The Press.
London, England, 1854-08-19 00:00:00

FOREIGN.

The conditions of the new Turkish loan were offi-
cially notified on Welnesday, and the security was at
once equally dealt in by anticipation on the Stock
Exchange. From the first it commanded the admi-
ration of capitalists, both as an investment and spe-
culation. Not, only was it observed that the terms
are extremely liberal, and the security (both direct
and collateral for the payment of principal and
interest) ample, but capitalists have the as-
surance from her Majesty's Government that the
whole of the arrangements have been conducted with
the bond fide authority of the Sultan, and that a
royal firman has been signed empowering the repre-
sentatives of his Majesty at London and Paris to ra-
tify the contract. It was noticed also that the Eng-
lish Government gives its assurance that the hypo-
ilecation of the Egyptian tribute, amounting
in value to 282,0001. per annum, is properly
secured to the subscribers to the loan. Deal-
ings took place in the stock on the first
day (Wednesday) as high as 7 per cent. pre-
mium. Yesterday and to-day quotations have de-
clined, principally through operations designed to
realise profits, to 0 and 54 p. m. The market closed
firm at 0 pm. this afternoon. The letters of al.
lotment have not yet made their appearance. Other
foreign stock have been much neglected. French
Rentes underwent an improvement on Saturday and
Monday last, the Bourse quotations having rallied 1
per cent. upon the publication of the Russian cor-
respondence in the Moniteur. They are since lower
again.
The National Bank of Belgium have reduced their
rate of discount to 21 per cent.
RAILWAY SHARES

have been heavy and drooping throughout the week,
on account of a general predominance of sales, and
the depression caused by the character of the half.
yearly report issued respecting the leading lines
These all show that expenditure has greatly in-
creased, and, notwithstanding a large extension of
traffic, the surplus profits are unable to pay the for-
mer rates of dividend. The result may not have
arisen from any fault of management, and is reason-
ably attributable to the increased rate of interest on
debenture debt, the advance of wages and high price
of food, iron, and tallow. But the consequence is
still the same, and some time must elapse before the
public will recognise the temporary character of the
drawback so as to renew their confidence io the divi-
dend-paying powers of the great railway enterprises.
This evening prices—Caledonian, 021; Chester and
Holyhead, 151; Eastern Counties, 111 1 I ; Edin-
burgh and Glasgow, 59 ; Great Northern, 821 3 ;
Great Western, 711 701 11 ; Lancaster and Carlisle,
90 ; Blackwall, 81 1 A ; Brighton, 105; North Western,
1011 1 x d ; Midland, 68 ; Oxford and Wolverhamp-
ton, 35 41; South Eastern, 05 41 ; South Wales,
3411.

BRITISH FUNDS. Closing Prices.

OFFICIAL QUOTATION.

3 per Cent. Consols
Ditto for Account
3 per Cents Reduced
3 per Cents
Long Annuities
Bank Stock, 7 per Cent
India Stock, 10} per Cut.
Exch. Bills, 20. per diem
India Bonds, (1,0001.)

IMoncl.iTuesd.

WeL i Thurs.

934
931
54 8$
044 4
411.16
208404
227
2d

9
ro:1
94 1

I
ip

Friday.

BANK OF

I
94 931 1193 4
93, 931 t 93 4
9i 194 1 (93 41
1/4 a 941 1194 1
41
11U 8 nusi 303 10

car Idlld2
I 21) 2:11p
I —

INGLAND.

An Account, pursuant to the Act 7th and Nth Victoria, cap. 32,
for the week ending on Saturday, the 12th day of Aug., 1864.