The Sun.
London, England, 1870-11-12 00:00:00

MONETARY REPORTS.-YESTERDAY.

Owing to the circulation of rumours decidedly adverse
to an early return of peace, the stock markets have been
in a very depressed state, and a general decline has taken
place in values. Foreign bonds have been principally
affected, the fall in some instances being severe
but railway stocks shew no important alterations. Con-
sols have fallen 1, or to 923, 93 for delivery and the De-
cember account. Reduced and New Three
per Cents., 911, 91a ; Bank Stock, 230, 232 :
Exchequer Bills, 10s. to 14s. prem. India
Five per Cents., have been done at 113 A to 114, and India
Bonds 21s. to 265. prem. For Colonial Government
Securities, the demand has been to a limited extent, and
quotations have bad a drooping tendency.
The railway market has been in an unsettled state, and
the quotations have had a drooping tendency. Metropo-
litan, 63a, 63a ; Caledonian, 77k, 78 ; Brighton, 42, 42t ;
South Eastern, 75t, 75* ; Great Northern A, 134 A, 135 ;
Great Eastern, 39k, 393 ; Midland, 1271, 127 A ; North
Western, 128*, 1281; Great Western, 703. 71* ; and
North-Eastern, 144,144*.
For Indian railway stocks the demand has been inac-
tive. Bombay, Baroda, and Central India, 105* ;
Carnatic, 103 f ; East Indian, nab ; Great
Indian Peninsular, 106 A, 7 ; Great Southern of
India, 105 a ; and Scinde, 104 a. Canadian shares
have changed hands quietly. In foreign shares very little
business has been doing. Bahia and San Francisco 18*
Central Argentine 201 ; Dutch Rhenish 23 ; Great
Luxembourg 113 ; Lemberg Czernowitz 17; San Paulo
20a ; and Lombards 14g.
The Foreign Bond market has continued depressed, and
there has been a general reduction in values. Italian
(1861) have fallen or to 551, 56 ; Spanish (1867)
or to 31k, 31i; ditto (1869), f or to 31A, 31g ;
Turkish Five per Cents. g, or to 56, 56t ; ditto (1869)
3or 523, 53* ; Egyptian (1868) or 78A, 78g. Mexican
quoted at 14k, 15. American securities have been quiet.
The Five-Twenty (1882)- bonds are quoted at 89*, 891,
ditto, (1885) 88i, 881.
The French loan has fallen to a, 3 prem.

The demand for Bank shares has been inactive. Agra
A, 8-i ; Chartered Mercantile of India, London,• and
China, 23 ; Imperial Ottoman, 12i ; London and
County, 50; London and Westminster, 63k, and Union
of London, 39.
Telegraph shares have been purchased quietly. Anglo-
American,B7k ; British Indian Extension, 6i; British Indian
Submarine, 7i, 71: Falmouths, 10k; Great-Northern,
111, 12; Mediterranean Extension, 4i : and French
Cables, 14g. Hooper's Telegraph Works, 6k ; and Silver's
Indiarubber, 38k, 38g.

In miscellaneous securities the transactions have been
restricted. Berlin Waterworks, 15f ; Ceylon Company,
6f, 6 ; International Financial, 3 ; London General
Omnibus. 3i; Peninsula and Oriental Steam, 50.
The bullion operations at the Bank of England to-day
consisted of the purchase of £28,000 in bar gold, and the
withdrawal of £lO,OOO in sovereigns for Alexandria.
The supply of bills on 'Change to-day was more abun-
dant, and prices were more favourable to this country.
The discount market to-day has been heavily supplied
with capital. The demand for accommodation has not
been active, and three months' paper has been nego-
tiated at 2a per cent.
Messrs. Pixley, Abell, Langley, and Blake thus report
on the state of the bullion market :—The large amount of
£BOO,OOO in gold, brought by the Overland Mail from
Australia and India, has been delivered this week, and
as there is no demand whatever for export, the whole
of this sum will be sent into the Bank as soon as it can
be refined. About £369,000 has been sent in since our
last circular of the 3rd instant. The demand for silver is
still active for the Continent, and the price remains with-
out alteration at 60ad. per oz. standard.

The Liverpool Journal of Commerce announces the
failure of Messrs. J. Clibborn and Co. The liabilities are
not known, but the amount is believed to be large. The
assets are expected to yield 20s. in the pound.

The Manchester Examiner and Times states that at a
meeting of the creditors of Jonathan Swallow, builder
and contractor, of Ardwick, a composition of 10s. in the.
pound was offered, payable in three guaranteed instal-
ments, but not accepted.
The traffic return of the London, Chatham, and Dover
Railway for the week ending November 6th records an
increase of £42 upon the corresponding week of last year.
The West India and Panama Telegraph Company
having been informed that steamers have been chartered
to form a daily line of communication with Key West,
oovering the break of the International Company's cable,
announce that telegrams received from Cuba will be for-
warded in this manner without extra charge. The rates
to Jamaica have been reduced to £3 7s. 6d.

FOREIGN EXCHANGES.—Antwerp, three months' date,
25 35, 25 40 ; Paris, short date, —, ; ditto, three
months' date, 25 60, 25 80 ; Marseilles, ditto, 25 40, 25 50 ;
Leghorn, Genoa, Naples, and Palermo, ditto, 26 62k,
26 67i ; Amsterdam, short date, 11 17i, 11 18 ; ditto,
three months' date, and Rotterdam, ditto, 11 19k, 11 12 ;
Hamburgh, ditto, 13 101, 13 102; Frankfort-on-the-
Maine, ditto, 1201, 1201 ; Vienna and Trieste, ditto,
12 50, 12 60 ; St. Petersburgh, ditto, 29k, 292 ; Madrid
and Caili7, ditto, 491, 49k ; Lisbon, 90 days' date, and
Oporto, ditto, 521, 52g.

LONDON STOCK EXCHANGE.-FRIDAY.

LATEST PRICES.-AFTER OFFICIAL HOURS.

The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

Three per Cent Consols 923 93 Viet 5p c Jan& JulylB94. 10311041
933. 3,3, i 104
Do f0931r Account
A 1
Three per Cent Reduced 911 911 Egyptian 1862, 7pa• . .. 81 83
911, 3, I Uo Rail Deben 7 p .. 99 101
New 3 per Cent
911, 3. a Italian, 1865, 5p o
Exchequer Bills, March 10 15pm Peruvian, 1865, 5p o
10s pin 901, 1
Do, Juno lO 15pm Portuguese 1869 3 p a.. 311 311
pm Russian, 1862, 5 p a.. .. 851 86
Bank Stock
India 5 per Cents
113/, 14/ 68. 71 x d
India Bonds — Spanish. 1867. 3pa
pm 311, 34 1, 3
Can 6pc Jan&Julyll77-84 10511063 Do, 1869, 3p o
1131, 141 303, 1, 301, 1. 181 83
Do March & Sept. 103 105 Turkish. 1851, 6p a
Do 5p c Jan & July .. 98 99 818
981, 1 Do. 1865. 5 p a ...
Do Inscribed Stock .. 97 99 481. 3, i
Dom of Can 5p c 1903 .. 96 98 Do, 1865 6p c
Ceylon 6 p c May and 651, 6, 51
November 1878 lO7 109 U. 5.5-20 lionds,6p c 1332 881 831
Mauritius t, p c Jan and 891, 1
July 1373 lO3 105 Do do 1835 88 881
New b Wales 5 p clB7l-76 10111021 881
New Zealand 6p c 1891 lOB 110 Do 10-40 Buds, spa 1331 67 873
Dos pc
Do 5p c Consolidated 98 99 ErieSha„ 100 dols,all paid
981. 3 Illinois Central Sharai .. 11231121
Do 6p c Mar &SeptlB9l 107 109 1121, 8
Do June & DeclB9l 109 111 Atlantic and GW R Con
Viet 6p c Jan &July 1891 114 116 Mortgage Bonds —
DoApril &OctlBB3-85.. 11111121
1121, 12