The Sun.
London, England, 1870-10-14 00:00:00

MONETARY REPORTS.-YESTERDAY.

Owing to certain vague rumours gaining currency, and
to the failure of the Bank Directors to make any altera-
tion in the official minimum, the stock markets have been
much depressed to-day, and a general decline has taken
place in prices. Railway stocks have fallen to the extent
of about per cent., and foreign bonds,
also, have been lower. Home securities have
been neglected. Consols have declined / per
cent., or to 92 to 92} for delivery, and 92i
to 92 for November. Reduced and New Three per Censt
902 to 91. Bank Stocks, 233 to 235. Exchequer Bills,
ss. to 10s. prem. India Five der Cents, 110 to 110}, and
India Bonds, 18s. to 235. prem. For Colonial Govern-
ment securities there has been but little inquiry, at about

late currencies.
English railway stocks have been purchased cautiously,
and prices shew an average reduction of about per cent.
Metropolitan, 661, 66g ; Caledonian, 77, 77i ; Brighton,
41, 44 ; South-Eastern, 73, 73i ; Great Eastern, 37*,
37g ; Midland, 1261, 126 ; North-Western, 1282, 129 ;
Great Western, 704, 71* ; and North-Eastern, 1451, 1451.
Indian Railway stocks have commanded but little
attention. East Indian, noi ; Madras, 105 g ; Oude and
Rohilkund, 1031; and Scinde, 1031. Canadian shares
have been neglected. Foreign shares have been quiet.
Lombards, 14*.
The foreign bond market has been in an unsettled state,
and a further fall has taken place in values. Peruvian 1865
have fallen Italian 1861, ; Turkish Five per Cents., ;
ditto (1869), *; and Egyptian 1868, * per cent. Egyptian
1868 are quoted at 76*, 76* ; Italian 1861, 54*, 541;
Mexican, 14g. 144 ; Spanish 1867, 28, 28*; ditto 1869,
271, 27i; Turkish Five per Cents., 422, 424; ditto 1869,
50i, 50 ; Peruvian 1865, 84 90. American securities
have been in limited request. The Five-Twenty Bonds,
1882, 911, 911 ; ditto (1885), 901, 904.
The bullion operations at the Bank to-day, comprised
the purchase of £93,000, and the withdrawal of £217,000,
sovereigns, chiefly for transmission to India.
The Clearing House return for the week ending Octo-
ber 12, shows a total of £65,103,000 against £65,705,000 for
the corresponding period last year.
In bank shares very few transactions have taken place.
Imperial Ottoman, 11} ; London and Westminster, 61 ;
Union of Australia, 41i ; and Union of London, 34.

Telegraph shares have been firm. British Indian Sub-
marine have risen or to 88t ; and Falmouths or to
10a h. French cables have marked 15i ; Anglo-Mediter-
raneans, 14i ; ditto new, Bi, . Telegraph Cconstruction
have been I better, at 26k, 261.
Miscellaneous securities have been neglected. Hudson's
Bay, 9i ; National Discount, 11.
At a meeting of Price's Patent Candle Company held
to-day, a dividend at the rate of 6 per cent, per annum
was declared on the preference shares.
The shares of the South Aurora Silver Mining Company
are hto 1 prem.
The Khedive loan is 72i to 722.

The adjourned meeting of the creditors of Messrs. Wild
and Son, cotton waste dealers, Oldham, was held yester-
day, when the resolutions to accept a composition of 6s.
in the pound, adopted at the former meeting, was con-
firmed.

The trustees of the late firm of W. T. Piper and Co.,
builders, of 173, Bishopsgate-street, have declared the
third and final dividend of 2s. Oid. in the pound, making
a total of 7s. Bd. in the pound.
The return of the Bank of England shews the follow-
ing results when compared with the previous week :
An increase in circulation of £55,652 ; a decrease in
public deposits of 22,463,756; an increase in other deposits
of £1,152,680; a decrease in Government securities of
£134,207; an increase in other securities of £1,083,199; a
decrease in bullion of £95,772; an increase in rest of
£40,246 ; an increase in reserve of £157,582. The circula-
tion, including bank post bills, is now £25,328,510; public
deposits amount to £4,116,726 ; and private deposits to
£19,320,978. The securities held represent £29,865,600,
and the stock of bullion is £22,292,413. The rest figures
for £3,091,799.

The Bank directors have failed to make any alteration
in the official minimum to-day, which therefore remains
at 2i per cent. Capital is still very plentiful, and three
months' paper has been taken in the general market at 2i
per cent.

The traffic return of the Bristol and Exeter Railway
notes an increase of £237 over the corresponding return
of last year ; that of the Great Fast ern an increase of
£1,866 ; the Great Northern an increase of £2,029; Lan-
cashire and Yorkshire, an increase of £3BB ; the Great
Western an increase of £1,422; the Caledonian an increase
of £2,396. The Manchester, Sheffield, and Lincolnshire

has decreased to the extent of £748.
The Liverpool Jonrnal of Commerce announces the failure
of Messrs. Ridley and Son, engaged principally in th 6
Newfoundland and Brazil trade. The suspension is attri
buted to the failure of the Labrador trade.

LONDON STOCK EXCHANGE.-THURSDAY,

LATEST PRICES.-AFTER OFFICIA t HOURS.

The prices under the lines indicate the business done for money.

GOVERNMENT SECURITIES.

Three per Cent Consols 925 92/ DoApril &OctlBB3-85.. 110 111
921. 5,5, 5 1105, 1
Do for Account
921, 5 21, 5
Three p9l
1, er Cent9o/
90 Reduced 905 915 Brazilian. 1865, 5p o ... • 895 901
1
New 3 per Cent
91, 90/, 915, 901 Do Rail Debon 7 p .. 98 100
Exchequer Bills, March 510 pm Italian, 1865, 5p c
m
Do, Jupne 5lO pm Peruvian 5 1865, 5p a .... 895 901
pm 89
Bank Stock
234 Russian, 1862, 5 p c.. .. 875 88i
India 5 per Cents
110/, 1 Do Nicolas 4p a
India Bonds — 69, 85, 5
23s pm Spanish. 1867, 3 pc
Can 6pa Jan&Julyll77-84 10551065 27/, 8
1055 Do, 1869, 3p c
Do March & Sept. 103 105 275 g
Do 5p c Jan & July .. 98 99 Turkish, 18'54, 6p a Bl 83
985, 5 81
Do Inscribed Stock .. 97 99 Do, 1865, 5p a
Dom of Can 5p c 1903 .. 96 98 425, 35. 21
Ceylon 6 p c May and Do, 1865, 6p c
November 1878 lO7 109 625
Mauritius 6p c Jan and U.S. 5-20 Bonds, 6p a 1882 915 915
July 1873 lO3 105 915, 1. 5
New SWales 5p 01871-76 101 102 Do do 1885 905 90 5
101/ 901
New Zealand 6p c 1891 lO6 109 Do 10-40Bnds, spo 1901 855 86
Dos pc
Do 5
98p c 5
Consolidated 98 99 ErieSha,loo dots, all paid
Illinentral Shares ..
Do 6pc Mar &Sept 1891 105 107 Atlaoisntic C
and a W It Con 10951101
Do June & DeclB9l 107 110 Mortgage Bonds 295 305
Vict
1146 p
e Jan &July 1891 113 115