The Sun.
London, England, 1870-10-24 00:00:00

MONETARY REPORTS.-SATURDAY.

The stock markets opened this morning with a steady
appearance, and with the prospect of a general improve-
ment. Later in the day, however, owing to the news
from abroad being less favourable for the return of peace,
the tone became less firm, and towards the close there
was a general tendency to lower rates. Railways have
shewn but little alteration, the principal changes
being in foreign bonds. The market for
home securities has been depressed. Consols have
fallen 1 per cent., being quoted at 92*, 921 for delivery
and the November account ; Reduced and New Three
per Cents.. 911, 91 ; Bank Stock, 232, 234 ; Exchequer
Bills, 6s. to Us. prem. ; India Five per Cents., 1102, 111/ ;
and India Bonds, 18s. to 235. prem.
Colonial Government Securitieshave been quiet ; New
Zealand Consolidated, 981, ; Victoria (1883-5), 111,
In English Railway Stocks very few transactions have
taken place, and the tendency at the close has been
towards a lower range of values ; Midland at 1271,
1271, and Great Western at 703 to 711, are each 1 lower.
Metropolitan is quoted at 64g to 64g ; Caledonian, 76
to 764 ; Brighton, 42/ to 43 ; South Eastern, 74/ to 751 ;
Great Northern, 122 to 123 ; ditto A., 134,2 to 135/ ;
Great Eastern, 38* to 38i ; North Eastern, 144/ to 1441;
and North Western, 1283 to 1291.
For Indian railway stocks the demand has been inac-
tive. Bombay, Baroda, and Central India, 104/ ; East
Indian, 10ct to 1101 ; Great Indian Peninsula, 106* ;
Madras, 105/ ; Oude and Rohilkund, 104 ; and
Scinde, 103/, 1041. Canadian shares have changed hands
quietly. Great Western, 141. Foreign shares have sold
slowly. Great Luxemburg, Lemberg Czernowitz,
16-1, ; Recife and San Francisco, 15/ ; and Lombards,
14/, #.
In the foreign bond market, there has been a want of
animation, and the preponderance of sales over
purchases has weakened the value of the leading specul-
ation stocks. Egyptian 1868, at 77#, 77#, are lower;
Italian 1861, g, at 55*, 55g; Turkish Five per Cents,
1, at 431, 433 ; ditto 1869, 1, at 511, 51#; Mexican, 1
at IR, 15 ; Brazilian (1865) are quoted at 90-i, 902; Peru.
vian (1865), 89/, 901 ; Egyptian Nine per Cents., 1002,
101/. American securities have been dull. The Five-
Twenty (1882) Bonds have fallen 1, or to 891, 891; the
1885 are quoted at 88fr, 881; Erie shares have fallen fir, or
-18, 19i ; Illinois Central, 109*, 110*.

Business in Bank Shares has been on a limited scale.
Anglo-Austrian Loan marked 18k; Consolidated, 4 11-16;
Imperial Ottoman, 11, ; London and County, 48k, ;
London and Westminster, 601 61.
Telegraph shares have been in moderate request. Fal-
mouths, 10a, 10-2 ; Panama and South Pacific, 2 ex-div.;
Hooper's Telegraph Works, 4 13-16 ; and Telegraph Con-
struction, 27k.
Miscellaneous securities have been quiet, but firm.
Bahia Waterworks, 15 ; Credit Foncier of England, 2i ;
Fore-street Warehouse, 19i ; Peninsular and Oriental
Steam, 50i ; Royal Mail Steam, 58i ; Thames and Mersey
Insurance, 5i ; and Universal Marine Insurance, 10.
The discount market has been devoid of any feature of
especial interest. Capital has continued abundant, and
the demand for accommodation has been only to a mode-
rate extent. In Lombard-street three months' paper has
been taken at 2i to 2i per cent.
The Louisiana has arrived at St. Nazaire, from New
York, with £32,000 in specie. The Nubia, from India
and China, has brought £183,200, principally in silver.
The Delta has taken £28,400 for the East.

The sum of £lO,OOO has been sent into the Bank to-clay.
The following is from the Levant Herald of the 12th
inst. :—" The Treasury has contracted a ' temporary '
loan with the Societ6 G4ndrale for £1,200,000 at 12 per
cent per annum interest, plus the usual bank commission.
Having regard to the present tightness of money, these
terms are quito as favourable as could have been ex-
pected."
The report of the Royal Mail Steam Packet Company,
of which Captain Mangles is chairman, to be submitted
to the shareholders at the City Terminus Hotel, on Wed-
nesday, has been issued. The directors, after reviewing
the state of the accounts express themselves able to re-
commend a distribution of £3 a share, free of Income
Tax ; viz., a dividend of 15s. a share from the ordinary
profiits, a bonus of ss. a share from the "Repair and
Renewal Account," and a further bonus of £2 a share
from the " Insurance Fund ; " payable by warrants to be
issued on the evening of the 29th instant. The " surplus "
on the " Working Account " for the six months ended
30th June, 1870, laid before the shareholders, is
£15,514 13s. Bd. in excess of that for the same period of
1869.

The commercial editor of the Times calculates that the
cud of the war can hardly arrive without an addition being
witnessed of at least 200 millions sterling to the existing
debts of European States.

LONDON STOCK EXO HANG E.-SATURDAY.

I.A TEST PRICES.-AFTER OFFICIAL HOURS.

The prices under the lines indicate the business done.

GOVERNMENT BEOURITIES.

Three per Cent Consols 921 Vict 5p a Jan & JulylB94 103 104
921, / Brazilian. 1865, 5p a .... 90 91
Do for Account
Three per Cent Reduced 911 915 Egyptian 1862. 7pc .. .. 81 83
521. 5 Do Rail Deben 7 p .. 99 101
New 3 per Cent
911, 1 Italian, 1865, 5p a
Exchequer Bills, March 6 11 pm Peruvian. 1865. 5p a
7s pm 895, 90
Do, June 6ll pm Portuguese 1869 3pc .. 301 311
11s pm Russian. 1862. 5 p c.. .. 88 89
Bank Stock
India 5 per Cents
-1111, 11 695. 5
India Bonds — Spanish. 1867. 3PO
pm 295, 301, 295, 30
6pcJan&Julyll77-84 10511065 Do, 1869. 3p c
Do March & Sept. 103 105 295, 5, 1
Do 5p c Jan & July .. 985 995 Turkish. 1854, 6p a Bl 83
Do inscribed Stock .. 97 99 811
Dom of Can 5p a 1903 .. 96 98 Do, 1865. 5p a
Ceylon 6 p c May and 445, 5, 4
November 1878 lO7 109 Do, 1865 6p a
Mauritius G p o Jan and 631
July 1873 lO3 105 U. 5.5-20 lionds,6 p c 1382 895 891
New S Wales 5p 01871-76 10151021 895, 1 x d
New Zealand 6p c 1891 lO7 109 Do do 1885 885 885
Do spc
Do 5p c Consolidated 98 99 Do 10-40 Buds, Spa 1901 87 87i
81. 5 x d 875,
Do 6 p9c
Mar & Sept 1891 106 108 Erie Sha, 100 dots, all paid
Do June & DeclB9l 108 110 Illinois Central Shares .. 110 111
V ict 6p c Jan & July 1891 113 115 Atlantic and UW R Con
DoApril St Oct188:3-85 1105U19 Mortgage Bonds 291 305
111, *