The Sun.
London, England, 1870-12-05 00:00:00

MONETARY REPORTS.-SATURDAY.

Notwithstanding that the business doing to-day has
been on a very moderate scale, a steady feeling has per-
vaded all departments of the Stock Exchange, and the
movements in prices, although by no means important,
have been of a favourable nature. As regards railways,
Midland, North-Western, and Great Western each shew
a fractional improvement, whilst the principal specula-
tive Foreign Bonds, such as Italian, Spanish, and
Turkish have risen in value ; but American securities
have been lower. Home securities have been very firm,
and Consols have risen 3-16 per cent., the quotation for
delivery and the account being 91i, 92 en div. Reduced
and New Three per Cents., 91g, 911 ; Bank Stock, 230,
231; Exchequer Bills, 10s. to 15s. pretn.; India Five
per Cents. have been done at 1094, 110 i; and India bonds
at 225. to 275. prem. Colonial Government securities
have changed hands quietly, but at steady currencies.
There has been a want of animation in the inquiry for
English railway stocks, but the'market has been steady,
and the bulk of the alterations have been favourable.
Midland, at 1271,1271, and North-Western, at 1271,127;,
are each better, whilst Great Western shews an en-
hancement of 1, at 691, 691. South-Eastern, however,
has been lower, at 73, 74} ; Metropolitan is quoted at
64, 641; Caledonian, 781, 794 ; Brighton, 40, 401 ; Great
Northern, 1231, 1241 ; ditto A., 134, 1341 ; Great-
Eastern, 381, 38 ; and North-Eastern, 143 i, 14n
There has been only a moderate inquiry for Indian
railway stocks. Bombay, Baroda, and Central India,
103, 1041 ; Eastern Bengal, 1041 ; East Indian, 1091 ;
Great Indian Peninsula, 1064, 1074; Madras, 104?; Oude
and Rohilkund, 1034, and Scinde, 1021, 1034. Canadian
shares have been dull. For foreign shares the inquiry has
been restricted. Dutch Rhenish, 221 ; Great Luxemburg,
111 ; Lemberg-Czernowita, 16 ; Lombardo, 141, g.
The market for foreign bonds has been rather firmer, at
an occasional advance. Peruvian have been per cent.
better, at 94, 911; Italian 1861, 1, at 55k, 551; Spanish
1867, 1, at 311, 311 ; Turkish Five per Cents., at 44g,
44. Brazilian, 1865, are quoted at 914, 911; Egyptian
1868, 77, 771; ditto, Nine per Cents., OS, 96 ; Spanish,
1869, 31, 34 ; Turkish 1865, 64, 62 ; ditto 1869, 501,
500 ; Mexican, 13k, 14/ ; French Scrip, Ito prem.
American securities have changed hands quietly. The
Five-Twenty bonds have fallen 1, the 1882 being quoted
at 88g, 881; md the 1885, at 871,88,; Erie shares, 201,21;
and Illinois Central, 111,112.

Bank shares have commanded but little attention.
Agra, A, 8 ; Anglo-Egyptian, 21i ; Imperial Ottoman,
11i ; London and Westminster, 64 ; and the Union of
London, 34.
In Telegraph shares transactions have been to a fair
extent. Anglo-American, 75i, 7i ; British Indian Exten-
sion, 6i, ; British Indian Submarine ; vaimouth,
1o1; French Cables, 13; I:topper's Telegraph Works,
51, 6 ; Silver's India Rubber, 41i, 42i ; and Construction,
26,1.

Miscellaneous securities have been purchased to a
moderate extent. Berlin Waterworks, 15i ; General
Credit and Discount, 7i ; Hudson's Bay, 8i; National
Discount, 11k.

The discount market has been quieter today. There
has been a fair supply of capital, but the demand for
accommodation has been easier. Three months' paper has
been taken at 2*, 2k per cent.

The Nyanza has arrived with £700,000 in specie from
Alexandria.

The Salsette has taken out £37,300 in gold, principally
for Alexandria.

The adjourned general meeting of the shareholders in
the Aroa Timber Company was held at the offices of the
company, Winchester-buildings, Great Winchester-street,
to-day, under the presidency of Mr. Martin A. Sharp.
The chairman explained that the meeting was held in ac-
cordance with the provisions of the Joint Stock Company's
Act, and said that the company was making good progress.
He also read an extract from a letter giving
the opinion of the late Mr, John Braithwaite, civil en-
gineei, which was as follows :—" The specific gravity is
something marvellous. The wood is so hard it is like
iron. If I could have got such wood for sleepers when I
was making the Eastern Counties there would have been
a great saving to that company in repairs and renewals
of the permanent way. Some of the specimens of wood I
saw were remarkably well adapted for railway sleepers
where the line runs through damp counties and marsh
lands. It is so hard that in many instances the ex-
pense of creosoting would be saved. The only point is
the price at which it could be imported into England. I
fear it may take a long time before it becomes known.
but I wonder it has never been introduced before into the
English market." So far that opinion of Mr. Braithwaite
was very satisfactory, especially as the wood was being
inquired after in many quarters. He had also to report
that an agreement had been entered into, subject to the
approval of the shareholders, with Mr. Richard Bird,
who had accepted the post of general manager, and
would at once proceed to the estates in South America.
The agreement was read and approved, and the pro-
ceedings closed with the customary compliment to the
chairman.

The sum of £24,000 has been sent into the Bank of
England to-day.

LONDON STOCK EXCHANGE.-SATURDAY.

LATEST PRICES.-AFTER OFFICIAL HOURS.

The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

l'bree per Cent Consols 911 911 DoApril &Oct 1883-85.. 111 112
911, 1 x d 111
Do for Account
911, 2 x d Brazilian. 1865, 5 p o .... 91 93
Tbree per Cent Reduced 911 912 912, 1 •
911 1 Egyptian 1862, 7 p 0 .. • • 78 80
New 3 per Cent
911, 1 x d Do Rail Deben 7 p c .. 100 102
Exchequer Bills, March 10 15pm Italian, 1865. 5 p a
Do, June pne lO 15pm in Peruvian,
9121865, 5 p 0 .... 91 92
Pm Portuguese 1869 3 p 0 .. 311 321
Bank Stock
230 Russian, 1862. 5 p 0.. .. 83 85
India 5 per Cents
1091, 10/ x d Do Nicolas 4 p a
India Bonds — 652. 61
pm Spanish. 1867. 3 pa
Can 6 pc Jan&Julyll77-84 10411051 311, 1, 1
Do March & Sept. 102 104 Do. 1869. 3 p a
Do 5 p c Jan & July .. 97 98 31, }
Do Inscribed Stock .. 97 99 Turkish. 1854, 6 p o —
Dorn of Can b p c 1903 .. 96 98 Do. 1865. 5 p o
Ceylon 6 p c May and 441, 1
November 1878 lO6 108 Do, 1865 6 p a
Mauritius 6 p c Jan and 62
July 1873 lO3 105 U. 5.5-20 Bonds,6 p a 1333 881 881
New S Wales 5 p 01871-76 10111021 881. 1. 1
New Zealand 6 p c 1891 lOB 110 Do do 1885 871 88
Do 5 p c
Do 5 p c Consolidated 98 99 Do 10-40 finds, Spa 1331 862 871
99 6 71
Do 6 p a Mar & Sept 1891 106 108 ErieSha,B 101, 0 dols, all paid
Do June & Deo 1891 108 110 Illinois Central Shares .. 111 112
V lot 6p cJau k J ul y 1891 115 117 Atlantic and G W It Con
Mortgage Bouds —

10 Falmouth, Gibraltar, 100 Submaiine 235 240
and Malta (LI
101 10 W India &Panama(L) 4; 5;
10 Great Northern .... 111 111 4 5-16, 5
lli

MISCELLANEOUS SECURITIES.
I'd _ _

- -
Anglo-Austrian Bnd- 20 It brie Can Cavour 31 4
holders' Certificate 11 2f 100 Do 6p c Bonds, re-
-10 BerlinWMerworks(L) 141 154 deentable 1870 63 65
151 30 Loudon Fin A esoo(L) 20 18dis
30 Bolckow-Vaughan (L) 30 35pm 4 Lon Gen Omnibus • • 21 3
100 Boston City (U.& ) 5 2 15-16, 4
p C Sterling Loan 91 93 2 Lon & Prov Marine L) 1 1 pm
4 Brit & Fgn Marine (L) 2131 pm 100 Madrasltrig. &Canal
25 Canada Company. 74 76 g5O 0 by Ind Gov. 100 101
10 Ceylon Company (L) 3) 3 dis 2 Mauritius Land (L) 1 die. par
35 City Onions (L) 25 24 dis 5 Natnl Disct Comp (L) 11 111
20 Colonial (L)
5 Corn Union Assumes 21 3pm 21 N Zealand Loan and
10 Crdt Foes of Eng IL) 2 21 Mere Agency IL) .. 41 pm
100 Crystal Palace
00 Do Fret
00 Do 6p c Perp Deb.. 109 114 61 N Britsh and Mere (L) 28 29
271 Ebbw Vale Steel IL).. 9_Bldis 5 OceauMarinelnsur l3ll4lpre
100 Viceroy of Egypt 7p c 50 P and 0 Steam 4B 50
Mortgage Loan.... 78 80 48
79 10 Do do New. 1867 3 1 dig
100 Egyp 9 p crroy Loan, 50 Rhymney Iron
guar by Egyp a ay.. 94 96 15 Do New Bl 91
95, 6 60 Royal Mail Steam
13 Fore-st Warehouse (Li 71 71pm 12 Tel Con and Main (L) 26 261
20 and
100 Fgn and Colonial Gov 2 Themes
Trust 6p o Bonds.. 97 100 Marine Incur (I.
991, 81 4
71 Gen Credt&Disct (L) fdispar St Tobacco 6p o Loan,
guar by Italian Gov. 83 89
14 Genltm Navigation 261 271 5 Trust and Loan Co of
7 Hooper's Tel Works 1111 dis Upper Canada
51, 6,5/ 5 CT Marine. Lvpool IL 41 41pin
IT Hudson's Bay 8 81 20 Union Steamship (L) 23 25
81 6 United Dia Corprn (L 2 I die
45 Indrbbr,GutPer, and 5 UnivMarinelnsur (LI 6161pu0
Tel Works L) .... 41 43 111
42, 11, 21 . 12 Warrant Finance.... 8 7 die
5 InternlFinan Soc(L) Midis