The Sun.
London, England, 1870-11-24 00:00:00

MONETA.RY REPORTS.-YESTEIIDAY

The stock markets opened with firmness to-day, owing
to the belief which prevailed that an amicable settlement
of the Russian question would be arrived at, while there
is at the same time a growing hope that the return of
peace on the Continent is not far distant. The cheapness
of money and the reaction in the wheat market
have also tended to create confidence in the
future. A baseless rumour which became current pro-
duced a slight panier in the middle of the day, but values
soon recovered themselves, on the groundlessness of the
statement—which was to the effect that an unfavourable
answer had been received from Russia—becoming ap-
parent. The object with which these gross fabrications
are' put into circulation is not difficult to discover
Consols opened at 92 13-16, 92 15-16, and
after being done at 92a, 92k, ultimately closed
at 92k, 92i. Reduced and New Three per Cents.
were 91t, 91k. India Five per Cents., 111, 1121 ; India
Bonds, 21s. to 265. prem. Exchequer Bills, 10s. to 14s,
prem.

Colonial Government securities have remained quiet,
and without important movement, throughout the day.
Foreign bonds were favourably influenced by the news
to hand, which is generally considered to point to an ami-
cable settlement of the points in dispute. Prices opened with
steadiness, and rather above those current at the close of
business yesterday, but a rapid fall took place on the
rumour above referred to being circulated, and the decline'
has not altogether recovered. The French Loan closed
at to dis., shewing a reduction of 'Egyptian (1868)
are 1 lower ; Mexican, Spanish I ; and ditto Quick-
silver Mortgage, 1; Turkish Five per Cents., 2 ; ditto,
Six per Cents. (1869), 1; Italian, t ; Five-Twenty Bonds
have given way 1, and Ten Forty Bonds to a similar
extent.

Some little excitement has taken place in the railway
share market. Prices opened firm, but towards the
middle of the day sales were pressed ; at the close, how-
ever, a rally took place, and the closing quotations shew a
rise of in Metropolitan ;1, in Caledonian ;1, In
London and Brighton ; 11, in Great Northern A. ; 1, in
Great Eaitern ; f, in North-Eastern ; /, in Midland; 1,
in London and North-Western ; 1, in Great Western.
Erie railway shares closed at 19, 19k, and Illinois
Central at 1101, 111 f, being a rise of 1 and f per cent
respectiiely. Lombardo-Venetian left off at 14, 14/, and
Atlantic and Great Western Railway Debentures at
34, 36. Other foreign lines were without material
change.
The transactions in -Joint Stock Bank shares have not
been extensive, but prices have ruled firm throughout.
Agra A shares hay° been done at 81; Alliance, 13f ;
Anglo-Egyptian, 22 ;Bank of New Zealand, 17f ; Imperial
Ottoman, 11i, 11k, 11f ; London and County, 49f, 491;
London and Westminster, 63 ; Oriental, 4.11.
The quotations for telegraph companies' shares are
without material change, the market having ruled quiet
The last pricSlor British Indian Extension shares was
61; Falmouth and Gibraltar, 10f ; Great Northern,
111, 114 ; Panama and South Pacific, 31, 2f (Its; French
Cables, 131, 14*'

There has been very little doing in British mines, So
prices were unaltered. Van, 55, 60 ; Tan-yr-Allt, 11, 2 ;
West Chiverton,. 52/, 541 ; Great Saxey, 17/ 181. Col-
onial and foreign mines generally were firm. Alwada, 11;
Don Pedro, 1/, 1 prem ; Rosso. Grande, 3-16, 5-16th ;
Sweetland Creek 3,3/ ; Tagnoril, 1, 14 prem.
Very few dealings have taken place in the miscellaneous
share market. The loans of the Viceroy of Egypt are
lower, but Silver's India-rubber Company shares have ad-
vanced /. Credit Fonder, 2-16, 2 3-16 ; India-rubber and
Gotta Percha, 37k, 38A ; Telegraph Construction, 26A, 27;
Trust and Loan of Upper Canada, prem.
There was an abundant supily of money in the market
to-day, while the quantity •of commercial paper afloat is
still restricted within limits. Short dated paper with
good names attached has been taken at 2/ to 20 per cent.,,
Short Loans on English Government Securities have been
obtainable at 1 per cent.

The Magellan has arrived at Lisbon from the Brazils
with £150,000, The Lagos, from the West Coast of Africh,
has brought £4,290.

The bullion operations on the Bank of England to-day,
consisted of the withdrawal of £5,000 in sovereigns for
transmission to Alexandria.

At the annual meeting of the Chontales (Nicaragua)
Mining Company, a committee of shareholders was ap-:
pointed to confer with the board for the purpose of carry-
ing into effect a proposition for providing funds for paying
off the debentures, and for more speedily opening out the
extensive mines belonging to the Company.
The Great Western Railway have given notice of
application to Parliament, in the next session, for power
to build, purchatie, hire anduse steam and other vessels, be-
tween any port or place where there is a station of the
company and the Channel Islands, the ports of Cherbourg
and St. Malo, and any other port on the south-eastern
coast of Ireland; between Cork and Belfast, both in-
clusive ; also to empower the company to raise for those
purposes further sums of money.
At an extraordinary meeting of the Star and Garter
Hotel Company, to be held to-morrow, it is proposed to
pass a resolution that " The Company be wound up
voluntarily, under the supervision of the Court of
Chancery."
At the meeting of shareholders of the West India and
Panama Telegraph Company, the report of the directors
was adopted. According to latest advices, the sections
between Jamaica and the Isthmus of Darien was in course
of submersion, and the Board are in daily expectation of
learning that the cable has been landed. This being over,
the extension through the West Indian colonies will
immediately follow.
The illoseold Gazette, of the Ist November, states :
"In consequence of a direct steamboat communication
between India, China, and Russia, via the Suez Canal, we
hear that in the coming year a commission house is to be
organised at Odessa by Messrs. Cazalet, a well-known St.
Petersburg firm. The Odessa steamers will load at Bom-
bay (cotton, &c.) in January, and at Hankow (tea) in May,
1871. It is supposed that, as the railway tariff will be de-
creased, the through tate of cotton from Odessa to Moscow
will be from 60 to 70 copecks per Russian pood. Although
the South of Russia, 'rich in wool, has actually no cloth
factories, nevertheless it is expected, should cotton rule
cheaply at Odessa, cotton mills will be founded in that
town. Besides standing in direct relations with the lead-
ing houses in India and China, it is reported to be the
intention of the firm to introduce manufactured articles
of Northern and Central Russia into more general use
in Southern, or so-called New Russia, in lieu of foreign
goods," _

LONDON STOCK EXCHANGE.- WEDNESDAY.

LATEST PRICES.—AWER OFFICtAL HOURS.
The prices under the lines indicate the business done.

tIOVERNMENT SECURITIES.

Three per Cent Consols.. 924 92} DoApril/2Oct 188345.. 1101111*
931, 31, 21, 1 1116. 108, 11/
Do for A ecoun t
931, 21, 1 1031
Three per Cent Reduced 911 916 Brazilian. 1865, 5p a .... 90 92
919, I 914,-1
New 3 per Cent
911, a, 1, 1 Do nail Debit' 7 p .. 99 101
Exchequer Mg, March 10 15pm Italian, 1865. 5p et
14s, 15s, lls pm Peruvian, 1865. spa .'
DO. June , lO 15pm Portuguese 1869 3 p 0.. 301 311
m 1
Bank Stock _ ' Russian. 3 1862.
5 D 0.. .. 82 84

2321, 1 --ki-4:. 31:- i" " --
--0
India 5
Ipe 1 .—r Cents .. ..... Do Nicolas 4p o
64
6
5,6,
Indiaßonds , Spanish.6s/. 1867. 3 p 41, 51
a
pm • 311, g. g. 3. I.}
Can6pcJan&Julyll77-84 104 105 Do, 1869, 3p a
311
1041, 5, 41 311, L L 301. li
Do March & Sept. 102 104 Turkish, 1854, 6p a —
Do 5 p c Jau & JUly .. 96i wii 771
98 Do, 1865, 5 p a
Do Inscribed Stock .. 97 93 43, 1, IL 21. I/
Dom of Can 5. p a 1903 .• 26 98 1:10, 1865 GP a
Ceylon 6 p c May. and 60, 59
November 1878 lO5 107 U. 8.5-20 1i0n.1,1,6 0 0 1331 871 83
Mauritius 6 pa Jan and 881. 71, i
July 1873 lO3 105 Do do 1885 87 871
New liiVales 5 p 01871-76 10111021 871, 7
New Zealand 6pc 1891 lOB 110 Do 10-40 Buds, spl 19 lk 861 87
Dospo
Do 5p o Consolidated 97 98
41Ciriiiie.FiihsactiOtdraolles,iamllrpod.,1.a.
80,....11iiii
97..3 81
Do 6p c Mar & fiept 1891 10'6.108 Atlantic aud G W Root'
Do June & Deo 1891 108 ID Mortgage 11outla
Via, 6p c.Tan &July vat 114 116 28, 71
1151
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