The Sun.
London, England, 1870-10-29 00:00:00

MONETARY REPORTS.-YESTERDAY.

Influenced by the belief that the capitulation of Metz
will cause the Parisians to perceive that further resistance
to the armies of Prussia will not only be
useless, but will entail further fearfnl slaugh-
ter, and that they will, therefore, be now more
readily disposed to listen to terms of peace, the stock
markets to-day have been decidedly firmer, and the quo-
tions have improved in many instances. There has
been no important movement in railway stocks.
As regards foreign Bonds, the principal change
has been in Spanish, which have been
freely purchased on the belief that no opposition will be
offered to the placing of the Duke D'Aosta on the throne.
Consols have been firm at 911 914 for delivery and the
account. Reduced and New Three per Cents. 91, 911.
Bank Stock 232 to 234. Exchequer Bills Bs, to 12s. prem.
Indian Five per Cents 1114, 112, and Indian Bonds 18s.
to 235. prem. Colonial Government Securities have been
quiet but firm.
In the market for English railway stocks very few
transactions have been effected, and the movements in
prices have been about evenly balanced. Metropolitan
stock has fallen I, or to 634, 634 ; Brighton 4, or to 424,
421; and Great Eastern 4, or to 384, 39. On the other
hand, Caledonian is 4 better, at 76, 764 ; Great Northern
A. 4, at 1354, 1254 ; North-Western 4, at 1284, 1294 ; and
North-Eastern 4, at 1444, 145. South-Eastern is quoted
at 744, 754 ; Midland, at 1264, 1274 ; and Great Western,
704, 714.
For Indian railway stocks there has been but little in-
quiry. Great Indian Peninsula, 1064 ; Oude and Rohil-
kund, 1031; and Scinde, 104. Canadian shares have
been flat, Grand Trunk have fallen 4, being done at 124.
Foreign shares have been quiet,. but firm. Lombards
have risen 4, at 141, 4. Great Luxembourg have marked
114, and Lemberg-Czernowitz, 17.
Foreign bonds have continued in request, and enhanced
rates have been paid. Spanish (1867) at 304, 314 ; and
the 1869 at 304, 31, have been 4 better ; Italian (1861),
have risen 4, being quoted at 554, 554; Turkish Five
per Cents., at 444, 441; ditto (1869), at 514,
52; and Egyptian (1868) at 774, 78, are each
I per cent, higher. American securities have been firm.
The Five-twenty 1882 bonds have been better, at 894,
894 ; and the 1885 4, at 881, 88g. Erie shares are quoted
at 184, 19 ; and Illinois Central, 110, 1104.
The French loan is quoted at 14, 14 prem.
In bank shares very few transactions have taken place.
London and Westminster have risen 4, or to 61, 62 ; but
Chartered of India, Australia, and China have been
lower, at 14, 144; Imperial Ottoman, 114, 12; London
and County. 484.
Telegraph shares have been quiet. French Cables have
fallen 4, or to 134,144. Falmouths have markedlol Anglo-
Mediterranean, 134. Silver's India Rubber, 384, 39.
Telegraph Construction shares have been 4 better, at
284, 29.

Miscellaneous securities have commanded but little at-
tention. London Financial Association 11k.
The bullion operations at the Bank to-day, comprise the
purchase of £13,000 in bar gold, and the withdrawal of
£5,000 sovereigns for Egypt.
There has been a good demand for bills to-day, and the
rates of exchange have been rather lower.
At Mark-lane, to-day, wheat was quiet, but firm in
value.

The Devon and Somerset Railway Company have in-
vited subscriptions for £140,000, perpetual 5 per cent B
Debenture Stock, at the price of 75 per £lOO stock, and
yielding to the investor £6 13s. 4d. per cent. per annum
interest—three years' interest being specially guaranteed
by the investment in Government stocks of the amount
necessary to pay the same. Payments are to be made as
follows :—£lo on application, £l5 on 15th November,
£25 on 15th January, 1871, and £25 on 15th April.
The discount market has been fairly supplied with
capitaL There has been a moderate demand for accom-
modation, and three months' paper has been charged 2t
to 2i per cent.
Messrs. Pixley, Abell, Langley, and Blake thus report
on the state of the bullion market :—" There is no de-
mand for gold for abroad, and the Bank receives all
amounts on the market, the total sent in since the 20th
inst. being £128,000. On the other hand, sovereigns to the
value of £lOO,OOO have been withdrawn for Alexandria."
Notwithstanding the unsettled aspect of continental
political affairs, the Board of Trade tables testify that the
trade of the country during the month of September was
conducted on a fair average scale. During that month
the declared value of the exports of British and Irish pro-
duce and manufactures amounted to £17,090,823, against
£16,365,725 in 1869, and £17,027,240 in 1868. In the
month of August of the current year they were valued at
£17,087,490. During the nine months they reached a
total of £148,634,191, against £142,707,536 in 1869, and
£133,804,263 in the previous year. The computed real
value of the articles imported in August was £21,033,059,
against £20,559,578 last year, and £20,285,457 in 1868.
In the eight months the imports amounted to £160,466,361,
against £148,583,064 in 1869, and £152,637,733 in the
previous year.

Constantinople advices state that a second general
meeting of the creditors of Messrs. John Seager and Co.
has been held. It will be remembered that at the first
meeting a resolution accepting a composition of ss. in the
£l, payable in five instalments was unanimously
agreed to. At the present meeting the following
resolution was signed by 36 creditors representing claims
amounting to £123,867 :—" We, the undersigned, being
the statutory majority of creditors assembled at the
second meeting in the above matter duly held at No.
2, Rue de la Banque, Galata, Constantinople,
this 13th day of October, 1870, in accordance with the
provisions of the said Act, do hereby confirm
the resolution passed by the statutory majority
of the creditors of the said John Seager and
John Remmer Thompson assembled at the first meeting.
And we resolve that Hingston Harvey, of No. 2, Rue de
la Banque, Galata, Constantinople, Solicitor, be entrusted
with the registration of this resolution. And that the
trustees shall receive for remuneration the sum of £350,
to be divided between them as they may think proper."
The dissenting or non-voting creditors, present at this
meeting were five in number, and represented £3,556 Os. od.,
making a total of debts proved by creditors present—
£l36,433l9s. sd.
The following is from the Levant Herald of the 19th
inst :—" The Viceroy has just completed with the Oppen-
heims and the Imperial Ottoman Bank a loan of
£1,300,000, on the security of the Egyptian railways, at
an interest of 17 per cent. per annum—the whole of the
proceeds of the last loan having been swallowed up in the
vast military preparations which have been going on since
then to the present time and are still in progress. Daira
bonds are a drug in the market of 30 per cent. ; the finan-
cial situation has not been so bad for years past, and pay-
ments in nearly all the Government departments are long
and heavily in arrear."
FOREIGN EXCHANGES.—Antwerp, three months' date'
25 92i ; Paris, short date, nominal ; ditto, three months,
date, 25 80 ; Marseilles, ditto, 25 50 ; Leghorn, Genoa,
Naples; and Palermo, ditto, 26 75 ; Amsterdam, short
date, 11181 ; ditto, three months' date, and Rotterdam,
ditto, 12 01 ; Hamburg, ditto, 1310.2 ; Frankfort-on-the
Maine, ditto, 1201; Vienna and Trieste, ditto, 12 60;
St. Petersburgh, ditto, 30 ; Madrid and Cadiz, ditto, 49 ;
Lisbon, 90 days' date, and Oporto, ditto, 52.

LONDON STOCK EXORANGE.-FRIDAY.

LATEST PRICES. AFTER OFFICIAL HOURS.

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