The Sun.
London, England, 1856-11-13 00:00:00

RUSSIAN RAILWAYS.

Some more exact details have been received wilt
regard to the Russian railway concession•
appears that the contract has been signed bY".....
Isaac Peroire on behalf of the Credit MnbiliV
Messrs. Hope, of Amsterdam ; Solomon T, boo;
neyssen, Thomas Baring, and Stieglits the
The roads are to be finished in 10 years, a- coo
duration of the concession is to be for 85 tes
from the time each line is completed. The
to be constructed are :-1. The Warsaw to
Kovno, to the Prussian frontier ; 3. Mnsc°"s.
Nigny Novgorod ; 4. Moscow to Theodosia
Mato Archangelsk to Libau. The Govertnn,
guarantee 5 per cont., including sinking ft11;300
which, however, it is reported, is not to conlilog
for 30 years, when it will be at the rate of ens" tbe
per cent. per annum. Twenty years aftgrove
opening of each line the Government are t°_..,4
the right of purchase by allowing for 65 YeTiao
sum per annum equal to the average profits 010 be
last five years ; but it is supposed this is net t 0 be
case if the profits have been below the eloo
rantee. During' next year and 1858 ab°tuasy
English miles are to be opened, in the five l'extee
ing years about 470 miles, and in the loist_.,:deot
years the whole of the remainder. The Pr.': but
of the board of direction must be a Rogrit
the chief committee for the settlement of-firein
ferences is to be in Paris. The distance ofe
Theodosia to Moscow is to be performed if,..Nreli
days, and the charge for tickets is defis"- ate
fixed. Rails, machinery, and all requisite% of
to be imported free of duty, and the first isi,sl/0004
shares is to be for a sum equal to 12,50nA in
sterling, of which half is to be subscrivQ:ote'
Russia. The principal new points in these ;$ of
ments are those regarding the postponers e ogee
the sinking fund, which proportionately
linfissicto
the value of the guarantee, and the ea 'Eden
of rails and other materials free of duty. „hoe
with 'these conditions, however, the whole 8"A 0
seems altogether unlikely to be entertains i.
13sia
London, and in Paris its prospects must bed thee
worse. At the same time it is to be remark6eater
the RussiLn. Government have obviouslyage
en-
tained similar misgivings, and that tlieY 11 bi
deavoured to provide against the continge!:11000
consenting to a proviso that the first issue of the
need not take place for ten months, or unto par
rate of discount in Berlin shall have fallen OlOOl
oent, It is also said that no caution ineneY,"t aftq
demanded. Their reliance evidently is tuay.,rinul
the existing pressure shall, have passed a nesclosicg
of inflation may arise, hut with the daily ineivg
experience of the results of railway pet oat 1:1°,
foreign countries there is reason to h orks"
the
change that can take place in the inolleY,,,et
will be sufficient, in this instance„ to be elation
requisite amount of infatuation. The BtiP loci 0
cri - he
that halt of the first issue shall be subs
odd
-
Russia is clearly worthless. The whole %lA° t°
stint to the London market as rapidly attainable'
realise whatever premium might be t
Times' City Article.

patell
ft The Nord of Brussels sa : —"A telegraphic dt:_s t the
tEiantgilviesh Government has sent his
.oni London, dated Satuyrday evening, states tt',.,',;,3ca
,of a rupture."
• Carini, Neapolitan Minister, and has thus talon t
passports to 4-11e;i0i,

k JOEY MARKET

A. 243,

DIEVIERCIA, TELLliij•tales

:ITY , Two ,a $. .
The Liverpool Cotton Market yesterday closed
and prices of Americans were
quietly yet firmly,
1-16 d higher. All other kinds were unchanged.
The sales were estimated.,at 6,000 bales. The Rail-
way Share Market manifested some improvement,
but only a limited business was transacted.
Owing to the unfavourable state of the weather
in the Channel the various foreign mails have
failed to arrive.
A further call, making 81. per share paid up, has
been announced by the Directors of the Cork and
Youghal Railway Company. This company pos-
sesses borrowing powers, but they have not yet
been exercised, and it is supposed that the amount
of capital paid and to be called on the shares,
together with those forfeited, which the directors
will probably be able to place at a further period,
will be sufficient to complete the undertaking.
Another extensive fraud, similar to that com-
mitted by Robson on the Crystal Palace Corn-
pany, is reported to have been discovered in
the offices of a large railway company. The i t
amount involved is roughly estimated at 3
150,0001., but the particulars are not yet fully
f,
ascertained. An excellent plan has been T
adopted by the Crystal Palace Company, which 1(
might be successfully followed by other public corn- 4t
panies--namely, that of giving notice to trans- ,t
3
ferers of shares whenever transfers are presented.
,t t
.
By this means fraudulent acts of transfer-clerks or 3t:
other officials would in most instances be detected. ,t
This morning the half-yearly meeting of the n
West Flanders Railway Company was held at the n "iii
offices, when the report was read and adopted. tgi
The dividend proposed by the Directors of 2s. 3d. 9t per share was passed unanimously. 320
The rumour circulated yesterday, and mentioned
q.A
is The Sun last evening, that the Bank Directors
-4t.
had refused to discount brokers' bills having more 20 than 30 days to run is believed to be substantially 1°
correct, although no formal resolution to that
effect was adopted. The Directors, at their 15
meeting to -day, however, owing to the St.
increased pressure on - their resources, have , 812 s
found it necessary to make a further application of 12
the "screw," the minimum rate having been raised 0
to 7 per cent., without any reference to the date of tt:
the paper presented for discount. It is, however, i 0
understood that three months' bills will not be ne- :5
i
gotiated. This further alteration in the value of
''' money indicates a most unwholesome state of
20
things ; and although trade may be called healthy at present, there can be no doubt that the caution ..
and contraction which the enhanced value of accorn- 5‘
Modation will necessitate must eventually p
highly prejudicial in all departments of business.rove st,
The market for English Securities has been at.
.rather languid this morning, and the transactions it.
both real and speculative have been very limited. 15
8.
Increased anxiety is felt relative to the Money IO
Market, and the increased restrictions im- It''
posed by the Bank of E
mentioned y ngland directors,
esterday, have checked opera-
i'(;*
tions. Consols opened at about 94 i for money, '0
,
and 92i 93 for account. Subsequently,
ci9)
here 921 i and 92i i respectively. When the de-sequently, they ,c
' 10
'`
sion of the Directors became known a slight
pani
ensued, and Consols for December were 92
i, but gt
New
have since been 92b and are now 92i i. The St
evr Threes are officially marked 91li
to
Reduced 91 i, and Exchequer Bills 3s. l' thounet 10;
par. Bank Stock is 215 to 216. di
A moderate business has been done in the Forei n i
Stock Market this morning at lower rates. Bra-
anima 5 per Cents, receded to 991. Clailian are 103 1-ic
to 1041. Mexican, 21i to 22. Spanish Deferred ;
23i. Turkish 6 per Cents. are 90 to 90i, and the 2i
4 per Cents. 100 A IA. Dutch 4 per Cents. ad- ,
vanced to 96 and 96i, and Belgian 4i per Cents. itt
brought 954. The French 4i per Cent. Rentes 2
realised 89f. 25c., with the Exchange at 25f. 20c. i:
The following are the nominal prices of Foreign 51
Stocks :-Grenada Deferred Bonds, 63 7/ ;Me 12
can, 211 22i ; Peruvian 44 per Cents., 76 8 ; ditlto. '
3 per Cents., 54 56 ; Portuguese per Cents.,
43 5 ; Ruaaian 5 per Cents, ,10683; ditto 41 per
Cents., 95 7; Spanish 3 per en.ts., 411 411 ; ditto 1
Deferred, 23 23i; ditto Certificates, 54 ; ditto 7
Passive, 5f 64.
_
The last week's railway receipts, ascertained up -I
to this day, are in round fig,ures as under :-
Great Western
6,78 1855.
£26 £23,925
/forth-Western *******************
-..
South-Western ************************ 59,878 59,185
Brighton **** *************** - ..... 14,770 13,148
Midland .. . ************************
...
14,768 12,626
Bouth-Eaters .n. ............................. 30,154 28,792
Caledoniau .. ... .... ................ 19,279 17,963
......................... 12.842 11.673
Great Northe.rn. .
Lancashire and -io.r..l;eillx:e. .................... 24,031 23,257
22,245 20,443
Bristol and .Exeter ..
Cheater and llolyhe.a4 ............................ 6,280 5,927
6,072 5,093
East Lanesseibire ..
Lancaster and Carlisle . ................. 6,300 5,744
London Gen. Omnibus Co. ...... ......... 6,036 5,726
Manchester, Sheffield, and L' ny•••
10'338
..___
North London
.......... Lincoln 9,803 9,077
Oxford, Worcester, and 'Wo.lv. ....... 2,268 2,006
Ulster ...... . .................. . 4'355 3,914
Waterford and Limerick ........... 1,532 1,414
1,334
Edinburgh and GlaTow ............. 1,040
Glasgow and South-WesternT.-. g,5328 5.105
Grand Trunk of Canada ............. 5,63581 6,015
4,82.9
The business transactions in Railway Shares this
morning has been by no means extensi
dealers biting still engaged with the arranvee' the
Nof the settlement. With the exception ogf Great
orthern shares prices opened at pa
slight ima-
provernentt, but have subsequently declined
about 4 per cent. all round. Since the
,lrilt of the Bank Parlour meeting became
own Great Northern have receded fully 2 to
3 per cent., the other lines advanced about ss.
to 10s., but subsequently receded to about former
prices. Foreign and Colonial Shares are very in-
active, and' at slightly reduced quotations. Joint-
stock Bank Shares are dull, but prices are firm,
Miseellameous Shares have also declined about
58. for Australian Agricultural and Canada Govern- 6 pea. Cents.

1. RITISH FENDS THIS DAY.—CLOSING PRICES.
CI (From the OffiteaZ List.)
lit'Sgsvr— - - -
rimutn
Stock .... —. . ........................ 21114181r54118.
per Com. Hecht-cod" .............. . . 91# 34 k
8 per Cent. Consols Anngit)es ....
. .......
Rem 3 Der /lent. Annuities : ...
......
CI
i i i
Long Annuities, expire sth .ia-n.., 1.86 ......
91-
'
Ditto 30 Yea.rs, expire sth April, 188.5... —l7 13-16
I, di. Tiondp, gloco
Ditto, under £lOOO .................. .. ........................ ..
. 21 dd 2 p
Consols ;or Account .. Excheoner 1111 R. 'Zia.. ......................... 94 I
21000 ........... .....
a,E.01,
........................... -• ...... ..... 1 dpar 3 d 5 ld
ural .................................... 3 d par
Ditto Bonds, 1858, 3i. per ..... ........... par 1 d 3 p
......... 98
PRICES OF FOREIGN FUNDS Tills DAY.
Brazilian Bonds, 5 per Cent. .........
Chiliau Bonds, 6 per Cent,........... VI 100
Danish Bonds, 3 per Cent., 1825 .................. 841 3 4
kesican 3 per Cent
•.. ....... 21i 2
Ditto Account ......... ....................... 2 ki 2
Bsrdinian rion4s, 5 per Cent. ......... . 90 8Q
SP"l`h Roads, R per ,-ent ... ............ . '
i
h. llitto New Deferred, 3 per Cent....... 234
xtt..kibb i ;ords, 6 per cent . . . ......... 904 A
i
nitto Account
Ditto Guaranteed, i per Cent.
bitto Account
.1.00
DI . tine. 3, ~ „ F,b,,,,,, .Tablc in , ~,, r,,_
89f. 23c. ex 25f. 20e.
!reneh nentes, 4i par Cent.
_
'"lgin, 2/,. par Cont., ex. 25 francs
95i x a
„Ditto 4A per Cent.. ox, 25 francs 441teti Elli ange, 2:!, per Con';,, 12 Guilders
9-6 i 6
Ditto 4 per Cent. Certificates
THREE O'CLOCK.
9:4
Cow. Is (ISfoneyr ...........
Ditto (Account) December 4

20
20
20
33A

7 -
...I)I4INIZEN WIVES.---.E.llrnaster tradesman in Glasgow,
for twenty-
', 1) -ht and • dus+rion4 man, who has '
t prig in_
:4 Years ken trnbied by a drunken Tsfe,
bill,
.." Lord Advocate to introdoce into Parliament asuc,
memorialised
gllthorising the confinement and detention of. such
P'?'/I3ons a 4 his wife, and that although their minds be
;Int so far weakened as to render them, under the presentin
~414/, fit
his for detention in a lunatic asylum.
at
,13'. his lordship stated that he was not prepared
el'etiEnt to take any steps on the iubject.—Scotaictn-
beril°l4l' COLLEGE OF SURGEONS —The following mem-
, 4 of the college, having undergone the necessary
the
college were admitted Licentiates in Midwifery of
6 e°llege at the meeting of the Court of Examiners,
;11 the llth inst. :—Messrs. Charles Gaffney, Bunting-
',l'lci, Itertfordshire; Alexander Bogs, Hon. East India
i l."l"i'Y's Service, Madras ; Thomas Tookineton
,ease
tt., s Altrincham Cheshire ; William Sutton, Hal-
'ad, ES,eY •/I! TT Hon. East India Com-
b/Mir, Qere.•
, —erns Hanson, .
..
% b ' 4*, Madras ras; and William Henry Taylor,
44 UrY, Micicil ' '
eller.

8i
10
20
20

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