The Sun.
London, England, 1860-10-18 00:00:00

MONBY MARKET AND CITY NEWS.

CITY, Two o'CLocR.

Small quantities of gold are still received from
the United States, notwithstanding the recent de-
cline in the exchange, the Edinburgh having just
arrived with £3,400.
The committee of Spanish American Bondholders
have convened a meeting of the holders of Central
American Bonds, for the purpose of laying before
them certain propositions, from the Government of
San Salvador, for the arrangement of that portion
of the foreign debt.
A dividend at the rate of 15 per cent. per annum
was declared by the commercial Banking Company
of Sydney, on the 24th of July last.
At a meeting of the Queen Insurance Company
at Liverpool yesterday, a dividend of 5 per cent.
per annum was declared.
The creditors of Messrs. H. Brooks and Co.,
manufacturers of pianoforte actions, at a meeting
yesterday, agreed to accept the proposed compo-
sition of 15s. in the pound, payable by instalments
extending over a period of two years.
A meeting took place yesterday of the New
Grenadian Bondholders to receive a proposition
from the Grenadian Government for the settlement
of the foreign debt. After some discussion the
terms were declared to be inadmissible, and a com-
mittee of six creditors was appointed to confer with
that of the Spanish American Bondholders, for the
purpose of deciding upon what modified terms
would be acceptable, and to conclude with Senor
Martin an agreement founded thereon.
There was a meeting to-day of the share holders
of the London Joint-Stock Bank, when Mr. G. Pol-
lard was elected a director, owing to the death of
Mr. W. Ormsby.
Business in the Liverpool Cotton Market yester-
day continued very inactive, and prices of all de-
scriptions improved Id. per lb. The sales amounted
to 15,000 bales.
The Bank of England directors have held their
weekly meeting, and have not found it necessary
to raise the rate of discount. Although the sub-
ject has been actively discussed within the last few
days, it was considered very doubtful whether an
alteration would be made, and the result has con-
sequently created very little surprise, even in
Stock Exchange circles, where some speculative
dealings had been based upon the possibility of an
immediate advance in the minimum quotation:
The market for Public Securities presented a
dull and rather heavy appearance during the early
part of the day, and very little alteration has since
occurred, although a better feeling has been
created since the adjournment of the Bank
meeting. Consols are steady at 921 y for money,
and 9211 and 93 for the account. The
New Threes are flat at 9111 ; the Reduced at
911 ; Bank Stock remains at 2291 231; India
ditto has improved to 221; ditto New Loan is
steady at 1031 ; ditto 5 per Cent. Enfaced Paper
at 951 961; but 51 per Cents. has declined to 1011
2k; Exchequer Bills are par to 3s. prem.
A moderate amount of business has been trans-
acted in the Foreign Market, and prices show a
downward tendency. Turkish 6 per Cents. are 691
to 70; ditto New, 541 to 55 ; and the 4 per Cents.
remain at 102 ; Buenos Ayres have receded to 941,
Russian 42 per Cents. to 931, Mexican to 22 1, and
Spanish Deferred to 391; Peruvian 3 per Cents.
are marked 731.
The Ocean Marine Insurance Shares are 11 21
prem. ; the Thames and Mersey, I 1 prem. ; and
the Universal, ;1-, 1 prem.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1860. 1859.
Great Western
North-Western
South-Western
Brighton
Midland
South- Eastern .. 25,415 24,173
Great Northern
Lancashire and Yorkshire
Bristol and Exeter 7,181 7,695
North .Eastern
Edinburgh and Glasgow . 6,655 6,411
Grand Trunk of Canada
Great Western of Canada
The returns, with one exception, viz., that of the
Great Northern, show a satisfactory increase on
those of the same period in the previous year. On
the Great Western the increase amounts to £431,
the North Western to £223, the South Western to
.....£212664 psighton
,t9„A,96.3,,t1n,
Midland to
shire and Yorkshire to £4,013, the North Eastern
to £247, the Edinburgh and Glasgow to £244, the
Grand Trunk of Canada to £2,067, and the Great
Western of Canada to £2,663 ; on the Great
Northern there is a decrease of £l,lOO.
The dealings in the Railway Share Market have
been on a moderate scale, and in some instances a
slight reaction has taken place in prices, owing to
sales. Caledonians have dbclined ss. ; Great
Northern, Great Western, Midland, North-Eastern
(York), and South-Eastern, 10s. ; and North-
Eastern (Berwick), 15s. Eastern Counties and
North Westerns advanced 50.
In the Foreign and Colonial Markets less firm-
ness was also apparent. Lombardo-Venetian and
South Austrian declined to 111; Grand Trunk of
Canada to 271 1 ; and Great Western of Canada
to 13'4 to 14. East Indian continued steady at
991- I; and Great Indian Peninsula at 961.
Joint Stock Bank and Miscellaneous Shares have
- been at slightly reduced rates. London and
County have receded 55.; South Australian, So. ;
and Red Sea Telegraph Company, 55.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities -
924
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885.. 161
India Stock. .........• 221
Ditto 5 per Cent lO3 i
Ditto Enlaced Paper, 4 per Cent.
`Ditto lOl
`Ditto 5 per Cent 961 5/
Ditto 51 per Cent ............./ 2
Ditto Debentures, 1858
Ditto, 1859 : •..........
Ditto Bonds £l,OOO
Ditto under £l,OOO .
Consols for Account. Nov. 8. ........... 02i
Exchequer Bills, £l,OOO, 11d .......... 3 pm par
D tto £SOO
Ditto Small ........................ 3 Pm Par
FOREIGN FUNDS—ONE O'CLOCK.
Buenos Ayres, 6 per Cent _
Ditto Account
Peruvian D i Ditto Account n
pert ...... 94
...... 22 i
Mexican per Cent . .
Cent
Russian Di t
Ditto Ditto
Account
p ear r Cent Cent.
1 t
.
731
1822. £ St
Ditto 41 per Cent.
931
Spanish 3 per Cent..
Ditto New Deferred
Ditto Account
Turkish 6 per Cent 'in
Ditto New Loan
Ditto Account .......
ill
69/
5 4
Ditto Guaranteed, 4 per—
Dividends on the above payable in Lonldon
Cent..
Consols, Money.., TWO O'CLOCK.
Ditto Acc0unt.............
92± 93

DIE EARLDOMS OF LEVEN AND MELVILLE.—By
and Melville these
the recent demise of the Earl of Leven
e) united since the
two old earldoms (Leven and Melvile
separate, the for-
ghter, Lady
reign of William 111., will now become
and Cartwright, now
for-
mer devolving, on the late Earl's eldest
Elizabeth, wife of Mr. Thomas Robert
Countess of Leven in her own right •
Alexander,' now
the latter
(Melville), limited to the heirs-male, descemndeilnzleto the
earl's next brother, the Hon. John Leslie
eighth Earl of Melville, whose eldest son,
assume the title of Viscount Kirkcaldy, that of Balonie
hitherto the title of the hSr-apparent, accompanying
the
earldom of Leven. By this separation of the two peerages
there will now be in the peerage two Lords Melville—the
earl of the family of Melville, and the more recent vis-
county in the family of pandas.
AN EXPRESS TRAIN ON FIRE.—An alarming
accident occurred on Tuesday to the express train which
leaves Carlisle at 1 o'clock for the south, and which might
have deprived the Alliance meeting l night of two of its
principal speakers, Mr. Nirashington Wilkes and the Dean
of Carlisle. Between Carnforth and Lancaster it was dis-
covered by the occupants of the hindermost carriage that
the luggage upon the roof had taken fire. There being n
as-
o
means of communication with the guard or driver, the p
sengers shouted as loudly as they could, and waved their
hats in the anxious hope of attracting. attention. They
succeeded, with the aid of the smoke and fire, which rapidly
made themselves seen and felt, in passing on the alarm
from carriage to carriage, but not in arrestinc, the attention
of the only parties who could interfere to stop the train.
Most fortunately at this time the train was rapidly ap-
proaching Lancaster, as the flames were travelling along
the roof, and the moment the station was reached the burn-
ing luggage was thrown off. The packages were found to
consist of light goods, the property of some ladies in the
carriage, and to have ignited by a spark from the engine.
The accident was the more alarming and painful to some of
the passengers, because in the next carriage to that on
Which the luggage was on fire was a poor lad, who had
been severely injured on the works near Oxenholme, `the
Was being eonyeyecl t 9 tllo 1444cafitcr ;Orrafiz7.