The Sun.
London, England, 1869-09-25 00:00:00

CITY, Two o'CLocK.
A trifling improvement was observable to-day in
the price of British Securities, and Foreign bonds
participated to some extent in the favourable turn.
American shares show symptoms of recovery, but
Telegraph shares are receding.
Consols are now at 921 to 921 for money ;
ditto, for Account, —; Three per Cent. Re
duced, ; New Tkree per Cents, 911 ;
Exchequer Bills £l,OOO, March, 6 prem. ; June,
10 prem. ; ditto £lOO, £2OO, and £5OO, March,
prem. ; June, prem. ; Bank of England
Steel:, 4 per Cent., 240.
India Stock, 101 per Cent., April, 1874, 211! 12 ;
• ditto 5 per Cent., July, 1880, 1141 ; ditto
4 per Cent., Oct., 1888,
In Bank Shares Alliance arc quoted 121 to 13k;
Anglo-Austrian, 12 to 15 prem. ; Chartered Mer-
cantile, 321 to 831 ; Consolidated, 41 to 41 ; Im-
perial Bank, 16 to 17 ; Imperial Ottoman, 2 to
21 pretn. ; London and County, 49 to 50 ; Lon-
don and u Westminster, 57 to 58. Oriental, 421 to
43i; London Joint Stock, 291 to 301 ; and Union
of London, 35 to 36.
In the Foreign Market there is very little busi-
ness, and are as follows :—Argentine, 801 to 81;
Brazilian, 821 to 831 ; Egyptian (1864), 89 to
91 ditto (1868), 75 to 751 ; Viceroy's Seven per
Cent., 791 to 791 ; ditto (Nine per Cent.) 791
0 791 ; Italian, 52 to 521 ; ditto (Tobacco Loan),
14 to 86 ; Peruvian, 781 to 791 ; Portuguese,
331 to 341 ; Orel, 83f- to 841 ; Nicolas, 67 to
67 ; Moscow, 83 to 831 ; Charkof, 791 to 791 ;
SPanish, 271 to 271; and Turkish Five per Cents.,
lot to 44.
In the Railway market quotations are as follows ,
*--Caledonian 821 to 83 ; Great Eastern 361 to 361 ;
Great Northern 1021 to 1031; ditto (A), 1001 to
1,91 Great Western, 531 to 534 ; Lancashire and
4°rkahire, 1231 to 124 ; London and Brighton,
434 to 441 ; London, Chatham, and Dover, 16/ to
:61; London and North Western, 1151 to 116 ;
440nd don South Western, 89 to 91 ; Metropolitan,
88 BB/ ; Midland, 115 f to 1164 ; North-
Eastern (Berwick), 1131 to 114 ; and South
Eastern, 751 to 76.
American Securities have improved. The Five-
-C cventy Bonds, 83 to 831; ditto 1865, 821 to 83 ;
;ditto 1867, 811 to 82 ; Ten-Forties, 74 to 751; Erie
Railroad Shares, 26 to 27 ;Illinois, 93 to 94 ; At-
lantic and Great Western Consolidated Bonds, 27
to 28 ; and the Debentures, 281 to 291.
Anglo-American Telegraph Shares are 201 to
2,,°1 ; Atlantic Telegraph Eight per Cent., 21 to
4i ; French Cable, 151 to 151, and Construction
and Maintenance, 281 to 281-
the sum of £155,000 in gold was withdrawn
from the Bank yesterday, including 139,000 sove-
reigns for America.
The Silver Market is inactive, and quotations
are ,unchanged. Bars remain at ss. Old. to Id.,
and dollars at 4s. lid. per oz.
The artificial nature of the movement in the
fact
on gold at New York is evidenced by the
&act that while the price of gold for immediate deli-
erY is 143, purchases can be made for 60 days
4nce at 135.
Alekars. Nerontsos and Co., of Manchester, thus
describe the state of trade, by telegram :—" Mar-
!et not q
t notably altered ; but rather more disposi-
-1°1434 being evinced to buy at low rates."
The Manchester Examiner states as follows
e regret to have to announce the suspension of
llaigh and Penny, manufacturers, of Moor
1411 I\llll, Preston. The liabilities are said to be
about
£`)0,000."
i The mania for rival ocean telegraph undertak-
(l)3p continues, and a prospectus has now been issued
the Oceanic Telegraph Company (limited), with
capital of £600,000 for a cable from Ireland to
°va Scotia direct. The proposed charge is ls. 6d.
Per word, or half the rate charged by the existing
atnPanie3. Should the subscription be effected
I:other new company may then of course be looked
P to perform the service for 9d.
I
L tis stated in the Birmingham Post that Mr.
alce, the general manager of the European As-
trlllce Society, has telegraphed to the agent of
oe, society in that town, that " the petition iu
--h"alleery is most treacherous and unexpected, and
tat the directors are determined to iesiat to the
utterinoBt.a
mfrbe " Phoenix," mentioned in the list of life
43—ees absorbed by the European, never had any
e3l.4,nexi°ll with the Phoenix Fire-office. The
61"er) ten years ago, obtained an injunction in
aneerY restraining the Phoenix Life from the
Use of its name.
e -"le shares of the Anglo-American Telegraph
beolll•PanY, which have exhibited remarkable firm-
11_8.s for some time past, gave way yesterday,
mutDer the pressure of repeated sales, and fell
ei °gette about £l. In the absence of any as-
-I,gnahle cause, this movement led to much con-
o_ ation. Shortly before 3 o'clock the following
tfn.xechal notification was forwarded to the Stock
I
ange, and immediately posted up there :
ati
Inform •
the
on has been received this morning that
t: cable of 1866 has parted about 70 miles from
186a:Ve Content, Newfoundland. The cable of
tiort: remains in perfect condition. No interrup-
t;o4!9 the traffic has occurred." Great indigna-
th. xpressed at the apparent withholding from
rase't Public of information of so important a cha-
aecCr,' it being evident that speculators well
hilotianited With the company's affairs have been
botIVN to operate, to the loss of many. It does
this
4, undertaking,
e'''eal3e recollection that in the early history of
11
on more than one occasion, the
0,2 of similar casualties was preceded by similar
trsra.tio".
It is for the directors to state how long
t° Intelligence has been in their possession.

131tITI.SII PUNDS—CLOSING PRICES.
a uoVERNMENT FUNDS.
Per Cent• Consols
_
a bitto 10r: Account, Oct. 6.
Per t,
_
New ,-llt. Reduced
91i 1,
I,lo''' e per cent
tjt,.l Per Cent. Jan. 1894
f3o4l,ties, so Trs, expire sth Jan., 1880 —
Do
',")1 30 yrs, expire sth April 885 —
tk kited Qca Telebraph). Aug., 1908
chew....r tills, £l,OOO, 2} p. CA. March
___
133 Do. 3 do. Juno '
titk
o of
£lOO, £2OO & £5OO PM
044,
Ta. oPetnglend Stock, 41-1,, per Cent
o...ning
lilt ''" 4 Per Cent. Bonds
"Colonial Oinnium
India.
i,or (.1
11z 12
ovEIiNMENT Si crui
In 11T874s 2 4
.00 oclt, er Cent, Ap
bo. °kPeuin,for AccOUnt
1141
(-;
A- Per tient. ,
Oct
1880
0 • ' Pet- Cent., Oct. 1888
Axe. Certificates
L'.c.).. I,lofaced Pape, 4 per Cent..... _
o'. 4- Per Cert., Jan. 1872 .O. _
o°, 9 Per Cent. May 1879
'Per Cent., Rup. Deb. 1872
b 0
1877 —
D°do
Do.
1882 _
,)„ r-,, do.
_
1,"6,,,b..,_” 6 per Cent, Aug. 1873
pm
Do "'idi kper Cont., £l,OOO
_
tulder 41,000 ...
drae,attirOREIGN,PTINDS—CLOSING
ri,:1111(.11LS.
lUltri,, Ile Itepubhc, 6 per Cent "a
train
5 per cent —
13rtxiii- lie- 1859 bo. 0 5 Per Cent
be. = Cent 1852 —
I)0• do 1858. ...• —
80. 4° 1861 —
00. do.,
1863 —
1311,
Ao per Cent., 1865
Lie" Account ......... ••
noa A !
bo 2 count..
b por
%lb ,Per Cent. (Deferrtd 3 per Cent.; 53
041,1' ' Per Cent.
,!,' 811 6 per Cent
1)100. 4} per Cent
b,:
_3 per Cent.,
......
buo i Per Cent 1868
C) 10 .„61, Per cent '1867 tatli-"4 6 per Cent.
1),4,:7.; d per Cont., 1825.-- •
.1)„ Lle4 per
7 per Cent —
tptill-ita. per Cent., 1867 —
'iy ii°l. Ike/ Consolidated, 1 per Cent
41.1317 por Cent —
b_. 'etbad issue —
au 4661, Bonds
O. 10 Bonds
•••• 851
o.
1864 D 1)°•
89
D,, 4 Account
90
D 6u() bonds ........... _
1)00...c1ue rends
40;7 per Cent., 1868 ..
741:51
Grsitu,l,llent Railway Debentures 7
bo. ' Per Cont., 1824 5, ex Coups. -
ao. Account .
. °°uPontl