The Sun.
London, England, 1869-11-01 00:00:00

Do £lOO 13ouds
Do 5 per Cent. 1865
Do Account
Do 6 per Cent., 1865 ' 674 8k
Do 4 per Cent., Guaranteed
Venezuela 3 por Cent.:
Do. Account
Do 6 per Cent., 1862 lB

,
Do 6 per Cent. 1864
Dividends on the above payable in Loudon.
Austrian o per Cent. Ex 10 Florins
Belgian, 4} per cent., Ex. 28f.
Dutch 2f per Cent. Ex. 12 Gun —
Do. 4 por Cent. Certificates ....
French lientes, 3 per Cent., Ex. 25f. —
Italian 5 per Cent. 1861, Ex. 251. —
Do Account 53 i

CLOSING PRICES
Conso!s, Money
Do. Account, Nov 4 93i

BOURSE, Oct. 30.—Th
closed as follows :

ree o'clock—The markct

!} per Cent.
End of month —
3 por Cent
End of month 7l 671
Credit Mobilior 202 50
Transatlantic 250
Credit Fonder 1682
Paris Gas 1572 50
RAILWA'.

Bank Shares 2760
' Its Fan Fives 53 90
Austrian Fives
Ottoman Loan
Do. Debt 43 20
Spanish Throes 26 25
Dome Debt 24
Deferred ......
•s, Cash
931

Orleans ,

Western
Northern -- lO9O
Strabburg • • 59
Lyons and Mediterranean
Southern

Sardinian
Austrian
Lombard 5974
North of Spain
Saragossa
Roman

DEATH OF THE MARQUIS OP WEST-

MINSTER.

The Marquis of Westminster died at Fonthill
Gifford last evening, after a few days' illness. The
late Marquis was the eldest son of Robert, first
Marquis, by Lady Eleanor, daughter of Thomas,
first Earl of Wilton. He was born in 1795, and suc-
ceeded to the title in 1845, having married in 1819
Lady Elizabeth Mary, daughter of the Duke of
Sutherland. lie was educated at Westminster, and
was Lord-Lieutenant and Custos Rutuluruna of
Cheshire, and patron of eleven livings. The family
of the deceased marquis consisted of—first, Hugh
Lupus, Earl Grosvenor, M.P. for Chester (the new
marquis), born 13th Oct., 1825, who married on the
28th April, 1852, Lady Constance Leveson-
Gower, youngest daughter of the Duke of
Southerland ; Lord Richard de Aquila, M.P.
for Flintshire, born 28th January, 1837 ;
Eleanor, who married 25th August, 1842, the Duke
of Northumberland ; Mary Frances, married 25th
August, 1842, to the Earl of Macclesfield ; Eliza-
beth, married 26th Nov., 1846, to Lord Wenlock ;
Caroline Amelia, married 23d August, 1848,
to the present Lord Leigh ; Octavia, married 28 11
December, 1852, to Sir M. R. Shaw Stewart, Bart. ;
Agnes, married Ist July, 1858, to Sir A. Campbell ;
Jane Louisa Octavia, married 2d August, 1855, to
Lord Muncaster ; and Theodcra. By the death of
the noble marquis a vacancy is created in the re-
presentation of Chester.

THE ERIE RAILROAD.

_ ___ —_,s,-.

The Erie Railroad Company met on the 12th inst.
at the Grand Opera House, New York, stock to the
value of some thirty-five to thirty-six millions of dollars
being represented in person or by proxy, being the largest
assemblage of the Erie since the company was organized.
The following, after complimentary resolutions to the late
board, were the persons elected :—Directors for 1869 and
1870 - Jay Gould, James Fisk, jun., Wm. M. Tweed, Fre-
derick A. Lane, Alex. S. Diven, Justin D. White, John
Ganson, Orlo W. Chapman, Horatio N. Otis, Charles G.
Sisren, Abram Gould, Horner Ramsdell, Henry Thompson,
John Hilton, Henry N. Smith, M. EL Simmons, and Geo.
C. Hall. As Jay Gould was re-elected chairman, and
James Fisk, jun., is in the place he before occupied, the
management is substautially the same. The general policy,
especially the efforts of the board to extend the road and
to improve its connections, wore emphatically and unani-
mously approved; after which the company sat down to
a sumptuous collation to eat, drink, and be merry at
the expense of the huugry owners in England and
elsewhere, and to congratulate that admirable band
on a management which had been prefithble, at least
to them we presume. And why should they not be con-
gratulated by the largest and most influential body of the
proprietors on a management which had reduced the value
of the stock, within a very short period, from 70 say to 35;
at present the market price is but 31, and had, without
reducing the funded debt, added new stock to nearly twenty
millions of dollars, while no dividends have been given
even on the Preferred Stock, which before their advent
had been dividend paying. The Erie clique have furnished
the enemies of America with a fine warning to European
investors. "I warn you" is now the usual cry; and its
effect is an incalculable loss to both sides. Money is a
drug in the French and English capitals, while it could
be invested in tho United States at an immense profit
to all concerned. It may be, however, as well to
keep a drag on investors, and the Erie clique have at least
been useful in this direction. They have contracted with
the owners of the Susquehanna line to take over their
road, paying thom 7 per cent. dividends ; but the marvel
is that any company could trust them. Mr. M'Henry
appears to have met the fate of all who have. Prior to
the rupture that gentleman had we understand, "entered
into an agreement for an immediate foreclosure of the
Atlantic and Great Western Railway, and reconstruction
of the company, under the title of the New York and Great
Western Railway, the price of sale being fixed at
$23,000,000, to be divided amongst the present holders in
seven per cent. bonds of the new company in the following
proportions :—First Mortgage Divisional Bonds, sterling,
at 80 per cent. ; ditto, currency, at 70 per cent. ; Second
Mortgage Divisional Bonds, at 70 per cent.; Consolidated
Mortgage Bonds, at 40 per cent. ; and Certificates of De-
bentures, at 40 per cent." By information received after
the above was written it appears that James Fisk, jun.,
succeeded Alexander S. Diven as vice-president, that gen-
tleman while retaining a seat at the board declining re-
election to the post, whereby a really valuable officer has
been rendered comparatively useless to the company. The
classification of the new board is worth the careful consi-
deration of the English stockholders, and we invite their at-
tention to it:—homer Ramsdell, Charles G. Sisson, and
J. D. White, for ono year; John Hilton, M. R. Simons,
and George C. Hall, for two years ; John Ganson, 0. W.
Chapman, and Henry Thompson, for three years ; Alex.
S. Diven, H. N. Smith, Abram Gould, and H. N. Otis, for
four years; Jay Gould, James Fisk, jun., Wm. M. Tweed,
and Fred. A. Lane, for five years. H. N. Otis holds over
as secretary, and the appointment of Mortimer Smith as
assistant-secretary was confirmed. After the new board
was formed it was resolved—" That the president be in-
structed to carry out the policy which the executive have
inaugurated ; that he be directed to proceed at once to
carry into effect the contract with the Lake Shore and
Michigan Southern Railroad for a narrow gauge through-
line for passengers and freight to Chicago and the 'Vest;
and that he be authorised and directed, for the completion,
finishing, and operating the road, to isssue and the secre-
tary be authorised to attach the corporate seal for $5,000,000
bonds, to be called the "Narrow-gauge sinking fund
bonds," secured by the proceeds of the traffic of such
narrow-gauge as is provided for in such contract." We
learn that the creditors of the Atlantic and Great Western
Railway aro, in conjunction with the Erie shareholders,
taking vigorous steps for the protection of their interests.
A legal firm of high standing have been instructed to
carry the matters in dispute before the tribunals of the
United States, both State and Federal, that the question
may be finally settled whether such cliques as this Erie
board can do as they please with a groat property, and
have laws passed to facilitate their projects. The gentle-
men who bring up this issue on behalf of foreign holders
will meet with an earnest encouragement from the citizens
of the United States, who have not only to bear the losses
in credit resulting from the transactions of the "ring,"
but the scandal that such things can be done with impunity
in the Republic. We may also add here that the arrange-
ment with the Albany and Susquehanna Road is as fol-
lows :—" The Erie company is to lease the Susquehanna
Road for a term of 99 years at an anneal rental of 7 per
cent. on the bonded debt of the road and stocks in bonds,
amounting to $6,500,000. The stockholders are to have
a stock dividend of 30 per cent., or $600,000, to represent
the amounts given the company by the State. All pro-
ceedings and suits are to be withdrawn at once, and the
Erie company, with the least possible delay, is to make a
through road to Albany, running express trains to connect
with the regular express trains of the Erie and Eastern
Roads."
Nothing has yet been finally agreed to about the
affairs of Messrs. Lockwood and Co. The firm has,
however, prcpcsed to its creditors to pay 50 cents on the
dollar, of which 10 per cent. is to be paid in 60 days, 15
per cent. in six months, and 25 per cent. in one year. The
other 50 cents they do not expressly engage to pay, but
their friends say they will ultimately pay in full. Several
gentlemen had arrived in New York from Europe, espe-
cially in the Cunard steamer Russia, to look after their inte-
rests or those of the firms to which they belonged in con-
nection with the Lockwood and other failures. Indeed
at the time these gentlemen loft in such a hurry a greater
smash WAS anticipated in Wall-street, the intelligence
sent by cable being the reverse of an encouraging cha-
raoter. In the Russia Mr. Legrand Lockwood, jun., was
a passenger, as was Mr. Paulston ; and other gentlemen
were proceeding in rather an uneasy frame of mind in the
China on the following Saturday. Messrs. Adams, Kim-
ball, and Moore have offered 40 cents; which will of course
be accepted.