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

MONEY MARKE7' AND CITY NEWS.

CITY, Two O'CLOCK.

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 for money,
and 92i and 93 for the account. The
New Threes are flat at 9111 ; the Reduced at
91} 1 ; Bank Stock remains at 2291 X3l ; India
ditto has improved to 221 ; ditto New Loan is
steady at 1031 ; ditto 5 per Cent. Enfaced Paper
at 95k 961 ; but 54 per Cents. has declined to I.oli
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, 54-1 to 55 ; and the 4 per Cents.
remain at 102 ; Buenos Ayres have receded to 94k,
Russian 41 per Cents. to 931, Mexican to 22a I, and
Spanish Deferred to 394 ; Peruvian 3 per Cents.
are marked 73:11.

The Ocean Marine Insurance Shares are 1-1-
prem. ; the Thames and Mersey, e 1 prem. ; and
the Universal, 4- it- 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 20,195 18,133
Midland
South. Eastern
Great Northern 28,243 29,343
Lancashire and Yorkshire
Bristol and Exeter 7,181 7,695
North-Eastern .
Edinburgh and Glasgow.. 6,655 6,411
Grand Trunk of Canada 16,636 14,569
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
£2,266, the Brighton to £2,062, the Midland to
£3,744, the South Eastern to £1,242, the Lanca-
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 declined ss. ; Great
Northern, Great Western, Midland, North-Eastern
(Tork), and South-Eastern, 10s. ; and North-
Eastern (Berwick), 15s. Eastern Counties and
North Westerns advanced ss.
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 4 ; and Great Western of Canada
to 13& to 14. East Indian continued steady at
99.1 ; and Great Indian Peninsula at 96/.
Joint Stock Bank and Miscellaneous Shares have
been at slightly reduced rates. London and
County have receded ss. ; South Australian, ss. ;
and Red Sea Telegraph Company, ss.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities 9l/ i.
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ii 1 i
Ditto for 30 yrs, expire sth April, 1885 l6l
India Stock .. .
Ditto 5 per Cent
Ditto Enlaced Paper, 4 per Cent.
Ditto 5 per Cent.
Ditto 51 per Cent lOl4 21
Ditto Debentures, 1858 96t
Ditto, 1859 .
4
Ditto Bonds £l,OOO .....
Ditto under £l,OOO .
Consols for Account, Nov. 8.
Exchequer Bills, £l,OOO, 10
Ditto Small ............. .... . . . .
..
.
parar
D tto
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent ...........
Ditto 44 per Cent. 1860 ............... 881
Buenos Ayres, 6 per Cent. ..............
Ditto Account
Mexican per Cent 94h
..
Ditto Account
ranrrian 41 per Cent --
Ditto 3 per Cent
Ditto Account
Portuguese 3 per Cent., 1853. •
Ditto Account • •
441 a
Russian 5 per Cent. 1822, £ St lO5
Ditto 4i per Cent.
Ditto 3 per Cent., 1859
Spanish 3 per Cent..
Ditto New Deferred —
Ditto Account
Turkish 6 per Cent 391
Ditto Account
Ditto New Loan
Ditto Account .
•. • . p—e; .......
Ditto Guaranteed, 4
Dividends on the above payable in Iron2dlOln.
THR7
902'1CLOCK,
Consols, Money ....
....................... 92/
Ditto Account
.. ....

TLLE.—Bylville these
THE EARLDOMS OF LETEN
MELe
the recent demise of the Earl of Leven and
two old earldoms (Leven and Melville), united since the
reign of William 111., will now become separate, the for-
mer devolving on the late Earl's eldest daughter, Lady
Elizabeth, wife of Mr. Thom R
as
ight ; and in obert Cartwrigi
the,lantotewr
Countess of Leven in her own r
(Melville), limited to the heirs-male, descending to the
earl's next brother, the Hon. John Leslie Melville, now
eighth Earl of Melville, whose eldest son, Alexander, will
assume the title of Viscount Kirkcaldy, that of Balgonie,
hitherto the title of the heir-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 Dundas.
AN EXPRESS TRAIN ON FIRE.—An alarming
accident occurred on Tuesday to the express train which
loaves Carlisle at 1 o'clock for the south, and which might
have deprived tho Alliance meeting last night of two of its
principal speakers, Mr. Washington Wilkes and the Dean
of Carlisle. Between Carnforth and Lancaster it was dis-
covered by the occupants of the hindermost carriag.e that
the luggage upon the roof had taken fire. There being no
means of communication with the guard or driver, the pas-
seners 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 arresting the attention
of the only parties v(ho 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 fad, who had
been severely injured on the works near Oxenholme, who
!M being COATeyed to the Lancaster Llfireato7.