The Sun.
London, England, 1868-10-16 00:00:00

12.0'NEY MAREET

AND

COMMERCIAL it 4

CITY, Two o'CLocx.
Although the market price for securities is a
fraction lower than yesterday the business done has
not been extensive, and the transactions that have
taken place must be attributed to directions received
fr3ru abroad. In the discount market the rates
remain steady at 11 to 1-f- per cent., but loans are
obtainable at 1 per cent.
Consols are at 941 to 1 for money, and 941
for
•n the account (Nov. 5) ; the Three per Cents.
Reduced, 931 4 ; and New Three per Cents., 931-
to 4.
Foreign Stocks are firm, at an improvement of 1
in Turkish Five per Cents., and New Spanish
Three
per Cents. are 1 better. Other descriptions
are unchanged. Italian 5 per Cents. are 524'521 ;
Greek 13)m-15,
11. 121 ; Mexican, 161 to 161 ;
Turkish Five per Cents. of 1865, 41 411 ; New
Spaalsh Three per Cents., 331 331 ; Egyptian
Scrip, 3 21- dis ; and Russian (Aoseow Jaroslaw)
Railway Scrip, 44 41 prem.
The Indian Ten and a Half per Cents. are
quoted 214 to 217 ; the Five, 1141 to 115 ; the
Four, 1031 to 101 ; and the Bonds, 20s. to 255.
rent, and the Debentures, 1651 to 106. Bank
Stock, 242 to 241; and Exchequer Bills, 16s. to
~
*VE3*
The Honduras Loan is firm, at 90 91.
The scrip of the new Italian Loan has improved
LO 4 prem.
For railway shares there has been some inquiry.
Treat Northern (Original) has improved per cent.,
Midland 4., and Great Western and Brighton j.
Great Eastern, however, has declined 1. Prices
,are quoted as follows :—Caledoniau, 711 to ;
London
and North-Western, 112/ to 1 ; the
Great Western, 481 to 49 ; Midland, 1121 to k ;
Loudon
and South Western, 871 to 881 ; Great
Pastern, 401 to 40i- ; Brighton, 54 to 52j ;
GEastern, 771 ; Metropolitan, 106 k to if ;
rth at Northern, 108 to 1 ; ditto A, 106 4 to
.1 ;
Lancashire and Yorkshire, 1281 to 4 ; London,
Chatham and Dover, 174 to 18 ; and Manchester
Shefßeld, and Lincolnshire, 471 to 48/.
Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 94a. 951.
Loudon and Westminster Bank Shares, 651 to a ;
1-*lldon and County, 48/ to 491 ; Union, 33/ to
34-1; Anglo-Austrian, 6 to 1 prem ; London and
Brazilian,
30 to 25 ; Imperial Ottoman, 11 to
..
prem. ; and Consolidated, k to 1 prem.
American 5-20's rose 1 per cent., viz., to 724'
to ; Erie Railway Shares, 32 to Ito 43,-; Illinois Cen-
tral, z
out to 961 ; Atlantic and Great Western De-
be aetoros,
371 to 381 ; and the Consolidated Mort-
gage Bonds, 391 to 40+.
The return of paid clearing for the week amounts
to £63,169,000, being £2,725,000 less than last
Week. It does not include the Stock Exchange
settlement, which concluded yesterday.
The sum of £20,000 bar gold was taken to the
-bank yesterday.
The Peninsular and Oriental steamer Ceylon has
brought £4,234.
The mail from Guayaquil has brought a remit-
tance of £738 15s. 3d., at 90 days, on account of
the dividend on the debt of Eucador.
The Mexican dollars by the West India packet
Were sold yesterday at 584'd., being the same price
as that recently current.
The advices from Paris speak very favourably
of the prospects of finance. AU securities were im-
proving. Italian Five per Cents. and the Tobacco
Loan had further advanced.
The arrangements for the long-talked-of advance
to the Turkish Government, it is said, have been
finally concluded. The amount is £5,000,000, and
the security consists of bonds spread over a number
of years.
The Creditors' Committee of the Commercial
Bank Corporation of India and the East have
Issued their report and re-iust a meeting of credi-
tors on Tuesday next. Litigation, they say, can
Qaly result in diminishing the assets, which are not
now sufficient to pay the debts.
Air. A. Creak, the chairman of the Committee
of Shareholders of the Grand Trunk Railway of
Fanada, by whom the policy of the board has lately
been contested, has issued to-day a circular to the
S tOck ,
and bondholders of the company "to con-
demn in the strongest possible manner the unjus-
tifiable attack on Sir Edward Watkin," made by
all active member of that committee.
Grimble and Company's Distillery, which has
Itleleo for some years in Chancery, has lately been
salsubject of a further order, by which its absolute
e
Thee
public auction is directed.
e Russian (Vyksounsky) Iron Works Com-
-414Y announce a further call of £3 per share, pay-
0, 6 011 the 2d November, 10 per cent. will be
uarged for delay.
I,Au interim half-year's dividend, at the rate of
uer
cent' per annum, is announced by the Aus-
tralian. Alortgage Land and Finance Company.
paT the adjourned meeting of the creditors of the
Ataarea, New Zealand, and Australian Royal
then ;''°':°PallY (Limited) the recommendation of
of .Jolllt committee for the granting of a letter
_s.
to the company for 12 months, con-
sat.t°llallY on the Board being reconstructed to the
faction
of the joint committee„waa adopted.
r
Alexican Railway Company have invited
egeescription for £560,000 First Mortgage 8 per
yeanrti. ,Bonds, at 85, redeemable at par by half-
urawin—,
gs extending over a period of 30
tars from the date of issue, and secured by the
revenues of the portion of the line open from
xice to Apixaco, now yielding £45,619, and
he°°f the branch which will soon be completed to
'MPortant city of Puebla. The Board of the
ocrna PluY consists of the loading London merchants
ueeted with Mexican and South American
commerce.
Week return from the Bank of England for the
re,,eukit ended the 14th of October gives the following
:--
Rest. s when compared with the previous week
£3,081,950 ... Decrease £540,769
OthePubl2geposits 3,838,119 Decrease 1,468,505
0,, posits 20,231,481 Increase .. 2,209,035
Geth,-. other side of the account :
vt.ve rument securi-
Otll2 ............. £15,935,874 Increase ... £496,158
',rtes securities 15,822,238 Decrease 23_1,890
ixt, 8 Unemployed 9,567,955 ... Decrease ... 4 e,o6a
b ie amount of notes in circulation is £20,515,915,
be`g a decrease of £131,997 ; and the stock of.
aUllio
11 in both departments is £20,164,200, showing
On
of £543,692 when compared with the
tr,eeedieg return. This reduction is due chiefly to
11;° disbursement of coin for the dividend but the
g,:ecaellts in connection with the approaching
'eal election likewise seem to have some in-
The Bank of France return this week shows a
reduction of £BBO,OOO in the stock of bullion.

IMITIISII PIIIIDS,—TWO O'CLOCK.
. UOVERNMEXT FUNDS.
') Per Cent. Consols
94:
Litt° for Account, Nov. 5
93:
, Per Cent. Reduced
11.? 3 per Cent
_
5,,,W 21 per Cent. Jan. 1891
_
''''''. 5 per Cam. d an. 1873
4114uit les, 80 yrs, expire sth Jan., 1880 73
ij°•r 30 yrs, expire sth April 1885 ll4
, x(,,0 (Be,v Sea Televaph), Aug., 1908 •
1-8
pm
••••, *hociner Bills, £l,OOO, 2 per et
o.
,7
"—*
£5OO
£lOO & £'2oo
)3 (1)11,,,1r°0f England Stock, 4 per Cent
0 .vcs. account
_
17
1 allade per Cent. Bonds
nter-Colonial Onintuin
.di lAN UOVERNMENT SECURITIES.
illdla to Cent., 10i per Cent April 1874
to.o Opening, for Account —
b 1 5 per Cent. July, 1880
O. Corti u 1-4%. Cent.rtificates , .Oct. 1868
00. Enfaceil "apt,. 4 per Cent —
10.0. 5 per Cent., Jan. 1872
Do 5i per Cent.,, Ma 1879 —
4,0 5 per Ct R Y 18-2
Cent., ~ up. Deb. ,
DODo.
do. 1877 —
20 Pm
_ Bonds, 4 per Cent., £l,OOO
Do. tinder .4100
FOIMIGIT rieths-TWO O'CLOCK. Argentine Republic, 6 per Cent
Austrian Bonds 5 per Cent. 1859
Brazilian 6 per Cent _
Po 3.
.
. ii per Cent., 1852
do. uo. do., 1861858.... .
—0