The Sun.
London, England, 1868-11-24 00:00:00

4161%./.

NOINEY AIARICET

AND
COMMERCIAL YNTELLIGENOR,

CITY, Two o'CLocK.

Business to-day was a shade better, Consols im-
proved it and in Foreign Securities ; Egyptain of
1865 have advanced per cent. ; ditto of 1868, 4 ;
Chilian of 1867, 1 ; Peruvian of 1865 and Spanish
of 1867, ; and Turkish of 1865, 1-16. The Mos-
cow-Jaroslaw Railway Loan, however, has declined
•
In the railway shares we have to note an ad-
vance of in Metropolitan and South Easterns.
In the Foreign Market £the quotation are as
follows :—Brazilian of 1865, 771 to 784 ; Chilian of
1867, 93 to 97 ; Egyptian of 1864, 82 to II;
ditto of 1868, 744 to ; Italian of 1861, 55i
to a ; ditto of 1868, 3 to 4 prem. ; Mexican, 154
to s; Peruvian of 1865, 811 to s ; Russian of
1866, 894 to 90 ; ditto Nicolai 654 to ; ditto
Orel, 801 to ; ditto Mascow Jaroslaw 814 to
82 ; Spanish of 1867, 344 to 348 ; Turkish of 1858,
67 to 68 ; ditto of. 1862, 67 to 68 ; ditto of 1865,
CI to 1.
Consols are 944 a for money; ditto, for Ac-
count, 918 4 ; Three per Cents. Reduced, 924 4 ;
New Tkree per Cents, 924 8 ; Annuities, Jan.
1880, 12 5-16.
India Stock, 5 per Cent., July, 1880, 116 164
164 ; ditto, Enfaced Paper, 4 per Cent., July, 1880,
911 ; ditto, 5 per Cent., Jan., 1872, 1054 ; ditto,
55 per Cent., May, 1879, 1101 ; ditto, Bonds
£l,OOO, 11 prem.
In Railway Shares London and North-Western
are 1121 to 113 ; Great Western, 491 to 1 ; Mid-
land, 112 to 4 ; London and South-Western, 874 to
885 ; Great Eastern, 424 4 ; Brighton, 484 4 ;
South-Eastern, 794 80 ; Metropolitan, 106 to 4 ;
Great Northern, 1051 to 6 ; ditto A, 105 to 1 ;
Caledonian, 75 to 4 ; London, Chatham, and Dover,
17 to I ; Lancashire and Yorkshire, 1284 to ;'; and
Manchester add Sheffield, 471 to 48.
Some of the Foreign Securities are in request at
an improvement.

In Bank Shares yesterday's prices are maintained.
City is marked 111 to 121; Loudon and County
501 to 511; London Joint Stock, 341 to 1 ; Lon-
don and Westminster, 661 to 671; Union of Lon-
don, 361 to 1 ; Anglo-Austrian, 7 to 71 prem. ; and
Imperial Ottoman, 11 to 11 prem.
In miscellaneous shares Anglo-American are now
221 to 221 ; National Discount, 111 to 121 ;
General Credit, 1 to 11 dis. ; International, 11 to
11 dis. ; Hudson's Bay, 141 to 141 ; Telegraph
Construction, 151 to 151 ; Atlantic Telegraph
Eight per Cent. Preferential, 31 to 4.
The mail steamer Hipparchus, from Liverpool,
has taken £21,000 for Brazil and the River Plate
The steamer La Plata, at Liverpool, brought £2,000
with later dates from Bahia, when there was no
alteration in produce or exchange.
Letters from St. Petersburg allege that the
bonds of another Russian railway will probably
soon be offered in London and Berlin. The
amount is equal to £1,716,000 sterling, with an
absolute guarantee of the Russian Government of
5 per cent., and of 1-10th per cent. for a sinking
fund.

The following is from the Hon. Secretary of the
Defence Association of the Cavour Canal Septen-
nial Bondholders The Committee of the Stock
Exchange acceded tithe application of the Defence
Associal of the Cavour Canal Septennial Bond-
holders for a postponement of the quotation of the
Tobacco Loan. This significant act on the part of
the Committee was adopted to give weight to their
negotiations with the Government for a satisfactory
adjustment of their claims upon it. To those
claims, as the bondholders are this day apprized by
telegraph, the Government has actually assented.
The decision of the Stock Exchange has therefore
had its effect."
The following telegram has been received from
Gen. Abbott, the agent of the Delhi Railway, to
the chairman :

" Umballa, Nov. 17.

" Viceroy formally opened line Meerut to Una-
balla on 14th with great éclat. Agent escorted
Viceroy from Uinballa to Ghazceahud on 16th. All
Is' ell."

It appears that an application made to the Chief
Clerk of the Master of the Rolls, by, the official
liquidators of the late Birmingham Banking Com-
pany, for leave to pay the final divirlpnti of 2q. in
the pound, was granted. The amount realised
from the last £lO call was £249,000, and, after
payment of the dividend and the collection of the
remaining assets, it is estimated that a conside-
rable amount will be returned to the contributo-
ries.

Plans have been submitted to the City Corpora-
tion for connecting Billingsgate Market with the
existing and projected railways around London.
The proposals include an extension of the Metro-
politan District Bailway, along the foreshore of the
river to Billingsgate, and from thence to Tower-
hill to join the Metropolitan (Eastern Extension).
A. road along the new line of embankment from
Adelaide-place to Billingsgate, and a continua-
tion of the low level sewer by the same route,
instead of inland, as now proposed, form part of
the plan ; and it is intended to apply to Parlia-
elent next session, the usual deposits being made
this month.
Yesterday Sir Charles Jackson and Major
At'Leod Inues, the Commissioners appointed by the
Government to inquire into the causes which led to
the gigantic failure of the Bank of Bombay, re-
sumed the inquiry at the India Office, Downing.
street. The first witness called was a Mr. Fleming,
'who gave evidence as to a loan from the bank.
Arr. Donald Robertson had held several appoint-
ments at the Bank of Bombay, being deputy secre-
tary and officiating secretary. It appeared that
loans had been made on the security of one name.
The result of the inquiry, which will last some days
longer,when concluded will be reported to the Go-
vernment.

The statement that the costs of the liquidation of
the Bombay and Mediterranean Bank have
arnouni ed to £10,400 is not correct. This sum
(the total disbursement by the liquidators) includes
£2,786 remuneration and compensation to lat.;
officers of the bank in lieu of notice, &c , besides
solicitors' lien, rates, taxes, interest on mortgage of
Clement's-lane premises, and many other sums
which cannot be designated as costs of the liquida-
tion.

The New York Evening Post of the 9th instant
denounce in unequivocal terms the managers of
the Erie Railway Company, and states that their
conduct " appears clearly to constitute a conspiracy
to defraud." It compares their proceedings with
those of certain previous operators by whom large
undertakings have been ruined, and suggests an
appeal to the criminal courts, while apart from any
Points that could technically be established, it calls
11130 n the public opinion for some adequate mani-
festation on the subject. tAccording to the latest
advises, the share capital, which stood at
$17,000,000 at the end of 1867, has been in-
ereased by surreptitious issues to $60,000,000, and
there
seems to be no power on the part of the
rowed investors to obtain information, or to inter-
:)(lse any real check to the process. Report alleges
that none of these issues were for any requirements
of the line, but that the whole were made simply
to beat down prices in the face of other :spaculators,
''ho were buying for a rise, and also to obtain con-
trol
of the property.