The Sun.
London, England, 1868-11-07 00:00:00

NCn

AND
lONMEROIAL INTELLiIIEgiA

CITY, Two o'CLocK.

Consols improved a trifle to-day, and for a Satur-
day business was rather active, the cause being an
unexpected rise in the Bank rate at the beginning
of the ensuing week. Foreign Stocks have parti-
cipated in the slight improvement, but railway
and bank shares remain as previously quoted.
The discount market is quiet, but firm, at 1i
to 2 per cent. The Stock Exchange quotation for
loans is 1 to lfr per cent.
Consols are 94 for money ; ditto, for acconnt,
94+ ; Three per Cents. Reduced, 921 4 ; and the
New Three per Cents, 92i 4. Annuities, April,
1885, 12 3-16 ; Exchequer Bills £l,OOO, 2 per
Cent., 15 preru.
_ _

Italian of 1861 and Spanish of 1867 have im-
proved 1-16 to j per cent., viz., to 5411 to -3- and 33i
to 34, but other descriptions are unchanged. Brali-
lian of 1865, 78 to k ; Chilian of 1867, 941 to 95 ;
Egyptian of 1864, 81k to 82 ; ditto of 1868, 73 to
; Mexican, 158 to 16k ; Peruvian of 1865, 81i
to 82 ; Russian of 1866, 90 to 91; ditto Nicolai
Railway Loan, 65k to 4, ex. div. ; ditto Orel, 81 to
; ditto Moscow-Jaroslaw, 82+ to 1 ; Turkish of
1858, 69 to k ; ditto of 1862, 68j to 69k; and ditto
of 1865, 418 to 4.

The Italian Tobacco Loan is 1i to 2i prem.
The letter of allotment of the Charkof-Azof
Railway Loan were delivered this morning, and
the scrip has risen per cent., viz., to 11 to 11
prem.

India Stock, 101 per Cent., April, 1874, 216 ;
ditto, 5 per Cent., July, 1880, 115 ; ditto, En-
faced Paper, 51 per Cent., May, 1870, 111 100;
ditto, Bonds, 4 per Cent., £l,OOO, 19 ; ditto 4 per
Cent., under £l,OOO, 15 19 prem.
In the Railway Market prices remain unal-
tered. The prices are and North
Western, 1111 to 1; Great Western, 491 to f ;
Midland, 1111 to 1 ; London and South
Western, 87-1 to 881 ; Great Eastern, 424 to
43 ; Brighton, 50 to 1 ; South Eastern, 774
to 78 ; Metropolitan, 106 to 4 ; Great Northern,
105 to 1 ; ditto A, 104 to 1 ; Caledonian, 731 to
ex div. ; Lancashire and Yorkshire, 127; to 1281 ;
London, Chrtham, and Dover, 161 to 4 ; and
Manchester, Sheffield, and Lincolnshire, 471 to
Banking and Miscellaneous Shares unaltered.

The ship Nueva Pastora, from Havana, on which
50 guineas premium have been paid, has arrived
safe at St. Michael's.

The steamer Galileo, at Lisbon yesterday for
Lirerpool, brings later dates from Brazil, but no
Important commercial news. She has £lB,OOO
specie.

The Secretary for India in Council has given
notice that the amount for which tenders for bills
of exchange on Calcutta and Madras will be re-
ceived at the Bank of England on Wednesday, the
18th instant, will be 20,00,000 rupees.
It has been determined by those creditors of the
Panama, New Zealand, and Australian Royal Mail
Company, who commenced proceedings is Chan-
cery for winding up the company, to withdraw the
petition.

The contractors of the Honduras lateroceanic
Railway, Messrs. Waring Brothers, have made ar-
rangements for the shipment of all the plant required
for the first section of the railway.
The Crown Agents for the Colonies have notified
their intention to redeem on the 15th instant, on
which day they will mature, the Ceylon Govern-
ment Six per Cent. Debentures, created under Ord-
nance 10 of 1860.

Telegraphic advices from Melbourne state the
Legislature has passed the bill authorising a loan
of £2,100,000 for the proposed railway to the
Tipper Murray district. It is probable that sub-
scriptions for this amount will shortly be invited
here.

The new company for the International Simplin
line to Italy is about to issue a new loan for
£1,200,000, through the medium of 131,16 G obli-
gations at the price of 240 f. The interest payable
will be equal to about 6 per cent. An agent is
now in Loudon empowered to carry out the ope-
ration.

The Peruvian journals last received contain some
particulars of the intended loan for railway pur-
poses. It appears that the amount authorised is
50,000,000 dols (about tea millions sterling), and
that the security proposed is of the nature of a
second mortgage on the Guano Islands.
The history of a concern called the Washoe
United Consolidated Gold and Silver Mining Coin -
Pally (Limited) has just been furnished in a circular
from its liquidators to the creditors. The company
was started with a proposed capital of £lOO,OOO in
shares of £5 each, which have been paid in full, and
therefore offer no further resource for the creditors,
Whose claims still amount to 21,000, and who have
nothing to look to but the asset 3. These assets
consist of £3O worth of furniture in this country
and £5,000 in paid-up shares of an undertaking
called the Nevada Land and Mining Company.
A portion of the debts consist of loan notes issued
at the rate of 33 per cent. per annum interest,
Which must be paid before any other claim, and
the general creditors are, therefore, informed that
they must not look for a dividend of any kind.
As to the way in which the capital of £lOO,OOO
was squandered nothing probably will ever be
striown.

A new pigment found in New Jersey is stated
to have been brought into use in America which is
ikely to have an important influence on the white
lead trade. It is not only suitable as a paint for
ironwork of all kinds, but is specially adapted for
the coating of ships' bottoms, as the particles of
copper in the combination are fatal to animal life.

The failure of Mr. F. W. Hancock, trading under
the firm of F. H. Hancock and Co., underwriters
and insurance brokers, has been announced, but the
liabilities are not expected to be large.

BRITISH FUNDS—CLOSING PRICES.
. GOVERNMENT FUNDS.
8 per Cent. Consols
Ditto for Account,:Dec. 1
3 per Cent. Reduced 92i I
liew 3 per Cent
New 21 per Cent. Jan. 1894
Do. for 30 yrs, exp're sth April 1885 —
Do (Red Sea Teleh,raph), Aug., 1908 —
Exchequer Bills, .£l,OOO, 2 per lit l5
Do. £5OO
Do. £lOO & £2OO —
Bilik of England Stock, 4 per Cent

Do. account
Canada 4 per Cent. Bonds —
Inter-Colonial Omnuun —

INDIAN GOVERNMENT SECURITIES.
India stock 101 per Cent., April 1874 216
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do.l per Cent., Oct. 1888
Do. Certificates
Do. Enfaced 1-'apei 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do- 5i per Cent., May 1879 lll 101
D.) 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —
Do. do. 1882
Du. Deb., 5 per Cent., Aug. 1873 ~ —
Do. Bonds, 4 per Cent., £l,000
Do. under £l,OOO :l5 19 pm
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
S I,aid
_
•Q•Uitriancrip Bonds3o 5p per Cent. 1859 —
_
Br • • Do' 1859
_ a.ahan 5 per Cent
,_,!3°. ti per Cent., 1852 —
`,',°• do. 1858....
',(3. do., 1860 —
"°. do 1863 —
DeD • I
O• 0 per Cent., 1865
B Account 7B
'eftos Ayres 6 per Cent.
e 2 per Cent. (Deferred 3 per Cent )
011391 -6 Per Cent.
&b an 6 per Cent —
Do. 4 i per Cent —
Ljo. 6 per Cent , B —
0•, 1867
DO., 7 per Cent., 1866
.;', t inbi 6 per Cent.
I", nisi?, 3 per Cent. 1825
•uanutuan Principalities, 7 per Cent —
D 0 8 per Cent., 1867 .1J•• • ... ..".
Cosuador New Consolidated, 1 per Can;.
Egyptian, 7 per Cent —
Do 6ecOild ISSUe
Do. .C5(10 Bonds —
De. 4100 Bonds
—...
Do. 1..,ii4
Do. Account
Do. £sut, Bonds —
Do. £lOO Bonds B3l
English Scrip, 1868
Do do. £45 0 _ dig
',Government itailWay Debentures —