The Sun.
London, England, 1868-09-23 00:00:00

31.0N,Ei MAItIiET

AND

COMMERCIAL INTELLICANCR,

CITY, Two o'CLOOg.
The Spanish insurrection has had the very impo
tart effect of withdrawing mischievous attention from
France and Prussia. Relieved from the incubus which
has so long weighed upon them, the markets for public
securities both here and on the Continent have con-
siderably advanced since yesterday morning. In some
quarters the animation which has set in is looked
upon as an improvement arising very largely
from the reduced stocks on offer, and not from
a change in speculative tactics. The real fact is
probably mid-way. This morning the funds are firmer,
and foreign stocks are a little higher, especially
Turkish and Italian. A further advance has taken
Place in American securities. Among railways South-
Eastern and Great Eastern are again firmer. United
Alexican mining shares are in request.
The rate for money is quite nominal, and business
13 most advantageously conducted by negotiation.
Corn is firmer, at Monday's advance.
The ship E. P. Bouverie has arrived from Otago
with 8,566 ounces New Zealand gold, valued at
£31,264.
Consols, which closed last night after official
hours at a further advance of 4, opened this morning
Without change but firm, and are now quoted at 944
to 94,1 for money and account ; New and Reduced
Three per Cents., 924 to 93 ' • India Five per Cents.
M.eady, at 114 a to 1144- ; Exchequer Bills, 16s to
9.08 prem.
A moderate business is beino• doe in Foreign
?tacks at rather higher rates. Tare snap advance of
in Turkish, at 38a to 384 ; and in Viceroy's
Seven per Cent., at 731 to 74} ; and of in Italian,
at 51A to 51i ; ew Spanish lire flat at 324 to 32f ;
Mexican are quoted 14g to 144 ; Greek,-125 to 13 ;
Danubian, 80 to 81 ; Brazilian, 755 to 76 ; Peruvian,
78f to 781 ; Egyptian (1864), 86 to 87 ; and Hon-
ures, 875 to 885.
American Securities are firm. United States 5-20
ponds show a further improvement of , being dealt
'32 a at 73 to 73,E ; Erie Shares 4 better, at 315 to
; Illinois, 91 to 92.
Atlantic and Great Western Railway Debentures
are 371 to 38f ; and the Consolidated Mortgage Bonds,
38i to 38g.
As compared with the unofficial close of last evening
there is a fall of f in Lancashire and Yorkshire Rail-
way shares at 1281 to 1281, in Midland at 111/ to
1,121, and in Great Northern at 1075 to 1085 ; and
Eastern
in Great Northern (A) at 109 to 1095. South
x;astern are better at 781 to 785, and there is an
advance of I in Great Eastern at 391 to 40i, and of
in Metropolitan at 107 to 1075, and in Great
vestern at 494 to 50. London and North Western
are 1121 to 114 ; Brighton, 515 to 52 ; Sheffield,
461- to 461; Caledonian, 69 to 695, and Chatham,
17i to 18.
Foreign railways are without particular feature.
Lonabardo-Venetian is steady, at 164 to 16i ; Great
Luxemburg, 11 to 114.
Dank Shares are rather dull, and the only change in
Prices is a decline of 4 in London and County, which
18 quoted at 49 to 50 ; London and 'Westminster
tidY, at 654 to 665 ; ditto new, 52/ to 53f ;
Ontal, 445 to 45;4 ; London Joint Stock, 31 to
32; Union of London, 345 to 355 ; Imperial Otto-
to tedto 4 prem.; Imperial 165 to 175 ; Consoli-
, 4gChartered Mercantile, 29 to 30
nglo-Austrian, 6to 7 prem. ; Alliance, 125 to 115
uls. • and Agra (A), 114 to 125.
In Miscellaneous securities, Anglo-American Tele-
graph, and Atlantic Telegraph Eight per Cent., are
each S lower, being quoted at 214 to 21i ex. div.,
and 4to 4k respectively. Hudson's Bay unaltered,
at 141 to 15 ; Fore-street Warehouse, par to Is prem.
tcndon General Omnibus, 1i to 14.
Foreign Mining Shares are extremely quiet. St.
`ll,c,hd del Rey is inquired for at 181 to 194 ; Port
'&4.l;iiii), 11 to 14 ; United Mexican, 2 to 21- ; Chen-
tales, 24 to 2a.
The introduction of the Italian Tobacco Loan,
which was expected this week, or at the furthest,
l'll the course of the first week in October, appears
e have been indefinitely postponed. The cause
or the delay has not transpired either in London
?! Paris. But it is quite understood. There is a
each. The statutes have not yet passed the
Council of State ; and it is understood that the
Council require the contractors to abandon the 10
Per cent. premium upon their contract with the
fGovernment ; but that the contractors do not see
~their way to surrender so much profit. Bankers and
ananciers do not usually engage in loan transactions
‘vithout some certainty of profit ; but the Council of -
State may probably hold that their profit in this -
ease will be more rightly obtained out of the tobacco
luonopoly than out of the loan. This, however,
appears to be the point in dispute, or the point which
18 unsettled.
Annexed is an extract from Weston T. Tuxfore.
and Co.'s Wine Circular for 1868 :—" The vintage of
',868, which commenced before the 10th inst. in some
Places, is already progressing favourably ; and those
growers who have been looking forward to an abun-
fdant harvest are having their expectations more than
fulfilled. It is true that some vineyards have suffered
:I°lll hailstorms, and at one time it was thought that
tromp
etgrape had been injured by the extreme heat, but
generally the crops are reported above an average ; and
w
propitious weather for securing the same, the
duality of this year's wine must be superior to that of
41any former years."
The large sum of £175,000 in gold was sent to the
Bank yesterday.
~The ordinary general meeting of the shareholders of
:p National Bank of India was held yesterday, when
he directors' report, which recommended a dividend
thOr the half year at the rate of 6 per cent. per annum,
q4cl a bonus of 1 per cent., was adopted.
The death is announced of Mr. Sheffield Neave,
°lle of the senior directors of the Bank of England.
Mills,r. Mills the senior partner in the house of Glyn,
b 1 Currie, and Co, has resigned his seat in •the
tincil of India after a service of forty-six years. A
aronetcy is to be given him.
a The Brighton Railway traffic return shows this week
tll increase of £461 over the corresponding week of
Z3t year ; the Metropolitan an increase of £7ll ; and
ue South Eastern an increase of £2,428.
<, The following is Mr. Sam Mendell's circular :
fr Few sales are reported to-day in either yarns or
ii°1(1(18, and these only at rates under those current on
(1 c, 15th inst. The general tone of the market is
,11.11) with somewhat more pressure to sell, and the
ac refused a few days since would be readily
„ecepted now, but no marked reduction is submitted
tT, although there is more irregularity in values
gall for some time past, especially in ordinary
(111alities.'1

BRITISH FUNDS—CLOSING PRICES.
CiOVERNMENT FUNDS.
4er Cent. Consols
1 iiitto for Account, Oct. 6 -
New Cent. Reduced 93 21
xi.'"ew 3 per Cent
"(3,17 21- per Cent. Jan. 1894
1 Da. 6 per Cent,. Jan. 1873
'.tluities, SO yrs, expire sth Jan., 1880 —
P,O. for 30 yrs, expire sth April 1885 l2l
E uc. (Red Sea Televapla), Aug., 1908 — ad
xehoquer Bills, 41,000, 2 per Ct — pm 1)0,
DO'
£SOO
£lOO Sz £2OO l5 19
bank of England Stock, 4 per Cent
DO . opening
ellllada 4 per Cent. Bonds —
ter-Colonial Cranium
.1„,,. INDIAN GOVERNMENT SECURITIES
'`4lt) stock, 10f per Cent., April 1874 ...
DO.„ Opening, for Account —
,„"o. 5 per Cent. July, 1880
ut,o. 4 per Cent., Oct. 1888
,"0. Certificates —
~k'o. EllfaCed Pap.. 4 per Cent 921
'''r,°. 5 per Cent., Jan. 1872
D°-' 51- per Cent., May 1879
'4 5 per Cent., Rup. Deb. 1872 —.
Do. do. 1877 —
irs Do. do. 1882
'LiC. Deb 5 per Cent., Aug. 1873
~ --
:-',O. Bonds, 4 per Cent., £l,OOO
"0. Bond ,£
20 pm
FOREIGN FUNDS—CLOSING PRICES.
guntine Republic, 6 per Cent
i,rian Bonds 5 per Cent, 1859 -
`'rizilian 5 per Cent
DO.
41 per Cent., 1852 —
LO "0. do. 1858....• —
h. do., 1860
'° do 1863 —
UO. 5 per 'bent, 1865 —
ti3O Account 76 1
3ncs Ayros 6 per Cent.
0,0,0 2 per Cent. (Deferred 3 per Cent )
O
""41, 6per Cent.
11:11"to 6 per Cent —
o°. 41 per Cent —
DDo
°. 6 per Cent., B —
°., ~ 1867
~ 7 per Cent., 1866
0 ), °., Scrip
.£32 paid
D
' 41i81 nbian, 6 per Cent.
B
T, 1 per Cent., 1825
übian Principalities, 7 per Cent —
1.:„46.0r Ne 8 Perw
Co Cent., 1867 —
t,;4nsolidated, 1 per Cent —
ont
I)"nan, 7 per Cent —
I, Second Issue
D°.
-' £5OO Bonds
°• #lOO Bonds B2i
Do, 1864 —
D 11'0. Account
ho• £SOC Bonds B7
-'l3. £lOO Bonds ..... 881
4glish Scrip, 1868 ID°
Go do. £l5 pd — dis
Greekvernment Railway Debentures .... 951
b 5 per Cent., 1824.5, ex Coups —
lj. Account
Do°. Account
G • ,eCOUnt
I.,,tttri,__,
• •• lutoto mtua 5 per Cent .
It bii'llrits Goy. Buil. Loan , 10p. Ct., £25 p
44 5 Pot Cent., 1865.
e Account ~ Boi
v Aihronnzaua rQiiway ..... .