The Sun.
London, England, 1868-10-21 00:00:00

110.Nrai

AND

COMMERCIAL INTELLIGENC,*

Business to-day has beenCITY very dull, andCLocK Consols
have given way 1 per cent. Foreign Securities
continuo firm, the Tobacco Loan still improving in
Price. In the railway market Midlands have been
inlnired for at improved quotation. Metropolitan
and South Eastern have declined.
The Discount Market and the rate for loans in
the Stock Exchange remain unaltered. ,
Consols are at 944 to 4 for money, and 941
for the account (November 5) ; and the Three per
Cent- Reduced 934j3 k, and New Three per Cents.,
Foreign
931 4.
Stocks are firm. Brazilian of 1865,
Italian of 1861, Peruvian of 1865, Russian of 1866,
Spanish of 1867, and the Orel Vitebsk Railway Loan
have
risen 4to 1 per cent. Subjoined are the quo-
tations:—
1867, Brazilian of 1865, 794 to 4 ; Chilian of
941 to 95 ; Egyptian of 1864, 821 to 83 ex
dir.; Italian of 1861, w 531 to 54 ; Mexican, 164 to
4; Peruvian of 1865, 824 to ; Russian of 1866,
90401,
Orel, 831 to 84, ex div. ; ditto Muscow-Jeroslaw,
13i to ; Spanish of 1867, 334 to ; Turkish of
858) 671 to 684 ; ditto of 1862, 70 to 1 ; and ditto
of 1865, 41/ to 4.
the
Ten and a Half per Cents., 214 to 217 ;
Be 1141 to 115 Four, 1031 to 104
~,o_nds, 18s. to 235. prem. ; and the Debentures,
2'ovof to 106• Exchequer Bills are firm at 17s. to
,I,'lsPreni. Bank Stock, 242 to 241.
-"ue new Italian Tobacco Loan has advanced
13e.,e_ent., the present price being 24 to 3 prem.
Ihe Honduras Loan has further improved, to
91 914
Great Indian Peninsular Railway New Four per
It. Debenture Stock is 941 951.
r,lilwaY quotations are falling. Great Western
'neat Eastern 4, Great Northern A 4, Metropo-
a, North British 1, North E tstern (Berwick)
4, and South Western 1. Caledonians are better,
0114 Sheffield 4. The prices stand as follow :
`-'2ledoni,m, 714 711 ; Great West An, 484 49 ;
:
Great Eastern 401 480; Great Northern, 107 8;
ditto &
Titan
1054 64 ; Lancashire, 1284 4 ; Metropo-
_
il
1064 ; Midland, 1121 4 ; Sheffield, 48 1;
lvestern zightoo, 52 ;
North British, 32 ; North-
-8o
1124 ; North-Eastern, 994, 1004 ;
uth-Eastern, 774 1 ; Chatham and Dover,
174 18.
The traffic receipts of the Metropolitan Railway
ilhevit an increase of £1,758.
The Midland Railway traffic return shows this
Week_ an increase of i. 5916 over last year.
The traffic of the Atlantic and Great Western
Railway for the fourth week in September amounted
clitto
vo $114,664 as against $124,211.
Bank shares are as follows :—Agra A, 114 124 ;
t
LI, 6 61 ; Australasia, 524 4 ; Bank of
gYPt) 374 ; Chartered Mercantile of India
304 ; Consolidated,44 ; English and Rio de
Janeiro,
94 ; Imperial Ottoman, 111 4 ; London
Land River Plate, 11; London and County, 484 ;
3°lou Joint Stock, 324 ; London and Westmin-
ster, 641;
National Provincial of England, 1311 ;
Oriental Bank Corporation, 431 ; Union of
Australia, 481.
Angio-American Telegraph Shares are unchanged
at 214 2 ; the Eight per Cent. Preference shares
at 3 15-16, 4 1-16; ; and the Original Atlantic
Telegraph shares is 1 lower, at 32 33. The shares
of the French Atlantic Cable Company are 41,
dis.

1n Miscellaneous Shares there is a rise of 2s. 6d.
14 Hudson's Bay, viz., to 15.1 ; General Credit,
21 to dis. ; International Financial, 11 to 11 dis.
At the half-yearly meeting of the Great Western
Railway Company of Canada, held this da:, the
report was adopted, and a dtvi lend at the rate of 2
Per Cent, per annum, free of income-tax, was de-
clared.

The sum of £16,000 in sovereigns for Australia
was withdrawn from the Bank.
The mail steamer Flamsteed, from Liverpool to-
u4Y, takes £76,000 for Brazil and the River Plate.
It le understood that the London Bank of Mexico
havel accepted the business of the Committee of
41exieln Bondhollers, and that any remittances on
tc,colltit of the dividends from Mexico will be made
through that establishment.
urThe tenders for the Government of New South
"ales Loan for £1,000,000 were opened yesterday
l
aatul the Batik of New South Wales. The tota
al_ Nat applied for was £3,659,409. All tenders
thoseauci above £9B is. will receive allotments in full,
the at £9B Os. 6d. will have about one-third o
sums tendered for; all below that sum will not
'.,bartioipate in the allotment. The sealed minimum
" dnot opened.
ian• BrYdges, the manager of the Grand Trunk
Aeacia RAilway, has addressed to the Board an
er to the charges lately alleged against him by
rA* Heseltine,
ce:',fecv years since Mr. Bessemer carried to a sac.-
4'll issue the pneumatic process which bears his
The for the manufacture of steel from pig ironf.
th,%l3easeiner process, however, demands iron of
Baton "rat brand, a new process patented by Mr.
elaat°ll' hY which inferior iron is made into first-
te:s steel, thus utilising for the higher pnrposes of
to tlilfaoture vast deposits of ore hitherto condemned
tiO4-!l(3weet rank. The saving in cost of produc-
ThlB said to be several pounds a ton.
to me Crown agents for the colonies invite tenders
Th4-rr°vf (Thursday), and on every succeeding
rscia
oo
Athe
c4Y until further notice, for bills of exchange
overnmeut of Ceylon.
tneet•
the Co ing Was held yesterday of the creditors of
te‘st,:htnercial Bank Corporation of India and the
von, 4.- "en the committee was instructed to endea-
jt „_ 3 effect a compromise with the shareholders.
17;4 also resolved to accept a sum of not less than
d
Nvith.6(l. the hound without interest, to be paid
e 14 a certain time, to be hereafter fixed ; and in
thiae'tellt of the shareholders declining to accede to
elaih,„.arr.angement, it was determined to enforce all
emi'lla full, and to support the application for a
bef,„, the whole liability on the shares, to be heard
,44Tathrileel1eter of the Rolls on the 30th inst.
ing of the Royal Bank of Liverpool
debtor ay :the names of some of the principal
trail ri,a to the concern are understood to have
citn:Ptred) but the proceedings created much ex-
Are -44) and a great desire was still manifested to
Zilt Publicity.
%11,,t,he half-yearly meeting of the Bank of British
of 2ruia the report was adopted, and a dividend
The was Cont. was agreed to.
e tin;
, too Steamship Company have declared a
Thall"°f £1 per share.
%io„- report of the North of Scotland Banking
t
the rvatlY recommends a six months' dividend at
g. 4te of 10 per cent. per annum free of income
The r
to bereport of the Bahia Gas Company Limited
reeo I,l,:esented at the next half-yearly meeting,
Per 4111,:s'ade dividends at the rate of 10 per cent.
the
o.lllnn on the preference, and 3 per cent. on
Thr`tinarY shares.
Predi:. news from Brazil by the Estramadure
tll y, a sPeedy conclusion of the war with Para-
iea was flying, closely pursued by the
oeell was
the Marquis of Caxias, who, after
Bpoi(PY.ing the fort of Tebicuary, had abandoned the
Llpezill order more speedily to follow the enemy.
Ofcer i 8 reported to have shot several general
`a?h,
1,8, and also the Portuguese Consul-General,
Vizeoesided at Asuncion. At Rio the Ministry of
reettsi Itaborahy, considering the necessity for
as possible the issue of paper
(en 4!, " had invited a loan of 30,000 contos of reis
ble;t.e4chttinatg:dllleuxechhange to £2,500,000) in 6 per
Clem bond at 80, the interest payable in gold in
yearer and April, and the principal redeemable in
(44;s bY Purchases in the market or otherwise by
148 at par in gold.

BRITISH PIINDS—TWO O'CLOCK.
8 ovERNmENT Irt: ••
Ar\e,,r,,ectlt. consols .. 941
a —l4O fur Account, Noy ..^
94k
1
ITied 2# llewr eclat. Reduced, ....
Per Cent
per Cent. Jan. 1801