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

XoiNiii MART-LET

A t•TD

COMMERCIAL INT.rt,,l-,M.C.V.Z•OR

CITY, Two o'CLocfs.
The Spanish insurrection has had the very impo
taut effect of withdrawing mischievous attention from
Prance 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
Mexican mining shares are in request.
The rate for money is quite nominal, and business
is most advantageously conducted by negotiation.
Corn is firmer, at Monday's advance.
The ship E. P. Bouverie has arrived from Otago
wiih 8,566 ounces New Zealand gold, valued at
£34,261.
- Consols, which closed last night after official
hours at a further advance of *, opened this morning
without change but firm, and are now quoted at 94*
to 94/ for money and account ; New and Reduced
'
Three per Cents., 92i to 93 • India Five per Cents.
steady, at 1148 to 114 i ; Exchequer Bills, 16s to
20s prem.
A moderate business is being done in Foreign
Stocks at rather higher rates. There is an advance of
/ in Turkish, at 38 to 38i- ; and in Viceroy's
Seven per Cent., at 731 to 741 ; and of * in Italian,
at 51* to 5114 ; ew Spanish are flat at 32* to 32± ;
Mexican are quoted 14,i to 14i ; Greek, 12* to 13 ;
'Danubian, 80 to 81 ; Brazilian, 75); to 76 ; Peruvian,
P7Bl 781 ; Egyptian (1864), 86 to 87 ; and Hon-
.
Amqurass, s
erican Seems 88
-`es are firm. United States 5-20
~ Bonds show a further iruc." better,
of
' being dealt
, *
in at 73 to 73/ ; Erie Shares etter at 31 to
32* ; Illinois, 91 to 92.
4,entures
Atlantic and Great Western Railway D.
'
are 371 to 38/ ; and the Consolidated Mortgage Bons.
381 to 382.
As compared with the unofficial close of last evening
there is a fall of in Lancashire and Yorkshire Rail-
way shares at 128/ to 1281, in Midland at 111/ to
112/, and in Great Northern at 107* to 108* ; and
of *in .Great Northern (A) at 109 to 109 k. South
Eastern are better at 78/ to 78*, and (here is an
advance of * in Great Eastern at 391 to 40/, and of
i• in Metropolitan at 107 to 107*, and in Great
Western at 491 to 50. London and North Western
are 1121 to 114 ; Brighto.n, 51* to 52 ; Sheffield,
464 to 461; Caledonian, 69 to 69*, and Chatham,
17/ to 18.
Foreign railways are without particular feature.
Lombardo-Venetian is steady, at 16* to 16/ ; Great
Luxemburg, 11 to 111.
Bank Shares are rather dull, and the only change in
prices is a decline of in London- and County, which
is quoted at 49 to 50 ; London and Westminster
steady, at 65* to 664 ; ditto new, 521 to 53/ ;
Oriental, 444 to 45f ; London Joint Stock, 31 to
32 ; Union of London, 34* to 354 ; Imperial Otto-
man, 2to prem.; Imperial 161 to 174 ; Consoli-
dated, 4,1 to ; Chartered Mercantile, 29 to 30 ;
Anglo-Austrian, 6 to 7 prem. ; Alliance, 124 to 11*
dis.; and Agra (A), 11* to 12*.
In Miscellaneous securities, Anglo-American Tele-
graph, and Atlantic Telegraph Eight per Cent., are
each lower, being quoted at 21* to 21i ex. div.,
and 4to 4± respectively. Hudson's Bay untltered,
at 141 to 15 ; Fore-street Warehouse, par to 4 prem.
'London General Omnibus, 11 to
Foreign Mining Shares are extremely quiet. St.
John del Rey is inquired for at 181 to 191 ; Port
Philip, 14 to 1* ; United Mexican, 2 to 21 ; Chon-
tales, 2* to 2'Bl. - - _

The introduction of the Italian Tobacco Loan,
which was expected this week, or at the furthest,
in the course of the first week in October, appears
to have been indefinitely postponed. The cause
for the delay has not transpired either in London
or Paris. But it is quite understood. There is a
hitch. 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 ccntract with the
o,)vernment ; but that the contractors do not see
their 7ay to surrender so much profit. Bankers and
financiers do not usually engage in loan transaction::
without some .7ertainty of profit ; but the Council of
State may preb,:tily hold that their profit in this
case will be more ri0.1,..qv obtained out of the tobacco
monopoly than oni of t 4ploan. This, however,
appears to be the point in dispu!''. or the point which
is unsettled. _ _ _

Annexed is an extract from Weston T.
yuxforcl
and Co.'s Wine Circular for 1868 :—" The vit:.4''Re Of
1808, which commenced before the 10th inst. in soiLl''
places, is already progressing favourably ; and those
growers who have been looking forward to an abun-
dant harvest are having their expectations more than
fulfilled. It is true that some vineyards have suffered
from hailstorms, and at one time it was thought that
the grape had been injured by the extreme heat, but
generally the crops are reported above an average ; and
with propitious weather for securing the same, the
quality of this year's wine must be superior to that of
mutiny former years."
The large sum of £175,000 in gold was sent to the
Bank yesterday.
The ordinary general meeting of the shareholders of
the National Bank of India was held yesterday, when
the directors' report, which recommended a dividend
for the half year at the rate of 6 per cent. per annum,
and a bonus of 1 per cent., was adopted.
The death is announced of Mr. Sheffield Neave,
one of the senior directors of the Bank of England.
Mr. Mills, the senior partner in the house of Glyn,
Mills, Currie, and Co, has resigned his seat in the
Council of India after a service of forty-six years. A
baronetcy is to be given him.
The Brighton Railway traffic return shows this week
an increase of £461 over the corresponding week of
last year ; the Metropolitan an increase of £711; and
the South Eastern an increase of £2,428.
The following is Mr. Sam Mendell's circular :
"Few sales are reported to-day in either yarns or
goods, and these only at rates under those current on
the 15th inst. The general tone of the market is
dull, with somewhat more pressure to sell, and the
prices refused a few days since would be readily
accepted now, but no marked reduction is submitted
to, although there is more irregularity in values
than for some time past, especially in ordinary
qualities."

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account, Oct. 6
3 per Cent. Reducod 93 211
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cent.., an. 1873
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 l2l
Do (Red Sea Telegraph), Aug., 1908 — xd
Exchoquer Bills, 41,000, 2 per Ct — pm
Do. £5OO
Do. .£lOO & £2OO — II
Bank of England Stock, 4 per Cent
Do. openinc, .. xd
Canada 4 per Cent. Bonds —
Inter-Colonial Cranium
INDIAN GOVERNMENT SECURITIES
India Stock, 101 per Cent., AprillB74 ...
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Pape' 4 per Cent 921
Do. 5 per Cent., Jan. 1872
Do. 51 per Cent., May 1879 —
Do 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —
Do. do. 1882 —
Do. Deb., 5 per Cent., Aug. 1873 —
Do. Bonds, 4 per Cent., .£1",000
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent ... .
Auitrian Bonds 5 per Cent. 1859
Brazilian 5 per Cent —
Do. 4} per Cent., 1852 —
Do. do. 1858....
Do. do., 1860 —
Do. do., 1863 —
Do. 5 per Cent., 1865
Do Account 76 1
Buenos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent )
o.iilia
euba, 6per Cent.
n 6 per Cent —
Do. 41 per Cent —
00. 6 per Cont., B —
Do., 1867
•
no., 7 per Cent., 1866
Do., Scrip £32 paid
C ~, rubian, 6 per Cent.
D Luisa 3 per Cent.. 1825
ilaril,fan Principalities, 71 er Cent —
Do 8 per Cent., 1867
..
"'out:der New Consolidated, 1 per Oen%
Yptiar, 7 per Cent ..•
!0 Second Issue -
.D.,..€5;nt Bonds •
b0..4106 Bonds B2l
Do. 1861
,„ Do. Account
•uo..£silC Bonds—.
no. .£lOO Bonds
El,glisli Scrip, 1868 —
Du do. £l5 pd — dis
Cloyernmenttur
`reek 5 per Cent., 1824.5, ex Coups —
3)o• AceclTllt ...
0. Coupons -
Do. Account
taitettala 5 per Cent . -
. —
c:illuras Gov. Rail. Loan., 10p. Ct.,
.£2sp
;)jan per Cert., 1865 —
0. Account
D 0 AlRremmana Railway . -

..... BFi