The Sun.
London, England, 1868-11-13 00:00:00

RONEY MARTIET

AND
COMMERCIAL INTELLPINNCII,

CITY, Two o'CLocK.

Business on the Stock Exchange showed firmness,
and prices were well maintained ; but in the foreign
market Spanish improved I. The demand for dis-
count is not so active as was to be expected, the
rate being 1 to 2.

Consols are 94-1 * for money; ditto, for 'ac-
count, 941 ; Three per Cents. Reduced, 921 g ;
New 'Three per Cents, 92,21- ; and the Bank of
England Stock, 4 per Cent.. 246.

India Stock, 5 per Cent., July, 1880, 1148 ;
ditto, 4 per Cent., Oct., 1888, 103.
In the Foreign Market New Spanish Three per
Cents. have risen nearly to 34} 34i. Mexican
Bonds have improved to 16 16h, and Turkish
Five per Cents. of 1865 are fractionally
higher, at 424 6. Egyptian Seven per Cents. of
1868 remain firm at 74 ; Italian Five per Cents.
at 56 * ; Peruvian Five per Cents. of 1865
at 818 ; but the Greek Bonds have given way I,
to 12i. 13.
The New Italian Scrip is lower, at .24 prem. ; the
New Russian (Charkof-Azof) Railway is lower,
at 18 to 18 prem.
The Honduras Loan is at 90 91.

American Securities are improving. Unnited
States Bonds are firmer, the 5-20 Bonds being 74k,
741, and the Bonds of 1885 73, 731, showing a rise
of 1 in the latter, the 10-40 Bonds remain at 712,
Western Railway Consolidated Mortgage Bonds,
39 39k, being 1 better. Eries have receded 1 per
cent., to 24} 25 ; and Illinois Central, 96 962-
•

In the Railway Share Market we have to
report an improvement of f in Caledonians,
Metropolitan Extension /, Midland a, Brighton
1, North Western 1, South Eastern 8. Great
Northern are 1 lower, and ditto A I, Shef-
field are also The quotations are :
Caledonian, 741, 5 ; Great Western, 501, i;
Great Eastern, 434 4:; Great Northern, 1041 5 ;
ditto A, 1044 to ; Lancashire, 128 to 1 ;
Metropolitan, 1.058 to 1 ; ditto Extension, 1034 to
41 ; Midland, 113 k ; Sheffield, 471 8 ;
Brighton, 50/ 4 ; North British, 321 4 ; North
Western, 113 ; North Eastern, 994 100/ ;
South Eastern, 79/ 1 ; and Chatham and Dover,
17
In banks we have no alteration to report, and
the prices of miscellaneous shares remain sta-
tionary, with the exception of Anglo-American
Telegraph shares, which had declined If, the price
LOW being 218 22.
The Atrato, from the West Indies, has brought
£106,795, and the City of Boston, from New York
£24,800.

On Monday next the committee of the Stock
Exchange will consider the application which has
been made for a settling day and quotation for the
Indian Tobacco Loan. The committee of the
Cavour Canal Septennial bondholders have also
formally appealed to the Stock Exchange against the
settlement of the Loan. A reform appears to be
immediately required in the practice now adoped
With respect to such cases. Whenever a case of
default on the part of a foreign Government is
Made known the committee should at once delibe-
rately investigate it, and in the event of the griev-
ance being established, forthwith notify that until
the Wrong had been redressed no new loan should
be allowed official recognition. Instead of this they
Wait till a loan has been brought out and fully
flubscribed and made the subject for several weeks
0 large transactions, and then form themselves
into a Court to decide whether these transac-
tions shall be recognised—a large portion of their
body being in most cases heavily interested in the
result.

The half-yearly coupons of the Egyptian Nine
per Cent. Loan, due 22d inst., als3 the bonds drawn
in October for redemption on the 22d inst., will be
Paid at par on and after that date at the London
agency of the Imperial Ottoman Bank, 4, Bank-
buildings, Lothbury.

A telegram has been received of the departure
from Panama, on the 23d ult., of the steamer
Mataura, with the mails, passengers, &c., per the
Royal Mail Steam-packet Company's steamer Neva,
from Southampton, on the 2d of October. Arrange-
ments have been made which will insure the con-
tinued regular working of the mail service between
Panama, New Zealand, and Sydney.
A dividend of £1 10s. per share is to be paid by
the Anglo-Egyptian BaLking Company.
Bills of exchange on the Government of Ceylon
for 250,000r5. were disposed of yesterday by tender,
at the offices of the Crown agents for the colonies.
The minimum was fixed at ls. Hid. per rupee, at
and above which the whole amount was taken.
We understand that four directors of the Na-
tional Bank—viz., Sir Joseph N. M'Kenna, Mr.
Harvey Lewis, Mr. F. B. Renshaw, and Mr.
Philip Vanderbyl, have resigned their seats at the
board.
The report of the Buenos Ayres Great Southern
Railway Company (Limited) proposes a dividend
Oil account of 12s. per share, equal to 6 per cent.
Per annum.
The return from the Bank of England for the
Week ended the 11th November gives the following
results when compared with the previous week -
'test
Pn •
OLite deposits
her deposits 19,218,711 ... Increase .. 627,646
11 ths other side of the account :
"' ,°vernment securi-
ties
£15,485,874 ... No change.
Other securities 16,317,065 ... Increase 588,774
li,otes unemployed 9,203,810 ... Increase ... 383,235
1,
Cie amount of notes in circulation is £23,936,315,
ing a decrease of £577,055 ; and the stock of
ebullion in both departments is £19,358,850, showing
decrease of £llB,BBB when compared with the
Preceding return.
Subjoined is a comparison of the present position
of
the Bank of England and the prices of Consols
,411 d French Rentes with the corresponding week of
444 year

At Present. Same Week
last Year.
Bullion
Reserve
Notes in circulation 23,936,315 ... 24,149,650
Rate of discount
Consols
crouch Renter

BRITISH FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.:
'' Per Cent. Consols
, Ditto for Account, Dec. 1_
924 4
' Per Cent Ile luct.o
N . •
924 i 1
New d per Cent
'A 24 per Cent. Jan. 1894
D°' tor 30 yrs, expire sth April 1885 —
Xx,,,, (Red Sea Televaph), Aug., 1908 —
D0.,..._ pm
"tiller Bills, S 1 000 2 per Ut
_ , ,
Do. £5OO
Bahl,'
£lOO & £2OO — pm
IT of England Stock, 4 per Cent
0 --°• account
k
.40ada 4 per Cent. Bonuter-Colonial Omni=ds —
_
Itla•I"IAN GOVERNMENT SECURITIES
'4lft Mock, 104 per Cent., April 1874... —Do 0 2 _
0 • pening, for Account
0°• 6 per Cent.
Oct
1880
,-,°• 4 per Cent., Oct. 1888
1J 0 . i,, • Certificates —
Do.
Enfaced Patna 4 per CAnt _
...,,,e• 5 Per Cent., Jan. 1872
46
.1:1°. 5 i per Cent., May 1879 ....
•) 5 Per Cent Rup Deb. 1872 _
~ .
Do.
do. 1877 —
Do• do. 1882
Do.
Deb., 5 per Cent., Aug. 1873 ~ —
pm
, 0. Bonds, 4 per Cent., £l,OOO
"0. under .El.000
FOREIGN. FUNDS—TWO O'CLOCK.
A.r pa •
t,, ri tine Republic, 6 per Cent
"°. Sc,- •
4._ ? ip .t 4o paid
unrian Bonds 5 per Cent. 1859
Lt• • 1210. 1859 634
utliq i
, ,n a rer Cent —
'3' 44 Per Cent 1'359 —
pio. du. 1858.... ' -
. 1858....
I)o.—°. do., 1860 —
._
Do .S 1853
, • . per Cent., 1865
B ..0 Account 77i
`,.%008 Ayres 6 per Cent.
t. 21144pc
;pepe:
er•
eCr (Deferredrceccenenetniit
...
D°
• 6 per Cent., B
°•, 1867
....................... .
r, 1?,0., per Cent., 1866 J 1034
:,-',-: tnbian, 6 per Cent.
1-coisti., 3 per Cent., 1825........,
''' Bubian Principalities, 7 pn. Cent
0 8 per Cent., 1867,,,,,,,,,...... w 84