The Sun.
London, England, 1868-12-15 00:00:00

0.4111 LIARIIET

AND
CO IMEROIAL INTELLIGENCL,

CITY, Two o'CLocK.

Consols are 921 1 1 for money; Three per Cent:
Reduced, 928 1 ; New Three per Cents, 921 k ;
Bank of England Stock, 4 per Cent., 240.
India Stock, 4 per Cent., Oct., 1888,1028 ditto
Enlaced Paper, 4 per Cent., 911 ; ditto Deben-
tures, 5 per Cent., Aug., 1873, 1041.
The department for Foreign Securities at the
opening 'of business was dull, but it is thought
that before the close a reaction will set in. Tur-
kish Five per Cents. of 1865 5-16 lower ; Italian
1-16 ; Nicilai Bonds quote 658 to 651 ; Orel
Vitebsk Bonds, 78+ to 781. The Bonds of the
Honduras Railway Loan, 89f to 908 ; Chilian Six
per Cents. 1867, 96 to 961 ; Egytian Seven per
Cents. 1864, 82 to 821; ditto 1868, 738 to 741. ;
Greek, 121, :to 122 ; Italian Five per Cents., 56
561 ; Mexican, 15 to 151; Peruvian Five per
Cents., 81 to 818; Spanish New Three per Cents.,
32i to 321; 'rurdsh Five per Cents. of 1865, 338
to 39 ; ditto Six per Cents. of 1865, 611 to 62+ ;
Viceroy of Egypt Seven per Cents., 76 to 761 ; ditto
Nine per Cents., 891 to 901.

There was not much doing in the market for
English Railway Shares, but they, as a rule, are
supported. Brighton and South Coast, 1 higher.
Brighton, 49* to 491 ; Caledonian, 73i to 71;
Great Eastern, 411 to 42* ; Great Western, 481
to 488 ; Great Northern A Stock, 1081 to 108* ;
Lancashire and Yorkshire, 128 to 1281 ; London
and North Western, 1121 to 121; London, Chat-
ham, and Dover, 161 to 17* ; Metropolitan, 1021
to 1021 ; Midland 111* to 1121 ; North British,
321 to 32/ ; Sheffield, 478 to 48 ; and South
Eastern, 79* to 791.

Bank Shares are for the most past unchanged :
Chartered Mercantile, 30 to 31 ; City, 11i to 121 ;
London and County, 50k to 51i ; Oriental, 42k
to 43i ; Union of London, 39 to 40 ; Alliance, 12
to 13 ; and Imperial, 17k to 18i.
The market for American Securities is firm, and
business moderately active.

Miscellaneous shares quote thus :—Anglo-Ame-
rican Telegraph 21i to 21f ; Atlantic Eight per
Cent. Preferential, 3f to 30 ; Hudson's Bay, 13f
to 13j; National Discount, 111 to 12i ; Luxem-
bourgs, 10 11-16 to 10 13-16.

Bar gold, valued at £57,000, was bought by the
Bank yesterday, while 7,000 sovereigns were with-
drawn for Egypt.

The Shannon, from the West Indies, has brought
£103,000 in specie, of which £39,000 is gold awl
the rest silver ; the Syria, from Alexandria,
£4,942 ; and the Germania, from New York,
£3,000.

The amount of Australian gold known to be now
on the way to this couutry is £657,000, of which
about £200,000 is due.

An amalgamation has been effected between the
old-established Southampton banks of Messrs.
Aladdison, Pearce, and Hankinson and Messrs.
Atherley and Darwin. _ _

The accounts from Lancashire of the state of the
cotton trade are more unfavourable than is gene-
rally supposed. A resort to short time is said to be
imminent, and steps are iu progress for effecting it
in a manner that will be best for the interests of all
concerned.

Vice-Chancellor Giffard yesterday decided the
amount of remuneration due to Mr. Cannan, of
the firm of Kemp, Cannan, Ford, and Co., for his
services as liquidator of the Agra Bank, the re-
suscitation of which was affected two years ago.
It appears he will substantially receive about
£lO,OOO. The Vice-Chancellor strongly commented
on the ability with which the liquidation had been
conducted.

The directors of the Anglo-Mediterranean Tele-
graph Company (Limited) have issued their report.
It recommends an interim dividend of 4s. per share,
free of income tax.

The dividend due the Ist January on the Swedish
Five per Cent. Government Loan of 1868 is adver-
tised for payment by Messrs. Raphael and Sons.
The Spanish Financial Commission in 'London
have advertised the payment of the dividends due
the let January on the Three per Cent. Consoli-
dated and Deferred Stocks It is notified that "in

payment of Home Debt Coupons, bills will be
drawn at 30 days' sight at Madrid, deducting 5
Per cent. for the tax established by law of 29th
June, 1867."

The half-yearly drawing of the Consolidated
Peruvian Five per Cent. Loan at par, will take
Place in January next, when £297,150 will be
applied to that purpose, being 3i per cent. of the
►mount of outstanding bonds.
The Bank of New Zealand have given notice that
they will pay the interest due on the 31st of Decem-
ber and Ist of January on the outstanding bonds of
the Otago 8 per cent. Loan, 1861-2, £50,000; the
Otago 6 per cent. Loan, 1862, £500,000; the Can-
terbury 8 per cent. Loan, 1856, £30,000 ; and the
Canterbury 6 per cent. Loan, 1862, £500,000.

A stock of an unusual character—viz., a Railway
Preference Stock, overriding the debentures—is
now being offered by the Cambrian Railway Com-
pany. The amount for which subscriptions are in-
vited is £147,300 ; the stock bears 5 per cent. inte-
rest. Cliuse 31 of the company's Act of last session,
eq. 177, made this exceptional security contingent
on the consent in writing of not less than three-
fourths in amount of the mortgagees of the com-
pany. In answer to inquiry on this point it has
been officially intimated that the required assent
has been received—and that the company has the
Certificate of the referee appointed by the Board of
Trade to this effect.
A meeting of a proposed " Shareholders' Protec-
tion Association" is convened for Thursday next, at
the London Tavern. The object is to aid members
in obtaining information with regard to the posi-
tion and internal working of companies, legal ad-
vice, &c. It is suggested that a general chairman
should be elected, as well as an efficient staff under
the supervision of a committee.. It may be hoped
that the idea, which, by the way, is not altogether
original, may be successfully wrought out in order
to check the gross abuse of the limited liability sys-
tem. The present movement is started under the
auspices of Mr. Henry Brookes.

BRITISH FUNDS-CLOSING PRICES.

3 GOVERNMENT FUNDS.
▪ Per Cent. Consols
Ditto for Account,
33 Per ~,Cent. Reduced 921 1
1,,,."'w 3 per Cent
New 2i. per Cent. Jan. 1894
A DO. 5 per Cent. d an. 1873
'`leuities, 30 yrs, expire sth Jan., 1850 —
Do. for 30 yrs, expire sth April 1885 —
t Do (Red Sea Tele, raph), Aug., 1908 —
zehe per Bills, £l,OOO, 2 per Ut ...... P
Do. £5OO
Do. £llO it £2OO — P
1-talc of England Stock, 4 per Cent
p Do. accouat . —
jitter-Colonial
4 per Cent. Bonds —
44ter-Celonial Omnium —
INDIA,N GOVERNMENT SECURITIES.
India,,, stook 101 per Cent., April 1574 —
4'o. Opening, for Account
Do. 5 per Cent. July, 1810
1,),0. 4 per Cent., Oct. 1818
"0. Certificates
Do. Enlaced Papet 4 per Cent 9ll 1
D 0.5 per Cent., Jan. 1872 .
:If% 5 per Ovit. May 1879 —
"J.) 5 4 por Cont., Rnp. Deb. 1872 —
Do. do. 1/77 —
, Do. do. 1882 ,
'J-. Dub., 5 per Cent., Aug. 1873 ..... 1041
4J, 0. Bonds, 4 per Cont., £l,OOO
"0. under .81.000
FOREIGN FUNDS—CLOSING PRICES.
Ar • mine Republic, 6 per Cent
Au 60., `BoSrip 1.45 pid .. -
itrian nds Super cent —
zr Do. 1859 —
k.' Man 5 -or Cent —
oo P
~• . it per Cent., 1852 —
,10. do. 1858....
-(3. do 1860
1-4)- do.' 1863 —
41 k 9
11-. ' Per Cent., 1865 —
1„ --'0 Account 7B i •
- en
bos Ayres 6 per Cent.
0n,,,,, o 2 per Cont; (Deferred 3 per Cent ) --
to i
e Per Cent.
-itta 6 por Cent
.r.;O. 4* per Cent
il• 3 per Cent~
rn•
„
• 6 Per ce'2t. 1867
O in- ' Per Cent., 1866
1)0.4". Man, 6 per Cent.
III; a per Cent., 1825 •19919