The Sun.
London, England, 1868-11-12 00:00:00

AION.Ei MARKET

AND

AillE PA.° JAL N T

CITY, Two O'CLOCK.

No alteration has taken place in the Bank rates.
The market for public securities exhibits firmness,
prices in the foreign market showing a slight im-
provement. Consols show a rise for the account,
and a few transactions at better prices have taken
place both in railways and Bank shares.
The price for loans on the Stock Exchange is 1
to lf per cent.

Consols are 9414 for money; ditto, for account,
941 ; Three per Cents. Reduced, 921 ; and the
New Tkree per Cents, 921 1.
In Foreign Securities Egyptian Sevens of 1868
have risen 4, 731 74. Turkish have advanced ;
ditto of 1865 to 4 ; Italian Tobacco, / ; ditto of
1861, * ; Egyptian of 1868, Peruvian of 1165, and
the Orel Vitebsk Railway Loan 1. Prices are
as follows :—Brazilian, 771 to 781 ; Chilian,
to 95 ; Egyptian, 81 to 82 ; ditto of 1868, 731 to
to s; Italian, 56 toll ; Mexican, 151 to 161;
Peruvian, 81/ to 82 ; Russian, 904 to 901 ; ditto
Nicolai Railway Loan, 651 to s ; ditto Orel, 81i to
1 ; ditto Moscow-Jaroslaw, 821 to 1 ; Spanish -of
1867, 341 to ; Turkish of 1858, 69 to 70 ; do. of
1862, 69 to 70 ; and do. of 1865, 421 43.
India Stock, 5 per Cent., July, 1880, 1151 144 ;
ditto, Enfaced Paper, 4 per Cent., 92.

The Honduras Loan is firm at 91 92. -
Charkof-Azof Railway Loan Scrip is 11 per cent.
higher, at 11 to 11 prem.

Italian Tobacco Loan has improved to 24 to 3.
In Railway shares Caledonian are + better, Great
Eastern -1, South Eastern ; while Great Western
are lower, Great Northern 1, Lancashire I,
Metropolitan I, Sheflivld I, London -and North
Western, I, all lower. The quotations are :
Caledonian, 74k, 5 ; Great Western, 504, 3;
Great Eastern, 434 4 ; Great Northern, 1041 5 ;
ditto A, 1041 to ; Lancashire, 1274 81 ; Metro-
politan, 1051 6 ; Midland, 1111 4 ; Sheffield, 47+
; Brighton, 494 50+ ; North British, 32+ 4 ; North
Western, 111+ ; North Eastern, 994 100 f ;
South Eastern, 78 ; Chatha►u and Dover, 16i
174.

United. States 5-20 Bonds have improved i per
cent., the present price being 74 to f. Erie Rail-
way shares are at 254 to 264, showing a fresh de-
cline of f.

Bank Shares London Joint-stock are rather
better, at 334 ; City, 12 ; and Union of London,
34i ; London and Westminster, 624 to 63-1 ; Anglo
Austrian, 7to prem. ; Impede' Ottoman, 14 to
prem. ; and Consolidated, to s prem.

In miscellaneous shares prices are as follows :
General Credit, 21 to 2* dis ; Hudson's Bay, 141
to 4; National Discount, 114 to 121 ; Atlantic
Telegraph Eight per Cent. Preference, 34 to 4 ;
and Anglo-American, 31i 22.
At the Bank of England yesterday there was a
Withdrawal of 160,000 in gold for shipment to India
—making £120,000 taken out since the date of the
last Gazette return. The Pereire has arrived
at Brest with £88,600 from New York ; and the
Louisiane has arrived at St. Nazaire from Mexico
With c 9,0 2'o •

The will of the late Mr. Robert Oliverson, un-
derwriter and insurance broker, and member of
Lloyd's since 1817, was proved at Doctors'-coni-
'nous, and his personal property was sworn to be
under £300,000.

A cable telegram says that the Commercial Bank
Of St. John's, New Brunswick, has suspended
payment.

Aa order was made by Vice-Chancellor Malins
Yesterday discharging the receivers of the Great
Eastern Railway, and the concern is therefore
now out of Chancery. This is a satisfactory ter
nlination of what might have been a protracted
Suit.

At the meeting yesterday of holders of Ecuador
13onds, convened to receive the report of the Com-
mission of Agency relative to the' payment,of the
dividend due on the Ist May, 1867, it was stAt6d
that the import duties showed a surplus in excess of
10s. per coupon, and it was agreed to defer the dis
tribution of the funds m hand till a further amount
had been received.

The meeting of foreign bondholders at the Lon-
don Tavern yesterday was largely attended. A
series of resolutions, having for their object the
formation of a central council of bondholders,
which would act as the representative of the whole
body in all cases in which their interests were in-
volved, were adopted unanimously. It was appa-
rent on the part of the gentlemen present that the
Scheme which they embodied would prove to be of
considerable practical value.
The creditors of the National Provincial Marine
Insurance Company (Limited) will receive a second
dividend of 4s. in the pound at the offices of the
liquidator, Mr. Robert Fletcher, on or after the
19th inst.
A communication inserted regarding the Vene-
zuelean debt from Mr. F. H. Hemming was errone-
°llBlY stated to be from the Venezuelan Consul.
A memorial to the Committee of the Stock Ex-
change has been presented by the Sardinian Rail-
Way Company requesting them not to grant a
Bottling day for the Italian Tobacco Loan. They
charge the Italian Government with having broken
faith with them and rendered their property value-
aeas) and on this ground urge the committee " to
ezereise the wholesome power they possess of corn-
13'Iling foreign Governments to be honest who are
'eYond the reach of legal tribunals." Tne folly of
the Italian Government in these matters seems to
on
nearly as great as that of Portugal, and because
borrowing
have not yet utterly destroyed their power of
uorrowing they delude themselves into the belief
that dishonesty may be profitable. The fact that
Where they are now obliged to pay 10 or 15 per
cent, they might, under better circumstances, hav e
to Pay only 5 or 6 never seems to enter into their
calculation, and in the same way they fail to take
lilt° account the ruinous indirect consequences,
moral and material, from the loss of financial
Prestige. As regards the Italian Tobacco Loan,
Whatever may be the decision of the Stock Exchange
committee, it must be satisfactory to the holders
to know that, unlike the ordinary Malian securities,
it is protected by a tangible pledge in the hands of
their representatives, which will prevent the pay-
nient of the dividends from being in any way de-
Pendent on Government precision.

BRITISH FUNDS—TWO o'ol4ooll.
941
, GOVERNMENT FUNDS.
a Per cent. Consols . -
. Ditto for Account, Dec. 1.; 941.
92
;Per Cent. Re luced l, 1
1,/°' , per cent
er.vr 2i per Cent. Jan. 1894
u• tor 3u yre, expire stit April 1885 —
$ "° (Red Sea Telegraph), Aug., 1908 —
DO
Bills, £1,009, 2 per Ut, — Pm
Do Do.
£5OO
01(13 of England Stock, 4per Cent
• account
I,anada per Cent. Bonds. —
Ititer-Colonial Uranium
IndialL dOTERNMENT SECURITIES.
7 tock, 104 per Cent., April 1874 — I
"0. Opening, for Account —
~,"0. 5 per Cent. July, 1880
r-,°•l per Cent., Oct. 1888 '-'0 Certificates —
Do'--
pEnfaced Papta 4 per Cent 92
. 5 per Cent., Jan. 1872
L°
°'
.i• per Cent., May 1879 —
0 per Cent., Itup. Deb. 1872 .....
Do. do. 1877 —
1882... ......
1i,,,•• Deb., 5 per Cent., Aug. 1873 ~....
0. Bonds, 4 per Cent., £l,OOO
1)0. under £l.OOO
FOREIGN FUNDS—Two O'CLOCK.
4,7'.----r,, 'lune Republic, f; per Cent, ... .
, Do.—
Scrip A 43 paid
Auitrian Bonds 5 per Cent. 1859
br
Do. it 59 —
.0 lzilian 5 per Cent —
r.,10. 14 per Cont., 1852 —
"0. do. 1858....
„1-)0. do., 1861
,"0- do.' ~ 1863 —
'-'O. 5 per Cent., 1865 — , Do Account 7B
kinenos Ayres 6 per Cent
6Uba
.411au 6 per Cent -
—..
.Do. 44 per Cent
Do. 6 per Cent.
,80. i 1867
°1 7 per Cent., 1866 I —...1