The Sun.
London, England, 1868-08-12 00:00:00

KOINE ZAWKET

A ND

f3OMME.RCIAL IN TELLIG:6I,t; GE,

CITY, Two O'CLOCK.

The 'withdrawal of gold from the Bank yesterday
,
caused some degree of heaviness in the funds, but
otherwise there is not much general alteration in the
Stock Markets. Various foreign stocks are a point or
better, and Peruvian Stock maintains yesterday's
improvement. Railways also are in some cases
nigher. The chief attention is, however, given to the
settlement, which commenced this morning and ter-
minates on Friday.
There is rather a good demand for money, but no
Alteration in the terms for the best bills from 11 to 14
Per cent. On the Stock Exchange the terms for ad-
vances are quoted at 11 to 2 per cant.
C.f
Consols are dull at 931 to 9378 for money, and 9:3A
t° 94 for account. New and Reduced Three per
to 94 ; India Five per Cent. steady at
1141ents , 937
to 115 ; Bank Stock, 247 to 219 ; Exchequer
sills, 14a to 18s prem. -
11i the Foreign market the following are the quo-
Spanish, 331
tationa :—Mexican, 141 to 151 ; Greek, 13 to 13k ;
to 34 ; Italian, 52 to 52;41 ; Turkish
Five per Cents., to 381 ;
Peruvian, 781 to ;
h'ortaguu—ac -,
381 to 381 ; Danubian (1867), 78 to 79 ;
gYptian (Viceroy), 72k to 721 ; Brazilian, 76i to
In American Securities, United 5-20 Bonds are
better, at 71i to 721-. Erie Shares are lower, at
361-to 37 ; 92 to 93.
Atlantic and Great Western Debentures have im-
proved k, to 38f to 381, and the Consolidated Bonds
to 38t. to 383
The 3.
llonduras Loan is firm at 82i to 83, having
peen dealt in at 83.
Great Indian Peninsula New 4 per Cent. Debenture
Mock is 95i to 96k.
In
lirerailways there is a recovery of to in Lanca-
Illetr "d
Yorkshire, South Eastern, Brighton, and
most°P°litao, but other descriptions remain for the
part
ben at previous prices, while transactions are
The ig effected only in connection with the settlement.
and
following are present quotations :—Lancashire
Yorkshire, 130 to 1301 ; Midland 106 a to 1064 ;
Great Northern, 106 to 107 ; ditto (A) 103 k to 104 k ;
Great Western, , , 49a to 49g • Great Eastern, 38 to
384 ; London and North-Western, 116; to 1161 ;
South Western, 92 to 93 ; Sheffield, 43 to 431 ;
Brighton, 53/- to 531 ; Caledonian, 761 to 77 ;
'etropolitan, d11.6i to 117 ; and Chatham, 191
to 202.
Colonial Government Bonds are steady. Canada
Six Per Cent., is quoted at 103 to 105 ; ditto Five
pea Cent., 90 to 92; Mauritius Six per Cent.,
ril9 to 105 ; New South Wales Five per Cent.,
".:9 to 101 ; New Zealand Six per Cent., 110 to
.42 ; Queensland Six per Cent., 105 to 106 ; Vic-
toria Six per Cent., 113 to 115.
13ank Shares continue dull and heavy. Chartered
Mercantilei and London and Westminster are each
Pier, the former being quoted at 28 to 29, and
il() latter at 67 to 68. Agra (A. shares), 111 to
; Alliance, 11 to 10 dis. ; Anglo-Austrian, 61 to
; Consolidated, 4a to 44- ; Imperial, 17 to
CO Imperial Ottoman, to prem. ; London and
3tintY, 51 to 52 ; Oriental, 44 to 45 ; London
~int Stock, 32?; to 331 cx div.; Union of London,
to 36 ex div.-
11l Miscellaneous Securities there is little business
ttu,;"g• Anglo-American Telegraph, 212- to 21g
11`1nlic Telegraph Eight per Cent, 4 to 4k ; Hudson's
'Y, 152 to 15g- ; Fore-street Warehouse, dis. to
. prem.
obForeign Mining Shares are vary quiet. St.
to 211 del Rey remains at 191 to 20 ; Chontales, 2k
u
,reni. ; Port Philip, 11 to 11; Rossa Grande to ii-
The
eirev, following is an extract from the Manchester
1,7 of Mr. Sam Mendel, dated yesterday :
n inquiry is more general, with sales to some
.xtent at •
rat__
.prices closely approaching the full quoted
but Since noon there is scarcely the same activity,
we close the day with a very steady and more
cheerful tone.
The
tron,sum of .£lOO,OOO in bar gold was withdrawn
the Bank yesterday.
Barb ordinary general meeting of the Brean Down
th4..rOeur Company has been called for the 29th, for
„ transaction of the ordinary business of the Com-
see° • •
the second dividend of 6s 8d in the pound is payable
unsecured creditors of the Xeres Wine Shipping
uTPany, Limited.
wil,further dividend of 3s in the pound, making 7s
i 3 announced by Mr. L. H. Evans, the official
liquid ator of the Financial Corporation, payable on
Thursday next.
gt.4,_.Petition for the winding up of the North Stafford
vieceel,rou, and Coal Company is to be heard before
*
Chancellor Malins on Thursday next.
A dividend
be_ at the rate of 6 per cent. per annum has
,C" declared by the West India and Pacific Steam-
COmpany.
the le traffic return of the Metropolitan Railway, for
1891'
eek ending the 9th inst., shows an increase of
189 p as compared with the corresponding period of
woo, and the Great Luxembourg Railway for the
151 endigng the 9th inst., an increase of £1,900.
Tefel ° prospectus has appeared of the French Atlantic
Company, which, under the title of
du Cable Transatlantique Francais
a eai,tecl)," proposes to unite France and America by
far ,v 1: running direct between Brest and a point not
the'i; In New York. The concession was granted by
renoh Government to Baron Emile d'Erlanger, of
3,e11,,5)
,and Mr. Reuter, of London, exclusively, for 20
from
Sept. 1, 1869, while another has been
ia"„n
nod from the State Legislature of New York. It
60:',,,,°w proposed to raise a capital of £1,200,000 in
fo,o'no shares of £2O each, but subscriptions are invited
difkr! C 1,000,000, the 10,000 shares representing the
Paid :me° of £200,000 having to be issued as fully
The
ciln accordance with the terms of the prospectus.
t 4 eP°sit on application is £1 and a payment of
the re 04 be made on allotment; but the payment of
£l5 is divided into five instalments of
15th 14, the last of which will not be due until the
taaeo SY) 1869. Subscriptions arc opened, simul-
II 1181 Y with those in London at Paris, Berlin,
,'here
'here • •g, Bremen, Frankfort, and Amsterdam.
is eb.3 a London board, of which Mr. Robert Lowe,
also airman,aii, and a Paris board, while Paris has
euiiaonorary committee, of which among other
The 'lien M. Drouyn de Lhuys is a member.
• enertj,
elan; e Superintendent, the consulting electri-
the yer"n engineers and electricians are all men of
ion i,. first eminence and generally the undertak-
tic;:feirouglit out with all the advantages of sta-
Withou:lll, and character. The length of the cable,
anloeniu making allowance for slack, a sufficient
be °I which will be added, is 3,047 miles, and it
‘ionat, manufactured mid laid by the Telegraph
x 920 action and Maintenance Company for
4eurevu?, under conditions of payment that
era 'tB efficient working. The Great Ea • st-
b
Dottie e ployed in laying the deep.sea
sir 1), tinder the 1
large of Sir Samuel Canning and
thatknes
_ Anderson ; and it may be here mentioned
the wen
order to obtain greater power of transmission
ereas fit of Copper in the conductor has been hi-
d frog'eep..B,,_ 3001 b to 4001 b per knot. While the
at prev..a portion will be laid at similar depths to those
nieh, laid, the new line will take a route by
ban the risks of icebergs and anchorage on the
;hese but ,Newfoundland will be avoided. It is on
•akipe i'sarlits that all the accidents to the existing cables
at "aPPened. The annual income is estimated
fio
432 00 10 0, at the rate of £2 per message
at which rate it is estimated that the
',E;.a ex find constant employment, while the work-
uade Penses will not exceed £30,000 per annum.
that r th„ _ .
mat th, ve circumstances it is reasonable to expect
filvotira'j Undertaking which has already been
e will
'Aer3' received, will prove a profitable investment.
Xte tainly be a great encouragement to the more
ed us
e e of telegraphy between this country and
red States.

O'CLOCK.
t;
.BRITISII FUNDS—TWO
a ONERNMENT FUNDS.
931 i I
Per (lent
Di „ .Consols
94 3k n.
8r,,,,.',2 'or Account Sept. 8
p3i 41 ot
Istj,","' uent. Reduced'
941 31
lie.° 3 per Cent
Tr 21 per Cent. Jan. 1894
4., °•ts per Cent... Jan. 1873 ...
liii‘tri",,,Bo 7rs, expire sth Jan.,.. 1880.
D 0
ior dO yrs, expire sth April 188'5."
___— xd
tx,.l° (Red Sea Tele, raph), Aug., 1908.,,
13 I'm
hoquer Bills, .£l,OOO, 2 per et
-1)0.
77
t, Do. £5OO
_ o
.3,41.. £lOO & x 2.00
—7,
, 0,1 r:1,,,,1and Stock, 4i per Cent.
041 ; A.(,connt
(ttCent. Bonds
I in'. . '
2168 i
44,1 iv., urOVERNHENT SECURIT7Ir
bo .tOek, 10i per Cent., April 1874
60: 9PenitiF, for Accolim. t,
1144 15
fit :.)°o'. .
.4('l elPTeCri I IC(Ctitl .1.1.c.1t.Y:', B'6SBl)
1041
91
r)O2 n(t:lced Pape. 4 pr,r Cent
hi"; per Cent., Jan. 1R72
Do' '),:i Pr.r Cent., May 1879 —
Do,'-'I.)r Cent., Rup. Bob. 1872 .....
D°
de. 1877 —
HP
D • z , de.
11‘,...nub., ... per CA!Ilt. Aug. 1873
prl
Z'su- ends, 4 per Cent., £l,OOO
pin—
"o. under .41.000
0 CLUCK.
POItEIGN FUNDS —TW-
pin
Ar eu . ‘
~, tillo Repulie, 6 per Cent.
_
I.G..l..rittn p,,,,,, t
" 0 per Cent. 1859
_
Vlian 5 per Cent
_
ri3. 4 Per Cent 1852
_
"• do " 1858
On, •
1) (10.,
18 ;0
_
IN°. do
1863
..... 5 ••,
761
0 . Per
. tient., 1865
8,,_0u Account ....... :
z .BA.yres 6 per Cent ..................
' 2 per Cent. (Deferred 3 per Cent.; --