The Sun.
London, England, 1868-10-30 00:00:00

NIONEY iMARiiET

AND
OONMERCIAL iNTZLtafriiANot,

CITY, Two o'CLoci.
The business in the Stock Exchange to-day was
steady, and yesterday's prices were maintained,
notwithstanding the large transshipments of specie.
In the railway market prices in some instances de-
clined, but not to any very material extent. There
Is a slightly increased demand for discount. The
rate has risen k per cent—viz., to 11 to li. The
charge for loans i❑ the Stock Exchange is 1 per
cent. The Stock Exchange will be closed on Mon-
day.

Consols are quoted 911 1, and,for account, 941 ;
Three per Cents. Reduced, 931 92Z- ; New Three
Per Celt, 931 928 ; do. 21 per Cent., 1891, 76 ;
Exchequer Bilk 17s. prem.
The market for Foreign Stocks is active. Italian
Five per Cents. show a further rise of 3-16, New
Spanish 8, and Turkish Five per Cents. are* better.
Mexican Bonds and Peruvian Five per Cents.
have declined The quotations are :—ltalian,
,
; Mexican, 16 1 ; New. Spanish, 31 1 ;
Turkish
41i- 2 ; Greek, 124 13 ; Peruvian, 821 4 ;
and New Egyptian Seven per Cents. of 1868,
73.4
India Stock, 5 per Cent., July, 1880, 1144 15 ;
ditto 4 per Cent., October, 1888, 103 24 ; ditto
Debenture 4 per Cent. Bonds, £l,OOO, 16 19 ; and
ditto, under £l,OOO, 19.
The Honduras Loan is firm at 91, 92.
The scrip of the Italian Tobacco Loan is steady,
at 24 to -1
In the railway market prices have slightly given
'way. In Midland, South Eastern, and Metropoli-
tan Stocks a fall of / to 1 has taken place. Caledo-
nian, however, is 1 better. Price are quoted as fol-
lows London and North Western 1118 1121 ; Great
Western, 481 to II- ; Midland, 1121 to a ; Lon-
don and South-Western, 871 to 881 ; Great
Eastern, 41 to 1 ; Brighton, 504 to 51 ; South
Eastern 78 to 1 ; Metropolitan, 105 k to 8 ;
Great Northern, 104 to 105 ; ditto A, 104, to 1051;
Caledonian, 72 to 1, ex dist Lancashire and York-
shire, 1288 to 8 ; London, Chatham, and Dover,
ehto ; and Manchester, Sheffield, and Lincoln-
irel 474 to I.
_ Great Indian Peninsular Railway New Four per
Cent. Debenture stock is 918 958.
United States Five-Twenty Bonds are 1 per
!ant, better, at 731 to 1 ; Erie Railway Shares,
27i to 28, showing a decline of 18 ; Illinois Cen-
tel, 964 to 971 ; Atlantic and Great Western
Debentures, 36-1- to 371 ; and the Consolidated
Mortgage Bonds, 38-, to 394.
Bank shares are steady. London I and West-
minster, 634 to 611 ; London and County, 4'4
to 494 Union of London, 334 to 311 ; Anglo-
Austrian,
6// to 7 prem. ; Imperial Ottoman, 1/ to
Prem. ; and Consolidated, 1 to 8 prem.
There is no change in Miscellaneous shares.
The sum of £41,000 in sovereigns has been with-
drawn from the Bank, principally for India.
The Board of trade returns for the past month
corroborate the indications from other sources
already remarked upon of the gradual improve-
eat in the commerce of the United Kingdom.
They show an increase of £781,656, or about 5
Per cent, in the declared value of our exporta-
tions compared with tie corresponding month of
414 year.
Messrs. Baring Brothers and Co. have received
the_ following remittances on account of New
Granada dividends :—From Custom-house, Santa
Marta, £37 ; Cartagena, £1,273 ; Bogota, £2,639
making a total of 13,919.
The prospectus of a new Five per Cent. Loan of
the Charkof-Azof Railroad, guaranteed by the Im-
Denial Russian Government, will be issued next
Week. The price of the bonds will be 80 per cent. ;
reduced, however, by accrued interest and rebate of
interest upon anticipated inst dments, to 788.
It Was stated yesterday, as a new feature, that a
Considerable amount of Portuguese Internal Stock
Was offered for sale on the London market.
News has been received that a new Spanish 6
Per cent. loan for £25,000,000 sterling, at 80, re-
deemable at par by annual drawings during 20
Years, will be forthwith introduced. "
In addition to the redemption of Egyptian bonds
mentioned yesterday for 1869 the sum of £500,000
of the Railway Loan (being one-sixth part of that
loan) is also to be paid off on the Ist of January
next.

Attention is called to the circumstance that the
,Course of post between this country and New Zea-
land and Australia, via Panama, has now been re-
duced to less than four months, replies to the let-
ters
1, which left Southampton on the 23 of July
haying been received on the 27th inst., a period of
°4IY 117 days. Of this 22 days and 9 days respec-
tb?elY were afforded in New Zealand and Sydney
foranswering letters, the time occupied on the
o_
ugh voyage each way between Wellington and
Southampton being 47i days, and between Sydney
44e1 Southampton 54 days.
At the meeting of the South African Mortgage
and Investment Company yesterday, it was stated
that the liabilities and expenses were being steadily
induced, and that the shareholders may eventually
ok for a return of £3 per share.
A meeting of the Port Phillip and Colonial Gold
I,lling Company was held yesterday, when a reso-
lution was passed for registering the company un-
der the
Act of 1862, with the view of reducing the
uuealled liability of the shareholders from £4 to £1
l'er share. A distribution of is. per share will be
blade at the end of the month.
At the annual meeting of the Gas Meter Com-
-13411Y a dividend at the rate of 10 per cent. per
"sum was declared.
At the annual meeting of the Liquid Meter Com-
-131,443' the report stated that the meter had received
tTle approval of several hydraulic engineers, and
at the company would in a short time be in
position to manufacture it on a large scale.
‘dthi.4.ll:ratitaed.. meeting yesterday of the shareholders of
Chontales Gold and Silver Mining Company
Lord Nelson in the chair—the general
telaeussions and reports were satisfactory, showing
Ilewel confidence in the enterprise and the ma-
:gement at the mines. Mr. Belt's estimate was
bisidered to be based upon practical and reason-
eie ° grounds. The retiring directors were re-
d;t ted, and a vote of thanks to the chairman and
r_ecters terminated the proceedings.
Iv Ile return from the Bank of England for the
reetiek ended the 28th of October gives the following
ze:tits when compared with the previous week
pull{ £3,091,978 ... Increase ... £4,123
Other deposits
deposit
Q"'olleh others side of the account :_
tr securi-
th's .............
kt:nl. securities 15,705,432 Decrease 176,216
1,112 unemployed 9,574,350 Increase ... 217,165
amount of notes in circulation is £24,175,880,
btlinrg a decrease of £317,910 ; and
.the stock of
I°4 in both departments is £19,844,861, showing
ecrease of £102,313 when compared with the
e:eding return.
of Subjoined is a comparison of the present position
4iiciupe Bank of England and the prices of Consols
last year rench Rentes with the corresponding week of

Balllion ..
Same Week
At Present.
last Year.
£19,844,861 ... £22,697,388
Reserve
....................
10,668.981 ... 13,012,533
motes in •• •••
21 175,880 ... 21,654,855
of disco t ...
2 ' cent. ... 2 per cent.
eo„__,3 un ...... pera
French"" ....... 94„ 94i
Routes ......... 70f. 45c. 67f. 70c.