The Sun.
London, England, 1868-12-18 00:00:00

u °NEI MAJLIET

AND
CO .'frj.ERMAL I24I:2LLICFANCZ,

CITY, Two o'CLocx.
Business to-day had a downward tendency, and
in the foreign market Turkish, Italian, and Greek
securities experienced a fall. In railway shares
prices, with very trifling exceptions, remained as
last quoted. The demand for money is active, and
the rate still keeps up to 21 to 3.
Consols are 92k 1 for money; Three per Cent!
Reduced, 921 1 ; New Three per Cents, 921 e ;
ditto 5 per Cent., Jan., 1873, 1031; ditto Annui-
ties, April, 1885, 121 ; Bank of England Stock, 4
per Cent., 240 1.
India Stock, 101 per Cent., April, 1874, shut ;
ditto, 4 per Cent., Oct., 1888, 1021 ; ditto Enfaced
Paper, 4 per Cent., 91 1; ditto 5 per Cent., Jan.,
1872, 104 k ; ditto, 51 per Cent., May, 1879,
1091.
In the Foreign Market Stocks are going down.
Peruvian Five per Cents. have fallen Z, Turkish
Five per Cents. 5-16, and Italian Five per Cents.
and Greek Bonds 1. The prices are now :—lta-
lian, 561 561 ; Greek, 111 12 ; Mexican, 15 151 ;
New Spanish Three per Cents., 321 32Z ; Peru-
vian, 791 80 ; .Turkish Five per Cents., 381 384 ;
and Egyptian Seven per Cents. of 1868, 73Z 741
The Honduras Loan stands at 90 901.
Italian Scrip is 31 3i prem. ; the Charkoff-Azof
Railway Scrip is 1 lower, at 2 11 dis. ; and the
Charkoff-Krementschug Loan has dropped q, to 4
1 dis.

In the Railway market business is very dull.
Caledonian are better, Metropolitan /, Brighton
; London and North Western, Great Western,
and South Eastern are lower. The quota-
tions stand thus :—Caledonian, 731 4 ; Great
Western, 48 / ; Great Eastern 41 4; Great Nor-
thern, 106 7 ; ditto A, 1081 4 ; Lancashire, 1274
81 ; Metropolitan, 10l! 21 ; Midland, 1114 12/ ;
Sheffield, 471 4 ; Brighton, 481 9 ; North Bri-
tish, 32 3 ; North Western, 111 k 12 ; North
Eastern, 991 ICO ;;South Eastern, 784 9 ; Chatham
and Dover, 161 17.
American Five-Twenty Bonds have improved
4., the price being now 741 741 ; the Bonds of
1885 steady, at 72j, 731 ; and the Ten-Forty
Bonds, at 71 71/.
Atlantic and Great Western Debentures are 40/
404 ; -and the Consolidated Mortgage Bonds, 41k
; Eries are also unchanged at 27 271; and
Illinois Central Stock is 4 better at 96 961.
Anglo-American Telegraph are marked 214 to
211 ; the Eigh tper Cent. Preference shares at 34
to 3g ; the original stock at 28 to 29.
The sum of £B,OOO in gold was taken to the
Bank of England yesterday.
The figures in the return for the week ending the
16th inst. from theßankers' Clearing-house are :
Thursday, Dec. 10th, £8,311,000; Friday, 11th,
£9,414,000; Saturday,l2th, £10,889,000; Monday,
14th, £9,821,000 ; Tuesday, 15th, £25,927,000 ;
and Wednesday, 16th, £10,546,000 ; total for the
week, £74,908,000.
An interim distribution of 10s. per share is an-
nounced by the Imperial Ottoman Bank, payable on
and after the Ist of January next.
Mr. James Williams, of the Great Western Rail-
way, has been appointed secretary to the Midland
Railway Company.
'

A meeting of the shareholders of the National
Discount Company (Limited) is called for the 20th
of January, for the declaration of a dividend.

On the 13th of October last it was stated that an

attachment had been issued in the Lord Mayor's
Court at the suit of the North Australian Company
against the property of the Government of South
Australia in England. An order has now been
issued discharging that attachment.
The Master of the Rolls has ordered a further
dividend of 6d. in the pound to be paid on the 21st
last. by the official liquidator, Mr. R. P. Harding,
to the creditors of the Joint-Stock Discount Com-
pany (Limited), making, with previous dividends,
158. 6d. in the pound.
The Master of the Rolls has appointed Mr. Fre-
derick Whinney, of the firm of Harding, Whinney,
Gibbons, and Co., official liquidator of the United
Service Company (Limited).
A meeting was held yesterday with the :view of
establishing a Shareholders' Protection Associa-
tion ; Mr. Henry Brookes in the chair. After
Some discussion, resolutions were adopted declaring
the necessity for such an association, in order that
shareholders might obtain intelligence respecting
companies in which they were interested, procure
the best legal advice; and institute prosecutions in
case of well-ascertained frauds. A committee was
appointed to carry out the objects of the meeting.
The Stock Exchange Committee have appointed
Tuesday, the 22d instant, a special settling day in
the serif) of the Charkow Krementschug Railroad
Nest
5 per cent. loan for £716,000, and the
West Wisconsin Railway Company's 7 per cent.
lean for £200,000, both of which are to be marked
ill the official list.

The Committee of the Stock Exchange yester-
day decided that the Italian tobacco loan should be
~(Iftnially quod, the oppotion on he part of th
'talian Irrigation Company and the Sardinian rail-
e
Ways having been withdrawn, the latteron a satisfac-
tell intimation from the Minister. One of those
Interested complains, however, that the grievances
Of the shareholders of the Roman Railway, which
Were again placed before the committee, were
Wholly ignored—a circumstance, he considers, fatal
t'o the future maintenance of rule 57 of the Stock
.n.zchange.
It is notified with regard to the Russian 3 per
Cent Loan of 1859 that no answer has yet been re-
turned co the question, " Has the promised oinking
'nnd of 1 per cent. been annually laid out by pur.
chasers in the open market ?"
The return from the Bank of England for th
'4onk ended the 16th December gives the following
re
alts when compared with the previous week
Ileat
I'l,l
otter deposits
er 453 ... Increase .. 364,152
tho other side of the account :
°j'Arnment securi-
Otil," £14,074,874 ... Decrease £1,000,000
Iszo,:r securities 17,494,978 ... Incre`ase 116,419
TL( I unemployed 9,176,515 ... Increase 612,670
Oe amount of notes in circulation is £22,724,675,
being a decrease of £75,465 ; and the stock of
Pry
in both departments is /18,158,315, showing
,s 4 increase of £316,646,. when compared with the
Vt.eceding return.
of Bobioined is a comparison of the present position
'the Bank of England and the prices of Consols
year Prench Rentes with the corresponding week of
'l4t Y:—

At Present. Same Week
last Year.

Bull

......_ .....,....
b..ition
.£18,158,315 ... X 21,910,709
Serve Isl. e
et„a in circulation 22,724,675 ... 22,888,620
r,4to of discount
,otisol
921
pr s
A itch Routes 7of. 27c. 68f. bsc.
th'.4 extraordinary meeting of the proprietors of
„e East London Bank (Limited) will be held on
for the
24th inst., when resolutions will be subm
"itted
changing the name of the undertaking, to the

Central Bank of London (Limited), for reducing
the capital and altering the regulations contained
in the articles of association.

The directors of the Scinde Railway Company
have issue l their report for the half-year ending
the 30±June last. The receipts of the Scinde Rail-
way in that period amounted to £58,428, 9s. Id.,
and the working expenses to £38,974 13s. 3d., leav-
ing a net revenue of £19,453 15s. 10d. The work-
ing expenses in the half year amounted to 64.19
per cent. of the gross receipts.