The Sun.
London, England, 1868-11-24 00:00:00

A,

MONEY MAREET

AND
CONAIEROIAL INTALLMSNOA,

CITY, Two o'CLocK.

Business to-day was a shade better, Consols im-
proved and in Foreign Securities ; Egyptain of
1865 have advanced per cent. ; ditto of 1868, ;
Chilian of 1867, I- ; Peruvian of 1865 and Spanish
of 1867, k ; and Turkish of 1865, 1-16. The Mos-
cow-Jaroslaw Railway Loan, however, has declined
i• In the railway shares we have to note an ad-
vance of i• in Metropolitan and South Easterns.

In the Foreign Market :the quotation are as
follows :—Brazilian of 1865, 77.1 to 781 ; Chilian of
1867, 93 to 97 ; Egyptian of 1864, 82 to I'4;
ditto of 1868, ilk- to b ; Italian of 1861, 553-
to ; ditto of 1868, 3to 4 prem. ; Mexican, 154
to j ; Peruvian of 1865, 81k to 1 ; Russian of
1866, 891 to 90 ; ditto Nicolai 651 to ; ditto
Orel, 80i to a ; ditto Mascow Jaroslaw 811 to
82 ; Spanish of 1867, 341 to 344 ; Turkish of 1858,
67 to 68 ; ditto of 1862, 67 to 68 ; ditto of 1865,
44 to I.
Consols are. 944 for money; ditto, for Ac-
count, 94 1 ; Three per Cents. Reduced, 921 ;
New Three per Cents, 921 ; Annuities, Jan.
1880, 12 5-16.

India Stock, 5 per Cent., July, 1880, 116 16i
161 ; ditto, Enfaced Paper, 4 per Cent., July, 1880,
91f ; ditto, 5 per Cent., Jan., 1872, 104 ; ditto,
5} per Cent., May, 1879, 1104 ; ditto, Bonds
£l,OOO, 11 prem.

in Railway Shares London and North-Western
are 1121 to 113 ; Great Western, 491 to ; Mid-
land, 112 to 4 ; London and South-Western, 87} to
881 ; Great Eastern, 42i ; Brighton, 481 t ;

South-Eastern, 79i 80 ; Metropolitan, 106 to 4 ;
Great Northern, 1051 to 6 ; ditto A, 105 to ;
Caledonian, 75 to I; London, Chatham, and Dover,
17 to 4 ; Lancashire and Yorkshire, 1281 to i; and
Manchester add Sheffield, 47i to 48.
Some of the Foreign Securities are in request at
an improvement.

In Bank Shares yesterday's prices are maintained.
City is marked lli to 124 ; London and County
504 to 514 ; London Joint Stock, 341 to 4 ; Lon-
don and Westminster, 66+ to 67i ; Union of Lon-
don, 361 to i ; Anglo-Austrian, 7 to 7i prem. ; and
Imperial Ottoman, lf to prem.
In miscellaneous shares Anglo-American are now
224 to 22} ; National Discount, Ili to 121;
General Credit, 1i to 14 dis. ; International, 11 to
1 dis. ; Hudson's Bay, 14+ to. 14i ; Telegraph
Construction, 15f to 151; Atlantic Telegraph
Eight per Cent. Preferential, 3f to 4.
The mail steamer Hipparchus, from Liverpool,
has taken £21,000 for Brazil and the River Plate
The steamer La Plata, at Liverpool, brought £2,000
with later dates from Bahia, when there was no
alteration in produce or exchange.
Letters from St. Petersburg allege that the
.
bonds of another Russian railway will probably
800 n be offered in London and Berlin. The
amount is equal to £1,716,000 sterling, with an
absolute guarantee of the Russian Government of
5 per cent., and of 1-10th per cent. for a sinking
fund.

The following is from the Hon. Secretary of the
Defence Association of the Cavour Canal Septen-
nial Bondholders The Committee of the Stock
Exchange acceded to.the application of the Defence
Afisocial of the Cavour Canal Septennial Bond-
holders for a postponement of the quotation of the
Tobacco Loan. This significant act on the part of
the Committee was adopted to give weight to their
negotiations with the Government for a satisfactory
adjustment of their claims upon it. To those
Claims, as the bondholders are this day apprised by
telegraph the Government has actually assented.
The decision of the Stock Exchange has thereforg
had its effect."
The following telegram has been received from
Gen. Abbott, the agent of the Delhi Railway, to
the chairman

" Manila, Nov. 17.
" Viceroy formally opened line Meerut to Urn-
balla on 14th with great éclat. Agent escorted
Viceroy from Umballa to Ghazeeahud on IGth. All

It appears that an application made to the Chief
Clerk of the Master of the Rolls, by the official
liquidators of the late Birmingham Banking Com-
pany, for leave to pay the final dividend of 3s. in
th 3 pound, was granted. The amount realised
from the last £lO call was £249,000, and, after
Payment of the dividend and the collection of the
remaining assets, it is estimated that a conside-
rable amount will be returned to the contributo-
ries.

Plans have been submitted to the City Corpora-
ti▪
on fur connecting Billingsgate Market with the
existing and projected railways around London.
The proposals include an extension of the Metro-
politan District Bailway, along the foreshore of the
river to Billingsgate, and from thence to 'rower-
Lill to join the Metropolitan (Eastern Extension).
A road along the new line of embankment from
Adelaide-place to Billingsgate, and a continua-
.l▪
0/1 of the low level sewer by the same route,
instead of inland, as now proposed, form part of
the plan ; and it is intended to apply to Parlia-
luent next session, the usual deposits being made
this month.

Yesterday Sir Charles Jackson and Major
I‘l'Leed Innes, the Commissioners appointed by the
(3.overnment to inquire into the causes which led to
the gigantic failure of the Bank of Bombay, re-
sumed the inquiry at the India Office, Downing-
street. The first witness called was a Mr. Fleming,
WllO gave evidence as to a loan from the bank.
'lr. Donald Robertson had held several appoint-
toents at the Bank of Bombay, being deputy secre-
tary and officiating secretary. It appeared that
loans had been made on the security of one name.
The result of the inquiry, which will last some days
longer, when concluded will be reported to the Go-
vernment.

The statement that the costs of the liquidation of
the Bombay and Mediterranean Bank have
amounted to £10,400 is not correct. This sum
(the total disbursement by the liquidators) includes
£2,786 remuneration and compensation to late
officers of the bank in lieu of notice, &c , besides
solicitors' lien, rates, taxes, interest on mortgage of
Clement's-lane premises, and many other sums
Which cannot be designated as costs of the liquida-
tion.

The New York. Evening Post of the 9th instant
denounce in unequivocal terms the managers of
the Erie Railway Company, and states that their
conduct " appears clearly to constitute a conspiracy
to defraud." It compares their proceedings with
'lose of certain previous operators by whom large
Undertakings have been ruined, and suggests an
appeal to the criminal courts, while apart from any
Points that could technically be established, it calls
upon the public opinion for some adequate mani-
festation on the subject. According to the latest
adviees, the share capital, which stood at
1317,000,000 at the end of 1867, has been in-
creased by surreptitious issues to $60,000,000, and
ere seems to be no power on the part of the
‘nruined investors to obtain information, or to inter-
pose any real check to the process. Report alleges
that none of these issues were for any requirements
of the line, but that the whole were made simply
to heat down prices in the face of other speculators,
nn were buying for a rise, and also to obtain con-
trol of
the property.

BRITISH FUNDS-CLOSING PRICES.

° n
Per GOVERNMENT FUNDS.
Cent. Consols
94
±
Ditto for Account, Dec. 1
1 I-
-8 per Cent. Reduced
9221 1
per Cent
Nam 21 per Cent. Jan. 1891
-De. or 30 yr 9, expire sth April 1885 —
Do (Red Sea Tele, raph), Aug., 1908 —
txelicquer Bills, £l,OOO, 2 per et
Do.—
Do
£5OO
& £2OO —
B.tak of England SZlootock, 4 per Cent
Do. accoutit
Canada 4 per Cent. Bonds
14ter-Colouial Utnnium
, INDIAN GOVERNMENT SECURITIES.
"Ilia tock, 101 per Cent., April 1874 —
Do. Opening, for Account —
D%
Do per Cent.
Oct
1880
4 pet. Cent., Oct. 1888