The Sun.
London, England, 1868-10-28 00:00:00

ti 0

A ND

;10MITERCIAL LIATELLIGEIV.;2:.

CITY Two o'CLocK.

,
Eusiners to-day in the Stock Exchange was tl3

Consols receded about per cent. ; and in the
Foreign Market Russian Railway Securities fell
earlY per cent., the loan below mentioned being
the ca„,e.
Railway Shares also part ook of the
general decline. The rate of discount is 11 to
the home.
Per cent., and 1 per cent is the charge for loans in

Consols are 94 for money and the account,
the Three per Cents. Reduced and New New Three
Per Cents., 94 to 93.
In Foreign Stocks Orel Vitebsk have re-

Ceded per cent. ; Moscow Jaroslaw, i ; Nicolai,
4 ; Turkish of 1862 and 1865, 1 ; and Mexican
and Peruvian of 1865, 1; Egyptian of 1868, how-
ever, have improved 1. Prices are as follows :
lirailian of 1865, 781 to 791 ; Chilian of 1867,
dt°9s ; Egyptian of 1864, 811 to 82/, ex div. ;
to 'a
ultt° of I``-68, 721 to I; Italian of 1861, 531
4 ; Mexican, 151 to 161; Peruvian of 1865,
811 to 8 ; Russian of 1866, 90/ to I ; ditto Nicolai
''ailway Loan, 671 to 681; ditto Orel, 811 to 82/,
ex div. ; ditto Moscow-Jaroslaw, 824 to 831 ;
Spanish of 1867, 331 to 1; Turkish of 1858, 674 to
°Bl ; ditto of 1862, 694 to 701 ; and ditto of 1865,
41* to A
Indian securities are quiet. Bank Stock, 243 to
245; and Exchequer Bills, 17s. to 21s. prem.
The Scrip of the Italian Tobacco Loan is quoted
at; 28 to 1 prem.
The Honduras Loan is firm, at 91 92.
In the Railway market Caledonians are 1 bette,
!3.1d Great Western 1. Great Eastern are / lower
Great Northern A 1, Metropolitan 1, Sheffield
"th British 1, and South Easten /.
The quotations are :---Caledonian, 714 2; :
Great Western 481 1; Great Eastern,
44 to 4 ; Great Northern, 107 to 1071 ;.
ditto A, 106 1 ; Lancashire, 1281 1284 ; Metro
Politan, 1051 4 ; ditto Extension, 1031 41 ;
Midland, 113 1131 ; Sheffield, 471 8 ; Brighton,
614 ; North British, 31* 321 ; North Western,
,112 i 8 ; North Eastern, 991 1001 ; South Eastern,
'Bl 2 ; Chatham and Dover, 171 1.
Metropolitan Dittrict Railway stock is 721
741.

Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 94i 95i. A call of 25
Thursday,.
Cent. Debenture stock of this Company on
khursday, the 22th inst., making £5O paid.
Bank Shares are without variation.
United States Five-Twenties Bonds are per
cent. lower, at 73 to 4 ; Erie Railway shares, 28
.„_t° ; Illinois Central, 97 to ; Atlantic and Great
Western Debentures, 371 to !I ; and the Consoli-
dated Mortgage Bonds, 39 to I.
In Miscelleneous Stocks, International Finance
shares have been dealt in at 34, National Discount
at 114 12, Peninsular and Oriental Steam at 54,
loyal Mail Steam at 52, East India Irrigation at
48i, General Steam at 29, and Hudson's Bay at
15

The Stock Exchange will be closed on Monday
hest, the 2d of November, the day fixed for
Striking, the half-yearly balance at the Bank of
.r.angland, where the transfer offices will also be
shut.

Advices just received confirm the intelligence
of the wreck of the Reiver steamer, from Cal-
cutta for Hong Kong, with a cargo valued at
£300,000, on the reef near Preparis Island, on July
19. Both ship and cargo were insured in the Cal-
cutta offices to the amount mentioned, and are con-
sidered as a total loss.
The New Zealand and Pacific mails, bringing
Bfonie to the value of £139,235, and the City of
London, from New York, has reached Liverpool,
with a small parcel, value £2,000.
The steamer Ville de Paris has arrived at Brest,
11c31 New York, bringing £37,400.
At the half-yearly meeting of the Cape Railway
9041pany, a dividend was declared upon the pre-
ference shares at the rate of 6 per cent., and upon
the ordinary shares ht the-rate of 4f per cent. per
annum.
At the half-yearly meeting of the Singapore Gas
C.-

13111pany a dividend was declared at the rate of 7

Per cent, on the preference, and at the rate of 4 per
cent. per annum on the ordinary, capital, both free
°f jecorae tax.
ts At the, meeting of the Continental Union Gas
,k;nrtipany a dividend at the rate of 7 per cent. on
'he preference, and at the rate of 5 per cent. on the
(3ditlary shares was declared.
, Anotherßussian loan, to the amount of £4,000,000,
understood to be ready for introduction. The
"Ids of the Charkoff-Azof Railway Company,
with, the Imperial guarantee, will be issued in a few
the
by Messrs. R. Raphael and Sons. This line,
'no earthworks of which are said to have been
nearly executed by the shareholders' capital (about
Q 2,000,000), is expected to be opened in the course
13s1 next year, completing the communication from
„oral to South, and connecting St. Petersburg and
lga with Taganrog and Rostoff. There is nothing
to
RI be said against the enterprise in a commercial
f!oint of view, but the question is whether the Eng-
-14, h capitalist is prepared to neglect every other
naannel of adventure in order to supply Russia
with all she requires in this respect. The new
loan,
it is said, is to be issued at a price con-
al erably in excess of that of last month ; but as
that loan has attained 5 premium, there will be no
difficulty in such an arrangement. English capi-
talists, smarting from the panic of 1866, would now
refuse to embark a single shilling in a new joint-
Iltock company, whatever might be its character or
Prospects. But their folly is only turned from one
direction to another; and they will for the present
Pour out money to Russia or to the Australian
Colonies with as much eagerness as they formerly
manifested when they were subscribing to finance
shares,

A prop is said to ve beenived from
the Italian Government in relation toe its liabili-
titB on the Cavour Canal. It embraces payment
rinterest on the obligations and shares, but leaves
Pe shareholders to provide for that on the bonds.
For the half-years' interest overdue (£l5) new
,obligations would be given with a small bonus.
&he shares under the circumstances would yield a
l'etnrn of only about 2i per cent., although, issued
lloder a formal authority from the Sella Adminis-
tration with a guarantee of 6 per cent.
Kerr von Grabow, of New York, has been ap-
pointed to the post of Consul-General of the North
German Confederation at Caracas, the capital of
Venezuela. There being numerous holders of
Venezuelan Bonds in Germany, it is presumed
that he will be instructed to support the claims of
the Venezuelan bondholders, as a memorial to
that effect was addressed to Count Bismarck some
time ago.
The Diario de Rio de Janeiro of the Ist inst. con-
the news of the return of Mr. Washburn, the
United States' Envoy, from his mission to Para-
-4114Y on board the Wasp. He had addressed a
pretest to President Lopez for having seized and
detained two members of the Legation in the
streets of Asuncion, while on their way from the
negation to embark in the United States' steamer.
1,,f all the foreigners in Paraguay, only one, a
rench musician, was understood to be free at the
date of Mr. Washburn's departure. Among them
lire about 100 Italians, 50 French, and several E ug-
a:ll, an engineer and two physicians being included
ttiong the latter.

BRITISH TI7NDS--TWO O'CLOCK.
8 GOVERNMENT iI;NDS.
Per Ceut. Consols
-Ditto for Account, Nov. 5
9302
lieut. Reduced
w 3 per Cent
"OW
b 0.2 t 1 per Cent. Jan. 1834
or 30 yrs, expire sth April 1885 —
E Do (Red Sea Telegraph), Aug., 1908 —
It'lacquer Bills, £l,OOO, 2 per tit — pm
.1)0.
.£5OO
bo•£100 & £2OO lB pin
/3 tak.of England Stock, 4 par Cent
e t)0 account
;Ituada 4 per Cent. Bonds —
-Later-Colonial Uranium
i INDIAN GOVERNMENT SECURITIEe.
krtdia stock, 10 per Cent., AprillB74 ,
1)0• Opening, fox Account —