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

DI 0 la R E T

AND
00.IMERCIAL INTRLLiCtA

CITY, Two o'CLocK.
The Government Securities have not maintaine I
their yesterday's price, although the fall is but
trifling. The fall has doubtless been occasioned
by the arranging for the settlement, and, that being
accomplished, prices will recover. The foreign
market is firm, but railways have in some instances
improved. The rate of discount is now 1/ to 2 per
cent.
Consols are 941 e -1 for money ; Three per
Cents. Reduced, 921 f ; New Three per Cents,
921 / I ; !Exchequer Bills£soo, 2 per Cent., 18
prem. ; and Bank of England Stock, 4 per Cent..
246 4.
In Foreign Stocks there is a reduction of 1 per
cent. in the Orel Vitebsk Loan, the price being 80/
to 811. Greek has receded 1, to 121 13. New
Spanish Three per Cents, and Turkish Five per
Cent. Bands are / better, at 431 341, and 421 421
respectively. Italian Five per Cents. remain firm
at 551 a ; Mexican Bonds, at 15416 ; and Peruvian
Five per Cents. of 1865, at 81/ 82.
India Stock, 108 per Cent., April, 1874, 217 ;
ditto, 5. per Cent., July, 1880, 1141 151 ; ditto, 4
Per Cent., Oct., 1888, 103 2/.
Egyptian Seven per Cent. Loan of 1868 is
731 731.
The Honduras Loan is firm at 91 92.
The Scrip of the New Italian Tobacco Loan is
firm, at 21 21 prem.
The Scrip of the New Russian Railway Loan is
firmer at 1 1 prem.
In Railways London and North Western, Great
Western, Great Eastern, and Metropolitan Stocks
have declined 1 toe per cent., but Caledonian and

London, Chatham, and Dover haveimproved 1. The
quotations are :—Caledonian, 73141 Great West.2rn,
49H ; Great Eastern, 421 to 31; Great Northern, 105
106 ; ditto A, 1044 to ; Lancashire, 127 81 ;
Metropolitan, 1054 4 ; ditto Extension, 1031 4 ;
Midland, 1111 to / ; Sheffield, 471 to 8 ; Brigh-
ton, 491 to 50; North British, 321 to / ; North
Western, 1111 1; North Eastern, 994 100} ;
South Eastern, 77/ 8; Chatham and Dover, 161
171.
Metropolitan District Railway Stock is firm at
72 721.
• Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 941 95g.
American stocks are dull. The 5-20 Bonds are
per cent. lower, at 731 to 1. Erie Railway
Shares, 27 to 1 ; Illinois Central, 961 to
Atlantic and Great Western Debentures, 36/ to
371 ; and the Consolidated Mortgage Bonds, 31i
to 39.
For miscellaneous shares the prices stand as
follows : —General Credit, 24 1 dis. ; International,
1 3-16 to 1 1-16 dis. ; Hudson's Bay, 14i 4 ; Tele-
graph Construction, 151 4 ; Atlantic Telegraph
Eight per Cent. Preference, 3.1 4 ; and Anglo-
American, 21/ 22.
The statement that the claims upon the North-
Western Railway Company arising out of the
Abergele accident
_have been settled is without
foundation.
An interim dividend at the rate of 10 per cent.
per annum, free of income tax, has been declared
by the directors of the Otago and Southland In-
vestment Company.
The Port Phillip and Colonial Gold Mining Com-
pany, having been registered as a limited company,
have convened a meeting for the 19th inst., to pass
the necessary resolutions to reduce the share capi-
tal and liability.
The advices from the provinces are rather more
favourable to trade. The value of money is gra-
dually working up in Manchester, Liverpool, and
Glasgow. The bankers are not so ready to make
advances at the late rates, and many parties have
endeavoured to arrange for loans forward. Until
it is ascertained whether the Bank directors will
carry the 'official minimum / per cent. higher to-
morrow there will be a disinclination to adjust any
important transactions.
With reference to a memorandum from the Com-
mittee of Venezuelan bondholders, inserted on the
7th inst., the following note has been forwarded by
the. Venezuelan Consul for publication :
" Foreign-office, Nov. 7, 1868.
" Sir—l am directed by Lord Stanley to state
to you, in reply to your letter of the 6th instant,
that the mixed commission now sitting at Caracas,
and alluded to in the notice to British subjects
having claims against Venezuela, has reference
only to ' international claims,' and has nothing to
do with the claims of the British bondholders on
that Republic. —I am, sir, your most obedient
humble servant,

" JAMES MURRAY.

" F. H. Hemming, Esq., 25, Moorgate-street."
Extraordinary statements are forwarded at in-
tervals to the various New York journals regard-
ing silver discoveries in the State of Nevada. These
are treated with proper reserve, but there seems to
be no doubt of the remarkable character of the
district. According to a regular correspondent of
the New }ork Journal of Commerce, a new ex-
citement has just been occasioned by rich disco-
veries at a place called White Pine, Lander county,
about 100 south-east of Austin.
Nothing further than that we have already pub-
lished has transpired to show that the rival
Brighton scheme has any very solid foundation.
The representation is that it is to cost only
£1,333,000 (£1,000,000 share capital, with the
usual borrowing powers), but this does not pro-
vide a metropolitan terminus, which is only to be
gained by asking for running powers over an exist-
ing metropolitan line. Looking at the enormous
outlay incurred by the existing company in Parlia-
nleotary expenses and requirements, it will be a
question for Parliament how far a grant can be
justifiably given to new parties on less onerous
terms.

The following prices were obtained at public
Bale at the Open Stock Exchange (Limited) yes-
terday :—City Discount Company (Limited), £5
paid, 20s. per share ; City of Milan Improve-
meats (Limited), £3O fully paid, 7 9-16 per
share ; City of MOscow Gas Company (Limited),
Bonds £2O each, 8 per cent. interest, 10/ per
bond ; Consolidated Land Company
of France
(Limited), ponds £2O each, 6 per cent. interest,
redeemable 1874, 4.1 per bond ; Consolidated Land
Company of France, £2 paid, 12s. 9d. per share ;
Hercules Insurance Company (Limited). £2 paid,
108., 10s. 6d. per share ; Hodges's Distillery Com-
pany (Limited), £25 paid, 81 15-16ths per share ;
Poyaisian Land Awards (Mosquito), Ils. 6d., 12s.
Per 1,000 acres; Royal Swedish Railway (Ordi-
llarY), £5 fully paid,•2s. Bd. per share; ditto Seven
Per Cent. Preference, L 4 fully paid, 10s. 9d. per
share;
Simpson's (Limited), £2O paid, £lO per
cent.
; Westminster Improvements Commission
£5OO Bonds, 7.15-16ths £8 per bond.

BRITISH FUNDS—CLOSING PRICES.
GOVENMENT
a Per Cent.R Consols FUNDS.
94 i I
Ditto fbr Account,.Dec. I.'
,Pe Cent. Reduced 92-i I 1
Pie v 3
per Cent
.41 1
New 21 per Cent. Jan. 1894
Do. ior 80 yrs, expire sth April 1885 —
Do (Red Sea Telet,raph), Aug., 1908 —
Elehequer Bills, £l,OOO, 2 por Ot — pm
Do.
£5OO
B in
Do.
£lOO & £2OO — pin
kof Do• ac count England Stock, 4 por Cent
Canada 4 per Cent. Bonds ....
later-Colonial Umnium
~ INDIAN UOVERNMENT SECURITIES
India Stocir, 10/ per Cent., April 1874 217
Do. Opening, for Account
Do. 5 per tient. July, 1880
. .1 per Cent., Oct. 1888
Do. Certificates Do. Enfaced Papei 4 per Cent
Do. 5 per Cent., Jan. 1872 lO5l
Do. 5/ per Cent., May 1879
Di 5 per Cent., Eup. Deb. 1872 —
Do. do. 1877 —
Do. do. 1882... ......
Du. Deb., 5 per Cent Aug. 1873 ~....
Do. Bonds, 4 per Cent., £1 000 ... ...... pm
, Do. under £l.000
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
A ni
Do., Scrip £45 paid ..
an 5 per Cont.ClBs9