The Pall Mall Gazette from London, Greater London, England • 9

January 26, 1888. 9 PALL MALL GAZETTE. LOR ilial meeting was held at Cannon-street Hotel yesterday afternoon, 0f the London L.namcer 01 commerce, to near a paper reau the THE ARREST OF MR. BLAINE, M.P., AND FATHER McFADDEN Mr. Blaine, M.P., writing from Deny prison to Father Armagh says that the arrest of himself and Father McFadden is easily explained.

Th( landlord of the Gweedore estate has a son who is one of the Dublin Castk gentlemen, and as his estate is part of the old Londonderry family property. Londonderry has issued his warrants against us. Our arrests, however, have made matters awkward for Donegal landlords, as no rents will be paid while we are in gaol." -'tev on the cteiences or me iiupiie anu tue piuieuuon 01 traue. mr. and the Duke of Cambridge and Lord Charles Beresford were iv'cpnt It would appear from the remarks of the President of aw1' 'tint efforts had been made to get the meeting convened at the THIS DAY'S MONEY MARKET.

One. HOME RAILWAYS AND FOREIGN STOCKS STEADY. AMERICANS BETTER. TRUNKS AND MEXICANS WEAK. The Bank of England directors at their meeting this morning made no alteration in their official minimum, which therefore remains at 3 per to which, it was reduced last week.

In the open market the discount rate for three months' bank paper is now just half that of the official minimum, bills being readily taken at ii per but yet there is no increase in the number offering. Short money is in abundant supply at to 1 per cent, with but little demand. The attention of operators in Stock EN-change securities is still to some extent occupied with" the settlement arrangements, and the amount of fresh business entered into is small. Prices are still fairly well maintained on the whole, but in the absence of dealing there is no further upward movement. Consols are firm at an improvement of 1-16 in the quotation for the account.

In the Home Railway market there has again been an inquiry for North British stock, but Brighton Deferred has been offered. In other directions there is nothing doing. Foreign Government Bonds are almost lifeless, except for a continued demand for Egyptian descriptions. American Railroads maintain the advance marked at the opening, but there has been a sharp relapse in Canadian Pacific shares, as also Grand Trunk of Canada stocks, the latter now showing a decline in place of the rise registered earlier. The traffic of 7,571 increase on the combined system is a much better one than the market had expected.

Mexican Railway issues, on the other hand, have recovered a large part of the fall of the opening. Spanish Copper Mining shares continue in demand, and show a furthei advance. In Home Railways. Improved: North British Caledonian and Great Western 4h and North Western M. Receded South Western Brighton Deferred ft, and Sooth Eastern Deferred Among Foreign Stocks, Advinced: Greek 18S1 Egyptian State Domain the Unified and Preference and Hungarian Gold D.

dined Buenos Ayres Cedulas and French Three per Cents. and Russian 1S73 American Railroads. Risen Milwaukee and St. Paul Denver Preference, Lake tinrl Western Preference, and Philadelphia and Reading shares ft, Union "i-'q-'sc ivith the Lord iviayor in me cuiui, uui, wueiuer ueuausc me WA not seem important enough to the civic dignitaries to command or for 'some other unexplained reason, these efforts were not paper embodied the observations made during his recent snestions made by him in the interview which he recently one of our representatives. On the general question of defence, (cirn the outer anchorage was much exposed to the boisterous monsoon, but it could "be quite easily improved by dredging.

security to Bombay, two or three monitors, in addition provided, and more torpedo boats, were necessary. The 'XrtijiV should be manned with crews of Lascars led by British "I ''veer's and marine artillery. Bombay, and not Trincomalee, should for the East Indian Squadron. When the fortifications and and Trincomalee were provided, the means of defence incomplete, if we had not a sufficient force ofartillery toman the 'Asto'theland defence of the great ports of Adelaide, Melbourne, Sydney, vVwne'thc combined expenditure of the several Governments might aa" a-caoned by millions. The manning of the works, and the general o'-e colonies by land, were guaranteed by an army of more than 30,000 ofsolcndid physique, wdf equipped, and provided with a small staff the Imperial service.

When the ironclads of older date M.brcd in our European squadrons by ships of the latest type, he i aMiaon the Admiralty that some three or four of the ships, which ivwiv'isc pass into the reserve at home, should be despatched to the '-C a valuable reinforcement to the floating defence and the of' the' naval brigades. An officer of rank, from the Imperial service, Vicrcisc a general supervision over their combined forces. An Rifoiiker should be placed in command of each regiment, and vA officers should be appointed to the colonial naval reserves. of an Australasian naval and military college, combining afforded at home in the schools of the Britannia, at Wool-, would be a most valuable institution for the colonies. A expenditure, judiciously applied, would fill up all the gaps in our -xhk'ii attention had been invited.

The defence of our. coaling stations K-cr, deferred too long but the work was now well in hand. We had the adoption of breechloading guns, and we had leeway to make hat guns which we were now making would represent the latest a.a science, and we had the assurance of the Government that their would be pushed forward with vigour. Chafes Beresford said the gist of Lord Brassey's paper was organisation that was to say," Get ready what you have got." i to say that at that moment he was no longer a member of but the reason of this had nothing to do with the policy 'haavraient or the policy of the Conservative party. Lord Brassey the money spent on forts and obsolete guns.

experts 'aoa'Uait any guns into these forts at ail until you can put good A fifgale of the modern type would knock a fort armed with obsolete h'T cocked hat. Experts' would rather have no guns there than a- ears, because it took so much money away from the good guns -iie eoaetvv might be able to afford good guns. As to obsolete hi van glad to' see that his original list of those fit to be blown up aa rciurxdfrora sixty-nine to seven. Experts would rather have one good bad ones. These were the views concerning which the argu-' which he was interested had arisen.

He hoped the cpaestions would oafca out in Parliament with no party view whatever. 1 a Pacific Louisville and JNashville, new l'orK central, iuissuuu, jxausao, auu 141, York 'Pennyslvania, and Ohio First Mortgage, Wabash Ordinary and Mortgage and Erie Second Mortgage lk. Fallen: Wabash Preference ft, Ohio Ordmarv and Centra Pacific Vs. A regards Canadian and Foreign Railways. Receded Mexican Ordinary and Canadian Pacific Grand Trunk 1 1CICIC1JL.

72, neuLJinr 1 3 the Third Preference QnH Preference 'A. the First Preference and ijtiaranteea ys and the Ordinary Vs. Rio Tinto shares are up Namaqua (o to 9 premium and Mason and Barry ft. The Burnley and District Tramway Company ha' declared a dividend for the past h-If-vcar of carrying lorwara A73o. M-ssrs fW.t Palmer, and Co.

are authorized to receive applications lor an issue ol 000 ooodols" First Mortgage Five per Cent. Gold Bonds o( the Cleveland and Canton Railw'av Company at the prce of 195 per bond of 1,000 dols Ttie bonds are redeem, able at 'par in 1917 (equal to about 206 per bond of 1,000 Coupons are payable in Tanuary and Tuly, in Boston or London. Liverpool Cotton Market. The market opened quiet with a fair demand. Probable sales, 10,000 bales.

Prices on the spot are steady. Futures one point higher. The following are this day's 1 o'clock prices of the principal Stocks and Shares IjErigTiton A BRITISH FUNDS, ETC. 67 3 34 121 22 iosU I65M 70K 135 Consols Do. acc.

Feb 102-14 43 14 47'A Reduced 3 p. 103 Loans Stoc io4Ji Chatham(Urdinaryj Do. Prefer-once North Western South Western Manchester Do, A Metropolitan Do. District Midland 95 ii 73 New 2 per Cents. Iiuliasia per Cents Do.

i p.c. lius-Eivptian Guar. Met. Bd. Wks.3N! i r.

Scrio 1022 37A 7K 35 157s 101 North British 3lA 4 2 7-16 rj-lS 3 7A U-lO' 13-lfl I TELEPHONES. North Eastern Union of London London and West. London Joint Stock Nat. Prov. of Ens Stand.Bnk.S.

Africa MINSS. Indian Consoltdatd Mason and Barry Montana shara Mysore Oo returns Rio Tinto Richmond St. John del TELEGRAVHS AND Anglo-American Do. Pref. Consolidated Tele.

Direct: Unit. States Eastern Ditto Extension Oriental Telephone United Telephone Globe Teleg. Trust ioS North South Eastern 127 Do. De! erred Liverpool FOSEIGN STOCKS. Areenline 6 p.

102 60. Hard 71 FOKSIGN RAILWAYS, 61H Canada Pacific. 67 9 A been oleased to confer upon Mia Frederick Young the aaht Convnandcr of the Order of St. Michael and St. George.

Biha Taylor asks us to state that it was an error to announce her Work in Local Government," at Westbournc Park the 23rd inst. The date is the 31st, net the 23rd of January. fr-'imi this morning has opened a subscription list in aid of the a who have bien prosecuted under the Crimes Act. It heads the v. oo.

dia.aaa, Held by the Ener.iv," cannot be performed at the Olympic "vrr-)v as "The Ti'ckct-of-Lcave Man is to be revived on v. ah. Mr. Henry Xcviilc and Mrs. Stephens in their original characters Mrs.

Waloughby respectively. The drama will only be a. number of nights, 'and there will be but one matinee (Feb. 4). ROWING AT THE UNIVERSITIES.

were in the Oxford crew varterday (Wernes-'sy). Puxley, who ha the lir.v.-.rt. being to Xo. 2, whila l'rere, 01 Naiiars the wa No. 7, and BraJfstd, Karr, Cro, aoa in naiecd.

The weather was very jiisterotts, steauy It is prttj- thr.t HoMrtnd. who stroked the winning trial eisnuast x-a p. and it may be that he has been now transferred from the 00 As 'i iiherineton wiil 110: be able to the preiident Irave he :0 euicicnt strohe. tacrr jaiat No. 5 in the boat, which is r.ow being tutored.

i Stfely VJ, and ti.e ti-ht did some goad work ycjterday over tee ii-xi 1 g-16 12V Cen. Pacific Shares Chic. ivIil.andSt.P. Do. Prer.

Illinois Shares A A 9 72 1 102 ICO 62 C'7 7073 75 54 97K 74; 100 323 fi 77h Ss 3 42 12: 1 63 14 'A bfA 2 I7 noK nK is ii'Al 2 TRAMWAYS, ETC London Gen. Om. 205 London Street London Tramway 15 s4, '-o '-A. North Metropolitan iS WATERWORKS. Chelsea Waterworks 694 70 Do.

Treasury Austrian Gold Do. Silver Brazilian 1875 B. Ayres 6. p. c.

7 Do. Cedulas Chilian 4-ip-C. 1885 Costa Rica A Do. State Dom. Do.

Unified Do. Preference Do. Daira Sanieh French 3 p.c. Knts. Do.

4 p.c. Knts. Greek 5 p.c. i3Si Hnng. Gold Rentes Italian Mexican Peruvian 5 p.

c. '72 Do. 6 p.c Portuguese Russian 1873 Spanish 4 p. Turkish 1S54 Group 1 Group 2 Groups 3 and 4.. 4Kp.c.i37i 5 p.

c. 5 p.c. Virginia Funded 45 37: 46 43 7 6 63 42 3t 7 63 Kast London Grand function Kent Lambeth New River, New. Vauxhall W. Middlesex 192 121 S3 37 320 162 253 8 7H BAROMBTfl "OHRPiQT IcciTPn it i.ntv 550 57 A 15 so.

1 Lake Shore iOhio Mississippi Louis and Narh Sh. iMcx. Cen. iJonds I Do, Nat. Bonds Miss.

Kan. Texas N. Y. Cen. Shares 'New York Ontario Shares Do.

Sec. N.y.P.&O. rst.Mr. iNorth. Pncific Pref.

Pennsylvania Phil, and Read. Sh Union iacific Shares Wabash Do. Preferred I Do. Gen. Grand 'i'rnnk Sh Do.

First Do. Second Pref. Do. Third Pref. Do.

Guaranteed. Mexican Ordinary Do. First Pref. Ob. do.

2nd Lonibardo-Venetian Do. Obligations Varna 3 Pei" Cone. BANKS AlHar.ee Bank City Bank Ban.i (with London and Channel). Westerly to north-westerly Hionj; winds and galoj iqually, some showers, colder. 02)- 67 05 2Wi 44 9 24 GAS AND ELECTtfIC Gaslight Coke A 255 Imp.

2o5 South Metropolitan 3x5 Brush Elecl.tU.fpJ) 3 MISCELLANEOUS. AUsodd II? '1. nai 12 26A 7 73H 47 A Xo.n T2 7 A i4t tys 143 73'A 4 8X Vi 71 3 em 7 44K sA Yesterday! Noon to-day Guinness and Co. Hotchkiss Bryant and May Soratt's patent 17 'A Hi Lon 63 ISunRUu 711.50m. 1H WTM Ion ie.djlit.

0 b. i m. 75 ji'A 7'A 5 4 A 'A bets 4 n. i5 m. Miox-Full M.

0 Aft. I H. 3 U.S. 48 p. lilUTISII Caledonian Great Eastern Great Northern Ditto A Great Western no AIT.

WAYS. 102 Ji 67K 103 142 23 82 jP. and 0. Steam Royal a' ait Steam Kat. jjaco tnt Co.

Hudson iiay Suez Canal K. V. Ind. Doc London and St. Katharine oclc Consolidated Jiank nd.

Im-oerial AT VJON TO-DAY. January Si, 1888. Overcast stiore RttiiHgs ly NaoMTTl and Zaiibra's Instruments. Lane, and York s8 4a London and County 1 Briahton(Ordinary) 137.