The Sun.
London, England, 1871-01-28 00:00:00

MONETARY REPORTS.-YESTERDAY.

During the earlier hours of business the stock markets
presented a quiet appearance. Business was conducted
on a limited scale. Nevertheless prices were maintained.
But after official hours, on the receipt of a telegram at the
Foreign-office that arrangements were being made for the
capitulation of Paris, and that all firing had ceased, the
markets assumed much more buoyancy, and a general
advance took place in prices. The railway market has
been without feature of importance, South Eastern and
Great Western beingi better. Foreign bonds have been
firm, and Italian, Spanish, and Turkish have risen about
per cent. Consols have been steady and per cent,
better, at 92k, 921 for delivery and the account. Re-
duced and New Three per Cents., 92i, 922 ; Bank Stock,
236, 238 ; Echequer bills, 10s. to 15s. prem.; India Five
per Cents., 1101, 110 ; and India Bonds 225. to 275.

prem.
In the market for English railway stocks the transac-
tions have been on a limited scale, but prices have been
supported. Metropolitan is quoted at 66k, 67 ; Cale-
donian, 88, 88k ; Brighton, 43, 431; South-Eastern, 77i,
77k ; Great Northern A, 1351, 1361 ; Great Eastern, 401,
41k ; North-Eastern, 137, 147 k ; Midland, 1291, 1291;
North - Western, 1301 130 a : and Great Western,
73k, 73g.
Indian railway stocks have been quietly dealt in. Car-
natic, 1011 ; East Indian, 110 k ; Great Indian Peninsula,
1051, 61; and Oude and Rohilkund, 101 k. For Canadian
shares there has not been much inquiry. Great Western,

15g. Foreign shares have been qui& Bahia and San
Francisco, 19i ; Lemberg-Czernowitz, 16k; Recife and
San Francisco, 15*, t.
For Foreign Bonds there has been an improved demand
at an advance. Italian (1861) have risen or to 55, 55i ;
Spanish, 11, or to 30 11-16, 30 13-16 ; Turkish Five per
Cents., I, or to 43k, 43a; ditto (1869), 1, or to 53k,
French Scrip has improved to to 4 dis. The German
Loan first issue is quoted at 2 to 2* prem., and the second
at *to 2 prem. United States Five-Twenty (1882)
Bonds are quoted at 902 to 91 ; ditto (1885), 90* to 90g.
The market for Bank shares has been quiet. Congo)

dated have been I lower at par to pm ; and Joint Stock,
at 35k, 361; Imperial Ottoman have risen *, or to la,
1. Union of London have marked 38k, 9; and London
and Westminster, 62/ xd.

Telegraph shares have sold slowly Anglo-American have
marked 74/, 75i ; Falmoutbs, 9 7-16; Reuter's, 8 1-16 ;
Construction Companies' shares have been firm ; Silver's
Indiarubber have been 1 better, at 50, 51; Hooper's
have marked 7, and Construction and Maintenance, 25g.
In Miscellaneous Securities transactions have been
limited. Ebbw Vale stock, 17i ; London Financial, 11i, ;
Ocean Marine, 20.
The bullion operations at the Bank to-day comprised
the withdrawal of £67,000 bar gold and £21,000 in

sovereigns.
In the discount market to-day there has been but little
inquiry for accommodation, and with a good supply of
capital on offer, three months' paper has been taken at
21- per cent.
At Mark-lane to-day wheat was firm, and I.s. per qr.

dearer.
In the rates of Exchange no material alteration has
transpired.
The directors of the Indiarubber, Guttapercha, and
Telegraph Works Company recommend a dividend at the
rate of 15 per cent.
The suspension has been announced of Mr. Isaac
Mendez, of 10, Union-court, Old Broad-street, a
" merchant " of little more than a year's standing, with
liabilities for about £20,000. He appears to have been
connected with Mr. Yuly and Mr. Attea, whose respec-
tive suspensions for £60,000 and £30,000 were notified
yesterday. The books are in the hands of Messrs.
Cooper and Co.
The directors of the Industrial Dwellings Company
(Limited) have agreed to recommend a dividend at the
rate of 5 per cent. per annum for the half-year to the
31st of December. The receipts amounted to £8,225, and
the payments to £4,486, being a profit of £3,739 (equal to
£5 10s. 7d. per cent. per annum.) This, added to the
balance brought forward from the last half-year, gives
a total of £6,040 available for division. The dividend
of 5 per cent. will absorb £3,125, and leave £2,195 to he
carried forward. The capital invested is now £180,610,
and a proposal will be submitted at the ensuing meeting
to raise an additional £125,000, the whole of the present
capital having been invested, and there being a continued
demand for improved dwellings by the working classes.
The traffic return of the Great Western Railway for
the week ending January 22nd shews an increase of
£5,173 on the corresponding week of last year; the
Lancashire and Yorkshire an increase of £3,575 ; the
Great Northern, £1,078 ; the Caledonian, £3,100; Bristol
and Exeter, £433 ; and the Great Eastern, £22. The Lon-
don, Chatham, and Dover has an increase of £706, and
the Manchester, Sheffield, and Lincolnshire of £52.
The prospectus of the Pyramid Range Silver Moun-
tain Company (Limited) has been issued. The capital is
set down at £500,000 in 100,000 shares of £5 each, and the
object of the company is to purchase and work
certain rich silver lead mines in Arizona, United States,
the district in which the property is situate, but until
very recently in the possession of the Indians. The sub-
mission of the latter, about twelve months ago, led to
explorations being made, which resulted in ledges of
silver ore being discovered, opening up a field
for mining enterprise of unusual richness.
A fact of the highest degree of importance
is that the mass of deposits will be above
ground. A speculation has been made that at least
two tons of ore will be crushed per day for each stamp
head, which will return a profit of at least £2,000 for
each working day. The terms upon which the pro-
perty is to made over to the company is £400,000 for the
mines, of which £lOO,OOO is to be in cash. Of the entire
capital £300,000 will be represented by 60,000 A priority
shares, and £200,000 by B deferred shares, the former
having priority of dividend up to 20 per cent. per annum
Of these A shares 40,000 are now offered for subscription
the remainder, with the B shares, being reserved for the
vendors.

The Corporation of the City of London are prepared to
receive subscriptions for £120,000, being part of an amount
of £160,000 required to erect a Foreign Cattle Market.
The bonds will be issued at par, in amounts of £l, 000,
£5OO, and £lOO, and will bear interest at the rate of 4}
per cent. The bonds will be redeemed in eight years.
Messrs. J. S. Morgan and Co. have invited subscriptions
for £500,000 Six per Cent Mortgage Bonds of the Camden
and Amboy Railroad and Transportation, Delaware and
Raritan Canal and New Jersey Railroad and Transporta-
tion Companies, forming the United Canal and Railroad
Companies of New Jersey, in bonds to bearer of £2OO
sterling each, at the price of 29 per cent. or £lB4 per
bond. The repayment of the bonds at par (2200) in 1894
is secured, in addition to the mortgage, by the establish-
ment of an annual sinking fund to be paid by the com-
panies to, and accumulated by, the Fidelity Insurance
Trust and Safe Deposit Company of Philadelphia. ZlO
per £2OO bond on application ; £4O on allotment ; £4O on
Ist March, 1871; £5O on Ist April, 1871; £44 on Ist
May, 1871 : tc tal, £lB4.
FOREIGN EXCHANGES.—Amsterdam, three months' date,
11191, 12 00 ; ditto, short date, 11 17, 11 18 ; Rotterdam,
three months', 1119:1, 12 00 ; Antwerp, ditto, 25 35, 25 40 ;
Paris, slaort date, ditto, three mouths' date, nominal ;
Marseilles, ditto, 25 50, 25 60 ; Hamburgh, ditto, 13 10,
1310'k ; Frankfort-on-the-Maine, ditto, 120, 120} ; Vienna,
ditto, 12 67k, 12 72} ; Trieste, ditto, 12 671, 12 72}
St. Petersburgh ditto, 30, 30}; Madrid, ditto, 481, 48/
Cadiz, ditto, 49/, 49 ; Leghorn, Genoa, Naples, ant
Palermo, ditto, 26 82}, 26 87k ; Lisbon, 90 days' date
521, 52}; Oporto, ditto, 52/, 521.