The Sun.
London, England, 1871-02-08 00:00:00

MONETARY REPORTS.-YESTERDAY.

The Stock markets to-day opened with a dull appear-
ance. The tone, however, eventually became firmer, in
consequence of the announcement that M. Gambetta had
resigned, and that therefore the prospect of a dispute be-
ta Teen the two French factions had been considerably
lessened, whilst peace appears more assured. The business
doing in all classes of securities has been very moderate,
and the fluctuations have again been trifling. French
scrip has improved to the extent of one per cent., and
German also has been rather stronger, but with the ex-
ception of a fractional enhancement in Italian and
Turkish, foreign bonds shevv no change. The rail-
way market has been unsettled, and Caledonian
Great Eastern, North Eastern, and North Western, have
given way in value. Consols have been. firm, and 3-16
per cent. better, at 92, 921 for delivery and
92 1-16, 92 3-16 for March. Reduced and New
Three Per Cents, 921, t.)21 ; Bank Stock, 242, 244 ; Exche-
quer Bills, Bs. to 13s, pm. India Five per Cents, 110,
1101, and India Bonds, 235. to 28s. pm. Colonial Govern-
ment Securities have been quiet, but firm,
The transactions in English railway stocks have been
to a limited extent, and the fluctuations have been trifling,
being confined to a fall of / in Great-Eastern, North-
Eastern, and North-Western, and of 1 in Caledonian.
Metropolitan, 651, 66 ; Caledonian, 87k, 88 ; Brighton,
431, 44 ; South Eastern, 771, 77/ ; Great Northern, 124,
1241; ditto, A, 132 ,133 i ; Great Eastern, 38/, 39 ; North
Eastern, 146 i, 140 ; Midland, 1271, 127/ ; North Wes.
tern, 1291, 1291; and Great Western, 72, 721.
Not much business has been doing in Indian railway
Locks : Bombay, Baroda, and Central India have marked
1031, 1031 ; East Indian, 1091, 1091 ; Great Indian
Peninsula, 104/, 1051 ; and Oude and Rohilkund, 1011,
101/. Canadian shares have been depressed, Great
Western, 151. Transactions in foreign shares have been
restricted; Lemberg-Czernowitz, 161; San Paulo, 21/;
and Lombardo,,lsl.
In the foreign bond market there has been an absence of 1
any important feature, but the tone has been favourable.
Italian (1861), have risen ; Turkish (1869), 1 ; French
Scrip is 1 per cent. better, at a, 11 prem. ; and German
1, at 21 to 22 prem., for first issue ; and / to 1. prem. for
the second. Peruvian (1865), 892 to 901 ; Egyptian (1868),
74 to 741; Italian (1861), 541 to 54/ ; Spanish, 301 to
301; Turkish (1865). 611 to 61/ ; ditto Five per Cents.,
41 to 42 ; ditto (1869), 52a to 52a ; Mexican, 13k, 1374;
United States Five Twenty (1882) Bonds, 901 to 90/ ;
ditto (1885), 90 to 901.
Bank shares have been quietly dealt in. London and
Westminster, 621, 631 ; Imperial Ottoman, 111, ;
Union of London, 39, 39/ ; Consolidated, 41, 4 9.16.
In telegraph shares the transactions have been re-
stricted. British Indian Submarine, 6a ; Falmouths, ;
China Submarine, 41 ; Silver's Indiarubber, 511; and
Hooper's, 61.
Miscellaneous securities have changed hands slowly.
Credit Foncier of England, 2a, 3 ; General Credit and
Discount, 7 11-16, 7 13-16 ; London Financial, 11/ ;
National Discount, 111,
In the Discount market today there has been fair de-
mand for money, and three months' paper has been taken
at 21, 21 per cent. There has been a moderate supply of
capital on offer.
The Copdillera has arrived at Lisbon, from Valparaiso,
with £63,500 in specie for London.
No bullion operations have been reported at the Bank

to-day.
With the exception of Belgium bills, which me rather
offered, there has been a good demand to day, and the
rates of exchange have had au unfavourably tendency.
Metropolitan District Railway Stock has had a heavy
fall upon rumours of more capital being required. The
ordinary stock is quoted at 284, 28t, and the Five per
Cent. Preference, 59, 60.
The directors of the Credit Foncier of England wil

recommend a dividend at the rate of 5 per cent. per
annum. The meeting has been delayed to order to admit
of the completion of the settlement with the Imperial
Land Company.
The report of the Miliwall Dock Company, to be pr 3-
sented on the 24th instant, shews a decided increase in the
business, resulting in an available total of 17,682, thus
enabling the directors to declare a dividend of 3,-/ per cent.
on the £302,440, of 5 per cent. preference shares, and
leaving £209 to be carried forward.
At a meeting of the London and South Western Bank
Limited), it was shewn that there was an available
balance for distribution of £6,165. A dividend at the
rate of 6s. per share was declared which will absorb £2,665,
(500 added to ieserve fund and 200 carried to credit of
previous account, leaving a balance of £2,800, including
rebate to be carried forward to next account..
At the meeting of the Wilts and Dorset Banking Com-
pany at Salisbuiy it was shewn that there was a net
profit of £45,105, being an increase of £2,030 over the pre-
vious year. Dividends at the rate of 22 per cent. for the
year were confirmed, and the balance of £1,105 added to
the surplus fund, which now q.mounts to £104,218. The
deposits held are £2,025,000, a decrease of £19,661.
The directors of the London and North-Western Rail-
way Company intend to propose the payment of a divi-
dend of 7i per cent. per annum at the ensuing general

meeting.
The traffic return of the London, Brighton, and South
Coast Railway shews an increase of £4Bl.
FOREIGN EXCHANGES.—Amsterdam, three months' date,
120, 1201; ditto, short date, 11 171, 11 181 ; Rotterdam,
three months', 120, 1201 ; Antwerp, ditto, 25 371, 25 421 i
Paris, short date, ditto, three months' date, nominal ;
Marseilles, ditto, 25 60, 25 70 ; Hamburgh, ditto, 13 101,
13101 ; Frankfort-on-the-Maine, ditto, 120, 1201 ; Vienna,
ditto, 12 65, 12 70 ; Trieste, ditto, 12 65, 12 70;
St. Petersburgh ditto, '3Ol, 30g; Madrid, ditto, 481, 48;
Cadiz, ditto, 49k, 49 ; Leghorn, Genoa, Naples, and
Palermo, ditto, 26 75, 26 80 ; Lisbon, 90 days' date,
52, 521 ; Oporto, ditto, 524, 521,

LONDON STOCK EXCHANGE.—TuEsDA

LATEST PRIDES.-AFTER 0 F FIG' lAL }lO CI ZA

The prices under the lines indicate the business done.