The Sun.
London, England, 1871-01-30 00:00:00

MONETARY REPORTS.-SA TURD AY.

At the commencement of business this morning, consi
derable firmness was apparent, in consequence of the
news from the seat of war. The improved tone, however,
was not maintained, some anxiety being expressed for
later news. During the earlier hours, a general advance
took place ; but with few exceptions, this was not
supported. In the railway market, Caledonian and
South Eastern, have risen in value ; but great Eas-
tern and Midland have slightly receded. Foreigns bonds
have been steady, especially as regards Spanish Turkish,
and United States Five-Twenty Bonds. French and
German scrips also have been higher in value. Consols
have been flat, and lower, at 921, 921 for delivery and
the account. Reduced and New Three pc.r Cents., 921,
921 ; Bank Stock, 240, 242 ; Exchequer bills. 10s. to 15s.
prem.; India Five per Cents., 1101, 1101 ; and India,
Bonds, 225. to 275. pm.
Business in the market for English railway stocks has
been on a limited scale, Caledonian and South-Eastern
have risen 1 and 1 respectively, but Great Eastern and
Midland have declined / and 1. After official hours
Metropolitan was quoted at 661, ; Caledonian, 881,
89; Brighton, 43, 431 ; South-,E§gtern, 781, 781; Great
Northern, 125, 126 ; ditto A, 1352, 1361 ; Great Eastern,
401, 402 ; North-Eastern, 1471, 148 ; Midland, 1291,
1291 ; North-Western, 1301, 1301: and Great Western,
731, 731.
For Indian railway stocks there has been but little in-
quiry. Bombay, Baroda, and Central India, 1031 ; Fast
Indian, 1101, 1101 ; Great Indian Peninsula, 1051, 106 ;
Madras, 1031; Oude and Rohilkund, 1011, 1011; and
Scinde, 1011. Canadian shares have been quiet, Great-
Western, 151, 151. In foreign railway shares transactions
have been restricted ; Bahia and San Francisco, 191 ;
Great Luxembourg, 121, 121 ; Lombards, 151, 151.
Foreign bonds have been characterised by firmness.
Brazilian (1865) have risen 1; Egyptian Nine per Cents.,
1; Spanish, 1-16th ; Turkish (1869), 1; United States
Five-Twenty Bonds, 1, but Mexican have been 1 per cent.
lower. French scrip has advanced 2 per cent. being
quoted at 1, 1 prem. The mid-issue of the
German Loan at 2, 1 prem., shews a rise of g.
After official hours, Brazilian (1865) Bonds were quoted
at 94, 941; Peruvian (1865), 90±, 901; Egyptian (1868),
751, 752 ; ditto Nine per Cents, 98, 981; Italian (1861),
55. 551; Spanish, 301, 301; Turkish Five per Cents,
431, 431 ; ditto (1869), 541, 541 ; Mexican, 141, 142 ;
United States Five-Twenty (1882) Bonds, 901, 911; ditto
(1885), 901, 901.
Bank shares have been quiet. Agra A. have marked
81; Anglo-Egyptian, 221; Imperial Ottoman, 12, 121 ;
Joint Stock, 361, 361; London and Westminster, 622, 63 ;
and Union of London, 39, 391.
In telegraph shares transactions have been restricted.
British Indian Submarine, 71, ; Falmouth, 91 ; French
Cables, 141, 1; Silver's Indiarubber have been 1 better at
501, 511; Hooper's have been steady, at par to 1 prem.,
and Constructions, at 251, 26.
Miscellaneous securities have been in limited request.
General Credit and Discount, 71, 1.
The discount market has been rather unsettled. There
has not been much inquiry for accommodation, but three
months' paper has been charged 21 per cent.
There have been no bullion operations at the Bank to-

day. •
The proposal of the Mexican Government with regard
to the debt has been received by the bondholders' com-
mittee to-day. It is to the effect that the bondholders
shall forego all interest from 1866 to the present date ;
that this year they shall receive per cent., next year
one per cent., and. that the interest shall increase per
cent every two.years until 3 per cent. is again reached,
which will be in the tenth year. The bondholders are to
retain their original bonds, but are to give up their mort-
gages on the customs' duties.
The report of the York City and County Bank, pre-
sented at York, shewed an available total of £20,190, and
a dividend was declared of 8 per cent., with a bonus of
30s. per share, or 6 per cent., which will absorb £17,500,
leaving £2,690 to be carried forward.
The report of the London and South-Western Bank
(Limited), to be presented at the general meeting on the
7th of February, shews an available total of £6,165. The
dividend, at the rate of six shillings per share, will absorb
£2,665, £5OO will be added to the reserve, and £2OO carried
to previous account, leaving £2,800 to be carried
forward to the account. At the corresponding date
of last year the dividend was ss. per share.
A prospectus has been issued of another California
mining undertaking, called the Pyramid Range Silver
Mountain Company (Limited) with a capital of
£500,000 in shares of £5. The proposal is to purchase cer-
tain claims in Arozona, where " mountains of silver" are
alleged to have been discovered. The price to be paid is
£400,000, of which £lOO,OOO is to be in cash, and £lOO,OOO
in A shares. The faith of the directors seems to be based
on observations made, and specimens obtained by a
Mr. Henry Morgan, who is known to them, and who,
while recently travelling in America, had his attention
directed to these wonderful discoveries.
A distribution of 11- per cent. on Atlantic and Great
Western Railway Certificates of Debetures, 1864, has
been arranged to be made as soon as the necessary details
can be settled.
The report of the General Credit and Discount Corn:
pany (Limited) shews that, after providing for all bad and
doubtful debts, there remains a balance at the credit of
profit and loss account of £138,768 ss. 7d., besides the
amount of £10,602 14s. 2d. brought forward from last
year. After deduction of the expenses of the year, there
is left a net balance of £114,226 to be dealt with. Of
this £37,500 has already been paid as interim divident
for the six months ending 30th June last; £37,500 to be
applied as dividend for the six months ending 31st De-
cember, being at the rate of 5 per cent. per annum free of
income tax, payable on and after 13th ?February ; and
£35,000 towards the reserve fund, raising that fund to
£75,000, leaving £4,226 to be carried forward to next
year's account.

LON.DON STOCK EXCHANG E.- S _ATURDA

LATEST PRICES.—AFTER 0 FFICIAL HO U. 11,73
The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

three per Cent Consols 921 921 V let 6p Jan &July 1891 113 114
921, 1 DoA.pril &Oct 1883-85.. 112 113
Do for Account
921 1021
Bra.zllian. 1865. 5v a .... 94 95
Three per Cent Reduced 921 921
921.1
921 921 Egyptian 1862, 7po .. .. 82 84
91, I,
New 3 per Cent
92t. 1 84, 1
Exchequer Bills. March 10 15pin DoßaAl Mihail 7
Ono .. 9911 . 001
pm 100, 991,
Do, June
pm
Peruvian. 1865. 5p a
Bank Stock ............
... 901, 1 1
240, 2 rortuguese jB6, 3v 0
... 32 33
India 5 per Cents ...... 321, i
/India Bonds ............ Russian. 062.1 5 p c.. B4l 851
851, 4
can 6,,, P jansaulyll77-84 104 105 Po Nicolas 4p a
1041 681, 71, 81
Do March & Sept. 104 106 Spanish
Do 5p 0 Jau & July .. 98 99 301, i, 1
981, 8 Turkish, 1854, 8p a 79 81
Do Inscribed Stock .. 97 99 Do. 1865. 5p a
Dom of Cau 5p c 1903 .. 98 100 431, 3, 1
991 Do, 1865 6p a
Ceylon 6p c May and ' 61, 21, 2, 3
November 1878....... t 106 108 U. 5.5-20 Bonds,6 p a li3l 991 9!
Mauritius 1 pc Jan and 91, 1
July 1873 ............ 102 104 Do do
0f
New S W ales ... p 01871-76. 100 101
New Zealand 6p c 1891.. 108 110 Do 10-10 Buda, spa 19)1 891 89
Do 5p 0 ... ..... . ..... 981 991 891
Do 5p 0 Consolidated 9911001 ErieSlia,loo dole, all paid _
100, 991 Illinois Central Shares .. 110 111
Do6pcMar&SeptlB9l 109 111 1101,
Do June & DeclB9l 108 110 Atlantie and UW It Con
100 Mortgage Bonds ......

1885 901 90;

RAILWAYS.

Bristol and Exeter 9O a Do Ist Pre[ flonds.... 59 60
911, 2 Do 2nd Pref Bonds.. • 42 43
Caledonian
88a Do 3rd Pref Stock . .. 31 33
Great Eastern
18 18;
41, 40i 4th Pre( Stook ......
Great Northern
12511 Greatlnilian Pen g 5., o 1051106)
135 136 105 i, 6. 51
Do A .........
- - - . 73 731 Great Western ofCanada 15f

Great Western
739, 1,1, 9 159,1
Lancashire & Yorkshire 1311369 Do Op c Bonds, 1873.. 99 100
Lou, 800, and S Coast 43 439 Do 59 do, 1877-8 95 97
431, 9 DO 5 p o pref. issued 813 par loni
Lon, Chat, and Dover .. 141 142 111adry guar 5p a
14/, 9 1039
Lou and North-Western 130 1309 N. Railway of Canada,
1301, 9 6p c lat Pref Bonds
Lou and South-Western 93 94 oudeo and Rohilkund g
101 103
939, 1 5 p
Man, SW, and Lincoln 159 46 1019, 9
459 x d Sclude, Putijanb, and
Metropolitan .......... 661 67 Delhi guar 5p c
67 1011
Midland
North British
North-Easten, Consols.. 147 148 199
E,i, 9 Belgian Junction
1479
South-Easteru 7Bl 781 Buenos Ayres Gt Sthrn.. 269 21
731, 2, 4 Dunaburg and NVltepsk 189 181
Atlantic and St Lawrnce 76 78 Dutch-Rhenish 229 239
Bombay, Baroda, and Eastern of Frai,ce — -
Central
olndia. gI p c.. 103 104 Great Lul xembourg ... 121 Q 1
21, 9 . ••
Buff and Lake Huron . 49 41 Lemberg U.rnowitzgua
Do 59 pc 80nd5,1872-314 79 81 7pc
Cape guar 6p c
East Bengal guar 5p c lO3 104 Northern of France .... -•
1039 Ottom(Smyrna to Aidin) 49 59
East Indian. g 5 p c
1101, 1 (Limited) guar 7p a .. 159 151
Grand Trunk Canada
Do Equip Mort End 1 South Aust. & Loin-Van 159 151
charge 6n e
Do 2nd do Bonds
____

15i ICI

BANKING COMPANIES.
ra Pd
1 Air Itmik ;14 A BBi 20 Loudon, of Anstrlia 23i 24 it
25 Alliance (1)