The Sun.
London, England, 1871-02-15 00:00:00

MONETA.RY REPORTS .-YESTERDAY. _ESTERDAY.

The stock markets have ruled steady to-day, and prices
have shewn firmness in all departments. The tendency of
the quotations has beer upwards for both railway stocks
and foreign bonds. Under the influence of the improved
political situation there is a cheerful feeling in the
foreign market, the fact that a moiety of the
indemnity demanded from Paris by the Germans having
been paid without any considerable difficulty, and arrange-
ments having been made for the settlement of the other
half at an early date, having given rise to the belief that
present difficulties will be surmounted with greater ease
than was believed. Consols closed at an advance of 1,
the last price 92k, 921, both for money and account; Re-
duced and New Three per Cents 92f, 92g; India Five per
Cents., 1092., 1101 ; India Bonds, 20s, to 265. prem. ; Ex-
chequer Bills, ss. to 10s. prem.
Colonial Government securities have ruled steady in
value and demand.
The tendency of prices in the railway share market has
been upwards, though the movements have in no case been
extensive. It is anticipated that a large increase of traffic
will take place on the Southern lines should peace be at
once proclaimed, and that the northern lines, though out
of the line of direct communication with the continent will
be favourably influenced. Great Eastern stock is slightly
lower at 381, 39 ; Metropolitan closed firmly at 64/, 651;
London and Brighton, 43, 43k ; South Eastern, 781,
782 ; Great Northern A, 1331, 1332 ; North
Eastern Consols, 146/, 1471 ; Midland, 1271,
1271; London and North Western, 1291, 1291; Great
Western, 734 731.
Foreign and Colonial lines have been little dealt in, and
there is no material change to notice in the quotations.
Bahia and San Francisco shares have sold at 191 ; Great
Luxemburg at 121; Recife and San Francisco, 15g ;
Atlantic and Great Western Consolidated Bonds,
(Biscloffsheim's Certificates) closed at 29, 30 ; Erie (pro-
tected) shares at 181,19 ; Illinois Central at 109, 110.
The market for Foreign Bonds has ruled firm through-
out the day, and the quotations have shewn firmness.
Turkish stocks have been in request at rising currencies,
the closing prices for the Five per Cents. being 42, 421,
and 53, 531 for the Six per Cents. of 1865. Spanish left
off at 3011-16, 30 13-16 ; Italians at 541, 54i ; Egyptian
(1868) at 741, ; Peruvian at 90, 90k ; Mexican at
14,141.
French Scrip closed better at 871, 87k, the North Ger-
man Confederation Loan at 21, 21 prem, and the second
issue at 11 prem. •
Joint-Stock Bank Shares have been little dealt in, and
values are unchanged in the absence of important busi-
ness. Agra A Shares have changed hands at 8i ; City
at 11g ; Consolidated, 4 7-16 ; Imperial Ottoman, 111;
London and County, 503/4 to 50a ; London Joint Stock,
37i ; Oriental, 421.
There has been a fair amount of activity in the market
for Telegraph shares. Anglo-Mediterranean are 1 better,
at 125 to 127 ; British Indian Extension have been done
at 8 ; Falmouth and Gibraltar, at 92 ; French Cables, at
131 ; and West Indian at 6.
There were no bullion operations at the Bank of Eng-
land to-day.
At the Bank of England the demand for accommoda-
tion is moderately active, but in the general market rather
quiet. Good three months' paper is taken at 21 per cent.
On the Stock Exchange short loans on English Govern-
went Securities are obtainable, at 11 to 2 per cent.
The Cordillera has brought £60,000 from the River
Plate.
A moiety of the requisition made by the Germans upon
Paris-two millions-has been paid by bills on London,
one million in notes on the Bank of France, and one
million in gold and silver coin. The other moiety will be
paid in the same proportions, the bills being drawn for
MM. Andr4, Mannard, Tilleul, Rothschild, &c.
The report of the directors of the San Paulo Gas Com-
pany states that the erection of the works is being carried
out under a guaranteed contract for a gross sum of
£34,750, of which £7,500 is to be taken in fully paid up
shares at par, to 'be increased to £11,500, if desired by
the directors.
The directors of the West India and Pacific Steamship
Company recommend the payment of a dividend of
245. per share, or at the rate of 6 per cent. per annum.
The amount carried forward is £3,869.
The dividend of the National Steamship Company will
be at the rate of 10 per cent.
The resolution for a reduction of the capital having
been confirmed by the Court of Chancery, the capital of
the Credit Fonoier of England (Limited and Reduced) is
ROW £1,000,000, divided into 200,000 shares of £5 each.
The report of the Australian Agric*ltural Company
recommends the payment of an interim dividend of 10s. 6d.
per share, free of income tax. '
Messrs. Waring Brothers are sending out a staff of
engineers, under a commission from the Argentine Govern-
ment to survey a railway route of about 1,200 miles, from
Buenos Ayres, across the Andes, to join the Chilian sys-
tem from Santiago to Valparaiso, thus connecting the
Atlantic and Pacific Oceans in the Western Hemisphere.
The following is from the manager of the Imperial
Ottoman Company's (Limited) Mines at Pelidli, of the
30th January :-" I am glad to inform you that the
crusher is working satisfactorily and crushing ore, and
have a full number of hands dressing it, which will, I
anticipate, be brought up to a good per centage. We are
pushing on the completion of the dressing floors. At
present all hands are being employed preparing ore for
the market."
Jay Cooke, 311`Culloch and Co's. financial circular of
this week brings United States commercial intelligence
down to January 31st. We extract the following
" Exchanges since our last have ruled' rather firmer, gold
having advanced advanced about k per cent. The opinion
entertained that the continental demand for provisions
will be in a measure supplied from our surplus food pro-
ducts is supported by the increased amount of our exports,
they having been for‘ the four weeks ending January 25th,
1871 (exclusivssof specie) $18,700,000 against $10,800,000
last year. Imports also are large, being $24,680,000
against $20,275,000 ; but here we may confidently expect
a heavy falling off. The specie export is about the usual
amount. The mercantile feeling is decidedly better, and
indications for trade are good, while stocks are quite light.
The cotton crop is now estimated at 3,700,000, 2,198,000 of
which are already at hand. The loan market is easy at 5
to 6 per cent. on call. Discounts of prime paper 6k to 7
per cent. United States Bonds have been in good demand,
and all descriptions, especially Ten-Forties and currency
Six's, (owing to their exemption from the operation of the
funding bill), close higher."
The traffic return of the London, Brighton, and South
Coast Railway shews an increase of £1,067 ; that of the
South-Eastern an increase of £2 567.
FOREIGN EXCHANGES.-Amsterdam, three months' date,
120, 1201; ditto, short date, 11171, 1118* ; Rotterdam,
three months', 120, 1201 ; Antwerp, ditto, 25 421, 25 471;
Paris, short date, ditto, three months' date, nominal ;
Marseilles, ditto, 25 70, 25 80 ; Hamburgh, ditto, 13 101,
13 11 ; Frankfort-on-the-Maine, ditto, 1201, 1201 ; Vienna,
ditto, 12 65, 12 70 ; Trieste, ditto, 12 65, 12 70;
St. Petersburgh ditto, 301, 301; Madrid, ditto, 48, 481;
Cadiz, ditto, 491, 49i ; Lisbon, 90 days' date, 522, 53 ;
Oporto, ditto, 521, 53 ; Leghorn, three months' date,
26 75, 26 80 ; Genoa, ditto, 26 75, 26 80 ; Naples, ditto,
26 75, 26 80 ; Palermo, ditto, 26 75, 26 80.

LONDON ST_ EXCHANGE.—Tutspay,

, -
LATEST PRIC ES.—AFTE It OFFICIAL 110 CT RS.
The prices under the lines indicate the business done.

1 Great Eastern 382 392 Grand Trunk of Canada
39k, Bi, 2 4th Pref Stock 172 181
Great Northern
Do A 133 134 1051, 1. 1
1331 Great Western of Canada 152.152
Great Western 73 731 151, 2, 1
732, it, 1, 3.1 Do 5p .3 Bonds. 1873.. 9921001
Lancashire & Yorkshire 13421352 Do 52 do, 1877-8 95 97
Lon, 13righ, and S Coast 43 432 Do 5p c pref. issued 80 1 taro
43/, 3, 1 ad. 531, A
Lon, Chat, and Dover .. 141 141 Madras rotaz 5p o
142 104
Lon and North-Western 12911293 N. Railway of Canada,
1292 6p o Ist Pref Bonds
Lou and South-Western 931 942 Oude and Rohilkund 6
911, 4 5 p a
Man, fillet and Lincoln 461 462 1012, 1
461, 1 &hide, Punjanb. and
Metropolitan
65, 1, 42, 5 1012, 1, 2
Midland .. . 127 1271 Bahia and San Francisco
1272. 2,2,7 07 Pcl9/ 1H 19/
North British
North-EasternConsols 147 1472 Belgian 10
Junction .... 21 21
1473.7 Buenos Ayres Git Sthrn.. 252 261
South-Eastern 7Bl 781 252, 6
782, b Duuaburg and Witepsk 182 191
Atlantic and, St Lawrnoe 77 79 Dutch-Rhenish 23 24
Bombay, Barods, and Eastern of France lB 20
Central India. g 5 p a.. 103 104 Great Luxembourg
Buff and Lake Huron .. 41 42 122
Do 52 pc 80nd5,1872-3-4 80 82 Lemberg Czernowitzgua
Cape guar 6p a
East Bengal guar 5 p 0.. 103 104 " 152, 2
104 . Northern of France
East Indian, g 5 p a .... 109 110 Ottom (Smyrna to Aidin) 42 51
1091 Recife and San Francisco
Grand Trunk Canada .. la 122 (Limited) guar 7p a
121, 1 151
Do Equip Mortßud 1 San Paulo (L) guar 7p o 21k 211
chargel4
6p c
93 2, 1
Do 2nd do Bonds
Do Ist Pref Bonds 582 592
581, 91