The Sun.
London, England, 1871-02-21 00:00:00

MONETARY REPORTS.-YEST/SRDAY.

Much quietness has been noticed in the Stock Exchange
to-day. The movements have been few and mostly unim-
portant. In the railway market Great Northern A has
risen 11, and a fractional improvement has been apparent
in Great Eastern, Midland, and Great Western.
The foreign bond market has been depressed.
Spanish have declined, and the French Loan
has also been lower, but Turkish have been
somewhat firmer. The demand for English Government
Securities has been steady. Consols have risen *, being
quoted at 92 to 921 for delivery and the account. Reduced
and New Three Per Cents, 921, 921; Bank Stock, 244,
246 ; Exchequer Bills, 2s to 7s pm ; India Five Per Cents,
1091, 110 ; and India Bonds 18s to 23s pm. Colonial
Government Securities have been in limited request, but
prices have been unchanged.
Although the demand for English railway stocks has
been restricted the tone of the market has been favourable,
and prices have improved. The principal alteration has
been in Great Northern A, which has been
11 higher, at 1341, 135; Midland and Great
Western have advanced I and # respectively ;
Metropolitan, 65#, 65# ; Caledonian, 87, 871; Brighton,
,421, 431; South-Eastern, 781, 782 ; Great Northern A,
1341, 135 ; Great Eastern, 381, 382 ; North-Eastern,
1462, 1471; Midland, 127, 1271; North-Western, 1291,
1291; and Great Western, 731, 732.
The demand for Indian railway stocks has been inactive.
Bombay, Baroda, and Central India, 104 ; East Indian,
1091, 110 ; Great Indian Peninsula, 1051, 2 ; Oude and
Rohilkund, 101# ; and Scinde, 101/. Canadian shares
have been quiet. Great Western, 152, h. Foreign shares
have been fiat. Great Luxemburg, 121.

Very few transactions have take; place in foreign bonds,
and prices have been without material alteration. Spanish
have falleii it, but Turkish (1869) have been per
cent, higher. French has been dull, at 871, 88 ;
Brazilian (1865), 94k, 94 ; Peruvian (1865), 91, 911;
Egyptian, 1868, 745, 74a ; Italian, 1861, 541, 54:1 ;
Spanish, 301 34 ; Turkish, 1865, 61, 611 ; ditto Five per
Cents, 41k, ; ditto 1869, 522, 53 ; Mexican, 131, 141;
United States Five-Twenty 1882 Bonds, 911-, 911 ; ditto,
1885, 901, 90,t ; German Scrip (New), 1, pm.
There has not been much inquiry for bank shares.
Imperial Ottoman 11k, L London and County, 50L
Joint-Stock, 38, London and Westminster 621, 2.
Telegraph shares have sold slowly. Anglo-American
have been firm, and 1 better at 761, 77; Anglo-Mediter-
ranean have risen 2, or to 127, 129. French Cables have
marked 14 ; Silver's Indiarubber have been 1 better at 514,
52, and Constructions, , at 252, 26i.
'

In Miscellaneous securities transactions have been
restricted. Berlin Waterworks, isf, 16g ; Crdelit Foncier
of England, 3 1-16, 3 3-16 ; General Credit and Discount,
7i, 8 ; Hudson's Bay, 8 7.16, 81,-; and International Fi-
nancial 213-16, 2,T.
The discount market has been scantily supplied. There
has been a good demand for accommodation, and three
months' paper has been taken at 2i per cent.
No bullion operations have been reported at the Bank
to-day.
The Rangoon left Melbourne, on the Ist inst., with
£240,250 for Galle, and the Great Britain with £164,500
for England.
At Mark-lane to-clay wheat was dull, and ls. to 2s. per
quarter lower. Flour also gave way is.
The New Zealani Finance Minister left that country,
on the 7th of January, for England, via San Francisco, to
negotiate a loan for £4,000,000 on this market.
At a meeting of the Paris bankers it was resolved to.
petition the Government to postpone the payment of bills
until four and six months after the signing of peace.
The Idaho, from New York, has brought £62,099 in
specie.

At a meeting of the Berlin Waterworks Company
Limited, it was shewn that the balance available for distri-
bution was £38,121, of this sum £3,006 has been placed to
credit of the Russian Government, £31,500 will be
absorbed by the payment of a dividend at the rate of Di
per cent, £3,000 will be added to the reserve fund, leaving
£614 to be carried forward.
In reference to Messrs. Houghton and Company,
cotton brokers, Liverpool, whose liabilities were £23,900
and assets £1,900, the solicitor for the trustees stated that
there was no ground for a public examination of the bank-
rupts, who were, therefore, allowed to pass.
The report of the Submarine Telegraph Company states
that, notwithstanding the war, there has been an inerease
in the receipts for the half-year of £9,057, and in the
ordinary working expenses, exclusive of repairs to cables,
£1,319. A dividend is recommended of 7A per cent. for
the six months, leaving £527 to be carried forward.
We are informed that the arbitrators, the Marquis of
Salisbury and Lord Cairns, have intimated that, under
the forthcoming and final award, the first ordinary general
meeting of the London, Chatham, and Dover Railway
Company, after the date of the award, will be held on the
13th of March next, and that the meeting will be in lieu of
separate meetings of mortgagees and shareholders under
the Arrangement Act of 1867.
The directors of the Salisbury and teovil Railway
Company at their next half-yearly meeting will be
enabled to shew a clear balance (after deducting dividends
on five per cent. preference capital) of £13,852 16s. 2d.
Out of this sum the directors will recommend that a divi-
dend be declared, at the rate of 7 per cent. per annum,
amounting, on £326,715 of ordinary capital, to
£11,435 Os. 6d., leaving to be carried forward a balance of
£2,417 15s. Bd.

LONDON STOCK EXCHANGE.-MONDAY.

LATEST PRICES.—AFTER 0 F PIC [AL HOURS.
The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

Three per Cent Consols 92 929 Viet 6p c Jan & July 1891 113 114
92, 19, 29. 2 DoApril &Oct 1883-85.. 112 113
Do for Account
919, 2 Viol Spa Jan & .TulylB94. 10191029
Three pet Cent Reduced 929 929 1019, 29
929, 9, 9 Brazilian. 1865, 5p o .... 94 95
New 3 per Cent
929, B
9. 4 Egyptian 1862. 71)a • • • • 84 86
Exchequer ills, March 2 7pm 851
pm Do Rail Deben 7pc .. 99 100
Do, June 2 7pm 999. 9
4s pm Italian, 1865, 5p a
Bank Stock
245, 49 909, 19
India 5 per Cents
1099, 9, 9 322
India bonds — Russian. 1862. 5 p a.. .. 859 865
pm i
Can 6po Jau&JulylB77-84 10491059 DoNlcolas 4p o
105, 1 659, 9
Do March &Sept. 105 107 Spanish
109 109
106, 5 399. 9,9, 9
Do 5p c Jan & July :. 989 999 Turkish.lBs6. 6p c 79 81
98: Do, 1845. 5 p c
Do Inscribed Stock .. 98 99 419, 9
98 Do, 1865 6p o
Dom of Can 5p c 1903 .. 99 101 61,
Ceylon 6 p c May and U. 5.5-20 Bonds. 6 p o 1884 91 919
November 1878 lO7 109 919, I, 9
Mauritius 1 pc Jan and Do do 1885 909 909
.Tuly 1873 lO3 105 - 909, 9
New SWaless p clB7l-76 lOO 101 Do 10-4013tids. spti 011 879 88
New Zealand 6p o 1891 lOB 110 ErieBtni,,loodols, all paid
Do 5p o
Do 5p c Consolidated 99 100 1099, 9
995, 4, 9 Atlantic and (4 W It Con
Do 6p o Mar &Sept
Dec 1891.1081891 109 11
1101 Mortgage Roods
Do Jut a &