The Sun.
London, England, 1871-02-10 00:00:00

THE SUN, LONDON, FRIDAY, FEBRUARY 10, 1871.

MQNDTARY ARI-IORTS,YESTERDAY.

Lou and N orth-Westeru 12911291 Madras guar 5P 0
1291 1031
Lott and South-Western 931 941 N. Railway of Canada,
94 6p c ist Pre( Bonds
Man, Slid, and Lincoln 451 46 (hide and Ilohilkund g
Metropolitan
64 2 Saluda, Punjanb. and
M ((liana
1214 1011
North-tasternConsols.. 147 1471
North British
34, 31 g 7 p c 184 19
South-Eastern
Belgian 11 Junction .... 21 21
Atlantic and St Lawrnce 76 78 261
771 Diumburg and Witepsk 19 191
Bombay, Baroda, and Dutch-Rhenish 221231
ventral ludic. g 5 p c.. 103 104 Eastern of France lB 20
Buff and Lake Huron .. 41 41 Great Luxembourg
Do 51 pc 80nd5.1872-3-4 80 82 Lemberg Cxernowitzgita
Cape guar 6p o
East, Bengal guar 6 p c.. 103 104 16
East Indian. g 5 p 4 ..... 109 in Northern of France
grand Trunk Canada .. 121 121 401, 40
Do Equip Mort Bad 1 Ottom(Smyrna to Aidinl 5 51
charge 0n o
93 (Limited) guar 7p a .. 15 151
Do 2nd do Bonds
86 South Austu k Loin-Yen 141 15}
tut tat I'ref Bonds lB 59 151. 141
Do 2nd Pret Bonds
lio lall rat Sleek

Business on the Stock Exchange to-day has been of a
very moderate character, owing to the progress of the
fortnightly settlJtnent. Nevertheless, the tone on the
whole has been healthy. The tenor of the telegrams from
abroad has not been unpeaceful, and has been productive
of an improved feeling, which was somewhat strengthened
by the announcement in the Queen's Speech that the Ala-
bama question and the fishery dispute are about to be
referred to a joint commission. No change has
been made in the Bank rate, and the general
position of the discount market has been unaltered, with
the exception of a slight enhancement in the inquiry for
accommodation in the open market, owing to the fort-
nightly aettlement. There is no doubt, however,
that should peace be insured the demand for
moaey would tlapidlty Anorpase, and the rates on this side
of the Manna would mote closely approximate those of
the Conttnent, The railway market elate characterised
by firmness, and an advance has tak in Caledonion
Great Northern A, Midland and Great Western. In the
foreign bond market Turkish have exhibited signs of
weakness on the unfavourable rumours circulated with
reference to the payment of the diviends. Consols have
been steady at 911, 92 for delivdery, and 91 15-16,
921-16 for March. Reduced and New Three per Cents.,
92, 921; Bank Stock, 244, 246 ; Echequer bills, 7s. to 12e.
prem.; India Five per Cents., 110, 1101; and India
Bonds, 225. to 275. prom.
An increased amount of steadiness has been apparent
in the English railway market. The movements have
not been important, but they have been of a satisfactory
nature, consisting of an advance of 1 in
Caledonian and Great Northern A ; of
in Midland ; and of 1 in Great Western.
Metropolitan, 651, 651 ; Caledonian, 87/, 881 ;
Brighton, 431, 44; South Eastern, 771, 78; Great
Northern, 124, 1241; Great Northern A, 133, 1331:
Great Eastern, 381, 39; North Eastern, 1461, 1471; Mid-
land, 1272, 127 g; North Western, 1292, 1292; and Great
Western, 722, 73.
Indian Railway Stocks have been quiet. East Indian,
1091; and Scinde, 1011. For Canadian shares there has
not been much inquiry. Foreign Shares have been dull.
Lombards have been lower, at 141 to 151 ; Bahia and
San Francisco have marked 181 to 19; and Central
Argentine, 201 to 201.
In the foreign bond market very little business has been
doing. Turkish have fallen about 1 per cent. ; otherwise
no change of importance is noticed. French Scrip is
quoted at 11, 1/ prem.; Egyptian (1868), 731, 74 ; Italian
(1861), 541, 541; Spanish, 30 3-16ths, 30 5-16ths ; Turkish
Five per Cents., 411, 412 ; ditto (1869), 511, 512; Mexi-
can, 132, 134 United States Five-Twenty (1882) Bonds,
902, 901 ; ditto (1885), 901, 902.
There has not been much inquiry for Bank shares.
Anglo-Egyptian have been done at 222, 1 ; Consolidated,
41 ; Imperial Ottoman, 111, ; London and Westminster,

624, 4_
Telegraph Shares have been in but moderate request.
British Indian Extension, 7i, ; British Indian Sub-
marine, 7/, 7f ; Falmouths, 0a ; Silver's Indiarubber,
52, 52k. Construction, at 26, 26k, have been 1 lower.
Miscellaneous securities have sold slowly. Credit,Foncier
of England, 21, 3 ; General Credit and Discount, 7i, 7/ ;
National Discount, 111.
The liquidators of the County and General Gas Con-
sumers' Company have notified that a second dividend of
10s. in the pound (making with that already declared a
payment in full) will be payable to-day, at the offices of
Mr. W. J. White, 33, King-street.
The Clearing House return for the week ending Feb-
ruary 8, shews a total of £75,057,000, against £74,177,000
for the corresponding period last year.
There has been a good demand for discount to-day, and
three months' paper has been charged 2a, 2i per cent.
The supply of capital has been moderate.
The City of London, from New York, has brought
£30,550 in specie.
The sum of £30,000 in sovereigns has been withdrawn
from the Bank for shipment to Alexandria.
At a meeting of the General Credit and Discount Com-
pany a dividend at the rate of 5 per cent. was declared.
At a meeting of the Lion Brewery Company a dividend
of 7 per cent., making 12 per cent. for the year, was de-
clared.
At a meeting of the British Australian Telegraph
Company, the directors report, of which the following is
an extract, was adopted :—The progress of the Company
to the end of the past year includes the period in which
the first section of the Company's cable (be-
tween Singapore and Batavia) was laid. This
undertaking was completed. on 14th November, the section
being opened for traffic on the 190. The Java-Austra-
lian cable is now being manufactured, and will leave
England in June or July. The Government of South
Australia is pressing forward the erection of a land line
between Port Darwin and Port Augusta, which will
connect the whole telegraph system of Australia
with the landing point of the Cable. This line, it is
expected, will be completed by the end of the present
year, and will relieve the company from the cost of build-
' ing and maintaining the originally contemplated line to
Burketown. Since the Singapore-Batavia cable has been
in work, the British Indian Extension Company's Cable,
connecting Singapore, Penang, and Madras has been sub-
merged, thus establishing uninterrupted telegraphic com-
munication between England and the Island of Java.
The sections to China and Australia will be completed
in the course of the present year.
The Birmingham Morning News states that yesterday
afternoon a meeting of the creditors of Messrs. Vernon
and Co., ironmasters, Dudley Port, was held at the offices
of Mr. Hipkins, a creditor. The liabilities were shewn to
be £20,000, and the assets about £2OO, but hopes were
entertained that property held by the four partners might
realise £6OO, and so increase the dividend. An execution
for rent was hanging over the premises, and Messrs.
S. Hipkins and S. Bradley were appointed to watch over
Le affairs, and take the best means for realising the

estate.
In the report of the directors of the Lancashire and
Yorkshire Railway Company, to be laid before a meeting
of the shareholders, nn the 15th inst., mention is made of
the loss sustained by the company in the death of their
respected chairman, Mr. George Wilson, and intimation
is given that the directors will propose a resolution
authorising them to apply the sum of £5,000 out of
revenue for the benefit of Mrs. Wilson and family, "as
some recognition of the very great services rendered to the
company by the late chairman."
The directors of the South Devon Railway Company
at their meeting to-day agreed to recommend a dividend ,
the rate of 31 per cent. on last year. £l,OOO carried
forward.
The traffic returns of the Caledonian Railway shows an
increase of £2,140 compared with the corresponding week
of last year; the Manchester, Sheffield, and Lincolnshire
has increased £285 ; the Great Northern, £1,539 ; the
Lancashire and Yorkshire, £3,191; the Great Western,
£4;305 ; the. London and North Western, £5,877: the
Bristol and Exeter, £1,120. The Great Eastern has
decreased £1,382 ; and the London, Chatham, and
Dover £494.