The Sun.
London, England, 1870-04-12 00:00:00

THE MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY; Two o'CLocx.
The business on 'Change to-lay was firm though
limited. Consols are steady at their quotations, but
in the For,,ign market there has been a fall in Turkish.
In Railway shares the transactions have been better,
and an advance has to be noted in B:ig,htons and
Metropolitans. For Telegraph shares there is not
131,114 inquiry, and in Banking and Miscell,meous
been
prices are almost without change. There has
cell rather more demand than usual for di count,
and 21 to 3 is charged. for first-class balls.
Consols are now at 931 to 94 for money; ditto,
account, 938 48 ; Three per Cent. Reduced, 921 1 ;
New Three per Cents., 92 ; ditto Annuities, 1885,
11 3-16 ; Bank of England Stock, 41 per cent.,
231 3.
Arena. ,•
Exchequer Bills £l,OOO, 21 per cent., March, 1
ditto £lOO, £2OO, and £5OO, June, prem.
India Stock, 102 per cent., April, 1874, 210 ;
ditto
5 per cent., July, 1880, 1131 I ; ditto 4 per
eent., Oct., . 1888, 1001 ; ditto Enlaced Paper
A
Per cent., 921 ; ditto 5 per cent., 1872, 1038.
In the Foreign Market Argentine Sixes are 90 to
901; Brazilian Five per Cents., 1865, 881 to 881;
~,'.l37ptian Seven per Cents., 1868, 801 to soi ; Italian
4e per Cents. 1861, 541 to 541 ; Mexican Three
Per Cents., 141 to 15; Peruvian Five per Cents.,
1865,
84k to 841 ; Spanish New Three per Cents.,
1867. 271 to 28 ; Turkish Five per Cents., 1865, 461
to 461 ; ditto Six per Cents., 1865, 691 to 70.
10 the Railway Market Caledonians are quoted
nOW 74 to 781 ; Great Eastern, 391 to 401; Great
-Northern, 1181 to 1191 ; ditto (A) Stock, 1251 to
126 ; Lancashire and Yorkshire, 1281 to 129+ ;
Brightons, 464 to 461 ; Great Western, 681 to 694 ;
London, Chatham, and Dover, 161 to 161; London
and North Western, 1241 to 125 ; London and South.
Western, 881 to 89/ ; Sheffields, 521 to 52 ; Metro-
Politan, 78 to 781 ; Midland, 125 to 1251 ; and
Lovers, 771 to 771.
Anglo-American Telegraph Shares are 171 to 18 ;
Aaaglo-Mediterranean, 161 to 17 ; ,Atlantic, 12 to 14 ;
ditto Eight per Cent. Preference, 11 to 21 ; British
Australian, 21 to 2 dis. ; British Indian Submarine,
„9 98 ; British Indian Extension, 22 to 21 dis. ;
China Submarine, 11 to 11 dis. ; Falmouth, G.braltar,
and Malta, 91 to 9f ; French Atlantic, 151 to 151 ;
Marseilles, Algiers, and Malta, 2to 11 die. ; Reuter's
Panama,
New, 101 to 11 ; and West India and
reoania, 71 to 71.
In MiscellaneouS Shares business is very limited.
Credit Foncier, 21 21 ; General Credit, 1-16 3-16 ;
ljternational Financial, 11 11 die. ; Unison's Bay
"ipany, 121 121; London General Omnibus Coln-
.1:0411Y, 21 2i; Peninsular and Oriental Steam, 421
'4; and Royal Mail Steam, 50 52.
t,ll.'lle private advices from Brazil are a day later
sn those purporting to give an account of the ac-
'loll of Lopez, the fugitive ex-President of Paraguay,
Rill, 'which, at the head of a " strong force," he " de-
-°Yed an entire regiment" in the Brazilian province
~4
Matto Grosso. The report had or;ginated at
°"O5 Ayres, but was so little credited that it was
not even transmitted by telegraph. Indeed, at the
latest dates, Brazil and her allies, the Argentine and
Uruguayan Republics, were arranging the terms of
07,tanifesto declaring the war at an end. The rate
',exchange at Rio was firm at 20d.
it ou.erger Spence and Co.'s weekly report says
bnce our last circular of the 4th comparatively
aParcels have been negotiated for contracts. There
I.las been a fair market for present consumption ;
and, in some of the most important branches, the
requirements keep pace with the production. In
i'lliaerals there is not much doing, most of the con-
:niers being under contract. Pyrites is much firmer,
°d, although higher Flees are asked, they are not
obtainable excepting for trifling parcels. Metals
have shown more briskness during the week, and
Prices genera'ly tire higher. Scotch and Cleveland
ig iron continue in good demand, and quotations
f3';°l' both are very firm. Makers of manufactured
iron are in better spirits, and hope soon to be able to
obtain full list prices. Copper is very quiet. In tin
- large business has been done during the month at
advanced rates. Lead is easier, with an average
trade doing in it. Spelter is in rather better inquiry,
with a slight improvement in values.
Ile Brighton Railway traffic return shows this
meek an increase of £ll2, and the South Eastern a
decrease?i of £776.
1.:Clle Great Western of Canada Railway traffic re-
-1) for the week ending the Bth inst., shows a 4de-
crease of £1,815.
11
t special meeting of the London and South Wes-
t: Railway Company is called for the 28th inst.,
lin take into consideration a bill introduced into Par-
ifnaent for making railways from Barnstaple to
racoMbe.
azthan
(i3r )
Prospectus has been issued by the San Paulo
Gas Company (Limited), with a capital
:itc!7o,ooo, in shares of £lO, to carry out a conces-
' Which has been purchased for £3,500 for the
introduction of gas into the city of San Paulo. The
J4cessios is exclusive for 25 years from the 9th of
41y, 1869.
spa
directors of the Anglo-American Telegraph
diclvillPrly have determined to recommend a further
thel'3ed of ss. per share for the nine months ended
,/,lat of January last.
sec'te preparations for the expedition of the first
Tell" of cable to be laid by the Great Northern
hreegraph (China and Japan Extension) Company
den ,Illaking progress. The Dan'sh frigate Tor-
Willl4'iold has arrived in the Thames, where she
roll take on board a portion of the cab:e, for the
Ete 4incler of which the company have chartered the
tiiiian'ers Calla and Great Northern. About 400
i.44;e', are now finished in the t inks, and the re-
ttt'illter will be completed by the time the ships are
ex,eg 11P and ready to receive their cargoes. It is
bevectecl that before the end of May the whole will
• °II its Way to China.

8 oittr,o f
BoIrtITISII FUNDS—CLOSING PRICES.
a ~..Q3VEUNMENT rUNDS.
931- 4
kI,!F Cent. Consols
94 4}
Account
ltit)„,4 %dent. Re laced
• d
92 I
Now per Cent
D°.2l per Cent. Jan. 1894
Al 5 Per Cen Jan. 1873
,Illiitiee 30 iro sth Jan., Ib6o — _
uo. f_ ! yrs, exp
b„, for do
tte" (Red Sea Teleisraph). Aug., 1908 1
yrs, expire sth April 188 f, ll 13-16
lioqnr.r Pills, .Cl,OOO, 21 p. Ct.
„,, 1)1 Do.
mutt,
P
2f do. June —
pm
£lOO, .£2OO & £5OO
231 3
fiN of ngl9.tid Stock, 41 per Cent
13 ja)* oPoin,*
let - 1 per Cent. Bonds
Br-Colonial Ointuum
14di 64)143 kiIVERNBIENT SECURITIES.
iy:
r,t,ock, 101 per Cent., April 1874--
_2lO
bs; ,Pating, for Account
1131 1
b • ° Per (joßt..fuly, 1t 80
100-t. 1.
e; der
()out. Oct. 1888
92i
D ). -,..,nfaced Papua 4 per Cent.. ...••• •..
104 D ; Poi' Cert., Jan, 1872 ...• ..... ••• _
..i Par o;,•it. May 1879
°' Deer Cont., Rup.De',...,, 187"
I))
18,7%, „ ..... ••
do
D 1.)0.
do. 1882
Deb., 5 per Cent Aup. 1873 ... •-•••—
..io, B
~ _
r, , 4 per Cent., £l,OOO
,10. under .£l.OOO — Pm
At ronEica; FUNDS—CLOSING _PRICES.
Sintine
A, Republic, 6 per Cent.
.
0 Aco ultot
..........
_
.iitrian Bonds ...
. per cent ..
lir . 00. 1859
azilian 5 per Cent
50. a
IN *I Per Cent. 185?
1)0: do 1858
bo nu 1860
•••• t)c) • do., 1803
i). 50, A c per Cent., 1865 ... . 871
13
cou
Esoc ...
. oe
•• ... ..
1.1 a Ayres 6 .;or Ccnt.
0 ii:APer Cont. (Deferred 3 per•
Cent .:` • -- V Per Celat. ...... itimm‘f.,,•:o ..... gm •—•