The Sun.
London, England, 1870-03-10 00:00:00

MONETARY REPORTS—Yesterday.

Influenced by the satisfactory traffic return, the tone of
.
the market for English Railway stocks has been healthy,
and without exception the fluctuations have been favour-
able. The principal movement has been in Great Northern
A, which has risen 2. London and North-Western has
improved Midland g, Great Western t, and Metropoli-
tan f
Indian railway stocks have been firm in value, with a
moderate demand. There has been a continuance of the
inquiry for Canadian shares. Grand Trunk have fully
maintained late quotations ; whilst Great Western shows
a further recovery of it. Foreign shares have been firms
in value and demand.
No important change has taken place in the position of
the money market. Capital has continued comparatively
scarce, and with a fair demand for accommodation, both
at the Bank and in other quarters, three months' paPer
has been charged £3 to £3l per cent.
At the Bank of England to-day no bullion operations
have been reported.
The Maine, from New York, has brought £13,100 in
specie.
As regards foreign bonds, there has been a fair inquiry
for Italian, Peruvian, and Spanish bonds, and a frac
tional enhancement has ensued. Russian and EgyPti'T
have' been steady, but Turkish have been fiat. The fol-
lowing are the alterations :—An advance of in Peruvian
1865, of in Spanish and Italian, and a fall of Per
cent. in Brazilian, 1865, and Turkish. Five per Cents.
American securities have continued firm. ho
twenties, 1887, and Ten-forty Bonds have risen t ;
ginia, Illinois, and Pennsylvania,
Mining Shares have been purchased to a moderate
extent, and prices have been without material alteration.
Bank Shares have been quiet, nevertheless the quota-
tions have been unchanged.
Telegraph Shares have been rather better, and prices
have slightly recovered from the recent depression-
Anglo-Mediterranean have advanced and British
Indian Submarine I.
Telegraph Construction Shares have been firmer, Alla
have risen I. India-rubber and Hooper's have been
unaltered.
For Miscellaneous Securities there has been but little
demand, but prices have been supported.
At a meeting of the Kettering, Thrapton, and Hunting-
don Railway Company, the directors' report was adopted,
and a dividend at the rate of 5 per cent. per annum we°
declared on the A or Preference Stock, and off per cent*
per annum on the B or Deferred Stock.
Paris advices mention that the subscription for the
Great Ottoman Railway scheme will commence on the
15th inst. The bonds, which will be of the nominal vale°
of 400 francs, will be issued at 180 francs, and bear It°.
rest at the rate of 12 francs per annum. There will be oilc,
annual drawings, three of which will include prizes oL

600,000 francs, and three of 300,000 francs.
At a meeting of the North British and Mercantile in.
surance Company it was shown that the fire premiu°
during the year had amounted to £505,429,
and the losses, to £197,434. The new lif°
policies .were 863, insuring £933,301, yielding ill
premiums, £30,922. The fire reserve funds now amount
to £598,251. The total annual income of the company
£901,567, and the accumulated funds are £3,091,910.
dividend of 20s. per share, being at the rate of 16 Per.
cent. per annum, was declared, and it was resolved that
in future the dividends should be paid half-yearly.
At a meeting of the Legal and General Life Assurance
Society, the new premiums for the past year were 01100
to have amounted to £9,121, assuring £246,975. The
total is £212,000, of which £70,625 is from interest Oa
investments, and the total assets are £1,580,000.
The failure has been announced of Messss. J. B. -01
bridge and Co., commission merchants, of New 0140'11°4',
with a branch at Liverpool. The liabilities are heavy, but

they will principally fall on New Orleans houses.
Messrs. Gold and Taylor, chemical manufacturers, 0f
Newcastle, have suspended payment, with liabilities Or
£26,000, and assets valued at £5,000:
At Mark-lane to-day wheat was firm, and the late scl'

vance was maintained.
The traffic receipts of the Midland Railway shell' 511
increase of £8,290.
The suspension has been announced of Messrs. Thoulag
Postlethwaite and,Co., of Liverpool, but the liquidation 115
expected to prove favourable.
At a meeting of the creditors of Messrs. Paneo, Sch
der, and Co., of Manchester, an offer of 3s. 4d. in the poll
was accepted, on the understanding that Mr. Paneo sh°4l
pay a further sum of 3s. 4d. in the pound by annual instal'
meats of £l,OOO each for five years, out of property settle'.
en his wife.