The Sun.
London, England, 1870-04-25 00:00:00

THE MONEY MARKET

AND
COMINIER CIAL INTELLIGENCE.

CITY, Two O'CLOCK.
os Business was quiet to-day on the Stock Exchange,
and the tendency of prices downward. Consols
receded a trifle, and in the Foreign Market Italians
are
not so good as on Saturday. In Railways there
Is little change, Brightons, Great Westerns, and
North Westerns, being, if anything, the turn better.
Telegraph Shares are dull, and the same remark ap-
plies to Banking and Miscellaneous Securities.
There is an active demand for discount to-day,
both in the Bank and in the open market.
The Scrip of the Japanese Loan is quoted 1 to 2
prem.

At Mark-lane to-day the price of corn was without
alteration from previous quotations, but for feeding
Purposes holders of stock demand an increase in
Price.

Consols are now at 944 4 4 for money ; ditto,
account, 944 4; Three per Cent. Reduced, 924 1 ;
New Three per Cents., 921 4 ; Bank of England
Stock, 44 per cent., 235 3 ; Canadian 4 per Cent.
Bonds, 104.
dittotto
Exchequer Bills £l,OOO, 24 per cent., prem. ;
100, £2OO, and £.500, par 5 prem.
India Stock, 104 per cent., April, 1874, 2094 ;
5 per cent., July, 1880, 1131 ; ditto 4 per
cent., Oct., 1888, 100/ ; ditto Enfaced Paper
,
per cent., 1872, ; Metropolitan Board of Works,
3i per cent. Stock, 931 4.
111 the Foreign Market Argentine Sixes are now
89 to
4; Brazilian Five per Cents., 1865, 891 to
81 1; Egyptian Seven per Cents., 1868, 814 to
Italian Five per Cents., 1861, 551 to 551 ;
Mexican Three per Cents., 141 to 15 ; Peruvian
Three
per Cents., 1865, 871 to 88 ; Spanish New
-three per Cents., 1867, 284 to 29 ; Turkish Five per
Cents•,
•
1865, 471 to 484; ditto Six per Cents. 1865,
72 to 721; ditto, 1869, 611 to 621.
In the Railway Market Caledonians are 731 to
'3B; Great Eastern, 411 to 41/ ; Great Northern,
121 to 122 ; ditto A Stock, 127 to 1271 ; Lancashire
and Yorkshire, 1304 to 131; Brightons, 46 to 461 ;
London, Chatham, and Dover, 164 to 164; London
and North Western 1201 to 1201; London and
eolith Western, 92 to 93 ; Sheffields, 521 to 521 ;
Metropolitan, 774 to 771; Midland, 1261 to 1264 ;
and Dovers, 78/ to 781.
In Bank Shares Agra (A) are 104 to 11; Alliance,
124 to 134 ; Anglo-Austrian, 14 to 16 prem. ;
Chartered Mercantile of India, 314 to 321; Conso-
lidated, 41 to 41 prem. ; London and County, 49
tY 50 ; London and Westminster, 60 to 61 ; London
Joint Stock, 33 to 31 ; and Union of London, 37
to 38.
American Five-Twenty Bonds are 884 to 881;
the Ten-Forty Bonds, 854 to 864 ; and Erie Shares,
194 to 194.
Lombardo-Venetian are 161 to 161; Great
Luxemburg, 131 to 131.
I,l3ritish Indian Telegraph Shares are 9 to 91;
ireneh Cable, 154 to 151- ; Anglo-American, 171 to
971,t; China Submarine, 11 to 11 dis.; Falmouth,
+' 'l3 9i; and Construction and Maintenance, 361
37.
s°f the £421,500 in gold which recently reached
de Galle from Melbourne and Sydney by the
darner Malta, about £990,000 is on English ac-
ylint• Including the remittances previously ad-
ed, there is about £340,000 on the way to this
fto this
bCThe Calabar, from the West Coast of Africa, has
)eght about £4,000 in gold.
Council of India will receive tenders on the
ah, Of May for bills on Calcutta and Madras to the
—"lit of £40,000.
he London Stock Exchange, as the centre of the
tt"acial negotiations of the world, is about to open
tnew connexion. A loan of £1,000,000 for the
I)erial Government of Japan, contracted under
e
4 authority of Mr. Lay, as special commissioner,
colutroduced by Messrs. J. Henry Schroder and
9 The price is to be 98, and the rate of interest
at Per cent. per annum ; the principal redeemable
obAar Within 13 years by annual drawings. The
o
taijet is to connect by railway Yedo, the capi-
Dort.' the empire, with Yokohama, Osaka, and the
kw; of Tsuruga —points which comprise several
the
of inhabitants and the most active trading
h tam-Idles of the country. As opcCial security
a'.. a_
entire Customs Duties of the Empire, said to
be'lleum to £600,000 or £700,000 per annum, are to
.
tassigned, together with the proceeds of the in-
ended lines, which are all to be completed within
r ee or five years ; and the Oriental Bank Corpo-
644.ti°ut•who have had long experience of pecuniary
i‘ereourse with the Japanese Government and
t:°Ple, are to be the agents for the receipt and
4usruission of these funds.
,t
pa he report of the Royal Mail Steam Packet Corn-
.tte,, ua
to be presented on the 27th instant, reco-
ti :Is the payment of £2 a share—viz., a bonus of
out of the 4, insurance account," and 10s. a
pare out of the balance to the credit of the " repair
thet.reriewal account," the directors being of opinion
la the sum then remaining on the latter will be
alt enough to carry forward to the year 1870,
be Ugh this year's account will still have to
beial. heavy charge for the Tasmanian, which is
bodefitted at Glasgow with new machinery and
s.
eelhe report of the directors of the Cape Railway
perniNtly recommend a dividend at the rate of £6
etie,, Stock,
per annum be declared on the Prefer-
Of i'tnek, in addition to a dividend at the rate
Stoel:. per cent. per annum on the Ordinary
11,0111t,..° report of the directors of the Antwerp and
deliti'erdani Railway Company recommends a divi-
Per °I 164 francs per share, being equal to 6.6
cent.
Tthhe
annual general meeting of the shareholders
the e Imperial Ottoman Bank will be .held on
47th of
June.
The Council of Foreign Bondholders have pub-
the te a correspondence, from which it appears that
ezeh 1111 fixed—namely, the 30th instant—for the
to 'change of old Spapish Bonds of 1870, 'refers only
" and not to the External Bonds of 1841.
01 pi expect an early reply from the Minister
the `nance
t.to the representation addressed to him on
allbjee

Go BRITISH FUNDS—CLOSING PRICES.
8 `4°VERNItE - r 'DE
p%r ,-, .- NT UN •
8 i
1)4 ent. Consols
-1 4
94 -
i, t° for Account I
944 Ker Cent. Re luced 92j
N :+,
~ Per Cent
_
30'1 Per Cent. Jan. 1894
44„,." per Oen ja.c..18T3 ...... ... •-• •
r"lties 80 ' e sth Jan. 1880 —
D0„.,0 , ! yrs, expire
•,Lor JO yrs,_ expire sth April 1885 —Ea
lßed Sea Telebraph), Aug., 1908
ellecluer Bills, £l,OOO, 21 p. Ct. —
~ 1,11
5 pm
4.1,- £lOO, £2oo Jc £5OO par
235 3
ilk of En.gland Stock, 4i per Cent
e, 0 e
eittecl p ning
htsr-Col 4 4 Per
ouial Cent.
On:mai Bon
mds lO4
4,,p1141:4A1i GoVERNMRNT SECURITIES.
dc,4 Nr,tock, 10i per Cent., April 1874
_2o9i
1)7; 'Polling, for Account
113 i
Do, 0 pia Cent.
Oct
ItBo
100 i
D 1 Per Cent. Oct. 1888
E-i, :. Per Pape. 4 per Cent.............. —ing,
• 5 per Cert., Jan. 1872 ..... ...... •••••• '‘
,_, 5}
Psr Cent. May 1879
'Per e t R D') 187"
Cent., ~ up. 8 • —.
D
do '. 18.... % —
o
1882
DJ Deb do.
1) • 1,;•, 5 per Cent., Aug. 1873 ..... •••• 2
h° 4)oade, 4 per Cont., £l,OOl
"o• under 41,000
pm
4.r FOREIGN FuNDS—CLOSING PRICES.
.e,„.i z .tne
kecount Republic, Fper Cent
A 0
.....
4clitrilui Bottas .....
.; per cent
Do. 185

00000 00000 I ""..