The Sun.
London, England, 1870-02-22 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Busincss was very dull to-day on the Stock Ex-
change, and Consols were a shade lower. In Rail-
Ways there was an improvement in Great Northerns
and Metaopolitans. In Telegraph shares there has
been a rise in Construction and Maintenance. In
Bank shares there was little change, and for Mis-
cellaneous shares prices remain almost stationary.
Consols are now at 9241 to 92i for money;
ditto, for Account, 921 ; Three per Cent. Re-
duced, 928 a; New Three per Cents, 928 j ;
Exchequer Bills £l,OOO, March, prem. ; June,
2 preen. ; ditto £lOO, £2OO, and £5OO, March, 2
die. ; June, prem. ; Bank of England Stock, 44
Per Cent., 2 0.

India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1112 1 ; ditto 4 per
Cent., Oct., 1888, 101 1002 ; ditto Enlaced Paper,
5 per Cent., 1872, —.
In the Foreign Market Italian are 548 to 541 ;
Russian Fives (1862), 851 to 852 ; Charkof, 81 to
841 ; Moscow, 83 to 831; Egyptian, 772 to 781.
Viceroy-Loan is 812 to 82 ; Turkish, 441 to 441;
Brazilian, 881 to 891 ; Chilian, 97 to 98 ; and
Danubian Sevens, 891 to 901.
In the Railway shares Great Northern, Metro-
politan, Midland, and South Eastern have im-
proved. The prices are now :—Caledonian, 77 to
771-; Great Eastern, 381 to 381; Great Northern,
117 to 118 ; ditto (A), 118 to 118 ; Great Western,
631 to 64; Lancashire and Yorkshire, 1281 to 1282;
London and Brighton, 42 to 421 ex div. ; London,
Chatham, and Dover, 142 to 15 ; London and
North Western, 1241 to 125 ; London and South
Western, 93 to 94 ; Metropolitan, 771 to 771 ;
Midland, 1232 to 1241 ; North Eastern (Berwick),
1281 to 1281 ; and South Eastern 761 to 77.
In American Five-Twenties are 8821 to 89 ; Ten-
Forties, 84 to 841. Erie, 221 to 221. Illinois show
a_rise, viz., to 112, and Atlantic and Great Western
Debentures, 321 to 33i.
Great Luxemburg are 14 to 141; Lombardo-
Venetian as last quoted.
Construction and Maintenance Telegraph Shares
are now quoted 431 to 431, being a rise of 4 ; Anglo-
American is lower, 'l7 to 171 ex div. ; and China
Submarine ad Falmouth, at 1 to 1 dis. ; French
Cable, 16 to 161; and British Indian Submarine,
141 to 141.
In Bank Shares prices are without change. Agra
(A) is quoted 11 to 12 ; Alliance are 121 to 13/ ;
Chartered Mercantile, 321 to 331; Anglo-Austrian,
15 to 17 prem.; Imperial Ottoman, 3 to 3i prem.;
London and Westminster, 61 to 62 ; London
Joint Stock, 321 to 331 ; Union of London, 361 to
371; and London and County, 48 to 49.
I Ign Miscellaneous Shares Credit Foncier, 28 to
3,„; ;General Credit, 5-16 to 3-16 dis. ; International
Financial, 2 to 12 dis. ex div. ; Berlin Waterwdrks,
15} to 151 ; Hudson's Bay Company, 121 to 121;
India Rubber Works, 601 to 601 ex ,div. ; London
General Omnibus Company, 2 13-16 to 2 15-16 ;
National Discount, 11 to 111 ; Peninsular and
Oriental Steam, 451 to 461; and Royal Mail
Steam,
ter:day:ul to 561.
here were no gold operations at the Bank yes-

The amount of Australian gold on the way to
England is £486,000, cf which £346,000 is due at
Southamptonoriettai on Friday, by the Peninsular and
Company's steamer Delhi. The Great
Victoria is bringing £lO,OOO ; Holmsdale, £9,000 ;
Janet Court, £B,OOO ; Essex, £lO,OOO ; Alexander
tithie, £30,500 ; Cambodia, £41,000 ; and the
Excelsior, £31,500.
„The Araucania, from Valparaiso, has brought
''°4,ooo in specie. The Hipparchus, for Rio, has
taken 110,000.
It is understood that the Pacific Steam Naviga-
tion Company of Liverpool have resolved to esta-
T!sil a semi-monthly line of steamers between,
Liverpool and the West Coast of South America'
via the Straits of Magellan, and to begin the ex-
tended service as soon as their steamships now in
the course of construction arc completed.
, A prospectus has been issued of the Anglo-
illaltese Hydraulic Dock Company (Limited), with
a capital of £150,000 in shales of £2O, nearly
half of which has been subscrihed here and in
half of which has been subacrihed here and in
lalta. The object is to construct a hydraulic lift
dock
on the system of Mr. Edwin Clark, for which
the Maltese authorities have conceded an ample
site, accompanied by a subsidy of £5,000 on con-
dition that the works be completed within a
reasonable time.
.Tile report of the Telegraph Construction and
A
u-aintenance Company (Limited and Reduced), to
II" presented on the Ist of March, states that the
balance of profit and loss account, after returning
i
Per share in reduction of capital, conformably
with the resolution passed at the extraordinary
general meeting of the 14th of December last, is
68',223, exclusive of 15,000 bonus shares which will
Ceedlle due to the company on the successful lay-
-31.1g of the British Indian Cable. On the let of
cent' 1869, the usual interim dividend of 2i per
making
lwas paid, and a further dividend of per cent.,
6a',"lg 10 per cent. for the year, is now proposed,
eating £8,523 to be carried forward. The con-
cra,cte of the company now comprise the Falmouth,
i:oraitar,
and Malta line, 2,456 miles ; the Bri-
Indian Extension, 1,756 miles ; the China,
a''l4o Danes ; the British Australian, 1,163 miles;
Tbe Marseilles, Algiers, and Malta, 862 miles.
a L'e total amount of these contracts is £2,417,000,
t1:1 they insure the company ample work
th rai°eghout the present year and the next. Seve-
• Other contracts of a minor character are also
le hand.
The report of the Estate Company (Limited
andta Reduced), to be presented on the 28th inst.,
avows an improvement in the rental account,
recommends a dividend for the half-year at
the rate of 4 per cent. per annum.
In relation to the affairs of the Atlantic and Great
is "tern Railway, Mr. D. Chadwick, M.P., has
sited a report of the results of his recent visit
'° America on behalf of the Bond and Debenture
it:Aders' Association, which will be presented to a
meeting on
the 23d inst., and in which, with the
view of securing an immediate settlement of all
existing claims on the line, he proposes a plan of
arrangement.
The mail from South Australia, with dates to the
4th of January, advises that the wheat harvest had
not, after all, yielded the expected results. The
.rote of censure on the Agent-General of Eng-
land remains uurescinded. Large changes were
being made in the public services with the view to
further economy. 'lenders were being invited for
leasing the Southern Railways. The draining of
the swamp lands in the south-eastern district was
Under discussion.

The deliveries of tea in London, estimated for
the week, were 1,023,5831 b., which is a decrease
of 122,5671 b., compared with the previous state-

The report of the directors of the Temperance
rernianent Land and Building Society, to be
Presented at the meeting on Wednesday next,
States the total receipts for the year at £431,000,
d the assets of the company at nearly £BOO,OOO.
Profit has been apportioned to the investing
n Shareholders at the r ate of 71 per cent. per
"nLuin.

Webb
dvices from Melbourne state that Thomas
ebb Draper, a cashier, had defrauded the Com-
l'aercial Bank to the amount of nearly £lB,OOO,
t4'l that the manager (Henry G. Downtnan): of
itjliaeleael:Tucauia
ridaderale branch of the National Bank, had
undertaking.
.
with embezzling moneys belonging to
a half-yearly meeting of the Great Western
vi,hilwaY Company is called for the 11th of March,
e—ell an agreement with the Stourbridge Railway
hi'),ltlutl°4°Y to alter and modify the beads of agree-
ted
made on the Ist of June, 1866, will be sub-
to the consideration and approval of the
ilieting
thi't'l_le South Eastern Railway traffic return shows
e, "eek a decrease of £3,578 compared with the
,rreBr,w.
on a, 'Ling Period of last year ; and the Brigh-
ecrease uf £4,393.