The Sun.
London, England, 1870-04-23 00:00:00

MONETARY Y REPORIS- -ESTERDAY.

The market for English railway stocks opened heavili.
at further reduced rates ; but towards the close more
animation was apparent. Nevertheless, compared with
last evening, the quotations are easier. Midland has beta
done as low as 1232, 126, but has since recovered to 126*,
1268, shewing a fall of A similar reduction took place
in the value of London and North-Western, whilst Great
Western has been 2 lower. Great Northern A, after being
dealt in at 1261, 127, recovered to 127, 1271.

Indian railway stocks have been quiet. Canadian
shares have been dull, with a tendency to weakness. As
regards foreign shares, Lombardo opened at 16t to 16S,
but subsequently receded to 16i to 16g.
Firmness has continued to be the feature of the market
for foreign bonds. There has been a good demand for
Egyptian (186 S), and Turkish Five-per-Cents., at an
advance of Guatemala (1869) bonds have risen 1.
Chilian (1867), and Turkish (1863), Russian (1859),
and Chilian (1870), Portuguese (1867), Spanish (1869), ani
Turkish (1869), per cent. ; but New Grenada have faller.
per cent.
American securities have been flat. Atlantic and Great
Western Consolidated Mortgage Bonds have fallen 11.
Erie shares, ; and Illinois Central, ; but Philadelphr,
have risen 1.

Telegraph Construction shares have been dull, and I
lower. Hooper's Telegraph Works opened heavily at
dis. but recovered to dis.

In miscellaneous very little business has been doing at
about previous quotations.
In the market for mining shares, very little business has
been doing, and prices have been without change.
Bank shares have conimanded more attention, and full
quotations have been realised.

Telegraph shares have been flat. British Indian sub-
marine have fallen 1.

The discount market has been fairly supplied with
capital. There has been a moderate demand for accom-
modation, and three months' paper has been taken at 21
per cent.

There have been no bullion operations at the Bank
to day.

In the rates of exchange no alteration has taken place.
At Mark-lane to-day the wheat trade was quiet, but at
fully late rates. Spring corn was quite as dear.
In reference to the state of the bullion market, Messrs.
Pixley, Abell, Langley, and Blake remark, " The French
exchanges still keep firm, and all gold goes into the Bank;
the quantity sent in since our Circular of the 13th inst.
being £lB,OOO. Further amounts will follow in the next
few days as the Peninsular and Oriental steamer is due
on the 23d inst. with £403,000, all of which will be kept
here. The silver market is very flat, there being no de-
mand for India, and sales that have been made have con-
sequently been for Holland, the price being somewhat
flatter at 603 d. per oz. standard. There has been very
little doing in dollars during the week, the price, how-
ever, keeps tolerably firm, andthere are orders unexecuted
at 590. per oz.
Tenders have been invited by the Bank of New South
Wales and the Consolidated Bank (Limited) for £lOO,OOO
Tasmanian Government Debentures, bearing 6 per cent
interest, and redeemable in 1901. The capital
is to be employed in the Launceston and
Western Railway, and is secured upon the public revenues
of the colony. Tenders will be received until the 28th
instant, and a payment of 2 per cent will be required on
application, a further sum on allotment to reduce the
amount unpaid to 100 per cent., and the balance on the
30th of June next.

A prospectus has appeared of the British and Foreign
Plate Glass Insurance Company, with a capital of £lO,OOO
in shares of £2 each.

The South African Gold Fields Exploration Company
(Limited), have received by mail information from Mr.
Tiaomas Baines, F.R.G.S., the leader of their expedition,
that by advice of Mr. Nelson, the geologist, he has laid
out a claim to an auriferous tract of country in latitude
18'10 South, on behalf of the company.