The Sun.
London, England, 1870-03-17 00:00:00

MONETARY REPORTS -YESTERDAIT

le brook Exchange markets to-day have been without
feature of importance. There his been less depression ill
the market for telegraph shares, and, although
business has been by no means extensive, the ten
dency generally has been favourable. Consob
have been firm and unaltered, at 92i, 921, for money, anG
92k, 93 for April. Reduced and New Three per Cent!
911, 91aex-div. Bank stock, 240, 242 ; India Five per
Cents 112, 1121, and India Bonds 20s. to 255. prem.
Exchequer Bills par to 4s. prem.
Transactions in English railway stocks have been re-
stricted, and the late advance has not, in all cases, been
supported. Caledonian and Metropolitan have been firm
at a further improvement of , but Great Western and
Midland have fallen 1, and Manchester, Sheffield and
Lincolnshire, at the same time, have been 4 easier.

Indian Railway Stocks have been dealt into a moderate
extent, at about yesterday's closing quotations. Canadian
shares have been quiet. and prices have been unchanged.
As regards foreign shares, Lemberg-Czernowitz have been
firm at 170, but Lombardo have been flat at 19.2.
The money market, to-day, has been rather quieter. Both
at the Bank and in other quarters, the demand has been
less active, and t:te rates have been rather easier. Thirty-
and sixty days' bills have been taken at 2i to 3 per cent.,
and three months' at 3 per cent.

No bullion operations have been reported at the Bank
to-day.
On the whole the market for foreign bonds bas been
steady, owing to realisations. Egyptian, 1868, and
Turkish 5 per Cents have been flat, and whilst
the latter stock has receded I, the former chews a decline
of per cent. Venezuela have risen 1, Argentine (1868)
and New Grenada and Brazilian (1865) and Spanish
(1869) per cent.

American securities have been flat. The Five-Twenties.
(1837) bonds have fallen 1, and Illinois Central shares 2,
but Erie shares have risen A.

There has been very little inquiry for either English,
Colonial, or Foreign Mining Shares, and prices have been
unaltered.

Bank Shares have been quiet, and Imperial Ottoman
have been lower.

At Mark-lane wheat has been quiet, at Monday's
quotations.

The biddings for the £387,000 in bills on India have
taken place at the Bank to-day. The amounts allotted
have been—to Calcutta, £382,900 ; and to Madras, £4,600.
The minimum price was fixed at ls. lid., and the tenders
at is. 11 d. will receive 56 per cent.
The traffic receipts of the London and North-Western
Railway show an increase of £6,500.
At a meeting of the London Assurance Corporation, &
dividend of £2 5s per share was declared.
The Samke and Meuse Railway Company have an-
nounced a dividend of 4s. per share.

The report of the Mutual Pontine (Westminster Cham-
bers) Association (Limited), to be presented on the 30th
instant, recommends a dividend foP the six months ended
December 31 at the rate of 3i per cent per annum, leaving,
after an appropriation of £2Ol to suspense account, 8,
balance of £139 to be carried forward.
The suspension is announced of Messrs. Peter Eckersley
and Son, stock and share brokers, of Manchester. Their
liabilities on the Stock Exchange are stated to be about
£3,000. Mr. Eckersley, Sen., retired from the firm about

a year ago,

The failure is announced of Messrs. R. and S. Brear,
cnnmission agents, worsted spinners. and manufacturers,
of Bradford, with liabilities estimated at about £13,000.
The traffic returns of the Midland Railway for the
weekending 13th March,, present a total of £66,172, being
an increase of £5,130, when compared with the corres-
ponding- week of 1869.
The depression in the market for Telegraph shares has been
less marked. British Indian Submarine, and Falmouth,
Gibraltar; and Malta have recovered 4.
Hooper's shares have been quiet, at discount to par.
Silver's India-rubber and Telegraph Construction shares
have beeen without further alteration.

Miscellaneous securities have commanded but little
attention, at about late quotations.

The report of the directors of the Glasgow and South-
Western Railway Company, to be presented at Glasgow'
on the 23rd of March, shews that the amount expended
on capital account during the half-year was £213,216.
making a grand total of 4,139,307. The amount of
capital expended during the last half-year was £137,175 less
than the amount estimated, and including that balance the
estimated expenditure during the next half-year is £161,350.
The debentures falling due at Martinmas were renewed on
satisfactory terms, and the present average rate of interest
on the floating debenture debt of the company is Si Os. 3gd.
per cent. The total traffic receipts for the past half-year
are £22,833 in excess of those for the corresponding period ;
but this company's proportion of the Barrhead Joint Line
traffic (which appears in the accounts for the first
time) amounts to £4,811, thus reducing the
increase to £18,027, as follows, viz, :—lncrease in
coaching traffic, £1.438 ; Merchandise, 5,941 ; and
minerals, £11,035; the live stock traffic having de-
creased
to the extent of £387. The dividend on the
fixed preference stocks and shares of the company amounts
to £31,365 55., leaving a balance of £118,969175. Bd. ; and
the directors recommend the shareholders to declare a divi-
dend at the rate of -53; per cent. per annum on the ordinary
and participating preference stocks of the company, car-
rying forward 24,185 3s. 2d. to the Credit of next half-
year's account.