The Sun.
London, England, 1870-02-07 00:00:00

F,xchoguzr Bills, £l,OOO, 21 p. Ct.llarch
Do. 21 do. June
Do £lOO, £2OO & £5OO Pm
Bank of England Stock, 4/ per Cent 2ll
0?. opening
...-
Canada 4 per Cont. Bonds —
Inter-Colonial Cranium
CITY, Two O'CLOCK. INDIAN GOVERN/SENT SECURITIES
lu:11.1. Stock, 101 per Cent., April 1874... --
The transactions to-day on 'Change were very I De. Opening, for Account
111 i
few, and prices of Consols remained unaltered E0..31 Pu,r ((3eenutt: Jouc7,llBBBBBo
1001
from those of Saturday. The Foreign market was ,
1 Doo. Enpfel'iced Pape, 4 per C0nt..... —
quiet, but prices did not give way to any particular Do. 5 per erns Jalui. 18178_2,4 ..v. —
extent. In Telegraph shares there has been a rise !o. 55A-Pcp.eruCenc.,.itupa.yDez;
1872,, ::
in Construction and India Rubber, but in Banking ?Jo do 18'7,,,, —
and Miscellaneous shares prices remain stationary. Do. do. 1882 —
b per Cent., Aug. 1873 ~ —
Consols are now at 921 to 921 for money ; L")Ds'o.p
Bonds; 4 per Cent., £l,OOO
ditto, for Account, 921; Three per Cent. Re- 7)o. under £l.OOO pt.,
duced, 928 i ; New Three per Cents, 921 1; i Fonmax FUNDS—Two O'atocK.
Exchequer Bills £l,OOO, March, par ; June, irgentine Republic, 6 per Cent ..
861 51
'''••• prem ; ditto £lOO, £2OO, and £5OO, March, Auti)t.°riAane's'll'o'nntds 5 per cent
par ; June, -- prmi. •; Bank of England Stock, Do. 1839 —
41 per Cent., 241. i BriAilian 5 per Cent —
I )0. 11 per Cent. 1852 —
India Stock, 101 per Cent., April, 1874, —;
t.),,. -
;to 1858 —
_
ditto 5 per Cent., July, 1880, 1113 1 ; ditto 4 per Do. oo 186.,
Cent 888, 1001 ; ditto Eufaced Paper, \
'I Oct.,• DDoo.. 5
edle., 18P,.3
• Cent., 186 a —
5 per Cent., —• 1 tie, Accountp
In the Foreign Market Italian is lower, at 511 Bieno.s Ayres 6 per Cent.
per ~nt. (Deft,rrd 3 per lieut.')
to 511. Peruvian arc 79 to 791 ; Argentine, 851 , Curve, G per 11
Cont.-
to 861 ; Egyptian, 761 to 761 ; Mexican, 141 to C ~,
dian 6 per Cent —
111; Spanish New Threes, 271 to 271 ex div.; I ,o. ti per Cent.
i D' o. 3 per Cent~
Turkish ser Cents., 431 to 431 ; ditt ) (1865), 431 Do. 7 per Cent., 1866
p
to 431; and New. Chilian Loan, Ito 11 prem. l'o. 6 per coot. 1867
e lo :aqua", 6 per Cent. —
American Five-Twenty Bonds are quoted 87 to Danish, 3 per Cent., 1825
871 ; Ten-Forty Bonds, 841 to 85 ; Erie Shares, Dan”t iau Principalities, 7 per Cent —
191 to 201 ; and Illinois, 105 to 106. Do Account
Do 8 par Cent., 1867 —
In the Railway Market business is dull. Cale- Ecuador New Consolidated, 1 per Cent
donian are quoted 77 to 771 ; Great Eastern, 381 Egi),:aFticlan, 7 PderlsCenet B5l
_
to 381; Great Northern, 1131 to 1141 ; ditto (A), Do. 5e5c0?,"8„.1.,.,u-, B5l
116 to 1161 ; Great Western, 621 to 631 ; Lan- Do. 1864
Account
cashire and Yorkshire, 128 to 1281 ; London and Do. £13500.0 Bonds 911
Brighton, 441 to 45; London, Chatham, and Dover, De „Cud Bonds
••. 931 3
141 to 151 ; London and North Western 1231 to Do. 7 per Cent., 1868 ~
. 77 61
1241 ; Loudon and South Western,: 93 to 94 ; Do. Account
Do. £lOO Bonds •
Metropolitan, 78 to 781 ; Midland, 123 to 1231 ; Government Railway Debentures 9Bl if
North Eastern (Berwick),i 1271 to 1271 ; and Green 5 per Cont., 1824 5, ex Coups. —
. Coupons
oath Eastern, 761 to 761. Guatemala 5 per Cent • .
In Construction and Maintenance Telegraph HoDnod.uAraeseG.uouvt Rail. Los n., 10 p.O t., all pd
801— 1
Shares prices are firm, at 431 to 441 ; and India Acelt9sia per Cent., 1865
Rubber at 61 to 62, a rise in both of £2. Anglo-
Ire. Dt-eomunmtan.s. Railway
American is 19 to 191 ; French Cable, 171 to 171; Bexica 3 per Cent
British Indian Submarine, 141 to 141 ; China Sub- DittopfnoroAccounltB64 l4l 131
marine, I dis. to par ; and Falmouth, 34 to 31 Do A per Cent. Anglo-French
prem. dontevideau 6 per Cent. ..
..11eolcvrish lmperia, 5 Fez Cent
In Bank Shares Alliance are quoted 121 121 ex
ts Granada 2Ol
div. ; Angh-Austrian, 141 to 151 prem. ; Anglo- Do 3 per Cen
Egyptian, 241 25 ; Anglo-Hungarian, 71 8 ; Char- DDoo.LDaenftcr;darrants 9/
(Hectares)
tered Mercantile of India, 32 to 33 ; City Bank, Peruvian 5 per Cent. 1865
101 111 ; Consolidated, 1-16.3-16 prem. ; Imperial, Do Account 79/ 1
16/ 171 ex div. ; Laud Mortgage of India, 11 ; Do 41 per Cent. (111:,barren)
Do 4} per Cent.. 1862 • —
London and Brazilian, 34 32 die. ; London and Do 6 per Cent.,1862 —
County, 491 501; London Joint Stock, 31/ 32 ex Portuguese 3 per Ct.,1853,'6, 7, 9,'60,'2,'3 321
Do. do. 1867 321
div.:; London and Westminster 581 591; Oriental Do. do. Scrip, £2O paid —
Corporation, 431 441 ; and Union of London, R Issian 5 per Cent., 1822, £St
36 37. Do 41 per Cent 1850
Do 41 per Cent., 1860
In Miscellaneous Shares Credit Foncier are Do 3 per Cent., 1859
3 3-16 to 3 5-16 ; General Credit and Discount Do 5 per Cent., 1862
Do. Anglo-Dutch, 1864, £lOO Bonds., 901
Do. do.
Company, 1 to i dis. ; International Financial, 11 £B4 158. do —
to 11 dis.; Berlin Waterworks, 15 to 151 ; Hudson's Do., 1866, £lOO Bonds
Bay Company, 12 1-16 to 12 3-16 ; Italian Irriga- do £84155. do —
DDoo.NicOlas Railway 67 1
tion Six per Cent., 631 to 64/ ; London Financial Sardinian 5 per Cent
Association, 11 to 12 ; London General Omnibus Spa Dnoish 3 per Cen
Account —
Company, 21 to 21 ; National Discount, 111 to 114 Do. 1867
ex div.; Peninsular and Oriental Steam, 46 to 47 ; Do. Account
and
Royal Mail Steam, 46 to 47. Do. New Deferred —
Do. Passive
At Mark-lane to-day the market opens dull, and Do. Com. Cert. of Coup. not funded —
prices were rather in favour of buyers. Do. Account
Swedish Provincial Mortgage Loan —
No bullion was sent into or withdrawn from the Do Government, 1864 —
Bank on Saturday. Do do, 1868
Turkish 6 per Cent ,
Do Account —
With reference to telegraph enterprise in the..,... .

riONLY MARKET

AND
COMMERCIAL INTELLIGENCE.

Mediterranean, it is stated that another very in-
flue' 1 " 11 but formed, the contracts

Do 6 per Cent. 1858
Do Account
Bond

.intial company is a.
to be signed immediately, for the purpose of con
necting France with Algiers by submarine cable.
It will be recollected that the formation of a com-
pany with a similar object was spoken of a few
days ago.
The San Francisco accounts state that in addi-
tion to the amount of specie exported from Califor-
nia by sea during the past year, about £700,000
Was sent overland to New York, and that the total
amount despatched during the year was thus raised
to £8,200,000. Advices fro:n Hong Kong to the
lEitn of December had announced that the treaty
between the United States and China, negotiated
by Mr. Burlingame, had been ratified by the
Chinese Government, and that the term of Mr.
Burlingame's mission has been extended two
years.

A good deal of attention is being directed to the
plan which is being circulated, under the auspices
of Mr. James Thomson, of the Agra Bank, and
litany other gentlemen of influence, with a view to
the reconstruction of the Albert Life Assurance
Company. The plan commends itself the more to
the favourable consideration of all concerned,
because it aims at " paying all claims in full."
The influential provisional committee state that :
"The result at which they have arrived, after care-
ful deliberation, is that the true course is to recon-
struct the Albert Office upon a sound basis; and
they have satisfied themselves that by conjoint and
general action on the part of shareholders, policy-
holders, annuitants, this may be done so as to
materially relieve and ameliorate the position of the
general body of shareholders, and, at the same
time, to secure for the policyholders punctual pay-
ment in cash of the sums for which they are assured,
of not less than 87i per cent. on non-profit, and 90
Per cent. on profit policies (all policies, ho Never, of
less than six years' standing, from Ist January,
1870, will be paid in full) as claims arise, annui-
tants 90 per cent. of their annuities in continuous
Payment ; the rema'ning 12i and 10 per cent.
being held in reserve, and made the subject of
deferred payment under conditions hereunder ex-
plained." The committee estimate a net deficiency,
" which must be provided to make the office sol-
vent,'' of £444,000, and they reckon that this defi-
ciency may be reduced to £294,000 by the realisa-
tion of £150,000 on account of the unpaid capita]
of the Albert Office.

-0- _
NORTH STAFFORDSHIRE.

A memorandum from the secretary of the Lon
don and North Western Railway states as follows
"With a view of making the public aware, at the
earliest period practicable, of the dividend likely to
be declared by this company at the ensuing general
meeting, I am authorised to state that the accounts,
though not yet finally audited or approved by the
board of directors, show a balance sufficient to ad-
mit of a dividend for the past half year at the rate
of 7 per cent. per annum." At the corresponding
period of last year the dividend of this company was
at the rate of 61 per cent. per.annum.
A meeting of the shareholders of the London,
Chatham, and Dover Railway Company will be
held on the 24th inst. The ordinary meeting of
the mortgagees of the line is called for the follow-
ing day.
The directors of the Great Indian Peninsula
Railway Company have made a call of £2 per
share on the shares with £lO and £4 respectively,
already called up, payable on the 26th instant.
The directors of the Alillwall Freehold Land and
Docks Company recommend a dividend on the pre-
ference shares, at the rate of 4s. 6d. for each share
of £2O, or 21 per cent. per annum.
At the meeting of the proprietors of the Bank of
Egypt, a dividend at the rate of 10 per cent. per
annum, and a bonus of £1 per share, were declared
for the half year, free of income tax.
Special meetings of the Great 'Western Railway
Company are called for the 17th instant, to sub-
mit to the shareholders two bills now pending iu
Parliament, as well as to consolidate or convert
into one ordinary stock any two or more of the
ordinary stocks of the respective sections of the
company.
At the annual general meeting of the proprietors
of the Bank of Egypt the usual dividend was
declared at the rate of 10 per cent. per annum,
and £1.0,000 to the payment of a bonus of £1 per
share,

BRITISH FUNDS—TWO O'Ol,OOK.
UOVERNMENT t'UNDF.
3 per Cent. Consols
Ditto for Account 921
S per Cent. Reduced 92
New 3 per Cent
New 2i per Cent. Jan. 1894
Do. 5 per Con Jv.n.1873
Annuities, SO yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885.,.
Do (Red Sea Telebraph), Aug., 1908.„

Do £IOC Bonds
Do 6 per Cent., 1862
Do. Account 67 64
Do £lOO Bonds 69i
Do. 5 per cent.. 1865 —
Do Account
Do 6 per Cent., 1865 —
Do. Account
Do 1 por Cent., Guaranteed lO2
Do do, Scrip —
Venezuela 3 per Cent. —
Do 6 per Cent. 1864
Dividenas on the above payable in London.
Austrian 0 per Cent. Ex 10 Florins
Belgutu, 44 per cent., Ex. 25f.
Dutch '2%-per Cant. Lx. 12 Gail„ —
Do. 4 per Cent. Certificates .. .
French Relates, 3 per Cont., Ex. 25f.
Italian 5 per Cont. 1851, E. zsf —
Do Account . 511 i
TWO 0'1111..001C.
Jonsols, Money 4I2- i xd
Do. Accoupt, March 9 .. (124 1 xd

!?.IILIVAY AND OTHER COMPANITS.

The report of the directors of this company
stated that the receipts for passengers, &c., amounted
for the past half year, ending the 31st of December
last, to £63,679, against £58,735 in the same half
of 1868, £58,859 in the same half of 1867, and
£58,965 in 1866. On the canal the tolls received
during the past half year amounted to £37,108,
against £35,422 in the same half of 1868, £39,915
in the same half of 1867, and £40,503 in the same
half of 1866. Those figures showed an improve-
ment of traffic in the past half year. The increased
receipts enabled the directors (after charging
£3,000 from suspense account to reconstruction of
engines) to recommend a dividend at the rate of 3
per cent. per annum, against 2i per cent. in 1868,
when no such charge for suspense account was
made, and when the unproductive capital upon
which interest was cbargel to revenue was £199,000
less than the present amount of £430,000.