The Sun.
London, England, 1870-02-25 00:00:00

MONETARY REPORTS—Yesterday.

An increased amount of animation has been noticed in the
Stock Exchange to-day. The business doing, especially in
railways, has boen on a more liberal scale, and the move-
ments generally have been favourable. Foreign bonds have
participated in the improvement. Consols have been firm,
and 1 better, at 921 to 921 for money, and 921 to 921 for the
March account. Reduced and New Three per Cents, 921 to
92k. Bank Stock has marked 240 to 242. Exchequer Bills,
2s. dis. to 3s. prem. Metropolitan Board of Works, 93t.
India Five per Cents have been done at 1111 to 112 ; and
India Bonds, 20s. to 255. prem.
In the market for English Railway Stocks the prtncipal
transactions have been in Metropolitan. During the oilier
hours of business largo purchases were made on the and
nouncement that Mr. Salisbury's application for an injunc-
tion Lad been refused, and the quotations advanced to 801.
A reaction, however, was caused by realisations of profits,
and the quotation relapsed to 781 to 791, showing an im-
provement of per cent. on the day. Caledonian has risen
1, but Midland has fallen 1, while Great Eastern and Great
Western are lower.
Indian railway stocks have been quiet, and without nlove-
ment of importance. For Canadian shares the demand has
been inactive. Foreign shares have been dealt in cautiousiy.
Austrian and Lombardo-Venetian have been dealt in at 191.

Tho market for Foreign Bonds has been steady. Peruvian
have boen in request, and have risen 1/. Russian Nicolas
R tilway Bonds have improved f , and Sardinian. 1. On the
other band Spanish have been flat and lower, and New
Grenada have receded to a similar extent.

Thursday, the 3rd of March, has been appointed special
settling day in Russian Scrip, the quotation of which is
Ef to 31 prem.

Amarican Securities have been steady. The 5-20 and
10-40 Bonds havo risen f, and Atlantic Bonds, Erie MAW,
and Illinois Central Shares, 1.

Bank Shares have bean in moderate request, at steady
prices.

For Mining Shares there has be= very little inquiry, and
Assheton have been I lower.

Telegraph Shares have been in improved request. Anglo-
noditerranean have advanced 1; British Indian Extension,
; British Indian Submarine, ; Falmouth, Gibraltar, and
Malta, j-; but French Cable'Shares have been it lower.
Indian Rubber Shares have been flat, and lower; Tele-
graph Constructions also have fallen ; Hooper's Telegraph
Works opened firmly at to 1 prom., and after being buyero
at 1, closed at to j prem.

Miacellaneous Securities have been quiet, at about yester-
day's closing quotations.

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

There has been a strong demand for monlly to-day both
at the Bank of England and in other quarters, and three
months paper has been charged 3 per cent.
The Bank directors have failed to make any alteration
in the official rate to-day, which still remains at 3 Per
cent. The present tightness in the market is caused 1/
the revenue payments to the Bank, and a return of ease
mly be looked for so soon as these matters have been
arranged.

The Clearing House return for the week ended Feb. 23
shews a total of £60,718,000, against £58,230,000 for the
corresponding week last year.
A meating has been held of the South-Eastern Railwei
Company, and the directors' report has been adopted.
Tile directors of the Agricultural Hall Company announce
a dividend of 8 per cent. fre e of income tax.

A meeting has been held of the Indo-European TelegrePh
Company, and the directors' report has been adopted.
Monday, the 28th inst., has been appointed special settling'
day in the Great Northern Extension Telegraph Company*
The directors of the Falmouth Dock Company state that
the profit for the past year was £4,685, against £3,103 in
18G8, and £3,317 in 18G7. £1,500 bad been repaid to the
Public Works Loan Commissioners, and a further sum of
1, 000 was now at their disposal.

The Lagos, from the West Coast of Africa, has brought
about £3,000.

The report of the Patent Nut and Bolt CompanY
(Limited), to be presented at Birmingham on the 26th
inst., shows an available total of £21,348. A dividend at
the rate of 10 per cent. per annum is recommended, the
payment of which will absorb £12,000. The reserve fund
will be increased to £25,115 by the addition of £5,000:
leaving a balance of £4,348 to be carried forward.

In reference to the colonial wool sales now in progress,
Messrs. Southey, Balme, and Co. remark :—The
in quantities have passed the hammer to this date inclu-
sive :-10,941 bales Cape, 5,416 Sydney, 11,430 Port
Phillip, 2,764 Adelaide, 1,510 New Zealand, 219
:Van Diemen's Land—Total, 32,340 bales. Notwith-
standing a crowded attendance in the sale-roomy
and the exhibition of considerable spirit and animation
on the part of buyers, the course of the market has not
shown the improvement which had been generally expected
prior to the commencement of the series. As far as the
selection of wool offers an opportunity of comparison,
we consider the current quotations about id'
per lb. higher than the closing rates, or about
on a par with the highest prices, of the November sales.
Port Phillip parcels of the new clip command brisk
competition at full rates, greasy parcels ruling especially
firm. The bulk of the Sydney wool forward consists of
scoured wool, and the marked improvement in
inferior and motey descriptions of this class which was es-
tablished during the close of last year is fully maintained-
As regards Capes, all descriptions rule firm, with the ex-
ception of scoured and inferior snow white sorts, which
shew no improvement at the lowest November quotations.
As at present arranged the second series stands fixed for
the 7th April.

The railway traffic returns for the weak endingFebruarY
20 are as follows :—Great Western £68,340, being a de'
crease of £624 when compared with the corresponding
week of 1869. Great Eastern, £32,577 ; decrease of £994.
Great Northern, £37,784 ; decrease of £642. North
Eastern, £74,869; increase of £3,950. Caledonian, £35,934;
increase of £33. Manchester, Sheffield, and Lincolnshire,
£20,435; decrease of £1,516. Bristol and Exeter, £6,421;
increase of £6l. Lancashire and Yorkshire, £46,053 ;
decrease, £B6l.

The return of the Bank of England shews the folio)/
ins results when compared with the previous week
decrease of circulation of £264,239; a decrease of public
deposits of £117,037 ; an increase of other deposits of
£752,700 ; a decrease of Government securities of
£500,000; an increase of other securities of £720,024; on
increase of bullion of £124,663 ; a decrease of rest of
£26,746 ; an increase of reserve of £381,943. The circu-
lation (including Bank post bills) is now £22,733,774;
public deposits amount to £9,274,118 ; and private de•
posits to £17,295,689. The securities held represent'
£32,781,581; and the stock of bullion is £19,889,996. The
rest stands at £3,367.776.