The Sun.
London, England, 1870-02-10 00:00:00

MONEi AAA 1i E T

AND
COMMERCIAL INTELLIGENCE.

ernr, Two o'CLOCK.
The settlement occupies most of the attention to-
day, but notwithstanding the prices of Consols
have been maintained. In the Foreign market
business is not over brisk, but in some of the prin-
cipal Continental securities a rise has taken place.
For Railway shares the demand bas been a trifle
better than yesterday; but for Miscellaneous and
Banking shares there has scarcely been any demand,
and where shares have been taken the price was the
same as that quoted yesterday. There has been
rather more demand for discount, the rate being 3
per cent.

Consols are now at 92} to 92i for money;
ditto, for Account, 921 ; Three per Cent. Re-
duced, 92:3 i; New Tkree per Cents, 92 1 ;
ditto 2f. per Cent., 74 ; ditto Annuities, April,
1885, 11/.

Exchequer Bills £l,OOO, March, par ; June,
prem ; ditto £lOO, £2OO, and £5OO, March,
; June, prem. ; Bank of England Stock,
4f per Cent., 242.

India Stock, 10} per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1118 f ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Enfaced Paper,
5 per Cent., 1872, —.

In the Foreign Market Italian are 54 to 541.
Peruvian, 791 to 790 ; Argentine, 854 to 86 ;
Egyptian, 761 to 77 ; Mexican, 13/ to 14 ; Orel,
85 to 86; Charkof, 841 to 841 ; Spanish, 271 to
274 ; and Turkish, 434 to 434.
In the Railway Market shares show some im-
provement. Metropolitan are 78 to 781 ; and
London and North Western are 124 to 1241.
Caledonian, 774 to 78 ; Great Eastern, 38/ to
39 ; Great Northern, 115 to 116 ; ditto (A),
1174 to 118 ; Great Western, 641 to 641 ; Lanca-
shire and Yorkshire, 1281 to 128/ ; London and
Brighton, 44 to 441 ; London, Chatham, and
Dover, 14/ to 15 ; London and South Western,
93 to 94 ; Midland, 123/ to 124 ; South Eastern,
774 to 78 ; and North Eastern (Berwick), 1274
to 128.
American Five Twenties are 87 to 871, Erie
Shares, 19/ to 201; Illinois are 110 to 111, being 1

higher.
Anglo-American Telegraph is 188 to 188 ; Bri-
tish Indian Submarine, 148 to 151 ; China Subma-
rine, dis. to prem. ; Falmouth, 3to 31 ; French
Cable, 17 to 171 ; Construction and Mainte-
nance, 45 to 458, a rise of ; and India Rubber
is at 701.
Lombardo-Venetian is 201 to 201 ; and Great
Luxemburg is steady at 138 to 13k.
There were no gold operations at the Bank yes-
terday, and no amounts have been either sent
in or withdrawn during the week since the last

return.
The Star of Peace, from Melbourne, has brough
£12,292; and the Weser, from New York,
£18,600.
Nothing seems to be known as to the scope of the
Bills on the Coinage and on the National Debt and
the Savings-banks to be brought in by the Chan-
cellor of the Exchequer, but it is assumed they will
include the provision hinted at last session for
Making the dividends on the public funds payable
quarterly instead of half-yearly.
The traffic of the London and North Western
shows an increase of £7,519. The Midland increase
is £7,407. In the case of the Caledonian the
increase is 1.,002. The Great Eastern presents
an increase of £954. The return of the London,
Chatham, and Dover Railway shows an increase
of £316. The return of the Metropolitan Ex-
tension presents an increase of £93. The London
and South W estern return exhibits an increase of
£l9B. The Great Western shows an increase of
£2,455. The Great Northern presents an increase
of £2,082.
It is stated that the Board of the British Indian
Extension Railway Company have under consi-
deration the question of altering the Indian termi-
nus of their cable to Singapore, and that the line
will probably be laid from Madras to Singapore,
instead of from Ceylon to Singapore, with the ob-
ject of availing themselves of the superior tele-
graphic communication existing between Madras
and the other Presidencies.
The subscriptions for the Marseilles, Algiers, and
Malta Telegraph line are stated to have been large,
and the list closes to-day for London, and to-mor-
row for the country.
It is understood that Mr. James Caird, late
M.P. for Stirling, and Mr. Graham Menzies, of the
firm of Menzies, Drysdale, and Co., of London,
Edinburgh, and Paisley, have been nominated to
fill vacancies in the Board of the Metropolitan
Railway.
A prospectus has been issued of the Colombo
(Ceylon) Gas and Water Company (Limited),
With a capital of £75,000, in shares of £lO, to
supply in the first instance the town of Colombo
with gas and ultimately to undertake water supply
and drainage, and to extend operations to other
towns and places in the island. The population
of Colombo is 55,000, and an exclusive contract
for 21 years has been obtained from the Municipal
Council.
A prospectus has been issued of the Cardigan
Bay Consols Mining Company (Limited), with a
capital of £32,000, in shares of £5, fully paid up.
The consideration for the property is to be £16,000
in shares.
A prospectus has been issued of the Clara Con-
sols Silver Lead Mining Company (Limited), with
a capital of £25,000, in shares of £5, to purchase
and work certain mines in Cardiganshire, for which
the` consideration is to be £7,000.
The report of the Mediterranean Extension
Telegraph Company, to be presented on the 15th
inst., states the receipts for the past year to have
been £10,868, against £8,858 in 1868, and recom-
mends the usual dividend of 8s: per share—equal
to 8 per cent. per annum on the preference capital.
With regard to the original shares it is stated the
directors " have every reason to hope that at the
meeting
in August next they wilt be in a position to
resume the payment of dividends."
The
ordinary general meeting of the Metropo-
litall Railway Company is convened for the 23d
• ' lust.

A special meeting of the Tottenham and Hamp
stead Junction Railway Company is called for the
17th inst.., to consider a bill " for the abandonment
of the railways authorised by The Tottenham and
Hampstead Junction Railway Act, 1865,' and for
other purposes."
The half-yearly meeting of the Kent Coast Rail-
way Company will be held on the 25th inst.
The halt-yearly meeting of the Crystal Palace
and South London Junction Railway Company is
convened for the 25th inst.
A special meeting of the Varna Railway Com-
pany is called for the 11th of March, "for the pur-
pose of receiving the report of the chairman as to
the result of his recent negotiation with the Minis-
ters of his Imperial Majesty the Sultan, at Constan-
tinople."
At the meeting of the Mont Canis Railway
Company (Limited) the directors' report was
agreed to. It mentioned that the traffic, though
steadily improving, has not equalled expectation.
The directors of the Salisbury and Yeovil Rail-
way Company have agreed to recommend a divi-
dend on the ordinary shares at the rate of £7 per
annum for the half-year.
At the meeting of the proprietors of the English,
Scottish, and Australian Chartered Bank a dividend
was declared for the half-year at the rate of 7
cent. per annum.
At the meeting of the Lion Brewery CDtnpany
(Limited) a dividend at the rate of 14 per cent.
per annum on the ordinary shares for the half-
Year, free of income tax, was unanimously adopted.
In the Mincing-lane markets a steady tone has
prevailed. Sugar remains dull ; coffee firm and
brisk .
pepper active, and tending up in prices.
Cotton sold very steadily. The auctions of cochi-
neal fully supported private contract rates, and