The Sun.
London, England, 1870-03-18 00:00:00

THE

MONEY

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocir.

There is rather an ac'iyedemind for money to-
day both at the Bank and the Stock Exchangt, but
at present no increas) on the official price has to be
.noted. - Consols are steady at their qu tations and
in the foreign market business seems inclined to
improve.

Consols are now at 92f to 93 for money ; ditto,
account, 93} 3 ; Three per Cent. Reduced, 911 I ;
_ New Three per Cents., 911 a; Bank of England
Stock, 41 per cent., shut.
Exchequer Bills £l,OOO, 2/ per cent., March, 4
prem. ; ditto 1100; £3OO, and £5OO, par.
India Stock, 18} per cent., April, 1874, '2o7k ;
ditto 5 per cent., July, 1880, 1121 13k 13 ; ditto 4
per cent., Oct., 1888, 99f ; ditto Enlaced Paper,
4 per cent., ; ditto Bonds under £l,OOO, 25 prem.
In the oreign Market Spanish is in demand, at
281 to 28k ; A}:gentine, 891 to 891 ; Egyptian (1868),
802 to 811; rurkish Five per Cents., 451 to 451;
the Six per Cents., 69 to 691; Argentine Bonds, 891
to 892 ; Italian, 55k to 554 ; Peruvian, 821 to 82/ ;
and Mexican, 14 to 14f.
In the Railway Market the quotations are as
follows :—Caledonian, 78k to 78 ; Great Eastern, 371
to 38 ; _Great Northern, 115 to 116 ; ditto (A)
Stock, .118 to 1181 ; Great Western, 65k to 651 ;
Lancashire and Yorkshire, 1251 to 1252 ;
.London
and Brighton 44k to 441 ; London, Chatham, and
Dover, 14k to 151 ; Loudon and North Western,
1231 to 123} ; London and South Western, 88 to 89 ;
Metropolitan, 80} to 802 ; Midland, 1241 to 1241 ;
North Eastern (Berwick), 1281 to 129 ; and South
tastern,'74l to 75.
American Five-Twenty Bonds are 901 to 90f ;
and Ten-Forty, 86k to 87. lllinois, 115 to 116 ;
and Erie, 212 to 221.
Anglo-American Telegraph Shares are 171 to 17f ;
French Cable, 151 to 15k ; Falmouth, 9 to 9f ;
Construction and Maintenance, 37i to 381; and
India Rubber, 372 to 381.
Change.
The steamship Union, from New York, has
brought £lB,OOO (including £7,000 of bar silver
tr°lll the Eberhardt and Aurora mines), and the
liohnsdale, from Melbourne, £lO,OOO.
The report of the Rio. de Janeiro City Improve-
-Inents Company (Limited), to be presented on
30th
inst. recommends a dividend for the half-y
atthe rate of 5 per cent. per tannom, which will ab-
Sorh £21,250, and leave £7,377 to be carried for-
'ward. The war with Paraguay having been prac-
tically, terminated, the directors trust that the ex-
Changes will gradually advance, and ultimately
jeaoa their normal rates. " Every marked change
I,4„,t,his direction will be manifested to the share-
rem by a corresponding improvement in their
dividends."
v dvices from Alexandria state that great stagna-
ip continues in every branch of business. There
m,„ 'lO employment for money, except in Govern-
rent securities, and the Minister of Finance has
4costly executed an operation, which, although a very
'tl7 one to the Treasury, has had the effect of
bitriu:ii ng the rate of discount on Treasury bonds due
r
el ore one year to fall considerably. The ope-
is represented to have been as follows :—The
f;olcister negotiated a considerabb amount of bonds,
d is •
lu 18 months and upwards, at about 13 per cent.
count which was deducted beforehand, with a
Pay Of local bankers, giving them the right to
tjalY the amount in 7'easury Bonds shorter than one
under deduction of discount at a much lower
c"Zte —according to some statements 8 or 9 per
innit: These bankers consequently bad an interest
vhu,oYing up bonds at under one year's maturity,
,lelat stood at 12 to 14 discount. The Govern-
-o"grept thus convert short bonds into long ones in
year
to lessen their engagements for the present
ill but the conversion entails a sacrifice of more
So 5 per cent.
ha,he report of the National Bank of India for the
tolYear ended 31st December showed an available
total Year
£20,511., and recommended a dividend at
bjrate of 6 er cent. per annum, leaving £6,591 to
carried for per cent. per annum, leaving £6,591 to
C ca; forward.

BRITISH FUNDS—CLOSING PRICES.
, GJV.EII./IMENT nisi 5.
8' 11/ittenefnott A
: Consols
st
92i 3
~Per pent Re mend
3
911 1 1
'''' 'w d -
isi
,or Cent
7 4 per Cent. Jan. 1894
5

.. _
DO. per Oea Jxn. 1873
D°. fort() yrs:expire sth April 1885 —
t o (Ited San. Telebraph), Aug., IYOB --
telloquzr Bille,.£looo, 2/ p. Ct. March 4
,
II D. 24 do. June —
° £lOO, .£2uo & .£5OO par
841/k of England Stock, 41 per Cent
(:1
*Il be. opening. —
kcia 4 per Cent. Bonds —
Inter-Colonial Cranium
1, 1-NotAN
„6-bVERNMENT ISEUURITIED.
g.,.sgia stock, 104 per Cent., April 1874 2071
1.7.„0. Opening, for Account —
-i-"°. 0 per Cent. July, 1880
.`".„0. 4 pot- Cent. Oct. 1888
.„11'. Enfaced Pape. 4 per Cant.. ..-.... • P
D'• 5 por Cent. Jan. 1872 -.... ...........•
•,-,1. 54 per Cent. May 1879 ••• .
•Uo. 5 per Cent., Rup. Dal, 1879 —
Do do
T, 1' o. ' do. 1882..
'",. D3b.5 per Cent., Aug. 1873
Ve. Beads, 4 per Cent., £l.OOO .....
be. under £l.OOO — 111
FOREIGN FUNDS—CLOSING PRICES.
4''plitine Republic, 6 per Cent
, D 0 Account
d' than Bonda 5 per cent
1),„ , Do. 1859—.7 —
_ -flitilia,n 5 per Cent
1-10. 4} per Cent. 1852
Do. '
-0. do ' 1858....
j.° 1860 —
(1,,
do
-°-per 'Cent., 18651863 ,„ „ 874
.4 bo 5 , Account .. b
ueo os Ayres 6 per Cent.
nub 2 per Cent. (Deferred 3 per Uent.' —
oVpiin, 6
I li Per Cent
° a
to' - Per Cent.,
1) • 7 per Cent., 1866
98
0 I°' 6 Per cent. 1867
I)..o..aibia, 6 per Cent.
jfa'4,.,18!1. 3 per Cent. 1825.......- —
D"Dian Principalities, 7 par Cent —
o 0
sAccount
ellil, per Cent., 1867 .. 951-
2atlar New Consolidated, 1 per Cent ...
rPtien, 7 per Cent —
„,0 Secoud Issue —
4'0..£50(, Boiri.J3 • —
1)°• ' , 1864
1Do•
10. 4500 liondsAccount —
•
Da 4100 Bonds —
-r,O. °. 7 per Cent., 1868 ..
-' per
"0' £lOO Bonds—
• ••••
(11(67er/it/tent Railway Debentures 984
etfit b per Cent., 1824 5, ex Coups —
G
1)0. Coupons
gnlieinala 5 per Cent .. — 440tiduras Gov Rail. Loan 10 la Ct all pd., B4 4
~
.r • .6 ..• Acceant —
.68,1
A au 5 pe: Cent., 1865 —
Do-'-'0. Account -
it Mare.mrnana Railway —
"feat 3 per Cent —
Ditto for Account
0 Do'
1864
..., 6
lc . per Cont. Anglo-French
ii ''attiVidvaunap 6 rnt.
Otrish lerialpe 5 per Cent
Granada 2ll 64
•••• 00000
~,1•1 3 per Con 971
Do. Deferred ......... 121 4
.... ....
..
p 1)0 Land Warrants (Hectares) ....- —
erurian 5 per Cent. 1865
I-
Do Aooollll+ B2
Do 44 per Cent. (Ut:barren) • •... ..... —••••
ror
Dteguo 44
es pere
3 per Ct., 1 Cent.. 1862853, '6, 7, • .......9,'60,'2.T..„—........ .......
Do. do: 1867.. ......................
~ 'Do. do. Scrip, £2O paid .........
4,/asian 5 ~..r Cent., 1822, £ St
Do 44 per Cont 1850
bo 44 per Cent:, 1860
Do 3 per. Cent., 1859
~,0 5 per Cent 1862
"e•An l Dutch 1864, £lOO Bond: 934
„ g o
'rte. do. .684 15s. do. ....._
D-'O., 1866 £lOO Bonds —
e. '
do £B4 15s. do
tio Nicolas Railway 694 4
tie.sr.li.nian b per Cent ea ..".
',4llB}a 3 per Con ...
Do.-'-' Accf,uut - •
Ti 1867
"1)0: Account - • _
b 9 IN ew Deferrea
000. pas,
___
. , ..ve
b "tn. Cert. of Coup. not funded
Bvt 0. Account
/Vital Provincial Mortgage Loan 0° Ciovernraent, 1864 —
do, 1868

281 I

MARKET I T.uorV
Ashcc6oipmert Cent —
Do 6 per Cent. 1858 —
D , Account -
Oa £lOO rondo —
Po 6 por Cent., 1862
Do. Account —
Do .ElOO Bonds
Do. 5 per Alt. 1863 4si I
D.,. Account
Do 6 per Cent., 1860 69 81
Do Account ..
D ) 1 per Cont., Guarant06,...,........
Do do, Scrip —
Vinezuela 3 per Cent. —
Do 6 per Cont. 18114 22 I
Do 6 ~,,r (lArit Pili2 —
Dividends on the above payable in London.
Austrian o par Cent Ex 10 _Florins '....
Belgian, 4i per cent., Ex. 25f.
Dutch 2,3 per Cent. Ex. 12 Guil —
Do. 4 per Cent. Certificates ....
French Rentes, 3 per Cent., Ex. 25f.......
Italian 5 per (led. IE3I, E. zsi .. .....
Do Account —

tiovrt itni IT
4

DER MA JEST Y.

WINDSOR CASTLE, March 17.

(REGTEn's TELEGRAMS.)
FRANCE.

PARIS, March 17.

4} per Cont.
3 per Cents 73 GO
End of month— 74 42k
Credit 275
Transatlantic 196 25
Credit Foncier 1297 50
Paris Gas 1775
Sues Canal 335
RALLWA'

Bank Shares 2835
Italian Fives 55 60
Austrian Fives
Ottoman Loan 329 50
Do. Debt 45 50
Spanish Threes
Home Debt
Deferred - -
Cash
Orleans
Western 645
Northern
Strasburg
Lyons and Mediterranean
Southern..... 626i
Sardinian
Austrian 7B it
Lombard 5OO
North of Spahi 7O"
Saragossa
Roman s3'

SPAIN.

MADRID, March 17.

In to-day's sitting of the Cortes a motion was
brought for ward for placing all provinces on exactly
the same footing as regards the payment of wages to
the poorer classes and rent coupons. The motion
was rejected by 74 against 38 votes.
It is asserted that the Government have resolved
to abstain from sending a special envoy to the Ecu-
menical Counc:l, in consequence of 'the spirit which
prevails at Rome.

The general belief is that the promulgation of the
Infallibility dogma would be detrimental to the
prestige and the in! crest of the Catholic Church in
Spain, as tolerance now prevails, both in religious
and political questions, and complete liberty has been
granted to ministers of all creeds.

AMERICA.

(Per French Atlantic Cable.)
NEW YORK, March 17.
COMMERCIAL INTELLIGENCE.
CLOSING PRICES.

Gold closed at 112+ ; the highest quotation during the day
was 1121-; the lowest, 112.
Sterling Exchange on London
b-20 U. S. Bonds, 1882
~
1885
II
1867
10-40 „
Illinois
Erie
Cotton—Mid. upland
Petroleum—Standard White
Flour—Extra State, $4 70c. to $5 30c. Corn—Old
mixed, $l. 20,

PLYMOUTH, March 18.
The Hamburg and American Company's steamer
Holsatia, from New York, arrived this morning with
124 passengers, 80 sacks of mails, and $90,703 in
specie. Eighteen passengers and 48 sacks of mails
were landed here. The specie is all for France. The
mails landed were forwarded by the 8 a.m. train, and
the Holsatia proceeded for Cherbourg.
She has had fine light variable winds on her pas-
sage.

BaiNpisr, March 18.

The Adriatic and Oriental Company's steamer
11 Principe Tomaso, 86 hours from Alexandria, with
135 passengers, arrived here to-day. She experi-
enced bad head winds. Letters can be delivered on
Monday morning.

LAW INTELLIGENCE.-(THIS DAY)

VICE-CHANCERY.

Vice-Chancellor Stuart heard to-day the case of the Anglo-
Peruvian Railway Company. It was an application for an
order of the Court for the winding up of the company under
the following circumstances : T ho company was established
for the purpose of constructing a railway, the capital
being £500,000 in 20,000 shares of $25 each. The
company had issued debentures to a considerable amount to

their bankers at Brussels, of some of which the petitioner
became possessed. The interest was paid on the debentures
until 1866, when it was discontinued. The petitioner set
forth that the company was insolvent, and the Vice-Chan-
cellor made an order in the terms prayed for.

POLICE INTELLIGENCE—Mns DAY).

MARLBOROUGH-STREET.

-Mr. John Bushby, gentleman, of 20, Malvern-road,
Dalston, was charged, before Mr. Knox, with being drunk
and disorderly at the Alhambra, and also with damaging
the uniform coat of Carter, ono of the attendants.
The prisoner was at the Alhambra last night drunk,
and made use of disgusting language ; and as be refused
to desist after being cautioned, he was ejected. While Carter,
one of the attendants, was ejecting him the prisoner tore his
coat, and when outside was very disorderly. Mr. Knox
ordered the prisoner to pay 7s. 6d. damage, and a fine of
2s 6d., and 20s. fine for disorderly conduct.

CLOSING PRICES.
0 msols, Money An 3
Do:Amount, April 7 93

The Queen, accompanied by her Royal High-
ness Princess Louise, drove out yesterday afternoon.
Her Majesty walked in the grounds this morning,
accompanied by Princess Louise.

Prince Leopold and Princess Beatrice also went
out.

LATEST INTELLIGENCE.

Yesterday evening a grand funeral service was
held in the American Chapel in honour of Mr.
Burlingame. Orations were delivered by Mr.
Washburne and Mr. Alex. Bullock, the Governor
of Massachusetts, and resolutions were passed ex-
pressing the sympathy of the American residents in
Paris with the family of the deceased.
BoURSE, March 17.—Three o'clock—The market
closed as follows :