The Sun.
London, England, 1870-01-10 00:00:00

ONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The business on the Stock Exchange opened to-
day cheerily. Prices from the Continent come
better than last week, and this favourable circum-
stance caused the quotations on 'Change to improve.
The Government securities impraved on the closing
of Saturday, snd in continental the improvement is
as much as 1 per cent. For banking and miscella-
neous shares there was rather a good demand, at
prices iu favour of the seller, but for telegraph
shares the inquiry was not so good as on Saturday.

Consols are now at 921 to 92.1 for money ;
ditto, for Account, 92'1 e ; Three per Cent. Re-
duced, 921 14 ; New Three per Cents, 921f1i ;
Exchequer Bills £l,OOO, March, prem ; June,
prem. ; ditto £lOO, £2OO, and £5OO, March,
par ; June, prem ; Bank of England Stock,
41 per Cent., 238.
India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1114 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Enfaced Paper,
per Cent., 111.
In the Foreign Market Spanish have improved
are now quoted 27 ex div. ; Italian are 561; Tur-
kish Six per Cents. 671, and the New Loan 1 prem.;
Egyptian (1868) Bonds, 811 ; Loan (1864), 911 ;
Viceroy's, 804 to 814 ; Mexican, 14 to 141 ; Peru-
vian, 82 to 821- • Brazilian, 891 to 90 ; Portuguese,
331 to 334 ; Ore), 831 ; Nicolas, 651 to 56 ; Mos-
cow, 81.1. _ _ .

American Bonds of 1862 are better, at 87, the
1865 861, the 1867 851 to 854, and the Ten-Forties
844 to 844. Erie Shares are 171, and Illinois 103.
In the Railways Market, Metropolitan and,Great
Western have improved t, but Great Northern
fallen 4, London and South Western, ; Cale-
donian, Great Eastern, and Lancashire and York-
shire, ; Caledonian are quoted 751 to 76 ; Great
Eastern, 38 to 384 ; Great Northern, 100 to 111 ;
ditto (A), 1101 to 1111 ; Great Western, 59 to
591 ; London and Brighton, 451 to 46 ; London,
Chatham, and Dover, 144 to 151 ; Loudon and
North Western, 1234 to 1211 ; London and South
Western, 92 to 91 ; Metropolitan, 81 to 811 ;
Midland, 1231 to 124 ; and South Eastern, 78 to
781.

Lombardo-Venetians Railway is 21 to 211 ;
Great Luxemburg at 131 to 133.
In Bank Shares London and Westminster have
declined, and are now 581 to 591 ; Chartered Mer-
cantile, 314 to 32f ex div. ; London and County
491 to 501 ; London Joint Stock, 321 ; and Union
of Loudon, 38 to 39 ; Alliance, 131 to 141 ; Anglo-
Austrian, 14 to 16 prem. ; and Imperial Ottoman,
21 to 24 prem.

York,
3 pas-

Liver-

i, from

y with

Itches,

Telegraph Construction and Maintenance are
higher, viz., 34 to 34k. Anglo-American 199 to
19i; British India, 14 to 141 ; and French Cable,
17,1 to 17i.

orders

At the Bank bullion office no transactions were
reported ou Saturday.
An extraordinary meeting of the city Terminus
Hotel Company (Limited) is called for the 17th
inst. to authorise certain alterations in the articles
ticles. of association.

d into

porary
shall

if in-

s only

The Land and Sea Telegraph Construction Com-
pany have signed a contract to construct a cable of
upwards of 3,000 miles in length, for which a con-
cession has already been obtained.
An extraordinary meeting of the York-streei
Flax-spinning Company (Limited) is called for the
24th inst., at Belfast, to declare a dividend.
The shares of the Chontales Mining Company
advanced in the early hours to 3 to 3f per share on
the supposed confirmation of the news of the rich
discoveries. When it was ascertained that the ad-
vices from the manager at the mine did not allude
to the circumstance there was a speedy reaction to
to 4 to 4 per share.
The directors of the London and Brazilian Bank
(Litnited) have issued their report. They state
that, notwithstanding the small return on the
twelvemonth's operations, the working of the last
six months shows a recovery in business. The net
profit for the half-year ending 30th September
amounted to £9,937 Bs. Bd., after providing for the
bad and doubtful debts incurred during that
period, with the exception of the claim on the
estate of Franghiadi and Radocanachi, which it is
estimated will involve a loss of about £3,000.
The deficit is now reduced to £14,062 ls. Bd.
The report of the English and Foreign Credit
Company, which has been issued, states that there
has been a gross profit for the half-year ending
31st December last of £8,251 19s. 11d., including
£Bl5 Bs. 3d., brought forward from the preceding
account. A dividend of ss. per share is recom-
mended.

or this

f iron
coke-

vill be

)f the

;tures.

s that
whd-

into

3mpo-

iarktt

0 -
,6 60

We are informed that the directors of the Chon-
tales Gold and Silver Mining Company have re-
ceived a letter from Mr. Belt, dated 7th Decem-
ber, in which he expresses great satisfaction at the
improved prospects of the company. Having ob-
tained money from Messrs. Lacavo, in addition to
that sent out by the directors, he is now able to
resume the working of the mines on a more ex-
tended scale, and he also states that he will send a
remittance of gold by the next mail. Mr. Belt
makes no mention of a telegram, nor of any great
discovery. The health of the establishment is good.
The Brazilian Street Railway Company notify
that, in consequence of the French steamer Gi-
ronde not having called at Pernambuco, no advices
nave been received by this mail.

BRITISH FUNDS—CLOSING PRICES
(.4 OVERNMENT III:M5.-
3 per Cent. Consols
t -k
Ditto for Account 9l
3 per Ceut. Reduced 924 / 4
New 3 per Cent
New 21 per Cent. Jan. 1894
I)Q° 5 Per Can )9.n.1873
Annuities, 80 yrs, expire sth Jan, 1880.
DDo. for 30 yr s expire sth April 1885 —
o (Red Sea Telegraph), Aug., 1908 —
v
Rab:.l7:r
ittlls, £l,OllO 24 p. Ct. March
,
De Do. a do. June Pm
£lOO, .£5OO
Bank of England Stock,£2ool& 41 per Cent
De. opening —
Canada 4 per Cent. Bonds —
Ater-Col trial Cranium
SECURITIES
GOVERNMENT SECRITIES ladi 1, V Lock, 101 per Cent., April 1874 —
Do. Opening, for Account
Po. 0 per Cent. Jul, 1880
I
-lie 4 per Cent. Oct 1888
00., Enfaced Pape. 4 per Cent.._...
DO. 5 per Cent., Jan. 1872 ....,.,.~
r,
,"°. 51 per Crat. May 1879 lll
'''.3 5 per Celt., Rup. Deis, 1872..
T)0 do 18" -4 • . —
li C,,. D
o.
do. 1882 —
no _
deb
per Cent., Aug. 1873 —
r_o . Ho 4 per under 41,000 Cent., £l,000
-
Do. Accoun
Irg •
RePllbli
eutrittlllClll. FUNDS—CLOSING PRICES.
c, 6 per Cent ......
881 i 74 84
Aultrin_ 80nd5'............................... ••••. sper
BrazilianDS°Per CentlBs cent
9 _
_
Cl/4)• 41' Per Cent. 1852 —
Do, do 1858.... . —
Doo. u u 1860 .......... .
e „ 1863
De. Account
Cent...........'."........... 90 894
iluenos Ayres 6 per ............. 96
Do 2 per Cent. (Deferred 3 per 04. vat.) Cuba, 6 par Cent.
(Lilian 6 per Cent —
O. 4i per Cent
Da. 3 per Cent., —
Do. 7 per Cent., 1866
Do. 6 per cent. 1867
0 lombian, 6 per Cent.
Danish, 3 per Cent., 1825 —
............
Danubian Principalities, 7 per Cent...... 90 89
Do. Account
•
Da 8
per Cent., 1867 —
Ecuador New Consolidated, 1 per Cent 84
Egyptian, 7 per Cent _
1)0 Second Issue —
Do. .£sot, Bonds
Do. 1864 —
Do. Account 92
Do. £5OO Bonds
-.•
De. £lOO Bonds 93
Do. 7 per Cent., 1868
Do. 4100 Bonds
... 811 4
Government Railway Debentures....... 98 74
reek 5 per Cent., 182,1 5, ex Coups lO4
_ Do. Coupons
• .
u•lateinaleo per
Eonduras Cloy Rail. Loan., 10 p.. Ct., all pd
Do. Acc A unt
Italian 5 per Cent., 1865
Do. Account .. .
DMare 3 naper Cent rnana Railway 57
tticak
Dot
ito for Account
De. 1864 —
6 per Cent. Anglo-French
?lonteVideati 6 per Cent
. ••
pariah Imperial 5 per Cent