The Sun.
London, England, 1870-03-21 00:00:00

MONETARY REPORTS.-SATURDAY.

Very little business has been transacted in the Stock
:Exchange to-day, and the movements in prices have been
unimportant. Consols have been firm, but quiet, at 923,
93 for money, and 93, 93 for the April account. Reduced
a•nd New Three per Cents:, on, 911 ex div. Exchequer
Bills, March, par, 55. prem. ; India Five per Cents., 1121,
1131 ; and Indian Bonds, 20s. 255. prem.
There has been only a moderate demand for foreign
bonds, and very few changes have taken place in prices.
Brazilian (1868) have risen 1; Egytian (1864) and Swedish
(186 S) 111; whilst Chili= scrip has been 1 per cent. better.
On the other hand Peruvian (1865) have fallen 1, Spanish
21, and Venezuela 1.
For American securities the market has ruled heal',
and the quotations have given way. The Five-Twenties
(1882) bonds have receded *, Atlantic and Consolidated
Mortgage borids 1, and Erie shares
English Railway Stocks have been very quiet, and Prices
have been without change of. irz,ortance. Most stocks
have maintained previous quotations, but Manchester,
Sheffield, and Lincolnshire have fallen 1, and MetroPoli°
tan,
India Railway Stocks have been quiet, and Great
Indian Peninsular have receded 1. For Canadian shares
the market hai been quiet, and Great Western have risen k•
In foreign shares very few transactions have been recorded;
and Great Luxembourg, and South Austrian, and Lora-
bardo-Venetian, have receded
Mining shares have been quiet, and for bank shares
there has been but little inquiry.
More firmness has been noticed in the market for tele'
graph shares. British-Australian have risen' I, "'a
British-Indian Submarine and French Cables *.
Telegraph Construction shares have been steady, and
better. Silver's Indiarubber, and Hooper's TelegraPh
Works have been unaltered.

The Tavarone Mining Company is quoted at n prem.
There has been a continuance of ease in the money
mar:cet. The supply of capital has been rather large, and
the demand for accommodation has been limited. Three
months' paper has been taken at 24 to 3 per cent.

In addition to the £352,000 in Australian gold due per
the Massitia about the 26th instant, the Cambodia is
bringing £ll,OOO ; Alexander Duthie, £30,500 ; City of
Vienna, £18,500; Essex, £10,000; and the Janet Courts
£B,OOO.
The Delta has taken out £117,505 in specie for the east.
The report of the directors of the Home and Colonial
Marine Insurance Company (limited), to be presented on
the 30th inst., shews that the nett amount of premium
for 1869, after. deducting returns and re-insurances is
£115,756, and the total paid for losses and claims on this
account is £33,880. The amount standing at the credit of
1868 account, after deducting expenses, is £34,683. All
claims on account of the fire and life departments of the
company have been extingui shed. The directors recommend
the declaration of a dividend at the rate of 5 per cent. per
annum for the six months ending December 31st. The
question of remuneration will b..) submitted to the meet"
krig.
A prospectus has appeared of the Colorado Terrible
Lode Mining Company wits a capital of £125,000 in a"
shares to purchase a mining l roperty in Colorado.
The prospectus has appeared of the Montreal Fire
Insurance Corporation Guaranteed, with a capital of
£lOO,OOO. The company's registered office being in'
Manchester.
A prospectus has appeared of the London and Midland
Fire Office, with a capital of £500,000, in £lO shares.

The following is from the Levant Herald of the 9th
instant :

---------- -
The heaviness of last week in general debt has been f°l;
lowed by a strong reaction upwards and after
some inconsiderable fluctuations, this AA
which closed on Tuesday last at 490, closed
this afternoon at , 51-32)40, after having for a while
touched 52. The telegraph reports a corresponding'
improvement in the Western markets.
important rise is however,
iaid to be pined bY
an arrangement which deprives t of all value exasla an inde:c
either of the Government's credit or of the local monetary
situation. The rumour—which we have been able at leas'
to trace to a good source—is, that in view of the forth-
coming issue of the Roumelian railway loan, the Minister
of Finance has arranged with a syndicate of Galata final',"
ciers to locally sustain the Five per Cents, while Mr. Hirsch
and his co-interesses operate with a similar view in London
and Paris, and the sum is even definitely mentioned which
is to be paid to the Treasury for this factitious inflation
of the market. Of course we do not positively endorse
the report, but without risk of contradiction we may. at
least affirm that it offers the only explanation winch
meets the case, since money is neither more abundant,
nor is the credit of Malieh at all better, than it
has been at any time within the past three months,
during which General Debt has more than ones
touched 471. At the same time, it is stated that the
unissued half of the £12,000,000 loan has been
privately sold " firm " to Mr. Pinard, the director of
the Comptoir d'Escompte—not to the Comptoir itself
—and some Galata bankers at 52. Mr. G. Zarifi is
mentioned as having taken one sixth of the remaining
whole thus disposed of. There will be no formal issue
Will
to the public of the amount now taken, but it
gradually leave the portfolios of its buyers as the
market suits. The rise which has taken place in the
bonds already out is, perhaps, thus also explained,
and
heaviness at par last week having now improved t? 2 a
peven m
payment.
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naG6anteriaplerebmei.ng in demand at 3.,f, prem., and Credit