The Sun.
London, England, 1870-09-12 00:00:00

MONETARY Pt E POP TR -

Notwithstanding that business in the Stock Exchange
has been limited to-day, a healthy feeling has been every-
where apparent The belief that decisive news cannot '
fail to be shortly received from the seat of war imparted a
firm tone, which the abundance and cheapness of money,
and the probability of a reduction in the rate next week
assisted in strengthening. The steadiness has been prin-
cipally apparent in foreign bonds. Railways shew scarcely
any movement. Consols, however, arc unsettled, owing to
realisations, and at the time receded 1 per cent., being
quoted at 912 to 92 for delivery, and 91.1 to 921 for the
October account, but subsequently recovered to their
former prices, viz., 92 to 92* for in( ney, and 92 to 921 for
October. Reduced and New Three per Cents, poi to 904
xd. Bank Stock 234 to 236. Exchequer Bills, is. to 6s.
prem. India Five per Cents, 109& to 110 e, and India
Bonds, 1554 to 20s. prem. Colonial Government Secu-
rities have been dealt in to a fair extent, and the
quotations have ruled firm.
The Es lish railway stock market has been characterised
by a fair amount of steadiness. The movements have
been altogether unimportant, being confined to an ad-
vance of in south Eastern Deferred, and a fall of 1 in
Metropolitan. Aftnt official hours Metropolitan was
quoted et 631 to 64 I Caledonian, 74i to 742 ; Brighton,
39 to 39-1 ; South Eastern, 712 to 72i ; Great Northern,
1201 to 1211; ditto A, 1311 to 1321; Great Eastern, 352
to 36-i ; Midland, 115 to 1251; North Western, 1261 to
127 ; Great Western, 69 to 691; and North Eastern, 1381
to 139.

Indian Railway Stocks have been quiet. Canadian
shares have been fiat. Grand Trunk Ist Pref. Bonds
have fallen 1. As regards Foreign Shares, Lombards
have been firm, and better, at 15i to 151.
Business in foreign bonds has not been extensive, never-
theless the quotations have improved in some instances.
Chilian 1866 and 1867, have risen 1, Italian Maremmana
railway 1, Spanish Deferred Turkish (1869) i 4, and Italian
1861, per cent., American Government securities have been
steady, and the Five-Twenty bonds have risen per cent.
After official hours Brazilian (1865) were quoted at 89, 90 ;
Peruvian (1865), 86, 87 ; Egyptian (1868), 74k, 75 ; ditto 9
per Cents., 95k, 96i ; Italian (1861), 49k, 491 ; Spanish
(1867), 262, 27 ; ditto (1869), 25g, 261; Turkish (1865)
63, 64 ; ditto Five per Cents., 43a, 431, ditto (1869), 54i,
55 ; Mexican 141, 14/,

Bank shares have been quiet. The Bank of Roumania
have fallen but the Union of London have risen
Telegraph shares have been steady on the whole.
Anglo-Mediterranean have fallen but British, Indian,
Submarine, and Falmouths have risen it. Hooper's Tele-
graph Works are better. Miscellaneous securities have
been quiet, and prices have been without change.
The money market has been very quiet. The demand
for accommodation has ruled inactive, and the rate for
negotiating three months' paper has fallen to 24 per
cent.

The Tanjore bas brought £1,250,000, of which £400,000
is in silver, from Bombay.
There have been no bullion operations at the Bank to-
day.

The annul report of the Monarch. Building Society
states that after payment of the usual interest on shares,
the balance in favour of the society from the year's work-
ing is £7,563, which, with the amount brought from last
year, £10,227, makes a total of £17,790. The directors
recommend that 10 per cant. of this should be written off
as a contingent fund, and that a bonus of 5 per cent. be
paid upon the shares entitled to participate, which will
absorb about £4,350, and leave £11,662 to be carried.
With regard to the Caledonian and North British Rail-
ways, Ilerapatla consolers "it is simply a matter of time
for these companies to come together, shake hands, and
save expenses ; in our opinion the sooner it is done the
better for both parties. We are so sanguine as to think
that in that case the Caledonian may be again at 120
and the North British at 60. It is combination, not
competition, which iaatil raise the value of both under-
takings."

LONDON STOOL( EXOIIANGE.-SATLTBDAY•

LATEST PRICES.—AFTER OFFICIAL HOURS.
The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

Three per Cent Consols 911 92 Viet 5p c Jan & July 1804 10111021
92, 4,1/ 102, 4
Do for Account
921, 2 895 x d 41
Three per Cent Reduced 991 902 Egyptian, 1862. 7 p c..
94 1, i x d 791 x d
New 3 per Cent , 9Ol 901 Do Rail Deben 7 9 • • 97 99
d 902, t, f x ltalian, 1865, 5p c
Exchequer Bills. March 1 6pm Peruvian, 1865. 5p a B5l 865
Pm Portuguese, 1869, 3p c 2B 29
Do, June ~ l6 pm Russian, 18112, 5 p 0.. .. 86 88
PM Do Nicolas 4p o
Bank Stock , .... n . 671. 8
India 5 per Cui—Agi.
Ind a Bonds — -- 265, 5
Pm Do, 1869. 3 p a .
Oan 6pc Jan&iirll,yll77-84 105 roz 26, 55
Do March & Sept. 103 105 Turkish, 1854, 6p c B3 85
Do 5p c Jon & July .. 117 99 845
97f Do, 1865 Spa
Do Inscribed StOcir .. O 6 99 44, i, 1
Domof arn 5p c 1503 07 99 Do, 1860, 6p o
Ceylon 6 p o May and 621
November 1878 lO7 109 U.S. 5-20 Bonds, 6p c 1.:2 891 90
Mauritius 6 p c Jan and 89i• 1, 5
July 1873 lO2 104 Do do 1885 882 891
New S W ales 5 p clB7l-76 100 102 89
New Zealand 6p a 1891 lO6 109 Do 10-40 Bnds, 5p a 1904 835 845
Do 5p c
Do 5p c Consolidated 97 93 Erie Sha,loo dots, all paid
973, I. i• 8 Illinois Central Shares .. 108 109
Do 6p c Mar &Sept 1891 108 110 1081, 8
Do Juue & Dec 1891 107 110 Atlantic and GW R Con
Viet 6p c Jan &July 1891 113 113 Mortgage Bonds 23 24
J)oApril & OctlBB3-85.. 113 114
1131. 1

79 81

I:6S 27

• 25i 20

43 438

RAILWAYS.
Bristol and Prater B3 85 Grand Trunk of Canada
Caledonian ~ , 74 75 2nd Fret Stock
74;`, Do 3rd Pref Stock
Great Eastern
368, 6 4th Prat Stock
Great Northern
1202 x all 1052
Do A 13111328 Great W estern of Canada 142 142
1321 x all Do 6p c Bonds, 1873.. 99 101
Great Western 69 691 Do 58 do, 1877-8 96 98
" 691, f Do 5p c Pref, issued 80 par 2pm
Lancashire & Yorkshire 129 130 Madras guar 5 p.c
Lon, Brigh, and S Coast 39 40 N. Railway of Canada,
Lou; Chat, and Dover .. 128 138 6p a Ist Pref Bonds
Lon and North-Western 12611262 Code and Rohilkund g
1261, / k d 5 p o
Lon and South-Weste 85 86 103, 2
Man, She!, and Lincoln 43 44 Scinde, Puijaub, and
Metropolitan ..... .... 63 64 Delhi guar Dp c
Midland- .... 125 1254 Bahia and San Francisco
1251,5 x d g 7 Pc
North British
North-Eastern Consols l3B 139 Buenos Ayres Gt Sthrn.. 23 24
1331 2, 8 x d 23
Sonth-Eastern
721 x d Dutch-Rhenish 22 24
Attar:tic and St T,aivrnce 78 82 Eastern of France —
Bombay, Baroda, and Great Luxembourg
Central India, g D p c.. 104 106 121 12
105, 4 Lemberg Czernowitz gua
Buff & Lake Huron Pref 38 44 7p c
Do 58 p c Bonds, 1872-3-4 77 80 Northern of France
Cape guar 6p c
East Bengal guar 5p C lO4 116 Recife and San Francisco
East Indian, g 5 p c
Grand Trunk Canada
.100 Equip Mort Bud 1 South Austn &Lom-Ven 151 152
charge 6P c
Do 2nd do Scrip .... 1 dis, fpm Southern of France .. .
Po Ist Prof Bonds
62, 18

.... 15i 16i

. _
BANKING COMPANIES.
Pd Pd
1 Agra Bank (L) A .., Allol 20 Lon Char of Austrlia 23 24
25 Alliance (L)
10 Anglo-Austrian
20 Anglo-Egyptian (L) 211 221 15 London Joint-Stock 33 34
50 British N American 50 52 33
20 Ch of India, Austrlia 151 161 20 Lon and Westnmster 59 60
25 Char Mere of India 25 27 60, 591
261, 6 10 Metropolitan 7l 81
10 City
25 Colonial
4 Consolidated (L) ...
20 Eng, Scot. an.l.AusC 161 171 25 Union of Australia.. 39 40
20 Imperial 4L)
10 Imperial Ottoman
Ilf, 1 37
TELEGRAPH COIIP4NIES.

Pd Pd
100 Anglo-American L) 817 90 10 Great Northern .... 11 111
90 6 Great N. China, and
10 Anglo-Meditrn (L) l3 131 Japan Extension.. 4 3 dis
134 5 Indo-European (L).. 12 14
100 Atlantic — 10 Marseilles, Algiers,
100 Do 8p c — and Malta (L) .... 51 5,2
10 British A.ustraln (L).. 41 32dis 10 Mediterrn Ex (L) .. 5 51
10 British Ind Exten (L). 5 64 25 Puma and S. Pcfc(L) 4 3 dis
6/ 8 Reuter's
.10 British Indian gub. 8, 4
marine, (L)
7, 5-16 100 Submarine 225 235
2 cuhis,„submarine (L) 5 41d1s ). D. scrip 221
dis 10 W Inflia & Fan ama(L) 51 6
10 Falmouth, Gibraltar,
and Malta (Li., •• • • 94 10
gi