The Sun.
London, England, 1870-03-01 00:00:00

IviONEY 11AIt1 T

AND

COMMERCIAL INTELLIGENCE.

OITY, Two o'CLocK.
Business was more active to-day, and a desire to
purchase was evinced, but holders stood out for an
improvement in prices, which in some cases were
given. In the Foreign market Span'sh, Turkish,
and Egyptian advanced. In Railways Midlands
and North-Westerns were better, and for Tele-
graph shares there was also an improved demand.
In Banking and Miscellaneous shares pries were
ahnost unaltered.

Consols are now at 921 to 921 for money;
ditto, for Account, —; Three per Cent. Re-
duced, 92i 3; New Tree per Cents, 92i 3 ;
Exchequer Bills £l,OOO, March, prem. ; June,
2 dis. ; ditto £lOO, £2OO, and £5OO, March, —;
June, —; Bank of England Stock, 41 per
Cent., 212.

India Stock, 101 per Cent., April, 1874, 207 ;
ditto 5 per Cent., July, 1880, 1111 1 ; ditto 4 per
Cent., Oct., 1888, 1011 1 1 ; ditto Enfaced Paper,
Oi per Cent., 1879, 1094. •
In the Foreign Market prices are better to-day.
Argentine Bonds are now 87 to 871 ; Egyptian
(1868), 791 to 79/ ; Italian, 541 to 55 ; Viceroy's
Seven per Cents., 831 to 834 ; ditto Nine per
Cents., 991 to 991 ; Mexican, 14 to 141 ; Peruvian,
831 to 811 ; Spanisb, 261 to 27 i Turkish Five per
Cents., 444 to 45 ; ditto Scrip, 14 to 14 prem.; and
New Russian, 21 to 31 prem.
In the Railway Market Midlands and London
and North Western have improved. Caledonians
are now at 77 to 77i ; Great Eastern,
374 to 38 ex div. ; Great Northern, 1134 to 1141
ex div. ; ditto (A), 1141 to 114+ ex div. ; Great
Western, 62f to 631 ; Lancashire and Yorkshire,
125 to 1251 ex div ; London and Brighton, 421
to 42+ ex div. ; London, Chatham, and Dover, 141
to 15 ; London and North Western, 1211 to 122 ex
dir. ; London and South Western, 90 to 92 ex
div. ; Metropolitan, 79 to 794 ; Midland, 1214 to
122 ex div.; North Eastern (Berwick), 124+ to 1251
ex div. ; and South Eastern, 741 to 744• ex div.

In Bank Shares Alliance are quoted 12} to 13} ;
Anglo-Ausrian, 16 to 18 prem. ; Chartered Mer-
cantile, 32 to 33 ; Consolidated, 4} to 4} ; Imperia
Ottoman, 31 to 3-a prem. ; London and County,
47 to 48; London and Westminster, 60 to 61 ;
London Joint-Steck, 32 to 33 ; and Union of
London, 36} to 371.

American Five-Twenties are 901 to 901; the
Teu Forty Bonds, 86 to 861 ex div. ; Atlantic and
Great• Western, 294 to 30 ; Illinois Railroad, 1101
to 1111; and Erie, 211 to 22.
Lombardo-Venetian is 194 to 191, and Great
Luxembourg is 151 to 14.
Anglo-American Telegraph Shares are 161 to 17 ;
French Cable, 151 to 151 ex div. ; British Indian
Submarine, 130 to 13 ; China Submarine, 1 to 4
dis• ; Falmouth, -1- to 11 pretn. ; Construction and
Maintenance, 421 to 43 ; India Ruhber, 60 to 61;
and Ilooper's, par to 1 prem.
No transactions in gold took place at the Bank
Yesterday, but a portion of the £346,000 Australian
by the Delhi is expected to be taken to that esta-
blishment during the next few days, there being
little or no demand for exportation, in consequence
of the firmness of the Paris exchange.
Of the £191,500 by the Neva, from the West
Indies, £143,500 is silver and £48,000 is gold.

The following relates to the New Granada debt :
Messrs. Baring Brothers and Co. have re-
ceived on account of New Granada dividends re-
mittances as follows :—From Bogota, £13,619
148. 3d. ; from Cartagena, £4OO ; total, £14,019
14s. 3d.,,
The dividend declared at the meeting of the pro-
prietors of the Anglo-Italian Bank (Limited)
Lwas at the rate of 4 per cent. per annum for the
441 f-year.

At a meeting of the Estate Company (Limited
and
half, Reduced) a dividend was declared for the

year at the rate of 4 per cent. per annum.
At the meeting of the London Tavern Company
(Lirailed) the directors' report was adoptel. ft
stated
the net profits for the year at £1,386,
,ucl recommended a dividend of 2} per cent.
"Ile expenditure for renewals, furniture,, &c., has
amounted to £1,323, which has been paid out of
Protits.

prospectus has been issued of the National
Telegraph Manufacturing Company (Limited),
kith a capital of £400,000, of winch half is to be
first issued in shares of £25 each, to purchai.e the
tt'legraphic business and works of Messrs. R. S. i\
e wall and Co., of London and Gateshead-on-

Ihe directors of the Great Luxembourg Railway
c)lnPany propose the payment of a dividend for
theltn half-year at the rate of 31 per cent. per
1861Zra) against 2 for the corresponding period of

It appears that some hopes are still entertained
as to the safety of the City of Boston, so long
been
from Halifax. No further advance has
'eel), made in the premium at Lloyd's, it being
generally believed that, her screw propeller having
aentirely failed, she had to rely upon her canvas,
nd to run southwards. The Inman Company
have despatched another of her vessels in search
of her%
With reference to the wreck of the Carnatic
steamer, which struck on a coral reef in the Red
8 ea> a telegram has been received by the aassocia-
tionat Lloyd's, stating that she had been washed
r°4l off the reef into deep water. All the specie,
"eepting about £B,OOO, has been saved.
It appears that the method of transport by wire
ropes, Which was tried on an experimental line
"eat' Leicester last year, has made considerable
progress since that time. Thirteen lines, varying
t3/11 short distances to four miles in length, have
been
c constructed, and upwards of 109 miles are in
241'se of preparation or under contract, a five-mile
s
..ection of which has just been placed on
Lighten Downs, and will be ready for exhibition in
tt few days.
According to Messrs. Arles, Dufour, and Co., a
gradual increase of confidence has been observable
1.11 the Lyons silk market since the favourable turn
111 the home politics of France.
Late advices from Peru mention the arrest and
detention of two British ships by the Peruvian
Government under circumstances apparently most
unjustifiable. They were engaged in the guano
trade, and the pretexts for the arrests were such as
to Warrant a suspicion that they were concocted by
corrupt officials. A full statement of the case has
been made to the Foreign Office by the owners,
Messrs. Moran, Galloway, and Co., of Liverpool.
Berger Spence and Co.'s metal report says :-
44 With one or two exceptions the market for che-
micals, since our report of the 21st, has been rather
light, but not more so than is usually the case at
the close of each month. There is no diminution
in the firmness of prices ; on the contrary, pro-
ducers in some cases have realised a shade above
present quotations for late deliveries, chiefly in ash
and caustic ; for the former a large shipping order
which has been before the market for some time was
closed at 1 and for the latter sales of 300 to 400
t°4B have been reported for the continent, part
,having been done at £l3. In miscellaneous articles
there is no feature of importance, and prices have
not undergone any change worthy of note. In
iltliuerals the market has been barely supplied, owing
I.l° the severe weather. The metal trade has m-
ailed a little during the week and prices are now
reltlY firmer, although business transactions still
Maif r on a limited scale. Scotei pig iron is selling
any closes rather easier. Cleveland is firm
--uo
dull,"nig off. at full rates. Manufacwred iron is
it. Tinenpr.er is a shade better, with little doing iv
Lem . continues in demand at the advanced rates.
spelter is
•iti ls firm, with a brisk s de. The improvement
doing. maintained, and a moderate business

FUNDS—CLOSJNG PRICES.
tiovE,
3 Per co;,O,2ILNT tUNDF.
- ..
3 pli:tg.,o,for Ae_,count
Newper 110 laced 92i 3
eclit ........................... 921 3