The Sun.
London, England, 1870-01-13 00:00:00

MONEY MA.REET

AND

COMMERCIAL INTELLIGE NCE.

CITY, Two O'CLOCK.
The general tone of business to-day on 'Change
was decidedly dull, but the settlement went on
without any perceptible diminution in the demand
either for money or stocks. The price of Consols
remained the same as yesterday, but in Continental
Securities the quotations were lower. There was
almost a general decline in the prices of Railway
Shares, with the exception of South Eastern, which
was the only stock that had improved upon yes-
terday's figures. Telegraph Shares were inactive,
and in Banking and Miscellaneous Shares very
little alteration has taken place.
Consols are now at 921 to 921 for money ;
ditto, for Account, 92f ; Three per Cent. Re-
duced, 921 4; New rnree per Cents, 921 4 ;
Exchequer Bills £l,OOO, March, 5 pros. ; June,
4 5 prem. ; ditto £lOO, £2OO, and £5OO, March,
June, prem; Bank of England Stock,
44 Per Cent., 236 8.
India Stock, 101 per Cent., April, 1874, 207 9 ;
ditto
5 per Cent., July, 1880, 112 111 ; ditto 4 per
Cent.,
Oct., 1888, 1001 4; ditto Enfaced Paper,
4 per Cent., 914 ; Metropolitan Board of Works,
31- per cent. Stock, 941.

In the Foreign Market Chilian Six per Cents.
(1867) are quoted 97 to 08 ; Danubian Seven per
Cents., 89 to 90 ; ditto Eight per Cents., 93} to
94i ex div. ; Egyptian (1864), 91 to 99 ; ditto
(1868), 811 to 82 ; Viceroy's Seven per Cents.,
811 to 81/ ; ditto Nine per Cents, 971 to 97/ ;
Italian, 551 to 551 ; Tobacco Loan, 87/ to 881 ;
Peruvian, 801 to 81 ; Portuguese, 331 to 331 ;
Russian (1862) 86 to 861 ; Orel, 831 to 831;
Nicolas, 65/ to 661 ; Moscow, 81 to 811 ; Charkof,
821 to 824 ; Spanish, 271 to 271 ; Turkish Five
per Cents., 441 to 44} ex div. ; ditto Six per Cents.,
66/ to 67 ex div.
American Five-Twenties are 87 to 871 ; and the
Ten-Forties, 841 to 851. Erie Shares are 171
to 171.
In the Railway Market Berwick have improved.
There is a fall in Brighton, Caledonian, Lanca-
shire and Yorkshire, Great Eastern, Great Wes-
tern, Chatham, and London and North Western.
South Eastern Shares are 1 higher. Quotations
are now as follows :—Caledonian, 751 to 76 ;
Great Eastern, 381 to 381 ; Great Northern (A),
1111 to 1111 ; Great Western, 601 to 61 ; Lanca-
shire and Yorkshire, 128 to 1281; Loudon and
Brighton, 45 to 451 ; London, Chatham, and
Dover, 141 to 15 ; London and North Western,
1244 to 1241; London and South Western, 921 to
931 ; Metropolitan, 79 to 794 ; ditto Extension
Stock, 781 to 791 ; Midland, 1231 to 124 ; North
Eastern (Berwick), 127 to 1271; and South
Eastern, 78 to 781.
.Lombardo-Venetian is quoted at 201 to 211; and
Great Luxemburg, 131 to 131.
Anglo-American and French Cable are each 1

better, the former being 191 to 191; the latter,
171 to 18 ; British India Submarine, 141 to to 141;
China Telegraph, t to 1 prem. ; Falmouth, 4 to 4/
prem. ; and Construction and Maintenance, 34
to 341.
In Bank Shares, London and Westminster are
10s. higher, at 601 to 611 ; London Joint Stock,
33i to 34 ; Union of London, 38 to 39 ; London
and County, 50 to 51 ; Imperial Ottoman, 21 to
21 div. ; Consolidated, 41 to 41 ; Chartered
Mercantile, 311 to 321 ex div. ; Anglo-Austrian,
15 to 17 prem. ; Alliance, 14 to 15 ; and Agra (A),
12 to 121.
There were no transactions in bullion at the Bank
yesterday, and the only operation since the date of
the last return has been the withdrawal of £4,000
for export.
Of the £117,000 in specie by the Tasmanian,
from the NVest Indies, £70,000 is silver and
£47,000 gold.
Bar silver continues in demand for the Continent,
and the quotations are firm at ss. 01d. to 55. Ofd.
per ounce. There is, however, less inquiry for
Mexican dollars ; the price is 4s. 111 d.
The Dundee Advertiser announces the failure of
Messrs. William Love and Co., in the Belfast linen
trade. Their liabilities are estimated at about
£25,000.
It is understood that the Bank of England, with
a view to public convenience, are willing to make
advances in anticipation of the distribution of the
money now in course of accumulation for payment
of the purchase of the telegraphs, towards the end
of the month.
At the meeting of the Union Bank of London a
dividend was declared for the past six months at
the rate of 15 per cent. per annum.
The London and North Western Railway
traffic return shows this week an increase of
£5,335 over last year ; the Midland, an increase
of £4,079 ; the Caledonian, an increase of £Bl9 ;
the Great Western, an increase of £2,019 ; the
Great Eastern, a decrease of £1,133 ; the London
and South Western, a decrease of £775 ; and the
Great Northern, an increase of £626.
At a meeting of the North British Australasian
Company a dividend was declared at the rate of 61
per cent.
The ordinary general meeting of the proprietors
of the North Western Bank (Limited) is called for
the 26th inst.
A meeting of the bondholders of the Buffalo and
Lake Huron Railway Company is called for Fri-
day next.
The directors of the London and St. Katharine
Does Company will recommend a dividend of 11
per cent, for the past six months.
The directors of the Maritime Insurance Company
(Liverpool) recommend a dividend at the rate of 10
Per coat, per annum.
It has been announced by the Brighton Railway
Company that the accounts for the half year to the
v Debenture
tustteonfDreecember show that after providing for all
and Preferential interest and other
charges
barges
,La balance will remain sufficient to pay a
• dividend of ifs
va. per cent. for the half year on the
Ordinary
Stock. This dividend would have been
t 1 2.8. 6d. per cent. bad not the directors thought
right to charge £45,000 against the revenues of
the half year to meet all claims arising out of the
eti-erce,, •
tilin them. accident so far as it is possible to Racer-
San F •
rancisco telegrams of the 30th ult. mention
that 4,000 tons of wheat had just been cleared for
England, and that ten additional vessels were then
loading.
A petition for the winding up of the London
and
heard before
Assurance Company (Limited) is
before the Master of the Rolls on the
22d inst.

It is understood that a Danubian Loan, which is
to be secured on the tobacco revenues, is likely to
be brought forward. A. new Russian Loan, the
one talked of for some time, will also be introduced
shortly, the Government corning direct to the mar-
ket themselves, and avoiding the medium of further
issues of guaranteed railway bonds.

BRITISIi FUNDS—CLOSING/PRICES
GOVERNMENT EUNDS.-
per Cent. Consols
Ditto for Account 921
Sper Cent. Reduced
New 3 per Cent ........................... 921
ow 2} per Cent. Jan. 1894
Do. 6 per Cen Jan. 1873
Annuities, 80 yre, expire sth 1880.
Do. for 30 yrs, expire sth April 1885...
Do (Red Sett Televaphl, Aug., 11018 •
!Exchequer Bills, £l,OOO, 2i p. Gt. 51arch
Do. 3 do. June 4 5 pm
Do £lOO, .£2oot & £500...... Ptn
Bank of England Stock, 4} per Cent 236 3
opening
'—
C'anada 4 per Cent. Bonds
ator-Colonial Uranium
INDIAN i4OVEIINMENT BECURITIEg
Wit stock, 101 per Cent., April 1874 207 9
De. Opening, for Account
Do. o per Cent. July, 1880
De 4 per Cent. Oct. 1888
Do. Enfaced Pepin 4 per Cent..:... 91.1-
Do. 5 per Cent., Jan. 1872
Do. Sf per Cent. May 1879
5 per Cent., Rup. Deft. 1872., —
Do do 1877
Do. do. 1882
Do. Deb., 5 per Cont., Aug. 1.873
Do Bond!, 4 per Cent., £l,000
Do. under £l.OOO
FOREIGN FUNDS—CLOSING PRICES.
arßentine Republic, 6 per Cent B7i 8}
Do.A
—mut smititionit ..... utemititists