The Sun.
London, England, 1870-02-26 00:00:00

_MONETARY REPORTS—Yesterday.

Inc attention of the House was principally directed to
the fortnightly settlement in shares and foreign bonds.
The tone of the various departments has been healthy,
and there has been a tendency to improvement. Consols
have been firm, at 92i, 93 for money, and 92i, 92 for
March. Reduced and New Three per Cents, 921, 93.
Bank Stock has marked 240, 24L India Five per Cents
have been clone at 112, 112, and India Bonds at 205., 255.
prem. Metropolitan Board of Works 94, Exchequer
(March), 2s. dis. to 3s. prem., and June 2s. dis., 3s. prem.
In the market for English railway stocks a full average
business has been transacted, and with but few excep-
tions, the fluctuations have been of a favourable nature.
Great Western, having been over-sold, has recovered to
the extent of t London, and North-Western, and Mid-
land shew an advance of I and respectively. Great
Eastern has risen b, and Great Northern ; but Caledo-
nian has- fallen I, and Metropolitan 1.1.
The demand for Indian Railway Stocks has been quiet,
but prices have been maintained. Canadian Shares have
been without movement of importance. For foreign
s'iarea there has been a moderate demand. South
Austrian and Lombardo-Venetian have improved
to 191, 20.

There have been no bullion operations at the Bank is

In the rates for Foreign Exchange no material altera-
tion has taken place.
Messrs. Pixley and Co. remark that the only
transactions in gold during the week have been
an arrival of £7BO from Halifax, and the export of £27,150
to India, and £lO,OOO to Rio. There are indications of a
demand for the Continent, and in the absence of
other remittances it is expected that some portion
of the £348,000 due by the Overland Mail from Mel-
bourne, on the 26th inst., will be taken for Paris.
Silver continues flat ; the price remains as last quoted-
-602d. per oz. standard for fine bars. Mexican dollars
have been in moderate demand, and the price at 59id.
per oz. remains without alteration.
The market for foreign bonds has been characterised by
a fair amount of firmness, and the quotations have been
fairly supported. Spanish, Turkish, and Egyptian have
been firm, at an average improvement of I per cent.
Peruvian (1865) have been flat, and lower; whilst Ita-
lian (1861) show a decline of 1 per cent.
The Russian Loan has been firm and I better, at 31, 31.
The Chaim' is quoted at 1 prem.
American securities have been steady. The Fve-
Twenty and Ten-Forty Bonds have risen and Atlantic
Bonds ; but Erie shares have fallen I, and Illinois
Central I.
In Bank shares the business doing has been only
moderate, but prices have been supported.
Telegraph shares have been steady in value. British
India Submarine have risen 1, and Falmouth, Gibraltar,
and Malta,
Telegraph Construction shares have been firm and
better ; India Rubber shares have been steady ; Hooper's
Telegraph Works have been firm at I, I.
For miscellaneous securities the inquiry has been
limited at about previous quotations.
The report of the directors of the Liverpool and
London and Globe Insurance Company, to be presented
at Liverpool to-day, shews that the premiums in the fire
department have amounted during the year to £904,516,
against £867,374 in 1868, and the losses to £461,505,
against £539,916. In the life department 1,130 policies
were issued for £661,066 ; 183 proposals for £119,773 were
declined, and 178 proposals accepted, but have not yet
been completed, for £185,590. The November annual
premiums were £24,085, and the renewals £248,259,
making a total of £272,344. £117,525 will be appropriated
to paying a dividend. A payment of 10 per cent. has
already been made and warrants for the balance of 20
per cent., free of income tax, will be payable on the 15th
proximo. The sum of £153,880 will be carried forward.
The prospectus has been issued of the Blaen Caelen
Company (Limited) with a capital of £20,000 to purchase
some lead and copper mines in Aberystwith.
At a meeting of the Langham Hotel Company the
directors' report was adopted, and a dividend at the rate
of 10 per cent. per annum was declared, carrying forward
£921.

The shareholders of the Liverpool, London, and Globe
Insurance Company held their annual meeting at the
Liverpool offices to-day, Mr. Charles Saunders in the
chair. The report stated that the tire premiums for the
year amounted to £904,616. The income from the life
premiums was £272,344. The fire losses amounted to
2161,505, and the claims under policies, including bonuses,
to £162,355. The reserve surplus fund stood at £911,409,
the same as last year. A payment of 10 per cent. on
dividend account had already been made, and the directors
recommended an additional amount of twenty per cent.,
which together would absorb £117,525, and leave a balance
of undivided profit to carry forward of £133,880. The
report was adopted.
At a meeting of the creditors of Messrs. Dickson, Bro-
thers, and Co., Australian merchants, it was shewn that
t'le liabilities amounted to £124,000, and the assets, sub-
ject to realisation, to £125,000. A composition of 15s. in
the pound, payable by instalments, was accepted.
The following is from the Levant Herald of the 16th
inst. :—" With the return of more favourable weather
business appears inclined to shew a certain amount of
animation, a change that was wanted, seeing that it was
almost entirely paralysed during the month of Ramazan,
a state of things that was rather increased than diminished
by the recent cold weather, in fact the general business in
our markets had reached such a point that all trade had
ceased except a few transactions in the common neces-
saries of life required for local consumption. At
present, however, there is every appearance of an in-
creasing demand for imported articles, which are
becoming somewhat scarce, and as buyers from the pro-
vinces are beginning to arrive, it is to be hoped that before
long we shall be able to chronicle a general improvement
in all branches of trade. Our export transactions have
not been large owing principally to our stock of produce
being low, but as soon as the results of the late harvest
arrive we shall, no doubt, see our sales increase innumber.'

The following are the official `: making up " prices of
to-day, being the first day of the account in shares and
foreign bonds :—Railways— Metropolitan, 79 ; Cale-
donian, 77 ; London and Brighton, 44 ; South
Eastern, 76i ; Manchester, Sheffield, and Lincoln-
shire, 50 ; Great Northern A, 118; Midland, 104;
London and North-Western, 1241; Great Western 62i ;
Great Eastern, 38 ; Erie, 22 ; Illinois, 112 ; Great Luxe-
mbourg, 13i ; South-Austrian and Lombardo-Venetian,
19i ; and Great Western of Canada, 161. Foreign
Bonds—Egyptian Nine per Cents, 99 ; ditto, Seven per
Cents (1868), 78 ; Italian (1861), 551 ; Peruvian .(1865),
80i ; Turkish (1865), 681; ditto Five per Cents, 45 ;
Spanish (1867), 26k; Mexican, in. Miscellaneous—
Imperial Ottoman Bank, 131 ; Anglo-Mediterranean
Telegraph, 17; French Cables, 16; Telegraph Construc-
tions, 43 ; Don Pedro Mining, 3 15-16ths ; Yudanama-
tana, 1 ; Hudson's Bay shares. 121,