The Sun.
London, England, 1870-04-26 00:00:00

THE MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
business to-day on the Stock Exchange was flat.
Consols went down I, and in foreign securities Egyp-
tian Sevens, 1868, gave way, but the Viceroy Loan
remains firm. The Railway Market has also declined,
North Westerns, Caledonians, Metropolitans, and
South Easterns being all lower. There is a rise of
giu Anglo-American:;Telegraph ; and in American
Securities we have to note a fall in Eries to nearly
t 1 Per Cent. In Banking and Miscellaneous Shares
ule quotations generally remained unchanged.
Consols are now at 94 8 3/ 4 for money; ditto,
/,‘,!count, 94 ; Three per Cent. Reduced, 921 1 ;
leW Three per Cents., 92i ; Bank of England
Stock, 44- per cent., 233 5.
Exchequer Bills £l,OOO, 21 per cent., prem. ;
ditto £lOO, £2OO, and £5OO, par 5 prem.
India Stock, 10} per cent., April, 1874, 209 ;
ditto
r, 5 per cent., July, 1880, 1131 ; ditto 4 per
?at., Oct., 1888, 1001 1 100/ ; ditto Enfaced Paper
Per cent., 1872, —; ditto Bonds, under £l,OOO,
21 prem. *,
111 the Foreign Market Brazilian are now 89 to
89
8i ; Egyptian (1864),90 to 91 ; ditto (1868), 801 to
;•11; Viceroy's Nine per Cents., 1021 to 1021 ;
ditto
Seven per Cents., 841 to 85 ; Italian, 541 to
.q; Peruvian, 87 to 871 ; Russia (1862), 871 to
; Orel, 841 to 851 ; Nicolai, 70 to 701 ; Moscow,
861 to 861 ; Charkof, 841 to 851 ; Spanish (1867),
2,81 to 28/ ; ditto (1869), 281 ; Turkish Five per
Cents., 471 to 47/ ; and ditto (1869), 61/ to 61/.
In the Railway Market Great Northern are marked
1201 to 127 ; North British, 36 to 371 Metropolitan,
771 to 73 ; Lancashire and Yorkshire, 1301 to 1318 ;
Caledonian, 731 to 74 ; London and
,North Western,
128.1 to 1284 ; Midland, 1261 to 127 ; Great Western,
724 to 723 ; London and Brighton, 451 to 461 ;
South Eastern, 781 to 781; Great Eastern, 421 to
421 and Manchester, Sheffield, ani Lincolnshire,
521 to 53.
American Five-Twenty Bonds are 881 to 881 ;
diErie
(1865), 851 to 861 ; Illinois, 1111 to 1121 ; and
."tie Shares, 181 to 181.
„ Lombardo-Venetian are 161 to 161 ; Great
Luxemburg, 13} to 131.
Construction and Maintenance Telegraph Shares
are
now 351 to 361; Anglo-American, 171 to 171 ;
British Indian, 8/ to 9} ; China Submarine, 2 to 1}
4
,18.; Falmouth, 9 to 98; and :French Cable, 151
The New Loan for the Viceroy of Egypt has been
'eq. favourably received, and is actively dealt in at
to 1 prem.
The City of Vienna, from Port Phillip, has brought
48)641, and the Lincolnshire £lO,OOO.
The prospectus of the new 7 per Cent. Daira
°an of the Viceroy of Egypt for a nominal sum of
771142,860 at 781, in instalments extending to the
v'tit of October next, and redeemable at par in 20
,"e,4,174) has been issued. The discounts on prepayment
;41 reduce the price to about 771 and the net re-
Urn) after making allowance for drawings, will be
nearly 11 per cent.
The
accounts from Spain with regard to the pros-
mts of this year's harvest are extremely favourable.
In relation to the Turkish network of railways it
is Stated that Mr. Pressel, the contractor, has arrived
In
e Constantinople to make arrangements for the
commencement of the following lines :—Constanti-
4°Ple - Rutschuk - Tschkmedje - Adrianople, Adria-
°Ple-Lledesc, and Adrianople. Sarambay, comprising
total length of 400 miles. These three lines are to
be opened for traffic in the year 1871.
According to aivices by telegraph from Alex-
!Aria the recent rise in Egyptian securities was
'killed by large operations on account of the Viceroy.
1,Y-he fortnightly settlement will commence on
ednesday next (" continuation day"), and conclude
00 Friday.
The report of the Otago and Southland Invest-
tuent.
Company ompany (Limited) recommends a dividend at
rate of 10 per cent. per annum.
The report of the Standard Bank of British South
Afrtea (Limited) recommendi a dividend of lea. on
£25 shares and 4s. on £lO shares.
ME. William Cash has been appointed liquidator
of
the United Kingdom Railway Rolling Stock Com-
Pany.

anticipation of the meeting called for the 3d of
day, the report of the directors of the Anglo-
i7erican Telegraph Company (Limited) has been
:led. The net profit for the nine months ending
e! 31st January amounted to £106;258, out of
hatch three interim dividends of 10s. per share each
been declared. A further dividend of 52. per
share, free of income tax, is recommended.
A.t the annual meeting of the shareholders in the
eat Eastern Steamship Company, held yesterday,
it
p was stated that the Telegraph Construction Com-
:117 had chartered the ship for five years at a pay-
dellt of £20,000 per annum. This would yield a
,;
—Ldend of 20 per cent. for that period.
Messrs.sa: Berger, Spence, and Co.'s weekly report
The business of chemicals up to the close
11,` the week has been of a very meagre character ;
1,141 although there was a better feeling displayed at
dficlara market, still the effects of the Easter holi-
-478 have been very apparent from the few and un-
important transactions negotiated. In minerals no
reange of importance has transpired since our last
,c1)(31t and a regular business continues to be done.
etch and Cleveland pig irons are in strong demand,
St
enhanced prices. Copper is improved, and smelters
arequotations.requiring higher rates. Another advance has
been declared in tin, and holders are very firm at
In lead and spelter there is no marked
difference prices are low, with a limited business.