The Sun.
London, England, 1870-01-24 00:00:00

AIONEY AA.IIKET

AND

COMMERCIAL INTELLIGENCE.

curry', Two o'CLocK.
The transactions on the Stock Exchange to-day
were decidedly an improvement upon those of

Saturday. The attendance was more numerous,
and altogether more activity was observable in all
quarters. The favourable advices from Paris have
given increased firmness to the market, and although
the price of Consols did not go up, yet they firmly
sustained their closing luotations. In Foreign
Securities a decided improvement was apparent,
but for Railway, Bank, and Miscellaneous Shares
the pric,:s remained almost unaltered from those of

Saturday.
LOI.IBOIS are now at 9.23. to 921 for money;
ditto, for An.;ount, 921 ; Three per Cent. Re-
duced, 92i ; New Tree per Cents, 02f ;
Exchequer Bills £l,OOO, March, 3 pram. ;
June, 3 prem. ; ditto £lOO, £2OO, and Vioo, March,
par ; June, ; Bank of England Stock,

4i per Cent., 2371.
India Stock, 104 per Cent., April, 1874, 209 ;
ditto 5 per Cent., July, 1880, 1114 ; ditto 4 per
ent Oct., 1888, • 100 • ditto linfaced Paper,
1

Oi per Cent., —.

In the Foreign Market there is a greater demand,
and prices have advanced, Turkish Five per Cents.
being now 431 to 431 ex div. ; the Six per Cents.,
661 to 64} ex div. ; and the New Scrip is prem. ;
Italian Bonds, 54/ to 54} ex div. ; Peruvian,
78 ex all ; Spanish, 271 to 27f ex div. ; Russian
1862 Bonds, 86 to 861 ; Orel, 831 to 831 ; Nicolas,
654 to 661 ; Moscow, 801 to 811 ; Charkof, 82 to
821 ; Brazilian, 871 to 881 ; and Mexican, 144
to 151..
In the Railway Market business is more
active The prices are now—Caledonian, 761 to
76i ; Great Eastern, 371 to 374 ; Great Northern,
1101 to 111} ; ditto (A), 1114 to 1121 ; Great
'Western, 611 to 611 ; Lancashire and Yorkshire,
128 to 1281 ; London and Brighton, 45 to 451 ;
London, Chatham, and Dover, 141 to 151 ; Lon-
don and North Western, 123; to 124/ ; London
and South Western, 93 to 94 ; Metropolitan, 79
to 791 ; Midland, 1221 to 1224; North Eastern
(Berwick), 1251 to 1254 ; and South Eastern, 76f
to 77/.
In Bank Shares London and County has receded
to 49 to 501 ; London and Westminster is 60 to
61 ; London Joint-Stock, 331 to 341 ; Union of
London, 36 to 37 ; Imperial Ottoman, 21 to 2/
prem. ; and Anglo-Austrian, 14 to 16 prem.
In Miscellaneous Securities National Discount
are 111 to 12 ; General Credit, 1 dis. to par ; and
Hudson's Bay, 12 to 121.
Lombardo-Venetian is * lower, at 20 to 201 ;
and Great Luxemburg is unaltered, at 131 to 131.
American Five-Twenty Bonds are 87 to 874;
Illinois 4 lower, at 1031 to 1041 ; Erie Shares
are 18 to 181.
French Cable have improved to 18 to 181 ;
British Indian Submarine, 141 to 14/ ; Anglo-
American, 19f to 20 ; China Submarine, 1 to
Prem. ; Falmouth, 3f, to 4 prem. ; Land and Sea
Telegraph Company, / prem. ; West India Panama,
to 1 prem. ; and Construction and Maintenance,
331 to 38f.
At Mark-lane this morning the attendance was
moderate, and the trade generally steady without
without being active. The small show of Fuglish
wheat was in fair condition, and moved off slowly
at about last Monday's rates. Foreigu wheat met
a quiet sale, without change from the closing rate
of last week. Flour unchanged in value, with only
a limited demand. Barley maintained late rates for
both malting and grinding descriptions.
There were no gold operations at the Bank on
Saturday.
It is believed that the new Russian Loan will be
brought out iu the course of a few days by Messrs.
N. M. Rothschild and Sous, of London and Paris,
and that it will consist of £12,000,000 5 per cent.
stock. Hitherto it has been generally supposed the
amount would be at least 12 millions sterling net.

The American papers gave accounts of a new
telegraph cable scheme from Lisbon to the Azores,
and thence to New York, having on its route branch
connexions with Brighton, Havre, and the Hague.
It is to be called the American Cable Company, and
IS to be coristituted " under the laws of the State of
New York''—an announcement which literally
Means that if any of the active spirits of the enter-
prise, after they shall have attained all the required
capital, should think fit to apply that capital to
their own uses they will be enabled to do so at
pleasure.
The British Australian Telegraph Company

(Limited) have given the order for the manufacture
sof their cable (to be laid between Singapore and
Batavia and Java and Port Darwin, Australia),
accompanied by the necessary payment, to the Tele-
graph Construction and Maintenance Company
(Limited).
The half-yearly meeting of the South-Eastern
Railway Company is called for the 24th inst.
The Midland Railway Company have given
notice that the new and direct line of railway be-
tween Suet-field and Chesterfield will be opened for
train,on Tu,sday, Feb. 1. It is pointed out that
the Opening of this railway places Sheffield upon
the main line of the Midland Railway.
An outline has been circulated of a project for
a Ream and railroad service from England to
Australia in less than 40 days—namely, Milford
Raven to Portland (Maine) in nine days, Port-
land to San Francisco by Railway in seven days,
and San Francisco to Australia and New Zealand iu
23 days.
The amount of the Bucharest and Giurgevo
Railway State Loan already fully paid up is nearly
£300,000. The total amount of this loan was
£435,520.
In notifying that the conversion of Austrian
Bonds iu London will cease on the 31st of March
next, the Austrian Government are inflicting a
gratuitous further loss upon bondholders in this
country, as the Act for the closing of the con-
version, and of which closing six months' notice
must be given, has not yet been passed by the
Reichsrath.
The thin call of £5, making £l2 called, is to
be p iid on the £l6 5 per cent. preference sh res of
the Midland Railway Company by the 18th of
February.
Au extraordinary general meeting of the City
Terminus Hotel Company (Limited) is convened
for the Ist February,
on the
consider and approve the
resolution
passed 17th
it h
n inst.,ereas e and
their thereupon
to authorise the directors
borrow-
ings by the further sum of £65,000.
The half-yearly meeting of the City of London
Brewery Company (Limited) is called for the 2d
February, when a resolution will be submitted for
declaring a divided for the past half-year.
Berger Spence and Co.'s weekly report says :
cr Although the actual sales of chemicals during th
consider-
past week have barely come up to the e
average of
the preceding two weeks there has been
able inquiry both for home and export, more espe-
cially the latter. Foreign stocks are materially
reduced, the demand therefor is for healthy Con-
sumption, and not for accumulation at the Store;
as was the case in the early part of last year, which
caused prices to recede, and to a great extent
Paralysed the foreign trade—prices of alkalies
consequently remain firm, and from the present
aspect of the trade there is no apprehension of any
weakening in quotations. In metals prices are
ruling easier.

BRITISEE FUNDS-CLOSING PRICES.

ti OTERNMENT _FUNDS.
° Per Cent. Consols -
Ditto for Account 921
3 per Cent. Reduced 921
New 3 per Cent -
A OW 21 per Cent. Jan. 1894
, Do. 5 per Cen J 5n.187 3
lk
unuities, 30 yrs, expire sth Jan., 1880. ---
Do. for 30 yrs, expire sth April 1885 —
~ Do (Red Sea Telegraph), Aug., 1908 —
r-Xenequnr Bills, £l,OOO, 21 p. Ct. March 3 pm
Do. 21 do. Juue par
DI £lOO, £2OO ct £5OO
sank of England Stock. 4/ per Cent
04. opening Canada?,_.
per Cent. Bonds —
latsr-Calonial Uranium 1.• 00000 imm tttttt