The Sun.
London, England, 1870-04-13 00:00:00

MONETARY REP ORTS—YEsTELwAY.

A firmer feeling has been noticed in the Stock Exchange
markets to-day, and the movements in prices have been
favourable. Owing to the satisfactory nature of the Chan-
cellor of the Exchequer's Budget, there has been a
strong demand for Consols, and an advance of per cent.
has been established in prices. For money the quotation
has been 94, 94, and for the May account 94k, 941.
Reduced and New Three per Cents and Exchequer Bills,
par to 2-ss. prem. ; Bank stock, 231, 233 ; India Five pet
Cents, 113, 113/ ; and India Bonds, 20s. to 255. prem.
Owing to the confirmation of the rumour of the pro-
posed reduction of the 5 per cent. tax on first and second-
class railway passengers, and a tax of 1 per cent. on the
total receipts from both passengers and goods,
the railway stock has continued firm, and a
further improvement has been in some instances esta-
blished. Great Northern A has risen Lancashire and
Yorkshire, /; London and Brighton, 1 ; London, Chatham
and Dover, ; Metropolitan, i; Midland, ; North-
Eastern, Berwick, / ; ditto, Leeds, 1; South Eastern, I;
ditto, Deferred, 1.

The tone of the market for foreign bonds has peen
healthy, and prices have been well maintained. Egyptian
(1868) have risen ; New Grenada, I ; Russian (1822), i;
Turkish (1862), ; and ditto Five per Cents., per cent.
Indian railway stocks have been dealt in quietly, at
about previous quotations. Canadian shares have con-
tinued firm in value, but the demand for them has not
been active. In foreign shares the movements have been
unimportant, and the businesq doing has been only x.eoe-
rate.

American securities have been in moderate request. The
Five-Twenty (1882) Bonds have risen *, and Illinois Cen-
tral shares have recovered 1.

In bank and mining shares the transactions have been
restricted, but prices have ruled firm.
The dealings in telegraph shares have been limited,
and the quotations have been without important change.
Silver's Indiarubber shares have been flat, and 1
lower.

Miscellaneous securities have been quiet. Berlin
Waterworks have been it lower.
There have been no bullion operations at the Bank
to-day.
As regards the rates on Italy they have been rather
lower, otherwise no change has taken place.
The underwriters at Lloyd's have arranged to-day to
settle with the assurers on a total loss, as regards the
City of Boston, one or two of the Marine Insurance
Companies having already done so.
The report of the Brighton Hotel Company recom-
mends a dividend of 3s. per share.
The Leeds and Liverpool Canal Company have
declared a dividend of £l3 per share.
The Northern Counties Fire Insurance Company have
declared a dividend of 5 per cent.
The failure is announced of Messrs. Hunter and Sons-,
millers, of the county Antrim, with liabilities for about
£BO,OOO.

Owing to the Stock Exchange settlement there has been
an improved demand for money to-day, both at the Bank
and in other quarters, and the rates have been firm at 2/
to 3 per cent.

At a meeting of the Great Northern Telegraph Com-
pany, at Copenhagen, on the 2nd instant, a resolution for
payment of ad interim, interest, at the rate of 5 per cent.
per annum by the issue of half-yearly coupons,
was adopted, and the first will be paid on the Ist of July
next.

The directors of the Anglo-American Telegraph Colt-
pany have determined to recommend a further dividend of
ss. per share for the nine months ended the 31st of
January last.