The Sun.
London, England, 1870-05-19 00:00:00

MONETARY REPORT S--YESTERDAY.

In the Stock Exchange to-day the business doing has
been very moderate, and the quotations have ruled
easier in some instances, especially as regards
railways. Consols, notwithstanding the fine weather
and the improved harvest prospects, have been dull, at
941, 94a for delivery, and 94 5-16ths, 94 1-16ths for June.
Reduced and New Three per Cents 92g, 92i ; Exchequer
Bills par to ss. prem. Bank stock has marked 233, 235 ;
India Five per Cents 1134, 1141 ; and India Bonds 20s.
to 255. prem. ; Metropolitan Board of Works (31 per cent.
stock) has marked 95k.
The market for English railway stocks opened heavily,
and although a slightly improved tendency was apparent
towards the close, a decline was in many instances per-
ceptible. Metropolitan, after having been done at 71i,
eventually recovered to 72k, 72k, shewing an improvement
of kon the day. Caledonian and London and North-
Western each rose k, but Great Northern A gave way ;
Midland, k, and Great Western 1. The traffic receipts of
the Midland and London and North-Western are both fa-
vourable, the former shewing an increase of £1,735, and
the latter of £6,992.
Indian stocks have been quiet, but the quotations have
been unaltered. For Canadian shares there has been very
little inquiry ; nevertheless, prices have been unchanged.
Foreign shares have been in limited request.
The principal feature in the market for foreign bonds
has been the inquiry for Turkish 5 per Cents, which have
risen to 51k, shewing a rise of 1 per cent. Spanish, on
the other hand, influenced by the refusal of
the throne of Spain by Marshal Espartero,
have been flat. At the commencement of business
prices were 3-16 lower, but a recovery of k
subsequently took place. Italian have been easier, but
Peruvian (1865), have advanced 1, and Egytian and
Cbilian have been rather firmer. Chilian Scrip has
risen 1.
American Securities have been steady. The Ten-
Forty bonds have advanced 1, and Illinois (1875), 2k, but
Erie shares have bedn 1 lower.
Bank shares have been dealt in quietly, but the quota-
tions have ruled firm.

There has been a continuance of steadiness in the mar-
ket for telegraph shares. Anglo-American have risen *,
and British Indian Submarine

In Miscellaneous Securities the business doing has been
only moderate, and the movements have been unimpor-
tant.

The sum of £9,000 has been taken to the Bank to-day.
The Deutschland, from New York, has brought £68,666

in specie.

The periodical sale of bills on India was held at the
Bonk of England to-day. The amount offered was offered
was £400,000, of which £349,200 was allotted to Calcutta,
£50,000 to Madras, and £BOO to Bombay. The minimum
was fixed at Is. 10P. the rupee. Tenders at is. 10-2 d on
Calcutta and Madras will receive 38 per cent., and at the
same time on Bombay 28 per cent. Tenders above that
quotation will be admitted in full.
The tone of the money market has continued firm. The
supply of capital has been only moderate, and there has
been a fair demand for accommodation. Three Months
Paper has been negotiated at 3 per cent, but occasional
transactions have taken place at 2i.
The Elbe has taken out £1,866 for the West Indies.

The British Australian Telegraph Company (Limited)
have notified that they have the concession granted by
the Netherlands Government to land cables on the Island
of Gaya, as well as a certified copy of the receipt of
the Amsterdam agent of the Minister of Finance
for the required caution money, which will be returned to
the company, one-half when the section of the cable is
laid between Singapore and Batavia, and the remaining
half when the cable between Java and Australia is com-
pleted.

The Madrid Gazette publishes the text and ratifications'
of the following treaties of commerce, navigation, &c.,
concluded between Spain and the various Powers, shew-
ing that the new Government has, notwithstanding its
difficulties, paid some attention to the interests of trade :
—Treaty with Belgium, February 12, 1870 ;
February 22, 1870; Austria, March 24, 1870 ; Persia,
February 9, 1870 ; and the Republic of Liberia, April 7,
1868. Additional articles to the treaty with Switzerland,
April 7, 1868. _ _ _

A special meeting of the directors of the London and
North-Western Railway Company was held at Euston-
square terminus this afternoon, for the approving or other
wise of certain bills now pending in Parliament. A
motion by the chairman that " the additional powers
required by the London and North Western Company's in
relation to their owu undertakings, and the undertakings
of other companies he approved," was adopted. A
resolution giving the directors power to make further
provisions in respect of steam communication between
Holyhead and Ireland was also carried.
Wheat has been dull, and lower to sell. Spring corn
quiet.

The Manchester Courier states that a preliminary meet-
ing has been held of the creditors of Mr. John Carter, of
Enfield, near Accrington, who has absconded. The
liabilities are estimated at about £B,OOO.

A failure has been announced at Brockville, Montreal,
with liabilities amounting to £12,000.

LONDON STOCK EXCHANGE-WEDNESDAY.

LATEST PRICES -AFT:

'ER OFFICIAL HOURS.

SECURITIES.

Brazilian, 1865, 5p c 9l 911
Egyptian, 1868, 7 p c 818 821
Do. Rail. Debeu., 7 p c 100 101
Italian, 1861, 5 per cent 5B 581
Peruvian, 1865, 5 per cent 87 881
Portuguese, 1869, p
3p c 34 341
Russian, 1866, 5 c 93 94
Do. Nicolas, 4 per cent 6B 681
Spanish, 1867, 3percent 3ll 311
Do., 1869, 3 per cent
Turkish, 1854, 6 per cent 86 88
Do., 1865, 5 per cent 5ll 511
Do., 1865, 6 per cent 728 731
U. 8.5-20 Bonds, 6pc 1882 89 891
Do., 1865
Do., 10-40 Bonds, spc 1904 85 861
Erie Sha., 100 dole. all pd. 18 181