The Sun.
London, England, 1870-05-16 00:00:00

MONETARY REPORTS-SATURDAY.

The stock markets have ruled firm to-day, and the
transactions have been rather extensive for a Saturday.
Foreign Bonds have been in demand, at an average rise of
per cent. Russian 1870 scrip is A better. Consols are
quoted at 94A, 941 for money, and 941 94g for the June
account, Reduced and New Three per Cents are 92k, 92a ;
India Five per Cents, 114, 114 A ; Indian Bonds, 20s. to
255. prem.; Exchequer Bills, par to ss. prem.
Money has continued in fair demand, and the supply of
capital in the open market being comparatively small, the
rates have been maintained at quotations fully equal to
the Bank rate—namely, 3 per cent. for the best short
paper. There is less demand for six months' paper, and
the price is not above 3to 3 per cent.
There have been no bullion operations at the Bank to-
day.

The China, from New York, has brought 217,000.

Home railway stocks have been pressed for sale. and
prices have given way considerably. The most important
feature, however, is the demand for Metropolitan stock,
which shews a reaction of 4 per cent. All the other changes
have been unfavourable. Caledonian have declined
Great Eastern, ; Great Northern, 2 ; ditto (A), 1; Great
Western Consolidated Ordinary, London and Brighton,
London and North-Western, Midland and South-Eastern,
; South-Eastern Deferred Stock is lower.

The market for Foreign Bonds has continued very firm.
The business doing has not been extensive, but a further
general advance has taken place in prices. Argentine
(1868) have risen 4 ; Chilian (1867), -I- ; Egyptian (1868), i ;
ditto Government Railway Debentures, 4 ; Guatemala,
4 ; Mexican, i ; Peruvian, (1865), i ; Russian, (1870), I ;
ditto Scrip, 4 ; Spanish, I ; ditto, (1867), ft ; ditto,
(1869), f,

American Securities have been steady in value and
inquiry. Five-Twenty, (1867), Bonds have advanced I.
The Ten-Forty and Erie Shares A.
Although the Market for Bank Shares has not been
active, the tone of the market has been steady, and the
movements have been favourable. Bank of Egypt have
risen 1; Colonial, 1; London and Brazilian (New), ;
and Union of London, I.
Rather more firmness has been apparent in the demand
for telegraph shares, and some slight improvement has
taken place in values. Falmouth and Gibraltar shares have
advanced Great Northern and Panama i ; but Mar-
seilles and Malta, and Reuter's are I lower.
Telegraph Construction shares have maintained previous
quotations, but Silver's Indiarubber have been lower. In
other miscellaneous securities the transactions have been
only moderate, and the fluctuations have been trifling.

It is understood that the necessary arrangements have
been completed by the Metropolitan Railway Company
for perfecting the scheme of the surplus Land Company,
and that the directors have given instructions for the
pro rata allotment of the shares of the proprietors of the
ordinary stock of the company in accordance with the re-
solution of the general meeting held in February last. It
is also said that the arrangements have been completed
for taking the Chatham and Dover traffic to Moorgate.
The report of the Anglo Egyptian Banking Company
(Limited), to be presented on the 25th inst., recommends
an interim dividend at the rate of 10 per cent per annum.

The report of the Parkgate Iron Company for the year
ended the 31st of March recommends a dividend of £6los.
per share, being at the rate of 10 per cent per annum,
leaving, after an appropriation of £1,331 to reserve, a
balance of £l,OOO to be carried forward.

LONDON STOCK EXCHANGE-SATURDAY.

LATEST PRICES

'ER OFFICIAL HOURS.

GOVERNMENT

SECURITIES.

Three per Cent Consols 941 941
Do. for Account
Three per Cent ltdcd 924 924
New 3 per Cent
Exchequer Bills,March, par 5 pm
Do., June
Bank Stock
India 5 per Cents
Can.6pcJau.StJulylB77-84 10741084
Do. 5 Per cent do. 984 394
Doran. of Can. 5 pc 1903 974 984
New S. W. 5 p c 1871-76 102 103
New Zealand 6 pc 1891 llO 112
Do. 5 per cent 97 98
Do. 5 p c Consolidated
Queensland 5p c 1882
Victoria 6 p cJan.St July 115 116
Do. 5 p c do. 10341041

Brazilian, 1865, 5p c 9O 91
Egyptian, 1863, 7p c 81/ 81/
.1)o. Rail. Deben., 7 p c 998100/
Italian, 1861, 5 per cent 57/ 572
Peruvian, 1865, 5 per cent 87 87
Portuguese, 1869, 3p c 34 348
Russian, 1866, 5p c 93 94
Do. Nicolas, 4 per cent 6B 688
Spanish, 1867, 3percent 3l/ 318
Do., 1869, 3 per cent
Turkish, 1854, 6 per cent 86 88
Do., 1865, 5 per cent 498 49/
Do., 1865, 6 per cent 733 733
U. S. 5-20 Bonds, 6pc 1882 89 893
Do., 1865
Do., 10-40 Bonds, spc 1901 858 86
Erie Sha., 100 dols. all pd. 188 19