The Sun.
London, England, 1869-03-23 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLooK.
Business to-day vas dull, and prices in mcst
cases unaltered from yesterday, yet a trifling im-
provement has to be noticed for Spanish, but the
demand for the stock was by no means large. In
Railways there are sellers of Metropolitans at 103 ;
and in the miscellaneous market Hudson's Bay have
recovered from the fluctuation of yesterday.
Money is plentiful with the brokers, and first-class
paper is taken at 2'l.
Consols are 93f 2f for money ; ditto, for Ac-
count, 93f 3 ; Three per Cent. Reduced, 911 ;
New 'Three per Cents, 91i 1 ; Exchequer Bills
£l,OOO, 2. per Cent., —; ditto £lOO, £2OO, and
£5OO, 4 pm. ; Bank of England Stock, 4 per Cent.,
shut.
India Stock, 10f per Cent., April, 1874, 210 ;
ditto 5 per Cent., July, 1880, 112 f ; ditto 4 per
Cent., Oct., 1888, 1001 e ; ditto Enfaced Paper 5

per Cent., 105 f.
In the Foreign Market there has been a few
purchases of Spanish New Three per Cents.
Argentine Six per Cents. are 79-,L, to 794 ; Bra-
zilian of 1865, 70.1 to 801 ; Chi!ian Six per
Cents. of 1867, 544 to 958; Danubian Eight per
Cents., 87 to 81; Egyptian Nine per Cents., 948
to 958 ; ditto Seven per Cents of 1868, 76
to 76* ;I Italian Five per Cents., 55} to 55f ;
Mexican, 148 to 158 ; Peruvian Five per Cents.,
79 to 798 ; Portuguese Three per Cents of 1867,
368 to 37 ; Russian Five per Cent. Orel and
Vitebsk, 82 to 821.

The Bonds of the Honduras Loan are 85 to 87
ex coupon. The Danubian Commission Guaran-
teed Loan, 1 to 1 prem.
The Mortgage Debentures of the Trouville
Asso-
ciation, / to 14 prem.
In the Railway Market business is dull. Cale-
donians are 78/ to 79-1; Great Eastern, 371 to
371; Great Northern, 107 to 108 ; ditto A Stock,
1061 to 1071 ; Great Western, 491 to 421;
Grand Trunk of Canada, 151 to 151; ditto
Fourth Preference, 174 to 17; ; Great Western of
Canada, 141 to 141; London and Brighton, 481
to 49 ; London and North-Western, 1141 to 1154;
London, Chatham, and Dover, 16/ to 17 ; Lanca-
shire and Yorkshire, 1221 to 1231 ; Metropolitan,
102/ to 103 ; Midland, 1161 to 1161 ; North Eas-
tern, Berwick, 102 to 103 ; do. York, 92 to 93 ;
Sheffield, 54.+ to 54/ ; and South Eastern, 76+ 761.
American Five-Twenty Bonds are 831 831;
ditto 1865 issue, at 821 to 821 ; and Ten-Forty
bonds, at 73/ to 74 ; Erie Railway Shares, at 24
to 241 ; Illinois Central, at 96/ to 971; Atlantic
and Great Western Debentures, at 32 to 33 ; while
the Consolidated Mortgage Bonds have risen I, to
311 to 31/.

In Bank Shares Chartered Mercantile are 30 to
31 ; Consolidated, ato prem.; London and
County, 50 to 51 ; London Joint-Stock, 32 to 33 ;
London and Westminster, 64 to 65 ; National, 42
to 43 ; ditto of Australasia, 6i to 7 ; Oriental, 43
to 44; Ottoman, 2k to 2} prem. ; Union of Lon-
don, 36 to 37 ; Victoria, 39 to 41.
In Miscellaneous Shares, Hudson's Bay is
higher. Anglo-American 22k to 23! ; Atlantic
Telegraph, 261 to 271; ditto Eight per Cent. Pre-
ferential, 3i to 3:I ; Credit Foncier, 2 11-16 to
2 13-16.

The sum of £605,000 in gold was withdrawn from
the Bank yesterday to pay for some dollars recently
imported from France.
The India and China mail steamer Syria has taken
out £82,283.

If United States Bonds should continue to be
consigned from New York to the German and other
markets on their present scale it is thought not un-
likely that remittances of specie may before long be
made to America. The present importation seems
to be at the rate of about £2,000,000 sterling per
week.

Complaints are made of irregularities and delays
in the Continental mails via Ostend. As it would
be undesirable for our means of communication
with Germany to be limited to the single route
by Calais, it is hoped by the leading mercantile
houses that our postal authorities will place them-
selves in communication with the Belgian Govern-
ment with the view of some remedy being devised.
The South Eastern Railway traffic return shows
this week a decrease of £193 compared with the
corresponding period of last year, and the Brighton
a decrease of £1,749.
The traffic return of the Great Western Railway
of Canada for the week ending the 19th inst. shows
an increase of £663 over last year.
At a meeting of the shareholders of the.Bauk of
Australasia a dividend and bonus, at the rate to
gether of 10 per cent. per annum, free of income
tax, were declared.

At the meeting of the proprietors of the National
Bank of India (Limited) a dividend was declared
for the half year at the rate of 6 per cent. per annum,
making a total distribution of 7 per cent. for the
year 1868.

Tho annual meeting of the Oriental Bank Cor-
poration will be held on the 22d of April.
The ordinary general meeting of the Home and
Colonial Marine Insurance Company is called for
the 31st inst., when a dividend will be declared.
A general meeting of the East India Land Credit
and Finance Company (Limited) is convened for
the 31st inst., "to receive the report of the direc-
tors and for other purposes."
The report of the Rio de Janeiro City Improve-
ment Company (Limited) has been issued. It
states that the existing rate of exchange will not
permit the directors to recommend a dividend for
the past six months , exceeding 5 per cent per an-
num, the same as the interim dividend paid in
October last.

With reference to the failure of Messrs. Hunter,
Finlay, and Co., calico printers, of Glasgow, fur-
ther advices state that a composition of 12s. 6d. in
the pound has been offered on the trade debts.
The consignment account debts are now estimated
at £lOO,OOO.

A police notice offers a reward for the apprehen-
sion of Samuel John Shrubb, manager and secre-
tary of the Hercules Insurance Company (Limited),
who is charged with " publishing a false prospectus
of the said company, with intent to defraud the
members thereof."

The following relates to the desirableness and
practicability of some compromise to rescue the
London, Chatham, and Dover Railway from the
hands of the 16 legal firms now contending over
it:—

"The Credit Foncier of England (Limited), Clement's-

lane, March 22, 1869.

"Sir,—l beg to be allowed to state, in reply to the letter
of 'A. B.' in the Times of to-day, that the Credit Fonder
of England holds upwards of £200,000 of the debentures
of the London, Chatham, and Dover Railway Company, and
that the Credit Foncier believes that it would be to the ad-
vantage of all the interested parties to stop litigation, and
come to an amicable adjustment of their various claims
by a general compromise. Of course this can only be done
by each party consenting to give up a portion of what it
conceives to be its rights, and I am glad of the oppor-
tunity of declaring that the directors of the Credit Fon-
cier are prepared to enter upon the consideration of a
general settlement upon this basis, and, indeed, to set
the example of moderation by offering considerable con-
cessions in the outset.—Your obedient servant,

" F. MowATr, Chairman of the Credit Foncier
of England."

BILITIS It FUNDS-TWO O'CLOCK

GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account,
3 per Cent. Reduced 9li i
No A, 3 per Cent
New 21- per Cent. Jan. 1894
Do. 5 per Con Jsn . 187 3
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for 3u yrs, aspire sth April 1885 —
Do (Red Sea Telehraph). Aug., 1908 —
Exchoquor Bills, £l,OOO, 2; per Ct.
Do £500
Do. £lOO a £2OO ... par
Bank of Enghnd Stock,4i per Ceut —
Da. account
Canada 4 per Cent. Bonds —
Inter-Celonial Otani= —

INDIAN GOVERNMENT SECURITLEt,
India stock, 10k per Cent., April 1874 210
Do. Opening, for Account
Do. 5 per Cent. July, 180
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enfaced Pape. 4 per Cent
Do. 5 per Cast., Jan. 1872