The Sun.
London, England, 1869-03-04 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocr.
Consols are 92i f 3 for money ; ditto, for Ac-
count, —; Three ,per Cent. Reduced, 911 ;
New Three per Cents, 911 1.
India Stock, 101 per Cent., April, 1874, 211 ;
ditto 5 per Cent., July, 1880, 1121 ; ditto 4 per
Cent., Oct., 1888, 100 x.d. ; ditto Debentures,
1041; ditto Bonds under£l,ooo, 19 prem.
Foreign stocks are good, with the exception
of Turkish Five per Cents. of 1865, and Greek
Bonds, which show a reduction of acd 1
l'eapectively. Peruvian Five per Cents., on the
other baud, have risen 1, and Italian 14'ive per
Cents. of 1861 1. The quotations are :—ltalian,
54 57 ; Greek, 114 121 ; Mevican, 151 to 151 ;
rTurkish Five per Cents., 411 411 ; New Spanish
Three per Cents., 321 32 ; Peruvian Five per
„Cents., 81 81f ; and Honduras Railway Loan,
85 87.

The New Turkish Loan is quoted at 1 to 1i
Prem.

In railways, Caledonian are 3 lower, Great
Northern 3, Great Northern A 3, Metropolitan 3,
and South Eastern 3. On the other hand, Shef-
field are 1 better, Brighton 3, North Western and
north Eastern 3. The quotations are :—Cale-
donian, 763 73 ; Great Western, 483 3 ; Great
Eastern 373 3 ; Great Northern, 107 8 ; ditto
3 ;
A, 104 5 ; Lancashire, 124 3 ; Metropolitan,
106
ditto Extension, 105 6 ; Midland, 115 16 ;
Sheffield, 53 I ; Brighton, 503 ; North British,
881 ; Nortl Western, 1143 ; North Eastern
(Berwick), 023. 33 ; South Eastern, 751 63 ;
Chatham and Dover, 163 17.
United States Bonds are much firmer, the Five-
Twenties and Bonds of 1885 showing a rise of 3,
at 813 82, and 808 80k respectively. The Bonds of
1885 are also better, at 733 733 ; Illinois Central
Stock has receded 3, to 963 973, and Eries remain
At 243 25.
Atlantic Telegraph Original Stock has
_given
!ay 3, to 333 343 ; the Eight per Cent. Preference
Shares have receded 3, to 4 41 ; and Anglo-Ame-
rican Telegraph Shares are unaltered, at 223 223
the sum of of £93,000 in gold was withdrawn
from the Bank yesterday, making a tutal of
£267,000 during the week since the date of the last
return.

The Martha Bernie, from Sydney, has brought
£41,500, and the Lagos, from Africa, £12,450.
A moderate amount of Mexican dollars, includ-
ing those brought by the West India packet, has
been disposed of at 592 d., being an increase of id.
upon the last rate. Bar silver is flat, the demand
for India having for the moment subsided.
A call of £5 per share, representing £500,000, is
PaYable at the Bank of England on Monday by the
Unfortunate shareholders in Overend, Gurney, and
Company.
The annual Court of Proprietors of the Canada
°lnPany is convened for the 31st inst.
A general meeting of the Varna Railway Cora-
Nny is called for the 31st inst.
With reference to the General Exchange Bank
(Limited), which is now winding up in Chancery, a
circular has been issued by the committee of credi-
tors and shareholders in conjunction with the liqui-
dators, proposing to pay the creditors, with the
dividends already declared, 193. in the pound at
once, in full discharge of their debt. The committee
recommend the acceptance of the offer.
, The prospectus of the expected new Turkish
Societe Generale of Paris have authorised Messrs.
C•
Devaux and Co. to receive applications iu Lon-
don for the Treasury Bonds of the Imperial Otto-
-41 au Government, the prospectus of which is
leaned. The amount is 62,000,000 f., or about
2,480,000 sterling, to be issued in London, Paris,
Constantinople, and Amsterdam, at 83 per cent.
The bonds will be for 500 f. (£l9 16s. 10d.) 2,500 f.
(99 4a• Id.), and 12,500 f. (£496 Os. Bd.) being
calculated at the rate of 25f. 20c. to the
sterling, for issue and repayment, bearing
Interest at 6 per cent. per annum, from
31st October, 1868, and redeemable in equal pro-
Portions at par, in francs or sterling, at such fixed
rates and at the following dates, viz.:-15,500,000 f.,
or about £620,000, on the 30th April, 1872 ;
15,500,000 f., or about £620,000, on the 31st Oc-
tober, 1872 ; 15,500,000 f., or about £620,000, on
the 30th April, 1873 ; £15,500,000f., or about
£620,000, on the 31st October, 1873. The bonds,
taking into account the periods for repayment, are
calculated to give a return (as near as may he) of
12i per cent. per annum. By convention the
following annual revenues :-1. Tne yearly tithes
of the villayet du Danube, amounting to about
975,000 Turkish livres. 21. The yearly tithes of the
Villayet d' Adrianople, amounting to about 715,000
Turkish livres. 3d. The yearly tithes of the
villayet de Salonique, amounting to about 480,000
Turkish livres. 4th. The sheep tax of Anatolia,
amounting to about 510,000 Turkish livres—total,
2,680,000 Turkish livres (or about £2,412,000 ster-
ling), are appropriated, during the period of five
Years from the 31st day of October, 1868, to the
payment half-yearly of the principal and interest
of the whole of the bonds to the extent of
17,592,077 francs (or about £700,000) being a sum
equal in amount to the principal and interest pay•
able half-yearly ; and the convention provides for
she Payment direct of the revenues so appropriated
to the parties to the said convention. The conven-
lion also provides that iu case of the revenues
/30 appropriated being insufficient the Im-
perial Ottoman Government will make good
e necessary sum five days at latest previous to
e:11 half-yearly payment becoming due. The terms
Payment are—on application, £lO per cent. on
nominal amount of bonds applied for ; on allot-
lent, £2O ; on Ist April, 1869, £2O ; on Ist May,
°69, £32 6s. 10d. ; total, £B2 6s. 10d. ; less inte-
rest.... (free of income tax) due on 30th April, 1869,
714 ch will be deducted from the instalment due
the Ist May next, £3—£79 6s. 10d. The sub-
eriAtion
an list will close on Saturday at two o'clock.

BRITISH FUNDS—CLOSING PRICES.
UOTERNALENT FUNDS.
a Per Cent. Consols
. Ditto for Account,
;I Per Cent. Reduced 9ll 1 x d
ke't 3
2 per Cent
-'I.IY 1 per Cent. Jan. 1894
A 4"•• 5 per Can J au.1873 .. —
—ll4nities, SO 'yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885 —
t,PF, (Red Sea Telegraph), Aug., 1908 —
'euequar Bills, £l,OOO, 21 per Ct.
Do,
Do £5OO
b
£lOO at £2OO —
I,llk. .of England Stock. 4 per Cent
Canada
account
Ater-Col
4 per Cent. Bends —
Ater-Colonial Umnium
/,,,,,INDIAN UOVEUNMENT ISECURITIzs
..,4t toelr, 10k per Cent., April 1874 2ll
+Jo. Opening, for Account
13°. 5 pier Cent..luly, 1860
r 1
1
,0. 4 per Cent., Oct. 1888
'Jo. Certificates
O. Effaced Pape. 4 per Cent —
DO. 6 per Cent., Jan. 1e72
c)• 61. per ()Ant. May 1879 —
J siper Cent., Rup. Deb. 1872
Do do 1877 —
„ Do. do. 1882 —
4',4• Deb., 5 per Cent., Aug. 1873
Uo . Bonds, 4 per Cent., £l,OOO
S. under £l.000
POREIN FTJNDS—C LOSING PR 1
1C
ArEentitie RepuGblic, 8 per Cent ...
..1.45 paid ..
""trian Bonds 15 per cent .. —
4rtzilian Do. 1859 66 }
per Ce
3. q p
Cent.nt 1852 —pe r •0. do. 18L:i8
°. do. 166'. •
ii°• do., 181,3 —
0
, 0A 0- 5 per Cent , 1865
isccount .
ZI-I°B 80k 11
Ayres 6 per Cont.
ek,;) 2 A
Per Cont. (Deferred 3 per Cent —
(3 $ 6 Per
...1 .
Do.
6 per Cent —
ilboo: 436kpp.,erroCeenntt...,.... ........ .........
DO
~
• per ce-t. 1867 —
13 1' 7 Per Cent, 1866
e. a. utnab, 6 per Cent.
144 811. 3 per Cent, 1825
i.biart Principalities, 7 ler Cent 771
.ur. 8 per Cent., 1867 ... 7,lluatior New Consolidated, 1 per Cent
1,71)81.an, 7 per Cent.....
s-1. P'ecoad Issue
•.
tio• £sot, Bonds
"0• 410 Bonds
I • ~. 83