The Sun.
London, England, 1869-04-07 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Consols are 93 k for money; ditto, for Ac-
count, 93 ; Three per Cent. Reduced, 911 g ;
New Three per Cents, 91i i ; ditto 2f per Cent.,
Jan., 1894, 741 ; Exchequer Bills £l,OOO, ; ditto
£lOO, £2OO, and £5OO, 5; Bank of England Stock,
4 per Cent., 240.

India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 113 ; ditto 4 per
Cent., Oct., 1888, 1004 ; ditto Enfaced Paper, 4
per Cent., 924 ; ditto Debentures, 1034
The announcement from Berlin that Messrs.
Baring have contracted for a new Russian Railway
loan has caused small sales to be made of the older
issues, and there is a decline of 1 in Nicolas Four per
Cent. Stock at 661, and 1 in Orel at 82. The
1862 Government Loan is unaltered at 861;
Moscow, 79i ; and Charkof, 771. Spanish, which
closed s better yesterday upon the announcement
concerning the monarchy, have relapsed -I, to 311,
upon this morning's telegrams. Turkish Five per
Cents, are stronger, at 41}; Chilian, at 951, show
an advance of 1 ; Brazilian, at 801, an advance of
; and Peruvian, at 79, an advance of 4. Italian
are quiet but steady, at 554 554 ; Egpptian stocks
are quiet, and rather dull ; Danubian Guaranteed
are 1 to 1 prem. ; and Honduras, 82 to 83.
Railway shares are quiet, and show a further
downward tendency. A fall of is marked in
Caledonian, at 79/ to 80 ; Great Eastern, 374 to
374 ; Great Western, at 49 to 494, ex div. ; Me-
tropolitan, at 1011 to 102; and Midland, at 1164
to 1164.

United States stocks and shares are dull. The
5-20's are 831 to 831; Erie, 24 to 241 ;
96i to 97 ; Atlantic Bonds, 31 to 32k; and the
Debentures, 32k to 33.
Not much business of importance is doing in
Bank shares, and prices are without movement.
The transactions in miscellaneous securities are
unimportant,.

There were no gold operations at the Bank yes-
terday.

The Moravian, from Melbourne, has brought
£47,552.

With reference to the criminal proceedings
against the directors of Overend, Gurney, and
Co. (Limited), it appears that the whole of the
defendants must lodge their pleas at the Crown-
office by the first day of Easter Term, the 15th
inst. Shortly afterwards an application will be
made to fix a day for the hearing of the trial in the
Court of Queen's Bench, the object being to get
the case disposed of as quickly as possible.
With regard to the rumours which have been in
circulation for some weeks regarding an amalgama-
tion or arrangement between the Great Northern
and Sheffield Companies, we learn that no official
negotiations have taken place on the subject. The
rumours have arisen from the fact that certain large
shareholders are agitating to bring about such an
arrangement, on the ground that it is both natural
and desirable.

The Manchester Examiner reports the failure of
Messrs. Passmore, Smith, and Co., of Bombay.
Their liabilities in this country are believed to be
inconsiderable.

The Crown Agents for the Colonies will receive
tenders on 'Thursday for bills of exchange on the
Government of Ceylon to the amount of £25,000.
The Metropolitan Railway traffic return shows
this week an increase of £3,078 over last year.
At the meeting of the Credit Foncier of Eng-
land (Limited) a resolution was passed in favour
of the issue of £200,000 of Eight per Cent. De-
bentures, repayable, with a bonus of 10 per cent.,
in quarterly drawings of £40,000, the first to take
place in May.

At public sale at the Open Stock Exchange
Yesterday, Alhambra Company (Limited), £lO
fully paid, sold at £9 6s. to £9 7s. per share ;
Guildhall Taverns Company (Limited), £lO fully
paid 50s. ; London Necropolis Company, £lO fully
paid, £2 15s. ; London, Chatham, and Dover Rail-
way, Interest 'Warrant, £6 due Ist January, 1869,
108. per coupon.

A serious loss to the Underwriters has been tele-
graphed from Calcutta, namely, of the iron ship
Indian Empire, 1,515 tons, ho.rieward bound from
Calcutta. It is reported t) have occurred iu the
river llooghly on the 3d inst.

The subscription list for the 6 per cent. Guate-
mala Loan was closed yesterday, and the applica-
tions reached nearly double the amount proposed.
The closing quotation was premium.
A monthly statement of the Austrian nationa
floating debt is now published by the Committee of
the Reichsrathl

In the Frankfort correspondence on Saturday
reference was made to a " new issue of GOO,OOO
preference shares of the Lombard Railway reported
from Paris," but advices from the latter city state
that no such issue is contemplated, and moreover
that it is believed that no financial measure will
be adopted till the meeting of the shareholders on
the 28th inst.

The statement that Senor Olozaga will go to
Lisbon "to offer the Crown of Spain to the ex-
King Ferdinand" has produced scarcely any effect
on Spanish stock. Neither in political nor commer-
cial quarters has anything yet been allowed to
transpire here on the subject, and it should prove
that negociAtions have been carried on successfully,
an almost unprecedented amount of discretion must
have been exercised for the preservation of secrecy.
Bonds are now at 311 to I.
A further communication has been received, in
which it is still contended that, making all allow-
ances for contingenciep, &c., the results of the re-
venue account of the Atlantic Telegraph Company
should be very different as regards the old Atlantic
shareholders from that indicated in the recent
speech of the chairman. The point, however, is
one on which those who have access to the books
can alone speak with authority.
The Anglo-Austrian Bank notify that they are
prepared to exchange the scrip certificates of the
Royal Privileged Hungarian North-east Railway
Company against shares with coupons, payable
January and July, and the interest at 5 per cent.
per annum to 31st December, 1868, will at the same
time be paid thereon.

BRITISH FUNDS—
CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols ........
Ditto for Account 93 i
3 per Cent. Reduced .... . 93
New 3 per Cent 9ll I
91i 1
New 2k per Cent. Jan. 1894 741 -
Do. per Oen Jan. 1873 ......
Annuities, 80 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April 1885 _...
Do (Red Sea Televaph), Aug., 1908 _
Exchequer Bills, £l,OOO, 2} per Ct.
Do £5OO
Do. £lOO & £2OO 5
Bank of England Stock, 41 per Cent
De. opening —
Canada 4 per Cent. Bonds —
Inter-Colonial Omnium
INDIAN GOVERNMENT SECURITIES
India stock 10} per Cent., April 1874 —
Do. Opening, for Account - -
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1883
Do. Certificates —
Do. Enfaced Pape.'4 per C5nt...~.
Do. 5 per Cent., Jan. 1872 .....3... —
Do. 5} per Cent. May 1879 —
Do 5 per Cent., Rup. Deb. 1872 —
Do do 1877 —
Do. do. 1882
DJ. Deb., 5 per Cent., Aug. 1873 ~ lO3l
Do. Bonds, 4 per Cent., .£l,OOO
Do. under .El.OOO

FOREIGN FIINDS—CLOSING PRICES:
Ar4entine Republic, 6 per Cent
Do., Scrip £45 paid ..
Austrian Bonds 5 per cent ..
o. 1859 _
Brazilian D 5 per Cent —
Da. 4i per Cent. 1852
Do. do. 1861...... —
Du. do., 1863
Do. 5 per Cent., 1865
+)o+)oAccount . 80}
B p..er....Cent SUi
I..enos Ayres i
CDu 2 per Cent. (Deferred 3 per Cent )
üba., 6 per Cent. ()alien 6 per Cent ..
............... ..
Du. 41 per C0nt..... ......... ~.
Do. 3 per Cent., ...

00000000000000
6 per cent. 1867..... 0000000
C11)o. 7 per Cent., 1866 .................... 951 ...................
Dtembian, 6 per Cent.
........... ........
an-rgn, 3 pm- Cent., 1825.. ...... ............
Danubian Principalities, 7 I.er Cent...... 76 2.
Du 8 per Cont., 1867 ................Bt3