The Sun.
London, England, 1869-01-05 00:00:00

N E

MARKET

A ND
COMMERCIAL INTELIAGE,N(It

CITY, Two O'CLOCK.
The business had a downward tendency, Consols
declining about 1 compared with the prices of yes-
terday. The dulness extended to the foreign mar-
ket, but an effort was there made to maintain the
advance that was secured yesterdoy ; but banking
and miscellaneous shares were quite neglected.
Consols are 921 1 1 for money ; ditto, for Ac-
count, 92 ; Three per Cent. Reduced, 921 11 ;
New Tree per Cents, 921 1.
India Stock, 101 per Cent., April, 1874, shut;
ditto 5 per Cent., July, 1880, 1121; litto 4 per
Cent., Oct., 1888, 102; ; ditto Enfaced Paper 51
per Cent., May, 1879, 1091 ; ditto Bonds £l,OOO,
20 prem.
In the Foreign Market there is a decline of
1 to 1 per cent. in Turkish of 1862 and 1865, and a
rise of to lin Italian of 1861 and Orel-Vitebsk.
Prices are as follows :—Brazilian of 1865, 781
to 79 ; Chiliau of 1867, 93 to 94, ex div. ;
Egyptian of 1864, 841 to 85 ; ditto of 1868,
741 to 1 ; Italian of 1861, 541 to 1, ex div.;
ditto Tobacco Loan, 1 to 11 prem., ex div. ; Mexi-
can is 14/ to 151 ; Peruvian of 1865, 761 to 771,
ex all , Russian of 1866, 891 to 901; ditto Nicolni,
651 to 661 ; ditto Orel, 801 to 1 ; ditto Mosco-
Jaroslaw, 781 to 791 ; Spanish of 1867, at 304 to
31 ex div. ; Turkish of 1858, 631 to 641 ; ditto of
1862, 621 to 631 ; ditto of 1865, 401 to 40/.
In railway shares Great Western, Midland,
Brighton, South Eastern, and Caledonian stocks
have declined 1 to 1 per cent. London and North-
Western are 112/ 113/ ; Great 'Western, 481 1,
Midland, 1131 114 ; London and South-Western,
171, 881 ; Great Eastern 40/ 41 ; Brighton, 50
to 1; South Eastern, 791 80 ; Metropolitan, 105/
1061 ; Great Northern, 1051 1061 ; ditto A,
1071 1081 ; Caledonian, 761 1 ; and Loudon,
Chatham and Dover, 17 1.
American Five-Twenty Bonds are 741 ; Erie
Railway shares, 251 to 26 ; Illinois Central, 951
to 96 ; Atlantic and Great Western Debentures,
42 to 1 ; and the Consolidated Mortgage Bonds,
444 to 1.
In Bank Shares Anglo-Austrian are inquired for,
at 10 to 11 p'rem. Amperial Ottoman, 1 to 11
prem. ; City 111 to 121 ; Imperial, 17/ to 181 ;
London and County, 491 to 501 ; London and
Westminster, 65j to 661 ; and Union of London,
371 to 381.
In Miscellaneous Shares there is little doing.
National Discount, 11/ to 121 ; General Credit,
21 to 1 dis. ; International, 11 to lf dis. ; Hudson's
Bay, 131 to ;4-1 ; Telegraph Ccnstruction 161 to 1
Atlantic Telegraph Eight per Cent. Preference,
31 to 1 ; and Anglo-American, 214 to 21i-.
To-day Sir S. Northcote was elected governor of
the Liu son's Bay Company.
About £51,000 in bar gold has been sent into the
Bank.

The steamer Bangalore has taken £158,000 in
specie for the East. The Main, from New York,
has brought £66,000 for Loudon and Bremen.
The 4th of the month passed off well. There
were no serious failures, and the aspect of affairs,
viewed as a whole, was not unfavourable. In a
few days a large amount in the form of dividends
will be set free, probably not less than seven millions
sterling.
A statement has been in general circulation that
the General Credit Company, having been unable
to obtain an answer to the bill they had filed
against the London, Chatham, and Dover Rail-
way Company, nearly two years ago, had deter-
mined to take the extreme step of " sequestrating
the property" of the railway company, and issuing
a writ of distringas. There is obviously some mis-
take in the announcement, as by the " London,
Chatham, and Dover Railway (Arrangement) Act,
1867," all actions, suits, executions, attachments, or
other proceedings against the company, or affec-
ing its property, were to be stayed during ten
years.

The private letters from Venezuela speak of the
disposition exhibited by the present parties in power
at Caraccas to make some honourable arrangement
for the debt. The means at their command are
considered somewhat large, if the proceeds of the
Customs revenue shall be vigorously administered.
With peace and prosperity the authorities should
be able to sag:4y the bondholders of 1862 and 1864,
and place their credit on a much firmer basis than
it has been for years past.
Messrs. L. P. Morton and Co. notify that Mr.
Geo. Bliss (of the late firm of Geo. Bliss and Co.)
has joined their New York and London firm, which
will be continued under the style of Morton, Bliss,
and Co., of New York ; and L. P. Morton, Burns,
and Co., of London. Mr. George Milne, of Lon-
don, remains a partner in the London house.
The Brighton Railway traffic return shows this
week an increase of £1,068 over the corresponding
week of last year. The South Eastern Company's
return shows an increase of £833.
The traffic return of the Great Western Railway
of Canada, for the week ending the Ist inst., shows
an increase of £2,112 over last year.
The London Joint Stock Bank directors have
decided upon opening a branch in St. John-street,
Smithfield.

The London and County Bank have commenced
business at their new branch in Aldersgate-street,
adjoining the Metropolitan Railway station, and
near to the Smithfield Market.
A statement from America, that Mr. Vanderbilt
has offered to lease the Great Western Railway of
Canada, is said to be unfounded.
The half-yearly meeting of the Victoria Station
and Pimlico Railway Company is convened for the
18th inst.

A special general meeting of the Nerbudda
Coal and Iron Company (Limited) is called for
the 14th instant, to authorise a subdivision of the
present shares of the company into shares of £1
each.

The ordinary 'general meeting of the Westmin-
ster Brewery Company (Limited) will be held on
the 14th inst., when a dividend will be declared.
Although the hop market has not been altogether
active, yet there has been a fair amount of business
transacted in fine descriptions, while secondary qua-
lities have met with more attention, The importa-
tion of Bavarian and American hops has been again
considerable ; from various ports we have received
during the past week 3,825 bales, against 2,333
bales the week previous ; fine samples bring late
rates. In consequence of the rise in the price of
barley at the principal country markets, holders of
malt are firm in their demand.
Messrs. Browne and Eagle, the public wool ware-
house keepers, give the following particul
the importation of colonial and foreign wool is ntoof Great Britain in 1868 and previous years. The
total quantity received last year from the colonies
was 633,512 bales 9 bales in Year
541,655 bales in 1867,
455,64 1866, 432,975 bales in 1865,
375,881 bales in 1864,
Comparing 1868 with 186 and
3 'there has been an in-
-310,633 bales in 1863.
crease of more than 100 per cent, in the total im-
port of wool, the heaviest relative augmentation
being in New Zealand descriptions. The receipts
of foreign wool, including goat and alpaca, into the
ports of London, Liverpool, Hull, and Grimsby
1868 amounted to 236,233 bales against 257 in
,197
in 1867.

BRITISH FUNDS—CLOSING PRICES.
UOVERNMEXT FUNDS.;
I i
8 per Cent. Consols
921- xd
Ditto fur Account,
I
3 per Cent. Reduced 921 i
Now 3 per Cent
Now 2} per Cont. Jan. 1894 i
921 -‘
Do. i per Cent. Jan. 1873
A tnuitiesl 80 yrs, expire sth Jan., 18b1, —
Do. for 30 yre, expire sth April 1885 —
Do (Red Sea Televaph), Aug., 1903 —
Exchequer Bills, .ti.ot,o, 2 per et - Pin
De.
.£5OO
Beak of En k, .£2
Du.
£l3O .00
Do, a
gland Stock, 4 per Cent
ccouit
Canada 4 per Cent Bonds ...................
Inter-Colonial Oninnun
INbiAN ,3ovlinNidENT bLcuniTihe,
Inlia tock, 101 per Cent., April 1874 Shut
Do. Opening, for Account
Do. b per Cent. .July, 1830
DDo. 4 pQ• Cent., Oct. 1888
o. Certificates