The Sun.
London, England, 1869-04-20 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY TWA. L 1 LitY,l,lie -
Consols are 92 3 for money; ditto, for Ac-
count, ; Three per Cent. Reduced, 918 ;
New Three per Cents, 911 ; ditto Red Sea Tele-
graph, Aug. 1908, 20 ; Exchequer 8i11521,000, —;
Bank of England Stock, 4 per Cent., 241.
India Stock, 10} per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 114 ; ditto 4 per
Cent., Oct., 1888, ; ditto Enfaced Paper, 5 per
Cent., Jan., 1872, 1051.
The Foreign Market is rising. There is an ad-
vance upon last night's close of in Egyptian
(1864), the Railway Debentures and the Nine per
Cent. Bonds; of 3in the Tobacco Loan, and in
Charkof of Portuguese.

English Railway Shares are dull, with one or
two exceptions. Midland, however, shows a fur-
ther recovery of *, being dealt in at 114; to 115 i.
In Telegraph Shares the only movement is an
improvement of in Anglo-American, which is
quoted at 22i to 22i.
Bank Shares are quiet. Agra (A) is steady at
10} to 11 ex div. ; Alliance, 14 to 15 ; Anglo-
Austrian, 17 to 18 prem. ; Chartered Mercantile,
29 to 30 ; London and Mercantile, 63 to 64.
There were no gold operations at the Bank yes-
terday.

The Portuguese Loan for a net sum of 4 mil-
lions sterling, concluded by Messrs. Fruhling and
Goschen, caunot be introduced before the begin-
ning of next month, as the Cortes, whose sanction is
required, do not meet uutil the 26th instant. It
seems to be expected that this Loan will be in
Six per Cents. Messrs. Fruhling and Goschen
are stated to have pursued the honourable course
of stipulating for a settlement of the claims of
the bondholders of the South-Eastern, of Portu-
gal Railway as an essential condition of the trans-
action.

The letters from Frankfort state that a reaction
seems now to have fairly set in at Vienna, where
the premiums on all the extravagant undertakings
of the past few months are fast disappearing. At
Frankfort, however, there is still a plethora of
money, and United States Bonds have been again
in demand. At the liquidation last week all kinds
of stock were carried overat the rate of 3f per cent.,
while on Austrian-French railway shares specula-
tors for the fall had to pay a bonus. The new
Spanish Loan has
ceived. been thus far favourably Some new new banks
are projected in Frank-
fort in connexion with similar ones at Vienna and
ies at Berlinß on the Alobilier principle. The bank autho-
riterlin have resolved -to admit henceforth
for discount bills made payable at the office of
partiesTh sototheekr tEhaxnebtahnegae cceptor.Committee have appointed
a Special settling day in
Thursday, the 22d inst.,
the scrip of the Five per Cent. Debentures of the
Victorian (Australia)
Railway Loan. The consi-
deration for an application for official quotation is deferred. The committee have orderedthe(shimarietsedi
the Anglo-Argentine Alining Company Limited
to be marked in the list.
The Brighton Railway traffic return shows this
week a decrease of £3,407, compared with the
corresponding week of last year, which was
Easter week ; and the South Eastern a decrease of
£665.

The traffic return of the Great Western Railwa3
of Canada for the week ending the 16th instant
shows an increase of £751 over last year.
The sixth annual general meeting of the share-
holders of the Imperial Ottoman Bank will be held
in London on the 23d of June.

The report of the directors of the Bahia Gas
Company (Limited) to be presented at the half-
yearly meeting on the 27th inst., recommends
dividends of 10 per cent. •per annum on the prefer-
ence, and 3 Per cent. per annum on the ordinary