The Sun.
London, England, 1869-11-16 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CI LY, Two O'CLOCK.
Business to-day on the Stock Excha• go, not-
withstanding the improved state of the weather, has
been very dull ; there" are plenty of sellers, but
buyers act with the greatest caution. In Telegraph
shares Construction and Maintenance are very flat,
upon its becoming known that the Meet in the
French cable is sufficiently important for a deposit
of £20,003 in securities to have been required to be
made by the Construction Company for repairing it
if called upon to do so within two years.
Consols are now at 931 to 93- for money;
iitto, for Account, 93:1 ; Three per Cent. Re-
duced, 92 1 ; New I:!,,ree per Cents, 92 ;
Exchequer Bills £l,OOO, March, 5 prem. ; June,
9 prem. ; ditto £lOO, £2OO, and £5OO, March,
; June, prem. ; Bank of England Stock,
41 per Cent., 239.
In Bank Shares the principal quotations are as
follows :—London and Westminster are 581 to
59i ; London and County, 48 to 49 ; imperial
Ottoman, to 21 prem. ; Imperial, 161 to 17 ;
Loudon Joint-Stock, 32 to 33 ; Union of London,
37 to 38 ; Consolidated, 41 to 41 ; Chartered Mer-
cantile, 32 to 33 ; and Anglo-Austrian, Bs. to
10s. premium
India Stock, 101 per Cent., April, 1874, 212 ;
ditto 5 per Cent., July, 1880, 115 1; ditto 4
per Cent., Oct., 1888, 1001 ; ditto Enfaeed Paper,
4 per Cent., —.
In the Foreign Market, Turkish Five per Cents.
431 to 431, the Six per Cents. 671 to 661, the
former being 1 lower than last night, and the
• latte 1. Spanish are 1 lower, at 261. Peruvian
are also lower 1 per cent., at 831. Italian are 521
to 53. Egyptian 1868 Loan is 771 to 771.
In Railways there is a recovery since the open-
ing of 1 per cent. in Metropolitan, which is now 83
to 83i. Great Western have fallen 1, the present
price being 541 to 551. South Eastern, Midland,
Chatham, Bright°, Lancashire and Yorkshire, and
Caledonian have declined. Great Northern are

higher. The principal prices are :—Caledonian,
791 to 80 ex div. ; Great Eastern, 361 to 361 ;
Great Northern, 107 to 108 ; ditto (A), 107 to
108 Lancashire and Yorkshire, 125 to 12M; Lon-
don and Brighton, 431 to 44i; London, Chatham,
and Dover, 16 to 161 ; London and North
Weatorn, 1181 to 1194- ; London and South-
Western, 891 to 901; Midland, 117 k to 118 ;
Noith-Eastern, Berwick, 118 to 1181 ; and South
Eastern, 76/ to 771. Great Western of Canada,
151 to 15i ex div. ; and Grond Trunk at 15/
to 16i.

Lombardo- Venetian are steady at 191 to 19/ ; and
Great Luxembourg, 12 to 121.
Telegraph Construction and Maintenance is
lower, at 32 to 321. Anglo-American Telegraph
remains steady, at 20 to 201 ; French Atlantic
Cable, 161 to 161.
American Five-Twenty Bonds are 831 to 83i ;
Elio Shares, 20 to 201 ; and Illinois, 981 to 92:51.
In Miscellaneous Securities prices are scarcely
so firm.

Hudson's Bay, 131 to 133 ; National Diieount,
11 to 11} ; General Credit, 1k to 1 dis. ; and In-
ternational Finance, 2to dis.
There were no gold operations at the Bank yes-
terday.
The Rhine, from New York, has brought £39,599;
the Allemania, £240 ; and the City of Baltimore,
from Halifax, £740. The Flamsteed, at Liverpool
from Brazil and the River Plate, has £24,000.
The specie remittances from New York to Europe
are still unusually moderate, owing to the supplies
of grain, together with the amount of United States
Bonds constantly forwarded. The total of gold
shipped this year has been only £5,850,000, against
£13,600,000 in the same period of 1868.
The Brazilian Chambers have been prorogued

without the Bill for an additional guarantee to the
Pernumbuco Railway having been finally con-
firmed. It is believed, however, that immediately
on the re-assembling of the Parliament it will be
adopted.

b c report of the Chartered Mercantile Bank of
India, London, and China recommends an interim
dividend of 4 per cent.
Intelligence has been received of the total loss of
the Royal Standard on a sand bank near St.
Thomas, on the coast of Brazil. She left Gravesend
on the 12th of August last for Melbourne, under the
command of a Captain Clarke. Part of the crew
were missing, and eight ladies (passengers) were
known to have been drowned, while nothing what-
ever had been saved from the wreck. The ladies
drowned were Mrs. llumett and five daughters,
Mrs. Lawrence, and Miss Stoddard. Capt. Clarke,
his wife and child, and 21 passengers and crew were
taken off the wreck by a Brazilian brig.
The number of messages through the French
Atlantic Telegraph during the week ended the
13th inst. was 906, the cable charge thereon being
£2,205, showing an increase of £277 on the pre-
ceding week.
The suspension has been announced of Messrs.
James Walker and Co., of Leeds, " in consequence
of the depression of trade and depreciation in
stock."

Berger Spence and Co.'s report says :—" The
vitality displayed in the chemical market of late
shows no signs of abatement, and prices are very
firm ; the alkali trade shares to some extent in the
increased business, though prices are not remunera-
tive. In minerals somewhat more activity has been
felt, and values in a few instances have advanced.
In the metal market a considerable trade has been
done in pig iron, and prices during the week ad-
vanced, but have closed weaker. All other metals
are stationary, with a moderate demand, excepting
tin, in which a reduction has taken place."

The advises from St. Petersburgh and Vienna
still speak of the excess of speculative engagements
In those cities. It is quite certain that the recent
advance in the Bank rate of discount at St. Peters-
burgh has been occasioned through this business,
and that till affairs become in a more settled situa-
tion there will be no permanent reduction in the
value of money. At Vienna there is now less ex-
citement, and the effects of the recent operations
are gradually wearing off. With the end of the
sear every prospect exists of a healthier state of
things.
There is a report current that the Chancellor of
she Exchequer will be able to arrange the money
necessary for the purchase of the telegraphs without
appealing to the general market. If this should in
reality prove the case the effect must be encourag-
ing, and the tendency in the rates of discount will
again be towards decline. The operators would be
glad to be definitively informed on the subject,
since this is one of the causes influencing the prices
of Government Securities.

MUFTIS II FUNDS—TWO O'CLOCK.
, GOVERNMENT FUNDS.;
' Per Cent. Consols
is Ditto for Account, Dec 1 93}
14 Per Cent. Reduced 92 i
New 3 per Cent
ejr 2} per Cent. Jan. 1894
A 1,0.5 per Cen J snAB7 3 —
'lllluities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
E Do (Red Sea Telet,,raph), Aug., 1908 —
Ichequer Bills, £l,OOO, 21 p. Ct. March
Do. 3 do. June 4
Bank
£lOO, £2OO Jr £5OO 5 pm
0.-aoofpeEnnignlgand Stock, 41 per Cent
1 "ada 4 per Cent. Bonds
titer-Colonial Omnium
/„., INDIAN GOVERNMENT SECUItIIIES.
'it▪
t tock, 101 per Cent., April 1874 213
DO. Opening, for Account —
DO. 5 por Cent..fuly, 1880
• 4 per Cent., Oct. 1888
Do. Certificates —
DO. Enlaced Papua 4 por °Ant.. .... —
lao. 5 per Cert., Jan. 1872 .... —
D 0•
61- per Cent. May 1879 —
• 5 per Cent., Rup. Deb. 1872 —
•D 0 do 1877 —
.. Do. do. 1882 —
10. Deb., 5 per Cent., Aug. 1873 -
Ur‘O. 130114 4 per Cent., £l,OOO
"0. under .£l.OOO —
FOREIGN FUNDS— TWO O'CLOCK.
Ar 8
"'"Ill , g ntine Republic, 6 per Cent
trian Bends 5 per cent
tr . . Do. 1859 —
azilian 5 C t
De Ai per en
n '.l per Cent. 1852 —
D 0.— do 1858.... ......
°. uu 18GO ... —