The Sun.
London, England, 1869-01-11 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Business to-day partook of the usual dullness,
which has now existed for some time. Consols
maintained their price, but Foreign Securities gave
Way slightly. There was a trifling improvement in
the Railway Market, but it extended to only one
or two of the principal lines. The rate for money
is about 28.
Consols are 92i for money ; ditto, for Ac-
c)unt, 928 ; Three per Cent. Reduced, 93 ; New
Tkree per Cents, 93 s ; Exchequer Bills £l,OOO,
21 per Cent., 3. . .

India Stock, 101 per Cent., April, 1874, 213 ;
ditto 5 per Cent., July, 1880, 114 ; ditto De-
bentures, 5 per Cent., Aug., 1873,104 i ; ditto Bonds
£l,OOO, 18 prem.
In the Foreign Market stocks are flat, and a
• decline of 4 in Mexican Bonds, 3-16 in Italian
Five per Cents., and in Spanish Three per Cents.
has taken place. The quotations are :--Italian,
55i 55i ex div. ; New Spanish, 30 30k ex div. ;
Mexican, 15 154 ; Greek, 112 12 ; Peruvian Five
Per Cents., 75 764; Italian Scrip is about 1
prem., and the last Russian Railway Loan 11, 1
dis.

Egyptian Seven per Cent. Loan of 1868 is 738
74k, and the Honduras Loan is steady at 85 86
ex coupon.
American Five-Twenty Bonds have improved k,
to 75 758 ; the Bonds of 1885 are firm, at 738 73k,
and the Ten-Forty Bonds remain at 718 728.
In the railway market Metropolitati are 1
better. Caledonian have improved s ; Great
Western -k, Midland 1, Sheffield 1, Brighton 11
North Western 1, North Eastern 1, and
South Eastern Y. The quotations are :
Caledonian, 76/, 71 ; Great Western, 474, 81 ;
Great Eastern, 41i k ; Great Northern, IU7 8 ;
ditto A, 107 k 8 ; Lancashire, 128/ 9 ; Metropoli-
tan, 109 1 ; ditto Extension, 104 5 ; Midland, 1131
141 ; Sheffield, 471 a ; Brighton, 491 49k ; North
British, 33 4 ; North Western, 1121 131 ; North
Eastern, 101 2 ; South Eastern, 79k 80 ; Chatham
and Dover, 17 1.
Atlantic and Great Western Railway Deben-
tures are 40/ 411, and the Consolidated Mortgage
Bonds 43i 44. Fries have given way I, to 25/
261, and Illinois Central stock is unchanged, at
96 96k.
Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 94 95.
Anglo-American Telegraph shares are 21; the
Light per Cent. Preference 3 13-16 3 15-16, and
the Original stock 31 32.
In Banking and Miscellaneous Shares there is
nothing doing.
There were no gold operations at the Bank on
Saturday.
The settlement in shares and foreign stocks will
begin on Tut sday (" continuation day") and end
on Thursday.
A telegram from Calcutta on the 7th inst. an-
nounces that the Bank of Bengal (Govern►nent) has
declared a dividend for the half-year ended the 31st
of December last at the rate of 8 per cent. per
annum.

The Imperial Ottoman Bank have notified the
payment of the coupons of the Egyptian Govern-
In ent Seven per Cent. Loan, 1868, due the 15th
instant.

The Suez Canal will be completed and open to
the general navigation of all countries on the Ist of
October this year. The width will then be 100
metres (328 English feet) at the water line, and 22
metres (74 English feet) at the bottom of canal,
with a depth of 8 metres (26 feet English).
A conditional contract has been entered into by
Well-known firms in Paris and London to make an
advance to the Spanish Government, on account of
the balance of the Moorish indemnity (about a
million and a quarter sterling) still due.
A general meeting of the National Discount
Company (Limited), is convened for the 20th inst.,
to receive the directors' report and declare a
dividend.

An extraordinary general meeting of the Brighton
Hotel Company (Limited) is called for the 21st
inst., at the Guildhall Coffeehouse.

Creditors of the China Merchant Insurance Com-
pany and the Bombay Mody Insurance Company
are required to send in their claims to the agents
in Loudon before the 31st March next.

At a meeting of the creditors of Air. John Ing-
ham, manufacturer, of Blackburn, the liabilities
Were estimated at £lO,OOO, and it was resolved to
accept an assignment of the estate.
Messrs. F. B. Smart and W. E. Williams, jun.,
the liquidators of the London and Northern In-
surance Corporation (Limited), have appointed the
14th inst. to settle the list of contributories.
It is understood that the history of the extraor-
dmaTy frauds lately discovered at the Custom-
house of Rio de Janeiro is not likely to be made
Public. Severe measures have been adopted to
prevent similar practices for the future, but the
parties implicated, both at Rio and on this side,
possessed, it is said, sufficient influence to avert
more disagreeable consequences. The results of
the discovery have already proved highly beneficial
to honest houses engaged in the shipping trade to
Brazil.

Advices from Labuan give at length satisfactory
Prospects of the working of the coal mines at that
Vaud. After the break up of the China Steam and
Labuan Coal Company the property was bought for
a small sum by a few men of business in Scotland
and placed under an experienced manager, every
Precaution being taken for the exercise of rigid
economy. The result appears to be that there is
already a steady outturn of coal, and that atten-
tion is being paid at Singapore and elsewhere to
Its valuable peculiarities for steam and gas pur-
p°ses• At the same time the working even on its
Present scale has been brought to yield a surplus
over expenses. The latest accounts confirm the
Impression that the quantity available is practically
inexhaustible.

According to the Railway News another import-
ant step has been effected by the Erie and Atlantic
and Great Western Railways, with a view of se-
curing for themselves the traffic of the West and
South-Western States. This engagement is de-
scribed as the natural complement of the lease
by the Erie of the Atlantic and Great Western,
*which gives an uubroken gauge from New York to
Cincinnati on the Ohio, Cleveland, and Lake Erie,
and to the great oil and coal districts of Pennsyl-
vania. Within the next six months the work will
be completed of connecting the Atlantic and Pacific
coasts by railway, and with a view to this an
agreement has now been made which gives to
the Erie and its ally direct communication with
Chicago and the Mississippi, and extends the
existing continuation for about 600 miles beyond
the terminus of the Atlantic and Great Western,
thus giving to the Erie, under one uniform work-
ing, a complete system of over 2,000 lines. The
line now secured is the Columbus, Chicago, and
Indiana, formerly known as the Chicago and
Great Eastern, and the Columbus and Indiana
Central.

BRITISH FUNDS—TWO O'CLOCK.
a GOVERNMENT FUNDS.,
per Cent. Consols
Ditto for Account,
3 per Cent. Reduced J3
Now 3 per Cent
New 21 per Cent. Jan. 1594 , —
Do. 5 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan., I t'• —I
Do. for 30 yrs:expire sth April 1885 —
Do (lied Sea Telekraph), Aug., 1908 —
Exchequer Bills, .E.l 1 'OO07 2 per Ct 3
Do. £5OO
Do.
£lOO & .£2.00 —
B tali: of England Stock, 4 par Cent
[ln. account
Canada 4 per Cent. Bonds —
Inter-Colonial Ornninin
'''IAN kIOVERNMENT SECUItITIE
India stock, 10f per Cent., April 1574 213
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
n_ 0. 4 pe-. Cent., Oct. 1888
1)o. Certilicates
Do. Enlaced Pape, 4 per Cent —
D 0.5 per Cent., Jan. 1572
5i per Oqnt. May 1579 —
.1-+J 5 per Cent., Rup. Deb. 1872
Do. do. 1577
-
Dcg. Deb., 5 per Cent., Aug. 1873 ...... 1041

;pm

DP Bon-Is, 4 per Cent., £l,000
Do. under £l.OOO '
FOREIGN FUNDS—TWO O'CLOCK.
Ar ;'!'n ;ee I ~pu lyie, 6 per Cent ...
Do., Scrip £45 paid .. .
Au ltri:it, 1, nds 5 per cent
Do. 1859 —
Brxiilian per Cent —
70. 4i per Cent., 1852 -
Do. do. 1858....
Do. do., 1860
Do. do., . 1863 6Bl
Do. 5 per Cent., 1665 ..
+Jo Ac .ount .
B .enos A.yres 6 per Cent.
DJ 2 per Cont. (Deferred 3 per Cent.)
Cu',a, 6 per Cent.
C.ilian 6 per Cent
4i per Cent —
Do. 3 o.‘r Cent.,
I'o. 6 per co t. 1867 —
i o. 7 per Cent., 1866
C 10 :Lbiau, 6 per Cent.
Dan sn. 3 p)r Cent., 1825
Darrihian Principalities, 7 .or Cent —
Do 8 per Cent., 1867 ......... .........
Equador New Consolidated, 1 per Cent
...,,-y ptuvi, 7 per Cent •••
Do Second Issue •• •• BO
'to. ..€5.0. Bonds —
D0...V0L) Bonds .••••
Do. 1804
Do. Account
1/,. £5,10 Bonds
Do. /.106 Bonds 874
English Scrip, 1868
Do do. 415 pd — dis
Government Railway Dei,euture:,
Green 5 per Cont., 1824 5, ex Coups —
Do. Acceunt
Do. Coupon!,

Do. Account
Guatemala. 5 per Cent
Honduras Gov. Rail. Loan., 10p. Ct., all pd 85j
It:titan 5 pet Cert., 1865
Do. Account .

Do Mitremmana Railway —
Mexican 3 per Cent —
Ditto for Account
Dn. 1864 —
Do A per Cent. Anglo-French —
dontevickau G per Cent. .. —
Moorish Imperial 5 per Cent.
New Granada —
Do 3 per Cen —
Do. Deferral
Do Laud Warrants (Hectare-.) I —
Peruvian 5 per Ceut. 1865
Do Account .. 761 5i
Do 4i per Cent. (Uribarren)
Do 4 per Cent.. 1862 • —
Do Account
13,:rtuguese 3 per Ct., 1853, '6, 7,'9,'60,'•,':
Do. do. ' 1867 —

Do. do. Scrip, £2O paid —
Russian 5 per Cent., 1822, £ St
Do 4i per Cent , 1850
Do 4i per Cent., 1860
Do 3 per Cent 1859 ,
--
Do 5 per Cent., 1862
Do. Anglo-Dutch, 1864, £lOO Bonds.. --
Do. du. £B4 15s. do —
Do., 1866, £lOO Bonds 9o}
Do. do £B4 15s. do —
Do Nicolas Railway
Sardinian 5 per Cent
Spanish 3 per Cen
Do. Acc,,unt
Do. 1867
Do. Account 3O
Do. New Deferred
Do. Account
Do. Passive
Do. Corn. Cert. of Coup. not funded
Do. Account
Swedish Provincial Mortgage Loan
Do Government, 1864
Do do, 18:;8
Do do, Scrip Pn-
Turkish 6 per Cent.
Do Account
Do 6 per Cent. 18 i 8
Do Account .. 62
Do £lOO Bonds
Do 6 per Cent., 1862
Do Account
Do £IOC Bonds
Do 5 per Cent. 1865
Di Account
Do G per Cent., 1860 6Ol 1.
Do I per Cent., Guaranteed
Venezuela 3 per Cent.
Do. Acc. ant
Do 6 per Cent. 1864
Do 6 per Cent., 1862 .
Dividends on the above payable in Loud
Austrian o per Cent. Ex 10 Florins
Belgian, 4i per cent., Ex. 25f. ...
Dutch 2* per Cent. Ex. 12 GO.
Do. 4 per Cent. Certificates ....
Do. Account
French Rentes, 3 per Cent., Ex. 25f.
Italia], 5 per Cent. 1831, Ex. 25f.... -
DJ Account
TWA O'CLOCK.
Consuls, Money 921
Do. Account, Feb. 4 921