The Sun.
London, England, 1869-04-14 00:00:00

ONE Y MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The settlement engages most of the attention to-
day. Consols have receded a trifle, but recovery
is fulls looked for to-morrow. The Alabama
question is the cause of the fall. A demand bas
aprung up for foreign loans, and the Hudson Bay
Company shares have improved. The rate of dis-
count in the house is as quoted yesterday.
Consols are 93f f -a for money; ditto, for Ac-
count, —; Three per Cent. Reduced, 918 2 ;
New nree per Cents, 918 2 ; Exchequer Bills
£l,OOO, ; Bank of England Stock, 4 per Cent.,
239 41.

India Stock, 101 per Cent., April, 1874,
ditto 5 per Cent., July, 1880, 1131 14 ; ditto 4 per
Cent., Oct., 1888, 100/ ; ditto Enfaced Paper, 5
per Cent., Jan., 1872, 1051 ; ditto Bonds under
£l,OOO, 15 prem.
In the Railway Market London and North Wes-
tern and Great Eastern have fallen 1 to 1 per cent.,
but Brighton, Metropolitan, and Caledonian have
improved 1. Prices arc :—London and North-
Western, 115 to 1; Great Western, 491 to 1 ;
Midland, 1151 to 116 ; London and South--
Western, 87 to 89 ; Great Eastern, 37/ to / ;
Brighton, 471 to 48 ; South Eastern, 751 to 1;
Metropolitan, 1021 to 103 ; Great Northern, 107
to 108 ; ditto A, 109 to 1 ; Caledonian, 801 to ;
and London, Chatham, and Dover, 171 to /-
In the Foreign 111arket Nicolai, Orel-Vitebsk,
and Charcow Loans are in demand. Brazilian of
1865 are 80 to 1 ; Chillian of 1867, 951 961 ;
Egyptian of 1864, 861 to 1 ex div. ; ditto of 1868,
of 1
761 to 1 ; Italian of 1861, 551 to I ; ditto
868, 831 to 841 ; Mexican, 141 to 15 ; Peruvian
of 1865, 78/ to 791 ; Russian of 1866, 901 to
91, ex div. ; Nicolai, 65 to ; Orel, 81/ to
821 ; Moscow, 781 to 79 ; ditto Charkof, 761. to
71 ; ditto Charcow, 76i to 771; Spanish of 1867,
301 to ; Turkish of 1858, 631 to 64 ; ditto of
1862, 671 to 4 ; and ditto of 1865, 411 to 42.
American 5-20 Bonds are 831 to 8; Erie Rail-
way shares, 24 to 1 ; Illinois Central, 961 to 97 ;
Atlantic and Great Western Debentures, 29 to 30 ;
and the Consolidated Mortgage Bonds, 281 to 291.
In Miscellaneous Shares National Discount are
quoted 111 tol ; General Credit, 11 to dis. ; In-
ternational, 1/ to 1 dis. ; Hudson's Bay, 121 to 13 ;
Telegraph Construction, 16/ to 171 ; Atlantic
Telegraph Eight per Cent. Preference, 31 to 1 ;
and Anglo-American, 221 to f•
In Bank Shares City are 111 to 121 ; Imperial,
161 ; London and County, 511 to 1 ; London
Joint Stock, 32i to 33i; London and Westminster,
631 to 641 ; Union of London, 361 to 1 ; Anglo-
Austrian, 171 to 111 prem. ; and. Imperial Otto-
Man, 21 to 1 prem.
The sum of £60,000 in gold was withdrawn from
the Bank yesterday. Of this amount £30,000 con-
sisted of sovereigns for India and £30,000 was in
American eagles for New York.
The Atrato, from the West Indies, has brought
£223,620, of which £133,231 is gold, and the
Union, from New York, £9,745.
It is reported that advances are being made to
effect an arrangenaent between the several classes of
stock and debenture holders interested in the Lon-
don, Chatham, and Dover Railway. If this can be
accomplished it will be most satisfactory, especially
should anything like the payment of interest be re-
sumed. The advance in the price of the stock is
attributed to these proceedings.
The new Russian loan has been received with
much indifference. Although it is, as a matter of
course, offered upon terms which render it rela-
tively cheaper than the existing issues, the effect of
this consideration is lost through the extent to
Which the market had previously been flooded with
stock, while at the same time caution is inspired
by the implied refusal on the part of the Russian
Government to refrain from putting forth fresh
loans directly the instalments upon this new stock
shall have been completed.
Rumours continue to be circulated from day to
day with reference to the coining Spanish loan, for
which there appears to he a good deal of competi-
tion at Madrid, although this is probably in no
small degree of a
conditional character. It is not
believed that anything absolutely definite has yet
been settled.
A remittance of £1,415 has been received on ac-
count of the debt of Equador.
The period of officu of Mr. Thomas N. Hunt as i
Governor of the Bank of England has terminated.
The four years ia which Mr. Hunt has filled the
post of Deputy-Governor and then of Governor
included the height of the speculative inflation
from the limited liability companies, the unpre-
cedented panic of 1866, and the consequent long
period of distress, and throughout thew hole of.this
anxious time it has been his fortune to be regarded
with unqualified confidence and esteem by all con-
nected with the mercantile and banking interests of
the City of London. He is succeeded by Mr. R.
W. Crawford, M.P. for London.
The report of the directors of the Rio Janeiro
Gas Cr
the ompany (Limited) recommends a dividend
annum, fo half-year at the rate of 10 per cent. per
•
The results of the half-year's operations of the
General Bank of Switzerland will not permit of the
distribution of a dividend for the six months end-
ing December last.
The reports from the iron manufacturing dis-
tricts of France and Belgium are very favourable.
Two or three failures are reported in the Brad-
ford worsted trade. Messrs. Burton and Brook,
woolstaplers, whose liabilities are stated to be from
130,000 to £40,000, have called a meeting of their
creditors ; and a similar step has been taken by Mr.
Watkinson, worsted spinner, and Mr. Josh.
.Walker, woolstapler.

BRITISH FUNDS-CLOSING PRICES.

U
.. OVERNMEXT FUNDS.
0 ker Cent. Consols ........................... 931 / i
8 Ditto for Account, ........................
Newper Cent. Reduced ......................... 91i 2
8 per Cent .... .. ." ........... .... 91i 2
New 21 per Cent. Jan.. 18.94 —
Do. 5 per Cen J 9.11.1873 —
Annuities SO yrs, expire sth Jan., ltsBo
.Do. for 30 yrs, expire sth April 1885..
Do (Red Sea Telelsraph), Au 1908 •
Exelioquzr Bills, £l,OOO, '2l perg3t. ......
Do £5OO
Do. £lOO &-Z:2.66.............-- - Pm.
Bank of England Stoelc,..4t per Cent 239 41
De. opening Canada 4 per Cent. 80nd5.....,;.,;.... -....
Inter-Colonial Omnmm —...
INDIAN UOVERNMENT 6ECUltillxii.
India Stock! 10/ per Cent., April 1874
Do. Opening,
80
for Account
Do. 5 per Cent. July, 18 114 14
Do. 4 per Cont., Oct. 1888
Do. Certificates —
per. pent.,
_lO5/
Do. Enfacod Pape,. 4
Do. 5 per Cert., Jan. 1872 .......
Do. 5/ per Unit. May 1879 _Da 5 per Cent., Rup. Deb. 1872
1877 Do do
_ Do. do. 1882
D. Deb., 5 per Cent., Aug. 1873 „ —
Do. Bonds, 4 per Cent., £l,OOO
Do. under £l.000
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
Do., Scrip £45 paid
_
Au arum Bonds 5 per cent
_
o. 1859
• •
13rzilian 6
-„n ent
per C
'• 41 Per Cent. 1852 _
LIO
. do. 1858 —
(). , do.
I)
186 1 ...... ...„.
A
0., 1863 _
Do. 5 u
per Cent , 1865
13 e
Do Account ..... : .........
. nos Ayres 6 per Cent.
(StZtDo 2 per Cent (Deferred 3 por Cent.)
a,,46 )et- Cent.. ............................. .
_—
per Cent„ no 4i. Per Cent. ...............
Do. 3 ",. Cent • ...,•• ......... .•...
Po ,
01.0. 6 perr
covq. 1867 ..................... 96
. 7
~1)or Cont., 1866 ............ .......
&Jalc) ablan, 6 per Cent.
tiana,‘B,4/ 3 Ptir. Cent, 1825 .................
_0
_tan Principalities, 7 ler Cent 76i
,„ I) IS per Cent., 1867..
xiNquadDr New (Icon_sol.ida. ..
....... . 1.1;.e.;73ert —l3}
4, 4Yptian, 7 per 1)0 f..4,voad
18::: . v. ................... -
DOO. 451/t llonds .............. •••••
o.
~.„, , _ a
_s
.............................
1Z 13? 0 .. ... .................
1864
.1., Do.
. sto
130ndsAccount ...................
...) £ ,
87
,50:581pC....13c0.nds
••16.11): b: rip, 1868
• rz.„
ea • do. ".£45 pd ... d.
orenul t itau . .......
way Ahbenturee ..