The Sun.
London, England, 1869-10-02 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The settlement, which commenced to-day and
continues till Wednesday next, has occupied most
attention, and stocks are carefully held back, holders
refusing to accept lower terms. The Foreign mar-
ket is inactive, but there has been SOM3 business
done in Bank shares.
Consols are now at 93 to 934 for money:;
ditto, for Account, 931 ; Three per Cent. Re-
duced, 91 1 ; New Tyree per Cents, 911 1 ;
Exchequer Bills £l,OOO, March, rar ; June,
11 prem. ; ditto £lOO, £2OO, and £5OO, March,
prem. ; June, 7 prem. ; Bank of England
Stock, 4 per Cent., 238.
India Stock, 104 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, ; ditto 4
per Cent., Oct., 1888, 1001 ; ditto Enfaced Paper,
4 per Cent., ; ditto Debentures, 104/ ; ditto
Bonds £l,OOO, 23 prem. ; ditto Bonds under
£l,OOO, 23 28 prem.
In the Foreign Market prices are marked as
follows :—Brazillian, 83 to 84 ; Egyptian (1864),
86 to 87 ex div. ; ditto (1868), 7671 to 77 ; Vice-
roy's Seven per Cent., 81 to 811; ditto, Nine per
Cents., 971 to 981 ; Italian, 524 to 521 ; ditto,
Tobacco Loan, 84 to 86 ; Peruvian, 79f to 794 ;
Poruguese, 33 to 34 ; Orel, 844 to 841- ; Nicolas,
671 to 68 ; Moscow, 83 to 831; Charkof, 804 to
804 I; Spanish, 27i to 28 ; and Turkish Five per
Cents., 421 to 421.
American Five-Twenty Bonds are 84 to 84i ;
ditto (1865), 83 to 841 ; ditto (1867), 821 to 831;
Ten-Forties, 753- to 7G ; and Erie Railroad Shares,
244 to 25.
In the Railway Market prices tend downwards.
Caledonian are 824 to 83 ; Great Eastern 36,1 to
36 ; Great Northern, 1034 to 1041 ; ditto (A),
100 to 1004 ; Great Western, 54a to 544; London
and Brighton, 434 to 44 ; London, Chatham, and
Dover, 16 to 16+ ; London and North Western,
1154 to 116 ; London and South Western, 891 to
90 ; Metropolitan, 89+ to 894; Midland, 116 to
1168 and South Eastern, 751 to 76.

In Bank Shares Agras are 4 lower; Imperial
Ottoman, London and Westminster, and Oriental
have improved 4 to 4 ; Agra (A) shares are now
104 to 114 ; Anglo-Austrian, 10 to 12 ex new
prem. ; Imperial Ottoman, 24 to 2; prem. ; Lon-
don and Westminster, 574 to 58} ; Oriental, 424 to
434-; and Union of London, 354 to 364.
French Telegraph Cables are 164 to 174 ; Anglo-
American is steady at 201 to 204.
In Miscellaneous Securities Hudson's Bay aro
quoted 132 to 14 ; International Finance, 24 to 14 ;
General Credit, 11 to 1 dis.
No bullion operations of importance took place
at the Bank yesterday.
The Delhi, from Alexandria, has arrived with
£9,374.
The anticipation of the payment of the dividends
on Wednesday next seems to be already exercising
a certain influence upon the demand for dis-
counts. The best three months' bills are taken at
24 per cent., and in some instances at 24. On the
Stock Exchange, however, the terms for loans on
English Government securities were maintained at
2 to 24 per cent.
The report of the San Paulo (Brazilian) Railway
Company (Limited) for the half-year ending 30th
June last, shows a disposable balance of £66,500,
and the directors propose payment of a dividend
at the rate of 64 per cent. per annum. The traffic
receipts for the half-year exhibit an increase of
36 per cent. over the corresponding period of the
Previous year—a result mainly attributable to
the rapid development of the resources of the
province. The directors have resolved to re-issue
the debentures falling due in January next for a
Period of seven years at 6 instead of 7 per per cent.
per annum.

At the half-yearly meeting of the Caledonian
llailway Company the directors' report was adopted,
and a dividend at the rate of 3L- per cent. declared.
An extraordinary meeting was afterwards held, at
which it was agreed to acquire, jointly with the
hlasvow and South-Western Railway Company,
e GlaEgow and Paisley liana', to authorise an ad-
ditional contribution of not more than £22,000
towards the Busby Railway, and to approve the
new agreement with the Callander and Oban
Company•
An extraordinary meeting of the Watermen's
Steam Packet Company (Limited) will be held
Ca the 12th inst., to confirm the resolutions passed
at the meeting on the 28th ult., " adopting the
terms of arrangement for amalgamating the Water-
ten's Steam Packet Company (Limited) with the
Woolwich Steam Packet Company (Limited), and
conferring the powers required for carrying the
same into effect, and dissolving and liquidating the
Watermen's Steam Packet Company (Limited)
under the Companies Act."
, A petition for the winding up of the "Imperial
z.‘l'Llardian Assurance Company" is to be heard be-
'Ore Vice-Chancellor James ou the first day of
Petitions.

At the meeting of the Commercial Gas Company
It Was stated that the net profit for the half-year
amounted to £24,353, and a dividend of 5 per cent.
I°aß declared for that period, less income tax. It
Ivas mentioned that E. A. Dickeson, one of the
e°llectors has absconded with £1,354 belonging
t 0 the company, but the greater portion of the
amount is expected to be recovered from his
sureties.
11e supplies of colonial produce brought upon
theC Markets this week have again been very large,
quotations have not been influenced by them,
the demand for most articles is rather steady.
h°°d coloury qualities of plantation Ceylon coffee
,?ve found ready buyers at full rates. Rice at-
tracts attention, but there has not been much busi-
e'3B effected, and the stocks are still large. Bengal
saltpetre is in improved demand. The tea-market
oehlllaihs quiet, and is further unsettled by the fre-
lrelleY of public sales " without reserve." The
al fortnightly series of China sales will com-
-14411
erice next Tuesday.

tRITISII FUNDS-CLOSING PRICES.

a „ tiOVERNMENT FUND& -
'.l.;iF Cent. Consols
93 1
a -itto for Account, Oct. 6.
91k- k
Neia! ,C% en t . Reduced
91;k I il
1•1„. 0 Per Cent
ii" 2i Per Cent. Jan. 1894
ii,i,—°' 6 per Cen J 111.1873
--tlnities so • expire sth Jan., 1889 —
E/30 ? Yls' • • sth April 1885."
1:1 • or 30 yrs, expne
° Wed Sea Tolobraph), Aug„ 1908
.....-
2elacepizr tills, £1,009, 21 p. Ut. Marche
......
1.)3 Do. 3 do. J
Pal
8Q
3k of England Stock, 411por Cent
234
1:,,£100, £2OO & £5OO
tap' nlatning
102 f
ji.„ ada 4 per Cent Bonds —Shut
-...er..r, • . •
1,,,010ntal Uranium
1411.7,131 AN, CiOVERNMENT SECURITIES.
.0 % 4;tock, 10f per Cent., April 1874 —
I
jo 9Peting, for Account —
13 • 0 per Lent. July, 1880
Do, per. Cent., Oct. 1888
• Certificates
80.
t Waned Pav i•er _e. 4 (len t .
—. .
/),° per Cent., Jan. 1872 .... —
C.: °2
1 per Cent. May 1879 —
Doer Cent., Itup. Deb. 1872 ......
do 1877 —
DO'
do. 1882 —
2
jib° be b., 5 per Cent. Aug. 1873
b 13onds 4.per Cent% £l,OOO
%
0. Wider £l.000
81
4a
lir gi et
r4i itri: 00 ItEIGN; FUNDS—CLOSINO PRICES.
,-
Republic, 8 per Cent
Bonds 5 per cant ... — i
trlzii. Do. 1859
0 lan 5 per Cent r),,. 4i Per Cent. 1852
!Jo: do 1858
ho ttu 1860
A. ~ 1863 721
,),5 A 5 Per Cont., 1865
stieu,
es, Ac
83i -}
—o , yres t. per Get.
4b per Cent. (Deferrn ed 3 per Cent.`
%nit 6 Per Cent.
1.) n per Cent ___
Do. 4,, 6. Per Cent 1.,,; Per Cent.,
12,). per Cent. 1866
CI i'' " l'er cont. '1867 _
L'aist%l,"!.ll, 6 per Cent.
1).41,0") d per Cent., 1825 _
D 'jar' Principaities 7 rar Cent —
ti,,i4 . per Cent., 1867 '
1.4,4„0r New Uonsolidated, 1 per Cent —
D°
41"„ttn, pr Cent _ cleou(l Issue too:lstna Bonds
I°‘) 411411 i ..... t10111111•1/111111110,6 "--'