The Sun.
London, England, 1869-05-14 00:00:00

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o C LOC IC.

Consols are 92 I 4 :} for money; ditto, for Ac-
C,?unt, —; Three per Cent. Reduced, 911 ;
Aew Tkrec per Cents, 91i I ; ditto 5 per Cent.,
1044. ; Exchequer Bills £l,OOO,
India Stock, 10i per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 11411 4. ; ditto 4 per
Cent., Oct., 1888, 100 i.
The corn market continues dull at Mondny's
prices.

In the Foreign Market stocks are firm, at a rise
of 8 in Turkish and Peruvian Five per Cents. ; and
Italian Five per Cents. and New Spanish Three
per Cents. are better. The quotations are :
Italian 56.-1 561 ; Turkish, 421 431 ; Peruvian, 764
761 ; Mexican, 121 13 ; Greek, 10 11 ; and New
Sp mist], 28a 281.
American Five-Twenties Bonds are 1 better, at
788 78k, and the Ten-Forties, at 711 111. The
Bonds :of 1885, however, are unchanged, at 761
764. Erie Railway Shares remain at 201 201, and
Illinois Centrals at 951 961.
Atlantic Telegraph Original Stock is 23 24, the
Eight per Cent. Preference Shares are quoted 31
31, and Anglo-American Telegraph Shares, 221 228.
The Honduras Loan is steady at 82 to 84 ex
Coupon.

In the Railway market Caledonians are Great
Westerns is, Great Northern A I, Brighton it,
North British I, and South Eastern hater ;
Great Eastern are lower, Great Northern,
Metropolitan I, Midland /11-, North Eastern 4 lower.
The sum of £60,000 in gold was taken to the
Bank yesterday.

Letters from Frankfort state that the unexpected
advance in the Bank of England rate, coupled with
the pre-existing anxiety as to the Alabama affair,
caused a degree of alarm on the Bourse, which sent
the prices of American bonds down 3 per cent. in
a few days. At this decline large purchases have
been made, but chiefly on speculative account, as
investors at present keep aloof.

The two Banks recently started at Munich have
issued their shares; those of the • Vereins-Bank
command a premium of 15 per cent.; the Handels-
Rank of 5 per cent. The threatened stamp tax on
bonds continue to engross general attention, and
Baron Rothschild, the Frankfort Deputy to the
North German Parliament, has left for Berlin,
where, from his authority on such questions, it is
hoped he may succeed in averting the stroke
" aimed by the Juuker ratty against the commerce
of the country," since the great industrial would
suffer as much as the banking establishments from
the measure.

At a meeting of the European Assurance So-
ciety the report stated that the premiums on the
new life and guarantee policies of the )ear
amounted to £40,676, and that the gross revenue
wLs £363,502.

The report of the Land Mortgage Bank of India
states that all the financial requirements of the
bank to the end of the current year, and, indeed,
to the 30th of June, 1870, have been provided
for by funds already in London, or in course of
remittance from India, and that no call will be ne-
cessary during the present or ensuing year. The
directors " still consider that the gross of the
bank's losses in respect of principal will certainly
fall Within £172,000, as estimated in last year's
report.

'The report of the Buenos Ayres Great Southern
Railway for the year ended the 31st of December
shows that, while £13,487 was required in the year
1861 from the Government to make up the gua-
ranteed net revenue of £49,000, only £79 was re-
quised for the past year. A dividend at the rate of
7 per cent, per annum was declared, leaving £l,llO
to be carried forward.
Society Atthe meeting of the Metropolitan Assurance
Yesterday the new assurances for the year
were stated to have amounted to £195,700, yield-
ing in premiums £7,019. The gross income is
£185,260, and the iuves:-,ed funds are £1,258,239.
At the 35th annual meeting of the Universal Life
Assurance Society, held this day, Mr. John Farley
Leith, iu the chair. The new policies effected in
past yeAr worn stated to have amounted to
£343,070, producing new annual premiums to
£15,472. The gross income of the society is
£156,278, and its invested funds £813,775. A re-
duction of 50 per cent., in the premiums for the cur-
r,et4 year was declared by way of annual cash
bonus to the policy holders.
The return from the Bank of England for the
week ended the 12th of May gives the following
results when compared with the previous week :---
!led. £3 151 939 ... Increase .£2,2,086
'rul-dle deposits
Other deposits 17,465,098 ... Increase ... 1,537,311
On th, other side of the account :
Ciovernment securi-
;,t.ilss .............
~.tter •
securities 19,303,841 ... Increase ...1,721,459
,z 4 tips unemployed 6,774,775 ... Increase.l... 269,780
lho amount of notes in circulation is £23,619,970,
being a decrease of £385,595 ; and the stock of
bullion in both departments is £16,563,389, showing
preceding
aredeeedicrenasg
return. e of £18,697 when compared with the
Subjoined is a comparison of the present position
of
the Bank of England and the prices of Consols
and French RentPs with the corresponding week of
last year :

At Present. Same Weeklast Year.
Lulliou ....... £16,563,389 ... X 20,291,388
Reserve .. . . ; ....
..
7,943,419 ... 11,312,958
23,978,430
Notes in circulation 2" 619 970 ...
Ruts of discount
Consols . 92i 94}
Consols
R ''''' s **********-
71f. 77c. 69f. 45c.
2 per cent.
The following is the official return of the cheques
and bills cleared in the Bankers'
Clearing-house for
thg week ending Wednesday, May 12 :
Tlxurpday £10,917,000
Friday
Saturday...
Monday 8,582,000
Tuesday
Wednesday 14,695,000

£59,776,000

BRITISH FUNDS-CLOSING PRICES.

GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account,
3 per Cent. Reduced
New 3 por Cent
OW 21 por Cent. Jan. 1891
...... 91-1
Do. 5 per Con ,an. 1873 *********
11-041
Amenities, $O yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telekraph), A ng., 1908
Exclicqu:.r Bills, £l,OOO, 21 21 per Ct 8 dis par
D 3 £5OO
Do. £lOO & £2OO —
Bank of England Stock, 4} per Cent
D. opening —
Canada 4 per Cent. Bonds —
Inter-Colonial Omnuun

INDIAN GOVERNMENT SECURITIM
India 7.tock, 104 per Cent., April 1874
Do. Opening, for Account --
Do• 5 per Uent..fuly, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enlaced Pape. 4 per Cent.,.... 9l
Do. 5 per Cert., Jan. 1872 ..... ... —
Do. 6i per Cent. May 1879
Da 5 per Cent., Rup. Deb. 1872 —
Do do 1877 —

1882 -

—..,. uu.
D.,. Deb., 5 per Cent., Aug. 1873 ~
Do. fonds, 4 por Cent., £l,OOO
Do. under £l.OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, t per Cent ... .
Do., Scrip £45 paid
iu ttrian Bonds 5 per cent ..
65
o. 859
Br ililian D 5 per Celnt.. —
qa. 41 per Cent. 1852 —
Do. do. 1818 —
Do. do. 186
••• --
3
Do. 5 per Cont., 1865
Do Account 7Bl 9
13 .1 nos Ayres ti per Cent.
1),) 2 per Cent. (Deforrtqi 3per Cent ';
Cu'ia, 6 per Cent
()when 6 per Cent —
Do.4i per Cent..., - -
3 per Cent.,
1 o. 6 per ce• t. 1867 961
Po. -1 per Cent., 1866
C lo •&bian, 6 per Cent.
Dan Dish a p.m Cent., 1825........
Dan,Lian Principalities, 7 per Cent —Do 8 per Cent., 1867 _
Is. quador New Con4olidated, 1 per Cent
_
E ..,-yt tian, 7 per Cent... - .
Do Setotid issue
-
De. £5O(, Bowis --
Do. £lOO Bonds _
_
Do. 1801