The Sun.
London, England, 1869-03-19 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The demand for money is moderate, but rates are
Well supported at 2i to 3 per cent. Some transac-
tions have taken place at below the Bank mini-
mum for very short papea. _ .

Consols are 93f 3 for money ; ditto, for Ac-
count, 93f ; Three per Cent. Reduced, 914 f ;
New Tkree per Cents, 911 ; Exchequer Bills,
£l,OOO, 2} per Cent., —; Bank of England Stock,
4 per Cent., shut.

India Stock, 103 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1123 ; ditto 4 per
Cent., Oct., 1888, ; ditto Enlaced Paper 5 per
Cent., Jan., 1872, 105 ; ditto Bonds under £l,OOO,
10 18 prem.
The foreign stock market is firm, at the follow-
ing quotations :—ltalian, 55/ 6 ; Mexican, 15 / ;
Greek 12 1 ; New Spanish, 311 3 ; Turkish Five
per Cents., 411 3 ; Peruvian 1865, 78/ 9 ; New
Russian Railway, 77f /.
The business done in the Railway Market is as
follows :--Caledonian, 80 I 1 ; Great Western, 493
; Great Eastern, 37i g ; Great Nerthern, 1073
; ditto A 107 i 4 ; Lancashire, 123 3 ; Metro-
politan, .1033 ; ditto Extension, 1023 33 ;
Midland, 116/ 17 ; Sheffield, 531 4 ; London and
Brighton, 49 93 ; North British, 351 ; London
and North Western, 1133 143 ; North Eastern
(Berwick), 102 3 ; South Eastern, 753 ; and
London, Chatham, and Dover 163 3.
There were no gold operations at the Bank yes-
terday.
The Jason, from Sydney, has brought £32,400.
Of the £550,000 of silver brought by the Loui-
siana to St. Nazaire about £400,000 is for England
and the remainder for France. The bulk will pro-
bably be taken for China.

The coupon due on the Ist proximo on the Hon-
duras Government Ten per Cent. Railway Loan is
announced for payment.
Messrs. J. H. Schroder and Co. have announced
the half-yearly interest on the bonds of the New
Orleans, Jackson, and Great Northern Railroad
Company Second Mortgage Construction Bonds,
due on the Ist April next.
The Manchester Courier states that Mr. Robert
Heywood, in the Bradford Trade, has suspended
payment. His liabilities are, however, small.
The Leeds Mercury announces the failure of
Messrs. W. and J. Lea, brass casters, Bloomsbury,
Wolverhampton; liabilities from £B,OOO to £9,000;
assets show Bs. Bd. in the pound, and 6s. is offered
in several instalments.
The Master of the Rolls has ordered a further
dividend of 3s. Gd. per pound (making with former
dividends 10s. Gd.) to be paid to the creditors of the
Financial Corporation.
Vice-Chancellor Sir W. W. James has appointed
Mr. John Bath to be the official liquidator of the
Masonic Union Company (Limited). _ _

The ordinary meeting of the Credit Foncier of
Mauritius (Limited) will be held on the 25th inst.,
when a dividend will be declared.

The first ordinary annual meeting of the United
Land Company (Limited) is convened for the 31st
inst., when a dividend is to be declared.
With reference to the North British Railway the
following official telegram has been received at the
Stock Exchange :—" Surplus revenue of this com-
pany for last half-year will admit of dividends on
the preference stocks down to and inclusive of
Monkland Preference (ordinary) stock, and to the
extent of 12s. per cent. per annum on Edinburgh
and Glasgow Preference (ordinary) stock. Pay-
ment of these dividends will be made in deferred
warrants.

At the fifteenth annual meeting of the Briton
Medical and General Life Association, held to-day,
the following results were reported. The new pre-
miums, in respect of 2,472 policies issued during the
year, hmouuted to £25,277, and the renewal pre-
miums to £201,372. The claims paid, or which were
admitted, but had not matured at the date of the
balance-sheet, amounted to £127,856, and the assets
in hand, as certified by the four appointed auditors,
to £667,493. A dividend was declared at the rate
of 8 per cent. per annum on the share capital of the
association, as increased by the last bonus, being
equivalent to 16 per cent. on the original payment
per share. The successful establishment of the Bri-
tannia Fire Associa ion, which was projected under
the auspices of the Briton Society, is specially re-
ferred to in the report, the directors auguring a new
source of prosperity from the arrangement whereby
the two companies, although perfectly distinct in
regard to constitution and funds, are being worked
in co-operation under the same roof, and to a cer-
tain extent by the same staff.
Tha return from the Bank of England for the
week ended the 17th of March gives the following
results when compared with the previous week :--
Rest
PuLlic deposits
Other deposits 17,983,801 ... Decrease 436,586
On the other side of the account :
Government securi-
ties £14,126,537 ... Increase ... £50,000
Other securities 19,349,862 ...Decrease ... 277,676
Notes unemployed 9,262,230 ... Increase ... 509,720
The amount of notes in circulation is £22,720,935,
being a decrease of £483,98Q ; and the stock of
bullion in both departments is £18,119,122, showing
an increase of £57,188 when compared with the
preceding return.
Subjoined is a comparison of the present position
of the Bank of England aud*the prices of Consols
and French Rentes with the corresponding week of
last year

At Present. Same Weeklast Year.
Bullion
Reserve
Notes in circulation 22,720,935 ... 23,027,625
Rate of discount
Consols
Frenoh Rentes 7of. 37c. 69f. 35c.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
R•r Cent. Consols
Ditto for Account,
3 per Cent. Reduced Vli
New 3 per Cent
Now 21 per Cent. Jan. 1894
Do. 5 per Con J an. 1873
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for SO yrs, expire sth April 1885 —
Do (Red Sea Tolek,raph), Aug., 1908 —
Exchoquor Bills, .£l,OOO, 21 per Ct.
Do .£5OO
Do. £lOO Sc £2OO
Bank of England Stock,4l per Cent' Shut

Da. account —
Canada 4 per Cent. Bonds —
Inter-Colonial Oninrunl

INDIAN GOVERNMENT SECtiItITIEb.
India stock, 10i per Cent., April 1874 211
Do. Opening, for Account --
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enlaced Pap'''. 4 per Cent —
Do. 5 per Cert., Jan. 1872
Do. 6 per Gaut. May 1879 —
D.) 5 per Cent., Rup. Deb. 187'2 —
Do do 1877
Do. do. 1882
:iD.... Deb., 5 per Cont., Aug. 1873
Do. Bonds, 4 per Cent., £l,OOO
Do. midst- £l.000
FOREIGN FUNDS—CLOSING PRICES.

Argentine Republic,6 per Cent

. .
Do., Scrip ..{:45 paid ..
Aurian Bonds 5 per cent

Do. 1859 —
Et azilian 5 per Cent —
Oa. 4i per Cent. 1852 —
Do. do. 18 03....
Do. de. 186 , —
Do. do., 1863-
Do. 5 per Cont., 1865
')o Account 79f i
11 :euos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent )
Cu'is, 6 per Cent.
o.,lian 6 per Cent —
"n. 41 per Cent —

Do. 3per Cent.,
Do. 6 par co ,t. 1867 ..
Po. 7 per Cont., 1866
C lo übian, 6 per Cent.
Dan sti 3 per Cent., 1825
Dan .t.ian Principalities, 7 per Cent 76
Do 8 per Cent., 1867 .............. ~ •
Yquador New Consolidated, 1 per Cent
E;yp tian, 7 per Cent„.„ —
Do Secood Issue
D0..£50(, Bonds —
Do. £10,) Bonds ..... 83k
Do. 1864
Do. Account
Do. 4500 Bonds
Do. 4106 Bonds 9O
English Scrip, 1868
Do do. £45 pd — dis
Governucnt -Railway Del euttwt-,
Greet 5 per Cent., 1824 5, ex Coups —
Do. Account I,- . --

HER MAJESTY.

WINDSOR CASME, March 18.

The Queen, accompanied by Princess Beatrice
and Princess Louise, drove out yesterday after-

noon.
Her Majesty, accompanied by Priuccs3 Louise,
walked and drove iu the grounds this morning.

LATEST INTELL AGE GE

(REUr"ER'S TELEGRAMS.)

AUSTRIA.

VIENNA, March 19.

The official TViener Zeitung of this morning
publishes an Imperial decree sanctioning the estab-
lishment of trial by jury for offences against the
Press Law.

The .Neite Freie Presse states that General Della
Rocca, the Italian Envoy Extraordinary, is the
bearer of an autograph letter from King Victor
Emmanuel to the Emperor of Austria.

HOMEWARD BOMBAY (HEAVY) MAILS.
GIBRALTAR, March 17.

The Peninsular and Oriental Company's steamer
Ripon arrived at 1 o'clock, and leaves for South-
ampton at 8 o'clock this morning, where she may
be expected early on the morning of the 22d inst.

OPENING OF TIIE SUEZ CANAL.
SEIZAPEUM, March 18.

The waters of the Mediterranean were admitted
into the Bitter Lakes at 11 o'clock to-day, with
complete success, in the presence of the Viceroy.
_ _ _

SUEZ, March 19.

The Peninsular and Oriental Company's steamer
Golconda, from Bombay March 6, reached Suez at
6 a.m. this day.