The Sun.
London, England, 1869-02-13 00:00:00

MO.NEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocic.
Business was not over brisk to-day, and the re-
sult was that Consols receeded slightly. In foreign
stocks there was rather more doing than is usual on
Saturday, and in railway shares few alterations
were made in the prices of some of the principa
lines.
Consols are 93 28 for money ; ditto, for Ac-
count, —; Three per Cent. Reduced, 93f ;
New flree per Cents, 931 1 s ; ditto Annuities,
April, 1885, 121 ; Bank of England Stock, 4 per
Cent., 244 2.
India Stock, 101 per Cent., April, 1874, 213 ;
ditto Enfaced Paper, 51 per Cent., May, 1870,
1104 ; ditto Bonds £l,OOO, 22 pram. ; ditto Bonds
under £l,OOO, 18 prem.
In the Foreign Market the quotations were as
follows :—Argentine, 891 to 81 ; Brazilian of 1865,
831 to 84 ; Chilian of 1867, 94 to 95 ; Egyptian of
1864, 871 to 881 ; ditto:of 1868, 741t0 e ;;Italian of
1861, 561 to I ; ditto Tobacco Loan, 51 to 6
prem. ; Mexican, 151 to 1 ; Peruvian of 1865, 778
to ; Russian of 1866, 93 to 94 ; ditto Nicolai, 67
to ; ditto Orel, 821 to 83 ; ditto Moscow, 801 to
81; ditto Charkof-Azof, 811 to 1 ; Charcow-Kre-
mentschug, 81 toe ; Spanish of 1867, 30 to 31;
Turkish of 1858, 67 to 68 ; ditto of 1862, 66 to 66 ;
and ditto of 1865, 40i to I.
In the railway market, London and North
Western are 1211 to I ; Great Western, 53 to 1 ;
Midland, 122/ to f ; London aid South Western,
91 to 93 ; Brighton, 52 to 1, ex div. ; South
Eastern,' 821 to 831 ; Metropolitan, 1121 to / ;
Great Northern, 1131 to f ; ditto A, 1121 to 113 ;
and London, Chatham, and Dover, 171 to 4.
American 5-20 Bonds have risen 4 per cent., the
price being now 77.1 to 78. Erie Railway shares
are 241 to 25.
In Banking and Miscellaneous shares prices are
the same as yesterday.
There were no gold operations at the Bank yes-
terday.
The Holsatia, from New York, has brought
£107,000.
On 'Change there has been an apparent diminu-
tion in the demand for bills upon the Continent,
and the rates upon France, Holland, and Austria
Were decidedly more favourable to this country.
It has been announced in the usual way that one
of the members of the Stock Exchange had, at the
settlement just concluded, failed to make good his
differences in recent transactions. This embar-
rassment was anticipated, as the party in question
had sold a large amount of Turkish and other secu-
rities, and was unable to buy them back except at
a heavy loss. His total liabilities are believed to
represent about £250,000.
Messrs. Alexanders, Cunliffes, and Co., the Na-
tional Discount Company, and some other esta-
blishments have raised their rate for deposits at 14
days' call from 21 to 21 per cent.
The half-yearly accounts of the Great Eastern
Railway show, subject to audit, a balance of about
£51,000, which is equal to rather more than 11 per

cent. It is understood, however, that the directors

intend to recommend that, in view of the. difficul-
ties through which the company has been passing,
the shareholders should abstain from dividing this
surplus for the present, and should carry it over as
a reserve to the accounts of the current half-year.
At a meeting of the shareholders of the Panama,
New Zealand, and Australian Royal Mail Steam
Packet Company a resolution was unanimously
adopted authorising the managers to take the neces-
sary proceedings for winding up the affairs of the
company. Mr. J. Young, of Turquand, Youngs,
and Co., was appointed liquidator.
The half-yearly meeting of the Great Western
Railway Company will be held on the 12th of
Uarch.
A general court of the London Assurance Corpo-
ration is called for the 17th of March, " to consider
of a dividend on the consolidated capital stock for
the half year ending at Lady-day next."
A petition for the -winding up of the City Dis-
count Company (Limited and Reduced) is to be
heard before Vice-Chancellor Malins on the 26th
instant. •
The ordinary general meeting of the Anglo-
lonian Steam Navigation Company (Limited) is
Called for the 25th inst.
The ordinary general meeting of the Bahia
Steam Navigation Comp any (Limited) is convened
for the 19th inst.
We are officially informed that there is much
exaggeration in the reported misunderstanding
between the Republics of Honduras and Salvador.
The works on the first section of the Honduras
Interoceanic Railway from Puerto Caballos to
,6antiago, are in progress under the supervision of
Mr. Henry O'Hagan, engineer, and Mr. Ransom,
assistant engineer ; and the Betsy Morris sailed last
!I:tenth from Cardiff with a large cargo of rails and
railway—
materials, shipped by the contractors of
the line, Messrs. Waring Brothers and M'Cand-
,is•
h• Messrs. Bischoffsheim and Goldschmidt have
last received by the Neva advice of a consignment
ofr silver bars from the mines of Aramacina and St.
Lucia mortgaged to the English bondholders of the
'l4aduras Railway Loan.
Letters received by this West India mail state
that the Commissioner intrusted with the nego-
tiations for a transfer of some millions of acres of
'and from the Nicaraguan Government to the Mos-
quito land security holders was, by last advices,
about to proceed to Managua, the capital of the