The Sun.
London, England, 1869-04-28 00:00:00

ZIONEY-MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Consols ars 93f 1 for money; ditto, for Ac-
count, 931 ; Three per Cent. Reduced, 921 ;
New Three per Cents, 928 ; ditto Red Sea Tele-
graph, 20 ; Exchequer Bills £l,OOO, 3 prem. ;
ditto £lOO, £2OO, and £5OO, 3 prem. ; Bank of
England Stock, 4 per Cent., 239 4.
India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 114 Z ; ditto 4 per
Cent., Oct., 1888, 1008 1; ditto Eufaced Paper, 4
per Cent., 921 ; ditto 5 per Cent., 1051 ; ditto 51
per Cent., 1101.
A fractional recovery has taken place iu the
Foreign Market to the extent of about f per cent.,
except as regards Brazilian and Chilian, which are
Ito 1 lower respectively. The following are the
prices :—.Egyptian, 1864, 86 to 87 ; ditto Railway
Debentures, 981 to 981 ; ditto, 1868, 758 to 761 ;
Viceroy's Seven per Cents., 808 to 801 ; ditto
Nine per Cents., 97 to 971 ; Italian, 56 to 561 ;
Peruvian, 771 to 773 ; Portuguese, 351 to 35! ;
Russian (1862), 86 to 87 ; Orel-Vitebsk, 78 to 781 ;
Nicolai, 65k to 66 ; Moscow, 79 to 791 ; Charkof,
761 to 774 ; Spanish, 291 to 291 ; Turkish Five per
Cents., 43 to 43} ; ditto Six per Cents., 661 to
661 ; Brazilian, 79f to 80 ; and Chilian, 96 to 97.
There is little doing in English Railway Mares,
and prices in several instances are lower, includ-
ing Lancashire and Yorkshire, and Metropolitan,
each, being quoted at 1221 to 1234 ; and
1031 to 1031 respectively. Midland and South
Eastern are also each worse, the former
being marked at 1151 to 1148 ; and the latter at
76 to 76f ; Caledonian is unaltered, at 78 to 781;
Great Eastern, 371 to 371 ; Great Northern) A),
1081 to 109 ; Great Western 491 to 491 ; London
and Brighton, 471 to 471 ; London, Chatham, and
Dover, 17 to 17f ; and London and North-Wes-
tern, 1151 to 1151.
American Securities are quiet. The 5-20's are
801 to 801 ; Erie, 221 to ; Illinois, 981 to 99 ;
and Atlantic and Great Western Bonds, 251 to 261.

Operations in Bank Shares continue very limited,
and the only movement in prices is a decline of f
in London and County, the price being 49 to 50.
Union of London is steady, at 35 to 36 ; Oriental,
42f to 43} ; London and Westminster, 62f to 63f ;
Imperial, 16 to 17 ; Anglo-Austrian, 16f to 17k
paem. ; Alliance, 14 to 15 ; and Agra (A), lof to 11.
The dealings in Foreign Mining Shares are only
nominal, and prices are without change.
In Miscellaneous Securities the only feature is a
decline of s in National Discount, the price being 11
to llf ; General Credit is steady, at 11 to 1} dis. ;
International Finance, 2 to 11 dis. ; Anglo-Ame-
rican Telegraph, 22f to 22.1 ; and Hudson's Bay,
131 to 13f.
There were no gold operations at the Bank yes-
terday.
The Glen Osmond, from Adelaide, South Australia,
has brought £5,120.

The increase of traffic of the Metropolitan Rail-
way is stated at £2,842. The traffic receipts on
the Metropolitan District Railway represent £Bl6.
The traffic receipts on the Metropolitan and St.
John's Wood Railway stand at £379. •
Advices from Glasgow announce the failure of
Messrs. Inglis and Morris, manufacturers, with
liabilities amounting to about £20,000.

Great attention is directed to the further pro-
ceedings which are to take place on Thursday
next before the Committee of the House of Com-
mons in the matter of the London, Chatham, and
Dover Railway Company's Bill. The feeling
amongst the share and debenture holders is de-
cidedly that the Committee are quite correct in
the views they have taken, and that it is advisable
the directors should be controlled in the issue
of the "A" debenture stock by the arbitrators,
Lord Cairns and the Marquis of Salisbury, iu
whose hands, it is felt, the pending matters may be
safely left. In a letter published by Mr. Grosvenor
Hodgkinsen he states that he will be " quite
content to abide" by the committee's judgment, and
it is strongly to be hoped that the board, as a body,
will be found ready to acquiesce in the plans
proposed, which appear to affurd the only means
whereby the affairs of the company can be put
straight. Apart altogether from legal difficulties
it is obvious that when a great undertaking like
this falls into embarrassment, and it is found im-
possible to reconcile by ordinary means the con-
flicting tights of the various claimants, the very
course which men of business would at once adopt
would be the one proposed by the present bill—
that is to say, the disputants, if they were guided
by common sense, would appoint two or three men
of undoubted character and position, and would
consent to be bound by their decision. It is diffi-
cult to see what better men could be appointed to
Such a pcst than an ex-Lord Chancellor and first-
rate lawyer like Lord Cairns, and a nobleman of
Statesmanlike breadth of view like Lord Salisbury.
Considering the saving which may thus be effected
in the cost of litigation, the advantage to be
derived through the attention of the directors
being solely to the development of traffic, and the
vast number of interests involved, it will be a matter
of reproach to all concerned if the present effort
to place the affairs of the company in a train
of settlement should not be carried through suc-
cessfully.
The directors of the Britannia Fire Association
have notified a second issue of 10,000 shares ;
per share on application, and six months
after allotment ; when subscribed the capital of
the association will stand at £250,000, and
£50,000 paid up, which the directors believe will
be amply sufficient for all present purposes. The
business has been in active operation since January
last.

At the meeting of the Singapore Gas Company
(Limited), a dividend at the rate of 5 per cent. per

annum was declared.

The fifth ordinary general meeting of the share-
holders of the Anglo-Austrian Bank will be held at
Vienna on the 31st May.
The East Indian Railway Company have issued
a circular to the shareholders notifying the issue
of the £1,000,000 of N Extension capital, gua-
ranteed 5 per cent., which was authorised at the
meeting of proprietors held on the 31st of De-
cember last.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT rUND9.
3 per Cent. Consols
Ditto for Account,
8 per Cent. Reduced 92i i
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. 3 per Cen J 9,11.18 i 3
Annuities, SO yrs, expire sth Jan., 1880...
Do. for 80 yret expire sth April 188 a —
Do (Red Sea 'I elevaph), Aug., 1908 2O
Eitel:wpm Bills, £l,OOO, 2i per Ct. ...., 3.
Do £5OO
Do. £lOO & £2OO
Bank of England Stock, 44 per OW
De. opening —
Canada 4 per Cent. Bonds —
Inter-Colonial Omnium
INDIAN GOVERNMENT SECURITIES
India Stock, 104 per Cent., April 1874...
Do. Opening, for Account - -
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888 - 4
Do. Certificates —
Do. Enticed Pape, 4 per Cent..:... 921
Do. 5 per Cert., Jan. 1872 ...... lO5l
Do. 54 per C./mt. May 1879 llO4
DJ 5 per Cent., Rup. Deb. 1872 —
Do do 1877 _
Do. do. 1882 —
0... Deb., 5 per Cent., Aug. 1873 ~ —
Do, Bonds, 4 per Cent., 41,000
Du. under £l.000

FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
Do., Scrip .E-15 paid
Au-Arian Bonds 5 per cent
Do. 1859 654
Brazilian 5 per Cent —
00. 44 per Cent. 1852 —
Do. do. 1838.... .............
Do. do. 186 + —
Do. do., 1863 —
Do. 5 per Cent., 1865 —
Uo Account 79i
Buenos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent )
Cuba, 6 per Cont.
Chnlian 6 per Cent
.00. 41 per Cent...
Do. 3 per Cent.,
Igo. 6 per ceet. 1867
Do. 7 per Cent.,.1.860. • 1024
Caonabian, 6 per Cent.