The Sun.
London, England, 1869-03-26 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocr.

The Stock Exchange will be open on Saturday,
but the attendance is expected to be only such as
may be indispensable in connexion] with the ar-
rangements for the settlement in the foreign and
share markets, and probably there will be no
transactions whatever on the part of the public.
Monday will be observed as a holiday, not only in
the Stock Exchange, but in most departments of
business.

There was no gold operations at the Bank yester-
day. . . _

The Bank of France return this evening shows a
further increase of £BOO,OOO in the stock of bullion.
The following letter, addressed by the Governor
of the Bank of England to the Committee of
Bankers, announces a reform which the Bank have
succeded in effecting with regard to the three
days' grace hitherto taken in accordance with an-
cient custom in paying the dividends on the public
funds :

" Bank of England, March 24, 1869.

" Dear Sir,—l beg to inform you that, with a
view to the payment of the dividends on Govern-
ment Stocks at the earliest period practicable, an
arrangement has been assented to by her Majesty's
Government which will enable the Bank of Eng-
land to receive the bankers' signatures to warrants
one day earlier than has hitherto been possible.
" Arrangements having also been made with the
Committee of Bankers to appropriate only one day
for receiving their signatures, which I hope will not
be found to cause any serious inconvenience, it is
proposed that in future the dividends on Govern-
ment Stocks shall be paid on the 6th of January,
April, July, instead of the Bth, and on the 11th of
October instead of the 13th, except when either the
sth or 6th of January, April, or July, or the 10th
or 11th of October, falls on a Sunday, in which
cases the dividends will not be payable until the 7th
of January, April, or July, or the 12th of October.
--I am, dear Sir, yours very truly,

" THOMAS N HUNT, Governor.
,4 To Sir J. Lubbock, Hon. Sec. to the
Committee of Bankers."

The colonial produce markets this week have been
steady; although with a quiet tone, and business
will, as usual at Easter, be suspended for a few days.
A strong demand prevails for plantation Ceylon
coffee of the new crop, and the moderate quantity
brought forward has found buyers at a further ad-
vance. Native is held for higher rates, which have
in some cases been obtained. Other kinds are
firmer. The stock here closely approaches that of
last year. A few months since it was several thou-
sand tons in excess. Sugar has experienced a
better demand. Crystallised and grainy sorts have
realised higher prices, and various parcels of brown
full quotations to 6d. per cwt. advance. The
refined market keeps steady. In spices there has
been no change of interest. The tea market has
been very dull. The Indian sales have gone off
heavily, several parcels being withdrawn in the
absence of satisfactory offers. Prices of the sold
portion range from ld. to 3d. per lb. lower. The
next sale of China tea is fixed for the 6th of April.
A few floating cargoes of Rangoon, Arracan, &c.,
of the new crop, have been sold at low prices.
Saltpetre has been neglected. Cocoa is dull, and
the stock of foreign continues heavy. Cotton has
been more active, closing higher both on the spot
and afloat.

The directors of the Chartered Bank of India,
Australia, and China have decided to recommend
at the general meeting on the 21st of April a divi-
dend for the half-year ended the 31st of December
last, at the rate of 6 per cent. per annum.
The return from the Bank of England for the
week ended the 24th of March gives the following
results when compared with the previous week :--
gest
PuLlic deposits
Other deposits 17,033,451 Decrease 950,850
On the other side of the account :
Government securi-

ties £13,999,053 ...Decrease £127,484
Other securities 19,124,184 ...Decreaso 224,878
Notes unemployed 8,982,175 ...Decrease ... 280,055
The amount of notes in circulation is £22,936,425,
being an increase of £215,490 ; and the stock of
bullion in both departments is £18,035,225, showing
an increase of £83,897 when compared with the
preceding return.
Subjoined is a comparison of the present position
of the Bank of England and the prices of Consols
and French Routes with the corresponding week of
last year :

Same Week
last Year.
Bullion
_Reserve
Notes in circulation 22,936,425 23,334,865
Rate of discount
Consols
Fronsh Renter;

At Present.

BRITISH FUNDS-CLOSING PRICES.
YESTERDAY.

GOTERNMENT FUNDS.
3 per Cent. Consols
•
Ditto for Account,
3 per Cent. Reduced 9l/ I
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Oen Jan. 1873
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Televaph), Aug., 1908 —
Exclicquzu. Bills, £l,OOO, 2i per Ct.

Do £500
Do. £lOO & £2OO
Bank of Enghnd Stock, 4 per Cent 2381 8

openinc•b
Canada 4 per Cent. Bonds
Inter-Celonial Uranium
INDIAN drOVERNMENT SECURITIEr
In 4'tOCk, 10i per Cent., April 1874 —
Do. Opening, for Account
Do. 5 per Cent. July, 1880
Po. 4 per Cont., Oct. 1888
Do. Certificates
Do. Enfacod Pape, 4 per Cent....
Do. 5 per Cert., Jan. 1872
Do. sj-per Cent. May 1879
Da 5 per Cent., Rup. Deb. 1872
Do do 1877

Do. do. 1882 —
D.. Deb., 5 per Cent. Aug. 1873 ~ —
Do. Bonds, 4 per Cent., £l,OOO
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republte, 6 per Cent
Do., Scrip £45 paid ..
Aultrien Bonds 5 per cent
De. 1859 —
Brazilian 5 por Cent 65;
00. 41 per Cent. 185'2 —
Do. do. 1858....
Do. do. 1861 —
Do. do. 1863 —
,
Do. 5 per Cent., 1865
Do Account BOl 791
B ,enos Ayres 6 per Cent.
Ds) 2 por Qent. (Deferred 3 per Cent )
Cuba, 6 per Cent.
o..tlian 6 per Cent —
Do. 41 per Cent —
Do. 3 per Cent.,
I'o. 6 per ce^t. 1867 —
Do. 7 per Cent., 1866
Colo nbian, 6 per Cent.
Datum; 3 per Cent., 1825
Dan, hian Principalities, 7 per Cent —
Do 8 per Cent., 1867 B7l f
Vquador New Consolidated, 1 per Cent
E;yrtian, 7 per Cent
Da Second Issue •• ll•

Do. Xsol_, Bonds B3}
Do. XlOO Bonds ..
1)0. 1861
Do. Account
Do. X5OO Bonds
Do. .4100 Bonds 9O
English Scrip, 1868 76j
Do do. £45 pd —
Government Railway Debentures 97
GreeK 5 per Cont., 1824 5, ex Coups ll

Do. Account
Do. Coupons -
Do. Accauut
Glyttemala 5 per Cent .. 62
Honduras Goy. Hail. Loan., 10p. Ct., all pd --
It3;ian 5 per Cent., 1865 —
).-)o. Accountk . —
Do Mareratnana :Hallway S6Z-11.xicar..
11.xicar.. 3 per Cent
Ditto for Account
Do. 1864 —
Do 13 per Cent. Anglo-Frouch
alontevidcau C per Cent. .. —
Mc :•risli huper'yd 5 per Cent
Now Granada ... 161
Do 3 per Con —
Do. Deforred
Peruyian 5 per Cont. 1865

Do Account .•

Do 4 por Cent. (IJl:',arren)
Do 41 per Cont., 1862 -.

Do Account —
P.mtsguese 3 per Ct.,-1853, '6, 7,'9,'60,'1.': 36f
Do. do. 1867 —
Do. do. Scrip, £2O paid —
11,1;sian 5 par Cont., 1822, £ St
Do 44 per Cent , 1850
Do 4,1• por Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862

MADAME TUSSAUD'S.—Among the most attrac-
tive and instructive exhibhions in the metropolis, during
the Easter holidays, we know of none where pleasure and
amusement can be combined, or where a more pleasant
hour can be spent, than at Madame Tussaud's waxwork gal-
leries in Baker-street. Many additional life-size portraits
may be seen, and among them is one of Sir John Lawrence,
the late popular Governor-General of India.

I)UNVILLE and Co., Belfast, are the largest
holders of Whisky in the world. Their Old Irish 'Whisky is re
commended by the medical profession in preference to French
Brandy. Supplied in casks and cases for home use or exports
tion. Quotations on application to Messrs. Dunville and Co.,
Belfast; or 4, Beaufort-buildings strand, L9udon:
v crtisement.
CROYDON CATTLE MARKET.--The trade was brisk
at market yesterday, and the limited supply of stock was
easily disposed of at the following prices, at per stone and
sinking the offal—Beasts, steers, 4s 10d to 5s 2d ; fat, 4s 4d
to 4s Ed; sheep, choice Southdown wethers, Gs; West
Kent wethers and coarse sheep, 4s 10d to 5s Gd ; fat calves,
4s 8d to 5s 4d ; pigs, 4s 8d to ss; and store pigs, 138 to 233
a head.

-- -----
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