The Sun.
London, England, 1869-11-29 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Business on the Stock Exchange was active to-
day, the speech of the French Emperor giving con-
fidence to the market. Consols unproved, and the
same favourable improvement extended both to the
Foreign and Railway market. . .

Money is in demand, and three months' bills
cannot be done under 2i.

Consols are now at 931 f 1 for money;
ditto, for Acount, —; Three per Cent. Re-
duced, —; New Tkree per Cents, 92k 2 ;
Exchequer Bills £l,OOO, March, par ; June,
3 prem. ; ditto £lOO, £2OO, and £5OO, March,
—; June, 3 prem. ; Bank of England Stock,
4; per Cent., 238.

India Stock, 10i per Cent., April, 1874, ;
ditto 5 per Ceut., July, 1880, 1151 15 ; ditto 4
per Ccut., Oct., 1888, 100 i ; ditto Enfaced Paper,
55 per Cent., ; ditto Debentures, 1034 ; ditto
Bonds £l,OOO, 25 prem.

[ln the Foreign Market Turkish Five per Cents.
are 431, k lower than the closing price; Egyptian
(1868) is 761, showing a decline of i; Italian
Bonds are 53 to 531-; Mexican, 131 to 13 ;
Peruvian, 824 to 831 ; Spanish, 264 to 271; and
Argentine, 84 to 841.

In the Railway Market the principal feature is
the movement in Metropolitans, which are now
quoted at 84 to 844 for account, and 85 to 851 for
money. Great Northern, 1064 to 1074 ; Great
Eastern, 361 to 364 ; Great Western, 551 to 554 ;
London and Brighton, 4{4 to 45 ; London and
North Western, 121 to 1211 ; London and South
Western, 92 to 93 ; Midland, 1184 to 119 ; and
South Eastern, 76i to 77.

American Fire-Twenty Bonds are 83i to 84
ex div. ; Erie Shares, 20i to 21.1.; and Illinois, 99

to 991.

Lombardo-Venetian Railways is 19/, and Great
Luxemburg, 121 to 121.
Telegraph Construction and Maintenance is
331 to 331 ; French Cable, 15 to 151; and
Anglo-American, 191 to 191.

In Bank Shares Londonand Westminster and
Union of London have each improved 10s., the
former being quoted at 59 to 60, and the latter at
38 to 39. Imperial Ottoman is also I better, at 2+
to 2i prem., but Imperial is 103. lower at 16 to 17.
In Miscellaneous shares Hudson's Bay is 124 to
13 ; General Credit, 14 to 1 dis. ; and International
Finance, 21 to 21 dis.

The sum of £20,000 in gold was withdrawn from
the Bank on Saturday.

The India and China Mail steamer Ripon has
taken out £28,138. .

According to reiterated rumours from Vienna an
ultimatum is immediately to be despatched from
the Porte to the Viceroy of Egypt. So long as
these statements gain currency, and the intentions
of the respective parties remain in uncertainty, it
may be presumed no idea will be entertained of any
attempt to introduce the new Turkish Loan of
£12,000,000, for which the contract has been signed
in Paris.

With regard to the calculation, showing the cost
of the Metropolitan Consolidated 3} per Cent.
Stock to be £93 4s. 3d., while the price of Consols
is £93 17s. 6d., it is necessary to mention that
Consols at present have the advantage of an accrued
dividend equal to £1 55..

In relation to the financial working of the Grand
Trunk of Canada Railway for the past half-year
flerapath's Journal states :—" Of course there is no
dividend for the Ist Preference for the past June
half-year. We scarcely expected any. What we
expect is that for the current December half-year
there will be cash dividend for the Ist Preference.
The half-year may, in these latter six months, eain
the Ist Preference dividend for the whole. 12
months, but we rather think (under all the circum-
stances) that the current half year will simply
earn its own Ist Preference dividend, leaving that
for the first half of the year to be paid in paper. In
' that case the real return in the year to the Ist Pre-
ference will be £2 10s. per cent. in cash and £2
10s. in paper, worth at 60 price £1 10s., making
together £4 per cent. return."

According to the Railway News, the project of
leasing a wire of the submarine telegraph between
England and America for the use of Germany has
been brought to a successful issue. A line will be
laid between Bremen, or a forth German port, for
the ccnveyance of the messag(s from Germany to
this country, and these will be sent to America in
the order of their arrival. The concession has been
purchased by the Anglo-American Company for a
sum of £12,000.

The stoppage has been announced of Mr. S. Rigg,
manufacturer, of Bradford, but the liabilities are
small,

At a meeting of the creditors of Messrs. Mackerel
and Brindle, manufacturers, of Leyland, near
Preston, ,the liabilities were stated at between
£B,OOO and £9,000, the greater part being personal,
and not trade debts. The assets showed about
4s. Bd.

At an adjourned meeting of creditors of Messrs.
Kendall, Riddel, and Co., Scotch warehousemen,
of Manchester, a composition of 9s. in the pound
was offered and unanimously accepted.

The sixth general meeting of the Scottish Fire
Insurance Company (Limited) was held at .Edin-
burgh on Wednesday. The report submitted showed
that the premiums for the year amounted to £37,405,
while the claims paid amounted to £20,220. A
dividend was declared of 7i per cent. (free of in-
come tax) ; a further sum of £l,OOO was added to
the reserve fund, which now amounts to £ll,OOO ;
and the balance of £1,288 was carried forward to
next account.

BRITISH FUNDS-CLOSING PRICES._

G 0 VERN MENT FUNDS.;
3 per Cent. Consols
Ditto for Account, Dec. 1 —
3 per Cent. lieduced —
New 3 per Cent
New 31 per Cent. Jan. 1394 -

Do. per Cen j am. 187 3
Annuities, SU yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 21 p. lit. March
D 4. 3 do. June 3
Do. £lOO, £2OO & £5OO par 4
Bank of England Stock, 41 per Cent

De. opening _
Canada 4 per Cent. Bonds
Inter-Colonial Cranium
INDIAN GOVERNMENT SECURITIErs
Luna stock, 10f per Cent., April 1874...
Opening, for Account
Do. o par Cent. July, 1880
Do. 4 per Cent. Oct. 1888
DI. Certificates
Do. Enlaced rape. 4 per Cant......
Do. 5 per Cert., Jan. 1872 .... .a. —
Do. 5i per Cent. May 1879 —
Da 5 per Cent., Rap. Deb. 1872 —
Do o 1877 —
Do. do. 1882 —
DJ. Deb. 5 per Cent., Aug. 1875 ~ lo3k
Do. Bonds, 4 per Cent., £l,OOO

Do. under..£l,ooo
FOREIGN FUNDS—CLOSING PRICES.
Argentine Itepublic, 6 per Cant B4} I
SuArian Bonds o per cent

_____
Do. 1859 —
Brazilian 5 por Cent —
Do. 4i per Cent. 1852
Do. do 1858....•
Do. au 1860
_ ___

Do. do., 1868 7l}
Do. 5 per Cent., 1865

Do Account
Buenos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent )
Cltba, 6 por Cont.
()Lillian 6 per Cent
Po. 4i per Cent....
Do. 3 per Cont.,
Do. 7 per Cent., 1866
Do. 6 per cent., 1867
0 lornbiiin, 6 per Cont.
Danish, 3 per Cent., 1825 • —
Danobiati Principalities, 7 per Cent —

1)0. Acceunt

_ .._
Do 8 per Cent., 1867 —
Ecuador New Consolidated, 1 per Cent
Egyptian, 7 per Cent •••
4u Secood Issue —
Do. .£sut Bonds —
Do. 1864
Do. Account
Do. £5OO Bonds
Do. £lOO Bonds
Do. 7 per Cent., 1868 ~...
Do. £lOO Bonds
Government Railway Debentures —
Greet( 5 per Cent., 1824 5, ex Coups --
Do. Coupons
Do. Account
witemala 5 por Cent ..
RondurasGov Rail.Loon.,lop.,Ct.,allpd 844 4
itttlitua 0 per Qat., 1860 w