The Sun.
London, England, 1869-03-16 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Government Securities are firm in prices
to-day, but the business transacted was by no
means extensive, purchases being made only t
meet pressing demands. In the fereign shares the
tone of the market was upward, a slight improve-
ment in the prices having to be noted. American
5-20 s fell slightly.
Consols are 92 s for money ; ditto, for Ac-
count, 93 ; Three per Cent. Reduced, 91i 1 ;
New Three per Cents, 911 ; Exchequer Bills,
£l,OOO, 21 per Cent., —; ditto £lOO, £2OO,
and £5OO, 1 prem. ; Bank of England Stock, 4
per Cent., 2421.
India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1121 ; ditto 4 per
Cent., Oct., 1888, 104 ; ditto Bonds £l,OOO, 12
14 prem.
According to Reuter's telegram this morning the
French Rentes were 70f 07c ex.

In the Foreign Market Charcow-Krementschung
have risen , and Charkof-Azof, Egyptian of 1868,
Turkish of 1862, 4- ; and Mexican and Peruvian of
1865, Italian of 1861 have declined 1. The
prices are :—Brazilian of 1865, 791 to k ; Chilian
of 1867, 941 to 951 ; Egyptian of 1864, 881 to 891 ;
ditto of 1868, 751 to 76 ; Italian of 1861, 631 to 1 ;
do. of 1868, 84 85 ; Mexican, 15 k ; Peruvian of
1865, 79 a ; Russian of 1866, 931 94 ; Nicolai, 661-
674. ; Orel, 811 k ; Moscow, 791 1 ; do. Charkof,
771 78 ; do. Charcow, 771 78 ; Spanish of 1867,
314 I ; Turkish of 1858, 62k 63 ; do. of 1862, 651
664 ; and do. of 1865, 40P 4..
In the railway market Metropolitan stock has
i mproved 1 ; Great Northern A, 4 ; and South
Eastern, 1. Great Western has declined 4..
The prices are as follows :—London and North
Western, 1131 to 1 ; Great Western, 481 to / ;
Midland, 1161 to 1 ; London and South Western,
87 to 89 ; Great Eastern, 371 to 1 ; Brighton, 491
to 1 ; South Eastern, 761 to 4. ; Metropolitan, 1031
to 4 ex. div. ; Great Northern, 1074 to 1081 ; ditto
A, 106 to 1 ; Caledonian, 791 to ; London,
Chatham, and Dover, 16/ to IT.
American Five-Twenty Bonds are quoted 831 to
being 4. per cent. lower; Erie Railway shares,
24/ to 25, showing a decline of k ; Illinois Central,
97 to 971 ; Atlantic and Great Western Deben-
tures, 33 to 1 ; and the Consolidated Mortgage
Bonds, 314 to 324..

Miscellaneous shares at e not much inquired for.
General 1i to dis. ; International, 1i to dis. ;
National Discount, 14 to a ; Hudson's Bay, 14} to
1; T,l3graph Construction, 171 to 1-; Atlantic
Telegraph Eight per Cent. Preference, 4to ; and
Anglo-American, 221 to f.
In Bank Shares prices are as follows :—London
and Westminster, 64i 65 ; London and County,
50i 54 ; London Joint Stock, 321 to f ; Union of
London, 364 to 371 ; Anglo-Austrian, 15 to 16
prem. and Imperial Ottoman, 21 prem.
There was no gold operations at the Bank yes-
terday.
The Clanronald, from Port Philip, has brought
£48,000.

The Bank of Australasia have declared a half-
yearly dividend and bonus at the rate together of
10 per cent. per annum on the capital stock of the
corporation, £1,200,000.

Messrs. J. Thompson, T. Bonar and Co., an-
nounce for payment on the Ist of April next the
bonds of the Consolidated Peruvian Five per Cent.
Loan, 1865, drawn on the Ist of January last,
amounting to £297,250.
The bills have been returned of Messrs. Heatley,
Great St. Helen's. Their liabilities are estimated
Gowan, and Co., South American merchants, of
at upwards of £lOO,OOO, and it is thought that the
realisation of the assets will prove unfavourable.
The house is old-established, but has been gradually
declining for some years past. It has been con-
nected with firms which have recently failed at
Glasgow and Manchester.
The Pacific Steam Navigation Company's vessel
Santiago, reported as having been totally lost in
the Straits of Magellan, is valued, with her cargo,
at £70,000. Insurances to a large amount had
been effected here, and as much as fifty guineas
premium was paid last week upon her.
We regret to announce the death of Mr. Robert
Slater, so well known awl respected in the City as
a member of the late firm of Morrison, Dillon, and
Co., and subsequently a director of the Fore-street
'Warehouse Company.

The ordinary general meeting of the proprietors
of the National Bank of India (Limited) will be
held ou the 22d inst., when a dividend will be de-
clared.

A special general meeting of the East Norfolk
Railway Company is called for the 27th inst., to
consider and approve a bill extending the time for
the completion of the railway.

With reference to the Estates Investment Com-
pany (Limited), it is announced that the official
liquidator has given notice of appeal to the Lords
Justices against the decision of the Master of the
Rolls, made on the 20th ult.
The South Eastern Railway traffic return shows
this week an increase of £1,042 over last year; and
the Brighton an increase of £66.
The traffic return of the Great Western Railway
of Canada for the week ending the 11th inst. shows
au increase of £866 over last year ; and that of the
Grand Trunk of Canada, for the week ending the
20th ult., an increase of £BO9.
It is satisfactory to notice that a meeting of the
holders of Erie Railway shares is convened for the
18th inst. at the London Tavern, with a view to
the formation of a committee to protect the inte-
rests of the shareholders.

The following pertinent remarks have reference
to the issue of Turkish Treasury Bonds, which has
lately been attempted in this market through the
Societe Generale of Paris and its agents :

" With reference to the criticism which has ap-
peared in the English journals ou the recent issue,
by the Societe Generale of Paris, of Turkish Go-
vernment Treasury Bonds, it would be well that the
Subscribers, if any, thereto were made fully aware
of the fact that the issue of these bonds as a public
loan is unauthorised by the Turkish Government,
and has not received their sanction ; and that
the coupons for interest can only be simple engage-
ments of the Societe Generale, not of the Turkish
Government. The public, therefore, in the event
of any necessity, have no direct claim on the Tur-
kish Government for the interest, but must simply
substantiate their claim as against the Societe Gene-
rale for this as for any other claim upon that finan-
cial association. The present advance made to the
Turkish Government upon those Treasury Bonds
appears to have been simply a prolongation and
augmentation of a previous advance by the Societe
Generale to the Turkish Treasury.

Blinn( F UNDS—TWV O'CLOCK
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account,
S per Cent. Reduced 9ll 1 1
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. b per Cen J an. 187 3
Annuities, SO yrs, c x2ire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telei.raph), Aug., 1908 —
Exchcqu:x Bills, £l,OOO, 21 per Ct.
Do £5OO
Do. £lOO k £2OO ... —
Bank of England Stock, 4 per Cent
D 9. account
Canada 4 per Cent. Bonds —
Inter-Colonial Omnium —

INDIAN ....4011ERNMENT 6Ecultlrlke,
India Stuck 104 per Cent., April 1874
Du. Opening, for Account
Do. 5 per Cent.. July, 1880
Do. 1 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Pape. 4 per Cent —
Do. 5 per Cert., Jan. 1872 ..
Do. 5i per o,nt. May 1679 —
DJ 5 per Cent., Rup. Deb. 1872 —
1)o do 1877 —
Da do. 1882 —
D... i)eb., 5 per Cent., Aug. 1873 .„ —
Do. Bonds, 4 per Cent., £l,000
1)0. under £l,OOO

FOIiEICiN FUNDS—TWO O'CLOCK.
Argentine Ropublle, i; For Uent
Do., Scrip 4.45 paid .
It-Linn:to Bonds 5 per cent . -
Do. 1859 65
Brazilian 5 per Cent
Do.l per Cent. 1352