The Sun.
London, England, 1869-05-10 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Consols are 92i 1 1 for money; ditto, for Ac-
e mut, 921 4 ; Three per Cent. Reduced, 90i- j ;
New Three per Cents, 901 i ; Exchequer Bills
£l,OOO, ; ditto £lOO, £2OO, and £5OO, 5 dis. ;
Bank of England Stock, 4 per Cent., —.
India Stock, 101 per Cent., April, 1874, 2111 10 ;
d tto 5 per Cent., July, 1880, 1041 14 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Enlaced Paper,
4 per Cent., 911 ; ditto Bonds £l,OOO, —; ditto
under £l,OOO, 5 dis.
In the foreign market the Tobacco Loan is 11
higher, Nicholas 4, Peruvian and Spanish 1, Por-
tuguese, Moscow, and Charkof 1 each ; Egyptia❑
(1868) and Turkish Five per Cent. each, and
Italian 1. The other prices are as follows :
Egyptian (1864), 841 to 851 ; ditto (1868),
74 to 7.41; Viceroys' Nine per Cents. 95 to
96 ; ditto Seven per Cents., 771 to 781 ;
Italian, 551 to 56 ; Tobacco Loan, 851 to 861 ;
Peruvian, 751 to 761; Portuguese, 341 to 34 ;
Russian (1862), 83 to 84 ; Orel-Vitebsk, 77 to 78;
Nicolas, 63 to 64 ; Moscow, 78 to 79 ; Charkof,
741 to 751 ; Spanish, 28 to 284; Turkish Five
per Cents., 41i to 411 ; ditto Six per Cents., 641
to 65.
American 5-20 Bonds are 1 per cent. higher, the
price being 781 to 781 ; Erie Shares are 1 better,
at 171 to 181; and Illinois 1, at 941 to 951.
In the railway share market prices shoW no varia-
tion. Midland is k better at 111 to 1111, and Great
Western and Great Eastern are also each 1 higher,
the former being marked at 471 to 471 ; and the
latter at 37 to 371. Caledonian is quiet, at 771 to
771; London, Chatham, and Dovor, 16 to 161 ;
Loudon and North-Western, 114 to 1141 ; South
Eastern, 7-4 to 75 ; Metropolitan, 100 to 101;
and ditto Extension 95 to 96.

In Bank Shares Imperial Ottoman have improved,
and are now 1 to 21 prem. Agra is quoted at 10; to
104 ; Alliance, 131 to 141 ; Anglo-Austrian, 18 to
19 prem. ; Chartered Mercantile, 301 to 31 ; Con-
solidated, 41 to 44 ; London and Couniy, 501 to
51,1; London and Westminster, 64 to 65 ; Lon-
don Joint Stock, 321 to 331 ; and Union of Lou-
don, 354 to 361.
General Credit and International shares are I
lower, the former being to 1i die., and the latter
21 to 1i dis. National Discount is unaltered, at
11 to 111.
Hudson's Bay shares are quiet, at 121 to 12k.
The sum of £62,000 was withdrawn from the
Bank on Saturday for Brazil.
The Bangalore, for Bombay, has taken out
£17,600. The Saon, for the Cape of Good Hope,
will take £lO,OOO.
The Peninsular and Oriental Steam Navigation
Conipany have announced an accelerated mail com-
munication with Japan. Their steamers will hence-
forth run fortnightly from Hongkong to Yokohama
and vice versa direct, instead of via Shanghai, as
heretofore. The Hongkong and Shanghai mail
service will be continued as at present. The gain
by this arrangement will he five days on the home-
ward passage and two days on the outward passage.
At a meeting of parties interested in the Erie
Railway Company, held in the city on Saturday,
communications were received from the followit:g
among others, expressing willingness to co-operate
in obtaining united action ou the part of the Euro-
pean shareholders :—Messrs. William Brown, Lich-
field ; C. Borthwick, Austinfriars ; Thos. Thomas-
son, Bolton ; Mr. H. J. Trotter, Bishop Auck-
land ; J. S. Stitt, Liverpool; Henry Rawson, Man-
chester ; A. G. Dallas, Beaufort-gardens, London ;
and James aWatson, St. Vincent-place, Glasgow.
The immediate object of this movement will be to
obtain some reliable information respecting the
Company's affairs and a voice in the management
commensurate with the very large interest now held
in England and on the Continent. Persons willing
to assist are to send their names to Mr. J. Denman,
5, Austinfriars.
Some figures compiled by the Austrian Board of
Trade show the great increase which lik.s occurred
in postal communication, owing to increased faci-
lities and more complete orgauiz ition. In the year
1860 the number of letters which passed through
the pest-offices of Austria amounted to 356,906,622,
and in 1867 it was 480,549,152, being an increase
of os'er 123 millions in one year alone.

I❑ consequence of the rise in the value of money
the demand for silver in the East has almost
Ceased. It is computed that in the course of the
next week or ten days about £400,000 in Australian
gold ought to wive, and will probably be sent
into the Bank of Eagland.
The Council of India will receive tenders on the
19th inst. for bills on Calcutta and Madras to the
amount of £350,000.
The sixth ordinary general meeting of the pro-
prietors of the English Bank of Rio de Janeiro
(Limited) will be held on the 24th inst.
The annual meeting of the Marine Insurance
Company will be held ou the 24th of June.

With reference to the various Brazilian loans, the
numbers are published of 3,319 bonds, amounting
to £405,000 which have been cancelled, and the
halves of the cancelled bonds deposited at the Bank
Of England.
At an adjourned meeting of the creditors of
Messrs. W. Dickenson and Sons, of Blackburn, who
recently failed, it was resolved to accept a composi-
tion of 12s. 6d. in the pound, payable by half-
yearly instalments of 2s. 6d. each.
The Traffic Receipts on the Railways in the
United Kingdom, for the week ending May 2,
amounted on 13,496 miles to £779,807, and for the
corresponding week in 1868 on 13,308 miles to
£747,898, showing an increasing of 188 miles and
of £31,999 in the receipts. The gross receipts on
the 14 principal lines in the United Kingdom
amounted for the week on 9,816 miles to £650,055,
and for the corresponding week of last year on
9,647 miles to £625,654, showing an increase of
169 miles and of £24,401 in the receipts. The
receipts on 52 other lines in the United Kingdom
amounted on 3,680 miles to £129,849, and for the
corresponding week of last year on 3,661 miles to
£122,242, showing an increase of 19 miles and of
£7,598 in the receipts. The total receipts for the
past week, as compared with those of the preced-
ing one, ended 25th April, exhibit an increase of
£16,612.

BRITISH FUNDS-CLOSING PRICES.

GOVERNMENT FUNDS.
3 per Cent. Consols
f
921 I I i
Ditto for Account,
9.01 j
/
3 per Cent. Reduced
New 3 per Cent
ew 2i per Cent. Jan. 1188974
Do. 5 per Cen Jan. 3,, 1880 —
Annuities, 80 yrs, expire
Do. for 30 yrs, aspire
,-„ Aug., 1908 —
irestshthArJitinliBBs —
Do (Red Sea Teleh,rapu,), b
d
Exottoqu7.r Bills, .£l,OOO, 221
Do
.£5OO
Do. £lOO St £2OO ,
21 per Ct —s
Bank of England Stockp
05. opening
41 per Gent
Canada 4 per Cent. Bonds
_—
later-Colonial Omuuttn
INDIAN GOVERNMENT SECURITIES.
India stock, 10} per Ceut., April 1814
u. Opening, for Account I
114 i 14
Do. 5 per Uent. July, 1880 2111 12 10D
Do. 1 per Cent, Oct. 1888
Do. Certificates
91i
Do. E. nfaced I'a ei 4per Cent....
Do, o i l'' P
, • , per err 02t., Jan. 187/ .... ~. "°. oi per (.11t. May 1879 —
DJ DoerP Cent., Rup. Deb. 1872 —
Do. du
1877 —
188
DDo. uund
u. Bilds, 4 per Cont., .£l,OOO
er .El.OOO
FOLEIGN FUNDS—CLOSING PRICES.
Ar ;eutine Rapublte, t; per Cent ... -
, Do., Scrip 4.45 paid .. .
nuttn Bonds 5 per Cent .
Do. 1;t59
Brizil:r.n 5 per Cent
13. li 12er Cent. P 152 —
Do. do. 1858 —
Do. do. 186'
Do. d
1863 _
~
1)0. 5 lero Cent., 1865
_ '}t' Account ........ .
_
.13euos Ayres 6 per Cent. ..
Du 2
ilba., 6 per Cent. p 1,,e1 Cent. (Deft 3ar Cent.)
„C _
u-,,,:1n 6 per Cent _
,-,. 4i uer Cent..„. ..... “...,—•
Do.
D 3 per Cent.,
D. 6 per 18G7
o. 7 per Cent., 1866 -