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

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The Bank directors made no alteration in the
rate of discount at their weekly meeting to. day.
Business is very flat, and prices have in some in-
itances receded. The demand for money in the
Market is good, but there is plenty to be had at 41-
and 5 per cent.
Consols are now at 931 to 93a for money;
litto, for Account, —; Three per Cent. Re-
duced, 91i ; New Three per Cents, 91i ;
Exchequer Bills £l,OOO, March, 5 prem. ; June,
10 prem. ; ditto £lOO, £2OO, and £5OO, March,
Par ; June, 10 prem. ; Bank of England Stock,
41... per Cent., 237 i.

India Stock, 10f per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1151 ; ditto 4
Per ' "cut., Oct., 1888, 1001 ; ditto Enfaced Paper,
4 per Cent., ; ditto 5 per Cent., Rup., 1882,
105. ; ditto Bonds £l,OOO, '23 prem. ; ditto under
£l,OOO, 25 prem.

In the Foreign Market Stocks contiue firm.
Turkish (1865) is I higher ; ditto (1862), ; awl
Peruvian Five per Cents., and Spanish New nree
per Cents., i each. The quotations are now as
follows :—Turkish (1865), 421 to 421; do. (1862),
661 to 671 ; Spanish New Three per Cents., 261
to 261; Peruvian Five per Cents., 821 to 83 ;
Argentine Six per Cents., 831 to 831 ; Egyptian
Seven per Cents., 86 to 87 ; ditto (1868), 761 to
771; Italian, 521 to 53 ; Mexican, 13 to 13i ; and
Russian Five per Cents. (1822), 87 to 88.

The Portuguese Loan is firm at prem.
In the Railway Market Metropolitan opened at
831, then went to 82j, and are now 82/, a decline
of 4 ; Midland, at 118 ; Lancashire and Yorkshire,
at 1241; London and Brighton, at 43k; Great
Western, at 56 ; London, Chatham, and Dover, at
164 London and North Western, at 119 i ; Cale-
donian, at 81i ; Great Eastern, 361; and South
Eastern, 77.

American Five-Twenty Bonds are lower, at
821 to 831 ; Erie Shares are 191 to 20, being a fur-
ther fall of 4 ; Illinois, 98i ; Atlantic and Great
Western Bonds, 25 to 26 ; and ditto Debentures,
26 to 27.

Lombardo-Venetian is marked 19 to 19k ; and
Great Luxembourg, 12 to 121-.

In Bank Shares there has been a fall off in
Imperial Ottoman, the price being 2} to 2! prem.
Agra (A), 101 to 11 ; Alliance, 121 to 131 ; Anglo-
Austrian, 7 to 9 prem. ; Chartered Mercantile, 32
to 33; Consolidated, 44 to 41 ; lcuperial, 161 to
17 ; London and County, 48 to 49 ; London and
Westminster, 581 to 594 Oriental, 41 to 42 ; Lon-
do❑ Joint-Stock, 311 to 321; and Union of London,
37 to 38.
Anglo-American Telegraph is 20i to 20i; French
Cable, 161 to 16: ; Telegraph Construction and
Maintenance, 32 to 321 ; General Credit, 14 to 1
dis. ; International Finance, 2 to 14 dis. ; and
:National Discount, 104 to 114.

No bullion was sent into or withdrawn from the
Bank yesterday. Since the date of the last return
247,000 has been withdrawn, on balance, for ex-
portation.

The suspension is announced of Messrs. Negro-
ponte Brothers and Co., Greek merchants, of
Liverpool, with liabilities computed at £30,000.

At a meeting of the creditors of Messrs. Louis
and Son, merchants, of Manchester and Bradford,
the liabilities were computed at £44,633, and the
net assets at £11,179, showing a deficiency of
£33,454. A committee of investigation was ap-
pointed.

A special meeting of the Ottoman Railway Com-
Pany will, be held on the 19th instant, " to receive
the report of the directors on the negotiations
with the Imperial Ottoman Government for the
Payment of the guaranteed interest due to the
company."
With reference to the West Flanders Railways
it Is notified that the dividend coupon at the rate
of ss. 9d., or 7f. 18ic. per share, for the half-year
ending June 30, and the coupon on the preference
shares, at the rate of ss. 6d., or 6f. 87ic., will be
Payable on the 15th inst.

A general meeting of the proprietors of the Bank
of British North America is convened for the 7th
of December.
An extraordinary meeting of the Trust and Loan
Cornpany of Upper Canada is called for the 30th
Inst., to declare a dividend.
The usual ad interm dividend of 4 per cent. for
the last half-year is advertised as payable on the
new shares of the Anglo-Romano Gas Company on
the 16th inst.
The directors of the Hudson's Bay Company
have issued their report, in anticipation of the
Ineeting called for the 23d inst.
At an extraordinary meeting of the European
Assurance Society, held yesterday, a committee of
shareholders was appointed to confer with the direc-
tors, and to report to an adjourned meeting, to be
held on the 18th inst.
The British Indian Extension Telegraph Com-
paq (Limited) have given the order for the manu-
facture of their cable (to be laid between Ceylon
and Singapore), accompanied by the necessary pay-
Inent, to the Telegraph Construction and Mainte-
nance Company (Limited).
A new company, with a mixed French and Eng-
lish direction, and entitled the Berlin Great Market
and Abattoirs Company (Limited), has issued its
appa-
rently beingsectu sin Paris, where applications are
invited for £200,000 of obligations,
the share capital consisting of an additional
100,000 in £2O shares. The object is apparent
from the title ; and it is stated that the City of
Berlin, which contains a population of nearly
800,000 inhabitants, is most inadequately provided
with the facilities which this company proposes to
supply. The chairman is Sir George Bowyer,
,
Jun.
A telegram from Florence states that of the
2,000,000 of the Italian domain loan reserved for
Italy
(the lists for which were opened on the 4th),
'1,800,000 in.d been subscribed. Considering the
anxiety occasioned by the illness of the King, the
teSult thus far was regarded as very favourable.
It is now reported that the £2,000,000 loan con-
templated to be raised by the Metropolitan Board
a! Works under the bill of last session will be in a
Per cent., and not a 3i per cent. stock, as was
at first rumoured. The existing debts of the
150ard are about eight millions, and they require
t"0 millions in addition, thus raising their total
nabilities to ten millions. This amount, according
to the provisions of the bill, may be constituted in
the shape of Consolidated Stock or Annuities,
charged indifferently on all the securities and
rating powers mentioned in the Acts hitherto
Passed authorising loans, so as to establish one fund
1. the interest and redemption of the whole. It
13may be called the " Metropolitan Consolidated
Mock," and is to be issued at such price and times
as the Treasury may approve. The Public Works
Commissioners may make advances on the Stock,
a21(1 the National Debt Commissioners may, in like
manner, select it for investment for the savings
'auks.

la
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g k'rOVERNMENT ELINDB.-,
per Cent. Consols
Ditto for Account, Dec. 1 —
i',(ll:er Cent. Reduced 914 4
ii w 3 per Cent
r ,21 Per Cent. Jan. 1894
Au "' 0 per Cen J ma.lBr 3
Ltuities, SO yrs, expire sth Jan., 1880 —
rlO. for 30 yrs, expire sth April 1885 lll
taco (Red Sea l'eloi,ritpli). Aug., tinid —
—e'l'oquzi• Bills, £l,OOO, 21 p. Ct. March 5
Do. 3 do. June
1)0
th, ZlOO, .£OO & £5OO par 10 pm
~.,' of England Stock, 41 per Cent
ctit. - • opening —
jura per Ceut. onds —
"O-Colonial Unuaßtun
144.1111)14•11 tiovEnNatENT 3 acuan It:b.
Da tock, 104 per Cont., April 1874 —
"`T-r. Oponitig, for Account .
5 per Uout.
Oct
11;1.
Lo' 1 Po'• Cent., Oct 10:8
o _eitthcates —
h°. t",ufaced Pain. 4 pct. Cent.. ..,.. •
7a.
...,0 .
....
' 'per Cent., Jan. 18, 2 c.., —
C p ik,nt. May 1879 —
') 1." lA,' Cent., Rup. Deh. IS7' -
; Jo
do 1-,; ;. ...... -
1.), i, , do. 1882 10513
L.)O • Do.
uu., 5 per Cent., Aug. 1873 .„ —
!A Boucle, .1 per Cont., £l,000
uuder .61,00 25