The Sun.
London, England, 1869-04-16 00:00:00

_._---,
140NEY MARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.
c o uen°t,ll s9ol3si; are 038 3 for money; ditto, for Ac-
Three per Cent. Reduced, 911 1 ;
New Three per Cents, 914 1 ; Exchequer Bills
£l,OOO, 6 from.; ditto £lOO, £2OO, and £5OO,
3 prem. ; Bank of England Stock, 4 per Ceut.,
241 39i.
India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 114 131 ; ditto 4 per
Cent., Oct., 1888, 1008 1 ; ditto Bonds £l,OOO.
15 ; ditto under £l,OOO, 10 prem.
In the Foreign Market Italian, Mexican, and
Turkish Five per Cents. have declined I. The
quotations are follows : —Greek, 111 12 ; Mexican,
141 ; Italian Five per Cents., 551 I; New Spanish
Three per Cents., 30+ 1 ; Turkish Five per Cents.,
401 I ; Russian Carkoff Loan, 77 ; and Honduras
Railway Loan, 82 83. The new Guatemala Loan
is quoted 1 01 dis,
The Danubian Commission Guaranteed Loan is
1, 1 prem.
In the Railway Market Caledonians and
Great Ersterns are 1 lower; Great Northern, 1 ;
ditto A
Midl ; Lancashire, ; Metropolitan, ;
and, 1; Sheffield, 1 ; South Eastern,
--all lower. The prices are as follows :—Cale-
' 781
781 ; Great Western, 491 50 ;
Great Eastern, 39! 8 ; Great Northern, 107 ;
Sheffield, 561 7 ;
103 ; 1081 9; Lancashire, 123 1 ; Metropolitan,
ditto Extension, 101 2 ; Midland, 1161. I ;
Brighton, 48 1 ; North British,
35 1 ; North Western, 1151 16 ; North Eastern,
102'
; South Eastern, 764 71 ; Chatham and
Dover, 17 1
American •5-20 Bonds are marked 811 811 ex
coupon ; the 1885 Bonds 701 704 ex coupon. The
Ten-Forty Bonds are 73
shares :i to 74, Erie Railway
remain at 234 24, and Illinois Centrals un-
changed at 961 97.
. Atlantic Telegraph Original stock is 25 26.;
the
3Eight per Cent. Preference shares remain at
221 2
31 L2i. and Anglo-American Telegraph shares at
No transactions in bullion took place at the bank
Yesterday,
The arrangement of the half-monthly account
passed off in a satisfactory manner, although late
Aia the day there was a general scarcity of money.
remarkable feature was the amount of stock
Which changed hands, although business during
the last fortnight has been said to be of such an in-
significant character. It is believed that the most
part arranged was of a speculative kind, and that
the easiness of rates for money has enabled stock
to be temporarily placed.
The committee on the London, Chatham, and
Dover Bill has been again adjourned till Tuesday
There is reason to apprehend that although
among the 17 firms of solicitors engaged in the
affair something like a unanimous desire is now
professed to secure a general arrangement, t his, as
regards a few of the number, merely springs from a
sense of the public odium likely to be incurred by
any one who might openly appear to be actuated by
professional greed.
The return from the Bank of England for the
Week ended the 14th of April gives the following
results when compared with the previous week :
Rost X3,119,261 ... Increase ... £5,903
PuLlie deposits
Other deposits
On the other side of the account :
Government semi-
ties ............. X15,020,798 Increase ... 50000
1,110,759
Other securities 17,369,894,,,, Decrease
Notes unemployed 7,102,020 ... Decrease ... 162,760
The amount of notes in circulation is £23,787,985,
being a decrease of £186,045 ; and the stock of
bullion in both departments is £16,968,722, showing
a decrease of £256,383 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 :

At Present. Same Week
last Year.
Bullion
R 8,180,737 ... 11,247,185
Notes in circulation 23,787,985 ... 24,464,C95
Rate of discount
Consols
French Routes
The following is the official return of the cheques
and bills cleared in the Bankers' Clearing-house for
the week ending Wednesday, April 14 :
Thursday, April 8 £12,339,000
Friday, April 9
Saturday, April 10
Monday, April 12
Tuesday, April 13
Wednesday, April 14 8,876,000

£65, 027,000
We are informed that the whole 'length (3,600
miles) of insulated wire or core for the French
Atlantic Telegraph Company's cables, to be laid in
the ensuing summer between Brest, St. Pierre, and
the United States, was completed yesterday, at the
telegraph Construction and Maintenance Com-
pany's works.

A consignment of 10,500 tins of mutton, pre-
pared by the Melbourne Meat Preserving Com-
pany, arrived in the ship Red Jacket, from Mel-
bourne.
A prospectus of a Dutch Railway Loan for Java
has been issued in Amsterdam. The nominal
amount is 11,000,0001, in bonds of 1,0001 or
500 d., bearing 4f per cent. interest, and the sub-
scription price is 95 per cent. The total is reim-
bursable at par in 35 years by annual drawings,
and both interest and principal are guaranteed by
the Dutch Government. The subscriptions are to
be received to-morrow (Friday), Saturday, and
Monday, in Amsterdam, Brussels, and Antwerp.
A dividend of 28. in the pound is announced for
the creditors of the National Provincial Marine In-
surance Company.
It is stated that great surprise is felt in Prussian
commercial circles at the postponement of the pro-
posed reduction in the rate of postage between
Prussia and England. Prussia has not only esta-
blished a penny post for the whole of Germany and
Austria, but recently concluded postal treaties with
the United States, Italy, Sweden, and Holland, to
which countries letters can now be forwarded at
very moderate rates. The postage for letters from
Prussia to England, however, still remains at the
high rate of 6d. (or 5 groschen) the /oz., if sent
via Ostend, an exception existing in favour of
letters sent to England from towns in the Rhenish
Prussian provinces, which letters, if directed via
Calais, and weighing ioz., are only charged 3/
groschen (4d.) The anomaly is also complained
of that a letter (}oz.) sent via Calais from Cologne
to London costs 3/ groschen (about 4d.), while
a letter of the same weight (ioz.) despatched from
London via Calais to Cologne is charged in Eng-
land 6d.

The Neue Freic Preis states that the conversion
of the Austrian National Debt into the new
Rentes is proceeding with unexpected rapidity,
and that it is calculated the total conversion will
be completed within four months. The Govern-
ment estimate that after a given time they will
duly pay the coupons of the new Rentes.
The adjourned meeting of the Van Diemen's
Landr Company is to be held on the 22d inst.
Ile fifth ordinary general meeting of the Austra-
lianlllortgage, Laud, and Finance Company
(Limited), will be held oil the 28th inst.

BRITISH FUNDS-CLOSING PRICES.

, tiOVEIiNMENT FUNDS.
" Per Cent. Consols Ditto for Account,
.... 03i 3
.....
3 NoW 3 per Cent. Reduced el 931 f
i
Now 2i per Cent
per Cent. Jan. 1894
911
Do. o per Con Jan. 1873
Annuities, SO yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885 —
(Roil Sea Telekrtipli), Aug., 1908 —
DoExchcqur Bill; .£l,olw, 2i per Ct.
.f5OO
Do.
£lOO & £.200 ..
Bank of Eugla.nd 5t0ck,..41 per Cent
o. opening
Canada 4 per Cent. Bonds ...................
Inter-Colonial (Mini um
INDIAN GOVERNMENT BEiCIIRITIEs.
India Mock, 10f per Cast., April 1874 —
Do. Opening, for Account -
Do. 5 per ()ma. July, 1880