The Sun.
London, England, 1869-05-24 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx.
Consols are 93-1 for money; ditto, for Ac-
count, 938 ; Three per Cent. Reduced, 911 21;
New Tree per Cents, 911 1 ; Exchequer Bills
£l,OOO, 2 dis. ; ditto £lOO, £2OO, and £5OO, --;
Bank of England Stock, 4 per Cent., 2421.
India Stock, 14 per Cent., April, 1874, 212 ;
ditto 5 per Cent., July, 1880, 1141 ; ditto 4 per
Cent., Oct., 1888, 1008 ; ditto Enfaced Paper, 5
Per Cent., 1041 ; ditto 51 per Cent., 1091 ; ditto
Bonds £l,OOO, —.
In the Foreign market stocks are thin, Turkish
Five per Cents. showing a rise of 81 at 421 to 43 ;
Italian Five per Cent. Bonds I, at 56i to 561.
Mexican Bonds remain at 121 to 13 ; Greek Bonds
at 101 to 111 ; and New Spanish Three per Cents.
at 28a t 3 281.
In the Railway Market, Caledonians are 1
lower, and Great Western 1; Great Northern
A are 3 better, Lancashire 1, Metropolitan
Midland 1, Brighton -I-, North Western 1, and
South Eastern 4. The quotations are :—Ca'e-
douian, 77 77i ; Great Western, 481 49 ;
Great E astern, 374- ; Great Northern, 105
106 ; ditto A, 1071 108 ; Lancashire, 1221 123 ;
Metropolitan, 98 1 ; Midland, 1121 1 ; Sheffield,
541 4 ; Brighton, 45; ; North British, 34 1 ;
North Western, 116 1 ; North Eastern 1031 44 ;
South Eastern, 75} 4 ; Chatham and Dover,
161 17.
American Five-Twenty Bonds have receded
to 781 79 ; the 185 Bonds i, to 761 761 ; and the
Ten- Forty Bonds are 1 lower, at 701 701. Eries
have given way I, to 181 188 ; and Illinois Centrals
are 1 lower, at 94 to 95.
Atlantic Telegraph Original stock is 1 per cent.
higher, at 20 22 ; the Eight per Cent. Prefer-
ence shares are 31 31 ; and Anglo-American shares
22 221.
Bar gold amounting to £70,000 has been sent
into the bullion office of the Bank.
The Essex, from Melbourne, has arrived with
£72.000, and the Tanjore, from Alexandria, with
£186,000.
The Delta left on Saturday with £20,000 in
specie for Bombay.
It is announced that the directors of the Messa-
geries Imperiales intend to propose, at the ap-
proaching annual meeting, a dividend for 1868 of
50 francs, of which 20 francs have already been
paid on account.
Surprise is felt that no action has been taken by
any of the London banks to give a sense of security
to the large body of their customers who are in the
habit of intrusting to their care heavy amounts of
Property consisting of marketable bonds, &c. Some
weeks ago the Privy Council decided that a bank
receiving such deposits in charge is bound only to
exercise reasonable care, and that this does not in-
clude any requirement that it should guard the
depositor against robbery by the clerks or
porters who have access to his box, so that

in instances of the employment of persons like
Pullinger or Ifiggs they would be wholly without
re a
r"-Y• Great anxiety was manifested by the
financial community when the decision was pro-
Inalgated, and it was then asserted that the banks
Would forthwith take the subject into consideration
in order to establish some understanding on which
their customers might definitely rely. Is the
absence, however, of continued comment, the hope
seems to have arisen that the trouble may be
avoided, and that the question may be left in its
old groove until it shall have been ravived by some
disaster involving sudden loss or ruin to many
persons.

In the Chatham and Dover matter it is said that
strenuous efforts are aeing made to take the conduct
of the Chancery proceedings out of the hands of the
company's solicitor, and to place it in those of one
of the legal firms who are reputed alrea.ly to have
grown rich out of the complications of this un-
happy concern, the intention of course being to
press on the Chancery proceedings with increased
vigour in the face of the proposed arbitration which
has already passed the Ilouse of Commons. It may
be hved, however, that the vigilance of all the
leading interests, supported by the unanimous force
of public opinion, will be sufficient to prevent the
success of the attempt, and to secure an e..trly and
equitable solution of all questions by the kidgincnt
ni Lord Salisbury and Lord Cairns.
The following is au abstract of the Trade and
Revenue returns of the colony of New Zealand for
the quarter ended on the 31st December, 1868 :
rota' imports, £1,503,996 ; total exports, £862,813 ;
quantity and value of gold exported, 164,786 ounces
j quantity and value of wool exported,
1,706,589 1b5.—£96,511 ; ships entered, 238
!,799 tons ; ships cleared, 219-72,580 toes.
'4uropean population, by census of December,
,1867 :—Males, 133,022 ; females, 87,101—total,
2207123. Revenue, £375,874 Os. 1(1. Qu'in-
thty and value of wool exported in the year 1868,
28,875,163 1b5.—£1,516,548.
Referring to an improvement at Constantinople
111 the price of the General Turkish debt, the Le-
vant Herald of the 12th inst. says :—" This ft-
°°llrable reaction is mainly explained by the with-
drawal of a large quantity of stock by the Trea-
-44'7 syndicate—it is said the whole of the £BOO,OOO
(nominal) which is to form Sadik Facha's first in-
ts,talinent of amortised bonds ; and if this be so,
".effect on the market must be more than tempo-
l'ar'l3' beneficial,"
4. t therlalf-yearly meeting of the Dunaburg and
w teP•iir Railway Company the report stated that
the I
bet receipts for 1868 amounted to 341,077
.coUbles, showing an increase of 70,000 roubles over
the present year.
A. special general meeting of the Caledonian
~"'"llway Company has been held in Glasgow, Mr.lotnas
chairman of the company, in the
chair, when it was unanimously resolved to appoint
R
Committee of seven shareholders to aid the direc-
torB In endeavouring to settle the differences with
the North British Company. The meeting was ad-
journed till Friday, 4th June.

BRITISH FUNDS—CLOSING PRICES.
, ti OVE4NMENT FUNDS.
9 Per Cent. Consols
Ditto for Account,
3 per Cent. I:educed
91 934 t 2
New 3 per Cent
914 41
New 2} per Cent. Jan. 1894
Do. 5 per Con J an. 1873
Annuities, 80 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 _—
Do (Red Sea Tele6raph), Aug., 1908 --
kxchequ3r Bills, £l,OOO, 24 24 per Ct 2 dis
Do £lOO, £2OO, & £5OO —
Illtuk of England Stock, 4} per Cent
U 4. opening —
Canada... 4 per Cont. Bonds —
44tor-Colonial ()minium
v INDIAN dOTERNMENT SECURITIBP
441itt `4'ock, 104 per Cont., April 1874.....12
_
1),-,0' Opening, for Account
1144
~''''). 5 per Cont.
Oct
1880
1-,,,0. 4 pez. Cent., Oct. 1888
_
Lin. Certificates
Do. &listed Pape' 4 per Cent., —
1014
130. 5 per Cert., Jau. 1872 ........
D 1094 ,°. 5i per 0,71 t. May 1879
"3 per Cent Ru Deb 1872
•I P• •
Do do 1877 —
li,Do. do. 1882 —
-, Deb., 5 per Cent., Aug. 1873 „„ —
~-;oo..Blinonat,l?rs,l:4lpoerooCent., -£l,OOO
Pm
FORE lON FUNDS—CLOSING PRICES.
Arzg •
rsontaue Republic, 6
per
1,11"„ .1 Scrip .£45 p aid Cent
784 I
nrtan ltouds 5 per cent .
Ilrlei• Do. 1859 66
~.) ' lan 5 per Cent
3li Pf,,or Cent. 1852 —
Do,—
tio ,a, ' 1858.... .............
1), Z. 18G ' —
1)0. 5 -•I 1863 —
r) l'or Cont., 1865
ti , at Liecount
•••
ie),,0,? ayres 6 per Cent.
etii),, 4„ Per Cent. (Deferred 3 per Cont ',
°'';),l,-;:),;'44l3,,.t‘:l3)(pee'rreCfC):/tnt.t...,
D.
o 111
o'c).. 6:
. Perpo rr 1 'CC°:.)'n'tlit..,iBl(B;766
—.
, nlnan, 6 per
l'au,st, ~ Cent.
ba.o4,:tBillu:lP)7ineceipuatiitliBe2s,s7 per Cent —76l
p r Cent 1° ' quaio , t 67
1.1 • • r Now Con..3olidated, 1 per Cent
Sip bat, 7 -
u), , per Cent...
•••
_ . -seaed 18uo -120•.Co'ot, Bonds Vo. 41,00 BondS .
Do ....................... IIII••• ....
Lift notiolutommtept