The Sun.
London, England, 1869-05-14 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY", Two O'CLOCK.

. ,
Consols arc 92i 4 f for money; ditto, for Ac-
count, —; Three per Cent. Reduced, 911
New rnree per Cents, 918 f; ditto 5 per Cent.,
1048; Exchequer Bills £l,OOO, —.
India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 114; f ; ditto 4 per
Cent., Oct., 1888, 100 i.
The corn market continues dull at Monday's
prices.

In the Foreign Market stocks are film, at a rise
of a in Turkish and Peruvian Five per Cents. ; and
Italian Five per Cents. and New Spanish Three
per Cents, are * better. The quotations are :
Italian 56,1 56i ; Turkish, 421 43i ; Peruvian, 761
761 ; Mexican, 121- 13 ; Greek, 10 11 ; and New
Sp.kuish, 288 28k.
. .

American- Five-Twenties Bonds are better, at
788 781, and the Ten-Forties, at 711 al. The
Bonds :of 1885, however, are unchanged, at 761
764. Erie Railway Shares remain at 201 204, and
Illinois Centrals at 951 961.
Atlantic Telegraph Original Stock is 23 24, the
Eight per Cent. Preference Shares are quoted 31
31,and Anglo-American Telegraph Shares, 22i 221.
_ .

The Honduras Loan is steady at 82 to 84 ex
coupon.

In the Railway market Caledonians are I, Great
Westerns if, Great Northern A I, Brighton 1,
North British and South Eastern 4 better ;
Great Eastern are lower, Great Northern,
Metropolitan I, Midland North Eastern 4 lower.
The sum of £60,000 in gold was taken to the
Bank yesterday.
Letters from Frankfort state that the unexpected
advance iu the Bank of England rate, coupled with
the pre-existing anxiety as to the Alabama affair,
caused a degree of alarm on the Bourse, which sent
the prices of American bonds down 3 per cent. in
a few days. At this decline large purchases have
been made, but chiefly on speculative account, as
investors at present keep aloof.
The two Banks recently started at Munich have
issued their shares; those of the Vereins-Bank
command a premium of 15 per cent.; the Ilandels-
Bank of 5 per cent. The threatened stamp tax on
bonds continue to engross general attention, and
Baron Rothschild, the Frankfort Deputy to the
North German Parliament, has left for Berlin,
where, from his authority on such questions, it is
hoped he may succeed in averting the stroke
" aimed by the Junker ratty agaiust the commerce
of the country," since the great industrial would
suffer as much as the baliking establishments from
the measure.

At a meeting of the European Assurance So-
ciety the report stated that the premiums on the
new life and guarantee policies of the 3 ear
amounted to £40,676, and that the grcss revenue
was £363,502.

The report of the Land Mortgage Bank of India
states that all the financial requirements of the
bank to the cnd of the current year, and, indeed,
to the 30th of June, 1870, have been provided
for by funds already in London, or in course of
remittance from India, and that no call will be ne-
cessary during the present or ensuing year. The
directors " still consider that the gross of the
bank's losses in respect of principal will certainly
fall within £172,000, as estimated in last year's
report.

the report of the Buenos Ayres Great Southern
Railway for the year ended the 31st of December
shows that, while £13,487 was required in the year
1867 from the Government to make up the gua-
ranteed net revenue of £49,000, only £79 was re-
quised for the past year. A dividenl at the rate of
7 per cent. per annum was declared, leaving £l,llO
to be carried forward.
At the meeting of the Metropolitan Assurance
Society yesterday the new assurances for thi year
were stated to have amounted to £195,700, yield-
ing in premiums £7,019. The gross income is
£185,260, and the invested funds are £1,258,239.

At the 35th annual IneetiJg of the Universal Life
Assurance Society, held this day, Mr. John Farley
Leith, in the chair. The new policies effected in
th.i past year were stated to have amounted to
S-343,070, producing new annual premiums to
£15,472. The gross income of the society is
£156,278, and its invested funds £813,775. A re-
duction of 50 per cent. in the premiums for the cur-
rent year was declared by way of annual cash
bonus to the policy hollers.
The return from the Bank of England for the
week ended the 12th of May gives the following
results when compared with the previous week :
est ....... •. . • .£3 151 939 Jncrease ... £22,086
PuLlie -
deposits. ....
5,680,834 ... Increase ... 564,032
Other deposits 17,465,098 ... Increase ... 1,537,311
On the other side of the account :
Government securi-
ties.,,,,,,otor £14,070,798 ... Increase ... 5 0,00.0
securities )9 303 841 ... Increase 1,721,459
/Totes unemployed 6,774,775 ... Increase.'..• 269,780
The amount of notes in circulation is £23,619,970,
being a decrease of £385,595 ; and the stock of
bullion in both departments is £16,563,389, showing
a decrease of £18,607 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 Rentes with the corresponding week of
last year :

At Present. Same Weeklast Year.
Bullion .... £l6 563 889 ... £20,291,388
Reserve ............... ..
“ 7
'943:419 ... 11,312,9 M
Notes in cir ..... ''' tio. '' : 23'619 970 ... 23,978,430
Rate of discount "4l ' per cent.' ... 2 per cent.
Consols .... - 921, 94;
Freuell Reales'
The following is the official return of the cheques
and bills cleared in the Bankers' Clearing-house for
the week ending Wednesday, May 12 :
Thursday £10,917,000
Friday
Saturday...
Monday 8,582,000
Tuesday
Wednesday 8,69,000

£59,776,000

BRITISH FUNDS-CLOSING PRICES.

GOVERNMENT IrtrxDs.
8 per Cent. Consols
Ditto for Account,
3 per Cent. Reduced 1
91
New 3 per Cent
ew 2} per Cent. Jan. 1894
Do. 5 per Cen Jan .187 3
Annuities, SO yrs, expire sth Jan. 1880 —
Do. for 30 yrs, expire sth April 1885_
Do (Red Sea Televaph), Aug., 1908
ExchequDr Bills, £l,OOO, 2i 2; per Ct 8 dig par
Do £5OO
Do. £lOO & £2OO
Bank of England Stock, 4} per Cent
DR. opening
Canada 4 per Cent. Bonds
Inter-Colonial Uranium

INDIAN (lOVERNMENT SECURITIES.
India Ttock, 104 per Cent., April 1874
Do. Opening, for Account --
Do. 5 pur Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent.. ... 9l
Do. 5 per Cent., Jan. 1872 ws —
Do. 54 per Cent. May 1879
DJ 5 per Cent., Rup. Deb. 1872 —
Do do 1877 —
Do. do. 1882 —
D;... Deb., 5 per Cent., Aug. 1873
Do. ponds, 4 per Cent., £l,OOO
Do. under £l.OOO

FOREIGN FUNDS—CLOSING P7R TES'
Argentine Republic, t; per Cent ...
Do., Scrip £45 paid ..
luitrian Bonds 5 per cent —
Brazilian 550 per Cent 1859 65
Oa. q per Cent. 1852
Do. do. 1858.... ... . —
De. do. 186'
Do. do., 1863 —
Do. o per Cent., 1865
1
Uo Account 7B 9
11 Z'enos Ayres 6 per Cent.
_, Do 2 per Cent. (Deferred 3 er Cont —
Uttlot, 6 per Cent. p )
(Lillian 6 per Cent - - Do. 3 per Cent.,
1 0. 6 per cert. 1867 96
Po. 7 per Cent. 1866
0 lo 11bl:in 6 per bent.
Danish, 3 per Cent., 1825 .......
Daurqdan Principalities, 7 per Cent —
Do 8 per Cent., 1867. _
rquador New Con
Esolidated, 1 pc-r Cent
yt- :tint) 7 per C'ent.,..,..
DO '4,cooli IS6o
O, .. IJ, 45(1! -
. !:01118 .......
...
D0...£100 Bonds
Do. .
....................... ••• •
1804
....

Do. Account
Do. £5OO Bonds
Do. Ll OG Bonds B6i
English Serip,:lB6B 7si i
Do do. £45 pd — die
Government Railway Debentures
Greek 5 per Cont., 1824 5, ex Coups..., —
Do. ioccunt
Do. Coup,'on
.... .

Do. Acc'iunt
ritiaterualn 5 per Cent . _
Honduras Gov Rail. L 0605 —
an., 10p. Ct., all pd 814
1 t ii io. Accountansper Cert.,. i 8
Do Mxrearmulna Railway —
Slosiettt 3 per Grit
Ditto for Account —
Dn. 1864
Do g per Cent. Anglo-French
• ontevidtozo. 6 per Cent.
. —•
4c 7.risb tmperial 5 per Cent •••••••.••
e'en--
Granada
Do 3 per Con —
Do. Deferred ............
Peruvian 5 per Cent. 1865
Do Account
.. 76 i 1
Do 41 per Cent. (130,arren)
Do 41 per Cent.. 186.2 .. —
Do Account
Port,guese 3 per Ct., 1653,'6, 7, '9,'6tt,'2,'3
Do. do. 1867 —
Do. do. Scrip, £2O paid —
Ltassian 5 tier Cent., 182'2, £ Si
Do 41 pei• Cent . 1850
Do 41 per. Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do do, Scrip — pit_
Do. Anglo-Dutch, 1864, £lOO Bondc BBl
Do. do. £B4 15s. do —
Do., 1866, £lOO Bonds BB4
Do. do £B4 15s do —
Do Nicolas Railway 631 3
Sartiniau S per Cent —
Spanish 3 per Cen . —
Do. Account .
--
Do. 1867
Do. Account
Do. New Deforreo
Do. Account
Do.. Passive —
Do. Corn. Cert. of Coup. not funded
Do. Account
Swedish Provincial Mortgage Loan
Do Government, 1864
. _..
Do - do, 1868
Turkish 6 per Cent.
Do Account
Do 6 per Cent. 1858 —
Do Account

Do £lOO Bonds .
Do 6 per Cent., 1862
Do Account
Do .£IOC Bonds 671
Do 5 per Cent. 1865
Do Account
Do 6 per Cont., 1865 . 65 /
Do 4 por Cent., Guaranteed
Do Laud Warrants ()lectures)
Venezuela 3 per Cent.
Do. Acc• ant
Do 6 per Cent., 1862
Do 6 per Cent. 1864
Dividends on the above payable iu Loader,
Austrian a per Cent. Ex 10 Florins
Belgian, 41 per cent., Ex. 25f.
Dutch 2i per Cent. Ex. 12 Gail
Do. 4 per Cent. Certificates .....
Do. Account
French lientes, 3 per Cent.. Ex. 25f.
Italia', 5 per Cent. 1831, E:z. 25f.
Do Account
CLOSING PRICES.
Jonsols, Money
Do. Account, June 1 b2l I

TB E E 1-1 C CIL E.S 1 S C 0 211 P-4 N Y
(L 1.11 /TEl)).

At the Mansion house this morning the whole of
the directors of the late Hercules Insurance Com-
pany (Limited), appeared to answer certain charges
made against them.
Mr. Lewis, when the cas.! was called on, said that
his lordship, after careful inquiry and consideration,
and upon sworn testimony, had granted sum-
monses against the defendants, for an offence
under the Companies Act, 1862, bat on the pre-
vious evening he had received a communication
from the Shareholders who had put him in motion,
requesting him to withdraw the summonses, and
with his lordship's sanrtion he now wished that
course to be adopted.
The Lord Mayor said that as to evidence was
offered, he bad, of course, no alternative but to
allow the matter to drop.

POLICE INTELLIG CE.-7 his Day.

MARLBOROUGH-STREET.

BASE INGRATITUDE.—CharIes Forester, a tailor, was
charged before Mr. D'Eyncourt with unlawfully pledging
goods belonging to Mr. Westwood, a boolmaker, of Car-
naby-street.
Mr. Westwood said that he entrusted the prisoner
with some cloth to ma'ie up, but instead of doing so
the prisoner called on him some days afterwards and
said he was very sorry, but that he ha I pledged the
cloth. He (prosecutor) redeemed the cloth, and again
gave it to the prisoner to make up, but instead of
doing so the prisoner again pledged it, and absconded,
and after a great deal of trouble he ascertained that the
prisoner was at Reading. He had given notice at the shop
of Miss Isabella Fleming, pawnbroker, in Brewer-street
where the cloth was pledged the second time for
them not to give it up to any one if they called for
it, but after the notice had been treated very
lightly by the persons at Miss Fleming's they gave
it up to 60M3 person who called for it Win.; sent by the
prisoner. He had to complain of the treatment he met
with at Miss Fleming's, and thought they were very
much to blame in giving up the cloth after his request-
ing them not to do so, so that he might find who had
pledged it, and after telling them to put his name and ad-
dress on the ticket in their possession.
Mr. D'Eyncourt said he thought the p3rsona at Miss
Fleming's were to blame in the matter.
The prisoner pleaded guilty.

Mr. D'Eyncourt said the prisoner's conduct was very bad
after the kind treatment he had received from Mr. West-
wood, and he would have to pay £3, or two months in
default.