The Sun.
London, England, 1869-05-13 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Consols are 921 f k for-- money; ditto, for Ac-
count, 921 -13,- 3 ; Three per Cent. Reduced, 91k I ;
New Three per Cents, 91 I ; Exchequer Bills
£l,OOO, —; ditto £lOO, £2OO, and £5OO, ;
Bank of England Stock, 4 per Cent., —.
India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1141 I ; ditto 4 per
Cent., Oct., 1888, 1001 a ; ditto Enlaced I'aper,
4 per Cent., 91 ; ditto Bonds £l,OOO, 3 prem.
The weekly meeting of the Bank directors has
passed off and no alteration in the official rate of
discount made.
I❑ the Foreign Market stocks are dull, with the
exception of Mexican Bonds, which are higher,
12), 13. Italian Five per Cents. and Turkish Five
pin. Cent. Bonds have receded /, to 56 561 and
421 421 respectively. New Spanish 'Puree per
Cents. have declined 3-16, to 28k 28k, and Greek
Bonds are I lower, at 10 101.
The llouduras Loan is steady at 82 to 84 ex
coupon.
In the Railway market Great Western are 1,
Great Eastern, +, Great Northern 1, ditto A I,
Lancashire I, Metropolitan f, Midland 1, and
North Britlfsh I lower ; but Brightons and
North Westerns are higher. The prices
are as follows :—Caledonian, 77f to 8 ; Great
Western, 471 ; Great Eastern, 37k ;
Great Northern, 105 k to 106 ; ditto (A), 106 to 7 ;
Lancashire, 122 to I ; Metropolitan, 1011 to I :
ditto Extension, 97 to 9 ; Midland, 111 to ;
Sheffield, 53 to f ; Brighton, 46 to I ; North Bri-
tish, 33f to 4 ; North Western, 115 to ; North
Eastern, 103 to f South Eastern, 75 to f; Chathain
and Dover, 16. to 4.
American Ten-Forty Bonds have improved f,
to 71f 72. TLe Five-Twenties and Bonds of
1865 have declined about to 781 79, and 764
761 respectively. Eries are in demand, at a rise
of 21 per cant., the quotation now being 21 21k.
Illinois Centrals have declined f, to 951 95-. t.
Atlantic.: Telegraph Original Stock is 23 24, the
Eight per Cent. Preference Shares are 3i 31, and
Anglo-Atne►ican Telegraph Shares, 22/ 22/.
In Miscellaneous and Banking Shares prices arc
as quoted yesterday.
The annual general meeting of- the shareholders
in the National Provincial bank was held to-day.
A dividend was declared for the half-year, which,
including bonus, was at the late of 21 per cent.
per annum.
The sum of £121,000 in gold was taken to the
Bank yestei day, and 10,000 sovereigns were with-
drawn for India. The transactions of the week
since the last return have resulted on balance iu an
influx of £53,000.

The Copernicus, from the River Plate, has
brought i 6,550.

The Bank of Holland has yesterday raised its rate
of discount from 3 to 3i per cent.

It appears that owing to the extraordinary infla-
tion of the Americo' irn ort trade the Customs' re-
ceipts for the fiscal year, ending the 30th of June,
are expected to be the largest on reccrd. It is
thought they may reach £40,000,000, or about four
millions in excess of the estimates. At the same
time the internal revenue receipts are likely to
reach £30,000,000, or £32,000,000, which will be
fully up to the most sanguine anticipations.
Rumours having been circulated that large em-
bezzlements have been eormnitted by a clerk Li a
London private bank, it may be as well to mention
that the firm referred to is that of Messrs. Smith,
Payne, and Smiths, and that the amount is be-
lieved to be about £13,000. It is said that the de-
falcations have Leeu going cn for three years.
Advices from Manchester announces the failure
of Mr. C. Bennington, manufacturer, of Audley
Bridge, with liabilities estimated at about £9,000.
Au extraordinary general meeting of the Cale-
donian Railway Company is called for the 21st
inst., at Glasgow, " fur the purpose, if thought
expedient, of appointing, a committee of share-
holders to aid the directors in endeavouring to
settle differences with the North Milli Railway
Company."

The annual meeting of proprietors of the London
Bank is convened for the 31et just.

The French Atlantic cable is now completed with
the exception of aLout 170 miles, and the whole
will he ready in the course of next week. It
arranged, therefore, that the Great E:isteru with
the attendant vessels shall leave Sheerness on the
10th of June, calling to coal at Portland, whence
she will proceed to Brut, where she is expected
to arrive on the 20th. nom Brest she will im-
mediately start for St. Pierre off Newfoundland,
while two other shits will sail fur St. Pierre direct
to lay the portion of the line between Sc. Pierre
and lluxbury, Massachu,etts. The land line from
Duxbury to New York is alrealy in course of con-
struction.

Railway traffic returns show an increase in Mid-
land of £5,369 ; and in London and North-Wes-
tern of £4,016. The traffic of the Great Western
shows an increase of £370. The traffic of the
London and South-Western exhibits an increase of
£lO3. The return of the Great Northern Rail-
'r.'ay exhibits a decrease of £1,549. In the case of
the Great Eastern the increase is £1,075. The re-
turn of the London, Chatham, and Dover Railway
exhibits a decrease of £2l. The receipts of the
Metropolitan Extension of the London, Chatham,
and Dover Railway show an increase of £54.
Messrs. J. Morgan and Co. notify that the Scrip
Certificates for the Bonds of the New Spanish Loan
will be delivered on and after the 18th inst., in ex-
cllauge for the receipts held by the allottees.
At the meeting of Liebig's Extract of Meat Corn-
Pally a dividend was declared of 6 per cent.,
together with a bonus of ss. 6d. per share, both
free of income-tax.

A meeting of the cre litors of Mr. Charles Ben -
ington, manufacturer, of Audley Bridge, near
Blackburn, has been held. The liabilities were
stated to amount to £9,200, and the assets to
£7,246. A proposal to pay 10s. in the pound in
two instalments was made, but declined.
The report of the Land Mortgage Bank of India
(Limited), to be presented on the 21st instant,
states that, although on this occasion the profit and
loss account shows a balance of only £l,lOB, the
position of the bank has materially improved, and
that its progress towards a more sound condition,
although gradual, has been decided and substantial.
They state also that no call will be necessary during
the present or ensuing year.

BRITISH FUNDS-CLOSING PRICES.
GOVERNMENT FUNDS.

8 per Cent. Consols
Ditto fur Account,
S per Cont. Reduced 9ll f
New 3 per Cent
ow 2/ per Cent. Jan. 1894
Do. 5 per Con Jan. 1873
auities, 80 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Tele6raph), Aug., 1908 —
Exchequ".r Bills, £l,OOO, 2i 21 per Ct —
Do £5OO
Do. £lOO & £2OO
Bank of England Stock, 4/- per Cent
LIG. opening
Canada 4 per Cent. Bonds
Inter-Colonial Ommuna
INDIAN GOVERNMENT SECURITIES.
India‘itOck, 10i per Cont., April 1874 —
Do. Opening, for Account -
Do. 5 per Cout..luly, 1880
Do. 4 per Cent., Oct. 1888
Do. CertiticateS
Do. Eufaced rape. 4 per Cent..
Eo. 5 per Cert., Jan. 1872
o. 5i per Cent. May 1879
DJ sp€ Cent., flop. Bob. 1872
Do du 1877
Do. do. 1882
D.,. Deb., 5 per Cant., Aug. 1873
Do_ Bonds, 4 per Cent., 11,000
)o. under £l,OOO

FOREIGN FUNDS—CLOSING :PRICES.
Argentine Re' unite, 6 per Cent .... ...... 76: i 7i
Do., Scrip 445 paid ..
kunnan Ittnes 5 per cent
Do.
1859 —
11rtzilian D 5 1 or Cent —
Do.
o.
Id;ent. 165'2 —
Do. o. 1858 —
Du. do. 186
o. do., 1866 —
Do. 5 per Cent., 1665
1n) Account 781
11.zenos Ayrem. 6 per Cont.
Do 2 per Cent. (Deferred 3 per Cent.) -
C4b ay 6 per Cent. -•

(Lillian 6 per Ce-,t
!•c+. 43/4 per Cent...,.. - -
Do. 3 per Ceid.,
I o. 6 per ce• t. 1867
7 per Cent., 18C6
'7l lo übian, 6 per Cent.
Dan'sti, 3 per Cent. 1825
Dan,,i.ian Principalities, 7 per Cent —
Do 8 per Cent., 1867
k'qua33r New Consolidated, 1 per Cent.
E ; $1- tian, 7 per Cent
1:-)3 SO:Mid issue
00..C01i1. Bonds
Do. 1O) Bonds
1111•6.
Do . 1851 0000000000000 30•1006.

Do. Account,
Do. £C U 0 Bonds
Do. £IOC Bonds —
English Serip,:lB6B MI i
Do do. ..£-15 pd —
Governivent Railway Debviitures
Gramc 5 per Cunt., 1824 5, es Coups
Do. Account , .
Do. Convene -

Do. Accvaut
taiewitla 5 per Cent .
Honduras Gov Rail. Loan., 10 p. et., all pd 83
It +jam 5 per Cu. t., 1660
Do. Account •

Do Mareminana Railway ---
%lesican 3 per Cent
Ditto for Account
Dn. 1864 —
Do g per Cont. Anglo-French —
4outevid9an 6 per Cent. .. —
A c:rish Imperial 5 per Cent -
Vow Granada lBl 171
Do 3 per Cen 3Bl
Do. Deferred
Peruvian 5 per Cent. 1865
Do Account „ 76 1
Do 41 per Cent. (Ul:tiarren)
Do 41 per Cent.. 1862 -.... . •
Do Account
Portliguese 3 per Ct., 1853,'6, 7, '9,'6e,'Y.'- 341
Do. do. 1F67 —
Do. do. Scrip, £2O pail —
ltassian 5 par Cont., IB2z, .E, St
Do 41 per Cent . 1850
Do 41 per Cent., 11,60
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do do, Scrip — Pr-
Do. Anglo-Dutch, 1864, £lOO Bonilt.:. 871 81
Do. d.. £B4 los. d 0...
Do., 1866, £lOO Bonds
Do. do £B4 15s. do —
l'o Nicolas Railway —
Sardinian it pt•r Cent —
Spanish 3 per Cen ......... . 30.1
Do. Accffunt
Do. 1867
Do. Account
Do. New Deferr,o
Do. Account ,
Do. Passive
Do. Coin. Cert. of Cow,. not funded
Do. Account
Swedish Provincial Mortgage Loan —
Do Government, 1864
Do do, 1868
Turkish 6 pc-r Cent.
Do Account
Do 6 per Cent. 1858 •••
Do Account
Do £lOO Bonds —
Do 6 per Cent., 1862 65 6
--
Do Account
68 61
Do £lO Bonds
Do 5 per {.:eat.. 1865
421-
I
42i
D.) Account

Do 6 per Cent., 186 a —
Do 4 Der Cent., Guaranteed -
Do Land Warrants (klectai es)
Venezuela 3 per Cent. —
Do. Acc.-ant
Do 6 per Cent., 1862
Do 6 per Cent. 1864
Dividends on the abore payable in 'Loudon
lustrisn a par Cent. Ex 10 Florins ...
Belgian. 4} per cent., Fa. 25f.
Dutch •4 per (`ens. Ex. 12 Gni!, —
Do. -1 per Cent. Certificates ..... B-i

Do. Account
b per °Ant. 1531, E. 4sf.
Do Account
CLOSING PRICES.

OonsoN, Mouoy
92i
Do. Account, Juno 1

111ARKE7 S-71.1.1S 1).1 Y.

LIVERPOOL COTTON MARKET.
May 14.—Sales probably 8,000 bales. The market

very steady.

Is'ATIONAL CHOR.IL SOCIETY.

Last evening the members of this society, under
the dircc ion of Mr. G. W. Martin, gave a splen-
did performance of Handel's magnificent oratorio
" Israel iu Egppt." Mr. J. G. Boardman presided at
the organ, and Miss Arabella Smyth, Aliss Palmer,
Madame Rally Barrett, and Mr. Pl. Mason under-
took the chief vocal parte. The orchestra was full
and efficient, and the choir consisted of 700 voices.
"The Hailstone Chorus" and " The Lord is a
man of war," w!,ich was sung by the gentlemen of
the choir, were both warmly encored. All Mr.
Mason's recitatives, especially " For the horse of
Pha:aoh," wire very effectively iewlered ; but in
the air, " Tie enemy 6..6.1," he seemed t.) get
nervous, and to this nervoisnesi must beiattributed
the fact that his rendering of this air was not in
all respects satisfactory. Madame Barrett had
very little to do, but that little she did well. The
chief weight of the performance therefore fell upon
Miss Palmer and Miss Arabella Smyth, and they
acquitted themselves of their task in au admirable
manner.

STATE OF 7RA DE.

MANCHESTER, Tuesday, May 11.—The quiet
state which has characterised this market for the
last few days has continued to-day, but without
any increase of depression, and, although lower
prices have been taken than those which would have
been accepted in the middle of last week; the facili-
tics for selling have been rather better than they
were on Friday. In consequence of recent move-
ments in the money market last week, which gave
rise to some anticipations that a further immediate
advance iu the Bank rate of interest might take
place, this market assumed rather an irregular and
uncertain appearance on Friday last, and very little
business was the result. Yesterday, the feeling of
uneasiness had somewhat abated, as the Bank
directors met and separated without making any
further advance. There was, however; no improve-
ment in the demand for either yarn or cloth worthy
of being recorded. To-day the market has remained
dull, and, although in some cases lower prices have
been submitted to, a slightly more cheerful tone has
prevailed. Buyers have made a few more in-
quiries, but they have not led to any important
transactions. Last week a moderate business was
done in yarns suitable for China, which has con-
tributed to the steadiness of those yarns to-day,
although spinners are more willing sellers than they
were last week.

HUDDERSFIELD, Tuesday.—There has been an
unusually small attendance of buyers in our mar-
ket to-day, and a very limited amount of business
has been transacted in all departments. The de-
mand for light goods for the country trade has been
much restricted of late by the continuance of cold
weather. During the week business haS been quiet
in the merchants' warehouses here, few buyers
from some wholesale houses having been in attend-
ance. The export trade also continues very quiet,
and the demand for low woollens and unions is still
very slow. Manufacturers of firzt-class fancy
trouserings and coatings keep for the most part well
every
department
a r operateuel
employed with orders for winter goods. There has
only been a very limited business doing in the local
inwool trade. I n viewi
of
wthitehcgurreraetntcasualteiosn.
in London,
manufacturers
LEEDS, 'Tuesday.—Business
--t
ofß utsriandees,s
buyers
rbeen n
ivery quietmeeting
immediate wants. In
I
only a moderate attendance
oloofu r etude Ir Icahlalntthse. re
The
looked up were meltons in the
new styles and a few tweeds. Plain cloths of good
quality were very slow of sale, as was also black
unions
and fancy coatings. In the white market there
was a little business done in hair-lists. Douegals were
also less in demand than has recently been the case.
Rates were very irregular, and though stocks are
not heavy, the tendency of pric,:s are in favour of
the purchaser. There are but few buyers in the
town, and these evidently buy only from hand to
mouth, or to supply theunsAves with samples of the
articles ;likely to be in demand for the forthcornin,
seasons. A few meltons and tweeds in dark shades,
changed Fancy coatings and plain cloths of
g
went incidentally into consump-
tion. d qualityl hands. I'
only
The clothiers throughout the district con-
tinue to restrict production, and many of the mills
are running short time.

We hear that the Prussian Government proposes
to foun.l at Yo..oliania, in Japan, a German hospital to re-
ceive invalids fto:n European vessels. The project has
been authorisud by the local authorities in that country.
DuNvILLE and, Co., Belfast, are the largest
holders of Whisky in the world. Their Old Irish Wlxisky is ra
commended by the medical profession iu preference to French
Brandy. Supplied in casks and CabOS for home use or exports
Um. Quotations on application to .3lesErs. Danville and Co.
Belfast; or 4, Beaufort-buiPlings, Strand, L'udon, W.(,-; --(Ad-
vertisement.