The Sun.
London, England, 1869-02-25 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
At the weekly meeting in the Bulk parlour no
alteration has been made in the rate of discount.
Consols are 921 3 for money ; ditto, for Ac-
e)unt, 93 ; Three per Cent. Reduced, 938
New Tree per Cents, 932 4 ; ditto 21 per Cent.,
Jan., 1891, 71:1 ; Exchequer Bills, £l,OOO, 21 per
Cent., par 3 dis.

India Stock, 10} per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1121 4 ; ditto 4 per
Cent., Oct., 1888, 102'1 ; ditto Enfaccd Paper, 5
per Cent., 106 ; ditto 5 per Cent., 1111 ; ditto
Debentures, 5 per Cent., 104.

In the Railway Market Metropolitans are
better. Prices are as follow :—London and North-
Western, 118} to 41 ; Great Western, 488 to 49 ;
Midland,:l2ol to 1211 ; London and South Western,
91 to 93 ; Great Eastern, 37i, to 388 ; Brighton,
508 to 4 ; South Eastern, 811 to ; Metro' olitan,
1051 to 105 i ; Great Northern, 112 to 113 ; ditto
A, 111 to 114 ; Caledonian, 771 to 771; Lon-
don, Chatham, and Dover, 16i to a ; and Sheffield,
541 to 1.

In the Foreign Market Italian, Egyptian, Peru-
vian, Spanish, and Turkish are k too per cent.
lower, but Brazilian has advanced 4. The quo-
tations are as follows :—Brazilian of 1865, 83!
to 84 ; Chilian of 1867, 94i to 948 ; Egyptian
of 1864, 888 to 89 ; ditto of 1868, 758 to 76} ;
Italian of 1861, 561 to 8 ; ditto of 1866, 4 to f
prem., ex shares ; Mexican, 154 to f ; Peruvian
of 1865, 781 to 1; Russian of 1866, 93 to 91 ;
ditto Nicolai, 661 to 67 ; ditto Charkof-Azof, 834
to 811 ; ditto Charcow-Krementschug, 80f to 81 ;
ditto, Orel, 82i to i ; ditto Moscow, 80k to 1 ;
Spanish of 1867, 321 to ; Turkish of 1858, 67}
to 683 ; ditto of 1862, 664 to 671 ; and ditto of
1865, 421 to 41.
United States 5-50 Bowls are 79k to 8 prem.,
being a rise of f. Erie and Illinois Central have
declined Ito 1, viz., to 24 to f, and 96f to 97 re-
spectively. Atlantic and Great Western Deben-
tures, 344 to 351 ; and the Consolidated Mortgage
Bonds, 354 to 36k.
In Bank shares the prices are as follows :—City,
111 to 12 ; Imperial, 164 to 171; London and
County 51k to ! ; London Joint Stock, 32k to
London and Westminster, 641 to 651; Union of
London, 361 to ! ; Anglo-Austrian, 15 to 16 prem. ;
and Imperial Ottoman, 28 to
In Miscellaneous Shares little doing. General
Credit, 111 to 18 dis. ; National Discount, llk to I ;
International, 18 to dis. ; Hudson's Bay, 13}
to k ; Telegraph Construction, 19 to 1; Atlantic
Telegraph Eight per Cent. Preference, 4} to ;
and Anglo-American 221 r to.
No bullion operations of importance took place
at the Bank. _ _

The Norfolk; from Melbourne, has arrived with
£57,500.
At the meeting of the Southampton Dock Com-
pany a dividend of 2.} per cent. was declared for
the past half-year, making 5 per cent. for the year
The failure is announced of Mr. George Black,
manufacturer, of Nelson, near Colne.
A meeting of the creditors of Messrs. W. S.
Sawyer and Co., of Manchester, whose failure was
reported on Monday last, has been held. The lia-
bilities were stated to amount to Z 13,720, and the
assets to £7,890. Four assignees were appointed
to wind up the estate.
At the annual general meeting of the National
Life Assurance Society the assurances for the year
were stated at £159,920, yielding in premiums
£4,874.
The telegram from Lisbon to the effect that the
Portuguese Government at length contemplate a
settlement of the claims of the South-Eastern of
Portugal Railway caused an improvement of
yesterday in Portuguese stock. The treatment ex-
perienced by that company during the past two
years has been a fatal blow to the credit of the
country, and all interested in her progress will
rejoice if better counsels have at length prevailed.
The unsatisfactory state of the trade of Lanca-
shire leads to the daily announcement of small
failures. The stoppage of Mr. George Black, a
manufacturer, was notified yesterday.

A new company is proposed at Melbourne, in
the place of the late Panama and New Zealand
Mail Steamship Company, to run between Eng-
land and Melbourne, via the Cape of Good }tope.
It is considered possible that powerful vessels
may accomplish the voyage in forty-five days.
The proposed capital is £600,000 in 60,000 shares
of £lO each.

At the meeting of the Southampton Dock Com-
pany the report was adopted, and a dividend was
declared for the half-year of £2 10s. per cent., pay-
able on the 9th &larch proximo, being at the rate
of £5 per cent. per annum.
The traffic returns of the Cape Railway for De-
cember last amounted to £4,119, against £3,436 in
the corresponding period of last year. For the six
months ending 31st December the total receipts
have been £19,834, against £19,441, in the corre-
sponding half of 1867.
The traffic return of the Grand Trunk Railway of
Canada for the week ending the 6th inst. shows an
increase of only £5l over last year. It is announced
that " the falling off is caused by heavy snow-
storms."

The half-yearly meeting of the Mediterranean
Extension Telegraph Company (Limited) is called
for the 4th of March, " for the transaction of the
ordinary business of the company, and the con-
sideration of other important matters to be then and
there brought forward."

The ordinary general Ineetjno. of Renter's Tele-
gram Company (Limited) win be nem on we 11 Lli
March, when a dividend will be declared.
Creditors of the North Wales Coal, Iron, and
Fire Brick Company (Limited) are required to send
the particulars of their claims to the official liquida-
tor by the Ist of April, the 15th April having been
appointed by the Master of the Rolls fur adjudicat-
ing upon them.
The report of the directors of the Danube and
Black Sea Railway and Kustendjie Harbour Com-
pany (Limited), to be presented to the general
meeting on the 26th inst., announces a continued
growth of the traffic receipts, and anticipates a
continuance of it, as the greater part of last year's
yield of Wallachian grain has yet to come forward.
It has been necessary to spend a sum of £14,484 on
additional warehouses and other works, and the
greater part of this has been temporarily provided
out of current revenue in place of calling up the full
amount of the bonds placed.

BiITIBII FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account,
1 per Cent. Reduced 931 i
New 3 per Cent
New 2 per Cent. Jan. 1894
Do. 5 per Con Jan .187 3
Annuities, 30 yrs, expire sth Jan., 1880 —
Do. for 30 yrsl expire sth April 1885 —
Do (Red Sea '1 elevaph), Aug., 11'08 —
Exchequ7,_•r Bills, £l,OOO, 2?,- per Ct.
Do. £5OO
Do. £loo4it £2OO
Bank of England Stock, 4 per Cent
Do. account .
Canada 4 per Cent. Bonds
Inter-Colonial Omnium •
iNDUN GOVERNMENT SECURITIES
In lia S'tock, 104 per Cent., April 1874...
Do. Opening, for Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enlaced Pape, 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 6i per o,,it. May 1879 llll
0J spc - Cent., -Rup. Deb. 1872 —
- Do do, 1877 —
Do. do. 1882 —
• .