The Sun.
London, England, 1869-06-01 00:00:00

CITY, Two o' C LOCK.
Consols advanced to-day, at 94 3i for money ;
ditto, for Ace unt, 921 2 ; Three per Cent. Re-
duced, 921 -a y ; New Tree per Cents, 921 a ; Ex-
chequer Bills £l,OOO, 2 dis. ; ditto £lOO, £2OO, and
£5OO, 5 dis. ; Bank of England Stock, 4 per
Cent., —.

India Stock, 10} per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1141 15 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Enfaced Paper, 4
per Cent., 92 ; 5 p,r Cent., —; ditto
Btinds under £l,OllO, —.
'There are no particular changes in the Foreign
Stock Market, as compared with the unofficial
close last evening. Egyptian are in demand, but for
Ens dm there is less inquiry. The prices current
are as follows :—Brazilian, 801 to 811; Egyptian,
1864, 86} to 87} ; ditto 1868, 771 to 771.; Viceroy's
Sven per Cents., 801 to 811 ; ditto Nine per
Cents., 931 to 931 ; 56 to 561; Tobacco
Loan, 86 to 87 ; I'eruvian, 791 to 791 ; Orel-
Vitebsk, 79 to 791 ; Nicolas, 631 t 641 ; Mose
771 to 781; Charkof, 77-;', to 771 ; Spanish, 231 to
2$ ; and Turkish Five per Cents., 41 to 411.
Uuitei States Five-Twenty Bonds are a 1 better
at 804 to 81. Erie Shares are 19, and Illinois 96.
Bank Shares arc not in much request, and prices
generally are without change. Agra (A) shares are
firm, at 101 to 101. Alliance is steady, at 13 to
14 ; Anglo-Austrian, 18 to 19 prem.; Chartered
Mercantile, 31 to 32. _

The dealings in Foreign Mining Shares are very
limited, and no particular change is marked in
prices. St. John del Rey is quoted at 15k to 158 ;
General Brazilian, 3-16 to 5-16 rar ; Chontales,
to 11.
Continental Railway Shares are without feature.
Great Luxemburg is quoted at 91. to 10 ; and Lom-
bardo-Venetian at 191 to 191.
A fair business is doing in English Railway Shares
and the general advance which occurred yesterday in
prices is well maintained. Metropolitan Extension
shows a further improvement of 1, at 961 to
971 ; South-Eastern, -I-, at 76 to 761 ; and London,
Chatham, and Dover 1, at 14! to 17i. On the other
hand, a decline of 1 is marked in Caledonian, Great
Western, and Midland, the quotation being 76,1 to
77i, 49 to 491, and 76 to 761 respectively. Great
Eastern is steady at 37,;, to 38 ; Great Northern
(A), 1071 to 1081 ; Lancashire and Yorkshire, 123
to 1231 ; London and Brighton, 451 to 46 ; Lon-
don and North Western, 1171 to 118 ; and Metro-
politan, 991 to 100.
In Miscellaneous Securities business is very quiet,
and prices are not much altered. General Credit
is lower, at 2to 14 dis. ; International is steady,
at 2 to 11 dis. ; National Discount, 11 to 111.
Hudson's Bay is inquired for at 121 to 121 ; and
Anglo-American Telegraph, 211 to 214.
The sum of £113,000 in gold was taken to the
Bank yesterday.
The Essex, from Melbourne, has brought £BO,OOO.

Z he Copernicus, for Brazil, has taken out £lO,OOO.
Some expressions from the Chancellor of the Ex-
chequer on Thursday last seemed to create an idea
of a tendency to antagonism on the part of the Go-
vernment towards the Bank of England. He spoke
of taking an independent course by borrowing and
lending under plans not yet matured, designated
the Bank as a merely " private banking institu-
tion," and almost indicated that the power of that
establishment is attributable to a fancy on the part
of the merchants " to set up a sort of monarch over
them to whom they pay deference." Happily these
phrases do not necessarily involve any intentions
materially to disturb the star; of existing re!ations.
Many people still imagine that the bank enjoys
great privileges and derives especial ad .-antages
from Government favour. The fact is, there is
no part of the national business transacted by the

Bank in which the terms of the contract are not
more in favour of the public than of the Bank—
the result being that whereas other joint-stock
banking establishments distribute dividends year
after year, ranging between 15 and 30 per cent.,
the Bank proprietors take only about 8 per cent.
It is true they are conscious of a stability in
these dividends, which is a compensation for their
relative smallness, while, on the other hand, the
Government get all the benefit allowed in consi-
deration for the dignity and steadiness of the
ager cy thus conferred. Neither party could break
up the sptein without damage, and it is not to
be supposed there is any thought of such a step.
It is stated that the scheme of arrangement be-
tween the shareholders and creditors of the Com-
mercial Bank Corporation of India and the East,
under which all litigation is to be stayed, and the
creditors are to accept 17s. in the pound in dis-
charge of their claims, has received the sanction of
the Master of the Rolls.
In Mincing-lane business has been upon a limited
scale in most articles, but several floating cargoes
of sugar have been sold for outports, and the
quarterly auctions of cinnamon have passed off
with fair spirit. The variations in prices have not
been important.
The South-Eastern Railway traffic return shows
this week a decrease of £1,375 compared with the
corresponding period of last year, and the Brighton
a decrease of £2,527. The corresponding week of
last year included Whit-Sunday.
The traffic return of the Great Western Railway
of Canada, for the week ending the 28th instant,
shows an increase of £1,359 over last year.
At the meeting of the Trust and Loan Company
of Upper Canada a dividend was declared for the
half-year at the rate of 8 per cent. per annum.
At a meeting of proprietors of the lonian Bank
the directors' report was agreed to. The net profit
for 1868 was £21,130, out of which two dividends
and bonuses, amounting to £17,736, have becu
paid. The reserve fund stands at £53:621.
The directors of the Britannia Fire Association
have announced that the whole of the second issue
of shares (10,000) have been allotted.
At the meeting of the Madras Irrigation and
Canal Company the directors' report was adopted.
It mentioned that the operations of the company
in India have lately attained to a highly satisfac-
tory state, and that the whole of the works between
Soonkasala and Cuddapah are expected to be com-
pleted between the time specified in the contract
with the Secretary of State in Council.
The General Court of the Royal Exchange As-
surance Corporation will be held on the 23d of June
" to consider of a dividend."
In connection with the affairs of the Grand
Trunk Railway of Canada, a circular, signed by
111 r. Albert Creak, of Brighton, and by about a
dozen other gentlemen, has been addressed to the
stock and bond holders, inviting them to combine,
with a view to bring about a change in the manage-
ment. Those interested are urged to attend ;he
meeting at the London Tavern on the Bch of
June.

BRIT ISDI FUNDS-TWO O'CLOCK•

GOVERNMENT FUNDS.
3 t
_or. Cent. Consols
Ditto for A cco Int, July 7
!, per Cent. Reduced 92t i i
","W 3 per Cent
, 2 W 2} per Cent. Jan. 1894
Do. 5 per Con .1 an. 1873
Annuities, SO yrs, exphe sth Jan., 1880.
Do. for 30 yrF, expire sth April 1885 -
Do (Rod Sea Tolevaph), Ang., 1908.,,
Lxelicqu!-,r Bills, £l,OOO, 21 k 3 per Ct.
Do £lol', .£-.i.t', & .C5OO —
Bank of England Stock, 9} per Cunt
DP. opming, —
el'aftia 4 pt!r Cent. 11.)nd.;
Intor-Coloni,:l 011111111 in

INDIAN GIOTERICALENT SECURITIEF.
Iridia tocll-, 10f per Cant., April 1874
Do. Opening, for Account --
UV. per c„ut. July, ISBO
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. linfaced Pape' 4 per CAnt....... 92
De. 5 per Cert., Jan. 1872 ~....7- —
Do. 51- per Cent. May 1879 —
D) 5 per Cent., Ilup. Deb. 1872 —
Do do 1877 —
Do. do. 1882 —
h... Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cent., £l,OOO ...
Do. under .£l,OOO
FOREIGN FUNDS—TWO O'CLOCK.
AI gentiue Republic, 8 per Cent
Atl)tria.n Bonds 5 per pout .. —
Do. 1509 •Itiiiiii .-7.