The Sun.
London, England, 1869-03-31 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Consols are 92i 3 for money ; ditto, for Ac-
count, 93 ; Three per Cent. Reduced, 94 4 ;
New Three per Cents, 91i i ; Exchequer Bills
£l,OOO, 1 prem. ; ditto /100, £2OO, anelsoo,
1 prem. ; Bank of England Stock, 4 per Cent.,
239.

India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1121 ; ditto 4 per
Cent., Oct., 1888, 1004; ditto Enfaced Paper, 5
per Cent., Jan., 1872, 105 ; ditto Bonds under
£l,OOO, 9 prem.
In the foreign .market there is a rise of 1 in
Italian Five per Cents., and a fall of 1 in New
Spanish Three per Cents., at 551 554, and 311 311
respectively. Mexica❑ Bonds remain at 141 1 ;
Greek, 11l 12 ; Turkish Five per Cents., 411 411 ;
Charkoff Azof, 77+ 774 ; and Honduras Railway
Loan, 85 87.
The Danubian Commission Guaranteed Loan is

f, 1 preen.
In the Railway Market the quotations are as
follows :—Caledonian, 78+ to 9.1 ; Great Western,
501 ; Great Eastern, 371 ; Great Northern,
107 k 8f ; ditto A, 109 I ; Lancashire, 122+ 3; ;
Metropolitan, 103 1; Midland, 117 f ; Shef-
field, 57+ ; Brighton, 48+ 91 ; North British;
35 36 ; North Eastern (Berwick), 102 '3 ; South
Eastern, 76 I ; and London, Chatham, and Dover,
164 16+.
American Five-Twenties and Bonds are 83} 4
and •82 respectively ; the Ten-Forty, 761 74 ;
Erie Railway, 241 25 ; and Illinois Central rennin
remain at 964 97. _

The Banking and Miscellaneous Shares remain
unaltered.

The mortgage debentures of the Trouville Asso-
ciation are quoted to 11- prem.
The following are the proportions of gold and;
silver specie brought by the Royal Mail steamer
Douro from the West Indies, viz. : Silver,
£102,022 ; and gold, £122,693, giving a net total
of £224,715.
The steamer Poonah, with the heavy portion of
the India, China, and Australian mails, brings
specie and gold to the value of £26,860.
Messrs. Baring Brothers and Co. have received
the following remittances on account of New
Grenada dividends, viz. :—From C. H , of Santa
Marta, £2,451 ss. 9d. ; ditto, Cartagena, £BOO ;
ditto, Bagota, £10,822 Bs. 2d.—total, £14,073
13s. 11d.

The mail from Guayaquil has brought a remit-
tance of 1930 at 90 days' sight, on account of the
dividends on the debt of Ecuador.

The impression mentioned a short time back that
the excessive importation of United States Bonds
into Europe would soon cause gold to be sent to
New York from this side has been realised, and
a total of £207,000 in American coin was this
afternoon withdrawn from the Bank for that
destination.

The question of the return of bills in the case of
the Portuguese Government has created consider-
able comment. The financial condition of the
country must indeed be bad when such things are
allowed to take place. The frequent changes in the
Government have something to do with this. There
can be no confidence, either in a political or pecu-
niary sense, when these movements are so con-
stantly recurring. The transactions associated
with the South Eastern of Portugal Railway ; the
recourse to temporary loans ; and this fresh
dilemma of returned engagements, should at once
induce the authorities at Lisbon to take measures
vigorously to rearrange their expenditure.
The Credit Foncier of England (Limited) have
convened a meeting for the 6th of April, to obtain
authority for au issue of £200,000 8 per cent. de-
bentures, redeemable with a bonus of 10 per cent.
between January, 1870, and July, 1872. The
object is to preserve in the most profitable manner
the interest held in the Belgian Public Works
Company and in the Siagne Canal, lately acquired
from the Irrigation Company of France.
At the half-yearly meeting of the Caledonian
Railway at Glasgow, a dividend at the rate of 3;
per cent. per annum on the ordinary stock was de-
clared, subject to the legal proceedings still pending-
The annual meeting of the Royal Mail Steam
Packet Company is convened for the 28th of April,
to receive the directors report, and elect new

directots.
At a meeting of the Rio d.! Janeiro City Improve-
ment Company (Limited) a dividend was declared
at the rate of 5 per cent. per annum.
At the meeting of. the City Offices Company
(Limited), the directors' report, which referred to
an increase in the gross rental, to the success of the
Lombard Exchange and News Rooms, and to the
" certainty" of an early dividend, was adopted.
The export trade of the United Kingdom attained
in the year 1866 a point far in excess of any pre-
♦ious totals. In 1867 a diminution of 4 per cent.
occurred, and last year there was a further reduc-
tion of about 1 per cent.—a very moderate fall-
ing off compared with that which might have been
expected from the general symptoms of restricted
business observable since the panic, especially when
allowance is made for the reaction in the prices of
raw material, which constitute a material element in
the declared value of our shipments. Of the aggre-
gate of £179,463,661 about 28 per cent. was to our
own possessions, and it is a remarkable instance of
steadiness that, although the total to these posses-
sions is nearly fifty millions, the extent of variation
between the amounts of 1867 and 1868 has been only
£20,047.
The Metropolitan Railway traffic return shows
this week an increase of £2,852 over last year.

BRITISH FUNDS-OLOSING PRICES.

ti OVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account, 93
3 per Cent. Reduced 9ll i
Now 3 per Cent
New 2j per Cent. Jan. 1894
Do. 5 per Cen J m 1.1873
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 2} per Ct.
Do £5OO
Do. £lOO & £2OO 1
Bank of England Stock, 4 per Cent 239

Da. opening —
Canada 4 per Cent. Bonds
Inter-Colonial Omni=
INDIAN dOVERNMENT 6ECCHITI.I3b
India F:tock, Ulf per Cent.; April 1874...
Do. Opening, for Account -
Do. 5 ow Cent. July, 1.880
Do. 4 per Cent., Oct. 1888

Do. Certificates ••.
Do. Enlaced Papri 4 per ()Aut.....
Do. 5 per Cert., Jan. 1872 .
Do. bf per Cent. May 1879

Da 5-pir Cent., Rup:Deb. 1872 —
Do do 1877 —
Do. do. 1882 —
D... Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cent., £l,OOO
De. under fl.OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
Do., Scrip £45 paid ** •. —
Auitnan Bonds 5 per cent ... —

Do. 1859
Brazilian 5 per Cent —
Do. 4/ par Cent. 1852 •
Do. do. 188....• —
Do. do. 186 ) —
Do. do., 1863 7l
Do. 5 per Cent., 1865 —
Do Account BOl
B•ienos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 8 per Cent )
Caso, 6 per Cent.
(Lilian 6 por Cent —
Do. 4/ per Cent —
Do. 3 per Cent., ......
I'o. 6 per ce•.t. 1867 95
I'o. 7 per Cent., 1866
Colo abbot, 6 per Cont.
Dan'sh, 3 por Cent., 1825
Dan )bian Principalities, 7 ler Cent
Do 8 per Cent., 1867
t'qua,lor New Consolidated, 1 per Cent.
E cyptian, 7 per Cent.... •••
Do Second Issue •• •••81
Do. /5',A, Bonds —
Do. .ZlOO Bonds
Do. 1864
Do. Account
Do. .C5OO Bonds
Do. .£lO6 Bonds 9l/
English Scrip, 1868 76f *
Do do. £45 pd — die
-- - - • _

Government Railway Debentures 97
Greet 5 per Cent., 1824 5, ex Coups —

Do. Account
Do. Coupons
Do. Account
Guatemala b per Cent ..
Honclurao Cloy. Railaioan., 10 p. .ot., all pd