The Sun.
London, England, 1869-05-25 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Consols have receded 1 to-day. They are now
93i for money; ditto, for Account, 93i ;
Three per Cent. Reduced, 91- 2 ; New Tkree per
Cents, 911 2 ; Exchequer Bills £l,OOO, 2 dis. ;
ditto £lOO, £2OO, and £5OO, ; Bank of England
Stock, 4 per Cent., 246.
India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1141 15 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Enfaced Paper, 5
per Cent., 1041 ; dit'o 5. pyr Cent., ; ditto
Bonds £l,OOO.
In the Foreign market Turkish Five per Cent.
Bonds of 1865 have receded and arc now 421
43 ; Italian Five per Cents. 1, at 56 561; and
Mexican Bonds are 1 lower, at 121 12 ; New
Spanish Three per Cents. remain at 284 284- ; Greek
Bonds at 10 11 ; and the Honduras Railway Loan
at 83 85.

In the Railway Share Market Great Eastern
have improved and Great Northern Al, Shetlie!,l
North British 1, and North Western 1. Metro-
politan are 1, Midland 1, and Great Western 1
lower. The quotations are as follows :—Ca'e-
donian, 771 774 ; Great Western, 484 491;
Great Eastern, 371 4 ; Great Northern, 105
106 ; ditto A, 107 108 ; Lancashire, 1221 123 ;
Metropolitan, 971 ; Midland, 1131 1; Sheffield,
54i 5 ; Brighton, 451 ; North British, 34 ;
North Western, 1161 7 ; North Eastern 103,i 41 ;
South Eastern, 753, 6 ; Chatham and Dover,
16i .1.

American Five-Twenties have fallen, the price
now is 78/ 78i; and the 18:55 and Ten-Forty
Bonds are unchanged, 761 761, and 701 70/ re-
spectively. Illinois Central Railway Shares have
risen :I, to 95 95k, and Eries remain at 181 181.
Atlantic Telegraph Original stock is 21 23 ; the
Eight per Cent. Preference shares are 3} 3} ; and
Anglo-American Telegraph shares 22 22f.
The amount of bar gold sent into the Bank yes-
terday was £170,000, making a total of £293,000
since the date of the last return. _

The Tanjore, from Alexandria, has brought
£106,000 in gold. The Essex, from Melbourne,
with £72,000, has not yet arrived.
Mexican dollars were disposed of yesterday for
China at 4s. 11id. per ounce, being id. lower than
On Saturday. Bar silver is quoted ss. " buyers."
Telegrams from New York in reference to a
suspension supposed to have taken place on the
other side of the Atlantic, state that the difficulties
Were
r Only
temporary, and that they were imme-
diatelysurmounted.
Ihe sports at Epsom will interfere greatly with
general operations this week. Already many mem-
bers of the Stock Exchange and the produce mar-
kets have left for the racas to-day. To-morrow,
the Derby, will be the national holiday, and Friday,
the Oaks, will draw a full attendance.
The traffic return of the Great Western Railway
of Canada, for the week ending the 21st instant,
shows an increase of £656 over last year.
A general meeting of the Madras Irrigation and
Canal Company is to be held on the 31st instant.
Some confusion having occurred, it may perhaps be
as well to mention that it is not this company, but
the East India Irrigation and Canal Company,
which has had its capital repaid to it by the Indian
Government. The sum in question, amounting, we
believe, to £1,050,000, was transferred from the ac-
count of the India Office to the credit of the com-
pany on Wednesday last, and the payment to the
shareholders began on Friday.
An extraordinary meeting of the proprietors of
the London and Brazilian Bank (Limited) will be
held on the 3d of June, when formal resolutions
Will be proposed in favour of the undertaking being
Wound up voluntarily, and of the transfer of the
business to a new bank. The chief object of this
proceeding is to reduce the present heavy liability
on the shares.

An extraordinary general meeting of the share-
holders of the A.nglo-Austrianatidc will bo held in
Vienna, on Monday, the 28th of Jun?.

At the meeting of the proprietors of Cie English
Bank of Rio de Janeiro a divi lead of 83. per share
Was declared.

A dividend is to be payable on the shares of the
Anglo-Mexican Mint Company on the 2,1 of June.
The discount demand has been moderate both at
the Bank and in the open market, and so far as
ec'roniercial requirements are concerned the rate
!flight gradually descend to nearly its former low
point, But the market during the present year has
not been and is not likely to be governed by the
nature of these requirements. The question is
84nPly 'whether our people upon a return of buoy-
ancy in the prices of stocks will again renew their
daily system of foreign investments, and whether
they, together with C;ontinental buyers, are pre-
Pared to absorb the millions of United States bonds,
the expected steady and continuous sale of which
°°t?titutes the reliance of New York financiers in
`intaining the inflation which has so long been
Witnessed
on that side.
1vu,4.11e Brighton Railway traffic return, being for
lastt lisun week, shows an increase of 45,004 over
e year ; and the South Eastern an increase of
'"_)618.

11It hag been decided that the New Consolidated
- count Company shall undergo the process of
Zic:lootary liquidation ; and it "has been arranged
~,,/t Alt. Andrew Ram and Mr. T. M. Usborne,
;;11., shall be the liquidators. The proposal of Mr.
• S. Richardson to pay out the shareholders at par
Was accepted.
The half-yearly meeting of shareholders of the
t°,41:15e and Provincial Turkish Bath Company was
held at the Cavend:sii Hotel, No. 81, Jermyn-
at,reett on Monday last. Mr. Arthur Cates, the
architect, reported the very satisfactory progress of
tes building, and that the contractors from the
t!l
ifiue at which they were placed in possession
chtea old buildings had carried on the works
i pedition, and in a very satisfactory manner.
't new lease of the premises is in course of prepa-
ration, and will be granted by tho Crown with-
out delay when the building is certified as com-
pleted, which it is expected will be the case in the
course of a few months, when the property of the
colnpany will be very much ircreased in value. The
Profitable balance amounted to £1,015 9s. 7d., and
the directors proposed a dividend at the rate of 8
Per-cent. per annum amounting to £B7B, which was
agreed to.

BRIT SII FUNDS-CLOSING PRICES•

GOVERNMENT FUNDS.
I i i•
' Per Cent. Consols
Ditto for Account,
3,,, Per Cent. Reduced 9li 2
Vi"v 3 per Cent
••,,Ivy 21 per Cent. Jan. 1894
Do. S per Cen Jan. 1873 ........ .
_
O. for 30 yrs, expire sth April 1885
D't e•" 1908
o (Red Sea TeletpraPh), 'Alp. a
Lhoquzr Bills, £l,OOO, 2f 2} per Ct
OD £lOO, £2ol', & £5OO
133.111 c of England Stock, 4I- per Cent
Do
pening
Canada 4 per Cent. Bonds
Illt)er-Colonial Omnitun
/ _, INDIAN GOVERNMENT SEOURITIEP
lisixt rock, 10f per Cent April 1874...
al _ -
4'o* Opening, for Account
1141 15
Do. 5 per Cent. July, 1880
DO' 1 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Pape. 4 per Omit.. ..,..
3 a
0. 5 per Cert. Jan. 1872 .....0.. loli
a
nia• N- per Cent. May 1879 _
--) a Per Cent., Rup. Deb. 1872 —
Do do 1877 —
.. Do. do. 1882 —
I'▪
-, Deb., 5 per Cent., Aug. 1873
126 Bonds, 4 per Cent., .£l,OOO
no. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Arco 6
-
tine Republic, per Cent ... .
8 .. . -
. t i clip ..1.40 paid .
.4 Itriau iitnicis 5 per cent ..
. . Do. 1869 —
nrizilian 6 per Cent 76i 0 3 q
n • Per Cent. 1852 —
'O* do. 1838....
DO., do, 186 )
o"•
n do., 1863 —
ea 5 per Cent., 1865 —
8 De Account
luos Ayres 6 per Cent.
,I.?„) 2 per Cert. (Deferred 3 per Cent ;
"'
',""11,°11) 6
'au 6 peer r Cent.
Cent —
110.4 f per Cent
1:13,C3)_*. 6 plxerr ceC7t.t 1867 —
96}
'°' 7 Per Cent., 1866