The Sun.
London, England, 1869-01-08 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Business was not so good to-day. Consols de-
clined 1, and the depression extended to the Foreign
Market. Spanish and Italian gave way slightly,
but Turkish went up a trifle. In railways we have to
report an improvement in Metropolitans and Great
Northern Original shares.

The demand for money is not large; the sate at
which it can be had is 21.
Consols are 92,x,- 3 2:1 / for money ; ditto, for Ac-
count, 921 ; Three per Cent. Reduced, 93 2/ 31 ;
New Three per Cents, 93/ ¢ ; ditto 21 per Cent.,
Jan., 1994, 741 ; Bank of England Stock, 4 per
Cent., 241 3.
Canadian 4 per Cent. Bonds, 1962, 1044.
India Stock, 101 per Cent., April, 1874, 210 12 ;
ditto 5 per Cent., July, 1880, 112/ ; ditto 4 per
Cent., Oct., 1888, 1021.
In the foreign market Turkish Five per Cents.
were 8 better, at 401, but the quotation is now 401,
401. New Spanish Three per Cents. have given
way I, to 301, 304 ex div. ; and Italian Five per
Cents, are fractionally lower, at 54/, 54/ ex div.
Mexican Bonds remain at 15, 15/, and Greek
Bonds at 111, 12.
.The Krementschug Railway Loan is 1 dis., par
The Honduras Loan is 86 87 ex coupon ; and the
Egyptian Seven per Cent. Loan of 1868 is firm, at
74 74i.

In the railway market Caledonian is + better
Great Northern 1, Metropolitan I, Midland
Brighton I, North Western and South
Eastern I. On the other hand, Great Western
are lower, Great Eastern 1-16, Lancashire I.
The quotations are : Caledonian, 761 7+ ;
Great Western, 48 I ; Great Eastern, 41, 4 ; Great
Northern, 107 to 108 ; ditto A, 108 to 1091 ; Lan-
cashire, 129 4 ; Metropolitan, 1081 to 1081; ditto
Extension, 104 ; Midland, 114 -} ; Sheffield,
46i 474; Brighton, 49 ; North British, 33 34 ;
North Western, 113 4 ; North Eastern, 100 ;
South Eastern, 79} to 80 ; and Chatham and
Dover, 161 to 174.
Great Indian Peninsular Railway New Four
per Cent. Debenture stock is 94 95.
American Five-Twenty Bonds are now 74-1 75 ;
but those of 1885 and the Ten-Forty Bonds are 73+
73k, and 72i, 72 respectively.
Atlantic and Great Western Railway Debentures
are 411 411, and the Consolidated Mortgage
Bonds 43/ 444, showing a decline of + in the
latter. Eries show a full advance of at 261
274 ; and Illinois Central Stock is unchanged at
95+ 951.
In Bank Shares nothing doing, and in M.scel-
laneous Shares we have no alteration to quote.
There were no gold operations at the Bank yes-
terday.
The last price from Paris yesterday was 70f,050c.,
or Bc. higher than the previous day.
The City of Madrid Loan, contracted by Messrs.
Erlanger, of Paris, is for £1,700,000, in 425,000
bonds of £4 each. It is to bear 3 per cent. interest,
and is redeemable at par, with lottery prizes. Te issuing price is 60. The debt of the Treasury tho
the Municipality is said to be more than the whole
amount of the loan, besides which they hold
£11,000,000 of real property.
The total imports of sherry from Spain for 1868
have amounted to 67,810 butts, against 63,397
butts in 1867. The principal shippers were :
From Xeres—Gonzalez and Byass, 6,243 ; M. Misa
5,574 ; F. W. Cosens and Co. (Xeres), 3,142,
Port St. Mary, 1,785 ; total, 4,927 ; I'. Garvey,
3,833 ; P. Domecq, 3,253 ; Mackenzie and Co.,
2,701 ; and from Port St. Mary—Duff, Gordon,
and Co., 2,143 ; and widow of K. Harmony and
Co., 2,104 ; all others being under 2,000 butts.
The directors of the Ocean Marine Insurance
Company will, at the annual meeting of the share-
holders on the Ist February, recommend payment
of £1 per share bonus, and ss. per share interest ;
also the usual ss. per share in July.
The directors of the London and Provincial
Marine Insurance Company have agreed to recom-
mend at the general meeting on the 4th February
the payment of interest for the half-year ended the
31st of December at the rate of 10 per cent, per
annum.

It is stated that the meeting of creditors and
shareholders of the Commercial Bank Corporation
of India and the East, directed by the Master of
the Rolls to be called to consider the proposed ar-
rangement, will be held on the 18th and 19th inst.
Mr. Holyland, the official liquidator, has sent to
each creditor and shareholder a copy of a report he
has prepared setting forth the present position of
the liquidation, and the grounds upon which it is
desirable the proposed arrangement should be con-
firmed. .

The Canadian papers contain advertisements
from the Intercolonial Railway Commissioners for
tenders for the construction of four sections of that
road ; two in Quebec, connecting with the Grand
Trunk at Riviere du Loup, one in New Brunswick,
near Dalhousie, and the four in Nova Scotia. The
sections are from 20 to 26 miles in length.
The advices from British Columbia state that the
Legislature of that province was opened on the 17th
of December at Victoria. Governor Seymour, in
his Message, intimated that the question of confe-
deration is stationary at present, pending the
settlement of the Hudson's Bay Company's claims.
At the same time he congratulated the colony upon
its improved condition and encouraging prospects.
By the Brazil mail, arrived yesterday, a state-
ment showing the position of the Treasury has been
received, made up to the 30th of November last. It
appears that the Government had availed them-
selves to a very limited extent of the power granted
by the decree of the sth of August for the issue of
40,000,000 reis paper currency (at 17d. exchange,
£2,833,333), the total put forth having
,been only
2,000,000 reis (at 17d, £141,666), and the expenses
of the war having been met by the 6 per cent. loan
subsequently issued at 90 for the sum of 30,000,000
reis (at 17dd., £2,125,000.) This loan is quoted at
7f premium, and the interest upon it is guaranteed
to be paid in gold, the principal also being redeem-
able in gold. The Government had likewise issued
6 per cent, bonds in currency, realising 6,114,300
reis (at 17d., £433,096.)
The following is from the Cape Copper Com-
pany :—." The company have despatches, per bi-
monthly steamer Saxon. No mining or other sub-
jects of importance are reverted upon. Bills of
lading are received for shipment from Cape Towu
and Algoa Bay, ex coasters, amounting together to
249 tons."
The return from the Bank of England for the
week ended the 6th of January gives the following
results when compared with the previous week :
Rest
..
PuLlic deposits
Other deposits 19,495,805 ... Increase
..
On the other side of the account :
6,844
Government securi-
ties ............
Other securities 20,646,496 Increase ... 134 164
353
Notes unemployed 8,412,555 ... Increase 350
312:
Subjoined is a comparison of the present position
of the Bank of England and the prices of Consols
and French Rontes with the corresponding week of
last year :
The amount of notes in circulation is £24,024,495,
being an increase of £509,925 ; and the stock of
bullion in both departments is £18,519,361, Showing
an increase of £73,503 when compared with the
preceding return.

Same Week

It Present.

last Year.
Bullion
Reserve
Notes in circulation 24,024,493 24,283,855
Rate of discount
Ceasois
Frenelt Rentes

BRITISH FU.NISS—TWO O'CLOCK.
GOVERNMENT rum.”. 7.;
3 per Cent. Consols
61. Ditto for Account,
3 per Cent. Reduced
New 3 per Cent
New 21 Ter Cent. Jan. 1894
Do. b per Cent.., an. 1873
Agnuities, 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 Ut — pi
Do.
£SOO
.

Bank of England Stock, 4 per Cent
ho. account
Canada 4 per Cent. Bonds lo4}
Inter-Colonial Uranium
INDIAN GOVERNMENT SECURITIES.
India stock, 101 per Cent., April 1874 —
Do. Opening, for Account —
Do. '5 per Cont..fuly, 1830
Do. 4 per Cent., Oct. 1888 - lo2i
Do. Certificates —
Do. Thafaced Pape. 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 51 per ()vat. May 1879 —
11) 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —
Do. do. 1882 —
D;;. Deb., 5 per Cent., Aug. 1873 ~ —
Do. Bonds, 4 per Cent., £l,OOO
Do. under ..£l.OOO

FORBIGN VUNDS—TWO O'CLOCK.
Arßentine Republic, 6 per Cent ...
Do., Scrip £45 paid
Au Arian Bonds 5 per cent
Do. 1839 —
Brazilian 3 per Cent —
00. 11 per Cent., 1852 -
Do. do. 1858....
Do. do., 1861' —
Do. do., 1863 67}
Do. 5 per Cont., 1865
Do Account
II epos Ayres 6 per Cent.
DJ 2 per Cent. (Deferred 3 per Cent )
Cu')a, 6 per Cent.
o.adiau 6 per Cent —
''o. 41 per Cent —
Do. 3 por Cent.,
l'o. 6 per co t. 1867 93}
Po. 7 por Ccit., 1866
C lo übian, 6 per Cent.
Dan ;l, 3 p.T Cent. 1825
Danubian Principalities, 7 I,er Cent —
Do 8 per Cent., 1867 .. 801
Equador Now Consolidated, 1 per Cent
I...lgyptian, 7 per Cent BOl
Do Second Issue
Do. .£5Ol, Bonds —
Do. £lOO Bonds ..... 821
Do. 1864 -
Do. Account
Do. £5OO Bonds
Do. 410 C Bonds —
English Scrip,7lB6B 741 1
Do do. £45 pd — die
Government Railway Debentures
Greek 5 per Cont., 1824 5, ex Coups —
Do. Account
Do. Coupons
Do. Account
iutternala 5 per Cent . —
Honduras Gov. Rail. Loan., 10p. Ct., all pd 86
It3iiau 5 per Cent., 1865 —
Do. Account .
Do Maremmana Railway 56
11exicax 3 per Cent —
Ditto for Account
_ Do. 1864 —

Do 6 per Cent. Anglo-French —
viontevidcan 6 per Cent. . —
goorish Imperial 5 per Cent —
New Granada —
Do 3 per Con —
Do. Deferred
Do Land Warrants (Hectares) I —
Peruviau 5 per Cent. 1865
Do Account .. 76-1 5.1
Do 4i per Cent. (Uribarren)
Do 4f per Cent., 1862 -.

Do ACCount •
Portuguese 3 per Ct., 1853, '6, 7,'9,'6U,'2.';'
Do. do. 1867 36i
Do. do. Scrip, £2O paid —
Russian 5 per Cent., 1822, £ St
Do 4i per Cent . 1850
Do 4f per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do. Auglo-Dutch, 1864, £lOO Bonds., 90 -1-
Do. do. £B4 15s. d 0...;

Do., 1866, £lOO Bonds 9O
Do. do' £B4 15s. do —
Do Nicolas Railway 66i
Sax Julian 5 per Cent
Spanish 3 per Cen
Do. Acejunt
Do. 1867
Do. Account / 3l
Do. New Deferrect
Do. Account
Do. Passive
Do. Com. Cert. of Coup. not funded
Do. Account
Swedish Provincial Mortgage Loan
Do Government, 1861
Do do, 1868
Do do, scrip
Turkish 6 per Cent.
Do Account
Do 6 per Cent. 1858
Do Account
Do £lOO Bonds
Do 6 per Cent., 1862
Do Account
Do £lOO Bonds 64t.
Do 5 per Cent. 1865
•

Do Account
Do 6 per Cent., 1865 , 6Ol i
Do t por Cent., Guaranteed
Venezuela 3 per Cent.: —
Do. Accaunt

Do 6 per Cent. 1864
Do 6 per Cent., 1862
Dividends on the above payable in London.
Austrian o par Cent. Ex 10 Florins
Belgian, 41 per cent., Ex. 25f.
Dutch i per Cent. Ex. 12 Guil" —
Do. 4 per Cent. Certificates ....
Do. Account 5l
TWIO O'OLOOX.
Consuls, Money 92: I
Do. Account, Feb 4 92i i

BOURSE, Jan. 7.—Thr,
closed as follows :

11 per Cent.
End of month —
3 per Cent
End of month 7O 30
Credit Mobilier 285
End of month '2B6 25
Credit Fancier 1550
End of month —

Cash
Orleans ... 925
Northern ..• llBO
Lyons and Mediterranean
Southern
Western
Eastern • • s6Bf
Sardinian
Austrian 662k
Lombard 445
North of Spain
Saragossa
Roman sli

;e o'clock.—The market

Bank Shares 3llO
Ital'an Loan
End of month
Mexican Loan 24 25
Do. Bonds 154
Spanish Threes —

Home Debt_
Deferred

RAILWAY

BANK OF FRANCE.

!PARIS, Jan. 7.

The following is the return of the Bank of France
for the week ending to-day, together with the cor-
responding figures of the previous account :

DEBTOR.

Dec. 31. Jan. 7.
fr. c. fr. c.
Capital of the Bank 182,500,000 182,500,000
Profits in addition to
capital (Art. 8, Law,
June 9, 1857) 7,044,776 2 7,044,776 02
Reserve of the Bank
and its branches 22,105,750 14 22,105,750 14
Reserve of landed pro-
perty 4,000,000 4,000,000
Notes in circulation
Banknotes to orderand

receipts payable at
sight 34,580,980 70 33,737,411 82
Treasury account cur-
rent creditor 180,122,347 89 154,393,196 14
Current accounts, Paris 282,599,462 270,906,508 91
Do. branch banks 48,205,977 45,016,196
Dividends payable 8,867,435 6,411,112
Discounts and sundry
interests:
Rediscounted the last
six months 933,790 85 933,790 85
Surplus of receipts not
distributed
Sundries

Total
CREDITOR.

Jan. 7.
Cash in hand and in fr. c. fr.
Branch banks
Commercial bills over-
due
Commercial bills dis-
counted, not yet due 368,835,035 78 326,675,327 09
Do. branch banks 272,134,755 301,365,105
Advances on deposit of
bullion 39,411,100 40,826,100
Do. branch banks 3,648,100 4 038 100
Do. on French Public , ,
Securities 12,779,500 13,251,900
Do. by branch banks 7,156,400 6 873 700
Do. on railway shares , ,
and debentures
Do. branch banks
Do. on Credit Fonder ,
Bonds
Do. branches
Do. to the State (Con-
vention, Juno 10,
1857) 60,000,000 60,000,000
Government Stock re-
serve 12,980,750 14 12,980,750 14
Do. disposable
Rentes Immobalisdes
(Law, June 2, 1857) 1C0,000,000 100,000,000
hotel and furniture of
the Bank and landed
property branches
Expenses of manage-
tuent
Sundries
-----
Total
Certified by the Senator-Governor of the Bank
of France.

(Signed)
______ ROULAND.

SHIPPING INTELLIGENCE.

GRAVESEND, Friday Morning.
Arrived—Florence, steamer, from Rotterdam ; Berlin,
steamer, from Hamburg; Belgium, steamer, from Ostend;
Vigilant, steamer, horn Calais.

Sailed—Mows, steamer, from Bremen ; Hindostan, for
Bombay ; Star of Denmark, for Calcutta.
DEAL, Friday Morning.
No Arriyals.