The Sun.
London, England, 1869-12-23 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Bank parlour meeting to-day has terminated
without any alteration in the rate of discount. On
the Stock Exchange the principal transactions are
confined to settling accounts for the holidays, and
Consols are unaltered. In the Foreign Market there
has been au improvement in Turkish stock, but in
Telegraph shares the quotations arc falling.
Couso!s are now at 92 to 92,i for money';
ditto, for Ac..;ount, —; Three per Cent. Re-
duced, 92 18 ; New Tree per Cents, 91-1 2 ;
Exchequer Bills £l,OOO, March, 4 prem. ; June,
par to 5 prem. ; ditto £lOO, £2OO, and £5OO, March,
prop. ; June, prem. ; Bank of England Stock,
41 per Cent., 237.
India Stock, 10i per Cent., April, 1874, shut ;
ditto 5 per Cent., July, 1880, 112 1 l ; ditto 4
per Cent., Oct., 1883, 1001 ; ditto Enfaced Paper,
5} per Cent., —.
In the Foreign Market Turkish Five per Cents.
are 44i to 45; ditto Six per Cents., G 7 to 68f ;
Peruvian, 831 to 814 ; Spanish, 27i to 28,1 ; Italian,
551 to 56i. ; Egyptian, 72 to 79i ; 111exican, 13;
to 134 ; Argentine, 86 to 861; and Brazilian. 861
to 86i.

In Railway Shares Great Northern (A) are
lower, viz., 109 to 110. Caledonian are 77 to 77k,
also a decline ; Great Western, 551 to 56 ; London
and Brighton, 461 to 47 ; Midland,l2o to 1201;
Great Eastern, 37i to 371 ; Great Northern, 109
to 110 ; Lancashire and Yorkshire, 1261 to 127-1 ;
London, Chatham, and Dover, 15 to 15f ; Lon-
don and North Western, 122 to 122 i ; London and
South W estern, 92 to 94 ; Metropolitans, 83 to
83i ; and South Eastern, 771 to 771.
Lombardo-Venetian are 20k to 21. Great Luxem-
bourg Shares are 121 to 12i.
_ _

In American Securities Erie Shares are now 16;
to 16:1 ; and Illinois are 99; to 100. The Five-
Twenty Bonds are 85! to 86 ; the 1865 Bonds,
841 to 84i ; the 1867 Bonds, 841- to 85 ; and the
Ten-Forties, 82f to 83.
Bank Shares have improved. Imperial Ottoman,
21 to 28 prem. ; Alliance, 128 to 131 ; Anglo-
Austrian, 11 to 13 prem. ; Oriental, 41 to 42 ;
London Joint-Stock, 31f to 32f ; Telegraph Con-
struction and Maintenance, 35; to 35f ; and Anglo-
American, 188 to 188.
Miscellaneous Securities are marked—Hudson's
Bay, 12k to 12i ; General Credit, 4 to f dis. ; In-
ternational Finance, 2.1 to 18 dis.
The sum of £40,000 in gold from the River Plate
was taken to the Bank yesterday. The operations
of the week since the last return have resulted, on
balance, iu a withdrawal of £38,000.
The City of Paris, from New York, has brought
£5,400.
The verdict in the affair of Overend, Gurney,
and Co. was received in the City last afternoon
with intense satisfaction, not only as a termination
of a proceeding which has been the most prominent
among the baleful influences that have weighed
during the past year or two upon English credit
and enterprise, but as entirely confirming the view
of the case taken by the large majority of the
leading merchants and bankers of London from its
origin.

It appears to be perfectly understood that the
Chancellor of the Exchequer has fully concluded
his arrangements for the payment to the several
telegraph companies of the compensation awarded
to them, amounting to £5,715,048, the large funds
of the savings banks and other public departments,
together with the tax collections due in January,
being available for the purpose. The disbursement
of the entire total will be completed some day at
the end of January, and it may be assumedlhat the
telegraph companies will meanwhile adopt the best
contrivances to enable the money to be distributed
to their shareholders without the slightest delay.
The re-investment of these funds may then be ex-
pected to produce a distinct effect both on the stock
and money markets.
The total subscriptions in aid of the sufferers by
the fire at Quebec amounted to £80,112 11d.,.
of which Great Britain and Ireland contributed
£40,140 13s. 51. ; the United States, £3,451 2s.
Bd. ; France and other countries, £347 15s. 6.1. ;
and Canada herself, £36,132 18s. 4d. The Lo:Idou
subscription, which included the generous dona-
tion of her Majesty the Queen, amounted to more
than one-fourth of the whole.

The Anglo-Hungarian. Rink have declared an
interim dividend at 4 fl. in silv.er, or S. starling per
share.

At the meeting of the Royal Exchange Assur-
ance Corporation, a dividend of 4 per cent. was de-
clared for the half-year.
Mr. W. Waddell, liquidator of the " Guinea
Wallsend Colliery Cothpany (Limited)," announces
to the creditors a first dividend of 7s. 6d. in the
pound.
Telegrams have been received from Sydney an-
nouncing that the revenue has increased ; that
business is better, and that the Bank of New
South Wales has declared a dividend at the rate of
15 per cent. per annum for the past half-year.
The directors of the National Provincial Bank of
England have again voted a bonus of 10 per cent.
to all their officers and clerks on their salaries for
the present year.
Advices from Manchester announce the failure
of Messrs. George Barnes and Sons, manufacturers,
of llaslingden, with moderate liabilities.
A telegraphic statement that a native dry goods
dealer has failed at Valparaiso, with liabilities to
the amount of $30,000,000, or £6,000,000 sterling,
is absurd upon the face of it. One or two mercan-
tile stoppages had been reported, but the commit-
ments were of very moderate amount.

BRITISH FUNDS—TWO O'CLOCK.
GOVERNMENT YUNDS.
8 per Cent. Consols
Ditto for Account, Jan. 0
8 per Cent. Reduced 92 1i
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cen J 9.n .1873
Annuities, SO yrs, expire sth Jan., 188 U —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Televaph), Aug., 1908 —
ExchoquzT Bills, £l,OOO, 2i p. Ct. March —:
Da. 3 do. June
Do £lOO, £2OO Sr £5OO — pm
Bank of England Stock, 41. per Cent

D(4. opening
Canada 4 per Cent. Bonds
later-Colonial Omni=
INDIAN COVEItNI.LENT SEDDRITLEb
India fitock, 10f per Cent., April 1874.,. Shut
Do. Opening, for Account
DJ. a per Cent. July, 188(1
De 4 per Cent. Oct. 1888
Do. Enlaced Pape, 4 per CAW....
Do. 5 per Cert., Jan. 1872 ...... ... —
Do. af per Cent. May 1879 —
Da 5 per Cent., Rup. Die. 1872..
Do do. lErry,„ —
Do. do. 1882 —
Lk). Deb., 5 per Cent., Aug. 1873
Do. Bons, 4 per Cent., £l,OOO
Do. under £l.OOO

FOREIGN FUNDS-TWO O'CLOCK.

Argentine Republic, 6 per Cent
Do. Account
An Arian Bonds ii per cent
Do. 1859 —
Brazilian 5 per Cent —
Do. 11 per Cent. 1852 —
Do. do 1858....
Do. au 1860
Do. do., 1863

Do. 5 per Cent., 1865
Dc. Account •• 864 i
B ienos Ayres 6 per Cent.
Da 2 per Cent. (Deferred 3 per Cent )
Cuba. 6 per Cent. —
(Lilian 6 per Cent
Do. 41 per Cent..., 74!
Do. 3 per Cent.,
Do. 7 per Cent., 1866
Do. 6 per cent. 1867
C lo nbian, 6 per Cent.
Danisn, 3 per Cent., 1825 , —
Danubian Principalities, 7 per Cent B6l

i)o. Account
Do 8 per Cent., 1867 951
Ecuador New Consolidated, 1 per Cent
Egyptian, 7 per Cent
Po Second issue ••
Do. #sot, Bonds B3
Do. 1864
Do. Account
Do. 1500 Bonds
Do. .LlO6 Bon is
Do. 7 per Cent., 1868
Do. .£10i) Bonds ..... 79
Govurnu.ent Railway Debentures
Greek 5 per Cent., 1824 5, ex Coups

, -
Do. Coupons
Glatomala7s per Cent .. —
Honduras Gov Rail. Loan., 10 p.,Ct., all pd
Do. Acceint umumme 851 i