The Sun.
London, England, 1869-11-27 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The settlement to-day engrosses most attention.
Consols have declined fully *, and the decline has
extended to the foreign market. There has been a
demand for Metropolitan shares, and an increase of
price is demanded. _ _ _

Consols are now at 93-1 to 934 for money;
ditto, for Ac.:,ount, ; Three per Cent. Re-
duced, 92 1; New Thee per Cents, 921 2 ;
Exchequer Bills £l,OOO, March, par ; June,
3 prem. ; ditto £lOO, £2OO, and £5OO, March,
; June, prem. ; Bank of England Stock,
44 per Cent., —.
India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, ; ditto 4
per Cent., Oct., 1888, 1001 ; ditto Enfaced Paper,
55 per Cent., ; ditto Bonds £l,OOO, 21 prem. ;
ditto Bonds under £l,OOO, 21 prem.

. _
In the Foreign Market Turkish Five per Cents.
arc 431 to 438 ; and the Six per Cents., 651 to 66 ;
Spanish are 27 ; Italian, 53 to 531 ; Egyptian
(1868), 761 to 77 ; Argentine Bonds arc quoted
84 to 841 ; Mexican, 131 to 131 ; Peruvian, 83 to
831 ; and Brazilirn, 831 to 841.
In the Railway Market there is no change of
importance. Great Northern (A), 107 to 108;
Caledonian, 781 to 791 ; London and North West-
ern, 1201 to 121 ; Metropolitan, 848 to 841 ; Mid-
land, 1181 to 119 ; Brighton, 411 to 441 ; Great
Eastern, 36} to 368 ; Great Northern, 106 to 107 ;
Great Western, 551 to 55-1 ; Chatham and Dover,
15i, to 16 ; London and South Western, 91 to 93 ;
and South Eastern, 761 to 77.
In Bank Shares there is no change. London
and Westminster is inquired for at 59 to 60 ; Lon-
don and County steady, at 48 to 49 ; London
Joint Stock, 32 to 33 ; Union of London, 38 to
39 ; and Alliance, 121 to 131.
American Five-Twenty Bonds, at 831 to 834,
show a decline of I. Erie Shares are 201 to 20,11
and Illinois, at 99 to 991, both show a decline of 1.

Lombardo-Venetian is scarcely so firm, and is
now quoted at 198 to 20 ; and Great Luxemburg
is unaltered at 121 to 12k.

Telegraph Construction and Maintenance Shares
opened firm at an advance of i, but have since be-
some weaker, and are now quoted at 33f to 334,
being a relapse of I. Anglo-American are in some
request, and shows an improvement of i, being
quoted at 198 to 201 ; French Cable is flat at 151
to 158, being a decline of i.
There were no gold operations at the Bank yes-
terday.

The Westphalia, from New York, bas brought
£6,589.

Many additional applications have been sent in
to the Bank for the Metropolitan Consolidated
3f per Cent. Stock, at the minimum price of 94f,
but the demand was partially checked by the heavi-
ness in Consols, and a balance of between £600,000
and £700,000 still remains to be taken. Reckoning
the value of the repayment at par in 60 years, to-
gether with the advantage from the instalments ex-
tending to the 16th of July next, and the fact of
the dividends being paid quarterly instead of half-
yearly, the cost of the 3f per cent. stock is reduced
to £93 4s. 3d., or about per cent. below that of
the Three per Cent. Consols.
In the colonial produce markets this week a dull
tone has generally been prevalent, but, owing to
continued moderate supplies quotations have not
undergone any alteration. The sugar market has
been very flat until yesterday, when more inquiry
existed for low brown sorts. The tea market has
been dull, with a downward tendency throughout.
The next series of sales will commence on Tuesday.
Indian growths by auction went at full rates for
Assam Company's, also most other sorts with
strength and flavour, but inferior were difficult to
realise. Saltpetre is firm. The spice market is
unchanged. At the quarterly cinnamon sales next
Monday about 2,600 bales will be brought forward.
There has been a limited business in rum. Cotton
is rather lower on the spot, and the sales to arrive
have been small.

The Great Indian Petiusula Railway Company
invite subscriptions from the public for about
£500,000 of the £720,000 Four per Cent. Deben-
ture Stock lately offered to the holders of their de-
benture bonds, which are to be paid off on the Ist
of January next. The stock is offered at the rate
of £llO for each £lOO cash, on which terms it will
yield £4 Bs. per cent.
The Manchester Courier reports the suspension of
Messrs. Douglas and Co., a Liverpool firm, en-
gaged in the Brazilian trade, principally to Bahia.
They owe from £15,000 to £20,000 in Manchester.
At a meeting of the directors of the Cape Cop-
per Company an interim dividend of 15s. per share,
out of the profits of the year 1868, was declared
Payable on the 6th Dec. next.
At the meeting of the Clerical, Medical, and
General Life Assurance Society, the report pre-
sented stated that during the year ending in June
last there were issued 478 policies, assuring
£270,025, and yielding in annual premiums £9,272;
that £148,630 was paid under claims by death; that
the total revenue was raised to £227,880, being an
increase of over £B,OOO, and that £50,208 was
added as surplus income to the accumulated fund,
which was thereby augmented to £1,649,114. The
new business has been greater, the revenue has in-
creased in an augmented ratio, the additions to the
assurance fund amounting in the aggregate to
£174,043. The society has now in hand, safely and
profitably invested, and exclusive of its proprietary
capital, an accumulated fund of £1,649,114, being
more than 30 per cent. of its total risks, which on
the 30th June last stood at £5,402,346, and all but
equal to 11 years' income from premiums, which
for the last year reached £154,624.
At the meeting of the Don Pedro (Brazilian)
Mining Company an interim dividend was declared
of 3s. 6d. per share for the quarter ended the 30th
of September, being at the rate of 100 per cent. per
annum.
The official liquidators of the Albert Life Assur-
ance Company have issued a circular announcing
that the directors of the Mutual Life Assurance
Society have consented to grant to holders of
policies issued by the Albert, or any of the com-
panies amalgamated with it, new non-profit policies
at reduced rates, as set out in tables annexed to the
circular.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT EIINDS.;
3 per Cent. Consols 931
Ditto for Account, Dec. 1 93i
3 per Cent. Reduced 92 i
New 3 per Cent
Now 3f per Cent. Jan. 1894

Do. 5 per Cen i 5n.1873 —
A.unuities, SO yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885
Do (Red Sea Telegraph), Aug., 1908
Exchequur Bills, £l,OOO, 2} p. Ct. Marcia
Do. 3 do. June 3
Do, £lOO, £2OO & £5OO
Bank of England Stock, 91 per Cent
Do. opening
Canada 4 per Cent. Bonds —
Inter-Colonial Uranium
INDIAN UOVERNMENT BECURITIEb
ladi k. -i_ cock, 10* per Cent., April 1879...
Opening, for Account —
Do. a por Cent. July, 1880
pc,. 4 pet. Cent. Oct. 1888

DI. 03rtiacates
Do. Enfaced rape' 4 per Cent..-...
Do. 5 per Cent., Jan. 1872 ,....
Do. 54 per Cent. May. 1879
DJ, 5 per Cent., Rut). Deb. 187"
.0o do 1877
Do. do. 1882 —
Do. Deb. 5 per Cont., Aug. 1873 ~ —
Do Bond's, 4 per Cent., £l,OOO ......
Do. under .£l.OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, t; per Cent -
1 unriun Bonds 5 per cent ..

_ .•..
Do. 1859 •••
Brizilian 5 per Cent —
'Jo. 4i per Cent. 185/ —
Do. do 1858 —
Do. Co 1860 .—
Do. do., 1863 —
Do. 5 per Cent., 1865
Do Account B4l 1 31
Buenos Ayres 6 per Cent.
Do 2 per Cont. (Deferred 3 per Cent )
Cu'):t, 6 per Cent.
Oudirsu. 6 per Cent —
I'o. 4i per Cent. .• —
Po. 3 per Cent~
Do. 7 per Cent., 1866
Do. 6 per cent., 1367
9,- lombian, 6 per Cent.
Willie; 3 per Cl}it!? I§2§wwwittUttittif re