The Sun.
London, England, 1869-01-15 00:00:00

ONEY MARKET

CITY, Two O'CLOCK

The prices of Bank and Miscellaneous Shares re-
main unaltered.
At the half-yearly meeting of the proprietors of
the United Discount Corporation, held this day at
the London Tavern, the report and accounts were
adopted, and a dividend of 3s. 7d. per ehare, free of
income tax, was declared payable on and after the
19th inst.
At the third ordinary general meeting of the
Metropolitan Bank, held to-day at the London
Tavern, the report, after a short discussion, waz
agreed to unanimously, and a dividend at the rate
of 5 per cent per annum, free of income tax, was
declared.
There were no gold operations at the Bank yes-1
terday.
The steameriPanama, from Liverpool for Rio,
has taken £20,000 in specie.
The return of paid clearing for the week ending
13th January, issued from the Bankers' Clearing-
house, is as follows :—Thursday, January 7th,
£9,830,000 ; Friday, Bth, £11,533,000 ; Saturday,
9th, £12,337,000; Monday, 11th, £10,973,000;
Tuesday, 12th, £10,761,000; and Wednesday, 13th,
£9,Bs7,ooo—tutal, £65,291,000.
It was announced yesterday afternoon that the
Project for a new railway to Brighton had been
abandoned—at least for the present.
Advices from Manchester report that the New
York firm referred to as having failed for a large
Burn, owing to unsuccessful transactions in cotton,
is Messrs. Neilson and Neilson. The liabilities
are stated to exceed £BOO,OOO. It is asserted that
the partners were large operators for a fall in cot-
ton, which has experienced a considerable rise of
late.

A petition for the winding-up of the Penryn
Granite Quarries Company, Limited, is to be heard
before Vice-Chancellor Malins on the 22d inst.
The report of the Alliance Bank, Limited, to be
presented on the 21st inst., shows an available
total of £14,992, and recommends a dividend of
78. 61. per share, being at the rate of 3 per cent.
Per annum.
The directors of the London Joint-Stock Bank
have resolved to declare, at the meeting on the 21st
lust., the usual dividend at the rate of 121 per cent.
per annum.

The directors of the City Bank have decided to
declare a dividend at the meeting on the 19th inst.
at the rate of 7 per cent. per annum.
The report of the directors of the Victoria Station
and Pimlico Railway Company, to be presented at
the half-yearly meeting on the 18th inst., states
that the revenue shows a balance available fir the
nenal dividend of 9 per cent. per annum.
The directors of the Universal Marine Insurance
'ne3pany (Limited) have resolved to recommend a
Payment of ss. per share, making with the 2s. Gd.
Paid in July last, 7s. Gd. per share, or 7i per cent.
g~se paid-up capital of the Company for the year

The report of the National Discount Company to
be presented on the 20th inst. recommends a divi-
dend at the rate of 15 per cent. per annum.
At the meeting of the Westminster Brewery
ec"Pany (Limited) the net profit during the past
twelve mouths was stated at £6,056, and a dividend
of 2 per cent, was declared for the last half-year,
p4king a total distribution of 5 per cent. for the
ar 1868.
The directors of the London and St. Katharine
tic'elks Company will recommend at the approaching
Steting a dividend on the company's Ordinary
,:;°,ek of £1 ss. per cent. for the half-year, making,
tat the dividend declared in July last, 24 per cent.
for the year.
At the meeting of the Nerbudda Coal Company
PeMerday, Mr. H. Haymen in the chair, the pro-
oaal of the board to divide the capital into
shares of £1 each, with Cs paid, was not adopted,
atia
„, in consequence the chairman immediately re-
-elle&
With reference to the Mexican Three per Cent.
04cis of 1864, Messrs. Baring Brothers and Co.
4Vllonnee that, pursuant to the recent decree of the
Arlee-Chancellor, they will beprepared on and after
25th inst., to pay a dividend of 1 per cent. on
~eBntation of the coupons due the Ist July. 1866.
j;aeirtifieates will be issued representing the unpaid
The
of those coupons.
to 1:1e numbers are published of bonds amounting
112)300 of the Swedish Government Four-and-
vdl4. f, Per Cent. Loan of 1864, for £2,223,000,
tolch were drawn by lot on the 2d instant, at
I?,_kil°lln, and are to be paid off at par.
04 return from the Bank of England for the
00. _
Nil" ended the 13th of January gives the following
4,4'4 When compared with the previous week :
c deposits........ £3326635880g Increase 2 f3.7A:0421F3
Ojai!, dePosits ......... 21,117,897 ... lucreass .. 1,622,092
govel, other side of the account
ti,l4lilent securi-
,."th ....
'4..... ••• .£l5 884 710 ... Increase ... 1,900,000
......curitiee 17,707,005' ... Decrease ... 2939491
111,, oreployed... 840,8750 ... Decrease ... 3805
gaiamount of notes in circulation is £24,125,360,
1)4 an increase of £100,865 ; and the stock of
.°ll in both departments is £18,608,324, showing
Preelenerease of £88,963 when compared with the
ding r
sub eturn.
Of the Joined is a comparison of the present position
lank
of England and the prices of Consols
lakt y ench Renter with the corresponding week of
ear

Prezoh iz
11,.. entee

At Present. Same Week
last Year.

68f. 77c.
Q.stei3lleirorne ....... ..... .............. ..
..
4 17875*
° 4)8 '0(
;2:44
** * X 92,086,213
12,761,413
teel'i(3in ................. J,4,.9t ...
24,321,. /0.
it in circulation . 24,12,),3u0 ...
4te
of
count ..
3 mu- cent. ... 2 p(ejt:lcent
Cite
....... ...
............ 1921
13r,

ci LRITISII FUNDS—TWO O'CLOCK,
a ovtiozlip -
Per Cence -NT fruNDs.:
7
8 ~liitt_o for Aellosuoilist, ...........................
9921 t I
14.ctivp"r3Uetit. Iteduccid ..... 93 2K
o. .21Per cent ......................... 92; 3}
1)0. Per Cent. Jan. .... ................
0 Per Corti,. Jan. 1873 .............................. --

AND
COMMERCIAL INTELLIGENCE.

Business was by no means brisk to-day. Consols,
however, have maintained their prices ; and the
same may be said generally of foreign securities.
There has been a trifling business stirring in rail-
ways, and the Metrof olitau Extensioa Stock has
advanced 1 per cent.
Consols are 921- J 4 for money; ditto, for Ac-
c3unt, 92i ; Three per Cent. Reduced, 93 2,f;
New Tkree per Cents, 92i ; Bank of England
Stock, 4 per Cent., 242 4.
India Stock, 10i per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1121 12 ; ditto
Debentures, 5 per Cent., Aug., 1873, 1044.
In the foreign Market Turkish Five per Cents.
have risen 1,37 a 37k ex div., and Italian Five per
Cents. are f, better, at 53 531; Mexican Bonds
remain at 15 154, Greek at 11i 12, and the New
Spanish at 301 30a. Italian Scrip is at 1 prem.,
and the last Russian Railway Loan is 1 dis.,
por.

• Egyptian Seven per Cent. Loan of 1868 is now
now 701 701 ex div. The Honduras Loan remains
at 85 87 ex coupon.
In the railway market there has been a trifling
improvement, and quotations are as follow :—Caledo-
nian, 771 8 ; Great Westerns, 49 4 ; Great Eastern
421 4; Great Northern, 107 8 ; ditto A, 1081 4 ;
Lancashire, 1291 30 ; Metropolitan, 1091 4 ; do.
Extension, 1041 51 ; Midland, 1141 115 ; Shef-
field, 47+ 4 ; Brighton, 511 1 ; North British, 331
4 ; North Western, 1141 15 ; North Eastern, (Ber-
wick), 1031 4 ; South Eastern, 79:1, 4 ; Chatham
and Dover, 17 4.
Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 90 91 ex div.
American Five-Twenties have improved to 74i
; the Bonds of 1885 remain at 731 731 ; and the
Ten-Forty Bonds at 72 724.
Atlantic and Gre-at Western Railway Deben-
tures are firm, at 411 421-, and the Consoli-
dated Mortgage Bonds at 46 461, showing a rise
of 4in the former. Eries are 4 better, at 261 261,
and Illinois Central stock is unchanged at 921 934
ex div.