The Sun.
London, England, 1869-04-01 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
ADVANCE IN THE RATE OF DISCOUN C.

The Bank directors, at their meeting to-day,
have made an advance of 1 per cent. in the official
rate of discount, making the present minimum 4
per cent.

Consols are 92j 3 24 for money; ditto, for Ac-
count, 93 9. ; Three per Cent. Reduced, 91 ;
New Three per Cents, 91i j.; Exchequer Bills
£l,OOO, —; Bank of England Stock, 4 per Cent.,
shut.

India Stock, 10} per Cent., April, 1874, ;
,ditto 5 .per Cent., July, 1880, 112-; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Bonds £l,OOO,
14 prem.

In the foreign market Turkish Five per Cents
have recedel if, to 411 411 ; Italian Five per Cents.
are 551 551 ; Mexican, 151 15j ; Greek, 111 12 ;
New Spanish Three per Cents., 31 311 ; and Hon-
duras Railway Loan, 83 85 ex coupon. The other
prices remain unaltered.

American Five-Twentie are lower, at 831 831,
and the 1855 and Ten-Forty Bonds 1, at 82 82k,
and 73i 741 respectively. -Erle Railway Shares
have given way 1 to 24-} 24k, and Illinois Central
stock is 1 lower, at 96- 961.
The Danubian Loan is 1, 1 prem., and the De-
bentures of the Trouville Association /, 1 prem.
In the Railway Market Caledonians are- 1 per
cent. higher. Metropolitan have fallen f, Sheffield 1,
Midland 4, Great Eastern and London and North
Westerns lower. The following are the quota-
tions :—Caledonian, 80 1 ; Great Westt-rn, 491,
504 ; Great Eastern, 361 371 ; Great Northern,
1071 81 ; ditto A, 109 1; Lancashire, 1221 223 ;
Metropolitan, 1021 3 ; Midland, 1161 1 ; Shef-
field, 56 4 ; Brighton, 481 49 ; North British,
35 36 ; North Eastern (Berwick), 102 3 ; South
Eastern, 754 751 ; London, Chatham, and Dover,
16 161 ; and North Western, 1151 1151.
Atlantic Telegraph Stock is 26 27, the Eight per
Cent. Preference Shares at 34 31, and Anglo-
American Telegraph Shares at 221 221.
A sum of £26,000 in United States eagles was
taken from the Bank yesterday for transmission to
America. The total withdrawal for the week is
£233,000.

The New York, from New York, has brought
£5,200.

Ihe bar silver by the West India Packet has
been sold at ss. Ofd. per ounce, showing no change
of importance.

A circular has been issued by the Governor and
Committee of the Hudson's Bay Company, stating
that, in consequence of engagements which Sir
Stafford Northcote is unable to postpone, it will be
out of his power to attend the proposed meeting
on the 7th of April. It is, therefore, intended to
hold that meeting pro forma only, adjourning it to
Friday, the 9th inst.

The liquidators of the English and American
Bank (Limited) have declared a further division of
the capital of 10s. per share, making with the for-
mer distributions 95 per cent. of the amount paid
up on the shares.

The directors of the Great 'v estern Railway of
Canada have decided upon recommending a divi-
dend at the rate of 5 per cent. per annum, reserv-
ing £3,000 for the renuwal of ferry steamers, and
carrying forward to the current half-year the sum
of £2,577 17s. ld.
The report of the directors of the Agra Bank
(Limited) to the proprietors, for the meetidg on
the 14th of April, states that the net profits rea-
lised enable them to recommend for distribution
among the A shareholders an amount which, with
what has been already paid to them, will make up
a dividend for the last two years at the rate of 10
per cent. per annum.

A meeting took place yesterday of the East India
Land, Credit, and Finance Company (Limited).
With reference to the realisation of the assets
during the past year, it was stated that the deben-
ture and deposit debts have been entirely extin-
gr,ished, and that, with the exception of £7BB, the
company has no liabilities. In addition to £:40,0C,0
returned to the shareholders in 1868, a further sum
of £20,000, being at the rate of £1 per share
will be paid back on the sth of April.
At the half-yearly meeting of the North British
Railway Company the report -was adopted. The
Chairman stated that the directors had agreed
to request the Caledonian Company to refer all
matters of dispute between them to the Marquis
of Salisbury.
At the annual meeting of the British-American
L \lid Company, the report was adopted, and a
dividend of £1 per share declared.
A dividend at the rate of 10 per cent. per annum
was declared by the British Gas Light Company.
At the meeting of the Universal Private Tele-
graph Company the accounts showed a balance of
£8,344, and a dividend was declared at the rate of
4 per cent. for the half year, making a total distri-
bution of 7 per cent. for the twelve months.
At the meeting of Price's Patent Candle Com-
pany a dividend was declared at the rate of 2 per
cent. per anntfm.

At th meeting of the Canada Company the direc-
tors' report for the year ending December last wag,
was adopted.

At the meeting of the British American Land
Company& dividend of.il per share,was declared,
and the directors' report was adopted.

At a meetiog of the Uuited Land Company, a
dividend was declared at the rate of 5 per cent. per
annum, free of income tax.

The half-yearly dividend (due 15th April next)
on the Bonds of the Four and a Half per Cent.
Swedish Government Loan of 1861 is announced
for payment.

1121TIIII FUNDS-TWO O'CLOCK

UOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account,
8 per Cent. Reduced 9ll *
Now 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cen J an. 1873
Annuities, SU yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (lied Sea Tolek,raph), Aug., 1908 —
Exclacqu-.)r Bills, £l,OOO, 2i per Ct.
Do.
£5OO
£lOO & £2OO 1
Dr. o ning
Bank of Englsnd Stock, 4 per Cent ..... Shut
pe
Inter-Colonial Crannun ...................
..10V3;.H.NMENT
India stock, 10# per Cent., April 1874 —
Do. Opening, for Account ...............
.........
1121
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Enlaced Papei 4 per
Do. 5 per Cert., Jan. 1872, •
Do. 5* per exit. May 18/9
Da 5 pa: Cent., flop. Deb. 187_2 -
Do do 187
Do. do. 1882

D... flab., 5 per Cent., Aug. 1873 ......
Do. Bonds, 4 per Cent., £l,OOO ...... ... 14
Do. under £l.OOO ...
FORSIGN FINDS—TWO O'CLOCK.
Argentine Republic, 6 per Cent BOl 791
Do., Scrip 4.45 paid ..
Auitruan Donde 5 per cent ...... —
De. 1859 —
Brazilian 5 per Cent —
Do. if per Cent. 1852
Do. do. 18G .
Do. do., 1863_

Do. 5 per Cent., Iti6s . 80
Ito Account Bok 1
B .enos Ayres ti per Cent.
Do 2 per Cent. (Deferred 3 per Copt:
Cu.,:,,, 6 per ()eta.
o.•ti.au 6 per rout
)o. 4 par Ce

Do. 3-oer Cent., ...... —
L'o. 6 per co-t. 1867
Do. i per Cent., 1866
C lo uni.ti, 6 per Cent.
Dan 3 p.,. Cent., 1825...,....
Dan Principalities, 7 ler Cent
per Cent., 1867 BB}
N'qualor New Consolidatt-d. l oer ('ent
I:4),l:tian, 7 per Cent...-.
Necodd Issue ...............
82
Do. £5Ol. Bonds
Do. .4,10 t) Bonds ........................
Do. • 1864 ........
Do. Account
Do. .t 590 Bonds
Do. 1.106 Bonds
English Scrip, 1868
Do do. .E 45 pd ............ dis
Governn ent th
97i
G.eeK 5 per Cent., 1824-5, ex Coups ....
Do. Account ............................
Coupons
• 14
Do. ACCOUnt ftreitlymittetto.ummemts