The Sun.
London, England, 1869-05-19 00:00:00

MARKET

MONEY

AND

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Consols are 924 1 for money; ditto, for Ac-
count, 924 a ; Three per Cent. Reduced, 91 4 ;
New Ti ree per Cents, 91 4 ; Exchequer Bills
£l,OOO, 8 dia.; ditto £lOO, £2OO, and £5OO, —;
Bank of England Stock, 4 per Cont., —.
India Stock, 104 per Cent., April, 1874, 210 11 ;
ditto 5 per Cent., July, 1880, 1141 ; ditto 4 per
Cent., Oct., 1888, 1001 4 t ; ditto Enfaced Paper,
5 per Cent., —; ditto Debentures, 1024 ; ditto
Bonds £l,OOO, par.
In the Railway Shares Great Westerns are 4
better, Great Northern 1, Sheffield 4, Brighton 1,
North Western 1, and South Eastern 1. Great
Northern A are 4 lower, Metropolitan 4, and Mid-
land 1. The q notations are :—Caledonian, 771; Great
Western, 474 8 ; Great Eastern, 37 ; Great
Northern, 105 6 ; ditto A, 105 1 6; Lancashire,
122 1 ; Metropolitan, 96/ 4 ; Midland, 1101 4 ;
Sheffield, 521 i ; Brighton, 45 4 ; North British,
34 4 ; North Western, 1141 154; North Eastern,
1034 4 ; South Eastern, 744 5 ; Chatham and
Dover, 161 4.
American Five-Twenties are 78 781 ; the 1885
Bonds, at 751 75; but the Ten-Forties are 1 higher,
at 714 711. Erie have reeeded I,lto 19 194 ; Illi-
nois Centrals are 1 higher, at 951 96.
In the Foreign Market stocks are dull, New
Spanish Three per Cents. and Italian Five per
Cents, marking a decline of 4, at 281 284, and 564
564 respectively. Mexican Bonds have risen 4, to
124 13 ; and Turkish Five per Cents. are 1 better,
at 424 424
•

The Honduras Loan is quoted at 82 84 ox
coupon.

In Miscellaneous Shares the quotations are—
Credit Foncier of England, 21 to 2i ; General
Credit and Discount, 1 to 1k dis. ; General Steam,
27 to 29.

in Bank Shares prices are marked as follows :
Alliance, 13i to 14i ; London and County, 50} to
54 ; London Joint Stock, 32k to 33i ; London
and 'Westminster, 64 to 65 ; and Union of Lon-
don, 35 to 36.
The attendance at Mark-lane this morning was
very thin, the supplies of wheat perhaps were very
moderate in extent, but the demand was limited.
Factors were, however, able to obtain quite as much
money as last Monday.
The failure of a dealer in the Stock Exchange is
announced, but his liabilities are stated to be quite
unimportant. _ _

Bar gold valued at £9,000 was sent into the
Bank yesterday.
The Highflyer has arrived from Melbourne with
£lOl,OOO in gold ; the City of Baltimore, from
New York, with £3,000 ; and the City of Man-
chester, from Halifax, with £378.
The Stock Exchange Committee have appointed
Tuesday, 25th inst., a special settling-day in the
partly paid and fully paid up scrip of the Four per
Cent. Bonds of the Russian Government Loan for
£11,110,000. To be officially quoted.
The advices from Australia announce the further
shipments of gold to the amount of £163,500,
viz., £86,212 by the Queen of Nations, £37,328 by
the Dunbar Castle, £25,000 by the Canaan, and
£25,000 by the, Ruahine steamer. It is expected
that the Tanjore, from Alexandria, due this week,
will bring £106,000 in silver.
Telegrams from New York announce the failure
of Messrs. Schepeler and Co., merchants, with
liabilities for a considerable amount, including a
moderate sum due in Europe.
The destruction by fire of the ship Blue Jacket,
from New Zealand, has, it is understood, resulted
in a loss to the underwriters of about £130,000. Of
the £63,000 in gold on board, £48,000 was aban-
doned with the vessel.
A petition for the winding up of the "Portu-
guese Contract Company (Limited)" is to be
heard before Vice-Chancellor Malins on the 21th
inst.

A correspondent states that the Council of Ad-
ministration of the Anglo-Austrian Bank pro-
pose to make a distribution as follows, viz., to pay
in cash 94. per share ; to retain £2 10s. as a pay-
ment to complete 50 per cent. on a whole share,
and to allot for every five original shares a new
share, with 50 per cent. paid up.
At the meeting of the proprietors cf the Char-
t2red Metcantile Bank of ludia, London, and
China, the directors' report was adopted. The net
profits for the year amounted to £123,376, out of
which £45,000 has been paid in two half-yearly
dividends, equal to 6 per cent. per annum.
The seventh ordinary general meeting of the
proprietors of the London Chartered Bank of Aus-
tralia will be held on the 4th of June, for the de-
claration of a dividend and other purposes.
The fifth ordinary general meeting of the City
Terminus Hotel Company (Limited) is called for
the 26th inst.
The Alanchester markets this week have opened
with a little less feebleness of tone.
Our letters from Alexandria state that the Egyp-
tian Government have just made an arrangement
with the Suez Canal Company which puts an end
to every anterior and future claim. Until now
there were still several questions undecided, out of
which claims and demands of indemnities might
have arisen, which would have proved onerous to the
Egyptian Government. One of these questions, in
fact the principal one, was the concession given by
Said Pasha to the Company of exemption from all
:luties on every kind of merchandise and material
Imported into Egypt—a most dangerous grant as
regards the future. With the new port of Port
Said established, it might have led to immense
difficulties, claims, and disputes." The Viceroy has
now succeeded in annulling that concession together
with other rights which the Canal Company had
considered themselves to have by a simple ar-
rangement, involving no liability to pay any ready
money, nor any present or future real demand on
the Treasury. It provides for the extinction of the
concession in its every detail, and in future the
company will have to pay duties for all merchandise
imported, the same as every individual in the coun-
try, and the company cease to have any special pri-
vilege on the navagation of the fresh-water canal,
and must submit to the same taxations and regula-
tions as those established for strangers. It leaves
to the Egyptian Government in future the mono-
poly of the postal and telegraphic service through-
out the Canal, as well as the fishery of the whole of
the waters, including the Lakes. The company
further cede to the Government all the hospitals,
with their material, throughout the isthmus, and
all the houses, constructions, and warehouses along
the Canal, with the exception of those in the prin-
cipal towns established, such as Ismaliah and Port
Said, and will pay 5 per cent per annum of their
value (as rent) for any which they may still wish
to occupy or make use of after the present date.
A'l these concessions of rights on the part of the
company are made for the sum of £1,200,000.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
i
8 per Cent. Consols
Ditto for Account,
8 per Cent. Reduced 9l i
Now 3 per Cent
lieu, 21 per Cent. Jan. 1891
per Con J an. 187 3
kUnuities, 30 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 - -
Do (Red Sea Telei,,raph), Aug., 1908 —
Ltenoqu-...r Bills, £l,OOO, 2,1 2i per Ct 8 die
Du
Do
.£500
£lOO ctz £2OO
Bank of England Stuck, 4} per Cent
1)4. opening —
‘, anada 4 per Cent. Bonds —
In ter-Colonial Onannun
INDUN GOVERNMENT SECURITIES.
India V lock Cent., 10i per April 1874 2lO 11 12
eDo. Opug-, for Account -
..)0. 5 leer Cent. July, 188 U
Do. 1 per Cent,., Oct. 1888
Do. Certificates —
Do. Lufaced Pape,. 4 per °Ant.. .... —
Do. 5 per Cent., Jan. 1872 ..... ~. lO4
Do. R
D,)
-i Per Cent. May 1879
.-1,) 5 per Cent., Rup. Deb. 1872 _
7)0 do 1877 —
LLDe. do. 1882 _
. Deb, 5 per Cent., Aug. 1873
D o. Bonds, 4 per Cent., £l,000
o. under £l.OOO
FOREIGN FUNDS—CLOSING PRICES.
4tPutine icepulgie, 6 per con% 11•111110.0 781 i