The Sun.
London, England, 1869-01-07 00:00:00

MONEi IARK ET

AND
COMAERCIAL INTELLIONNCX

CITY, Two O'CLOCK.

The turn matters have taken in Turkey has, to a
certain degree, stopped the improvement in business
that was beginning to exhibit itself in the stock
market ; but Consols maintain their price, the pay-
ment of the dividends to-morrowrendering the demand
for money easy. Discount can now be had at below
the official rate. In the Foreign there has been a
rise in Turkish stock ; and in railway shares Great
Eastern, Great Western, and Great Northern A are
on the decline.

Consols are 924 for money ; ditto, for Ac-
count, 924 2 ; Three per Cent. Reduced, 924 3 ;
New Th.ree per Cents, 93 2-,-;-; ditto 24 per Cent.,
Jan., 1994, 744 ; Bank of England Stock, 4 per
Cent., 244.
India Stock, 104 per Cent., April, 1874, 210 12 ;
ditto 5 per Cent.. July, 1880, 1121 ; ditto 4 per
Cent., Oct., 1888, 1024 ; ditto Bonds £l,OOO,
20 prem.

In the foreign market Italian, Peruvian, Spanish,
and Turkish have declined /to per cent. ;
but Egyptian have improved }. Prices are
as follows :—Brazilian of 1865, 781 to 79 ;
Chilian of 1867, 93 to 94, ex div. ; Egyptian
of 1864, 85 to 86 ; ditto of 1868, 74 to } ;
Italian of 1861, 54 to /, ex div. ; ditto Tobacco
Loan, 4 to 14 prem., ex div. ; Mexican, 14/
to 15* ; Peruvian of 1865, 751 to 76, ex all;
Russian of 1866, 89} to 902 ; ditto Nicolai,
66 to } ; ditto Orel, 80 to } ; ditto Charkof-Azof
11 to 1 die. ; ditto Charcow-Krenientschug, 1 to
0/ dis. ; Spanish of 1867, 30/ to 31 ex div. ;
Turkish of 1858, 63 to 64 ; ditto of 1862, 62 to 63 ;
ditto of 1865, 401 to I.
In the railway market Metropolitan stock has de-
clined } per cent. London and North Western,
Midland, Great Eastern, and Brighton, have.
receded kto Prices are as follows :—London and
North Western, 113 g. to / ; Great Western, 48/ to
; Midland, 114 to ; London and South West-
ern, 872. to 88} ; Great Eastern, 412- to / ;
Brighton, 50} to I ; South Eastern, 791 to 80;
Metropolitan, 107/ to 108} ; Great Northern, 107
to 108 ; ditto A, 108} to 109 ; Caledonian. 77/ to i;
and Chatham and Dover, 17* to /.
American Five-Twenties are better than yester-
day, viz., 74i, 75} ; Erie Railway shares, 25} 26} ;
Illinois Central, 954 1 ; Atlantic and Great Western
Railway Debentures, 41} 42 ; and the Consoli-
dated Mortgage Bonds, 44 44}.
In bank shares Anglo-Austrian have gone down,
the present price is 101 to 111 prem. Imperia
Ottoman, 1 to 1} prem. ; City, 111 to 121 ; Im-
perial, 171 to 181 ; London and County, 491 to
501 ; London and Westminster, 651 to 4 ; and
Union of London, 37f to 384.
In Miscellaneous Shares General Credit are 11
to 1/ dis. ; National Discount, 11/ to 124 ; Inter-
national, 1 to 14 die. ; Hudson's Bay, 131 to 1 ;
Telegraph Construction, 168 to / ; Atlantic Tele-
graph Eight per Cent. Preference, 31 to 4 ; and
Anglo-American, 21 to a.
A t the Bank yesterday £6,000 in bar gold was
sent in, making a total, ou balance, of £186,000
since the date of the last return.
The Oneida, from Brazil, has reached Southamp-
ton, with £43,817 in specie. The City of London,
from New York, has brought £12,500.
The directors of the London and Westminster
Bank have resolved to declare at the ensuing gene-
ral meeting of proprietors a dividend and bonus
equal together to 13 per cent. for the half year
ended the 31st of december, making, together with
the 12 per cent. paid in July, 25 per cent. for the
year.

The dividend to be declared by the Union Bank
of London at the meeting on the 13th instant will
be at the rate of 15 per cent. per annum, being at
the same rate as that of the corresponding period of
last year.

An extraordinary general meeting of the share-
holders of the East London Bank (Limited) is
called for the 14th inst., to confirm the resolutions
passed at the meeting on the 24th ult.
At the extraordinary general meeting of the
Credit Foncier of England (Limited), the follow-
ing resolutions, propcsed by the directors, were
adopted, viz.:—" To reduce the number of directors
to a maximum of five, and a minimum of three. To
give power to the general meetings to remove any
or all, of the directors, on a previous notice of 20
days. To reduce their remuneration from £6,400
to £2,000 per annum, or any other sum which the
meeting may determine upon. To increase the
qualification of the directors from 400 to 500 shares.
To abolish the title of governor and deputy-
governor, and substitute those of chairman and
deputy-chairman. That the election, by the board,
of any director to fill up a casual vacancy, shall
be subject always to confirmation at the next gene-
ral meeting." The chairman, Mr. Mowatt, stated
that an offer, which he termed a liberal one, and
-which he would be in a position to submit at the
forthcoming meeting, had been received from the
old directors to return a portion of the commis-
sions taken by them on assumed profits. This, he
thought, had better be accepted, and a stop would
thus be ,put to the present proceedings in Chan-
cQry. A resolution was passed expressing confi-
dence in the present liquidators of the Credit Fon-
cier and Mobilier of England (Limited), and indig-
nation at the conduct of certain persons who wish to
wind it up in the Court of Chancery, or subject to
its supervision.

The London and North Western Railway traffic
return shows this week an increase of £4,005 over
last year ; the Metropolitan an increase of £3,032,
the Midland an increase of £6,900, the London and
South Western an increase of £2,180, the Great
Western an increase of £3,250, the Great Northern
a decrease of £1,621 (almost wholly in the mine-
ral traffic), and the Great Eastern an increase of
£5,292.

At the half-yearly meeting of the Colonial Bank
of Australasia, held at Melbourne on the 23d Oct.,
the directors stated that the net profits, after de-
ducting expenses of management, repairs to pre-
mises, and allowing for bad and doubtful debts,
&c., amounted to, including the balance from last
half year, £20,536 Bs. 4d., which the directors pro-
pose to appropriate as follows, viz.: Dividend at
the rate of 8 per cent. per annum, £17,500: re-
served fund, £5,251 10s. ; rebate on bills not yet
due, £5,632 4s. Bd. ; balance carried to profit and
loss—new account, £1,152 13s. Bd.—total, £29,536
Bs. 4d.
Letters from various parts of Spain state that so
far as any opinion can at present be formed the
prospects of the next grain harvest are excellent.
Messrs. J. Guedalla and Co. announce that they
have commenced business at 16, Mincing-lane, as
colonial and general produce brokers.
The receipts of the Brazilian Street Railway
Company (Limited) for the month of November
milreis amount to 19,094,578 (about £1,909), as
compared with milreis 14,527,500 (about £1,455)
for November, 1867.
In September last the Stock Exchange committee
passed a resolution to have the consolidated bonds
of the Atlantic and Great Western Railway Com-
pany quoted in the Official List, ex the coupons
from April, 1867, to January, 1871, both inclusive,
but this resolution was not confirmed until Monday
last, the 4th inst.

BRITISH FUNDS—CLOSING PRICES.
(40VE1tNMENT FUNDS.,
3 per Cent. Consols
Ditto fir Account,
3 per Cent. Reduced 92- 3
Now 3 per Cent
New 2f per Cent. Jan. 1894
De. b per Cent. can. 1873
A.unuitieB, 30 yrs, expire sth JaD.,16611 —
Do. for 30 yrs, expire sth April 1885 —
Do (1.4 d Sea Telehraph), A ug., 120f' —
Exchequer Bills, £l,OOO, 2 per Ct --
Do. £5OO
Do. £lOO & :Czoo — I'm
BAni: of England Stock, 4 per Cent
Do- account
Canada 4 per Cent. Bonds
Inter-Colonial ()mini um
INDIAN 60VE1tNMENT 6EUUltillEt
India .Lock 10f per Cent., April 1679 2lO 12
Do. Opening, for Account
Do. 5 per Cont. July, 1.880
Do. 4 per. Cent., Oct. 1888
Do. Certificates
Do. Enlaced Pape/ 4 per Cent —