The Sun.
London, England, 1869-12-02 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The usual weekly meeting in the Bank parlour
has terminated without any alteration being made
in the rate of discount. Consols have not main-
tained their closing price, and Spanish have fallen
upon the receipt of unfavourable news from that
country relative to the election of the Duke of
Genoa. American Securities have become inactive,
and almost a general decline has taken place in the
Railway market.
Consols are now at 924 1 to 92 for money;
ditto, for Ac.!ount, 92/ ; Three per Cent. Re-
duced, 921 2; New Three per Cents, 92 4 ;
Exchequer Bills £l,OOO, March, 4 prem. ; June,
2 7 prem. ; ditto £lOO, £2OO, and £5OO, March,
—prem. ; June, prem. ; Bank of England Stock,
44 per Cent., 240.
India Stock, 104 per Cent., April, 1874, 212 ;
ditto 5 per Cent., July, 1880, 112 1 ; ditto 4
per Cent., Oct., 1888, ; ditto Enfaced Paper,
55 per Cent., 1101.
In the Foreign Market Spanish stock has fallen
the price being now 264 ; Egyptian (1864), 85k to
861 ; ditto (1868), 764 to 761 ; Italian, 534 to 531 ;
Mexican, 131 to 131 ; Peruvian, 831 to 84 ; Tur-
kish Five per Cents., 434 to 431; and the Six per
Cents., 651 to 661.
In the Railway Market Metropolitan continue
declining, the price being now 83 ; London and
South-Western are 94 to 95, being a fall of 1 ;
Great Northern are 1071 to 1081 ; Caledonian,
784 to 79 ; Great Western, 551 to 551 ; Brighton,
444 to 451; and Chatham, 154 to 16.
In Bank Shares London Joint-Stock are 103
higher, at 32 to 33, but Chartered Mercantile shows
a decline of 10, at 304 to 311. London and West-
minster is quiet at 581 to 594 ; Oriental, 41 to 42;
Uaion of London, 374 to 381 ; Alliance, 124 to 134;
Agra (A), 104 to 11. Imperial Ottoman is in re-
quest at 24 to 24 prem.
American Five-Twenty Bonds are lower, viz.,
841 to 841; Erie Shares show a fall of at 201 to
21 ; but Illinois are better, at 99 to 991.
Great Luxembourg is quoted at 124 to 124 ; and
Lombardo-Venetian at 191 to 20.

In Telegraph Shares French Cable have fallen
the present price being 15 to 15i. Anglo-American
194 to 20 ; Atlantic Eight per Cents., 21 to 21.
Construction and Maintenance Shares after open-
ing at a fall of ! recovered to 34 to 32, but are
now quoted 312 to 318.
The June Exchequer-bills, now bearing 3 per
cent., are reduced to 24 for the next six months.
The March bills were reduced in September last,

and now bear 21 per cent.
There were no gold operations at the Bank yes-
terday.
The subscription list for the £2,500,000 Three-
and-a-Half per Cent. consolidated stock of the
Metropolitan Board of Works, at 941, close to-day.
It appears that the amount outstanding is now only
about £348,000.
The Peninsular and Oriental Company's steamer
Pera may be expected any time after Friday, with
£540,000 in Australian gold. Of this amount a
portion may possibly be taken to the Bank.
Of the tenders for £387,500 in bills on India at
the Bank of England the amount allotted was—to
Calcutta, £347,300, and to Madras, £40,200. The
minimum price was fixed as before at ls. 11d. on
Calcutta and Madras, and tenders on both pre-
sidencies at Is. llid. will receive about 17 per cent.,
those above in full. These results show a further
diminution in the demand for means of remittance
to the East.
The directors of the Bank of British North Ame-
rica have declared the customary half-yearly divi-
dend at the rate of 6 per cent. pzr annum.
The London and North Western Railway traffic
return shows, this week, an increase of £2,539
over last year; and the Midland an increase of
£5,933.
The half-yearly meeting of the Canada Company
will be held on the 30th inst., for the declaration of
. a dividend.
The half-yearly meeting of the African Steam-
ship Company is called for the 15th inst.
The ordinary general meeting of the Rajawelle
Coffee Estate Company (Limited) is called for the
16th inst.
A prospectus has been issued of the Danubian
Navigation Company (Limited), with a capital of
£50,000, in shares of £lO, to bo fully paid up, for
acquiring and extending the lighterage business of
grain and other produce now carried on by Mr. A.
Carnegie on the Danube.
The report of the Bank of British North America,
to be presented on the 7th inst., recommends the
usual half-yearly dividend at the rate of 6 per cent.
per annum, and states that the directors have re-
ceived the Queen's warrant extending the privileges
of the charter to the Ist June, 1881.
The Manchester papers mention two additional
small failures—Messrs Greenwood and Slater, ma-
nufacturers, Burnley, with liabilities of £2,000, and
Mr. William Penny, gold thread and cotton-heald
yarn manufacturer, of Leyland, whose liabilities are
variously estimated.
At the annual meeting of the Scottish Union
Insurance Company at Edinburgh the new life poli-
cies for the year were stated to have been 889, insur-
ing £523,243, yielding in new premiums £14,136.
It was also stated that there was a considerable
surplus derived from the fire department, and
that the invested funds now amount to upwards of
11,150,000.

BRITIIIIL Ir IMPS —T WO o'ol.o UK.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account, Jan. 6 924
S per Cent. Reduced 92k 2
New 3 per Cent
Now 34 per Cent. Jan. 1894
Do. 5 per Cen Jan. 1873
Annuities, SO yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, fl,OOO, 24 p. Ct. March 4
Do. 3 do. June
De. £lOO, £2OO & .£5OO — pm
Bank of England Stock, 44 per Cent
Do. opening —
Canada 4 per Cent. Bonds
Inter-Colonial Ommum
INDIAN GOVERNMENT SECURITIES
lndii, stock,lo4 per Cent., April 1874 212
Opening, for Account
Do. o per Cent. July, 1880
Do. 4 per Cent. Oct. 1888
Da. Oartilicatea
Do. Enfaced tapei 4 per Cent.. ..» —
Do. 5 per Ceßt., Jan. 1872 ..... ..,.-
Do. 54 per Cent. May 1879 llO4
Da 5 per Cent., Rup. Deb. 1872
D. d 0.1877 —
Do. do. 1882 —
Da. Deb., 5 portent., Aug. 1873 ......
Do Bonds, 4 per Cent., .£l,OOO ......... I
Do. under #l.OOO
FOREIGN FIiINDS TWO O'CLOCII.
Angentine Republic, 6 per Cent B5 i
tultrian Bonds 5 per cent

Do. 1859 —
Brazilian 5 per Cent —
Do. 4} per Cent. 1852 —
Do. do 1858.... —
Do. au 1860 —
Do. do., 1863 —
Do. 5 per Cent., 1865
Dc. Account ...... .. B4l
Bienos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent )
Cuba„ 6 per Cent.
Outlia.n 6 per Cent
no. 4i per Cent —
Do. 3 per Cent., ......
Do. 7 per Cent., 1866
Do. 6 per cent. 1867
0 lo nbein, 6 per Cent.
Danish, 3 per Cent., 1825 , —
Danribian Principalities, 7 ler Cent —

1)o. Account
Do 8 per Cent., 1867
I:cualor New Consolidated, Ipor Cent
Egyrtian, 7 per Cent...,.
Second Issue ••
Do. £5Ol, Bonds
Do. 1864
Do. Account
Do. /Lull Bonds
1./0. fIUC Bonds f 7 61
Do. 7 per Cent., 1868 ~ . 76.,1 I
Do, £lOO Bonds . •
Uovernmeni Railway yet:et:tures ....• 99i
GreeK 5 per Cent.,lB2l 5, ex Coups
Do. Coui ons
Do. Account
,ieniala 5 per Cent • .
Honduras Gov Rail. Los n., 10 p.,Ct., all pd - -
,ian 5 per Cent., 186
Account ... —
Do ."..Ix.reinnati.4
hi z; per Cent
Ditto for Account
Do. I.Bul

~ r,

Do 6 per Cent. Anglo-French —
tuntevideau 6 per Cent. ..
Vc crish Imperial 5 rer Cent
New Granada —
Do 3 por Oen', —
Do. Duf,ored

Do Land Warrants (Flectares)
Peruvian 5 per Cent. 1865
Do Account .. b. i 4
Do 4i per Cent. (I.7l:'larren)
Do 44 per Cont., 1862 . —
Do Account —
Port;,:guese 3 per et.,1853,'ti, 7,'9,T,U,'2,': 831
Do. do. . 1867 —
. .

_
Do. do. Scrip, £2O pail —
Russian 5 ear Cont., 1822, St
Do 41 per Cent 1850
Do 4i per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do 'do, Scrip
Do. Anglo-Dutch, 1864, £lOO Bonds., 92
Do. do. £B4 15s. do.
Do.. 1866, £lOO Bonds
Do. do £B4 154 do —
Do Nicolas Railway
Sardibian 5 per Cent
Spanish 3 per Con ...
Do. Account
Do. 1867
Do. Account
Do. New Deferrou
Do. Account
Do. Passive
Do. Corn. Cert. of Coup. not funded...
Do. Account
.I,wedish Provincial Mortgage Loan
Do Government, 1864
Do dc, 1868
Turkish 6 per Cent
Do Account
Do 6 per Cent. 1858
Do Account
Do .£IOC Bonds
Do 6 per Cent., 1862
Do. Account
.o £lOO Bonds
Do 5 per Cont. 1865
Do Account -
Do 6 per Cent., 186 D
Do. Acc. ant
Dividends on the above payable iu Lori OID
Austrian o per Cent. Ex 10 Florins
Belgian, 41 per cent., Ex. 25f.
Dutch 2i per Cont. Ex. 12 Gail,
Do. 4 per Cent. Certificates ....
.
French Rentes, 3 per Cent., Ex. 25f.
Italian 5 per Cont. 1831, Ex. zSi.
Do Account 531

Jonsols, Money
Do. Account, Jan. G

2t i

:. 101 i

68}

TWO OVLOOIt.
92} f xd
92i f xd

VRECK ON THE YORKSHIRE COAST.

BEDCAR, Thursday Morning.

The sloop Francis Mary Phillip, of Inverkeith-
iug, bound to London]with a cargo of potatoes, &c.,
has been wrecked on the rocks at Redcar (says
John Coulson, Esq., the local agent for Lloyd's.)
The lifeboats went off in a heavy sea, and the
Burton-on-Trent boat of the National Lifeboat
Institution, has happily been the means of saving
the shipwrecked crew of three men.

CAISTER, near Great Yarmouth,
Wednesday.

A very noble and great service has been per-
formed to-day by the Caister large lifeboat of the
National Lifeboat Institution (says the Rev. G. W.
Steward). This morning early the beacbmen, dur-
ing a strong wind from N.E., with squalls, saw
what appeared to be a dismasted vessel at the back
cf the Scroby Sands, with signals of distress in the
rigging. They at once proceeded off to the Sands in
the lifeboat (Birmingham), and found the upper part
of a barque, which it afterwards seemed had
struck on the Hasborough sands the previous night,
this portion had broken away and drifted to the
spot whele it was seen from the shore. It was little
more than a raft, but had on it the whole of the
crew (14 men) of the wrecked barque, which was
named the Elsinore, of Elsinore. The poor fellows
had been nine hours adrift on it in a terrible
sea and in very cold weather. The difficulty of
getting them off in the midst of the heavy sea was
great, and the lifeboat was a good deal damaged,
for on account off the ship's spars, &c., the boat
could not approach the wreck from the leeward,
and had to be taken to windward, and consequently
the lifeboat was driven time after time with great
violence against the wreck, from which the
ships's bolts were projecting. However, after
gallantly exerting themselves for nearly an hour,
the crew of the lifeboat bad the great satisfaction
of saving the whole of the shipwrecked sailors.
None but resolute and experienced men could have
accomplished this rescue, and they themselves
began to fear the lifeboat would be knocked to
pieces. The boat was subsequently towed into
Yarmouth Harbour, and the rescued men lauded.
The hull of the ship, which had been left behind,
afterwards floated off the Sand.