The Sun.
London, England, 1869-04-03 00:00:00

X ONE A I ET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The business was of a limited description to day,
but, notwithstanding, the market showed firmness.
There is a good demand for stock of all descriptions,
but the holders refuse to lower their terms, and in-
tending purchasers therefore prefer waiting for the
present. There is a moderate demand for discount,
but the rate at which business can only be done is
31 to 4, as.a large amount of money has to be pro-
vided for the 4th.
Consols are 92/ 3 21 for money; ditto, for Ac-
count, 93 ; Three per Cent. Reduced, 911 f ;
New Three per Cents, 911 j ; Exchequer Bills
£l,OOO, 5 prem. ; ditto £lOO, £2OO, and £5OO,
par; Bank of England Stock, 4 per Cent., shut.
India Stock, 101 per Cent., April, 1874, 212 ;
ditto 5 per Cent., July, 1880, 1128 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Eufaced Paper, 4
per Cent., 92.

In the foreign market stocks arc firm, there is
a rise of I in Egyptian of 1868 and Turkish
of 1865, viz., to 761 to :1 and 41 to Bra-
zilian of 1865, 791 to 801 ; Chilian of 1867, 941
to 951 ; Egyptian of 1861, 86 to f ex div. ;
Italian of 1864, 518 to 551 ; ditto of 1868, 84 to
85 ; Mexican, 15 to 1; Peruvian of 1865, 784 to
79 ; Russian of 1866, 91 to 1, ex div. ; Nicolai,
661 to 671 ; Orel, 81i to 8.21; Moscow, 791 to f ;
ditto Charkof, 771 to 4. ; ditto Charcow, 77 to 4. ;
Spanish of 1867, 31 to 4. ; Turkish of 1858, 63 to
64 ; and ditto of 1862, 67 to 4..
In the Railway Market Great Eastern and
South Eastern have fallen f to 1 per cent., but
Metropolitan and Caledonian have improved f.
Prices are as follow :—London and North Wes-
tern, 1151 to f ; Great Western, 494. to 4., ex div. ;
Midland, 1161 to II ; London and South Western,
87 to 90 ; Great Eastern, 374. toe ; Brighton, 48/ to
I ; South Eastern, 75 to 4. ; Metropolitan, 101 s ;
Great Northern, 107 to 108 ; ditto A, 109 to 1091;
Caledonian, 79 to ; and London, Chatham, and
Dover, 16 to 4..
American Five-Twenty Bonds are per cent.
better, viz., 831 to ; Erie Railway Shares 24 to 3 ;
Illinois Central, 961 to 97 ; Atlantic and Great
Western Debentures, 33 to 34; and Consolidated
Mortgage Bonds, 33 to 34.
In Banking and Mitcellaueous Shares there is no
alteration in prices of yesterday.
There were no bullion operations at the Bank
yesterday.
The Royal Mail steamer Mandingo has arrived
at Liverpool from the West Coast of Africa, bring-
ing gold dust and specie to the value of £6,552 ;
and the steamer Bavaria, from New York, has a
small parcel of £1,371 for London and £7,312 for
Paris.
It has transpired that the bills had bees returned
of a house in Paris engaged in the merino and
muslin de laine trades having a branch at Now York
and an agency in London. The liabilities are esti-
mated at £170,000.
The failure has been announced of Messrs. Wil-
liam Dickinson and Sons, cotton manufacturers and
loom makers at Blackburn, with liabilities estimated
at about £70,000.
A 5 per cent. Government debenture loan for
£15,000, just offered at the Cape of Good Hope
for public tender, has been taken by the colonists
at about 1 premium.
A new large Russian Railway Loan will make its
appearance at Frankfort in a few weeks.
A combination of bankers at Paris and Frank-
fort have agreed for an advance of money to Portu-
gal, to be converted into bonds at a later day.
The receipts of the Zollverein for the last year
amounted to 27,319,527 thalers.
An ordinary general meeting of the Italian
Tobacco Monopoly Company is convened for the
28th instant at Florence.
The joint traffic return of the Caledonian and
North British Railways shows this week an in-
crease of £4,965 over last year.
The subscription list of the Trouville Mortgage
Loan of £400,000 sill be closed on Wednesday
next, the 7th instant.
At the half-yarly meeting of the Gas Light and
Coke Company a dis ideud was declared at the rate
of 4i per cent. per annum.
There has been a sudden rise in Atlantic and
Great Western Railway Se,curities owing to the
preparation of an official circular, to be issued to-
morrow, intimating that income bonds will be
issued forthwith for the payment of the overdue
dividends on the bonds. Purchases on New York
account also lead to the conclusion that the arrange-
ments with the Erie Railway will ultimately be
carried out.
The Frankfort advices state that, although specu-
lation in Austrian shares continues active in con-
sequence of the inflation at Vienna, it has almost
totally ceased in United States' bonds, and that in-
vestors are less eager, as they have the choice be-
tween a multitude of preference stocks guaranteed
by laropeart Governments, which at current prices
Would yield a higher interest. Money continues
abundant, and, as there are as yet no symptoms of
an over supply of securities on the market, new
issues are made every week.
We have received from Dr. Watson, late surgeon
to the hospital, Chiucha Islands, a copy of a pamph-
let he has prepared for circulation, containing in
detail his well-known views on the subject of the
speedy exhaustion of the guano deposits of the
Chinches, and the comparative worthlessness of
the guano on the other islands. Dr. Watson's
statements are of a very positive character ; but,
as they are directly opposed to those of other
authorities who are well acquainted with the cir-
cumstances, the bondholders must be left to draw
their own conclusions on a balance of testimony.
At public auction at the Open Stock Exchange
(Limited) yesterday :—Albert Life Assurance Com-
pany, £3 paid, sold at ss. 3d. per share ; Alhambra
Company (Limited), fully paid, 9f per ; ditto, £8 paid, 7f per share ; Crystal Palaceshare Com-
pany Consolidated Seven per Cent. Preference
Stock, par.
The usual half-yearly dividends and the sinking
fund on the loans of 1859 and 1863 of the Brazi-
lian Government were paid yesterday. At the
same time the pa y ment at par of the outstanding
balance of the loan of 1839 was effected. This is
most satisfactory, and speaks highly in favour of
the financial administration of they Government,
seeing with what punctuality these engagements
are kept without recurring to new operations.

FUNDS-CLOSING PRICES.

(iOI7EIINMENT FUNDS.
3 per Cent. Consols ........................... 921 3 21
............... 93
Ditto for Account,
9.44.
8 per Cent. Reduced
9 i•
New 8 per Cent
New 2 per Cent. Jan. 1894
Do. 5 per Con Jan. 1873
Annuities, 30 yrs, expire sth Jan, 1,83. t l
_—
Do. for 30 yrs, expire sth April 1865
Do (Red Sea Teletiraph), Aug., 1908 7 Exchcquor Bills, £1,009, 21 per Ut.
De 500
Do. £lOO & 5200 par
Bank of England Stock, 4 per Cent
De.,opening
Canada 4 per Cent. Bond
Inter-Celonial Ontnnun s -
INDIAN UOVENNMENT SECU.RITIgN
India Stock, 10* per Cent., April 1874... 212
Do. Opening, for Account .................. -
Do. 5 per Cent. July, 1880 ............... 112 k
Do. 4 per Cent., Oct. 1888 ............... 1021
Do. Certiticates ............................
Do. Enfaced Pape' 4 per Ceut....•• .... 92
Do. 5 per Cent., Jan. 1872 .... .. .......
Do. 51 per Out. May 1879 ...............
DJ 5 per Cent., Rnp. Deb. 1872 .........
Do
D do 177........
Do do. 1882 ......... --•
DJ. Deb, 5 per Cent., Aug. 1873 ~....
Do.o. u B .onds, 4 per Cent., £l,OOO
Dnder £l.OOO ...........................
Il'
FOREIGN FUNDS—CLOSING PRICES.
Axgeutine Republic, 6 per Cent ... .
Do., Scrip 445 paid ... .•
Do. 1e59 ............
Brazilian 5 er Cent
s°. q per Cent It;2
...................
DDo. do. 1858....
Doo. do. 186 1 ........ •••, -
D. do., 1863
o. 5 per Cent., 1665
....
.. ................ .
........... .
___
Uo Account ................ .
...... . .......... . 801 }
B ,etios Apes 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent.)
Odilian 6 per Cent .
Cuba, 6 per Cont.
--
Do. 41 per Cent..., ..•• ......... N.
per C
Do. 8 ent., ........................... --