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

Consols are 921 3 2/ for money; ditto, for Ac-
count, 93 91; Three per Cent. Reduced, 91 i;
New Three per Cents, 911 ; 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, 1121 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Bonds £l,OOO,
14 prem.
In the foreign market Turkish Five per Cents
have receded 1, to 411 41}; Italian Five per Cents.
are 55i 55i ; Mexican, 15} 151 ; Greek, 11f 12 ;
New Spanish Three per Cents., 31 31i ; and Hon-
duras Railway Loan, 83 85 ex coupon. The other
prices remain unaltered.

American Five-Twentie are I lower, at 83+ 83j,
and the 1855 and Ten-Forty Bonds i-, at 82 821,
and 73i 741 respectively. Erie Railway Shares
have given way I to 24+ 241, and Illinois Central
stock is 1 lower, at 961 96+.
The Danubian Loan is 1, 1 prem., and the De-
bentures of the Trouville Association I, 1 prem.
In the Railway Market Caledonians are 1 per
cent. higher. Metropolitan have fallen /I, Sheffield +,
Midland 1, Great Eastern and London and North
Western 1 lower. The following are the quota-
tions :—Caledonian, 80 + ; Great Western, 49+,
bo+ ; Great Eastern, 36+ 371; Great Northern,
1071 81 ; ditto A, 109 1 ; Lancashire, 1221 223 ;
Metropolitan, 102+ 3 ; Midland, 1161 ; Shef-
field, 56 + ; Brighton, 481 49 ; North British,
35 36 ; North Eastern (Berwick), 102 3 ; South
Eastern, 751 751 ; London, Chatham, and Dover,
16 16/ ; and North Western, 1151 1151.
Atlantic Telegraph Stock is 26 27, the Eight per
Cent. Preference Shares at 31 3+, and Anglo-
American Telegraph Sivires at 221 22+.
A sum of £26,000 in United States eagles was
taken from the Bank yesterday for transmission to i
America. The total withdrawal for the week is
£233,000.

The New York, from New York, has brough
15,200.

The 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, intehded to
bold that meeting pro forma only, adjourning it to
Friday, the 9th inct.

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 diAributions 95 per cent. of the amount paid
up on the shares.

The directors of the Great NI 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 rennwal of ferry steamers, and
carrying forward to the current half-year the sum
of a 577 17s. Id.
___

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-
guished, and that, with the exception of £7BB, the
company has no liabilities. In addition to £40,000
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
Luid 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 mouths.
At the meeting of Price's Patent Candle Com-
pany a dividend was declared at the rate of 2i per
cent, per annum.

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

,; At the meeting of the British American Land
Company,la dividend dell per share,was declared,
and the directors' report was adopted.
At a meeting of the United 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 1864 is announced
for payment.

BRITISH FUNDS-CLOSING PRICES.

GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account,
per Cent. Reduced 914 New 3 per Cent
New 2} per Cent. Jan. 1894
Do. 5 per Cen ~ an. 1873
Annuities, 30 yrs, expire sth Jan., 1880 —
Do. for Su yre, expire sth April 1886 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchoquor Bills, £l,OOO, 24 per Ct.
Do.
£5OO
.£lOO a £2OO 1 Bank of England. Stock, 4 per Cent Shut
bat. opening ....... ..........................
Canada 4 per Cent. Bonds
lnter-Celonial (Minium .... .
INDIAN tiOVIIMNMANT •.......
India stock, 104 per Cent., April 18'74... 212
Do. Opening, for Account .................. --
Do. 5 per Cent. July, 1880 ............... 112/
Do. 4 per Cent., Oct. 1888 ............... 100 k
Do. Certificates ..............................
Do. Enlaced Pape. 4 per CAnt.. ......
Do. 5 per Cert., Jan. 1872
Do. 84 per Cent. May 1879
03 5 per Cent., Rup. Deb. 1872
1877
Do do

Do. do. 1882 —
Dv. Deb., 5 per Cent. Aug. 1873 —
Do. Bonds, 4 per Cent., £l,OOO
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
Do., Scrip £45 paid ..
Au-Arian Bonds b per cent
Do. 1859 —
Brazilian 5 per Cent —
Do. 41 per Cent. 1852 —
Do. do. 1858....
Do. do. 1860 —
Do. do., 1863 —
Do. 5 per Cent., 1865
Do Account Bo} }
B aenos Ayres 6 per Cont.
Do 2 per Cent. (Deferred 3 per Cent )
Ca'A, 6 per Cent.
o.,iiiati 6 per Cent _.
no. 4} per Cent...
Do. 3 per Cent., ....
Do. 6 per cost. 1867 Do. 7 per Cent. 1866
C .lo iluntn, 6 per 'Cent.
Da i 8 3 p-ir Cent., 1825
Daneian Pri • - • .:'"*"
Do 8 per Cenncti.r 11A17es' 7 i.er Cent
tryavlioarti,N7o.7_(;oensolidated, 1 per Cent
1-''''r L; all ..._
ii( Secood issue . *
Eno:
£X51000(,
BEonunla ................................... ....
u 8 ......................
Do, 1k64 .

........
Do. A.ccount
D. ,1;51,1! Ponds ........... ,
D0..1.10C Ponds
English Scrip, 1568
Do do. Zl5 pd
......
laGovernment PailwaY I)o,ur .„ 971
met 5 per Cont., 1824 5, ex Coups
s — Do. Account .. ............... . ... -...
DU. Coupons .....- -
........................... .•4 — Do. Account .............................I —