The Sun.
London, England, 1869-06-25 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Consols are lower to-day, at 92/ 8 for money ;
ditto, for Ac;ount, ; Three per Cent. Re-
duced, 921 8 ; New Tkree per Cents, 921 / a ;
Red Sea Telegraph, 198 13-16 ; Exchequer Bills
£l,OOO, 3 prem.; ditto £lOO, £2OO, and £5OO, 2
prem. ; Bank of England Stock, 4 per Cent., —.
The railway market is firmer. London and South
Western are ICs. higher, Great Norther❑ (A) 4, and
Brighton, London and North Western, Midland,
Metropolitan, and South Eastern I each. London,
Chatham, and Dover, and Caledonian are excep-
tionally 8 lower. The following are the prices:—
Caledonian, 77 to 721 ; Great Eastern, 38/ to 381 ;
Great Northern, 108 to 109 ; Great Northern (A),
108+ to 1081 ; Great Western, 501 to 51 ; Lanca-
shire and Yorkshire, 126 to 1261 ; London and
Brighton, 441 to 55; London, Chatham, and
Dover, 161 to 171 ; London and North Western,
1181 to 1191 ; London and South Western, 89 to
91 ; Metropolitan, 971 to 981 ; Midland, 1171 to
1181 ; North Eastern (Bet.% iek), 1051 to 1061 ;
and South Eastern, 771 to 781.
In Foreign Stocks, Egyptian are especlally good,
while Peruvian and some others are fractionally
lower. The Emperor's Speech at Chalons, though
meaningless, has not tended to encourage specula-
tive business. Argentine are 801 to 81; Egyptian
(1864), 88 to 89 ; ditto (1868), 781 to 791 ;
551 to 56 ; Mexican, 121 to 124; Peruvian, 791 to
791; Orel-Vitebsk, 80 to 801.

_ •
American Securiies are extremely quiet. Tho
United States Five-Twenty Bonds are steady at
8O to 80i ; the Ten-Forties, 712 to 72i; Erie
shares are unaltered, at 19i to 20 ; and Illinois,
94 to 95.

Bank Shares continue quiet, and prices are little
altered.

in Miscellaneous Securities, Telegraph shares
are firm. Atlantic Telegraph is 1 higher, at 22
to 23 ; and Anglo-American Telegraph k, 201 to
24. General Credit is better, at 11 to 1 dis. ;
International Finance is steady, at 2 to 14 dis. ;
National Discount, 111 to 114 ; and Hudson's Bay,
is 124.
There were no gold operations at the Bank yes-

terday.
the joint-stock and other banks have reduced
their rate of allowance for deposits from 3 to 2i
per cent. A reduction of per cent. has also been
made by the discount establishments, whose terms
now are 21 per cent. for money at call and 2i for
deposits at 7 or 14 days' notice.
The interest due the Ist July on the Canadian
Consolidated Five per Cent. stock is advertised for
payment.
The Anglo-Austrian Bank has given notice that
the Coupon, due lst July, of the Roumanian Seven-
and-a-Half per Cent. Railway Loan, will be paid
on and after that date.

The half-yearly meeting of the Rhymney Iron
Company is called for the 14th of July.
We are informed that the recent issue of prefer-
ence shares by the Great Western Railway of
Canada has been fully subscribed.

The report of the Bank of South Australia, to
be presented on Tuesday next, recommends a divi-
dend of £lO per cent. per annum, free of income-
tax.

At the annual meeting of the Marine Insurance
Company a dividend and bonus of £8 per share oa
the 10,000 sh.trLs of the company were declared.
Mr. Miids, Coventry, of the firm of Coventry
and Sheppard, has joined the Board of the Metro-
politan Bank (Limited.)
The annual meeting of the proprietors of the
Union Bank of Australia will be held on the 12th
of July.
With reference to the London and Provincial
Law Assurance Society, it is notified that a divi-
dend at the rate of 4s. 61. pershare will be payable
on the 15th of July.
The Committee of Anglo-Austrian Bondholders,
in conjunction with the Council of Foreign Bond-
holders, have given notice that they have made
arrangements for the conversion of the sterling
bonds, under protest, through the Loudon and
County Bank, which will retch e the sterling
bonds, and deliver a certificate of identification of
the bond converte3, and also a certificate to re-
peseta the claim on the Austrian Government
for thi forced conversion. They have also made
arrangements to issue certificates to those bond-
holders who have already converted.

The last advices from Buenos Ayres bring the
official notices with regard to the national exhibi-
tion to be held in the city of Cordoba in the Argen-
tine Republic next year, to which the manufacturers
of all classes of implements and machines adapted
to agriculture, mining industry, &c., are invited to
forward their works. 'The full opening of the rail-
way from Rosario to Cordoba, a distance of 240
miles, now under rapid construction by Messrs.
Bras3ey, Wythes, and Wheelwright, will have been
previously effected so as to afford every facility for
the transmission of goods.

Thi, return from the Bank of England for the
week ended the 23d of June gives the following
results when compared with the previous week : -
Rest
PuLlic deposits
Other deposits 16,972,956 ... Decrease ... 482,445
On tiv other side of the account :

Government securi-
ties X14,239,871 ... Increase 66,207
Other securities 36065,011 ... Decrease ... 521,386
Notes unemployed 10,731,710 ... Increase ... 266,210
The amount of notes in circulation is £22, 680,440,
being an increase of £102,720 ; and the stock o f
bullion in both departments is .£19,595,960, showing
an increase of £442,335 when compared with the
preceding return.
Subjoined is a comparison of the present position
of the Bank of England and the prices of Consols
and French Rentes with the corresponding week of
last year :

Same Week
last Year.
Mullion
Reserve
Notes in circulation 22,680,440 ... 23,687,390
Rate of discount
Consols
French Relates

At Present.

The following is the official return of the cheques
and bills cleared in the Bankers' Clearing-house for
the week curling Wednesday, June 23 :
ThurLd.ty £9,766,000
Friday

Saturday...

. .
Mtmday 9,143,000

. .
Tuesday
Wednesday 8,051,000

£61,017,000

BRITISH FUNDS-CLOSING PRICES]

GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account, July 7
3 per Cent. Reduced 92-1 I
Now 3 per Cent
New 2} per Cent. Jan. 1894 -
Do. 5 per Cen J 9.11.1873
Aanuities, 80 yrs, expire sth Jan., ltsbU —
Do. for 30 yrs, expire sth April 1885 --
Do (Rad Sea 1 ele6raph), Aug., 1908 194
Exchoquor Bills, £l,OOO, 24 et 3 per Ct
Da £lOO, £2UO & £5OO —
B ink of England Stock, 44 per Cent
De. opening —
Canada 4 per Lent. Bonds —
Inter-Colouial Cranium
INDIAN LIOVERNMENT iSECURITIEtf.
India -itock, 104 per Cent., April 1874 —
Do. Opening., for Account —
Do. 5 per Cent. July, 1880 .. —
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enlaced Papei 4 per 0mit..,... _
Do, 5 per Cert., Jan. 1872 .,..
Do. sper } Ont. May 1b79
_

DJ b'pe: Cent., Rup:Deb. 1872
do 11377 —

1882

A......... ...... ---
D.,. Deb., 5 per Cent., Aug. 1873 ~
Do. Bonds, 4 per Cent., £l,OOO
Do. under .El.OOO
FOREIGN FUNDS—CLOSING PRICES.
Arputine Republic, 6 per Cent ... .
lu Arian Bonds 5 per cent .. —
Do. 1859 —
Brazilian 5 per Cent —
Do. 44 per Cent. 1852 —
Do. do 185 e....
Do. au. 186.1 .
Do. do., 1863 691
Do. 5 per Cent., 1865 —
1)o Account B2l
,Buenos Ayros 6 por Dent.
Do 2 per Cent. (Deferred 3 per Cent )
011* 0 Per Cent• fee tttttt tem? ttttttttt trult •-•'_