The Sun.
London, England, 1869-10-07 00:00:00

"M 'O N..E Y-- E:-E"r

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The meeting in the Bank parlour to-day did not
result in any alteration in the rate of discount. On
the Stock Exchange business was active, the news
from abroad being looked upon as pacific. The ,
Inquiry for Railway shares was also good, and im-
proved rates in many cases were obtained.
Cionsols are now at 931 to 93-3 for money
ditto; for Account, 93i ; Three per Cent. Re-
duced, 911; New Three per Cents, 911 3 ;
Exchequer Bills £l,OOO, March, 5 prem. ; June,
prem. ; ditto £lOO, £2OO, and £5OO, March,
5 Pm. ; June, 5 pin ; Bank of England Stock,
4 per Cent., 237 ex div.
India Stock, 101 per Cent., April, 1874, 212 ;
ditto 5 per Cent., July, 1880, 114 ; ditto 4
Per Cent., Oct., 1888, 1003 ; ditto Enfaced Paper,
1 per Cent.,
In the Foreign Market prces are firm. Argen-
tine are quoted 811 to 811 ; Brazillian, 83 to 84 ;
I‘4gYptian (1864), 853 to 863 ex div. ; ditto (1868),
771 to 771 ; Viceroy's Seven per Cent., 81 to 811 ;
ditto, Nine per Cents., 98 to 99; Italian, 521
to 53 ; ditto Tobacco Loan, 84 to 86 ; Peruvian,
791 to 801 ; Portuguese, 33 to 34 ; Orel, 841 to
853 ; Nicolas, 671 to 681; Moscow, 83 to 831;
eharkof, 803 to 801 ; Spanish, 26+ to 273 ; and
Turkish Five per Cents., 421 to 43.
American Five-Twenty Bonds, 833 to 841; ditto
(1865), 831 to 833 ; ditto (1867), 82+ to 823; Erie
Shares, 241 to 241.
Bank Shares are quoted as follows Agra
(A) Shares, 101 to 111 ; Alliance, 121 to 131;
Anglo-Austrian 11 to 13 ex new prem. ; Char-
tered Mercantile, 323 to 333 ; Consolidated, 43
to 48 ; Imperial Bank, 16 to 17 ; and Imperial
Ottoman, 21 to 23 prem.
In the Railway Market prices are higher. Cale-
donian
821 to 821 ; Great Eastern 37 to 373 ;
Great Northern, 105 to 107 ; ditto (A), 1023 to
102+ ; Great Western, 55 to 553; Lancashire
and Yorkshire, 1231 to 1243 ; London and
Brighton, 44 to 441 ; London, Chatham, and
Dover, 161 to 161 ; London and North Western,
1161 to 1161 ; London and South Western, 891
to 903 ; Metropolitan, 891 to 891 ; Midland, 1163
to 117 ; North Eastern (Berwick), 115 to 1151 ;
and South Eastern, 773 to 77i.
Anglo-American Telegraph shares are 203 to 203,
an improvement of i ; French Cable, 163 to 16+ ;
and Construction and Maintenance, 291 to 290.
In Miscellaneous Securities General Credit is
quoted at 13 to 1 dis. ; National Discount, 10+ to
113 ; Hudson Bay, 133 to 143.
The sum of £25,000 in sovereigns from South
America was taken to the Bank yesterday, making
a total of £125,000 in the week since the return.
A prospectus has been issued of the Anglo-Ger-
'llan Steamboat Company to establish a line of
steamers between Hamburg and Harwich, commu-
nicating with London by the Great Eastern Rail-
.waY• The proposed capital is £150,000 (in shares
of £100), half of which is offered for subscription
in London. The time from London to Hamburg,
via Harwich, will, it is said, be 26 hours, against
37 hours by the existing steamers, and the trade,
especially in live stock, is represented as capable of
great development.
The tenders for the £500,000 City Bonds,
bearing
44. per cent. interest, offered for sub-
scription at par on account of the Holborn Valley
treprovetnents, amounted to about a million and
a
quarter. The allotment to each applicant will
therefore be at the rate of about 40 per cent. of the
Stun asked.
The Varna Railway Company have received
official intimation that the Turkish Government
have sanctioned the payment of the guarantee
Pon the capital actually expended, leaving to
arbitration the question whether the Porte is liable
for the guarantee upon the whole of the nominal
capital, thereby confirming the statements made
at_ the general meeting of shareholders on the 30th
the secretary at Constantinople. It is understood
that the expenditure has exceeded the nominal
capital.

The speech of the King of Prussia at the open-
'ng of the Chambers is pacific. At the same time,
the allusion to the failure of the recent financial
measures and the necessity of increased taxation
Point to the probable introduction of a new loan.
The credit of Prussia is satisfactory, and the Go-
vernment would be able to raise money on terms far
from onerous.
st.:lhe private telegrams received in
,the City from
,rain are of the most unfavourable character.
Ahere seems to be no doubt that the Government
ie Placed in a most critical position, and that it will
require great energy and activity to repress the
revolutionary movement. Several of the Republi-
can Deputies have gone to the provinces to raise
them,
with the view of eventually enlisting the
IYinpathies of the inhabitants of Madrid. Alto-
gether the condition of the authorities is anything
Out encouraging.
The tenders for £200,000 in bills have been re-
e,l7ed at the Bank of England, the amounts
allotted is to Calcutta, £132,000, and to Madras
:B:°°° ; the minimum price was fixed as before
18' lid, on both Presidencies ; and tenders at
a:1; will receive about 10 per cent. Those
3" in full. These results show no material
01
the
atitgase in the demand for means of remittance to
et:l'4e Surrey shaft of the Tower subway is now in
arse °f rapid completion, and as the tunnel from
thenl Middlesex side is within a few feet of it a com-
ber'lleatiou under the river is expected to be made
liore the end of this month.
Co,lle half-yearly meeting of the Cape Railway
ii4,Pany is called for the 26th inst.
e annual meeting of the United Kingdom
Electric
Telegraph Company (Limited) will be
held
°A the 21st inst.
itiv' he ordinary meeting of the Queensland Sheep
tb,e4truent Company (Limited) will be held on
,15th just
•
'the Leeds
ke_ Mercury mentions the stoppage of
1.8. Gibson and Boyce, drapers, of Bradford,
vit7
liabilities for about £13,000, and the prospect
,42.ir dividend.
4.1 iatb reference to the notice of the failure of
a4(ll3Bcre* Gavin and M'Kerrow, Messrs. Anderson
state ,°*l 51, Miller-street, Glasgow, request us to
aim they are not the firm whose suspension
tolv,eansed the failure of Messrs. Gavin and bl'Ker-
with whom they are in no way connected.

0 O'OLOOL
IsliTin FINDS—TWO
4 _UoVERNaIExT t'uNDs.:
93i I
13/7 Cellt. Consols
931
s ttto for Account, NOT. 4
931
New Cent. Reduced
93i i I
dew 1? 3 Per Cent
74i
ln2t Per Cent. Jan. 1894
44 —. per Oen J an. 1873
tiu.ities,
080yrIrs,exepxipriere5t5hthApJ
rain), 1818808.0 : I
Do
(fled (2,a Tele6raph), Aug., 1908 T 5 pm
ienaquor Rills, 41,000, 21 p. (A. M;lren"e
Do. 3 do. J 5
f, ba
ase,xit.
4100, .£2OO dc £5OO
......
De of England Stock, 411 per Cent
c... 11:, oputiug
14 `4l 4 por Cent Bonds
_
toColonial °minium
India UoVBRNMENT BECUItITIE6
, a S'tock, 101 per Cent April 1874 212
'''')• OPenin for Account
Do. F,
—ll4
D_ . per Cent. July, 1880
DUI
/21`-'' I Per Cent., Oct. 1888
.se. Certificates
g-1,00. Eufaced Pape, 4 per Omit.. ... —
_• 5 ker Cert., Jan. 1872 ..... ... —
__.
i")°. 61 per Oeut. May 1879
63 per Cent It Deb. 1872
~ up.
_
.bo
do 1877
_
Do,
L, 1, do. 1889 14' o"eb., 6 per Cent., Aug. 1873
prr
f) ' "ode 4 per Cent., .£l,OOO
0. under 41.1,00
Argentine
roxutioN FUNDS-. TWO o'Boll,ooll.
epublic, 6 per Cent
u ttr.ittu Bonds 5 per cent
traet Do. 1859 —
1 all 5 Per Cent
il°' lit Per Cent 1852 _
iz:
(di. ' 1358....
1861 —
be ,'"(1)
711
Do, u , 183 5 per *Cent , 1865
1i,,13e° account
.. . ..
~00s Ayres 8.;:e1: . (lel; ..
......
91i
oii"bo 2 per Cent. (Deferred 3 per Cent.)
'4'
6 Per Ceat•