The Sun.
London, England, 1869-03-18 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'Ceocie.
Consols are 93 21 j for money ; ditto, for Ac-
count, —; Three per Cent. Reduced, 911 ;
New Three per Cents, 918 k ; ditto 21 per Cent.,
Jan., 1834, 741; Exchequer Bills, £l,OOO, 21 per
Cent., 5 1 prem ; Bank of England Stock, 4 per
Cent., shut.
India Stock, 101 per Cent., April, 1874, 210 ;
ditto 5 per Cent., July, 1880, 1121 ; ditto 4 per
Cent., Oct., 1888, ; ditto Bonds £l,OOO, 14 18
prem.
According to Reuter's telegram this morning the
French Rentes were 70f 15c ex.
In the Foreign Market there is a rise of 1 per
cent. in Danubian, at 861 to 871; in Russian
(1862), at 861 to 87 ; I in Portuguese, at 361 to
37 ; and 1 in Egyptian (1868), at 758 to 761.
There is a fall of / in the Tobacco Loan, at 84 ;
in Brazilian, at 791 to 791 ; and in Nicolai, at 661
to 67/ ; and an / in Italian, at 351, and in Spanish
at 31k. Turkish Five per Cents. are 401, and the
Six per Cents. 631.
The railway share market is rather firmer,
especially for Great Norehern (A) and Me-
tropolitan Extension, both of which show an im-
provement of 1 ; the quotations being 106 to 107,
and 1021 to 1031 ex. div. respectively. London,
Chatham, and Dover is also if higher, at
161 to 16k. A fall of I, however, has
taken place in Great Eastern, at 374 to 374 ; and
Midland, at 1161 to 116/. Caledonian is steady,
731 to 80 ; Great Western, 481 to 49 ; Lanca-
shire and Yorkshire, 123 to 1231 ; London
and Brighton, 49 to 491; London and North
'Western, 1131 to 1141; Metropolitan, 1031 to
1031 ex div. ; and South Eastern, 751 to 754.
United States 5-20 Bonds show a recovery of /,
the price being 831 to 83/ ; but Erie Shares and
Illinois are each 1 lower, being quoted at 241 p 25,
and 961 to 971 respectively.
Bank Shares show no perceptible chance. Lon-
don and Westminster is steady at 641 65 ; Oriental,
421 to 431 ; London Joint Stock, 32 to 33 ; Union
of London, 361 to 371; Consolidated, 41 to 48 ;
Anglo-Austrian, 15 to 16 ; Alliance, 131 to 141.
The Miscellaneous Securities are unchanged.
Anglo-America❑ Telegraph is steady, at 221 to
22i; General Credit is quoted, at 18 to 11 die. ;
International, 11 10 11 dis. ; Hudson's Bay is steady,
131 to 13i ; and National Discount, 111 to 11/.
The half-yearly general court of proprietors of
the Bank of England was held this morning. The
dividend declared was 4/ per cent., and it was
ordered to be paid on the sth of April.
There were no gold operations at the Bank yes-
terday, and the transactions during the week since
the date of the last return have resulted on balance
in a withdrawal of only £20,000.
With regard to the London, Chatham, and
Dover Railway scandal, it is stated that a general
scheme of compromise and reorganization, based on
the principle of mutual concession, has been
framed, and is now under the consideration of
some of the chief holders of the company's deben-
tures and stock, and if approved by them it will
be submitted to the general proprietary for their
sanction.
The Hudson's Bay Company have issued a copy
of the voluminous correspondence between the com-
pany and the Government, extending over a period
from July, 1862, to the 9th March inst., the date of
the letter from the Colonial-office, conveying
Lord Granville's proposal for the transference
of the territory of the company to the Dominion
of Canada. A meeting of the shareholders is called
for Wednesday next, the 24th inst., to consider
this proposal. Meanwhile the opinion of the Stock
Exchange with regard to it is indicated by a decline
the price of the £2O shares from 141 to 131.
The intimation that the Portuguese Government
bad confiscated the South-Eastern of Portugal
Railway occasioned great excitement in the City.
It is felt that the authorities of Lisbon are playing
a very absurd game in thus pretending to forestall
the rights of the English bondholders. The arrange-
ments made in the settlement of the dispute last
Sear were calculated to inspire a hope that the
Portuguese Government would be inclined to make
a satisfact. ry adjustment. They have now taken
a very opposite course, and the effect will be
greatly to interfere with their credit. A protest
should be nude to the Government through the
English Minister, with the view of expressing au
opinion on the point, especially when it is known
that the financial affairs of Portugal are in such a
state of disorder.
The traffic of tho London and South-Western
Railway shows an increase for the week of £284.
The traffic return of the Great Western Railway
exhibits au increase of £3,050.
The report of the National Bank of India
(Limited), to be presented on the 22d inst., shows
an avai?able total of £19,961, including a previous
balance of £1,069, and recommends a dividend at
the rate of 6 per cent. per annum, and the appro-
priation of £3,000 to reserve, leaving £3,045 to be
carried forward.
At the meeting of Renter's Telegram Company
(Limited) the directors' report, which announced
a total distributio❑ of 10 per cent. for the year 1868,
free of income tax, was adopted.
At a general Court of the London Assurance Cor-
poration a dividend of £2 ss. per share was de-
clared for the half-year ending tue 25th inst.
The mortgage debentures of the Trouville Asso-
ciation (Limited) were quoted 1 to 1 prem.
A general meeting of the Universal Private Tele-
graph Company is called fur the 31st inst.
At an adjourned meeting of the creditors of
Messrs. B. Watson and Co., spinners and manu-
facturers, held at Manchester, the unsecured liabi-
lities were stated at £60,000, and the assets, after
deducting payments to be made in full, at £10,400.
It was resolved to accept a composition of ss. in
the pound. A meeting also took place of the
creditors of Messrs. Ward, Armitage, and Co. ;
an offer was made to pay 7s. 6d. in the pound, but
a committee was appointed to investigate. The
liabilities are £40,000, and the apparent assets
£20,000.
The Coupons of the Egyptian Government
Loan of 1864, due the Ist April, and the Bonds
drawn for redemption, will be paid on and after
that date.
The Coupon of the English series (K) of the
Five per Ceut. Debentures of the Dutch Mortgage
Bank of Amsterdam, falling due the Ist April, will
be paid on and after that date.

1111TIIIII FIMS-TWO WOLOOJE

GOVERNMENT FUNDS.
4 per Cent. Consols
Ditto for Account,
5 per Cent. Reduced 9l/ i
...New 3 per Cent
how 2i per Cent. Jan. 1891
Do. a per Cen J 9.11.1873
.uuuitieb, So yrs, txpire sth Jan., 1880 —3
Do. for 3u yrs, expire sth April 1885 —
Do ( Red Sea Televaph), slug., 1908 —
Exclioqu”r Bills, £l,OOO, 2/ per Ct.
Do .£5OO
Do. £lOO & £2OO —
Bank of England Stock. 4 per Cent
account
Canada 4 per Cent. Bonds —
Inter-Colonial (Minium

INDIAN juVEitNMENT 8M:1114.11'U6.
India stock, 101 per Gent., April 1874 210
Do. Opening, for Account -
Do. 5 per Uout..luly, 168 U
Do. 1 per Cent.. Oct. 1868 -
Do. Certiticates
Do. bnfaced Papeu 4 per CAut
Do. 5 per Cert., Jan. 187/
Do. Si per (1-nt. Allty 18-"4 —
DJ sper Cent., Rup. Deb. 1872 —
Do do 1877 —
Do. do. 1882 los}
.kID..„ Deb., 5 per Cent., Aug. 1873 .„ —
Do. Bonds, 4 per Cont., £l,000
Di). under £l.OOO
FOREIGN FUNDS—TWO O'CLOCK.

iteptibile, 6 per ..... 9;
[)o., Scrip 4.45 paid ..
Au itrixL Bonds 5 per cent

Do. 1559 —
Ilelzilian 5 per Cent —
)1. ti per Cent. 1852 —
Do. do. 18 "iti —
Do. do. 186 ' —
Do. do., 1063 7l
Do. 5 per Cent., 1865
l)o Account 79i i
13 :coos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent )
Dl`)sl, 6 per Cent.
Oiah.,.
---•••• 6 per gentimsimmmtommunt,