The Sun.
London, England, 1869-04-10 00:00:00

:itIONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The Government securities are firm, although
there is by no means a brisk business, but where
changes have taken place the turn has been in fa-
vour of the seller. In the Foreign Market Russian
stock has recovered the slight fall of yesterday. but
American 5-20's have gone down on the receipt of
declining quotations for the other side of the At-
lantic. The market for railway shares is firm.
Consols are 93i 1- for money; ditto, for Ac-
count, 931 ; Three per Cent. Reduced, 91i 2 ;
New Tkree per Cents, ; Exchequer Bills
£l,OOO, par 5 prem. ; ditto £lOO, £2OO, and £5OO,
par 5 prem.; Bank of England Stock, 4 per Cent.,
241 i.

India Stock, 104 per Cent., April, 1874, 211 ;
ditto 5 per Cent., July, 1880, 1134 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Debentures, 1034 ;
ditto Bonds under £l,OOO, 13 14 8 prem.
In the Foreign Market the quotation aae as
follows :—Brazilian of 1865, 80 to 4 ; Chilian of
1867, 95 to 96 ; Egyptian of 1864, 86 to 87,
ex div. ; ditto of 1868, 761 to 764 ; Italian
of 1861, 554 to 551 ; ditto of 1868, 834 to
814 ; Mexican 144 to 15 ; Peruvian of 1865, 784
to 791 ; Russian of 1866, 901 to 914 ex div. ;
Nicolai, 651 to 66 ; Orel, 81 to 82 ; Moscow, 784
to 79 ; ditto Uharkof, 764 to 77 ; ditto Charcow,
764 to 77 ; Turkish of 1858, 634 to 64.
In railway stocks prices are quoted as follows :
London and North Western, 1154 to 1 ; Great
Western, 491 to ; Midland, 1161 to 1 ; Lon-
don and South Western, 87 to 89 ; Great Eastern,
371 to 371 ; Brighton, 48 to 481 ; South Eastern,
76 to 761 ; Metropolitan, 1021 to 1021; Great
Northern, 107 to 108 ; ditto A, 109 to 4 ; Cale-
donian, 804 to 1; and London, Chatham, and
Dover, 164 to 161.
American Five-Twenty Bonds are dull, and have
fallen to 831 to fr. Erie Railway shares are 241 to
; Illinois Central, 964 to 97 ; Atlantic and Great
Western Debentuaes, 30 to 31. -
In consequence of the Indian estimates for the
year 1869-70, presented by Sir Richard Temple at
Calcutta, having included on the disbursement side
au item of " bills drawn by the Secretary of State
for India, £8,400,000," an impression seems to be
entertained that the India Council will be likely to
invite. tenders for draughts on the several presiden-
cies at the rate of £700,000 per month. Such a
circumstance would, of course, much reduce the
demand for silver for that country, but it is possible
the figure which has thus appeared as a matter of
account may be illusory as to the actual cash move-
ments that may be necessary between the two
countries.

The half-yearly meeting of the Great Central
Gas Consumers' Company is appointed for the 30th
Inst., when the extent of the defalcations of Mr.
Higgs, their absconded cashier, may be expected
to be made known.

At the adjourned meeting of proprietors of the
Hudson's Bay Company the proposals of the Go-
vernment for a surrender of the company's terri-
tory were agreed to by a majority so large that the
opponents of the arrangement deemed it unneces-
sary to ask a poll.

The general ordinary meeting of the Antwerp
and Rotterdam Railway Company is called for the
4th of May.
A memorandum from the Varna Railway Com-
pany intimates that the direCt postal service with
Constantinople via Rustchuk commenced on the
sth instant.

The su►n of £ll,OOO in gold was taken to the
Bank yesterday.

The Mediator, from Melbourne, has brought
£14,152, and the Kangaroo, from Halifax, £3,500.
In consequence of the announcement made by
the Chancellor of the Exchequer, it is expected that
most of the fire insurance companies will make
arrangements to issue short time policies, charging
premium and duty to the 24th of June next, when
the duty will cease. The General Assurance Com-
pany has already done so.
Mr. William N. Massey, formerly Chairman of
Committees of the House of Commons and subse-
quently Finance Minister in India, has been elected
a director.of the National Bank.
Advices from Dundee report the failure of Mr.
William Clark, manufacturer, of Arbroath. The
liabilities are stated to be small.

The committee of the Stock Exchange have
ordered the shares of the Port Philip and Colonial
Gold Mining Company (Limited) to be quoted in
the official list as £22 shares,with £1 paid, in accord-
ance with the order of the Court of Chancery, re-
gistered on the sth inst.

TheAnglo-Austrian Bank is prepared to exchange
bonds of the third issue and shares of the second
issue of the Imperial Royal Privileged Lemberg-
Czerno witz Jassy Railway Company against the
respective fully paid-up scrip certificates.
The letters of allotment of the new Guatemala
Loan were posted to-day. The price of the scrip
is i prem.
4

Fifty guineas premium has been paid at Lloyd's
to effect re-insurance on the Lucerne steamer, out-
ward bound to Trieste. She left Middlesborough
on the 17th of March, and had not reached her
destination by the last telegrams from Trieste.