The Sun.
London, England, 1869-03-25 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two oCLocK.
No alteration has been mlde in the official rate
of discount.

Comols are 931 3 for money ; ditto, for Ac-
count, 931 ; Three per Cent. Reduced, 914 1 ;
New 1.1.-!ree per Cents, 914 s ; ditto 21 per Cent.,
Jan. 1894, 741 ; Exchequer Bills £l,OOO, ; ditto
£lOO, £2oo,anl £5OO, par; Bank of England Stock,
4 per Cent., —; ditto Opening, 4081 8.
India Stock, 101 per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 1121 ; ditto 4 ptx
Cent., Oct., 1888, —; ditto Bunds under £l,OOO,
11.

Foreign Stocks are quoted :—ltalian, 551
Mexican, Greek, 111- 12 ; New Spanish, 311
; Turkish Five per Cents., 411 1.
The Danubian Commission Guaranteed Loan
is I, 1 prem.
The Honduras Loan is steady, at 85, 87 ex
coupon.
The mortgage debentures of the Trouville Asso-
ci,ition are quoted 1, 4 prem.
In the Railway Market Great Western are h-
lower, Metropolitan 8, Midland -I, Sheffield 1,
and North British 1. Great Eastern have im-
proved Brighton 1, and North Western 1.
The quotations are :—Great Western, 49i 50 ;
Great Eastern, 361 37 ; Great Northern 107 108 ;
ditto A, 1061 7 ; Lancashire, 1221 3 ; Metro-
politan, 1011 to 102} ; Midland, 1161 to 116 ;
Sheffield, 541 to 512 ; London and Brighton, 48i
to 49 ; North British, 351 to 351 ; London and
North-Western, 1141 to 1151; North Easter, 102
to 103 ; South Eastern, 75i to 76 ; and London,
Chatham, and Dover, 161 to 161.
United States Bonds have improved 1, the 5-20's
being quoted 831 ; the 1885 Bonds 821, and the
Ten-Forty Bonds 731 731: Erie Lave given way
to 241 to 24.}, and Illinois Centrals are un-
changed at 961 971.
The Atlantic Telegraph Original stock is 25 to
27 ; the Eight per Cent. Preference shares. 3 9-16,
3 11-16 ; and Anglo-American Telegraph shares,
22i to 221.
The receipts of the Illinois Central Railroad
Company for the month of February are as
follow : —Land Department : Total sales during
the month of February, 1869, 9,991.07 acres,
for $105,407.19 ; cash collected in February,
$217,868.43. Traffic department : Total receipts
in month of February, 1869, $196,845.63 ; total re-
ceipts in month of February, 1868, $488,088.79.
Estimated earnings in the month of February,
on th D. and S.C.R.R., not included above,
$61,937.75 ; corresponding month of 1868,
$43,134-37.

At the Bank bullion-office no transactions were
reported yesterday. Since the date of the last
r eturn £105,000 has been withdrawn for exportation.
The Ripon, from Alexandria, has brought £2,500
in specie.
Advices from Sydney state that the two follow-
ing vessels have sailed for England with gold, viz.
—the Ascalon, having £29,024, and the La Hogue,
£28,240.
The Committee of the Stock Exchange have
appointed Wednesday, the 31st inst., for a settle-
ment in the scrip of the United Canal and Railroad
Companies of New Jersey. The scrip is to be
marked in the official list.

According to Constantinople advices the recent
loan on Turkish Treasury Bonds, introduced by
the Societe Generale, has been as much a failure
in that city as it is believed to have been in London.

The accounts of the Bank of British North Ame-
rica for the year 1868 show a profit of £70,304,
which will allow of the payment of a dividend at
the customary period at the rate of 6 per cent. per
annum, and a bonus of 1 per cent.
The Manchester Guardian announces the stoppage
of Mr. J. Andrew, cotton spinner, with moderate
liabilities.

At a meeting of the creditors of Mr. John Hamer,
manufacturer, of Farnworth and Manchester, the
liabilities were stated to amount to £26,861, and
the assets to £19,504. An offer was made to pay
10s. in the pound, but a committee of investigation
was appointed.
At a meeting of the Dundee creditors of Messrs.
Heatiey, Cowan, and Co., merchants, of London,
the unsecured liabilities were stated at upwards of
£50,000, while the available assets reach only about
£2,000. One of the creditors was appointed to
investigate the estate.
With reference to a bill filed by the official liqui-
dator of the Land Credit Company of Ireland
against Lord Fermoy and others of the directors,
the Master of the Rolls has decided that certain of
the directors who improperly paid away funds of
the company for its own shares speculatively
bought in the market are jointly and severally
liable to repay the amounts so disbursed. In ad-
dition, he condemned them in the costs of the suit.
The report of the British American Land Com-
pany, to be preseutad on the 31st inst., recommends
a dividend of £1 per share, which will absorb
£6,000, and leave £442 to be carried forward.

The report of the Hongkong and Shanghai Bank-
ing Corporation, presented at Hongkong on the
15th ult., recommended a dividend of 6 per cent.
for the half-year, leaving $63,252 to be carried
forward after an appropriation of $200,000 to the
reserve fund.

At the meeting of the Law Union Fire and Life
Insurance Company the report stated that in the
fire department 4,224 new policies had been issued
during the year, yielding in premiums £6,193, and
in the life department 221 new policies, insuring
£165,225, yielding in premiums £6,131. A divi-
dend and bonus, together of 10 per cent., upon the
paid-up capital were declared.
The report of the directors of the Crystal Palace
District Gas Company, to be presented at the
half-yearly meeting to-day, recommends a dividend
at the rate of 7 per cent. per annum on the ordi-
nary 7 per cent. capital ; and at the rate of 10 per
cent. per annum on the original capital, free from
income tax.

The first annual meeting of the Bolivar Railway
Company (Limited) is called for the 3d of April.
At the meeting of the Hudson's Bay Company,
the chairman, Sir Stafford Northcote, moved a re-
solution to the effect that the proposal made by
Lord Granville be accepted. During the discussion
which ensued and lasted for three hours, Mr. Boner
moved an amendment that the proposal be referred
to a committee, but it was ultimately resolved to
adjourn the meeting for a fortnight. In reply to
Mr. Newmarch, the chairman stated that if the
proposal be accepted the £3OOOO will be raised
under an Imperial guarantee.

EXIT= FUNDS-TWO O'CLOCK

GOVERNMENT FIJNDS.
Z per Cent. Consols
Ditto for Account,
8 per Cent. Reduced 9II *
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cen i 312.1873
Annuities, 80 vrs, expire sth Jan., leeu —
Do. for 3u yrs, expire sth April 1885 —
Do (Red Ses Telek,raph), Aug., 1908 —
Exchoquor Bills, £l,OOO, 21 per Ct.
Do £500
Do. £lOO & .£2OO ... —
Bank of England Stock. 4 per Cent —
lie, opening
Canada 4 per Cent. Bonds —
Inter-Colonial Omni=

INDIAN tirOVERNMENT SECITIUTIBt..
India stock, 10f per Cent., April 1874
Do. Opening, for Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent.. Oct. 1888 -
Do. Certificates
_ _

L. Enfaced Papez 4 per CAnt..., —
Do. 5 per Cert., Jan. J 872 ..,,. —
Do. 51. per Cvat--. May 1879 —
D.) 5 per Cent., Rup. Deb. 1872 —
Do do 1877 —
Do. do. 1882 —
D::. Deb., 5 per Cent., Aug. 1873 .„ —
Do_ Bonds, 4 per Cent., £l,OOO
Do. under £l,OOO

FOREIGN FUNDS—TWO O'CLOCK.
Argentine Republic, 6 per Cent ...
Do., Scrip £45 paid . .
Auitrian Bonds 5 per cent
Do. 1859.. •••• •
Bruilian 5 per Ceat 651
00. 4} per Cent. 18b2
Do. do. 1858....,
Do. de. 1861
Do. do., 180 ttttt tuttlmmtm

Do. 5 per Cent., 1865
Do Account Boi 79
B aenos Ayres 6 per Cont.
Do 2 per Cent. (Deferred 3 por Cent.)
Cub;t, 6 per Cont.
Ociliau 6 per Cent —
I),Th. 41 per Cent —
Do. 8 per Cent ,
Lo. 6 per cont. 1867
Po. 7 per Cent., 1866
Colo übian, 6 per Cont.
Dan,sh, 3 per Cent., 1825 . —
Dan , I tan Principalities, 7 per Cent —
Do 8 per Cent., 1867 B7l I
Vquador New tion.iolida.ted, 1 per Cent.
E4yoian, 7 per Cent.... . ..•
Po Second Issue .. ........... ..•.•..•
.£3!)1, Bonds
Do. .ClOO Bonds •••••
1)o. 1864
Do. Account
Do. £5OO Bonds
Do. 4106 Bends 96
English Scrip, 1868
Do do. rid pd — dis
Government ',Nil way Dely.niures
Circe': 5 per Cont., 1824 5, ex. Coups ll}
Do. Aeecuut -
Do. Coupt,ns -
Do. Account
s latemaia 6 per Coln .. 62
!lon lams Gov.ltail.Loan., lop. et., all pd
Lti,i,..!, 5 p,-.1- Ccrt., 1665 _ _
..).7). Accountd ~
Do Mu-ea-mina Bali Way 56";
ocxjczti. 3 per Cent
Ditto for Account
Do. 1864
Do ; oor Cent. A mr.lo-ifi °Leif —
ouit-,vid:;a,. n per Cent
..
AL :rish Imperial 5 pet Cent
.'ew Granada IGB ii

Do 3 por Cat
Do. Deferred
•?eruvian 5 per Cent. 1865
Do Account ..
Do 4i per Cent. (Ui:';:trren)
Do 4? per Cent.. 1862 ..

Do Account
P .rt..igueso 3 per Ct., 1853,'6, 7, '9,',-i,,,'2,': 361
Do. do. 1Y•67 —
Do. do. Scrip, £2O pail —
11,issian 5 per Cent., 1.82 z, £ St
Do 4i per Cent , 1850
Do 44 per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cont., 1862 -
Do. Anglo-Dutch, 1864, £lOO bond:.,
Do. do. £B4 los. d 0...,
Do., 1866, £lOO Bonds -
Do. cb £B4 15s. do —
o Nicolas Railway —
Sar !!unn, a per Uent —
Spanish 3 per Ceti.... -
._,

.
Do. Acc,Junt
Do. 1867
Do. Account
Do. New Deforrou —
Do. Account ' —
Do. Passive
Do. Corn. Cert. of Coup. not funded

Do. Account
Swedish Provincial Mortgage Loan —
Do Government, 1864
Do do, 1868
Do do, Scrip
Turkish 6 per Cent.' ...,.. .
Do Account
Do 6 per Cent. 1858 63;
Do Account b..

Do £lOO Bonds
Do 6 per Cent., 1862

Do Account _

Do £lOO Bonds
Do 5 per Cent. 1865
Do Account
Do 6 per Cent., 1866
Do 4 per Cent., Guarantec,i
Laud Warrants (hectares)
Venezuela 3 per Cent.
Do. A cc. lint
Do 6 per Cent., 1862
Du 6 per Cent. 1864
Dividends on the above payable in London.
A.ustrian a per Cent. Ex 10 Florins ...
Belgian, 44 per cent., Ex. 25f.
Dutch 24 per Cent. Ex. 12 Gail
Do. 4 per Cent. Certificates
Do. Account
French Rentes' 3 per Cent., Ex. 2sf.
Italian 5 per Cent. 1831, E. zsf
Do Account 551
TWO O'CLOCK.
tionsols, Money 93
Do. Account, April 8„ 93 1

MARKE7S-7IIIS D.ll'.

LIVERPOOL COTTON MARKET.

March 25.—Sales probably fully 18,000 bales. The
market firm and advancing.

METROPOLITAN CATTLE.

There was a large show of lambs for the opening of the
season, and the weather being cold the demand was not
good. Rates consequently ruled relatively lower in cmL-
parion with other descriptions of meat. The mutton trade
was also dull, but prices remained about the same as on
Monday.

The number of sheep and lambs on sale was 10,300.
There were 610 beasts on offer, of which one half was

from abroad. Trade ruled dull, and lower price; had to
be taken to effect sales. The veal trade was depressed,
and quotations were accordingly reduced. 281 calves were
offered.

Foreic:n Mail Packet List.

MAILS DUE.

t.ustralia and New Zealand, via eouthampton.....Mar. 27
Ditto, via Jj3rsBinee . ... . . ....April 19
.runt, Buenos Ayres, and Monte Video April 6.
Ditto, by French packet
:ape Verds. by Brazil paoaot •• .. ....•April 6
;Ape of Good LEpe. Ascension. and St. Helena .. Mar. 30.
,bins. Penang, and Sing.tpore, via :Southampton Mar. 27.
ibraltar, via Southacapton . Mar 27
India, via Soutbamoton .. ..... ....April 5
unto, via Marseii es .......... M tr. 2).
Malta, Egypt, &0. Mar 6.
Ditto, Marseilles Mar. 26
• ewfoundla pc
Mat ritius, Cape of Good Hope, and Natal, via
Bentham' ten
Ditto, Marseilles ~ April 7
eortugal ...
United States, t anada, California, &c., by British
packet .......Mar 27
Ditto, by Canadian packet .... ............. •• •
Ditto, by L. rited States packet ............... . Mar 24

Ditto ditt c (Baltimore) ........ • • .........
West Coast of Africa, Madeira, and Teneriffe ...... ipiii 2
Wet,t Indies and Pa3itic (except Mexico and Bahamas) ...... . ,Mar 31
Cuba and Mexico • .Mar. 31,
.... ..... • • .
......
Bermuda, via Halifax.,,,, •• Mar 24
Bahamas, via New York
....... . ..................

MISSING SHIPS. —The Sophie, which sailed from
Lagos, West Coast of Africa, on the 25th of June, for
Liverpool, called at the island of St. Thomas, Africa, and
was to leave that island on the 13th of August last, and
the Tabasco (schooner), which sailed from Laguna on the
sth or 6th of November, for Liverpool, have not since been
heard of.
HUNTING ACCIDENT.—An accident befelllMr.
Pocock, a county magistrate for Berks, while following
her Majesty's staghounds. In taking a leap the horse
fell, and Mr. Pocock tumbled over the horse's head and
broke his collar-bone in the fall. Mr. Pocock was con-
veyed home by train. Mr. Goolden was quickly in at-
tendance, and his patient is understood to be going on
favourably.
GOLD CONTRACTS.—The United States Supreme
Court, through Chief Justice Chase, has recently delivered
an opinion on the subject of the binding effect of a cove-
nant for the payment of rent in a lease of land for 99 years,
made in 1791, and a renewable for ever. The rent re-
served was £l5 current money of Maryland, payable in
English golden guineas, weighing five pennyweights and
six grains, at 355. each. The Court held that the prin-
ciples of Bronson v. Bodes, recently decided, would
govern tho case, end that, consequently, a contract to
pay a certain sum in gold and silver is in substance
and legal effect a contract to deliver, a certain weight of
gold and silver of a certain fineness, to he ascertained
by count. In reference to the mode of assessing damages
the Court held that contracts for the payment of coin can
be satisfied either before or after judgment only by the
tender of coin, and hence, that the judgment of the Court
below should be for the amount ascertained to be due,
payable in gold and silver. In the case before the Court
the jury had assessed the damages at the value of the rent
in arrears, estimated in legal tender notes at the time the
verdict was rendered. This course was held to be erro-
neous. The debtor in cases similar to the one above men-
tioned must now pay the amount of the judgment in gold
and silver, and should his property be seized in execution
the Sheriff must give notice that the purchaser will be
required to pay in specie.—Public Ledger.
The Republicans of Rhode Inland, at a State Con-
vention at Providence, nominated for Governor the _dm
Seth Pedelford of Providence, Governor Burnside having
declined another election. The other State officers were
nominated for re-election as follows :—Lieutenant-Go-
vernor—Pardon W. Stewart, of Newport. Secretary of
State—John R. Barlett, of Providence. Attorney-General
Sayles, of Providence. Treasurer—Samuel A.
Parker, of Newport.
Mr. Cyrus W. Field has returned from France
to London, and is at the Palace Hotel.

Lieutenant Burney, 83d Regiment, and 30 men
are held in readiness, at Colchester, for embar-
kation for Gibraltar ; and Lieutenant Dodd, 48th
Regiment, and 10 men arc similarly held iu readi-
ness for embarkation for Malta. Lieutenant Smith,
2-20th Regiment, ,is under orders to remain at the
depot at Colchester pending promotion to the rank
of Captain. Lieutenant Birch, 2-20th Regiment,
and 30 men, Lieutenant Tawke, 32d, Ensign
Inglefield, 2 sergeants, 3 drummers, and 140 men
are held in readiness to embark for the service com-
panies of their respective corps at the Cape of Good
Hope. - -

RAILWAYS.-PREFERESCE SHARES AND STOCKS.

With Dividends contingent on the Profits of each separate year.