The Sun.
London, England, 1869-03-04 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLock.
Consols are 92i 1 3 for money ; ditto, for Ac-
e(nlat, —; Three per Cent. Reduced, 91/ 4 ;
New Three per Cents,
India Stock, 101 per Cent., April, 1874, 211 ;
4140 5 per Cent., July, 1880, 1121 1 ; ditto 4 per
Cent., Oct., 1888, 1001 14 x.d. ; ditto Debentures,
104 k; ditto Bonds under£l,ooo, 19 pr€m.
Foreign stocks are good, with the exception
°I Turkish Five per Cents. of 1865, and Greek
Bonds, which show a reduction of k and
respectively. Peruvian Five per Cents., on the
other hand, have risen and Italian Five ptr
Cents. of 1861 I. The quotations are :—ltalian,
58.1 57 ; Greek, 114 124; Mevican, 151 to 15i ;
Turkish Five per Cents., 41i ; New Spanish
Three per Cents., 32k 32 ; Peruvian Five per
Cents., 81 811 ; and Honduras Railway Loan,
85 87.

The New Turkish Loau is quoted at 1 to 11
Prem.

In railways, Caledonian are lower, Great
Northern 2, Great Northern A 1, Metropolitan *,
aild South Eastern *. On the other hand, Shef-
field area better, Brighton 1, North Western and
North Eastern 1. The quotations are :—Cale-
donian, 764 71 ; Great Western, 481 4 ; Great
Eastern 37* ; Great Northern, 107 8 ; ditto
AI 104 5 ; Lancashire, 124 1 ; Metropolitan,
!,°, ; ditto Extension, 105 6 ; Midland, 115 16 ;
"heffteld, 53 1 ; Brighton, 501 ; North British,
381 I ; North Western, 1141 ; North Eastern
(Berwick), 1021 31 ; South Eastern, 751 61
Lhaitham and Dover, 161 17.
United States Bonds are much firmer, the Five-
Twenties and Bonds of 1885 showing a rise of I,
at 814 82, and 80* 801 respectively. The Bonds of
1885 are also 4 better, at 734 731 ; Illinois Central
stock has receded 4, to 964 971, and Eries remain
at 24} 25.
Atlantic Telegraph Original Stock has given
Way k, to 331 341 ; the Eight per Cent. Preference
shares have receded *, to 4 4i ; and Anglo-Ame-
rican Telegraph Shares are unaltered, at 221 22k
the sum of of £93,000 in gold was withdrawn
413111 the Bank yesterday, making a total of
X 267,000 during the week since the date of the last
return.

t, The Martha Bernie, from Sydney, has brought
'41,500, and the Lagos, from Africa, £12,450.
A moderate amount of Mexican dollars, includ-
llg those brought by the West India packet, has
den disposed of at 59i-1., being an increase of id.
1:Pou the last rate. Bar silver is flat, the demand
for India having for the moment subsided.
A call of £5 per share, representing £500,000, is
payable at the Bank of England on Monday by the
'Unfortunate shareholders in Overend, Gurney, and
Company,
The annual Court of Proprietors of the Canada
Company is convened for the 31st inst.
A general meeting of the Varna Railway Com-
pany is called for the 31st inst.
With reference to the General Exchange Bank
(Limited), which is now winding up in Chancery, a
circular has been issued by the committee of credi-
t°ra and shareholders in conjunction with the liqui-
dators, proposing to pay the creditors, with the
dividends already declared, 19s. in the pound at
°rice, in full discharge of their debt. The committee
recommend the acceptance of the offer.
The prospectus of the expected new Turkish
Loan has been issued. It announces that the
Societe Generale of Paris have authorised Messrs.
C. Devaux and Co. to receive applications in Lon-
don for the Treasury Bonds of the Imperial 0tt0:244n
:244n Government, the prospectus of which is
4„ta„stled• The amount is 62,000,000 f., or about
4z)480,000 sterling, to be issued in London, Paris,
Constantinople, and Amsterdam, at 83 per cent.
The b
Gilds will be for 500 f. (£l9 168. 10d.) 2,500 f.
(499 45. Id.), and 12,500 f. (£496 Os. Bd.) being
calculated at the rate of 25f. 20c. to the
Il sterling, for issue and repayment, bearing
interest at 6 per cent. per annum, from
31st October, 1868, and redeemable in equal pro-
Portions at par, in franc- or sterling, at such fixed
rates and at the following dates, viz. :-15,500,000f.,
Or about £6.20,000, on the 30th April, 1872 ;
15,500,000 f., or about £620,000, on the 31st Oc-
tober, 1872 ; 15,500,000 f., or about £620,000, on
the 30th April, 1873 ; £15,500,000f., or about
£620,000, on the 31st October, 1873. The bonds,
taking into account the periods for repayment, are
calculated to give a return (as near as may he) of
12i per cent. per annum. By convention the
following annual revenues :-1. The yearly tithes
of the villayet du Danube, amounting to about
975,000 Turkish livres. 2d. The yearly tithes of the
villayet d'Adrianople, amounting to about 715,000
Turkish livres. 3d. The yearly tithes of the
villayet de Salonique, amounting to 'about 480,000
Turkish livres. 4th. The sheep tax of Anatolia,
amounting to about 510,000 Turkish livres—total,
2,680,000 Turkish livres (or about £2,412,000 ster-
ling), are appropriated, during the period of five
Years from the 31st day of October, 1868, to the
payment half-yearly of the principal and interest
of the whole of the bonds to the extent of
17,592,077 francs (or about £700,000) being a sum
equal in amount to the principal and interest pay-
able half-yearly; and the convention provides for
the payment direct of the revenues so appropriated
!o the parties to the said convention. The conven-
11°11 also provides that in case of the revenues
sO appropriated being insufficient the Im-
reial Ottoman Government will make good
necessary sum five days at latest previous to
each half-yearly payment becoming due. The terms
o
Payment are—on application, £lO per cent. on
nominal amount of bonds applied for ; on allot-
-41 °at, ;on Ist April, 1869, £2O ;on Ist May,
1869, £32 6s. 10d. ; total, £B2 6s. 10d. ; less inte-
rest (free of income tax) due on 30th April, 1869,
which will be deducted from the instalment due
the Ist May next, £3—i79 6s. 10d. The sub-
leription list will close on Saturday at two o'clock,

iItITIIIE FUNDS-TWO O'CLUOK

UOVERNMENT FUND'.
a Der Cent. Consols
NDitto for Account,
eer gent. Reduced 9lf I x d
rr per Cent ... 91i f
I.le 21 per Cent. Jan. 1894
4,'"' 6 per Cen Jsn. 1873 ..
4,4uities, SO yrs, expire sth Jan., 188( —
1,(2.. for 30 yrs, expire sth April 1885..
z.,"0 (Red Sea TeleE.raph), Aug., 1908 —
-'l4(xluer Bills, £l,OOO, 2} per Ct.
o.
£5OO
Do
k • £lOO k .£2OO —
411 k of England Stock. 4por Cent
I'.
r,_ acceuat —
Oiled& 4 per Cent. Bonds —
'ter-Colonial Omnium —
Im.lispiAti dOVERNMENT SECITHITIJse.
,`419. tock, 104 per Cent., April 1874 2ll
'O. Opening, for Account
fjc). 6 per Cent. July, 1880
11°' 4 per Cent., Oct. 1888
D°;
Certificates —
'no. Enfaced Pape, 4 per Cent —
°rib 5 per Cost., Jan. 1872
D 0• 9 per Cat. May 1879 —
- Doe; Cent., Rup. Deb. 1872 —
do 1877 —
Do• do. 1882 —
11. i. Deb., 5 por Cent., Aug. 1873
El°. Ronde, 4 per Cont., £l,OOO
s• tinder £l.000

FOREIGN FUNDS—TWO O'CLOCK.
Ar .
81f k
iteUtine ite ul:Pic t, per Cent ...
Do R • PA-' i
....-•
dint', ,trip 4,0 paid ..
rian Bonds 5 per cent
.L
kr_il,
ian 5 Do. 1859 66 }
per Ce-)3. li per Cent.nt 1852
DU'
—°' do. 18 ',8....
". do. lii6 ' —
13°- do 1663 —
DO' 0 per C ',,,ent., 1865
811
„
t ° Account
.erioe A.yres 6 per Cent.
Cho 2 per Cent. (Deferred 3 per Cent —
°IVA, per Cent.
n 41 pei4n 6 perr
Cent Cent
71}
D°.3
'
Ai% 3 tv4r Cent
01-)0 6 per cent. 1867 —
. per Cent., 1866
le ,
_
, abian, 6 per Cent.
Vaillen, Cent., 1825
e, no 8 per Cent., 1867
tiquador New Uonsolidated, 1 per Cent.
44Yptian, 7 per Cent.... B2l
`;ecoutl Issue
•• Do• 45'lL Bonds
DC). 4100 Bonds
11.” 83