The Sun.
London, England, 1869-11-10 00:00:00

- • 7 • - -•
MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The settlement to-day has commenced, and ap-
pears to be going on satisfactorily. There is a good
supply of Stock, and the " cautango "is easy. In
Consols and Foreign Securities generally the prices
have declined a trifle, but the market cannot be said
to show very great signs of weakness.
Consols are now at 931 to 931 for money ;
eitto, for Account, 231 ; Three per Cent. Re-
duced, 911 ; New Three per Cents, .91 1 ;
ditto Annuities, April, 1815, 14 ; Ex-
chequer Bills £l,OOO, March, 5 prem. ; June,
10 prem. ; ditto £lOO, 3:200, and £.7,00, March,
prem. ; June, prem..; Bank of England Stock,
41 per Cent., 2371 9.
India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880,, 1151 1154 ; ditto 4
Per Cent., Oct., 1888, 1001 ; ditto Enfaced Paper,
4 per Cent., ; ditto 5 per Cent., Jan., 1872,
; ditto Bonds £l,OOO, 28 prem.
For Foreign Stocks the market is flat. Spanish
Bonds of 1867 are now 261, and those of 1869, 241
241 ; the latter being 1
,lower, and the former 1 ;
Italian have declined to 1, and are now 521 ;
Viceroy Seven per Cent. Loan is 1 better, at 821;
Egyptian Bonds (1864) have declined it, to 861 ;
and of 1868 1, to 771 ; in Russian there is a de-
cline of 1 in Charkof, at 801.
In the Railway Market there is little doing ex-
cept in connection with the settlement. The tone
is firm, and prices are stronger. Metropolitan are,
however, again lower, and are now no better than
811—the lowest price touched since the line has
been opened. The Extension Stock is 80. Midland
is not so firm, at 118, because of the traffic showing
a smaller increase. Lancashire and Yoikshire, at
124 i, and London and Brighton, at 431, are Loth 1
better ; and there is an advance of in Great West-
ern, at 56 ; London, Chatham, and Dover, at 161;
London and North Western, at 1191. Cale-
donian are quoted 84 ; Great Eastern, 361 ; and
South Eastern, 77.

No quotation is yet made on the Stock Ex-
change of the New Italian Loan. The scrip of the
Portuguese Loan is barely so firm, being quoted
par to f prem.
American Securities are very flat. The New
York prices show a decline of 1 per cent. in Erie
Shares, and to-day in this market there is a fall of
to 191. Illinois are I lower, at 98/. There is
also less demand for United States Bonds, and
Five-Twenties are i lower, at 831.
In Bank Shares London and Westminster are
10s. higher, at 59. Consolidated Shares are
quoted 41 to 4/, a rise of 2s. Gd. On the other
hand, in Foreign Banks, Oriental are 10s. lower, at
411, and a like decline is reported in English, Scot-
tish, and Australian. Imperial Ottoman are firm
at 2i to 3 prem.
Lombardo-Venetian are fiat, at 198- to 194 ; and
Great Luxembourg at 12 to 12k, are both / lower.
Financial Shares are dull, International and
General Credit being a point lower, the former at
2 to 1/ dis., and the latter at 1/ to 1 dis.
In Telegraph Shares there is a rise of / in Con-
struction and Maintenance, at 32 to 321 ; French
Cables are 161 ; Anglo-American, 29}; Atlantic
Eight per Cents., 2/ to 28-.
At Mark-lane to-day the attendance was small,
and the trade very dull. English wheat in limited
supply, but met barely Monday's bids. Fereigu
wheat hung heavily on hand, and the tendency was
still downwards.

There were no gold operations at the Bank yes•

terday.
The Manchester markets this week have opened
with a renewal of heaviness.

A telegram from Florence states that of the
£2,000,000 of the Italian domain loan reserved for
Italy (the lists for which were opened on the 4th),
£1,800,000 had been subscribed. Considering the
anxiety occasioned by the illness of the King, the
result thus far was regarded as very favourable.

The Metropolitan Railway traffic return shows
this week an increase of £1,558 over last pear;
the Metropolitan and St. John's-wood an increase
of £42 ; and the Glasgow and South. Western an
increase of i. 739. _ _ .

A petition for the winding up of the Prudent
United Assurance Company (Limited) is to be
heard before the Master of the Rolls on the 20th of
November.

It is stated that the privileges of the charter of
the Bank of British North America have been ex-
tended by Queen's Warrant until the Ist of June,
1881.

A meeting of representatives of the London
and provincial committees of policyholders in the
Albert Life Assurance Company has been held,
and a scheme submitted by the official liquidators,
under which, it is stated, policyholders in the
Albert can obtain new policies in an old estab-
lished office, on equitable, but at the same time
favourable terms. Lord W. Hay proposed a reso-
lution, which was seconded by Mr. James Bird, of
he firm of W. Bird and Co., and supported by
Ur. Wyld and others, recommending the policy:
holders generally to adopt the scheme. The
liquidators state that they will communicate with
the whole of the policyholders as quickly as pos-
sible.

With regard to some statements in the Bombay
Gazette respecting a series of ludicrously incorrect
telegrams said to have been transmitted through
the 6g new line of telegraphic communication with
turope via Russia, which was opened a few weeks
since," it appears that any such telegrams must
have been sent through private or unauthorised
hands. The line, instead of having been open for
a few weeks, is not yet opened ; even the work-
ing staff have not been sent out, nor have any of
the arrangements requisite with the North Ger-
man and Russian Governments yet been con-
cluded. At present the impression is that the
line may be opened by the Ist of December, but
this will certainly be the earliest date.

3111.1111111 UllOlll-.TWO III'OLUVIC.
GOVERNMENT FUNDS.:
3 per Cent. Consols
. Ditto for Account, Dec. 1 o3±
,!, per Cent. Reduced 9ll
oow 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cen J an. 187 3
&unuities, 80 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 lll
Do (Red Sea Teleh,raph), Aug., 1908 —
Exchequer Bills, £l,OOO, 21 p. Ct. March 1
Do. 3 do. June
Do .£lOO, £2OO & £5OO — Pm
Bank of England Stock, 41 per Cent
Canada De. openin
k
4 per Cent. Bonds —
Later-Colonial Onantuna -
INDIAN GOVERNMENT SECORITIEt,
"tells stock, 101 per Cent., April 1871 —
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Eufaced Pap. 4 per Cent...... —
Do. 5 per Cent., Jan. 1872 .... —
Do. 51 per Cent. May 1879 —
D.) 5 per Cent., Rup. Deb. 1872 —
?)o do 1877 —
Do. do. 1882 —
DL. Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cent., £l,000
Do. under .£l,OOO 2B
FOXIIIIHT FINDS— TWO 0131.01111 E.
4zgentine Republic, 6 per Cent B3l
luttrian Bonds 5 per cent
Do. 1859 —
razilian 5 per Cent —
00. 4i per Cent. 1852 —
Po• do 1858....
, \"0. au 186 ) —
'"o• do., 1863 7ll
"O. 5 per Cent., 1865
I)0 Account
' .., nos Ayres 6 per Cent.
0 "io 2 per Cent. (Deferred 3 per Cent )
011b3, 6 per Cent.
"Ilan 6 per Cent ..... ...
Do, 11 per Cent...,
D,O. 3 per Cent.,
1041
t 0 o' 7 Per Cent., 1866
0
, • 6 per 867
31,1.1o.ebian, 6 per Cent.
854.:84, 3 Per Cent. 1825 -
_6'o' tjan Principalities, 71. or Cent —
le 8 Per Cent. 1867
ceador
E, , . New Consolidated, 1 per Cent
',TalAiun• 7 per Cent B2l
-. Secoud Issue ••• ••
"0. £5O(, Bonds B2/
Do,
Do. xr,oo Bonds
Do,
Do. 4100 Bonds cBo6u4n t
8,1;
Do, 7
• Per •,-••
Cent., • 1868 771 7