The Sun.
London, England, 1869-04-20 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITT, Two O'CLOCK.
Consols are 92i 3 for money; ditto, for Ac-
count, ; Three per Cent. Reduced, 91i ;
New Tkree per Cents, 91i ; ditto Red Sea Tele-
graph, Aug. 1908, 20 ; Exchequer Bills£l,ooo, —;
Bank of England Stock, 4 per Cent., 241.
India Stock, 10f per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 114 ; ditto 4 per
Cent., Oct., 1888, ; ditto Enfaced Paper, 5 per
Cent., Jan., 1872, 105 g.
The Foreign market is rising. There is an ad-
vance upon last night's close of in Egyptian
(1864), the Railway Debentures and the Nine per
Cent. Bonds ;ofj in the Tobacco Loan, and in
Charkof of Portuguese.
English Railway Shares are dull, with one or
two exceptions. Midland, however, shows a fur-
ther recovery of I, being dealt in at 114 k to 115 f.
In Telegraph Shares the only movement is an
improvement of in Auglo-American, which is
quoted at 22i to 22i.
Bank Shares are quiet. Agra (A) is steady at
101 to 11 ex div. ; Alliance, 14 to 15 ; Anglo-
Austrian, 17 to 18 prem. ; Chartered Mercantile,
29 to 30 ; London and Mercantile, 63 to 64.
There were no gold operations at the Bank yes-
terday.

The Portuguese Loan for a net sum of 4 mil-
lions sterling, concluded by Messrs. Frubling and
Goschen, cannot be introduced before the begin-
ning of next month, as the Cortes, whose sanction is
required, do not meet until the 26th instant. It
seems to be expected that this Loan will be in
Six per Cents. Messrs. Fruhling and Gosehen
are stated to have pursued the honourable course
of stipulating for a settlement of the claims of
the bondholders of the South-Eastern of Portu-
gal Railway as au essential condition of the trans-
action.

The letters from Frankfort state that a reaction
seems now to have fairly set in at Vienna, where
the premiums on all the extravagant undertakings
of the past few months are fast disappearing. At
Frankfort, however, there is still a plethora of
money, and United States Bonds have been again
in demand. At the liquidation last week all kinds
of stock were carried over at the rate of 3} per cent.,
while on Austrian-French railway shares specula-
tors for the fall had to pay a bonus. The new
Spanish Loan has been thus far favourably re-
Boer
rt
an
ocno Liz to:b
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et
rh
fceived. Some new banks are projected in Frank-
similar
nersrhaet
bVienna
u t andh -
rities at litrlin have resolved
to admit henceforth
for discount bills made
payable at the office of
parties other than the acceptor.
The Stock Exchange Committ eehave appointed
Thursday, the 22d inst., a special
settling day in
the scrip of the Five per Cent. Debentures of the
Victorian (Australia) Railway Loan. The consi-
deration for an application for official quotation is
deferred. The committee have ordered the shares of
the Anglo-Argentine Mining Company (Limited)
to be in irked in the list.

The Brighton Railway traffic return shows this
week a decrease of £3,407, compared with the
corresponding week of last year, which Was
Easter week ; and the South Eastern a decrease of
£GOS.

The traffic return of the Great Western Itailwa3
of Canada for the week ending the Pith instant
shows an increase of £751 over last year.
The sixth annual general meeting of the share-
holders of the Imperial Ottoman Bank will be held
in London on the 23d of June.

The report of the directors of the Bahia Gas
Company (Limited) to be presented at the half-
yearly meeting on the 27th inst., recommends
dividends of 10 per cent, per annum on the prefer-
ence, and 3 Per cent. per annum on the ordinary