The Sun.
London, England, 1869-05-21 00:00:00

CITY, Two O'CLOCK.
Consols are 931 1 3 for money; ditto, for Ac-
count, 93i i ; Three per Cent. Reduced, 911 ;
New Three per Cents, 911 ; Exchequer Bills
£l,OOO, 3 dis. ; ditto £lOO, £2OO, and £5OO, —;
Bank of England Stock, 4 per Cent.,
India Stock, 101- per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1111 ; ditto 4 per
Cent., Oct., 1888, 100
In the Foreign market prices were as follows:
Bonds, 631 to 641 ex div. ; Mos-
cow-Jaroslaw Loan, 791 to 791 ; Ora Vitebsk
Bondi, 781 to 781 ; Bonds of the Honduras R
way Loan, 82 to 81 ex coupon , Argentine Six per
Cents., 78 to 781 ; Egyptian Viceroy Sven per
Cents , 79 to 80 ; ditto sine per Cents., 971 to
98 ; ditto Seven per Cents., 1868, 751 to 70, ;
Italian Five per Cents., 56156 a ; Mexican 121 to
13 ; Peruvian Five per Cents., 761 to 771 ;
Spanish New Three per Cents., 281 to 281 ;
Turkish Five per Cents. of 1865, 421 to 421 ;
ditto Six per Cents. of 1865, 651 to 65.
In the Railway Market prices are as follows :
Brighton, 441 to 451 ; Caledonian, 761 to 761 ;
Great Eastern 37 to 371 ; Great Western 48
to 48
; Great Northern, from 105 to 1061 ;
ralcashire and Yorkshire, 122 to 1221 ; Loudon
and North- Western, 1151 to 1151 ; London,
Chatham, and Dover, 161 to 16! ; Metropolitan,
961 to 961 ; Midland, 1101 to 111 ; Sheffield, 53
to 531;
South-Eastern, 741 to 75.
American Five-Twenty Bonds have risen 1, to
781 to 781 ; ditto 1885 Issue 1, to 76 to 761 ; the
Ten-Forty Bonds remain at 701 to 711; Illinois
Central Railway Shares at 931 to 941 ; Atlantic
and Great Western Debentures at 27 to 29 ; ditto
Consolidated Mortgage Bonds at 25 to 26 ; Erie
Shares have advanced 1, to 181 to 191.
Bank Shares are quoted as follows :—Chartered
Mercantile, 31 to 32 ; Consolidated, 1 to 1 prem. ;
London and County, 501 to 511 ; London Joint-
Stock, 321 to 331 ; London and Westminster,
61 to 65.
For Miscellaneous Shares the prices are :—Anglo-
American, 211 221 ; Anglo-Mediterranean, 121 1;
Atlantic Telegrap, 20 22 ; Atlantic Eight per
Cent. Preferential, 31 ; Credit Foncier, 211;
General Credit, 11 1 dis. ; Hudson's Bay, 121 ;
International Finance, 21 11 dis.
The Stock Exchange Committee have appointed
Tuesday, May 25, a special settling day in the
partly and fully paid up English scrip of the Spa-
nish Government Three per Cent. Loan, 1869,
which is to be marked in the official lists.
The
sum of £20,000 in gold was taken to the
Bank yesterday.
Annexed is a suggestion for putting a stop to the
uncertainties in connection with the financial
position of the Metropolitan Railway, which for
the past six months have afforded a harvest to
unscrupulous operators. As a general rule com-
mittees of investigation do more harm than
good, but the report of a careful accountant of
high standing could not be otherwise than bene-
ficial to all parties honestly interested, and a
country shareholder suggests as follows :—" The
constant and large fluctuations in the Metro-
polital Railway shares, added to a succession of cir-
culars and lawsuits, naturally cause considerable
anxiety to distant proprietors. It is also a source
of inquiry if there can be any foundation in the
reports that some of the parties intimately con-
nected with the management of the railway are con-
stantly engaged in large Stock Exchange operations
in the shares of the company. This certainly can-
not be a healthy state of things. I believe it to be
for the interest of all parties concerned that there
should be a thoroughly independent investigation
of all parties connected with the company. The
best way to effect this would be to appoint some
public accountant of eminence and position, who
would inspire confidence, to examine and sift the
true position of the concern."
At the meeting of the Anglo-Egyptian Banking
Company (Limited), an interim dividend at the
rate of 10 per cent. per annum was declared, being
the full amount the directors are authorised by
the articles of association to decl ire as an interim
payment.

The following is from the Cape Copper Mining
Company :—" The company have desqatebes to
April 10, reporting satisfactorily ou Ookiep Mine
and the outside trial mines ; returns, 501 tons of
33 Per cent. ; transport, 188 tons. Traction en-
gine trials proceeding satisfactorily. The Ocean
ElQg has arrived at Swansea with 615 tons. Bills
of
lading are received for 55 tons. The mule disease
was decreasin(r,,
It is understood that agents, presumed to be act-
ing on behalf of the Turkish Government, are
seeking to obtain advances in London and Paris in
suins of £200,000 and £300,000 on the security of
large masses of Turkish Five per Cant. Consoli-
dated Bonds. These are offered in pledge at the
price
of 32, the present quotation in the market
being
12i, and this ivargin, it is undertaken, shall
be
kept up. Accordingly, the rate of interest
offered, including
e
commissions, is stated not to
8 per cent, per annum.
A petition, extensively signed by the members,
in favour of closing the Stock Exchange on Wed-
nesday next (Derby-day), bas been presented to
the Commitfee, but they decided not to agree to it.
The return from the Bank of England for the
week ended the 19th of May gives the following
results when compared with the previous week
...............
.£3 164 488 ... increase £12,549
l'uLli .... • deposits 4,932,228 Decrease 748,606
Other deposits
Un 18,004,449 Increase ... 539,351
the other side of the account :
Ooveraraent socuri-
ti:)s Other •...........• £14,070,798 ... No change. I\l securities )8,508,780 ... Decrease ... 735,061
„°tes unemployed 7,359,370 ...Increase ... 58t,595
he amount of notes in circulation is £23,337,285,
-Lbeing a decrease of £282,685 ; and the stock of
bullion in both departments is £16,808,940, showing
an increase of £245,551 when compared with the
Preceding return.
Subjoined is a comparison of the present position
of the Bank of England and the prices of Consols
and French Rentes with the corresponding week of
last year

At Present.. Same Week
last Year.
Bullion
Reserve
Notes in circulation 23,337,285 23,925,150
Rate of discount
Consols
French Routes

The Ernestine, from Melbourne, has arrived
with £24,500, and the Agate, from Auckland, with
£24,000. The Peninsular and Oriental steamer
from Alexandria is expected to bring £106,000 in
gold. Since the departure of the last mail from
Melbourne, the shipments of gold to this country
amount to £291,500.
An extraordinary general meeting of the Isle of
Wight Railway Company is called for the 4th of
"for the purpose of enabling the ordinary
shareholders of the company to give their assent to
a scheme of arrangement between the company and
their creditors, prepared by the directors in exer-
else of the powers of the Railway Companies Act,
18677' and filed in the Court of Chancery on the
13th May, 1869."
to An extraordinary general meeting of the Riga-
litisblirg Railway Company is convened for the
16th (28th) of June, at Riga,"to decide on an in-
crease
of the rolling stock, workshops, &c., ren-
dered necessary by the increased traffic."
A rro. petition for the winding up of the Newmarket
~,,41tels Company (Limited) is to be heard before the
41. aster of the Rolls on the 29th inst.

BRITISH FUNDS—CLOSING PRICES.
UOYERNIUENT FUNDS.
per Cent. Consols
9
. Porto for Account,
",„Cent. Red
"7 3 Per Centeduc ' 9li i i
914 ,T ziew 2} per Cent. Jan. 1894
1)% 5 per Con J mi. 187 3 .. A.unuities, $O yrs, expire sth Jan., ltsBo. —Do. for 30 yrs, expire sth April 1885 - -
Do
E (Red Sea Telet„raph), Aug., 1908 —
acttocittr Bills, 41,000 2} 21 per (;t --
Bank of England Stock, 4i per Cent
I)2'. openin
g...................... .
dada, 4 per Cent. Bonds
i-latOr-QQlollial Qminga ... .