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

MONEY DfARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
Consols are 931 1 3 for money; ditto, for Ac-
count, 93s ; Three per Cent. Reduced, 911 4 ;
New Tree per Cents, 911 ; Exchequer Bills
£l,OOO, 3 dis. ; ditto £lOO, £2OO, and 1500, —;
Bank of England Stock, 4 per Cent.,
India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1141 ; ditto 4 per
Cent., Oct., 1888, 100 1-
In the Foreign market prices were as follows:
--Nicolal Bonds, C3l to 641 ex div. ; Mos-
cow-Jarozdaw Loan, 791- to 791 ; Orel Vitebsk
13"(13, 781 to 781 ; Bonds of the Honduras R
way Loan, 82 to 81 ex coupon , Argentine Six per
Cents., 78 to 781 ; Egyptian Viceroy
S.wen per
Cents , 79 to 80 ; ditto Sine per Cents., 971- to
Italian Five
98; ditto Seven per Cents., 1868, 751 to 751 ;
per Cents., 561 561; 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 Coats. of 1865, 651 to 651•
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 481 ; Great Northern, from 105 to 1061 ;
Lancashire and Yorkshire, 122 to 1221 ; London
and North- Western, 1151 to 1151 ; London,
Chatham, and Dover, 161 to 161 ; Metropolitan,
364 t 0 961 ;
Midland, 1101 to 111 ; Sheffield, 53
t 0534; South-Eastern, 741 to 75.
American Five-Twenty Bonds have risen /, to
781 to 781; ditto 1885 Issue 1, to 76 to 761; the
Ten-Forty -Bonds remain at • 701 to 711; Illineis
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
,
*llercaritile, 31 to 32 ; Consolidated, 1 to 1 prem. ;
i.
otock
4,(41d0n and County, 501 to 511 ; London Joint-
6-t to 65391. to 331 ; London and Westminster,
Fur Miscellaneous Shares the prices are :—Anglo-
American, 211 241; Anglo-Mediterranean, 121 1; ,
Atlantic Telegrap, 20 22 ; Atlantic Eight per
CeLt. Preferential, 3/ ; Credit Foncier, 21 ;
General Crelit, 11 dis. ; Hudson's Bay, 121 y ;
International Finance, 21 1 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-
niislh. Government Three per Cent. Loan, 1869,
Which is to be marked in the official lists.
the
sum of £2o' 000 in gold was taken to the
Bank yesterday. -
Annexed is a suggestion for pu' ting a stop to the
uncertainties inpositio connection with the financial
n of the Metropolitan Railway, which for
the past six months have afforded a harvest to
unsempulous operators-. As a general rule corn-
Mittees of investigation do more harm than
od, but the report of a careful accountant of
high standing could not be otherwise than bene-
ficial to all parties honestly interestel, 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
fur the interest of all parties concerned that there
should be a thoroughly independent investigation
of all parties connected with the company. The
Lest 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 dividot I 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 declare as an interiin
Payment

Clle following is from the Cape Copper Mining
ompany :—" The. company have desqatches to
pril In
n, --, reporting satisfactorily on Ookiep Mine
3
the Outside trial mines ; returns, 501 tons of
Percent. ; transport, 188 tons. Traction en-
gine trials proceeding satisfactorily. The Ocean
has arrived at Swansea with 615 tons. Bills
of lading are received for 55 tons. The mule disease
was decreasine...,,
It is understood that agents, presumed to be act-
'eng on behalf of the Turkish Government, are
eekiug to obtain advances in London and Paris in
runs Of £200,000 and £300,000 on the security of
_ari4e masses of Turkish Five per Cant. Consoli-
dated
Bondi. These are offere3 in pledge at the
; 02, the present quotation in the market
.1135`0 42, and this margin, it is undertaken, shall
off:cP, t uP• Accordingly, the rate of interest
eq, including commissions, is stated not to
'4u.eed 8 per cent, per annum.
je4f petition, extensively signed by the members,
neada of closing the Stock Exchange on Wed-
the next (Derby-day), has been presented to
rieel)intriitfee, but they decided not to agree to it.
a-lia return from the Bank of England for the
r_eek ended the 19th of May gives the following
ilusaults when compared with the previous week
..................... £3,164,488 ... Increase ... £12,54096 04",wic deposits ...... 4,93'),298 Decrease
,748,6 1
On the
deposits ....... 18,004,449 Increase e. 39,35
hs. other aide of the account _
opens.
securi-
Ott:: ............. ...... £14,070,798 ... No change.
liotesr securities ..... 18,568,780 Decrease ... 735,061
e Unemployed... 7,359,370 Increase ... 584,595i34:1ilioftnittiumat of notes in circulation is £23,337,285,
• elug a decrease of £282,685 ; and the stock of
n both departments is £16,808,940, showing
ti increase of £245,551 when cJmpared with the
Preceding return.
of Subjoined is a comparison of the present position
the Bank of England and the prices of Consols
last-7`tz: :clll.lentes with the corresponding week of

- At Present. Same Week
Bullion
last Year.
...
Reserve
... 11,863,813
Notes in circulation 23,337,285 ... 23,925,150
Rate of discount
consols - 94}
Preachßoutes
The Ernestine, from Melbourne, has arrived
Vtil £24,500, and the Agate, from Auckland, with
'24,000. The Peninsular and Oriental steamer
fr °III Alexandria is expected to bring £106,000 in
It°1(1. since the departure of the last mail from
-'elbourne, the shipments of gold to this coantry
1/41°1111t to £291,500.
AI nhtexittarialowradinary general meeting of the Isle of
W.g
Company is called forthe4thof
the ordinary
",title, " y for the purpose of enabling
Shareholders of the company to give their assent to
4, aelleale of arrangement between t
c'oeir creditors, prepared by the directors in e.
he companyxaenrd.
11:,,e °I the powers of the 'Railway Companies Act,
3n7,' and filed in the Court of Chancery on the
til 'May, 1869.,,
11) 44 extraordinary general meeting of the Riga-
ictin4burg Railway Company is convened for the
er,,Ll (28th) of June, at Riga, " to decide on an in-
dexed of the rolling stock, workshops, &c., ren-
'ell necessary by the increased traffic."
11
lk Petition for the winding up of the Newmarket
111Ist
• - ''ulnPany (Limited) is to be heard before the
er of the Rolls on the 29th inst.

------------
BRITISH PUNDS—rJLOSING PRICES.
(i9VERNI:EXT ruNDF.
931 i 3
813•Pb:irtteuo:SAC:e,eadosu°.1:dt, ......
eii i
Ne,.. • c. lace
911 /
Nut: I Per Ceut
.i., 21 per Cent. J. 1894
A •,-,e. 5 , ' • -
~ l,er Cen Jan.lBr3
nc.l4 -
t"itt" 4, Yr', expire sth J:in., I 6Z,' .
.)0 • . !_, ", .
T., • 01 0 J yrs, expire sth April 1885— -
.
!, "0 (Itod Bea Tele, raph), Aug., 1908 —
zehola•:, kilk .El,OUe 2i 21 per Ct'••• - is
, 1.13
iloo, £20.., & Esot. 3 d
ri•lttli,
of England Stueli, 41 per Celli
c, Illy' °Polling .............................
,titers' 4 per Cent Bonds
Colouial Onarnittu