The Sun.
London, England, 1869-11-22 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Business to-day was very dull, the stat 3 of the
Weather contributing to the depression. Consols
Opened steadily, and up to the present time main-
tain their prices, but Foreign Securities in some
eases are offered at a reduced figure. There is a
slight improvement in American stock, and a rather
active business in Telegraph shares.

Consols are now at 93i to 931 for money ;
ditto, for Account, —; Three per Cent. Re-
duced, 921; New Tkree per Cents, 921 1 ;
Exchequer Bills £l,OOO, March, 5 prem. ; June,
4 prem. ; ditto £lOO, £2OO, and £5OO, March,
; June,
. prem. ; Bank of England Stock,
41 per Cent., 238.
India Stock, 101 per Cent., April, 1874, 213 ;
ditto 5 per Cent., July, 1880, 1151 ; ditto 4
Per Cent., Oct., 1888, 1001 4 ; ditto Enfaced Paper,
5 per Cent., —.
In the foreign market there has been a recovery
of 1 in Spanish Bonds at 271, on the announce-
ment that the January dividend will be paid in
due course, Foreign Stocks are dull. Turkish Five
per Cents are 431 to 431 ;:the Six per Cents., 65 to
651 ; the (1862) Bonds, 66 to 661 ; the 1858
Bonds, 66 to 67, and the 1854 Bonds 80 to 82 ex
div. Argentine declined 1 to 83/ to 841; and
Peruvian at 83, and Italian at 521 to 53 are
lower. Egyptian (1868) Bonds are 771 to 771 ;
Mexican, 13; to 131; Orel, 801 to 811, and
Charkof, 80 to 801.
In English Railways there has been a decline of
in Caledonian, which opened at 791, and are
now 79. Great Northern have been 1 lower at
1071 ; Great Western Shares are 551 to 56 ; Great
Eastern, 361 to 361; Lancashire and Yorkshire,
• 1251 to 107 ; Brighton, 441 to 44/ ; Chatham,
151 to 16 ; London and North Western, 120 to
1201; Metropolitan, 831 to 831; Midland, 1181
to 1181 ; Berwick, 1181 to 1191 ; and South
Eastern, 761 to 771.
In Bank Shares prices are not quite so firm.
London and Westminster and London Joint Stock
each declined 10s., the former being 581 to 591,
the latter 311 to 321. Union of London shows an
improvement of 10s., the price being 371 to 381 ;
Anglo-Austrian, Bto 10 prem. ; Imperial Otto-
man, 21 to 21 prem. ; Oriental, 411 to 421 ; and
English Sootttish, and Australian, 161 to 171.

In Construction and Maintenance a large specu-
lative business has been done at 331 to 34 ; they
advanced to 341, but they are now 34 to 341.
Anglo-American Telegraph is 191 to 201; Atlantic
Eight per Cents. 21 to 21; French Cable, 16
to 161.
_ _

American The Five-Twenty Bonds are at 831 to
831 ; ditto 1865, 821 to 82i ; ditto 1867, 831 to
841 ; and the Ten-Forties, 77; to 781; Erie, 201
20; ; Illinois, 991 to 100 ; Atlantic and Great
Western Bonds, 26 ; and Debenures, 271.
Lombardo-Venetian, without change, at 191 to
20. Great Luxembourg is steady, at 121 to 121.
At Mark-lane this morning English wheat was
in rather larger supply, and the condition not very
good. Sales were with difficulty effected, at fully
2s. decline on the week. Foreign wheat was a dull
sale, and quite is. to 2s. lower.
There were no gold operations at the Bank on
Saturday.
The India and China mail steamer Massilia has
taken out £23,216.
Messrs. Peter Lawson and Sons, the contractors
of the San Domingo Loan, have received a telegram
from Messrs. Spofford, Tilstone, and Co., their New
York agents, to the effect that they understand the
annexation, together with the assumption of the
indebtedness, of that Republic has been decided
upon at Washington, whither they intended to pro-
ceed to obtain more precise information.
A committee of divisional bondholders of the
Atlantic and Great Western Railway, who state
that they were constituted at a private meeting
held on the sth ult., have issued a circular asking
for co-operation to a❑able them to take indepen-
dent proceedings for enforcing their claims.
According to the Railway News the arbitrators
of the London, Chatham, and Dover Company,
Lord Cairns and the Marquis of Salisbury, have
now made so much progress with the arbitration
referred to them for the rescue of that gigantic
concern from the con,ests of its sectional creditors,
that there is good reason to believe their award will
be made public before Christmas. Their lordships,
it is added, are understood to have already disposed
of the whole of the legal points, which promised in
the various Courts of Equity to drag on a pro-
tracted existence for the next seven years at least.
Advices from Buenos Ayres mention that the
samples forwarded for competition for the premium

of £BOO offered by the Argentine Government for
the best method of preserving meat in a fresh con-
dition were opened on the Ist of October in pre-

Bence of the jury. " The smell," it is stated, " was
in most cases very offensive, but of the 35 samples
there were half a dozen good, and one in particular
sent from Glasgow is likely to take the prize." The
Jury, however, had not yet decided.
We learn that petitions were presented to the
Master of the Rolls, on the 16th inst., to wind up
Compulsorily the Arthur and Albert Average Asso-
ciations. The petitions will be heard before the
Master of the Rolls on the 4th proximo.
The Manchester Guardian thus refers to the
failure of Messrs. Mackarel and Brindle :—" Messrs.
Mackarel and Brindle, manufacturers, Leyland,
near Preston, have found it necessary to suspend
payment. Their trade liabilities are small, amount-
ing to little over £2,000. Their weaving shed,
Which contains about 250 looms, has been working
very partially for some time."
The directors of the Trust and Loan Company of
Upper Canada have issued their report, prior to
the meeting to be held on the 30th inst. The di-
rectors recommend a dividend at the rate of 8 per
cent. per annum, less income tax, be declared on the
Paid-up capital stock of the company.
According to the Standard of Buenos Ayres the
project of exporting live cattle to England is every
day looked on with great favour, and " the results
of the animals sent by Tait's steamer and sold in
London at £l7 per head are considered a splendid
augury of success.' The Ariadne, the first of the
line of steamers to be constructed for this trade,
has sailed from Blackwall, and her return, which
may be expected in February, with her new freight,
Will be awaited with peculiar interest, from the ex-
tent to which the experiment will bear on the future
supply of food and the development of the con-
stantly increasing trade between this country and
the River Plate.

FUNDS—TWO O'CLOCK.
UOVERNMENT EILNDS.:
3 per Cent. Consols

Ditto for Account, Dec 1 —
! per Cont. Reduced 92}
New 3 per Cent
NOW 21 per Cont. Jan. 1894
Do. 5 per Con Ja n . 187 3
&unuities, SO yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exc.:110(1112r Bills, £l,OOO, 21 p. Ct. March
Do. 3 do. June
Do: £lOO, £2OO & £5OO —
Bauk of England Stuck. 41 per Cent

Do. Opening —
Canada 4 por Cent. _Bonds —
Inter-Colonial ()manna
iNDIAM UOVERNMENT SEcT, uTiEb
India V Lock-, 1U:1 per Cont., April 174 213
Do. Oponing, for Aecouut —
Do. 5 per Cent. July, 1580
Do. 4 per Cent.., Oct. 1868
Do. Cortitientes

D(): Enfaced L'aPei 4 per 0.-,ut„ ,
Do. 5 per Cert., Jan. 1872 ..... -,„ 10.74
Do. 3 per Cent. May 1e79 —
DJ 5 per Cent., Rup. Deb. 1872 .....
*Do do 1877 —
Do. do. 1892
.
.o;',. Deb.' 5 per Cent., Aug. 1873 ....„
Do. Bonds; 4 per Cent., .£I,OUU
Do. under £l.OOO —
FOREIGN FONDS— TWO O'CLOCK.
Argentine Republic, 6 per Cent
Viatrian Bonds 5 per cent ..- —
Do. 1859 —
Brazilian 5 pr Cent 761
--):). q per Cent. 1852 —
Do. do 1858.... .............
Do. uo 1861

1:o. do., tht;.i
11)0. 5 per Cent., 1865 —
Do Account —
iitiCIIOS Ayres 6 per Cent.
Du 2 per Cont. (Deferred 3 per Cent ) --