The Sun.
London, England, 1869-02-23 00:00:00

NEONEy MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Business was firm to-day in Government Securi-
9es) but some considerable excitement took place
In the Railway Market in consequence of a sudden
fell in Metropoiitan Railway shares. The cause of
tile depression is that a rumour is current that
another injunction is about to be applied for to
restrain the payment of the dividend.
Consols are 923- for money ; ditto, for Ac-
count, 938 ;
Three per: Cent. Reduced, 938 1 ;
New Three per Cents, 938 ; ditto Annuities,
April, 1885, 128 ; Exchequer Bills, £l,OOO, 2} per
Cent.,
244. 3 dis. ; Bank of England Stock, 4 per Cent.,

India
sdia. Stock, 101 per Cent., April, 1874, 111 13 ;
ditto
per Cent., July, 1880, 1121 ; ditto 4 per
Cent., Oct., 1888, 1021 1 ; ditto Enfaced Paper, 5
Per Cent., 1001 ; ditto 51 per Cent., 1101 ; ditto
Bonds £l,OOO, 15 18 prem.
in the Foreign Market prices of Turkish of 1865
have improved 7-16ths, and Spanish New Three
Per Cents. 1, the Italian of 1861, 1-16, Egyp-
tian of 1868, 1, Peruvian of 1865, 1. Nicolai
Bonds are quoted 661 to 67 ; Orel Vitepsk
Bonds, 821 to 821 ; Moscow jaroslaw Loan,
801 to 801 ; Portuguese, 361 to 361 ; Honduras
Railway Bonds, 85 to 87 ex coupon ; Cbilian Six
per Cents. of 1867, 941 to 95 ; Egyptian Seven per
Cents. of 1864, 87 to 88 ; ditto the Seven per
Cents, of 1868, 751 to 751 ; Greek Bonds, 111 to
121; Italian Five per Cents., 57 5-16 to 57 7-16 ;
Mexican, 151 to 151.
In the Railway Market Metropolitan shares
opened at 1061 to to 107, but they fell again on
large provincial sales to 105 sellers, but are now 1
better, yet 11 lower for the day. Brighton
are 511 to 511 ; Caledonian, 771 to 771;
Great Eastern, 381 to 381 ; Great Western,
511 to 531 ; Great Northern, " .et," 1121
to 1121 ; Lancashire and Yorkshire, ;129 to 1291;
London and North Western, 118/ to 1191; Lon-
don) Chatham, and Dover, 17 to 171 ; Metropo-
litan, 105 to 1051;; Midland 1221 to 1221; North
British, 351 to 35i ; Sheffield, 541 to 55 ; and
South Eastern, 821 to 821.
American Five-Twenty Bonds remain at 781 to
78.1 ; ditto 1865 issue, at 771 to 771 ; the Ten-
Forty Bonds at 721 to 721 ; Illinois Central Rail-
way Shares, at 961 to 97 ; Atlantic and Great
Western Debentures, 35 to 36 ; ditto Consoli-
dated Mortgage Bonds receded 1, 351 to 361.
Bank shares quote as under :—Chartered Mer-
cantile, 30 to 31; Consolidated, Ito prem. ;
London and County 51 to 52 ; London and West-
minster, 65 to 66 ; Oriental, 431 to 441 ; Union
of London, 361 to 371; National 42 to 43.
Miscellaneous Shares are almost neglected :
...,.3glo-Atnrican Telegraph, 221 to 221 ; Atlantic
I.:l4,atlp3eitol
per Cent. Preferential, 41 to 41 ; Hudson's
33
At the ordinary half-yearly meeting of the
Metropolitan and St. John's-wood Railway Cona-
-1:321Y held to-day, the report and accounts were
adopted, and the proposed dividend agreed to.
At t the ordinary half-yearly meeting of the Lon-
donalid North-Western Railway held this morn-
gi at the Euston-station, a dividend at the same
ra:te as that of the previous year, namely, 61 per
cent. Per annum, was agreed to.
__there were no operations at the Bank bullion-
°lolaCe yesterday.
The ship Jason sailed from Sydney for this coun-
try on the 11th Dec. last with 8,104 oz. of gold,
value in sterling £32,416.
,I.le_. arrivals of specie from abroad included
£2.-1
°52 by the steamer Syria from Alexandria, and
,‘ '4OO by the Donau from New York, the last-
"all:led vessel bringing also £14,600 for France.
The gold shipments from British Columbia dur-
ing the past year amounted to i 200,000, being a
decrease of about 8 per cent. from those of 1867.
The falling off is attributed to the excessive drought
which prevailed in the northern mining districts
cutting off the usual water supplies.
The Manchester papers announce that Messrs.
v,
S. Sawyer and Co., commission agents, have
auspended payment, with liabiii iies of about £20,000:
the assets are not considered altogether favourable.
The mail from South Australia brings dates to the
6th of January. The harvest bad nearly been com-
Pleted. The average yield was 12 bushels to the
acre, which, giving a total of 6,000,000 bushels,
Prices had further declined, and wheat was now
48, per bushel and flour £l2 per ton. The at-
tachment of the Government funds at the suit of
the Northern Territory Company had excited
much public notice. The Land Bill has been car-
ried through the Assembly—its cardinal principles
of credit, auction sales, free selection, and agricul-
tural areas having been affirmed. Bills are still in-
troduced for further loans—one for a railway from
Adelaide to Glenelg, and another for general road
purposes.

The agreement enterel into between the East of
Prance and Great Luxembourg Railway Boards,
~17hich has just been the cause of excitement and
ulecitssion both in France and Belgium, is under-
stood to have originated simply in the desire of the
_two companies to avoid competition.. Whatever
"-taY be the result of the controversy, it is hoped
that the Great Luxembourg line, having been con-
structed in a
great degree by means of English
capital, the interests of the proprietors will not be
sacrificed to political considerations. According to
the view of the parties interested, the only course
rtbr of the Belgian Government, if they cannot
consent to the agreement, would be to take the
railway into their own hands on terms equally ad-
vantageous to its proprietors. Any other result
Aicnikl give rise, on their part, to serious corn-
T _The following railway traffics show an increase :
p4Li°llden, Brighton, and South Coast of £869 ;
tastern of £9OB ; and Great Western of
-Eastern
£57.
The
be report of the Estate Company (Limited), to
tot Presented on the 27th inst., shows an available
aumal °f £1,358, which the directors do not deem
thuewient for the declaration of a dividend. Since
e last yearly meeting there has been a net im-
Zeeinent in the rentals of £1,485 per annum, and
are prospects of steady progress.
ith reference to the Dunaburg and Witepsk
:ft:Ili:ft:0a: Company, " Limited and Reduced," it is
sa,"fied that the petition for confirming a re-
reducing the company's capital from
fi6°°,ooo to £276,160, is to be hoard before
,7-Uhancellor Stuartt on the sth of March.
(L. 11, report of the British Land Company
anrted) recommends a dividend of 5 per cent.,
A a bonus of 10 per cent.
11:11 general meeting of the Italian Tobacco Mono-
? Company is convened for the 15th of March at
Florence. •
at;Lhe fifth ordinary meeting of the Telegraph Con.
U and Maintenance Company (Limited) will
ueThelur d
ea the 2d March.
ihr,..he annual meeting of the proprietors of the
of Australasia will be held on the 22d of
srch.
ItaAlit the meeting of the proprietors of the Anglo.
a Bank (Limited) the directors' report was
--greea 1:1 d
to.
At the
beck e meeting of the Dagenham (Thames)
°alPany the directors' report was adopted.

11111:0811 FUNDS—TM! O'CLOCK.
tiOVEItNMENT 111;NDs.
Per Cent. Consols93:i
to
. o for Account,
93i i
~?,, Per Cent. Reduced
931 i
i,ll.:_w_ 3 Per Cent
_
17 21 per Cent. Jan. 1894
4:'-'(). per Con
_I au. 1873
tinuities, SO yrs expire sth Jan., lzibt' 7 to. for 3n yrg, ei xpire sth April 1885 • 12i
t__(,o (Red Sea Tolovaph), Aug., 1908 7 Ijoh.cquzr Bills, £1,009, 21 per Ct.
£5OO
auk Do.
£lOO & £2OO —
244
110130.sOlfteEconugulrd Stock, 4 per Cent
jific,ercl_c:izaf3oerlßmotunds
INni '
I„,. AN uOVERNMENT SRL:UM:IIES. _ _
"1.1'1,,a. tock,. 101 per Cent., April 1674... 211 13 --,v Opening for Account -
uo 5 ,
112 i
, • per Vent, July, 'AM
`,.0• 4 pet. Cent., Oct. 1888
‘,... _
1,0. Ciertificaes
Do. Enfaced Pape, 4 per Cent