The Sun.
London, England, 1868-05-15 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENO3,

Ciry, Two O'CLOCK.

_ .
the Bank return, by a falling off in the private de-
posits and an increase in the private securities, indi-
cates a fair demand for money during the week. But
the total of these absorptions of money is less than
the increase in the reserve, the amount of which is
nearly identical with the diminution in the circuit.-
Con. The bullion again shows a falling off, but it is
less than the aggregate withdrawals during the week.
In Onch of these particulars, therefore, the variations
from the returns of last week possess but little im-
portance. The addition of £645,950 made to the
Public deposits, is much larger than in any preceding
Week since the payment of the dividends five weeks
ago, and for the period of the quarter this item
Stands,. in a satisfactory position. The following are
the principal changes since the last return :
Docrearie in Circulation £463,446
Increase in Public Deposits
Decrease in other Deposits . . 145,011
No change in amount of government Securities.
Increase in other Securities
Decrease in Bullion ••••••• 111,604
Increase in Reserve
••. •• 464,851
Increase in Rest
Bullion in both Departments ...20.291,388
Reserve of Notes and Coin 11,312,958
Circulation, including Bank Post Bills.. 21,463,569
The return of paid clearings for the week ending
,Wednesday, May 13, as certified by Mr. George Der-
byshire, chief inspector, is as follows :
MaY 7, Thursday ••• £9,740,000
May 8, Fri lay 9,042,000
MaY 9, • Saturday... ... ... 10,431,000
May 11, Monday... •-• ••• 8,619,000
May 12, Tuesday 8,753,000
May 13, Wednesday ••• ••• 8,759,000

Total ... X 55,344,000
This is a moderate aggregate only ; and as it scarcely
responds to the reported iwprovement in trade, it is
believed that cash is superseding credit to nearly as
great an extent as last year. No Stock Exchange
settlements have occurred in the week embraced by
the return.
The money market is quiet, at 2 per cent. and up-
wards.

The corn market continues heavy.
Tho Funds are steady at yesterday's quotations.
Consols remain at 941 to 94 for money, and 92k to 93
ex div. for acconnt. New and Reduced Three per
Ceats., 92/ to 92k; India Five per Cents, 1151 to 116,E ;
Bark Stock, 243 to 247 ; Exchequer Bills, 8s to 13s
met).

In Foreign Stocks the chief feature has been the
fiattess of Egyptian. The Railway Debentures are
Xl. I)wer, at 90 to 91, and in Egyptian (1864), and in
the Viceroy's 9 per cents., at 801- to 81i and 90 to
91 rtspectively. The Viceroy's 7 per Cents. are steady,
at 7Hs to 72. Mexican Bonds are steady, at 15i to
16 ; hXreek,• 13 to 13k ; New Spanish, 35f to 351 ;
Italia) 48k to 48.1 ; Turkish (1865), 341 to 341 ;
Chiliati (1866) 102 to 103, and ditto (1867), 95i to
96.
Amtrican Securities are without change. United
States 5-20 Bonds are marked at 70:1- to 70i ; Erie
Shares 45 to 46 ; Illinois, 944 to 95i.
English Railway Shares are very quiet, and the
'eon movements in prices are of little or no importance.
The foaming are the quotations :—Lancashire and
Yorkshire,, 1271 to 128 ;Midland, 1061 to 106 ;South
Eastern, 74 to 74k ; London and North Western,
115 to 111-1- ' • Great Northern, 102 to 103 ; ditto (A),
964 to 97 -
; Great Eastern,' 33k to 34k ; Metropoli-
tan) 111 k to 112 ; Caledonian, 74-: to 75 ; London
Chatham and Dover, 18f to 181 ; Great Western, 53
° 53k ; London Brighton and South Coast, 53i
to 54.-
i: Foreign railway shares are flat. Lombardo-Vene-
tian and Great Luxembourg are each lower, being
quoted at 141 to 15, and 10H to 10- respectively.
Bank Shares are little inquired for, and the only
tflovenient is an advance of in Anglo-Austrian, at 41
to 5i prem. • Agra (A), 94 to 10-i ; Alliance, 13
to 12 dis. ; Chartered Mercantile, 27 to 28 ; Con-
solidated,n4U 4M to 4a ; Imperial, 18 to 19 ; Imperial
Ottoman,
4, to prem. ; Loudon and County, 52
Or; 53 London and Westminster, 70 to 71 ;
to 42k ; Londbn Joint Stock, 35 to
36 ; Union of London, 34 to 35.
Foreign Mining Shares are dull. St. Jchn del
Reps are quoted at 17 to 18 ; Port Phillip, 1i to aft ;
Chontales lower, at 2i to 2a.
Inmiscellaneous the onl feature is a relapse of
lAn Hudson's Bay, which are quoted 15k to 15# ;
Anglo-American Telegraph steady, at 23i to 23g ;
Atlantic TeleoTaph Eight per Cent., 5 3-16 to 5 5-16 ;
Fore-street Warehouse, 2to 1 dis.; London General
onthibus 1k to 21.
/111: gold to the value of 121,000 was sent into the
yesterday, and 3,000 sovereigns were with-
-,a
„ The numbers are published of bonds of the Turkish
,uaninteed Loan of 1'5,000,000 of 1855, amounting
to -£71,100, which haVe been drawn for payment at
bar on the Ist of August.
I, The ordinary general meeting of the Great Barrier
Harhoitr, and Mining Company has been
for the '29th instant, after which the meeting
will be wade special for the purpose of passing a reso-
lution to wind up the company vo!thitarily, and for
the appointment of liquidators.
The directors of the British India Steam Navigation
C°lnPany have convened the ordinary general meeting
of shareholders for the 27th Mav, to present the report
and to declare a dividend.
will. general meeting of the Waterloo Bridge Company
Abe held on the 4th June.
The annual general meeting of the Rock Life
Assurance Company has been called for the 28th inst.,
d reendceive the directors' report and to declare a divi-
Messrs. IlisehofTsheiin and Goldsmidt have resolved
to return their deposits to the subscribers to the
Spanish Colonial Eight. per Cent. recently issued, with
interest at the Bank rate of 2 per cent., on the 15th
r• The Spanish Government, to their great dis-
, refused to bring a bill into the Cones autbo-
ri sii,
r, the loan. This proceeding on their part is
,2ansing a strong feeling as to the conduct of the Go-
vernment.
dal:he following is from Messrs. Buxton and Hunter,
2ed last evening :—" The second series of colonial
iool sales for the year opened this day, with the fol-
tew'ng catalogue :—Port Phillip, 2,380 bales ; Syd-
b Yi 918 bales ; Adelaide, 500 bales ; Cape, 463
Thata New Zealand, 333 bales ; total, 4,594 bales.
e Was a very large attendance of buyers from all
'tatters, and biddings were spirited. Last sales'
derlees were in all cases fully maintained, aDd the ten-
lleY is towards an advance. The arrivals to date
ntu
cunt to 209,801 bales."

BRITISH FUNDS—CLOSING PRICES.
a UOVERNMENT FUNDS.
Per Cent. Console
, Ditto for Account, June 4
9,1 i 1
741)er Cent, Reduced
9;1 i 1 3
117 per Cent
ND 21 per Cent. Jan. 1894
Alu°•s. per Cent.. ,) an. 1873
ntuttes, 80 yrs, expire sth Jan., 188 e.
:))°. for 30 yre, expire sth April 1885 l2l
Zz(l° (Red Rea Tele6raph), Aug., 1208_
pm
hcquer Bills. £l,OOO, 2 per Ct —
bo.
Do. £560
8 10
11a,,L.' £lOO & £2OO
B 0•
of England Stock, 41par Cent 2451 7
•1/4'o. Account
India GOVERNMENT SECURITIES.
1:11,44), ek, 101 per Cent., April 1874 ... 215 17
b Account
Do.• 0 Per Cent. July, 1880
130210.3rettilVertet; Oct. 1888
Do.
tinfaced Paper 1 per Cent B9l
b°: 5, ,Per Cent., Jan. 1872
ti* ',I Per Cent., May 1679 108!
- ‘' Per Cent., Rup. Deb. 1872 —
no. do. 1877 —
11 LI o-
pt;
,fleb., 5 do. 1882 —
per Cent., Aug. 1873 lO5
bo- uoods, 5 par Cent., £l,OOO
0500
A 2.2°REIGN FUNDS—CLOSING PRICES.:
Art4al-tri::1813aRilae;11113.11e, 6 per Con* —
02,11 tan c
~ A, - Per ,ocapter Cent. 1859
bo— 1 Per Cent , 1852 _
be• do • 1858....
. .,
110. do., 1860 —
bo , do., 1863
I) 0 per Cent., 1865
~,, 0 Account 751
*1,4110, A
1)4 2 Yree 6 per Cent _
u,.ltb,t. aPer Cent. (Deferred 3 per Cent )
•killar,7" C e nt
1)o-4 Per Cent 75
lit; . Per Cent —
i,_ • 6 per Cent., B —
lTi., 1867 ..•
1)0.1 ,P" 'Cent., 1866
0, .' P £32
Danisl bian, 6 Crp Cent
h 11,.,,, 3 perlr Cent., 1825
1)04V44 Prinelpalities, 7 ler Cent 7l i
kt,,il Per Cent 7i i 8
llgyB4lpti°arr,N,ele Lon.aolidated, 1 per Gen:. 00.
SF; ,rr Cent —
1 issue
•• ••• 784
111)1, • •fsro tinnii.l
Do. 410 e 80, •

__,onds
...__
De.
1,414
81; 1
~,., De.
Account
"._e• #.5'70 Bond.,
811
-00. 4100 Bonds
•••••
tirgorernnitsut Railway' oebe4ntu _
re;sk 6 per Cent , 1824-5, ex Coups .....
-
~..'O. Acccuut •
.
..10...,.,._
ri
Do. `'"P° 1
_
in+ Account
_
9b--'"Thltia 5 Per Cent ..
, £25 p
It.4ouclurae(lov. Run. Loan 10 p. Ct.,
. ',' ,
~
144 0 c Ccut 165
_
Do,
.A. • '7
.., ccount ~
_
ii's°.• Maronarnana Raiway
_
444xicar. por Cent
Ditto for Account
_
Dn.
164
D
° a u Pet Cont. An 8
glo-Eroncla