The Sun.
London, England, 1868-04-03 00:00:00

MONEY MARKET

A ND
t7OMMEROIAL INTELLIGNNOM,

CITY, Two O'CLOCK.

Tne Bank return, which is made up to the Ist inst.,
shows some considerable changes, but they are such
as are chiefly incidental to the close of the quarter.
The payment of salaries has diminished the amount
of public securities and also of the Bank's rest ;
whilst there is an increase in the private securities,
counterbalanced by an increase in the private deposits.
The Reserve by these changes has fallen, and the
circulation enlarged ; while the bullion shows a fall-
ing off. The next two returns will exhibit analogous
features, owing to dividend and other payments.
The following are the principal changes since last
week :--

Increase in Circulation £1,356,690
Decrease in Public Deposits
Increase in other Deposits .. 789,454
Decrease in Government Securities ... 408
Increase in other Securities
Decrease in Rest
Decrease in Bullion
Increase in Reserve
Bullion in both Departments 21,104,112
Reserve of Notes and Coin
Circulation, including Bank Post Bille 24,691,555
The following is the return of Paid Clearing for the
week ending Wednesday-, April Ist, as certified I,
Mr. George Derbyshire, the chief inspector.

_ . .
March 26, Thursday
March 27, Friday
March 28, Saturday
March 30, Monday . 11,368,000
March 31, Tuesday
April 1, Wednesday ......

Total .£72, 662,000
This aggregate does not appear to have been ma-
terially affected by the end of the quarter, from which
it may be inferred that trade remains nearly sta-
tionary. The settlements on the Stock Exchange on
Tuesday indicates rather a large business there.
The discount market is moderately active at 11 to
2 per cent.
Consols are flat at 924 to 93 for money, and 93 to
934 for account • New and Reduced Three per Cents.,
91g- to 911 ; India 5 per Cents., 1131 to 1141 ; Ex-
chequer Bills, 7s to 12s prem.
A low animated tone pervades the foreign stock
market, but. it is still very firm. The rise of 2 per
cent. yesterday in Brazilian (1865) bonds upon the
news of the progress of the war, has been followed by
a further rise of 2 per cent., the present price being
75 to 751. There it also a fresh advance of 1 per
cent, in Egyptian Railway Debentures at 891 to 90 ;
of in Orel-Vitebsk at 81 to 811 ; of t
in Greek, at 121 to 13 • and of 1 in Mexican at 152
to 161, The Viceroy's 'Nine per Cents. are ± lower
at 881 to 89, and of 1 in Italian (1861) at 491 to 491.
New Spanish are 354 to 364 ; Turkish (1865), 34k to
342 ; Egyptian (1864), 81 to 82 ; and the Viceroy's
Seven per Cents , 721 to 73.
American Securities are firm. United States Five-
Twenty Bonds area better, at 72i to 74 Erie shares
and Illinois are each 1 higher, at 49 to 491 and 90 to
91 respectively.
Colonial Government Securities are steady at
previous prices. Canada 6 per Cent. is quoted at
100 to 101 ; ditto 5 per cent., 862 to 871 • Mauri-
tius 6 per cent., 104 to 106 ; New South Wales 5 per
cent., 99 to 101 ; New Zealand 6 per cent., 1041 to
.105?;- ; Queensland 6 per cent., 1101 to 1111.
Spanish Colonial Eight per Cent. Loan is firm at
1k to 11 prem.
The new Honduras Loan is par to 1 prem.
Atlantic and Great Western Railway Debentures
have receded 1, to 261 to 271 ; but the Consolidated
Mortgage Bonds have further improved t, to 302
to 3it.
English railways shares are generally firm, and
prices in most of the principal lines show a slight
advance. Caledonian, ; Great Northern, Manches-
ter, Sheffield, and Lincolnshire, and London,
Brighton, and South Coast are each I better ; and
Lancashire and Yorkshire, and South Eastern, 1
each. On the other hand, North British is t
lower ' • and Great Eastern, 1. The following
are the quotations :—Lancashire and Yorkshire, 1261
to 126 ; Midland, 1041 to 105/ ; South Eastern, 722
to 73i London and North Western, 114 to 1141 ;
Great Northern, 1021 to 103 ; ditto (A stock), 97 to
i ; Great Eastern, 331 to 34 ; Great Western, 491
to 491 ; London Brighton and South Coast, 50 to
501 ; Manchester, Sheffield, and Lincolnshire, 431 to
441 ; Metropolitan, 1124 to 113 ; Caledonian, 72 to
72L; North British, 331 to 34.
The traffic receipts of the Great Central of Belgium
Railway for the fourteen days ending March 17 show
an increase of £2,561 as compared with the corres-
laonding period of last year.
Bank Shares are steady, the only movement being
a further advance of g in Imperial Ottoman, which
is now quoted at to 14 prem. ; Alliance, 13 to 12
dis. ; A"ra (A Shares) 10 to 101 ; Anglo-Austrian,
4 to 41s prem. ; Chartered Mercantile, 281 to 291 ;
Consolidated, 4i to ; Imperial, 17 to 171 ;London
and County, 51 to 52 ; London and Westminster,
67 to 68; Oriental, 42 to 43 ; Union of London,
30 to 31 ; London Joint Stock, 31 to 32.
In Foreign Mining Shares St. John del Rey is
firm at 23 to 23 ; Port Philip, lf to 11 ; Choutales
14 to dis.
Miscellaneous Securities are without change, except
Hudson's Bay, which is 1 better, at 14/ to 141 ;
Anglo-American Telegraph, 24 to 222 ; Atlantic
Telegraph 8 per Cents., 5A- to 5/ ; Fore-street Ware-
house, 21 to 21 ; London General Omnibus, 11 to 2
The partnership lately subiisting between Messrs.
Vickers and Harrington, advertising agents, has been
dissolved, and the business will be carried on in
future by Mr. James William Vickers.
The sum of £4,000 in United States gold coin was
withdrawn from the Bank yesterday.
The Oneida, from Brazil, has arrived at Lisbon, en
route for this country, with £18,824 in specie.
The bar silver by the Douro was sold yesterday at
tls Oad per ounce, and the Mexican dollars, for refin-
ing purposes, at 4s 111 d, being in each case an ad-
vance of Id.
The first ordinary general meeting of the Staverton
Cloth Company will be held on the 15th inst, when a
dividend will be declared.
The annual meeting of the proprietors of the Me,
aopolitan Life Assurance Society has been convened
for the 14th inst.
A call of £2 10s per share has been made by the
liquidators of the West London Wharves and Ware-
houses Company, payable on the 27th inst. The
liquidators have at the same time issued a long report,
showing the result of their labours from the date of
their appointment, and the object of making the present
call. They also state that there is no reason to believe
that the unsecured creditors can receive any dividend
for a considerable period, otherwise than by moneys
raised from calls.
The half-yearly meeting of the Cape Railway has
peen called for the 24th inst., for the transaction of
the ordinary general business f the company.
It is affirmed in Paris that the directors of the
Credit Foncier of France have determined to double
their capital, and that the transactions will anticipate
the French loan in the money market.
The report of the Illinois Central Railroad Company
nas been issued. The net earnings for the year 1867,
after deducting Government tax amounted to
.£496,113, against £435,189 in 1866. This increase
is attributed to local causes, and it is expected to
continue. The outlays on account have been limited
to the growing wants of business.
A meeting of the shareholders of the European
Bank is called for the 9th inst., to receive a report of
the liquidation, and to consider the proposal made to
the creditors last week, and which, we presume, has
been accepted by them, to receive a further instal-
talent of is 6d in the pound now, and to receive pro-
missory notes for the remaining 10s, payable in six,
twelve, and eighteen months.
TeTlehgerapahllotment of the United Kingdom Electric
Company's new issue of .£60,000 in Six per
Cent. Debentures has been made, the applications for
the same exceeding considerably the amount which
the nomnany had to allot

BRITISH FUNDS—TWO O'CLOCK.
GOPERNMENT FUNDS.- Per (Amt. Consols
93
Do. Account, May 5
8 per Cent. Reduced 9ll 1
New 3 per Cent 9ll i 1 i
N ew 21 per Cent. Jan. 1894 —
D°' per Cent. d an. 1873
Annuities, 80 yrs, expire sth Jan., 1880 —
1::°- for 30 yrs, expire sth AprilllBBs l2l
.1,... (Red Sea Telet,,raph), Au,..., 1908 —
'''' ehocpier Bills, £l,OOO, 2 per Ct. — pm
Do
£5OO
, Do,
Alan). £lOO & £2OO
'of England Stock, 41 per Cent Shut
Do. Account
1 . INDIAN GOVERNMENT SECURITIES.
11(1aMock, 10f per Cent., April
Do. Account "
-
D 0.5 Per Cent. .f uly, 1880 II4Do 4
Pet' s
Cent., Oct. 1888
. ertificate
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 5i per Cent., May 1879 lOBl
Do 5 per Cont., Rup, Deb., 1372 --Do. do. 1877 —
Do. do. 1882
D,... Deb 5 per Cont., Aug. 1873
Do. Bon, 5 per Cent., £l,OOO
Do. Bonds £I.OOO
FOREIGN FUNDS—TWO CLOCK.
Argentine Republic, 6 per Cent _
Au Arian Bonds 5 per Cent. 1859
Bra..tilian 5 per 'Cent 6B
Do. 41 per Cent., 1852
Do. do., 1818
Do. do., 18 ;0
Do. do., 1863
Do. 5 per Cent., 1865
Do Account 74} 5 4/