The Sun.
London, England, 1868-04-24 00:00:00

XONEY MARKET

A ND
COMMERCIAL INTIULIGENOB,

The Bank return scarcely responds to the change
which has taken place in the discount market. For
example, the addition to the private securities is insig-
nificant, while there has been rather a large increase
ih the private deposits. The reserve, too, shews a
considerable accession of means arising from deposits.
It follows from these conditions that up to the date of
the return the inquiry for money which has advanced
the terms in Lombard-street has, so far, failed to make
any impression upon the Bank, and that it is prema-
ture to look for a very early advance in the rate of
discount. The bullion continues to decline, but the
total diminution is less than the aggregate of the
withdrawals during the week. The following are the
principal changes-since the previous return :
Decrease in Circulation
Increase in Public Deposits
Increase in other Deposits
No change in amount of Government Securities.
Increase in ocher Securities
Decrease in Bullion
Increase in Rest 5,351

nereale in Reserve - 311.280
Bullion in both Dapartinents 20,527,100
Reserve of Notes and Coin 11,587,080
Circulation, including Bank Post Bills-24,112,917
The following is the return of Paid Clearing for the
m,:eek ending Wednesday, April 22, as certified by
.alr. J. C. Pocock, deputy inspector.
Apri 16, Thursday
Apri 17, Friday
Apri 18, Saturday [11,705,000
Apri 20, Monday
Apri 21, Tuesday
Apri 22, Wednesday—A.— 8,907,000

Total £75,615,000
This is one of the largest clearings in any week
since the first publication of the return. A consider-
able portion of it arose from the half-monthly settle-
ment in the Stock Exchange ; but, making allowance
for this exceptional case, the return indicates some
expansion in commercial engagements.
There is a good demand for money, and rates can-
not be reported otherwise than firm, at 2 per cent. -
Corn is quiet, but firm. The English Funds are firm. Consols show an im-
provement of k, at 931 to 93g for money and account;
New and Reduced Three per Cents., 92k to 92i ;
Bank stock, 243 to 245 ; India Five per Cents., 115 k
to 1151 ; Exchequer Bills, 15s to 20s prem.
Egyptian Government Securities have recovered
per cent., the 1864 bonds being 80 to 81 ; Railway
Debentures, 89 to 90; Viceroy's Seven per Cents.,
„.701 to 71 ; and the Nine per Cents., 88k to 89; New
Spanish are lower, at 341 to 35, on the death of
IsTarvaez ; Mexicans are steady, at 15k to 151 ;
Creek, 12k to 121 ;- Italian (1861), 48a to 48#;
Turkish (1865), 34# to 34 ; Portuguese, 1 to A- prem.;
Orel-Vitebsk, 781 to '79 ; and Nicolai, 654 to 66.
The New Honduras Loan is par to 1 prem.
nit The Spanish Colonial Eight per Cent. Loan fully
id up,. is 90 to 901, and the Scrip 3k to 2k dis.
Bln American securities United Stares Five-twenty
wßonds are quiet at 694 to 70k ; Erie Shares are 11
lower, at 45 to 46 ; Illinois, 93 to 94.
Atlantic and Great Western Railway Debentures
remain at 29 to 30 ; but the Consolidated Mortgag€
Bonds have receded k, to 321 to 33.
The chief movement in English railways is a fall of
43 in Great Eastern on the report recommending
ew issues of stock. The present price is 32
33i. Lancashire and Yorkshire stand at
If.J.Bsitertno, 1281 ; Midland, 108 to 108 k • South
731 to 74i ; London and North 'Western,
Al 6 to 116 k • Great Northern, 102 k to 103 k ; dittc
"4-1 981 to 99,k' ; Great Western, 52 to 521 ; Brigh
I.°H, 52 to 521 ; Sheffield, 43 to 431 ; Metropolitan
nlato 11i1 Chatham, 181 to 19 ; and Caledo
,
iont to 74.
P°relg4 Railway shares are steady. Lombardo-
Venetian is quoted at 142- to 14/ ; Great Luxem-
burg,ni 9g- to 91 ex div.
he only feature in Bank Shares is a furtherim-
avt")v.seinent of 1 per cent. in Imperial, which is quoted
181 to 194 Other descriptions are without
sahlt:ration. The following are the prices :—Agra (A.
res), 9k to 10k ; Alliance, 13 to 12 dis. ; Anglo-
touVan, 4 to 4k prem. ; Chartered Mercantile, 28
`•'° ; Imperial Ottoman, # to # ; Oriental, 42k to
• London and Westminster, 67k to 68 ; London__
:ruu County, 51 to 52 ; Union of Loudon, 32 to 33 ;
Liondon Joint Stock, 32 to 33.
R4oreign Mining ares are dull. St. John del
ja remain at 20k to 21k ; Chontales are k lower,
at 2k to 21 ; Port -Philip, 1# to 1;1.
witilloisucellane-ous securities are.
23 change. Anglo-American 'Telegraph, 224 to
quiet,butprices are
R.,, Atlantic Telegraph Eight per Cent., 5 3-16 ,
tuoon's Bay, 14k to 14g ; London General
O
14 to 2.
`il4 yesterday,
gold to the value of £47,000 was sent into the
14- Yesterday and £B,OOO in foreign coin was with-
drawn. •
Telegrams from New York announce the departure
ye
snterday of a further £200,000 in specie for Europe.
Lady
Melville has arrived from Melbourne with
.‘464)000 in Australian gold.
Serill' call of £3 per share has been made on the 4th
a of the Chartered Gaslight Company.
loan of the Indiana Southern Railway has been
withdraw
n from public subscription for the present.
b A general meeting of the English and Swedish
~.410ank has been called for the 26th May, for the pur-
aPe,'e of receiving the liquidator's account, showing his
en" and dealinas since the winding-up of the
—lnPany.
A special general meeting of the Royal Bank of
„,ud has been called for the 13th May.
o_4:tine annual general court of the proprietors of
thwark Bridge has been convened for the sth
'Bl-thYlvittoyr. the purpose of adjourning the meeting to the
.eTrahte ordinary general meeting of Liebig's Extract
Company will be held on the 4th May, for the
yuTphoese of receiving the directors' report and state-
ment of accounts.
particulars are announced of a new mining !nterprise, called the Humboldt Silver Mining Com-
ollY, with a capital of. £60,000 in £5 shares. It is
u_r.t!ight out upon terms which will probably meet
encouragement.
I...._Tohne report of the Fairbairn Engineering Company
amends a dividend at the rate of 5 per cent. per
41inum.
The Metropolitan District Railway Coan notif
That scrip certificates for the Six per Cent.mp Deby yenture Flock recently issued will be ready to be exchanged
~r the banker's receipts at the office, 6, Westminster
Chambers, S.W., on and after Tuesday, the 28th
4istant.
t is officially explained that the Metropolitan
,rlkffic return for the week ending April 19 is purely
,ailetropolitan and includes no "portion of the receipts
!_t!e to St. John's Wood. On the contrary, the
`_etinate due to St. John's Wood on the traffic arising
,)e that line has been deducted from the amount
;hair i‘l,e(l. To prevent mistakes in future, I may add
jetropolitan traffic will always be kept and re-
kroe
as at present, distinct and separate from any

BRITISH F UNDS —TWO O'CLOCK.
3 QovEuxiktENT FUNDS.
93} i
Per Cent. Consols
3 Ditto for Account 931
92 i
Illier 0( nt. Reduced
92
N©w
3 Per Cent
_
ijv 2i Per Cont. Jan. 1894
_
A ---°' 5 Per Cent. oan. 1873
—enuitie, 80 yrs, expire sth Jan., 1889 --
1).„0. or
30 yrs, expire sth April 18, a _
,
Do (Red Sea Telegraph), Aug., 1908
13
pin
'2,ehequer Bills, £1,009, 2 per Ut
Do,
De £5OO
12 pm
111,-.1. £lOO St £2OO
9131 5
",-,-" of England Stock, 4p3r Cent -
__
Lo. A ccount
4(1'1141/IAN GOVERNMENT SECURITIES.
bir‘l,l!..4.cctitilnOti per Cent., April 1874
r,.. 4 Per Cent. July, 1880
115- ;
i i
°' 4 Pe.: Cent Oct 1888
iuo
,ert)ficates
) • 14.nfaced Paper 4 p—
or Coot
pno'
,ler Cent., Jan. 1872
De per Cent., Rup, Dob. 1872 —
do. 1877 .....
Do
D - • do. 1882 _
_
b':).
ponds,
5 per per
1873
pm
.0 • ',ends, 5 per Cent., £I,OOU
_ pm
0. under £l,OOO
CLOCK.
.kr
~,,,, . FOREIGN FUNDS—TWO
74i
.4kii''tll.tltio Republic, 6 per Cent
lir ' .1.411 bonds 5 per Cont. 1859
70
0443111..m1 5 Per Cont'
Do' ' 11 Per Cent., 1852
h()* do 1858_,
• mci , *,
66
bo. "°') 18i0
64 5
D° do,, 1863
1)(')' 45 Per bent., 1865 —
tIA (!entitt,
Lin°B Ayres 6 per (lent
elm') 2 Per (lent. (I),,ferrod 3 per Cent )
r—
e ~.'S 0 per Cent.
n G per Cent.,.... —
t;())'. 41 Per Cent
„o 6 Per Cent., B •
92i 11 2
-..-:
), 1867
1); ) 7 por ,Cent., 1866 0,.). °', Berip £32 paid
o.rubian, 6 per Ceut.
87
1)4411ti,, 3p u Cent. 1825...
Dadll iati Principalities, 7ln Cent --__
• per Cent., 1867
p, or New Consolidated 1 per Cent —
iTPtian, 7 per Cent
•••
~n; Sccoad lssuo
..•••• 791
-V, • £5OO Bonds
ve• £lO6 Bonds —
11°
-Do.
1864
,• .£5.,0 Honda
-u0..£1011 Bonds :
.......
....•
Orr,?ny'llMlut 11a.l1. .. '''' e.nturos ...• 891 8
"e,e1t.05 per Cont., 1824-5, ex Coup —
• Account ............... ,
1)
4,u. i j0u...,0 ....:
...............
.). A 1"."' •
.. , —
--.
''eC°llllt ..................... • ...........