The Sun.
London, England, 1868-04-07 00:00:00

Ii0141:iX MARKET

AND
COMMEMOIAL INTELLIGENes.
CITY, Two o'CLocrc.

The business doing in public securities is very
limited, and in the absence of important outside in-
fluences, no improvement is expected in this direction
until after next week. In the meantime, how-
ever, the funds are showing more animation
than for some time past. The cause .of
this return of activity is the present position
of the money and bullion markets. Nearly a million
and a half sterling in Australian gold is on its way
from Melbourne, nand the influx from New York has
revived. At the same time there is more money
seeking employment at home, while the revival in
trade is insufficient to keep up recent rates.
Money shows increasing ease. Though the large
aisbursernents to take place in connection with the
Payment of the Government and Bank dividends will
not commence till tc-morrow, its effect is already
partially realized. Holders of bills hold back for a
day or two, and the decline of business has reduced
the rate to about 11 to 15 per cent.
Cotton in Liverpool has declined ±
to this
morning.
The English Funds are very firm. Consols are in
request at yesterday's advance, at 931 to 93g for
money and account ; New and Reduced Three per
Cents., 915 to 92; ; India 5 per Cents., 1132 to 1141 ;
Bark Stock, 244 to 246 ; Exchequer Bills, 1131 to
114±.
Foreign Stocks are steady, but there is very little
(:)ing forward. The prices current are as follows :
lexican, 151 to 16 ; Greek, 125 to 13 ; New
Spanish, 351
to 36 ; Italian (1861), 49 to 49/ ;
Turkish
(1865), 345 to 34-it ; Portuguese, to 1 prem. ;
Orel-Vitebsk, 80=-, to 81 ; Egyptian (1864), 805 to
8141. ex div. ; ditto Railway Debentures, 89 to 895 ;
Viceroy's Seven per Cents., 721 to 73/ ; and the Nine
tier Cents., 881 to 891.
The Spanish Colonial Eight per Cent. Loan is lis
Prem.
Egyptian Nine per Cent. Bonds are 885 to 89.
The New-Honduras Loan is par to 1 prem.
In American Securities, United States Five-Twenty
Bonds are 5 better, at 72g- to 72g. Erie shares steady,
at 48 to 49 ; Illinois, 92 to 93.
English Railway Shares are firm, and prices gene-
rally are better. Great Northern advanced 4 (ditto A),
and Caledonian 4 ; Lancashire and Yorkshire, Mid-
lands South Eastern, Great Western, and Lon-
don, Ilrighton, and South Coast ; each. The fol-
lovving are the quotations :—Lancashire and Yorkshire
1255 to 126 ; Midland, 105 to 1055 ; South Eastern,
72/ to 731 ; London and North Western, 114 to
1145 ; Great Northern, at 1025- to 1035 ; ditto A,
97 to 98 ; Great Eastern, 341 to 34- ; Great
Western, 491 to 501 ; London, Brighton, and South
Coast, 50/ to 504; Manchester, Sheffield, and Lin-
colnshire, 435 to 44 ; Nletropolitan, 1122 to 113± ;
Caledonian, 70/ to 701.
Bank Shares are quiet,. and prices generally are
unaltered. Agra (A shares) are quoted at 10; to 10±1
Alliance, 13 to 12 dis. ; Anglo-Austrian, 41 to 42
prem. ; Chartered Mercantile, 28 to 29 ; Consoli-
dated, 4ito 4 ; Imperial, 17 to 175 ; Imperial
-
Ottoman, to 1 prem. ; London and County, 51 to
52 ; London and Westminster, 67; to 685 ; Oriental,
42 to 43 ; London Joint Stock, 31 to 32 ; Union of
London, 31 to 32.
Finance shares are steady. Credit Fonder, 22 to 3 ;
lieneral Credit, 2g to 2g dis. ; International Finance,
2to dis.
In Foreign Mining Shares St. John del Rey is
quoted at 21 to 22.* Port Philip, 11 to 1# ; Chon-
tales, 1 to 1 dis.
In Miscellaneous Securities there is little business
'wing, and prices are without change. Anglo-
American Telegraph, 225 to 221 ; Atlantic Tele-
graph 8 Per Cents., 5 to 51 ; Hudson's Bay steady,
at 145 to 145 ; London General Omnibus, I/ to 2.
There were no gold operations reported at the Bank
of England yesterday.
The Oneida, from Brazil, has brought £20,033 in
sPecie, the City of Cork £2,001 from New York, and
the Delta, from Bombay, with £1,564.
iac-I;thlay,
er Australian gold shipped from Melbourne in
for Europe, amounted to £367,500, thus
increasing the total known to be at sea from this
Port to £1,300,000, a portion of which is already
due.
A net sum of £506,600, represented by 4,273
Ponds of the Brazilian debt, due in this country, was
cancelled last week with the ordinary formalities, in
accordance with the contract with the bondholders
represented by Messrs. Rothschild. Of these bonds,
there Were 583 of the Loan of 1852, for £58,300 ;
4,314 of the Loan of 1858, for £131,400 ; 928 of the
14°aa of 1860, for £92,800; and 1,448 of the Loan
of 1863, for £224,100.
Sir Stafferd Northcote, the Secretary of State for
India, has arranged with the Bank of England for the
Payment of the interest on the Indian Funds without
closing the transfer books, the new system to cons-
'tepee with the dividends due in May.
Ile Committee of the Stock Exchange have ap-
It',?iated Thursday 9th inst., a special settling day in
Four per Cent.. Preference (Convertible) Stock of
"e Caledonian Railway Company, to be marked.
It is stated, with regard to the Communal Credit
t•
wan of Belgium, that the applications for the obliga-
11s exceed one million in number, and that, after
the
Dy number
embeont ls
rhrebreen reduced one half, it was only
e (Messrs. Rothschild) giving up
own reseeve that the larger subscribers were
enabled to obtain one-seventeenth part of their re-
quirements.
BBe,
The South Eastern Railway traffic return shows this
e,Beek an increase of £958 over last year, and the
.righton an increase of £1,703. The traffic return of
the Great Western Railway of Canada for the week
tell,iedingthe 3d inst. shows an increase of £846 over
corresponding period of last year.
At a recent meeting of some of the principal
aSharehOiderS in Overend, Gurney, and Co. (Limited),
committee of four gentlemen were appointed for
the Purpose of taking proceedings at common law
algainst some of the directors to recover, if possible,
portion of the losses incurred. The committee
have issued a circular inviting subscriptions from
tite shareholdersat the rate of 3s. per share, to
sleet the exi:enses connected with the action. It
appears.i from the circular that the committee intend,
the first place, to select one of their subscribers as
Plaintiff ;nal that the action will be taken against such
of.. the directors as are known to be wealthy. In
the event of any compromise arising from the pro-
posed litigation the directors will certainly insist
on the committee handing over to them the whole of
the evidence obtained during the protracted and
?ostly investigation ; otherwise the directors would
laY themselves open to further action from shareholders
ho have not subscribed to the fund. The committee
are, it is stated, supported in a highly satisfactory
ilaautier.
PriVesterday the Birmingham houses advanced the
ce of English tin £2 per ton, making present prices
er v
renne ton block £lOl per ton, and common block
..zuB o.

BRITISH FUNDS-CLOSING PRICES
, GOVERNMENT rUNDS.
93+ I i
. Par Lent. Consols
93i 1,
g 130. Account., May 5.
911 21
~,,per Cent. Re.duced,
92 1.1- 21 2 /
L-le,v per Cent
"'3ltr 21 per Cent. Jan. 1894 —
A I)°` 5 per Cent,. can. 1873
--01,11uitios, 30 rs, expire sth Jan., 1880 —
°"°. f3O Y • • sth April 1885 —
, or yrs, expire " (Rod Sea Tol4,raph), An,,., 1908" —l2 14 17
tclicquer Bills, £l,OOO, 2 per Ct.
1)0• £5OO
11 pm
Do.
14
•v
£lOO & £2OO -111 k
,c of England Stock, 41 por Cent Account
Ina-4134N GOVERNMENT SECURITIES.
216 -,-,a tock, 101 per Cent., April 1874
Do, Account -
1131 141.
13°. 5 per Cent. July, 1880
,°. 4 per Cent., Oct. 1888 (10. Certificates
13
88
T.,0. Enfaced Paper 4 per Cent
103/
61°. 5 Per
Cent., Jan. 1872
-1-)°.
.i. per Cent„May 1879 -
102 1
-° 0 per C t .R D b 1872
Cent., ~ up, e .7
Do,
do. 1877 _
-,f, Do.
do. 1882 —
Do:105
-' Deb., 5 per Cent., Aug. 1873
~,, Bonds, 5 per Cent., £l,OOO
27 pm
no, under £l.OOO
Ar
v„,,,VOItEIGN FUNDS—CLOSING PRICES.
_
4 u''''''ino Republlc 6 per Cent
, atrial). Bonds 5 per Cent. 1859
x
Jit.9zilian 5 per 'Cent _ t.,0. 41 per Cent 1852 _
4-'°. do •+ 1858....
I),°. d 0.,” _
1860
DO do 1863 _
...,0 5 ',.,
I) • . per Cent., 1865
74 41 5i 5
It ~2 Account ~.0.,
_
u 8 Ayres 6 per Cent
Cub
`4 per Cent •• (Deferred 3 per Cent.)
1, c. •
_
r,.,,, 0 per Cent.
-unlit,
er
Cont
69
Do 4u P C
. 4 per Cent _
Ito. e
.
-e. ion-,
/), , ~., J.,.
98}
Co',
,_‘,PRr ,Cent., 1866
0 '' ?erilt £32 paid
_
Na
_finnn, 6 per Cent.
u:sti, 3p n• Cent. 1823
'''' iirpt thian rincipalities, 7 per Cent 73-1.
Kip°,tPcr Cent., 1867 .
d
1.; ~4„. " Nt,t7 Consolidated, 1 prn• Cent. •
~, knian, 7 „er tent
o 0.: SA , zic-'1;
,ins:sius o ......
BU..
. 4106 Bonds B2l 3
) Bonds . 18"
00,
811 2
-130. £lOO Bonds
0 ••• 83 2
G.( h, Rail wav Debentures.... 89i
_
gok.,AseertiCent., 182115, ex Coups
......
...... "
1),, uoll°l4 .......................
itittDo. Accettitt .....
..
*************************
14etnala. 5 per C'ea.... * : ***********
Ira'sl. Loau., 10p. Ct., £23 p
4 5 poi: Cm., 1t155 . ****** i. .....