The Sun.
London, England, 1868-02-10 00:00:00

MONEY MARKET

AND
COMMEUCIAL INTELLIGENCE,

CITY, TWO O'CLOCK.

The week opens with very much the same features
as were previously noticeable. The continued over-
flow of gold from the Bank is more and more leading
to the conviction that the Funds will not rise while
it lasts, and Consols remain at the reduced prices
current after regular hours on Saturday. Foreign
Stocks, however, keep firm. This morning the chief
movement is in Egyptian, which have advanced
per cent. Italian are better. United States Binds
are depressed upon the telegraphic statement that
during the month of January the gold held by the
Treasury decreased two millions sterling, and the
public debt increased to a like extent. Railways
are heavy, and what changes have occurred are un-
favourable.

The discount market is quiet, at 1-1- to 11 per
cent. for the best bills.

Corn is dull, at a reduction of is.

The Liverpool Cotton market continues active.
Consols are steady- at Saturday's prices, being
quoted at 93f to 934 for money and account. New
and Reduced Three per Cents., 931 to 934; India
Five per Cents., 1111 to 1121 ; Bank Stock, 248 to
250 ; Exchequer Bills, 203. to 253. prem.
In Foreign Government Securities, Egyptian
Bonds are f per cent. higher ; Italian, } ; and
Greek, 4. The quotations are—Mexican, 16 to
161 ; Greek, 13 to 13f ; New Spanish, 36k to 361 ;
Italian (1861), 43i to 44f ; Russian (1866), 89 to
90; Portuguese Scrip, to a pram; Egyptian
(1864), 91k to 92f ; Railway Debentures, 93} to
94 ; and Viceroy's, 761 to 77i.

In American Securities United States 5-20 Bonds
are jlower, at 711 to 72k ; Eric Railroad steady
at 471 to 474 ; Iliinois, 87} to 88i.
English Railways are flat. Caledonian are f per
cent. lower, at 75f to 76"; in Midland at 106 to
1061 Great Northern, at 109 to 110; Great
Eastern at 294 to 304, I each ; in Brighton at
454 to 464 ; Lancashire and Yorkshire at 1264
to 1264, e each ; South Eastern, 71 to 74 ; Lon-
don and North Western, 118 to 1181 ; Great
Northern A, 110 to 111 ; Great Western, 464 to
46i ; Sheffield, 43; to 434 ; Metropolitan, 75}
to 76.

The changes in Bank shares are not important.
Union of London shares are rather firmer, at 34 to
35. Agra (A) Shares are steady, at 11 to 14 ;
Alliance, 13 to 12 dis. ; Anglo-Austrian, 3i to 34
prem. ; Chartered Mercantile, 27f to 28} ; Consoli-
dated, f to f prem. ; Imperial, 17} to 18 ; Imporial
Ottoman, 4 to f dis. ; London and County, 52 to
54 ; London and Westminster, 67f to 68k ex. div. ;
ditto New, 39 to 40 ; Oriental, 42 to 43 ; London
Joint Stock, 33f to 34f ; and Union of London,
34 to 35.

In Miscellaneous Securities the dealings are re-
stricted and prices generally are without alteration.
Anglo-American Telegraph is quoted at 191 to
191 ex div. Atlantic Telegraph 8 per Cent.,
stosi ; do. 10 per Cent. par to preni. ; National
Discount, 11 to 11i ; Hudson's Bay, 141 to 14i. ;
General Credit, 21 to 21 dis. ex div ; Egyptian
Trading, 44 to 41 dis. ; Credit Foncier, 3 to 3; ;
International Finance, 2to 1 dis. ex div; Moscow
Gas, 8 to 9.
Colonial Securities are quiet, and the only varia-
tion is an improvement of 1 in Canada Six per
Cents., which are inquired for at 99 to 101 ; ditto
Five per Cents. steady, at 86 to 87 ; Mauritius Six
per Cents, 103 to 105 ; New South Wales Five
per Cents., 99 to 101; New Zealand Six per Cents.,
108 to 110; Queensland Six per Cents., 1031 to 1041;
Victoria Six per Cents., 110 to 111.
The New Honduras Loan is steady, at / to 11

prem.
Atlantic and Great Western Raillay Debentures
have receded 1, to 26 to 27, and the Consolidated
Mortgage Bonds 1, to 23} to 24k.

- -
CITY, TWELVE O'CLOCK.
Of the specie brought by the Weser from New York
X 5,000 is for England.
The stun of £68,000 in bar gold was taken from the
J-salik on Saturday for export.
The Oneida leaves to-day with £115,000 in specie
for the Brazils.
The half-yearly meeting of the Victoria Dock Gas
Conipany has been convened for the 26th instant, to
receive the directors' report and statement of accounts.
The directors of the Eateliff Gas Company have
convened the half-yearly meeting of shareholders for
the 28th instant, when the report will be presented
and a dividend deckired.

The failure is reported of Mt Clement Gibb, late
of Birmingham, but now of London, for about
X 30,000.

Tieprospectus is in circulation of the Javali Cora-
1-3"v, which has bean formed for the purpose of
4 Luking over the Javali gold and silver mines, situated
in the Chontalles district of Nicaragua. The share-
holders of the Central American Association have, it
is Stated, subscribed four-fifths of the capital re-
!lnired by the new company. The capital is divided
into 50,000 shares of £2 each. Consequently only
.10,000 remain to be allotted. The lists will close for
London on the 18th, and for the country on the 19th.
The following is Messrs. Hunt and King's monthly
silk circular :—" Business in the silk market through-
out the month of January was upon the most limited
scale, the lower classes ofsilk being unsaleable, and
good and finer sorts were firmly held at the
Previous advance in prices—our quotations now show
further decline of nearly 10 per cent. in the
Illeditlin kinds of China and Japan silk, but the best
remain nominally without alteration—during the past
week some appearance of activity has sprint, up, and
the cheapest parcels offering have been taken to the
extent of 1,000 bales, giving a temporary firmness to
the market. From Shanghai the latest telegrams to
tll°, 7th January give the total settlements, including
OPans, 42,000 bales : stock 1,000 ; prices were rather
higher, and the residue of the crop in the interior
estimated at 7,000 bates. From Yokohama but a
moderate business is reported, prices rather lower ;
stock 2,000 bales. In Bengal silk there is little doing,
the
small arrivals, and scarcely a demand even for
le best sorts ; prices nominal. In European silk
Prices advance as the supply becomes exhausted."
The following is from Messrs. Layton and Corn-
rcircular ilY's tea :—" The tea market has, in some
respects, assumed a decidedly firmer tone since our
Pert of 25th ult., and there has been a more general
disposition on the part of the trade to operate ;
but this improvement applies mainly to the lower
grades of black tea, which have met throughout
an active competition bo'tn privately and at auction,
recent sales of these showare an advance of id to id
per lb. Fair to medium minds of black-leaf Congou
nave, on the other nand, found no proportionately fair
Value, and the firmness of importers has for the most
Part prevented any extended transactionsin them, while
the demand for fine and finest Monings and Kaisows
continues only moderately active at barely late rates.
There is a good inquiry for Foochow broken-leaf and
Paintings ; several parcels of the latter, in faulty con-
dition, sold in public sale at 7id to 8d per lb. Cora-
uion Kaisow kinds of new import have realised from
ld to is 2d, and "new make" Congous of fair quality in
half-chests is 3d per lb, but few, if any in boxes remain
in hand.
Oolongs, except the finest, are very unsale-
ble—mediu in kinds are offering at much reduced prices.
prices
in scented teas have been moderate, but
ices of Canton descriptions are maintained. Foo-
chowd orange Pekoes meet a slow sale at a slight
supply
The recent arrivals have afforded a further
13PlY of Ping Suey green, the fine and finest de-
scriptions,r of which have gone off with spirit at fair
iLlces—inedium qualities are rather cheaper. Public
4t e 8 of 17,201 packages were brought forward on the
1!, inst.: of these 14,170 found buyers, nearly all
tlthout reserve." Common black-leaf congou showed
4cj,acivance quoted above, but fair to medium kinds
nt irregularly, and occasionally rather under the
valuations"
The '
to I,,i_naiiliPiirl g ospectus of the Australian United Gold
th_ .1,"1?)'' Company (Limited) has just been issued, and
Association (Limited) are now prepared
Thereeeive applications for shares in the new comioany.
each, eaPital is /50,000 in 20,000 shares of £2 105
serjh ,ef which a large amount are already sub-
h„ the' which, with 5,200 fully paid-up shares, taken
oil ,
Vendors in part payment of the mines, leaves
y
enu
fortis 11,404 for public tender. This company is
ee,,:ed for the purpose of purchasing and working the
in 'NI and Duke of Cornwall Gold Mines, situate
in the mining division of Fryer's Creek in the
cotiv
tains of Victoria, Australia. The prospectus con-
neBs very satisfactory reports with regard to the rich-
of theseproperties,worked out by some of the
ead;__
mining surveyors.
.e aCOe prospectus of the Javali Company (Limited)
sh.,rea Just issued. The capital is £lOO,OOO in 50,000
a r
paid
Her_ ti of
£L each. The shares 1 to 40,000 are already
.P by and allotted to shareholders in the Central
10,0,,„"An Association (Limited), and the remaining
Thi,7 shares are open to subscription by the public.
the j"tniPany has been formed to acquire and work
ehont,`,,vali Gold and Silver Mine, situated in the
le district of Nicaragua. Reports of assays of
factor Pies, appended to the prospeotus, are of a satis-
-3r
enioy„ uitracter. and many superior advantages are
WQMing the mine.