The Sun.
London, England, 1868-02-01 00:00:00

MONEY MARKET

AND
COMMERCIAL TNT ELLIGENCX,

CITY, Two O'CLOCK.

The chief feature in the markets is a further fall
in Metropolitan Railway Stock in consequence of
the injunction restraining the payment of the divi-
dend, and the striking remarks which proceeded
from the Vice-Chancellor: There has, however,
been a partial reaction from the lowest prices of the
morning, but the disposition is still rather to sell
than to buy. In some other cases there is a slight
improvement upon the depressed prices that pre-
vailed after regular hours yesterday. The Funds
continue firm, and so do the leading Foreign
Stocks.

'lhere is rather a steady demand for money this
morning, but rates remain at 11 to 18 per cent.,
and supplies continue largely in excess of imme-
diate requirements. _ _ _

Consols are firm, at 93i to 931, for money
and account ; New and Reduced Three per Cents.,
931 to 938 ; India Five per Cents., 112 to 112 f ;
nauk Stock, 247 to 249 Exchequer Bills; 225. to
275. prem. •

Li the Foreign Stock Market, Spanish New Three
per Cents. are in demand, at an advance of per
cent., the price being 37/ to 37i ; Italian, 1861, are
firmer, at 43/ to 44/. Greek are very flat, at 128
to 13i ; and Turkish are likewise scarcely so firm
as they were, at 32i to 32/. Mexican Bonds are
161 to 16i ; Peruvian, 78 to 79 ; and Chilian, 881
to 894. . .

Atlantic and Great Western Railway Debentures
remain firm at 251 to 261, and the Consolidated
Mortgage Bonds at 251 to 26.
American Securities are firm. United States
5-20 Bonds are 1 higher, at 724 to 724 ; Erie Rail-
road 4 better, at 48 to 49 ; Illinois, 861 to 86/.
The chief feature in Railways is the further re-
lapse in Metropolitan on the unfavourable character
of the proceedings yesterday before Vice-Chancellor
irood. The stock closed last night at about 111,
opening this morning at 107, and is now about
109 to 1004. With the exception of a fall of 1 in
Great Northern A, at 107 to 108; of 1 in Brighton,
at 454 to 464 ; and of in South Eastern, at 68 to
691, the quotations are rather better. There is a
recovery of 4in Great Eastern, at 31 to 311 ; and
in Midland, at 1054 to 106 ; of 4 in Caledonian, at
754 to 76 ; in Sheffield, at 434 to 434 ; in London
and North Western, at 1174 to 1181 ; and in
Lancashire and Yorkshire, at 125/ to 1261 ; and of
in Great Western, at 454 to 46.
. Union Bank of London shares are 4 better, at
33 to 34, and London and County are that much
lower, at 54 to 55. London and Westminster are
664 to 674 ex div. ; and London Joint Stock, 334
to 341. . .

London Financial shares are 23 to 21 dis. ;
National Discount, 11 to 111; and Credit Foncier,
3 to 31.

CITY, TWELVE O'CLOCK.

The Bank of England have given notice that, in order
to prepare the diVidends due on the sth April, 1868,
the balance of the several accounts in the following
Hinds will be struck on the night of Monday, the
2d Mirch, 1868, viz., New Three per Cent. Annuities,
Reduced Three per Cent. Annuities, Annuities for thirty
Years, Annuities for terms of years, India Four per Cent.
Stock. On Tuesday, the 3d March, the above-named
funds will be transferable without the dividend due
on. the sth April next. Bank Stock, shut Wednes-
day, 18th March IAM • • nnan Monday, 6th April,
1868.

The sum of £35,000 in Engttan gold coin was
withdrawn from the Bank yesterday for export to
Alexandria. The following remarks upon the Bullion
Market are from Messrs. Mocatta and Goldsmid's
Circular :--" All descriptions of silver are firm. The
nearest quotation for bars is 60 7-16 d, and Mexican
dollars are steady at 59d, with but limited supplies
of either. Apparently no shipments of silver from
India are yet advised, but exchanges are gradually
declining, and some amounts of sovereigns
are said to be already on the way from Calcutta.
There is still a good demand for all kinds of gold for
exportation, and the arrivals having been but limited
laty, a few withdrawals from the Bank have taken
place. It seems doubtful whether the importation
from the United States will continue, but in any case
they are not likely to be on a very large scale. Skip-
Ments to some extent are, however, expected from
Australia within the next few weeks, and probably
Much of the gold which, under ordinary circumstances,
Would have been remitted from that country to India
Will no .v find its way here."
The directors of the Birmingham and Midland Bank
announce a dividend of £5 per share.
The estate of Messrs. Job. Richards and Co., of the
Aabone Bridge Iron Works, is to be administered in
bankruptcy.
The ordinary general meeting of the London
Cemetery Company has been convened for the 12th
inst.

The annual general meeting of the Berlin Water,
works Company has been called for the 13th inst.,
for the purpose of receiving the directors' report and
statement of accounts.
The directors of Charles Moon and Company have
convened the annual general meeting of shareholders
for the 13th inst., when the report will be presented
and a dividend declared.
The mining dividends declared during January
amount to £17,140 lOs on twelve companies.
The half-yearly meeting of the Bristol and Exeter
Railway Company is announced to be held in Bristol
On the 26th inst.
The meeting of the Midland is called for the 19tn
hid. at Derby.
The directors of the Birmingham Joint-Stock Rum
nave issued their report. The accounts show a gross
Profit of £59,402, and after writing off all bad, and
making
ample provision for all doubtful debts, rebate
on bills discounted (not yet due), and payment of all
other charges and expenses, there remains a net profit
(31. .£42,370, which has been appropriated as follows :
ividend of 20 per cent. per annum, free of income-
`aa, paid up to June 30, 1867, £20,390 ; dividend
(1,20 per cent. per annum, to December 31 last,
40,390 ; bank premises redemption fund, £lOO ;
balance, of profit carried to the reserve surplus fund,
i,490.
~The Merchant Shipping Company announce a
dividend at the rate of 5 per cent. per annum.
dividend at the rate of 6 per cent. per annum
stock
been declared by the United Kingdom Rolling
I.)trnoek Company.
The dividend of the London Dressmaking Corn-
L'anY (Limited) for the past year is at the rate of 5
Per cent. per annum.
The report of the York City and County Bane.,
adopted by the shareholders at their meeting, recoin-
Mended a dividend and bonus of .14 per cent., free of
income tax.

BRITISH FUNDS CLOSING PRICES.
GOVERNMENT . ' UNDS.
8 per ()eat. Console . .931 1
Do. Account, Feb. 6 ... 931
8 per Cent. Reduced 931 4
Now 3 per Cent 934 i
New 21 per Cent. Jan. 1894
Do. 5 per Cent. (ran. 1873
Annuities, 80 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Televaph), Ann „ 1908 —
Etchc.quer Bills, £l,OOO, 2 &21per Ct 22 pm
Do £5OO 22 pm
il Do. .£lOO & £2OO 22 pm
allk of England Stock, 44 per Cent 247
Do. Account
INDIA GOVERNMENT SECURITIES.
kliau stock, 101 per Cent., AprillB74 —
Do. Account -
br,°. 5 Per Cent. July, 1880
'-',°. 4 per Cent., Oct. 1888
"0. Certificates —
Do. Enlaced Paper 4 per Cent —
Do.l)°. , Jan. 1872
54,per Cent., May 1879
° Per Cent., Rup. Deb., 1872 —
Do. do. 1877 —
.„) Do. do. 1882 —
-,-,0 Deb., 5 per Cent., Aug. 1873 —
Bonds, 5 per Cent., £l,OOO
pm
"0. under £l,OOO
A rOREIGN FUNDS—CLOSING PRICES.
-rgentine Republic, 6 per Cent 724 1
Austrian Bonds, 5 per Cent, 1859 _
mre.zilian 5 per Cent _
113. r.%
.7 44 per Cent., 1852 —
", .0- do., 18:8....• —
Lo. do, 18 ;0 —
Do'
1)0. do., 1863 674
o' 5 per Cent, 1865
t D 0 Account 774 4 8
u„,,eoos Ayres 6 per Cent B3k
0 •ii, 4 2 Per Cent. (Deferred 3 per Cent )
04°„4), 6 per Cent.
4"440 6 per Cent
Do. 41 per Cent
IT). b per Cent. B —
0., 1867
Do.) 7 per ,Cent., 186 G 93
, , ll
0 it, ~ Scup £32 paid
,-, robin, 6 per Cent.
.',;(tui3Oubian sni 3 p a• Cent, 1825 ...
'' Pri • l'ties 7 per Cent 684 974
bo 8 ncipa i ,
tri per Cent, 1867 6B
...aniuyapdtioarrN, New Consolidated, 1 per Cent —
IT): Seco7aPed rlsCseullet
i) . 4'500 Bonds
• 0. 4100 13onds 92