The Sun.
London, England, 1868-01-20 00:00:00

MONAY MARKET

AND
T;OLMEROIAL INTELLWAN

CITY, Two O'CLOCK.

The checks received by the stock markets at the
close of last week continue. Business at the open-
ing was limited, and it has not since been aug-
mented. The funds are a point higher, with the
demand for small investments, but there is not the
activity which was so conspicuous a few days ago.
The foreign Stock Market keeps steady, and in
one or two instances a further improvement has
taken place. It is probable that the Hungarian,
French, and Turkish Loans prevent a sufficient re-
sponse to the much more favourable state of Con-
tinental politics. The better classes of securities,
viz., the Guaranteed and Preference Bonds and
Shares, still meet with ready demand, but ordinary
stocks move slowly.
There is no change to report in the Discount
Market. The supply is very large, and the demand
quiet. The minimum rate for the best short-dated
Paper is 1i per cent.

The Corn Market is steady at Monday's prices,
Consols are ;firm, at an improvement of 1-16th,
being quoted at 921 to 92/ for money and ac-
count. New and Reduced Three per Cents.,
93 to 93} ; India Five per Cents., 111/ to 1111 ;
Bank Stock, 241 to 243. Exchequer Bills, 225.
to 275. prem.
Foreign stocks are steady, with the exception of
Greek and Mexican, the former of which is* lower,
at 12 to 121, and the latter 1., at 15 to 151. Por-
tuguese Scrip is firmer, at 2* to 28 prem. New
Spanish, 35 to 354 ; Italian, 424 to 42/ ; Turkish,
301 to 301 ; and Egyptian Railway Loan, 91k
to 92/.

The New Honduras Loan is steady at 1 to 1
preen., ex coupon.
In American Securities, United States 5-20 Bonds
are steady at 711 to 72/ ; Erie Railway better,
at 48/ to 491 ; and Illinois 85 to 86.
Atlantic and Great Western Railway Debentures
have risen 11, to 241 251; and the Consolidated
Mortgage Bonds to 25 251.
There is no feature in the Railway Market, and
but little business. There is a fall of lin Midland,
at 1031 to 104, in Brighton at 461 to 46/, and in
Sheffield at 44 to 441 ; and of 1 in South
Eastern, at 67k to 68, and in Lancashire and
Yorkshire at 1231 to 24. On the other hand,
there is an improvement of 1 in Great Northern, at
1061 to 1071 ; of,/ in Great Western, at 46/ to 47;
and of * in Metropolitan, at 116/ to 1171; • Lon-
don and North-Western, 115 to 1151 ; Great
Northern A, 108 to 109; Great Eastern, 291 to
291 ; Caledonian, 741 to 741 ; North British, 34
to 341 ; and Chatham, 18 to 181.
Bank Shares are quiet. City, 11 to 12 ; London
and County, 52 to 53 ; and London and West-
minster, 71 to 72.
London Financial Shares are the same at 24 to
22 dis., and Credit Foncier, 3 to 31.
The gold return for the month of November of
the Don Pedro North del Rey amounts to 12,290
oitavas, and the profits to £3,267 10s. 7d.
The accounts of the Anglo-Braziilan Gold Corn-
Puny show a loss on the workings of £4BO 13s.

CITY, TWELVE O'CLOCK.
There were no bullion operations at the Bank of
England on Saturday.
The Kent has arrived from Melbourne with
~4130,000 in specie, and the Cuba with £5,400 from
tioston.
The Ceylon takes £36,615 in specie for the East, of
Which £36,000 is gold for Alexandria.
A special general meeting of the Caledonian Rail-
.l'raY Company has been called for the 31st inst., for
the purpose of confirming the heads of the agreement
entered into with this Company and the North British
Railway.
An extraordinary general meeting of the Calcutta and
South Eastern Railway Company has been called for the
28th inst., to take into consideration the mode of
dealing with the future deficiency in the revenue of
the Company, and to consider the propriety of making
over the railway to the Government.
The report of the English, Scottiih, and Australian
Chartered Bank for the past half year shows the avail-
able profits to be £27,984 9s 3d, which it is proposed
to distribute as follows :—To the payment of a divi-
dend at the rate of 7 per cent. per annum (free of
income tax) on £600,000, the paid-up capital of the
bank, £21,000 ; towards the reduction of bank
premises and furniture accounts, £l,OOO ; to the
reserved fund, £5,000 ; leaving £984 9s 8d to be
brought forward.
The report of the Provincial Banking Corporation
recommends a dividend at the rate of 7t per cent. per
annum for the past half-year.
The following are the dividends as yet declared for
the past half-year by the London Joint Stock Banks,
With. the distribution made for the same period last.
Year, calculated at so much per annum :

1867. 1866.
Alliance... ... nil 4 per cent.
City
...
... ... 7 per cent. 10
Imperial 58 If
London and Westminster 32
~ 32 ~
London Joint Stock
... 124 ~ 25 II 9
Metropolitan ... ... 5 ~ 4 li t
Provincial Banking Corp. 74 II 74 pp
Union of London ... 15 „ 20 IP,
The Metropolitan Railway Carriage and Waggon
CoMpany have declared a dividend for the past half-
Year at the rate of 5 per cent. per annum.
The creditors of Messrs. Ketley and Company, of
the Old Dock Furnaces, Dudley, have accepted a com-
bosition of 5s in the pound.
„_,The export coal business for the various ports of the
united Kingdom of last month shows an increase of
23,864 tons over the corresponding period of 1866,
when the exports were 612,284 tons. The total
exports from January to December, 1867, inclusive,
anaounted to 9,770,044 tons, as against 9,367,831
ions in 1866. •

_nr,OSING PRICES.

BRITISH FUNDS
, UOVERNMENT FUNDS.
u per lieut. Consols
. Do. Account, Feb. 6 921
Per Cent. Reduced 9B
I,IW 3 per Cent 92i 3}
mew 2} per Cent. Jan. 1894 —
Do. 5 perl873
441auities, 80 yrs, expire sth Jan., 188 e —
Do. for 30 yrs, expire sth April 885 —
-r, Do (Red Sea Tele6raph), Au„., 1908_
Atolls:quer Bills, £l,OOO, 2 ez 2i per Ct 22 6 pm
Do £5OO 22 6 pm
... Do. £lOO & £2OO 22
klink of England Stock. 41 per Cent 2426 3pm
Do. Account

NDIAN GOVERNMENT SECURITIES,
Indian stock,loi per Cent., AprillB74
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent B7i 7
Do. 5 per Cent., Jan. 1872
Do. 5i per Cent., May 1879- lOBl
Do. 51?er Cent., lap. Bob., 1872 —
Do; do. 1877 —
Do. do. 1882 —
Do Deb., 5 per Cent., Aug. 1873 —
DO. Bonds, 5 per Cent., £l,OOO
DO. under £l,000

FOREIGN FTJNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent 721 1
Austrian Bonds, 5 per Cent. 1859 —
tratilian 5 per ()out —
DO. 4 per Cent., 1852-58-60
Do. 1863 - -
D
Do. 5 per Cent, 1865 — •
.„0 Account 76/ 1 + 1
uo. 4100 Bonds —
•Quonoe Ayres 6 per Cent —
Do 2 per Cent. (Deferred 3 per Cent ) 41
Nabs, 6 per Cent.
'411,11t0 6 per Cent
Do.4} per Cent —
DO., 6 per Cent, B •
'"l,°. 1867
-,\'''°-: 7 per ,Cent., 1866 9l
n 0., Scrip 432 paid
sry,nmbian, 6 per Cent.
;.;allisti, 3 vir Cent. 1825 ..
"ulubian Principalities, 7 per Cent 64 1- 5
111)0 8 per Cent., 1867 —
10ador New Oon3olidated, 1 per Cent —
Ryptian, 7 per Cent
,110. Second Issue B9l
,"•'. £5OO Bonds
"0. £lO6 Bonds 9ll 90/
„ Do. 1861
",,0. £5OO Bonds 9O! 1
Li 0* £lOO Bonds • .... 91/ f
Govornit ,il t Railway Debentures ..... 911 2 14 21.
(Ireek, 5 pe:eCeot., 1821.-5, ex Coups
Do. Account
DO. Coupons
' to 1
ccount
‘lvt.
01A1,0 5 per Cent .. —
, onduras Gov. Rail. Loan., 7p. Ct., £l5 pd pm
.t•. 1;
,an 5 per Cert. 1865 —
.-,0. Account -
,Do. Diaremmana Itaiway 45/
"talieurs 3 per Cent —
Ditto for Account '
Do 13^. • 186
buzris per Cont. Anglo-French —
°l4ovideau 6 per Cent. • . —
h Imperial 5 per Cent
'°,,vir Granada
1-)1
."4
4-'0 3 per Con
"0. Deferred
Do Land Warrants (Hectares)