The Sun.
London, England, 1868-12-19 00:00:00

MONEY MARTKET

AND
CO lIMERCIAL INTELLIGENCI,

CITY, Two o'CLocK.

There was an improved tone observable in the
market for British securities to-day, and we have
to report a small increase in the price of Consols.
In foreign stocks there was a decline in Peruvian,
but Turkish seemed inclined to rally. American
bonds receded a little. In miscellaneous shares
hardly a single transaction took place, and what
business was done was at yesterday's prices. The
rate for good bills is about 2$ per cent.
Consols are 921 113- for money; ditto, for Ac-
ount, 92s ; Three per Cent. Reduced, 92i 4 ; New
Three per Cents, 921 ; ditto 5 per Cent., Jan.,
1873, 1031; Bank of England Stock, 4 per Cent.,
210.

India Stock, 101 per Cent., April, 1874, shut ;
ditto for Account, 212 ex div. ; ditto, 4 per Cent.,
Oct., 1888, 1021 ; ditto Enfaud Paper, 5 per Cent.,
Jan., 1872, 104 ; ditto Bonds 4 per Cent.,
under £l,OOO, 2 preen.

. _
In the foreign market a fall of 11 per cent. has
taken place in Peruvian Bonds of 1865, viz., to
771 to 4. Italian of 1861 and Spanish of 1867
are lower at 551 to 1, and 321 to 1 ; Turkish
of 1865 have improved, being 371 to s ; Bra-
zilian of 1865, 77/ to 78 ; Chiliau of 1867, 96 to 97 ;
Egyptian of 1864, 82 to 83 ; ditto of 1868, 731 74 ;
Italian Tobacco Loan, 21 to 1 prem. ; Greek, 111 to
12 ; Mexican, 14 to 15 ; Russian of 1866, 89 to
90 ; ditto Nicolai, 651 to 1 ; ditto Orel, 781 to 79 ;
ditto Moscow-Jaroslaw, 771 to 78/ cx div. ; ditto
Charkof-Azof, 21 dis. ; ditto Charcow-Kremen-
tschung, 14 I dis ; Turkish of 1858, 59 to 61; ditto
of 1862, 60 to 62. _ _ _

In Railway shares there is very little business.
London and North Western are quoted 1111 to
; Great Western, 481 to ; Midland, 1111 121;
London and South Western, 87 to 88 ; Great
Eastern 41 to 1 ; Brighton, 48 to 1 ; South
Eastern, 781 to a ; Metropolitan, 1011 to 1 ; Great
Northern, 101 to 61; ditto A, 107 i to 81 ; Cale-
donian, 73i to j ; and London, Chatham, and
Dover, 164 to 17. _

United States Five-Twenty Bonds are 73- to
74k, being 1 per cent. lower ; Erie Raiway shares,
26- 27, a decline of s ; Illinois Central, 95/ to 96 ;
Atlantic and Great Western Debentures, 391 to 1;
and the Consolidated Alortgage Bonds, 41i to 42.
In Bank and Miseellaneous shares prices remain

as last quoted.
No bullion operations of importance took place
yesterday at the Bank.

The Bangalore, from Alexandria, has arrived
with £2,970. The Tanjore left Southampton yes-
terday for the East, with £56,500, of which
£ll,OOO is in gold and £45,500 in silver, for Bom-
bay.
On Wednesday last it was mentioned in advices
from Frankfort that a report was current on the
Bourse of a bill of the Portuguese Government
which had been secured by a deposit of stock hav-
ing been protested at Paris and the stock sent for
sale to Lisbon. It is believed, however, that this
report was without foundation.
With reference to the Viceroy of Egypt's Seven
per Cent. Mortgage Loan, it is notified that the
coupons due the Bth June, and also the bonds
drawn for redemption, will be paid by the Anglo-
Egyptian Bank.
The half-yearly meeting of the East Indian Rail-
way Company is convened for the 31st inst.
The half-yearly meeting of proprietors of the
Colonial Bank will be held on the Bth of January.
A petition for the winding up of the London
Maritime Assurance Association is to be heard be-
fore Vice-Chancellor Malins on the first petition
day in Hilary Term, 1869.
Mr. Lewis IL Ilaslewood offers for subscrip-
tion at issue of £400,000 First Mortgage Seven
per Cent. Sterling Coupon Bonds of the Chesa-
peake and Ohio Railroad Company of Virginia.
These bonds, it is stated, are part of a series
of £2,000,000, of which £1,200,000 have been
retained for America, and £BOO,OOO for Europe.
The present issue is the first moiety, and the
remaining £400,000 will not be offered until
1870. The price is £75 per £lOO bond. Inte-
rest is payable semi-annually, in sterling, in
London; the first payment being on the Ist of
April, 1869, and 1 per cent. of the entire
debt will be allocated annually for the redemption
of the principal. The loan is announced to be for
the purpose of completing the works from Coving-
ton to the Ohio River, and so reaching the valley
of the Mississippi, towards which extension the
company has received nearly $5,000,000 new sub-
scriptions to the capital stock, all of which is as
yet unexpended.
It is officially notified that " a settlement of the
debt due by the Great Western Railway of Canada
to the Government of Canada has been proposed
to the board and subjected by them, subject to the
consent of the shareholders," and that " a special
meeting will be called at the earliest period for its
consideration." The amount, according to the last
accounts of the company which have been pub-
lished is £513,000.
At an extraordinary meeting of the Irrigation
Company of France (Limited), held yesterday, the
directors stated the circumstances under which the
late call of £5 per share has been made, and the
chairman (Mr. R. S. Lane) remarked that it is the
opinion of the board that possibly it would be more
satisfactory to the shareholders that the under-
taking should be placed under fresh management.
Ile and his colleagues, therefore, tendered their re-
signation. This was accepted by the meeting,
and the following gentlemen were requested to
fill the vacant seats—viz., Messrs. 'l'. Cave,
M,P., A. Young, W. Morris, Edward Thorston,
and Thomas Briggs, who will report to a future

Meeting.
With reference to the wine products in Austria
and Hungary, a statistical report has just been is-
sued by the Imperial Agricultural Society in
Vienna, which, according to the last returns,
showed the production to be 394,911,052 gallons
of white and red wines, of the value of 130,933,484
florins. Of this quantity Hungary produced no
less than 217 millions of gallons, while Croatia,
Slavonia, and lower Austria contributed each be-
tween 15 and 16 millions, the other districts sup-
plying the remainder. The cheapest class of wine
is sold at
,about Bd. per gallon, while the superior
classes range from 6s. 6d. to 13s. 6d.
It is understood that the Lord Mayor yester-
day granted a summons against each of the sur-
viving directors of Overend, Gurney, and Co.
(Limited), on information, lodged by the com-
mittee of the Shareholders' Defence Association.
The summons is returnable on the Ist January.
Great regret has been expressed in the City at
these proceedings, a belief in the entire absence of
criminal intention on the part of the individuals
implicated being very general. At the same time
doubts are entertained whether the action now
taken may not affect prejudically the realisation
of some of the assets of the concern, and so render
necessary a further call on the contributories to
enable the liquidators to meet the promissory
notes due in March.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
a per Cent. Consols
Ditto for Account,
8 per Cent. Reduced 921 f
New 3 per Cent
New 21 per Cent. Jan. 1891
Do. 5 per Cent. da n. 1873
A :unities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 2 per Ct pm
Do. k5OO
, Do. £lOO & £2OO — pm
Aotak of England Stock, 4 per Cent
Do. account
Canada 4 per Cent. Bonds —
luter-Colonial Omni=

INDIAN GOVERNMENT SECURITIES.
Anditt sLock, 10f per Cent., April 1874 Shut
Do. Opening, for Account 212
Do. 5 pmen C t July 1880

Do. 4 psi Cent., Oct. 1858
Do. Certificates --
Do. Enfaced Yap. 4 per Cent _
Do. 5 per Cent., Jan. 1872 , lO4l
Do. 54 per Cent. May 1879 —44
D) 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —