The Sun.
London, England, 1868-03-23 00:00:00

DIONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

Ciry, Two O'CLOCK.

Business on the Stock Exchange is perfectly in-
active, with little change of importance. Transactions
are not likely to increase pending the motions for the
disestablishment of the Irish Church. The Funds
have receded a point, but Foreign Stocks have in
several cases slightly improved. (a Railways there is
o feature of importance.
The discount demand at the Bank and in the open
Market continues active, and the rate current is the
official minimum, viz., 2 per cent.
Telegraphic advices from Liverpool report the
cotton market unchanged. Probable sales 0,000
bales.
English wheat is held for late rates, whiny are no
freely given.
Consols are less firm than at the opening, being
quoted at 93 to 935 for money, and 935 for account ;
New and Reduced Three per Cents., 915 to 92 ; India
Five per Cents., 114 to 1145 ; Exchequer Bills, lls.
to 16s prem.
The Foreign Stock Market is steady at prices show-
ing no average change from Saturday's close. There
18 an advance of ik in Brazilian (1865), at 72 to 73;
Turkish (1858), at 5g to 60 ; and of in Turkish
(1865), at 33;-i- to 33. k ; in Mexican, at 155 to 165 ;
and in New Spanish, at 351 to 36. Italian (1861)
have declined t, to 474 ; and Turkish (1862), to 63.
Greek show no change, at 125 to 13 ; Portuguese
Scrip, 4 to / prem.; and Orel Vitebsk, 78i to 79.
The New Honduras Loan is steady at 4 to 14 prem.
Egyptian 9 per Cent. Bonds are steady at
594 to 90.
In American Securities, United States Five-Twenty
Bonds are -k lower, at 72 to 724 ; Erio Shares are
quoted at 461 to 474, being 4 worse, while Illinois
show an improvement of 4, at 89 to 90.
Atlantic and Great Western Railway Debentures
have receded 4, to 27 to 28, and the Consolidated
Mortgage Bonds 1, to 274 to 284.
The variations in railways are unimportant. Mid-
land, London and North Western, and Caledonian
are k per cent. higher ; and Sheffield are f lower ;
and Brighton, Metropolitan, and South Eastern are
lower. The current prices are :—Lancashire and
Yorkshire, 1254 to 1251 ; Midland, 105 to
1055,, ; South Eastern, 725 to 73 ; Metropolitan,
4,144 to 1141 ; Great Northern, 1044 to 1054 ; ditto
992 to 100 ; Sheffield, 424 to 43k ; London and
'North Western, 1141 to 1154 ; Brighton, 48 to 485 ;
Great Eastern, 315 to 325 ; London and South Wes-
t,ern, 85 to 86 ; Great Western,. 465 to 47 ; and
Caledonian, 804 to 801,
Bank Shares are steady, the only change being an
advance of 4 in London and County, which is quoted
at 52 to 53.
.Agra (A. shares), 10 to 11 ; Alliance,
14 to 7 3 dis. ; Anglo-Austrian, A to 4 prem. ; Char-
tered Mercantile, 282 to 295 ;Consolidated, 45 to
; Imperial, 17 to 174 ; Imperial Ottoman, 4 dis. to
Aar ; London and Westminster, 675 to 684 ; Oriental, 42
-,-to ; London Joint Stock, 314 to 325 ; Union of
•Liondon, 33 to 34.
Foreign Mining Shares are rather dull. Chontales
!,8 lower, at to dis. ; St. John del Rey steady at
485 to 14 ; Port Philip, 14 to 1.
Miscellaneous securities are without feature, busi-
-4eBa being merely nominal. Anglo-American Tele-
Rraph is 4 better, at 22 to 224 ; Anglo-American
11,,,elegrph steady, at 5 1.16 to 5 3-16 Xl44s
,warehouse, 2 to 15 dis.; Hudson's Bay, to 145
Insurance,
General Omnibus, 14 to 2 ; Ocean Marine
40surance, 14s to 15s prem.; Thames and Mersey,
44 to 45 ; Universal Marine, 4 dis. to par.
The new issue of Metropolitan District Debenture
Stock is quoted firm at 1 to 11 prem.
The Foreign and Colonial Trust Certificates are firm
at 1 to 14 per cent. prem.
Fifteen per cent. is duo to-day on the Egyptian
Loan of £2,009,200.
Sovereigns amounting to £46,000 were sent into
the Bank on Saturday.
The adjourned meeting of the Metropolitan Railway
18 called for Wednesday next.
The sittings of the Parliamentary Railway Corn-
"ltteos commence to-day. -The first bills to come on
tor decision will be that for the amalgamation of the
Brighton and South-Eastern, and the Chatham and
Dover lines, and the abandonment of the bill for the
new Brighton line. The last-named will be vigo-
rously opposed on the part of the landowners of the
district through which the line was to be made, and
4180 by the local authorities of Brighton, who would
no doubt consider it to the advantage of their town if
half-a-dozen new lines were made.
The report of the directors of the Telegraph Con-
struction and Maintenance Company, issued in anti-
cipation of the meeting on the 31st inst., states that
the
profit and loss account shows a balance of .£28,069 ;
after realising a portion of the securities, estimating
the depreciation of those on hand at the market price
00 the 31st of December last, and deducting £17,000
,„1.4 the maintenance of the Malta and Alexandria
Telegraph, there remains a balance of .£46,970. Out
of. this sum the directors recommend the payment of a
d of 2:12 per cent., making, with the interim
dividend paid in June, 5 per cent. per annum tree of
Income tax. This will absorb £15,946, leaving £28,295
'0 be carried forward to the new account. The report
adds that several new cables have been laid, and the
'l.tlantic cable of 1866 has been twice repaired during
thllepritg year, circumstances which have an important
a, )
oil the practicability and economy with which
13ubmarine telegraphs can be maintained. A line is
expected to be opened in June next connecting Susa
1,4 Italy, with Modica, in Sicily, which will greatly
facilitate the transmission of despatches over the Malta
and Alexandria telegraph. The report adds that the
company have never been in negotiation for the con-
struction of cables in so many different parts of the
W_orld as at present. Mr. Fender has resigned the
h
airmanship, and has been succeeded by Sir Daniel
'°och, Bart., M.P.
the
The letters of allotment were issued on Saturday of
new issue of £lO shares to the extent of .E 1,000,000
tsterling, bearing a guaranteed interest of five per cent.
er annum of the ()tide and Rohilcund Railway. This
ew issue is intended for the further prosecution of the
ColllPany's undertakings. The deposit of £1 per
that's must be paid at the Bank of England on or
ise,f°re the 29th April, and interest accrues from the
'May. The calls on these shares cannot exceed £2
t',.er share, nor can they be made at intervals of less
an three months.
the
Gazette returns of specie for the week ending
18th inst. show that the imports amounted to
'012,867,c,',14,950, and the exports to £1.2,0,3, being
in favour of the stock held.

BRITISH FUNDS—CLOSING PRICES
~, GOVERNMENT FUNDS.
1r tient. Consols
a -0. Account, April 2 931
til3er Cent. Reduced 9ll 21
kwb. 8 per Cent 9ll 21 1*
•21 per Cent. Jan. 1894
4h-u• per Oen 1,..)an. 1873
-..„uttities, 80 yrs, expire sth Jan. 1880 - xd
DO. for 30 yrs, expire sth April 'lBB5 —
;',',,.° (Bed Sea Telegraph), Au,,., 1908 —
-""equer Bill; £l,OOO, 2 per Ct.
D 0 4500 ll 10 pm
11, , O. £lOO & £2OO ll 10 pm
-.011 Of England Stock, 41 per Cent Shut
°; Account
Iticr IThiart GOVERNMENT SECURITIES
.
bloit tock, 101 per Cent., April 1874
13 • Account -
)30°. 6 per Cent. July, 1880
b 4 per Cent., Oct. 1888
Do.
Certificates —
ii°. Enfaced Paper 4 per Cent B7l 1
tor' 6 per Cent., Jan. 1872
b''' ~1- per Cent., May 1879 —
° 0 per Cent., Rup. Deb., 1872
Do, do. 1877 —
b Do. do. 1882 —
`.. Deb., 5 per Cent., Aug. 1873
b°. Bonds, 5 per Cent., £l,OOO .. —
pm
0. under .Cl,OOO
4,, rOREIGN FUNDS—CLOSING PRICES.
Apt!tine Republic, 6 per Cent. —
11tti "au Bonds, 5 per Cent. 1859
tjoilian 5 per Cent
Ls' 41 per Cent., 1852
Los do 1858....• —
ii)• .'
_0.d0., 1840 —
bo do., 1863 —
Bb • 6 Per Cent., 1865
° Per
721
00 •
i, b,, „ Ayres 6 per Cent —
O
Per Cent. (Deferred 3 per Cent.)
o,ou 6 per Cent.
b„411„6 per Cent —
b„"' lf per Cent
b::: 6 per Cent., B ..
bol 1867
„ bi.:) 7„ Per ,Cent, 1866 9B
u 11, w.'
eicrip X 32 paid
Ranii:biau, 6 per Cent.
ititii',l; 8 per Cent., 1825
~ D 0 Dlarl Principalities, 7 per Cent —
,Nctib„," Per Cent, 1867 7O
.gp-„"„°r New Consolidated, 1 per Cent —
0,6'e1.13, 7 per Cent •••• ---
bo second Issue ...
b ' £5OO Bonds
°. 410 C Bonds —
bO,Do 1)0- 1864 • B7*
14. f.‘t)o° Bonds
• • .. 88
grtlej7o,rutnent Railway Debentures .... 90i f
b 07,1" Per Cent., 1824-5, ex Coups. —
bO, Account
..
I)Loupons
40,°,.• Account -
4, oialliala 5 per Cent .. —
Atali'llras Gov. Rail. Loan., 10p. Ct., .C 25 p
r,'"4 6 Per Ccrt 1865 — .., A ~
Zo `LCCOMIt . 73
Net.. 'Aremtnana Raiway —
biltta" 3 Per Cent —
Vor Account
kbo a''''). 1864 —
~-..00te- Der Cont. Anglo-French
u4(ooh. li,tlean C per Cent. —
.
4411184 itu rial 5 per Cent
bottoCairauar • -
. Per Con.
b Ferrante
0 tiv,
"‘4 (Hectares)