The Sun.
London, England, 1868-08-19 00:00:00

MONE-Y-MARNET

AND
OOMMEROIAL INTELLIONNCE,

CITY, Two o'CLocK.
There has seldom been a more stagnant time for
business on the Stock Exchange than the present. It
is the universal complaint ; and from this cause, even
snore than from the season, the attendance is still
falling off, whilst the public abstain from all transac-
tions in the way of investment. The funds at the best
are 'only stationary ; but several foreign stocks are
quoted at a nominal improvement. Railways remain
at the final quotations of last night ; but they are for
the most part weak, with more disposition in a languid
market to sell than to buy.
There is a fair demand for money at 1i to 2 per
cent. for the best bills, but without inducing any
pressure. The payment is being made to-day upon
the new stock of the East India Railway Company
amounting to £1,000,000. It is issued at 6: prem.,
consinuentiy the actual amount to be provided is
£1,067,500. A large portion, however, was paid
yesterday.
The Corn Market this morning is dull; but prices
are the same as on Monday.
Consols are steady at last night's close, at 93 to
94 for money, and 94 to 91k for account. New
and Reduced Three per Cents., 91 to 94k ; India
rive per Cents., 1141 to 115 ; Bank Stock, 243 to
246 ; Exchequer Bills, 15s to 20s prem.
In the Foreign Market, the chief improvement is in
Egyptian Stock of 1862, which is 5 higher, at 825 to
831 ; but Spanish and Greek appear to be firmer in
tone. Turkish 5 per Cents. of 1865 is lower, at 381
to 39 ; and Italian is lower, at 521 to 521.
em to 785 ; Peruvian, 794 to 80 ; Danubian 6
Per Cents., 74 to 76 ; Portuguese, 38 to 385 ; Egyp-
tian Viceroy Loan, 735 to 74.
Business in English Railway Shares is quite at a
standstill, and, with two exceptions, prices aro
stationary. Manchester, Sheffield, and Lincolnshire
ia higher, at 43 to 431 ; while Great Western is f
lower, at 48 to 481. Lancashire and Yorkshire, 1291
to 130 ; Midland, 1064 to 107 ; South Eastern, 75i
to 75/ ; Great Northern, 1055 to 1065 ; ditto
(A), 1025 to 103 ; Great Eastern, 375 to 37/ ;
London and North Western, 1165 to 117 ; London
and South Western, 89 to 91 ; Caledonian, 755 to
76; London, Chatham, and Dover, 195 to 20.
In American Securities, United States 5-20 Bonds
are f better, at 715 to 712 ; Erie Shares are 11
lower, at 314 to 321 ; and Illinois f, at 90 to 91.
Bank Shares are steady, and business continues
very quiet. The following are the prices :—Agra (A)
115 to 12 ; Alliance, 11 to 10 dis. ; Anglo-Austrian,
61 to 74- prem. ; Chartered Mercantile, 28 to 29 ;
Consolidated, 4 to 45- ; Imperial, 17 to 18 ; Impe-
rial Ottoman, rto 1 prem.; London and County, 50
to 51 ex div.; Landon and Westminster, 67 to 68
ditto New, 44 to 45 ; Oriental, 44 to 45 ; London
Joint-Stock, 32 to 33.
Foreign Mining Shares are dull. St. John
del Rey is quoted at 195 to 205 ; Port Philip, 15
to 11; Chontales, 1 to 2 ; Rossa Grande, f
to # prem.
In Finance Shares operations are suspended and
Prices are stationary. Credit Foncier is marked at 25
,to 3 ; General Credit, 2* to 2 dis.; International
Finance, 1i to Iti dis.; London Finance, 23 to
22 dis.
Colonial Government Bonds are in moderate request,
but prices are unaltered. The following are the
current quotations :—Canada Six per Cent., 103 to
'
105 . do. Five per Cent., 91 to 93 ; Mauritius SixP
Per Cent., 103 to 105; New South Wales Five per
etit., 99 to 101 ; New Zealand Six per Cent., 110
A
112 ; Queensland Six per Cent., 105 to 106 ;
Victoria 6 per Cent., 113 to 115. .
A Miscellaneous Securities continue without change.
4nglo-AmericanTelegraph is quoted at 215 to 21g ;
Atlantic Telegraph Eight per Cent., 3 15-16 to 4
,1-16 ' Hudson's Bay, 15k to 155 ; London General
vranitus, 1/ to 2.
~, The traffic receipts of the Oude and Rohilcund
:s,ailway for the week ending July 5, were £426.
ror the corresponding week of last year they were
£314.
A dividend at the rate of 10 per cent. per annum
liar been declared for the past half year, free of
!it,loome-tax, by the directors of the Metropolitan
•"ailway Carriage and Waggon Company.
£35,000 in bar gold were sent into tne Bank yes-
t;eTdaY; and in the present state of the Continental
xenanges further amounts will be sent in. The
.tc250,000 brought from New York by the City of
London steamer will be sent in as soon as delivered.
:the Australian gold now at sea amounts to £782,000,
a large portion of which is now due. It is not ha-
Probable, therefore, that in the course of the next
month the stock held by the Bank may be increased
X 1,000,000.
The Foreign Exchanges yesterday were very firm.
Bonds representing £140,500 of the Egyptian
Uovernment Loan of 1864 have been drawn to be
Paid off at par on the Ist October next. They were
495 in number, of which 355 were for £lOO each, 70
for £5OO each, and 70 for £l,OOO each.
As the Stock Exchange is about to undergo some
temporary repairs, and business is quite inactive, a
memorial has been presented to close the establish-
Merit next Saturday.
Messrs. Baring Brothers and Co. have received
two States
remittances of $1,000,000 each from the United
on account of the payments to Russia for the
tu
rehase of the Alaska territory.
The report of the Don Pedro North Del Rey Gold
of £e,652
Company shows a profit for the month of June
-,t,e,652 3s 6d ; and that of the Anglo-Brazilian
001 d Company a profit of £4B 3s 3d.
The report of the directors of the Berlin Water-
work,.
4 uompany was adopted at the half-yearly meet-
clY, yesterday ; and a dividend was declarel for the
of monthsat the rate of 9 per cent. per annum, free
ft, income tax--a balance of £1,692 being carried
urward.
The subscription list of the French Atlantic Tele-
Rralk Co
,nipany will be closed to-morrow, Thursday,
1 'unr o clock. The shares are quoted to-day at /to
Prem. The progress made is very satisfactory.
directors of the London General Omnibus Cora-
Ftl have issued their report for the past half year.
di bows a profit of £7,058, and a total available for
end of .£8,294 18s ld. It is proposed to declare
4 eiv•
; idend of s
.3 per share, free of income tax, which
equal to 25 per cent. per annum. This will absorb
ri,°2) and the balance will be carried forward.
I:lair traffic receipts of the Great Luxembourg
oio_waY Company for the week ending August 16
eorrwesan increase of £2,497 as compared with the
Itaih Pcmclin,,e. period of 1867 ; and the Grand Trunk
an IV of Casada for the week ending August 1
,!nerease of £477.
8.:.j0n.1 information received from the Anglo-Austrian
ttilialin Vienna, dated the 14th inst., it appears the
the il.ts of shares subscribed for the 50,000 shares in
e-utillarian North-Eastern line was 554,772.
tzt4r,h subscriber will therefore only obtain the 15th
4.7 f the number applied for.
Milliitecihe meeting of Frederick Braby and Co.
undo; ) yesterday, the report of the directors was
,)e'lllcwsly adopted, and a dividend at the rate of
Ivas' cent. declared. The position of the company
temnated to be excellent, and the revival of trade
tetirl still further to improve its position. The
Ti!joeg directrs we rted
holdeors of he Austrian Five per Cent.
vers. g Loan have issued a protest against the con-
eent'(l,4 ordained into stock of the uniform 5 per
1 per`tobt, as well as against the suppression of the
the I.,_Cent. sinking fund, to which the holders of
1,4'`,)._44 are entitled under the terms of the loan.
detelsposition of the 16 per cent. tax on the divi-
the
,protested against also, but it is possible that
paytilna, holders would not refuse their assent to the
of theTou of a tax provided that the graver infractions
The ttrut made with them in 1859 be omitted.
theste„, following is an extract relating to the Man-
Yeqer'd.,Lrade from Mr. Sam Menders circular, dated
riallyThe position of this market has mate-
nearer
r.l9roved since the last few days ; prices are
epeNtio".," round, but the full advance serves to limit
ciniete, `f!'; and we close with a steady but ratter
The eeling."
end. traffic return of the Metropolitan for the week
Xit 4;17,411,1115t 16 shows a receipt of £4,630 against
i4eurealsoetohfe.;)rzponding week of last year, being

, 13RITISII FUNDS—CLOSING PRICES.
3 `I°VtRNNIEXT FUNDS.
1;9?' 4
uit to fo Cent. Consols 93i 4
or Account, Sept. 8
11./511-,(-104 t. Reduced
)3' 21 Per Cent. Jan. 1894
.. 75-
41,-,°,5 Per Cent. ) an. 1873
.00' fQr 30 yrs, expire sth April 1885 tk,° (Red Sea Televaph), Aug., 1908 — d
tn.
r,''oquer sills, £l,OOO, 2 per Ct — P
Ii
1., Do. .£5OO
~
...> ~
of
£lOO & .C200
04
u 0 "
A c England Stock, 4 per Cent
~
. count
41(11 4 per Cent. Bonds
itifi.;,,l4-71 ;30V1iliNNIE3T SECURITIR4
47)."1,-.loi per Cent., April 1874 ... 216
}
Lo, opening, for Account
114 i 15
Do, 5 per Una. July, 1880
104 f
' I Po- C- t Oct.lBBB
~
,orttfleates
it-p. li/4f/teed Pape, 4 per Cent —
o. per C • ,Jan. ent 1872
Do, ,_
110-1
u
D_
~?1 per Cent., Itty 18/9
Doa per Cent., Rup. Deb. 1872 —
do. 1877 _
I), 1);1°' do. 188''
• -81)., 5 per Cent Aug 1873
121,,0 Bonds, 4 per Cent.,'! £l,OOO.
'Jo. Un(ler ..Cl,oou
pm A FOREIGN FUNDS—CLOSING PRICES.
r .• •
A t.entine Republic, 6 per Cent
-4141trittn. Ikuts, 5 per Vent, 1859