The Sun.
London, England, 1868-04-03 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Bank return, which is made up to the Ist inst.,
shows some considerable changes, but they are such
as are chiefly incidental to the close of the quarter.
The payment of salaries has diminished the amount
of public securities and also of the Bank's rest ;
whilst there is an increase in the private securities,
counterbalanced by an increase in the private deposits.
The Reserve by these changes has fallen, and the
circulation enlarged ; while the bullion shows a fall-
ing off. The next two returns will exhibit analogous
features, owing to dividend and other payments.
The following are the principal changes since last
week :

Increase in Circulation £1,356,690
Decrease in Public Deposits
Increase in other Deposits... 789,454
Decrease in Government Securities
Increase in other Securities .. 658,580
Decrease in Rest
Decrease in Bullion —.••• 333,971
Increase in Reserve
Bullion in both Departments ...... 21,104,112
Reserve of Notes and Coin 11,936,307
Circulation, including Bank Post Bills 24,691,555
The following is the return of Paid Clearing for the
week ending Wednesday, April Ist, as certified l
Mr. George Derbyshire, the chief inspector.
March 26, Thursday
March 27, Friday
March 28, Saturday 11,077,000
March 30, Monday
March 31, Tuesday
April 1, Wednesday .... 10,614,000

Total £72,662,000
This aggregate does not appear to have been ma-
terially affected by the end of the quarter, from which
it may be inferred that trade remains nearly sta-
tionary. The settlements on the Stock Exchange on
Tuesday indicates rather a large business there.
The discount market is moderately active at 14 to
2 per cent.
Consols are flat at 923 to 93 for money, and 93 to
933 for account • New and Reduced Three per Cents.,
914 to 91/ ; India 5 per Cents., 113/ to 114* ; Ex-
chequer Bills, 7s to 12s prem.
A low animated tone pervades the foreign stock
market, but it is still very firm. The rise of 2 per
cent. yesterday in Brazilian (1865) bonds upon the
news of the progress of the war, has been followed by
a further rise of per cent., the present price being
75 to 755. There it also a fresh advance of 4 per
cent. in Egyptian Railway Debentures at 895 to 90 ;
of in Orel-Vitebsk at 81 to 815 ; of
in Greek, at 125 to 13 ;_ and of 4 in Mexican at 15i
to Kt. The Viceroy's Nine per Cents. are * lower
at 884 to 89, and of k in Italian (1861) at 49} to 495.
New. .panish are 353 to 363 ; Turkish (1865), 34* to
341 ; Egyptian (1864), 81 to 82 ; and the Viceroy's
Seven per Cents., 725 to 73.
American Securities are firm. United States Five-
Twenty Bonds are I better, at 724 to 72g. Erie shares
end Illinois are each 5 higher, at 49 to 495 and 90 to
91 respectively.
Colonial Government Securities are steady at
previous prices. Canada 6 per Cent. is quoted at
100 to 101 ; ditto 5 per cent., 865 to 874 • Mauri-
tius 6 per cent., 104 to 106 ; New south Wales 5 per
cent., 99 to 101 ; New Zealand 6 per cent., 1045 to
1055 ; Queensland 6 per cent., 1105 to 1114.
Spanish Colonial Eight per Cent. Loan is firm at
to 15 prem.
The new Honduras Loan is par to 1 prem.
Atlantic and Great Western Railway Debentures
have receded to 265 to 275 ; but the Consolidated
Mortgage Bonds have further improved ±, to 301
to 31i.
English railways shares are generally firm, and
prices in most of the principal lines show a slight
advance. Caledonian, • Great Northern, Manches-
ter, Sheffield, and Lincolnshire, and London,
Brighton, and South Coast are each 4 better ; and
Lancashire and Yorkshire, and South Eastern,
,each. On the other hand, North British is
Lower ; and Great Eastern, 4. The following
are the quotations :—Lancashire and Yorkshire, 1265
to 126. Midland, 1041 to 105/ ; South Eastern, 72
to 734. London and North Western, 114 to 1145 ;
Great Northern, 10211 to 103 ; ditto (A. stock), 97 to
975 ; Great Eastern, 335 to 34 ; Great Western, 494
to 491 ; London Brighton and South Coast, 50 to
505 ; Manchester, Sheffield, and Lincolnshire, 435 to
444 ; Metropolitan, 1124 to 113 ; Caledonian, 72 to
72i ; North British, 335 to 34.
The traffic receipts of the Great Central of Belgium
Railway for the fourteen days ending March 17 show
an increase of £2,561 as compared with the cones-
roonding period of last year.
Bank Shares are steady, the only movement being
a further advance of l in Imperial Ottoman, which
is now quoted at Z- to 15 prem. ; Alliance, 13 to 12
; (A. Shares) 10 to 105 ; Anglo-Austrian,
4 to 44 prem. ; Chartered Mercantile, 285 to 295 ;
Consolidated, 4 to 4 ; Imperial, 17 to 174 ; London
and County, 51 to 52 ; London and Westminster,
3067
to
to 68 ; Oriental, 42 to 43 ; Union of London,
31 ; London Joint. Stock, 31 to 32.
In Foreign Mining Shares St. John del Rey is
firm at 23 to 25 ; Port Philip, 1/ to 15 ; Chontales
1 to dis.
Miscellaneous Securities are without change, except
Hudson's Bay, which is 3 better, at 141 to 144 ;
Anglo-American Telegraph, 22eto 221 ; Atlantic
Telegraph 8 per Cents., 5,1; to 54 • Fore-street Ware-
house, 2/ to 24 ; London General Omnibus, 1/ to 2
The partnership lately subsisting between Messrs.
Vickers and Harrington, advertising agents, has been
dissolved, and the business will be carried on in
future by Mr. James William Vickers.
The sum of £4,000 in United States gold coin was
withdrawn from the Bank yesterday.
The Oneida, from Brazil, has arrived at Lisbon, en
route for this country, with £18,824 in specie.
The bar silver by the Douro was sold yesterday at
Ss o,id per ounce, and the Mexican dollars, for refin-
ing purposes, at 43 110, being in each case an ad-
vance of id.
The first ordinary general meeting of the Staverton
Cloth Company will be held on the 15th inst, when a
dividend will be declared.
The annual meeting of the proprietors of the Me.
.ropolitan Life Assurance Society has been convened
for the 14th inst.
A call of £2 lOs per share has been made by the
liquidators of the West London Wharves and Ware-
houses Company, payable on the 27th inst. The
liquidators have at the same time issued a long report,
showing the result of their labours from the date of
their appointment, and the object of making the present
call. They also state that there is no reason to believe
that the unsecured creditors can receive any dividend
for a considerable period, otherwise than by moneys
raised from calls.
The half-yearly meeting of the Cape Railway has
neen called for the 24th inst., for the transaction of
the ordinary general business of the company.
It is affirmed in Paris that the directors of the
Credit Foncier of France have determined to double
their capital, and that the transactions will anticipate
the French loan in the money market.
The report of the Illinois Central Railroad Company
am been issued. The net earnings for the year 1867,
after deducting Government tax amounted to
£496,113, against £435,189 in 1866. This increase
is attributed to local causes, and it is expected to
continue. The outlays on account have been limited
to the growing wants of business.
A meeting of the shareholders of the European
Bank is called for the 9th inst., to receive a report of
the liquidation, and to consider the proposal made to
the creditors last week, and which, we presume, has
been accepted by them, to receive a further instal-
ment of is 6d in the pound now, and to receive pro-
missory notes for the remaining 10s, payable in six,
twelve, and eighteen months.
The allotment of the United Kingdom Electric
Telegraph Company's new issue of £60,000 in Six per
Cent. Debentures has been made, the applications for
!hethe same exceeding considerably the amount whit/
oornnanv had to allot

BRITISIRFUN DS —CLOSING PRICES
00111111NMENT FUNDS.
0 per ()exit. Consols
8
Do. Account, May 5 93
per Cent. Reduced
911
New 3 per Cent 9ll 1
Near2l, per Cent. Jan. 1894 _
-1)°. per Cont.. oan. 1873 —
Annuities, 80 yrs, expire sth Jan., 188 P D—
°
o. for 30 yrs, expire sth April 1885_ 12i
(Red Sea Televaph), AuA, 1908—
zchoquer Bills, £l,OOO, 2 per Ct. —
Do £5OO l2 pm
£lOO & 200 _
b
Bialzfia nit.o4f
eEctiogulnatud Stock, 4/ per Cent Shut
AN.
GOTERNmENT SECURITIES.
Do tock, 104 per Cent., April 1874
. Account
Do. 5 par Cent. July, 1880 ll4
Ro• 4 per Cent., Oct. 1888
uo. Certificates —
Do. Enfaced Paper 4 por Cout — Do. 5 per Cent., Jan. 1872
Do. 54 per Cent., May 1879 lOB/
Do 5 per Cont., Rup. Deb., 1872 —
Do. do. 1877 —
Do. do., 1882
Do. Bonds
Do. Deb., 5 per Cent Aug. 1873
5 -
per Cent., £l,OOO
Do. under £I,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent ...._
Au3trian Bonds, 5 per Cent. 1859
Brazilian 5 per Cent 6B
'
Do. 4i. per Cent., 1852 —
Do. do., 1858 —
Do.
i 0 —
Do do
. o:, 18
1863
Do. 5 per Cent., 1865
DC' Aoo9llllt ~,,,, isms. 000000000 MIIIIIIII/11 74i 5 41