The Sun.
London, England, 1868-02-12 00:00:00

MONEY MARKET

AND

110MMEROIAL rNP:Z,I,TtTf;

CITY, Two O'CLOCK.

No material change has taken place in the Stock
Markets since the final close yesterday; and the
chief transactions of the morning are in connection
with the settlement that has now commenced.
There is no scarcity of Stock in the Railway De-
partment. Foreign Stocks, however, continue dull,
and in some cases they are again slightly lower.
The Funds are steady, but not in demand.
The Discount Market is unchanged. The best
commercial bills are taken at 11 per cent. The
terms for advances, at the present settlement on
the Stock Exchange, are at 1 per cent. on Govern-
ment Securities, and from 3 to 4 per cent. on other
securities. Money is abundant.
Consols are without change, and the dealings are
few and unimportant. For money and account they
are quoted at 931 to 931 ; New and Reduced Three
per Cents., 03,1_ to 93i ; India Five per. Cents., 1111
to 1121 ; Bank Stock, 248 to 250; Exchequer Bills,
20s. to 255. prem.

Colonial Government Securities are firmer. There
is an advance of in Canada Six per Cents., at
99 to 101, and in New South Wales, at 99 to
101 ; Mauritius Six per Cents. are 103 to 105 ;
New Z2aland Six per Cents., 108 to 110; and Vic-
toria, 110 to 111.

American Securities are firm. United States 5-20
Bonds are quoted at 71i to 71j, being an advance
of 1. Erie Railroad and Iliinois are i and better
respectively, the former being dealt in at 47i to 48i,
and the latter at 88 to 89.

Foreign Stocks are flat. There is a further relapse
of -I per cent. in Portuguese Scrip, at 1f to 1a prem.
on the continued agitation reported against the new
taxes which the last loan involved. The quotations
current are—Mexican, 151 to 16+ ; Greek, 121 to
13 ; New Spanish, 36 to 361 ; Italian (1861), 43}
to 431 ; Turkish (1865), 32} to 321 ; Egyptian
(1864), 91 to 92 ; Egyptian Railway Debentures,
92fto 931; The 7 per Cent. Viceroy's, 76k to 77 ;
and Russian (1866), 89 to 90.

The Railway Market is given up to the settle-
ment. Metropolitan are scarce, and the backward-
ation is 4 per cent., and on Midland, / ; South-
Eastern are scarce, and there is a contango of /, as
compared with last night. London and South-West-
ern are 87 to 89, and 1 better ; and Brighton, at
46 to 464, ; North British have fallen 4, at
341 to 35/ ; Sheffield, at 42/ to 43/ ; Great
Northern, A, at 1094 to 1101 ; and Midland, at
106 to 1064, each ; and Lancashire and York.
shire, at 1264 to 1261, 4 each ; South Eastern, 714
to 72 ; London and North Western, 118 to 1184 ;
Great Northern, 1081 to 1091 ; Great Eastern, 294
to 30/ ; Great Western, 46/ to 464 ; Metropolitan,
1091 to 1094 ; Caledonian, 761, to 77 ; and Chat-
ham, 185 to 19.

The changes in Bank shares are confined to an
advance of ± in Imperial, at 171 to 18, and in
Imperial Ottoman at to dis. Agra (A) are
steady, at 11 to 11i ; Anglo-Austrian, 3± to 31
prem. ; Chartered Mercantile, 28 to 29 ; Consoli-
dated, ±to prem. ; London and County, 52 to
54 ; London and Westminster, 67i to 681 ; Orien-
tal, 42 to 43 ; London Joint Stock, 331 to 34} ;
and Union of London, 33i to 341 ex. div.

Credit and Finance Shares are quoted as, follows :
National Discount, 11 to 111 ; London Financial,
23k- to 22} dis. ; International Finance, 28 to
dis. ex div ; General Credit, 21 to 21 dis. ; and
Credit Foncier, 3 to 3/.
In Foreign Mining Shares little or nothing is
doing. St. John del Rey Mine remains at 21 to
23; Port Phillip Mining, 1f to 1}; Chontales,
dis. to prem.
Miscellaneous shares are neglected, and prices
generally are without material change. Anglo-
American Telegraph are quoted at 198 to 191 ex
div• ; Atlantic Telegraph 8 per Cent., stosi ;
Pore-street Warehouses, 1 to I dis.; Hudson's Bay,
141 to 14i ; London General Omnibus, le 2 ; Ocean
Marine Insurance, 14i to 158 ; Thames and Mersey
Insurance, 21 to 28 pm.
The traffic receipts of the Grand Trunk Railway
Company of Canada for the week ending January
25, show an increase of £2,719, as compared with
the corresponding week of last year.

The shareholders in the Imperial Austrian Gas
Company have resolved to wind up, and liquida-
tors hive been appointed.

CflY, TWELVE O'CLOCK.

The Star of Peace has arrived from Melbourne w th
413,000 in Australian gold, and the Halley from the
iltver Plate with £50,000.
Bar gold to the value of £57,000 was withdrawn
from the Bank yesterday, and 23,000 sovereigns wet)
received from South America.
The Pera takes to-day £17,541 in specie, of which
f 13,200 in silver is for Shanghai ; £lO5 in silver
',°r Hong Kong ; £3,500 in gold for Gate, and £736
for Madras.
The Birmingham Banking Company announce a
dividend at the rate of 5 per cent. per annum.
*Birmingham advices report the failure of Mr.
4avene, German merchant, of that town, for about
£7,000, with assets equal to 15s in the pound.
meeting of the shareholders in the Mariquita and
New Granada Mining Company was held yesterday,
the
the proposal was confirmed of the directors of
'no Mariquita Mining Company to pay £7,000 in full
discharge of the claims of the former undertaking.
There is to be an International Maritime Exhibition
at Havre from the Ist of June to the 31st of October.
It will be divided into five departments, and com-
Prise forty-three classes, among which there is to be
4110wn all the appliances of navigation and of fishery,
48 practised by civilized countries. Among the general
4riosities there is to be a model upon a large scale of
rind's Cave, with specimens of the maritime plants
f °and in all latitudes.
The general meeting of the shareholders in the
‘jr6dit Mobilier of France was to have been held on
the 20th inst., but it has been postponed, sine die, in
onsequence of a sufficient number of shares not
Ovil
ng been lodged to render the proceedings legal.
I;'°anwhile, the balance sheet up to the 31st January
„aa been issued. It shows that at that date the en-
dorsements of the society were out to the amount of
-t882,000, and that compared with the previous
konth of December there was an increase in the
amount of rentes held by the society of £90,000, and
11 £BO,OOO in advances to companies. On the other
band the revenue has fallen off £160,000, £90,000
In bills to receive, £20,000 in debts on current
Tcounts, £240,000 in deposit accounts. AssUffiing
that the estimate of bills and assets is good, the
society appears to have at its credit a balance of
£480,000.
The traffic receipts of the Metropolitax Railway
for the week ending the 9th inst. amounted to
£4)585 4s 10d, being an increase of £4lO 19s id.
Mr. Somerset Beaumont is likely to be the new
qire,ctor of the .North Eastern Railway Company.
Mr following is from the Weekly Circular of
„"tr:; S. Mendel, dated Manchester, Feb. 11
he activity and advanced prices in the Cotton
show
have served to stimulate the demand. Prices
but
a very considerable advance within few weeks,
h:t the improvement is difficult to realise, and we
an.," olily a moderate extent of business, with a firmer
fto4, apparently still npward course ; but, so far, the
advance is in some degree nominal."

BRITISH FUNDS—CLOSING PRICES.
6 thVERNMENT FUNDS.
DVein. Console
8 • Account, March 5 93;
,Per Cent. Reduced 93f 1 1
gevr 8 lie
2 per Cent 93} 11 I
,3, 1 per Cent. Jan. 1894 76
.
A o• per Cen,. ir a,n. 1873 —
Dolli 80 vrs, expire sth Jan. 1880 -
1, for 30 yrs, expire sth April 1885 —
E
„`',,? ("Red Sea Televaph), Au ~, 1908 —
h-oquer Bills, £l,OOO, 2 & 2rper Ct — pm
Do
.£5OO 2O pm
Ili , Do. £lOO & £2OO — Pin
ilif of England Stock, 4} per Cent 250
.. Account
I.IO.INbrAN GOVERNMENT SECURITIES.
15
T,'lan Stock 10i per Cent., AprillB74 217
."(i. Account' -
1:),, -
Do. 5 Per Cent. July, 1880
13 ' 4 Per Cent., Oct. 1888
hn. Certificates
ii
ii_. Enlaced Paper 4 per Cent —
b`io• 5 per Cent., Jan. 1872
bo 5,,i per Cent., May 1879 lOBl
° Per Cent , Rup. Deb., 1872 —
Do, • do. 1877 —
,
bo
Do • do. 1882 —
Deb., 5 per Cent., Aug. 1873
* under £l,000
111. t„iati 5 rOREIGN FUNDS—CLOSING PRICES.
t per Cent —
~' 4} Per Cent., 185'1 —
L°,4-° do., 1878 —
do., 1880
,01)0. do. 1863 —
". 5
)1., . Per Cent., 1865
Buy
Ayres 6 per Cent
4'9-2 Per Cent. (Doferrod 8 per Vent.)