The Sun.
London, England, 1868-01-30 00:00:00

MONEY MARKET

AND
COMMERCIAL INTALLIGENCE,

CITY, Two O'CLOCK.

According to Reuter's telegram from Paris to-
day the French Rentes were 68f. 50c. Continues
firm.

The announcement of the dividends on Metropo-
litan and Lancashire and Yorkshire stocks has had
a favourable effect on the railway market. Most of
the leading descriptions are quoted higher than yes-
terday, in some cases to the extent of 1 per cent., while
there is nearly a general scarcity of stock for delivery
at the final settlement of the account to-morrow.
In the Foreign Market the principal feature is a
further improvement in Peruvian. Other descrip-
tions arc somewhat weaker, though scarcely varied
in price. The Funds are stationary, but they con-
tinue firm in tone.

The rate for money continues at lf to 1 j per
cent, with very little demand and full supplies. No
va-iations can be reported in the rates for short
loans on the Stock Exchange.

Consols are firm, at yesterday's prices, at 93} to
931, for money and account; New and Reduced
Three per Cents., 93/ to 931. ; India Five per Cents ,
114 to 1121, being / lower ; Bank Stock, 246 to
248 ; Exchequer Bill, 235. to 275. prem.
Foreign Stocks were scarcely so firm at the close
yesterday, the considerable advance naturally in-
ducing realisations. Peruvian (1865) are very
firm, at 77/ to 77/ ; Mexican, at 15,1. to 16/ ;
Greek, 12k to 13 ; New Spanish, 36k to 36/ ; Tur-
kish, 34 to 31i ; Italian, 421 to 421; Brazilian
(1865), at 761 to 77f ; and Portuguese Scrip, 2}
to 21 prem.

Egyptian Nine per Cent. Bonds are quoted at
89f to 90f.

The New Honduras Loan is steady at f to 1
prem. ex coupon.

In American Securities United States 5-20 Bonds
are steady, at 718 to 721 ; Erie Railroad, 1 better,
at 481 to 49-; Illinois firm, at 86 to 88.
Atlantic and Great Western Railway Debentures
have risen 1, to 251 to 26/, and the Consolidated
Mortgage Bonds 1, to 25 to 26.
The Railway Market is generally firmer upon the
dividend of the Metropolitan and Lancashire and
Yorkshire, and the scarcity of stock for the settlement.
'There is an advance of 4 in Lancashire and York-
shire at 126 to 1261; of 1 in Midland, at 1054
to 1061 ;of in South Eastern, at 691 to 69 ;
of in Great Northern A, at 108/ to 109 ; and
in Metropolitan, at 117 to 117 f ; and of in
London and North Western, at 1174 to 1181, in
Great Eastern, at 31 to 311 ; in Great Western,
at 454 to 461 ; and in Chatham, at 18 to 181.
Sheffield are flat, at 431 to 441; and Brighton, 46
to 461.

The directors of the Anglo-Italian Mining Com-
pany have made a call of ss. per share, payable on
the 28th February.

Finance shares are dull and heavy. London and
Financial is lower, at 23 to 22 dis. International
Finance 2to 1 dis. Credit Foucier lower, at 3
to 34 per share.

In miscellaneous shares National Discount are
steady, at 11 to 11i. Hudson's Bay, 141 to 15.
Atlantic Telegraph Preference Shares are without
movement.

CflY, TWELVE O'CLOCK.

Including the withdrawal yesterday of £50,000 in
bar gold for the Continent, the total taken from the
Bank during the week is £99,000, and on the other
hand, £lO,OOO has been sent in.
Letters from Berlin state that a treaty of commerce
cetween France and Prussia was signed on Monday
last by Count Bismarck and M. Benedetti. Besides
a reduction in the import duties upon wines and
light cotton tissues, Prussia has made some conces-
sions in the duties on various articles of minor
importance.
_ _

the dividend of eke Metropolitan Railway is an-
nounced at the rate of 7 per cent. per annum, leaving
£6,998 lOs 9d to be carried forward.
The Lancashire and Yorkshire dividend is at the
rate of 6,i per cent. For the corresponding period of
the previous year it was 62 per cent.
A special general meeting of the Enfield Gas Com-
Pany has been convened for the 6th of February, for
the purpose of declaring a dividend.
The annual general mooting of the Lamle Improve-
ment Company has been called for the 13th February,
to receive the. directors' report and to declare a
dividend.

A dividend and bonus at the rate of 15 per cent.
Per annum has been declared by the Halifax Joint
Stock Banking Company.
The dividend recommended by the directors of the
tlectric and international Telegraph Company, to be
declared at the general meeting on Wednesday next,
IS 5 per cent for the last half-year, free of income-tax.
The directors of the British and Irish Magnetic
Telegrarh Company have resolved to pay a dividend
of 8 per cent, and carry forward £4,737 to the
reserve, which will then amount to £22,416.
The distribution of the British Land Company is
15 per cent., making 20 per cent, fur the year.
A dividend at the rate of 10 per cent. per annum
nas been agreed to by the London Rice Company.
The following is an extract from the report of the
Lion Brewery Company :

"In issuing their third report, the directors of the Lion
I3rewery Company (Limited) have the pleasure to state that,
notwithstanding the high prices of malt and hops, and other
adverse circumstances, they have, by a large increase of
sales, produced a result on the year's business which they
trust will be satisfactory to the shareholders. The
profit and loss account shows that, after deducting all
current expenses, depreciation on leaseholds, plant, &c.,
a proportion of legal and other expenses incident
to the formation of the company, and the interim dividend
Paid in July last, at the rate of 46 per cent. per annum
on the preference and ordinary shares, there remains a
balance of £10,176 7s 3d, which the directors advise
should be appropriated as under, viz.:-1. To pay divi-
dend (free of income-tax) for the half-year on the £6 per
cent, preference shares, £3,000 ; 2. To pay a dividend
(free of income tax) on the ordinary share capital for the
Past half-year, at the rate of £6 per cent. per annum,
.5,663 14s 4d ; total, 48,663 143 4d. This will leave a
balance of £1,512 12s 11d to be carried forward."
The Bonds of the Peruvian Government, amounting
to nearly 1:45Q,000, will be paid off on the Ist of
tiarch, at the offices of Mr. Lewis 11. Haslewood.
The following is from Messrs. E. F. Satterthwaite
and Company :

"The London Market for American Securities bas since
our last been remarkably steady, the extreme fluctuations
in United States 5 20's, of both issues dealt in here,
having been confined to one-half per cent. ; the closing
Prices, 71,4 to 721 for the 1862'5, and 70i to 711
for the 1865'5, show an improvement of only
an eighth per cent, since this day week. Erie Shares at
481 to 49 are unaltered, hut Illinois Central have advanced
$l, leaving off 861 to 861. The market for Atlantic and
Great Western securities has been characterised by a con-
tinued inquiry for the First and Second Mortgage Bonds of
the New York and Pennsylvania Divisions, which have im-
proved from seven to eight per cent., the First Mortgage
being last quoted 58 to 62, and the Second 56 to 60. In
Consolidated Bonds the reaction from the recent advance
noticed in our last, was cart ied down to 22, from which point,
ou renewed purchases, they have advanced, and close firm at
244 to 25."
The following are the current rates of continuation,
&'e., charged at the fortnightly settlement now in
progress

-
Cdedonian Railway 4. to back, closing 4to 4 back.
Qreat Eastern ... .... 1-32 to 332 contango, closing
1.16 to 4.
Ditto
northern to contango.
vitt° A, 1.16 to 3-16 do., closing to
• contango.
14eeds Stock ... to # back, closing Bto 4 back.
~
%Won and N. Western... even to 4 contango, closing even
to I
(Treat Western 1-16 to 3.16 do.
Midland 3.16 to 5-16 back, closing to
back.
... 4 to I back, closing 8 to 1 back.
... even tog contango.
... s back to 4- contango.
... even to I contango, closing 1.16
to 3-16.8 •
4reatWesternofCanada... 6d to 9d contango.
Brighton..,
Trunk of Canada... 74d to is 3d do.
"18btou... ... even to s contango.

eqopolitan
tiovera
erwick
ohetnelds.

BRITISH FUNDS —TWO OVLOCK.
8 GOVERNMENT FUNDS.
Per (Join. Consols
a 1)0. Account, Feb. 6 93i
Per Cont. Reduced -
N 3 per Cent 931 1 i
°r,- 21 per Cent. Jan. 1891 —
A —O. 5 per Cent. oan. 1873
4nuities 30 yrs, expire sth Jan., 1880 —
Po. for 130 yrs, expire sth April 1885 —
e' (Red Sea Tele&raph), AIL., V"—
‘elleqUer Bills, £l,OOO, 2 4.t 21- per Ct — pm
Do £5OO — pm
.4 Do. £lOO & £2OO - pm
ar,'llt of England Stock, 4+ per Cent 249
-uo. Account
1 INDIAN GOVERNMENT SECURITIES.
tlD,lioa.ui hockcounlt
D°• 0i per Cent., April 1874 215
' 5 per Cent. July, 1880
E°o.. Cer 4 rt.
Cent., Oct. 1888
fieates
Ro. Butane(' Paper 4 p©r Cent —
'0.5 per Cent., Jan. 1872