The Sun.
London, England, 1868-04-22 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

The stock markets aro less firm than they were this
time yesterday, but there is no average change as
compared with last night's unofficial close. There
continues to be some realizations of the Russian
Guaranteed Stocks, and both Orel-Vitebsk and
Nicolai are offered. Part of the rise in American
shires noticed yesterday has been lost, con-
sequent upon a reaction at New York. The
English Funds keep firm, being supported by the
scarcity of stock, and the diminished activity of the
money market. India Five per Cents. have further
improved, but as regards English railways there is
less tone upon speculative sales. Great Eastern have,
however, recovered 1 per cent, upon a statement that
the. Marquis of Salisbury does not contemplate re-
signing his seat.
The Discount Market continues to be only mode-
rately active as compared with last week, but as the
rate for the hest short-dated paper is 2 per cent., the
bulk of the business is taken to the Bank of England.
Should the present state of the market continue we
'hall probably see the outside rate yield a little.
The Liverpool cotton market is quiet at previous
prices.
The corn market is firm at Monday's rates.
The English Funds are steady at yesterday's close.
Consols are inquired for at 934' to 94, for money and
account ; New and Reduced Three per Cents., 92
to 921.
; India 5 per Cents. firm at 114:1 to 11t/ ;
Dank Stock, 243 to 245 ; Exchequer Bills, 15s to
20s prem.
Foreign Government securities are steady, but with-
out particular variation in prices. Greek are
good at 12/ to 1, and Spanish are firm at
nti to 3543. Turkish (1865) have declined
344 to• Of Egyptian the Viceroy's
Seven per Cents. are f better at 701 to 71/. The
Nine per Cents. keep firm at 881 to 89k,
and the 1864 loan is 81 to 82. Mexican
Bonds show no change at 15/ to 151 ; Italian (1861),
48a to
Of foreign Government guaranteed railways, Nicolai
shares are dull at 65k to 66k ; Orel-Vitebsk are
steady at 781 to 79 ; and Egyptian Debentures,
891- to 94
The Spanish Colonial Eight per Cent. Loan fully
Paid up is 90 to 90k, and the Scrip, 4 to 2/ dis.
The New Honduras Loan closed at par to 1 prem.
American securities continued firm. United States'
5-20 Bonds are k better, at 701 to 70g. Erie shares
steady, at 46 to 47 ; Illinois k higher, at 93 to 94.
Atlantic and Great Western Railway Debentures
nave declined at 29 to 31 ; and the Consolidated
Mortgage Bonds I-, at 34k to 35.
The chief movement in English Railways is a re-
covery of -k in Great Eastern, at 34 to 34/. The quota-
tions current are :—Lancashire and Yorkshire, 127 k to
1.281 ; Midland, 1071 to 1081 ; South Eastern, 74 to
74k ; London and North Western, 116 to 114; Great
Northern, 102 k to 103 k ; ditto A 94 to 992 ; Great
Western, 51 to 512 ; Brighton, 52 to '54 ; 11etro-
politan 112 to 1122 ; Caledonian, 73:1 to 74k ;
Sheffield, 431 to 44.1 ; and Chatham, 19 to 19k.
Foreign Railway Shares are firmer. Great Luxem-
aurg is better, at q. to 92 ex. div. Lombardo-
Venetian unaltered, at 142- to 14k,
Bank Shares are without feature, and not a single
movement is reported in prices. The following are the
quotations :—Agra (A) Shares, 4 to 10i ;
13 to 12 dis. ; Anglo-Austrian, 4 to 4k prem. ;
Chartered Mercantile, 28 to 29 ; Consolidated, 4g-
to 4g- ; Imperial, 1S to 19 ; Imperial Ottoinan, to
prem. ; London and County, 51 to 52 ; London and
gesttninster, 67 to 68 ; Oriental, 44- to 44 ;
London Joint Stock, 32 to 33 ; Union of London,
31i to 34.
In Foreign Mining Shares there is little doing.
St. John del Reys are quoted at 202 to 21k ; Port
1R to ; Chontales, 3to 31.
In Miscellaneous Shares business is dull. Atlantic
relegraph 8 per Cent, is flat, at 5k to 5, being a
declinetn„, of ; Anglo-American Telegraph quiet, at 23k
23g. ; Hudson's Bay, 14k to 14/ ; Fore-street
Trarehouse, 2to dis. ; London General Omnibus,
lk to 2k.
The sum of £53,000 in gold coin was withdrawn
wons the Bank yesterday for export, of which £47.000
ere sovereigns for Alexandria.
The Peruvian has arrived from Portland with
£21,000, in specie.
''
1-11 e steamers leaving New York yesterday for
arape took £50,000 in specie.
The particulars of the New Tasmanian Government
Loan were announced last evening. It is for the
small amount of £400,000, in 6 per Cent. Bonds, re-
payable between 1893 and 1897. Tenders will be
received by the Bank of New South Wales (by whom,
the Consolidated Bank, the Loan is introduced)
e
28th inst., and the allotment will be made to
tue highest biders, provided the prices offered are retot below the minimum fixed previously. Ten per
:leant' is payable on allotment, and the balance on June
This loan will bring the public debt of the colony
.£1,073,000, and the revenue in 1867 was
—4„°3726 3s nif,
A rithe report of the Standard Bank of British South
5,,, Africa for the half-year ending the 31st of December
a
vs a net profit of £13,004 Os 3d. The directors
recommend a dividend of lOs on the £25 shares and
beou those with £lO paid, which will leave £5OO to
ee
aPnlied to preliminary expenses account, £2,000 to
a
added to the reserve, and £1,213 3s 3d to be carried
forward.
tan.A- general meeting of the Trinidad Petroleum Com-
ni has been called for the 29th inst.
nhe ordinary general meeting of the London and
etath African Bank has been called for the 7th May,
receive the directors' report and to declare a
dividend.
c_The annual meeting of the Illinois Central Railroad
Thee?Pany will be held in Chicago on the 27th May.
directors of the Provincial Bank of Ireland
have called the yearly meeting for the 21st May for
the transaction of the ordinary business of the
company.
The London, Brighton, and South Coast Railway
traffic return shows this week an increase of £295
e
011ipared with the corresponding period of 1867 ; the
Aletropolitan an increase of £7ll ; and the Glasgow
and South Western an increase of £ll6.
The traffic receipts of the Atlantic and Great
Western Railway Company for the month of March
amounted to £76,244, showing a decrease of .£11,365.
The receipts of the Great Luxemburg Railway for
the week ending the 19th April, show an increase of
£1,236 2s ltd ; the Grand Trunk Railway for the
week ending the 4th inst., an increase of £2,848 ;
and the Buenos Ares Great Southern Railway for
the week ending the Ist of March, a decrease of
£1,426 5s Bd.
The following is Mr. Sam Mendel's weekly report
of the Manchester markets, dated April 21 :—" The
position of this market has not varied much during
past week. The demand shows no improve-
ment, yet there is no decided pressure to make sales.
strives are slightly weaker, yet, on the whole,
eadilY maintained, and only occasional re-sale lots,
offering on a much more restricted scale, can be
_get at any material recuiClion /rout spinners' and
manufacturers' prices."

.RITISII FUNDS—CLOSING PRICES.
3 pel9ortrt.xcNorEnxsTolls'UNDS.
934 4 i
3 o for Ditt Account
934
~.per Cent. Reduced 921 2 4 2 4
:,L..6w 3 per Cent
I)°-
New 21 per Cent. Jan. 1894
A 5 . per Cent. J an. 1873
nnuities, 80 yrs, expire sth Jan., 1880 —
€)°
Ex ;h (ILA Sea Televaph), Aug , 1908 —
bo.°quer Bills, £l,OOO, 2 per Ot l5 20 pm
Do. £5OO
Bank •
£lOO & £2OO — pm
4„of'o. Acc En
ount gland Stock, 41par Cent 2131 5
-
IN,, Ito. -Drill uOVERNMENT SECURITIES.
,` dock, 101 per Cent., April 1874
yjo. • • . D°:
Account
o • 5 per Cent. July, 1880
b°' 4 Per Cent.. Oct. 1888
,e. Certificates —
uo .
881 8
, • Lufaced Paper 4 per Cent
D° 5 per Cent. Jan. 1872
D° 4 er Cent., May 1879 lOBl
° per Cent., Rup. Deb. 1872
Do.
do. 1877 —
Do
r,; • n ~* do. 1882
• —OU., 5 per Cent., Aug. 1873
U 0
üßniodne,dre,£sll:oeor m
£l,000
£l,OOO
32 25 p
27 31 25 pm
Ar "%REIGN FUNDS—CLOSING PRICES.
.tkiil:elltine Republic, 6 per Cent
,triau Bonds, 5 per Cent. 1859
.urtyiliall 5 per Ceut 6l
3
1.),3) 44 per Cent., 1852 --
110,
• d0.,1858....• _
1810 —
110, do.,'
1:1_ , 1863 —
„". 5 per Cent., 1865
11.-° A-ceetint "
711
ro3 kyres 6 per Cent —
CLIC) 2 per Cent. (Deferre,d 3 per Cent )
~,, )', 6 per Cent.
%.; till'lß 6 per Cent —
Do 4,
i ''. P',r C,•iit
~\)o• 6 p,.q. Ceut , B --
.
'", 18(3
Do
D"*, 7 Per ,Cent., 1866 — I
.., Scrip £32 paid
/),:no.tribian, 6 per Cent.
4-,.
DoPrinei intie. 7ar Cent —
Do 8 . Cent., 1). 1867 I"
Pei
t(ttador New Consolidated, 1 poi. Ceui —
iyptiaD, 7 per Cent l2l 4
.20. N S 4
e,outt Issue
D, , • 000 Bonds
be,. 4106 Bonds —
Do.
1861
Do. .£5O 'Bonds 4 Do. £lOO Bonds 8
„.., 824
GreO,o,nnnlent Rail way Debentures.. ... 90 891
"K 0
-00. A c per Cent '
. 1824-5, ex Coups —
count
Do. Coupons .124
Do. Account
• • ~