The Sun.
London, England, 1868-12-14 00:00:00

MONEY MAREET

AND
CO ABIERCIAL INTELLIGENCR

CITY, Two o'CLocK.

Business to-day seemed to turn better as there
appeared a desire to make purchases, more particu-
larly in foreign stocks ; but with respect to Con-
sols the demand was quiet, but prices were main-
tained. We have to notice an improvement in
Metropolitan Railway shares to the extent of 3,
and Great Easterns must be quoted 1 higher. The
demand for money is but limited, and the rate in
the open market is 24 to 3.
Consols are 923 s 4 for money; Three per Cent.
Reduced, 921 4 4 ; New 'Three per Cents, 924 1.
India Stock, 104 per Cent., April, 1874, shut ;
ditto, 5 per Cent., July, 1880, 1114 ; ditto, 4 per
Cent., Oct., 1888. 1023.
In the Foreign Market prices are firmer, New
Spanish Three per Cents. having recovered 1, to
324 32/ ; Peruvian Five per Cents. 1, to 811 814 ;
and Turkish and Italian Five per Cents. are
better, at 394 391 and 561 564 respectively ;
Mexican Bonds remain at 154 15/ ; Greek at 12
123 ; and New Egyptian Seven per Cents. of 1868
at 74 741.
The price of the Honduras Loan is 894 914.
The Italian Tobacco Loan has dropped to 3, 34
prem. ; and the new Russian Railway Loan is firm
at 3 dis., par.
In Railway Shares Great Easterns are 4 better,
Great Northern, A 4 ; Metropolitan, 3 ; ditto
Extension, 2 ; Caledonian, 1 ; Great Western, 4 ;
Great Northern Original 4, Midland 1, Shef-
field 3, Brighton 3, all better. The quotations
are ; Caledonian, 74 to I ; Great Western, 484 to
9 ; Great Eastern, 414 to 41/ ; Great Northern,
106 to 7 ; ditto A, 108 to 4 ; Lancashire, 128 to 4 ;
Metropolitan, 1014 2 ; ditto Extension, 98, 100 ;
Midland 112 4 ; Sheffield, 473 3 ; Brighton, 484 ;
North British 32 4 ; North Western, 112 4 ; North
Eastern (Berwick), 994 100; South Eastern, 794 ;
Chatham and Dover, 164 17.
American Five-Twenty-Bonds are stationary at
744 744 ; the Bonds of 1855, 721 724 ; and the
10-40 Bonds, 71 714.
Errie Shares stand at 274 28 ; and Illinois Cen-
tral Stock, at 96 964.
The steamer Ripon, on Saturday, took £170,196
in specie for the East. The particulars are as fol-
low, TiZ :—For Bombay, gold, £45,514 ; ditto,
silver, £33,000 ; Galle, gold, £6,557 ; Madras,
gold, £.10,070 ; Calcutta, gold, £3,000 ; ditto, sil-
ver, £24,8000 ; Singapore, silver, £19,500 ; Hong
gong, silver, £25,755 ; and Shanghae, silver,
£2,000.
The sixteenth annual meeting of the shareholders
of the Conservative Land Society will take place at
their offices on Tuesday next (to-morrow), the 15th
instant, at two p.m. precisely—Viscount Ranelagh
in the chair.

A call of 15 is to be paid on the shares of the
Indo-European Telegraph Company (Limited) by
the 14th January.
A general meeting of the Para Gas Company
(Limited) is convened for the 19th inst., when a
dividend is to be declared.
The Societe Generale de l'Empire Ottoman have
given notice that the coupon of six per cent. for
the year 1868, upon the £8 per share paid, and
amounting to 52,5600 P., will be paid on the 2d of
January.

A meeting has been held of the creditors of
Messrs Joseph Dixon and Son, of Preston. The
unsecured liabilities were estimated at £20,000,
and secured debts at £lO,OOO. An assignment was
Made for the benefit of the creditors.

The East London Railway Company are pre-
Pared to receive subscriptions for debentures under
the Power given to the company by its Act of in-
corporation to borrow £466,666 against its share
capital of £1,400,000, the whole of which has been
14sued and registered, and of which more than
1.,000,000 has been paid up. The debentures will
be issued at par for a term of two years, and will
bear interest from the date of issue at 6 per cent.
Per annum, payable half-yearly, and will be trans-
ferable by endorsement without stamp.
The directors of the Great Western and Brent-
ford Railway Company are prepared to accept loans
upon debenture bonds, bearing interest at 4i per
cent, per annum, for periods of three, fire, or seven
Years, to replace other debentures falling due.
The directors of the Metropolitan and St. John's-
wood are prepared to receive tenders for loans on
debenture, bearing interest at 5 per cent. per annum,
to meet bonds falling due.
The swindlers who wrote to parties on the Con-
tinent professing to have received valuable parcels
or documents from Australia to California, which
they will forward on a remittance being sent to them
to cover expenses, are again actually at work. They
Call themselves "agents," or " Continental agents,"
And usually give the address of some mean house in
the suburbs, where, on inquiry, it is found they
simply call for their letters. The Old-Kent-road
seems at present to be their favourite locality, and
It would be well for the Post-offine, in conjunction
with the police, to take steps to detain the remit-
ttai4ees they thus fradulently cause to be sent to
Tho trade evidently answers very well, for
‘ Is carried on with printed documents and in a
business-like manner.

A meeting of tradesmen and others, to consider
`ll° Proposed scheme for a railway between the
City and West-end by means of a tunnel under
Oxford-street, has been held, and Mr. Hawk-
848'W, the engineer of the undertaking, attended
to explain its nature. He stated that the line
„Was intended to run underground from the
Marble-arch through Oxford-street and Holborn,
t° the General Post Office. Between these
tWO points it was proposed to have nine stations,
at a distance from each other of about a third
of a mile. Locomotives would not be em-
ployed, and the traffic would be worked by fixed
engines, placed at intermediate stations. The car-
!ages would be of a very light construction ; so
that the vibration caused by their passage would be
almost imperceptible. In constructing the line it
Was not intended to interfere with the surface of
thin roads, so as to stop the traffic, and at the sta-
tion, where the roadway would have to be opened
the work would be effected during the night. Mr.
Yawkshaw's explanations did not satisfy the meet-
111g, and a resolution disapproving of the scheme
Was carried.