The Sun.
London, England, 1868-03-12 00:00:00

Difference in favour of the exchange of $l,OOO
1862 Bond

£l2 7 6

$l,OOO 5-20 1865 Bond is worth, at to-day's
quotation, 70} nett £157 15 7
$l,OOO 10-40 costs as before 147 18 0

Difforence in favour of the exchange of $l,OOO

1865 Bond
£9 16 10
$l,OOO 5-20 1862 Bond, as before, is worth
$l,OOO Union or Central Pacific Railroad Bond
at 100, the current market price in the United
States, cost about . • l3B 16 0

Difference in favour of the exchange of $l,OOO
1862 Bond £ll 10 3
So again :
$l,OOO 5.20 1865 Bond realizes .£157 15 7
$l,OOO Union or Central Pacific R. IL Bonds
costs nett l4B 16 0

•
Difference in favour of the exchange of $l,OOO

1865 Bond

£Bl9 7

P.S. The calculation of the Union or Central P. R. R.
Bonds is made with accrued interest from the Ist of Janu-
ary or Ist July, as the case may be, at 6 per cent. per an-
num in gold. For merchandise we refer to following quo-
tations. In a week or two we hope to renew our tables,
giving in sterling C. F. and I. of principal articles in the
United States.

NEW Yonx, Feb. 21.—The movement in Erie and New
York Central Shares continues to form the chief object of
attraction at the Stock Exchange, and though the general
market has not participated to any extent in their fall, yet
prices have naturally suffered somewhat in sympathy with
so great a decline ; since the commencement of the legal
proceedings against Mr. Drew, the treasurer of the Erie
road (only a few days ago), the stock, at the lowest figure
of to-day, 60k, shows a depreciation of 11 per cent., and
New York Central at one period, to-day, was depressed as
low as 127 k, a decline of some six per cent. Government
securities continue to show but little activity; prices re-
main without decline in any issues, and an advance in one
or two, particularly in those that have a sale in foreign
markets, which are the 5.20's of 1862, and the 5 per Cent.
10.40 Bonds; for the latter the demand has been very
active, and they are very firmly held. For home in-
vestment the last issue of 5.20'5, bearing date 1867,
are in the best demand. Gold has been excited, and
has advanced upon some rumours from the capital
relative to the removal of the Secratary of War ;
the supply of cash gold was not so abundant, and loans
ware generally effected at 3 per cent., showing that upon
the decline a short interest of some amount was created.
Money is easily obtained by the dealers in Government
Securities at 4 per cent., whilst upon other collaterals the
rate is generally 5 per cent. Monday's Bank statement
will show changes about as follows :

Loans, decrease $2,249,327 I Deposits, deer. $7,664,477
Specie, do. 1,678,973 Legal-T., do. 2,602,832
The demand for exchange has not been very great, and
any large orders would probably send the rate to 1101
stiff. The supply of commercial bills has been good at
quotations.

At 4.15 p.m. the following prices are current:—
1
United States 6's of 1881 ... ' ...
... 111 112
do. 5-20's of 1862 ... ... ... 111
do. do. 1861 .. ... ... 108 109
do.. do. 1865 ... ... ... 1091 i
do. do. 1866 ... ... ... 107 108
do. do. 1867 ... ... ... 108,
do. s's 10-40's . ... ... 105'
do. 7-30's, 2d series:. ... ... 1071 I
do. do. 3d do. ... ... ... 107- I
American gold ... ... ... ... 141 i
London, 3 days ... ... ... ... 110
do. 60 days ... ... ... ... 109
Commercial bills ... ... ... ... 109
New York Central ~. ... ~. ... 129
New York and Erie ... ... ... 68
Philadelphia and Reading... ... ... 92 93
Hudson River ... ... ... ... 145 1461
Illinois Central ... ... ... ... 138 139
Mich., So., and No. Ind. ... ... ... 911 92
Chicago and N. Western Com. ... - ... 59i 60
do. do. pfd. ... ... 72 73
do. Rock Island and Pacific ... 97 i
Cleveland and Toledo ... ... ... 106 I
Francs, 3 days ... ... ... . 5.121 5.111
do. 60 days ... „. ... 5.121 } 5.13/ 5.161
From the Iron Age we learn that there has been a better
feeling in the metal market. We quote :
Ingot Copper—ls now 23 to 23/c, with large sales.
Pig Iron—A fair business has been done in American,
and prices are : For No. i extra, $34 to $36 ; No 2 extra,
$33 to $35; No. 2, $3O to $33. In. Scotch there is but
little doing, and prices are, from yard, Coltness, $42; Gart-
sherrie, $4l; Glengarnock, $39 to $10; Eglinton, $3B.
Charcoal Pig IronNoti. 1 and 2, $45 to $5O ; Nos. 3
and 4, $BO to $65.
•
Bar Iron—Quiet.
Rails—Are firm, with a fair demand.
Scrap Iron—Quiet at $4O to 421.
Old Rails —Quiet at $43.
Lead —ln fair demand, at 6 45 to 'Vic, gold, for invoice
lots.

Spelter—Large sales have been made, and the price is
now 61c, gold, for whole lots, with good demand.
Bismuth—s 6 to $6 75.
Breadstuffs—The market for State and Western flour is
quiet, and the medium and good grades have declined 10c
to 15c. The sales are 6,200 bbls at $s 50 to $9 25 for su-
perfine State; $9 80 to $lO 25 for common extra State;
$lO 35 to $lO 75 for good to choice do ; $8 50 to $9 25 for
superfine Michigan, Indiana, Ohio, lowa, &c., and to $9 60
to $lO 25 for extra do.
Provisions - Pork—Tho market is more active, and
prices are steadily held. We notice sales of 2,800 bbls
at $24 tos24 12 for new western mess, cash regular way,
closing at $24 cash ; $22 93 to $23 10 for '66 to 67 mess ;
$lB to $l9 50 for prime and extra prime, and $2O to $2l 25
for prime mess. The afternoon market is very quiet at
'Change prices. New mess is quoted at $24 to $24 12.
Freights—To Liverpool, 500 bbls flour at Bs, 1,000 bales
cotton at 5-16 d, part compressed, and per steamer, 19,200
bush corn at 10d per 601bs ; 1,100 bales cotton at id to
7-16 d. To London, 1,000 bbls flour at 3s, and 1,000 bbls
do. on private terms. To Hamburg, per steamer, 20,000
bush. rye, on private terms. A brig to Cork for orders,
with 1,600 quarters grain at 6s 9d to 7s 3d.
Tin—ln moderate demand, at 241 c to 2410 for Straits ;
231 c to 23kc for English, gold, for whole lots.
Quicksilver-80e to 90c.

We put in our remarks as to matters last week, and
the article from Thomson's Bank-note Reporter then
omitted, as follows :—" In want of anything of interest
here we quote the following as to the situation' finan-
cially from Thomson's Bank-note Reporter, which shows
that not only many are tinkering at a solution, but that
it has como to that pass that it is made ludicrous ; after
which we hope soon to see a wise, progressive policy,
in which the whole country can unite, believing they
will ere long see it is for the country's good : in fact, its
only salvation for years is that men and party issues
give way to principles of justice in the matter of finances."