The Sun.
London, England, 1868-10-20 00:00:00

MONEY MART ET

AND
lOMMERCIAL INTELLYOBNCR,

CITY, Two o'CLocK.

Business to day was somewhat brisk, owing to
the demand for foreign securities, and all those of
a speculative description have advanced with one
single exception, namely, Spanish. Consols are
a fraction lower. The applications for discount
are by no means numerous, although the charge for
first class paper is but 14 to 1 per cent. The rate
of advance in the House continues unaltered, viz.,
1 per cent.
According to Reuter's telegram from Paris to-
day the French Rentes were 70f. 27c.
Consols are at 944 to a for money, and 944
for the account (November 5) ; and the Three per
Cent. Reduced 93i and New Three par Cents.,
93f to
Foreign Stocks continue in demand, espe-
cially Peruvian and Italian Five per Cents.,
which show an advance of 4 and per cent.
respectively. Mexican Bonds have improved
and Turkish Five per Cents. are s better. New
Spanish Three per Cents. have given way I. The
quotations are :—Peruvians, 84 to 82 ; Greek
Bonds, 12! to 13 ; Turkish, 41! to 44 ; Italian 53
to 538 ; Mexican, 161 to 161; New Spanish Three
per Cents., 331 to 331; and New Egyptian Scrip,
4 to 3 dis.

The Honduras Loan is firm at 90f to 91.
The new Italian Scrip has improved to I.t, 2
prem.

The Indian Ten and a Half per Cents. are quoted
214 to 217 ; the Five, 1144 to 115 ; the Four, 1034
to 104 ; the Bonds, 20s. to 255. prem. ; the De-
bentures, 1054 to 106 ; and Exchequer Bills, 16s.
to 20s. prem. Bank Stock, 242 to 244.
Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 944 951.
Anglo-American Telegraph Shares remain at
211 214 ; the Eight per Cent. Preference shares
at 3: 1; and the Original Atlantic Telegraph shares
is unaltered, at 32 33. 'I he shares of the French
Atlantic Cable Company have recovered £l, to 5,
3 dis.

United States 5-20 Bonds are 1 per cent. lower,
at 73 to 1 ; Erie Railway Shares, 321 to! ; Illinois
Central, 961 to 97 ; Atlantic and Great Western
Debentures, 374 to 331 ; and the Consolidated
Mortgage Bonds, 391 to 1.
Railway stocks are steady. Great Eastern, and
London, Chatham, and Dover have improved k per
cent., while Midland and Brighton have declined
1. Annexed are the quotations :—Caledonian,
711 to 1 ; London and North-Western, 1121 toe ;
Great Western, 484 to 49 ; Midland, 112 to ;
London and South Western, 871 to 881 ; Gre it
Eastern, 401 to I ; Brighton, 521 to ! ; South
Eastern, 774 to 78 ; Metropolitan, 1071 to 1 ;
Great Northern, 1071 to 108.; ditto A., 1061 to
107 ; Lancashire and Yorkshire, 1281 to ! ; Lon-
don, Chatham, and Dover, 171 to 1 ; and Man-
chester, Sheffield, and Lincolnshire, 471 to 48.
Miscellaneous Shares inactive ; but National
Discount are 2s. 61 batter, at 111 to 4 ; General
Credit, 21 to 1 dis. ; International Financial, 11 to
11 dis. ; Hudson's Bay, 151 to 1 ; Telegraph Con-
struction, is to 16 ; Atlantic Telegraph Eight per
Cent. Preference, 31 to 4 ; and Anglo-American,
211 to !.

A further sum of £15,000 in bar gold was taken
into the Bank.

The Jerusalem, from Melbourne, has brought
£142,460 ; the City of New York, from New York,
£742; the Union, also from New York, £2,100;
and the Athenian, from the West Coast of Africa,
£3,675.

Letters from the Continent state that the Bank
of Darmstadt is making arrangements for the issue
of a new loan for Brunswick. At Fraukfort busi-
ness was quiet, excepting for Italian Tobacco Obli-
gations, which have considerably improved upon
receipt of higher prizes from Loudon.

A statement of tha export trade of Austria to
foreign countries for the first half of the current
year has just been issued by the Austrian Board of
Trade in Vienna. This shows a total export from
the Ist of. January to the 30th of June, 1868, to
the value of
,220,060,55611., against 175,659,21211.
in the corresponding half of last year, the it crease
being 44,401,34411., or more than 25 per cent.—a
satisfactory result of the efforts of the present Go-
vernment to pave the way for a full development
of the resources of the country.
Warrants fur the ninth half-yearly payment of 7
per cent. guaranteed interest on the shares of the
Central Argentine Railway Company have been
issued.

The half-yearly report has been issued of the San
Paulo (Brazilian) Railway Company. A dividend
of 2} per cent. for the past six months is recom-
mended pending the ratification by the Govern-
ment at Rio of the arrangement made with Dr.
Sobragy, the commissioner, as to the acceptance of
the line, and the payment of i 1.5,000 to the com-
pany for the extra expenses incurred in mainte-
nance, &c., from its opening.
The report of the North of Scotland Banking
Company has been issued. The directors propose
to pay a dividend at the rate of 10 per cent., in ad-
dition to a like distribution in May last.

The traffic receipts of the Great Western Rail-
way of Canada for the week ending October 16,
received per Atlantic cable, show an increase of
£lO2 ; and the Detroit and Milwaukee Railroad
for the week ending October Ist a decrease of £32.
For many years a route of only 500 miles from
Rangoon to South-Western China has been advo-
cated by Captain Sprye and recommended to the
attention of the Government by all the leading
Chambers of Commerce of the kingdom as offering
an eligible opening for the introduction of British
commerce to the immense population of that region.
After the usual official resistance in the first instance,
the home authorities in England, during Lord Cran-
borne's tenure of the India-office, ordered a com-
plete survey, a full half of which was satisfac-
torily completed in the dry season of 1866-7 ;
but the Indian authorities at Calcutta, less con-
versant with commercial questions, had a counter
project of their own, to a place called Bainan,
a distance of eight hundred miles, in favour
of which they contrived to ignore the route
of Captain Sprye. They consequently de-
spatched an expedition under Captain J. M.
Williams, to ascertain its practicability, and this
expedition is now reported to have returned, having
discovered that the unfavourable assertions with
regard to it were entirely correct. In this way two
or three years have been lost, but it may now be
hoped that no further obstructions will be per-
mitted against the completion of the survey of the
route originally proposed, and which has all along
seemed to command the confidence of practical and
experienced persons.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto for Account, NOT. 5
I per Cent. Reduced 931 k k
New 3 per Cent
New 2} per Cent. Jan. 1894
Do. 5 per Cent. den. 1873
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 l2}
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 2 per (A pm
Do. £5OO
Do. £lOO dr £2OO —t,
Bank of England Stock, 4 per Cent
Do. account
Canada 4 per Cent. Bonds — 71
Inter-Colonial Omnium -
INDIAN GOVERNMENT SECURITIES
India stock, 10} per Cent., April 1874 ...
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 pe• Cent., Oct. 1868
Do. Certificates —
Do. Enfaced Pap. 4 per Cent —
. , Do. 5 per Cent., Jan. 1872
Do. 51- per Cent., May 1679 —
Do 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —
Do. Bonds, 4 per Cent., £l,OOO .. . — pm
Do. under £1.(40)
EOREIGN FUNDS—CLOSING :PRICES.
Argentine Republic, 6 per Cent .....
Au trian Bonds 5 per Cent. 1859
Do. 1e59 63}
Brazilian 5 per Cent _
-)o. 4} per Cent., 1852 —
Do. do. 1858..... —
Do. do., 1860 —