The Sun.
London, England, 1868-02-13 00:00:00

ilOzflU MARKET

• AND
OMMERCIAL

ern-, Two O'CLOCK.

A better tone pervades all classes of Stock Ex-
change securities, now that the most important
arrangements in connection with the settlement are
concluded. The funds are Arm with an upward
tendency. American securities are again favoured
by the quotations from New York. The
Railway Market is chiefly interesting. The
speculative dealing in Metropolitan is still con-
siderable. At one time the price was 1061, then
1081, and now it is 107. Otherwise Railway Shares
are in active demand at an appreciable advance in
price. There is no feature in Foreign Government
Stocks.

The Discount Market is quiet, with business doing
at 1 to 1 per cent, for the best class of commercial
bills. Money is in demand for the settlement. In
foreign stocks, 3to 5 per cent. is charged, and on
Consols 1 per cent.
Consols, which closed yesterday at an improvement
of *, opened to-day at the same price, and are now
quoted firm, at 93k to 934 for money and account ;
New and Reduced Three per Cents., 93* to 93a ;
India Five per Cents., 111/ to. 112 f ; Bank Stock,
218 to 250 ; Exchequer Bills, 20s, to 255. prem.
The foreign market is steady, but without change.
Mexican, 151 to 16f ; Greek, 12 to 13 ; New
Spanish, 364 to 36R. ; Italian (1861), 43i to 44* ;
Turkish (.1g65), 32i to 33 ; Portuguese Scrip, 1* told
prem ; Egyptian Railway Debentures, 92* to 93* ;
the Viceroy's Seven per Cent., 77/ to 78k ; Peruvian
(1865), 76.1- to 76/ ; ditto (1862), 92 to 93 ; and
Russian (1866), 89 to 90.
American Securities are extremely firm, and show
a further advance. United States' Five-Twenty
Bonds are better, at 72 to 72i ; Erie Railroad
higher, at 48 to 49 ; and Illinois *, at 88* to 89k.
Colonial Bonds are without change. Canada Six
per Cents. are quoted at 99 to 101 ; Mauritius Six
per Cents., 103 to 105 ; New Zealand Six per Cents.,
108 to 110.

As compared with the railway prices current at the
close yesterday, there is an advance of 1 in Sheffield,
at 43 to 44, and in Great Northern, 109 to 110 ; of
in Great Northern A, at 1091 to 110 ;of in
Metropolitan, at 107/ to 107/ ;of in London and
North Western, at 1181 to 119 ;of in Caledonian,
at 761 to 761, and in Brighton, at 46 to 46ii and of
* in Midland, at 1061 to 1061 and in Great Western,
at 46i to 47. Lancashire and Yorkshire are 126/ to
1261 ; South Eastern, 71/ to 72/ ; Great Eastern,
30/ to 30/ ; Chatham, 18.4 to 19 ; and North British,
341 to 35,t.
Bank Shares are without movement. Agra (A
shares) 11 to la. Alliance, 13 to 12 dis. Chartered
Mercantile, 28 Co 29. Consolidated, to 11 prem.
ex div. London and County, 53 to 54. London and
Westminster, 67i to 68k ex div.
Foreign Mining Shares are steady. St. John del
Rey is quiet, at 21 to 23. Port Philip Mining, 14
to li. Chantales, dis. to i prem.
Miscellaneous securities are generally well sup-
ported, and prices are little altered. Anglo-American
Telegraph are firm, at 191 to ]9a ex div. Atlantic
Telegraph 8 per Cent., better, at sto 5/. Hudson's
Bay, lower, at 14g- to 14k. London General
Omnibus, 2 to 2f.
The ordinary general meeting of the shareholders
of the Elbe Colliery Company has been convened for
the 28th instant.

The directors of the English and Australian Copper
Company have called the ordinary general meeting of
the shareholders for the 20th instant.
Friday, the 21st instant, has been fixed for the
ordinary general meeting of the London and Suburban
Land and Building Company, when the directors'
report and statement of accounts will be presented.
The following is from the Yudaramutana Copper
Mining Company of South Australia, Limited
The directors have received advices from their
superintendent, dated December 28th. He states :
Since the date .of my last advice, we have sold
here 58 tons of rough copper, realising £4,043 5s 2d
net ; and in addition to the sum .of £4,563 pre-
viously advised as having been paid on account of the
£7,000 loan, we have made a- further payment of
£3,949 3s, being the total amount of the balance and
interest due thereon.' Captaiii Terrell's report
is dated December 14th. He states :—` We have
raised 384 tons of ere during the month.
The 'above return confirms the richness of
the mine ; it is indeed a splendid property. I have
130 W sufficient ore in sight•to last many months. The
smelting works are in good working order. The
quantity of copper made during the month is 56 tons.
Plenty of wood is coming in, we have a good stock on
hand.' "

The Port Augusta Railway Bill has passed both
Rouses, and received the Governor's assent Dec. 19th.
Bar gold to the value of £35,000 was taken froni
the Bank yesterday for export, making on balance
X 445,000 against the stock held. _

Soine of the advices from Paris mention that the
French loan may possibly be introduced on the 26th
inst.

Messrs. Gilchrist, Smith, and Co., of Liverpool,
shipowners, called their creditors together on Tues-
day. The estate is to be wound up under inspection.
Several coal and salt merchants are heavy losers by the
failure. The unsecured liabilities are said to be about
£7,000.

The subscription list of the Ten per Cent. Pre-
ferential Shares of the Atlantic Telegraph Comrany
Will close on Monday, the 24th inst.
At a meeting held yesterday in Glasgow of the
Scotch shareholders of the Athwtic Telegraph Com-
flany, it was unanimously resolved that the meeting
ag full confidence in the directors, and recommends
those parties who cannot be present at the meeting,
in London, on the 25th inst., to transmit their
proxies to the directors.

The following are the rates of continuation, &c.,
current for the settlement now in progress

Caledonian Railway

to back, then givers, closing
to.
.. 1-32 to 3.32 contango, closing
1-16 :o d.
... 1 to
... 1 16 to 3.16 do., closing 3 16 to
6 16 contango.
... 5.16 to 7.16 beck, closing 3-16
to 5.16 hack.
London and N. Western... 1-16 to 3-16 contango, closing
even to 1„ contango.
... 1-16 to 3 16 do.
... 3.16 to 516 back, closing to
g hsck.
to back, closing 316t0 5 16
back.
... 1-16 to 3 16 do., closing just even.
... even to contango.
... 1.16 to 3.16 contanen.
... 1 16 Lek to 1 16 contangr,
closing even to b.
Great Westernof Canada... 6:1 to 9.1 contango.
Grand Trunk of Canada... 91 to is 3.1 do.
Brighton... ••• ... even to 1.16 contango, closing
even to contango.
The traffic receipts of the Dutch-Rhenish Railway
for the past week, as compared with the corresponding
period of last year, show a decrease of 1:101.
Those of the Melbourne and Hobson's Bay Railway
Company, for the four weeks ending with the 19th
December, amounted to £11,814, being an increase
of £1,016.
The traffic receipts of the Bahia and San Francisco
Railway Company for the week ending the 4th
of January amounted to £9Ol 3s Bd, being an increase
of no leas than £305 8s 2d as compared with the cor-
responding period of 1867, the mileage being the sauce
—viz., 761.
The following is from Messrs. E. F. Satterthwaite
and Co.'s weekly review of the London market for
American securities :—" United States Government
secniities have since our last had a drooping tendency,
"mg to the steady rise in the premium on gold, as
reported by telegraph to-day ; however, on lower
quotation from New York, the Five-Twenties have
Improved, and closed strong at the same price as this
"33' Week, the old issue being 71i to 72, and the 1865's
7o to 71. For Illinois shares there has been an
active demand on both Continental and American
account ; they show an improvement of nearly $2, the
last quotation being 88 to 89. Eries have also
,advanced in sympathy with the New York market, and
leave off 48 to 49."

Great Eastern ...

Great Northern .
Ditto A.

Leeds Stock

Great Western
Midland ...

Metropolitan

Doyen

_ ...
Berwick ....
Shetfields
North British

BRITISH FUNDS—CLOSING PRICES.
s GOVERNMENT FUNDS.
1:!:!'r (.Gene. Consols
8 •uo• Account, March 5 93/
Nei,,,Per Cent. Reduced 931 1- 1
3 per Cent
NA
-„w 21 per Cent. Jan. 1894 — ,
A '"(:)* O per Cent. J an. 1873 —
~'llnuities, 80 yrs, expire sth Jan. 1880 —
Do. for 30 yrs, expire sth April 'lBB5 —
1., 130 (Red Sea Teleh,raph), Au,., 1908 —
'''''elieiluer Bills, £l,OOO, 2& 21 per Ct.
Do £5OO 2O pm
Do, £lOO & .£2OO 2O pin
Batik of England Stock, 41 per Cent 250 481 9
-1)0. Account
1 .INDIAN GOVERNMENT SECURITIRB.
12„thau iltock, 101 per Cent., April 1874 —
4-'„n• Account
'-'O. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
DO. Certificates
O. En faced Paper 4 per Cent
po
, • 3 per Cent., Jan. 1872
"0. 51, per Cent., May 147' lOB-
Do 5-per Cent., Rup. Deb., 1872 lo2k
Do. do. 1877 —
Do. do. 1882 —
D 0 Deb. 5 per Cent., Aug. 873
O. Bond's, sper Cent., £l,OOO
~ g•
pm
110. under £1,000
FOREIGN U
..i.r.,,ett °REIGN FUNDS—CLOSING PRICES.
ne Repubhc, 6 per Cent 731
Austrian Bonds, 5 per Cent. 1859 44 tian 5 par Cent
ii 644 per Cent., 185'2
d 0.7 ltrAsitiA ,....