The Sun.
London, England, 1868-02-29 00:00:00

MONEY MARKET

A ND
COMMERCIAL INTILLICyENcE‘

CITY, Two O'CLOCK.

The Stock Markets are generally steady without
kny particular change from the final quotations of
yesterday. The funds have improved about half a
point and they present some appearance of firmness,
and in fore.ign stocks the variations are unimportant.
The Railway Market is quite inactive without offering
any special features.
There is a good demand for money, and rates are
arm at 1 to 15 per cent. on the best commercial
Paper. On the Stock Exchange the terms for short
advances are 2 per cent.
The Bangalore leaves to-day for the East, with
£173,180, chiefly gold, for Alexandria.
The funds are firmer. Consols are quoted 93 to
93,1,- for money and account ; New and Reduced, 93'g
; Bank Stock, 249 to 251 ; India 5 per Cents.,
112 to 1121, ; and Exchequer Bills, lls to 15s.
Foreign Government securities are steady at the
Jubj,)ined prices :—Mexican, 15g. to 15:1 ; Greek, 14-
Lo 12'1 ; New Spanish, 35,1 to 35 ; Italian, 441; to
; Turkish, 4474- to 45 ; Portuguese, /to prem.;
Russian (1862), 84 to 85.; Egyptian (1864), 86 to 88 ;
ditto Railway Debentures, 84 to 85 ; Viceroy's Seven
per Cents., 731 to 74/ ; and the Nine per Cents., 88/
co 891.
United States' 5-20 Bonds are flat, at a reduction
Df 1, the price being 71 to 71/ ; Illinois Shares are tl;
better, at 88 to 89 ; Fries are the same, at 44 to 45.
In Railways North British are firmer, but beyond
that there is not much change. The quotations now cur-
rent are : —Lancashire and Yorkshire, 126 to 261-
ATidland, 1061 to 107 ; South Eastern, 7.2 t to 734 ;
London and North Western, 1161 to 1161 ; Great
Northern 104 to 105 ; ditto A, 104 to 104 k ; Great
Eastern, 291 to 304 ' • Great Western, 4.4 to 46 ;
Brighton, 46 to 46S ; Sheffield, 41i to 42; Chatham,
18t to 19 ; Metropolitan, 111 to 111 k ; Caledonian,
84 to 83i- ; and North British, 34q to 354.
In foreign railways Lombardo-Venetian Railway is
'; lower, at 14i to 15 ; Luxemburg steady, at 91 to
9g,

Finance Shares are steady. Credit Foncier, 3i to
3 dis.; General Credit, 3 to 2 dis. ; International
Finance, 21 to dis.; London Finance, 26 to 24 dis.
Miscellaneous Securities are extremely quiet, and
prices in most cases are without change. Anglo-
American Telegraph, 19g- to 191 ; Atlantic Telegraph
8 per cent., 51 to 51 ; Hudson's Bay, 14 to 141 ;
London General Omnibus, 111 to 2 ; Ocean Marine
Insurance, 14 to 16 prem. ; Thames and Mersey
Alarine, 2to 2i; Universal Mine, lower, at tr
dis.

Bank Shares are steady at yesterday's prices. Al-
liance, 13 to 12 s dis.; Chartered Mercantile, 28i to
29; Consolidated, 4to prem. ex div.; Imperial
Lank, 17 to 18 ; Imperial Ottoman, to -1- dis ; Lon-
don and Westminster, 67 to 68i ; London Joint-
Stock is dull at a decline of being quoted at 33 to
; Union of London, 33:15 to 3-a.
A special meeting of the shareholders of the United
kingdom Electric Telegraph Company has been called
for the 17th Mara, for the purpose of confirming
•the resolutions passed at the meeting of the 25th
inst.

The annual general court of the proprietors of the
Canada Company will be held on the 26th March, to
receive the report.
A further withdrawal of £74,000 in sovereigns for
Alexandria took place at the Bank yesterday.
The following remarks upon the bullion market are
from Messrs. Mocatta and Goldsmid's circular of last
evening :--" There is still but very little activity in
our market ; the arrivals of silver and dollars have
been unimportant, and the prices remain without
variation. The quantity of gold received has also
been limited, and with the exception of what may
arrive from Australia and some casual shipments
from the United States nothing on a lar4e scale is
t',
expected for the present. The inquiryfor exporta-
tion to the Continent has sensibly declined, and is
not sufficiently h trong to cause withdrawals to any
large extent from the Bank, nevertheless whatever
comes to hand is still forwarded to France, and within
the last few days some amounts of sovereigns have
been taken for Begypt."
The monthly Consol settlement begins on Monday,
and concludes on the following Thursday. The new
account is fixed for the 2d of April. •
Some of the German papers are calling attention
to the remarkable results attained by the railways
of Prussia in the ten years ending with 1867.
A table is given of twenty-seven different
lines running through all parts of the Prus-
sian dominions, their prices on the 31st
December, 1858, and on the 31st December, 1867,
with the dividends they paid in the year 1861
The general result is to show a return of 81 per
Cent. in dividends, and an increase of 25 per cent.
Upon the prices of the stocks. This result is
claimed to be unique ; and much credit is taken
for avoiding the errors which have produced embar-
rassment in England and elsewhere. It is also
claimed, as a result of the policy that has been followed,
that Prussia can raise, in the form of redeemable
obligations, any amount of capital that may be re-
quired Lr the construction of branch or secondary
hues under extremely favou able conditions.
Salaverria, late Finance Minister, has been
nominated, with the assent of the Spanish Govern-
Deputy Governor of the Bank of Spain.
advices to the 25th inst. describe an
active grain market, and very firm prices. Arrivals
are still limited, and they are only from the Black
°ea ports ; but the Constantinople steamer of the
19th, which reached Marseilles on the 25th, brought
news that, though prices there were advancing, a
considerable number of grain-laden ships were passing
lowa the Dardanelles for the French Mediterranean
Ports.

Tlie Anglo Austrian Bank give notice that on and
after the 2nd March, proximo, the letters of allotment
of shares iu the Anglo-Hungarian Bank, issued in
London, accompanied by the banker's receipt, may be
exchanged for provisional share certificates. In cases
lWhere the allottees do not personally attend the
tter of allotment must be accompanied by their
ll'lltten order for delivery of the certificate.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
u Mr tient. Consols
Do 8 •Account March 5
.
Per Cent. Reduced 934 i
+A O q
. per Cent
934
"eww 2,4 per Cent. Jan. 1894 —
4130. a per Cent. ‘, an. 1873 —
ilnuities, 30 yrs, expire sth Jan., 1880 —
DODo. for 30 yrs, expire sth April 1885 —
1)0 (Red Sea Telet.,raph), An.,., 1908 —
(Red
Bills, £l,OOO, 2 per Ct. — pm
Do £5OO — pin
Do. £lOO & £2OO ll 15 10m
1:101k of England Stock, 44 per Cent p
DO. Account
Ati
, INDIAN GOVP.RNMENT SECURITIES.
dia stock, 104 per Cent., AprillB74
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888 Do. Certificates ......................
Do. Enfaced Paper 4 per •Cent
Do, 5 per Cent., Jan. 1872
Do. 54 per Cent., May 1879
Do 5 per Cent., Rup. Deb., 1872 ........
Do. do. 1877
.„, Do. do. 188',
-",,• Deb., 5 per Cent., Aug. 1873
D 0: Bonds, 5 por Cent., £l,000
nO. under £l,OOO - pm
FOREIGN FUNDS—CLOSING PRICES.
4:L'rgsntine Republic, 6 per Cent —
tuaitrian Bonds, 6 per Cent. 1859
•nr_ziliatt 5 per Cent —
DO.) 4} per Cent., 1852 —
Lo. do 1858....•
do" 18;o —
TIN- do" 1863 64
4-Fe 5 ",
$l, • per Gent., 1865
_
~-,0 Account
_
`','ltios Ayres 6 por Cent
Nuba 2 per Cent. (Deferred 3 per Cent )
C
1/4i,'!, 6 Per Cent. _
_
hdan 6 per Cent
''',;(). 41. per Cent 67
C• 6 per Cent., B
_
V-1 1867
_
1,°., 7 per ,Cent., 1866
o 7., Scrip £32 paid
D,Pb, 6 per Cent.
I:l'isti, 3 p -q• Cent., 1825
DO
libian Principalities, 7 per Cent —
4,1 Per CentlB67 —
t gy,),.°l. New Coonsolidated, 1 per Cent —
6 ''''Bl'l 7 per Cent —
D,,° Secoud Issue —
D • f5OO Bonds
°' •CIOE Bonds
tj_ 00.
1864
4
. ts')o Bonds B7;
Gooloo Bonds , „.. 89;
Qt.e7li.runient Railway Debentures ....
1.) . a Per Cent., 1824-5, ex Coups. —
1)°
u 4-ceount
_
1.)0 u 'llPous
•
(114 at • 'eeount
Ileprn'tla 5 per Cent
It i, i uras Uov. Rail. Loan., 10p. Ct., £25 p
e,'a%s Per Co.-. t., 1865 —
`keeount 72 }-
ti Q• Ma, • .
lxiel :,eniznana liaiway —
bitt`ot,.: Per Cent
~i,i)r Account
T\ .
18(31 —
Llo.24°t:v)i,r COOL Angle-French —
~41,)eri80'83-1 6 per Cent. • —
ciew „ Imperial 5 per Cent
Dol)oriiiiada —
p
4,per Con
t• .Jeterved
0
I",d
erariaWarrants (Hectares)
1.10
A 5 per Cent '865 —
00 4xeconnt Cent, 1865
' —
1)0 41
Per Cent. (Ulib
P
0 1i ~c,j. Cent., _ , arren)
Ace itity)
urt°, —'"unt "
92
' '.-405,3., .................... . ,
150. "Per Ct.. 185: '6 '7 '90)0, 2, o
Do -
ssimi ;
Per e Scrip, £lO paid —pm
041 ._,, ent., 1822 £St 864 sp,rcent. 1850 ,