The Sun.
London, England, 1868-05-06 00:00:00

LIONEY MARKET.

AND
COMDIERINAL INTELLIGENCE.

CITY, Two O'CLOCK.

The stock markets continue to have a steady ten-
dency, but the amount of business doing is incon-
siderable, and the changes since yesterday's close
are in consequence quite unimportant. The Funds
are scarce and are thus strengthened, in spite of large
bear accounts which are understood to be open.
American and some Continental railways are
firmer upon good traffics, but in English there is
no particular change, the advance established last
night being in most cases maintained. Among the
securities of foreign governments, Egyptian being
',rely unsettled still attract most attention.
The demand for discount is active, and the most
general rate for the best and shortest commercial
P"Per is 2?;- per cent. The banks will not advance to
brokers under the official minimum, and loans
on Government stocks front day to day are
.2 per cent. The question of an advance of ?; per cent.
on the Rink rate to-morrow is in consequence being
generally discussed. The market is apparently ripe
for such a movement ; it is for the Rink to say
whether it is disposed to relinquish the control of the
Market which it at present holds.
The Liverpool Cotton Market opened with a down-
ward tendency.
Ouneols are firm but quiet at 94 to 94* for money,
and 92 to 921 ex div. for accennt ; New and Reduced
Three per Cents., 92* to 925-4. ; India Five per Cents.,
1151 to 1161 ; Bank Stock, 244 to 246. Exchequer
La's, 12s to 17s prem.
The variations in Foreign Government securities are
not numerous. Egyptian Railway Debentures are 1
lower, but the 1864 loan arid the Viceroy's 9 percent.
are 1 and * better respectively- Greek bonds have
declined f per cent. The current quotations are
Mexican, 151 to 16 ; Greek, 13± to 131 ; New
Spaiiisle 35a to 35* ; Italian, 48 to 48* ; Turkish,
341 to 35 ; Egyptian (1864), 79 to 79* ; ditto Rail-
ly"y, 88* to 89* ; Viceroy's 7 per Cents., 71 to 71* ;
ditto 9 per Cents., 89* to 90k ; Chilian (1866), 1011
to 1021 ; and ditto (1867), 961 to 97*.
The New Honduras Loan is par to 1 prern.
The Spanish Colonial 8 per Cent. Loan, fully paid
up, is 91 to 91k, and the Scrip, 2to 1 dis.
American securities are firm. United States 5-SO
Bonds are * better, at 70* to 701 ; Erie shares k
higher, at 45* to 461- ; Illinois, 95 to 95*.
Atlantic and Great Western Railway Debentures
are 29* to 30 ; and the Consolidated Mortgage Bonds
33 to 33k.
Home railways are generally firm, although in some
few cases prices are a shade lower than the closing
quotations of last night. Great Northern is higher,
and Caledonian *, while Manchester, Sheffield, and
Lincolnshire and Metropolitan, are each -* lower, and
London and North Western, and Great Eastern,* eacb ;
The following are the quotations :—Lancashire anal
Yorkshire, 1271 to 1281 ; Midland, 1071 to 1071 ;
South Eastern, 74 to 741 London and North
'Western, 1151 to 1161 ; Great Northern, 103 to
194 ; ditto (A Stock), 97 to 98 ; Great Eastern,
N to 34* ; Great Western, 54* to 55 ; London,
Brighton, and South Coast, 531 to 541 • anchester,
Sheffield, and Lincolnshire, 432 s to 44 ; 'Metropolitan,
1121 to 1121 ; Caledonian, 751 to 76±; and London,
ehethain, and Dover, to 19±.
In F •
at
Foreign Railways Great Luxembourg are marked
10i to 10g" ; and Lombardo-Venetian, at 15
to 151.
_ Mining .14 Foreign
t bout Shares, St. John del Reys are
change, at 19/ to 192 ; Port Philip, 1g to 111;
and Chontales 2,1 to 2*.
arlk Shares are quiet, and prices are without
times
`R
sh ent Agra (A) is quoted at 9* to 10* ;
e
13 to 12 dis. ; Anglo-Austrian, 4* to 5 ; Char-
sered Mercantile, 28 to 29 ; Consolidated, 4 to 41 ;
Lo Aerial 18 to 19 ; Imperial Ottoman, *. to 1 prern.;
tnstoenr,a6nBcliCounty 51* to 52k ;
33* to 34*. London and West-
.):) 69* ; Oriental, 41*- to 42* e; div. ;
°don Joint S 31' to 35* • Union of London,
toc , -
The dealings in Miscellaneous Securities are rather
,Ited, but prices are steady. Anglo-American
Ts-iegraPh is inquired for at 231 to 23* ; Atlantic
et" egraph Eight per Cent., 51 to sa; Hudson's Bay
141 to 15 ;
General Omnibus, I.le to 2i ;
London
ean Marine Insurance, 12 to 15 prem. ; Thames
and. Mersey, 4* to 5 ; and Universal Marine, f dis. to
s prem.
There were no bullion transactions at the Bank
'reiterdav
•
p."te steamers which left New York yesterday for
",,,,rope took £200,000 in specie.
Tripoli has :arrived with £29,426 in specie from
,11- York.
been
annual general meeting Of the lonian Bank has
+seen called for the 29th inst., for the transaction of
,Tiolrdinary business of the company.
Con,'p~adae
allPnal general meeting of the Moyer Coffee
receive the directors report and statement of accounts.
SP I
eLla general meeting of the London, Brighton,
thefflutir'South 'CoaSt' Railway Company has called
new
21st inst., to take into consideration the bills
uw pendia, in Parliament.
1/0A n extraordinary general meeting of the Australian.
rtgacre dand Finance she an
6,'oterene ass-,
for the purpose of confirming the rem-
„„ passed at the previous meeting
i 8 -Lae dividend of the Anglo-Romano. Gas Company
at the rate m
Lae 13th in of 10 per cent. per annu payable on
st.
committee of Spanish Passive bondholders, in
eiV to an intimation from the Stuck Exchange corn-
.o,l4ee that they would to-day proceed to consider the
418 et the New 3 per Cents to be marked, state
14.• L they do " not oppose the official quotation of the
re, w ‘..3 Per Cents., that stock being only an exchange
Bte Lue old securities, the Passive and Certificate
th nu- We therefore beg that you will kindly adopt
thee sal" Plan as in 1861, viz., allow a quotation to
je ,stock in question on the ground of its being an
elllnge only, but refuse it to the Colonial Loan and
o
y other Spanish loan which may be brought out
until Spain has recoenised the Certificates now in
deel'rse of issue in respect of that portion of the Passive
ebt of which the bondholders were, in the late con-
l'riereion, mulcted. ou ae aware that he Spanish
..4•overninent threatened tor consider any t
bonds null
b7d void to which we affixed any stamp'or mark. It
o, therefore, impossible for us to distinguish between
; ds issued for a cash payment and those strictlygiven
exchange for the old securities. This consent,
therefore, extends to the whole of the new 3 per Cent.
'ends of 1867."
Air:Ch.e ordinary general meeting of the Anglo-Italian
shottung Company will be held on the 14th inst., for
transaction of the business of the company.
k The half-yearly meeting of the Scottish Australian
tning Company has been convened for the 15th
thBet., after which the meeting will be made special for
espitP,ltrpose of passing a resolution to increase the
,„, at of the company.
eer'ne traffic receipts of the Metropolitan Railway
,
lees the Past week show an increase of £5lB. The
It•tirlse in the receipts of the Great Luxembourg
IwaY for the week ending the 3rd inst. is
ntir'olB 12s 10d. The earnings of the Bombay,
weegntral India Railway for the week end-
rut.
(Sle 14th March show a decrease of £2,575, and
The week an increase of £274 10s.
below in
Present stocks of produce in London continue
leer __ uhe quantities held this time last year, with but
of eivoxveentions. There is a decrease of 6,107 packages
cuttings, 76,750 bales of jute, 13,793 tales of jute
resee,e,!) 1,516 chests of lac dye, 121 packages of
bliss ;00 packages of nutmegs, 67 packages of cassia
Peps' -`,885 tons of black pepper, 27 tons of white
ss eer,
tops '-',uu4 puncheons of rum, 115 tons of sago,
214 set's of sago flour, 2,768 tons of nitrate of potass,
;1,134 .clzstsoLf nitrate of soda, 19,581 tons of sugar, and
14eress 48 of tallow. On the other hand there is an
471 l paeeko! 968 packages in the stock of cinnamon, of
et.," Res of clove stalks, of 3,126 bags of cochi-
b ,602 bags of cocoa, of 5,816 tons of coffee, of
2)040 toles of cotton, of 743 casks of molasses, and of
Th© following
rice.
,goon"wing is Mr. Saln Mendel's report of the
The, goods market, dated Manchester, May 5 :
little demand to-day, prices remain quotably
41141ter ! 18
Reissrafiu, but offers at a moderate reduction are not
Y refused.l,
th '"31.3 T 1
e Buckle Sheldrick, and Pugh report that
llo.leeeetoiEvrast India indigo sales in London will come
46t,1,1nrise, as-toonday, the 11th inst. The A catalogues
ies chest,. '5,235 chests ; the B catalogue (sundries)
tNet. The new imports afford an excellent sups
escitialities above 6s per lb. Kurpah The bulk
Rooci value at from 4s 10d to 5s 7d, with a few
eei°ll,4unli,Plo,Ping• Biudipitam : Good ordinary to good
f(..!!fly
,Ajadras is in scanty supply, consisting
is; eisitir cl
'ordinary to middling and good, and a
Witt. L.tmg feW
efioone. Vellore. The Manilla is mostly
(r d

a (iol,ll4lTiett YIIIIDS—TWO O'OLOCK.
ppt. Xltxtitt '' -
bitce,, T . LNDS.
N:erto '.','• Consols 9l 1.1 xd
(k,,utt ~coourit 92.1
Izewv R per
I(l.2eedUCed g!iii. 1
1)0.26 Per Cel'utt. Jan..... —
4illit, Pmr ent. :pal;. 1873
to. toerB'.3,l) Yrs, expire sth Jau , Intl'. kei: Cited O'r'.; expire sth April 1885
I),° Cite
BiTist.°l!kraplil, A.rg , I 90g.„,
16
Pm
D 41,000, 2 per Ct.
)3 °' £5OO . 12
I.o°. of ti, 1 ClOO & £2OO l2 Pm
4. Ae 8 and Stock 41 Par Cent 24l} 6
I i1di.,1,1114Q?",1n ......
_. .....
to i4toes; 10 NT ............ ... .............
-0 ' Lui Per 0 t AprillB-1 215
ceolin, Ull ~ 4
,bO4. 5 kr u ~, ........
~ ,
1)0.1 Par 0,!4"• ''ltly, 1880
bo:,oertif,,-iltat;, Oct. 1888
443itteed pa,_i ... ....................... -:
1)° *Per gent B9 81