The Sun.
London, England, 1868-03-26 00:00:00

BIONEY MARKET

AND
COMMERCIAL LNTELI IGENCB,

CITY, Two O'CLOCK.

The Stock Markets are without improvement from
lastnight's prices, though the tone continues steady.
Railway shares are, on the one hand, supported by
the large increase in the traffics of the leading lines—
notably, the Great Eastern and the Brighton ; and
on the other, they are prejudiced by the ex-
tremely indefinite and unsatisfactory character of the
proceedings at the Metropolitan meeting yesterday.
The immediate fall of 11- per cent. is not recovered.
Great Luxembourg Shares, the probability of their
being no dividend for the past half-year having been
wore than discounted, have advanced, a movement
warranted by the increase in the receipts all this year.
Foreign Stocks and the funds are quiet, and Ameri-
cans flat.

the Discount Market is strengthened by the
revenue payments, and by the arrangements inci-
dental to the close of the quarter. At the bank in
Lombard-street the demand is active. The rate is 2
ter cent.

The Funds are rather dull. Consols are without
change at 93 to 93k for money and account. New
and Reduced Three per Cents., 91/ to 92 ; India Five
Per Cents., 114 to 114 k ; Exchequer Bills, 9s to
14s prem.
The Foreign Stock Market is firm, but with
little business. There is an advance of fin the
Egyptian Railway Loan at 90k to 91 , and in Greek
at 121- to 13 ; and of / in Mexican, at 151; to 16 ;
New Spanish at 35a to 35/ ; and Turkish (1865),
33k to 33i ; the Viceroy's 7 per Cent. Bonds and
the Orel-Vitebsk Russian Loan are k lower, the for-
mer being 73k to 73/, and the latter 79k to 79i, ;
Italian keeps steady at 46/ to 47/ ; Egyptian (1864),
87 to 88 ; Viceroy's 9 per Cents., 89i to 891 ; and
Peruvian, 78 to 79.
The certificates of the Foreign and Colonial Trust
are 1 prem.
The new issue of Metropolitan District Railway
stock is 3 to 4 prem.
In Foreign railways, Great Luxemburg, which were
very flat yesterday, are firm at a recovery of R, being
quoted at 81 to 9. Lombardo Venetian Railway, 141.
'0 15.

American Securities are flat. United States 5-20
fonds are lower, at 71i to 72i. Erie Shares show
decline of 1 per cent., at 45 to 46 ; and Illinois k,
at 89 to 90.

EngHsilßailway Shares are dull, and the changes
in prices are unimportant. Great Northern is 15 lower;
the A stock 1 ; and Midland, South Eastern, London
and North Western, London Brighton and South
Coast, k each. On the other hand, Manchester,
Sbeffiel,i, and Lincolnshire is - better ; and
Great Eastern, Great Western, Caledonian, and
Metropolitan k each. The following are the quota-
tions :—Lancashire and Yorkshire, 125 k to 1251 ;
Midland, 105 to 1051 ; South Eastern, 72-i to 73 ;
London and North Western, 114 k to 115 ; Great
Northern, 104 k to 105 - ; ditto (A), 99i to 100 k ;
Great Eastern, 32/ to 321 ; Great Western, 46i to
47 ; London, Brighton, and South Coast, 49 to 49f ;
Caledonian, 791 to 791 ; Metropolitan, 1131 to 113/ ;
ditto Extension, 1061 to 107 k.
Bank shares are again extremely quiet and not a
single variation is noticed in prices. Agra (A shares),
10 to ; Alliance, 13i to 12-i dis. ; Anglo Austrian,
3.3- to 41 prem. ; Chartered Mercantile, 2q- to 29 ;
Imperial, 17 to 17A ; Imperial Ottoman. / dis. to
Par. ; London and County, 51 to 52 ; Ottoman;
and
Westminster, 67 to 68 ; Oriental, 42 to 43 ; London
Joint Stock, 31 to 32 ; Union of London 32 to 33.
Foreign Mining shares are without change. St.
John del Rey is quoted at 18 to 191 ; Port Philip,
if to 1A ; Chontales Ito dis.
-The dealing in Miscellaneous Securities are merely
nominal, and prices are for the most part without
change. Anglo-American Telegraph, 21k to 22i ;
Atlantic Telegraph 8 per cent., 5 1-16 to 5 3-16 ;
Pore-street Warehouse, 2i to 11 dis. ; Hudson's Bay
steady at 141 to 14i ; London General Omnibus,
3-1 to 2.

At the annual meeting of the members of the
Reliance Life Assurance Society, held to-day,
the directors report stated that 652 new poli-
cies were issued during the past year, assuring
£222,945, and producing £7,894 18s 3d in premiums.
The total income from premiums and interest was
£65,938 18s 9d. The excess of assets beyond the
society's requirements amounts to £29,857 16s 10d to
be appropriated as a bonus less the usual reserve.
About £lO,OOO in bar gold was yesterday sent into
the Bank.

The report was revived in Paris yesterday that the
tell, French Loan will be for £28,000,000 sterling.
The works on the Delhi Railway are progressing so
satisfactorily that it is expected the section from
l'leerut to Uwballah, upwards of 120 miles in length,
will be ready for traffic by the Ist of January next,
and that from Umballah to.Loodianah, about 65 miles,
°Ely shortly after the commencement of the year.
W.hen these sections are completed there will be 227
Intles
of line in full operation from Delhi towards
Lahore, leaving only 57 miles to complete the con-
nection with the Punjaub section from LTuiritson
to the Beas.

A call of £lO per share, payable the Ist of April,
bas been made by the official liquidator of the Finan-
cial Corporation (Limited).
At the meeting yesterday of the United Mexican
Alining Company, a resolution to authorise the
directors " from time to time to call a meeting
of shareholders for the purpose of making such
calls on the shares of the company, provided that the
calls do not exceed 5s per share in any one year, and
the total amount so called shall not exceed 15s per
share," was unanimously agreed to. The object of these
Calls is for the acquisition of new mines, and for the
general extension of operations.
The St. John del Rey Mining Company's directors
'lave issued a circular containing the latest advices
from the mines, as well as an account of their
financial position. After deducting all expenses,
Including the manager's drafts to June next, the
balance in hand is £11,242 16s sd, which will be
increased to £19,242 16s 5d by a remittance of
gold due in May. The advices from the mines are
,to the 17th February. The noxious vapours had
been expelled from the mine, and examinations
„a above the surface of the debris were being care-
`llllY made. It was thought that two further
examinations would enable the Mine Conference to
determine whether it would not be practicable to
„each the ore ground in the upper part of the East
uochveeda through the existing excavation, which if
Practicable, would occupy much less time than anew
!haft. More regular results from the Gaia Mine are
looked for in March.
The directors of the lonian Bank have declared a
dividend of the half-year ending December 31st at the
rate of 6 per cent. per annum, and a bonus at the rate
°f 4 per cent. per annum. Both are payable on the
9th of April.
The traffic receipts of the Bahia and San Francisco
railway Company for the week ending February 15
aulow an increase of £345.
Messrs. E. F. Satterthwaite's weekly review of the
London market for American securities is as follows:
Business on the London market in American
securities has during the past week been extremely
inactive, and the variation in prices of most descrip-
.!()ns of stocks is little more than nominal. United
States Five-Twenty's of both kinds are without alters-
-1862's being 72 to 72±, and the 1865's 71 *A
oit• Illinois Central shares are steady, at 894- to 90
tarie shares, after being depressed to 45k, recovered
° 47i ; but do not close at the best, owing to lower
here
to-day from New York ; the final price
',ere is 46± to 46k. Atlantic and Great Western
k",onsolidated Bonds have given way 1 per cep,
Q,
t°Bing 28 to 29, and the debentures at 26i to 27}
"OW a decline of -it Der cent."
BRITISH FUNDS-CLOSING PRICES:

I GOVERNMENT FUNDS.
Per ()out. Consols
g )0. Account, April 2 934 3
leer Cent. Reduced 92 11. 1
New 3 per Cent 314 2 11 i 1
°vs' 24 per Cent. Jan. 1894 —
4 "0. 5 per Cent. Jan. 1873 —
01auities, 80 yrs, expire sth Jan., 1880 —
O. for 30 yrs, expire sth April 1885 —
E Do (Red Sea Televaph), AuA., 1908 —
4chequer Bills, £l,OOO, 2 per Ct.
Do £5OO —
13.
Do. £lOSt .£2OO lO
'llk oD f Stock,England 41 per Cent Shut
0. Account
ih,.INDIAN GOVERNMENT SECURITIES.
,a Mock, 104 per Cent., April 1871
-",,0. Account
"0. 5 per Cent. July, 1880
„0. 4 per Cent., Oct. 1888
o. Certificates —
DO.
Enfaced Paper 4 per Cent —
O0.c). 5 per Cent., Jan. 1872
1-1 54 per Cent., May 1879 lOBl 4
'-'0 5 per Cent., Rup. Deb., 1872 —
Do. do. 1877 —
Do
11) ' do. 1882 —
h''. Deb., 5 per Cent., Aug. 1873
0. Bond; 5 per Cent., £l,OOO
"0. under £l,000
A• FOREIGN FUNDS—CLOSING PRICES.
ueutine Republic, 6 per Cent —
iirtrian Bonds, 5 per Cent. 1859
A'Tiatt 5 per Cent
n • 44 per Cent., 1852
h° do., 1858
• do., 18 ;()
lio
b,, do., 1863
U°' 5 per Cent., 1865
1/40 Account '72
1)1108 Ayres 6 per Cent —
(itib„o 6
2Por Cent. (Deferred 3 per Cent.)
Qmipi per Cent.
.0241 6 per Cent G7
1.3!* 41 per Cent —
r.u. 6 per Cent., B —
D°.+ 1867
894 4 4
°*) 7 Per ,Cent, 1866 —

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