The Sun.
London, England, 1868-02-26 00:00:00

4. -THE CAPITAL STOCK.

The authorised capital of the Union Pacific Railroad
Company is $100,000,000, of which $8,500,000 have boen
paid on the work already done.
The First Mortgage Bonds can be had at 95, with inte-
rest'payable in gold, which yields about 9 per cent. on the
investment, at the present price of gold. We purchase
these and any other American Railway or State Bonds at
the lowest prices is the American market, and deliver
them here for 1 per cent. commission.
We refer to our Table particulars as to several Rail-
roads, and shall be pleased to give further particulars on
application.

We cash the Coupons from these as of all gold-bearing
Coupons from bonds sold by us at 4s. id. per dollar, or
collect as per our advertisement.

Office of the National Currency Bank,
No. 2, Wall-street.
_ _

The money market is growing easier —abundance at
sto 6 per cent. Gold is between 141 to 142 ; silver is 7
to 8 per cent. cheaper.

The Governthent stock market is strong, and outside
investing is good.
The Central Pacific Road—the line from San Francisco
to Salt Lake Valley—is in a very promising condition.
Having opened the tunnel through the Sierra Nevada, its
onward progress eastward to Salt Lake City is easy. We_
are infidel as regards railroad securities, but we believe
in the bonds of this company, and have commenced to fill
orders for them at 81,000 for $l,OOO bond, adding interest
since January 1. The bonds will be sent by express,
prepaid.

MARKETS.
(By Telegraph to the Journal of Commerce.)
CINCINNATI, Feb. 7.—No. 2 spring sold at $2 18c. ;
winter held at $2 50c. to $2 55c. for No. 1. Corn quiet
and unchanged; shelled held at 90c. Rye unohanged.
Mess pork dull at $2l 750. to $22 for new. Bacon 91c.
shoulders; 12 to 1210. for sides and clear sides. Lard out
of market ; prime leaf held at 14c. ; country sold at 1310.
Gold 1411, buying.

CHICAGO, Feb. 7. —Flour firm and quiet ; spring extras
$8,75 to $lO,OO ; wheat No. 1, quiet, at $2,071 to $2,08.
No. 2 advanced 1 to 140., $2,024 to $2,03 ; new corn
steady at 874 c., old corn quiet at 81c. ; oats steady at 574 c.;
rye quiet and lower at 531 to 58e. ; barley quiet at $2,05
for No. 2 ; $1,73 to $1,75 for rejected ; provisions were
quiet, mess pork nominal at $2l. Cut meats quiet and
nominal ; rough sides, 94c. Green firm at 131 c meats
firmer. Hams from dressed hogs 114 to 124 c. Lard firm
at 134 c for prime, 13c for No 1. Dressed hogs quiet and
firm at $8,25 to $9, dividing at 200 pounds and $8 to
$8,25, dividing at 100 pounds. Live hogs firm at
$6,124 to $6,85 for light, $7 to $8,25 for fair to good.
Beef, cattle dull at $5,75 to 7,50 for light good steers.
Sheep closed active at 4,25 to 5. Receipts-3,800 bbls.
flour, 21,000 bush, wheat, 75,000 bush. corn, 30,000
bush. oats, 2,200 dressed hogs, 3,000 live hogs. Ship-
ments-4,800 bbls. flour, 3,500 bush. wheat, 8,000
bush. corn, 2,000 bush. oats, 1,600 dressed hogs, 1,900 live
hogs.

MILWAUKEE, Feb. 7.—Flour dull. Favourite spring
extras at $lO to $10.25. Wheat unsettled ; No. $2,02 ;
No. 2at $1.97. Oats quiet at 58c for No. 2. Corn active
and firmer at 82c for new shelleJ. Rye nominal. Dressed
hogs lower at $7.80 to $B,BO. Receipts-1,200 bbls flour,
16,000 bush. wheat, 4,000 bush. oats, 3,000 bush. corn,
1,000 dressed hogs. Shipments-700 bbls flour.
ST. Louis, Feb. 7.—Bacon ; clear sides, 121. to 12}c;
dry salt do., 12c. Lard quiet; kettle and steam, 131 c.
LOUISVILLE, Feb. 7.—Tobacco firm; sales 76 hhds lugs
to medium leaf at $5.15 to $l5. Superfine flour
$7.75 to $8 ; fancy $12.50. Wheat $2.40 to $2.45.
Oats 66 to 68c. Corn on the ear and shelled 75 to 78c.
Mess pork $22. Lard 1310. Bacon—shoulders 10c ;
clear sides 13c. Bulk shoulders 9c ; clear sides 12ic. ;
cotton 16/ to 17c.
MEMPHIS, Fob. 7.—Cotton aotive at 18 to 18/c for
middlings; receipts of the week 15,928 bales; exports,
12,514 bales; exports 12,514 bales, stock in port 19,808
bales. Flour firmer ; superfine $9 to 9,50. Mess pork
$24 to $25. Bacon—clear sides 13 to 140. Bulk shoulders
9 to to 9/c. ; clear sides 1110. Lard—keg leaf 14 to 141 c.
Corn 93 to 95c. Oats 80c.
NEW YORK.—California flour has been in demand, and
is growing in favour with the trade. As contrasted with
other white wheat flour is regarded as cheap, hence the
greater activity. Our present stock is taoderate, and the
quantity in transitu for this market is about 150,000 quar-
ter sacks ; this will only supply the wants of the trade two
months. To California we must look for the major part
of our supplies of white wheat flour for the summer months.
At the close the market is firm. Tho sales of the week
are 25,600 sacks. _ _

NEW ORLEANS, Feb. 7.—Cotton active—sales to•day
8,500 bales ; exports 5,129 bales ; sales of the week
29,300 bales ; receipts 31,297 do ; exports—coastwise 987
do ; foreign 8 ; 864 do.; stock 100,031 bales.
NEW ORLEANS, Feb. I.—Cotton.—Arrived since the
28th ultimo of Louisiana and Mississippi 6,191 bales ;
Lake, 479 ; Tennessee, 3,290 ; Mobile, 816 ; Texas, 45 ;
together, 10,821 bales. Cleared since the 28th ultimo for
Liverpool 13,525 bales; Havre, 1,673 ; together, 15,198
bales. Stock in warehouse and on shipboard not cleared
on the 31st ultimo, 92,919 bales. We left the market at
the date of our last report ruling at 141 to 15'1 for ordi-
nary, 161 to 16; for good ordinary, 171 to 171 for low
middling, 171 to 18 for middling, and 181 to 181 for strict
middling, since which, under the influence of the en-
couraging accnuto from Liverpool and NM Yak/ fac-

tors have been enabled to establish a further advance of
fully cent per pound. On Wednesday, although the
movement was checked by a decline in foreign exchange,
a limited supply offering, and the high prices asked for
all desirable lists, yet the sales summed up 4,800 bales,
at. full prices, generally leaning to the outside figures of
previous quotations. On Thursday the demand con-
tinued, with a fair degree of spirit, and 5,500 bales changed
hands at figures indicating a pretty general advance of
the improvement, however, being the most marked in
the better qualities. Yesterday the market opened with
more stringent pretensions on the part of factors, and
only a moderate amount on sale, which caused several
leading buyers to stand aloof ; but there was, neverthe-
less, a fair demand, and the business summed up 4,000
bales, at irregular and still higher rates, to which we
have made our quotations conform accordingly. This
makes an aggregate for the past, three days of 14,300
bales, and a total for the week of 24,700 against 24,800
last week, and 28,500 the week before. The business has
been divided between buyers for foreign export and the
North, the latter operating more freely than for some
time past. It is understood also that no inconsiderable
amount has changed hands on speculation. The receipts
at this port since the Ist of September (exclusive of the
arrivals from Mobile, Florida, and Texas) are 332,418
bales, again'st 472,479 bales the same date last year, and
the increase in the receipts at all the ports up to the
latest dates, as compared with last year, is 127,776 bales.
In the exports from the United States to foreign countries,
as compared with the same dates last year, there is an
increase of 74,534 bales to Great Britain, of 58,339 to
France, and of 92,958 to other foreign ports.
MOBILE, Feb. 7.—Cotton closed firm ; sales to-day 4,200
bales middlings at 18;c; receipts 1;567 bales; sales of the
week 14,400 bales ; receipts 12,093 bales; exports—
foreign 15,821 bales ; coastwise 7,182 bales ; stock 71,213
bales.

AUGUSTA, GA., Feb. 6.—Cotton advanced -} to lc ; sales
1,200 bales. Receipts 900 bales middling 18 to 181 c.
CHARLESTON, Feb. 7.—Cotton active and advanced 4 to
; sales 1,500 bales middling at 18 to 18jo ; receipts
1,538 bales.
WILMINGTON, N. C., Feb. 7.—Spirits turpentine ad-
vanced 2c ; steady at 55c. Rosins—lower grades in de-
mand ; strained and No. 2 $2,20. Cotton buoyant ; mid-
dlings 17itc. Tar active at $2,20.
BALTIMORE, Feb. 7.—Cotton very firm ; middling 191 c.
Flour quiet and steady. Wheat firm and unchanged.
Cotton firmer; yellow $1,17 to $1,20; white $1,15 to
$l,lB. Oats steady at 74 to 76c. Rye dull at $1,55.
Provisions firm. Bacon shoulders 12c. Bulk shoulders

PHILADELPHIA, Feb. 7.--Cotton steady ; middling
upland 19}c ; middling Orleans 201-c. Cloverseed $8
to $8,50. Flaxseed $2,75 to $2,80. Petroleum very
dull; crude 15 to 151; refined in bond 22 to 221. c. Flour
firm; superfine $7,50; extras $8,75 to $9,50; Western
extra family $10,50 to $l2 ; Pennsylvania and Ohio ditto
$ll to $l2. Wheat steady ; red $2,50. Rye $1,58 to
$1,60. Corn advanced 2c ; new yellow $1,20. Oats 73 to
76c. Barley—sales 2,500 bush New York four rowed at
$2,10. Groceries and provisions unchanged.
PHILADELPHIA.—There is a more hopeful feeling among
the merchants, and a more active state of affairs is antici-
pated as the season advances. Money is abundant at cheap
rates, but it affords no incentive for speculative opera-
tions. Cotton meets a steady inquiry at the late ad-
vance. Coffee, sugar, and molasses are held firmly.
Fish are in bettor demand, and prices of mackerel are
higher. There is a fair business doing in both foreign
and domestic fruit, at former rates. Hemp and hides are
quiet. Iron meets a steady inquiry at the decline noted
last week. There is but little lead here in first hands.
Naval stores are rather firmer, and spirits of turpentine
has again advanced. In oils but little doing. Plaster is
scarce. Provisions are in small supply, and most descrip-
tions command better prices. The stock of rice in first
hands is very much reduced. Tallow, teas, tobacco, and
wool are steady. •
SAN FIRANCISCO, Feb. 7.—Flour quiet, extra $8,25 ;
superfine $7,50. Wheat very quiet at $2,50 to $2,70 for
ordinary to choice shipping. Legal tenders ilic.

THE MARKET.—Friday Evening, Feb. 7.

Asn'Es.—The market for pots is steady, with a fair in-
quiry and light receipts.. We quote $8.25 to $8.37. Pearls
are scarce nominal.
BEESWAX.—There is a moderate demand at 40c to 41c.

BREADSTUFFS.-The market for State and Western flour
is more active in part for export, but at a decline of five to
ten cents. The sales are 6.100 bbls. at $8.25 to $9.00 for
superfine State ; $9.70 to $10.15 for common extra State ;
$10.20 to $11.75 for good to choice do. ; $8.25 to $9.00 for
superfine Michigan, Indiana, Ohio, lowa, &c., and $9.40 to
$10.20 for extra do. ; $10.25 to $11.75 for choice extra do.,
including shipping brands of round hoop Ohio at $9.70 to
$10.30, and trade brands of do. at $10.40 to $13.75 ; good
to choice white wheat extras at $12.50 to $15.00 ; St.
Louis at $10.50 to $12.00 for common to good, and $12.00
to $15.50 for good to choice, closing steadily. We
quote :
Superfine State $8.25 to $9.00
Extra State ... 9.70 to 10.75
Super Western ... ... 8.25 to 9.00
Extra Western ... ... 9.00 to 10.20
Extra Ohio round hoop ... 970 to 10.30
Ditto (trade) 10.40 to 13.75
Extra Genesee .., ... 10.40 to 13.75
Extra St. Louis ... ... 10.90 to 16.00

Southern Flour is in limited request. Sales were made
of 250 bbls. at $lO to $11,25 for common to fair extra, and
$11,30 to $l5 for good to choice do.
California Flour—The market is very quiet, but prices
are not quotably different. The sales are 350 sacks at
$13,25 to $13,75.
Wheat—The market is a little more active, but at a con-
cession of one to two cents on the part of the holders.
The sales are 24,000 bushels at $2,41 to $2,42 for No. 2
spring delivered ; $2,81 for winter red Canada, and $2,82
for Amber State.

Rye— W e do not learn cf much inquiry, but prices remain
nominally without change.
Rye Flour—Thera is a very moderate business doing at
about former prices. Sales were made of 200 bbls at
$7,25 to $9,25.
Corn Meal is in fair request. We notice sales of 500
bbls at $6,00 for Western, and Brandy's\ ine on private
terms.
Barley—There is but little offering, and holders are de-,
manding very full prices.
Barley Malt is firm ; 2,000 bush sold at $l,BO to $1,90.
Beans—With a small supply prices are very much un-
settled, and decidedly in sellers' favour; mediums are held
as high as $4,75 to $5.
Corn—The market is one to two cents easier and not
very active. The sales were 39,000 bush., at $1,23 to
$1,27 for now western mixed ; $1,28 for very choice do ;
$1,21 to $1,271 for new white western and southern ; and
$1,25 for new yellow Jersey.
Oats are dull, and prices are in the buyers' favour; sales
were made of 24,000 bush. western at 831 e. in store.
CANDLES—Adamantine are moderately active ; 1,000
boxes adamantine are noted sold at 19e. ; sperm at 45c. ;
patent 55c.
COFFEE—The market for Rio is quiet, but prices aro
steadily held. We do not learn of any sales of moment.
COPPER—There has been an active speculative demand
in ingot, and prices at the close are very much better. The
sales for three days foot up fully 950,0001b5., closing with
business at 23c. to 231 c. for Baltimore. Detroit is not
offered under 231 c. to 24c.
COTTON —The market is more active in consequence of
the favourable European advices, and higher prices are
prevailing. The sales are 8,736 bales, including 1,150 to
spinners, 3,665 to speculators, and 3,931 to exporters, of
which 1,530 are in transit. We quote

Upland and
Florida. Mobile. N. Orleans. Texas.
Ordinary
Good Ordinary lB 181 19} 20
Low Middling 191 191 20 204
Middling
DRUGS AND CHEMICALS.—Most descriptions have ruled
very quiet for the past three days. There is perhaps a
little better inquiry for drugs at the close. The sales are
50 bales gum gedda on private terms ; 250 bbls. copperas
at 71c. ; 80 acetate lime on private terms ; 25 cases oil
lemon, on the spot and and to arrive, on private terms ; 6
casks cream tartar at 28j to 281 c. gold; 200 kegs bicarb.
soda at $6,44; 200 tons soda ash at $2l to 24 ; 100 drums
caustic soda 4k to 51c., and 15 do. at 4k to sfc.
DYE WOODS.—The market is dull and heavy. Of log-
wood there is a large stock ; the demand is light and
freights so high that exports are unprofitable. The cur-
rent quotations are $l7 to $l9, currency, for St. Domingo,
and $l4, gold, for Jamaica.
GUNNY BAGS.—There is a fair inquiry at full prices; 500
bales in Boston were sold at 18} to 19c.; and 200 bales
here at 19c.

GUNNY CLOTH—The market is in the same position. The
sales are unimportant.
HAY—Is unchanged ; sales are making at $1,05 to
$l,lO for, shipping, and $1,20 to $1,35 for retail qualities.
HEMP—The market for all qualities is very dull. Former
prices are demanded. Manilla, 101 gold.
HOPS—The market is quiet. The brewers continue to
supply their pressing wants at about former prices. We
quote American at 15 to 60c, and Bavarian at 30 to 45c.
IrtoN—Scotch Pig—The trade is still confined to job-
bing lots at $3B for Eglinton and $4O for Glengarnock ;
25 tons Clyde were sold at $37,50. American bas been
sought after to a large extent ; the sales since our last foot
up fully 10,000 tons, for delivery all the year, at $33 to
$35. The Thomas Company are now out of the market at
these prices. Another lot is reported of 1,000 tons No. 1 to
No. 2 for early delivery at $32 to $34.
LATHS—The market is quiet. We quote Eastern at $3,
3 months.

LEAD —ls at 61 to 61c., gold, for ordinary foreign.
NAVAL STORES.—Crude Turpentine.—We have to note
the sale of 100 bbls on private terms. Spirits Turpentine
—There is a still a deal of excitement in this article, and
sales are noted at a larger advanse ; 50 bbls., merchantable
order, to arrive, were sold at 61c. ; 120 bbls. do., on the
spot, 61/c ; 23 bbls. do at 601 c. ; 10 bbls. do. at 63c. ; 10
bbls. do at 65c., with a disposition to sell small lots only
even at the latter price; for bonded lots 53c. is bid, with
sales of 300 bbls. on private terms. Rosins—A slight ad-
vance on former prices is freely bid for common and
straiuo grades, without leadiug to much buguoge ; No, 1

r 43 • •
Pu • . 4
SECURITIES. s••
American Gold
U.S. STOCKs.
ss, 10-40 yrs
Os, '67
6s, '6B
Gs, '6B
ss, 10-40 yrs. coup. .... 1041 ... 104/ 1041
Os, 'Bl coup. 111/ 1111 1111 1111 111 ...
6s, 81 reg. ... 1101 1111 ... 11l
6s, '62, 5-20 years ...coup ... 1111 ... 1101 1111 111
Cs, '62, 5-20 years reg. 1081 1081 ... 1081 108
6s, '64, 5-20 years ...coup. 1091 1111 109 ... 10941091
6s, '64, 5-20 years reg. ...
6s, '65, 5-20 years ...coup. 108/ ... 109 i 109/ 110 1101
6s, '65, 5-20 years new
issue lOB ... 1071 1071 ...
Gs, '67, 5-20 years new
issuo lOBl 1071 ... 1071 1081
7-30 Tr. Notes, Ist Series
7-30 Tr. Notes, 2d Series

jlO7l
.071

NEW YORK, Jan. 29.
COST OF FREIGHT AND INSURANCE TO. CORK AND
LONDON.

No. IWheat 698 4d to 70s 2d per 4801bs O.&F. to Loud. f.o.b.
Do. No 2 66s 7d 678 4d 1,1, 17
Maize, old 42s Od 42s 3d „ „ „
77 new 41s Od 41s 3d „
Petroleum is 24d 0. F. &I. to Cork '
f.o.b.
Naphtha ... is Od ... If 71
Spir. Turp 27s Od ... 11 11
25810 d
Tallow 4ls 6d 41;1:1d ", London.
Lard 4Bs 2d 49s Od ~'
Oil Cako £lo 6s 5d to £lO 98 10d C. &P. to London.
Lard Oil £56 5s Od

from hero.
Wilm.