The Sun.
London, England, 1868-03-30 00:00:00

MONEY XARICE

AND
COMMERCIAL LNTELLIGENCS,

CITY, Two O'CLOCK.

Ttfrf .ortnightly settienient, is lamely engaging the
intention or 4perators, anu until after its completion
(to-morrow a'f'ternoon) rite market will be subject to
Conflicting influences irom tnis source. The principal
movements are in foreign stocks and railway shares.
Caledonian opened exceedingly heavy upon speculative
sales, the .Pro price being a per cent. lower ; there has
since been a slight recovery. Great Northern continue
to declinp, nut Great Eastern and some others are
firmer. Egyptian. among foreign stocks, have chiefly
fluctuated i'ins market is altogether unsettled for the
imo shares are flat
The demand for money is scarcely so active as it
was during the early part of last week, and exceptional
business 16' done at 17- per cent. The supply has in-
creased.
The Liverpool Cotton Market It very excited, at
en advance oc 'd The sales are expected to be 30,000
bales.

English "Wheat p 111 lbod demarM, at an advance
of is per quarter.
Consols are steady at Saturday's prices, being
quoted at 93 to tor money and account ; Ne,v
and Three jeer rents , 9176- to 92 ; India
Five per is. are hem at 114 to 11 being
better ; and ExeliLquer Bills, 1 per cent. higher, at
7s to 12s prem.
The market for Foreign securities is unsteaily. Tho
principal movements are in Egyptians, which are
again lower. The 1864 and the Railway Loan are
both A lower, being marked at 85. E to 86. k and 88,k to
89 respectively, and the Viceroy Seven per Cent.
Loan 1 worse at 88.1: to 88'1. On the other hand, the
Nine per Cent. Loan is k better at 72/ to 72/ ;
Greek are firm, at 12 to 13, being higher ; New
Spanish Three per Cents., flat at 354 to 35 ; Italian,
steady at 48 to 48.1 ; Turkish (1865), 331 to 33f ;
Peruvian (1865), 78 to 7:9 ; Portuguese, k to I prem. ;
Mexican, 15fr to 16.
The certificates of the Foreign and Colonial Go-
vernment Trust are quoted 1 to 1k prem.
The New Honduras Loan is steady, at to 11
prem.
In American Securities _United States 5-20 Bonds
are * lower at 71i to 72;13- ; Erie Shares firm, at 47
to 49, being 1 per cent. higher ; while Illiuois ate
lower, at 89 to 90.
Atlantic and Great Western Railway Debentures
have receded k, to 26 to 28 ; but the Consolidated
Mortgage Bonds have farther improved /, to 30
to 30A.
Caledonian Railway shares opened at 72, being
a further fall of 5 per cent. since Saturday's close.
The present price is 72k to 73, being a slight recovery.
Great Northern A are I lower at 97, but the
Original stock is without change at 103. There
is a fall of in Sheffield at 42k to 431 ;
and of * in Lancashire and Yorkshire, at 125/
to 1251 ; in South Eastern, at 73 to 73k ;
in Great Western, at 48/ to 48/ ; and in Brighton at
491 to 501 ; Midland are quiet at 104 i to 105 ;
London and North Western, 1141 to 114 i ; Great
Northern, 102 fr to 103 k ; and Metropolitan, 114
to 114 k.
- The new Metropolitan District Stock is 2 to 3
prem.
In Foreign railways, Lombardo Venetian Railway
is higher, at 15 to 15/ ; Luxemburg quiet at
9 to 91.
Bank Shares are rather dull, and in some cases
prices are lower. Chartered Mercantile is A worse, at
28 to 29 ' • and London and County, and Union of
London, also each k lower, being quoted 50fr to 511,
and 30k to 31k respectively. On the other hand,
Imperial Ottoman is k better, at -1-to prem. ; Agra
(A) steady, at 10 to 10k ; Alliance, 131 to 141 dis. ;
Anglo-Austrian, 4 to 45 prem. ; Consolidated, 4a to
to 4, ; Imperial, 17 to 17A ; London and West-
minster, 67 to 68 ; Oriental, 42 to 43 ; London Joint
Stock, 31 to 32.
In Foreign Mining shares St. John del Rey is
better, at 20 to 22 ; Port Philip steady, at 1/ to
111 ; Chontales, 1i to 14- dis.
Miscellaneous securities are quiet, and prices
generally are without change. Anglo-American Tele-
graph, 21.11 to 221 ; Atlantic Telegraph, 5i to 5/ ;
Fore-street Warehouse, 2/ to 2/ dis. ; Hudson's
Bay steady, at 14/ to 141 ; London General Omnibus,
1/ to 2.

The Board of Trade returns for the month and two
Months ending February 29, were issued this morning.
The declared value of the exports for the month was
£14,340,979 against £14,446,072 in February, 1867,
and £15,116,063 in February, • 1866. For the
two months the respective values are £26,593,667
in 1863 ; £27,232,914 in 1867 ; and £29,470,811
in 1866. The imports are only given for the month of
January, and they were to the value of .£9,477,083 in
1868; £10,063,066 in 1867 ; and £10,394,443 in
1666. During the two months the import of specie
amounted to ..E4,040,0fi.-: ; nn d th. .yymt. ra
£4,178,224.
The Douro has arrived with £110,12) in specie
from the West Indies. The Pera, from Alexandria,
brings £3,119 in specie.
United States' gold coin to the value of £3,000
Wats withdrawn from the Bank on Saturday.
The annual meeting of the _Royal Mail Steam
Packet Company is called for the 29th of April.
A remittance of .E. 300 18s 10d has been received nn
account of Ecuador dividends, and of £10,400 on
account of New Granada dividends.
The committee of administration of the Atlantic
and Gre,,''.7- Western Railway have received by this
Morning's mail the opinions taken in America on the
question of the relative priority of the Certificates of
Debenture and the Consolidated Bonds. The autho-
rities consulted were the three leading lawyers of the
states of New York, Pennsylvania, and Ohio, viz.,
O'Conor, Judge Black (late Attorney-General,
United States), and Judge Ranney, and their several
Opinions affirm most decidedly the view originally
taken by the committee, that the Certificates of Deben-
ture create no lien upon the property ; and that,
eXcept so far as these are secured by the Divisional
bonds deposited at the Bank of England, the Conso-
lidated Bonds have priority over them. A full state-
ment will subsequently be made to all classes of cre-
ditors.

The dividend of the Great Western Railway Com-
pany of Canada for the half-year ending with the 31st
of January is announced at the rate of 4i per cent. per
annum, leaving £3,000 for renewal of ferry steamers,
and £2,725 6s 5d to be carried forward.
Alter payment of all preference and guaranteed
interest the net balance of the Great -Luxemburg
railway Company for the six months ending for the
Pest half year amounts to £21,032 13s Bd, out of
'which a dividend is declared of 3s Gd per share.
This will allow of £1,048 12s ld being repaid to the
Belgian Government, and of £2,484 is 7d being
carried forward.
The culls due in April, as far as the particulars
have transpired, amount to £660,510.
A dividend of 3d. in the pound is announced to be
payable on the 31st inst. to the creditors of the late
banking firm and naval agents of Strahan, Paul, and
bates, of the Strand.
The following are some of the rates of continuation
current in the settlement now iu progress :—" Cale-
donian, ±to back, closing 4- to ± ; Great Eastern, is
to 2s contango, closing even to is ; Great Northern,
to ditto ; ditto A, to g ditto, closing kto con-
tango ; Leeds Stock, even to k back, closing about
even ; London and North-Western, to ± contango,
closing 1-16 to 3-16 contango ; Midland, even to k
contango, closing 1-16 to 3-16 ditto ; Metropolitan,
k
even to back, closing to ± back ; Dovers, to I
contango ; Sheffields, • 1-16 to 3-16 contango ; North
tritisli, 1-16 back, to 1-16 contango ; Great Western
of Canada, 6d. to 9d ditto ; Grand Trunk of Canada,
Dd to is 3d ditto ; Brighton k to ± ditto ; Great
*Western, to contango."
The officially reported exports of specie during the
week ending the 25th instant amounted to £358,444,
and the imports to £326,368, showing a small balance
of £32,076 against the stock held.
The following mining dividends have been declared
`luring March

()Nat Luny -
Per share. Amount.
£0 10 0 bevou great Consols
7,168 0 0
QwYudy Iron 0 2 0
rinereat Wheal Vor
raft
t,rurapet Consols 0 10 0
..wheal Mary Ann ........0 17 6
%t Pool
South Frances 1 0 0
klamillas
rortuna . 0 2 0
Liztares

J Total
... X 33,630 10 0
-3

BRIT IS H FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
Q per Wet. Consols
ti.'-'O. Account, April `)
ter Cent. Reduced 9l-i 2 11
II"' 3 per Cent 9li 2 11-
8,,' 21 per Cent. Jan. 1894 —
4'lo. 5 per Cent. can. 1873
4nuities, 30 yrs, expire sth Jan., 1880 — xd
120. for 3u yrs, expire sth April 1885_,
"0 (Rod Sea Teleh,raph), An.,., 1908,,,
"'Num- Bills, .£l,OOO, 2 per Ct.
Do £5OO 8 pm
):1 D. £lOO & £2OO 8 pm
1)0.
4rik of England Stock. 4} per Cent Shut
Account
Iv. INDIAN UOVERNMENT SECURITIES. 215 xd
"la tock, 10i per Cent., April 1874 ~. 214
D". Account
o
t,
°. • 5 per Cont. July, 1889 -
4 per ent., Oct. 1888 O. Certificates
o
D • Enfueed Paper 4 por Cent BB.
be'. 5 per Cent., Jan. 1872
g' 51. per Cent., May 1879 —