The Sun.
London, England, 1868-03-25 00:00:00

NONEI MARKET

AND
COMMERCIAL INTELLIGENc tt,

CITY, Two O'CLOCK.

The tine bracing weather ana an increasing confi-
dence in the result of the present Parliamentary crisis
have conspired to make the stock markets wear
a cheerful aspect. The business doing remains
very limited, and this morning it is further
restricted by the members of the Stock Exchange
being engaged in electing the Committee for General
Purposes. The leading features are an active demand
for Turkish Stock amongst Foreign Government
Securities, and the firm tone of railways.
The discount market is active at 2 per cent., the,
inquiry being stimulated by the usual revenue pay-
ments before the close of the quarter.
The failure is reported of Messrs. Fordan and Com-
pany, of Port Elizabeth, for £60,000.
The Liverpool cotton market is firmer.
At Mark-lane the corn market is firmer with more
inquiry.
The Funds are without movement, but on the
whole, are firm. Consols remain at 93 to 93k for de-
livery, and 93i for account. New and Reduced
Three per Cents., 91k to 92 ; India Five per Cents.,
114 to 111 ; Exchequer Bills, 9s to 14s prem.
The Foreign Stock Market continues firm, but
without much business. Turkish and Greek are in
bood request, at an advance off per cent., the former
eing quoted 334 to 34, and the latter 124 to 13.
Mexican Bonds are better, at 15Ir to 16 ; and Vice-
roy's 7 per Cents. at 73i to 74. Egyptian (1864)
Bonds are lower, at 864 to 874; New Spanish are
rather dull at 35R- to 33k ; Italian (1861), 47f to 474 ;
Portuguese, 4to prem.; Viceroy's 9 per Cents., 89}
to 89/ ; and Orel-Vitebsk, 79f to 79g.
The certificates of the Foreign and Colonial Govern-
ment Trust are at 11 to 14 prem. with strong buyers
at times at If prem. ; the subscriptions have varied in
amounts from £lOO to £50,000 all fully paid-up. A
Very great and important number, however, of the
whole applications have been for amounts of between
215,000 and £30,000.

In American Securities United States 5-20 Bonds
are steady, at 72} to 72g. Erie Shares are 5 lower,
at 455 to 465 ; and Illinois f, at 894 to 905.
English railways are firmer, with a fractional re
covery in several descriptions. Great Northern A
are higher, at 100 to 1004 ; and there is an advance
of 5. in South Eastern, at 725 to 73 ; in London eind
North Western, at 1142 to 115 f ; in Great Eastern,
at 32 to 325 ; and in Great Western, at
464 to 47. Midland are scarcely so firm,
at 105 to 1055, nor Caledonian, at 795 to 804.
Lancashire and Yorkshire are without change, at
125 k to 1252 ; Great Northern, 104 to 105
Brighton 48k to 49f ; Sheffield, 43 to 434 ; and
Metropolitan, 1145 to 115.
The new issue of Metropolitan District Stocks ie
firm, at lf to 12 preen.
Foreign railways are dull. Lombardo Venetian
Railway is 5- worse, at 14i to 154 ; Luxemburg, 81
to 9.

In Bank shares little or nothing is doing. Union
of London is 4 lower, at 324 to 335 ; other prices are
unaltered. Alliance, 134 to 125 dis. ; Imperial Otto-
man, f dis. to par. ; Anglo-Austrian, 35 to 4 prem.
Agra (A. shares), 10 to 105.
Finance shares are extremely quiet, General
Credit is 5 lower at 2g to 21 dis. ; Credit Foncier, ti
tet 35 ; International Finance 2 to 15 die.
Foreign Mining shares are steady. St. John del
Rey is quoted at 18 to V ; Port Philip, 1 to 1 ;
Chontales / to 4 dis.
Miscellaneous Securities are in little demand, bul
prices generally are firm at previous rates. Anglo-
American Telegraph is quoted at 215 to 22 ; Atlantic
Telegraph 8 per cent., 5 1.16 to 5 3-16 ; Hudson's
'Bay, 145 to 14g.
By some unexplained circumstance, the Cape
_ mails
were left behind at Devonport last night. They are
expected at Paddington by six o'clock this evening,
and will consequently be either delivered late this
evening or to-morrow morning, thus causing a day's
delay.
The Peninsular and Oriental Company's steamship
Geelong was reported at King George's Sound on the
6th ult., en route to Melbourne with the London mail
of the 26th December.

About £64,000 in sovereigns were yesterday taken
from the Bank for export to Alexandria.
The Hansa takes £63,000 in foreign gold ooin to
New York for Havana.

The Roman, from the Cape of Good Hope, hat
brought £2,000 in specie, and the Weser, from Neu
'York, .£3,000.
The Bank of Holland has reduced its rate of die.
Count from 3 per cent., at which it was fixed on the
81st of January, to 2i per cent.
Two loans have been introduced in Belgium.
One is a commercial loan of £600,000 sterling, 01
15,000,000 f. in 150,000 obligations of 100 fr. each
bearing 3 per cent. interest, redeemable in sixty-six
Years by quarterly drawings. The price of issue is
91f. 50c. if paid up by instalments, and 90f. 50c. ii
paid up at once. The loan is intended for a number
Of cities and communes. The contractors are the
Societe Generale of Brussels, and Messrs. Rothschild
Brothers, of Paris. The other loan is the one for the
city of Liege, for £474,800 sterling, or 11,870,000 f.,
in 118,700 bonds of 100 f. each, bearing interest at
the rate of 3 per cent. per annum, and redeemable in
66 years. The issue price is 91 if paid up at once,
and 92 if paid by instalments. The subscriptions
10r both loans were opened on March 23.
The London, Asiatic, and American Company,
Limited (per T. Wiggin and Co.), have notified that
they will be prepared to pay, on and after the Ist
roximo, the coupons of the Pennsylvania Central
Itailroad Company's Six per Cent. Seoond Mortgage
Sterling Bonds, and of the Philadelphia and Erie
Railroad Company's Six per Cent. Sterling Bonds,
due Ist April next.
The ordinary general meeting of the Brighton Hotel
Company has been called for the 30th inst., to receive
the directors' report and statement of accounts.
The half-yearly meeting of the Imperial Gas Light
and Coke Company has been convened for the 9th
The stocks of produce in London, as a rule, con-
tinue to compare unfavourably with the quantities
held this time last year. The principal exception
is cotton which shows an increase of 21,468 bales.
There is also an increase of 859 packages of cassia
lignea, of 581 of clove stalks, of 5,536 bags of
Cochineal, of 4,154 of cocoa, of 5,629 tons of coffee,
of 122 tons of white pepper, and of 885 casks of
tallow. The stock of jute shows an increase of
34,155 bales ; cassia buds, 82 packages ; cinnamon,
4 packages ; cloves, 2,462 packages ;
1;162 chests, and 599 serons ; lac-dye, 1,306 chests;
Inace, 183 packages ; molasses, 2,398 casks ; nut-
megs, 734 packages ; pepper, black, 1,180 tons ;
Pimento, 5,853 bags; rice, 2,443 tons; saltpetre
2)543 tons ; sugar, 12,840 tons.
The traffic returns of the Bombay, Baroda, and.
February India Railway for the week ending
-rebruary 1, show an increase of £321, and the
receipts of the Metropolitan Railway, for the week
ending the 22nd inst., an increase of £609, as corn-
bared with the corresponding period of last year.
The traffic receipts of the Great Luxemburg Railway
for the week ending the 22nd inst. show an increase
°l' £978, as compared with the corresponding week
t last year.
The traffic receipts of the Cape Railway for the
month of January show au increase of 4501, as 6oBi•
Pared with the corresponding month of last year.
ti The following is Mr. Sam Mendel's report of yesbsr.
I.tf B Manchester markets :—" The demand since het
ith inst. has been on a very limited 'scale, and do
ti3lltintleS to-day. In prices there is not much reduf
to be obtained, yet the pressure to sell has become
more marked,"
The receipts of the Illinois Central Railway eofc-
.
tIY for the month of February show a deCrOASS 04
Df13222, as compared with thi corresastptipilkivalth
Year.

BRITISH FUNDS—CLOSING PRICES,
I OOTERNMENT FUNDS.
Per tient. Consols
I 1:30. Account, April 2 —
bier Cent. Reduced 9li
•qe,....,
44" 0 per Cent 9l 21
rlv 2f per Cent. Jan. 1891 75
44'0. 6 per Cent. Jan. 1873 —
11.41nities, 80 yrs, expire sth Jan., 1880 —
'-i,,,e• for 30 yrs, expire sth April 1885 —
~'''? (Red Sea Televaph), Au,..., 1908 2Ol
'..C4equer Bills, £l,OOO, 2 per Ct.
Do £5OO —
lik LI)o. £lOO & £2OO —
--114' Of England Stock, 4i- per Cent —
-"'°. Account
Itkd• INDIAN GOVERNMENT SECURITIES.
t,"la stock, 10f per Cent., April 1874
''C'' Account
1)0
ils. 5 per Cent..fuly, 1880
13' 4 per Cent., Oct. 1888
0. Certifie•ttes
IDc)% Enfaced Paper 4 per out
87f
* 5 per Cent Jan. 1872 103 I
___

D 0 spe 61- per Celli Mp. a Deb ~ 918.1 108!
r Cent., Ru.
Do. dn. 1877 _-
h. Do. do. 1882 —
p
-'• Deb,, 5 per Cont., Aug. 1873
°. Bo A 5 r Cont., £l,OOO
J. n"s, pe 33 pm
". under £l.000
dre, rOREIGN FUNDS—CLOSING PRICI S.
4.4telltine Republic, f; por Cent: —
/14411411 Bonds, 5 per Cent. 1859
fpda.ii 5 per Cent —
j5°.11 per Cent., 1852 —
11°° per Cent., 1852
b 0 do lB5B —
-; d " bo. 0.. 18 ;0
b do., 1863 645
14). 6 Per Cent., 1865
)344 Account 721 -3 i i
1,1,(), Ayres 6 ppr Ci‘nt
tlb.; `„Per Cent. (Deferred 3 por Cont )
B4.:1 0 per Cent.
10141; 6 Per Cent 67
b • 11 per Cen —
°'
6 Per cent., B •. -..t.