The Sun.
London, England, 1868-07-07 00:00:00

MARKET

AND

COMMERCIAL INTALLIGSNUL,

CITY, Two O'CLOCK.

The leading feature in Stocks and Shares is the
continued and apparently bona fide demand for foreign
bonds. A large business is being done on Continen-
tal account. New Spanish, Italian, and Turkish are
in chief. request, but the price of the last-mentioned
is not now so firm as at the opening. The New Bus-
aim Loan, which is now closed, stands at 2k to 3
Vem., and the other guarantees are also higher, Orel-
itebsk and Nicolai having advanced 1 to k per cent.
respectively. The funds are flat upon realisations for
the settlement, and other English securities are more
or less neglected.
The Money Market is quiet, with a moderate busi-
ness at tl,- per cent below the Bank rate.
The Funds are dull, at last night's closing prices.
04osols are quoted at 94.4 to 95 for money and
account. New and Reduced Three per Cents.,
941 to 944 ; India Five per Cents. steady, at
1142 to 115/ ; Bank Stock, 240 to 243 ; Exchequer
Bills, 15s to 20s prem.
Foreign Stocks are generally better. There is an
active demand for New Spanish, Italian, and Turk-
ish, at an advance of /to / per cent. The quotations
are respectively, 37/ to 37/, 53a to 53k, and 412 to
42. Mexican Bonds are steady, at 15i to 16k ; Greek,
13& to 132 ; Egyptian (1864), 82 to 83 ; Peruvian,
81i to 82/ ; and Honduras, / prem.
Russian Railway Bonds are firm. The new loan 111
2i to 3 prem., and there is an advance of in Orel-
Vitebsk, at 841 to 84 and of kin Nicolai, at 65/ to
654,
American Securities are not quite so firm. United
States 5-20 Bonds are / lower, at 73k to 73/ ; Erie
Shares unaltered, at 45/ to 461: ; Illinois 1014 to 102.
Atlantic and Great Western Railway Debentures
have improved to 294 to 30, and the Consolidated
Mortgage Bonds to 35 to 35k.
English Railway Shares are quiet, and prices
show little or no change of importance. Great
Northern is k better, at 1014 to 102 k, and an
itoprovernent of k has occurred in the follow-
ing :—Great Eastern, at 36/ to 362 ; Great Western,
at 491 to 492 ; and London, Chatham, and Dover
at 191 to 192. On the other hand, a decline of kis
established in Great Northern (A) at 94 to 94/ ;
Manchester, Sheffield, and Lincolonshire at 41 to
414 ; Metropolitan at 113 to 1134 • and Caledonian
at 72 to 72/. Lancashire and Yorkshire: is steady at
1272 to 128/ ; Midland, 1042 to 1051 ; South Eastern,
73 to 74 ; London and North Western, 113 k to
114 ; London, Brighton, and South Coast, 512
to 521.
In Foreign Railways Great Luxembourg is dull, at
12 to 12k. Lombardo-Venetian steady, at 16k to
IG.
Great Indian Peninsula Railway New Four per
Cent. Debenture Stock is 96 to 97.
Colonial Government Securities are steady. Canada
6 per Cents. is inquired for at 101. to 103 ex div. ;
ditto
5 per Cents., 90 to 92 ; Mauritius 6 per
Cents., 102 to 104 ; New South Wales 5 per Cent.,
98 to 100 • New Zealand 6 per Cent., 110 to 112 ;
Queensland 6 per Cent., 106 to 17 ; Victoria G
per Cent., 111 to 113.
Rank Shares continue very dull, and the only fea-
ture
is a further decline of / in London Joint Stock,
Which is quoted at 314 to 32; ; Agra (A) is marked
at 11 to 12 ; Alliance, 114: to 10k dis. ; Anglo-
Austrian, 42 to prem. ex div. ; Chartered Mer-
cantile, 28 to 29 ; Consolidated, 4,1 to LA ; Imperial,
to 19 ; Imperial Ottoman, 1 to 1/ prem. ex
; London and County, 494 to 50/ ; London and
Westminster 69 to 70 ; do. New, 46k to 47/ ex
interest
32k to 33i,
; Oriental, 42k to 43k ; Union of London,
Finance Shares are without change and the deal-
legi are merely nominal. Credit Foncier is quoted at
3 10 3A- ; General Credit, 2/ to 2k dis. ; International
Finance, 1 7-16 to 1 5-16 dis. ; and London Finance,
22 to 20 dis.
Cable Shares are depressed, upon the concession
granted to Mr. Reuter. Anglo-American at 21 to 211,
clinea,re lower • and Atlantic Telegraph, at 42, have de-
d *.
15114.11C18:3123 Bay Shares are unchanged, at 15i to
In Foreign Mining Shares there is little or no busi-
;l,ess doing. St. John del Rey remains at 19/ to 20 ,
,ts'ort Philip, 1/ to 12 ; Chontales, 2/ to g; and
ssa
Grande, 7-16 to 9-16 prem.
There were no bullion operations at the Bank of
England yesterday. •
The Hermann has brought £69,000 from New York
in specie.
The Lion Brewery Company have declared an
interim dividend at the rate of 6 per cent. per
Mr. Wilkinson was this morning set at liberty.
Mr. Banes and Mr. Waddell, the liquidators of the
"rive Estates Company (Limited), have made a call
of
15 per share, payable the 16th inst.
nllliiltturday's letters, from France, state that the corn
districts that day were but indifferently supplied from
cts where the harvest was in progress, but the
w,demand was nv. Prices, however, were still giving
,'y• The Bordeaux telegraphic ad vices state that the
ILttity of the yield in that district was less satis-
factory. than the quality, which is excellent.
:40 Hied as being
scribed
metal markets of Holland and Belgium are de=
dull. The dead season was on, and
b..hli.siness of importance was expected in July. The
eunurog of locomotives appeared to be almost sus-
fllrn aedt *SerOaienlgy. two were in progress at Conillet, and
the
An English company had obtained
contract for the construction of an iron bridge over
ta eroo
he Meuse
_at Crevecceur, for 538,800 florins, against
d deal of Belgian competition.
The commercial public of Europe will learn with
satisfaction
that the French Government has granted
a concession to Baron E. Erlanger and Mr. Reuter to
laa s-
,r-lan4"Cl work a submarine telegraph cable between
ce and the United States. The success of the
ofti Atlantic cable rendered such a concession only a matter
those on the part of France, whose relations like
Uniteedef the entire European continent with the
(t)lgntown.
States are extending as rapidly as
fore The concession is exclusive for
y years. Some time must necessarily elapse be-
_per acwork of such magnitude can be in complete
much° t ion ; but since the Atlantic lines were opened
experience has been gaitted alike in making,
laying, and working submarine cables ; and the gene-
ral efficiency with which Reuter's Telegram Company
has
of been administered in the collection and circulation
intelligence is a guarantee that American news
will hereafter be given to the public as it ought to be
given, while private messages
will be [conveyed at rea-
sonable charges.
The British Shipowners'
• •
Company (Limited and
Reduced) have declared an interim dividend at the
rate of 10 per cent. per annum.
Paris letters state that nothing is yet heard as to
the day when the new loan will bebroughtoffered,
or.
of the terms on which it will be
urged t fix
e,
Fthe-
nance Minister, M. Magne, is being
price not higher than 68 or 69, lest the-Statee, in the
event of any further necessity to pledge the public
inferior
terms,
should be obliged to consent to
terms,
The South Eastern Railway receipts for the past
week show an increase of £1,745, and those of the
ii-lcknow and Cawnpore line of the Oude and Rohil-
:411/1d- Railway for the week ending the 24th May
.t an increase of £l4O is 3/d, the total being
13 8s 6d. The traffic receipts of the Buenos Ayres
Great Southern Railway for the week ending May 10
snow an increase of X 134 as compared with the cor-
responding period of 1867

BUTIIIIII ITIDB--TWO O'CLOCK.
GOVERNMENT FUNDS.
8 per Cent. Consols - 5
Ditto for Account, July 9
3 per Cent. Reduced 941 -1f
No v 3 per Cent
New per Cont. an. 1894
Do-2 5 per Cent. J
Jan. 1873
A inuities, 30 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 l2 9-16
Domed Sea Telskraph), Aug., 1908 —
Eloer Bills, £l,OOO, 2 per GI l9 I
1)o.
-£5OO
Do.
£lOO ,St £2OO —
Bno. of England Stock, 4ip3r• Cent 244 2
D Account
INDIAN GOVERNMENT SECURITIES.
India stock, 104 per Cent., AprillB74 ... 212
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enlaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
DO. 5t per Cent., May 1879 •
Do spor Cent., Rup. Deb. 1872 —
Do. do. 1877 —
Do. do. 1882 —
11,. Deb., 5 per Cent., Aug. 1873
Do. Coeds, 4 per Cent., 41,000
1)0. under £l.000

FO:IMIGN FUNDS—TWO CLOCK.
Ar ;entitle Rept:lic, 6 per Cent
Au ,irian Bowls, 5 per Cent. 1859
iirt4ilian o per Cent 9J X(
73. 4f per Cent., 185-2
Do. do. 1858
Do. do., 1810
D. ' do., 1863
Dj. 5 per Cent., 1865
, 'Jo Account 76} 7]
-1-, eaos byres 6 per Cent —
1),.) 2 per Cent. (Deferrld 3 por Cont )
1-1
..liiK, 6per Cent.
0 an 6 per Cent 7u
Do. lf per Cent , —
'Jo. 6 per Cent., 13 .„„
Dce 1867
be„ 7 per ,Cent., 1866
1)0•1 Scrip £
per 32 paid
0 , nibian' 6 Cent.
I).
•
wish. 3 per Cent, 1825... .....
b-Lunbi'an Principalities, I ler Cent 7l i