The Sun.
London, England, 1868-01-25 00:00:00

210NkJY MARKET

AND

COMMERCIAL INTELLIGENCE,

CITT, Two O'CLOCK.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were
GBf. 37c.

The Funds remain stationary in price, yet with a
moderately firm tone. Railways are maintaining
yesterday's prices, especially Sheffield, Brighton,
Caledonian, and Metropolitan Stocks, butbther de-
scriptions are in some cases a point or two lower
from the absence of business. The foreign markets
are firm, and some descriptions are quoted at an
advance of to i per cent.

The Discount Market is without the slightest ani-
mation. Supplies are far in excess of the demand,
and the best bills are readily taken at 11 to per
cent.

Consols are without change, at 92i to 93 for
money and account ; New and Reduced Three per
Cents., 93 to 93i ; India Five per Cents., 112 to
1121 ; Bank Stock, 242 to 244 ; Exchange Bills,
235. to 275. prem.,
_ _

Foreign Stocks are firmer, with a steady demand
for investment. There is an advance of in Greek,
at 121 to 121 ; and in Peruvian, at 744 to 751 ;
and of k in New Spanish, at 351:t0 35i ; in Italian
(1861), 42k to 42.1 ; and in Turkish (1863), 31f to
; and Portuguese, 21 to 2-1 prem.

Tho New Honduras Loan is to 1 prem ex
Coupon.
-

Egyptian 9 per cent. Loan is steady at 891 to 90.
American Securities are steady. United States
5-20 Bonds are quoted at 71j. to 72/ ; Erie Rail-
viay, 481 to 491; Illinois, * better, at 851 to 861.
Atlantic and Great Western Railway Deben-
tures are quoted at 241 to 25. The Consolidated
Mortgage bonds have receded I, to 231 to 24.
Metropolitan Railway shares have recovered the
sudden fall which took place last night. The present
price is 117 to 1171. There is also a recovery of in
Sheffield, at 44/ to 45} ; of 1 in Brighton, at 471 to
474 ; and in Caledonian, at 76 to 761 ; of /1 in
Great Eastern, at 30/ to 31. Otherwise the market
13 heavy. Thera is a fall of lin Midland, at 104
to 1051 ; in South Eastern, at 681 to 68! ; in
Great Northern A, at 109 to 110 ; and in Great
Western, at 461 to 46. i ; of j in London and North
Western, :at 1171 to 1171 ;of in Lancashire
and Yorkshire, at 1251 to 1251 ; and of if in Chat-
ham, at 18 to 181.

London and County Bank shares are 10s. better,
at 54 to 55 ; London and Westminster are 10s.
lower, at 71 to 72.

Credit Foncier shares are 3} to 3f.

CITY, TWELVE O'CLOCK.
Twenty-four thousand sovereigns were yesterday
taken from the Bank for export to Alexandria.
The English prospectus of the Hungarian Railway
Loan, the full particulars of which we have already
given, was issued late last night. Subscriptions are
invited by the London and County Bank on Tuesday,
Wednesday, and Thursday of next week.
The half-yearly meeting of the Royston and Hitchin
Railway Company has been convened for the 13th
February.
The ordinary general meeting of the Oude and
Rohilkund Railway Company has been called for the
sth February, for the transaction of the general busi-
ness of the company.
The Ebbw Vale Company (limited) have issued a
circular announcing that the directors have made ar-
rangements whereby the call of £2 lOs per share,
which it was expected would be required in February
next, will not be made. It will be remembered that
this was the second moiety of the £5 call, notice of
which was given in March last. Although the iron trade
is worse than it has been for 25 years, this company
has earned a small profit for the six months end-
ing_ September last (and the December quarter
shows a similar result), but owing to the continued
depression in the trade the directors consider it more
advisable and more to the interest of the company
to defer declaring a dividend for the present. The
directors are taking counsel's opinion as to the best
course to be pursued to carry out the proposed re-
duction of the nominal amount of the capital, and
the shareholders may rely upon their best en-
deavours being used to obtain this desirable result.
The net profits of the East London Bank for the
Past half-year amount to £2,845, out of which it is
Proposed to pay a dividend at the rate of 5 per cent.
Per annum. •
The directors of the Bank of Egypt state that, for
the half-year which ended on the 31st December,
,1807, the net profits, after providing for bad and
uoubtful debts, rebate on bills notyet due, &e ,amounted
to £19,154 4s 6d. This, added to the balance brought
forward from the previous half-year, makes a total of
£27,904 Gs available for appropriation. The directors
recommended that a dividend be declared at the rate
of 10 per cent per annum for the half-year (X 12,500),
and a bonus of £1 per share (X 10,000), both free of
Income tax, payable on the 14th of February, leaving
a balance of £5,464 Os to be carried forward to the
next account.
The net profits of the English and Foreign Credit
company for the past half-year amounted to £5,442 9s,
Including the balance carried forward. The dividend
Proposed is 5s per share, which leaves £2,452 9s to be
placed to the credit of the new account.
The report of Parr's Banking Company states that,
after every reduction has been made, the business of
the half-year shows a profit of £15,568, which it is
Proposed should be disposed of as follows :—To be
to
to Northwich purchase account, reducing it
Le £3,000, £l,OOO ; to be carried to reserve fund,
aking it £14,000, £4,000 ; to pay a dividend for
the last half-year at the rate of 8 per cent. per annum,
free of income tax, £4,000 ; to be carried forward to
the
next account, including provision for one-half of
',lle next instalment due to Messrs. Parr and Co.,
'6,568—.£15,568.
A. meeting has been called of the creditors of
"verend, Gurney, and Company for the 2d February,

Consider the report of the liquidation just issued.
A. remittance of £1,544 9s ld has been received on
account of Ecuador dividends.
The dividend of the Manchester, Sheffield, and Lin-
colnshire Railway Company for the past half year is
at the rate of 2 per cent. per annum.
The directors of the Devonshire Great Consolidated
cooper Mining Company have declared a dividend of
per share.

BRITISH FUNDS CLOSING PRICES.
GOVERNMENT FUNDS.
' Per ()enc. Consols
a 1)0. Account, Feb. 6
oer Cent. Reduced 93 }
;;-,617 3 per Cent 93 }
New 2/ per Cent. Jan. 1894 75
, Do. 5 per Cent. o an. 1873
't—
nnuities, SO yrs, expire sth Jan., 1880.
O. for 30 yrs, expire sth April 1885 —
11 Do (Red Sea Tele}„,raph), Au ~ 1908 2O
—lchocruer Bills, .£l,OOO, 2 Sc2l-6per Ct 23 6 pm
Do
Do £5OO 26 pm
£lO dc
13411 k of 'England Stoco k, 41 p.£200 per Cent —pm
Do. Account
1 INDIAN GOVERNMENT SECURITIES.
lau R.tock, 10f per Cent., April 1874 215 17
"e• Account
p°°: 5 per Cent. July, 1880
'). Do. Certificates
1:o. Enfaced Paper 4 per Cent
p°o. 5 per Cent., Jan. 1872
D 0• ' ser Cent., Ma
up. De y 1879
b.,1872 —S
5 per Cent., R
do. 1877 —
Do.
do. 1882 —
/De': Deb., 5 per Cent., Aug. 1873
,1)°. Bonds, 5 per Cent., .£1000
4'o. under £1,000
g , FOREIGN FUNDS—CLOSING PRICES.
zArric:itt.;:osllepublic, 6 per Cent —
I!alstrian Bonds 5 per Cent. 1859
per bent —
°* I} per Cent 1852-58-60
~
DO, Do 1863
4,0, 5 '
~ per Cent., 1865 -
-,
J.,-,,0 Account 771 8
"0. -£lOO Bonds — nen
T., os A.yres 6 per Cent B5
e ill-1)j 2 per Cent. (Deferred 3 per Cent )
Cull 6
laper Cent
Nn 6 per Cent
o—
-"DO. 4i per Cent —
B„' 6 per Cent., B .
i,".3 , 1867
Ur, i per ,Cent., 1BG6
0 ,i °',SeriP £32 paid
ni _
.ttluiall, 6 per Cent
3)4'1'11. 3 pn7Cent 1825

a.,
übbul-Principalitiem, 7 per Cent —
, o 8 per Cent., 1807 6li 5
.44altyapdtioaruNew Con.lolidated, 1 Pr Gen"
___ I) ' 7 per Cent
_ _
o• SeLood Issue
_
, • , a 01 'Bonds
'Jo. £I.OC Bonds
00 34-.
_ 1)0,
1861
90 -1.„
"n• 15 ,0 Howls
91 I-
Do. £lOO Bonds
92 1
(..11.1c,vt!rn,e,tit Railway
,-,"1; per Cent 1824-5, ex Coups
~
• -.Jo. Account
..
u• Coup •
ons
bo. Account
urtrt ,
-7. i,. . 111a.:1 D per Cent .. ..
itolinlidauraBlG,eorv(.Rf
..,,it1..,1.aain.7p..7 7 Ct £l5O -pm
, 691-
Do. Account . , _
.00 -,-
, • ,laremtnanallaiway _
''')l.leat.
,
thtto for Account