The Sun.
London, England, 1868-09-26 00:00:00

MONEY MAR)KET

AND

COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.

The Markets are firm, but as quiet as they can well
10e. The Funds keep the best price reached of late,
and upon the steadiness of the Continental markets
taere is no alteration in Foreign Stocks, beyond a
decline in Danubian and Viceroy's Nine per Cents.,
and an improvement in Egyptian Government Bonds.
Railways are firm, but without average change.
American Shares are firmer than they were at yester-
day's close, but Erie are 1 lower than when we wrote.
Atlantic Cable Shares are steadier. _ _ .

The rate for Money_ in Lombard-street is 11 to li
per cent.

Consols are firm, at 944 to 94i for money and
account. New and Reduced Three per Cents., 93 to
93 ; Exchequer Bills, 15s to 20s prem. ; India
Five per Cents., 1141 to 114/.
In Foreign Stocks Mexicans are firm, at 14/ to
15i ; and Egyptian Government Bonds are better,
at 861 to 87k. On the other hand, there is a de-
cline of in Viceroy's Nine per Cents., at 95 to
95i ; and of in Danubian, at 791 to 80i ; Greek
Bonds are firm, at 12 to 13 ; New Spanish, 321 to
324 ; Italian, 51 to 511 ; Turkish, 38i to 382 ;
Viceroy's Seven per Cents., 74k to 75 ; and Peru-
vian 78k to 782.
In English Railways, Midland are flat at 1111 to
111, but there is an advance of i in Great Northern,
at 108 k to 108! ;of in Great Western, at 49i to
50 ; and of A in London and North Western, at 1121
to 113 ; in Metropolitan, at 107 to 107} ; and in
Caledonian, at 69 to 691. Lancashire and Yorkshire
show no change, at 128 to 128, ; South Eastern, 78
t) 781 ; Great Northern (A), 109 to 1091 ; Brighton,
51f to 512 ; Sheffield, 461 to 47 ; and Metropolitan,
107 to 107 f.
In American Securities, United'States 5-20 Bonds
are * lower, as compared with the unofficial close of
last night, being quoted at 721 to 72/ ; Erie Shares
and Illinois are each f better, at 321 to 331, and 93
to 931 respectively.
In Foreign Railways Lombardo-Venetian is unal-
tered at 161 to 16,E ; Great Luxembourg, 10/ to 11.
Bank Shares are steady, but the dealings are only
nominal. The following are the quotations :—Agra,
(A), 111 to 121 ; Alliance, 121 to Ili dis. ; Anglo-
Austrian, 6 to 7 prem. ; Chartered Mercantile, 29/
to 30i ; Consolidated, 41 to 42 ; Imperial, 161 to
171 ; Imperial Ottoman, to prem. ; London and
County, 49 to 50 ; London and Westminster, 651 to
66k ; ditto New, 522 to 53f ; Oriental, 441 to 451 ;
London Joint Stock, 31 to 32 ; Union of London, 3-4 k
to 35k.
Foreign Mining Shares are without feature. St.
John del Rey remains 19 to 191 ; United Mexican,
2 to 21: Port Philip, 14 to li ; Chontales, 21 to
21 • Rossa Grande, to prem.
In Miscellaneous Securities the only movement is in
Atlantic Telegraph Eight per Cent., which is 3-16ths
better, at 4 to 41. ; Anglo-American Telegraph,
211 n 211, ex. div. ; Hudson's Bay, 14/ to 15 ;
London General Omnibus, 12 to 1k; Fore-street
Warehouse, var to prem.
The sum of £92,000 in bar gold was sent into the
Rink yesterday.
The failure is reported of a firm Of merchants at
Havana for £1,600,000.
The wool sales closed last evening. 208,205 bales
were catalogued, and 20,000 only were withdrawn.
The Committee of the Stock Exchange have passed
the following resolutions :—" That the Atlantic and
Great 'Western Consolidated Mortgage Bonds ex-
coupons, to be funded from April. 1867, to January,
1871, both inclusive, be quoted in the Official List."
"That the Great Western Original Five per Cent.
Rent Charge Stock be quoted in the Official List."
"That the Original Five per Cent. and Joint Five
Per Cent. Rent Charge Stocks of the Great Western
Railway, being of equal value, be delivered indis-
criminately and quoted as follows :—The Great
Western Original and Joint Rent Charge Perpetual
Guaranteed Five per Cent. Preference Stocks."
At a meeting of the shareholders of the City Offices
Company, yesterday afternoon, the resolutions passed
on the 4th inst. were confirmed. They are four in
number. The first sanctions the conversion of the
premises in Lombard-street into an exchange room ;
the second takes from the board the power to pur-
chase or hire land or other property without the con-
sent of a meeting of shareholders ; the third reduces
the number of directors to four, the minimum to be
three ; and the fourth reduces the remuneration of
the board from £2,000 to £l,OOO per annum, to be
divided as the directors agree among themselves, and
it is provided that when there are fewer than four
directors, it shall be reduced to £750 per annum.
The half-yearly meeting of the proprietors of the
London Gas Light Company has been called for the
14th October.

The share certificates of the new issue of capital of
the General Brazilian Mining Company will be ready
for delivery on the Ist October, in exchange for the
bankers' receipts. _ _

A circular has been issued to the shareholders in
the South-Eastern Railway Company, urging them
to unanimity in deciding that the power to divide
the ordinary stock into two classes—preferred and
deferred shall he exercised. A comparison is
made with the position of the Brighton Company,
to show that it would be advantageous ; and that
the £5O preferred shares would be worth £56, and
the like deferred shares £32i-, making £bB los,
whereas the present price of the ordinary stock
Is only £77. The circular concludes :—" These
calculations will probably convince most of our
shareholders that a real advantage can be obtained
111 market value by the proposed division. Of course
we cannot pretend that to the shareholder who thinks
only of retaining permanently his investment in the
concern the process of division will give any ad-
vautage whatever ; but even to him it will doubt-
less be a gratification to see an improved market
value for his stock." The circular is signed, " Several
Shareholders."
The directors of the Devonshire Great Consolidated
Copper Mining Company, at their board meeting,
held yesterday, declared a dividend of £6,144, being
£6 per share, arising from profits on sales of copper
ores sampled in the months of May and June last. After
payment of the same, there remains in hand a balance of
£15,117 4s 8d in cash, ore, bills not at maturity, and
it/served fund.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
5 per Cent. Consols
Ditto for Account, Oct. 6
Bper Cent. Reduced 93i
New 3 per Cent -
New 2 per Cent. Jan. 1894
Do. 5 per Cent,. Jan. 1873
Annuities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Televaph), Aug., 1908 — xd
Exchequer Bills, .£l,OOO, 2 per Ot l6 20 pm
Do. £5OO
.t. Do. £lOO & £2OO 2O 71
45ink of England Stock, 4 per Cent
Do. opening
Canada 4 per Cent. Bonds —
Inter-Colonial Omni=

, INDIAN GOVERNMENT SECURITIEB.
411clia stock, 10f per Cent., April 1874 216
Do. Opening, for Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888

Do. Certificates —
Do. Enfaced Papei 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 5} per Cent., May 1879 Y.
Do 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —
Do. do. 1882 —
Dv. Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cent., £l,OOO
Do. under £l.000
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
,AUltrian Bonds 5 per Cent. 1859
Joruilia.n 5 per Cent
Do. 4} per Cent., 1852
Do. do. 1858 •.• —
Do. do., 1860 —
Do. do., 1863 —
Do. 5 per Cent., 1865 —
Do Account 76i 6 1
45 -

,ienos Ayres 6 per Cent.
~, Do 2 per Cent. (Deferred 3 per Cent )
(Lilia
uuba, 6por Cent.
n 6 per Cent —
Do. 41 per Cent
Do. 6 per Cent., B —
Do. 1867 ,
Do., 7 per Cent., 1866
r„, Do., Scrip £32 paid
'',3'orabian, 6 per Cent.
Danish, 3 per Cent., 1825
I:44laubian Principalities, 7 per Cent 7ll
Do 8 per Cent
Consolidated,
1867 ... 80f i
ador New 1 per Cent.
'4',3Y ptian , 7 per Cent ••• ----
,1)0 Second Issue ••• .84
-1',,,0. £5OO Bonds
uo..£loC Bonds B2l
Do. 1861
, Do. Account
"0. £sj(. Bonds —
Do. .£lOO Bonds ..... 89
English Scrip, 1868 74
Do do. £l3 pd i 1 dis
Government Railway Debentures
Greg 5 per Cent., 1824 5, ox Coups —
A.eecullt ... ,
ri ill, 00t: AtiC°Cll3Pll3llnt2
... la etuala 5 per Cent
ilt?ndurasGov.Rail.Loan., 10p. Ct., £25 p 881 i t 8
a_sllan per Cet., 1865 —
k"?"0. Account . _
Ihrommana Railway —
Iticar. 3 per Cent _
Ditto for Account
, Do. 1864 —
le° 13 per Cont. Anglo-French —
buutevideau 6 per Cent. .. _
V:orish imperial 5 per Cent
•4 W Granada _
,0 per Con,
N"0- Deferred
Laud Warrants (Hectares)