The Sun.
London, England, 1868-02-19 00:00:00

MONEY MARKET

AND
iOMMERCIAL INTELLMMNfTii.

CITY, Two O'CLOCK.

The stock Markets, with some exceptions, are more
cheerful than they were yesterday, though no particu-
lar improvement has been established. The Funds
have recovered a point, and they are comparatively
firm. In the Foreign Market the principal
feature is further depression in Egyptian, Rus-
sian, and Portuguese stocks, while Turkish are
steady and Spanish good. As to railways they are
steady, and Caledonians have improved 2 per cent.
Metropolitan stock has undergone considerable fluctua-
tion upon the refusal of the Lord Chancellor to inter-
fere in the case of the injunction granted by Vice-
Chancellor Wood.
The discount demand is quieter, and the rate for
the best bills is rather lower, at 41, per cent.
Consols are firmer at an advance of being quoted
at 92/ to 921 for money and account. New and
IZetliiced Three per Cents., 93 to 93 ; India Five per
Cents., 111-/ to 112±. Bank stock 248 to 250. Ex-
chequer Bills, 15s to 20s prem.
Foreign Stocks are a shade firmer, with the excep-
tion of Egyptian and Russian, which are very flat.
The 1864 bonds of the forme': are 2 per cent. lower,
at 85 to 86,1 ; the Viceroy's 7 per cent. bonds, 11
lower, at 73 to 74- ; the .9 per cents., 11, at 88 to
83 ;: and the Railway Debentures 1, at 90
to 91. Russian (1866) are / lower, at 88
to 89 • and Portuguese scrip 1, at I prem ex div.
New Spanish are 4 better, at 35 to 30i ; Greek are
12 to 12/ ; Mexican, 151 to 161 ; Turkish, 32k to
321; Italian, 43/ to 44 ; Chilian, 92i. to 93i- ;
Peruvian (1805), 74i to 75i ; and ditto (1862), 91
to 92.
The New Honduras Loan is steady, at to 1k
prem.

American Securities are good. United States' 5-20
Bonds are k better, at 71/ to 72. Erie Railroad, do
to 50. Illinois, 881- to 89.
Atlantic and Great Western Railway Debentures
have receded to 26A- to 271, but the Consolidated
Mortgage Bonds remain firm, at 251 to 2G.
Metropolitan Railway stock was at 110, and imme-
diately fell to 1071, on telegrams that the Lord
Chancellor refused to interfere with the injunction
granted by the Vice-Chancellor, costs to be reserved
to the hearing. There has since been a recovery
to 1081 ; other railways are steady, at the following
prices :—Lancashire and Yorkshire, 127* to 127/ ;
Midland, 1074 to 107/ ; South Eastern, 71/ to 72/ ;
London and North Western, 1184. to 1181 ; Great
Northern A, 1081- to 1093 ; Great Eastern, 291 to
29i ; Great Western, 451 to 452 ; Brighton, 45/ to
1161 ; Sheffield, 42± to 42/ ; and North British, 341
Lo 354- ,• Caledonians are very firm, at 801- to 811_
In Bank Stocks little business is doing. Chartered
Mercantile is A lower, at 28 to 29, but London and
County is 1 higher, at 511 to 521- ex div. ; Con-
solidated steady, at jto prem. ex div. ; London and
Westminster, 671- to 68k ; Oriental, 411 to 421 ;
Union of London, 34 to 35.
Foreign Mining Shares are steady. St. John del
Rey, 20 to 22. Port Phillip, 1± to 11. Chontales,
1 to 1i dis.
Miscellaneous Shares are rather dull, and business
is very restricted. Anglo-American Telegraph is
quoted-at 192, to 191, being k higher. Hudson's Bay
is lower, at 14k to 141 • and London General Om-
nibus is, at 1i to
A further sum of £74,000 in bar gold and sove-
reigns was withdrawn from the Bank yesterday for
export.

The Mexican dollars by the West India packet
have been disposed of at 50d per ounce, showing no
change.
The City of Florence is stated to have contracted a
loan of £720,000 with a French house, at 84 per
cent. ; the price to be par.
The liquidators of the Oriental Commercial Bank
have declared a first dividend of 2s 6d in the pound,
Payable on February 21st and 22d.
The interim dividend of the Australian Agricultural
Company is announced, at the rate of 7 per -cent. per
annum.

The directors of the Agra Bank (Limited) have de-
clared a dividend at the rate of 7 per cent. per annum,
free of income tax, for the year ending 31st December,
1867, on the new capital, or A shares, of the bank.
That
portion of the bank's capital which is represented
y B, or " reserved," shares, will not (in accordance
with the articles of association) participate in the pay-
ment of dividend until after the present year.
The traffic receipts of the Metropolitan Railway for
the week ending the 16th instant amount to
£4,500 148 11d, or an increase of £316 5s 9d. The
Great_, Luxemburg increase is £461 4s 11d.
Ihe increased activity in the Liverpool Cotton
Market has had a remarkable effect upon the receipts
of the Atlantic cables, the receipts for the seven days
of the last week having been as follows :—Feb. 9,
Sunday', £614 ; Feb. 10, Monday, £1,218 ; Feb. 11,
Tuesday, £1,734 ; Feb. 12 IVednesday, £1,793 ;
.„„l'el). 1:3, Thursday, £1,176 ;Feb.' 14, Friday,Xl,6l3;
-reb. 15, Saturday, £1,443 ; total for the week, £9,591,
or at the rate of £1,370 per diem, including Sunday ;
but taking the six working days, an average of
1,496; The average daily receipts, from the open-
ing of the telegraphic line on the 28th July to the
,15th February instant, have been £1,035 ; but from
the Ist December, when the alteration in the tariff
of charges was made, to the 15th February instant,
the rate has been £1,175 ; whilst from the Ist

tinuary last to the 15th instant the rate per day has
been £1,265, thus showing a very large increase of
receipts, and the best possible assurance of the
takings of the future.
Thefollowing is the substance of the Metropolitan and
St. John's Wood Railway Company's Report :—" The
directors have much pleasure in reporting that the line
and stations from the Swiss Cottage to Baker-street
,are practically completed, and that the opening of the
'ioe for public traffic may be confidently looked for
Inthe course of a very few weeks. The Metropo-
litan Railway Company have made the necessary ar-
rangements for working the traffic as soon as the St.
John's Wood line and their own new works in
Laker-street station have received the approval of the
°ard of Trade. The gratifying fact stated by the
general manager in the last half-yearly report of the
YATetropolitan Railway Company, that the growth of the
aminersmith traffic is so great that the guarantee-
ing companies will not only be relieved from the pay-
Inent of rebate, but may anticipate a considerable
hsurplus of profit divisible among their own share-
olders, confirms the opinion which the directors have
beways entertained of the very great traffic which may
expected.vir.g from the already populous and daily im-
proving i district which the St. John's Wood Railway
111 serve. The report of the engineer and the
eneral statement of receipts and expenditure to the
31st December last are appended."
The following is from Mr. Sam Wendel's weekly
circular dated Manchester, February 18th :—" The
furtherincreased value of cotton with the large sales
have forced up prices both for yarns and goods to an
extent that has almost put a stop to business, and
the rates now quoted are nominal, yet considerable
firmness is shown by producers."
THE ORDNANCE. —The Admiralty have ordered
300 old 8-inch guns of 65 cwt. to be immediately con-
verted into 64-pounder Palliser rifled guns for the use
of the navy.
FASHIONABLE MARRIAGES.—A marriage is arranges
between the Comte de Puliga, Councillor de la
L6gation d'ltalie a Paris, and Miss Henriette Sansom.
daughter of Mr. Charles Sansom. Also, between Mr
Edward Mansfield, of county Kildare, Ireland, and
Miss Magruder, sister to Lady Abinger, and
niece of Major General Magruder, late of the
; also, between Captain C. Lapriniandaye,
•-u-a, to Lord Napier, and Miss Blanche
Marchant, daughter of Lieutenant General
Sir Gaspard Le Marchant, late Governor of Madras ;
also, between Mr. Julian Goldsmid, M.P. for Honiton,
..,11c1 Virginia, elder daughter of the late Mr. A.
banker of Florence ; and between Mr.
.",.rancis William Lowther, Flag Lieutenant to Admiral
Sir Baldwin Walker, Commander-in-Chief at Sheer-
,,,liess) and Miss Louise Beatrice de Fonblanque,
daughter of Mr. George Barrington de Fonblanque
According to Reuter's telegram from Paris to-
'ay, the French Rentes were 68f. 95c. Dull.

~ BRITISH FUNDS—TWO O'GLOCK.
k IIOVERNMENT FUNDS.
'l3,er tient. Consols
8 Lio. Account, March 5 921 1
leer Cent. Reduced 92/ 31
zieW 3 per Cent 93 21 31
erl,v' 21 per Cent. Jan. 1894 74/
4 ."°. 5 per Cent. Jan. 1873
4.,!luities, 80 yrs, expire sth Jan., 1880 —
.0. for 33 yrs, expire 6th April —
E,.`"T (Red Sea Telegraph), Au,.,., 1908 —
'cuoquer Bills, £l,OOO, 2 per Ct. — pm
Do £5OO — pm'
I 3 Do. £lOO & £2OO l3 17 pm
ti,nk of England Stock, 4/ per Cent
.1-'O. Account
/„.INDIAN GOVERNMENT SECURITIEe.
India tock, 10/ per Cant., April1874
-"0. Account
DDO• 5 per Cent. July, 1880
°. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent
D
~°• 5 per Cent., Jan. 1872
...,0 ,
T 1 • or,f per Cent., May 1879 --•
---(3 5 per Cent., Rep, Deb., 1872
Do. do. 1877 —
Do do. 1882 —
Do •
Do
• Deb., 5 per Cent., Aug. 1873
, Cent., £l,OOO • Bonds, 5 per
'Jo. under £I,OOO
•• YOUEIGN FUNDS—TWO CLOCK.
rg3entine Republic, 6 per Cent —
`lre trian Bonds, 5 per Cent. 1839
43r zilian 5 per Cent —
Do.4i Per Cent., 1852 —
U
do.,18;8..
1;0. do ,
18'i(' —
''''''• do., 1863 —
1)°• •5 per Cent , 1865 —
Do Account . 74if