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

XONEY MARKET

AND
COMMERCIAL INTELLIGENCIt,

CITY, Two o'CLocK.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were
68f. 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, but other 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 ito 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 11 per
cent.

Consols are without change, at 928 to 93 for
money and account ; New and Reduced Three per
Cents., 93 to 938 ; 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 lin Greek,
at 124 to 12/ ; and iu Peruvian, at 741 to 751 ;
and of in New Spanish, at 35+:to 35f ; in Italian
(1861), 42i to 421 ; and in Turkish (1865), 311 to
32/ • and Portuguese, 2i to 21 prem.

The New Honduras Loan is to 1 prem ex
Coupon.

Egyptian 9 per cent. Loan is steady at 89} to 90.

American Securities are steady. United States
5-20 Bonds are quoted at 71k to 72i ; Erie Rail-
Nifty, 481 to 49k ; Illinois, better, at 851 to 861.

Atlantic and Great Western Railway Deben-
tures are quoted at 243 to 25. The Consolidated
Mortgage bonds have receded to 231 to 24.
Metropolitan Railway shares have recovered the
sudden fall which took place last night. The present
price is 117 to 1173. There is also a recovery of /in
Sheffield, at 44+ to 453 ; of 3 in Brighton, at 47/ to
47/ ; and in Caledonian, at 76 to 763 ; of II- in
Great Eastern, at 30f to 31. Otherwise the market
is heavy. Tim.e is a fall of 3in Midland, at 104/
to 1054 ; in South Eastern, at 684 to 68/ ; in
Great Northern A, at 109 to 110 ; and in Great
Western, at 46+ to 46/ ;of in London and North
Western, :at 1171 to 117/ ; of i in Lancashire
and Yorkshire, at 125; to _125/ ; and of 3. in Chat-
ham, at 18 to 183.

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

Credit Fonder shares are 31, to 31.

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-
ano.etnents whereby the call of £2 103 per share,
Which 6 it was expected would be required in February
next, will not be made. It will bo remembered that
this was the second moiety of the £5 call, notice of
:which was given in March last. Although the iron trade
,_lB Worse than it has been for 25 years, this company
lass earned a small profit for the six months end-
ing, September last (and the December quarter
depression
a similar result), but owing to the continued
oepression 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
,he shareholders may rely, upon their best en-
ueavours 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 Dank of Egypt state that, for
the half-year which ended on the 31st December,
1807, the net profits, after providing for" bad and
tioubtruidebta rcbate on bill, notlel due, &C ;amounted
to X 19154 4s 6d. This, added to the balance brought
forward from the previous half-year, makes a total of
£27,904 63 available for appropriation. The directors
recommended that a dividend be declared at the rate
of 10 per cent per annum for the half-year (C 12,500),
and a bonus of £1 per share (.£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
1-'enapany 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 £15,508, which it is
Proposed should be disposed of as follows :—To be
carried to Northwich purchase account, reducing it
t 0 £3,000, £l,OOO ; to be carried to reserve fund,
making it £14,000, £4,000 ; to pay a dividend for
the last half-year at the rate of 8 per cent. per annum,
th:L° of income tax, £4,000 ; to be carried forward to
Ie next account, including provision for one-half of
le next instalment due to Messrs. Parr and Co.,
£8'568-1:15,568.
meeting has been called of the creditors of
t 0 consider
Gurney, and Company for the 2d February,
consider the report of the liquidation just issued.
cA• remittance of £1,544 9s ld has been received on
44, tr
co of
-Ecuador dividends.
co The dividend of the Manchester, Sheffield, and Lin-
Railway Company for the past half year is
'rt,,tie rate of 2 per cent. per annum.
The directors of the Devonshire Great Consolidated
si`-',Dper
Per sharing Company have declared a dividend of

BRITISH FUNDS CLOSING PRICES.
CIOVERNMENT FUNDS.
93 2}
8 Dr Lent. Consols
deer.D Account, Feb. 6
Cent. Reduced 93 }
New 3 per Cent 93 I}
Nw 21. per Cent. Jan. 1894 75
A -"°. 6 per Cent.
°„rtnities SO yrs, expire sth Jan., 1880. -
DO. for 30 yrs, expire sth April 1885 —
E uo (Red Sea Telehraph), Au,.,., 1908 2O
D 0 (Red
Bills, £l,OOO, 2 &21 per Ct 23 6 pm
Do
.£5OO 26 pm
B Do. £lOO & £2OO 27 pin
4-'O.
4,11 k of England Stock, 43 per Cent —
A.ccount
1 , ll'int.oi GOVERNMENT SECURITIES.
Qqioa,
Account stock
10 j,
.per Cent., AprillB74.- 215 17
°. 6 per Cent. July, 1880
°. 4 per Cont., Oct. 1888
L'o. Certifieltes —
01-)o. Defaced Paper 4 per Cent —
o°. 5 per Cent., Jan. 1872
1),°: j erMay 1879 loB}
"" Dyer Cent Run Deb 1872 — e , • •7
do. 1877 —
DDo. do. 1882 —
boo-
„peb., 5 per Cent., Aug. 1873 —
4°• Und • 'onds, 5 per Cent., £l,000
er £1,000
Ar,„,,POREIGN FUNDS—CLOSING PRICES.
41,41-ILine Republic, 6 per Cent —
134-,1,1,ati Bonds, 5 per Cent. 1859
lan 5 per Cent —
3'
41 Per Cent., 1852-58-60
0 D' o 1863
....• t
li° Ac per Cent., 1865
No Account 77} 8
11:-'‘‘0. 100 Bonds —
D,, Ayres 6 per Cent B5
0.,L 2 Per Cent. (Deferred 3 per Cent )
O'S 6 per Cent
111_111:9 6 per Cent —
U°'-: 1} per Cent —
D 0; 6 per Cent., B •
ii,, 1867
.6', -Per ,Cent., 1866
hatictnbian, 6 per Cent.
D 'B,ll. 3P T Cent., 1825
btiotl°,olltn Principaities, 7 per Cent —
k..1),1,tta" Por Cent., 1867 6lf 5
c„. or New ConJolidated, 1 per Cow —
~,t.titte, 7 per Cent —
D.),, .
~ Se. oed Issue - -
13 • (510 Bonds
Do
90 1.•
N .. • 1861
, • XOlO Pelvis 9O I ',-I°. XlOO Bonds , .... 91 ,
ore`,?:ernille,ta tiailWIAV Oobentures .... 92 i
13'1`. 5 per Cent., 1824_5, ex Coups —
3. e . .1 ,
te(). Colint
I 4 '."
?Etni:Fl
~:t,(i
:,,,to:liiii , 7
p. c t ,
£l5
I 1 •-•
pm
j •
• • '...
'...
IPI° 6 per C( r t thti' • - • 69;
145zi,.111areniniana Ilaiway
~,,tl/4 per Unit
_—
Ditto for zlecotuit