The Sun.
London, England, 1868-04-02 00:00:00

_ '

ONE! MARKET

arm
COMMERCIAL INTELLIGENCR,

CITY, Two °Timm

most tne only teatere in the stock markets is the
increased animation in all the leading descriptions of
foreign Government securities. Investors and specu-
lators are alike purchasing to a much larger extent than
before since the panic. Italian and Turkish are particu-
larly in favour, the former having advanced 3 per
cent. =luring the past week. In sympathy with
this extension of confidence in foreign funds, foreign
railways show renewed strength: Among shares Im-
perial Ottoman Bank has further advanced on the
new appointment to the board of direction. The
funds are quiet. Home railways are less weak.
The Money Market is firm, at 1$ to 2 per cent.,
with limited supplies.
Cotton in Liverpool is firm, but not clearer.
The English Funds are steady. Consols are quoted
at yesterday's prices, 93 to 931 for money, and
93 for account ; New and Reduced Three per
Cents., 911 to 917 ; India Five per Cents., 1131 to
1141 ;
Exchequer Bilis, 7s to 12s prem.
The Foreigai Stock Market has further advanced.
Italian (1861) Bonds have been dealt in at 50, but
they are now 491, or 4 better than last night.
Turkish (1865) are also i higher, at 34 to 3i;1; Orel-
Vitebsk N, at 81 to 814 ; Greek, -, at 124 to 13 ;
and Mexican and Portueuese, at 15/ to 161, and
to 1 prem. respectively, ti each ; there is no change
in Egyptian ; the 1861 Bonds are 82 to 83 ex div. ;
the Railway Loan, 89 to 90; Viceroy's Seven per
Cents., 721 to 731 ; and Nine per Cents., 881
to 89i.
The New Honduras Loan is par to 1 prem.
The Spanish Colonial 8 per Cent. Loan has been
well applied for, and the list will close in a few days ;
the price has improved to 14 to 11 premium.
In American Securities United States 5-20 Bonds
are unaltered at 72 to 721 ; Erie Shares / lower,
at 484 to 49 ; Illinois 894 to 90.
Atlantic and Great Western Railway Debentures
remain at 264 to 274, and the Consolidated Mort-
gage Bonds at 304 to 31.
English railways are fractionally firmer, but there is
still very little doing. There is a recovery of
in Caledonian, at 70 to 71?1 ;of in Great
Western, at 494 to 50, and Great Northern, at 102-i.
t' 103 ; and of in Brighton, at 50 to 50i-, and Great
Eastern, at 33/ to 34, in Midland, at 1041 to 105 k,
and in Lancashire and Yorkshire, at 1254- to 126.
South Eastern are steady, at 73, to 731 ; London
and North Western, 1141 to 1141 ; Great Northern
A, 97 to 974_ • Sheffield,434 to 44 ; Metropolitan,
112 to 1124 ; New District, 2 to 3 prem.
Bank shares are rather dull, and prices in some
cases are rather. Chartered Mercantile, London
and Westminster, and Union of London are
each lower, being quoted at 28 to 29, 67
to 68, and 30 to 31 respectively. On the
other hand, Imperial Ottoman shows a further
advance at Ito lf prem. ; Agra (A Shares),
10 to 104 ; Alliance, 134 to 12idis.; Anglo-Austrian,
4 to 44 ; Consolidated, 4R. to 4,-,1 ; Imperial, 17 .to
174 ; London and County, 51 to 52 ; Oriental, 42 to
43 ; London Joint Stock, 31 to 32.
Miscellaneous Shares are without feature. Anglo-
American Telegraph iquiet 224 to 22a ; Atlantic
Telegraph, 5A- to 51 ; Fore-street Warehouse, 3 to 2/
dis.; Hudson's Bay steady at 144- to 144 ; London
General Omnibus, 123 to 2.
In Finance Shares, General Credit is higher, at
2i to 24 dis. ; International Finance, 2to 1 dia. ;
Credit Foncier, 21 to 3.
Foreign Mining Shares are steady, at previous
prises. St. John del Rey steady at 244 to 254-. Port
11 to 14 ; Chontales 1 to / dis.
The sum of ..£15,000 in gold was withdrawn from
the Bank yesterday, and £12,000 was received. On
the week there is £143,000 against the stock held.
The Tasmania leaves to-day for the West Indies,
with £44,264 in specie, of which £34,264 is gold and
£lO,OOO silver.
The Maria Pia has arrived from Lisbon, with
£46,750 in specie.
The biddings for 2,500,000 rupees in bills on Cal-
cutta and Madras were held to-day at the Bank of
England, and the terms obtained show a falling off in
the demand. The amounts allotted were—to Cal-
cutta, 2,405,500 rupees, and to Madras, 94,500
rupees. The minimum price was fixed at is 11/c1
on both Presidencies. Tenders at is 110 will
receive about 19 per cent., and above will be allotted
in full. No tenders on Bombay were invited.
The subscription list of the Foreign and Colonial
Government Trust closes this day for London, and
to-morrow for the country. The certificates are quoted
4 to 11 prem.
The Superb has arrived from Melbourne with
£72,000 iu Australian gold.
The Marquis de Ploenc (sub-governor of the Bank
OF France) has accepted a seat at the Paris Board of
the Imperial Ottoman Bank, and Mr. Charles H.
Mills, of Messrs. Glyn, Mills, Currie, and Co., has
Joined the London Board.
The partnership hitherto existing under the title of
Coleman, Turquand, Youngs, and Co., has expired
with the effluxion of time. Mr. J. E. Coleman has
retired from the firm, and the business of accounants
will be carried ou in future under the name of Tur-
clitalnd, Younc,s, and Co. •
The monthly freight circular of Messrs. Rucker,
Offor, and Co. states that a large chartering business
was done last month, and freights were well sustained.
As regards homeward freights the market is very un-
certain). The next season will be influenced entirely
by the progress of the Abyssinian war. At present
the freight cost to the Government on account
of the expedition is about £392,000, exclusive of
coals, fittings, and other expenses. If this fleet
Should be paid off before the opening of the next
season homeward freights will be seriously affected,
and some owners, speculating upon this contingency,
are already securing present guano freights for ships
bound to the East.
The traffic return of the London and North Western
Railway shows this week a decrease of £2,349 com-
pared with the corresponding week of 1867 ; the Mid-
land shows an increase of £2,299, the Great Northern
an increase of £164, and the London and North
Western a decrease of £477.
The following is from Messrs. E. F. Satterthwaite
and Co.'s circular :—" The London market for
American securities has been very inactive during
the past week, and owing to the steadiness reported
by telegraph from New York in United States
Government Bonds and the premium on gold, there
is only a fractional change in prices to report ; in
5-20's the 1862 bonds are last quoted 27 to 27/, and
the 1865's 71 to 71k. Illinois Central Shares at 894
to 90, and without alteration, but Eries have improved
from 46 to 484 to 49, -on higher prices from New
York. In the settlement of the accounts during the
week, the rates for carrying over stock were princi-
pally regulated by the value of money, excepting in
Eries, where, in place of a backwardation, which
was demanded on the last two settlements, shares
were carried over even. Throughout the week there
has been a persistent buying of Atlantic and Great
Western Consolidated Bonds, which has carried them
up from 284 to 314 ; this afternoon, however, some
sales have been made in realization of profits, and
the market for them closes less strong, at 30k to
34 Debentures and Divisional Bonds remain with.
out change."

FOREIGN FUNDS—TWO CLOCK.
8 GOVERNMENT FUNDS.
per tient. Consols
_
Do. Account, April 2
B per Cent. Reduced 9lt -1
blevv 2
, - ,-,
2 per Cent 914 I 4
mew 1 per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873 —
An 80 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 lO 7-16
~„ Do (Red Sea Telegraph), Au,., 1908 —
-ulelloquer Bills, £l,OOO, 2 per Ct.
Do £5OO lO
Do. £lOO & £2OO lO
Bank of England Stock, 45 par Cent Shut
Do. Account
IndiaDlAN GOVERNMENT SECURITIE S.
‘tock, 10f per Cent., April 187,1
Do. Account -
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 55 per Cent., May 1879
Do 5 per Cent., Rup. Deb., 1872 —
DG. do. 1877 —
To. do. 1882 —
D..,..1eb., 5 per Cent., Aug. 1873 —
Do Bonds, 5 per Cent., £l,OOO
Dl. under £l,OOO ,
BRITISH FUND6—TWO O'OLOCJE.
Agelltine Republic, 6 per Cent —
..taitrian Bonds, 5 per Cent. 1859 _
Jrk•iliatt 5 per Centx
3' 45 Por e Cent., 1852 _
1)°. do " " I£oB.-.
1-)°. do" 18 i 0 —
Do. dol
Do. 5 per Cent.,* 11886653
A
ccount
DAccount
—4
Do 2
Cuba 6 Per C Per Cent. (Deferred 3 per Cent.)
u..allan 6 per Cent — Do. 45 Crp Cent
..,790., 1867
1)0, 7 p,,r ,Cent 1866 _ 1), 0., Scrip £32 pa id —
y bian, 6 per Cent.
D
Danish 3p ,r C t 182" xc:, snit nail ' " " a
it nail Principalities, 7per Cent 6B 4
Do 8 per Cent., 1867
...,Ko,uador New oo"udolidated, 1 per Cent —
.r.ig your), 7 per Cent Bli
Do, So-oad Issue
D ~ f 590 Bonds
Do. £lOO Bonds
_—
Do. 1864
Do. £5.)0 Bonds
821
Wm 84i 3