The Sun.
London, England, 1868-08-08 00:00:00

MONEY NARIiET

AND

10XMERCIAL INTELL IGEN CB,

CITY, Two o'CLoca.

.Lne crepressiOn which characterised the Stock Market
Yesterday was partially removed before the final close,
and tender.cies to a favourable reaction are apparent
this morning, though prices are without material alter-
ation. Complaints are loud of the absence of busi-
ness ; but this is the natural result of a thin attend-
ance, and of this being the season of vacation. The
Funds are steady, and railways show little or no
variation. One of the subjects engaging some atten-
tion in this market is the reported project of a new
line to Brighton. As nothing definite is stated in the
announcements on this subject, it is received with
incredulity, and its effect on London and Brighton
stock has been nil.
The Discount Market is quiet, at 11 per cent.
Consols are without change at 931 to 934 for money,'
and 934 to 94 for account, being a shade stronger,
than yesterday's opening ; New and Reduced Three
Per Cents., 934 to 94 ; India Five per Cents.,
1041 to 105,f ; Bank Stock, 247 to 249 ; Exchequer
Bills, 14s to 18s prem.
Foreign Stocks are generally steady, but Italians
and Mexican have receded ft, and Greek . New
Spanish are quoted at 33g to 33g. Egyptian Viceroy,
72 to 72!,-.
A demand for American Securities has sprung up
from Germany, and United States 5-20 Bonds are ft
higher, at 71} to 711 ; Erie Railroad, 37i to 3842 ;
Illinois, 91 to 92.
The principal features in Home Railway Stocks are
a decline of 1 in Great Western, and a recovery of 1
in Caledonian. The former are quoted at 49 to 49i ;
and the latter at 77± to 771. Great Eastern, 39i to
391 ; South Eastern, 761 to 77 ; Lancashire and
Yorkshire, 130 to 134 ; Midland, 106} to 1061;
Great Northern, 1051 to 1061 ' • ditto A, 103 to 104 ;
London and North-Western, 116 to 116 k ; Sheffield,
42i to 44i ; Brighton, 53 to 53k ; Metropolitan, 1161
to 117.
Bank Shares are flat. Anglo-Austrian and London
and County, are each ft lower, the former being
quoted at 6i to 7 prem., and the latter at 51i to 52*.
.Agra (A. shares), steady, at to 12 ; Alliance,
10i to 9k die.; ; Chartered Mercantile, 28k to 29k;
Consolidated, 411 to 44 ; Imperial, 17 to 18 ; Impe-
rial Ottoman, ft to prem.; London and West-
minster, 68 to 69 ex div.; ditto, New, 44 to
49i ; Oriental, 44 to 45 ; London Joint-Stock, 32i
to 33i ex div.; Union of London, 35 to 36 ex
div.
Finance Shares are without movement. General
Credit is quoted at 2i to 2k dis.; Credit Foncier, 21
to 2 dis. ; International Finance, Ift to Ift dis. Na-
tional Discount, 11ft to 12 dis.
Colonial Government Bonds are steady. The Wl-
- are the quotations :—Canada Six per Cent.,
Mau-
ritius 105 ; ditto Five per Cent, 90 to 92; Six per Cent., 103 to 105 ; New South
Wales Five per Cent., 99 to 101 ; New Zealand Six
per Cent., 110 to 112 ; Queensland Six per Cent.,
105 to 106 ; Victoria Six per Cent., 113 tolls.
In Foreign Mining Shares the only feature is a
relapse
Philipin St. John del Rey, at 19 to 20 ; Port
-11 to 11 ; Chontales, 2k to 211 ; Rossa
Grande, 5116 to 7-16 prem.
Miscellaneous Securities are very little inquired
for. Anglo-American Telegraph remains at 21k to
21 ; Atlantic Telegraph 8 per cent., 31 to 4 ; Hudson's
, ay) 15. f to 15k ; London General Omnibus, 11
to 2.
£20,000 in bar gold was withdrawn from the Bank
Yesterday.
The steamer Syria, which leaves Southampton to-
nay, takes out £42,534 in specie for the East, chiefly
silver,
. The large amount of £271,000 in gold arrivedyes-
-okterday from Australia and America ; and to-day
,000 arrived by the Travancore from India and
zogYpt.
The following letter, from the Anglo-American
L,:legraph Company, describes the position of the
• cture of the 1866 cable :
IR TO THE EDITOR OF THE GLOBE.
I
S,—Sinee my communication to you of the 3rd instant
have received the official test from the electricians of this
pany, who report the recent break in the 1866 cable
close to the spot at which it was broken in the
i"llli.uth of July last year, being a distance of 88 miles from
s Content. The steamer Hawk, Captain Halpin,
has been ordered by the Telegraph Construction and Mainte.
bailee co
I pany to proceed forthwith to repair the damage.—
am, Sir, yours obediently, R. A. (kaaa, Chairman.
26, Old Broad-street, August 7.
There was a small failure upon the Stock Exchange
Yesterday,
fThe next biddings for Indian Council Bills are
aed for the 19th inst., when tenders will be received
r £200,000.
The •
dent,
scrip of the Egyptian Government Seven per
tou, Loan of 1868 will be ready for delivery at
',imperial Ottoman Bank on Monday next.
1, -the following official memorandum relates to the
4-2111 i Rlilway :
I,l)uring the past four months the sum of £1,015,908 has
or'ien paid to the credit of the Secretary of State for India
'
account of the capital of the Delhi Railway, the
ilroprietors of shares in the undertaking having availed
ii_crnaelves to a large extent of the option of paying the
oust
of their shares in full. The works on this line are
a roakin
at_g rapid progress, and the company are now engaging
to 6.4 of engine-drivers to work the section from Meerut
to b 4Thallab, about 120 miles in length, which is expected
opened by his excellenc the Viceroy in October next.
hi„,. Election will bring the railway from Calcutta to within
017 miles of Simla, and within fifty miles of the base
trontet 94. The Delhi railway is a continuation of the
to , line of the East Indian, and the section from Delhi
pro-
prietors, should prove very remunerative to the pro-
:be:11;18de rtahbelytaolerses especially as it has been constructed for
per mile than the average cost of
e,ii.ast Indian.
themessra. Hunt and King, silk brokers, notify that
TO' have removed their offices from 10, Angel-court,
t.....rogniorton-street, to Nos. 3 and 4, Great Winches-
'l4threet, London-wall entrance.
/Ito e half-yearly meeting of the south-Eastern
inallwaY Company has been convened for the 27th
the. 3 for the transaction of the ordinary business of
company.
The
eßailway News announces that the Board of
referee
has appointed Mr. fienry Ayres to act as
theiti under the "Cambrian Railways Act, 1868,"
arrangement of the capitals of the company, so
heide give the right of voting to preference share-
readers) Scc. The Board of Trade could scarcely have
proveiamore judicious selection. Mr. Ayres has
Poeit. by his recent publication on The Financial
laid 1:1;',_ of Railways, and by his tables which were
kinutet,ore Parliament last year, that he has gone more
upon .eIY into railway finance than any other writer
am., the subject. tWe may add that directors and
hors
Vitntage, may read Mr. Ayres' works with much mi.

. BRITISH FUNDS—CLOSING PRICES.
a ,s_uovEßNmExT FUNDS.
l'l'r Cent. Consols
Ditto for Account, Sept. 8
Nero Per Cent. Reduced 93} 41
II 3 per Cent
Doti. per Cent. Jan. 1894
A . 5 per Cent. el an. 1873
I,lluities, 30 yrs, expire sth Jan., 1880 —
„sue. for 30 yrs, expire sth April 1885 —
t,,"? (Red Sea Televaph), Aug., 1908 — xd
'aequer Bills, £l,OOO, 2 per Ct l3 pm
be.
be. £5OO
£lOO & £2.00 l7 ~
ue
Bark of England Stock, 41 ,1 per Cent — • Account . —
In 1. IluaN GOVERNMENT SECURITIES.
-14ia cock, 10} per Cent., April 1874
to
ho• Opening, for Account —
per t e nentt.., Oct uI y
1888 1880
_91114:
`-'°. 4 per C
130:
DCertificates
Enfaced Pape, 4 per Cent
I)°,. 5, Per Cent., Jan. 1872
Do'' oi per Cent., May 1879 —
5 per Cent Rup. Deb. 1872
” P.
Do do. 1877 —
DDo 1882 —
~ • do.
• Deb ser Cent., Aug. 1873
Dr,°' -Bonds, 4Pper Cent., £l,000
'l°. under £l,OOO
rOREIGN FUNDS—CLOSING PRICES.
4 pera,s
A rersi,„l:-n
4 Alt":"Ile Repubc, 6 per Cent......
lira nail Bonds 5 per Cent. 1859
'Cent --.1
D°, li per Cent., 1852 —
It. do. 1858. —
L0-° do., 1800 —
De,
5d0., 1863 —
13per Cent., 1865 —
t ,_0 Account 761 71
ruskyres 6 per Cent —
0 üb,;) 2iper Cent. (Deferred 3 per Cent )
°Per Cent.
unian 6 •
„o per Cent —
'', • 41 per Cent —
Do
-I°l3 per Cont., B — ,0, 1867
. 921 1
b°'
. 7 per Cent., 1866 — 0 01,,ScriP £32 paid
D 34 3P it Cent., 1825......
°
kj;l4l)an Principalities, per Cent
.41.1141):t8:a1)t):::;070:nOto.'ul:o6li7dated, 1 per Con' --
0.
Bpileo„rrinuiesnt
.-
.20,. Secoad issue
...
1)_
1864 _
bo•
11 45030 Bonds * Account
Si
0 ,„
, • 'vk) Bonds
ch,e(-:severunlent Rail way Debentures....... 89731
t 5 Per Cent., 1824 5, ex Coups —
bo A, , ”
~,f)
,c ,CUlat
.
DO2. Coupons
•
G 1,, t . Acc)unt
~
:11a1104' 5 per Cent . —
It,i uraeGoy.Rail.Loan 10p Ct. £25 p
D°'l4 C • " . ' —
Pot Lent., 1865 ...
-Aceeut
1414 iareniznana Railway —
"4'3 Per Cent -,