The Sun.
London, England, 1868-05-18 00:00:00

MONEY MARKET

AND

COUMERCIAL INTELLIGENOR,

CITY, Two O'CLOCK.

The Stock Market continues to have a firm and
Upward tendency, a condition encouraged by the
remarkable fineness of the weather, and various other
circumstances of similar import. The funds are a
point higher, but Exchequer Bills are flat and lower.
Most of the leading speculative Continental securi-
ties aro in demand, and Italian, foreign
stock, and Great Luxembourg railways,
are higher. There is also observable a revival of
demand for Russian Bonds. In English Railways the
mnfit noticeable feature is a sudden fall in Great
Northern A. On the other hand Great Eastern have
further rallied, on the fresh instances of a more elfi-
..„oicht and decisive administration. The inactivity of
Discounts has discouraged business in Bank Shares.
The money market shows increased ease, and the
rate for the best paper is not more than 2 per cent.
with full supplies.
The Liverpool cotton market is telegraphed firm
with probable sales 12,000 bales.
The corn market is very heavy, and is to 2s
lower.
The Germania has arrived from New York with
£171,500 in specie for England, and the Union with
X9U,000.

Consols are firm at Saturday's close, at 94a to 944
for delive and 92/ to 93 for account t. New and
ry,
Reduced, 924 to 93 ; Indian Five per Cents. are f
better at 16 to 164 ; Bank stock steady at 246 to
248 ; Exchequer Bills are 3s lower 5s to 108 prem.
The foreign Stock Market is firm, with a demand
for Italian. The 1861 Loan is 4 better, the present
price being
49 to 491. Viceroy of Egypt's 9 per
Cents.. have also advanced 1, at 904 to 91k, and
Mexican 4, at 151 to 16. On 'the other hand,
Egyptian (1864) are 4 lower, at 81 to 814, and
Greek, at 13 to 135, have similarly declined.
•yr Spanish are 354 to 351 ; Turkish, 344 to
341; Chinon (1866), 102 to 103 ; ditto (1867), 95
to 96 ; Egyptian Railway Debentures, 91 to 92 ;
and the Viceroy's 7 per -Cents., 714 to 72 ; Russian
bonds have improved.
The New Honduras Loan is par to 1 prem.
American Securities moderately firm. United States
5-20 Bonds are quoted at 704 to 701. Erie Shares,
steady, at 451 to 45/ ; Illinois, 4 higher, 95 to 954.
Atlantic and Great Western Railway Debentures
have receded - to 284 to 29 ; and the Consolidated
Mortgage Bonds 1, to 32 to 324.
English Railway shares are on the whole steady,
the only important movement being a fall of If in
Great Northern A. London and North Western and
Caledonian are also each 1 lower. On the other hand,
Midland and Great Eastern are 4 higher, and Metropo-
litan R. The following are the potations :—Lancashire
and Yorkshire, 127 i to 128 ; Midland, 107 to 1074 ;
South Eastern, 761 to 76 ; London and North
Western, 115 to 1151 ; Great Northern, 102 to 103 ;
ditto (A stock), 954 to 961 ; Great Eastern, 34 to
; Great Western, 531 to 531 ; London,
Brighton, and South Coast, 534 to 54 ; Manchester,
Sheffield, and Lincolnshire, 42 to 425 ; Metropolitan,
112 to 1125 ; Caledonian, 74 to 744 ; London, Chat-
ham, and Dover, 184 to 181.
Foreign railway shares, are firm. Great Luxem-
bourg is
-5 better, at ng to 114 ; Lombardo-Venetian.,
14/ to 151.
Bank shares are in little request, and the only
change in prices is an improvement of 4 in Anglo-
Austrian, which are quoted at 4/ to 51. Chartered
Mercantile steady at 27 to 28. Consolidated, 44
to 44; Alliance, l3 to 12 dis.; Agra (A) shares,
94 to 105 ; London and County, 52 to 53 ;
Imperial Ottoman, i to 4 prem. ; Loudon and West-
minster, 71 to 714 ; Union of London, 344 to 35i •
London and Joint Stock, 344 to 354.
Finance shares are a shade firmer. Credit Fonc!er
is marked at 2 13-16th to 2 15-16th ; General Credit,
24 to 24 dis. ; International Finance, 2 to 11 dis.
Foreign Mining Shares are rather dull. St. John
del Rey remain at 16 to 174 ; Chontales are 4
lower, at 24 to2j; Port Phillip steady at 14 to 14.
Miscellaneous securities are without feature. Anglo-
American Telegraph, 224 to 22/ ; Atlantic Telegraph
• Eight per Cent., 4 15-16 to 5 1-16 ; Hudson's Bay is
better at 15g. 'to 154 ; Fore-street Warehouse 2 to
1 dis. ; London General Omnibus, 1/ to 24.
Bar gold to the value of £76,000 was sent into the
Bank on Saturday.
The annual general meeting of the Hammersmith
Bridge Company has been called for the 4th June for
the transaction of the ordinary business of the
company.
A special general meeting of the City of London
Gaslight and Coal Company has been called for the
29th inst., to consider a bill now pending in Par-
liament.
The directors of the British Shipowners' Company
have called a special meeting of shareholders for the
25th inst., for the purpose of passing a resolution,
" That the capital of the company shall be reduced
from £2,000,000 to £1,000,000, and that the object
be effected by reducing each shore from £2O to £10."
Messrs. Hassel and Cogan, of Bristol, in their cir-
cular, report a good demand for most descriptions of
light leather, the supplies of which have been small
and scarcely adequate for present requirements, and
on some goods a trifling advance has been obtained.
The heavier. descriptions, although the supplies
brought forward of these have been small, are more
than sufficient for the wants of the buyers.
The total sales in London of raw snow, from the
9th to 15th May, were 1,645 toss WesClndia, 1,035
tans Mauritius, 174 tons Porto Rico, 982 tons Cuba,
3,385 tons Havana, 136 tons Guatumala, 140 tons
Manila, and 70 tons Java—or equal to 6,755 tons.
These returns do not include the private sales of 15th
inst. Five vessels, freighted with raw sugar, arrived
at the port of London from the 7th to the 13th May,
and their cargoes consisted of 296 tons Trinidad, 649
tone Jamaica, 913 tons Mauritius, and 85 tons Penang
—or equal to 1,943 tons, against 7,341 tons at the
lame time last year. The stocks of cane and beet
!sugar in France on May 9th amounted to 41,693 tons,
against 61,221 tons in 1867, and 80,842 tons in
1866.
The coupon for the half-yearly dividend, due on the
22nd inst., of the Egyptian Nine per Cent. Loan will
be paid at the agency of the Imperial Ottoman Bank.
The Anglo-Austrian Bank have removed from St.
Mildred's-court to their new offices, 18. and 19, Fen-
church-street.

BRITISH FUNDS—CLOSING PRICES.
a GoyERNXENT FUNDS.
or Cent. Consols
. itto for Account, Juno 4 -
t tier Cent. Reduced 92i 31.•
-V"' 3 per Cent -
New 21 per Cent. Jan. 1891 ----
. per Cont. Jan. 173 •
linnuities, 80 yrs, expi eb
bth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
E
Do (Red Sea Telegraph), Aug., 1908 —
chequer Bills, £l,OOO, 2 per Ot 5 Pm
Do. £5OO
Do. C.OO & £2OO
'auk of England Stock, 41per Cent 248
Do. Account
~ INDIAN GOVERNMENT SECURITIES.
illdis stock, 101 per Cent., AprillB7l ... 217 15
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enfaced Paper 4 por Cent
Do. 5 per Cent., Jan. 1872
Do. 51 per Cent., May 1879
Do 5 per Cent., Rep. Deb. 1872
• Do. do. 1877
Do. do. 1882
Dv.. Deb., 5 per Cent., Aug. 1873
Do. Bonds, 5 per Cent., £l,OOO
Do. under £l.OOO
--- -- - --

FOREIGN FUNDS—CLOSING PRICIS.;
Arecentine Repulic, 6 per Cent....
Auitriam Bonds, 5 per Cent. 1859
Brstilian 5 per Cent ad
Do. 41 per Cent., 1852
Do. do., 1858 — Lo. do., 1840 —
-I
Do. do 1863 1863 —
Do. 5 per Cent., 1865 —
Do Account 76 si. 6}
I enos Ayres 6 per Cent —
Do 2 per Cent. (Deferred 3 per Cent )
'10,14 6per Cent. —
0 tulian 6 per Cent ••• ."...
Do. 4} per Cent —
Do. 6 per Cent., B •.•
&pm, 1867
0, 7 per ,Cent., 1866
,„. Do., Scrip £32 paid
‘J )I,rnbian, 6 per Cent.
Ds.nian• 8 per Cent., 1825...
13 inubfan Principalities, 7 i_ar Cent —
De,„_ 8 per Cent., 1867 .. _ 79 f }
'".uador No 0 nsolidated, 1 per Cent. —I, . w e
••"47ptian, 7 per Cent o ••• -'-
..,00. Second Issue .. ... 79i
i!o. £5,10 Bonds
De. 41011 Bonds —
Do. 1861 —
De. Account
b.. 1500 Bonds —
Do. £lOO Bonds •••••
(.4 (invernn'ent Railway t)el)enturaq .... 91
Greek 5 per Cent 1824-5, ex Coups. •
1)0 A , , 18}
r, • MC llir r
i it, e I
• l.t,upou7
Ilo•A .. 51
• Account
~.. utteniala f net- (lent
bl°lldura.a,..- =, ~. • • ..,.

I Rd oras
peg G 0,;,. Rail,
loan an., lop. Ct., £25 p
4t 5
Do. Account
Maremmana Itairray
1/..xicat 3 per Cent
Ditto for Account
Do. 1864
Mme vidOct.r Omi Anglo-French —
itoorish imperial 5 pe per Cent. r
Cent—
New Granada
Do 3 per Cen
Do. Defermd
Do Land Warrants (Hectares)
Pertrrian 5 per Cent. 1865
Do Account
. .•
DO 44 per Cont. (Uribarren) ..s. ~,,, ~s