The Sun.
London, England, 1868-02-13 00:00:00

MVTEY MARKET

kAMERCIAL

CITY, Two O'CLOCK.
•
A better tone pervades all classes of Stock Ex-
change securities, now that the most important
arrangements in connection with the settlement are
concluded. The funds
.are firm with an upward
tendency. American securities are again favoured
by the quotations from New York. The
Railway Market is chiefly interesting. Thr
speculative dealing in 'Metropolitan is still con
siderable. At one time the • price was 1061, then
1082, and now it is 1072. Otherwise Railway Shares
are in active demand at an appreciable advance in
price. There is no feature in Foreign Government
Stocks.
The Discount Market is quiet, with business doing
at 1t to lg per cent. for the best class of commercial
bills. Money is in demand for the settlement. In
foreign stocks,.3 to 5 per cent. is charged, and on
Consols 1 per cent.
Consols, which closed yesterday at an improveMent
of opened to-dav at the same price, and are now
quoted firm, at 93. E to 934 fur money and account ;
New and Reduced Three per Cents., 932- to 93 ;
India Five per Cents., 1111 to 1124- ; Bank Stuck,
248 to 250 ; Exchequer Bills, 20s. to 253. prem.
The foreign market is steady, but without change.
Mexican, 15 to 164 ; Greek, 12-& to 13 ; Ned
Spanish, 364 to .36i. ; Italian (1861), 4378- to 44A- ;
Turkish (1863), 32k to 33 ; Portuguese Scrip, 1A- to lk
prem ; Egyptian Railway Debentures, 922 to 93L; ;
the Viceroy's Seven per Cent., 771 to 74 ; Peruvian
(1865), 764 to 761 ; ditto (1862), 92 to 93 ; and
Russian (1866), 89 to 90.

American Securities are extremely firm, and show
a further advance. United States' Five-Twenty
Bonds are better, at 72 to 72* ; Erie ltailroad
higher, at 48 to 49 ; and Illinois 41, at 884 to 894.
Colonial Bonds are without change. Canada Six
per Cents. are quoted at 99 to 101 ; Mauritius Six
per Cents., 103 to 105 ; New Zealand Six per Cents.,
108 to 110.
As compared with the railway prices current at the
close yesterday, there is an advance of 1 in Sheffield,
at 43 to 44; and in Great Northern, 109 to 110 ; of
in Great Northern A, at 109% to 110% ; of 4 in
Metropolitan, atflo74- to 107 f-; of I in London and
North Western, at 1184 to 119 ;of in Caledonian,
at 761 to 761, and in Brighton, at 46 to 464 •, and of
in Midland, at 1064 to 1061 and in Great Western,
at 464 to 47. Lancashire.and Yorkshire are 126 k to
1261; South Eastern, 711 to 724 ; Great Eastern,
30k t 0.301 ; Chatham, 184 to 19 ; and North British,
34$ to 35.
Bank shares are without movement. Agra (A
shares) 11 to la." Alliance, 13 to 12 dis. Chartered
Mercantile, 28 to 29 Consolidated, to 4 prem.
ex div. London and County, 53 to 54. London and
Westminster, 67% to 68% ex div. .
Foreign Mining Shares are steady. St. John del
Rey is quiet, at 21 to 23. Port Phillip Mining, 14
to 14. Chantales, 4 dis. to 4 prem.
Miscellaneous securities are generally well sup-
ported, and prices are little altered. Anglo-American
Telegraph are firm, at 191 to nil ex div. Atlantic
Telegraph 8 per Cent., better, at sto si. Hudson's
Bay, i lower, at 14g- to 14k. London General
Omnibus, 2 to 21-.

The ordinary general meeting of the shareholder,
of the Elbe Colliery Company has been convened fo;
the 28th instant.

The directors of the English and Australian Copper
Company have called the ordinary general meeting of
the shareholders for the 20th instant.
Friday, the 21st instant, has been fixed for the
ordinary general meeting of the London and Suburban
Land and Building Company, when the directors'
report and statement of accounts will be presented.
The following is from the Yudarainutana Copper
Mining Company of South Australia, Limited :
" The directors have received advices from their
superintendent, dated December 28th. He states :
Since the date of my last advice, we have sold
here 58 tons of rough copper, realising £4,043 5s 2d
net; and in addition to the sum of £4,563 pre-
viously advised as having been paid on account of the
£7,000 loan, we have made a further payment of
£3,949 3s, being the total amount of the balance and
interest due thereon.' Captain Terrell's report
is dated December 14th. He states :—` We have
raised 384 tons of ore during the month.
The above return confirms the richness of
the mine ;it is indeed a splendid property. I have
now sufficient ore in sight to last many months. The
smelting works are in good working order. The
quantity of copper made during the month is 56 tons.
Plenty of wood is coming in, we have a good stock on
hand. "

The
.Port Augusta Railway Bill has passed both
Houses, and received the Governor's assent Dec. 19th.
Bar gold to the value of £35,000 was taken from
the Bank yesterday for export, making on balance
£445,000 against the stock held.
Some of the advices from Paris mention that the
French loan may possibly be introduced on the 26th

teraord. Gilchrist, Smith, and Co., of Liverpool,
shipowners, called their creditors together on Tues-
day. The estate is to he wound up under inspection.
Several coal and salt merchants are heavy losers by the
failure. The unsecured liabilities are said to be about
£7,000..

The subscription list of the Ten per Cent. Pre-
ferential Shares of the Atlantic Telegraph Company
will close on Monday, the 24th inst.
At a meeting held yesterday in Glasgow of the
Scotch shareholders of the Atlantic Telegraph Com-
pany, it was unanimously resolved that the meeting
has full confidence in the directors, and recommends
those parties who cannot be present at the meeting,
in London, on the 25th inst., to transmit their
proxies to the directors.

The following are the rates of continuation, &c.,
current for the settlement now in progress :
Caledonian Railway ... to back, then a givers, closing
Ito
1-32 to 3-32 contango, closing
1.16 to e.
▪ to
... 1 16 to 3-16 do., closing 3-16 to
5-16 contango.
... 5-16 to 7.16 bock, closing 3 16
to 5.16 hack.
London and N. Western... 1-16 to 3-16 contango, closing
even to -18 c,ritango.
... 1-16 to 3 16 do.
... 3-16 to 5 16 back, closing 4 to
back.
▪ gto back, closing 316t0 5 16
back.
... 1-16 to 3 16 do., closing just even.
... even to a contango.
... 1-16 to 3-16 contringn.
... 1-16 trek to 116 contango,
Great closing even to
WesternofCanada... 6a to 9,1 contango.
Grand Trunk of Canada... 9d to is 31 do.
13rightou...
... even to 1-16 contango, closing
even to -1 contango.
The traffic receipts of the Dutch-Rhenish Railway
for the past week, as compared with the corresponding
period- of last year, show a decrease of £lOl.
Those of the Melbourne and Hobson's Bay Railway
Company, for the four weeks ending with the 19th
-December, amounted to £11,814, being an increase
of £1,016.
The traffic receipts of the Bahia and San Francisco
ailway Company for the week ending the 4th
of January amounted to .£9Ol 3s Bd, being an increase
of no less than £3115 8s 2d as compared with the cor-
responding period of 1867, the mileage being the same
—viz., 76g.
The following is from Messrs. E. F. Satterthwaite
and Co.'s weekly review of the London market for
American securities :—" United States Government
sem hies have since our last had a drooping tendency,
°wing to the steady rise in the premium on gold, as
reported by telegraph to-day ; however, on lower
Fraotation from New York, the Five-Twenties have
unproved, and closed strong at the same price as this
,Y week, the old issue being 711 to 72, and the 1865's
to 71. For Illinois shares there has been an
active demand on both Continental and American
account ; they show an improvement of nearly $2, the
„a_!t quotation being 88 to 89. Eries have also
rwanced in sympathy with the New York market, and
4eave off 48 to 49."

(neat Eastern ...

Great Northern .
Ditto A.... .

Leeds Stock

Great Western
Midland ...

Metropolitan

Dovers •
Lerwick ....•
Sheffield,
North Isritish

BRITISH FUNDS—TWO VOLUME.
a GOVERNMENT FUNDS.
Der Ueut. Consols 93T
a 'l3O. Account, March 5 931
K,Per Cent. Reduced 931 ..,e,„. ~
N., 0 per Cent 931 i i
? 21 per Cent. Jan. 1894 _
4 -"c). 5 per Cent. o an. 1873.
ortuities SO expire sth Jan., 1880 —
T, , yrs,
T,"--'O. for 3( yrs, expire sth April"lBBs —
tr'',o (Red Sea Teleh,raph), Au,,., 1908 —
'cuoquer Bills, £l,OOO, 2St 21 per Ct 2O pr
Do £SOO
Do. £lOO Sc £2OO 2O pr
tkit of England Stock. 41 per Cent 250
'-'O. Account ...
Irld•110Tiog GOVERNMENT SECURITIES.
.rarl Mock, I.oi per Cent., April 1874 —
I; 0. Account
O. 5 Per Cent. July, 1880 -
DZ. 4 per Cent., Oct. 1888
~ • Certificates
i',o° O. Enfaced Paper 4 per Cent —
1.)- per Cent., Jan. 1872
°• ::,3} per C,- -- ----

. , Alay 1879 _
D 0 5 per Cent RIM Deb. 1872 ~ , • , Do.
do. 1877 _
Do
I) b do. 1882 —
Do•_
0 Deb., 5 per Cent., Aug. 1873
) Bonds, 5 per Cent., £l,000
nO• under £l,000
41.4et0.' FOREIGN FUNDS—TWO CLOCK.
73
4113 .Line Republic, 6 per Cent
tr trian Bonds, 5 per Cent. 1859
tzliati 5 per Cent
3. 4i per Cent., 1852 o. do,, 1.8i;o8ott- ......