The Sun.
London, England, 1868-07-07 00:00:00

MONEY IFARTET

A ND

f3OMMEROIAL INTELLMENCE,

CITY, Two o'CLocx.

The leading feature in Stocks and Shares is the
Continued and apparently bona, fide demand for foreign
bonds. A large business is being done on Continen-
tal account. New Spanish, Italian, and Turkish are
in chief request, but the price of the last-mentioned
is not now so firm as at the opening. The New Rus-
sian Loan, which is now closed, stands at 2i to 3
Prem., and the other guarantees are also higher, Orel-
Vitebsk and Nicolai having advanced to if per cent.
respectively. The funds are flat upon realisations for
the settlement, and other English securities are more
or less neglected.
The Money Market is quiet, with a moderate busi-
ness at ;4 per cent below the Bank rate.
, The Funds are dull, at last night's closing prices.
kjensols are quoted at 944 to 95 for money and
account. New and Reduced Three per Cents.,
uf-i to 944 ; India Five per Cents. steady, at
1141 to 115/ ; Bank Stock, 240 to 243 ; Exchequer
Wig, 15s to 20s prem.
Foreign Stocks are generally better. There is an
active demand for New Spanish, Italian, and Turk-
ish, at an advance of to if per cent. The quotations
are respectively, 37k to 37i, 53,i to 53k, and 41f to
42. Mexican Bonds aro steady, at 154 to 16k ; Greek,
811 to 131 ; Egyptian (1864), 82 to 83 ; Peruvian,
/to 821 ; and Honduras, prem.
Russian Railway Bonds are firm. The new lean iD
24 to 3 prem., and there is an advance of if in Orel-
Vitebsk, at 84k to 842 ; and of if in Nicolai, at 65a to
American Securities are not quite so firm. United
States 5-20 Bonds are if lower at 73k to 731 ; Erie
Shares unaltered, at 45¢ to 46):; Illinois 10li to 109.
Atlintic and Great Western Railway Debentures
haveimproved to 29i to 30, and the Consolidated
Mortgage Bonds to 35 to 35i.
English Railway Shares are quiet, and prices
show little or no change of importance. Great
Northern is k better, at 1011 s. to 1021, and an
iuiprovement of it has occurred in the follow-
ing ;--Great Eastern, at 36k to 361 ; Great Western,
at 491 to 491 ; and London, Chatham, and Dover
at 191 to 191. On the other hand, a decline of iis
established in Great Northern (A) at 94 to 94} ;
Manchester, Sheffield, and Lincolonshire at 41 to
414 ; Metropolitan at 113 to 113;- ;
1271 to 1281 and Caledonian
to Lancashire and Yorkshire is steady at
• Midland, 1041 to 105 k ; South Eastern,
73i to 74 ; 'London and North Western, 1131 to
114 ; London, Brighton, and South Coast, 512
to 52k.
In Foreign Railways Great Luxembourg is dull, at
12 to 12k. Lombardo-Venetian steady, at 16i to
lee.
Great Indian Peninsula Railway New Four per
Cent. Debenture Stock is 96 to 97.
Colonial Government Securities are steady. Canada
6 per Cents. is inquired for at 101 to 103 ex div. ;
ditto 5 per Cents., 90 to 92 ; Mauritius 6 per
rents., 102 to 104 ; New South Wales 5 per Cent.,
08 to leo • New Zealand 6 per Cent., 110 to 112 ;
Qeeensland 6 per Cent., 106 to 107 ; Victoria 6
Per Cent., 111 to 113.
Lank Shares continue very dull, and the only fea-
ture is a further decline of 4s in London Joint Stock,
which is quoted at 31i to 23/4 ; Agra (A) is marked
ati l to 12 ; Alliance, 11?, to 10. dis. ; Anglo-
Austrian, 4/ to 54- prem. ex div. ; Chartered Mer-
c.antile, 28 to 29 ; Consolidated, 4i to 4k ;
eB. to 19 ; Imperial Ottoman, Ito prem. ex
liv• ; London and County, 491$ to 50i ; London and
We t
uieereinspater 69 to 70 ; do. New, 461 s to 47k ex
nt
; Oriental, 42i to 43i ; Union of London,
2s to me.
Vinauee Shares are without change, and the o
deal-
angs are merely nominal. Credit Foncier is quoted at
p•t 3i ; General Credit, 2a to 2L-dis. ; International
inanee, 1 7-16 to 1 5-16 dis. ; and London Finance,
22 to 20 dis.
Cable Shares are depressed, upon the concession
granted to Mr. Reuter. Anglo-American at 21 to 21i,
e
4r. Blower • and Atlantic Telegraph, at 41, have de-
tldislefs Bay Shares are unchanged, at 15f to
In p •
?re'gn Mining Shares there is little or no busi-
-15 doing• St. John del Rey remains at 19i to 20 ,
o pi,
to 12 ; Chontales, 2} to 2g- ; and
Rossi Grande, 7.16 to 9-16 prem.
_ll2ere were no bullion operations at the Bank of
Elandu yesterday.
•rn specie.
The Hermann has brought £69,000 from New York
The Lion
Brewery Company have declared an
"'run dividend at the rate of 6 per cent. pet
alllllltll.
Mr. Wilkinson was this morning set at liberty.
Banes and Mr. Waddell, the liquidators of the
or' r une Estates Company (Limited), have made a call
5,"15 per share, payable the 16th inst.
'laturday's letters, from France, state that the corn
arkers that day were' but indifferently supplied from
districts where the harvest was in progress, but the
eelnaed was nil. Prices, however, were still giving
way. The Bordeaux telegraphic advices state that the
(Liu en t ity of the yield in that district was less satis-
Laq?ry than the quality, which is excellent.
The metal markets of Holland and Belgium are de-
scribed as being dull. The dead season was on, and
fiehasiness of importance was expected in July. The
building of locomotives appeared to be almost sus-
ouded. Only two were in progress at Conillet, and
fur at Seraing. An English company had obtained
the contract for the construction of an iron bridge over
the Meuso at Crevecceur, for 538,800 florins, against
a good deal of Belgian competition.
Satisfaction
he commercial public of Europe will learn with
a that the French Government has granted
concession to Baron E. Erlanger and Mr. Reuter to
-1,.,!r3r and work a submarine telegraph cable between
r ance and the United States. The success of the
Atlantic cable rendered such a concession only a matter
of time on the part of France, whose relations like
ose of the entire European continent with the
Unitedo States are extending as rapidly as
n
t Wre t" The concession is exclusive for
n y years. Some time must necessarily elapse be-
eore a work of such magnitude can be in complete
'ation ; but since the Atlantic lines were opened
much experience has been gained' alike in making,
'aying
r , and working submarine cables ; and the gene-
_al efficiency with which Reuter's Telegram Company
has been administered in the collection and circulation
of intelligence is a guarantee that American news
Will hereafter be given to the public as it ought to be
given, while private messages will be [conveyed at rea-
'enable charges.
The British Shipowners' Company (Limited and
Reduced) have declared an interim dividend at the
rate of 10 per cent. per annum.
41. Paris' letters state that nothing is yet heard as to
oeec°,4jey when the new loan will be brought out, or
Lae terms on which it will be offered. The Fi-
ea-
u minister M. Maple is being urged to fix the
tlvrtee.se, not higher than 68 or' 69, lest the State, in the
ere,rtnt any further necessity to pledge the public
ern should be obliged to consent to inferior
t,.
The s,
week shuttal Eastern Railway receipts for the past
Luck ow an increase of £1,745, and those of the
k II"' and Cawn ore line of the Oude and Rohil-
-44(1 Railway P laata waY for the week ending the 24th May
£413
°increase of .£l4O ls 3id, the total being
Great 6cl. The traffic receipts of the Buenos Ayres
eho_ a Southern Railway for the week ending May 10
.respolldninignycereraiol
ooff .£1818374, as compared, with the car-

BRITISLI FUNDS—CLOSING PRICES'
GoVERNMENT ruNDS.
04i 5
8 Per Cent. Consols
Ditto fur Account, July 9
..per Cent. Iteduced
941 -;
.1,110,, per Cent
1001-
..,7 21 per Cent J•Ln. 1894
....,o
,-.. '
_
A .. . per Cent. J an. 187 3
''..
for'muitie 80 yrs, expire sth Jan., 1880 —
DoDo. 0 yrs, expire sth April 1885 l2 --
u 16
.•
Do, (Bed Sea Telek,raph), Aug., 1908' ig pm
'-'4o,l,ner Bills, .£l,OOO, 2 per Ct
Dn.
_ ~
£5OO
,)
„ Do,
_
.n.ktik £lOO de £2OO
~ of England Stock, 41 per Cent
',a. Account
, inall UOVERNMENT SECURITIES. 244_ 2
+Eldrli
0f Per Cent A ril 1874 ... 212 xd
~ P
—0 0
_
h • Peniug, for Account
1151 15
6.• 5 per Cent.
Oct
1880
104;
D 0•
,1)tl• Cent., Oct. 1888
.0. Corti°cat
1)0. Enf " "
00. 5 aced Paper
eut
106 5
Do. t.,Per Cent., Jan. 1872
109;
to• p Per Cent., May 1879
'-ipic,,e.r Cent., Bup. Deb. 1872 —
Do do. 18771818813 —
it
,:z.,,,,r :1,:oui:,0 Cunt. X
Aug. - - ,i, 4 n*rl 000 33 pm
...._ pia
44
Nlitifiu„titlC,N 'FUNDS—CLOSING :DEICES.
All ,t .. -- —,Tulle, F por cent
(;3
Irt nail Fonds, 5 per Cent. 1859
99 xd
giall Per Cent
b-1,3).. 4i 141. Cent., 185? —
1)o18-.8.... .............
01-)°. do
18 ;fl
-
Do.' 10”
1863
r, beer .0' ett 1865
. A. 4 9
767, 7;
, , 'on
........................ .
13 -eno:3a.yreS 6 per cent —
u 11,,,,) per o':tit. (Deferred 3 per Cent '
e 9 6Per Cent.
. 75
.v,n 6 per Cent
-po. 41 per Cunt
. _
li)o. tl per Cent., 8..
93
0-, 1867 Du
, ~ 7 per ,Cent., 1866
_
, ,uo., Scrip £32 paid ....
~,,, tubiau, 6 per Cent.
D" 'lli4i, 3p :r Cent., 1825.-- .. ............ x
•nubian Principalities, • 2er Cent 741-