The Sun.
London, England, 1868-01-09 00:00:00

MO NNY MARKET

A to

OTAMERC IAL T

CITY, Two O'CLOCK.
According to Renter's telegram from Paris to-
day, the French Reutes were 68f. 65c.
The Stock Markets show little variation from the
prices at the final close yesterday. The Funds
are steadily supported, and in the foreign market
American securities hive rallied and are rather
higher than yesterday, but Turkish and a
few other speculative stocks have receded a point.
Railways are generally steady, with few fluctua-
tions, and on the whole the tendency is rather
favourable. The 1 rincipal feature in the Mining
Market is a fall of £lO per share in St. John del
Roy, owing 'o the telegram announcing the destruc-
tion of the works by fire.
The supply of money is being considerably aug-
mented by the disbursements now taking place on
all hands, at the same time the trade demand de-
clines. In Lombard-street the minimum rate is
quoted 4 to if per cent.
Consols are steady, at 921 to 924 for money and
account. New and Reduced Three per Cents.,
92i to 921 ; India Five per Cents., 110 k to 1111 ;
Bank Stock, 240 to 242 ; Exchequer Bills, 225. to
278-prem.
The only change in Foreign Government Securi-
ties is a relapse of 1 per cent. in Turkish (1865)
Bonds, at 294 to 30. Mexicans are steady, at 154
to 151; Greek, 12 to 13 ; Spanish, 34; to 35 ;
Italian (1861), 411 to 41; ; Portuguese Scrip, f
to .1 prem. ; Egyptain Railway, 891 to 901 ; and
Brazilian (1865), 75 to 76.
The New Honduras Loan is steady at 4 to 1
Prem. ex coupon.
Anlerioatt Securities are firm at an advance of 1.
united-States. .5-20 Bonds are 1 higher, at 71} to
721; Erie Railway, I better, at 48f to 491 ; and
Illinois, 1, at 88 to 89.
Atlantic and Great Western Railway Debentures
torreimatigan steady, at 22 to 23 ; and the Consolidated
ge Bonds at 18 to 19.
The Home Railway Market is steady. Great
Northern are 1 better ; Sheffieli, 1 ; and Midland,
South-Eastern, and Great Western, I. On the other
hand, Lancashire and Yorkshire and Great North-
ern A are 1 lower, and Caledonian, Metropolitan,
and Brighton, * each :—The quotations are
Lancashire and Yorkshire, 1221 to 123 ; Midland,
1021 to 103 ; South Eastern, 671 to 68 ; Great
Western, 44/ to 45 ; Great Northern, 106 to 107 ;
ditto (A), 107 to 108 ; Brighton, 48 to 481; Shef-
field, 44 to 441 ; London and North Western, 1131
to 114 ; Metropolitan, 1141 to 115 ; Caledonian,
724 to 731 ; and Chatham, 171 to 181. Great
Eastern are 27 to 27f.

Lombardo-Venetian railway shares are a further
lower, at 14k, on the report of a new issue of
capital.

Great Indian Railway Shares are 106 k to 1071;
Great Indian, 108 to 109 ; Grand Trunk, 15 to
15f ; and Great Western of Canada, 164 to 16i.
London and Westminster Bank Shares are quoted
70 to 71 ; London and County, 54 to 55 ; and Union
of London, 341 to 35k.
A provisional agreement has been made for the
transfer of the business of the Rugby Bank of
Messrs. Butlin and Son to Lloyd's Banking Com-
pany of Birmingham.

CITY, TWELVE O'CLOCK.

FYesterday
.£38,000 in bar gold was sent into the
unk, and £3,000 in coin was withdrawn for export.
or the week these operations have resulted in an
addition of £53,000 to the stock of bullion.
The Seine is en route from Lisbon with £66,400 in
specie from the Brazils.
The following are the particulars of the Australian
told ships on their way to Europe, the total of which
as already transpired :—The Koscinsko, with 40,500
ounces ; the Wimmera, with 12,625 ounces ; the
Y.orkshire, with 6,000 ounces ; the Sarah Grice, with
3,625 ounces ; the J. M. Joshua, with 5,375 ounces ;
the Australia, with 20,125 ounces ; the Lightning,
'with 16,375 ounces ; and the Star of Peace, with
10,750 ounces.
.The steamers which left,New York yesterday took
£300,000 in specie for Europe.
The Tasmanian leaves to-day for the West Indies
with £B,OOO in' silver; and £2,450 in go'd.
An extraordinary general meeting of shareholders
of the Atlantic Telegraph Company has been called
for the 24th inst., for the purpose of exercising the
Powers conferred in the Company's Amendment Act,
1867, so far as relates to the increase of the capital by
a sum of £1,300,000 ; such new capital to be ap-
plied in making the payments prescribed by the agree-
tient between the Atlantic Telegraph Corn pany and the
Anglo-American Telegraph Company, on the termina-
tion thereof, and attach to such new capital a preferential
aividend of 10 per cent. per annum, and in addition
thereto participation in the surplus profitt of the
Company, and also for the purpose of passing such
resolutions to effect the above objects.
A dividend (on account) of 25s per share, less
I..neome-tax, will be paid by the Anglo-American
Telegraph Company, on the 29th inst.
0 A. second call of £2 lOs per share has been made
the shareholders of the Linoleum Manufacturing
Company„ (Limited), payable on the. 20th of February.
the London and Westminster Bank announce a
utvidend of 16 per cent. for the past six months,
Making 30 per cent for the year.
The Union Bank of London recommend a dividend,
for the past six months, at the rate of 15 per cent.
)er annum.
The bill for putting an end to the amalgamation
British
the Edinburgh and Glasgow and North
zritish Railways, and for separating the two coal-
pre,nies, has been withdrawn, along with five other
railway bills. The railway business in Parliament
71d. be lighter this session than any time during the
Last twelve years.
Messrs. Littledale and Company's Circular contains
the following :—" The Atlantic cable is rapidly creat-
ing a revolution in the cotton trade. We know that
I,3essages were received here on Tuesday last from
advising the execution of orders transmitted
from Liverpool the day before. Many sales, we have
reason to believe, have been lately made to arrive
We
the cotton was purchased on the other side.
W.B look upon such transactions
fls an infringement
of sound principles of business and fraught with
danger."
The following is from Messrs. E. F. Satterthwaite
and Co.'s Weekly Circular :—" The market in London
..or United States' Government securities has been
injuriously affected by the various propositions
Which have been made to alter their character,
either by redemption in currency, or by new bonds
to superset-I.e those extant, and although the
attempt to lay off in currency has failed,
yet the • prtipositions of the finance committee
for the substitution of new bends in lieu of
those now current has produced an unsettled
feeling, and led to many sales of bonds ; the induce-
went to sell has been increased by the rapid advance
of the premium on-gold, amounting to 13% per cent.
during the week. The result of these causes has been
a fell of per cent. in the 5-20 Bonds. Illinois shares
have given way, 1 per ccJt., closing 38 to 8815. Erie
remain steady at about 48, with few transactions. The
Panama Railway Seven per lent. Loan, at par, for
£569,800 has all been subscribed for, and commands a
premium to 1 per cent."
The fona.iing review of the rice market for the
'Past month is fro-1 Messrs. Jackson and Till's Cir-
cular :—" During the remainder of last month the
rice market continued in a depressed state, and in
most cases rather easier rates were accepted in the
limited transactions that occurred, the approaching
close of the year and Christmas holidays tending, as
usual at that period, to contract business operations
into a very small compass. Since the opening of the
newt yhouear,gh hat ever, a much better tone has existed,
d
Present higher prices have not been
Paid, the active
advance in the corn market, and a
renewed demand for cleaned rice, lead us shortly to
expect a revival in rough ; and with the very short
stock of soft grain rice as compared with this time last
Year, there being only 11,023 tons against 27,757 tons,
end estimating that out of the total quantity now afloat
°nly about 7,000 tons are likely to come here, the posi-
tion of this description appears prominently favourable.
and a moderate advance in.price is more than probable.
In Public sale 18,000 bags Siam rice sold at 12s to 13s
Per cwt., being its full value, the quality of the bulk
Proving inferior in colour. In Liverpool considerable
animation has already prevailed, followed by an advance
of 3d to 6d per cwt., that market having thus
taken the lead of ours in the upward movement we
anticipate, The stock there has also turned out to be
about 2,000 less than was estimated. The quantity
Low
afloat for Europe is 54,370 tons, inclusive of
Saigon rice, aaainst 12,571 tons last year, and the
stack here is 17,210 tons agaifist 29,332 tons."

BRITISH FUNDS—TWO O'ALOOK.
tiovERNMENT FUNDS.
° Per Ueut. Consols
0
3 . Account, Feb. 6
D 924 i
per Cont. Itoiluetql -
"ew 3 Per (Jou 92-k *
lieW 2 per Cent, i4n. 1M - . .
..