The Sun.
London, England, 1868-05-30 00:00:00

MONEY IARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.

The Stock iMarkets are firm, but inactive, owing
to the absence of numerous members of the Stock Ex-
change, as Monday next is to be observed as a holiday.
The Funds show a further slight recovery. In Foreign
Stocks, especially the speculative descriptions, have
again improved. Railways are without particular
change.
The Discount Market is exceedingly quiet, at 1 to
1g per cent. for the last bills.

The funds are fil;ai---rtbout last night's closing
prices, viz., Consols, 95 to 96 for money, and 94i to
94, and dis. for account ; New and Reduced, 94f
to 9cg ; Exchequer Bills, 73 to 12s preiu. ; India
Five per Cents., 1161 to 1171 ; and Rupee Paper,
10-n to 1051.
Speculative Foreign Stocks are in good demand.
Italian arc better, at 52 to 521, and there is an
advance of -1- in New Spanish, at 37if to 374, and in
Turkish at 3S to 381. Mexicans, 161- to 16i ; Greek,
13.1 to 141 ; Peruvian (1865), 86 to 87 ; Brazilian,
17 to 78 ; Egyptian, 81 to 82 ; ditto Railway Deben-
tures, 92 to 93 ; Viceroy's Seven per Cents.. 731 s
to 74.

Continental Railways are steadier, Lombardo-Ve-
netian being 14 to 15i, and Great Luxembourg 111
to 12.

English Railways are without much change. Lan-
cashire and Yorlishire are 1281 to 1291 ; Midland,
106 to 1071 ; South Eastern, 761 to 77f ; London
and North-Western, 1151 to 115/ ; Great Northern,
102 to 103 ; Ditto A, 971 to 971 ; Great Eastern, 351
to 3511 ; Great Western, 53i to 54 ; Brighton, 52/ to
53; Sheffield, 441 to 44i ; Metropolitan, 111 k to
1121 ; Caledonian, 74i to 73 ; and Chatham, 20 to
21.

Joint-Stock Bank Shares show no change. Agra
(k), are quoted at 10 to 10/ ; Alliance, 13 to 12
cbs ; Anglo-Austrian, 5 to 51 prem. ; Chartered
Mercantile, at 27i- to 284; Consolidated, 4 to 4ft;
Imperial, 18 to 19 ; Imperial Ottoman, 1i to
prem. ; London and County, 52 to 53 ; London
and Westminster, at 70i to 70i ; London Joint
Stock, at 35 to 36 ; and Union of London, at 34i
to 35
Cable Shares are a little firmer. The Anglo-Ameri-
can, at 221 to 24 ; and the Atlantic Telegraph, at 5
to sk, are nearly better.
if anything, Finance and Credit Shares are a shade
easier. International, Financial are 1/ to 1 dis. ;
London Financial, 22h- to 21i dis. ; General Credit,
2g. to 2it dis. ; and National Discount, 104- to
In Foreign Mines, St. John del Rey are 18 to 181 ;
Port Philip, 1 to 1 ; and Chontales, 1 to
The gold taken to the Bank of England yesterday
amounted to £105,000.
The Ripon leaves for the East with £3,419 in
gold.

Tenders are invited by the Great India Peninsula
Itailway Company, to the 12th June, for £600,000
debenture stock, bearing a guaranteed interest of 5 per
cent,

The proposed dividend of the Bank of British North
America of 45s per share is announced to be payable
en the 4th July.
Monday will be observed as a close holiday in the
Stock Exchange.
The following is Messrs. Mocatta and Goldsmid's
bullion, circular :—" The prices of bar silver and
Mexican dollars slightly receded shortly after the date
of our last (13th inst.), and it was feared that the
large amount just received by the West India mail
would have still further depressed our market ; but
the last prices, 60- and 58k, have been realized.
Other large supplies of dollars from Mexico may be
shortly expected ; and, as there is no probability of
any inquiry for the East, it is very doubtful whether
the present prices can be maintained. The arrivals
of gold from Australia and America have been on a
very large scale, and further considerable remittances
are shortly due. The French Exchange, however, is
now at a point which leaves no profit on the export of
geld, and the Bank is likely therefore to continue, as
it now is, the only receiver."
The reports to hand from the chief continental corn
Markets state that, though there is a further decline in
seine places, sellers generally are opposing more
resistance to the downward tendency. In some mar-
kets the farmers are holding out ; but at Marseilles
on Wednesday holders were extremely desirous of
r,ealising, especially in respect to supplies from the
uanube.
The list of applications for the issue of .£411,000
First Mortgage Sterling Bonds, of the European and
North American Railway Company, will be closed on
Tuesday next.
Vice-Chancellor Mathis has appointed Mr. Smart
(of the firm of Frederick B. Smart, Snell, and Co.),
with Mr. Romanes, official liquidators of Thompson's
Patent Universal Airtight Stopper Company.
The Great Britain Mutual Life Assurance Society
deserve the thanks of all insurers for introducing a
system of terminating annual premiums and sums
assured payable during life. It is obviously so
beneficial to the policy-holder, without affect-
ing the interests of the company, that the
Principle cannot help spreading. It is arranged that
the bonuses from time to time declared may be ap-
Plied in the first place, in extinguishing the premiums
after a limited number of annual payments, and after-
twar d s in making the amount of the policy payable
during the lifetime of the assured. In the words of
he
society—" The holder of a policy, effected at the
ordinary rate of premium for an assurance payable at
death
only, has thus the option of securing in combi-
nation the two most important advantages which
hive of late years been introduced into the system of
life assurance, and this without any addition to the
amount of his annual premium. These two advan-
tages are, first, a `free' or paid-up' policy ; and,
Secondly, a sum assured payable on his attaining a
given age, or earlier in the event of his decease."
The traffic receipts of the Great Central of Belgium
hallway for the week ending the 28th of April
amount to £9,257 4s 3d, being an increase of
'2,955 10s 10d as compared with the corresponding
Period of last year, and making the increase so far
this year £25,593 lls sd.
The Board of Trade returns for the month, and
four months ending April 30, have been issued ; and
with regard to the month they appear to indicate
rather a considerable revival in our export trade. For
example, the following are the declared values of the
exports for April :-
1868
1867
1866
Nor with respect to 1867 are the results of the fou
Illenths' exports at all unsatisfactory :-
1868
1867 ... • It
1866
The value of the imports, which are brought down
0413, to the 31st March, show analogous results—
Meath ending March 31. Three months ending March 31.
1868
... £21,449,424
1867 ... 18,399,265 .
,T,1866 . 21,294,683
imports and exports of bullion and specie
ilrlng the four months are—
Imports £7,100,102
Exports ..., 5,917,862

Excess of Imports .. £1,182,240
a, The entries and clearances of shipping during the
,11°1e period are generally favourable, compared with
ose of the preceding year.

BRITISH FUNDS-CLOSING PRICES.
(I OVERNMENT FUNDS.
a tir Cent. Consols
3 itto for Account, June 4 - i
Neap
Cent. Reduced 941 f
-tz." 3 per Cent
'"osv 2/ per Cent. Jan. 1894 -
d 5 per
Utluities, SO yrs, expire sth Jan., 1880. -
L3O. for 30 yrs, expire sth April 1885 123
z "0 (Red Sea Tele6raph), Aug., 1908 -
Looquer Bills, £l,OOO, 2 per Ct l2 pm
Do .
£5OO - 77
£lOO & £2OO - II
13a,uof England Stock, 41 per Cent -
'Jo. Account
)r, a , LIMAN GOVERNMENT SECURITIES.
-"La Mock, 103 per Cent.,April 1874 ... -
li),0. Account
-
DO. 5 per Cent. July, 1880
-h°• 4 Per Cent., Oct. 1888
"-',..,0. Certificates -
go. Enlaced Paper 4 per Cent -
DO. 5 per Cent., Jan. 1872
D 0
6} per Cent., May 1879 llO
''''l3 5 per Cent., Rup. Deb. 1872 -
Do. do. 1877 -
r, Do. do. 1882 -
""„,-. Debper Cent., Aug. 1873
.• 5 lO5l
'go- Bonds, 5 per Cent., £l,OOO - Pm
"0. under £l,OOO
11 :t r i FOREIGNOu - Pm
d FUNDS-CLOSING PRICI S.
. ti,entitie Repult c, 8 per Cent
5 per Cent. 1859 -
t",,zilian 5 per Cent - xd
is)o3. 4/ per Cent., 1852 -
1, • do., 18:;8 -,8 -
IJ`° de" 1810 -
Do. "
do., 18613 -
1)a• '3 per Cent. 1865 _
A . , ~.ccount 77i I I I
4.'
~e,j°B /lyres 6 per Cent -
(•:10 2 Per Cent. (Deferred 3 per Cent ) -
(24 'N 6per
ean G per Cent.
-
°•.. 4/ per Cent -
,1;00. C per Coot., B -
D
_., 1867
-1-)0., 7 per ,Cent., 1866
0 , ,LB,criP £32 paid -
Ntii-s,"`a„o, 6 per -
D ,qui`k °P 'r Cent., 1825
••-, Ban Principaities, 7 per Cent 73
~:iJ° por Cont., 1867 ~ 801 1
b.;,1'a(1,9r Now Uonsolidatod, 1 par Gen?. 13 i
y4inlan, 7 per Cent ••
_o. Secoud issue BO
1.)0. 4500 Bonds