The Sun.
London, England, 1868-03-28 00:00:00

MONEY MARKET

AND
COMMERCIAL IN TELLIGE NTE,

CITY, Two O'CLOCK.
Little change has taken place in the stock markets,
but, on the whole, they have assumed rather a stronger
aspect, more especially Italian, and a few o*her stocks.
The Funds are unaltered, and!slightly dull. They are
indirectly affected by the probable increase in the new
French Loan. Railways are, for the most part,
steady. This is the first day of the fortnightly settle-
went, and to some extent the arrangements connected
with the adjustment of taw ac,:ousit interferes with
ordinary business.
A good demand continues to prevail for money, ants
rates are maintained at 2 per cent, on the best bills.
Consols are without movement, at 93 to 931- for
money and account ; New and Reduced Three per
Cents., 91:4 to 92 ; India Five per Cents. are firmer
at 114 to 114!;-. Exchequer Bills, 8s to 12s prem.
The Foreign stock market is firm. Italian are in
chief demand, and the price of the 1861 Bonds is 48
to 481, showing an advance of 1. atyptian Railway
Loan (1864) is also 1 higher, at 90 New Spanish are
-k to better, at 35/ to 3Z.11, and there is an ad-
vance of k in Greek, at 12k to 13, and in
Peruvian, at 7W,- to 79 ; Mexican is the same, at 15. k
to 16 ; Turkish -(1865), 33 to 33k- ; Portuguese, to
prem.; Egyptian (1864), 86 to 87 ; Viceroy's Seven
per Cents., 72 to 72. k ; ditto, Nine per Cents., 831 to
89 • and the Orel-Vitebsk Bonds are 79/ to 791.
In American Securities United States 5-20 Bonus
are steady at 72 to 72k ; Erie Shares unaltered, at
46 to 47 ; Illinois better, at 891 to 901.
Great Western Railway shares opened firm, at 43
to 48k, but there has since been a fall of 1 per cent.
Caledonian are steadier, at 751 to 76 ; Lancashire and
Yorkshire, 125 k to 1251 ; Midland, 105 to 1051 ;
South Eastern, 721 to 73 ; London and North
Western, 114/ to 1141 ; Great Northern, 1021 to
1031 ; ditto (A), 971 to 98k ; Great Eastern, 324
to Sak ; Brighton, 491 to 50 ; Sheffield, 43 to 431 ;
and Metropolitan, 1131 to 114/.
The allotment letters of the Metropolitan District
Railway Debentures were issued this morning, and the
price is quoted 21 to 3 prem.
Bank Shares continue in quiet demand, and prices
are unaltered. Agra (A shares), 10 to 10/ ; Alliance,
1314 to 121 dis.; Anglo-Austrian Chartered Mercantile,
24 to 29 ; Consolidated, 41 to 4, • Imperial, 17 to
171 k ; Imperial Ottoman; dis. to "4- prem. ; London
and County, 51 to 52 ; London and Westminster,
67 to 68 ; Oriental, 42 to 43 ; London Joint Stock?
301 to 311 ; Union of London, 31 to 32.
In Foreign Mining shares St. Jona del Rey is
I lower, at 191 to 201 ; Port Philip, 11 to 11 ;
Chontales, lk to 14 dis.
The dealings in miscellaneous securities are new
and unimportant. The only change in prices is a de-
cline of k in Hudson's Bay, at 14 to 14/ ; Anglo-
American Telegraph, 8 per Cent., 54- to 5,/ .; Fore-
street Warehouse, 22 to 2 dis. ; London General
Omnibus, 14 to 2 ; Thames and Mersey Marine In-
surance dull, at 4k to 4.
The half-yearly meeting of the Great Luxemburg
Railway Company will be held in Brussels on the
15th April to receive the report of the directors and
statement of accounts.
The sum of £6,000 in foreign gold coin was with-
drawn from the Bank yesterday.
A further amount of .£11,600 in foreign gold coin,
has left for New York by the Saxonia.
The Ceylon leaves to-day with £120,000 in English
gold coin for Egypt.
The price of bar silver has been further reduced to
GOA per ounce, and dollars to 59d.
An official proposal is made to settle the claims of
the creditors of the European Bank by a payment of
is 6d in the pound at once, and lOs in three half-
Yearly instalments, commencing on October 15.
This with the previous distribution will make a pay-
tient in full.

The Dundee Advertiser states that a jute spinning,
and manufacturing firm, with works in the ueiglibour-
hood, have stopped payment. Liabilities are esti-
mated at £lO,OOO ; but it is expected that arrange-
ments will be made to resume payments at once.
The stoppage is also announced of a manufacturer
here, with liabilities to the extent of about £7,000.
A meeting of Mexican bondholders was held yes-
terday, when a permanent committee was formed, in
the place of the provisional committee, with the view
of taking such steps as may be deemed most calcu-
lated to promote the interests of the bondhlders.
The loan of £47,000 for the city of Liege has
been wholly subscribed in Belgium. In was intro-
duced on Monday last, and by Tuesday many more
than the 118,700 obligations into which the loan is
divided had been applied for. It has been deter-
inined in the allotment that the appliehtions on the
first day shall receive in full, but that those sent in
on the 24th shall be subject to a fixed scale of reduc-
tion. Thus, applicants who asked for one and two
obligations will receive in full ; those from three to
ten are subjected to a reduction of one half, and
those above ten; to a reduction of 30 per cent.
At their meeting yesterday the Devonshire Great
Consolidated Copper Mining Company declared a
dividend of £7 per share.
Major General Saunders Abbott, late Commissioner
of Lucknow, is appointed agent of the Punjaub and
Delhi railways.
The Railway Shareholders' Association of Man-
chester have convened a "national conference of
railway shareholders" for Tuesday and Wednesday,
the 14th and 15th of April, in that town. On the
opening day Lord Cranborne, M.P., will preside ; and
on the second day Mr. John Platt, M.P., and many
distinguished public men will be present. The objects
are to effect improvements in railway administration
and legislation, and to secure mutual co-operation
amongst railway companies.
The receipts of the Caledonian and North British
railway Companies for the past week show an in-
crease of £3,631.
The traffic receipts of the Great Central of Belgium
Railway from the 19th February to the 3d of March
show an increase of £4, 730 as compared with the cor-
responding period of last year.
The half-yearly meeting of the Grand Trunk Rail-
,ay Company has been convened for the 30th April,
Tor the transaction of the ordinary business of the
Company, after which the meeting will be made
special for the purpose of authorizing and approving
all agreement between the Grand Trunk Railway
°f Canada and the Great Western Railway of Canada.

BRITISH FUNDS—CLOSING PRICES,
. GOVERNMENT FUNDS.
° Per Cent. Consols
„ Do. Account, April's
Lper Cent. Reduced 914 2
~,"eur 3 per Cent 914 2
"°Nv 24 per Cent. Jan. 1894 —
Annuities,Do. 5 per Cent.," an. 1873
30 yrs, expire sth Jan., 1880. xdDo. for 30 yrs, expire sth April 1885 —
, Do (Red Sea Televaph), Au,,., 1908 —
•Eitchequer Bills, £l,OOO, 2 per Ct. pm
Do £5OO pm
-14 Do. £lOO & £2OO pm
4"ank of England Stock, 44 per Cent —
Do. Account
'lll INDIAN GOVERNMENT SECURITIES.
44 stock, 104 per Cent., AprillB74
Do. Account
D 0.5 per Cent. July, 1880
4 per Cent., Oct. 1888
Do. Certificates
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
O. 54 per Cent., May 1879 —
Do 5 per Cent., Rap. Deb., 1872 —
Do. do. 1877 —
Do. do. 1882 —
-ut,. Deb., 5 per Cent., Aug. 1873
O. Bonds, 5 per Cent., £l,OOO " pm
Do. under £l,OOO ,
FOREIGN FUNDS—CLOSING PRICES.
tNentine Republic, 6 per Cent —
litriati Bonds 5 per Cent. 1859
r,t4ilian 5 per 'Cent —
',':',o. 44 per Cent., 1852
4-0. do., 1858.... —
LO.DO.
do., IMO —
-"0. do 1863 —
~
-uts O. 5 per Cent., 1865 —
uo Account 721 2
'nenos Ayres 6 per Cent —
e Do 2 per Cent. (Deferred 3 per Cent ) 42
&Mg) 6 per Cent.
4,itian 6 per Cent —
•uo. 6
. 1)04 no 4 perrCCentent —
rs - , . B
-uo., 1867
DO., 7 per ,Cent., 1866 —
e 0., Scrip £32 paid
e )1' nabian, 6 per Cent.
httnish, 3 per Cent., 1825
''lnubian Principalities 7 per Cent —
'4ll/0 8 per Cent., 1867 714 24 •
le,nador New Consolidated, 1 par Cent —
OPtian, 7 per bent
,0. Second Issue —
'"„.,,). 500 Bonds
'-'O. £lO6 Bonds..
Do DB6l ,1 0..£5;0 Bonds 1864
861 54
1,?. £lOO Bonds ..... 874 7 8
41.,,,overnment Railway Debentures ..... 90 884
e6c, 5 per Cent., 1821-5, ex Coups
D°. Account
..
,0. Coupons
"0. Account
404atetnala 5
per Cent .. —
It
,nduras Gov. Rail. Loan., 10p. Ct., £25 p
tian 5 per Cert., 1865
'lO, Account
i)
?. Marernmana Itaiway —
t'Nx.icar.. 3 per Cent
~,Itto for Account
Do
ti , • 1864
14, ( 6 per Cont. Anglo-French —
kozuevidotoz 6 per Cent. .
kic'rish Imperial 5 per Cent
'''' Granada 331 1-
Do ' '
D 3 per Con —
°. Defer .•i a
pe;o 4t1(1 Warrants (Hectares)
oihriat Uper Cent, 1865 78,6,
.000 Accnt 784
1),., 4i- Per Cent. (Uribarren)
" 41- per Ceut.: 1.862