The Sun.
London, England, 1868-02-21 00:00:00

THEY. HARKET

A ND
3 .-TAIER,CIAL 0.:••

CITY, Two O'CLOCK.
The discount demand is quiet, at to 1 per
cent.

The Wheat Market is firm, at Monday's prices.
Consols are firm, at au advance of f, at 93 to
938 for money and account. New and Reduced
Three per Cents., 934 to 938 ; India Five per
Cents., 1114 to 112 f ; Bank Stock, 248 to 250 ;
Exchequer Bills, 12s: to 17s. prem.
Foreign Stocks have further improved. There
is a fresh rise of, in the Viceroy's Seven per Cent.
Bonds, at 75 to 751, off in the Nine per Cents., at
90 to 901, and in Egyptian (1830), at 88 to 89,
and of -I in the Railway Loan, at 92 to 921. Peru-
vian (1865) Bonds are f better, at 76 to 761, and
there is an advance of I in Mexican, at 151 to 164 ;
in Greek, at 121 to 13 ; in New Spanish, at 36/ to
361 ; in Turkish (1865), at 321 to 32k ; and iu
Italian (1861), at 44; to 441.
The New Honduras Loan is steady, at 1 to 1/
prem.

In American Securities United States 5-20 Bonds

are steady, at 72 to 721 ; Erie Railroad is 1 lower.
at 47 to 48 ; Illinois I, at 88 to 89.
Atlantic and Great Western Railway Deben-
tures remain firm, at 261 to 27f ; and the Conso-
lidated Mortgage Bonds at 25 to 26.

Railways are in moderately active demand. There
is an advance of 1 in Metropolitan, at 1131 to 114 ;
of 1 in Great Eastern, at 30/ to 31 ; of 1 in Cale-
donian, 85 to 851 ; and in Great Northern, at
1071: to 1081 ; of 1, in North British, at 35 to 351 ;
and of in Brighton, at 45 to 461 ; and in Great
Western, at 46 to 461 ; Lancashire and Yorkshire
are 127; to 1271 ; Midland, 1074 to 1071 ; South
Eastern, 721 to 721 ; London and North Western,
118; to 1181 ; Great Northern A, 1081 to 1091 ;
Sheffield, 42 to 431.
Bank shares on the whore are steady. Chartered
Mercantile is 1 lower, at 28 to 29, while Union of
London is 1 better, at 34 to 25. Agra (A shares),
11 to 111 ; Alliance, 131 to 121 dis ; Consolidated,
to prem. ex div ; Imperial, 171 to 18 ; London
and County, 52 to 53 ex div ; London and West-
minster, 68 to 69.

Finance Shares are quiet, and the only quotable
change is an improvement of k in General Credit,
Which is quoted at 24 to 2k dis. International Fi-
nance 2/ to 11 dis. London Finance, 24 to 23 dis.
Credit Foncier shares are 3i to 3+.
In miscellaneous securities rather more business
is doing, but prices are not materially altered. H ud-
son's Bay is 41 lower, at 14i to 14k. Atlantic Tele-
graph 8 per Cents. is dull, at 5 3-16 to 5 5-16.
Anglo- American Pelegraph, 19i to 19-.1 ex div.
London General Omnibus, 1 to 2A-.
Peninsular and Oriental Steam Company's shares
are lower, at 57 to 59.
CITY, TWELVE O'CLOCK.
-.Eno Bank iteturn does not show any material
diminution in strength, though the Bullion and the
Reserve aro both lower. The Reserve is not much
above twelve millions and three quarters, but the
Bullion exceeds twenty-one millions, so that, though
they are less than the amounts of last week, they
arc still important in their several aggregates.
The • Government Securities have been dimi-
nished by repayments half a million, and con-
sequently the public deposits are very low for this
pried in the quarter, being no more than£4,048,567.
That the demand for money has been inconsiderable
is shown by rather a large falling off in the private
securities, which reduces the aggregate to about six-
teen millions and a quarter. The following are the
principal Changes compared with the return of last
Week :
Increase in circulation ---- £468,441
Decrease in Public Deposits
Decrease in other Deposits.
Decrease in Government Securities 500,000
Decrease in other Securities
Decrease in Bullion
Increase in Rest
Decrease in Reserve
Bullion in both Departmeats ...... 21,192,149
Reserve of Notes and Coin 12,818,989
Circulation, including Bank Post Bills-23,971,756
The return of paid clearing for the week ending
Wednesday, Feb. 19, as certified by Mr. George
berbyshire, is as follows :

Feb. 13, Thursday . -P8,735,000
Feb. 14, Friday
Feb. 15, Siturday
Feb. 17, Monday 10,877,000
Feb. 13. Tuesday 10,844,000
Fell, 19, Wednesday .......

Total £76,055,000
This is a considerable total compared with that of
the precedi.ng week. The addition arises chiefly from
a heavy settlement on the Stock Exchange and the
maturing of colonial hills. There is, however, reason i
to believe that the clearing of interval bills as n-
creasing.
There were no bullion operations at the Bank yes-
terday.
The Don Pedro North del Rey Mining Company
announce a dividend of 5s per share of 14s, making
13s for the year 1867.
The arrivals of wool to date for the forthcoming
London sales amount to 103,258 bales.
The annual general meeting of Price's Patent
Candle Company has been called for the 26th March,
for the purpose of receiving the directors' report and
to declare a dividend.
The ordinary general meeting of the Agricultural
Ilan Company has been convened for the 3d March,
to receive the directors' report and to declare a divi-
dend. After which the meeting will be made special
for the purpose of authorising the directors to borrow
a Sum not exceeding £3,000.
The subscription list of the second issue of the
Orel Vitebsk Railway Loan was closed tale morning
?t twelve o'clock. Besides this loan, other railway
loans are being emitted by the Russian Government,
11(1 among them one of £700,500 at 6 per cent.
Interest for the construction of a railway from
llelsingford to St. Petersburg, to be issued at 96k,
and to be redeemed at par in 43i years The con-
tractors are Messrs. Erlanger and Son*, to :Frankfort,
the Vereins Bank, and Messrs. Haller iiild Messrs.
Tolde and Co.
of Hamburg.
Mr. Charles ,E. Stewart, who filled l-e Offia4
Secretary to the London
and North Western Run-
way Company fur nearly 20 years, and who has been
chairman to the Angke•Aineriean Telegraph Company
since its formation, about two years since, expired
suddenly in the Board-room of that company on Wed-
nesday evening, taxa 12th just h
sot y e b fore six
o'clock.
There is ;7,4%1 reasim fpr believing that .it) negotia-
tions for the consolidation of the Egyptian debt are at
an end, and it is believed that the parties with whom
a provisional contract seems to have been made, have
proved unable, from the want of combination, to move
beyond the first step. Meanwhile, the current advance
in the price of cotton has created a decided improve..
Illent in the present and the prospective financial
condition of the Pasha. Within the past week alone
the difference in the price of Egyptian cotton has im-
proved the immediate resources of his Highness to the
extent
of £700,000. Under these circumstances it is
sexpected that the necessities which led to the provi-
eional engagement referred to will be met by a tem-
orary loan of about X 2,000,000 about which there will
cipe no difficulty. This is the explanation of the in-
casing strength strength of Egyptian securities.
aThe French journal of public works states that the
rnarititue cities of Bordeaux and Dunkirk have
....alered to the State the necessary sums to secure the
14'..,hvention required for the various works required to
"?.ance their commercial interests. Bordeaux offers
xl()10,000 for the construction of docks, and Dunkirk
buildings of
for the improvement of the harbour and the
of a new floating dock.
Hungarian Government has officially announced
atlil.cit the subscription to the late loan has produced
liiitad.Y £4,000,000 sterling, a sum which will be
anaent to carer on the works for the next eighteen
Ilion tbs.
vast
The report of the Credit Foncier of England for the
coni -
ar f-ye shows that the general affairs of the
1P half-year
have, during that period, materially im-
tiie "ed• Including the balance brought forward from
profit last account, the available balance of
per amounts to £63,754 equal to a six
of ti cent. dividend. In consequence,_ however,
Slii loss of £40,574 lOs by the China Steam
riffo, Company, which it is proposed to write
ao,,n' °nee, no dividend is recommended. The above
Larnt and a further deduction of £4,973 16s 2d for
debts, reduce the balance to £18,205 14s 3d,
NI ell it is proposed to carry forward. The other
eun'ePallies in which the Credit Foncier are largely
I,o).erned are making progress, and the directors are
1;• "no' forward to the time when the actual results
riii,le'it'iStifY the confidence reposed in their enter-
The
euinrfollowing is Messrs. Durant and Co.'s silk cir-
oe , dated Feb. 20 :—"The periodical public sales
mitte
tit ofteneed yesterday and are concluded. The quan-
)4ed was about 1,000 bales Bengal silk, 3,500
silks China, 400 bales Japan, and 800 bales Canton
very fe-ae whole was allowed to pass heavily with
quiet tbNiv biddings. The general market has been
°1" h„
!eas week, which is not unfrequently the case on
41.
zntediate ewe of public sales, but
44144 tO he rather Lucre cheerful.' to-day toe