The Sun.
London, England, 1868-01-16 00:00:00

MONBY MARKET

AND

COMMERCIAL INTELLIGENCE,

CITY, TWO O'CLOCK.
Very little business is taking place in the Stock
Markets, but quotations are steady. The Funds,
which rallied I per cent. towards the close of yes-
terday, remain • firm at the advance. The more
pacific appearance of foreign politics favours Go-
vernment Securities of all kinds. At present prices
are low, and there is therefore an additional incen-
tive to purchasers. The Railway Mark et is much
what it was at the close yesterday. The Midland
meeting has not as yet had any favourable effect
upon the shares. Bank Shares are steadier.

The rate for money continues to decline, and the
best short-dated paper is now taken at la per cent.
Consols are firm, at last night's advance, at 92a
to 921 for money and account. New and Reduced
'Tree per Cents., 93 to 931 ; India Five per
Cents., 111 to 1111 ; Bank Stock, 240 to 242 ;
Exchequer Bills, 225. to 275. prem.
The New Honduras Loan is steady, at } to 1
prem. ex coupon.
In American Securities United States Five-
Twenty Bonds are ff better, at 711 to 711 ; Erie
Railway steady, at 471 to 481. Illinois are lower,
at 84 to 85.

Atlantic and Great Western Railway Debentures
have risen to 23 24, and the Consolidated
Mortgage Bonds 1, to 21} 22.
Of Foreign Stocks Brazilian (1865) and Turkish
(1865) are in demand. The former is 1 better, at
751 to 761, and the latter /, at 30} to 301; New
Spanish is i lower, at 341 to 35k. There is no
change in Mexican, at 15 to 151 ; Greek, 121 to
121 ; Italian (1861), 42 to 421; Portuguese Scrip,
1 to 11 preen, ; and Egyptian Debentures, 921 to
92i.

Bank Shares are steady. There is an advance of
10s. in City, at 11i to 12i ; in London and West-
minster, 70/ to 1i ; and London and County, 52 to
53 ; Union of London, 30i to 31i ; and Alliance,
13 to 12 dis.
London Financial Shares are 24 to 22 dis., and
International Finance 2 to 11 dis.
The Mr. Fawcett who took part in the proceed-
ings of the meeting of the Union Bank of London
yesterday is Mr. Edmund A. Fawcett, of St.
Alban's.

English Railways are steady. There is an ad-
vance of k in Great Northern, at 106 to 107 ; and
in Sheffield, at 44 to 448 ; of a in Great Eastern,
at 29 to 291- ; and in Caledonian, at 734 to 74 ;
and of k in Great Western, at 45f to 454 ; and in
Metropolitan, at 1158 to 115/. South Eastern are
/I lower, at 67 to 674. There is no change in the
Lancashire and Yorkshire, at 123 to 1234 ; Midland,
103 k to 103 i ; London and North-Western, 114
to 1144 ; Great Northern A, 107 to 108 ; and
Brighton, 48 to 484.
A Stock Exchange bas been opened at Liege. The
ne Belgian law providing freedom in trade as to
brokers has come into operation, and Brussels is now
a free market, the same as London, Frankfort,
Amsterdam, and Geneva. The rules of the Brussels
Stock Exchange have been entirely revised with
that view.

CITY, TWELVE O'CLOCK.
The ordinary general meeting of the City Gas Com-
pany has been called for the sth of February, to
receive the directors' report and to declare a dividend.
The half-yearly meeting of the London and South
Wester Railway Company has been convened for the
13h of February, for the purpose of receiving the
directors' report and to declare a dividend.
The
Syr ci• numbers are published of 79 bonds of the
e Ish Four-and-a-Half per Cent. Government Loan
of 1864, amounting to £ll,BOO, which have been
Arawn for re-payment at par on the 15th of April
"t, and on the 15th of October next.
Messrs. fl. L. Routh and Co., one of the oldest
and most extensive firms in Montreal, suspended pay-
rnent on the 3d inst. Messrs. Brown and Gillespie,
of Hamilton, Canada West, and one of the largest
disaster
in the West, had also suspended payment. The
'-Ilsaster caused much excitement. The failure is also
.anounced of D. C. Hopkins, of Cincinnati, with
liktbilities estimated at $1,000,000.
to meeting of the shareholders of the City
aK, convened for Tuesday, the 21st instant, a
clelviideed at the rate of 7 per cent. per annum will be
exoe,ared upon the paid-up capital for the half-year
"'lig upon
December last.
wThe traffic receipts on the Atlantic and Great
-"reonste,,l:n a Railway for the third week in December
`" t 6 $96,076, against $84,119 in the cor-
STI tnP,,e115(,, 1 i.ng period of 1866, showing an increase of
tad
The following is from Messrs. E. F. Satterthwaite
„Company's circular •
~,ahlrallse oudon market for American Government securb.
cans. "ring the past week, been influenced by conflicting
adv;B, the premium on gold in New York having gradually
ljniitleed more than 5 per cent., while at the same time
natural
States' Bonds have improved nearly 2 per cent. The
2,1,al effect of these would be to depreciate the bonds about
for M compared with last week, our latest quotation
a, 71 to I, shows a decline of only 94 per cent. The
trLie..eehere is now relatively to 1 higher than in New York,
ALru-olpi o lastt
week it was just so much beneath quotations on
'" other aide. The 1865 issue maintain their usual
IdtZ. to. the 1862'5, being just 1 per cent.
Illinois Central shares close 841 to 85 ex
Teaenhadet;e , which is equivalent to a fall of about 1 per
rues remain with but little alteration, at 471 to 481.
Great
been a marked improvement in Atlantic
adyan" at Western First Mortgage Bonds, they have
Bandsced fu"Y
havingthree per cent., and the Consolidated
movement on more inquiry, participated in the upward
r,
thtouched 23, but from the highest point
s s been some reaction, and they leave off at 21 to 22.
a7rtoivlitincate of debenture, after rising to 26, close 224 to 231,
anon„e but little alteration from the quotations of a week

BRITISH FUNDS.—CLOSING PRICES.
GOVERNMENT FUNDS.
° Per Clem. Consols Do. Account, Feb. 6 9
92i
/
New
per Cent. Reduced
93 3
per Cent
93 1. 2i 31
21 per Cent. Jan. 1894
Do. 5 per Cent. .) an. 1873 —
Annuities, 80 vrs, expire sth Jan., 1880 —
Do. for 30 yrs
, expire sth April 1885 —
EL o (Red Sea Telef„raph), Au,,., 1908 — cheqo uer Bills, £l,OOO, 2 &21 per Ct 27 23 pin
D £5OO pm Do. &
Bank of England S£lo toco £2OO
k. 41 per Cent pm—
Do. Account
INDIAN GOVERNMENT SECURITIES.
lndiau Mock, 10f per Cent., April 1874...
DO. Account
-)o. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent 86.1 7}
Do. 5 per Cent" Jan. 1872
Do. 51 per Cent., May 1879 lOBl
Do. 5 per Cent., Rup. Deb., 1872 —
Do. do. 1877
Do. do. 1882
Do Deb., 5 per Cent., Aug. 1873
Do. Bonds, 5 per Cent., £l,OOO
80, under £l,000
Pm
FOREIGN FTTNDS—CLOSING PRICES.
Ar;entine Republic, 6 per Cent
Austrian Bonds, 5 per Cent. 1859
I3ra4ilian 5 per Cent
Do. 4} per Cent., 1852-58-60
..... Do. 1863
-uo. 5 per Cent., 1865 —
Do Account 76 i.„ ID o. £lOO Bonds
•Uuenos Ayres 6 per Cent
0 ub
DJ per CeCennt. (Deferred 3 per Cent.)
a 2 6 per
Ouilian 6 per Cent
Up. 4} per Cent —
. 0
per Cent B • ----
1)0., 1867 ~
85 5/ 61
130., 7 per ,Cent, 1866 9l 901-
-00., Scrip £32 paid
1 •
1)' '
•flabian, 6 per Cent.
3) itiubiaia Principalities, 7 per Cent 63} 3
1,1)0 8 per Cent., 1867 6o}
luador New Uonsolidated, 1 per Cent — t;gyptian, 7 por Cent BBl 8
.„j /". St.( oed Issue Bl
D'• '• -f5 )0 Tionds
`-'°- £IOC Bonds —
, Do. 1864
,-'1...f510 Bonds 9O/
DO. £lOO Bonds , .... 91
(.1 Government Railway Deb,ntures .... 92}1} 21
reek, 5 per Cent. 1821-5, ex Coups —
1s);(').. Account
'
r, :J.to• Account •
.;.,._ tonola 5 por eon t, .. — 4,' 11,11 ram Gov. Rail. Loan., 7p. Ct., £l5 pd — pm
kt i,
.-slaU ~ It I. Cu r t., 1860
1-42) Account .. 6Bl 1
1, -0?. Alarenunana Raiway •-')xlezti-, 3 per Cent —
Ditto for Account
, Do.
1864
t,-_`-'0 6 per Cont. Anglo-French —
New!l,ontevidc,an per Cent.
lo imperial 5 per Cent
per Cen
:1)' o'• r),f,o 1
1,
el? '3 T.,and Warrants (Hectares)
iltioyAlti ctcobupnetr. . Cent. 1865
69
De
4i Per Cent:(brliZel.). ''''''''''''''
—7O 691
MI