The Sun.
London, England, 1868-03-16 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.

The Stock markets are steady, but still there is an
absence of demand from the public, who, pending
the close of the quarter, abstain from dealing either
for investment or speculation. In Railways the
variations are inconsiderable. Foreign Stocks are
rather stronger, especially Egyptian, i❑ which the
reaction seems to be supported by boa fide pur-
chases. Portuguese are also better, and Mexican have
to some extent shared in the improvement. In
American Securities a fall has occurred in Eties, but
the Five-Twenty Bonds are steady.
The demand for money this morning is con-
siderable, and rates are firm at 1i to 1-4 per cent.
Corn is dufl, but without quotable reduction.
Consols are dull, at a shade decline, being quoted
921! to 93 for money, and 92i to 93i for account ;
New and Reduced Three per Cents., 91i to 92 ;
India Five per Cents. are firm at 114} to 1141 ;
Dank Stock, 249 to .51; Exchequer Bills, lOs to 15s
prom.

The Foreign Stock Market is somewhat firm. There
is a good demand for Egyptian at an advance of
per cent. ; in the Railway Bonds, at 89 to 891- ; of
in Vicero's &v.ni per Cent. Bonds, at 71i to 72i ;
and the Riue per Cents., at 87i to 881. The 1864
Bonds are steady at 84k to 85k. There is an advance
of in Mexican at 151 to 16 ;in Italian (1861), at
454 to 46k ; ; and in Portuguese, at to 1 prem.
Greek Bonds are steady at 121 to 13 ; New Spanish
at 35 to 334 ; Turki.sh (1865), 33 to 33k; and
Brazilian, 711. to 71g.
The Nsjw Honduras Loan is steady at Ito prem.
The p incipal feature Aeierican Securities is a
far. of i', i i Erie Shares, wi.:oh are q toted 47-.; to
484 ; Illinois are a k nlgher, at 89 to 90 ; and the
5-20 Bonds 72 to 72k.

Alautic and 'Great Western Railway Debentures
remain at 26i to 27i, and the Consolidated Mortgage
Bonds at 28 to 29.
Colonial Bonds are without movement. The fol-
lowing are the quotations :—Canada 6 per cent., 100
to 101 ; Mauritius 5 per cent, 104 to 106 ; New
South Wales 5 per cent., 99 to 101 ; New Zealand,
6 per cent., 105 to 107 ; Queensland 6 per cent.,
102 to 103.

The Railway Market is dull, but the 'changes are
quite unimportant. Lancashire and Yorkshire are
Snoted 125 to 125-i ; Midland, 1041 to 1051
outh Eastern, 721 to ; Great Northern, 104
to 105 ; ditto A, 98 to 99 ; Great Eastern, 311. to
31 ; Great Western, 461 to 47 ; Brighton, 48 to
434 ; Sheffi-id, 43k to 431 ; Metropolitan, 1134 to
1 ; Caledonian, 825 to 83 ; North British, 33i to
34i ; and Chatham, 18 to 1815,
Bank Shares are steady, the only change being an
advance of in London Joint Stock, which are quoted
at 321 i to 335; Agra (A), 10 to 10k ; Alliance, 14k to
13k dis.; Chartered Mercantile, 28k to 29; ; Con-
solidated, 4g to 4g- ; Imperial 17 to 18 ; London and
County, 52 to 53 ; London and Westminster, 671
to 68i ; Union of London, 33 to 34.
In Foreign Mines Wit. John del Reys are. firm at
18?; to 19 ; Port Philip steady, at 1i to 14 ; Chon
tales, 1 to 1 dis.
Miscellaneous Securities are without feature, nun
prices generally are without change. Anglo-American
Telegraph, 211 to 22 ; Atlantic Telegraph Eight
Per Cents., 51 to 54 ; Hudson's Bay, 14 to 141 ;
:London General Omnibus, 11 to 2 ; and Fore-street
Warehouse, 11 to 1/ dis.

The ordinary general meeting of the City Steam-
boat Company has been convened for the 27th inst.
The new issue of Metropolitan District Railway De-
benture Stock (£400,000) has been dealt in at 2 prem.
this morning.
£lO,OOO in bar gold and coin were wi hd:awn from
the Bank on Saturday for export.
The Ceylon has arrived from Alexandria with
£32,500 in specie. The Cuba, from New York, brings
£38,000.
The particulars are published of Chilian Govern-
/vent Bonds to the value of £60,163, which have been
drawn for redemption at par on the 31st inst.
Subjoined is the report of the Crystal Palace Gas
Company for the half-year closing with 1867 :—" The
works and plant are in a state of efficiency, and some
further improvements that will contribute to the con-
venience of the manufacture have been commenced.
The reports of Dr. Letheby and of the chemical in-
spectors of the various parishes supplied by the com-
pany, have been satisfactory as to purity and illumi-
uating power. The directors going out of office by
rotation are Dr. Frederic Hetley and Mr. Robert John
Clarke, and, being eligible, these gentlemen offer
themselves to the shareholders for re-election. The
auditor going out of office is Mr. William
Purvis, and Mr. Purvis being eligible, offers
himself to the shareholders for re-election.
The balance-sheet for the half-year to the 31st of De-
cember last, and appended to this report, shows the
financial position of the company. The profits for the
half-year are £6,243 lOs 7d, which together with
£69 4s ld, the unappropriated profit of the preceding
half-year, make the available balance £6,312 14s Bd.
Out of this sum the directors recommend the declara-
tion of a dividend at the rate of 6 per cent. per
annum on the preference capital ; a dividend at the
rate of 7 per cent. per annum on the ordinary 7 per
cent. capital ; and a dividend at the rate of 10 per
cent. per annum on the original capital, all free from
income-tax ; the sum of £lOO to be written off pre-
liminary expenses, and £574 7s 3d off parliamentary
expenses ; the balance of £2BO 13s 94 to be carried
forward to the profit of the succeeding half-year."
The annual general meeting of the Oriental Bank
Corporation will be held on the 16th of April, for the
transaction of the ordinary business of the company.
The directors of the East London Waterworks
Company have called the half-yearly meeting for the
2d of April, after which the meeting will be special
for the purpose of considering a plan to be submitted
for raising additional capital.
At Marseilles, on the 11th inst., wheat advanced
60c to lfr. per hectolitre upon the prices on the
Previous days of the week. No arrivals were reported
on the 12th, and the demand was then active.
The details of the projected Land Bank of Spain
nder the sanction of the Government, are stated in
Madrid letters to be almost concluded. A proposition
has been made in the Cortes for giving authority to
the Government to grant a concession to the bank of
powers similar to those proposed in France by the
French Credit Foncier.

The first mails for Australia under the new arrange-
tient will be made up on the morning of Saturday,
the 21st of March, and the evening of Friday, the
27th of March, and thenceforward on every fourth
Saturday and Friday throughout the year. As
the packet from Marseilles to Alexandria will not
tall at Malta, the correspondence for that island
will be sent wholly by the weekly packet from
Southampton.
Messrs. Charles Barker and Sons (Bircbin-lane),
have just issued their well-known Joint Stock
Companies' Directory for the current year. Useful as
Were the former editions, this one has extended claims
to support, many of its features having been enlarged
and others added. As a book of reference it is without
a rival, whether considered in regard to its completeness
or its accuracy. Mr. George Street (Cornhill) sends us
the Times of India Calendar and Directory for 1868, an
invaluable guide to all who have any connection what-
ever with India. The Docks of London, and Sill
and Tea Tables are two publications from Mr.
fdEfingbam Wilson, Royal Exchange. The former is
°3' Mr. Henry Butler—a sufficient guarantee for its
reliability. Mr. Wilson has also published Mr.
Geschen's well-known speech before the Liverpool
?lumber of Commerce, relating to bankruptej
Legislation.

BRITISH FUNDS—CLOSING PRICES,
GOVERNMENT FUNDS.
0 per ()OM. Console
„ Do. Account,, April 2 —
o..per Cent. Reduced 92 li
New 3 por Cent 9ll 2 1f
New 21 per Cent. Jan. 1894 —
per Cent. Jan. 1873 —
4nnuities, 80 yrs, expire sth Jan., 1880 — xd
Do. for 30 yrs, expire sth April 1885., —
Do (Red Sea Televaph), AuA., 1908 —
4 xchoquer Bills, £l,OOO, 2 per Ct. — pm
Do £5OO pm
Do. £lOO & £2OO ll pm
Lank of England Stock, 41 per Cent —
Do. Account
INDIAN GOVERNMENT SECURITIES.
India Stock, 101 per Cent., AprillB74 ..,
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent 5...
Do. 5 per Cent., Jan. 1872
Do. 51 per Cent., May 1879 —
Do 5 per Cent., Rup. Deb., 1872 lO3l
Do. do. 1877 lOBl 1
Do. do. 1882 —
D. Bob., 5 per Cent., Aug. 1873
Do. Bonds, 5 per Cent., £l,000
Do. under £1,000

FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
,Ilitrian Bonds, 5 per Cent. 1859
43razilian 5 per Cent —
23. 41. per Cent., 1852
'O. do , 18'8 —
"0. do., 18';() —
.r.,1)0. d 0.,. 1863 G3
'''', °. 5 por Cent., 1865 —
b 00 Account 7li i i
4,,0005 Ayres 6 per Cent —
r, -ue 2 per Cent. (Deferred 3 per Cent )
-,,''-'ba., 6 per Cent. v,gilian 6 per Cent
DO. li per Cent .—
tic,. 0 per Cent., B
t°., 1867
0.) 7 per ,Cent, 1866
0 0, Scrip £32 paid
1) 'I inbian, 6 per Cent.
elisnlB2s
Tubfan Principalities, 7 per Cent -
e. 8 per Cent., 1867
-1114dor New Consolidated, 1 per Cent —