The Sun.
London, England, 1868-03-14 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELTAGMNO2,

CITY, TWO O'CLOCK.

All the stook markets are very quiet and dull in
town. There is an almost entire absence of support
en the part of the public : and consequently what-
Ewer changes have taken place are in the adverse
direction.

The demand for -Money is still considerable, ana
rates are firm at 11 to 1 per cent., on the best com-
mercial bills. Short loans on Government securities
are in demand on the Stock Exchange at 1-1 to 2
nor cent.

The Funds are flat upon some small sales, and an
absence of purchasers. Consols are quoted 92/ to 93,
for money, and 93 for account ; New and Reduced
are 91t to 91/ ; Bank of England Stock, 249 to 251 ;
India Five per Cents. are a further per cent.
lower, at 114± to 1141; Exchequer Bills, 103 to 153
prem.

Foreign Stocks are dull, but the variations are con-
fined to a relapse of I per cent. in Egyptian Railway
Debentures, at 88* to 89* ; of in Peruvian (1865),
at 76k to 761 ;, and of * in Italian (1861),
at 451- to 451 ; and to a rise of in the
Viceroy's Seven per Cents, at 72 to 724 ; and of
in New Spanish at 35k- to 35-; Mexican are without
change at 15 to 15k ; Greek, to 13 ; Turkish
,(1865), 321 to 33; Portuguese Scrip, -I- to 1 prem. ;
Egyptian (1864), 854 to 86* ; and Viceroy's Nino per
Cents., 87* to 88i.
The New Honduras Loan is steady at I to it
2)rem.

United States 5-20 Bonds are higher, at 71i to
72, but otherwise there is no change in American
,Securities. Eries are 49 to 49i ; and Illinois, 89
to 90.

Atlantic and Great Western Railway Debentures
are firm at 26f to 27f, and the Consolidated Mortgage
13onds have improved I, to 28 to 29.
English Railways are flat, but there is only a fail or
It in the Midland, London and North Western, and
Metropolitan. The quotations are :—Lancashire and
Yorkshire, 1251 to 12E/ ; Midland, 104 k to
105 ; South Eastern, 72 to 72f ; London and
-North Western, 114/ to 114/ ; Great Northern, 104 k
to 105 k ; ditto A, 98f to 99 ; Great Eastern, 31
to 31f ; Great Western, 46f to 47 ; Brighton, 48
to 48f ; Sheffield, 42f to 43 ; Metropolitan, 113 to
1131 ; and Caledonian, 82:k to 83.
Bank Shares are firm. London and County and
London Joint Stock each advanced f, the former
being quoted at 52f to 53k, and the latter
at 32f to 33f ; Alliance, 14 to 13f dis. ;
Agra (A), 10 to 11 ; Anglo-Austrian, 3f
to 4 prem. ; Chartered Mercantile, 28i to 29f ;
Consolidated, 4 to 411 ; Imperial Ottoman, f dis. to
par ; London and Westminster, 67i to 68k ; Union
of London, 33 to 34.
In Foreign Mines St. John del Reys are f higher,
at 18 to 18f ; Port Philip, lif to 1f ; Chontales, 1i
to 1 dis.

In Miscellaneous Securities the dealings continue
limited. Anglo-American Telegraph, 22/ to 22k,
being k higher. Atlantic Telegraph 8 per Cents., 5i
to 5i ; Credit Foncier, 3 to 3k ; Hudson's Bay, 14k
to 14/ ; London General Omnius, 1 to 2.
£45,000 in sovereigns from South America were
sent into the Bank yesterday, while £7,000 were sent
out for Egypt.
The Helvetia has arrived from New York with
XlO,OOO in specie, and the Bavaria with £6,500.

It is probable (says the Manchester Examiner) that
the Manchester cotton spinners, in conjunction with
the Liverpool cotton brokers, will shortly wait upon
the Colonial Secretary to point out the great desira-
bility of obtaining more accurate reports of the cotton
crops in various places.
The half-yearly meeting of the Tottenham ana
Hampstead Junction Railway has been called for the
31st inst. The ordinary general meeting of the
Waterford and Wexford will be held on the 30th
hist, axed that of the West Somerset Railway on the
game date. The Central Argentine Railway have
called their ordinary general meeting for the 31st inst.
The directors of the Metropolitan District Railway
Company propose an issue of £400,000 of perpetual
Six per Cent Debenture Stock, being the balance of
the debentures and debenture stock unissued under
the borrowing powers of the special acts. It is offered
at par, and will bear interest at the rate of 6 per cent.
per annum from the Ist of January last. On these
terms, allowing for the accruing interest, the price of
the stock is £97 14s 6d, giving interest at the rate of
£6 2s 6d per annum.
The South Metropolitan Gas Light Company nave
Convened the ordinary general meeting of proprietors
for the 6th April.
M. Wendelstadt, one of the directors of the Bank
of Darmstadt, and the representative of a committee
representing the German holders of the Bonds of the
city of Leghorn, has addressed a memorial to the
Government of Italy, demanding payment in specie,
and it is stated that the Prussian Government is sup-
Porting the requisition. Two years ago some Belgian
creditors of the city of Leghorn made a like application,
which was equally well supported, and their demands
are not yet satisfied.
The following remarks upon the present interesting
condition of the silver market are from Messrs.
Mocatta and Goldsmid
" The India Exchanges having advanced in consequence
of the continued rise in the prices of cotton and the
Peninsular and Oriental Steam Navigation Company having
simultaneously reduced their rate of freight per cent.,
there has been a sudden, though not altogether unexpected,
demand for silver for the East. The amount purchased
Within the last three or four days probably exceeds
4300,000, the bulk of which will be despatched to
tombay, via Marseilles, at prices varying from 601 to
611. The former is now the nearest quotation,
and even that is almost a nominal one, as to-day there
have been no fresh transactions, and it is difficult to form
any idea as to the future movements of the market. There
is scarcely any silver now here, but very considerable quan-
tities are deposited in France and Holland, a portion of
Which would be available at 61 to 61k. Mexican dollars
would advance in proportion to silver, but, as coin, there
is not any inquiry for them. The arrivals of gold have been
Unimportant, and have been all purchased far exportation •
the demand, however, is not sufficient to call for 'with-
drawals from the Bank to any extent. Large shipments of
Spanish doubloons to Havannah have been effected, chiefly
through France, and very high prices have been paid."
According to Reuter's telegram from Paris to-
day, the French Three per Cent. Rentes were 69f.
60e. Firm.

Metropolitan District Railway issue of £400,000
Debenture Stock, 1} prem.

BRITISH FUNDS—CLOSING PRICES
. GOVERNMENT FUNDS.
° Per Lent. Consols
• Do. Account, April 2 93
0,,,,per Cent. Reduced 011 2
t'4OW 3 per cent 9ll 2
New 2} per Cent. Jan. 1894 —
Do. 5 per Cent. clan. 1873 —
Annuities' SO yrs, expire sth Jan., 1880 — xd
Do. for 30 yrs, expire sth April 1885 —
Do (Rod Sea Televaph), Au,;., 1908 —
Ltchoquer Bills, £l,OOO, 2 per Ct.
Do £5OO l4 15 pm
z, Do. £lOO & £2OO
214
ank of England Stock, 41 per Cent 4915 pm
Do. Account -
IndiaNDU GOVERNMENT SECURITIES.
stOCk, 10f per Cent., April 1874
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
DO. Enfaced Paper 4 per Cent B7
Do. 5 per Cent., Jan. 1872
00. 51 per Cent., May 1879 lOBl
Do 5 per Cent., Rup. Deb., 1872 —
Do. do. 1877 —
, Do. do. 1882 —
4-4... Deb., 5 per Cent., Aug. 1873 —
D,O. Bonds, 5 per Cent., £l,000
"0. under £l,000
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent —
114 Arian Bond 5 por Cent. 1859
razilian 5 pers 'Cent 631 I
20.1} per Cent., 1852
'`,;°. do .Cent.,
1858.....
"
.\O. d 0.., 1860
..,,'"0- do., 1863
.'n• 5 per Cent., 1865 —
"
0 Account 7l/
Buenos, Ayres 6 per Cent —
D,, o 2 per Cent. (Deferred 3 per Cent )
eb'l 6- Cont.
n _per •-•••
'4lllan 6 per Cent —
1)0. 41 per Cent --
RO. 6 per Cent., B •
.1;01 1867
"°., 7 per ,Cent, 1866 —
0 to., Scrip £32 paid
i nibian, 6 per Cent.
321'"118111, 3 pm. Cont., 1825
t.mnubian Principalities, 7 per Cent 661
ie "0 8 per Cent., 1867 , ___.
I,;(l.nador New Comiolidated, 1 per Ceti? —
'gYptian, 7 per Cent
.„110. Second Issue —
„J'''). X5OO Flonds
L'o6 £lOO Bonds B5 41
, Do. 1864
'lO. £5lO Bonds
DO. £lOO Bonds ..... 86} 6
bra 00vrnment Railway Deb,ntures .....89
I 8.1-
k 5 per Cent., 1824-5, ex Coups •
,0. Account
..,It,jo. Uoupons
Q:uo. Account
eterna.la 5 per Cent .. —
It°ll.4llras Gov. Rail. Loan., 10 p. Ct., £2.3 p
,i,
rao per Cent 1865 —
+.O 0 A "
, I ..LCCOUnt •
li"?. liarommana Raiway —
-1,11e4z. 3 per Cent —
+Atte for Account
„ 1)0 1864 9il li
110.`"0 6 pc; Cont. Anglo-French
New
lltevideau G por Cent. —.•
sh imperial 5 per Cent
rsGranada —
li 0 ‘
DO.
per
""0. Deferred
1)0
Laud Warrazate (Hectares)