The Sun.
London, England, 1868-12-18 00:00:00

MONEY MABEET

A ND
CO UItIERCIAL INTALLiG.BNCI3,

CITY, Two o'CLock.

Business to-day had a downward tendency, and
in the foreign market Turkish, Italian, and Greek
securities experienced a fall. In railway shares
prices, with very trifling exceptions, remained as
last quoted. The demand for money is active, and
the rate still keeps up to 2} to 3.
Consols are 92k i for money; Three per Cent!
Reduced, 921 ; New Three per Cents, 921 1;
ditto 5 per Cent., Jan., 1873, 1031; ditto Annui-
ties, April, 1885, 121 ; Bank of England Stock, 4
per Cont., 240 1.

India Stock, 10/ per Cent., April, 1874, shut ;
ditto, 4 per Cent., Oct., 1888, 1021 ; ditto Enfaced
Paper, 4 per Cent., 91 1 ; ditto 5 per Cent., Jan.,
1872, 104 1 ; ditto, 51 per Cent., May, 1879,
109 i.
In the Foreign Market Stocks are going down.
Peruvian Five per Cents. have fallen 4, Turkish
Five per Cents. 5-16, and Italian Five per Cents.
and Greek Bonds 1. The prices are now :—lta-
-561 56} ; Greek, 111 12 ; Mexican, 15 154 ;
New Spanish Three per Cents., 321 324 ; Peru-
-791 80 ; Turkish Five per Cents., 381 384 ;
and Egyptian Seven per Cents. of 1868, 734 744
The Honduras Loan stands at 90 901.

Italian Scrip is 34 3f prem. ; the Charkoff-Azof
Railway Scrip is i lower, at 2 1i dis. ; and the
Charkoff-Krementschug Loan has dropped to
di s.

In the Railway market business is very dull.
Caledonian are better, Metropolitan k, Brighton
; London and North Western, Great Western,
and South Eastern are k lower. The quota-
tions,._ stand thus :—Caledonian, 73i 4 ; Great
Western, 48 k ; Great Eastern 41 4; Great Nor-
thern, 106 7 ; ditto A, 108 k 4 ; Lancashire, 1274
8k; Metropolitan, 1014 21 ; Midland, 1114 124 ;
Sheffield, 47i ; Brighton, 48k 9 ; North Bri-
tish, 32 3 ; North Western, 'lllk 12 ; North
fasten], 99k ICO ;',South Eastern, 784 9 ; Chatham
and Dover, 16k 17.
American Five-Twenty Bonds have improved
the price being now 74j 741 ; the Bonds of
1,885 steady, at 72j, 73k ; and the Ten-Forty
15011ds, at 71 71k.

Atlantic and Great Western Debentures are 40f
40 ; :and the Consolidated Mortgage Bonds, 411
2i ; Eries are also unchanged at 27 27k ; and
4littois Central Stock is 1 better at 96 96k.
Anglo-American Telegraph are marked 211 to
41-1 ; the Eigh tper Cent. Preference shares at 31
t° ; the original stock at 28 to 29.
The sum of £B,OOO in gold was taken to the
"'lank of England yesterday.
The figures in the return for the week ending the
,16th inst. from theßankers' Clearing-house are :
4hursday, Dec. 10th, £8,311,000; Friday, 11th,
X 9,414,000; Saturday,l2th, £10,889,000; Monday,
14th, £9,821,000 ; Tuesday, 15th, £25,927,000 ;
and Wednesday, 16th, £10,546,000 ; total for the
We-k, £74,908,000.

• An interim distribution of 10s. per share is an-
nounced by the Imperial Ottoman Bank, payable on
and after the let of January next.
Mr. James Williams, of the Great Western Rail-
way, has been appointed secretary to the Midland
Railway Company.
A meeting of the shareholders of the National
Discount Company (Limited) is called for the 20th
(4 January, for the declaration of a dividend.
On the 13th of October last it was stated that an
attachment had been issued in the Lord Mayor's
Court at the suit of the North Australian Company
against the property of the Government of South
Agstralia in England. An order has now been
sued discharging that attachment.
The Master of the Rolls has ordered a further
dividend of 6d. in the pound to be paid on the 21st
L 4111 t. by the official liquidator, Mr. R. P. Harding,
'0 the creditors of the Joint-Stock Discount Coin-
rnY (Limited), making, with previous dividends,
°B. 6d. in the pound.
ci The Master of the Rolls has appointed Mr. Fre-
:lick Whinney, of the firm of Harding, Whinney,
ebbons, and Co., official liquidator of the United
rvice Company (Limited).
A meeting was held yesterday with the ;view of
establishing a Shareholders' Protection Associa-
tel°4 ; Mr. Henry Brookes in the chair. After
2nae discussion, resolutions were adopted declaring
wie necessity for such an association, in order that
tintreholders might obtain intelligence respecting
companies in which they were interested, procure
‘n.o best legal advice, and institute prosecutions in
ease of well-ascertained frauds. A committee was
"PPointed to carry out the objects of the meeting.
'lle Stock Exchange Committee have appointed
Tuesday, the 22d instant, a special settling day in
thei scrip of the Charkow Krementschug Railroad
21zpany's 5 per cent. loan for £716,000, and the
vest Wisconsin Railway Company's 7 per cent.
loan for £200,000, both of which are to be marked
In the official list.
a The Committee of the Stock Exchange yester-
-5Y decided that the Italian tobacco loan should be
04facially quoted, the opposition on the part of the
Italian Irrigation Company and the Sardinian rail-
„'aYs having been withdrawn, the latter on a satisfac-
16rY intimation from the Minister. One of those
4tterested complains, however, that the grievances
0
the shareholders of the Roman Railway, which
!ere again placed before the committee, were
wholly ignored—a circumstance, he considers, fatal
t°t, the future maintenance of rule 57 of the Stock
Ichange.
r, It is notified with regard to the Russian 3 per
i'ent Loan of 1859 that no answer has yet been re-
ilrned co the question, " Has the promised kinking
h ctld of 1i per cent. been annually laid out by pur.
teasers in the open market ?"
11:44 return from the Bank of England for th
'4: ended the 16th December gives the following
nits when compared with the previous week
at
£3,072,807 ... Increase £9,271
t4eiie deposits
r,
oteposits 17,972,453 Increase .. 364,152
40:111(i other side of the account :
ti:rainent securi-
Not?_th~,B
e' securities 17,494,978 ... Increase 116,419
1;1 unemployed 9,176,515 ... Increase ... 612,670
bete amount of notes in circulation is £22,724,675,
hull a decrease of £75,465 ; and the stock of
.104 in both departments is £18,158,315, showing
I,relnerease of £316,646, when compared with the
seeding return.
tLilbioined is a comparison of the present position
htl,,"_e Bank of England and the prices of Consols
last wench Rentes with the corresponding week of
Year

Sarno Week
At Present. tulli last Year.
• Rese o, “
Not rve
• itk4's in simulation 22,721,67.5 ... 22,888,620
,o4Bols of discount
..
921 921
Erorioll. Relates
th,4 extraordinary meeting of the proprietors of
East London Bank (Limited) will be held on
foles 24th inst., when resolutions will be submitted
ellauging the name of the undertaking, to "the

Central Bank of London (Limited), for reducing
the capital and altering the regulations contained
in the articles of association.

The directors of the Scinde Railway Company
have issued their report for the half year ending
the 30th June last. The receipts of the Scinde Rail-
way in that period amounted to £58,428, 9s. ld.,
and the working expenses•to £38,974 13s. 3d., leav-
ing a net revenue of £19,453 153. 10d. The work-
ing expenses in the half year amounted to 64.19
per cent. of the gross receipts.