The Sun.
London, England, 1868-01-09 00:00:00

MONEY MARKET

A ND

COMMERCIAL NTELLIOEN-Gli.

CITY, Two O'CLOCK.
According to Reuter's telegram from Paris to-
day, the French Rentes were 68f. 65c.
The Stock Markets show little variation from the
prices at the final close yesterday. The Funds
are steadily supported, and in the foreign market
American securities have rallied and are rather
higher than yesterday, but Turkish and a
few other speculative stocks have receded a point.
Railways are generally steady, with few fluctua-
ti9os, and on the whole the tendency is rather
favourable. The principal feature in the Mining
Market is a fall of £lO per share in St. John del
Rey, owing to the telegram announcing the destruc-
tion of the works by fire.
The supply of money is being considerably aug-
loented by the disbursements now taking place on
all hands, at the same. time the trade demand de-
clines. In Lombard-street the minimum rate is
quoted 1 to 11 per cent.
Consols are steady, at 92k to 921 for money and
account. New And Reduced Three per Cents.,
92i to 921 ; India Five per Cents., 110.1 to 1111 ;
Bank Stock, 240 to 242 ; Exchequer Bills, 225. to
278.
Fit

The only change in Foreign Government Securi-
ties is a relapse of i per cent. in Turkish (1865)
Bonds, at 29/ to 30. Mexicans are steady, at 151
to 151 .
Greek, 12 to 13 ; Spanish, 34,1 to 35 ;
Italian (1861), 41k to 414 ; Portuguese Scrip, k
to I Prem. ; Egyptain Railway, 89k to 901 ; and
Brazilian (1865), 75 to 76.
The New Honduras Loan is steady at 4 to 1
prem. ex coupon.
American Securities are firm at an advance of -I,
United States 5-20 Bonds are 4 higher, at 71i to
72i; Erie Railway, f better, at 48} to 49} ; and
Illinois, I, at 88 to 89.
Atlantic and Great Western Railway Debentures
remain steady, at 22 to 23 ; and the Consolidated
Mortgage Bonds at 18 to 19.
The Home Railway Market is steady. Great
Northern are k better ; Sheffieli, 4 ; and Midland,
South-Eastern, and Great Western, j. On the other
hand, Lancashire and Yorkshire and Great North-
ern A are 4 lower, and Caledonian, Metropolitan,
and Brighton, if each :—The quotations are :
Lancashire and Yorkshire, 122 k to 123 ; Midland,
102. to 103 ; South Eastern, 67k to 68 ; Great
*Western, 44k to 45; Great Northern, 106 to 107 ;
ditto (A), 107 to 108 ; Brighton, 48 to 48f ; Shef-
field, 44 to 44f ; London and North Western, 113 f
to 114 ; Metropolitan, 1141 to 115 ; Caledonian,
72i to ; and Chatham, 17.1 to 18i. Great
Eastern are 27 to 271.
Lombardo-Venetian railway shares are a further
flower, at 14k, on the report of a new issue of
capital.

Great Indian Railway Shares are 1064 to 1074
Great Indian, 108 to 109 ; Grand Trunk, 15 to
154 and Great Western of Canada, 16/ to 165.
London and Westminster Bank Shares are quoted
70 to 71; London and Coucty, 54 to 55 ; and Union
of London, 345 to 354.
A provisional agreement has been made for the
transfer of the business of the Rugby Bank of
Messrs. Butlin and Son to Lloyd's Banking Com-
Pall of Birmingham.

CITY, TWELVE O'CLOCK.

It Yesterday £38,000 in bar gold was sent into the .
p''`t) and £3,000 in coin was withdrawn for export
41
‘(,)r the week these operations have resulted in an
,ition of £53,000 to the stock of bullion.
he Seine is en route from Lisbon with £66,400 in
s "-
necie from the Brazils.
The following are th particulars of the Australian
d ships on heir way to Europe, the total of which
as a t
lready transpired :—The Kosciusko; with 40,500
; the Winnuera, with 12,625 ounces ; alt;
Yorkshire, e with 6,000 ounces ; the Sarah •
Grice, with
3'625,, ounces ; the J. M. Joshua, with 5,375 ounces ;
""e Australia, with 20,125 ounces ; the
ith
16,375 ounces ; and the Star of Peace, with
0,750 ounces.
,The steamers which left New York yesterday took
..c,i00,000 in specie for Europe.
The Tasmanian leaves to-day for the West Indies
kith XB,OOO in silver, and £2,450 in go'd.
A
fa'r extraordinary general meeting of shareholders
oitae Atlantic Telegraph Company has been called
the 24th inst., for the purpose of exercising the
Vw,,ers Conferred in the Company's Amendment Act,
8711) BO far as relates to the increase of the capital by
-181'4 01 £1,300,000 ; such new capital to be ap-
plied in making the payments prescribed by the agree-
rlat between the Atlantic Telegraph Company and the
viglo-Ainerican Telegraph Company, on the terinina-
tpn thereof, and attach to such new capital a preferential
tillvideod of 10 per cent, per annum, and in addition
c,,ereto participation in the surplus profits of the
re",,llanY, and also for the purpose of passing such
'44atiOLIS to effect the above objects.
dividend (on account) of 25s per share, less
le will be paid by the Anglo-American
graph Company, on the 29th inst.
,s 4 second call of £2 lOs per share has been made
610 tae shareholders of the Linoleum Manufacturing
'Pa y (Limited) payable on the 20th of February.
div.Aue London and Westminster Bank announce a
14,11;euti of 16 per cent. for the past six months,
„...111g
3v per cent for the year.
for the
Union Bank of London recommend a dividend,
Lae past six months, at the rate of 15 per cent.
er annum,
hertile bill for putting an end to the amalgamation
tr;".,eell the. Edinburgh and Glasgow and North
"ish Railwa s and. for separating the two com-
Paties h ,
ritaw , as been withdrawn, along with five other
aY bills. The railway business in Parliament
L.. be lighter this session than any time during the
last years.
the'ul following
Littledale and Company's Circular contains
:—" The Atlantic cable is rapidly creat-
tne.•na revolution in the cotton trade. We know that
f42:bsiaige,esadviveisriengreceived here on Tuesday last from
the execution of orders transmitted
bTaa Liverpool the day before. Many sales, we have
afa:n to believe, have been lately made to arrive
r? the cotton was purchased on the other side.
or Sounddanger'„ principles of business and fraught with
The following is from Messrs. E. F. Satterthwaite
Co.'s 'Weekly Circular :—" The market in Loudon
Vt: United States' Government securities has been
injuriously affected by the various propositions
..,11,1ch have been made to alter their character,
,vither by redemption in currency, or by new bands
supersee those extant, and although the
attempt to ray off in currency has failed,
Yet the propositions of the finance committee
for the substitution of new bonds in lieu of
those now current has produced an unsettled
feeling, and led to many sales of bonds ; the induce-
ment to sell has been increased by the rapid advance
of the premium on gold, amounting to 3 per cent.
a during the week. The result of these causes has been
full of per cent. in the 5-20 Bonds. Illinois shares
have given way 1 per cLit., closing 38 to 88k. Erie
remain steady at about 48, with few transactions. The
Panama Railway Seven per lent. Loan, at par, for
£569,800 hai all been subscribed for, and commands a
Premium. c ' to 1 per cent."
The follv.iing review of the rice market for the
P month is from Messrs. Jackson and Till's Cir-
r
east
elan During the remainder of last month the
_e market continued in a depressed state, and in
;u9ost cases rather easier rates were accepted in the
let,nuted transactions that occurred, the approaching
i,lose of the year and Christmas holidays tending, as
12,11a1 at that period, to contract business operations
t'„":' a very small compass. Since the opening of the
4'l Year, h
,-"ever, a much better tone has existed,
rent the active
PaAth'ugu at Present higher prices have not been
ewed demand advance in the corn market, and a
for cleaned rice, lead us shortly to
Peet a revival in rough ; and with the very short
'Ystock of soft grain rice as compared with this time last
ear, there being only 11,023 tons against 27,757 tons,
estimating that out of the total quantity now afloat
tit Y theta 7,000 tons are likely to come here, the posi-
a,°,_,a of this description appears prominently favourable.
x'"i a moderate advance in price is more than probable.
134 Pliblie sale 18,000 bags Siam rice sold at 12s to 13s
broomert., being its full value, the quality of the bulk
a.g inferior in colour. In Liverpool considerable
,i.aileation. has already prevailed, followed by an advance
• i 4 ad to 6d per cwt., that market Laving thus
anti the lead of ours in the upward movement we
abyteipat _
e
4 The stock there has also turned out to be
no °:''' 2,000 less than was estimated. The quantity
Sai afloat for Europe is 54,370 tons, inclusive of
fiCg°ll rice; against 12,571 tons last year, and the
eick here i 8 17,210 tons against 29,332 tons."

BRITISH FUNDS.—CLOSING PRICES.
130 VRRNME NT FUNDS.
a Pir •
Consols
8 1)0. Account, Fob. 6...___
NTPel' Cent. Poquerd
n
ziewY
I.lr ert;63ealatt.
,Tan.
„„„„

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