The Sun.
London, England, 1868-03-25 00:00:00

XV4.TEY MARKET

AND
COMMERCIAL INTELLIGENck

CITY, Two o'CLccT.

The fine bracing weather ana an increasing confi-
dence in the result of the present Parliamentary crisis
have conspired to make the stock markets wear
a cheerful aspect. The business doing remains
very limited, and this morning it is further
being engaged
by the members of the Stock Exchange
engaged in electing the Committee for General
Purposes. The leading features are an active demand
for Turkish Stock amongst Foreign Government
Securities, and the firm tone of railways.
The discount market is active at 2 per cent., the.
inquiry being stimulated by the usual revenue pay-
Ments before the close of the quarter.
The failure i 3 reported of Messrs. Fordan and Com-
pany, of Port Elizabeth, for £60,000.
The Liverpool cotton market is firmer.
At Mark-lane the corn market is firmer with more
inquiry.
The Funds are without movement, but on the
whole are firm. Consols remain at 93 to 93i for de-
livery, andaccount. New and :Reduced
Three per Cents., 917 g to 92 • India Five per Cents.,
114 to 11.,A- ; Exchequer Bills,' 9s to 14s prem.
The Forjign Stock Market continues firm, but
without touch' business. Turkish and Greek are in
good request, at an advance of per cent., the former
being quoted 33)fr to 34, and the latter 1211 to 13.
hlexican Bonds area better, at 154 to 16 ; and Vice-
-I:?Y's 7 per Cents. at 731 to 74. Egyptian (1864)
Bonds are 5 lower, at 865 to 875; New Spanish are
rather dull at 35R to 351 ; Italian (1861), 47f to 475 ;
Portuguese, 5 to / pretn.; Viceroy's 9 per Cents., 89}
10 89. E ; and, Orel-Vitehsk, 79i to 791.
The certificates of the Foreign and Colonial Govern-
ment Trust are at 1k to 15 prem. with strong buyers
at times at 11 prem. ; the subscriptions have varied in
amounts from £lOO to £50,000 all fully paid-up. A
very great and important number, however, of the
Whole applications have been for amounts of between
£15,000 and £30,000.
In American Securities United States 5-20 Bonds
are steady, at 725 to 72g. Erie Shares are 5 lower,
at 455 to 461 ; and Illinois k, at 895 to 905.
English railways are firmer, with a fractional reel
covery in several descriptions. Great Northern A
are khigher, at 100 to 1004 ; and there is an advance
of 5 in South Eastern, at 725 to 73 ; in London and •
North Western, at 1141 to 115/ ; in Great Eastern,
at 32 to 321- ; and in Great Western, at
465 to 47. Midland are scarcely so firm,
at 105 to 1055, nor Caledonian, at 79& to 805.
Lancashire and Yorkshire are without change, ai
1251 to 1251 ; Great Northern, 104 to 105 ;
Brighton 481 to 491- ; Sheffield, 43 to 43; ; and
Aletropolitan, 1145 to 115.
The new issue of Metropolitan District Stocks is
firm, at 11 to 11 prem.
Foreign railways are dull. Lombardo Venetian
Railway is 5 worse, at 14i to 155 ; Luxemburg, 81
to 9.

In Bank shares little or nothing is doing. Union
of London is 4- lower, at 32i to 33i ; other prices are
unaltered. Alliance, 13 to 12i dis. ; Imperial Otto-
Man, dis. to par. ; Anglo-Austrian, 3i to 4 prem.
Agra (A shares), 10 to 10k.
Finance shares are extremely quiet. General
Credit is lower at 2i-t to 2i dis. ; Credit Foncier, 2i
; International Finance 2 to 1i dis.
Foreign Mining shares are steady. St. John del
Rey is quoted at 18 to 20 ; Port Philip, lf to
Chontales to dis.
Miscellaneous Securities are in little demand, but
prices generally are firm at previous rates. Anglo-
American Telegraph is quoted at 21i to 22* ; Atlantic
Telegraph 8 per cent., 5 1-16 to 5 3-16; Hudson's
nay, 1-1 i to 144.
By some unexplained circumstance, the Cape mails
Were left behind at Devonport last night. They are
expected at Paddington by six o'clock this evening,
and will consequently be either delivered late this
evening or to-morrow morning, thus causing a day's
delay.

The Peninsular and Oriental Company's stearnshii
Geelong was reported at King George's Sound on the
oth ult., en route to Melbourne with the London mai
of the 26th December.

About £64,000 in sovereigns were yesterday taken
from the Bank for export to Alexandria.
The Hansa takes £63,000 in foreign gold coin to
New York for Havana.
The Roman, from the Cape of Good Hope, has
brought £2,000 in specie, and the Weser, from New
York, £3,000.
The Bank of Holland has reduced its rate of dis-
count from 3 per cent., at which it was fixed on the
31st of January, to 2 per cent.
Two loans have been introduced in Belgium.
One is a commercial loan of £600,000 sterling, or
15,000,000 f. in 150,000 obligations of 100 fr. each
bearing 3 per cent. interest, redeemable in sixty-six
Years by quarterly drawings. The price of issue is
91f. 50e. if paid up by instalments, and 90f. 500. it
Paid up at once. The loan is intended for a number
of cities and communes. The contractors .are the
Societe G6ll6rale of Brussels, and Messrs. Rothschild
Erothers, of Paris. The other loan is the one for the
city of Liege, for £474,800 sterling, or 11,870,000 f.,
in 118,700 bonds of 100 f. each, bearing interest at
the rate of 3 per cent. per annum, and redeemable in
Cc Years. The issue price is 91 if paid up at once,
and 921 if paid by instalments. The subscriptions
for both loans were opened on March 23.
The London, Asiatic, and American Company,
Limited (per T. Wiggin and Co.), have notified that
they will be prepared to pay, on and after the Ist
roximo, the coupons of the Pennsylvania Central
Railroad Company's Six per Cent. Second Mortgage
Sterling Bonds, and of the Philadelphia and Erie
Itailroad Company's Six per Cent. Sterling Bonds,
due lit April next.
The ordinary general meeting of the Brighton Hotel
Company has been called for the 30th inst., to receive
the directors' report and statement of accounts.
The half-yearly meeting of the Imperial Gas Light
4,11c1 Coke Company has been convened for the 9th

The stocks of produce in London, as a rule, con-
tinue compare unfavourably with the quantities
,held this time last year. The principal exception
2 cotton which shows an increase of 21,468 bales.
there is also an increase of 859 packages of cassia
'lgnea, of SSI of clove stalks, of 5,536 bags of
e°,,ehineal, of 4,154 of cocoa, of 5,629 tons of coffee,
°I 122 tons of white pepper, and of 885 casks of
tallow. The stock of jute shows an increase of
,94,155 bales ; cassia buds, 82 packages ; cinnamon,
14 packages ; cloves, 2,462 packages ; indigo,
4,162 chests, and 599 serons ; lac-dye, 1,306 chests;
183 packages ; molasses, 2,398 casks ; nut-
megs, 734 packages ; pepper, black, 1,180 tons ;
pimento, 5,853 bags ; rice, 2,443 tons ; saltpetre,
`,343 tons ; sugar, 12,810 tons.
The traffic returns of the Bombay, Baroda, and.
eCentral India Railway for the week ending
ebruary 1, show an increase of £321, and the
.eeipts of the Metropolitan Railway, for the week
bsticling the 22nd inst., an increase of £609, as com-
ared with the corresponding period of last year.
The traffic receipts of the Great Luxemburg Railway
'oor the week ending the 22nd inst. show an increase
o,l' £970, as compared with the corresponding week
la.st year.
mThe traffic receipts of the Cape Railway for the
onth of January show an increase of £5Ol, as corn-
ed with the corresponding month of last year.
d The following is Mr. Sam Mendel's report of pester-
„o ;s Manchester markets :—" The demand since the
toi inst. has been on a very limited scale, and this
ritinues to-day. In prices there is not much reduc-
,'o4 to be obtained, yet the pressure to sell has become
`4?,r,e marked."
p, The receipts of the Illinois Central Railway Com-
for the month of February show a decrease of
3,222, as compared with the corresponding non*
Ast Year.

BRITIS El FUNDS—CLOSING PRICES
t, QOPERNMENT FUNDS.
tier (join. Consols
11,e0. Account, April 2 —
tireC,Pent. Reduced 913.
44,1, ° 2 Per Cent 9l/ 2/
b t per Cent. Jan. 1894 75
44 0. per Cent .) an 1873 —
,Illtities, 80 yrs,.
expire sth Jan., 1880 —
b-'O. for 30 yrs, expire sth April 1885 —
,t4,l° Cited Sea Televaph), Au,.., 1908 2O/
oquer Bills, £l,OOO, 2 per Ct.
Do £5OO —
8,4,. Do. £m & £2OO —
.0 of England Stock. 4/ per Cent —
c'• Account
1 11%
0.(314 IAN GOVERNMENT SECURITIES.
DMock, 10/ per Cent., April 1874
eo• Account
t, • 5 per Cent. July, 1880
0, 4
130.
Certificates
D 0• Oct. 1888
0
eo: Enfaced Paper 1 per Cent B7l
b 5 per Cent., J•in 1872
IDI
. . per Cent ,May 1879 —
0 5
per Cont., Map, Deb., 1872
Do. do. 1877 —

L , Po. do. 1882 —
b • veb , 5 p.^r Cent., Aug. 1873
1)0'150411s, 5 per Cent., £l,000
• Under £l.1100
4. 1; E.EIGN FUNDS—CLOSINC I'lllel S.
Aelltille P•,l 1 - C Cent. -3tri_ will. il, , • nrir..,
r4.4iii44 130nc19. 5 per Cent. 18od —
_
). '''ll 5 per Cent
to. '1 per Cent., 1852 —
bo do
. do., 18-,8 —
to. ~ 18;0
bo t do., 1863
lic). :
P9r Cont. 18G5 —
netr,7;eFount.. ,)1

137
ttlo . -- - i i
.11).., ',4res 6 per Cent —
0 t
4131, 6o er Cent (D ‘rr.d 3 por Oilut.
' el'
gili4ii
(I,9er Cont.
.60‘ ~ per Cent 67
.00 iZ Per Cent -
Per Coat, B ,.