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. Iu Railways the
'Variations are inconsiderable. Foreign Stocks are
rather stronger, especially Egyptian, in which the
reaction seews to be supported by bond 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 Eribs, but
the Five-Twenty Bonds are steady.
The demand for money this morning is oon-
siderable, and rates are firm at 1 to 1i per cent.
Cern is dull, but without quotable reduction.
Consols are dull, at a shade decline, being quoted
94 to 93 for money, and 92i to 93k for account ;
New and Reduced Three per Cents., 91i to 92 ;
ledia Five per Cents. are firm at 1141 to 1141 ;
Bank Stock, 249 to 231; Exchequer Bills, lOs to 15s
Prom.
The Foreign Stock Market is somewhat firm. There
Is a good deinAnd for Egyptian at an advance of
p.:l cent. ; in the Railway Bonds, at 89 to 89i ; of 1
in Vieero/s per Cent. Bonds, at 711 to 721 ;
and the Nihe per Cents., at 871 to 88f. The 1864
Bonds are s'.eady at 84), to 85k. There is an advance
of k in Mexican at 151 to 16 ; in Italian (1861), at
45 to 46i ; ; and in Portuguese, at 1 to 1 prem.
Greek Bonds are steady at 121 to 13 ; New Spanish
at 3e'l to 35(c; Turkish (1865), 33 to 33k; and
Brazilian, 74 to 711.
The New Honduras Loan is steady at to 11- prem.
The pi iticipal feature iIL American Securities is a
far of 1± Erie Shares, ivl.ich are quoted 471 to
erek ; Illinois area n;gher, at 891 to 90 ; and the
5-20 Bonds I, at 72 to
A.tantic and 'Great Western Railway Debentures
remain at 961 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 ; Now
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
voted 125 to 1251 ; Midland, 1041 to 105±
South Eastern, 721 to 73f ; Great Northern, 104
to 105 ; ditto A, 98 to 99 ; Great Eastern, 31f to
314 ; Great Western, 461 to 47 ; Brighton, 48 to
48i ; Sneffi •id, 43f to 431 ; Metropolitan, 1131 to
1 4 ; Caledouian, 82. k to 83 ; North British, 33i to
341 E ; and Chasharo, 18 to 18k.
Bank Shares are steady, the only change being an
advance of in London Joint Stock, which are quoted
at 3241 to 33U; Agra (A), 10 to 10k ; 14i to
13k dis. • Cliartered Mercantile, -28 i to 29; ; Con-
solidated, 4i to 41 ; Imperial 17 to 18; London and
County, 52 to 53 ; London and Westminster, 671
to 681 ; Union of London, 33 to 34.
In Foreign Mines St. John del Reys are Srm at
18/ to 19 ; Port Philip steady, at 1f to 1i; Chon.
tales, si to 1 dis.
Miscellaneous Securities are without feature, ana
prices generally are without change. Anglo-American
Telegraph, 211 to 22 ; Atlantic Telegraph Eight
Per Cents., 5- to 5i ; Hudson's Bay, 14 to 14± ;
London General Omnibus, 11 to 2 ; and Fore-street
Warehouse, 1/ to 11 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-
Denture Stock (.£400,000) has been dealt in at 2 prem.
this morning.
£lO,OOO in bar gold and coin were withdrawn 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-
Mont 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-
nating power. The directors going out of office by
rotation aro Dr. Frederic Iletley 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 £6,243 103 7d, which together with
£69 4s Id, 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
inconie-tax ; the sum of £lOO to be written off pre-
liminary expenses, and £574 7s 3d off parliamentary ,
expenses ; the balance of £2BO 13s 9d 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
50c to lfr. per hectolitre upon the prices on the
Previous days of the week. No arrivals were reported
en the 12th, and the demand was then active.
The details of the projected Land Bank of Spain
under 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-
Ipent 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
Call at Malta, the correspondence for that island
Will be sent wholly by the weekly packet from
Southampton.
Messrs. Charles Barker and Sons (Birchin-lane),
have just issued their well-known Joint Stock
"mpanies' Directory for the current year. Useful as
,were the former editions, this one has extended claims
1° support, many of its features having been enlarged
and others added. As a book of reference it is without
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 Sila
and Tea Tables are two publications from Mr.
Sngham Wilson, Royal Exchange. The former is
'•7 Alt Henry Butler—a sufficient guarantee for itt
reliability.
Mr. Wilson has also published Mr,
Qnsehen's well-known speech before the Liverpool
egai
hinber of Commerce, relating to bankrupts,
alation.

BRITISH FUN DS—CLOSING PRICES
, GI OVIIIi.NMENT FUNDS.
° Per tient. Consols
, Do. Account, April 2
°per Cont. Reduced 92 1
Ze 3 per Cent 9ll 2 1i
"ewlv 2 1 per Cent. Jan. 1894
. O. 5 per Cent. Jan. 1873 —
"anuities, 30 yrs, expire sth Jan., -- 1880 x(
9,0. for 30 yrs, expire sth April 1885 —
44 D• "0 (Red Sea Telegraph), Au A., 1908._
0` (Red
Bills, £l,OOO, 2 per Ct. — pm
Do £5OO pm
Illlk 00. £10& £2OO
4Df England Stock,ll pin
41 per Cent —
4)0. Account
1 INDIAN GOVERNMENT BEDURITIEP.
4clia stock, 101 per Cent., April 1874
1-1,,0. Account
4-'o* 5 par Cent. July, 1880
Lio• 4 per Cent., Oct. 1888
Do. Certificates —
°,O. Enfaced Paper 4 per Cent —
-"0. 5 per Cent., Jan. 1872
'l° 5 per Cent., Rup. Deb., 1872 lO3l
Do. do. 1877 loBi f
, Do. do. 1882 —
-1-1,,. Deb., 5 per Cent., Aug. 1873
'-', 0. Bonds, 5 per Cent., £l,000
')0. uu(b-r £l,OOO - pm

FOREIGN FUNDS—CLOSING PRICES.
tArgentine Republic, 6 per Cent _
til ,itrian Bonds, 5 per Cent. 1859
Itzilian 5 per Cent
23. 41 per Cent., 1852 —
-"I',"- do., 1858....
10. do, 18V , —
i.,')- do..
1863
4-'O. 5 per Cant., 1865
th, A
711 1 1
t.. .o.ccount .
uenos Ayres 6 per Cent —
Out;' 2 per Cent. (Deferrtd 3 per Cent ) -
6.,, 6 per Cent.
Le.
6 per Cent —
„9. 41 per Cent --
"0. 6 pAr Cent B
tO., -186'7 ~
88
D° 7 per ,Cent., 1866 -
C , u*, scrip £32 paid
11/4n, 6 Conte
D 4-1811, 3 p.l- 1825 -
Lubiart Principalities, 7 per Cent —
En„° 8 per Cent., 1867 --
t'ador New Qpnaglidatod, 1 per Cent —