The Sun.
London, England, 1868-05-30 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Tile Stock iMarkets are firm, but inactive, owing,
to the absence of numerous members of the Stock Ex-
change, as Monday next is to be observed as a holiday.
The Funds show a further slight recovery. In Foreign
Stocks, especially the speculative descriptions, have
again improved. Railways are without particular
change.
The Discount. Market is exceedingly quiet, at 1 to
Ig.per cent. for the last bills.

The funds are firm at about last night's closing
prices, viz.. Consols, 95.1 to 96 for money, and 94 to
94, and dis. for account ; New and Reduced, 941
to 91 ; Exchequer Bills, 7s to 12s prem. ; India
Five per Cents., 1161 to 1173 ; and Rupee Paper,
1044 to 1051.
Speculative Foreign Stocks are in good demand.
Italian arc =s better, at 52 to 521, and there is an
advance of 4- in New Spanish, at 37ft to 37k, and in
Turkish at 38 to 38. Mexicans, 16/ to 16k ; Greek,
.131 to 141 ; Peruvian (1865), 86 to 87 ; Brazilian,
77 to 78 ; Egyptian, 81 to 82 ; ditto Railway Deben-
tures, 92 to 93 ; Viceroy's Seven per Cents.. 73b
to 74.

Continental Railways are steadier,_ Lombardo-Ve-
netian being 14;- to 15k, and Great, Luxembourg Hi
to 12.

English Railways are without much change. Lan-
cashire and Yorkshire are 1281 to 1291 ; Midland,
1061 to 1071 ; South Eastern, 76/ to 77f ; London
and North-Western, 1151 to 1151 ; Great Northern,
102 to 103 ; Ditto A. 97f to 971 ; Great Eastern, 35f
to 35„1 ; Great Western, 531- to 54 ; Brighton, 52/ to
53; 441 to 444 ; Metropolitan, li to
1121 ; Caledonian, 741- to 75 ; and Chatham, 204 to
21.

Joint-Stock Bank Shares show no change. Agra
(A), are quoted at 10 to 10 ; Alliance, 13 to 12
dis• ; Anglo-Austrian, 51 to 51 prem. ; Chartered
Arercantile, at 27i to 28a ; Consolidated, 4i to 4,1;
Imperial, 18 to
.19 ; Imperial Ottoman, 1 to fir
prem. •, London and County, 52 to 53 ; London
and Westminster, at 70i to 70A ; London Joint
laStock, at W. to 36 • a d Union of London, at 34i
to 3515-
_

Cable Shares are a little firmer. The Anglo-Ameri-
can, at 221- to 24 ; and the Atlantic Telegraph, at 5
to sk, are nearly better.
If anything, Finance and Credit Shares are a shade
easier. International, Financial are 1/- to lf dis. ;
London Financial, 22A- to 21i dis. ; General Credit,
2 to 2a dis. ; and National Discount, IN to ni.
In Foreign Mines, St. John del Rey are 18 to 18i ;
Port Philip, 1k to 1 ; and Chontales, 1 to
The gold taken to the Bank of England yesterday
amounted to £105,000.
The Ripon leaves for the East with £3,419 in

Tenders are invited by the Great India Peninsula
itailway Company, to the 12th Juno, for £600,000
debenture stock, bearing a guaranteed interest of 5 per
cent.

The proposed dividend of the Bank of British North
America of 45s per share is announced to be payable
on the 4th July.
Monday will be observed as a close holiday in the
Stock Exchange.
The following is Messrs. Mocatta and Goldsmid's
bullion circular :—" The prices of bar silver and
Mexican dollars slightly receded shortly after the date
of our last (13th inst.), and it was feared that the
large
amount just received by the West India mail
would have still further depressed our market ; but
the last prices, 605 and 584, have been realized.
Other large supplies of dollars from Mexico may be
shortly expected ; and, as there is no probability of
any inquiry for the East, it is very doubtful whether
the present prices can be maintained. The arrivals
of gold from Australia and America have been on a
very large scale, and further considerable remittances
are shortly due. The French Exchange, however, is
now at a point which leaves no profit on the export of
gold, and the Bank is likely therefore to continue, as
It now is, the only receiver."
The reports to band from the chief continental corn
tuarkets state that, though there is a further decline in
some places, sellers generally are opposing more
resistance to the downward tendency. In some mar-
kets the farmers are holding out ; but at Marseilles
on Wednesday holders were extremely desirous of
realising, especially in respect to supplies from the
Danube.
The list of applications for .the issue of £411,000
First Mortgage Sterling Bonds, of the European and
North American Railway Company, will be closed on
Tuesday next.
Vice-Chancellor Malins has appointed Mr. Smart
(of the firm of Frederick B. Smart, Snell, and Co.),
Ivith Mr. Roinanes, official liquidators of Thompson's
Patent Universal Airtight Stopper Company.
The Great Britain Mutual Life Assurance Society
deserve the thanks a all for. introatleiDla
RYStenl of terminating annual premiums and sums
assured payable during life. It is obviously so
beneficial to the policy-holder, without affect-
ing the interests of the company, that the
Principle cannot help spreading. It is arranged that
the bonuses from time to time declared may be ap-
Plied in the first place, in extinguishing the premiums
after a limited number of annual payments, and after-
wards in making the amount of the policy payable
during the lifetime of the assured. In the words of
the society—" The holder of a policy, effected at the
cisre4dlitnhaoly
rynr:tte of premium for an assurance payable at
has thus the option of securing in combi-
nation the two • most important advantages which
1‘ ve of late years been introduced into thensystem of
life assurance, and this without any addition to the
amount of his annual premium. These two advan-
tages are, first, a ' free 'or paid-up' policy ; and,
',secondly, a sum assured payable on, his attaining a
given age, or earlier in the event of his decease."
,The traffic receipts of the Great Central of Belgium
"`alvily for the week ending the 28th of April
antllOUnt to £9,257 4s 3d, being an increase of
4'2,955 lOs 10d as compared with the corresponding
Period of last year, and making the increase lo far
this year £25,593 lls sd.
The Board of Trade returns for the month, and
four months ending April 30, have been issued ; and
With regard to the month they appear to indicate
rather a considerable revival in our export trade. For
example, the following are the declared values of the
exports for April :-
1868
1867
1866
......... Nor with respect to 1867 are. the results of the fou
_0
nths exports at all unsatisfactory :-
1868
1867 ... 56,186,529
1866
T he value of the imports, which are brought down
only to the 31st March, show analogous results—
Month ending March 31. Three months ending March 31.
1868
... £21,449,424 • -. £46,409,094

1867 18 399 265
1866 21,294,683
"Ilt
T,he imports and exports of bullion and specie
mg the four months are—

Imports £7,100,102
Exports

of Imorts .. £1,182240
The entriesE andxcess clearanpces of shipping during the
th-'
e Period are generally favourable, compared with
hoOse of the preceding year.

BRITISH FUNDS—CLOSING PRICES.
3 GOVERNMENT FUNDS.
Per Cent. Consols
a Ditto for Account Juno 4
liPer Cent. Reduced 944
1,1." 3 per Cent
er,lr 2.1 per Cent. Jan. 1894
d
'''. a per Cent. J an. 1873
4,lluities, 30 yrs, expire sth Jan., 1880 —
1-',O. for 30 yrs, aspire sth April 1885 l2i,.
E "a (Red Sea Telegraph), Aug., 1908 —
DO
Bills, £l,OOO, 2 per Ct l2 pm
Do,
.£5OO
Do
ta. • £lOO & £2OO — 17
„silk of England Stock, 41 per Cent`
4jn• Account
na: hinikti GOVERNMENT SECIJRITIEE.
-`l3. tock, 10} per Cent., April 1874
la • Account
n° • 5 Per Cent. .July, 1880
-1)°. 4,,per Cent, Oct. 1888
~.NO. Certificates —
DO. Enfaced Paper 4 per Cent
o k -
bf-3. L, per Cent., Jan. 1872
D„' ,A per Cent., May 1879 llO
" a per Cent., Rduop.. Deb. 1872 —
Do. 1877 —
Do
Ilt., IA • do. 1882 —
1i B b
105} per Cent., Aug. 1873
onds, 5 per Cent., £l,OOO
0. under £l,OOO - pm
r °REIGN FUNDS—CLOSING PRICI S.
Auentine Itepullc, 6 per Cent......
INtO Bonds 5 per Cent. 1839
,-ITi.O 5 per Bonds,
xd
Do 11 Per Cent., 1852 —
10.
- . do., 1818
1)0. do., 18 ;(, —
D;, , do., 1863 —
131)•2 per Cent., 1865 —
° `leenunt 771 i I i
eLos ,
, Lyres G per Cent —
VII )., 2„Per Cent. (Deferred 3 per Cent.)
0 „le 'Per Cent.
jjna,,) 6 per Cent —
u°— ',..1 Per Cent —
1.)0. u per Cent., B —
Do*, , 1867
Do" szi 1)" ,Cent., 1866
0 , '',k'Crip .£32 paid
D,vaiTbi", 6 per Cent.
,liiiir pa. Cent., 1825
12,0
.40 Principaities, 7 per Cent 73
ii,a(ll Per Cent., 1867 BOl 1
.b.;4y 9r
7e7erCootuasotlidated, 1 per Con' l3 11
, , Ptt,..ao,
1.,.;°. Qooutl Issue BO
`l%). 4.500 Bouds
81i