The Sun.
London, England, 1868-03-10 00:00:00

MONEY MARKET

AND
qOMIVIERCIAL EIZTELLIGVNrX

CITY, Two O'CLOCK.
There were no bullion operations at the Bank of
England yesterday.
The City of Buenos Ayres has arrived With
4:23,200 from Suuth America.
The fortnightly settlement in the Stock Exchange
commences to-morrow (Wednesday) and concludes on
Friday.
The report of the National Bank of India announces
that the available balance for the half-year ending
with 1807 amounts to £23,792, out of which it is
proposed to pay a dividend at the rate of 6 per cent.
Per annum, with a bonus of 1 per cent. This distri-
bution will leave £2,200 to be added to•the reserve,
,ancl -E3,06-1 to be carried forward. " The directors
Lave much satisfaction in stating that no bad debts
have been incurred during the half-year. The large
amount of deposits shows how rapidly the bank has
established itself in the confidence of the public, and
the directors anticipate that when trade shall have
recovered from the present depression, the results
will be still more satisfactory. One of the directors
has Visited the Bombay and Calcutta branches during
the half-year, and report both those offices to be in a
high state of efficiency. The transfer of the head
(ace from Calcutta to London has been. completed."
The traffic receipts of the Great Western of Canada
for the week ending the oth instant., show a decrease
of X 5,338, in consequence of au interruption to traffic
oy snow.

A meeting of the contributories of the Financial
Insurance Company (Limited) will be held at the
offices of Messrs. C. F. Kemp, Cannan, Ford, and
Co., on Friday, March 20, for the purpose of receiving
a report from the liquidators of the said company as to
the progress of the liquidation up to the present time.
At this meeting the liquidators will proceed to call up
the whole of the uncalled capital of the company, and
at the same meeting a resolution will be proposed to
fix or settle the remuneration of the liquidators.
The half-yearly meeting of the Great Western
Railway of Canada has been called for the Bth April,
When the directors' report will be presented, and a
general statement of accounts.
The ordinary general meeting of the British
American Land Company will be held on the 30th
inst., when the directors' report will be presented.
An extraordinary general meeting of the share-
tiolders of the Indian Carrying Company will be held
on the 17th inst., for the purpose of confirming a
resolution passed at the previous meeting for the
voluntary winding-up of the company.
The city of Liege has contracted a loan 0,
12,000,000 fr., or ..£480,000 sterling, at the price of
92, for the prosecution of improvements. The loan is
to be redeemed at par by four drawings every year.
The rate of interest is not stated.
Belgian advices say that although the iron trade is
hot much improved, it is very far from being so
languid as it was a few months ago. Some large
orders for rails are expected from the German railway
companies.
The iron manufacturers of Russia have memorialised
'tie Imperial Government to place a high duty upon
I.allway engines of foreign manufacture, in order, as
they say, that the national industry in this depart-
Ment may be effectually protected.
The principle feature in the Stock Markets is a
further advance in India Stocks, the demand for
which for investment has lately been considerable. In
the Foreign Market Italian Stocks have experienced
a re-action, and they are heavy. Americans continue
steady at the improvement noted yesterday. Egyptian
Stocks have slightly recovered, and they are now
firmer in tone. British Railways are very little
altered in the absence of operations, but they are
steady. The Canadian lines are a point better.
Foreign mines are also firmer.
Discount is in moderately active request, at 1/1 to
,
per cent., with fair supplies.
The Cotton Market is quiet.
The funds show no change, with the exception of a
further rise of tk in India Five per Cents., which are
now quoted 114 to 1141. Consols are still 93 to
for money and account. New and Reduced, 92 to 1.
15allk stock, 249 to 251. Exchequer Bills, lOs to 15s
prem.

The Foreign Stock Market is drooping in some
respects, but in others it is steady. The changes since
tot nigh comprise a rise of in Portuguese scrip at
11 prem. ; of k in the Viceroy's 9 per Cents. at
88i to 89 ; in Mexican at 15i to 16 ; and in
Greek, at 121 to 121 ; also a fall of in Italian, at 45
There
45i, and of -k in New Spanish, at 3q to- 35g.
Egyptian
is no variation in Turkish, at 32g to 321 ; in
-c-'gYptian (1864), at 8611 to 874 ; in the Viceroy's 7
per Cents., at 731. to 74 ; and in the Railway Loan,
ttt 902 to 91k.
American Securities arc steady, at yesterday's ad-
vances. The 5-20 Bonds are 71g- to 711 i Erie, ..19i
501 ; and Illinois, 89 to 90.
There is no particular feature in railways. The
tone is steady, but business is quiet. Metropolitan
been done at 113, but they aro now 1121 to 1121,
or only above yesterday's price. Lancashire and
Yorkshire are quoted at 125/ to 1264. ; Midland, 106
to 10q. ; South Eastern, 721 to 721 ; London and
North Western, 1151 to 1131 ; Great Northern,
1051 to 106 ; ditto (A), 103 to 104 ; Brighton,
48 to 49 ; Sheffield, 41k to 411 ; Metropolitan,
1121. to 1121; Caledonian, 83 to 832 ; Great Eastern,
on to 301 ; and Chatham, 18 to 181.
Bank shares are without change. The following
are " few quotations :—Agra (A), 10 to 11 ; Alliance,
14i• to 132 dis. ; Anglo-Austrian, n- to 31 prem. ;
Chartered Mercantile, 281 to 291 s ; Imperial, 16k to
1~1; Imperial Ottoman, to dis. ; London and
vounty, 52 to 53 ; London and Westminster, 67i to
,eBi; Oriental, 42 to 43 ; London Joint Stock, 33 to
')4 Union of London, 33} to 341.
in Finance Shares the only movement is a decline
,_„°t in International Finance, at 21 to General
Credit, 23 to 2. Credit Foncier, 3to 31.
Foreign mining shares are firmer. St. John del Rey
°llta's quoted at 17 to 18, being an advance of ; and
uh •
es are better, at lk to 1 dis.; Port Philip
steady at 1 to H.
In Miscellaneous Securities business is quiet, but
purees are, on the whole, steady. Anglo-American
'telegraph is higher, at 21k to 21 ; Atlantic Tele-
14Ph 8 per Cent., 5 1-16 to 5 3-16 ; Hudson's Bay,
I,g to ; London General Omnibus, 14 to 2; Ocean
valarine Insurance is 1 lower, at 14 to 15 ; and Uni-
-I'-erse7rsal Marine at to dis.; but Thames and
yis better, at to 4:
21: prem.

BRITISH FUNDS—TWO O'CLOCK.
, C}CVERNMENT FUNDS.
v Par ()enc. Consols
a Do. Account, April 2 —
New Cent. Reduced 92 1
,„."ew 3 per Cent 92 /
41 evr 21 per Cent. Jan. 1894 —
per Cent.
cinuities, SO vrs, expire sth Jan., 1880. xd
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Tele6raph), An..., 1908 •—••
X' XChecluer Bills, £l,OOO, 2 per Ct. — pm
Do £5OO pm
, Do. £lOO & £2OO pin
•Idank of England Stock, 41- per Cent 2501
Do. Account
INDIAN GOVERNMENT SECURITIES.
India Stock, 101 per Cent., Apri11874
DO. Account
uo. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enlaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
130. :41. per Cent., May 1879 —
Do a per Cent., Rup. Deb., 1872 —
Do. do. 1877
, Dcp. do. 1882 —
",. Deb., 5 per Cent, Aug. 1873
Do. Bonds, 5 per Cent., £l,000
Do. under £1.000
FOREIGN FUNDS—TWO CLOCK.
t'argentine Republic, 6 per Cent —
uitrian Bonds, 5 per Cent. 1859
razillan 5 per Cent —
20.41 per Cent., 1852
-",,°. do., 1858....• —
,„"°. do, 1860 —
1,•"°. do. 1863 —
.1
'''',,°. 5 per Cent, 1865 ... —
D '-'0 Account 7l/ I I
11enOs Ayres 6 per Cent —
c u, 0 2 per Cent. (Deferred 3 per Cent )
00%, 6 per Cent.
4iiin an 6 per Cent —
."0. 4i per Cent
U°. 6C t B
1:1_ her en „ •
-I)%i 1867
—°., 7 per Cent. 1866
b Scrip
, ,
0 i, °•1 Scrip £32 paid
btn
8
ba• !labial], 6 per Cent.
I) ilish, 3p u. Cent., 1825 . —
tlubian 1
1.1 - Per Cent., 1867 Principalities, 7 per Cent 65
681
,010aclor New Consolidated, 1 per Cent —
'''ptiar, 7 per Cent —
ri"),• Second issue B3l 41
'
1., • £590 Bonds .. •
". £lO6 Bonds B6
13 Do• 1864
0. 45.0 Bonds
DO. £lOO Bonds . 881
cirn‘rernnient Rail way Debentures ..... 901
k"f'o. i 5 p
ee er Cent., 1824-5, ex Coups —
~,
' Aount
•J
• Uoupons
G,;O. Account
lioAtetuala 5 per Cent .. —
ft ,1-(luras Gov. Rail. Loan., 10p. Ct., £25 p
z3'1,4 Cent., 1865 —
o Account ~ . 7ll 2/
I,l,xela.eemnaana Ratway —
Ditto
''
3 per Cent —
for Account
I, D O
...., 0 6 . 1864 —
Meht Per Cent. Anglo-French —
titeo,P,l'dc'au 6 per Cent. • . —
Are 'lBn imperial 5 per Cent
U 016,0 .3. Diaiarde:oe di:
321
61
Perttj'B4, Warrants (Hectares)
0 Et• 0 per Cent. 1865 —
0 Aee,o
Do di tint
'I Per Cont. 761; -a•
(Uribarron)