The Sun.
London, England, 1868-03-07 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, Two o'CLocK.
The Stock Markets are quiet. There is, indeed, an
almost entire absence of business. The principal
movement has been in a few of the Indian guaranteed
stocks and in American Railway stocks. The Foreign
Market is slightly dull. Railways are without sub-
stantial change. The funds are a shade firmer.
There is still a good demand for money at 11 per
cent.
Consols are firm at 93 to 93k for money and
account. New and Reduced Three per Cents., 92 to
93,1, ; India Five per Cents., are again ± better, at
113/ to 113/ ; Bank Stock, 249 to 251 ; Exchequer
Bills, lOs to 15s prem.
In Foreign Stocks there is a further advance of
in Orel-Vitebsk Railway debentures, at 77 td 78 ;
and off in the Viceroy's 9 per Cent. Bonds, at 89 to
891- ; Mexicans are 15/ to 151 ; New Spanish, 36
to 361 ; Greek, 12 to 121 ; Italian, 45i to 451 ;
Turkish, 321 to 33 ; Portuguese, to 1 prem. ;
Egyptian (1864), 87 to 88.
The New Honduras Loan is steady at / to 1i
prem.
Egyptian Nine per Cent. Bonds are 89 to 89k.
Erie shares, on highest prices from New York, are
1k better, at 471- to 481-. There is a rise of ±in the
5-20 bonds, at 713- to 71,7 z ; Illinois, 881- to 89k.
Atlantic and Great Western Railway Debentures
have risen k to 26 to 28, and the Consolidated Mort-
gage Bonds remain steady at 27/ to 27/.
Railway Shares are rather firmer, but prices show
no particular change. Midlands and South Eastern
are both k higher; Lancashire andYorkshire,l26 to 1261-;
Midlands, 106 to 106 - ; London and North Western,
1151- to 1161- ; Great Northern, 105 k to 1061- ; Great
Northern (A.) 103 k to 1041- ; Great Eastern, 30k to
30R- ; South Eastern, 72 to 72k ; Midlands, 106 to
1061 Great Western, 451 to 46k ; London,
Brighton, and South Coast, 48 to 481- ; Metropolitan,
1± to 1111; Caledonian, 82/ to 821.
In Bank shares the dealings are unimportant.
Anglo-Austrian is lower, at 31- to 4, and Imperial
Ottoman is f.higher at / dis. to prem ; London and
County, 52 to 53 ; London and Westminster, 671-
to 68i.
Miscellaneous Securities are quiet, and prices are
little altered. Anglo-American Telegraph, 20± to
201- ; Atlantic Telegraph Eight per Cents., 5k to 5k ;
Hudson's Bay, 144- to 14k; London General Omnibus
tot.

The sum of £G,OOO, in sovereigns, was withdrawn
from the Bank yesterday for transmission to Brazil.
The Ciabria has arrived from New York, with
£42,000 in specie for this country, and the Ripon
from Alexandria, with £39,831.
The steamer Tanjore leaves to-day for the East,
taking £3,000 in gold for Alexandria, and £2,950 in
silver.

The next biddings for Bills on India will take place
at the Bank of England on the 18th inst., when
£200,000 will be offered.
Messrs. Tinsley, Wright, and Co., of Tipton, chain
and anchor manufacturers, owing to the suspension of
the firm of Murcott, Wright, and Co., of the Lanes-
field Ironworks, Wolverhampton, a large amount of
bad debts, and the general depression of trade, have
found it necessary to call a meeting of their creditors.
It will be held at Birmingham on Tuesday next. The
liabilities amount to about £30,000.
The ordinary general meeting of the National Bank
of India has been called for the 16th inst., to receive
the directors' report and to declare a dividend.
The half-yearly meeting of the Harwich Harbour
Estate and Lands Improvement will be held on the
26th inst., to receive the directors' report and state-
Went of accounts.
The liquidators of the Eastern Exchange Bank have
declared a further dividend of 5s per share, making
£4 10s. paid.
A. meeting of the creditors of W. H. Smith, Barry,
and, Co., was held yesterday at the offices of Messrs.
11-0111 p, Caunan, Ford, and Co., when a resolution
Was passed to place the estate under inspection, and
three auditors were appointed inspectors. The lia-
bilities are about £60,000 ; the assets are nearly to
the same amount, but, being in India, the result of
their realisation cannot be speedily made known.
The liquidators of the English Joint-Stock Bank
have made a call of £4 per share, payable in two
equal instalments, on March 30 and June 30. A
further early distribution is expected, but the liquida-
tors do not feel justified in forcing a speedy realisa-
Una of the assets.
The appointment of Mr. Whiffin as liquidator of
the British and American Telegraph Company has
been confirmed by the shareholders.
Sir Frederick Halliday, K.C.8., has been appointed
Chairman of the Anglo-Indian Telegraph Company ha
Place of the late Mr. Charles E. Stewart.
The following is from a circular received from the
Choutales Mining Company :—" The directors feel it.
necessary to express to the shareholders the great dis
appointment they have experienced at the lion-
remittances of gold they had been confidently led to
expect, and upon which they so fully relied to meet
the monthly cost. Notwithstanding the panic created
amongst the natives by the outbreak of cholera,
Captain Paul reports that the contractors have been
able to carry on their works by paying their men
higher wages. It is a subject of inquiry with the
directors why Captain Paul, under such special
circumstances, did not adopt similar means to retain
labour so essential for making returns. Although
these circumstances have in no way depreciated the
value of the mines themselves, yet the directors, in
Consideration of the many disappointments that have
arisen from the failure of Captain Paul's estimates,
;4141 to insure more reliable information for the future,
have deemed it desirable to send out a commissioner,
_who should, in combination with his business quali-
lications to be a practical man, thoroughly acquainted
,with gold mining and the reduction of ores ; and
they are happy to say that, amongst the numerous
andidates who replied to their advertisement, they
have secured the services of Mr. Thomas Belt,
who,, from his practical experience in gold
l.'nes in various parts of the world, and the
high testimonials for integrity and ability,
kith which the board have been furnished, they
belt
to be well suited for the appointment. Mr.
tielt left England on the 17th January last, and is
9vv, it is hoped, at the mines. In accordance with
'lB instructions he will take complete charge and
C9ntrol of the company's affairs, as well as the super-
vision., of the working of the mines. The directors
400 k forward most anxiously for the report of this
gentleman upon the state and prospects of the mines,
11,eue efficiency of the machinery, and the value of
property ; but, as this report cannot
r received earlier than the month of May, the
Tdirectors propose to defer calling the half-yearly
i
eetingof shareholders until that period. The
actors may state that although unforeseen diffi-
culties and impediments have hindered progress, so
thatti_ time and outlay in bringing the mines into a
1 course of working have exceeded their calcula-
tions, yet large progress must have been made
towards rendering the mines available for returns.
Captain Paul states that the Consuelo Mine is now available for stoning, the large wheel at St. Domingo
its in working order, and the tramway from the mine
to the mill completed.

BRITISH FUNDS—CLOSING PRICES
GOVERNMENT FUNDS.
E Per Qeut. Consols
, Do. Account, April 2 —
9,,rper Cent. Reduced 99 1 xd
•LieW 3 per Cent 92 1 xd
'Bvir 24 per Cont. Jan. 1894 —
. Do. 5 per Cent. ttu. 1873 —
Atuauities, SO yrs, expire sth Jan., 1880 — xd.
Po. for 30 yrs, expire sth April 1885 —
EDo (Red Sea Tele,,,, raph), Au.,., 1908 —
e,4 v.
tequer Bills, £l,OOO, 2 per Gt. — pm
Do
.£5OO — pm
1:11
Do. £lOO & £2OO — pm
11k of England Stock, 41 per Cent 249
•Do. Account
1 INDIAN GOVERNMENT SECURITIES.
11-ka Mock, 101 per Cent., April 1874
-.Jo. Account
D°. 5 per Cent. July, 1880
D 1131 i
o. 4 p 02.• Cent., Oct. 1888
Do. Certificates
Do. Enfacoci Paper 4 per Cent —
. 5 per Cent., Jan. 1872
bl:l,°°• 54 per Cent., May 1879 —
3
5 per Cont., Rup. Deb., 1872 —
o do. 1877 —
• D, Do• do. 1882 1034
;
1051
• Deb 5 cr Cent., Aug. 1873
De Bonds, P
.1) • 5 per Cent., £l,000
0. under £l.OOO
Ar rOREI.GN FUNDS—CLOSING PRICES.
Atigettitine Republic, 6 per Cent —
)3• '';i.ao, Bonds, 5 per Cent. 1859
..14,.
c).,'1,,1 5 per Cent —
r\ "'l4 Per Cant., 1852 —
Lo'°' do " -18 s 8 ...• —
1)0, .,
do., 18tio —
Dodo., 1803
r, • 5 per
~
Cent 1865
134;0 Account 714 24
1)"3 Ayres 6 per Cent —
(1.6 2 per Cent. (Deferred 3 per Cent )
Ctiii' 6 Per Cent.
te4l 6 per Cent
"jo°. 4i Per Cent —
.
1-.)u '2. 6 p. 31. Cont., B —
bo, , 1867
Da'
C ',I-)r 'Cent., 1BC6
u e, „.„',•-feriP £32 paid
ti,n, 6 per cpnt.
•
b tiziB,4, 3P r Cent., 1825
Douian Principalities, 7 per Cent —
kl,l, 8 Per Cent:, 1867 —
0, 4clor "Nr
-•fqv Con4olidated, 1 per Cell,— bYptiar, .7
be , . Per Cent —
Do. "oci Issue B4l
be .C 5"/ Ronds
• £lO3 Bonds —
tJ,,,„0
o. to-
)0
llonds 1864
87 8 71
U . 4160 Bonds
~... 88i-
cirets.,_,v7rntileiit Pail way Debentures .... 91,',
Doi: P Per Cent., 1824-5, ex Coups —
40. 'tnee°lllit
.
..oupong
4 ........... fellif Stitlit.l.lo, .7 ....'