The Sun.
London, England, 1870-06-17 00:00:00

THE SUN, LONDON, FRIDAY MORNING, JUNE 17. 1870.

debts, by any recent legislation. He had been informed
that Mr. Edmunds called in question the legality of the
act, and had applied for his discharge. Consequently the
question of legality would be immediately determined.

LATEST INTELLIGENCE.

(BY ELECTRIC TELEGRAPH.)
INDIAN FINANCES.
The position of Indian finances has improved, but it is
thought the additional income-tax is still necessary.

MONETARY REPORTS-YESTERDAY

In the Stock Exchance to-day the business doing has
been very moderate, and the tendency generally has been
to a lower range of values. The critical state of the
crops, caused by the severe drought, continues to unfavour-
ably influence the consol market, and prices ruled easier.
At the commencement of business the prices for the ac-
count fell to 92 to 92g, but subsequently recovered to 92a
to 92i. For delivery the quotation is 92i to
92g. Reduced and New Three per Cents., 92i to 921.
Exchequer Bills par to ss. prem. Bank stock, 234, 235.
Indian Five per Cents., 110, nu ex div., and Indian
Bonds, 215., 265. prem.
The demand for English railway stocks has not been
active, but the general tone has been healthy. Metro-
politan at 64 is better, and Great Northern Aat 1361
shews an advance of On the other hand Great
Western has fallen the quotations being 73k. London
and North-Western *, or 129 a ; and Great Eastern or

40i. Caledonian is at 78k, Brighton, 441; S mith Eastern
761; and North-Eastern, at 1471.
Indian railway stocks have been flat and without move-
ment. Canadian shares have been dealt in quietly.
Foreign shares have been inactive. Lombards, however,
have risen *.
As regards foreign bonds there has been a good de-
mand for Spanish, and 1867 and 1869 skew an improve-
ment off per cent., the former being quoted at- 31 15-16,
and the latter at 31 9-16; Turkish 6 per cents. (1865) at
75 are I better, and the 5 per cents. at 53 13-16; but
Egyptian 7 per cents. at 82i are * easier. The Five-
Twenty Bonds have been prem. and higher.
Bank shares have been dealt in quietly, and have shewn

no change.
The fluctuations in the value of telegraph shares have

been unimportant, and the transactions have been limited.
Telegraph Construction shares have been flat, and 1 lower,
at to 241 ex £4 capital returned ; Silver's India-
rubber area lower, at 43 to 44i.
The sum of £14,000 has been taken into the Bank

to-day.
The Clearing House return for the week ending June
15th shews a total of £88,281,000, against £69,300,000 for
the corresponding week last year.
At a meeting of brokers to-day it was resolved that after
the series of public sales of Colonial wool, which com-
menced to-day, shall have been brought to a close, no
further sales be held until October next.

At— a meeting of the Jersey and Guernsey Telegraph
Company it was stated that the arrangements with the
Government were not yet completed, and the meeting was
adjourned until the 28th of July.
The Bank of Ireland have declared a dividend at the
rate of 4i per cent. per annum free of income tax.
At a meeting of the creditors of Mr. Josiah Smith, of
Oldham, cotton spinners, it was resolved to accept the
offer of 3s. 6d. in the pound, payable immediately.
As was expected no alteration was made in the official
minimum to-day, which therefore remains at 3 per cent.
In the general market there has been a fair supply of
capital, and with a moderate demand for accommodation,
three months' paper has been negotiated at 2i to 3 per cent.
The Union, from New York. has brought £45,564 in
specie. The Avoca has arrived at Galle with £450,000 in
Australian gold for England.
The British Indian Submarine Telegraph Company
state that the Governor of Aden has officially notified to
their superintendent that ships calling at Aden to deliver
telegrams will not be charged any harbour dues. It is be-
lieved that when this exemption becomes generally known
many vessels which now pass Aden to avoid harbour dues
will call and report themselves.
The increase in the traffic of the Great Western Rail-
way for the past week, compared with the corresponding
period of last year, is £4,416; on the Manchester, Shef-
field, and Lincolnshire Railway there is an increase of
£3,247 ; on the Lancashire and Yorkshire, £"23,912; on
the Great Eastern, £6,107 ; on the Great Northern,
£1,067; on the Caledonian, £2,290; and on the Bristol
and Exter Railway, £5,029.

The return of the Bank of England shews the following

results when compared with the previous week :—Ad-
vance of circulation of £273,992 ; an increase of public
deposits of £456,571; an increase of other deposits of
£1,275,457 ; a decrease of Government Securities of
£1,296; an increase of other securities of £1,195,936: an
increase of bullion of £274,579 ;' an increase of
rest of £17,123 ; an increase of reserve of £524,569.
The circulation, including bank post bills, is now
£22,971,029 ; public deposits amount to £11,166,165 ; and
private deposits to £17,542,775. The securities held re:
present £33,674,231; and the stock of bullitin is
£23,917,833. The rest stands at £3,112,095.

LONDON STOCK EXOTIA.NGE-YESTERDAY.

LATEST PRICES --AFT:

IR OFFICIAL HOURS.

SECURITIES.

Brazilian, 1865, 5 p c 9l} $2l
Egyptian, 1868, 7 p a... B2l 82
Do. Rail. Debeu., 7 p c 101;1021
Italian, 1861, 5 per cent 59;
Peruvian, 1865, 5 per cent 901 911
Portuguese, 1869, 31.,c 338 34
Russian, 1866, 5 p c 93; 941
Do. Nicolas, 4 per cent 6Bl 691
Spanish, 1867, 3percent 3l/ 32
Do., 1869, 3 per cent
Turkish, 1854, 6 per cent 81 89
Do., 1865, 5 per cent 531 531
Do., 1865, 6 per cent 741 751
U. S. 5-20 Bonds, 6pc 1882 90 90
Do., 1865 893 891
Do., 10-40 Bonds, spc 1904 86 871
Erie E ha., 100 dols. all pd. 1 18!