The Sun.
London, England, 1870-07-15 00:00:00

MONETARY REPORTS.-YESTDERAY.

The anticipated peaceful solution of the Franco-
Prussian difficulty, by the withdrawal of Prince Leopold
of Hohenzollern from the candidature of the Spanish
throne, appears to have been quite premature, judging
from the advices from Berlin to-day. War is now con-
sidered almost a certainity, and in, consequence, a panic
has again prevailed, prices receding to their former
low level. The value of all descriptions of securities
has been injuriously affected, the depreciation in
the leading foreign speculative bonds being very severe,
and amounting, on the average, to about 2i per cent.
Railway stocks have, also participated in the general
heaviness. As regards consols, the tone of the market
has been a sure indication of the suspense in which all
parties are at present held. At one time the price fell to
94, but it has since recovered to 9111 to 92* for the August
account, and 91/ to 92, shewing a decline on the day of
per cent. Reduced azd New Three per Cents., 91, 92 ;
Exchequer bills, is. to 6s. prem ; Bank stock, 233, 235 ;
n
India Five per Cents. ei, ; and India bonds 20s.
to 255. prem.

The foreign bond market has been in a most excited
state, and the whole of yesterday's recovery has been lost.
Italian (1861) are now quoted at 50, 51; Spanish (1867)
25, 26 ; ditto (1864), at 25 to 25-i ; Turkish Five per
Cents. at 43, 43i ; and Egyptian Seven per Cents., at
78 to 79.

The market for English railway stocks has been very
unsettled, and further adverse movements have taken
place. Metropolitan is quoted at 694, 70,E ; Great
Eastern, 38k, 39i ; Midland, 129/, 130 ; North-Western,
1281 129 ; Great Western, 70k, 71, and North-Eastern,
1441, 145.
For Innian railway stocks there has been but little
inquiry. Nevertheless prices have been maintained.
Canadian shares have been dealt in quietly, In foreign
shares the business doing has been only moderate.
Lombards have fallen 1.
In Bank shares the business doing has been limited,
and-the fluctuations in prices have been trifling. Imperial
Ottoman have been done at 3i prem. ; and London and
County at 501.
Telegraph shares have commanded but little attention.
Falmouth have been * better. Telegraph Construction
shares have been quiet, and * easier, at 254 to 26*.
In miscellaneous securities the transactions have been
restricted, at about late rates.

The return of the Bank of England shews the following
results when compared with the previous week :—An in-
crease in circulation of £30,707 ; a decrease in public
deposits of £1,148,237; a decrease in other deposits of
£2,243,159 ; an increase in Government securities of
£5,003 ; a decrease in other securities of £2,880,538 ; a
decrease in bullion of £444,315; an increase in rest
of £39,839; a decrease in reserve of £442,360.
The circulation, including bank post bills, is now
£24,353,213 ; public deposits amount to £5,938,213; and
private deposits to £18,731,634. The securities held re-
present £21,373,475, and the stock of bullion is £21,004,268.
The rest figures for £3,355,208.
The report of the National Discount Company, to be
presented on the 20th inst., shews that the gross profit for
the half-year has been £110,251, and that after providing
for the current expenditure, &c., and reserving £93,959 for
rebate of interest on bills not due, there remains, with the
balance of £2,264 brought forward from last account,
£66,327, out of which it is proposed to distribute £63,830
in the payment of a dividend at the rate of 16 per cent.
per annum, free of income tax, and to carry forward the
balance of £2,497 to the next account.
The sum of £131,000 has been sent into the Bank to-
day.

The Nyanza, from Alexandria, has brought £443,500 in
Australian gold.

The Oneida, from the Brazils, has arrived at Lisbon,
with £19,296 in specie.

The directors of the Metropolitan Bank recommend a
dividend at the rate of 5 per cent. per annum.

The dividend of the Midland Bank will be 6 per cent.
for the half-year.
The steamers which left New York yesterday for Europe
took £145,000 in specie.
An increased amount of animation has been noticed in
the demand for money. There has been a good supply
of capital, but the inquiry has been stimulated by the
Stock Exchange settlement, and the rate fo'r negotiating
three months' paper has risen to 2k, 3 per cent.

A failure of a jobber in the Stock Exchange has been
announced to-day, and other inabilities to meet engage-
ments are also rumoured.

The traffic returns of the Lancashire and Yorkshire
Railway for the week ending July 10, shews an increase of
£1,326 on the corresponding week of last year ; Great
Western, increase of £3,312 ; Caledonian, increase of
£2,567 ; Bristol and Exeter, increase of £556 ; Great
Eastern, increase of £3,416: Great Northern, increase
of £5BB ; Manchester, Sheffield, and Lincolnshire, decrease
of £932.

LONDON STOCK EXCHANGE.-THURSDAY.

FROM THE OFFICIAL LIST.

The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

Three per Celnt Consols 911 921 Brazilian9ol,, 1865, 5p c .... 90 92
921, 1
Do for Account
921, 1,1, 1 79, 81, 9/
Three per Cent Reduced 92 921 Do Rail Deben 7 p • • 97 99
921, 1 981
New 3 per Cent
94 531, 501
Exchequer Bills, March Is, 6spm Peruvian, 1865, 5p c .... 87 89
Do, June is, 6s pm 891, 9
Bank Stock
2341, 34 30
India 5 per Cents llOlllll Russian, 1866, 5p c
111 93
India Bonds 2os, 25spm Do Nicolas
4p c .
Can 6pc Jan&JulylB77-84 10311041 681 1
Do March & Sept. 105 106 Spanish, 1867, 3pc
Do 5p c Jan & July .. 951 961 271, 1, 61, 51, 6 1
951 Do, 1869. 3 p c
Do Inscribed Stock .. 95 97 271. 61, 51. 61
Dom of Can 5p c 1903 .. 971 98) Turkish. 1854, 6p c B5 87
Ceylon 6 p c May and 88
November 1878 lOB 109 Do, 1865, 5p o
Mauritius 6 p c Jan and 441, 5,4, 51, 41 x d
July 1873 lOl 103 Do, 1865, 6p e
New S Wales 5 p clB7l-76 100 101 671
New Zealand 6p c 1891.. 109 111 U.S. 5-20 Bonds, 6p c 1882 871 871
Do 5 p c 99 mai 89, 71, 81, 71
Do 5p c Consolidated 9011001 Do do 1885 87 871
991, 1001, 991 Do 10-40 Buds, 5p c 1904 86 87
Do 6p c Mar &Sept 1891 111 113 Erie Sha, 100 dole, all paid 161 171
Do June & Dec 1891 109 111 171, 1
Vict 6p c Jan &July 1891 112 113 Illinois Central Shares.. 11011111
DoApril & Oct 1833-85 lll 112 112, 111
1111, 1 Atlantic and G W R Con
Vict 5 p
1011 c Jan & July 1894. 101 102 Mortgage Bonds 25 27

77 79

50 52

93 94

68i 691