The Sun.
London, England, 1869-07-20 00:00:00

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offered at quotations. State Bouds were dull, and the
transactions were for small amounts only. Tennessee ex
Coupons sold at 62 ; New Bonds, 58 to 571; Virginia 6
per Cents. ex Coupon, 58 ; North Carolina New 6 per
Cents., 521 to 52; Missouri 6 per Cents. sold at 87 ex
Coupon ; Alabama 8 per Cents., 96 ex Coupon. Railway
Bonds were spariningly dealt in. Express shares were
dull, with sales of Wells-Fargo at 311 to 311; Adams,
GOl 611 ; American, 42}; Pacific Mail was active, selling
at 90 to 91, closing 901. The stock was firm under large
purchases made in anticipation of upward movement,
based upon the heavy outstanding short interest. Cus-
toms receipts, June 21 to June 30, inclusive—Boston,
$301,615; New York, $2,752,000; Philadelphia, $230,628;
Baltimcre, $236,151; New Orleans, June 1 to 19, $202,306;
San Francisco, Juno 6 to June 19, $301,365. Total,
$4,024,065. Receipts of internal revenue to-day, $1,250,000.
The Philadelphia Public Ledger,July B,thus answers tho
following question :—" Will the editor of the Ledgerplease
state the law relating to notes falling due the sth of July ?
Are they payable on Saturday or Tuesday?—AN IN-
QUIRER." The notes falling duo on the sth of July are,
under the law of this State, payable on that day. Notes
falling duo on the 4th of July are payable on the 3d, an-
ticipating by one day the legal holiday. But the sth of
July is not a legal holiday, nor has it any of the privileges
of a legal holiday by reason of the 4th coming ou a Sunday.
The banks of this city, we are informed, have arranged to
have one competent clerk in their respective institutions
remain in bank during the usual hours of business on
the sth instant to attend to such business as cannot
1 e legally anticipated or postponed. The Stets
of New York has made special provision that when
any hereafter prescribed holiday shall occur on
a Sunday, then the ensuing day thereto shall, for
all purposes whatsoever, as regards the presenting for pay -
went or acceptance, and of the protesting and giving no-
tice of the dishonour of bills of exchange, bank checks
and promissory notes be treated and considered as is the
first day of the week, commonly called Sunday. And any
bill of exchange, bank check, or promissory note which
but for this act would fall due and be payable on any of
the days herein mentioned, shall, when said days fall on
Sunday, become due and payable on the Tuesday next suc-
ceeding such days. Under these provisions the New York
Banks on Monday next will hold commercial paper having
days of grace, and falling due on Sunday, July 4, 1869,
payable on Tuesday, the 6th of July ; commer-
cial paper without day of grace, due on Sunday,
July 4, 1869, will be payable on Tuesday, the 6th of July,
commercial papers having days of grace, and falling due
on Monday, July 5, 1869, will be payable on Saturday, the
3d of July; commercial papers without days of grace, and
falling due on Monday, July 5, 1869, will be payable on
Tuesday, the Gth of July. The financial agents of the
State of Tennessee at New York have been advised by
the State Comptroller that the July interest upon its tondo
will not be paid on July 1. We are not aware whether
this notification is to be construed as implying that the
interest is to be entirely passed, or that its payment is only
temporarily postponed until arrangements can be made for
borrowing the means.

essrs. Drexel and Co., the Philadelphia bankers, report
as follows on July 1: Pennsylvania Railroad shares, 561
561 ; Sixes, Ist Mort6age, 100 100} ; Sixes, 2d Mortgage,
96} 97.