The Sun.
London, England, 1868-07-02 00:00:00

ONEY MARTiEi

AND

tiOMMERCIAL INTALLI;.GEN'T:A

CITY, Two O'CLOCK.
A. firmer and more animated business is being trans-
R&D(' in stocks and shares, and quotations nave an
upward tendency. The English Funds, stimulated
by the increasing supplies of money, are fractionally
higher, and. foreign bonds are firmer, upon the re-
action in Paris late yesterday. Italian are particularly
firm. Railway shares are, however, flatter. The new
issues of capital by one or two of the largo companies
and the expected reduction in dividends cannot help
ad tilting this market for some time to come.
file Discount Market is easier on a steady increase
in the supply of money, but the minimum is still 12
per cent, for the best bills.
Consols are very firm, and are in request at 941
for money, and 941 for account. New and Reduced
Three per Cents., 94.1 to 942 ; Bank Stock, 240 to
; Exchequer Bills, 15s to 20s prem. ; India
Five per Cents, quiet at 11.4 to 115.
Colonial Government Securities are steady, the
Only movement being an improvement of A in New
South Wales 5 per Cent., which are quoted at 98
to 100 ; Canada 6 per Cent., 101 to 103 ; ditto 5
per Cent., 89 to 91 ; Mauritius 6 per Cent., 102 ro
°4 New Z?aland 6 per Cent., 10:74 to 106 i ;
Queensland *6 per Cent., 1051 to 1061 ; Victoria 6
Der Cent., 111 to 113.
Foreign Stocks, on the receipt of a recovery in
Paris, are in demand. Italian take the lead, the
1861 Bonds having advanced A per cent., to 52k.
Mexican Bonds are 151 to 16/ ; Greek, 13i to 132 ;
New Spanish, 36a to 364 ; Turkish, 39i to 391" ;
Chilian Six per Cents., 102 to 104 ; Portuguese, 39k
to 392 ex div. ; Egyptian (1864), 81 to 83 ; Peru-
vian (1865), 782 to 79,k ex div. ; and Honduras par
to 1 prem,
In American Securities United States Five-Twenty
Bonds are dull at 724 to 731, being a decline of 4 ;
Erie shares are / better, at 451 to 461 ; while Illinois
are k lower, at 101 to 102.
Atlantic and Great Western Railway Debentures
are 28 to 29 ; and the Consolidated Mortgage Bonds,
33/ to 332.
Great Indian Peninsula Railway New Four
per Cent. Debenture Stock is 96 to 97.
Foreign Railway Shares are quiet. Lombardo-
Venetian is better, at 15,i to 152 ; Great Luxem-
bourg, 11 13-16 to 11 15-16.
English Railway Shares are flat, and in several
instances prices show a reduction. Great Northern is
lower at 101 i to 1021 ; Manchester, Sheffield, and
• 4
Lincolnshire, b, at 41 to 41k ; and a decline of 4 is
established in Midland, at 1044 to 1051 ; South
Eastern, at 73 to 73i ; Caledonian, at 71 to 71i
and London, Chatham, and Dover, at 19 to 19 ; and
in Great Northern A, at 94?2 to 95 ; and Great
Western, at 49 to 49k ; Lancashire and Yorkshire is
unaltered 1271 to 128/ ; London and North Western,
1131 to 114 ; Great Eastern, 352 to 36 ; Metropoli-
tan, 1102 to 111/.
There is no fresh change in Bank Shares, but the
market is quiet. Agra shares are quoted 11 to 12 ;
Alliance 111 to 101 ; Anglo-Austrian, 42 to 54 ;
Chartered Mercantile, 28 to 29 ex div. ; Consolidated,
4a to 41 ; Imperial, 18 to 19 ; Imperial Ottoman,
to 1 prem. ex div. ; London and County, 4911 to
501 ; London and Westminster, 70 to 71 ; Oriental,
42 to 43 ; London Joint Stock, 33 to 34 ; and Union
of London, 33 to 34.
In Finance Shares there is little business doing, and
prices are unaltered. Credit Foncier is quoted at 3
to3l ; General Credit, 24, to 21 ; International, 11
leg dis. ; •and London Finance, 22 to 20 dis.
Foreign Alining Shares are dull at yesterday's prices.
St. John del Rey is marked at 19 to 20 ; Port
Philip,ll to 14 ; Chontales, 11 to 2i ; Rossa Grande,
to A prem.
In miscellaneous Securities Anglo-American Tele-
graph is inquired for at 21 11-16ths to 21 13-16ths;
Atlantic Telegraph 8 per Cent., 4 13-16ths to
4 15-16ths ; Hudson's Bay steady, at 15 5-16ths to
15 7-16ths • Atlantic and Great Western Mortgage
Bonds, 334' to 334.
The traffic return of the London and NorthlVestern
Railway for the week ending June 28 shows a decrease
of £5,223 ; the Madras Railway for the week ending
laY 9, an increase of £3,808 ; and the Bahia and San
Francisco Railway for the week ending May 23, an
increase of £366, as compared with the corresponding
periods of 1867.
The gold sent into the Bank for the week now
closed is £107,000, and there have been no with-
drawals.
The Neva leaves to-day for the \Vest Indies with
£6,000 in specie, of which £5,000 is silver coin.
, The biddings for £200,000 in bills on Calcutta and
ttlaDladras, held yesterday, showed a slight increase in
demand. The amounts allotted were—to Cal-
cutta,
£185,900 : and to Madras, £14,100. The
ideiniinuin price was fixed at is 101 d on both presi-
encies. Tenders at is 10/d will receive about 47
per eent.
The prnposed dividend of the London and NV est-
minster Bank for the past half year is at the rate of
24 per cent, per annum, comparing with 32 per cent.
per annum in 1867.
~ef he East London Railway invite subieriptions for
°"66)600 6 per cent. debentures, redeemable in two
ywill ears. The issue is made at par, and the security
be transferable by endorsement without stamp.
he line making good progress, and, in order to
secure the interest, the directors have decided to in-
vest a sufficient sum in Consols in the name of trus-
tees for that exclusive purpose.
A further return of £2 10s. per share is announced
to the proprietors of the English and American Bank.
Milking, 75 per cent. repaid.
(There has been a fair average amount of business
says Messrs. Satterthwaite's Circular) in the London
market for American Securities since our last, and
quotations on the whole have been well sustained.
11 uited States 5-20's of 1862 leave off 73 to 73i, and
1865's 72 to 72/ ; Illinois, 1014 to , 1013 • and Erie,
45 to 46. Virginia Six per Cent. Bonds, in conse-
quence of the non-payment of the half-year's interest,
due to-day, have declined to 34 to 36. The arrange-
ments proposed by the directors for funding overdue
coupons, and resuming payment of interest on the
various securities of the Atlantic and Great Western,
has_ had but little effect on the quotations, Consoli-
dated Bonds closing same as this day week, 334 to
332 ; and the Debentures 28 to 29.
The silk market during the past month has been
active, and Messrs. Durant report an advance of is to
2s. In European silk, says Messrs. Hunt and King's
circular, " the
aggregate yield of the crops will be very
small, even less than last year ; prices open higher
has be
fully 15 per cent., and above 60s
en paid for
best organzine."
The London freight market during the month of
,Tune is reported by Mr. Alfred Brett to have been
fairly active. Time charters are scarce, and rat with-
out improvement, except for steamers of moes derate
size, for which more inquiry has taken place,
several transactions are recorded at very fair rates.and
The arrivals of grain at Marseilles last week were
223,360 hectolitres, of which 153,000 were sold ; and
On Saturday last the stock in the warehouses was
150,521 metrical quintals. On Monday most of the
French markets were quiet. There was no fall in the
prices of wheat, but it was difficult to effect sales, ex-
cept at a reduction.
The half-yearly meeting of the Rhymney Iron
Company has been called for the 15th inst.
e half-yearly meeting of the proprietors of the
East and West India Dock Company has been called
for the 10th inst.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 per Cent. Consols
94i, 5
Ditto for Account, July 9
8 pe _
r Cent. Reduced 941
New 3 per Cent
New 21 per Cent. Jan. 1894
A.unuities, 80 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 l2- Do (Red
Ex,, Sea Telef,raph), Aug., 1908 —
Dohoquer Bills, £l,OOO, 2 per Gt
16 19 prn.
Do. £5OO
£lOO &
Bank of England Stock,
41£200 per Cent 240 2 t,
Do. Account
ti
INDIAN GOVERNMENT SECURITIES.
India Stock, 101 per Cent., 1)
A ri11874 ••.
212
Do. Openinc,
Do. 5 per Cont. July, 1880
Do.
105
Oct. 1838 4 per Cent., 1.15} 111
Do. Certificates —
Do.. Enfaced Paper 4 per Cent 911
5 per Cent., Jan. 1872
0°• 5i 5
per Cent er Cent., May 1879 llO
130 R
Deb. 187.2 , up. ,
Do.
do. 1877 —
, Do,
', Deb do. 188/
105
Do*. B , 5 Per Cent., Aug. 1873
pm
DO '41'48, 4 per Cent. £l,OOO
. under £lOOO ' Pm
F°IILIGN" FINDS—_CLOSING-1 PRICES.
Ar contine Repubc, per Cent .
Au trian Bnds, s"per Gent 18d 9
Br tdlian 5 per Cent . .
41 per Cent, 18.; *****************
Do. do. 13-
,8 _
Do. do., 18 in
...... .
Do. do 1863
~
DO. 5 per Gent., 1865
Do Account 761 7
•• ........
B uenos Nyres 6 per Cent —
Do 2 per Cent. o u)a, Ger (Deferred 3 per Genf ;
p.
_
C ttlian 6 per Cent
_
Do. 41 per Cent
_
i
vo. 6 per Cont., B
92
Do., 1867
Do., 7 per ,Cent., 1866
De., Scrip £3
0 ~2 paid ...... ••••••••• -
1) wishnibia,n, 6 por
•Cent.
D ,unlt
3 p•tr Gent., 1825.--
_ .
-.)1.
Do ian Principalities, f Icr Cent
1...1
8 per Cent., 1867 77
3
....,
Eiluador New Consolidated, 1 per Cent