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

KONE/ MARTiEf

AND

COMMERCIAL INTELLTOBNCE,

CITY, Two O'CLOCK.
A timer and more animated business is being trans-
acted in stocks and shares, and quotations nave an
upward tendency. The English Funds, stimutated
by the increasing supplies of money, arc 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 large companies
and the expected reduction in dividends cannot help
(sting this market for some time to come.
the Discount Market is easier on a steady increase
in the supply of money, but the minimum is still 1/
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., 94iz ;
to 941 ; Bank Stock, 240 to
243 ; Exchequer Bills, 15s to 20s prem. lndia
Five per Cents. Quiet at 11.4 to 113.
Colonial Government Securities are steady, the
only movement being an improvement of -•1! 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 to
104 ; New Zealand 6 per Cent., 105} to 106} ;
Queensland 6 per Cent., 10512 to 1061 ; Victoria 6
tier 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 1 per cent., to 521.
Mexican Bonds are 154 to 164 ; Greek, 131 to 132 ;
New Spanish, 361 to 361 ; Turkish, 39i to 39.- ;
Chilian Six per Cents., 102 to 104 ; Portuguese, 39/
to 391 ex div. ; Egyptian (1864), 81 to 83 ; Peru-
yiiin (1865), 781 to 791 ex div. ; and Honduras par
to 1 prem.
In American Securities United States Five-Twenty
Bonds are dull at 724 to 73k, being a decline of 1 ;
Erie shares are / better, at 4.5 i to 46k ; while Illinois
are lower, at 101 to 102.
Atlantic and Great Western Railway Debentures
are 28 to 29 ; and the Consolidated Mortgage Bonus,
331 to 331. ..
Great Indian Peninsula Railway New Four
per Cent. Debenture Stock is 96 to 97.
Foreign Railway Shares are quiet. Lombardo-
Venetian is 1 better, at 15R- to 151 ; Great Luxem-
bourg, 11 13-16 to 11 15-16.
English Railway Shares are fiat, and in several
instances prices show a reduction. Great Northern is
/ lower, at 1011 to 1021 ; Manchester, Sheffield, and
Lincolnshire, at 41 to 41i ; and a decline of lis
established in Midland, at 1041 to 1051 ; South
Eastern, at 73 to 73i ; Caledonian, at 71 to 71i ;
and London, Chatham, and Dover, at 19 to 191- ; and
in Great Northern A, at 941 to 95 ; and Great
Western, at 49 to 49k ; Lancashire and Yorkshire is
unaltered 127 k to 128/ ; London and North Western,
1131 to 114 ; Great Eastern, 351 to 36 ; Metropoli-
tan, 110/ to 111/.
There is no fresh change in Bank Shares, but the
market is quiet. Agra shares are quoted 11 to 12 ;
Alliance 11.1 to 10i- ; Anglo-Austrian, 41 to 51 ;
Chartered Mercantile, 28 to 29 ex div. ; Consolidated,
41 to 4 ; Imperial, 18 to 19 ; Imperial Ottoman,
to 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
to 3k ; General Credit, 2i to 2/ ; International,
to ifs 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, 1 to 11; Chontales, 14 to 21; Rossa Grande,
to 4t
- 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, 331 to 331.
The traffic return of the London and North' estern
Railway for the week ending June 28 shows a decrease
of £5,223 ; the Madras Railway for the week ending
ay 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 West Indies with
£6,000 in specie, of which £5,000 is silver coin.
• The biddings for £200,000 in bills on Calcutta and
Madras, held yesterday, showed a slight increase in
the demand. The amounts allotted were—to Cal-
cutta, £185,900: and to Madras, £14,100. The
minimum price was fixed at Is 10Isd. n both presi-
fieneies. Tenders at is 104c1 will recoeive about 47
per sent.
The proposed dividend of the London and 'West-
minster Bank for the past half year is at the rate of
24 per cent. per annum,
per annum in 1867, comparing with 32 per cent.
1, The East London Railway invite subscriptions for
'4'4600 6 per cent. debentures, redeemable in two
gill be tirlll. nes feissue is made at par, and the security
ruble by endorsement without stamp.
Mlle tine is 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.
Making 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.
'United States 5-20's of 1862 leave off 73 to 731, and
1865's 72 to 721 ; Illinois, 1011 to 1012 ; 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, 3.31 to
331 ; 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. limit and King's
circular, " the aggregate yield of the crops will be very
small, even less than last year ; prices open higher
fully 15 per cent., and above 60s has been paid for
best organzine."
The London freight market during the month of
June is reported by Mr. Alfred Brett to have been
fairly active. Time charters are scarce, and rates with-
out improvement, except for steamers of moderate
size, for which more inquiry has taken Jalace,
several transactions are recorded at very fair rates.and
The arrivals of grain at AI irseilles 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 The half-yearly meeting of the proprietors of the
ast and West India Dock Company has been called
for the 10th inst.

InUTIIII YCIIIDS—T WO O'CLOCK.
GOVERNMENT FUNDS.
1 1
3 per Cent. Consols
Ditto for Account, July 9
3 per Cont. Reduced New 941 -1 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cent.., an. 1873
Annuities, 80 vrs, expire sth Jan., 1880 - Do. for 30 yra, expire sth April 1885 l2i
E (Red Sea Tele),raph), Aug., 1908 —
Do. xeioluer Bills, £l,OOO, 2 per Ot
I 6 19 pm
Do.
£5OO
17
Bank of England Stock, 41 per Cent 240 77
Do. Account
INDIAN GOVERNMENT SECURITIES.
India 7 rock, 101 per Cent., AprillB74 ...
..,0,0. opening
212
.
D 5 per Uent..fulv, 1880
Do. 4 per Cent., Oct. 1888
105
Do, Certificates
Do. Enfaeed Paper 4 per Cent 9l
i io. 5 per Cent., Jan. 1872
Do. Si per Cent., May 1879
Do Doer Cent., Rup. Deb. 1872 —
Do
do. 1877 — .
do. 1882 —
1,1,,-• Deb., 5 per Cent Aug. 1873
Do. -13
~
Pm
I)0•
. °ads, per Cent., £l,OOO
0. under 41,000
pm
ArgentineOßElGN FUNDS—TWO CLOCK.
utrianßoneldmell'e' 6 or Cent
13r L.:Wan 5 per 62
_ xd
,(2511-171 Cent. 1859
(-)J. li per Cont., 1852 _
Do. do. 18:8 _
Do. du. 18;8
_
Do. do.,
661
~ 1863
DO. 5 per Cent., 1865
Do Account...... .
B i:enos 'lyres 6 p.t; Ce;17........
Do 2 per Cont. (Deferred 3 per Cent.)
Cusa, 6per Cent.
04dian 6 per Cen
Do. 4i per Cent
t
Do. 6 per Cent 13
Do., 1867 .1
921
Do., 7 per ,Cent., 1866 Do., Scrip ..£32 paid ... -r.
0 .. tubian, 6 p.n. Cent.
D tnistt 3p Jr Cent., 1825
D tnultitn Principalities, i
pr Cent 721
Do 8 per Cent., 1867
77
KinadOr New Consolidated, 1 per Cent. --
5.