The Sun.
London, England, 1868-07-14 00:00:00

is thought, will show a small reduction of the debt. On
the Ist of July, however, about $33,000,000 in coin Will
have to be paid out of the Treasury, $28,000,000 of which
is interest on therMszT wentilli and Six pi- Cent. Bonds
of 1881, and $7,000,000 principal on the loan of 1848.
These expenditures will cause the next fiscal year to
begin with another large addition to the national indebt-
edness.

The conversion of 7-30 Treasury Notes into 5-20 Bonds
in June thus far amount to about $20,000,000 at the officn
of the Assistant-Treasurer hero. These conversionst
added to some $70,000,000 converted and purchased in
Hay, reduce the actual amount outstanding-, matured
and maturing, to about $73,000,000 balance, which will
be substantially disposed of this month or soon after, in-
terest on the last issue ceasing July 15.
On the 31st day of August, 1835, there were outstand-
ing short-time obligations of the United States as follows:
Temporary Loans 8107,148,173
Certificates of Indebtedness
Five per Cant. Legal Tender. Notes 33,954,230
Compoqnd Into -,,st Notes
Seven-Thirty Treasury Notes

--
..............

$1,273,219,563
This va;t amount of early maturing paper of the United
States lass than three years since confronted those in
charge of the public finances.
It has b3en reduced, though purchases from the monies
received from taxes, sales of gold, and by conversions into
fended debt, until it stands to-day substantially at the
amount: 7-30's (now in process of conversion) Bel
$73,000,000; 3 par Cent. Certificates, $50,000,000 ; com-
pound Interest Notes about $25,000,000; Certificates of
Indebtedness, eza., $1,001,000, making in all less than
$350,000,000 short-tine obligations—a reduction in less
than three years of eleven hundred and twenty-three
millions of dollars ($1,123,219,563) of this class of paper.
Gold is quiet, and has varied but slightly to-day, open"
ing and closing at 110-1.
The Gold Revenue of the United States derived from
Customs has been as below for the fiscal year ending
June 30th:—

1861 9102,316,153
1865 84,921,261
1866 179,046,652
1867 ... 176,427,811
1868 (estimated) ... 165,000,000
American silver is in moderato request at 61. to 74 cents
below the price of gold. Mexican dollars are nominal A
103+ to 1031 in gold.

Foreign Exchange is more active, although the business
continues small.

In State Stocks the transactions are heavy, and mall
of the better class are growing scarce.
The Bonds of the State of Kentucky, due July 6th,
1868, with coupons, will be paid on and after that date 11t
the Bank of America. No interest will be paid on said
bonds after the 6th day of July aforesaid.

NEW YORK R A.TE
June 21

iS OF EXCHANGE,
,6, 1868.

Sixty Days. Three DAV'
London Bankers
London, Prime Commercial lO9l-1094-
Paris, Bankers
Bremen, Bankers
Hamburgh, Bankers 36 -361 ....
Frankfort, 0.M.40+-418 ......
Berlin and Cologne
Antwerp 5.161-5.12/ ......
Amsterdam, Bankers
Swiss
The following for the New York City Bank Stocks :•-**
Merchants'
America
Butchers and Drovers 135 Broadway , 250
City
New York
Manhattan
Mechanics' 126 People's
Union
Phenix lOB/ Nassau lO5
114
Tradesmen's
Gallatin National
Merchants' Exchange 116 Continental
Seventh Ward
State of New York ... 116 Commonwealth
Commerce
Ocean
i
American Exchange l2l Fourth National . • 1051
Bank of the Republic... 120 Ninth National
Bank of North America 111 Park 155
Eleventh Ward ........ 105 Leather Manufacturers' 17006 Mercantile
98
Fulton • 160 Tenth National
102
First National 207 East River
New York County l4O Pacific lOO
Marine l5O Chatham 149
Grocers'
The following were the closing quotations for the
various Public Funds of the United States in New York • '
Sixes, 1868, registered - to -- ;
Sixes, 1868, coupon - to ---
Sixes, 1881, coupon ll7l to 118
U.S. 6s. Pacific Railload lO2l to 103
Five-twenties, 1862, coupon
Five-twenties, 1864, coupon
Five-twenties, 1865, coupon
Five-twenties, 1885, coupon, new
Five-twenties, 1867, coupon
Ten-forties, coupon
Seven-thirties, 2d series
Seven-thirties, 3d series
Oregon War Loan, Sixes, 1881
The following, in reference to the conversion of the‘.
Seven-Thirties, has been issued by the Secretary of t'
Treasury, under date of June 22, 1868 :-
Holders of Seven-Thirty Notes who desire to avail the
selves of their rights to convert the same into F;a'
D 6
Twenty Bands are hereby notified that the notes must
or
presented at the Treasury Department at Washingtootigt
at the office of the Assistant Treasurer of the Ifni
State, at New York, as follows :
The notes that matured on the 15th June must be p 5,
sented on or before the 15th of July. The notes that ..
come due on the 15th of July must be presented on aro
fore the Ist day of August. The bonds to be issueaid
exchange for the notes will bear interest from the Ist
,uu,
of July, 1868, and the interest on the notes will be ca,167
lated accordingly. The bonds will be of the issue of t 0
or 1868, as may be preferred,• and they will be issued
the order in which the notes are presented.
H. M‘CuLLoctr, Secretary of the TreasurY69
By telegram from San Francisco, dated June 25, 18
we have the following quotations :-
Gould and Curry ... ... •••
Savage ••• ••• ••• •••
Chollar-Potosi ••• .6" "'Ophir
••• ••• ••• •••
Hale and Narcross ... ... •••
Crown Point
... ". ".
Yellow Jacket ... ... •-•
Belcher ••• ••• ••• ••
Alpha ... ... ... ... -
Kentucky ... ... ...
Bullion
••• ••• •••
Overman
••• ••• •••
Empire Mill ... ... ...
Imperial . ". •••
Confidence ... ... ...
Amader ••• ••• •••
Exchequer ... ... ...
Quartz Hill ... ... ..
Lady Byron ... .. .
The following were the c/
for the Railroad and Miscellf
N. Y. Central l34j
Erie
Hudson
Reading
Mich. South. & N.
Illinois Central
Cleveland & Pittsbrg 9O;
North-West
North-West Preferred 79j
Canton..
Rock Island
Cleveland and Toledo 103

... 5405 per 0

3,155

... .230 n

,„ 2,065 II
2,096 It

~ 1,090 ,7

47 71

377 If

... ... 7/

~. ~. ,1

..• oh,roo
. 122 i)r

••• ••• ••• 1,

... ... ..• 77

... •11 • ... l.

sing quotations this even

Loons Stocks : 101
IFort Wayne ............ 01
Pacific Mail ....... ....... ;31
Atlantic Mail ............ 04.1
Quicksilver .............
W. U. Telegraph ......
Mariposa Preferred 30i
Ohio and Mississippi... 13
Boston Water Power... 0
Cumberland ..............
Bankers and Brokers... 64'
St. Paul .................. 7/
St. Paul Preferred

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