The Sun.
London, England, 1868-06-30 00:00:00

MONEY MARTiET

AND

COMMERCIAL INTICIALWENCE,

CITY, Two O'CLOCK.

The English Funds are supported at the previous
prices by the favourable tendency of corn, the large
exports of gold, and the almost daily purchases of
bullion by the Bank of England. The temporary
activity in money is producing no corresponding effect,
but otherwise the markets are not more than quietly
steady. Foreign stocks fluctuate now one way and
now another, but the result is not a further advance.
Railways and most shares showing an unsettled and
downward tendency, chiefly arising from the prospects
of the dividends.

The Discount Market is firm, and supplies are
shorter. The lowest rate is 1 per cent., and a good
business is being done at 2 per cent. In the Stock
Exchange the settlement has given rise to a good
business, this being settling-day.
The Oneida is at Lisbon with £32,000 in specie
from the Brazils. _

The Funds are steady at last night's close. Consols
are quoted at 94a to 942- for money, and 94i to 94/
for account. New and Reduced Three per Cents.,
94/ to 94i ; India Five per Cents., 110- to 115 ;
Bank Stock, 240 to 243 ; Exchequer Bills, 15s to 20s
prem.
In the Securities of Foreign Governments Egyptian
Bonds are alone quoted higher, at 82 to 83, the ad-
, stance is / per cent. ; Viceroy's Loan is steady at 74
to 74/ ; Italian are / lower, at 54 to 54k, and
Turkish (1865) are flat,s at 39k to 39/ ; Mexican re-
main steady, at 15/ to 16/ • Greek, 13k to 131 ; New
'anish, 36k to 36k ex div. ; and Peruvian (1865),
to 84k.
a Co!onial Government the dealings are re-
aictecl, and prices are without change. Canada 6
per Cent. is enquired for, at 104 to 105 ; ditto 5 per
Cent., 92 to 94 ; Mauritius 6 per Cent., 105 to 107 ;
New South Wales 5 per Cent., 100 to 102 ; New
Zealand 6 per Cent., 110 to 112 ; Queensland 6 per
Cent., 108/ to 109/ ; Victoria 6 per Cent., 114 to
116. _ .

In American Securities United States' Five-Twenty
Bonds are arm, at 73k to 73i ; Erie shares show a
relapse of at 45i to 46i ; and Illinois, f, at 101 to
102.

English railways are quiet, and with few excep-
tions the tendency is unfavourable. Great Northern
are 2 lower, at 7..01- to 1021 ; Great Western, fat
48i to 49j; and Midland, at 1041 to 1041 ; Brighton,
at 501 to 51i ; and Chatham, at 18/ to 19I!, are
lower. Lancashire and Yorkshire are supported at
1271 to 128 ; South Eastern, 72i- to 73i ; London
and North Western, 1131 to 114 k ; Great Northern
A, 95i to 96,k ; Great Eastern, 354 to 351 ; Sheffield,
41 to 41i ; Metropolitan, 1091 to 110 k ; and Cale-
donian, 70 to 71.
Foreign Railway shares are without change. Lom-
bardo-Venetian is quoted, at 1515 to 151 ; Great
Luxemburg, )2/ to 12g.
In Bank Shares the only movement is a recovery
of in London and County, which is inquired for at
494 to 504 ; London and Westminster is quoted at
701 to 702 ; ditto, New, 47k to 472; London Joint
Stock, 33 to 34 ; Oriental, 424 to 44 ; Union of
London, 33 to 34 ; Imperial Ottoman, 1 to 1g prem.:
lBlmperial, to 19 ; Consolidated, 4g.- to 47 ; Char-
tered Mercantile, 28 to 294 ; Anglo-Austrian, 52 tc
6.1- prem. ; Alliance 11 s to 10i dis. ; and Agra (A),
111 to 12.

Foreign Mining Shares are dull, at previous prices,
St. John del Rey is marked at 18 to 19 ; Port Philip,
1i to 11 ; Chontales, 1 to 2 ; Rossa Grande, gto k.
Miscellaneous Securities are without feature, and
prices are without movement. Anglo-American Tele-
graph is quoted at 21fi to 21i ; Atlantic Telegraph 8
per Cent., 4/ to 4:4 ; Fore-street Warehouse, dis.
to par ; Hudson's Bay steady, at 15g. to 15R-; London
General Omnibus, 2k to 2g.
By telegram received this morning from Lisbon we
learn that the produ e of the Don Pedro North del
Rey mines to 2nd June was 20,020 oitavas,. and the
estimated yield for May is 21,200 oitavas.
The half-yearly meeting of the London and Green-
wich Railway has been convened for the 14th July,
when a dividend upon the original stock of the Com-
pany of 5s 5d per share, free of income-tax, will be
recommended.

The Board of Trade returns for this month and five
months ending 31st May, were issued this morning.
The total declared value of British exports in May
were slightly larger than iu the previous month, but.
compared with the corresponding period last year, the
falling off in our export trade is very striking, exceed-
ing a million and a quarter sterling, or nearly 9
per cent. The amounts are as follows:
Month. Five months.
1868
1867
1366 . 15,870,131
At the Bank yesterday £27,000 iu bar gold was
sent in.

The Champion of the Seas has brought £87,000 in
specie from Melbourne, which will probably be sent
into the Bank.

The sum of £7OB Os 2d has been received on account
of Ecuador dividends. _ _

The half-yearly meeting of the United Discount
Corporation is called for the 17th July.
Thursday is appointed by the Stock Exchange Coni-
nittee a special settling-day in the Four per Cent.
Debenture Stock of the Great Indian Railway Com-
pany, which is to be officially quoted.
The half-yearly meeting of the Bank of New
South Wales was held at Sydney on the 29th of April
last. The report showed the divisible profits for the
half-year ending the 31st March to amount to
£79,495. A dividend at the rate'of 15 per cent. per
annum, which absorbed £75,000 was declared, and
the balance carried forward to the new account. The
dividend on the shares on the London register will be
Payable on and after the 2nd July.
The half-yearly meeting of the Bank of New
Zealand was held in Auckland on the 29th April last,-
when the report of the directors was unanimously
adopted. The total profits for division to the 21st
March amounted to £45,542, and a dividend was
declared at the usual rate of 10 per cent., and a
bonus of 5s per share, equal to 15 per cent. per
annum. This amounted to £37,500, leaving £8,042
to be carried to the new profit and loss account. The
dividend on the shares ou the London register is pay-
able on the 3d July.
The traffic receipts of the Great Central of Belgium
Railway for the fourteen days ending June 3, shows
an increase of £5,452 as compared with the corre-
sponding week of 1867, and the Buenos Ayres and
Great Southern Railway for the week ending May 3,
an increase of £l2O.

The West Wisconsin Railway Company are in the
London money market for an issue of 7 per Cent.
Bonds at the price of 70 per cent., making the net
return equal to about ]0 per cent. The London and
County Bank receive subscriptions, and the instal-
ments, which include 10 per cent. on application and
20 per cent. on allotment, extend to January next
year. The dividend is payable half-yearly in London.
The railway, which is in part constructed, will form
a valuable connection between the railroad system of
the north-west of America and the lines which
diverge south and east of the Atlantic seaboard,
besides opening up the highly fertile State of Wis-
consin.
The corn markets of France have been declining
during the last few days through the continuance of
fine weather, and uniformly favourable accounts of
the progress of the harvest. As a consequence the
markets are more fully supplied, and prices have lost
a great portion of the firmness which they had re-
covered. At Marseilles on June 26, business was
quiet, but prices were steady ; nor was any alteration
established at Bordeaux, Nantes, or Strasbourg. At
Havre, on Saturday, 2,546 sacks of red American
spring corn, shipped at Milwaukie, were sold before
landing at 38fr. the 100 kilogrammes for cash.
The meeting of shareholders of John Brown and
Co. (Limited), held at Sheffield yesterday, adopted
the report unanimously, and declared their satisfaction
at the management, condition, and prospects of the
Company,

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 per Cent. Consols
Ditto for Accpunt, July 9
3 per Cent. Reduced 941 -1. 1
New 3 per Cent
New 21 per Cent. Jan. 1894
Do. 5 per Cent.. ',an. 1873
Aunuities, 50 yrs, expire sth Jan., 1860 —
Do. for SO yrs, expire sth April 1885 —
Do (Red Sea Telek,raph), Aug., 1908 —
Exc li oiu or Bills, £l,OOO, 2 per Ct —
Do. £5OO
Do. £lOO Jr £2OO
B Luk of England Stock. 4i For Cent 240 2 40
Do. Account
INDIA.N .310VERNMENT SECURITIES.
I Ala `:r.ock, 101 per Cent., April 1874
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enfaced Paper 4 per Cent 9lf
Do. 5 per Cent., Jan. 1872
ho. 51 per Cent., May 1879
Do 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877
_ Do. do. 1887....

R.,. Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cent., £l,OOO
Do. under £1.000
FOREIGN FITNDS—CLOSING PRICES.
A.r_;oLlGlllt, i{t.I.:1:10, f: 1)01- Ut,i'l . -
A. uitrittu Bonds, 5 per Ceut: 1859
13r-ii.ilian a per Cent — xd
Da. 4} per Cent., 1852 —
Do. do. IEB —
Lo. do., 1810 —
130. do., 1863 —