The Sun.
London, England, 1868-05-28 00:00:00

cent., but anything below No. 1, especially, if long
dated, can with difficulty be passed at any price.
Among the failures this week we notice that of
11. J. Messenger, banker and broker, 23, Nassau-
street, but his stoppage created very little atten-
tion. He was the proprietor of several small State
banks, and also had considerate private deposits
from out-of-town parties. Mr. Messenger is now
settling his affairs by composition at the rate of 75
cent. to the dollar (prompt cash or short paper),
on his liabilities.

Gold is firm, and opened to-day at 139 a, thence
falling to 139 k, with a quick rise to 139,1, and closes
at that price. _ _

American silver is in moderate demand at 6 to 7
cents below the price of gold. Mexican dollars are
still quoted at 1031 to 1034 in gold.
For Foreign Exchange the demand is limited,
and good bankers' sight bills have been offered to-
day at 1101.
Railroad Stocks show more activity, especially in
some of the clique stocks, prominent among which
is New York Central, on which it is reported that
a stock and cash dividend will be declared to-
morrow.

In miscellaneous sthcks the principal business has
been in Quicksilver, Pacific Mail, and Canton, an
of which are higher.
Mining stocks continue very dull, and the few
transactions show lower prices.
Petroleum stocks are not pressed for sale, and the
principal business has been in United States and
Sherman and Barnsdall at the quotations.

(From Satterthwaite and Co.'s Weekly Circular.)
. LONDON, May 20, 1868.

. _
We have had a very inactive market in American
securities ou the London Stock Exchange during
the past week. The unsettled aspect of political
affairs in New York with regard to the impeach-
ment has induced shipments of United States 5-20's
to this side, but they have again been bought on
continental account, and the closing price, 711 to,
shows an advance of per cent. The 1865 Bonds
have also improved to 701 to Erie Shares are
lower in sympathy with the New York market, but
Illinois Central Shares have improved per cent.,
leaving off 951 to 4. Atlantic and Great Western
Consolidated Bonds and Debentures have been more
offered, but the Divisional Bonds are steady at for-
mer quotations.

(From Messrs. L. P. Morton and Co.'s Circular.)
NEW YORK, May 9, 1868.

_ .
Since our last advices monetary affairs have assumed
an easier aspect; funds have returned freely from the in-
terior to the City banks, and, notwithstanding that the
Treasury increased its currency 69,000,000 during April,
call loans are easy at 6 to 7 per cent., with a tendency to-
ward lower rates. In the general aspect of business there
is no change. Trade is conducted with a ;conservative
spirit, and while lacking buoyancy is perhaps less than
usual exposed to risks. Thus far, the reports respecting
the growing crops are almost universally favourable, the
amount of land under grain having been increased and
the condition being promising.
United States Securities are unusually firm, quotations
being higher than at this date of any previous year. The
.purchase of Seven-Thirty Treasury Notes by the Govern-
ment, without a proportionate issue of new obligations,
has perhaps contributed materially to this condition of the
market; and the buying on foreign account, in return for
May coupons, has also had its influence. It will be seen
from the accompanying statement, that the net total of the
public debt was reduced during April $18,680,859. It is
to be .anticipated, however, that owing to the large inte-
rest disbursements of May the next return will show an
increase in the total.
The Stock Market lacks interest alike for investors and
speculators. At present most of the railroad stocks are
under the control of combinations; and the shares being
thus prevented from finding their natural value, there is
at present a disposition to postpone operations. With the
prospect of protracted ease in money, it is not improbable,
however, .that this condition of things may be prolonged.
The Gold Premium continues comparatively steady. As
usual, at this period, there is an suave export of specie,
and the demand for that purpose counteract§ the effect of
the large coin disbursements of the Treasury due on the
Ist inst. The impeachment trial has, at present, little
effect upon the premium; for, in the first place, the issue
is involved in much uncertainty ; and next, there is much
diversity of opinion as to what may l the effect of either
conviction or acquittal.
There is an active demand for Foreign Bills in connec-
tion with remittances against coupons; otherwise, trans-
actions are limited. Rates rule at figures admitting of
shipments of specie. We quote—BanKers' 60 days' ster-
ling, 1101. to 110+ ; do., sight, 110+ to 1101,; bills on Paris,
GO days, 5.12; ; do. sight, 5.10.

LATEST PRICES OF SILVER MINING STOCKS
AT SAN FRANCISCO.
• By telegram from San Francisco, datel May 4, 1868,
we have the following quotations:—
Gould and Curry ...
Savage
Cnollar-Potosr
Ophir
Hale and Narcross
Crown Point
Yellow Jacket
Belcher
Alpha
Kentucky ...
Bullion ~.
Overman ...
Empire Mill
Imperial
Confidence ...
Amader
Exchequer
Quartz Hill
Lady Byron

... $550 per foo
... 3,183 „

... '248
▪ 185 „
... 2,000 „
... 2050 „
• 1,420 „
• 335 „

... 247 pr share.

THE PUBLIC DEBT OF THE UNITED STATES.
(Secretary M'Culloch's Monthly Statements.)
The following is the official statement of the public
debt of the United States on the Ist of May, 1858 : -
DEBT BEARING COIN INTEREST.
5 per Cent. Bonds 5215,974,400 00
6 per Cent. Bonds of 1867 and 1868
6 per Cent. Bonds of 1881 283,677,200 00
6 per Cent. 5-20 Bonds 1,442,00,450 00
Navy pension fund 13,000,000 00

Total 51,963,378,291 00
DEB r BEARING CURRENCY INTEREST.
Six por Cent Bonds
Three-year Compound Interest Notes
Three-year 7-30 Notes 163,490,250 00
Three per Cent Certificates 28,330,000 00

Total 5260,375,930 00
MATURED DEBT NOT PRESENTED FOR PAYMENT.
Three-year Seven-thirty Notes, due
Aug. 15, 1867
Compound Interest Notes matured June
10, July 15, Aug. 15, and Oct. 15, and
Dec. 15, 1867
Bonds of Texas Indemnity
Treasury Notes, Acts July 17, 1861, and
prior thereto
Bonds of April 15, 1842
Treasury Notes, March 3, 1867
Temporary Loau
Certificates of Indebtedness lB,OOO 00

$1,075,950 01

4,745,280 00
256,000 00

Total 57,905,283 00
DEBT BEARING NO INTEREST.
United States Notes 5356,144,727 00
Fractional Currency 32,450,489 00
Gold Certificates of Deposit

Total
Total debt 52,639,612,622 00
AMOUNT IN TREASUItY
$106,909,658 00
32,174,136 00

Coin
Currency

Total
Amount of debt, less cash in Treasury $2,500,528,827 00
The foregoing is a correct statement of the Public Debt,
as appears from the books and Treasurer's returns in the
department on the Ist of May, 1868.
Hum APOuLLocli, Secretary of the Treasury.

THE FOREIGN TRADE OF THE UNITED STATES.
The director of the Bureau of Statistics has published,
with unusual punctuality, the tables of the foreign trade
of the United States, for the month of February, being the
eighth month of the current fiscal year. We are thus
enabled to bring forward our general analysis from July
1, 1867, to February 29, 1868 :
FOREIGN TRADE OF UNITED STATES -EIGHT MONTHS.
Imported. Paying duty. Free of duty. Total.
July
August 31,905,788 2,595,507 34,501,295
September
October
November
December 19,022,530 , 2,161,636 21,184,166
January

Total 7 months $183,965,313 $16,124,541. $200,089,884
February

Total 8 months $208,853,536 $17,616,741 $226,472,277
Less foreign sold and silver $7,308,787
Less dutiable goods re-ex-
exported
Less free gold re-exported

8,205,903
554)386 16,069,076

Leavirg for U.S. markets ...
In bond, June 30, 1867.........
In bond, February 29, 18.)8...

$210,403,200
45,170,180
39,224,973 5,845,207

Total taken for home markets 5216,218,407
SPECIE MOVEMENT-JULY 1 TO FEBRUARY 29.
Exported from New York $38,759,936.
Pacific and other outports ... 14,371,747 *553,131,683
Less foreign specie imported 7,308,787

Net out of specie, eight months
* Of which $5,960,165 foreign specie.
DOMESTIC PRODUCE MOVEMENT-EIGHT MONTHS.
July
August
September
October • 28,119,989 February 30,720,903

Total values, chiefly currency $229,249,977
Reduced to Gull, Atlantic ports, at 140 $155,536,000
Gold values from Pacific ports, estimated
Total gold value
Add net outgo of specie, as above 45,822,896

Total Domestic produce and specie outw'd $212,851,896
Against foreign goods for home market

Apparent balance against United States ... $3,389,5
UNITED STATES' END:MTS.—During the month
January in the current year the total value of gold and
silver exported from the United States amounted to
$7,287,767, or an increase of $3,436,235 as compared
with the corresponding month of last year. There were
exported of provisions-2,663,8181 b. of beef, 97,8211 b.
of butter, 1,447,9361 b. of cheese, 10,730,2031 b. of barns
and bacon, 7,619,2291 b. of ' lard, and 2,906,2291 b. of