The Sun.
London, England, 1868-07-22 00:00:00

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AND

f‘iOMMEIZCIAL

CITY, Two O'CLOCK.
The Stock Markets are tolerably firm, though no
. particular change can be quoted. The funds are
rather strong at the improved price of yesterday, and
a slight advance has been established in Bank and
Indian Stocks. One feature in the Foreign Railway
Market is a further improvement in Atlantic and Great
Western Bonds and Debentures upon the favourable
reception by holders of the amended proposals and the
termination of litigation. The general foreign market is
somewhat dull in sympathy with a fall in Spanish
caused by the apparently nnsettlel political state of
the country. British Railways are firm, with an im-
provement in South Eastern. The accounts of the
crops from the Continent are exceedingly favourable.
The rates for money are unchanged, and the mar-
ket is extremely languid. There is in fact an entire
absence of demand.
The Funds are steady. Consols are 94 to 941 for
money, and account 94;1 to 94k ; New and Reduced,
94% to 941 ; Bank Stock, 244 to 247 ; India Five per
Cents., 115 to 115 f ; Exchequer Bills, 16s. to 20s.
prem.
Foreign stocks are rather heavy, in sympathy with
a fall of f per cent. in New Spanish, which now stand
at 35 to 351. Mexican Bonds are 151 to 151 ;
Greek, • 131 to 14 ; Italian, 53 to 534 ; Turkish,
404 to 401 ; Egyptian Scrip, par to k prem. ; ditto,
1864, 821 to 831 ; Viceroy's Seven per Cents., 711
to 721 ; and the Nine per Cents., 87f to 88i.
llonduras is 81i to 82.
American Securities are firmer, with the exception
of Illinois, which are f lower, at 96. Erie have
advanced to 43, and the 5-20 Bonds k to 72k.
Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 961 to 961.
Atlantic and Great Western Railway Debentures
are firm, at 381 to 39/, and the Consolidated Mortgage
Bonds at 381 to 394.
English Railways are better. South Eastern are
1 better, at 75, and Chatham f, at 192, upon the
result of the bill in the Lords last night ; Great Eastern
are also firmer at 38 44 38f ' • and Gnat Northern, at
103 to 104. Lancashire and Yorkshire have declined
-, at 1291 to 130 ; and Metropolitan k, at 1121 to
113. Midland are 1031 to 1044 ; London and
North Western, 1141 to 115 k; Great Northern
A, 97 to 94 ; Great Western, 481 to 49 ;
Brighton, 53.1 to 541; Sheffield, 41 to 41f ; and
Caledonian, 73 to 73k.
In Colonial Government Securities there is but
little doing. Canadian 6 per Cents. are 102 to
104 ; ditto, 5 per Cents. 90 to 92. Mauritius 6 per
Cents. 103 to 105 ; New South Wales 5 per Cents.,
99 to 101 ; New Zealand 6 per Cents., 110 to 112 ;
Queensland 6 per Cents., 105 i to ; and Victoria
per Cents., 112 to 114.
In Bank shares there is a decline of lOs in Impe-
rial, at 17 to 18, and in London and Westminster at
• 70 to 71. Chartered Mercantile, on the other hand,
rose 10s. " Alliance, 10 to 9 dis. ; Consolidated, 41
to 41 ; Imperial Ottoman, 1 to lf prem. ; London
and County, 52 to 53 ; London Joint-Stoc, 34 tc
35 ; and Union of London, 35f to 36k.
London Financial shares are 10e lower, at 21 dis.;
International, 1 to 14 dis. ; General Credit, 2f to lk
dis. ; Credit Foncier, 21. to 21; and National Discount,
111 to 124.
Mining Shares are without quotable change. Rossa
Grande, g- to -1. prem. ; St. John del Rey, 181 to
19k ; Port Philip, 11 to 12 ; and Chontales 1k to 2k.
West Wisconsin Bonds are quoted at 1 to 14 Prem.
The Australasian Agricultural Company recom-
mends a dividend of lOs per share.
The directors of the East London Bank have de-
clared a dividend for the past half-year at the rate of
5 per cent per annum. At the next general meeting
it will be proposed to chsosge the name to that of
"The London Bank," and to reduce the capital.
The Leeds Exchange and Discount Bank have de-
clared a dividend at the rate of 6 per cent. per annum.
At the Bank yesterday £7,000 in gold coin were
withdrawn for the Brazils.
The Syrian has arrived with £2,600 in speck
from Alexandria.
The City of Baltimore has arrived with £132,001;
in specie from New York.
The half-yearly meeting of the London and County
Bank is called for the 6th of August.
The new French Loan is expected to be introducer;
On the 15th August.
The directors of the London Financial Association
have issued their report. The liabilities are
£256,000, and cash balance £15,200. All shares
held in other companies are now fully paid up,
and many of these undertakings have attained a
sounder basis, the property of the association will
improve each successive half-year. Two hundred and
seventy-one of the forfeited shares have been rein-
stated. The directors have come to the conclusion
not to hold out a prospect of transacting new business.
Practically the association has merged into au invest-
ment company.
A meeting of the Metropolitan Railway is called fo•
the sth of August, which is to " be made special for
the purpose of raising, under the powers of Tits
Metropolitan Railway (Additional Powers) Act, 1866,'
such further sums of money as may theme deter-
mined upon by the creation and issue of new shares,
4,nd for the purpose of ordering the borrowing upon
mortgage a further sum or sums of money not exceed
lag in the whole an amount equal to one-third of the
amount raised by the creation and issue of such new
shares, also for the purpose of authorising, under ribs
provisions of `The Metropolitan Railway Act, 1867,
the creation and issue of debenture stock in lieu of
the exercise of the powers of borrowing upon zpnrt-
gag6."

The Bahia Steam Navigation Company have called
their half-yearly meeting for the 30th inst.
The traffic receipts of the Great Luxembourg Rail-
Way for the week ending the 19th inst. shows an
increase of £1,974 7s sd, the total being £8,261
38 Bd.
The Illinois Railroad receipts for June showed an
increase of £9,352.
The Metropolitan Railway increase last week was
£502.
The Don Pedro North del Rey Mining Company
Propose to pay a dividend of 3s per share for the
current quarter.
The following is Mr. Sam Mendel's report, dated
Manchester 21st July :—" The market is weaker
since the 14th inst., with lower prices and somewhat
snore pressure on the part of spinners and manufac-
turers to make sales."
The directors of the St. John del Rey Mining
Company (Limited) have received the following report,
dated Morro Velho, 16th June :—" Morro Velho
produce for May, 12173 oitavas from 5,349 tons ore ;
yield, 2,686 oitavas per ton ; Morro Velho cost for
May, £5,362 ; loss for May, £659 ; Morro Velho
produce eleven days of June, 4,287 oitavas ; yield,
2,279 oitavas per ton. Gaia produce for May, 1,419
waves from 719 tons stone ; yield, 1,9?2 oitavas pee
ton Gaia working. cost for May, £463 ; Gaia profit
for May, •
£B4 ; Gala produce eleven days June, 700
?itavas from 2%) tons stone ; yield, 2,602 oitavas pet
‘042)

BRITISH FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
8 per Cent. Consols 94f I f
Ditto for Account, Aug. 6 ... 941 I
3 per Cent. Reduced 99 i 1
Ne- -1,- a

-. evr 3 per Cent
New 21 per Cont. Jan. 1894
Do. 5 per Cent.. d an. 187 3
A.anuities, .30 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 l2 11-16
Do (Red Sea Televaph), Aug, 1908., —
Exchequer Bills, £l,OOO, 2 per Ot — 1
Do. £5OO
Do. £lOO & £2OO l6
Bank of England Stock, 41par Cent
Do. Account
INDIAN GOVERNMENT SECURITIES.
India Stock, 10} per Cent., April 1874
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do, 4 per Cent., Oct. 1888
Do. Certificates lOll
Do. Enfaced Pape. ‘i per Cent —
Do. 5 per Cent., Jan. 1872
Do. 5} per Cent., May 1879
Do, 5 per Cent., Rup, Deb. 1872
Do. do. 1877 —
Do. do. 1882 • —
IX. Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cent., £l,000
Do. under .£l,OOO
•• pin
FOREIGN FUNDS—TWO CLOCK.
Argentine Repubc, 6 per Cent... .
Auitrian Bonds, 5 per Cent. 1859
Brlzilian 5 per Cent
Do.4j. per Cent., 1852 —
do. 1858
Do. do., 13:n
Do. do., 1863 661
DO. 5 por Cent., 1865 —
.„ Uo Account 77}
46 t:enos Tyros 6 per Cent
, Do 261er e Cent.
Cent (Deferred 3 per Cent.
C .dian 6 iier Cent —
Do. 41 per Cent
Uo. ti per Cent., B
Do• 1867
1:10., 7 per Cent. 1866
f, Do., , , Scrip £32 paid
`,. ' nibian 6 per Cent. -
1..)1" mish., 3 ti.3r Cent., 1825
a übtan Principalities, ipm Cent 751
le Do 8 per Cent
Co., 1867
blllador New nsolidated, 1 p,•-•r Cent —
..Byptian, 7 per Cent •••
00. Secoed Issue .. ... 81
Po. 4'500 Bonds
'441 4.10 C Bonds —
Do. 1861
b., Do. Account
',.;10. £5OO Bonds B4
"o• .£lOO Bonds 4.... Qo 861
Perntl:ollt RAilvfav ihbenturea ..,.. --