The Sun.
London, England, 1868-08-28 00:00:00

XONEY -11ARIKET

AND
COMMERCIAL INTELLIGENCE,

CITY, Two o'CLocK.
An increase of strength is shown by the return of
the Bank of England in respect both to the Bullion and
the Reserve, while the Circulation has fallen off. These
chano ,es indicate a tendency of money to return to the
Bank, notwithstanding that the ingathering of the
crops, the absence of tourists, and the preparations
for the elections, are each holding the process in check.
The main cause, however, is the falling off in business
Shown by the diminution of nearly £600,000 in the
private securities. On the other hand, mercantile re-
quirements apparently have caused a large withdrawal
of private deposits, thus affording some explanation
of the steadiness of the rates in the open markets for
discount and advances. The bullion is expected in
the present state of the foreign exchanges to further
increase is the ensuing week. Meanwhile, the fol-
lowing are the principal changes in the position of the
bank compared with last week :
D ease in Circulation
lnerease in Public, Deposits
D crease in other Deposits
No change in amount of Government Securities.
Decrease In other Securities
Increase in Bullion
Decrease in Rest
Increase irr Reserve I
Bullion in both Departments ......
Reserve of Notes and Coin
Circulation, inoiuding Bank Post Bills 24,458,588
The return of paid clearing for the week ending
ro Zednesday, August 26, as certified by Mr. J. C.
cock, deputy-inspector, is as follows :
Aug. 20, Thursday ••• .e 7,994,000
Aug. 21, Friday ... ••• A.
...
ug. 22, Saturday 9,812,000
Aug. 24, Monday .. 10,802,000
•• ••• 8,279,000
Aug. 25, Tuesday 9,920,000
Aug. 26, Wednesday ... ... 8,562,000

Total X 55,369,000
ThiB iS a considerable falling off from the aggregate of
Mit week, but the clearings have been exclusively
cenmercial, there having been no Stock Exchange
settlements in the week. In this respect the total is
satisfactory, considering the dulness of the season.
1 The Stock Markets are inactive, and Railways have
(11 !°me cases lost an improvement that took place
attrin,c, the later hours of yesterday. Among these
fire Great Northern stocks. Metropolitan are very
it' Several stocks are now quoted with the divi-
rd deducted. The Funds are unaltered but dull.
sp° change of importance has taken place in Foreign
t,?,c4s) some of which are steady, but the tendency is
"„,",verY satisfactory.
,„„_,4e demand for money has increased, and it is now
T,' but rates are still quoted for the best bills at
I
tt per cent. The inquiry is chiefly in relation
.1: the closing engagements of the week. The demand
alTso good from the Stock Exchange.
he Wheat Market this morning is quiet at Mon-
day's rates.
Consols are steady, at 94 to 94k for money, ann
nt.
New and Reduced Three per Cents., 941
ti; '4g Rank Stock, 244 to 246 ; Exchequer Bills,
us to 20s prem.; India Five per Cents., 114 k to
115,
tbla Foreign Stocks the only feature in addition to
st.„at,ef general steadiness is a relapse of Egyptian
pie'r of 1864 to 85 to 86. Turkish are firm, the
else per Cents. at 381 to 39k ; and the Six per
ets. of 1865 at 62 to 62i ; Mexican, 14i to 151
• eek) 121 to 134 ; Spanish, 34i to 34g ; Italian,
: Brazilian, 7611 to 77 ; Peruvian, 79 to
to 7 Portuguese, 37/ to 381- ; Viceroy, 74
4i.
is
P4nglisli Railway Shares are rather flat, and business
101-" Y
quiet. Great Northern (A) is 1 lower, at
ati.,n to 1041 ; the ordinary stock at 106 to 107 ;
‘•
.1 LOndOn and South Western also at 88 to 90.
rirneashire and Yorkshire steady, at 126 i to 127 ex
•; Midland, 105 to 10512 ex div. ; South Eastern,
re 74i ex div.; Great Western 481 to 491 ; Great
11.,lern, 361 to 361 ; London and North Western,
01ia11i.,131 ex div.; Manchester, Sheffield, and
n't'eeinshire, 43,1 to 43a; Metropolitan, 1081 to 1091 ;
1-41"::;• dott 751-to 751 ; London, Chatham, and Dover,
8t to 181.
are In American Securities United States 5-20 Bonds
unaltered, at 714 to 71k. Erie Shares show an
Prevement of 1, at 32 to 33 ; while Illinois are I
r ,
911.2.t0 911.
wreifr? at
setic and Great Western Railway Debentures
to 39 to 39i, and the Consolidated
ctgage Bonds t 01391 t0„391.
Great Indian Peninsula Railway New Four per
;trlit• Debenture Stock is 95k to 96k.
btln
obwee r, aHondurast Loan is steady at 821 to 84.
Lank Shares there is little doing. Imperial is
el6i to 17i ; while Anglo-Austrian is
ttter, at 6i to 7 ; Agra, llit to 12 ; 114
o 101 di,
; Chartered Mercantile, 28 to 29.
The traffic receipts of the Varna Railway for the
thenelt ending August 4, amounted to £B2l, and for
'ekru'respondine• week of 1867, to £836.
CTue sum of 2145,000 in bar gold was sent into
en,R.ink yesterday
r,:lkle directors of the United Kingdom Electric Tele-
lowl?u Company
have resolved to recommend the fol-
eenting dividends for the past half-year :-10 per
,en,' Per annum on the 10 per cent. preference ; 6 per
the r ann
2ual on the 6 per cent. preference ; and at
shares rate Pe
of per cent. per annum on the ordinary
leaving £137 to be carried forward.
elk° e half-yearly ordinary general meeting of the
te billau Railway has been called for the 30th Sen-
n) et
aA meeting of the bondholders of the West Wis-
t~sln Company was held yesterday,
'Victoria Chambers,_ Westminster, for the
With of electing an English trustee to act
essrs. Wm. H. Leonard (Chief Justice of the
(iau 14e of
Court of New York), and J. Dutton Steele
gait iee-President of the Philadelphia and Reading
lEttor°Pd), in accordance with the terms of the prospectus
eon/ 'iled. After the secretary had read the notice
to tlning the meeting,Josiah Atwood, Es q. , was elected
Jan"," the chair. The chairman then called on Mr.
c,),l;°n (Janson, Cobb, and Pearson, solicitors of the
TheL'anY) to read the trust deed, which was approved.
anal Meeting was then called on to elect a trustee,
Qre the following resolution was proposed by Mr.
pjen° and seconded by Mr. Horwood :—` That
illes Goodson, Esq., M.P., be, and hereby is, ap-
sectillt„ed, subject to his consent being obtained to
hold appointment, the English trustee for the bond-
ers of the West Wisconsin Railway Company."
rim' resolution was then put from the chair and car-
ttr, „unanimously. Mr. Henry Smith, solicitor to
1,,a3 voodson, who was present, intimated that he
of tre,,in Po we re d by Mr. Goodson to accept the duties
theCstee. A vote of thanks to the chairman was
Lehi ,proposed by Mr. John Collinson, C.E., and,
koiligi seconded by a bondholder, was carried unani-
'l% The proceedings then terminated.

a t, lIRITISH FUNDS—CLOSING PRICES.
~,. ,OVERNNIENT FUNDS.
934 44 3}
lijr (lent. Consols
94
R itto-for Account, Sept. 8
Ist,tr,Cent. Reduced 944 i I
944
Very "„, Per Cent
6 4,4- per Cont. Jan. 1894
A °.° per Cont. d an. 1873
Doloiiities SO yrs, expire sth Jan., 1880 —
E
. for '3- • sth April 1885 — _
Do 4,, yrs, expire
x,,T. (Bed Sea Telek,raph), Aug., 1908
16—
pm
' "'quer Bills, £1 000 2 per Ct bo. , /
Do £5OO - 11
_
11
t ot: £lOO & £2OO
11
Li' of England Stock, 4 per Cent
ea 0. Account
1_
ilitcla 4 per Cent Bonds
1i .14151,..N GOVERNMENT SECT-MIMS.
'La Sit°,
1)ot . , k, 104 per Gent.,
......
21 upoiainn., for Account
114.4 4
L,• 5 per eent. July 1880
105
C. 4 per Cent., Oct. 1838
.....
0.
,Certificates
_
1:1„, „'4linced Pape. 4 per Cent
1034
ifo• 4 per Cent, Jan. 1872
0„ i per Cent., May 1879 _
- 'Per e t R Deb. 1872
Cent., ~ up. _
Do.
1877 —
do.
1)
1882 —
D,„ n% do.
13 WM.; 5 per Cent., Aug. 1873
21 25 26 pm
1)0. -"cis, 4 per Cent., £l,OOO
D 0• der £l,000
4r ..e rItEIGN FUNDS—CLOSING
_PRICES.
Aletr4.tille Republic, 6 per Cent
_
ji'lao 5 per 'Cent
41
.....
Lo. i Per Cent., 1852
—•
lio. do. 1858....
Do 404 1800
'' do 1863
8u ' 5 Per 'bent., 1865 —
_
keeot 771
D,, :AyUrens 6 per Cent.
1311'). fiber Cent. (Deferred 3 per Cent )
()
.10 Per Cent.
1340 6 per (Dent 744
10],°.: liPPeerrOCortt., B —
1).01 1867
b•l7 per Cent., 1866
D .an 6 P,
Lush , per Gent.
I) ..Itity " Nl' Cent., 1825 — 1-,) iao Brinci alities er Cent
"PerP` ' 1 BO
kl:ttto ent., 1867
tiv„'„'pr Naew Uou3olidated, 1 per Oen%
o,
-11" V), 7 Per Cent _
1, ,-3,'(2oud Issue .... ..
+.-:.). t5OO Ronde ***********
_
U°•
410 G on
Do.Do,
_
1864
Do
854
A' . Account
to. Bonds —
Ea i.icti Osiel
rein:, siii *** *******
dig
*********** • • •••
4.......
15 pd
Ore-,,°,j?.rurnent Railway Debentures
1)0. ;Per Cent., 1824 5, ex Coups. —
.1)•
A euo war
D,, us,. ..• ....................... .. ..•
o 4'4'001 .......................... , i —
ecOnnt
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