The Sun.
London, England, 1868-07-11 00:00:00

All-fiEf

AND

COMMERCIAL INTELLIGENCE,

CITY, Two o'CLocK.

The expectation of one or more new loans being
Introduced in the coining week is the main cause of
the depression in the Funds, in which a further re-
lapse of has taken place this morning. The move-
Inent, however, is chiefly speculative, though some
bond Me sales have taken place. Transactions in
Foreign Stocks are upon avery limited scale, and
there is no recoNery from the lapse of yesterday in
Peruvian and some other descriptions. Railway
thares are perfectly inactive.
The Discount market is exceedingly quiet. First-
class bills are taken at 1g- to 1 per cent.
Consols are dull, at 941 to 94i for money, and at
DA to 94a for the August a count. New and Re-
duced, 944- to 94a ; Bank Stock, 242 to 245 ; India
Stock, 1141 to 115/ ; Exchequer Bills, 15s to 20s
Stock,

The Foreign Stock Market is flat, at about the fol-
'°wing quotations :—Mexican, 154 to 16 ; Greek, 13k
to t 32 ; New Spanish, 351 to 36 ; Turkish, Five
Per Cents. (1865), 41k to 41/ ; Egyptian (1864), 82
to 83 • Peruvian, 80 to 80k.
In hailways there is no particular change. Prices
are without alteration, with the exception of a slight
decline in Sheffield, and a partial improvement in
Great Northern and Chatham.
United States 5-20:Bonds are quoted at 73 to 731,
heavy.
Foreign Railways are dull. Great Luxembourg
is marked at 12 1-16 to 12 3-16 ; and Lombardo-
Venetian, 161 to 16g.
Colonial Government Securities are steady. The
following are the quotations :—Canada 6 per Cent.,
102 to 104 ; ditto 5 per Cent., 90 to 92 ;
Mauritius 6 per Cent., 102 to 104 ; New South
Wales 5 per Cent., 99 to 101 ; New Zealand 6
Per Cent., 106 to 107 ; Queensland 6 per Cent.,
106 to 107 ; Victoria 6 per Cent., 112 to 114.
Bank Shares are quiet, and the only movement is a
decline of I in Imperial, at 17-& to 18f ; Agra (A),
11 to 12 ; Alliance, 10f to 9f dis.; Anglo-Austrian,
q to 51 prem. ex div. ; Chartered Mercantile, 28 to
19 ; Consolidated, 4f to 41 ; Imperial Ottoman, 1k to
prem. ; London and County, 4911 to 50k;
London and Westminster, 40 to 471 s ; do. New, 46}
to 47i ; Oriental, 44 to 43i ; London Joint Stock,
:12 to 33 ; Union of London, 33 to 34.
In Foreign Mining Shares there is little or nothing
doing. St. John del Rey remains at 19 to 20 ;
Port Philip, 1f- to 1 ; Chontales, 14 to 2k ; Rossa
Grande, 7-16 to 9-16.
Miscellaneous Securities are in little request.
4ngioA.merican Telegraph remains at 21/ to 21f ;
4Atlantic Telegraph Eight per Cent., 4 11-16 to
13-16 . Atlantic and Great Western Bonds, 35f
‘o 36 ; Hudson's Bay, 15 to 15/.
Great Indian Peninsula Railway New 4 per Cent.
Debenture Stock is 96 to 97.
Atlantic and Great Western Railway Debentures
are as to 36, and the Consolidated Mortgage Bonds,
35i to 36.
,Th e New Honduras Loan is par to 1 prem.
"die directors of the Union Bank of Australia have
declared a dividend of 37s 6d per share, being 7f per
Cent. for the half year.
v
An interim dividend of 2s per share, or at the rate
'lO per cent, per annum, has been declared for the
h' Year by the Thames and Mersey Marine Insurance
Company
nd~aAt the meeting yesterday of the East and West
tieck Company a dividend of 3 per cent. was
declared for the half year, free of income-tax.
0 call of £2 is to be paid by the 13th of August
2 the shares in the Great Indian Peninsula Rail-
waY Company, on which £8 has hitherto been called.
Messrs. Lee and Bolton, of the Hyde Ironworks,
have been compelled to call a meeting of
_,„ltletir creditors to lay before them a statement of
irs. The amount of liabilities is under £35,000,
and as a set off against this the assets show, nominally,
an almost equal sum.
The directors of the Union Bank of Manchester
have declared a dividend of 8 per cent. per annum,
?I'c' a bonus of 33 per share, payable on the 29th
Instant
~ The Lancashire Insurance Company have declared a
'ea
dividend of 10 per cent. per annum for the past half
r.
~About £22,000 in sovereigns were taken from the
yesterday for the West Indies ; and it is ex-
t)ected that £250,000 will be withdrawn to-day for the
River Plate on account of the Argentine Loan.
A Swedish Loan for £1,150,000 will be introduced
be
week ; and on Thursday the Egyptian Loan will
be brouglitout simultaneously in London, Paris, Frank-
fort, Berlin, and Amsterdam.
The meeting of the Great Eastern Railway Com-
P.,anY yesterday ended in authority being given to the
‘-iirectors to create permanent 5 per Cent. Debenture
Stock to pay off floating debentures as they fall due.
A contract has been made with a body of capitalists
to take ..£1,000,000 between now and next year.
Annexed is a memorandum from the secretary of
renter's Telegram Company (Limited) :—I aru di-
li
rected by the board to inform you that an arrange-
ment has been this day entered into with the Post
Office authorities for the transfer to the Government
of the Norderney submarine cable belonging to this
eciaiPany, on a similar basis to that agreed to with
the other telegraph companies, subject to the Tele-
"raplis Bill passing in the present session.
hi.:r he annual general meeting of the Australian
'Linn Company has been convened for the 27th
ins(., to receive the directors' report and statement of
accounts.
_2,2v t isn
The, Alexandra Palace Company (Limited) are
g aix pplications for the remaining 5,000 of their
per Cent. Preference Shares, which will corn- their capital of £550,000. The times of payment
e been conveniently arranged, whilst the preferen-
il,ailieo.cu_ornadblietions of the subscription appear to render it
as an investment. There is little need to
dwell upon the beauties of the site occupied by this
while El, it is one which noblemen might envy,
the public may enjoy from it the greatest
luxuries of landscape that. nature has provided in any
tort of E
Surpassed. The Palace is to be opened next
roo, on Lassle
Ist May ; and, the arrangements iu
ni:ress, it will prove a perpetual attraction. Much
promised to satisfy the votaries of science, as well as
the necessities of humbler aspirations. In fact, it
will be a second Palace of the People ; and, from the
moderate amount of its capital, it ought to be a suc-
cessful Palace, too.

MUTTS a
CLUSI\*G PRICES.
GovEitxmExr FUNDS.
3 per Cent. Consols . 9-11. ...................
Ditto for Account, Aug. 6... ..
..........7,
3 Per Cent. Reduced 94
9,4
New 3 per Cent
941
New 21 per Cent. Jar 1894
......

Do. 5 per Cent.lB73
A inuities, 80 vrs,
Do. for 30 yrs, sth Jan.,
Do (Red Sea TeleLraph), A ,-._t "" _
expire sth April_i,, 1,818158:O —
Do. for
Bills, £l,OOO, 2 per G
_...
1)0.
£5OO
Do
£lOO Sr £2OO
Sauk of England Stock. 4par Cent —.....
00. Acconnt
INDIAN GOVERNMENT SECURITIES.
xd
'llia;tock, 10i per Cent., April 1874 -
,s Opening,' for Account
114; 3 15i 14
D 5 per Cent. July, 1880
105 44
Do 4 per Cent., Oct. 1888
no. Certificates
o. Enfaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872 1051
P°. 51 per Cent., May 1879
`-'0 5 Doer Cent,, Rup. Deb. 1872
1877 :1091 10
do.
D`'
Do.
do. 1882 —
_.,.. Deb., 5 per Cent, Aug. 1873
m
Do. -Bonds, 4 per Cent., £l,OOO
28 pm
Do. under, £l,OOO
VOREIGN FUNDS—CLOSING PRICES.
Ar4entie Itepubc 6 per Cent.....
61}
Auitria.tt Bonds 5' Cent. 1859
per
- xd
11"r14znikla 5 pet. 'Cent
_
Lo.
4} Per Cent , 1852
_
r,.. do. . 188....
„%•"°. do , 1860
66
"°. do." 1863 j)a• 5 'ent. 1865
77}
N
t 4, Account ......................
...nos A,yres 6 per Cent
0 ii,) 2 per Cent. (Deferred 3 per Cent )
......-
0 41)„4, 6per Cent.
1021
44ian 6 per Cent
4-4).4/ per Cent —
hp°. 6 Per Cent., B —
'-'O., 1867
931
Do 1
I) ~ , per ,Cent., 1866
0 01,%,,8.0ri1a £32 paid ....
I) llanlart, 6 por Cent.
xd
aanisti 3 Per Cent., 1825........
i.v,lubian Principalities, i rer Cent 5l
ipt, u° 8 per Cent., 1867
,s3'pitcl.or New Gonsolidated, 1 per Cent l3l 14
tian, per Cent .................•........•
801—
1), c,
t‘• ,ecoad Issue ...... . ..............
zo.115(?e0131101ingss
.......... .
....... . ............
,0. •1864
_
y) -u°. Account
.DOO. £5.10 Bonis
............
..£lOO Bonds ............ :..
; ............ • •••• °)1
Qr%vertirnent Itail;;l)ebentures ...•
be,ePlr 5 per Cent , 1824- 5, ex Coups —
00. .
....... . -
bo. account
............................... , . _
. Zunt ........ . ..................
...
_
lel Iltala 5 per .6.e.n..; .... .....
ItalatlurasGov•Rail.Loan., 10p. Ct., £25 p —.....
1;144 6 Per Cent , 1865
--.)°o' Account ~..
—79} 8}
&t,
.. isrenarnana Raiway
Ditto)"Pars 3 per Cent
for Account
nn
1864
fl 04 Cont. Anglo-French —
-\o4.qldQa.n 6 per Cent. ....... .. —
V:oo.nsh Imperial 5 tier Cent
"").vi Gtallatta, -
15 i