The Sun.
London, England, 1868-06-05 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, One o'Cloci.
The returns of the Bank of England bears out all
that has been said during the past week concerning
the Money Market. The gold has further increased
1679,080—a sum only to a small extent in excess of
the arrivals known to have been purchased. It is
probable therefore that we shall not hear much more
of the influx of gold from the provinces, especially
now that the season of agricultural activity is arriving.
The slight increase in the bills discounted would indi-
cate that business is not falling off, a view which is
supported by the satisfactory total of cheques and bills
Passed through the clearing house during the same
Period. As compared with the previous return, the
following are the changes :
Increase in Circulation
Increase in Public Deposits
Decrease in other Deposits
No change in amount of Government Securities.
Increase in other Securities • 19,814
Increase in Bullion
Decrease in Rest
Increase in Reserve
Bullion i❑ both Departments 21,969,738
Reserve including Notes and Coin 12,743,253
Circulation, including Bank Post Bills 24,691,039
The following is the return of the cheques and bills
Which passed through the bankers' clearing house
(luring the week ending the 3d inst.:—
May 28, Thursday ... X 8,704,000
May 29, Friday ... ... 9,532,000
May 30, Saturday ... ... 14,237,000
June 1, Monday ... 8,094,000
June 2, Tuesday ... ••• 9,575,000
June 3, Wednesday ... ... 9,557,000

Total ...

£69,699,000

This return includes the heavy fortnightly settle-
ment of last week, and the partial holyday on Whit-
Monday.
Discount is very quiet at 1* to 11 per cent. for
bills having less than three months to run.
The Funds are steady at last night's close at 941
to 94f,4 ex div. for money and account. New and
Reduced Three per Cents., 94; to ; India 5 per
Cents., 1141 to 1141; Bank Stock, 246 to 248; Exche-
quer Bills, 10s. to 15s. prem.
The chief features in Foreign Stocks is the heaviness
of Egyptian, which are Ito per cent. lower, with
the exception of the 1864 loan. Italian, Brazilian,
Peruvian, and Spanish are rather firmer. The prices
are :—Brazilian (1865), 771 to 78 ; Chilian (1867),
951 r to 96 ; Danubian Seven per Cents., 74 to 75 ;
Egyptian (1864), 801 to 811 ; ditto Railway Deben-
tures, 921 to 93 ; ditto Nine per Cents., 87 to 88 ;
ditto Seven per Cents., 731 to 731 ; Peruvian (1865),
861 to 87/ ; Russian (1862), 841 to 841 ; Spanish,
37i to 371 ; and Turkish (1865), 37i to 371.
In American Securities United States 5-20 Bonds
are lower at 72'4 to 72g. Illinois are f better at
97/ to 971. Erie Shares unaltered at 451 to 46.
Railways are flat. Metropolitan opened at 1101
but are now 110. Lancashire and Yorkshire are 1281
to 129/ ; Midland, 106 to 1061 ; South Eastern, 76
to 761,_;. London and North Western, 115 to 1151 ;
Great Northern, 1021, to 1031 ; ditto (A), 97 to 98 ;
Great Eastern, 35; to 351 ; Great Western, 53 to
to 531 ; Brighton, 52 to 521 ; Sheffield, 431 to 44;
Metropolitan, 109 to 1101 ; Caledonian, 741 to 75 ;
and Chatham, 201. to 201.
Foreign railways are firm. Lombardo-Venetian is
I higher, at 15 to 151 ; Great Luxembourg, 121 to
121.
Rank Shares are very quiet, and the only change
in prices is a decline of -k in London Joint Stock,
which are marked at 34 to 34 ; Union of London
steady at 342 to 351. ; Oriental, 42 to 43 ; London
and Westminster,
711 to 711 ; London and County,
'
52 to 53 ; Imperial Ottoman, ti to 1; prem. ;
Imperial, 18 to 19 ; Consolidated, 41 to 41 ; Chartered
Mercantile, 271 to 28. - ; Anglo-Austrian, 5 to 51
Prem. ; Alliance, 13 to 12 dis.; Agra (A shares),
IN- to 11.
In Foreign Mining Shares, St. John del Rey is
lower, at 181 to 18/ ; while Cliontales are s better,
at 14 to 1 ; Port Philip steady, 11 to 1/.
Miscellaneous Securities are in little request, prices
are generally without movement. Anglo-American
Telegraph is quoted at 221 to 221 ex div. ; Atlantic
Telegraph, 8 per Cent., 4 15-16ths to 5 1-16ths ;
Hudson's Bay steady, 15/. to 10 ; Fore-street
Warehouse, 11 to 1 dis. ; London General Omnibus,
to 21-.
The Anglo Brazilian Times, of the Bth May, has
the following in reference to the San Paulo Railway :
The San Paulo Railway had become so gorged
With produce at the Santo terminus that the superin-
teodent was forced to suspend traffic for the last five
days of April. Notwithstanding this, the weight of
the up and down traffic reached 470,492 arrobas, and
the gross receipts mounted up to $202,185, or over
X 14,000 sterling at the present rate for sovereigns."
The sum of £70,000 in bar gold was taken into the
sank yezterday.
The steamers which left New York yesterday for
Europea bring £70,000 in specie.
The second dividend, at the rate of is in the
Pound, is announced as payable to the creditors of
the Accidental and Marine Insurance Corporation on
the Bth and 12th inst.
A first call of £1 per share, making £2 called,
(311 the new £5 shares (1868) of the Lancashire
and Yorkshire Railway Company, payable on the
30th inst.
The directors of the London and Provincial Marine
Insurance Company announce that the interest to be
Paid to the proprietors for the half-year ending June
20 Will be at the rate of 10 per cent. per annum.
The ordinary general meeting of the Buenos Ayres
Great Southern Railway Company has been called for
the 17th instant.
The failure is announced of a firm in the London
corn trade, with liabilities estimated at about £20,000.
The
cause is stated to be owing to the recent heavy
'4 in lrices.

BRTIBH FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
3 Per Cent. Consols
Ditto for Account, Juno 4
~per Cent. Reduced 941 4
~Iletv 3 per Cent
New 21 per Cent. Jan. 1894 - —
Do. 5 per Cont..) an. 1873
Aanuities, 50 yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
I, Do (Red Sea Telegraph), Aug., 1908_
44xchoquer Bills, £l,OOO, 2 per Ct l4 pm
Do. £5OO - ~
.t., Do £lOO & £2OO l4 ~
"'mak of England Stock, 41 per Cent 248
Do. Account
.. INDIAN GOVERNMENT SECURITIES.
India Stock, 104 per Cent., Aprill874
Do. Account
D. 5 per Cent. July, 1880
Do. 4 Do. Certificates —
Ro. Enfaced Paper 4 per Cent —
DO. DO.
5 per Cont., Jan. 1872
•,•,`'°. 51 per Cent., May 1879 —
"0 5 per Cent., Rup. Deb. 1872 —
Do. do. 1877 —
, Do. do. 1882 —
'-',••• Deb, 5 per Cent, Aug. 1873
Do. Bonds, 5 per Cent., £l,000
Do. under £l,OOO
FOREIGN FUNDS—TWO CLOCK.
Ar • •
entine Repubc, 6 per Cent......
Abunrian Bonds, 5 per Cent. 1859
15fazilian 5 per Cent — xd
ni3o• 44 per Cent., 1852
V. do , 1858....• —
I,"'°- do., 1860
1.%'(:). d 0..,
1863 —
—°. sper Cent 1865 -7
13,70 Account 7B 71
',enosAyres 6 per Cent —
Q "La 2 per Cent. (Deferred 3 per Cent )
04„ual 6per Cent.
4"iall G e r Cent
P
be. 41 per Cent —
D 6 per Cent., B —
o• 1867
D '
-1.,°, 7 per ,Cent.., 1866
0 )''ol Scrip £32 paid
I) nibian, 6 per Cent.
D'lllisla 3 per Cent., 1825........
per
Principalities, / par Cent 744
D 0 821 14
kr 8 per Cent., 1867
Intador New Consolidated, 1 per Cent. 134 14
--'ayptian, 7 per Cent •••
.1,',.'0. Second Issue BO
~x."O. £5OO Bonds
.1-10. £lOO Bonds Bl4
Do. 1864
320.
4D50,.0
Bonds Bl4
81
811
41,0. £lOO Bonds ~... 821
grA'evernment Railway Debentures .... 934 I
.0.00,1 K.
4(!)eecrLent., 1824-5, ex Coups —
.. --
nu. Coupons -
G
.0. Account
Itoenittla 5 per Cent .. —
It
i?latiras Goy. Rail. Loan., lop. Ct., .£25 p
ii.a'n 0 per Cent., 1865
iDO, Account
e,
kt, Zarenimana ltaiWaY
D
xle .
. ars 3 p.-r Cent
for Account
16! 4
, D 0 1861 .—
....,0 r •
moil ' Per Cent. Anglo-French —
Isto '`J\l4ail C per Cent. —
orist, .
Now
~.,'" Imperial 5 per Cent -
- ,-Trunada
1)0 3
.s., _
I) 1"-1 Con —
oper:aZod:NtiV?trrants (Hectares)
Criat. per Cent. 1865 —
—0 44
po Per Cunt. (Uri barren)
t.) A per Cent.. 1162 -
b 0 Account '
. ert i,
fi'ol-lese 3 per Ct., 1853, '6, '7, '9,'60,'2,':, 41
1) do., 1P67 —
It us. C'' do., Scrip, £2O paid —
.1) 'ara 5 per Cent 182,, ..£ 61 Bs+ 6
I.l°o 11 Per Cont. 1.A50 '
Do
~s. per Cent., 1860
D° '-_' Per Cent., 1859
° Per Cent., 1862