The Sun.
London, England, 1868-09-18 00:00:00

Ita MARNET

AND

COMMERCIAL lI4TELLIGENCII,

CITY, TwO o'CLocK

Ile Bank return continues to attest the slackness
*f the demand for money. The private securities
have fallen off until they stand at but little more than
£16,000,000, while the unemployed reserve has en-
larged considerably, so that it now exceeds twelve
Millions. The private deposits are lower, but only to
an inconsiderable amount, and the public deposits are
increasing. The bullion has increased nearly £40,000.
The following are the principal changes competed with
those in the previous return :
Decrease in Circulation --- 499,761
Increase hi Public Deposits
Decrease in other Deposits...
No change in amount of Government Securities.
Decrease in other Securities .. 91,836
Increase in Bullion —.. 39,844
Increase in Rest
Increase in Reserve - ••• •• 270,344
Bullion in both Departments ...... 20,775,992
Reserve of Notes and Coin
Circulation, including Bank Post Bills 24,235,659
The return of paid clearing for the week ending
Wednslay, September 16, as certified by Mr. George
Dorbyshire, chief inspector, as as follows :
Sept. 10, Thursday... ... ... £8,775,000
Sept. 11, Friday ... ... ... 9,236,000
Sept. 12, Saturday ... ... 10,508,000
&pt. 14, Monday ... ... 9,667,000
Sept. 15, Tuesday •.• ••• 8,943,000
Sept. 16, Wednesday ••• ••• 18,327,000

Total .015,456,000
This aggregate is about £9,000,000 more than that of
last week, and the increase is solely attributable to
the settlement on the Stock Exchange.
Consols are well supported, at 94 to 94k for money
end account. New and Reduced Three per Cents.,
921 to 92k ; India Five per Cents., 114 to 114 k ;
Exchequer Bills, 16s to 20s prem.
Foreign Stocks are firmer. There is an advance
of in Danubian Eight per Cents., at 801 to 811,
and of ± in Nicolai, at 66% to 67, and in Orel-
"Vitebsk, at 83% to 84 ; New Spanish aro firmer, at
33% to 331; Italian, 51i to 51ft ; Turkish, 382 to
39; Egyptian (1864), 86i to 87%; Viceroy's Seven
per Cents., 74i to 74/ ; Brazilian, 76k to 762 ; New
Russian, 3% to 3! ; Honduras, 86 to 87 ; and United
States, 5-20's, 72 to 72k.
Atlantic and Great Western Railway Debentures
are 37% to 38, and the Consolidated Mortgage Bonds
38 to 38%. Erin shares have advanced % per cent., to
31 ; anl Illinois are steady at 90% to 91.
Colonial Government Bonds are steady at the fol-
lowing quotations :—Canada 6 per Cent., 104 to 106 ;
Canada 5 per Cent., 91 to 93 ; Mauritius 6 per
Cent., 103 to 105 ; New South Wales 5 per Cent., 99
to 101 ; New Zealand 6 per Cent., 110 to 112 ;
and Queensland 6 per Cent., 706 to 107.
In Railways North British and Caledonian are still
extremely fiat ; otherwise the market is steady.
Lancashire and Yorkshire are quoted at 128 to 128% ;
Midland. 109/ to 1101 ; South Eastern, 77 to 77%;
Caledonian, 671 to 68 ; Iletropolitan, 1072 to 108 k ;
north British, 32 to 33 ; London and North Western,
1122 to 113 k ; Great Northern, 108 to 108%; ditto
(A), 108% to 109 ; Great Eastern 38k to 39k ; Great
'Western, 491 to 50± ; Brighton, 52 to 52% ; and
Sheffield, 45 to 46.
'Poreign Railway shares are firmer. Lombardo-
Venetian is 3-16ths better, at 16 3-16 to 16 5-16 ;
great Luxemburg, llg to
Bank Shares are very quiet, and prices are steady.
Agra (A) is quoted at 111 to 121 t ; Alliance, 12% to
11% dis. ; Chartered Mercantile, 29 to 30 ; Consoli-
dated, 4! to
,41 ; Imperial, 16% to 17% ; Imperial
Ottoman, 2 to 1 prem. ; London and County, 49% to
50%; London and Westminster, 65% to 66%; Oriental,
44% to 45% ; London Joint §tock, 31 to 32; Union
of London, 34% to 35%.
In Foreign Mining shares St. John del Rey is %
better, at 19 to 191; Port Pidlip, 1- to 1%; Chon-
tales, 2k to 2g ; Rossa Grande, k to 3-16.
The dealings in Miscellaneous securities are limited,
and prices are without change. Anglo-American
Telegraph is inquired for, at 20% to 20! ex. div. ;
Atlantic Telegraph Eight per Cent., 34 to 4 ; Fore-
Street Warehouse, par to % prem.; Hudson's Bay, 14k
to 15 ; London General Omnibus, 12 to Ik.
Fifteen thousand sovereigns were yesterday with-
drawn from the Bank, for India.
The net profits of the National Bank of India for
the half-year endins, with June last amount to
£22,353 8s 10d, which, with £3,064 4s ld brought
forward, makes an available total of £25,417 12s 11d.
A dividend and bonus at the rate of 8 per cent. per
annum is recommended, which will allow £5,800 to
be added to the reserve, and leave £1,069 12s lid to
be carried forward.
BThe considerable fall which took place in North
ritish Railway stock yesterday afternoon was owing
the receipt of the following telegram from the com-
pany :—" The surplus revenue of lass half-year will
admit of dividend on the preference stock down to
and inclusive of the North British 1863 Preference
Stock, and to the extent of £2 8s per cent. per annum
°ll the Edinburgh and Glasgow No. 3 Preference
Stock. Payment of these dividends will be made in
deferred warrants."
An interim dividend at the rate of 12 per cent. per
anumn for the past half-year is recommended by the
directors of the Oriental Bank Corporation.
The directors of the St. John del Rey Mining Com-
pany (Limited) have received the following report,
dated Morro Velho, August 17, 1868 Morro
\r
elho produce for July, 9,231 oitavas, from 5,048
tons ore ; yield, 1,826 oitavas per ton ; Morro Velho
?2st for July, £5,374 ' • loss for July, £l,BOB. Morro
Yellin produce eleven days of August, 2,147 oitavas ;
Yield, 1,228 oitavas per ton. Gala produce for July,
,089 oitavas, from 841 tons ore ; yield, 2,484 oitavas
per ton : Gaia cost for July, £455 • Gaia profit for
~,°IY, £438. Gaia produce eleven days of August,
'5 5 oitavas ; yield, 2,082 oitavas per ton."
_.With regard to Turkish finance, the Levant Herald,
°t the 9th inst., contains the following :—" The
X 7,000,000 Loan is now known to have been offered
against the guarantee of the tobacco duty and the
Pncession for a regie throughout the empire to the
lenders. The agent of the parties making this modest
Pt°Posal met, however, with less success than his re-
-I(3)()tted recommendations from the French Foreign
f4e had led him to expect—the Porte declining to
!41inate its best remaining unpledged source of
eventie till forced to do so by the pressure of a greater
returned
than now exists. M. Durand accordingly
to Paris by last week's steamer, but if M.
ileard
Moustier retains office he will probably again be
of.
I.,•fAn extraordinary general meeting of the Rock
°Lle Assurance Company has been called for the
1 inst. for the purpose of declaring a bonus.
The Great Southern of India Railway Company's
trafficL, receipts for the week ending June 13, show an
haTerease of £207, and the Illinois Central Railway for
o month of August a decrease of £1,804, as cern-
ted with the corresponding period of 1867.
"ueSchwartze's wool circular reports that the
es current at the public sales now in progress, as
cot°l3 •ale •in with the June series, show a decline of
; the very best Australian scoured descriptions, of 2d
04 e bulk of middling and good wools, and of 2d to
the aul ty sorts. The sales are expected to conclude
26th instant,

BRITISH FUNDS—CLOSING PRICES.
(40'VERNMENT FUNDS.
8 Per Cent. Consols
for Account, Ditto
a
Per Cent. Reduced 925 4
New 3 per Cent
New 21 per Cent. Jan. 1894
A tiri°. 5 per Cent. J an. 1873
luities, SO yrs, expire sth Jan., 1880 —
Do. for 30 yrs, expire sth April 1885 —
E "ncl (Red Sea Telek,raph), Aug., 1908 — ad
Xchcquer Bills, £l,OOO, 2 per Ot — pm
Do,
£5OO
100
£1 00 & £2OO —
',,
ttic of England Stock, 4 per Cent
11
"0. openino•°
anada 4 per Cent. Bonds
1 , INDIAN GOVERNMENT SECURITIES
4dia teck, 101 per Cent AprillB74 ... 214
~
13,,e. Opening, for Account —
,"0. 5 per Cent. July, 1880
"-'O. 4 per Cent., Oct. 1888
1-",,,0. Certificates
I,'"e• Enfaced Pape. 4 per Cent —
.I°. 5 per Cent., Jan. 1872
—r-,°.
,N- per Cent., May 1879
'-'0 0 per Cent., Rup. Deb. 1874 —
Do, do. 1877 —
D Do. do. 1882 —
1;-• Deb 5 per Cent., Aug. 1873
~
hc.. Bonds, 4 per Cent., £l,000
"0. under £l.OOO
Ar, , FOREIGN FUNDS—CLOSING PRICES.
outine Repub:ic, 6 per Cent
Cullman Bonds sper Cent. 1859
'ol4,.ilian 5 p
41 per Cent., 1852..
eCeiptt —
60,.
bd: do. 18;8
1)„ do., 18.10 —
bo' do., 1863 695 1
13 • 5 per Cent., 1865
t : Account 764 7 64 1 5
1;0,3 Ayres 6 per Cent.
Ctib,s) 2 Per Cent. (Deferred 3 per Cent.)
(;„„?•, 6per Cent.
-1;,,144 6 per Cent —
b`', 41 Per Cent —
11: 6 per Cont., B —
'o 1867
bni 7, per Cent, 1866 —
,O. ,-,,,''crip £32 paid
k).lllo,ulan, 6 per Cent.
1.).1,4„1", 3 per Cent., 1.P5. ......
bc,'''att Principalities, 7 ier Cent —
knll,,,°' Per Cent., 1867
kti.ool34tl9B4lE;;o7eaplvderitisuoisFlidated, 1 per Cent —
•••
o ••••••• 000000
o: •C5OO 'Bods
410 e Bonds
o.
1864 —
Do,
Account