The Sun.
London, England, 1868-07-09 00:00:00

10 Y IYIAKTiET

A ND

CIONIVE RC [AL (NTlV.,Uf;rianN,

CITY, Two o'CLocK.

A. dull tone pervades all the stock- markets, and
quotations are lower, with a downward tendency. The
decline of more than 4 percent. in Routes during the
last two or three days has had its effect upon conti-
nental price's generally, and a check being given to
the foreign demand here operators have shown
anxiety to realise, and thus the heaviness is increased.
the funds and railway shares are also quiet, but there
i 8 no particular movement. The decline in American
Securities upon the announcement that the Demo-
crats have decided to advocate taxation of the public
debt and payment in currency where not specially
agreed to be paid in gold, has not been recovered.
The supply is already increasing upon the payment
of the dividends, and discount in the open market is
easier at 14 per cent. In the Stock Exchange advances
are made at 1 to I.'-4 per cent.
The English Funds arc quiet. Consols remain at
941 to 944 for money, and 944 to 95 for the 6th
August. New and Reduced Three per Cents., 945 to
94 ; Bank Stock, 242 to 244 ; Exchequer Bills, 15s
to 203 prem.; India Five per Cents., 1141 to 1151.
Foreion Stocks are very flat. There is a decline of
to Egyptian (1864), at 82 to 84 ; of 1 in New
'Panish, at 364 to 361 ; in Italian (1861), at 521 to
„
M; and in Peruvian, at 80k to 802 ; and of .1 in
ican, at 154 to 16 ; Nicolii, at 65k to 651 ; and
Turkish, 411 to 42 ; Greek, 134 to 13.1 ; New Rus-
sian 22 to 3 prem. ; and Orel-Vitebsk, 844 to 844.
In American Securities United States 5-20 Bonds
Sre better, at 724 to 734 ; Erie Shares, 45 to 46,
1021'• lower ; but Illinois is higher, at 1014 to
GForeign Railways are quiet at previous prices.
reat Luxembourg, 12 to 121 ; Lombardo-Venetian
inquired for at 164 to 164.
English Railway Shares are without particular
change, and the dealings are rather restricted. Man-
chester, Sheffield, and Lincolonshire is higher, at
41 to 42 ; and an advance of 4has taken place in
Midland, at 1042 to 105 k ; London and North
Western, 113/ to 1144 ; and Metropolitan,
at 1134 to 1132. On the other hand, Great
Western has fallen 4, at 514 to 52 ; and London,
Brighton, and South Coast, 514 to 52 ; and Caledo-
nian, at 702 to 711, also show a decline of ; Lan-
cashire and Yorkshire is steady, at 1272 to 1281 ;
South-Eastern,lo2.
744 to 74/ ; Great Northern 1014 to
; do. (Al, 954 to 952 ; Great Eastern, 364 to
361 ; and London, Chatham, and Dover, 194 to 192.
Colonial Government Securities are steady. Canada
6 per Cents. is quoted at 102 to 104 ; ditto 5
Per Cents., 90 to 92 ; Mauritius 6 per Cents.,
102 to 104.; New South Wales 5 per Cent., 99 to
,101 ; New Zealand 6 per Cent., 110 to 112 ;
Queensland 6 per Cent., 106 to 107 ; Victoria 6
°er Cent.. 112 to 114.
In Bank Shares there is little business Joiner, and
the Only feature is a recovery of per cent. in Union
of London, which is quoted at 33 to 34. London
Joint Stock, 32 to 33 ; London and Westminster,
69 to 70 ; do. New, 464 to 474 ex interest ; London
d County, 49.4 to 504 ; Imperial Ottoman, 14 to
d 4„ prem. ex
(1 ; Imperial, 18 to 19 ; Consoli-
; 41 to 44 ; Chartered Mercantile, 28 to 29 ex
At,v,
,; ; Anglo-Austrian, 42 to 54 prem. ex div. ;
11 to 10 dis. ; Agra (A), 11 to 12.
F inance Shares are dull. Credit Foncier, 3to 34;
1
General C
to ley-lit, 24 to 94 dis. ; International Finance,
7-166 dis.
urther
a In Foreign Mining Shares, St. John del Rey shows
Gra improvement of 4, at 194 to 20 ; Rossa
nde, 7.16 to 9-16 prem. ; Port Philip, 14 to 12 ;
and Chontales, 2 to 24.
Miscellaneous Securities are without feature.
Anglo-American Telegraph remains at 214. to 214 ;
,AAtlantic Telegraph Eight per Cent., 45 to 42
tlantic and Great Western Mortgage Bonds,
35/, to
; Hudson's Bay, 154 to 15i ; London General
Omnibus, 14 to 24 ; and National Discount, 112
to 121.
The half-yearly meeting of the Consolidated Bank
liar been called for the 17th inst., when a dividend
Will be declared.
Including
the gold movements at the Bank yesterday
£115,000 have been sent in since the last return, and
:£41,000 withdrawn.
The Royal Mail steamship La Plata leaves to-day
for the Brazils taking £46,675, chiefly in gold.
of The Union Bank announces a dividend at the rate
This per cent per annum, carrying forward £20,000.
is is the same distribution as was made the previous
six months, but it compares with 25 per cent. per
annum for the corresponding period of last year.
yMeBsrs. David Chadwick, Peter Robb, and George
kacnair, the committee for managing the estate of
the Bank of London in liquidation, have issued a cir-
cular to the shareholders detailing the progress made
Sin" the 31st of January last, when the last report
Was made. Two of the three instalments accepted by
tnl creditors have been duly met, and the third is due
next January. Without being quite sure, the com-
mittee see no reason to doubt that they will be able to
Provide for this engagement without making any call
9Pon the shareholders :—" By the arrangements now
in progress for the settlement of the bank's claim
against Mr. James M`Henry, and the Atlantic and
Great Western Railway Company, we hope, should
such be successfully carried out, that a considerable
Portion of the bank's losses on this account will be
recovered and a substantial return be made to the
shareholders on account of the share capital of the
bank."
The proposed dividend of the National Discount
the
at the rate of 15 per cent. per annum, is
"`,.l° same distribution as was made at Christmas, but
" compares with 17 per cent. per annum for June
last year.
Tlae Peel River Land Company recommend an
nnnni dividend at the rate of 7 per cent. per
um.
The directors of the Birmingham Joint-Stock
i,,lc (Limited) have declared a dividend for the
J'alf-year ending June 30, at the rate of 20 per cent.
per annum, payable on the Ist August, free of income-
tax, being the same as this time last year.
At the adjourned meeting of the Metropolitan Rail-
way yesterday, the further distribution of 2 per cent.
for the half-year ending with December last was an-
nounced. It will be paid to those holders on the
re,ister on the 31st December, and from the variously
ti
conditionedi business which has since been done in
s security, much confusion is expected to result to
the brokers.
The bill to supplement the Investment of Trust
Funds Act, now before the I-louse of Commons,
provides that where they are not expressly forbidden
trustees may invest trust funds in debentures or
share's of the East India Railway Companies, viz.,
the East India Railway Company, the East Indian
Peninsula Company, the Madras Railway Company,
'Rthe Bombay and Baroda Railway, the Central India
ailway Company, the Scinde Railway Company,
the Eastern Bengal Company, and the Great
Southern of India Railway Company.
The traffic receipts of the Bombay, Baroda, and
Central India Railway for the week ending May 16,
shows an increase of £1,565, as compared with the
,i?rrresponding period of 1867 ;the Bahia and San
i„ Francisco Railway, for the week ending May 30, an
:crease of £250 ; and the Madras Railway, for the
'fle!litl ending May 16, an increase of £2,851.
0.-1_2.,e traffic receipts of the Madras Railway on the
leujn-West line of 492 miles for eight weeks ending
guile Flay last, amounted to £64,955 or £132 per
lo
~_,:.against £54,757 or £lll per mile for the corres-
55''sng period of last year. On the North-west line,
iz,eeau miles open, the receipts for the same period have
.i7l £23,545, or £154 per mile, against £11,574 or
Per mile. The receipts on both lines for eight
"eers have been £88,500, against £66,331, showing
An increaseavith of £22,169, or 33 per cent., compared
4aD year, the mileage of both lines remaining
" Bttle.

BRITISII FUNDS
UOVERXMENT FUNDS. —Two O'CLOCK.
a Per Cent. Consols
, fo Account, Aug
94i
94/ i
" Per Cent. Reducod
Neva ,
941 I i
.k.,.oper Cent
76
'-', w 21 Per Cent. Jan. 1894
Do =
A , • per Cent,. d an. 1873
'.. nuities, 30 VrS, expire sth Jan., 1880 —
E
iiilo. for 30 yrs, expire sth April
~,, (Red Sea Telekraphl, Aug., 1908 —
pm
oquer Bills, £l,OOO, 2 per Ot — Do,
....
~
Do, £5OO
..._
~
BA 4. £lOO & £2OO ~4•-• of England Stock. 4f per Cent
4-' 0* ACCOMit
INtir A ... f ,
a .."''. .rOVERN3SENT SECURITIES. 244_ 21
4-ja tock, 101 or Cent April 1874
Do n • D ~
Do' -Pe/1030-, for Account —
1141 15
Do, 6 per &tit. July, 1880
105 41
0.2 4 Pe': Cent., Oct. 1888
~oe. Certificates
DO ,nfaced Paper 4 per Cent
Du 6 Sipper ent., Jan. 1872
°- . Cent•, May 1879 .
D 0
0 per Cent.;Rup. Deb. 1872 —
Do,
Do
1877 —
do.
188-2 —
, h do.
Do' ,r)e-, 5 per Cent., Aug. 1873 , ponds, 4 per Cent., £l,000
a 4). under .£l.OOO
FOREIGN FUNDS
~
_
9iane Repubc, 6 per cern-
-T WO CLOCK..
ititriAn Bonds, 5 per Cent. 1859
xd
I'6llll4lnparer Cent
P. - 4} lB'2
t°. do. Cent.,
1858....• .....0.
,L,
18 tti —
1)0 do.,
D), z `4 , 1863
. per Cent 1865 —
)0 A„ ~
"*G't 7t
tlO count
s 4
Li', Los lyres 6 por Cent
C
))) 2 Per Cent. (Deferred 3 per Cont.) 47L-
-41'1, 6Per Cent. C 'Van 6 per Cent —
("1. 11 gq gi1at..i);;....4 ... isigliisilWeim•