The Sun.
London, England, 1868-07-10 00:00:00

N.OALY biAltfiET

AND

COMMERCIAL INTELLIGENCE,

CITY, Two o'CLocK.

The principal changes in this week's Bank return
are caused by the dividend payments, although, as
they commenced only on Wednesday morning, only a
i aingu day's distribution is shown by the account. The
first day's payments are usually confined to banks and
Poblic establishments. The Public Deposits conse-
quently show a large diminution ; but, on the other
hand, a great proportion of the amount disbursed re-
appears in the shape of Private Deposits, while the
tuck's own share in these payments is shown by the
The
accession to the amount of the Rest.
Ole Government appears to have borrowed £400,000
'fcln the Bank upon Deficiency Bills, which of course
gill yield some profit ; but there is a heavy falling off
ni the Private Securities of more than two millions
sterling. These changes, important as they are, have
i'ecu effected with but little disturbance to the,
Bullion and Reserve. The following are the prin-
cipal variations in the position of the Bank since the
Preceding return :
Decrease in Circulation • • • £1,722
Decrease in Public Deposits
Increase in other Deposits
Increase in Government Securities
Decrease in other Securities .. 2,038,846
Decrease, in Bullion
Inereasc in Rest
Decrease in Reserve
Bullion in both Departments ......22,551,542
Reserve in Notes and Coin
Circulation, in Bank Post Bills. 25,222,334
rho return of paid clearing for the week ending
tvednesday, July 8, as certified by 111 r. G. Derby-
shire, chief inspector :

JOY 2, Thursday .£10,328,000
July 3, Friday ... 11,144,000
July 4, Saturday 13,912,000
July 6, Monday 9,314,000
July 7, Tuesday ... ... 11,787,000
Jjy 8, Wednesday ... 10,449,000

Total £06,934,000
IN is a satisfactory aggregate. As there have
been no Stock Exchange settlements in the week,
ek,
and as there is no reason to believe that trade h
materially improved, it is probable that the_ amount
play have been influenced to some extent by
adjust-
raents connected with the beginning of the last half
of the year.
The Discount market indicates increased ease upon
toe payment of the dividend, and the minimum quo]:
tation is per cent., and in the Stock Exchange
Per cent.
The Corn market is quiet, at previous rates.
The Funds are dull and inactive. Consols are
041 to 94k, and 94'4 to 95. New and Reduced,
943- to 94, ; Bank Stock, 242 to 245 ; India Five
1)(1 Cents., 1141 to 1151 ; Exchequer Bills, 15s to
4 prem.
, Foreign Stocks are quiet, and without any change.
Atexican are quoted 15/ to 16 ; Greek, 13± to 13i ;
l‘iew Spanish, at 36i to 361 • Turkish, 411 to 42 ;
Italian 53 to 53/ ; Egyptian 6.864), at 82i to 83/;
Peruvian (1865), 80.Jj- to 81 ; New Russian Railway
Loan, 21 to 3 ; Orel-Vitebsk, 831 to 84/ ; and Nicola
951 to 651,
In American Securities, the 5-20 Bonds are
~o 6." 4er, at 727 to 73k ; Erie have advanced 1, at 45
L 1 _
g ; show no change, at MA- to 102.
Whole• Lancashire and Yorkshire are quoted 127 k
,uu 1281 ; Midland, 1041 to 105 ; London and South
PlVestern, 91 to 93 ; London and North Western,
:P2- to 114 ; Great Northern 101 to 102 ; do.
k.„.4), 95i to 96 ; Great Eastern, 361 to 361 ; Great
western, 484- to 49 : Brighton,
41 7030 42 51 to 51f ; Sheffield,
; Metropolitan, 113 to 1131 ; Caledonian,
i to 71/ ; and Chatham, 19 to 19k.
n Foreign Railway Shares, Lombardo-Venetian
re
nlaius at 10k to 161 Great Luxembourg, 12 to
121.
llolonial Government Securities are in moderate
utest. The following are the current rates :
Canada 6 per Cent., 102 to 104 ; ditto 5
Per Cent., 90 to 92 ; Mauritius 6 per Cent.,
: to 104 ; New South Wales 5 per Cent., 99 to
°1 ; New Zealand 6 per Cent., 110 to 112 ;
Queensland 6 per Cent., 106 to 107 ; Victoria 6
Per Cent.. 112 to 114.
o; Lank Shares are dull, but the only change is a fall
51 in Alliance. The following are the quotations :
Agra (A), 11 to 12 ; Alliance, 10i to 9k dis.; Anglo-
-41 to 51 prem. ex div. ; Chartered Mer-
rl"le, 28 to 29 ex div. ; Consolidated, 4g- to 4/ ;
Penal, 17 to 18i ; Imperial Ottoman, 1i to
Liti Prem. ex div. ; Loudon and County, 4%. to 50-i;
London.4,on and Westminster, 69 to 70 ; do. New, 42i
; London Joint Stock, 32 to 33 ; Union of
n
.r,eo, 33 to 4.
vet,'
,1,41 Minin3ff Shares are-without movement. St.
todel Rey is quoted at 11 to 20 ; Port Philip,
910 Chontales, 2to 24. ; Rossa Grande, 7-16
ill-Miscellaneous shares are quiet, but without change
Let rjriees• Anelo-Arnerican Telegraph is inquired for
211 to 0-113.. Atlantic Telegraph Eight per
-
i'„unt', 44. Co 4' ;
1 Atlantic and Great Western
toVgage Bonds, 351 t to 364- ; Hudson's Bay, 141
; London General Omnibus, 11 to 2.
dal::'ee were no gold operations at the Bank yester-
Ociy) dividend or 'the London and St. Katherine
j;4: for the past half year, as in the corresponding
,711711de osfuleBz67, is 30s per cent.
Canal Company has issued the pros-
roactltus,,of the lottery loan for the completion of the
fr.Vrawnocohiull2o,o2o,ooo francs, or £5,000,000 sterling.
thousand obligations are offered of 300
oor._
bi(ientlti;rriyeiindbraulrysintbglse, in fifty years at 500 francs,
the two first to take place
,„`,llle 15th September and the 15th December next.
francs obligations are to be paid for at the rate of 500
tw,, if paid up in fall, less of 25c. interest for the
quarters ending July 1 and October 1 ; and at
°"0 francs if paid for in instalments of 100 francs
f°,!liii,sensb.soription, 100 francs in November, and 100
tb(iar.er in
March
bet.nex They will be made out to
a_nd will quoted on the Paris Bourse.
each obligation will bear 25 francs interest. The
subscription will be kept open until the whole series
are taker).
„. An interesting table of the bullion movements in
London on foreign aceonnt during the last six months,
prepared by Messrs. Pixlaely, shows a considerable reviv Abell, and Langley,
with this time last yeaarn. of activpiootfrytsxas compared
iTnchreeaseex
being an tto
£10,169802, being
alid_ the imports to £15,283,910, 4ai
e4uansle2B44
z4,509,12a We have thus retained in this country,
In six months, no less than £5,269,782 of the
arrivals.
TbiAccounts from Odessa to the 27th ult. give more
r,l;vourable accounts of the prospects of the grain crops,
l_li,ooltemperature was lower, and refreshing rains had
e4ol_l ), which had completely changed the face of the
firfltrY• All the markets remained comparatively
de' er, At Marseilles on Tuesday prices were a shade
RaTph_ve traffic receipt of the Great Southern of India
a3r, for the week ending April 4, has shown an
perieoaaseofolfB.£637l.B, as compared with the corresponding

BRITISII FUNDS—TWO O'CLOCK.
3
qOVERNNIEXT FUNDS.
D Der Cent. Consols -
3 itto for Account, Aug. 6
I,..Per Cent. Reduced 941 I
Now 2 per Cent
.&
I)°. 5 per Cent. d an. 1873
Do,illie 30• sth Jan., 1880 —
Do , Yrs, expire
for 30 yrs, expire sth April 1885....
b
(Rod Sea Tele6raph), Aug., 1908 —
pm
lioluer Bills, £l,OOO, 2 per Ct —
Do.
--• 17
Do
~
114,,,,.* £lOO & £2OO ..,--, of England Stock, 1,1 per Cent —
•'-'O. Account
Aci.I.ZaAN GOVERNMENT SECURITIES.
xd
12,1!'-toCir, 10i per Cent., AprillB74.
13". Opening, for Account
114 i 1 1 1.,P 1,, 8
hi). 6 per Cent. July, 1880 -.0•1 per Cent., Oct. 1888
Dl-10. Certificates —
o I.
I,_• -c•tfaced Paper,' per Cent
il .°: 5 Per Cent, J. 1872
Do 61 per Cent., May 1879 —
° 6 Per Cent., Rup. Deb. 1872 —
Do.
1877 —
do. h Do
1882 —
a, , r, do.
121 ' nob, 5 per Cent., Aug. 1873
Bonds, per Cent., £l,OOO
...., pm
"o• under .tl,OOO
FOREIGN FUNDS
Arge,,,.
4,l,t,,'.'ine Repulse P
—TWO CLOCK.
Brni.tilliria 13()pnadrs,c5enpter Cent. 1859
xd
N 0: li Per Cent., 1852 —
Do,b o_ 1858
do 1860
A ~
66
bd. q°•/ 1863
6 Per C t 186 -
ii,•. on ~ a
771
13
,_ Account ........................
,1,,..)4051yres 6 per Cent —
0 ,i? 2 per Cent. (Deferred 3 per Colt '
(; 0$ 6per Cent.
ilia,
102 i
'1) 4 Per Cent
o°' 4i Per Cent
0. 6 per Cent. B . •
1)0
~
031
, ~ 1867
','",°, 7 Per ,Cent., 1866
Do c,
0 ) ;',,,'?eP £
32 paid
Lpi„Zia,;', G per Cent
id
B ~,,',": °P •r Cent , 1825 .
' "'an Princ. .' • ""''''
Cent —
100 8 ipabties, I per
toil. i per Cent., 1867
1340.Q7 IN:;zerCt
joe%otlidated, 1 per Cen• . 13i 14
Yptian 7 ,
••• --
t s flcond issue BOl ..• 4.
' £s')() Bonclß
0. £IOC Bonds
r),,
Do 1881
Arzeoutat