The Sun.
London, England, 1868-07-17 00:00:00

sip 0
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IYI " -173
A R
T

AND

COMMERCIAL INTELLIGENCB,

CITY, Two o'CLocK

The Bank return continues to show the effects of the
lispersion of the dividends, and of the redemption of
Private securities out of deposits. The result is a
`linker moderate diminution in the bullion and in the
7eserve ; while the securities held by the Bank against
liscounts and advances have fallen to £16,900,000—
in unusually low amount. In other respects the return
presents no feature calling for special notice. Tho
Atanges are such as are incidental to the dividend
period. The following are the most important :
Increase in Circulation
Decrease in Public Deposits
Decrease in other Deposits
No change in amount of. Government Securities.
Decrease in other Securities . 1,508,359 •
Decrease in Bullion ............ ...—.... 365,007
Increase in Rest
Decrease in Reserve
Bullion in both Departments 22,186,535
Reserve in Notes and Coin
Circulation, including Bank Post Bills 25,433,023
• The return of paid clearing for the week ending
Wednesday, July 15, as certified by Mr. J. 0.
ocock, deputy inspector, is as follows :
July 9, Thursday ... .C 11,810,000
July 10, Friday ... 11,268,000
July 11, Saturday ... 10,816,000
July 13, Monday ... 10,146,000
July 14, Tuesday ... 10,987,000
July 15, Wednesday ... ... 22,771,000

Total ".":: £77, 798, 000
rats is within about three millions of the highest
cleating of the year. The returns for several weeks
have indicated an increase of business on the Stock
Exchange, and the present one points to the same
conelusion.
The Discount Market is quiet, at 1f per cent. to
the best bills.
The West Indian Mail Steamer has brought
X 98,000 in specie.
, The steamers which left New York yesterday tor
/2,urope, bring £85,000 in specie;
The English Funds are flat, at a decline of per
Cent. since the unofficial close of last evening. Con-
sols are 94% to 94R- for delivery and account ; New
and Reduced Three per Cents. are 94g to 94k ;
tank Stock, 244 to 246 ; India 5 per Cents., 1142 to
1151 ; and Exchequer Bills, 16s. to 20s. prem.
Foreign Stocks are mostly rather lower upon the
absence of demand. Mexican Bonds are quoted 15i
to 151 ; Greek, 13i to 14 ; Italian (1861), 52/ to
,53 ; Turkish (1865), 40i to 40k ; Spanish, 35f to 35/,
•''gYptian (1864), 83 to 84 ; ditto, Scrip, / to 1/
Ptent• ; Viceroy's Seven per Cents., 721 to 74 ; and
the Nine per Cents., 88. to 89.
-United States 5-20 Bonds are fractionally lower, at
72i to 72a ; Erie Railroad shares are I better, at 44
to 45 ; and Illinois at 9.1 to 95 ex div.
There is very little business doing in English rail-
way's, and prices are just a shade weaker. Lanca-
shire and Yorkshire aro 128 k to 129 ; Midland, 1038
;•!103i_.; South Eastern, 74/ to 74/ ; London and
orth Western, 114 to 114k' Great Northern, 102 f
to in,
`)2l ; ditto (A), 9611- to 97A ; Great Eastern, 38 to
`(3t'; Great Western, -48% to 481 ; Brighton, 52i to
52 ; Sheffield, 40i to 41 ; Metropolitan, 112/ to
1.14 ; Caledonian, 72 to 72i ; and Chatham, 191
Lo
Atlantic and Great Western Railway Debentures
i,tghavelriamproved to 35/, 36i, and the Consolidated
ge Bonds remain at 35/, 352.
Toe Honduras Loan is firm, at 802, 81k.
Great Indian Peninsular ailway New 4 per Cent.
Debenture Stock is 96j, 96.
West Wisconsin Bonds are quoted / to 1/- prem..
, _ln Foreign Railways, Great Luxembourg remains ..
lz 5-16 to 12 7-16 ; and Lombardo-Venetian, 15i to
16k,
c Colonial Government Bonds are steady.
"arla 6 per Cent. is marked at 101 to 103
unto 5 per Cent., 89 to 91 ; Mauritius 6
Per Cent., 103 to 105 ; Now South Wales 5
lerlo Cent., 99 to 101 ; New Zealand 6 per Cent.,
106
to 112 ; Queensland 6 per Cent., 105 k to
; Victoria 6 per Cent., 112 to 114.
Foreign Mining Shares are in little or no request.
Phil John del Rey is quoted at 17f to 18k ; Port
to
to 1/ ; Chontales, 2 to 2/ ; Rossa Grande, f preiu. •
e Bank Shares aro extremely quiet, and with the ex-
e ption of an improvement of k in Anglo-Austrian,
ricks are unaltered. The following are the quota-.
,°ll5 :---Agra (A), 11 to 12 ; Alliance, 10 to 9 dis.;
Hello-Austria, 5 to 5% prem. ; Chartered Mercantile,
to 29 ; Consolidated, 4i to 42 ; Imperial Ottoman,
to Ai Prem. ; London and County, 50i to 51i ;
Loudon and Westminster, 70 to 71 ex div.; ditto
Stock,
47 to 48 ; Oriental, 424 to 43i ; London Joint
otock, 32f to 331 ; Union of London 34 to 35.
In Miscellaneous Securities, Anglo-American Tele-
graph and Atlantic Telegraph Eight per Cent., are
e'tcltl- better, being dealt in at 21 to 21i, and 4 5-16
13 4 7-16 ex div. respectively ; Hudson's Bay unal-
tiered, at 151 to 15,1- ex div.; Atlantic and Great
Western Mortgage Bonds, 35 to 36 ; London General
Omnibus, 2 to 21.
The ordinary general meeting of the City of London
Gas Company has been called for the sth August, to
receive the report of the dirCctors and to declare a
dividend.

The Don Pedro North del Rey Mining Company
t!,tve received a telegram, stating the produce for May
22,719 oitavas, and to 16th June 9,241 oitavas. _
The sum of .£17,000 iu bar gold was sent into the
11mk yesterday.
Adviees from Sydney announce the departure for
London of the Mataoka with £15,000 sovereigns, and
the Wooloomooloo with £15,000.
The report of the Merchant Shipping Company
(Limited), to be presented on the 22nd inst., recom-
mends a dividend at the rate of 5 per cent. per annum,
fr.e of income tax.
toThe report of the Credit Foncier of England for
epast half-vear states that the financial results will
admit of the payment of a dividend, " and, still
more, that they necessitate the writing off, as a loss,
a certain amount of capital. It must, however, be
Clearly understood that these are the consequences of
the mistaken policy of former years, although only
now made apparent, and that they have not been
occasioned by anything that has occurred of late
days." Attention is called to several improvements
which have been effected in the management of the
company's affairs.
The traffic return of the Bombay, Baroda, ana
Central India Railway for the week ending May 23
shows a decrease of £945.
The subscription list for the Alexandra Palace
Company (limited) will be closed on Monday next.
A circular has been issued by Mr. J. G. Bland,
lately connected with Messrs. Nicholson, Corry,
and Co., stating that he has commenced business
as an accountant under the firm of J. G. Bland
and Co.
The following, is the report of the National Discount
Company for the past half-year :—" The directors
refer with pleasure to the annexed accounts, which
B,llow that the gross profit for the half-year ending
'lie 30 has amounted to £91,345 16s 2d ; and that
aftera providing for the current expenditure, directors'
charges,
auditors' remuneration bad debts, and all other
and reserving £20,854 19s for rebate of
terinterest on bills discounted not yet due, there remains
pedivision, including the balance of £1,806 lOs 6d
ght forward from the last account, the sum of
',„1,874 Os 3d, of which they propose to apportion
15.'0,841 to the payment of a dividend at the rate of
earOernent. per annum, free of income-tax, and to
x2rY forward to the next account the sum of
4ty°33 Os 3d. The dividend will be payable on and
'er the Ist August."

BRITISH FUNDS—CLOSING PRICES.
UOVERNMENT FUNDS.
a Por Cent. Consols
3 Ditto for Account, Aug. 6
i
94i 4
Newryelit. Reduced
941 f
New 2 per Cent
_
r 2} per Cent. Jan. 1894
_
A —°. per Cent. .; an. 1873
inuities, SO rs, a ire sth Jan., 1880 —
Do. fur 30 Yrs, exepipre sth April 1885 —
t,..1)? (Red SeaY Telegraph), Aug., 1908 —
Pn
.
"r?'lotltier Bills, £l,OOO, 2 per et
fl
-UO.
--
£5OO
71
bo.
--.
13 1- £lOO & £2OO
246 5
3',,11K of England Stock, 41 per Cent
'-'O. Account
Inii:INI%A.N GOVERNMENT SECURITIES. _
212
-siiDl.B°ekllo4 per Cent., April 1874
O Polling, for Account
115 141 151
00. 5 Per Cent. July, 1880
105
,-,°. 4 poz. Cent., Oct. 1888
"0. Certificates
D 0
911
0 • Enfaced Pape, 1 por Cent
1051 1
,°: 5 per Cent Jan• 1872
.0, 5, ~ • •
„,
Do
I per Cent., May 1b79 llO
''''° 5
Do©r Cont., Rup. Deb. 187') —
v°Do
1877
do.
I' n,,; do. 1882 —
12;_t-•
~,,)., 5 per Cent., Aug. 1873
30 Pm
„u [solids, 4 por Cent., £l,OOO
_ p
"0. under .£I,OOU
0
"b.& riti. Zt
iy0iit:.:1111:1RoElpiel Id): lus
,licls-ce
tllll6- iterP: eNCrDeCnSetl7:l:9°.7.l:::•
PRICES.
-1
bi)l' 41 Por Cmt 1857
o.
.0 I. ~
'I • 1858 —
IJ°. d
18 i(
00,
do.,
1:), 5 i, 1863
B 1„) Nr Lout., 1865 —
IL0?,_0 Account ........ ...
sslyres 6 per Cent —
Qq., z Per own. (Deferred 3 per Cont —
u ?, 6per Cent. ..........
Vum 6 per Cont
Do•,tu°°' 44 per Cent .. ...
6 Per Cent., B ..................................
' 1867
bol 7„ Per ,Cent., 1866
. e,i.ii) £32 paid .... —