The Sun.
London, England, 1868-07-21 00:00:00

1/10-1111,TY-MARKET

AND

COMMERCIAL INTELLIGENOIC

CITY, Two o'CLocK.

The Stock Markets are all much better, owing to
do increased business. After the recent considerable
'Lae a reaction was certain, and, until it came, the
limider was that it had not come before. The loose
holders now appear to have realised, and the strength
°the market is indicated by the improvement this
nineln some quarters the opinion prevails that
e unusually warm weather will make the holiday
'eas'on more seriously felt than is usual. But we
rather think that the impatience of investors to obtain
Ood rates of interest will make the remaining
asnths of the year busier than is common.
The Money Market is in every respect very quiet.
4tie minimum rate for. first-class bills is 1g to 15 per
crlt• and in the • Stock Exchange advances are
Offered at 1 per cent.
Consols are firm at last night's unofficial close-
-11740 914 to 941 for money, and 914 to 941 for
lecciatit; New and Reduced are 9 I'l to 942- ; India
~,
per Cents., at 115 to 1151 ; Exchequer Bills,
'63. to 200. prem. ; and Bank Stock, 244 to 247.
Foreign Bonds are much better. There is a rise of
iu 'ltalian (535 to 54), Greek (134 to 14), and
.exican (152 to 155) ; Spanish, at 351 to 351,
Turkish, at 404 to 401, are a fraction higher ; EgYP-
hare steady, the Scrip, which yesterday touched 2-
(Ip.•, is now prem. ; the 1864 Bonds are 825 to 835;
lecroy's Seven per Cents., 711 to 721 ; and the
4lue per Cents., 875 to 885; Honduras is 815 to 813;
"nil 5-20 Bonds are 5 better, at 722- to 725.
In Colonial Government Securities, Canadian are
rractionally better. The C per Cents. are 102 to
!„°4, and the 5 per Cents. 90 to 92. New South
vales Bonds are 99 to 101 ; New Zealand 6 per
Cents., 110 to 112 ; Queensland 6 per Cents., 1055 to
1065 and and Victoria 6 per Cents., 112 to 114.
English railways are sto per cent. better all
°lncl. Lancashire and Yorkshire are 129 to 12914 ;
tridland, 1034 to 104 : South Eastern, 74 to 745 ;
Northern,
and North Western, 1144 to 115 ; Great
morthern, 103 to 104 ; ditto (A), 97 to 975 ; Great
Metropolitan,
38 to 335 ; Great Western, 48 to 481 s ;
letropolitan, 1124 to 113 ; Caledonian, 735 to 745 ;
cl6hatham, 19k to Brighton, 54 to 55 ; and
*hefifield, 41 to 42.
Great Indian Peninsular Railway New Four per
Cent. Debenture Stock is 965 to 961.
Atlantic rind Great Western Railway Debentures
4,,r,e 373 to 331, and the Consolidated Mortgage Bonds
°it. to 371. Illinois shares area better, at 96. Erie
Unchanged, at 425 to 434:
t, Continental Railways are steady. Lombardo-Vene-
an, at 154 to 165, are a shade firmer, but Great
tixernbourg• at 124 to 4, show no change.
The only change in Bank shares is a fall of lOs in
Imperial. The quotations are :—Alliance, 10 to 9
13.; Anglo-Austrian, 51 to 65 prem.; Chartered
ercantile, 28 to 29 ; Consolidated, 45 to 41 ; Im-
Perial Bank, 17 to 18 ; Imperial Ottoman, 1 to 15
em.; London and County, 52 to 53 ; London and
estininster, 70 to 71 ; Oriental, 43 to 44 ; the
~.London Joint-Stock, 335 to 344 ; Union of London,
6,55 to 30k.
4 1n Foreign Mines Chontales aro less firm, at 13 to
Rossa Grando are 5 to S prem.; St. John del
175 to 185. ; and Port Philip, 15 to 11.
Among Miscellaneous Shares Finance are rather
lower, the present prices are as follows :—Anglo-
Acaerican Telegraph, 215 to 22 ; Atlantic Telegraph
tI per Cents., 44 to 45 ; Atlantic and Great Western;
lortgage Bonds, 37 to 38 ; Credit Foncier, 22 to 21 ;
,ore-street Warehouse, 5 to 1 prem.; and General
25 to 15 dis.
~3he last days for applications to be sent in for West
vPsconsin Bonds are fixed as follows :—London :
4atiarday, the 25th ; country : Monday, the 27th ;
Qontinent : Friday, the 31st.
There were again no bullion operations at the Bank
uf England yesterday.
The Deutschland has arrived with £51,000 in
BPecies

The West India silver has been sold at the prices
Previously current.
The Manchester Bonding Warehousing Company
'are declared a dividend of 16s per share, £24 paid.
Paris letters state that the subscription to the
gYptian Loan has been entirely covered, and that it
„'vevy popular in tat market. The maitude of
:ue subscription to the Suez Canal Loan is attributed
0 the fact of there being four quarterly drawings, at
!aell of which the first number gains a prize of
'50,000f., or £6,000.
A. commission is now at Nantes inquiring into the
Practicability of constructing a canal from that city to
the sea at the mouth of the Loire.
The Bank of Algeria has been authorized to open a
branch at Bona, where there is a considerable coal-
Puercial population.
The following is the substance of the report of the
lytty Bank for the past half-year :—The accounts show,
znat after paying interest on current and deposit
accounts, and providing for bad and doubtful debts,
the gross profits, including £3,077 4s. ld. brought
forward from the preceding half-year amount to
£41,734 4s. 10d. Provision having been made for
the current expenses and rebate of interest on bills
discounted but not yet due, the directors declare a
dividend at the rate of £7 per cent. per annum, free
of income tax, and carry forward £3,250 2s. 10d. to
the new profit and loss account. The dividend is
payable the 28th inst.
The harvest in France being in full gathering, very
tittle wheat was sent to market last week, and, sup-
Piies'being thus short, holders required terms which
t
•,tleY
le could not obtain in the previous week. Very
.4tbusiness, however, was done. Transactions at
Qalatz, Ibraila, and Odessa, at latest dates, were de-
Scribed as unimportant, buyers holding. Letters from
the latter place give much more satisfactory accounts
of the wheat and rye crops than those received three
weeks back. From Pesth favourable accounts have
ueen received of the Hungarian crops. Rain had
fallen just when it was wanted, and the grain had
e°nsequently greatly improved.
It is stated in communications from Paris that a
group of English capitalists, amongst whom are men-
Lloned Messrs. Capper, Sheridan, Brett, Morris, and
~"',„Ylde, have deposited at the Ministry of Public
works a soumission or proposal for the execution of
railways from Talle to Clermont, and from St. Denis
'es Martel to Aurillac. The subvention required is
56,000,000 f. or £2,240,000.
The large decrease in the Brighton Railway traffic
for the past week—viz., £3,741, is explained by the
fact that it compares with Spithead naval review last
grAar.

'The traffic receipts of the Lucknow and Cawnpore
line of the Onde and Rohilkund Railway for the week
ending the 7th ult. were £502 14s 9d, being an
14creAnsni last year of £221 13s Bcl.

BRITISH FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
3 Per Cent. Consols
Ditto for Account, Aug. 6 - 4
3
per Cent. Reduced 945 1
New 3 per Cent -14 -I 4 4
New 21 per Cent. Jan. 1894
Do. 5 per Cent.. an. 1873
Aunuities, 80 yrs, expire sth Jan., 1889 —
Do. for 30 yrs, expire sth April 1885 —
Do (Red Sea Tole,raph), Aug., 1908 —
Exehoquer Bills, £l,OOO, 2 per Ct 2O 16 pm
Do. £500
Do. £lOO Sc .£200
Bank of England Stock, 45 per Cent 245 6
Do. Account
INDIAN tiOVERNMENT SECURITIES.
ludia stock, 104 per Cent., April 1874
Do. Opening, for Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Pape., 1 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 51 per Cent., May 1879
Do 5 per Cent., Rnp. Deb. 1872
Do. do. 1877
Do. do. 1882
1),... Deb., 5 per Cent., Aug. 1873
Do. Bonds, 4 per Cont., 41,000
Do. under £l,000

FOREIGN FUNDS—TWO CLOCK.
*Tontine Reptile, 6 per Cent...
Au Arian Ronde' 5 per Cent. 1859
Brazilian 5 per Cent — ad
O. q per Cent., 1852
Do. do. 1858.,.,
Do. do., 18,30 —
_ ___

.
Do. do., 1863
Do. 5 por Cent., 1865
~, Do Account 77-
as uenos Ayres 6 per Cent
Do 2 per Cent. (Doferrsd 3 per Cent ) -
C it
ba., 6por Cont.
gulian 6 per Cent —
Do. 41 per Cent —
Do. 6 per Cent., B
Do., 1867
Do., 7 per ,Cent., 1866
Do., Scrip £32 paid
,
).,nibian, 6 por Cent.
D Luisn 3 per Cent., 1825........
D .ttubi'an Principalities, I per Cent 751 4i
Do 8 per Cent., 1867 .. 781
Cluador New (;on.iolidated, 1 per Cent. 111
itgyptiao, 7 per Cent ...
I)e...ecoud Issue .... ................. ...... 791 811
D•'. £5lO Bonds
Do. 1106 Bonds - B3
i to. 1861
Do. Account
Do. 15!10 Bonds B3
Do. £lOO Bonds .... 861 1
GoverntrelA Railway Debentures .... 93 2/
reeli 5 per Cent., 1824 5, ox Coups —
Do. Account
Do. Coupons
Cl; Do. Account -
tateintth 5 per Cent .. —
noudurasGov.Rail.Loan., 10p. Ct., X 25 p 81
Italian 5
per Cent., 1865 —
Do, Account . 7Bl
D. 4. Mareu4aaua RaiwaY. t I , tl. —.