The Sun.
London, England, 1868-06-26 00:00:00

X 0 i‘. X NI A E
y

AND

OrdMEROIAL ti'.47.II.II,LSGENCR,

CITY, Two O'CLOCK.

The Bank return discloses almost exactly the same
features as that of last week. It shows conclusively
that the Bank has lost its command over the money
inarket, for the private securities again exhibit a con-
siderable falling off, while the private deposits have
been reduced in order to employ the money.out of
doors at rates below the official minimum. The re-
serve has felt the effects in a further increase. This
condition is unusual at the close of the quarter. The
Stock. of gold is within a fraction of £23,000,000, and
further large supplies expected from America will add
to the amount. Under these circumstances it is pro-
bable that the question of lowering the rate of dis-
count to 1 per cent. will be decided in the affirma-
tive in the course of next week or the week after.
The following are the principal changes since the pre-
ceding return :

_
Increase in Circulation
Incretise in Public Deposits
Decrease in other Deposits
No change in amount of Government Securities.
Decrease in other Securities . 253;362
Increase in Bullion
.
Increase in Rest 1,327
Increase in Reserve ... ....... 229,281
. Bullion in both Departments ...... ......22,962,931
Reserve in Notes and Coin
Circulation, in Bank Post Bills. 24,153,582
The return of paid clearing for the week ending
Wednesday, June 24, as certified by Mr. George
berbyshire, the chief inspector, is as follows :
June 18, Thursday ... ... £9,108,000
June 19, Friday ... • ... ... 11,075,000
June 20, Saturday ... ... 10,080,000
June 22, Monday ... ... 9,730,000
June 23, Tuesday ... ... 9,805,000
June 24, Wednesday ... ... 8,220,000

Total . £58,018,000
These clearings have not been affected by any ex-
traneous circumstances, such as Stock Exchange set-
tlements, so that they have* been wholly of a commer-
cial character. In this respect the aggregate is
Satisfactory.
The discount demand has increased, though as yet
the market is quiet, and the rate is 1g to 11 per cent;
for the best bills.

The Funds are dull, and the following tw.
,the quotations current :—Consols 94,4 to 94/ for
both money and account. New and Reduced, 94i to
P4ii ;
Bank Stock, 240 to 243 ; India Five per
Cents., 1144 to 115 ; Exchequer Bills, 15s to 20s prem.
With the exception of a further relapse of to in
Italian to 54,i, Foreign Stocks are firmer. Mexican
are quoted 151 to 16 ; Greek, 131 to 14/ ; New
SP•mish, 37$ to 38 ; Italian, 541 to 54i ; Turkish,
39k to 39g ; Peruvian, 854 to 86;1 ; land Egyptian,
82 to 83.

Russian guaranteed Railway Stocks are in demand.
Nicolai, 63/ to 651 ; and Orel-Vitebsk, 821 to 821
The only change in American Securities is fall of a/
in Illinois to 101- ; Greek shares are 451 to 45/ ;
and the 5-20 Bonds, 734 to 73,
• In Foreign Railway Shares Great Luxembur is 1-16
lower at is to 11g, while Lombardo-Venetian is 1-16
better at 15R to 13tct.
Colonial Government Securities are flat at a reduc-
tion of if per cent. Canadian Six per Cents. have de-
clined to 105 ; the Five per Cents. to 93 ; New South
' Five per Cents. to 101 ; and Victoria Five per
Cents. to 112.
English Railway Shares are in very limited re-
quest, but the general tone of prices is a shade
firmer. South Eastern is better at 741 to 741 ;
and an improvement of is established in Midland,
at 1051 to 106/ ; London and North Western, at
114 to 116 ; and Metropolitan, at 111/ to 1111.
On the other hand, London Brighton and South
Coast is lower, at 51i to 52 ; Lancashire and York-
shire steady, at 1281 to 1281 ; Great Northern, 1021
to 103:11 ; ditto (A), 961 to 961 ; Great Eastern, 36g
10 364 ; Great Western, 501 to 50k ; Manchester
Sheffield and Lincolnshire, 42/ to 42Q ' • Caledonian,
'2k to 731 ; London Chatham and Dover, 19i to
20.

sank Shares are very flat, and the transactions
reported are extremely limited. London and West-
nunster shows a further decline of at 70i to 71-i ;
Alliance lower, at 111 r to 10k dis. ; and Anglo-
Austrian, at 51 to 6k prem. ; and Imperial Ottoman,
!it to 1 prem., are each k worse; Agra (A), 11/ to
121 ; Chartered Mercantile, 29 to 30 ; Consoli-
dated, 43. to 5 ; Imperial, 18 to 19 ; London and
County, 50 to 51 ; Oriental, 42A- to 43i- ; London Joint
Stock, 33 to 34; Union of London, 33 to 34.
Finance Shares are without movement. General
Credit is quoted at 21 to 2k dis.; Credit Foncier, 3k
to 31- ; International Finance, 1 to lit dis.; London
Finance, 22 to 20 dis.
Foreign Mining Shares are quiet. Chontales are
again k lower, at 11 to 2 ; but Itossa Grande is 1-16
~Iligher, to 4t prem. ; St. John del Rey, 18i to 19k,
Fort Philip, 11 to 11.
Miscellaneous Securities are very quiet, and prices
generally are without alteration. Hudson's Bay is
steady at 15k to 15a • Anglo-American Telegraph,
21t471- to 21-k ; Atlantic Telegraph 8 per Cent., 41 to
474 ; Fore-street Warehouse, dis. to par ; London
General Omnibus, 2k- to 2R.
There were agaiu no bullion operations at the Bank
VesterdaV.

The Virginia bas arrived with £9,500 in specie
frees New York, and a further sum of £70,000 left
that port yesterday for Europe.
Another arrival of Australian gold is announced—
the Morpesia, with £131,000.
A general court of the proprietors of the Hudson's
nay Company has been called for the 7th July, to
receive the directors' report, and to declare a dividend.
A good deal of rain has fallen on the wheat-growing
uistricts of the Continent, but the latest advices are
to the effect that some days must elapse before a re-
lifible opinion can be formed whether the moisture has
been adequate to the removal of the injurious effects
of the previous drought. New wheat has been shown
in the Paris market from Arles and from Dijon.
At a board meeting of the Grand Trunk Railway,
'n reference to the meeting held on the 18th instant,
lt.uder the presidency of Mr. Creak, requesting the
r,esignation of the board, Mr. Creak is invited to take
the necessary steps for a special general meeting of
bond and stockholders to consider that subject, and
the board will be happy to co-operate in asking for
the necessary authority.
The result of the operations of the Assam Company
for 1837, is a loss of £16,000, so that there is no
dividend.
The report of the Mexican Railway Company for
the year 1867 shows a satisfactory traffic. The re-
? Pints on the Apixaco section for the six months end-
In" 31st December last, exclusive of the Guadalupe
traffic° (3/ miles), amounted to £48,213 2s ld ; the
eost of management and maintenance to £25,340
403 11d, or 52.55 per cent. On the Vera Cruz sec-
tion the receipts for the same six months were
X 29,745 Gs 9d., and the charges £28,125 14s 10d, or
94'56 per cent ; a state of things due entirely to the
mefective condition of the Vera Cruz line.

Messrs. Durant's monthly silk circular states that
LA the periodical public sales which were held on
vv ednesday the quantity offered was about 1,000
bales Bengal, 5,000 bales China, 500 bales Japan,
and 700 bales Canton silk—rather a larger quantity
°f China silk than has been printed for the last year
or two. The proportion of the higher classes was very
8111 all, hence, perhaps, the whole sales commanded
°yeti less than usual attention, and were allowed to
pass
quietly, almost without biddings, many of the
better and more desirable parcels having been sold by
kiTivate contract, and withdrawn from the catalogue.
ile general market is firm and fairly buoyant, and
'us deliveries favourable, leading to the hope and ex-
pectation that the very high prices of European silk
the
beginning to exercise a favourable influence upon
`tie consumption of Asiatic silk.

BRETIBEL FIINDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
8 Per Cent. Consols
Ditto for Account, July 9
Por Cent. Reduced 941 1
Non' 3 per Cent
Nei, 21 per Cent. Jan. 1894
A DO. 5 per Cent.oan. 1873
-•• inuities, SO yrs, expire sth Jan., 1880 —
o. for 30 yrs, expire sth April 1885 —
t,"Po° (Red Sea Televaph), Aug., 1908 —
D '4o`luer Bills, £l,OOO, 2 per Ot l5 20 pm
,
.£500
Do
•
131,1 k of England £lOO & £2OO
Stock, 41par Cent 2lO 2
t/o• Account
~ INDIAN GOVERNMENT SECURITIES.
mtl,ia stock, 101 per Cent., April 1874
-",„0. Account
"0. 5 per Cent. July, 1880
'-',..,15. 4 per Cent., Oct. 1888
Vso. Certificates —
UO. Enfaced Paper 4 per Cent 9ll 1
D°. 5 per Cent., Jan. 1872
r,
-°.
.51 per Cent., May 1879
'''`) 0 per Cent., Rup. Deb. 1872 lO4
Do, do. 1877 —
Do• do. 1882 —
`-'• nob., 5 per Cont., Aug. 1873 ...., —
no Bonds, 4 per Cent., £l,OOO
1)0. under £l,000
FOREIGN FUNDS—TWO CLOCK.
Au
,
A ...)olltille Ropuhc, F per Cent...
iir4+rian. Bonds 5 per Cent. 1859
kilian. 5 per 'Cent — xd
.I)3* 4 por Cont., 1852 _
I ,°. do. 1858....
`-'°• do., 1850 —
1),
bc', _ do., 1863
I,'• per Cent., 1865 —
B ,
`7O Account 761 7
1140341yres 6 per Cent —
etl.3`) 2 per Cont. (Deferred 3 por Cont ) .
o„if,_ GPOr Cent.
116-'4•4 per Cent —.