The Sun.
London, England, 1868-07-01 00:00:00

X 0 N y mA , E T

AND

COMMEIICIAL INTELLIGENCE,

CITY, Two o'CLocK.
A less favourable tone prevails in Stock Exchange
business than was the case yesterday, but there is no
quotable depreciation of. prices to cite. The Funds,
however, remain at previous prices, owing to the be-
lief that the surfeit of money must stimulate pur-
chases. Foreign Stocks and Railway Shares are
flat, and many of the leading descriptions are 5 lower.
Among the latter Brighton is exceptionally firm.
Joint Stock Bank Shares are again lower, London
and Westminster being chiefly offered.
Though this is only the first day of the new quarter
there is observable an increase in the money seeking
employment, and the demand is also rather less. The
minimum rate in the open market is, however, main-
ta :led at 1 per cent.
The Funds are without change. Consols are
quoted at 94g- to 941 for delivery, and 941 to 94/
for account. New and Reduced Three per Cents.,
945 to 94g- ; India Five per Cents., 1145 to 115 ;
Exchequer Bills, 13s to 20s prem. ; Bank Stock,
240 to 943.
Colonial Government Securities are steady. The
following are the quotations :—Canada 6 per Cent.,
104 to 106 ; ditto 5 per Cent., 92 to 94 ; Mauritius
6 per Cent., 105 to 107 ; New South Wales 5 per
Cent., 100 to 102 ; New Zealand 6 per Cent., 110
to 112 ; Queensland 6 per Cent., 1085 to 1095 ; Vic-
toria 6 per Cent., 114 to 116.
Speculative Foreign Stocks are being sold upon the
decline in Paris. This morning Peruvian, Viceroy's,
Turkish, Italian, and Spanish are all lower. The
quotations current are :—Mexican, 15/ to 165 ; Greek,
134 to 13/ ; Honduras, par to 1 prem. ; New
Spanish, 361 to 305 ex div. ; Italian (1861), 51 to
514 ex div. ; Turkish, 395 to 39g-; Peruvian (1865),
79 erg9s ex div. ; Egyptian (1864), 81 to 83, and
Vicy's Seven per Cents., 731 to 74±.
In American Securities United States Five-Twenty
Bonds are firm, at an improvement of 4, being dealt
in at 735 to 731 Erie shares are ± lower, at 45 to
46 ; Illinois unaltered, at 101 to 102.
Atlantic and Great Western Railway Debentures
are 28 to 29 ; and the Consolidated Mortgage Bonds,
334 to 33/.
English Railways are irregular. There is a decline
of /in Great Northern, in Midland, and 4in Lan-
cashire
and Yorkshire, South Eastern, and Sheffield,
and f in Great Northern A and London ana North-
Western. On the other hand, Brighton are 4 better,
Caledonian f, and Great Western and Metropolitan
each. The prices are :—Lancashire and Yorkshire,
1275 to 128 ; Midland, 104/ to 1055 ; South Eastern,
724 to 73 ; London and North Western, 1131 to
1141 ; Great Northern, 1015 to 1025 ; Great North-
ern A, 955 to 96 ; Great Eastern, 351 to 36 ; Great
Western, 495 to 50 ; Brighton, 514 to 52 ; Sheffield,
41 to 414 ; Metropolitan, 1105 to 111 ; Caledonian,
715 to 72 ; and Chatham, 19 to 195.
Great Indian Peninsula Railway New Four
ner Cent. Debenture Stock is 96 to 97.
Foreign Railways are without movement. Lom-
bardo-Venetian is inquired for, at 15k to 15f ; and
Great Luxembourg. at 111 to 11k.
In Bank Shares the principal feature is a fall of 1
per cent.. in London and Westminster, which are
quoted at 69 to 70 ; London and County unaltered, at
495 to 50J ; Imperial, 18 to 19 ; Imperial Ottoman,
to / prem. ex div. ; Agra, 11 to 12 ; Alliance 115
to 104 dis. ; London Joint Stock, 33 to 34; Union
of London, 33 to 34.
In Foreign Mining there is little or no business
doing. St. John del Rey remains at 19 to 20 ; Tort
Philip, 15 to 1/ ; Chontales, 1i to 2 ; Rossa Grande,
to 4, prem.
Miscellaneous Securities are without feature.
Anglo-American Telegraph is marked at 21 11-16tht
to 21 13-l6ths ; Atlantic Telegraph 8 per Cent., 4i
to 4/ ; Hudson's Bay steady, at 15i to 15a ; London
General Omnibus, 2 to 21.
£35,000 in bar gold was sent into the Bank yester-
day. According to Messrs. Mocatta and Goldsmid,
the silver market remains in a very quiet state with
no alteration to report in the prices of bar silver or
Mexican dollars. The former is rather flat at present,
but the amount offering is not considerable. The
inquiry for dollars for China, which appeared possible
a fortnight ago, has not developed itself, and they are
therefore purchased by the refiners. The arrivals of
gold from America continue to be on a large scale,
and are forwarded to the Continent ; but the greater
part of the gold received from Australia is taken to
the Dank.
The City of Antwerp has arrived from New Zea-
land with £82,000 in specie.
The ordinary general meeting of the City Bank hat
been called for the 21st inst., to receive the directors,
report and to declare a dividend.
A special general meeting of the Queen's Hotel
Company has been called for the 7th inst., for the
purpose of confirming certain resolutions passed at the
'previous meeting.
A joint-stock company is announced under the
designation of the London, Belgium, Brazil, and
River Plate Royal Mail Steamship Company,
which proposes to purchase and work a postal
concession obtained by Messrs. Tait and Com-
pany from the Belgian Government. The con-
tract has been in operation sufficiently long to indi-
cate its profitable character. The capital is £200,000,
in £2O shares, with power to increase. It is proposed
to call up all the capital within nine months. The
company take over from Messrs. Tait the four
ste steamers prepared by them for the conveyance of the
Mr. Robert Page Kemp, Mr. Alfred Lawson Ford,
and Mr. Richard Waugh Macarthur (the two former
of whom have for many years been engaged in the
ollice of Messrs. Kemp, Canaan, Ford, and Company),
have commenced business as public accountants, at
Liverpool,
under the firm of " Kemp, Ford, Mac-
arthur,and Company." Arrangements have been
made by which they will have the co-operation and
assistance of the firm above mentioned.
l,
and Mr. G. H. Jay has joined the firm of Price, Holy-
, and Waterhouse, accountants.
Mr. Sam Mendel's weekly report is as follows,
dated Manchester June 30th :—" The tone of this
market has become weaker since last Tuesday.
Business to-day is very sluggish, with prices easier
and more pressure to make sales."
The traffic return of the Metropolitan Railway for
tas he week ending June 28 shows an increase of £523
compared with the corresponding week of 1867 ; the
Great Luxembourg an increase of £476 ; and the Oude
and Rohilkund Railway an increase of £331.
A. dividend of 9d in the pound is announced to the
creditors of the Contract Corporation.

BILITISN FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
8 per Cent. Consols .........
, (3l i
Ditto for Account, July •
..............
,43_
4..
per Cent. Reduced
91 1 4
Nev 3 per Cent
Now 21 per Cent. Jan. 1894
_
Do. 5 per Cent...tan. 1873
4. Inuities, 80 yrs, expire sth Jan.,
_1.8.6.0 —..._
Do. for 30 yrs, expire sth April 188_0
Do (Red Sea Tele6raph), Aug., 1908
I--5- Exchequer Bills, £l,OOO, 2 per Ct
71
Do.
£500
DO.
£lOO & £2OO --..—
Bank of England Stock, 41 per Cent 2lO u
Do. Account
INDIAN GOVERNMENT SECURITIES.
India stock, 104 per Cent., April 1874
Do. Opening
212
Do. 5 per Cent. July, 1880
_
Do. 1 per Cont., Oct. 1888
_
Do. Certificates
Do, Enfaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 5/ par Cent., May 1879 —
Do
Do 5 per Cent., Rup, Deb. 1872 —
do. 1877 _
Do.
do. 1884
Do. Bonds, 4 per Cent., 41,000
Do. under £l,000
FORRIGN FUNDS—TWO CLOCK.
Argentine Repubc, 6 per Cent —
Austrian Bonds, 5 per Cent. 1859
Brazilian 5 per Cent
Do. 41 per Cent., 1852
Do. do. 1858.....
Du. do 1860
Do. do:,
1863
Do. 5 per 'Cent., 1865
13 b° Account
uenosAyres 6 per Cent
Clth'Do 2 per Cent. (Deferred 3 per Cent )
Cailiil 6Per Cent.
Doan 6 per Cent
.41 per Cent ..........................
DD. o per Ceut., B ....
D0D0.,0., 1867
7 per ,Cent., 1866 '
~ Scrip £32 paid
CI )1, ffibia„ n. _ .................. _
Dtur "' ° Per Cent. ................. . .
3
~, sh, 3 per Cent 1825 ..
---
aJattoiliga,uep_rincipalities, 7 I:e.r.. Con —.....1 n
1%144 Z. Cent., 1867 ............
Egyptian'4,,BNlT Uonsolidated, •1
per Cent --
DDo, 8 „,aAer,
saneCic t ........................
o. £5OO 80..,..................... —
Do. 4100 Bow,. •
Do. us
1..8. ....
Do.
Account 8.)/ 2
0 Bonds,
-a
Do. .£lOO Bonds ................ :: .......
:
Go vora ille: It t Railway Det;F:n..;;;r:::::1: —
Ulan- per Cent., 1824' 5, ox Coups'
000.. Accounte
......................... . .... ~. . —.....
114).
Ace
e3uot
I
G ktatculala 5 per 63;7'1". ............
II onduras Gov. Rail. Loan lO p. ct.t £25 p
t iliau 5 parent., Cent , 1865. —
Do, Account .:
O. Uttrora luau; ................ ........
litexicaz 3 per Cent . 16/
Ditto for Account .......................................
Do.
1863 ........................
Do 6 per Com. iluelo-Frouch. ......... .. -,