Show LONDON STOCK EXCHANGE Sudden Drop in Chinese Bonds Upsets Up-sets Number of Loans London July 8The sole concern of the stock exchange is now In China The sudden drop in Chinese bonds during dur-ing the week just ended upset a number num-ber of loans secured by thc lcposit of those securities and forced heavy selling sell-ing of others In order to provide funds to supply lost margins Hence there was a heavy slump all along the I line which lu spite of a subsequent rally left Its liaccs on all the markets con sols losing one point Chinese securities were lower five to eleven points for the week In spite of the fact that the Installment In-stallment of Interest for 1899 was duly paid by Sangaibans Americans have been the best market mar-ket for the week Berlin selling has been offset by New York buying Prices except for Louisville Nashville closed fractionally higher on the wock Mining Mi-ning securities were depressed Rands being I1 down Money was fairly plentiful at 1 to l per cont for call loans and 15i per cent for loans for a wcok Discounts were firm at 250S at 2 9i per cent |