The Sun.
London, England, 1870-09-02 00:00:00

11HE MONEY MARKET

AxD
'0 1111 ERCIAL INTELLIG ENCE.

CITY. Two o'CLocx.

The demand on the Stock Exchange for money has not..
been ncreased by the reduction in the Bank rate, but
rela , ely higher terms are obtained in the general market,
31 t 1 being the price of three months' acceptances.
BotltEnglish and Foreign Government Bonds have a dull
appiaranoe.-.

From the reduction of yesterday Consols have not yet
recovered ; formoneythey are now 91i to 92k; and 92 to 92i
for the 4th of October; New and Reduced, are sog to
91 ex div; Exchequer Bills par to ss. prem ; and Bank
of England Stock, 233 to 235. India Five per Cents., 110
to 1101 ; ditto Four per Cents., 100.2 tololf ; and ditto
Bonds, 10s. to 15s. prem.

Foreign Government Securities are quiet, at last night's
prices. Beyond a decline .of / in Lombarda-Venetian,
there is no change. The present prices are :—ltalian,
49/ to 50 ; Lombardo-Venetian, 15 to 14 ; Spanish
(1867), 261 to 27i ; ditto (1869), 251 to 26 ; ditto Quick-
silver, 72 to 74 ; Turkish Five per Cents., 421 to 43 ;
ditto (1869), 54/ to 54 ; Egyptian, 74 to 75 ; Peruvian,
85 to 87 ; Argentine, 89 to 90 ; Brazilian. 89 to 10 ex
div. ; Greek, 8 to 10; Honduras, 78 to 89; Japan, 96 to
98 ; Mexican, 14 to 14/ ; Portuguese, 28 to 29 ; and
Russian (1870), 83/ to 841.
The Queen Bee, from Otago, New Zealand, has brought
£9,916.

Telegrams from Lisbon mention that the Marquis
d'Avila has accepted the post of Finance Minister under
the new Government formed by the Bishop of Vizeu and
the Marquis Sada, Bandeira. The Marquis d'Avila is re-
puted one of the most able statesmen in Portugal, and the
confidence created by his appointment has caused Portu-
guese bonds on the Lisbon Exchange to advance.
At a meeting of the creditors of Messrs. Straith,
Ripley, and Co., cotton and indigo brokers, an approxi-
mate statement of affairs was submitted, showing, in
round numbers, unsecured claims to the extent of
£20,000, and available assets of the estimated value of
about £5,000. A resolution was unanimously adopted
for winding up the estate under inspection.
The Indiarubber, Guttapercha, and Telegraph Works
Company (Limited) have received the order for the
manufacture of the new cable which the Government
have arranged to lay between Dublin and Holyhead. It
is to consist of seven separate conductors, which will give
a greatly increased power of transmission and will be
submerged in the course of the present year.
The, directors of the London Bank of Mexico and South
America (Limited) have decided to recommend to the
meeting of shareholders on the 20th inst. a dividend of 8
per cent. per annum.

The directors of the Oude and Rohilkund Railway
Company, in consequence of numerous applications from
shareholders for an extension of the period allowed for
taking up the new shares, are about to issue a circular
stating that deposits on these shares will be received up
to the 29th instant, on payment of one month's back
interest.

It is stated that Mr. Alderman Curtis, of Manchester,
has been elected chairman of the Ebbw Vale Steel, Iron,
and Coal Company, in place of Mr. Charles King
Anderson.

Mr. W. Waddell, the liquidator of the Guinea Walls-
end Colliery Company (Limited), has declared a further
dividend of 2s. 6d. in the pound (making together 10s. in

the pound).
Messrs. Louis Cohen and Sons have notified that the
definitive bonds of the Turkish 1869 loan have been ready
for two months, and that holders are requested to ex
change their scrip for them.

MARKETS (This DAY.)
MARK-LANE.

Heaviness has been the feature of the grain trade at
Mark-lane to-day. The supplies have been quite an ave-
rage, and in excess of requirements. The receipts of
English wheat have been good, and a fair supply
has been received from abroad. 3 The demand
has been inactive at Monday's reduced quotations.
Moderate supplies of barley have been on offer. Sales
have progreSsed quietly, at about late rates. Malt has
been dull, on former terms. Oats have been dealt in to a
fair extent, at previous quotations; the supply has been
good. Beans and peas have been quiet and unaltered.
Flour has sold slowly, at Monday's prices.