The Sun.
London, England, 1870-05-31 00:00:00

THE MONEY MARKET

AND
*o',ll 111 !MAL INTELLIGENCE.

CITY, Two O'CLOCK.

Business in the Stock Exchange, to-day, has been limited.
The tone of the market in the earlier part of the day was
healthy, and the quotations showed signs of improvement,
but a weakening tendency was afterwards imparted by
a pressure of stocks. The New Spanish Loan (which has
been well received), is quoted at 2f to 3k prem. Consols
have continued steady at 941 to 94f for delivery, and 941 to
941 for July. Reduced and New Three per Cents., 921 to
92f. India Five per Cents. have been easier, at 1131
to 114.

The market for Foreign Bonds opened steadily, but
eventually became weaker in some instances. Spanish
1869'5, after being dealt in at 31, relap ed to 304 ;
and Egyptian, 1868, after making 824, were dealt in at 821
to 824. Turkish and Peruvian also have fluctuated in
sympathy, but Italian have been firm.
The transactions in Home Railway Stocks have not been
numerous, and the tone of the market is quiet. Metropo-
litan Stock is flat at 71 to 714 ; while Great Western Con-
solidated Ordinary Stock is I,' lower on realisations, the
quotation being 734 to 734. Great Eastern, however, shows
a rise of j, at 43f to 431.
The Bon 's of the Roumanian State Railway Loan are
quoted at 1 to 2 prem., the list for which will close to-day.
With reference to the prospectus of the Roumanian State
Railway Loan, Messrs. Glyn desire it t:) be understood that
their connection with the loan is confined to the receipt of
subscriptions on account of the Societe Financiers of Paris,
by whose authority the prospectus has been issued.
The prospectus of the new Spanish 5 per Cent. Loan
on the mortgage of the Almaden Quicksilver Mines has
been issued by Messrs. Rothschild. The amount is to
be £2,318,100 at the price of 80 (representing a
cash total of £1,854,480), and the whole is to be
redeemed at par in 30 years by half-yearly drawings. On
these terms the interest realised by investors will be £74s.
per annum. The allotments extend to the 20th of July
next, and discount at the rate of 4 per cent. per annum
will be allowed for pre-payments.

The receipts for the month of April of the Brazilian
Street Railway Company (Limited), were 18,089 milreis ;
corresponding month last year, 15,470 milreis; increase,
2,619. To May 11th, 8,619 milreis. The monthly ac-
counts not having come forward, the amount of expendi-
ture and profit is not known.
The Money Market continues quiet to-day, the supply of
commercial paper afloat being more limited than for some
time past. The rate for short bills, however, is maintained
at 2i per cent., six months' trade bills being quoted at 3 to
31 per cent. Short loans on Government Securities are
obtainable on the Stock Exchange at 21 to 3 per cont. on
English Government Securities.
The Lagos has arrived from the West Coast of Africa
with £6,500.
The Telegraph Share Market has been somewhat more
animated, but no important change can be noted in values.
Telegraph Constructions are flat at 331 to 332, but Hooper's
remain unchanged at to 1- dis. ; India Rubber Company's
are 44 to 441 ; Anglo-American Telegraphs have advanced
to 164 174 ; Falmouths are quoted at 91 to 91 ; and French
Cables, at 154 to 151
A fair business has been doing in Bank Shares, but Im-
perial Ottoman are flatter, at 14 to 141. Consolidated have
been done at 44; London and Mexican, at '2O ; London
and River Plate (New), 134 ; London and Westminster
641; Oriental, 424 ; Union of London, 40g.
it is announced that the call of £3 on the shares of
Hooper's Telegraph Works (Limited), due in August, will
be deferred.

At the meeting of the Law Fire and Life Insurance
Society the report stated that the sum insured in the year
1869 was £40,877,850, being an increase of £3,691,322 over
1868. The amount of premium received was £47, 49, show.
ing a❑ increase of £4;037. The losses by fire have been
£18,249 ss. Bd., against £17,64 18s. 4d. The excess of
receipts over expenditure for the year was £21,046 2s 3d.
Owing to the suspension of Messrs. Stewart and Co., of
Liverpool, East India merchants, Sir Washington Irving,
who represented them iu Manchester, has also been com-
pelled to stop payment. The liabilities aro said to be large
in both instances.

The Falmouth, Gibraltar, and Malta Cable is expected to
be in working order in about a fortnight, when the reduced
tariff of the British Indian. Submiriue Telegraph Company
will come into operation.

SPORTING INTELLIGENCE.

EPSOM SUMMER MEET NG—THrs DAY.
OW ELECTRIC TELEGRAPH.)
CRAVEN STAKES.

Sunlight
Claudius _ _

MAIDEN PLATE

W.nderer
Miss Penhill f.
Twenty-three ran.
RO U S STAKES.

Thor
Ely Doradot
Semolina

1
2

Ten ran.
IV 0 ODCOTE STAKES.

Caller Ou f
Rambling Katie f
Penguin

Nineteen ran.
H ORTON STAKES.

Cauldron
Days of Yore
Peasant Girl f

MATCH.
The Scout beat The Gift.
HEATHCOTE PLATE.

Perfume .
Pander° .
Belladrum

Six rau.

LATEST BETTING ON THE COURSE.
DERBY. •
700 to 400 ou Macgregor (taken)
7to I aget Camel (taken and offered)
20 to 1 agst Prince of Wales (taken)
20 to 1 agst Palmerston (offered—take 25 to 1)
20 to 1 agst Kiogcraft (offered—take 25 to 1)
50 ►0 1 agst Normanby (taken)
1000 to 15 apt Ely Appleton (taken)
SCRATCHED. - Sunshin and Sunl►ght at 4.39 p.m. to-day.

OAKS.

700 to 400 agst Ilester (taken)
700 to 400 agst Sunshine (taken)
sto 1 agst Pate (taken)
10 to 7 agst Lady of Lyons (taken)
100 to 6 agst Sister to Tomato (taken)

ADDITIONAL ARRIVALS—Tins DAY.

Tornado, Muster, Curio, Johannisberg, Star, Thistle,
Mimus, Worthy, Nightingall, Brother to Tim Bobbin, Alma
Mater, Prince of Wales, Bicycle, Anticipation colt, Bright
Weather, Contempt, Loiterer f, Allusion, and Reflection.