The Sun.
London, England, 1870-08-18 00:00:00

THE CORPS LEGISLATIF.

Count Palikao, in the Corps Legislatif yesterday, said :
—" We have obtained a slight success, the importance of
which I do not exaggerate, but the Prussians have been
repulsed. They have lost from 1,200 to 1,500 men. This
is a little success which will restore hope to Alsace and
Lorraine." He asked that the Chamber should adjourn
till the next news came. NI. Pinard supported him, but
on the motion of M. Gambetta an immense majority
resolved to meet to-morrow.

Prince Napoleon, contrary to the desire of the Empress,
has sent his children to Prangius. He has also, it is said,
sent away all his valuables from the Palais Royal.
De Choiseul, deputy, yesterday morning arrested on
the Place Beauvais with his own hand a person wearing
French uniform whom he suspects of being a Prussian
spy.

It is related that at the battle of Woerth an officer of
Curassiers had his head carried off by a ball. Notwith-
standing, the body remained upright for a short time, and
for about 100 metres the decapitated horseman appeared
as if he was charging the enemy.
The Figaro has opened a subscription for the purpose of
presenting a sword of honour to General M`Mahon, whose
recent defeat it regards as one of the most brilliant
achievements in the history of France.
The special correspondent of the Frankfort Gazette at
Woerth writes :—" We have won a 'ictory, but a very
bloody victory. Since Saturday there has'been a complete
want of provisions here. Epidemics may be expected.
The air is poisoned with the thousands of dead bodies
which are scattered about. A few hot days and cholera
and typhus will kill those whom war has spared. Each
wounded man has received what he required, but only
what was absolutely necessary. The number was too
great. I know that Germany has given much, but still
not enough. Another battle, and the wounded will have
nothing."

lIHE MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx.

FALL IN THE BANK RATE.

The Bank rate of discount was to-day fixed by the
directors of the Bank of England at 44 per cent., being a
fall of 1 per cent.
Consols are now 914 to 914 for money, and 914 to
911 for account ; Three per Cent. Reduced, 914 to 914 ;
New Three per Cents., 914 to 914 ; India Five per
Cents., 110 to 1104; ditto Four per Cents., 1004 ;
Metropolitan Board of Works, 34 per Cent. Stock, 924 to
924.
In the Foreign Market Brazilian Bonds of 1865 are
914 ; Egyptian Seven per Cents. of 1864, 83 to 85; ditto
of 1868, 744 to 73i ; Spanish of 18e7, 261 to 262 ; ditto of
1869, 25} to 26 ; ditto. Quicksilver, 71 to 73 ; Peru-
vian, 86 to 854; Turkish Five per Cents. of 1865, 43 to 434;
ditto of 1869, 56 to 57 ; and Five per Cont. Italian of
1865, 77 to 82.

The Railway Market--Metropolitan are 64 ; Great
Eastern 341 to 341 ; London and Brighton, 37i to 38} ;
Caledonian, 73-i to 74k; South-Eastern, 69} ; Manchester,
Sheffield, and Lincolnshire, 41i ; Great Northern, 117 to
119 ; ditto (A), 126 ; North Eastern, 1391 ; London
and North-Western, 1261 ; Midland, 1261 ; Lancashire
and Yorkshire, 130 ; Great Western, 66}.
Canada 'Six per Cents. are quoted 1051 ; New
South Wales Five per Cents., 101 to 1001 ; New
Zealand Five per Cents., 98f to 991; Queensland, 1071;
Victoria Five per Cents., 1001 ; and ditto Six per Cents.,
1121.

In Bank shares Alliance are quoted 13 to 14 ; Anglo-
Austrian, 22 premium ; Chartered Mercantile, 27 ;
Consolidated, prem ; Imperial Ottoman, 12; London
and County, 48i ; London and Westminster, 59i; Lon-
don Joint Stock, 34 ; and Union of London, 35 37.
The Paris advices state that the 30 days' legal interval
granted for the payment of bills has created great incon-
venienee to the principal banking establishments. The
Soci6t4 Gendrale and the Comptoir d'Escompte are
said to be most affected by the law, and the shares of the
former have fallen 10 per cent, since its enactment. The
firmness of the Bourse yesterday at the close was conse-
quent on the report of a French victory. Lombard and
Austrian railway shares have been in great demand for
the German markets, and advanced 3 per cent respec-
tively. As much as 3 per cent., or at the rate of 72 per
cent, per annum, was paid for the loan of these shares for
a fortnight, speculators having sold largely beyond their
power of delivery, and transactions being limited.
A prospectus has been issued of Warsop's Aero-Steam
Company (Limited), with a capital of £30,000 in shares
of £lO, for the introduction of the aero-steam pump,
which, when applied to marine boilers, is stated to effect
a considerable economy of fuel and to prevent scaling and
incrustation, thus lengthening the duration of boilers and
lessening the risk of explosion.
A prospectus has been issued of the Steam Road-
rolling Company (Limited) with a capital of £5,000
in shares of £l, for the introduction into general
use of heavy steam road rollers for consolidating mac-
adamized and other roads. It is proposed to let
such rollers to parishes where they may be desired,
or to contract for the performance of work. It may be
hoped that the management of this undertaking will be
such as to leave parochial authorities without any pretext
for the continuance of a system of roadmaking that has
long been a scandal to the metropolis.
At the meeting of Braby and Co. (Limited) yesterday
a dividend of 5 per cent. for the half year was adopted,
£l,OOO being added to the reserve fund, and £3,868 carried
forward.

The report of the Langham Hotel Company (Limited),
to be presented on the 26th inst., recommends a dividend
at the rate of 10 per cent. per annum, which will absorb
£4,159, and leave £5,838 to be carried forward.