The Sun.
London, England, 1870-07-23 00:00:00

SPORTING INTELLIGENCE.

• LATEST BETTING AT THE WEST END.
R4Y, Mnight.
In no particulars were the night's proceedings at id
variance
with the day's price list, nor could we find any fresh animal
that was backed for more than a few sovereigns for the
Stewards' Cup. Toby seemed in better demand perhaps
than any other for the Stakes.

CITY. BETTING—FRIDAY.
STEWARDS' CUP.
9to 1 agst Tabernacle (taken)
100 to 8 agst Albuera, (taken and offered)"
100 to 7 agst Vandenhoff (offered)
100 to 6 agst Ida (taken)
100 to 6 agst Heather Bell,(offered)
25 to 1 agst Lady Sophia (taken)
25 to 1 agst Moorlands (taken)
25 to 1 agst Bosworth (taken)
25 to 1 agst Knutsford (taken)
•
30 to 1 agst Adelaide (taken and offered)
33 to 1 agst Hawthornden (taken)
33 to 1 agst Typhoeus (taken)
33 to 1 agst Lord of the Valley (taken)
40 to 1 agst Podesta (taken)
1000 to 20 agst Maid of Athol (taken)
GOODWOOD STAKES.
sto 1 agst Capitaliste (taken and offered)
Bto 1 agst Toby (offered—take 100 to 12)
9to 1 agst Indian Ocean (taken)
10 to 1 agst Prince Henry (offered—take 12 o 1)
10 to 1 agst John Davis (offered)
100 to 7 agst Miss Sheppard (taken)
100 to 6 agst Paganini (offered—take 20 to 1)
20 to 1 agst Sweet Sound (offered)
100 to 3 agst Chivalry (taken)
50 to 1 agst Sulphur (taken)
PLACE BETTING.
25 to 10 agst Toby (taken)
3 to. 1 agst Miss Sheppard (taken)
,6 to 1 agst Paganini (taken)
GOODWOOD CUP.
70 to 40 agst Sabinus (taken and offered)
sto 1 agst Siderolite (offered)
sto 1 agst Pero Gomez (offered)
ST. LEGER.
2to 1 agst Kingcraft (offered)
Bto 1 agst Palmerston (offered)

BELTING AT MANCIIESTF,R—TituRsDAY.
STEWARDS' CUP.
100 to agst Albuera (taken)
100 to 7 agst Badsworth (taken)
100 to 6 agst Lady Sophia (taken)
20 to 1 agst Ida (taken)
25 to 1 agst Tibthorpe (taken)
25 to 1 agst Morphia (taken)
25 to 1 agst Lord of the Valley (taken)
GOODWOOD STAKES.
9to 1 agst Capitaliste (taken)
Bto 1 agst Indian Ocean (taken)
8 to 1 agst Toby (offered)
10 to 1 agst John Davis (offered)
100 to 6 agst Paganini (taken)
100 to 6 agst Miss Sheppard (taken)
100 to 6 agst Prince Henry (taken)
100 to 6 agst Sweet Sound (offered)

GOODWOOD CUP.
5 to 1 agst Pero Gomez (taken)

KINGSBURY MEETING-FRmAy.

Way-Down-Harroway-Plate. Three-quarters of a mile.
Mr 11. May's Hammerton, by Colsterdale—Greylock,
5 yrs, lOst 71b (in 51b ex) (W. Reeves) 1
Mr Porter's Emerald, 4 yrs, list (Mr. Boyton) 2
Mr 0. Perry's Royal Princess, 4 yrs, lOst 31b (in 51b ex)
(Mr. Bambridge) 3
• Partisane and Trifle also ran. Won by three lengths.
The Handicap Claiming Race. 'Dane-quarters of a
mile straight.
Mr Beadman's Agnes, by Chevalier d'lndustrie—Hip-
podamia, 3 yrs, Bst 21b . (Clement) 1.
Mr J. Mumford's Romance, 3 yrs, Bst . (Hudson) 2
Mr G. Clement's Maggie, 4 yrs, Bst 21b (Bench) 3
Billy Pedder, Abbotsford, Lady Kew, and Desert also
ran. Nirc n easily by three lengths.
Kingsbury and Middlesex Handicap. Six furlongs and
200 yards, straight.
Mr Sherwood's Thundercloud, by Thunderbolt—
Duchess of Newcastle, 3 yrs, 6st 61b ..... . ...(Rowell) 1
Mr Elyott Bowers' Witchcraft, 5 yrs, 7st 71b (in 71b ex)
(car 7st 111 b) (Butler) 2
Mr E. Rickard's Nelly (h b), 4 yrs, 6st 41b ...(Powers) 3
Derby Day, Surgeon and Red Rover also ran. Won by
a neck.

The Flying Plate Handicap. Half a mile.
Mr Arnold's Zacchwns, by Stockwell—Feu de Joie,
3 yrs, Gst 121 b (Newhpuse) 1
Mr W. G. Bennett's Sunflower, 3 yrs, 7st 121 b

(F Webb) 2
Mr Graham's Glen Rosa, 4 yrs, 7st 101 b • (Hunt) 3
Rodomonte, Contempt, April Morn, Verity, Jersey,
Ambush gelding, Miss Thackeray, Hobson's Choice,
Crawler, Miss Plausible, Two by Honours, Pussy Cat,
Satinstone, Maid of Perth, Fiction colt, Clara "Webster
filly, Luna, and Sour Grapes also ran.
Maiden two year old plate. Five furlongs.
Mr. Wright's South Durham, by Lambton—Georgina,
Bst 101 b Clement 1
Wyatt 2
,Marsh 3

Mr. England's Sir Lionel, Bst 51b
Mr. Hale's Republican, Bst 101 b
Won easily by six lengths.
The Claiming Plate, half a mile straight.
Mr. Haro!d's f by, Grimston—Thais, by King of
rumps, 2 yrs, 6 141 b... Newhouse 1
Mr. G. Crook's Pleasant Girl, 2yrs, 7st 21b... F. Webb 2
Mr. W. Ford's Light Cloud, 4 yrs, Bst 101 b...... Marsh 3
Christine, Actress, Desert, Masquerade, Lazzaroni,
Nellie Grey, and Cantiniere filly also ran.
Won by three quarters of a length.
The Scurry Handicap Sweepstakes, three-quarters
of a mile.
Mr. G. Clement's April Morn, by Caterer, dam by
Annandale—Miss Parkinson, 4 yrs, 9st 21b...Clemen t 1
Mr. Porter'f Hobson's Choice, 3 yrs, 7st 41b . Rowell 2
Mr- Guard's St. Theodore, 3 yrs, 7st 61b Kenyon 3
Contempt, Verity, Expansion, Lady Kew, Fiction c.
and Oakapple also ran. _

Won by a length.
BETTING ON THE COURSE.
GOODWOOD STAKES.
4to 1 agst Capitaliste (taken)
Bto 1 agst Toby (taken)
12 to 1 agst Sweet Sound (taken)
50 to 1 agst Prince Henry (offered)
STEWARDS'
.CUP.
14 to 1 agst Tabernacle (taken)
20 to 1 agst Maid of Athol (taken)
20 to 1 agst Albuera (taken)
20 to 1 agst Badsworth (taken)
20 to 1 agst Allbrook (taken)
25 to 1 agst Vandenhoff (taken)

GOOD \VG

'OD RACES.

The Goodwood Cup, value
tion of 20 sovs each; h ft.
subs. (Weights calculatec
Age st lb
Knight of the
Garter 6 9 10
Pero Gomez ... 4 9 7
Brigantine 4 9 3
Siderolite
Border Knight 4 9 0
Starter ...
Morna
Sabinus
Champion ...... 3 7 7
Muster

100 Boys, added to a subscrip-
Two miles and a half. 33
[ up to July 21.)

Age st lb
Nornianby 3 7 7
Recorder
Musket
Chawbacon
Bonny Swell 3 7 7
Sweet Sound
Patd
Sunshine
Hester ......... .. 3 7 3
Restitution
Argyle

Havre races take place on
grand meeting is expected.

he 24th and 25th of July ; a

GOODWOOD STAKES.—Capitaliste left Chantilly on Wed-
nesday last for England. Cerdagne and Satanstoe, en-
gaged in the Stewards Cup at Goodwood, left Compiegne
on Thursday.

STOPPAGE OF MORPETH RACES.—The Duke of Devon-
shire, acting trustee for the Earl of Carlisle, has refused
to allow the Morpeth race committee to hold a meeting on
the famous racecourse at Cottingwood. There will,
therefore, be no races at Morpeth this year ; but applica-
tion is to be made to the town council for leave to hold
two days' meeting on the common in April next.—Northern
Daily Express.

The Italian brig Carolina was burned on the
26th of May, whilst on her way from Genoa to Buenos
Ayres. Some of her passengers and crew were rescued,
but 130 were missing.

About eleven o'clock yesterday, an explosion of
detonating powder took place in one of the departments
of Woolwich Arsenal, by which one man was so seriously
injured that his recovery is rendered doubtful.

ROYAL ARSENAL, WOOLWICH.—The Continental
war is leading to gradually increased activity- in the
manufacturing establishments in Woolwich. The gun
factories have an order for the manufacture of 50 bronze
muzzle-loading nine-pohnder field guns, and overtime
is being made in the carriage dopartment, and girls
and boys taken on in the cartridge department. Little
or nothing is doing at Woolwich in the way of re-
cruiting.
The thirteenth report of the Inspector of Reforma-
tory and Industrial Schools in Great Britain was issued
yesterday. It states that in the past year the cost per
head for the English boys' schools was the highest at the
Hants Reformatory. The cost per head for the English
girls' school was the highest at the Warwickshire Refor-
motory at Coventry. -he number of offenders, boys and
girls, under 16 years of age, in England and Wales in 1870,
is recorded at 10,314, as compared with 8,029 in 1860.
INTERNATIONAL ExuiriTioN AT CORDOVA.—We
are requested to state that goods intended for the Inter-
national Exhibition to be held at Cordova in October
next, by decree of the Government of the Argentine Re-
public, should now be immediately despatched from this
country in order to be in time for the opening. Tlie
necessary documents to ensure admission duty free, to-
gether with particulars as to shipments, &c., can be ob-
tained from Messrs. J. M. Johnston and Sons, of Castle-
street, Holborn, to whom any further applications for
space must be addressed.

MONETA

STERDAY.

The improved feeling recently alluded to as charac-
terising the various stock markets, has been more manifest
to-day. Confidence is gradually returning, and purchases
for investment are becoming more extended, as the fact
that a most remunerative return is now offered to
investors in such securities as haire been so greatly
depreciated during the last fortnight, becomes
patent. A continuance of these transactions
may be expected, provided, of course, that the
phase of the European difficulty does not become more
complicated, and that the present non-combating
powers continue to maintain their neutrality, therefore
confining the devastation of war immediately to France
and Prussia. The improving tendency to-day has been
evenly distributed, both English and foreign securities
each shewing an inclination to advance. Three further
failures have been announced to-day, making a total of 17
since the commencement of the panic.
Business in English railway stocks has been rather more
extended, but the proportions are still only moderate.
The tendency- however has been decidedly more favour-
able, and North-Eastern, which two days ago was dealt
in at 126, has marked 134; Midland has been done at 123;
North-Western, at 1231; and Great Northern at 124.
North Eastern shews a rise of 3, and Caledonian of 1.
Indian railway stocks have been firmer, and East
Indian have recovered There has been very little in-
quiry for Canadian shares, and foreign have been dealt in
to a very moderate extent. Recife and San Francisco
have fallen
Bank shares have been quiet and without movement.
Telegraph shares have commanded but little attention,
and Falmouths have been rather easier. In miscellaneous
securities the business doing has been only moderate.
At a meeting of the Bank of Otago, it was shewn that
there was a net profit of £12,416, the whole of which was
placed to the credit of suspense account.
At a meeting of the Red River Land and Mineral Com-
pany an interim dividend of 1 per cent. was declared.
The sum of £290,000 has been withdrawn from the Bank
to-day.
Bills are rather more negotiable to-clay, but the quota-
tions are still unsettled.
The wheat trade at Mark-lane to-day, opened firmly at
full prices ; but at the close some, difficulty was experi-
enced in reaching Monday's rates.
The Consol Market has been steady to-day, and a
further recovery of per cent. has been established. The
Government, broker has to-day bought £78,000 Reduced
on account of the Commissioners for the reduction of the
National Debt. Consols at one time to-day touched 90k,
but the price subsequently receded to 90 to 90} for
delivery and the account. Reduced and New Three per
Cents. 90} to 901 Bank stock has marked 232 to 234.
Exchequer Bills, 2s. to 6s. prem. India Five per Cents.
have been done at 110 to 1101, and India Bonds, 21s. to
265. prem.

There has been a continuance of purchases in the
foreign bond market, and a hardening tendency has in
consequence been imparted to prices. Russian and Ar-
gentine have been in request, but the principal transac-
tions have been in Spanish, Turkish, Italian, and Egyp-
tian. The Honduras loan has been firm, at 1 to 2 prem.
Italian (1861), have risen ; Spanish (1867), ; Turkish
Six per Cents (1865), 1; ditto Five per Cents, n ; and
ditto (1869), United States Five-Twenty Bonds are
1 per cent. better.

The Shipping Gazette states that advices from Glasgow
state that Mr. Ain is reported to have stopped payment.
The amount involved is variously estimated at from
£250,000 to £500,000. Following upon his suspension,
and as the immediate result of it, Messrs. Refeinstein and
Baird have had to call a meeting of their creditors, and
their estate, it is thought, will be wound np. Another
firm of metal brokers era said to be in difficulties from
the same cause. Messrs. Lawrence, Hill, and Co., Port
Glasgow, have stopped payment with liabilities of about
£25,000. The assets are said to be large.
It is stated that the liabilities of Mr. Henry Todd
Naylor, of Liverpool, whose suspension took place some
days since, are about £BO,OOO, and it is said that since
January 1 ;his losses on cotton have been upwards of
£50,000.

The directors of the Brazilian Street Railway Company
recommend a dividend at the rate of 12} per cent. per

annum.

Notice has been given that the committee of bond-
holders of the Bay of Habana and Matanzas Railroad
Company, first mortgage loan of £250,000 (1861), and third
mortgage loan of £400,000 (1865), on the Bay of Habana
and Matanzas Railroad, and first mortgage loan of the
Colin() Railway, have directed that the funds remitted by
the Bay of Habana and Matanzas Railroad Company on
account of the overdue coupons on the loan of £250,000
(1861), due 17th June, 1869, 15th December, 1869, 15th
June, 1870, as well as those of the first mortgage loan of
the Coliseo Railway, £400,000 (1865), due 10th June, 1869,
10th December, 1869, 10th June, 1870, shall be forthwith
distributed in accordance with the recommendations of
Mr. E. M. Underdown, approved at the meeting of bond-
holders, held at the London Tavern on the 21st June
last. Accordingly holders of coupons of 1861 will receive
payment in full of coupons due to June and December,
1869, and 30 per cent. of coupons due June, 1870, and
holders of coupons of loan of 1863 will receive 23i per
cent. of the amount now due (lees 5 per cent. retained to
meet expenses of the committees) on the 27th
of July next, at the Counting house of Messrs.
J. Henry Schroder and Company, 145, Leaden-
hall-street. The coupons must be delivered up to
Messrs. J. Henry Schroder and Co., who will hold them
in trust for the bondholders until the final payment of
their claims, and certificates will be issued in respect of
the unpaid balances, which balances will bear interest
from the 15th of June, and 10th July respectively. The
coupons must be left two clear days for examination
before payment can be made.
The discount market has been fairly supplied with
capital. There has been a good demand for accommo-
dation, and three months' paper has not been
negotiated under the Bank rate. Six months' bills have
been charged 4 per cent.
The Bank of France has raised its rate of discount to 4
per cent.

Messrs. Pixley, Abell, Langley, and Blake thus re-
port on the state of the bullion market :—Gold.—The
market has been in an unsettled state during the week,
and as the imports have not sufficed to supply the orders
for abroad, about £530,000 in sovereigns and bars have
been withdrawn from the Bank for the Continent ; on
the other hand, £114,000 have been sent in. The total
imports are £55,920. The Australian mail is bringing
£530,000, most of which is on English account. This will
be due here about the 20th of August ; the Great Britain
has sailed from Melbourne with £80,740 for this country.
Silver : There have been large orders for silver for the Conti-
nent, and the price suddenly advanced to 611 d. per ounce
standard ; in the present unsettled state of affairs, how-
ever no price can be relied upon as indicating the
tendency of the market. The City of Brooklyn has
brought £69,000 from New York, and the Seandinavian
£52,400 in silver coin from Quebec.—Mexican dollars :
The Allemania has brought £10,500 from New York.
Although this coin improved in price to 60d, per ounce in
sympathy with the sudden rise in bar silver, it was only
for a short time, and we cannot now quote any nearer
price than 59id. per ounce.
The directors of the New Zealand Trust and Loan
Company (Limited), recommend a dividend of ss. per
share, being at the rate of 10 per cent per annum.
The following from the Levant Herald, of the 13th
inst., refers to the late excitement on the Constantinople
Bourse

Panic, suspension of payments, and Miele gene-
rale—such has been the local monetary history of the
week. In the memory of the oldest consolidejee no such
smash has been witnessed. After months of unvarying
victory for the " bulls," during which local quotations
have been inflated beyond all precedent and all real
justification, the Franco-Prussian
incident has brought
the inevitable reaction, and with it such a fit of wild,
unreasoning alarm as would be extravagant if actual
war had been proclaimed. So great has this been,
that yesterday at noon the Khan was closed with
a view to arrest the storm at its then stage, but the
effort has been only half successful. Thou gh the doors
have been kept closed to-day, the panic has in no way sub-
sided. This time the fall in General Debt has not been
measured by paras or even by single piastres, but by 4,5,
and even i piastres at a time, with the result
altogether of a fall of nearly 11 piastres on the price
of this day week—to 47p. as against 57 28-49
or, reckoning the value of the July coupon, which
was detached yesterday, a net fall of about 8 p. on the
quotation of Tuesday last. The consequence, as we have
said, has been a general suspension of payments—the
large and wealthy gamblers being the first to make
default, sheltering themselves behind the pretext that
the operations done by their usual brokers—themselves
men of straw—have been for the personal account of these
latter, to whom claimants for settlement must accordingly
look. As these gentry are of course influential with
the Bourse Committee, they have asked for and
obtained a " compensation " price, for a com-
promise of their losses, and this was yesterday fixed at
47k, but up till this afternoon few of the defaulters have
settled even at this figure, hoping that to-morrow's tele-
grams may bring better news and with it a recovery be-
yond this minimum figure. In the meantime, rumour
estimates the total losses at considerably above a million
of liras. One Jewish house is said to have sunk sixty
thousand pounds, but its chief has absconded, api his
example has been followed by several minor sufferers,

LONDON ST

E.-FRIDAY.

LATEST PRICES.—AFTER OFFICIAL HOURS
The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

Three per Cent Consols. 90 901 Brazilian, 1865, 5p c .... 88 8
891,901 90, I, i. i 85, 7, 6
Do for Account
901, I, 67, 6, 71, 5, 61, 7
Three per Cent Reduced 90 901 Do Rail Deben 7 p .. 89 9
Cent 01 96
New 3 per
891, 901, I, 1 441, 5, 41, 51. 4f
Exchequer Bills, March 2s, 6spin Peruvian, 1865, 5p c .... 82 84
6s par 84, 3, 41
Do, June 2s, 6s pm Portuguese, 1869, 3 p c.. 261 27.
Bank Stock
232, 4 Do Nicolas 4p a
India 5 per Cents llO 1101 631, 4, 3
1101, 10 Spanish, 1867, 3pc
India Bonds 2ls, 26spm 234, f, 41, 31 4/
Can 6pc Jan&JulylB77-84 99 101 Do, 1869. 3p c - 231 24
100 241, 31, f, 41, 4
Do March & Sept. 103 105 Turkish. 1854, 6p c BO 83
Do 5p c Jan & July .. 92 94 82
92 Do, 1865, 5 p c
Do Inscribed Stock .. 93 95 364, 4,7, 64, 71 xd
Dom of Can 5p c 1903 .. 94 94 Do, 1865, 6p c
Ceylon 6 p c May and 55
November 1878 lO7 109 U.S. 5-20 Bonds. 6p c 1882 811 821
Mauritius 6 p c Jan and 824, lf, 21
July 1873 lOl 103 Do do 1885 81 82
New 8 Wales 5 p clB7l-76 • 99 101 821, 2
New Zealand 6p c 1891 lO7 109 Do 10-40 Bnds, 5p c 1904 79 81
Do 5p c
Do 5p c Consolidated 94 96 Erie Sha, 100 dols, all paid 151 16;
95 151
Do 6p c Mar &Sept 1891 107 109 Illinois Central Shares .. 99 10
Do June & Dec 1891 105 108 99, Bxd
Vict 6p c Jan & July 1891 107 109 Atlantic and GW R Con
1081, 71 Mortgage Bonds
DoApril & Oct 1883-85 lOB 110 24, 20
Viet 5p c Jan & July 1894 97 100

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