The Sun.
London, England, 1870-06-18 00:00:00

THE MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx,

The attendance to-day on 'Change was by no means
numerous, and on the whole business is not so good as
yesterday. Prices for Consols did not give way, but in
the Foreign market the quotations were nearly all a shade
lower. The rate of discount is still three per cent.
for first-class bills.

Consols are now 92+ to 921 ; ditto Account, 92i ;
Three per Cent. Reduced, 92f to 92+ ; New 3 per
Cent., 921 to 92}; India Five per Cents., not ; ditto
Four per Cents., 102+ to 102 f.
In the Foreign Market Italian 1861 are 59+ to 59} ;
Spanish 1867 Loan, 312 to 31} ; do. 1869, 311 to 31+ ;
Peruvian, 911 to 922 ; Portuguese, 34 to 332 ; Brazilian,
91+ ; Egyptian, 82} to 83 ; New Peruvian, to I prem.;
Quicksilver, 21 to 21; Turkish, 1869, 64+ to 641.
In the Railway Market Caledonians are 78 to 78+ ;
Great Eastern, 401 to 41; Great Northern, 123+ to 124+ ;
Great Western, 731 to 731 ; Lancashire and Yorkshire,
133+ to 134+ ; Brighton, 43 to 431; London, Chatham,
and Dover, 15+ to 161 ; London and North Western,
129+ to 130 ; London and South Western, 91 to 93 ;
Metropolitan, 401 to 41 ; Midland, 131 to 131+.
American Five-Twenty Bonds are at 90+ to 901; Erie
Railroad, 191 to 19+ ; Illinois, 113 to 114.
Canada Five per Cents. are quoted 99 to 99} ; New
South Wales Five per Cents., 104 to 105 ; New Zealand
Five per Cents., 991 to 99i ; Queensland Six per Cent.,
112 to 113 ; Victoria Five per Cents (1891), 103* to 1041 ;
ditto Six per Cent., 111+ to 112+.
In Bank Shares Alliance are quoted 141 to 151; Anglo-
Austrian, 14 to 16 prom. ; Chartered Mercantile, 30 to
31 ; Consolidated, 41 to 5 ; Imperial Ottoman, 41 to 5 ;
London and County, 50+ to 51+; London and 'Westmin-
ster, 63 to 64 ; London Joint Stock, .34+ to 35+ ; and
Union of London, 39+ to 40+.

In Mining Shares St. John del Rey are 23}to 24*; Port
Philip, f dial to par. ; Rossa Grande, f to 1 dis. ; Fron-
tino Bolivia, { to 1 ; Don Pedro, 2} to 21 prem. ; and
Anglo-Brazilian, }to * dis. _ _

.
Anglo-Anaerman'Telegraph Shares are 161 to 16i ; British
India, 8k to 8}; China, 31 to 3i dis. ; Falmouth, 9 to
9} ; French Atlantic, 14i to 15 ; Telegraph Construction
and Maintenance are It better, at 252 to 26f.
In Miscellaneous Shares, General Credit are quoted
prem. ; International Financial, 11- 1 dis. ; Hudson's
Bay, 12j 13i, 13 ; National Discount, 11k 12.
A telegram has been received to-day from the
Bondholders agents in Mexico stating there is a prospect
of a partial satisfactory settlement.
The contemplated 6 per cent. loan of £1,034,770 for the
province of Buenos Ayres is expected to be introduced by
Messrs. Murrieta at the beginning of next week at some
price a little under 90.
The Liverpool Journal of Commerce states :—" We un-
derstand that the total liabilities of Messrs. Price, Rey-
nolds, and Thompson, whose failures were announced
some days ago, amount to £123,000, and that, in conse-
quence, five other firms in the provision trade have been
compelled to suspend payment also. The liabilities of
these fire houses are stated to be about £40,000, but as yet
no accurate statement of their assets has been made."

A petition for the winding up of the Langharne Rail-
way Company is to be heard before Vice-Chancellor
James on the 25th inst.

It is announced that the proposals for the reorganisa-
tion of the affairs of the Atlantic and Great Western
Railway Company, so as to place them in the control of
an administration having the confidence of the bond and
debenture and shareholders, through the machinery of a
foreclosure, have already been approved of by a majority
of all classes of creditors.

The Amsterdam Canal Company give notice that the
half-yearly payments of the minimum interest guaranteed
by the Dutch Government will be paid :—On the bends
at 4 per cent. on the Ist July, 1870 ; on the shares at 3}
per cent. on the 15th July, 1870, at the Netherland Bank,
Amsterdam.

The allotment letters of the Roumanian Bridges Certi-
ficates were delivered yesterday.
The Bucharest and Giurgevo Railway is now taking
£5O per mile per week, according to the statement of the
Government agent, by whom the railway is being worked.
The success of this line fully accounts for the advance in
the price of the bonds, which were rendered completely
independent of the mortgage they enjoy, in second place
after that granted to the Iron Bridge Annuity, on the
Government Salt Mines.

Thu annual meeting of the Mysore Coffee Company
(Limited) is called for the 27th inst.
The British and Foreign Marine Insurance Company of
Liverpool have declared an interim dividend for the half
year of 4s. per share, being at the rate-0140 per cent. per
annum.

...____
Buenos Ayres advices to the 16th ult. announce the
failure of two large native wool houses, by which two
English houses suffer to a small amount.

PRINCE JEROME.
Prince Jerome Bonaparte died at Balitmore yesterday.

AMERICA AND CUBA.

The House of Representatives at Washington has
passed the Cuban resolution, and this act is regarded as
an endorsement of the Government polio .

THE ARCHBISHOP OF CANTERBURY AND

THE ECUMENICAL COUNCIL.

A very important correspondence has taken place
between the Archbishop of Canterbury and the Bishop
of Gloucester and Bristol, as to the action which it might
be desirable for the Episcopate of the English Church to
take with regard to the (Ecumenical Council. In a letter
which the Bishop of Gloucester and Bristol addressed to
the Archbishop on the 16th inst., he says --" Many
serious people think it would be desirable that the Bishops
of the English Church should place on record some protest
in reference to the present Council in Rome. I can quite
understand the loyal feeling which might move many to
judge such a course to be expedient. At the same time, I
cannot but feel, first, that if the protest be against the
assembling or composition of the Council, it ought to have
been made long ago when the Council was summoned;
second, that if the protest be levelled against the doctrine
which it is supposed the Council may promulgate, it
would be a protest against a doctrine with which, by the
nature of the case, the Reformed Church of England
can have but little to do. Being in this difficulty
I venture to ask your Grace's counsel and advice." In
his reply, the Archbishop of Canterbury says : " I cannot
as at present advised, persuade myself that it is desirable
for the Episcopate of the Church of England to come
forward and issue a protest against Papal infallibility.
The statement of our Church, as set forth in articles and
formularies touching the claims of the Church of Rome,
is so full and explicit that, as it seems to me, it requires
neither explanation nor addition. The more dignified,
wise, and sober polity for us to adopt, as I think, is to let
Rome take her own course. The Church of England, as
far as I know, has not at present been addressed 133 the
Pope, or his so-called (Ecumenical Council, or by any
person whatsoever, and I cannot see any necessity for us
to go out of our way to put forth a manifesto. I fully
expect that if the supporters to the claim of infallibility
are left alone they will do their own cause infinite mischief
and great good to the cause of truth. lam quite sure that
the English nation does not expect any declaration or
action from us other than by a stedfast adherence to our
old principles, both in our practice and in our teaching.
Neither do I think that tbo great body of Cnristians ex-
pect us to move."

MR. CHIT_,DERS' ILLNESS.---We understand that
Mr. Childers has been urged by his medical attendants to
proceed at once to a foreign watering-place, in consequence
of the indisposition under which he has been for some
weeks suffering not having yielded to *he ordinary
treatment applied to cases of a similar ch.racter. Mr.
Childers will, it is expected, leave the Admiralty either
this day or Monday, and has been recommended to be
absent about a month, otherwise he might become seriously
ill. Mr. Paget has been consulted, and agrees with the
advice which has been tendered. Mr. Childers will again
be in his place in Parliament about the middle of July, if
he derives the benefit which it is anticipated will follow
the course he is about to pursue.—Army and Navy
Gazette.

On Friday a popular demonstration took pace
in the town of Ramsgate to celebrate the decision of the
Lord Chief Justice against the local magistrates, in arecent
case of the " Queen v. Stevens," tried before the Court of.
Queen's Bench, on Thursday last. The expressions of satis-
faction were universal, speeches made, resolutions passed,
generally condemnatory of the local administration of jus-
tice, and more especially of the system of the magistrates'
clerk's salary, arising in a great measure from the fines of
the convicted. The meeting broke up amidst cheers for
Mr. Purcell, the counsel for the prosecution, and Mr.
Welby Pugin, through whose instrument oow the case has
been broualit into the London Condo.