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

MONETARY REPORTS-YESTERDAY.

The fresh Prussian successes have been favourably re-
garded in commercial circles. The severe defeat received
by the French, coupled with the determination on the
part of the Prussians to follow up their advantage with
their usual ptomptitnde, are taken as signs that the war
cannot be prolonged much longer. Influenced by this,
probability, and also in no small degree by the reduction
in the Bank rate to 34 per cent., the stock
markets opened with a very steady appearance this
morning, and a general advance took place in prices.
Subsequently, owing in a great measure to realisations,
the tone became less firm. A reaction set in, and a por-
tion of the improvement was lost. The market for
Home Securities has been very unsettled. Consols
opened steadily at 921 to 92i ; or, at an im-
provement of 1, but the quotation subsequently fell to
91. to 914 for delivery, and 91i to 913 for the September
account. Reduced and New Three per Cents., 912 to 92;
Exchequer Bills, la to 6s. prem. ; India Five-per-Cents.,
110 to 1101 ; and India Bonds, 12s. to 20s. prem. Colonial
Government securities have commanded but little atten-
tion, and prices have been without change.
The Railway Market was very firm at the commence-
ment of business, and a general improvement took place.
Later in the day the demand was less active, and some
adverse fluctuations took place. Metropolitan is 1 higher,
at 631 to 631; Great Northern (A), 1, at 129 to 130 ; and
North Western, 1, at 1241 to 1251. On the other hand
Caledonian is 4 lower, at 721 to 721; Great Eastern, 1,
at 741 to 751 ; Great Western, 1, at 674 to 68 ; and North
Eastern, 1, at 1361 to 137.
In Bank Shares not much business has been transacted,
Chartered Mercantile of India, London and China, 271 ;
London Joint Stock, 331; London and Westminster, 584
to 591 ; Imperial Ottoman Shares are better, at 1 to
premium.

For Telegraph Shares there has been but little inquiry.
Anglo-Mediterranean, 13} ; British Indian Extension,
6} ; Falmoutbs, 91 to i ; French Cables, 14i to 14i;
Telegraph Construction are I better, at 24 to 24i.

Miscellaneous Securities have been quiet, and without

hange.

Indian Railway Stocks have been dealt in quietly, but
prices have ruled firm. East Indian, 110-1 to 111; Great
Indian Peninsula, 107. Canadian shares have been
steady. Grand Trunk, 13 to 13} ; and Great Western,
14 to 14k. In foreign shares very few transactions
have taken place. Antwerp and Rotterdam, 14k, ;
Lemberg Czernowitz, 16i ; and Lombardo, 15i, 16.
The market for foreign bonds has been steady, and
prices shew an improvement in many instances. Egyptian
(1868) have risen ; Italian Marmmana Railway, 2 ;
Prussian (1865), ; Spanish (1867), ; Turkish (1858), 1;
ditto Five per Cents., ; ditto (1869), ; and Italian
(1861), 2 per cent. American Securities have continued
firm. The Five-Twenty (1882) and 1885 Bonds have
risen and Illinois Central
The sum of £49,000 has been sent into the Bank today.
The steamers which left New York yesterday took out
£70,000 for Europe.
The Clearing House return for the weak ended August
31st., shews a total of £69,307,000 against £69,702,000 for
the corresponding period last year.
The large additions that have been made to the stock of
bullion in the Bank during the week, and the steady in-
crease in the supply of capital have enabled the Bank
directors to reduce the rate, and the official mini-
mum is now 3,1 per cent. In the general market
there is very little inquiry for accommodation, and three
months' paper is taken at 3 to n per cent.
The joint stock banks and discount houses are allowing
2i per cent. at call, and 22 per cent if with seven or four-
teen days' notice of withdrawal.
The £1,000,000 specie remittance from the Government
of India will be due here on the 13th of September. It
is expected to consist entirely of silver, but there are
also large amounts of gold on their way from that
country.

Various amounts of gold or silver are expected from
Turkey and the Mediterranean and nearly all parts of the
world.

It is understood that gold can no longer be sent to Paris.
The sums recently dispatched thither have been detained
for safety at the port of arrival.
Rio advices mention the stoppage of the firm of Messrs,
Teixeira Leite and Nephews, native coffee dealers, with
liabilities for about £50,000 or £60,000. The house had
little business connection with London.

At the half-yearly meeting of the Irish North-Western
Railway Company this week the chairman stated that
the receipts exceeded those of the corresponding half of
1869 by about £5,000. Compared with 1866 there was an
increase of £9,000, and with 1865 of no less than £23,000.
The London and South-Western Railway Company
(says the Western Morning News,) tried on Saturday the
experiment of running a train from Bideford to London
and back, at the fares recommended by the Belgian
Government, viz., one farthing per mile, the far for the
return journey being only 10s. The experiment was
perfectly successful, some 460 passengers, a large portion
of whom were working men, availing themselves of the
opportunity afforded. Mr. Scott, the able traffic manager
of the South-Western, was so pleased with the result that
in addition, he gave to each passenger a free pass from
London to Hampton Court and back.
The traffic return of the Great Northern Railway
shews an increase on the corresponding week of last year
of £2,867 ; the Great Eastern an increase of £636 ; the
Lancashire and Yorkshire an increase of £855 ; the
Caledonian an increase of £2,405 ; the Manchester, Shef-
field, and Lincolnshire an increase of £121; and the Bristol
and Exeter an increase of £486.
The return of the Bank of England shews the following
results when compared with the previous week :—An
increase in circulation of £74,262 ; an increase in public
deposits of £316,515 ; a decrease in other deposits of
£92,892; a decrease in other securities of £116,772; an
increase in bullion of £643,087 ; an increase in rest of
£228,400 ;an increase in reserve of £532,942. The circu-
lation, including bank post bills, is now £24,220,303;
public deposits amount to £5,581,193 ; and private
deposits to £19,936,903. The securities held represent
£32,764,175 ; and the stock of bullion is £20,636,733. The
rest stands at £3,662,509.

LONDON STOCK EXCHANGE.-THURSDAY.

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

GOVERNMENT SECURITIES.

Three per Cent Consols 91/ 921 Brazilian. 1865, 5p c .... 89 90
921, 2,1, 11, 21 90, 89 a d
Do for Account
92, f Do Rail Deben 7 p .. 97 99
Three per Cent Reduced 92 924 Italian, 1865, 5p c
924,4,1 80
New 3 per Cent
92/, 1,1, 2 85*. 64, 51
Exchequer Bills, March 16 pm Portuguese, 1869, 3 p c.. 28 29
Do, June Bl,m 2
16 pm Russian 1862 5 p c.. .. 84 86
Bank Stock - - 841 x d
India 5 pelr Cents - - Do N ico7,las 4p c
01, 10 6 4
Ind a Bond - - Spanish, 1867 3pc
17s. pm 27, 61, 71
Can 6pc Jan&Julyl 77-84 104 06 Do, 1869, 3p c
Do March & Sept. 102 104 26, 4, 51
Do 5p c Jan & July .. 95 97 Turkish, 1854, 6p c B2 84
Do Inscribed Stock .. 94 96 Do, 1865, 5p e
Dom of Can 5p c 1903 .. 97 99 42. 4, 12, 24
Ceylon 6 p c May and Do, 1865, 6 p c -
November 1878 lO7 109 631, 4, 31
Mauritius 6p c Jan and U.S. 5-20 Bonds, 6p c 1882 881 89
July 1873 lO2 104 881, I 1
New S Wales 5 p clB7l-76 100 102 Do do 1885 871 88;
New Zealand 6 p c 1891 lO6 109 881
Do 5p c
Do 5p c Consolidated 97 93 831, 3
974, 1 Erie Sha, 100 dols, all paid - -
Do 6p c Mar &Sept 1891 108 110 Illinois Central Shares .. 1061107;
Do June & Dec 1891 107 110 107, 1
Vict 6p o Jan &July 1891 111 114 Atlantic and GW R Con
DoApril & OctlBB3-85 lll 114 Mortgage Bonds 22 23
113, 12} 224, 2
Viet 5p c Jan & July 1894 100 102
1011