The Sun.
London, England, 1870-08-06 00:00:00

MONETARY REPORTS-YESTERDAY.

In the Stock Exchange to-day business has been almost
entirely suspended. Railway stocks have continued de-
pressed, and the few transactions effected have been at
reduced quotations. Foreign bonds, however, and Eng-
lish Government ,securities have been tolerably
firm in value, notwithstanding that business has
not been brisk. Two small failures have been
announced in the consol market to-day, one
of which is mainly attributable to loss sustained
by the suspension of dealers during the early part of the
panic. It is satisfactory to learn that many jobbers who
recently suspended through the complication of their
affairs, have already paid 20s. in the pound, and will
doubtless immediately resume their places in the market.
The market for English Government securities has been
characterised by an increased amount of firmness, owing
to the disposal of a large parcel of gold to the Bank.
Notwithstanding the firmness in the wheat trade, Consols
have been firm, and per cent. better, at 89 to 89-/ for de-
livery, and 89.} to 89A for September.- Reduced and New
Three per Cents., 89i to 89k; Bank Stock, 232 to 234 ;
Exchequer Bills, par to ss. prem. ; India Five per Cents.,
107 to 109, and India Bonds, 10s. to 15s. prem.
The market for English railway stocks has been charac-
terised by much quietness, and the fluctuations have
again been unfavourable. North-Eastern has risen but
Caledonian has fallen 1, Brighton South-Eastern 1,
Great Northern 1, and ditto A 2.

In Indian railway stocks the transactions have been to
a very moderate extent, and there has been a tendency to
lower rates. Bombay, Baroda, and Central India has
fallen 1. Canadian shares have been dull, and Great
Western have been lower. In foreign shares next to
nothing has been doing.

The market for foreign bonds is rather firmer, but no
important movement has taken place. Argentine 1868
have risen 1, Spanish f, and Italian * per cent. American
securities have been firm, and the Five-Twenty Bonds
have improved I. Atlantic and Great Western Consoli-
dated Mortgage Bonds have fallen 1, and Erie shares *.
Bank shares have been quiet, but firm. Agra have
risen *. More disposition has been shewn to operate in
telegraph shares. Anglo-Mediterranean have improved
f, British Indian Submarine *, and Falmouth, Gibraltar,
and Malta f : but British Indian Extension have fallen*.

Miscellaneous securities have changed hands slowly.
London Financial have fallen.

The German Patriotic Fund in Liverpool has now
reached a total of £4,000, about one-half of which sum has
been sent to Germany for the relief of the sick and
wounded.

At the annual meeting of the Royal Insurance Com-
pany, at Liverpool, a dividend for the year of 10s. per
share, free of Income tax, was declared. The directors'
report, which was unanimously adopted, stated that the
results of the past year were highly satisfactory in both
branches of the business.

As regards the exchange the tendency generally has
been more favourable, but the rates are still un-
settled.

The failure is announed of Messrs, Green, Humphry,
and Co., warehousemen, of Cannon-street.

At Mark-lane to-day, owing to the prohibition of exports
of grain from German ports, wheat was firm, and fully as
dear.

The sum of £174,000 has been sent into the bank to-day,
The steamer which left New York yesterday, took out
£330,000 for Europe.

A meeting of the creditors of Mr. G. E. Pand, spinner
and manufacturer, Holt Town Mill, Ancoats and Man-
chester, was held yesterday. The statement submitted
by the accountants shewed that the total liabilities
amounted to £12,998 ls. 10d., and the assets to £5,750
98. Bd, It was resolved that the estate should be wound-
up by, the liquidators, Mr. Halliday being fsppointed
trustee, with a .committee of inspection.

The advice's from Lyons mention & banking failure
at that place, and state that some of the large silk houses
have availed themselves of an old law which compels the
Bank of France to advance 60 per cent. on all silk placed
in the Government depot, subject to certain stipulation;
with regard to the right of sale.
Charles Noon and Co. (Limited), announce an interim
dividend at the rate of 5 per cent. per annum for the half-
year ending June.

The Provincial Banking Corporation :will declare a
dividend of 6 per cent. per annum.

The discount market has continued very fair. The
demand has not been active, but not much disposition has
been evinced to transact business, and three months'
paper has been charged 6 per cent.
The Bank of Holland has raised its rate of discount
from 5i to 6 per cent.

The Lafayette has arrived at Brest with £15,700 in
specie from New York. The Erin has brought £43,120
in specie from New York.

With reference to the state of the bullion market,
Messrs. Pixley, Abell, Langley, and Blake remark that
the movements in gold have been very extensive during
the past week, and the demand from abroad has absorbe,
all the arrivals, in addition to £206,000, in bars and coind
withdrawn from the Bank. Owing to the rise in the rate
of discount to 6 per cent., there is now less demand for
the Continent, and it is very likely that a portion of the
large amounts now due from America and Australia will
be retained here. The total sum which reached England
in the week was £1,198,390.

Paris advices state that an advance of £500,000 for the
Portuguese Government has been negotiated at 9i per
cent., the Government engaging at the same time to
arrange matters with the Northern of Portugal Railway
Company in a satisfactory way, so as to reopen the Paris
market for Portuguese securities.
The Russian Government have granted to the Black
Sea Navigation Company, which will henceforth be
carried on under the title of " The Company of Russian
Steamships and Odessa Railway," a concession for the
Odessa line, comprising extensive ramifications, with an
authorized capital of 47,445,000 silver roubles, and
30,413,000 paper roubles, the former amount to be issued
in guaranteed obligations, and the latter in shares. The
proposed line will establish the shortest connexion between
Austria and the Black Sea.

The report of the Southampton Dock Company, to be
presented on the 10th instant, shews an available total of
£11,162, including a previous balance of £1.681; and
recommends a dividend for the half-year at the rate of
£4 per cent. per annum; which will absorb £7,207, and
leave £3,965 to be carried forward.

The report of the Millwall Dock Company, to be
presented on the 10th instant, states that the accounts
shew a gradual development of the business of the Com-
pany, and that the increase over the corresponding half-
year, ended the 30th of June, 1869, is 21 in the number
of vessels entering the docks, in the tonnage 22,521 tons,
in the gross receipts £1,706, in the net profit £1,540, and
in the amount to be carried forward to the
last half of the year, after paying interest on debentures,
loans, &c., £1,750. Arrangements have been entered
into for the letting of a small piece of the company's land
on favourable terms, but with that exception no sub-
stantial progress has been made with the sale or letting of
any of the land during the half-year. The company
having obtained powers of raising money on debentures,
or of issuing debenture stock, it is proposed at once to
exercise them.

LONDON STOCK EX CIIA NG 11—Faz DAY.

LATEST PRICES.-AFTER. OFFICIAL 1-10URS.

The prices tinder the lines indicate the business done,

GCVERNMENT 6EOURITIES.

Three per Cent Consols 89 894 Do 6p c Mar & Sept 1891 105 108
at 4, 94, 9, 4 Do June & Dec 1891 104 107
Do for Account
88'4., 9 1 DoApril & Oct 1883-85.. 106 109
Three per Cent Reduced 891 891 107/, 8, 7
883. 91. ii Vict 5p c Jan & July 1894. 96 99
New 3 per Cent
881, 8. 9. „ Brazilian. 1865, 5 p c .
Exchequer Bills, March par, spm 851, 61, 5/, 61
5s pm, par Egyptian, 1862, 7 p c.. .. - -
Do, June par, spm Do Rail Debeu 7 p .. 93 96
Pm 95, 4
Bank Stock - 77 82
India 5 per Cents Peruvian, 1865, 5p c .... 82 84
108, 7, 83, 7/ 821, 2, 31, 24
India Bonds Portuguese, 1869, 3 p c.. 261 271
Can 6pc Jan&JulylB77-84 99 101 Russian, 1862, 5 p c.. .. 83 85
99 Do Nicolas 4p c
Do March & Sept. 102 105 63, 4,3 i, i
Do 5p c Jan & July .. 89 91 Spanish, 1867, 3pc 241 242
994, 891 Do, 1869. 3 p c
Do Inscribed Stock .. 88 90 241, 31, 41, 34
891 Turkish, 1851, 6p c - -
Dom of Can 5p c 1903 .. 93 95 80
Ceylon 6 p c May and Do. 1865. 5p c
November 1878 166 108 384, 91, 81,
107 Do, 1865, 6p c ........ - -
Mauritius 6 p c Jan and 57
July 1873 lOl 103 U.S. 5-20 Bonds, 6pc 1882 83 83/
New S Wales 5 p clB7l-76 96 98 83, -1, 3, 4
New Zealand 6p c 1891 lO5 108 Do do 1885 82 83
Do spc
Do 5p c Consolidated 93 95 Do 10-40 Bnds, 5p c 1904 79 81
94 80, 4, 791

85 87