The Sun.
London, England, 1870-05-13 00:00:00

THE LONGFORI ELECTION.

The polling at Longford commenced at eight o'clock this
morning, and proceeds slowly. No returns have yet been
received from Uranard and Ballymahon. The state of the
poll at Longford polling booth at ten o'clock was given 08
follows:

Ur. Greiille-Nugent l7l
Mr. King Harmer

TERMINATION OF THE WEARMOUTH STRIDE•
The strike at Wtarm uth Colliery, near Sunderland. is
ended ; the men, this morning, attended the &Hee, arid
offered to be re-engaged on the old terms.

THE MONEY MARKET

AND

COMMERCIAL IN'T'ELLIGENCE•

CITY, Two o'CLocic.
The Consol. Market opened with rather mole firmness to-
day, and prices are slightly higher. The quotation for the
June account is now 94 3-16 to 94 5-16, but the transactions
have not been numerous. Reduced and New Three per
Cents. aro quoted at 921 to 921; India Five per Cents., 'I"
to 114 i ; India B nds, 20s. to 255. prom. ; Exchequer Bill',
par to 58. prem.

The Money Market continues firm Th 3 Bank of England
return shows that that institution is in a very s rong po Won.
the proportion of reserve liabilities being no less than 4e
per cent., whereas the proportion at the opening of the year
did not exceed 33 per cent. It is, evident, therefore, that
the Bank can maintain for some little time the position it
has now long held at the head of the discount markets,
meantime the open market dealers will not be in a positi°:l
to compete with the vast resources iu the possession of the
Bank. In a short time, however, the expenditure of the
Government will be considerably greater than the roceiP: ,
as the latter have been forestalled, and the resources of the
Bank will be gradually drawn upon. In this way money
will again find its way into Lombard-street, and
will again be spread over a greater surface, and it is not
improbable that the result of the new Government arrange-
ment for collecting the revenue will result upon balance, to
the disadvantage of the Bank. To-day good short paper i°
charged in Lombard-st reet 3 per cent , being fully equal t°
the official minimum
The La Plata has arrived at Lisbon with £17,390 l 0

specie
A special telegram from Philadelphia states that though
the surveys of the Isthmus of Darien have not been coll'.
plated, the construction of a canal is impracticable

The market for Foreign Bonds has continued very fliel'
and prices have been buoyant. All the movements have
been in an upward direction, and some have been imports t•
Egyptian Bonds have advanced 1, Turkish 4, Russian 1, aII
Spanish f. American Five-Twenty and Ten-Forty BO°
are 1 better, while Italian have risen f. The transactions
up to one o'clock to-day are thus recorded in the official
list:—Ezyptian, 1,64, 91 4; ditty, 18 8, tl4 f ; ditto, 811 ;
Russian, 18 2, 85 to I ; Nicolas Railway, 184 to ; ditto,
1870 Scrip, 854 to f 1; Spanish, 18 7, 304 4; ditto, 1869'
291 to 30; Turkish, 1862, 714 to 21 ; ditto, t-.:100, 721 to 43;
Italian, 1861, i,74 to 1; U. S. 5-20's, 891; do,:1885, 88110
4 ; do, 1867, 901 to 4.
The principal feature in the demand for Home RailwaY
Stocks is the flatness in Metropolitan and Metropolitan
District which have been done at 724 and 34f respectivelP
Midland Stock is also lower on realisation, but Great Eastern
and London, Chatham, and Dover, have shown firmness.
The shares of the Tavarone Mining Company have bee°
dealt in at 11 toil prem.
There has been more firmness in the mark t for Telegraph
Shares, and a reaction has taken place in prices. Auglo-
- at 17 to 171, and Anglo-M diterranean, at 17 t°
171, show a rise of f. Falmouth, Gibraltar, and Malt*
shares are also 1 higher, at 84 to 81 ; while French Cable°
are 4 higher, at 16. India Rubber Company shares are
without change, at 44} to 441; and Telegraph Construed°
are very flat, at 331 to 334.

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