The Sun.
London, England, 1870-08-11 00:00:00

MONETARY REPORTS.-YESTERDAY.

The stock markets have been favourably influenced by
the political news received to-day. A,s it is thought not
improbable that the war may be brought to a more
speedy termination than was at one time thought pro-
bable, a reaction has set in in the markets, and
to-day the tendency of the quotations has been decidedly
upwards. Consols have advanced per cent., the closing
quotations being 90k, 914 for money, and 91, 91i for the
account ; Reduced and New Three per Cents are 91, 91i ;
Exchequer Bills, par to ss. prem. ; Bank stock, 233, 235;
India stock, 203, 205; India Five per Cents, 108, 109;
India bonds, par to ss. prem. ; Metropolitan Board of
Works 3,1 per Cent Stock, 89, 91.
Colonial Government securities have been in fair re-
quest, and the quotationi have ruled firm. Canada, 1001
to 101 ; New Zealand Consols, 95 to 952 ; Victoria, 1894,
98k to 98.

Home railway stocks have ruled very firm, at an ave-
rage rise of 1 per cent. Speculative purchases are now
more frequent, the disturbances on account of the recent
many failures having in some degree subsided. Great
Western Consols, Lancashire and Yorkshire, London and
North-Western, Manchester, Sheffield and Lincolnshire,
Metropolitan, Midland, North Eastern, and Shropshire
Union are 1 per cent. better, South Devon and South-
Eastern have risen 6, and South-Eastern Deferred 2 per
cent.

The principal movement in the market for foreign rail-
ways is a rise of in Great Luxembourg and Lombardo-
Venetian, which have closed at 11, 111, and 14k, 15
respectively ; Erie Railway Shares protected" left off at
16, 17 ; and Illinois Central Railway shares at 101, 103.
Foreign bonds have been in active demand, and a great
part of the recent decline in prices has been recovered.
Brazilian of 1865 are 2 better ; Buenos Ayres, 1; Chilian,
1; Egyptian (1864), 1; ditto (1868). 2; New Grenada, I;
Peruvian (1865), 1; Portuguese, I; Russian (1866), 1;
Spanish (1867 and 1869), ; Turkish (1854, 1858, and 1865)
Five per Cents., 1; ditto (1862), 2 ; and Turkish (1869),
1 better.

Five-Twenty Bonds have recovered 2, on the proba-
bility of the suspension of the Continental shipments.
Ten-Forty Bonds are 1 per cent, better.
More firmness has been apparent in the market for
joint-stock bank shares, and the tendency of prices has
been upwards. Imperial Ottoman Bank shares have sold
at 11i ; London and Joint-stock, 32 ; London and West-
minster, 59; Union of Australia, 44
The dealings in telegraph shares have not been exten-
sive, but values generally have been supported. British
Indian Submarine have marked 64 ; Indo-European 13-1 ;
French Cables 14k.

In the market for miscellaneous securities little anima-
tion has been apparent, and the quotations are without
material alteration. Hooper's telegraph 3; International
Finance 3; National Discount 11, 11k, Ocean Marine
19; Telegraph Construction 22f, 22k.
The money market has continued dull to-day, and the
tendency of the discount quotations is towards lower rates.
It is believedthat the recent-rise will prevent further large
shipments of bullion to the continent. Notwithstanding
the fact that the rate of the Bank of France has been
advanced to six per cent., to-day there was a limited
supply of paper offering. Nevertheless brokers still de-
manded 5-/ per cent. for short bills.
The silver market is very flat, there being no demand
for export. Standard bars are quoted at 69-id. 60i per oz.
£105,000 in bar gold was sent into the Bank to-day,
and £50,000 in sovereigns from Canada. The balance in
favour of the Bank for the week is £500,000.
Telegraphic advices from Melbourne, dated July 17,
state that the Geelong had left for Galle, with £453,000
in bullion, and £98,625 in sovereigns. The Suffolk had
left with £9,500 for London direct. The Mooltan has left
Galle with £338,000 in Australian gold.

It is now ascertained that the recent statements o! %he.
intended exportation of gold by the respective houses of
Hirsch, Bisehoffshein, Oppenhein, &0., are entirely with-
out foundation in truth ; but it is difficult to see how such
exports could, in justice, be prohibited so long as they
were conducted in the ordinary course of trade.

Advices from Rotterdam announce the destruction, by
fire of the entire cargo of tea brought by the Bristow.
The insurances were effected in the local offices.

The report of the Brazilian Street Railway Company
(limited), to be presented on the 19th inst., states tie
profit on the half-year's working to have been equal to
nearly 14 per cent., and recommends a dividend at the
rate of 12i per cent. per annum, which will absorb £3,654,
leaving £524 to be carried forward.

The Levant Herald states:—" We regret to announce
that, owing to the present commercial crisis, the much
respected Galata lino. of Messrs. John Seager and Co.
has been obliged to suspend payment. The liabilities of
the house--whose business lay chiefly in the wool trade
with Yorkshire—are said to be considerable, and it is
feared that more than one other local firm maybe brought
down with it."

Notice has been given by the Bank of England that
holders of stock wishing to receive their dividends by post
must make applicotion before the Ist of September, in
order to have the October dividend transmitted in that
manner.

LONDON STOCK EXCHANGE.-WEDNESDAY.

LATEST PRICES.-AFTER OFFICIAL HOURS.

The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.

Three per Cent Consols 901 911 Vict 5p c Jan & July 1894. 98 100
904, f, 1,4, 14 984, 8
Do for Account
904, 1,1, 1,4, 14 884, 71, 9, 90, 89/
Three per Cent Reduced 91 911 Egyptian, 1862, 7pc .. .. 80 82
903, 1, 11, 904, 11 Do Rail Deben 7 p .. 94 96
New 3 per Cent
904, 4, 4. 4, li, 901, 14 791
Exchequer Bills, March par, spm Peruvian, 1865, 5p c
ss. pm 844, 34, 41
Do, June par, spm Portuguese, 1869, 3 p c.. 274 284
ss. prem 274
Bank Stock - - Russian, 1862, 5 p c.. .. 84 86
235, 3 844, 5
India 5 per Cents - - Do Nicolas 4p c
1081, 8 66, 5, 6
India Bonds - -- Spanish, 1867, 3pc
Can Spa Jan&JulylB77-84 101 103 251, 1,4, 6
1001, 14, Do, 1869, 3p c
Do March & Sept. 102 105 251, 5,4, 5, 4
Do 5p c Jan & July .. 91 93 Turkish. 1854, 6p c Bl 83
2
Do Inscribed Stock .. 90 92 Do, 1865,811 sp 0
Dom of Can 5p c 1903 .. 93 95 40, 394, 401, 394, 401, 4, 1
Ceylon 6 p c May and Do, 1865, 6p c - -
November 1878 lO6 108 59, 8
Mauritius 6p c Jan and U.S. 5-20 Bonds. 6p c 1882 861 86/
July 1873 lOl 103 Wk, 4. 51, 64, 1, 4
New SWales 5p clB7l-76 98 100 Do do 1885 854 861
New Zealand 6 p c 1891 lO5 108 85, 4
Do 5p c
Do 5p c Consolidated 94 96 82, 4
944, 4, 1 Erie Sha, 100 dole, all paid - -
Do 6p c Mar & ept 1891 105 108 Illinois Central Shares . , 101 103
Do June & Dec 1891 104 107 1014, 1004. 2
Vict 6p c Jan & July 1891 108 111 Atlantic and GW R Con
DoApril & Oct 1883-85 lOB 110 Mortgage Bonds 2O 22
1094, 10 204, 20, 4