The Sun.
London, England, 1869-09-06 00:00:00

MONEY MARKET

AND

COAIMERCIAL INTELLIGENCE.

CI FY, Two O'CLOCK.
The fall on the French Bourse has affected the
English Securities, and Consols have given way
fully hper cent., and most of the English railways
have also receded. The health of the Emperor
Napoleon is a matter now that makes English in-
vestors extremely careful ; and this circumstance
also exercises a depressing effect on the Fcr&gn
market, where the prices also have given way.
American Securities arc lower, but the rate of dis-
count is still 21 to 21 per cent.
Consols are very flat at 92i to 921 for money ;
dltto, for Account, 92 ; Three per Cent. Re-
duced, 913; New Three per Cents, 911 ;
ditto 5 per Cent., Jan. 1873, 103.
India Stock, 101 per Cent., April, 1874, ;
ditto 5
per Cent., July, 1880, 114! 14 ; ditto
4 per Cent., Oct., 1888, 991 3 ; ditto Eufaced
Paper,!s per Cent., 1872, 1051; ditto Bonds £l,OOO,
prem. ; ditto under £l,OOO, 25 prem.
In the Foreign Market Egyptians (18G8) are to
lower, at 76. Italians have receded to at 531
t° 54 ; and Turkish Five per Cents. at 41* to
41-1. In Russian Charkof, at 811, and Orel Vitebsk
;
at 844, are each lower. Brazilian are quoted 8q
to 821
Chilian, 941 to 951 ; Peruvian, 78:1 to 79i ;
and Portuguese, 34 to 341.
American Five-twenty Bonds are 1 lower, at 83 ;
and the Ten-Forties to 75f. Erie Shares are 231
to 23a-
_ 4*

In -the Railway Market Lancashire and York-
shire are 1 lower, at 1251, and there is a decline of
in Caledonian, at 811 ; Great Eastern, at 371 to
374 ; and Brighton, at 45. Great Northern (A)
are quoted 1011 to 1021; Great Western, 531 to
54 ; 'Chatham, 161 to 16; ; London and North-
Western, 1161 to 1161 ; Metropolitan, 881 to 89 ;
Midland, 1171 to 117; i and South Eastern, 7G.
In Bank Shares prices are almost stationary.
London and Westminster is firm at 551 to 561 ;
London Joint-Stock 30 to 31 ; Union of London,
05 to 36 ; London and County, 49 to 50 ; Char-
tered Mercantile, 321 to 331; aLd Alliance, 121
to 131.
At Mark-lane to-day the supply of English wheat
'vaa small, and 1s to 2s advance was asked, which,
however, checked business, and the market ruled
quiet. Foreign wheat held is advance, but met a
slow sale. Barley quiet, at late rates. Beans and
peas flan]. Oats in good supply, and Gd cheaper.
Maize steady. Flour firm.
Anglo-American and French Cable have each
improved 1, the former being quoted at 201 to 20%,
and the latter at 161 to 16f ; on the other hand,
Construction and Maintenance is f lower, at 28- to
291

In
Miscellaneous Securities Hudson's Bay Shares
are better, at 12k to 12 ; Genera) Credit is
isiteady, as Ito dis. ; International Finance, 2to
; and National Discount, 101 to
There were no gold operations at the Bank on
Saturday.
The Bank of Russia has raised its rate of discount
to 5 Per cent., and for advances at three months to
G per cent.
The
Hammonia, from New York, has brought
16,000 in specie, and the Massilia, from Alexandria,
£6,332.
_ The steamer Poonah took out £171,635, in specie
.foaril teh,e East. Annexed are the partiaulars, viz.:—
gold, £20,000 ; Bombay, gold, £72,000 ;
Coalincubtatya, silver, 119,500; Madras, gold, £11,300;
gold, £20,000 ; Hong Kong, silver,
26,895 ; Shanghai, silver, £1,910.
The Oesterreiche Correspoiulenz has the following
with reference to the late panic about the Vienna
Bank :—" The business transacted by the bank has
throughout been of a very profitable nature. Their
forests in Upper Austria have realised large profits;
at Helbrun they gained 400,000 florins, and the
Purchase of the connecting railway and the Dicas-
terial buildings are regarded as very advantageous;
and the small Tyrol and Satzburger Ironworks,
..I?hich cost only 100,000 florins, realised 1,000,000
4nrins. An offer of 3,300,000 florins for the Diem-
ter-jai buildings has been rejected as being too low.
The bank intends opening a branch at Pesth, with
a capital of 5,000,000 florins, with Couut Szapary
as president."
The Austrian Delegations being now closed, and
the linaucial laws sanctioned, the following are the
solos required and voted for the Austrian Budget
Of 1870 :—Ministerial estimate, 96,897,803f1., less
listonts' receipts,lo,944,ooofl.; 1eaving85,953,803f1.
burn voted by the delegates and estimated Customs'
receipts, 79,459,695f1. These gentlemen have thus
reduced the amount by 6,458,1081 On the other
i",and, the receipts having been estimated at
`")°56,00011. the actualreduction is only 5,402,1081
alle delegates having granted a supplementary
:1.3514 of 3,790,000f1. the total is raised to
2 ,249,695 u.,
of which Hungary is allotted
43974,9081
With reference to the Rio de Janeiro City Im-
provementsthe
seeped annual drawing, comprising 25 bonds
d„,'100 each, of the issue of £60,000 redeemable
41,entures, dated the Ist of December, 1867, was
aivue
.0a the 2d instant.
istiliaeisntr• Champain, R.E , left Marseilles on the
laying
a•in, the Pera, accompanied by Mr. Latimer
lark
laying
the
a staff of electricians, for the purpose of
Aected ° second Persian Gulf cable, which is ex-
then. he° be completed in November. There will
teler,v two complete and independent lines of
cotta. Ph the whole •
thstance from London to Cal-
,it has beenoll arranged that the steamers of the
"L Company 1'441 the which leave Southamptonfor
I(3sPages t e 9th of each month shall extend their
conveni2 the River Plate, by which plan the in-
ItlO_i'eee attendant upon having to change ships
recent
f Janeiro • rrrthh:
Plate,
in the case of passengers
be avoided.
dealalad
pcent sudden resumption of a Continental
diQation rotrh specie may, perhaps, be taken as an in-
eoat, i„, at the reduction of our rate to 2i per
enapostocks
and
other oucing foreign holders of United States
rarY again to resort to us for large
reillioa from advances, The arrival of a quarter of
at °nee in South America a few days back was
absorbed, and it seems probable that
althouoh
frota r
atr4'oa 60,000 is expected on Saturday next
lia
b.e Bank. , there may be very little influx to
vienoa Be The pressure, long foreseen, on the
bethe uric baa doubtless produced an effect,
ue utagnitude
expected , of our grain importations must
little
Ir°ls4l3ilit •'0 act in the same direction, but the
at work, Y
dis that these are not the main influences
as regards legitimate commerce there
ante:iielence of any extension. Of course
;vas to give
rise
of the Bank in reducing its rate
PePtonss Ise to a demand of some sort, and the
delsir2,ll question are therefore only such as
7ettld be but it is necessary the movement
‘l4
kept in. View ad
, so that traders and others,
blab, as subscribers t
net eater o new loans and telegraphs,
to:en that into contracts framed upon a calcu-
the
r. rate of 2i per cent. is likely to last

.
Ty° u'ULUOIC
XRITIIII FIII(D111--11
pe,!4).VIINIIZNT FUNDS.:
fklelbit,,,e,Ut• COUSOIS ....
,59.2,i 1
8., .or Account,Sept 8 . '.l.4'
Isio)wer3°Nit• Iteduced
IT
lv Per Cent ...........................
_..-
b -4 Per Cent. Jan. 1894 _
441,,°„',4 Dor Oen Jan. 1873
1.-julleB, 80 Yrs expire 50.1 JIM, 1881•
b-*;or ;30 yrs, ' expire
oth April 1885 --
ke?1,1(od t.t.T:lehrapli), Aug., 1908
u(l4 :-'Y 'tills, £l,OOO, 21 p• Ct.
,Marcho —___
bo Do.
3 do. vuu
Pin
114„i
4100 £2OO & £5OO
"1' of B '
per Cent —
I), ngland
~Mock, 41-
1aC)4.4
~* ()Poning
..... ,
_—
,44'k,4 por Cont. Bonds ...................
kiiriColonial Oturnura .................
t,
Ju„.. N.1314N ,iOVkItNUNT SECURITI!: •
.t 4 tack 101 e t April 1874 _
~, !
.per en ~
Jo yPollaug, for Account
1142 14
/Jr,: . pur Cent. July, 1880
09} 'Li
Do 4 Pot" Cent., Oct. 1888
to. Certificates
........................
1.4°: t:llfseed Pape. 4 per Cent.. .4..
bo Per Oeut.,Jau 1872 ••••• w***'• —
°' !_. Vor ()cut. May 1879
1:1,) 4
uI)(3! eeut., Itup Bob. 1872
bo
_
do --
1877
bo,
L r,
do. 1882
' u'jb*, 5 Per Cent., Aug. 1873 •.••••