The Sun.
London, England, 1869-08-23 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
According eo Reuter's telegram. from Paris to-
day, the French Rentes were 73f. 63c. Firm.

There was an improvement in business to-day,
and although the supply of money was abundant
foreign stocks and other securities could not be had
without a trifling advance.
Consols are firm to-day at 931 1 s for money ;
ditto, for Ac!ount, 93 ; Three per Cent. Re.
(laved, 931 ; New 'Demo per Cents, 931 1 ;
xchequer Bills £l,OOO, March, 2 prem. ; June, 4
Prem. ; ditto £lOO, £2OO, and £5OO, March,
prem. ; June, prem. ; Bank of England Stock,
Per Cent., 244.
India Stock, 101 per Cent., April, 1874, 210 ;
ditto 5 per Cent., July, 1880, 1121 13 ; ditto 4
Per Cent., Oct., 1888, 101 k 4 ; ditto Enfaced
Paper, 4 per Cent., —; ditto 5 per Cent., 1051.
In the Foreign market, Turkish are 1 to 1 better,
rive per Cents. being 441 to 44?-, ; and the (1862),
661 to 661. Spanish are also 1- better, at 281 to
281 ; and the Argentine 1, at 79 to 791. Egyptian
(1864) is steady, at 91 to 92 ; and ditto (1868),
771 to 78.
Iu the Railway Market the following are the
quotations :—Caledonian, 79 to 791; Great Eastern,
38i to 381 ; Great Northern, 106 to 107 ; Great
Northern (A),1051 to 106 ; Great Western, 511 to
54; Lancashire and Yorkshire, 1261 to 1271 ;
London and Brighton, 44 to 441 ; London, Chat-
-11.,..arn, and Dover, 161 to 161 ; London and North-
Western, 1181 to 1181 ; London and South West-
ern, 88 to 89 ; Metropolitan, 911 to 92 Midland,
1171 to 118 ; North Eastern (Berwick), 1141 to
1154; and South Eastern, 761 to 77.
American Five-Twenty Bonds are 841 to 841;
Erie Shares, 191 to 20 ; and Illinois 94 to 95.
In Telegraph Shares Anglo-American is quiet,
at 201 to 201 ex div. ; French Cable, 191 to 20 ;
and Construction and Maintenance is lower, at
288 to 298.
The discount demand remains extremely quiet,
even at the reduced rates.
There were no gold operations at the Bank on
Saturday.
The City of Rio, from Brazil, has brought
£19,000.
The report of the Submarine Telegraph Company
(between Great Britain and the Continent), to be
Presented on Tuesday, furnishes testimony in fa-
\r„atir of low rates. Notwithstanding the large re-
unction of last year in the company's tariff, the re-
. eeipts for the twelve months ending the 30th of
ne last, the period during which the reductions
have been in operation, have exceeded those of the
twelveL months ending the 30th of June, 1868, by
£3,664,_ while the ordinary working expenses have
hot increased more than £399, a dividend is recom-
mended at the rate of 5 per cent. per annum.
railway According to the American journals a novelty in
management is to be introduced by the
Erle Company, who propose to illuminate the
whole line of that road at night by electric lights at
ferries, in the tunnels, on all dangerous curves, and
`!u every engine. 'There will be a light at each end
°1 the ferry, which it is believed will make a colli-
4f_len practically impossible on the darkest and
:ggiest night. Even with the diminution of light
'ansed by the jarring of the locomotive, it is esti •
tnated that the head-lights will show the track to
the
engineer on a straight line for three miles.
The
11„. suspension has been announced of Messrs.
eleh and Hibbard, cotton waste dealers and
~,,Pinners, of Oldham. The liabilities are said to
"e small.
The committee of Australian bondholders, in
concert with the council of foreign bondholders, an-
:linen that they have prepared the requisite forms
of certificate and the notarial protest for the bond-
o4tere against the forced conversion of the foreign
ebt.
It is stated that the arrangement between the
French_ Cable Company and the Telegraph CoCon-
struction Company in relation to the fault which
aetsu,PP°sed to exist in the line, but which is not
fullll3r,:prnaenuyta,l to its working, is that the Construction
who were entitled to receive £90,000 in
pie., Paid shares 30 days after the landing at St.
lauding
and a further £20,000 six months after the
gads
at Duxbury, shall leave £20,000 in the
4 of the French company for two years, and
;:arantee to pick up and repair the fault, if neces-
7, during that period.
"e directors of the Kent Coast Railway repor t
50:the bill promoted by the London, Chatham,
tle 'over Company, having for its object the set-
eo Ineut by arbitration of all questions affecting that
thnitanY, has received the Royal assent, and that
aril4arquis of Salistory and Lord Cairns are the
4 il_trators named in the Act. A special provision
thiauttroduced into the Act providing for the line of
11eenaPany being worked by the London, Chat-
ham
and Dover Railway. The necessary steps
Qat_already been taken for bringing the company's
siltuS before the arbitrators.
the Great the half-yearly meeting of the proprietors of
dir Northern Railway, the report of the
"°ra declared
01 £2 2 was adopted, and dividends were
sa.,6,cln. per cent. on the original Three per
divide' uCt 41 ss. per cent. on the A stock. The
I\io 'ld declared on Saturday by the London and
rth.w“
Of 61 vuern Railway Company was at the rate
2 Per cent, per annum.
h.lt aPPears that the Austrian Lloyd's Company
ueve co_
keet lulneted the negotiation with our Govern-
hatert, c'r a naval station at Bombay. The company
kid wlll to erect workshops and a principal station,
Sall
; the"tabhsh agencies at Aden, Suez, and Port
the arrangement arrangement will come into operation on
Ist January, 1870.

mwo o'OLO OK'
lIIITIIII PITIUDL"-- 4 40VE itivritsT FUNDS.;
934 1
Per Cent. Consols
93-1 4'
a bitto for Account, Sept 8
t
Ntir Cent. Reduced
934 4
1, Iv 3 per Cent
`,erlt 2i Per Cent. Jan. 1894
4'"°• 6 Per Cen J 9.n.1873
tluities, 80 rs expire sth Ja!l,lBss —
130. for 30 yrYs, expire sth A.1113_11.:
DO. t (Rd Qoo•Televaph), A g
A (;t March
tchegnor Bills, £1,009, 2413. • June
Do. 3 do.
Pin
.t.s to
& £5OO —
/3k ‘ '
£lOO, £2OO 1908 —
Cent
tifc of Bngland Stock, 44 per
to , .
o ._ petting
Itak 4 per Cent. Bonds
'er-Colonial °minium(
1 inni...- ''
210
.4414 ~ _ ---, vrovEltzilderrr A
13,11 . osoLo ek,lgo,f f
op
re rit.Ce
coo nut
12. SECURITIES.
Pri I 187
1121 13
Do. 5 Pert Lent. July, 1880
101
10"4.5e• .!sPer Cent., Oct. 1888
Do.
••• `-'ertincates
.Lio. t nfaced Pa. 4 per Cent...»
1)(7'. 5 per Cent Jan. 1872
Do. &
D3' z pepr Cet;t. May 1879
ur Cent., Rup. Deb. 1872. losi
bo
do 1871
Do,
do. 1882
•• F
~••/• neb., 5 er Cent , Aug. 1873 ""
~13* ends, 4Pper Ceni., £l,OOO
lio. under 1...000
rtc,,
rOUrox ruNDII— TWO O'CLOCK.
.9„,,,...--."46 itepubhc, 6 per Cent
111470 Z
5 per cent
)4 • b 1859
13i:et:Cent
_
•15u. 'll per Cent. 1852
°• do 1858....
_
1..)0°.. (c:',:: 1860
_
Do 5 *, 1863
Lh • per Cent 1865
1100e-0 Account ..... ..1 -11
Ayres 6 per Cent.
Ccilbao 2per Cent. (Deferred 3 per Cent )
ad -.'
' Per Cer.
helBl 6 per Cent .......... —
bo' 41 Per Cent ...... .
.....0. 3
••••••
__
. ~, Per Cent, ...................
,0 i Per Cent., 1866
o'l • P©r ee.A. 1867 ...........
144,1,-,,,,b, 6 per Cent.
D sh, 3 per Cent 1825.. ......
11 i
antl'hi44 Principalities, 7 ler Cent 8
•,.,0
__
Po, , Per Cent., 1867
Ecuador New Consolidated, 1 per Cent
D°•1,1`1„411, 7 per Cent.... .................••.•. 1-
- coca Issue
h tout. Bonds
4-'O. tlOO Bonds .................... ...-
bo.
.....
~ ............
1801
1) 0
D 0 z- O.
Account
_
I) ' -.000 Bonds ........................ •
,31
uNO' 100 Ponds
77,1_3 si
Cu, yer Cent. 1868 .
, _
Q-rp,,,k' e'jnal,rit Railway Debeuttucb . . -
_
ii,..,i'el.c'erCL•nt., 1824 5, ex Coups..,
o, u0,0;01 r_ ................................. , . _
_
~..,1)0_ Aectraritit
lt31Vat11181:/ov Rai 1. Loan., 10 p•
11:...."2-1-Hi4tellial''PesrPQ6eria..6tle:ll.lllB..6.:.s .....
Ct.,all pd —1

.)o. Account ~.
Do Asrennuana Railway 561
Port iguese 3 per Ct., 1853, '6, 7, '9,'601 ,'2 'b -
Do. do. 1867 —
Do. do. Scrip, £2O paid 34
Russian 5
:ear Cont., 1522, £ St
Do 44- per Cent . 1850
Do 41- per Cent., 1860

Do 3'Per Cent.; 1859
Do 5 per Cent., 1862 .. 87k 7
Do :do, Scril,
Do. Anglo-Dutch, 1864,.£100 Bonde.,„,

Do. do. i'B4 15s. do. —
Do., 1866, £lOO Bonds 94 I
Do. do £B4 15s. do —
Do Nicolas Railway 6Bl
Sar linian 5 per Cent 72
Spanish 3 per Cen
Do. Accr,unt
Do. 1867
Do. Account
Do. New Deferred
Do. Account
Do. Passive
Do. Com. Cert. of Coup. not funded
Do. Account
Swedish Provincial Mortgage Loan
Do Government, 1864
Do do, 1868
Turkish 6 par Cent..
Do Account
Do 6 per Cent. 1858
Do Account
Do £lOO Bonds
Do 6 per Cent., 1862 .
Do. Account 671 61
Do 5 per Cent. 1865
Do Account
Do 6 per Cent., 1860 t7
Do I per Cent., Guaranteed
Do Land Warrants (Hectares)
Venezuela 3 per Cent.
Do. Account
Do 6 per Cent. 1864
Do Account
Dividends on the above payable in London.
Austrian a psr Cont. Ex 10 Florins ...
Belgian, 4/ per cent., Ex. 25f.
Dutch 24 per Cent. Ex. 12 GO
Do £lOO Bonds
Do 6 per Cent., 1862
" Do. 4 per Cent. Certificates
French Rentes, 3 per Cent., Ex. 25f.
Wien 5 per Cent. 1851, Ex. zsf.
Do Account -- 5G
TWO O'CLOCK.

28k

Oonsols, Aloney
Do. Account, Sept. 8

I.NTLRIV AIIUNAL BOAT RACE.

PUTNEY, This day.

The Harvard crew this morning launched their
new boat, built by Mr. Elliott, their American
builder, who came to England with them. She is
a fine craft and reflects the highest credit upon him.
She is about 44 feet long and about 19 inches in
width, much resembling that built by Clasper.
They were afloat in her by 12 o'clock, and went
down the river through Putney-bridge to Wands-
worth. They sat the boat very well, but whether
they will eventually row in her remains to be
seen. The Oxonians returned this morning
to Putney, after an excursion to Brighton,
since Saturday, and &so went out for a row
before the commencement of the Thames Nation d
Regatta. Mr. Brett, superintendent of the B
division, and Mr. Lord, the Thames Conservancy
officer, were present, making arrangements for the
convenience of the public and the rowers. No
horses will be allowed on the towing-path, and 700
constables will be ranged throughout the course to
preserve order. All small boats will be allowed to
pass up the course and take up stations to view the
race until half-past four. Stationary steamers will
be moored with visitors in convenient places.

PARIS CORRESPONDENCE.
SUNDAY.

ate report of M. Devienne, as I anticipated, was read
yesterday, at the twelfth sitting of the Commission. The
lucid manner in which the reporter summed up the
debates on Ministerial responsibility was much
admired. The only amendment accepted by the Com•
mission was that of M. Brinvilliers, which gives the
Senate the right of opposing the introduction of a law
Toted by the Corps Le.gislatif without giving a reason. In
the last article the Commissionhave, as nave already told
you, introduced an important change, and have substituted a
Senatus-Consultum for an imperial decree as the authority
which shall regulate the relations between the Emperor
and the great bodies of the State. Under this head will
comp the question of re-establishing the address. The
report will probably be deposited about the 30th of the
current month, thus giving the senators time to take part
in the debates of the Conseils G6n6raux, which open
to-morrow throughout France.
The Libert6 of this morning publishes a communiqué,
received from the Minister of the Interior, contradicting
a statement which it published yesterday. The para•
graph thus formally denied asserted that eighty-nine
of the conseils d'arrondissement, in spite of the
opposition of their prefects and sub-prefects, ex•
pressed a wish for the abrogation of the 75th Article of
the Constitution, and for the nomination of the mayors
and their assistants by the municipal councils.
According to the Ministerial statement, none of
the 370 con:ells d'arronelissement demanded the
abrogation of the 75th Article, and only on•
asked for the municipal nomination of the mayors.
Nevertheless, it is evident that this same Article 75 "de
la Constitution de l'an VIII.," is manifestly very un-
popular, and with reason, for it guarantees the
Government agents from any action on the part
of French subjects, who are arrested on suspicion
or by mistake. It is evident that this infallibility of the
officials is a serious obstacle to civil liberty, and a number
of electors of the fifth circumscription of the Seine have
addressed a letter to their deputy, M. Garnier Pages,
asking him to bring the subject before the Corps
Ldgislatif at the very earliest opportunity. The letter,
which is strongly worded, declares that the number of
arbitrary arrests has increased, and that the suppression
of the obnoxious article ranks in importance before the
decree of November 24, the letter of January 19, or the
new Senatus-Consultum.
The Rappel publishes a declaration from Victor Hugo,
dated from Guernsey, August 18, in which he briefly and
emphatically refuses to give a moment's attention to
" the thing called an amnesty." In the present
situation of France he holds it his duty to make
an absolute, inflexible, and eternal protest. He will
never re-enter France until liberty re-enters. The great
novelist and poet undoubtedly belongs to the class of the
treconcilables. The Rappel publishes along with
this letter of August 1869 a series of letters
dated just ten years back, embodying the protests of
Louis Blanc, Pyat, Quinet, and Charras against the
previous amnesty. Of Ledru Rollin, who was said
to have returned to nonce, and to intend becoming
a candidate for Paris, nothing is definitely known,
and the Liberte comments upon his silence as something
remarkable. L'Orient, the Angers journal, which pub.
lished an account of M. Jules Favre's speech on the
Senatus-Consultum, now objects to the interpretation put
on the speech, and declares that M. Favre was altogether
incredulous as to the possible alliance between the empire
and constitutional liberty.
The Empress.and the Prince Imperial leave on Monday
for Ajaccio. Tier Majesty will shortly return to Paris,
and set out for Fontainebleau at the beginning of Septem-
ber.
The widow of Marshal Niel is to receive a pension of
eight hundred francs.
The appointment of General Lebceuf seems to have
given general satisfaction, and he is considered a worthy
successor of Marshal Niel. The Emperor has acted wisely
in fixing on one who was popular with the army, and
whose long service entitles him to consideration.
The harvest is pretty well gathered in by this time, and
for the last few days the weather has been most favour.
able. Every day some fete takes place in honour of the
occasion.

A. ridiculous story is told of the Mayor of Laffitte. The
municipal council had met in its ordinary sitting, and
it was necessary that some important communications
should be made to the assembly, but the mayor, whose
duty it was to read from the printed documents, could not
make them out. The council waited for some hours, and
at last separated without coming to any decision, because
the chief magistrate could not read.
The health of the Emperor appears to be quite restored
by this time. He was able to go on foot to meet the
Prince Imperial, on his return from the Camp at Chftlons.
La France, La Liberte, and some other journals
have followed the example of the Constitutionnel in
asserting their claims to the privilege of selling their
papers in the public streets, and agree in the sentiments
which M. Emile de Girardin expressed on the subject.
A funeral service of great solemnity has taken place at
Pesaro in honour of Rossini. The Minister of the Interior
and other public functionaries took part in the affair, and
a large crowd assembled to witness the ceremony.
The conseil d'arrondissement of Lille has just expressed
its opinion that the example of the United States
should be followed with respect to foreigners.
According to this all who have resided for three years in
France, and have not contravened the laws of their own
country, will enjoy all the rights of citizens on condition
that they bear the contingent expenses.
A painful impression has just been created by the
suicide of the rich old Baron Dehorne. He suffered for
some years past from cancer, and of late his affliction be.
came so great that he resolved to put an end to his life.
He spent the night in making his will, and at an early
hour in the morning his valet was alarmed at the report
of a pistol. The Baron was dead when he entered the
apartment, and the pistol was still in his Land.