The Sun.
London, England, 1869-08-16 00:00:00

VIONEY-MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Business opened to-day in the Stock Markets
rather languidly except for the shares of some of
the :telegraph companies. Consols are unaltered,
and Railway Stocks are dull.
ditto, for
Consols arc quiet to-day at 92i Ifor money;
Ac2ount, 92'1 ; Three per Cent. Re-
duced, 93 ; New Tldree per Cents, 931 3 ;
Exchequer Bills £l,OOO, March, prem. ; June, 6
prem. ; ditto £lOO, £2OO, and £5OO, March,
prem. ; June, prem. ; Bank of England Stock,
4 per Cent.
d 5
India Stock, 101 per Cent., April, 1874, 210 ;
ditto
per Cent., July, 1880, 1111 12 ; ditto 4 per
l Cent:Oct., 1888, 101 ; ditto Enfaced Paper, 4 per
—;
ditto Bonds under £l,OOO, 30 26 prem.
In the Foreign Market there has been a fall in
urklsh (1862) of 1 per cent., of in the 1865.
s
In
New per Cents. are flat, at 284- to 29/.
t
An other descriptions the changes are merely nomi-
nal'4l* Egyptian (1864) are quoted at 91 to 92 ;
ditto
(1868)
t , 761 to 77 ; Italian Five per Cents.,
to 551; Mexican Three per Cents., 12 to 121 ;
rieLliviao, 791 to 80 ; Russian Five per Cents.
`"42), 88 to 89 ; and Orel Railway, 831 to 81.
In Railway Shares there is an improvement of
fLancashire,. and Yorkshire, but Great Northern has
fallen another / per cent. The quotations are as
follows :—Caledonian, 801 to 811 ; Great Eastern,
381. to 384.3 ; Great Northern, 106 to 107 ; Great
tNorthern (A), 1051 to 1051 ; Great Western, 521
053; Lancashire and Yorkshire, 1261 to 1271 ;
London and Brighton, 441 to 451 ; London, Chat-
ham, and Dover, 161 to 161 ; London and North
terB 88 to 89 ;
!Vestern, 1181 to 119 ; London and South Wes-
a)
Metropolitan, 941 to 951 ; Midland,
11
115 .to 1188' North Eastern (Berwick), 1141 to
s(
.btoe2 a e
orl ee,
eachr a I
and South Eastern, 761 to 771.
.n
i Tgp Shares
Anglo-American and French
Cable
higher, the former being dealt in
I ex div., and the latter at 20.1 to 21; and
len graph Construction is I higher, at 31/ to 311.
!lßank Shares Agra (A) is quoted at 11 to
i; Alliance, 13 to 14 ; Imperial Ottoman, 31 to
prem. ; London and Westminster, 561 to 571 ;
The London and County 49 to 50 ex div. ; and Union
of London, 358 to 361.
he Honduras Loan is quoted at 83 to 84 ex
coupon.
The corn market is firm, and a further advance
of i
s• to 2s. is asked, making from 3s to 4s. upon
the
week' The weather, however, being more fa-
pourable, these rates are not generally obtained.
The sum of £56,000 in gold was taken to the
Idank, including 12,000 sovereigns from South
AllneriCa OR Saturday.
8 jhe mail frem Peru has brought the annexed
isfactory decree reserving certain guano deposits
for the outstanding deb s, in compliance with the
memorial to that effect sent out some time ago, and
signed by a number of the largest bondholders :
Translation of a decree passed by the Supreme
Government of Peru, under date of the 15th of
ace) and published on the 10th of July :—lt is
decreed that for the present, and so long as no con-
trary resolution be come to, the exportation of
guano
from the deposits of the Islands of Chincha,
thet Bay of Independencia, and the islands of
A .aecabi shall be destined exclusively for the mar-
kets' of England and the United States in the pro-
portion necessary to provide, with the proceeds
thereof, for the service of the debt contracted by
Peru in the said countries."
..It has been mentioned that the outstanding lia-
bilities of the Albert Life Office were at least three
Or four millions sterling. Probably they are more
than double that amount. No ]ate returns appear
to have been issued, but it is stated that eight years
ago the total was £7,249,924, and since that time
the office has purchased and absorbed the business
of other companies, whose career had been incom-
patible with the'prolongation of an independent ex-
istence. The Albert was established in 1838.
BY a telegram received from Bombay we learn
that at a meeting of the New Bombay Bank a divi-
dend at the rate of 6 per cent. was declared, the
remaining profits being appropriated as recom-
Mended in the directors' report.
It was stated on Saturday that " the French Go-
vernment have authorised the French Atlantic
Telegraph Company to lay a submarine cable be-
tween Brest and England." According to the
following note the authority would appear to have
been given to the Submarine Telegraph Company,
ou behalf of the French Atlantic Company:— Sub-
marine Telegraph Co., 58, Threadneedle-street,
Aug. 14. Sir,— Will you kindly allow me to correct
a statement in your city article of to-day respecting
a submarine telegraph cable to be laid down be-
tween Brest and England ? No concession has
been, or could be, granted to the French
Atlantic Company to lay any such cable, but the
Preach Government having expressed their willing-
ness to allow the Submarine Telegraph Company
to establish this communication, and employ it ex-
ehlaivelY for the transmission of messages to and
from America, arrangements are being made be-
tween the Submarine Company and the French
Atlantic Company for the immediate construction
of the proposed line.—l have the honour to be, sir,
Your obedient servant, J. R. CARMICHAEL, Chair-

Vice-Chancellor Sir R. Malins has appointed Mr.
Frederick Maynard liquidator of the Marine In-
Lestrnent Company (Limited), in the place of Mr.
A. Coffey, retired, and also liquidator of the
Valparaiso Waterworks Company (Limited).
A general meeting of the Dublin and Meath
„,ilwaY Company is called for the 30th inst.
~-Lhe half-yearly meeting of the Danube and
,431ack Sea Railway and Kustendjie Harbour Com-
vallY (Limited) is called for the 27th inst.
4. general meeting of the shareholders of the
General Bank of Switzerland (Banque Generale
:1lld1188e) is convened for the 14th Sept., at Geneva,m
• e the question of a liquidation will be sub-
kate.

\'A' Meeting of the corn trade will be held in the
Vbscription ROOM, Corn Exchange,Xark-lane, on
ecblesday, the 18th inst., at three o'clock punc-
tually, to consider the question of the City's claim
ceecciftapulsory metage, and to adopt such pro-
lugs in opposition thereto as may be deemed
expedient.
aktteution
has been called to the facilities
ve°rded by the port of Southampton for the con-
k:lle° of American produce for the London mar-
ve Hitherto the greater portion has been con-
-I\73'ed by the lines of steamships trading between
ofew, York and Liverpool, and, although the vicinity.
tifrSoutharopton to London and the great facilities
oar at that port for the prompt despatch of
thete offer peculiar advantages, the steamers o
ve North German Lloyd's Company, which con-
the
have
the mails to and from New York with regu-
of ItY) not hitherto attempted the conveyance
coogt°°4B from America to England, but have been
pan eot with the large Bremen trade. That com-
chave,
their
,however, now resolved to convey by
r 24et and large steamships American produce
of
London and other English markets, via
of Ill°Pton• The City of Limerick, one of a line
expe,eialli,rs in which Mr. Inman is interested, is
orthe". to arrive at Southampton on Wednesday
etie ureday next with a cargo of 13,000 boxes of
'se for London.

BRITISII FUNDS—CLOSING PRICES.
a IlatNstExT ruxDs.:
P" 'cbt• Consols
8 Lotto [or Account, Sept 8
44e, per Cent Iteduced 93
o,lv 3 per Cent
93 i 3
T,''' 21 Per Cent. Jan. 1894
.4 O. ,
A.. . . per Cen J wri.1873
-inuities 80 • i sth Jun., laBu.
b yis, tap re . for 30 nil x iro sth April 18e5 —
bo oz. Is Y '''
P
e( ea Teleh,raph), Aug., 1908_
Do•-iclacc kills, .€l,OOO, 21 p. Ct. March 6
Do.
3 do. Juno Pm
toz.
‘,.
t)(4.
opening . £lOO, £2OO & £5OO —
, of Eugland Stock, 4i por Cent '"
I—
-'ll.nada 4 per Cent. 110nds . —
uter-Colouial (Juliann-LI
/4(1.11,1?)IAN OOVERNMUNT bECU Rini, e.
1)(
la, hock, 0* per Cent., April 1879 2lO
.., • Opening, for Account
111 f 12
Eo. 5 per lieut. July, 1880
101
(3* 4 Pot: Clout., Oct. 1888