The Sun.
London, England, 1869-07-07 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The sum of• £40,000 in gold was taken to the
Bank yesterday.
The Hermann, from New York, has brought
£16,512, and the City of Brooklyn £45,000.
The Lancashire markets this week have opened
without improvement.
The estimate furnished to the House of Commons
that the cost to the Government of taking over the
telegraph system of the United Kingdom will be
£6,760,000, and that after paying interest on this
sum a surplus revenue of £77,000 will be realised,
even during the first year, harmonised .with the ex-
pectations generally current, has been favourably
received. Considering the extent of the arrange-
ments to be made, and the fact that under them the
telegraphic facilities of the country will at once be
doubled, the intimation that the transfer will pro-
bably be brought into complete operation on the
Ist of January next is also regarded with satisfac-
tion.

According to the official returns the total ship-
ments of sherry from the Bay of Cadiz reached for
the six months ended the 30th of June to 39,536
butts, against 37,217 in 1868.
The New York advices mention that the Depart-
ment of Agriculture of the United States has issued
its report for May and June, " presenting, on the
whole, a favourable prospect."
The Stock Exchange Committee have appointed
Friday next a special settling day in the Provisional
Certificates of the new £lO shares of the Agra
Bank (Limited), which are to be marked in the
official list.
The Metropolitan Railway traffic return shows
this week an increase of £3,036 over last year; the
Glasgow and South-Western an increase of £640 ;
and the Great Luxembourg an increase of £2,073.
'ith reference to the Great Western Railway of
Canada, it is notified that, after deducting loss by
exchange, proportion of interest charges, &c., the
net profit for the four months to the 31st of May
is $114,597.67 compared with $90,740.87 in the
corresponding period last year.
At the meeting of the shareholders of the Colo-
nial Bank, a dividend of 6 per cent. was declared
for the half-year, in addition to an " extraordi-
nary" dividend of 1 per cent.
At a meeting of Hodges' Distillery Company.
(Limited) it was decided
-to wind up the undertak-
ing voluntarily.
The half-yearly meeting of the proprietors of the
London and South African Bank is called for the
11th of November.

The half-yearly meeting of the proprietors of the
Consolidated Bank (Limited) will be held on the
16th inst. at Manchester.

The Reversionary Interest Society have declared
a dividend for the year at the rate of 4i per cent.,
clear of income tax.

A petition for the winding up of the Northern
Assam r.Tea Company (Limited) is to be heard
before the Master of the Rolls on the 17th inst.
A memorandum, dated July 5, from Mr. Francis
L. Davis, the Consul for Venezuela in London, in-
timates that " on and after this date no vessels will
be allowed to clear from the United Kingdom for
the port of Maracaibo, Venezuela, the same having
been closed for importation of foreign good's from
the Bth June last."

Consols rose 1-16 to-day, at 93f 3 for money ;
ditto, for Account, 931 ; Three per Cent. Re-
duced, 92i 3 ; New 'Three per Cents, 93f 2/ I
Exchequer Bills £l,OOO, 6 prem.; ditto £lOO, £2OO,
and £5OO, 2 prem. ; Bank of England Stock, 4
per Cent., 242 1.

India Stock, 10f per Cent., April, 1874, 207 f ;
ditto 5 per Cent., July, 1880, 112 ; ditto 4 per
Cent., Oct, 1888, —; ditto Enfaced Paper, 4

per Cent., 92f ; ditto Bonds £l,OOO, 16 preen.
In the Foreign Market Honduras Railway Loan
are 83 to 84 ex coupon ; Argentine Six per Cents.,
731 to 79/ ; Brazilian of 1865, 831 to 844 ; Danu.
bian Eight per Cents., 88 to 89 ex div. ; Egyptian
Nine per Cents., 951 to 961 ex div. ; ditto Viceroy
7 per Cents., 821 to 831 ; ditto 7 per Cents. of
1868, 798 to 801,1- ; Italian Five per Cents., 541
to 54i ex div. ; Mexican, 12 to 12i ; Peruvian,
1865, 77-i- to 77,,T ex all ; Portuguese Three per

Cents. of 1867, 334 to 341 ; Russian Five per Cent.

Orel Vitebsk, 804 to 81; ; ditto Four per Cent.

Nicolas, 651 to 661 ; ditto Moscow Jaroslaw, 79k to
80 : ditto Charkof-Azof, 794 to 80f ; Spanish New

Three per Cents., 28 9-16 to 28 11-16 , Turkish

Fives, 451 to 458.
Railway Shares are inactive. Caledonian, 79e
to 79-a ; Great Eastern, 384 to 39 Great Northern,

107 to 108; Great Northern A Stock, 107 to

107; ; Great Western, 50f, to 51i ; Grand Trunk

of Canada, 151 to 151 ; ditto Fourth Preference,
181 to 181 ; Great Western of Canada, 151 to 16 ;
London and Brighton, 441 to 45 ; London and

North Western, 1-181 to 119-1 ; London, Chatham,

told Dover, 17 to 171.

Bank Shares fairly maintained yesterday's prices,
and the only change in the Miscellaneous Market is

a rise of i in Telegraph Construction, and i in
French Atlantic shares.

BRITISH FUNDS—TWO O'CLOCK.
GOVERNMENT FUNDS.
3 pez. Cent. Consols
„ Ditto for Account, July 7
3 per Cent. Reduced. 92/ 3
New 3 per Cent
New 2f per Cent. Jan. 1894
Do. 5 per Cen Jun. 1873
Annuities, 80 yrs, expire sth Jan., 1880 —
Do, for 30 yrs, expire sth April 1885 --
Do (lied Sea Televaph), Aug., 1908 —
Exchoqurz Hills, £l,OOO, 2/ p. Ct. March pm
Do. 3 do. June 6
Do £lOO, £2OO & £5OO 2
Bank of England Stock, 41 per Cent
Do. opening
Canada 4 per Cent. Bonds —
Inter-Colonial Ommum —
INDIAN GOVERNMENT SECURITIES
uldia Mock, 10f per Cent., April 1874 2o7}
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 per Cent.. Oct. 1888
D 3, Certificates

Do. nfaced Palm,. 4 per C. ,at..,,. 92}
Do. 5 per Cert., Jan. 1872 .....„,„, —
D 9. 5} per Cent. May 1879
Da 5 per Cent., Rup. Deb. 1872 —
D,o do 1877 —
Do. do. 1882 —
ii,,. Deb., 5 per Cent., Aug. 1873 ~ —
Do. Bonds, 4 per Cent., £l,OOO
Do. under .£l,OOO
FOREIGN FUNDS— TWO O'CLOCK.
Argentine Republic, 6 per Cent .....• 7B} 9}
1413trian Bonds 5 per cent —
Do. 1859 —
l'raZillati ij per Cent
09. 4} per Cent. 1852 —
Do, do 1858....
Do. uu, 1860 —
Do. do,, 1863 7O
too. 5 per Cent., 1865 —
Do Account B3l 4
Buenos Ayres 6 per Cent,
Do 2 per Cent. (Deferred 3 per Cent )
Cuba, 6 per Cent.
Dadian 6 per Cent —
Do. 4i. per Cent..., 72
Do. 3 per Cent.,
Do. 6 per coot. 1867 —
, DO. 7 per Cent., 1866
`„; lonbian, 6 per Cent.
VA4ieh, 3 per Cent., 1825........, —
"au', Wan. Principalities, 7 per Cent BOl
Do 8 per Cent„ 1867 —
.„11nador New Oonsolidated, 1 per Cent.
4c4gyptian, 7 per Cent.. —
DO Snood Issue B4}
00..£50C Bonds —
DO. 4100 Bonds ..... 86}
Do. 1864 —
Do. Account
Do. £5OO Bonds
Do. „COG Bonds —
Do. 7 per Cent., 1868
, Government Railway Debentures 9B}
weeic 5 per Cont., 1824 5, ox Coups —
Do. Account
Zo. Coupons
f, Do. Account -
~m,ilatemala 5 per Cent .. —
'l.ollduras Gov Rail.Loan.,lop. Ct., allp d ‘4"l- ,o,
Itslian 5 per Cent., 1865
O. Account ~ -L'',
Do Marenimana Railway
lia ica t 3 per Cent
Ditto for Account

Dn: 1864
-too 6 per Cont. Anglo-French —
iliontevidoan 6 per Cent. • • —
Moorish Imperial 5 per Cent
'low Granada _
Do a per Cen —
bo. Deferred
Peruvian 5 per Cent. 1865
DoAccount 77f i
4} per Cent. (IJOArren)
s° 4} per Cent 1862 -, —
J./0 Account . —