The Sun.
London, England, 1869-11-24 00:00:00

MONEY MARKET

AND
COMAIERCIA.L INTELLIGENCE.

CITY, Two O'CLOCK.

Business on the Stock Exchange Las become
again depressed owing to the large failure in the
corn trade, and prices at the commencement gave
*way a little, but towards one o'clock a favourable
turn took place, and the fall of at the opening was
recovered. Foreign Securities are in most instances
firm, but Railway and Telegraph shares were not
an good.

Consols are now at 938 to 931 for money ;
ditto, for Account, 931 ; Three per Cent. Re-
duced, 92 1 ; New Three per Cents, 92 ;
Exchequer Bills £l,OOO, March, par ; June,
4 prem. ; ditto £lOO, £2OO, and £5OO, March,
; June, prem. ; Bank of England Stock,
41 per Cent., 238.
India Stock, 101 per Cent., April, 1874, 2121 ;
ditto 5 per Cent., July, 1880, 115 ; ditto 4
per Cent., Oct., 1888, 1001 1 ; ditto Enfaced Paper,
5 per Cent., ; ditto Bonds £l,OOO, 25 21 prem.

In the Foreign Market Turkish Five per Cents.
are now at 431. The Six per Cant. L-)an of 1865
also better, at 651. Brazilian Bonds have risen
to 84 to 841. gyptians are fiat, the 1864
Bonds being 86 to 87j, and ditto 1868, 77 to 77k.
Italian Stock is firmer, at 53 to 531, opening at
53. Mexican, 13} to 134 ; Peruvian, 83 to 831 ;
Charkof, 80 to 801 ; Orel, sot to 81;1, ; Argentine,
84 to 841.

In the Railway market business is dull. Metro-
politan are now 11 lower, at 834 to 831 ; Great
Western are 55/ to 56. Great Eastern, 364 to
361; Midland, has improved since the opening,
being 1181 to 1191 ; Caledonian is 781 to 78/ ex
div. ; Great Northern, 106 to 107 ; ditto (A), 107
to 1071 ; Lancashire and Yorkshire, 1251 to 126 ;
London and Brighton, 44 to 441 ; London, Chat-
ham, and Dover, 15/ to 16 ; London and South
Western, 90 to 92 ; and South-Eastern 76/ to 77.
American Five-Twenty Bonds are 831 to 83/ ex
div. ; Eric Shares are 201 to 204 ; Illinois 99
to 99f.
Lombardo-Venetian are 20 to 201, and Great
Luxemburg at 121.

In Bank Shares prices are without change.
Anglo-Austrian, 10 to 12 prem. ; Consolidated
4,1 to 41- ; Imperial Ottoman 21 to 21 prem. ;
London and County, 48 to 49 ; and Oriental,
41 to 42.

In Miscellaneous Securities there is an improve-
ment of in Hudson's Bay, the price being 131 to
13} ; National Discount is steady at 111 to 111 ;
General Credit, 11 to 1 dis. ; and International
Finance, 2 to 11 dis.

At Mark-lane this morning the attendance was
poor and the inquiry dull. English wheat was dif-
ficult to sell at Monday's decline. Foreign still
tending downwards. Floating cargoes have been
sold cheaper. Flour nominally unchanged.
There were no gold operations at the Bank yes-
terday.
The Manchester markets this week have opened
without any symptom of revival.

The Bank of Bremen has reduced its rate of dis-
count from 5 to 4f per cent.
The continued depression in prices has at length
brought down one of the largest firms in the corn
trade. Messrs. James Pim and Co., of Dublin,
with branch houses in London and Liverpool, has
suspended payment. The amount of their liabilities
has not yet been ascertained, but an impression
Seems to prevail that it is likely to be about £200,000.
As regards the prospect of liquidation, also, nott.ing
definite has transpired, although a report is current
that about 10s. in the pound may be expected. The
Dublin house is an old one, and has long enjoyed
a leading position from the extent of its transac-
actions ; but the London branch was not established
until 1862, while that at Liverpool dates only from
the year before last.
The Cuban correspondence in the last New York
journals appears to confirm the recent statement
from Madrid, of the insurgents in the eastern
division of the island having sustained a severe
defeat.
The Jornal do Commercio of Lisbon of the 18th
inst. published a ]vices of the 31st of October re-.
ceived by the Magellan from Rio Janeiro. The
latest accounts front the seat of war in Paraguay
announce that Count d'Eu had reached St. Esta-
uislau on the 14th of October with the Brazilian
army under his command. Lopez had abandoned
Curuquaity for Iguatemy, 30 leagues distant from
St. Estaniilau. It was supposed that he was flying
to Bolivia, and General Camara was en route for
Conceicao, hoping to cut off his retreat in that
direction.
The failure is announced of Messrs. Henry Travis
and Son, flannel manufacturers, of Rochdale, with
liabilities amounting to £B,OOO.
The London and China Telegraph says :—" The
liquidation of the China firms who failed in 1866,
&c., has not yet been completed, but up to the pre-
sent time they have yielded as follows :—Buchanan,
Hamilton, and Co., ss; Fletcher and Co., ss. 6d.,
with 6d. to follow shortly; Scott, Bell, and Co.,
73. 6d. ; Lindsay and Co., 7s. 3d., and 3d. to fol-
low, making the 7s. 6d. guaranteed by the friends
of the partners."
The Metropolitan Railway traffic return shows
this week an increase of £1,470 over last year ; the
Metropolitan and St. John's-wood an increase of
£62 ; the Glasgow and South Western an increase
of £542 ; and the Great Luxembourg an increase
of £1,371.
The half-yearly meeting of the Southwark and
Vauxhall Water Company is convened for the 9th
December.
Vice-Chancellor James has fixed the 3d of
December for the appointment of an official liqui-
dator of the Matlock Old Bath Hydropathic Com-
pany (Limited).
At a meeting of the Hudson's Bay Company the
directors' report, which has already been published,
Was adopted, with the exception of the paragraph
relative to the claims of the factors of the Oregon
Compensation Fund.
An extraordinary meeting of the Telegraph
Construction and Maintenance Company (Limited)
will be held on the 30th inst., when a resolution
Will be proposed for altering the articles of associa-
tion in the following sense, viz.:—The directors
'nay from time to time, with the :sanction of an
extraordinary meeting, return to and divide rate-
ably among the shareholders any part or parts of
the paid-up capital and assets of the company at
Such time or times, and by such instalments, as the
board shall think fit. The company may, from
time to time, by special resolution, modify the con-
ditions contained in its memorandum of association
Bo as to reduce its capital to such extent and in
such manner as the company in general meeting
Shall, from time to time by special resolution,
determine.

BrIITII6II FUNDS—TWO O'CLOCK.
tiOVERNMENT YUND&:
° Per Cent. Consols
k -Ditto fur Account, Dec. 1
"tv per Cont. Reduced 92 1
k,"w per Cent
.Lolv 31 per Cent. Jan. 1894
Do. 5 per Cen Jm3.1873
wanuities, SO yrs, expire sth Jan., 188 y —
Do. for 3U yrs, oxpire sth April 1885._
Do Red Sea Telebrah), Aug.,
Ezotiot(ite:,r Bills, £l,oopo, p. Ct. llarch prr
Do. 3 do. June
Do £lOO, £2OO .t £5OO pu
Bank of England Stock, 4i per Cent
Do. opening
Canada 4 per Cent. Bonds
luter-Oolenial Ornnium

, INDIAN GOVERNLIENT BECURITIEe.
'Mitt ;!tOcls', 10f per Cont., April 1874 2121
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
u, o. Enfaeed Paper 4 por Cent..,... —
t-s'o. 5 por Cert., Jan. 1872
',;'o. Sf per Cent. May 1879 —
.1.1.) 5 per Cent., Rup. Deb. 1872 —
Do do 1877 —
Do. do. 1882 —
'Jo. Deb. 5 per Cent., Aug. 7,873
Do. Bond's, 4 per Cent., £l,OOO ......
Do. under £l,OOO —
FOREIGN FUNDS— TWO O'CLOCK.
Ar -
gentme Republic, li per Cent
A unrian Bonds 5 per cent
Br
'Lillian 5 per C©t —
12',0. q per Cent. 1852 —
4/0. do 180" m