The Sun.
London, England, 1869-07-16 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CII'Y, Two o'CLocK.

Consols are quiet to-day at 928 38 for money ;
ditto, for Account, 93 ; Three per Cent. Re-
duced, 921 ; New Three per Cents, 921 4 3 ;
Exchequer Bills £l,OOO, 12 pm. ; ditto £lOO, £2OO,
tend £5OO, 12 prem. ; Bank of England Stock, 4
per Cent., —.

India Stock, 103.- per Cent., April, 1874, 207 9 ;
ditto 5 per Cent., July, 1880, 112 114 ; ditto 4 per
Cent., Oct., 1888, 101 1004 ; ditto Debentures,
1031; ditto Bonds under £l,OOO, 20 prem.
In the Foreign Market prices have slightly given
way. Egyptian (1864), 92 to 94 ; ditto (1868),
784 to 794 ; Honduras, 83 to 84; Italian, 54i t 0544;
Mexican, 121 to 13 ; Peruvian, 78 to 783 ; Rus-
sian (1866), 92 to 93 ; Orel-Vitebsk, 82 to 83 ;
Uharkof, 811 to 810 ; Spanish, 293 to 294 ex div. ;
Turkish Five per Cents., 444 to 45 ex div. ; ditto
Six per Cents., 671 to 671 ex div., and the Sixes
67 to 673.

American Five-Twenty Bonds are 82i to 82a,
and Erie Shares, 19 to 19g.

Railway Shares have fluctuated. Prices are
now :—Caledonian, 82 to 82/ ; Great Eastern, 38;
to 38} ; Great Northern, 107 to 108 ; Great North-
ern (A), 106 to 107 ; Great Western, 51/ to 52 ;
London and Brighton, 46 to 461 ; London, Chat-
ham, and Dover, 161 to 171 ; London and North
Western, 119 to 119/ ; London and South Western,
89 to 91 ; Metropolitan, 102 to 102/ ; Midland,
118 to 118/ ; and South Eastern, 771 to 781.
Bank Shares are steady. Agra (A) is 11 to 14 ;
Alliance, 14/ to 151 ; Anglo-Austrian, 19 to 21
prem. ; Impeaial Ottoman, 21 to 2.1 prem. ; Lon-
don and County, 50/ to 511 ; London and West-
minster, 60 to 61 ; Oriental, 41 to 42 ; London
Joint Stock, 32t0 33.

In Miscellaneous Securities, Hudson's Bay are
steady, at 12i to 131- ex div. and International
Finance, 2 to 14 dis.

At Mark-lane fresh up corn to• day was very
limited, and trade ruled very quiet at last Monday's
prices.

The sum of /173,000 in gold was taken to the
Bank yesterday.
The Reigate, from Port Phillip, has brought
£56,500, and the New York, from New York,
£6,711.

The bulk of the £400,000 of Mexican dollars
brought by the French packet La France and the
American steamer Westphalia has been disposed of
at 60d. per ounce, showing an advance of id. Bar
silver is steady at 60 5-16 d. for the Continent.
At the meeting of the London Joint-Stock
Bank to-day the usual dividend at the rate of 121
Per cent. per annum was declared.
The report of the National Discount Company
to be presented on the 21st inst. shows an available
total of £60,917, including a previous balance of
11,939, and recommends a dividend at the rate of
15 per cent. per annum, leaving £1,076 to be car-
ried forward.

The London, Chatham, and Dover Railway
traffic return, including the Metropolitan Exten-
sion and branches, shows this week a decrease of
£433 compared with the corresponding period of
last year ; the Metropolitan extension, separately,
a decrease of £lBO ; the Lancashire and Yorkshire,
a decrease of £1,301; the North Eastern, an increase
of £3,649 ; the Caledonian an increase of £3,666 ;
and the Manchester, Sheffield, and Lincclnshire, an
increase of £2,129.

At the meeting of the shareholders of the Alliance
Bank (LiMited) the 'directors' report was adopted,
and a dividend declared for the half-year at the
rate of 4 per cent. per annum, free of income-tax.

At a meeting of the proprietors of the Metropoli-
tan Bank (Limited) a dividend was declared for
the six months at the rate of 5 per cent. per annum,
free of income tax.

At the meeting of the Westminster Brewery
Company (Limited) a dividend was declared at the
rate of 5 per cent, per annum.

The half-yearly meeting of the directors of the
Peel River Land and Mineral Company (Limited),
to be submitted at the meeting on the 23d inst., re-
commends an interim dividend of 1 per cent.
The total traffic receipts of the Ottoman Rail-
way from Smyrna to Adin for the half year ended
the 30th June, 1869, amounted to £35,584 is. 2d
against £21,222 Bs. 4d. for the corresponding six
months of 1868, being an increase of £14,361
12s. 10d.

It appears by the last accounts from Australia,
that the advices received by the Melbourne Meat-
Preserving Company respecting the sale in London
of their tinned meats had given very great satis-
faction throughout ;,he country, and that in conse-
quence it was confidently expected the various
boiling-down establishments will have factories for
similarly preserving and shipping to Europe the
large quantities of meat hitherto wasted and
destroyed by the process of boiling down the stock
to extract the tallow. At one establishment near
Ballarat 180,000 sheep were boiled down for tallow
during the past 18 months, and the mutton de-
troyed by the process is estimated at 1,800,0001 b.
Weight, which, if preserved, might have been sold
ja Europe for £41,000.
The return from the Bank of England for the
Week ended the 14th of July gives the following
results when compared with the previous week :--
Rest
p 4
-.p
in depositg
Other deposits 19,941,303 Decrease 1,150,157
On the other side of the account :
aovernment securi-
ties £15,722,824 ... Increase ... 19,825
Other securities 16,695,837:... Decrease 1,714,250
Notes unemployed 9,836,490 ... Increase ... 87,810
The amount of notes in circulation is £23,912,415,
?slug a decrease of £83,915 ; and the stock of
nullion in both departments is £19,769,838, showing
decrease of £40,760 when compared with the
Preceding return.
Subjoined is a comparison of the present position
of the Bank of England and the prices of Consols
and French Rentes with the corresponding week of
last year :

At Present. Same Week
last Year.
Bullion
'Reserve
Notes in circulation 23,912,415 ... 24,876,360
Rate of discount
Consols
French Rentes
The following is the official return of the cheques
and bills cleared in the Bankers' Clearing-house for
the week ending Wednesday, July 14 :
Thursday £10,762,000
Friday
Saturday.,.
Monday 9,423,000
Tuesday
Wednesday 9,684,000

£62,369,000

BRITISH FIIIIDS-TWO O'CLOCK.

8 (iOVERNMENT FUNDS.
Pele Cent. Consols
8 Ditto for Account, July 7
xr Par Cent. Reduced 921
yieW 3 per Clint
eilv 2t per Cent. Jan. 1894
Annuities
4"°. i- Cen .I%n. 187 3
30 yrs, expire sth Jan., 1880 —
-00. for 30 yrs expire sth April 1885 —
D i)c. (Red Sea Televaph), Aug, 1908 — •
....t chequ3r Bills, £l,OOO, '2l p. Ct. March pm
Do Do: 3 do. June A
. dcsoo
B
9•11 k of England Stock,£2oo 41 per 8
Cent
c.llO. opening
1 'nada 4 per Cent. Bonds —
4tor-Colonial ()mini um
Ind.
11.tbrAN GOVERNMENT SECURITIES
a c2tOCk, 10i per Cent., April 1874 207 9
1-6)0. Opening, for Account —
,o• 5 er Cent. July, 1880
r-,°' 1 Per Cent., Oct. 1888
4-'O. Certificates
Do. Enlaced I''.pe, 4 per CAnt.. ....
n°. 5 per Cert., Jan. 1872 ......... —
—n°' 51 Per Cleat. May 1879
.13 5 Per Cont., Ruop. Deb. 1872
d
bo 1877
Do. do. 1882 —
'l').4 Deb., 5 per Cent., Aug. 1873
P,o• Bonds, 4 per Cent., £l,OOO
DO. under .Cl,000
FOREPaN FUNDS— TWO O'CLOCK.
AuAentine Republic, t per Cent
triaz Bonds 5 per cent
13r . . Do. 1859 —
azilial2 per Cent —
133. 41 per Cent. 1852 —
Do,Do. do 1858 —
1p uu. 1860 7ll
. do., 1863 —

Do. 5 per Cent., 1865
Do Account 4i-
13.:enOS Ayres 6 per Cent.
DJ 2 per Cent. (Deferred 3 per Cent )
Cu3a, 6 per Cent.
6 per Cent
Do. 4k per Cent 72
Do. 3 per Cont.,
1 o. 6 per co.,t. 1867
•••
10. 7 per Cent., 1866
C lo übiau, 6 per Cent..
Dansn, 3 por Cont., 1825
Dan.‘hian Principalities, 7 1..0r Cent —
Do 8 per Cent., 1867 9l
Equador New Consolidated, 1 per Cent
Egyptian, 7 per Cent
Po Sevood issue
Do. £.su!. Bonds
Do> £IOJ Bonds
Dc. 1864
Do. Account
Do. 1.500 Bonds
De 410 C Bonds 9l
Do. 7 per Cent., 1868
Government Railway Debentures
Graor 5 por Cent., 1824 5, eX Coups
Do. Account
Do. Coupons
Do. Account
3a:own:tin. 5 per Cent
Honduras Goy Rail. Loa 10p. Ct., all pd 8:31
ltJ/ian 5 per Ccut., 1865

~ 87

. .
Do. Account •
Do Maremmana Itaiiw•ty
Ilexicau 3 per Cent
Ditto fc,r Account
Do. 1864 —
Do 6 per Cont. Anglo-french., —
liontevideau G per Cent. .. —
itlecrish Imperial 5 per Cent
Kew Granada l7l
Do 3 per Cen —
Do. Deferred
Pe-uvian 5 per Cont. 1865
Do Account .. 784 8
Do 4} per Cent. (I.Ti:')urren)
Do 4} per Cent.. 1862 -
Do Account —
Por,aguese;3 per Ct., 1853,'6, 7,'9,'60,'2,'e 341 1
Do. do. 1867 —
Do. do. Scrip, £2O paid —
R tssia.n 5 tier Cent., 1822, £ St
Do 4} per Cent 1850
Do 41 per Cent., 1860
Do 3 per Cent., 1839
Do 5 per Cent., 1862
Do :do, Scrip —
Do. Anglo-Dutch, 1864, £lOO Boucle 931
Do. do. £B4 15s. do —
Do., 1866, £lOO Bonds 921
Da. do £B4 15s. do —
Do Nicolas Railway 671 1
Sardinian 5 per Cent. - -
Spanish 3 per Cen ... —
Do. Account ... . 3Ol
Do. 1867
Do. Account
Do. New Deferrou —
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 per Cent.' •.......
Do Account
Do 6 per Cent. 1858 —
Do Account
Do £lOO Bonds —
Do 6 por Cent., 1862 —
Do Account
Do £lOO Bonds 6Bl 9 81
Do 5 per Cent. 1865 —
Do Account
Do 6 per Cent., 1860 671 t
Do 1 nor Cent., Guaranteed
Do Land Warrants (Hectares)
Venezuela 3 per Cent. —
Do. Acc. ant
Dividends on the above payable in London.
Austrian o par Cent. Ex 10 Florins
Belgian, 41 per cent., Ex. 251.
Dutch 21 per Cent. 1,.;x. 12 Guil —
Do. 4 per Cent. Certificates ..... —

Do. Account
French Rentes, 3 per Cent., Ex. 25f.
Italian 5 per Cent. 1851, E. 'Zof.
DJ Account 55 41
TWO O'CLOCK.
Oonsols, Money
Do. Account, August 5 -

CORRESkUkIDENCE FROM PARIS.

(FROM OUR OWN CORRESPONDENT.)
PARIS, THURSDAY, July 15.

We are in hourly expectation of An Imperial decree
appointing a new Ministry and reconvening the Corps
Legislatif. It is generally agreed that the Emperor will
yield to public opinion, and abrogate the prorogation,
which meets with no support in any quarter. As to the
Ministry, all is as yet conjecture ; but it is likely that the
list I sent you a day or two ago will be found pretty near
the mark. The only point of importance next to the re-
tirement of M. Rouher is the question whether the Third
Party will consent to take office. Sp far MM. 011ivier
and Buffet, the leaders of the party, obstinately
refuse. It is asserted, and very plausibly, too,
that none of the Moderates will accept a seat in the
Cabinet unless the Emperor dissolve the Corps lAgislatif
and have it elected again, without any interference on the
part of the prefects— without auy official candidates in
fact. It is difficult to see how they could consistently
come to any other decision. The reforms, though liberal
for the Emperor, are not liberal enough for their pro-
fessions. Probably you will get the list of the new
Ministry by the time this is in type.

The Liberte says that M. Segris (Third Party) has been
summoned to Saint Cloud ; but he will take office only cyri
condition that at least five of the Moderates take port-
folios with him.

It is certain that Prince Napoleon bas played an Im-
portant part in the events of the last few days. He much
desires M. Emile 011ivier to enter the Cabinet ; but it is
very doubtful whether the latter will do so.

The Temps, in a leader on the prorogation, says that all
hope of constitutional government is vain so long as any
politicians of the coup d'etat school remain at the head of
affairs. Here we have had a new and reformed regime
inaugurated by an arbitrary Act. The Emperor must
make a clean sweep of his old advisers, and start business
afresh with politicians who can comprehend the new order
of things. . _

We have indeed fallen upon strange times. A few weeks
ago the man who would prophesy that the Pays and the
Public would at any time, or upon any pretext, condemn
an Imperial act would have been laughed at ; but
they both do this to-day. The prorogation of
the Corps Legislatif is soundly condemned by
these two ultra-Imperialist papers. The Public says
that the Emperor's message leaves the country in expecta-
tion ; the prorogation is a fault which holds it in dis-
quietude. The Pays says that it is neither reasonable
nor proper to atop the session whilst the work for which
it was specially convened is unfinished. To cut:as it were
the Chamber in two, leaving fifty-five districts without
representatives, is "regrettable, imprudent, and unjust."
The Temps asks if it is not one of the signs of the
times to find official and Imperialist papers writing in
this style.

I am told that the senators are in a terrible fright. The
idea of granting so much liberty seems to them prepos•
terous, and they fear that one of the first results of the
reforms which they have to arrange will be to diminish
the power and alter the constitution of their own body.
I need scarcely explain that the reforms are to be sub.
mitted to the Senate, which will settle all matters of
detail.

A mistake was committed by the Ttmes, in a leader
on the Emperor's Message, which may produce a wide-
spread impression of error. The Times assumed that
the Corps L6gislatif would not be granted the power of
electing its own President and Vice-Presidents. It will
in future have this power, and a highly-esteemed conces-
sion it is. The Tillie,' fell into error by mistaking "Le
Bureau," which is a general term for all the officers of the
House—President, Vice-President, Secretaries, and Ques-
tors--for"leshureaux,"which means simply the nine com-
mittees into which the whole number of deputies are
divided, and which decide upon the propriety or otherwise
of questions and upon election returns.
A man was lately sentenced to three months' imprison-
ment for striking a sergent-de-ville in the late Paris
riots. The sentence was appealed against yesterday. An
Imperialist deputy who defended the prisoner put in an
extraordinary plea in his behalf. He said that the charge
of complicity in the riots was altogether against the
prisoner's antecedents, for his father had been one of the
most energetic supporters of the official candidate in his
native circumscription. In fact, so vigorously had he
worked on behalf of the Government representative, that
the defeat of M. Eugene Pelletan, the Republican, was
not a little owing to his exertions. The court did not
see the force of this plea. The times are too Liberal for
such doctrines to prevail. The Imperial Procureur like-
wise appealed against the sentence, on the ground that it
was too light, and it was accordingly increased to five
months.

A narrow escape from burying alive recently occurred
near Dijon. A man of Bouhey had, from over indulgence
in drink, fallen into a state of lethargy so complete that he
was believed to be dead. Preparations were made for the
funeral, and his son was telegraphed for to Paris. The man
was laid out, the tapers lighted, and the friends of the
supposed deceased came to pay their farewell visit. One
woman, however, remarking that one of the arms
was hanging down, took it up to replace it on the bed,
when at 'the touch the corpse was at once galvanised
into life, opened its eyes, and looked round. 'The relatives
were horribly frightened, but the man speedily came
round, and is now recovering. His father was once nearly
buried whilst in a state of coma.