The Sun.
London, England, 1869-09-15 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

A sum of £16,000 in bar gold was withdrawn
frcm the Bank yesterday for transmission to the
Continent.

The Deutschland, from New York, has brought
£28,104.

The Money Market to-day is easier now that the
settlement is over. Spanish securities, however,
have declined in consequence of the Cuban diffi-
culty. In the Railway Market the American lines
maintain their advance of yesterday, but English
are drooping.
Consols are quiet at 92i to 92} for money ;
ditto, for Account, 92} ; Three per Cent. Re-
duced, 91i 1; New Thee per Cents, 911 1 ;
Exchequer Bills £l,OOO, March, 6 prem. ; June,
10 prem. ; ditto £lOO, £2OO, and :£5OO, March,
prem. ; June, prem. ; Bank of England
Stock,
4 per Cent., 945.
India Stock, 101 per Cent.,'April, 1874, —;
ditto
5 per Cent., July, 1880, 1141 ; ditto
4 Per (-ent., Oct., 1888, 1001 ; ditto Enfaced
Paper, 4 per Cent., ; ditto 5 per Cent., 106 ;
ditto Debentures, 101 ; ditto Bonds £l,OOO, 30
Prem.

, The Foreign Market is flat, with the absence of
ensiness. Argentine Bonds arc 79i to 791 ; Egyp-
tian (1864), 904 to 911 ; ditto (1868), 751 to 764 ;
Vittroy Seven per Cents., 79/ to 801 ; ditto
e per Cents., 971 to 971 ; Italian, 52
tir: 524 ; Mexican, 12 to 121; Peruvian, 79 to 791;
Russian (1866), 934 to 941 ; Orel, 841 to 85;
Charkof, 804 to 801 ex div. ; Spanish, 264 to 26/ ;
Turkish Five per Cents., 414 to 414; and ditto
Slit per Cents 651 to 651
American Securities are firm. United States 5-20
Bonds are 4 better, at 83 to 834 ; Erie Shares show
a further improvement of 4, at 28 to 29 ; Illinois
are also 4 better, at 94 to 95 ; and Atlantic and
Great Western are firm.
Notwithstanding the heavy decline in Railways
last night, there is to-day a further downward
movement in English railways. Lancashire and
Yorkshire,
and Midland have declined 4, Metropo-
litan, South Eastern, Great Western, North West-
ern, each. The following are the prices :
edon
Calian, 821 to 834 ; Great Eastern, 361
to 37
ex ___
div. ; Great Northern 102 to 103 ex
Gre Great Northern (A), 984 to 99 ex div. ;
at Western, 514 to 534 ex div. ; Lancashire
allti Yorkshire, 1244 to 1241 ex div. ; London
kid Brighton, 441 to 44/ ; London, Chatham, and
Dover, 161 to 161; London and North-Western,
1164 to 116 ex div. ; Metropolitan, 844 to 851 ex
; Midland, 1154 to 1154 ex dir. ; North-
-dastern (Berwick), 1134 to 1144 ex dir. ; and
south Eastern, 754 to 764 ex div.
Bank Shares are dull and inactive, and the only
movement in prices is a decline of lOs in Oriental,
liteeh adiy,
s quoted at 424 to 434. London Joint-Stock
:411
at 294 to 301 ; Union of London, 344 to
„54 London and County, 49 to 50 ; Chartered
-s.lereautile, 324 to 331 ; Alliance, 124 to 131 ; and
Agra (A), 11 to 114.
Miscellaneous Securities continue quiet, and
prices are without change. Hudson's Bay is
International
at 121 to 13 ; General Credit, 14 to 1 dis. ;
....international Finance, 2 to 14 dis. ; and National
Discount, 104 to 111.
a al\r°t much business is doing in Telegraph shares,
no particular change is marked in prices. An-
raerican is inquired for at 204 to 201 ; French
~ahle steady at 161 to 17 ; and Telegraph Con-
4trnetion and Maintenance, 29 to 294.
, urln Continental Railway Shares Great
gig
steady, at 111 to 12 ; and Lombardo-Vene-
'lan, 194 to 204.
light arrivals.
The directors of the Agra Bank have declared
;‘,l ad interim dividend for the six months ending
he 30th of June last on the paid-up capital, at
le rate of 7 per cent. per annum, payable on
440 d after the Ist of October next, before which
ate the usual warrants will be issued to the share-
holders.
A statue of the great Wall-street operator,
` Commodore" Vanderbilt, who is still the leading
aPirit of American railway speculation, is to be uu-
l'ejled and inaugurated about the first of next month
°in, a point close to the Hudson River railway depot.
ie Cost, which was raised by subscription, is as-
serted to have been equal to £70,000 or £BO,OOO,
t"" the work is described as " so colossal in its pro-
:,;rtiens, so magnificent in its execution, and so
111irable in its design as to challenge the wonder
sad the admiration of the world."
Charleston advices mention the introduction of
a
time quality of cotton. It is stated that some
fe back a small quantity of cotton seed was
ririnre.d from California, part of which was planted
th„, l'"-ssippi and part near Selina, Alabama, and
Ithe results have been very favourable. Among
other alleged advantages are its great productive
ave°rWee:, as it yields two and a half to three bales per
Ivbie, and the period of its coming to maturity,
or `' is two or three weeks earlier than that of
cotton. The fibre is of about medium
strength and quality.
4484111 eetiug of the shareholders of the Imperial
n Gas Company (Limited) was held yester-
C:sh:" the offices of Messrs. James, Edwards,
%jell and Stone. The report of the liquidators,
Prehes.,was adopted, showed that the whole of the
tiaivrnaLl had been realised, and the creditors'
„PaY abotatid in
full, leaving a surplus sufficient to
recur £2 153. per share to the shareholders.
4 Balaof £2 ss. per share was declared, leaving
Sty
:ro an
tei
nig%
ncies that
ts of the liquidators against
may arise, and the share-
leZti r expressed themselves satisfied with the
duetede In which the liquidation had been con-
liortultyteow York papers received to-day contain
N/ith 8648111430 d an impression that negotiations
The Lt.-it:is_ regarding Cuba have been broken off.
"1 of os ntinve erne e
t intelligence from Washington on the
as follows by the New York Jour-
-BPateh Our special 'Washington de-
ll, es this me .
entails • ruing contain authentic and mo-
Pre information on Cuban affairs. A definite
a. Po ,
the
au naving been made by our Government,
Ivf Ith
°r the inasseht of the chiefs of the insurrection,
slaves,
.2i,ePendence of Cuba, the liberation of the
.44,1 aea'ungottethe compensation of Spain for all real
Iftnpertauti Spanish losses, Spain proposes some
Pe to accept, and on which our Government, after
ithe Spanialli: has decided that it is useless to treat.
11effe
that Regent has accordingly been informed
bolat Eilibata..he Must accept or reject the proposi-
,ne 110130 that
as it was first offered. It is to
Iseane ti`trittLat Marshal Serrano and his virtual col-
ueeiBion.,, may come promptly to the only wise
Auot,
is said t!r American railway consolidation scheme
b tie the be contemplated in some arrangements
taitl
allalr,,t of the New York Central Company to
:eeitwh_sralbgr.l.:atireeatnofethe Great Western of Canada line
of thrr, .lew to its being made a link of the system
to the West, so as to enable the
tellrres the'ak-jv utral to meet on something like equal
xred by t
Lae autages lately said to have been se-
e press Erie. The journals in the Dominion
Will .nuignation at the •
Perha„s idea, but as the proposal
tithe.
sharehltioloosetrpseornfizenct,
best and found calculated to develope in the
er s
ttehren
f interestsca na
Canada,
rernatanlnNer
ailwa
frooa IL'Jtil the capital of whit h
was supplied
that bodubiand) it will probably be welcomed by
with re Y
rd
ho alone are the parties to take action 1
ga rd it.

13}tvrisarubift—Trire o'cLocx.
3 NW 1(1
:).I.P.IINAIZNT
92 Z
Consols
NPer Ditto for Account, Oct. 6.
bey ,(3e4t. Reduced
per Cent ...........................
Lc, Per Cant, Jan. 1891
44 "1;4". Per Celt J 1873
Ltn.--I"' 80 Yrs, ezpiro sth Jan., 1880 —
for 30 yrs expire sth April 1885 —
D,%e°olted en. rL3le6raph), Aug., 1908 —
quer bills, Xl,OOO, 2t p. lit. March
T, Do. 3
do. Juno
4544 t.
ZlOO, £2OO & .C5OO
Of LOglan.4 stock} per Cent