The Sun.
London, England, 1869-08-11 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The fortnightly settlenmat has been a light one,
and now there is a downward tendency in paces.
The rate of discount out of the house is 21 to 2.1
per cent.

Conso'.B are dull to-day at 92f 1 for money;
ditto, for Ac •;,unt, 921 ; Three per Cent. Re-
duced, 93f 21 ; New Three per Cents, 93f 3 ;
Exchequer Bills £l,OOO, March, 6 prem. ; June, 3
Prem. ; ditto £lOO, £2OO, and £5OO, March, 2
prem.
4 ; June, -- prem. ; Bank of England Stock,
Per Cent., ; Canadian 4 per Cent. Bonds, 1963,
103 i.
India Stock, 101 per Cent., April, 1874, ;
ditto 5 per Cent., July, 1880, 1111 1 ; ditto 4 per
Cent., Oct., 1888, ; ditto Enfaced raper, 4 per
Cent., 92+.
In the Foreign Market business is improving.
2Tithiaennlo4tations are :—Argentine, 791 to 80 ; Bra-
to 851 ; Egyptian (1864), 911 to 921 ;
ditto (1868), 761 to 77 ; Viceroy Seven per Cents.,
WI to 811 ; ditto Nine per Cents., 97f to 972 ;
Italian, 551
to 55i ; Mexican, 12 to 121 ; Peru-
vian, 79 to 79/ ; Russian (1866), 931 to 941; Orel,
83+ to 832 ; Charkof, 821 to 822 ; Spanish, 282 to
2,9 i ; Turkish Five per Cents., 441 to 442 ; and
Honduras, 83 to 84.
~111 the Railways there has been a further decline.
the prices are now as follows :—Caledonian, 801
to 81;
f, Great Eastern, 38 to 381 ; Great Nor-
thern, 106 to 107 ; Great Northern (A), 1032 to
.v.`"i ;Great Western, 51 to 51.; Lancashire and
rto 44k
126/ to 1262 ; London and Brighton,
4to- Londcn, Chatham, and Dover, 161
64 ; London and North Western, 1171 to
North
1181 ; London and South Western, 90 to 92 ;
311.0 1
,an
4 '
d, 1171 to 1173 • Metropolitan, 991 to 99/ ;
Eastern.' (Berwick), 111 to 112 ; and South
Eastern, 76 to 74.
_ American Five-Twenty Bonds are 831, Erie
shares are 19+ to 19t, and Illinois have advanced
to 95.
enln t Bank Shares prices are well supported. Uri-
ther
a'f:a:ll London Joint Stock a 7 each 10s. higher,
er being quoted at 431 to 441, and the
at
latter at 301 to 311 ex div. ; Agra (A) is quoted
+,I, 40a
to 11i ; Alliance, 121 to 131 ; Anglo-Aus-
'4n, 22 to 23 prem. ; Imperial Ottoman, 3i to 4f-
prem. ; London and County, 501 to 511 ; and
London and Westminster, 57 to 58 ex div.
Telegraph
Shares are steady. AnglO-American
18Eiqoutotpeedr acte2not.f,
2toi
2220! ; and Atlantic Telegraph
In Miscellaneous Securities the only feature is
42' improvement of f in Hudson's Bay, the price
ueoing 122. to 13. National Discount is quoted 102
e 4
„ xeneral Credit, 11 to 11 dis. ; and Interna-
"Dual Finance, 2 to 12 dis.
There were no gold operations at the Bank yes-
terday.
„ The Lincolnshire, from Melbourne, has brought
46,500.
oil The Brazilian mail steamer Oneida has taken out
'Y £9OO in specie. The Cambria has sailed for
thei Cape with £20,000, of which £lO,OOO is on
Government account.
A letter has been posted at Lloyd's, announcing
the loss of the Hamburg-American steamer Ger-
a:llia off Cape Race. She left New York on the
August, with, it is believe 3, about 200
arBsengers, all of whom, together with the crew,
s saved, although the vessel is a total wreck.
e was of 3,000 tons burden, her cost was
£90,000, and her present market value about
C,°oo. The amount of specie on board is not
Eave Vin,ll° nor is it stated if the mails or specie were

Advices from Ireland report the failure of a firm
at -Belfast in the linen trade, with liabilities
attiounting to about £70,000.
At the half yearly meeting of the Improved
Industrial Dwellings' Company, a dividend at the
rate of 5 per cent. per annum was declared, and a
balance of £1,620 3s. was carried forward to the
new account.

:X1 Liverpool Journal of Commerce states that a
private telegram from Belfast announces the sus-
pension of Messrs. Bell and Borthwick, with liabi-
lities for £BO,OOO, and assets not ascertained.

According to the New York Herald, the 'con-
struction of the Puebla branch of the Mexico and
Vera Cruz Railroad is in rapid progress, and ar-
rangements are already being made for a grand
jubilee at Puebla on the 16th September next, the
anniversary of the independence of Mexico.

It is stated that the India Government propose
to make all their further issues of railway capital
On the basis of 4 per cent. interest, and that in the
ease of those railway companies which have already
received powers to issue more capital at 5 per cent.,
there is to be attached to such issues no participa-
tion in future profits beyond the guaranteed rate.
Should this statement be confirmed, it must, by
further establishing the peculiarly favourable cha-
racter of the conditions enjoyed by the existing 5
Per,, Cent, guaranteed stocks, contribute to give
these securities a still stronger and more excep-
tional position in the market.
It appears that the total liabilities of Messrs.
1,
ranghiadi and Rodocanachi, who suspended on the
'd inst. in the Brazilian trade, are £200,000, and
ttilat the assets, consisting of produce, &c., in the
zie`ted States, Trieste, and London, are worth about
111°29)000, exclusive of the claim of the firm on the
'louse for £150,000, the fate of which is entirely
doubtful.
i.t is stated that a prospectus of an " East India, ,
illat riie) and American Telegraph Company" will be
thertlY. This company will lay submarine
soeaal aoultchugtothe coast of China and in the Chinese
Singapore, and via the North Pacific
toeeail to North America, thereby completing the
telegraph circuit of the globe.
prok,.tivices from Odessa continue to confirm the
4Pects of the harvest in Southern Russia. The
qcantit
; yof wheat will be very large, but an
opi-
cannot be Positively given as to the quality
untilh the effect of some recent heavy rains shall
Will
been ascertained. Of Indian corn the yield
foube heavier than at any time during the past
abr Years, and the rye crop is also extremely
si:orhe tram, return of the Metropolitan Railway
eases an increase of £2,453. The increase in the
Way ?f the Metropolitan and St. John's Wood Rail-
taia'l,lJi '6(2)7. The traffic return of the Metropoli-
:tstrict Railway is £724.
toe 4 the twelfth ordinary general meeting of the
rate ,Tirand South Western Bank a dividend at the
vie 08. per share was adopted.
Ch suer
ratieu e or Stuart has sanctioned the decla-
eredit:' a first dividend of 3s. in the pound to the
of the International Contract Company
(Limit ed).
Celehe ligilidators of the County and General Gas
tlecaere,
first Company (Limited) have announced a
'end of 10s. in the pound.

,TIIN. FUIDX-TWO O'LILOOK.

a pe(.jortitNmExT uxDis.;
s otottoUeioti:
Account
............... .
,922 i, I
ccount Sept 8
93i 2i
xct)er lieut. Reduced..........................
,_ 3
llew , Per Cent ........................... 3i
tbri...,
8, 80 yrs,
13' 21 per Cent. Jan. 1894
tuts,le _
k °'. . Per Cen
.1 an. 1873
r,.. for so
yr 2, a
xepaiprieres
tshthAJp
April
.1,81:!::
____—
L., '-'.O Uted Sea l'elevaph), Aug., "I 908••• —6
pm
•-zenoclizzr itilla, 41,00 U, 21p. Ct. March ,
Do. • 3- do. Juno
3
~ 03
2
umv.
£lOO, £2OO & £5OO
h^ of England Stock 4; per Cent
1c,4"" opening ............... . ---.,,
,114,14 4 per lieut. •
Bonds
4,orolouial Oniniutu
in 1.1N1)14N DOVERNMENT ISECURITIEt4.
.14 t,.:2,Ck., 10i C t April 1874 —
Do. „ . Per en ~
Jo,
u, uperahg, for Account
-0. 9 Per, . , ,i..no
Lent. .1 ih,. ,o .....
~.,°. I pet. Cent lBBB .
. • . -, Oct'•
EO. 0. ertihcates . --_
Bufaced Pape, 4 por Cent.. ...., - 921
o°. a per Cent., Jau. 1872 ....-w- • B.)°' 54 Per Oziat. May 1879
_
5 Per Cent., Itup. Deb. 187:2
.00
do 1877
_
Do.
do. 1882
1),,-. Deb., 5 per Cent Aug. 1873 •""' .._.
Bonds, 4 per., £l,OOO
pmi)o under 41.000
.
4t.
4,
enti POREIW.T .... ... S - TWO "ZCli.
neltepublic, 6 per Coat ......