The Sun.
London, England, 1869-06-14 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoca.

Consols are steady to-day at 921 1 for money ;
ditto, for Account, 92/ ; Three per Cent. Re-
duced, 921 1; New Tkree per Cents, 921 f 1 ;
Ex ;hequer Bills £l,OOO, 2 dif. ; ditto £lOO, £2OO,
and £5OO, ; Bank of &England Stock, 4 per
Cent., —.
India Stock, 101 per Cent., April, 1874, shut ;
ditto 5 per Cent., July, 1880, 2111 # ; ditto 4 per
Cent., Oct., 1888, ; ditto Debentures, 103 ;
ditto Bonds under £l,OOO, 2 prem.
In the Foreign Market Stocks are firm, at a rise
of 1 in New Spanish Three per Cents., and 1 in
Italian and Turki,h Five per Cent. Bonds. The
quotations are :—ltalian, 561 561 ; Mexican, 121
124 ; Turkish, 441 441 ; Spanish New 'Three per
Ccnts , 29f to 291 ; and Greek Bonds, 10f 11.
The Honduras Loan opened at 85 87.

In railway stocks Great Westerns, Great Easterns,
Metropolitans, Midlands, Brightons, North West-
erns, and South Easterns have risen and
Great Northern Oi iginal 4 ; the A stock,
however, has declined a similar amount.
The following are the quotations :—Caledo-
nian, 77 ; Great Western, 50 ; Great
Eastern, 37i ; Great Northern, 107} 1081
ditto A, 108 j ; Lancashire, 1241 1251;
Metropolitan, 981 ; Midland, 1161 117 ; Shef-
field, 541 55 ; Brighton, 441 ; North British
34 341 ; London and North-Western, 118 k to 119 ;
North Eastern, 1051 to 106 ; South Eastern, 751
to 754; and London, Chatham, and Dover, 161
to 17.

American Bonds are firm, at a rise of i
in the Five-Twenties, and 1 in the Ten-Forty
Bonds, at 80 801 and 711 711 respectively. The
Bonds of 1885 remained unchanged, at 77i 771.
Illinois Central Railway shares have receded 1, to
93-i 94 ; and Eries are unaltered, at 191 191.
Atlantic Telegraph Original Stock is 201 211 ;
the Eight per Cent. Preference Shares are Si 3 ;
and a nglo-American Telegraph Shares are 211214
There were no gold operations at the Bank on
Saturday.
The India and China Alail steamer Tanjore has
taken out £36,124 in specie.
A letter has been published in defence of the
good faith of the Roumanian Government. In Eng-
land, which is so largely interested in the honour of
foreign countries, there must always be a dispo-
sition to receive statements showing the absence of
any ground of complaint, and it would therefore
be satisfactory to accept as conclusive iu the pre-
sent case the representations offered. But it is be-
lieved the individuals interested will be able to show
that their claims are not so baseless as is alleged,
and even if this were not the case the justifica-
tion of Roumania in altogether repudiating them,
so far as it is based on the respective grounds that
the city of Bucharest and not Roumania itself is
liable, and that a State has a legal right to forfeit
caution money, would appear to most persons con-
versant with questions of international finance to
be rather specially than absolutely satisfactory.
At the same time, it is to be admitted that a sys-
tout on the part of speculators of obtaining conces-
sions which they have no certainty of being able to
Carry out, in the trust that in the event of failure
they will be able to escape the stipulated penalty
by frightening the contracting Government with
threats of damaging their public credit, has in many
cases been pursued, and is one that requires con-
demnation.

Telegrams from Cork announce the failuze of
Mr. Michael Ryan, the proprietor of large flour
mills in that city. The liabilities are estimated at
from £50,000 to £BO,OOO. The assets have yet to
be ascertained. The principal creditors are in Cork
and in London.

It is reported that the price at which the Electric
and International Telegraph Company will be taken
by the Government is £2,938,000. It is asserted
that the ccmpany claimed £3,340,000.
The directors of the British and Foreign Marine
Insurance Company (Limited) have decided to pay
on the Ist of July 2s. per share or at the rate of
10 per cent. per annum, Leing au interim dividend
from interest for the half-year.

The report of the Colonial Company (Limited),
to be presented on the 17th i..btant, recommends
a dkidend of 12s. per share, making with previous
diltributious 8 per cent. per annum A sun of
£25,000 pus be.:n carried to reserve, thus raised to
£75,000, and a balance of £12,749 retnaius to be
carried forward.

Ac the meeting of the Northern Assurance Com-
pany at Aberdeen the revenue was stated at
£182,552, while tM losses were £89,402, and the
expenses £56,768. In the life department the
new policies for the year were 919, for an aggregate
of £460,915, yielling in annual premiums £13,859.
A prospectus has been issaJd of the Battle Moun-
tain Mining Company of Nevada, United States
(Limited), with a capital of £50,000, in shares of
£5, to work a mining property in Nevada, within
ten miles of the Central Pacific railway.

Telegrams from St. Petersburg state that the
Emperor of Ruisia has signed the concession fur
the new International Bank of Commerce of St.
Petersburg. Among the concessionaires are Messrs.
Scara►uanga, Rodocaoachi, Rosenthal, May rogor-
dato, Brandt, Fraenkel, of Warsaw; and Messrs.
Behrenberg Goss!er, in Hamburg ; B. H. Schi
der and Co., in Amsterdam ; Bethurann Brothers
and von Erlanger and Sons, in Frankfort ; E►nile
Erlanger and Co., in Paris; Fesser Uhthoff and
Co. and Beer and Co., in London. The capital of
5,000,000 roubles is all subscribed, and the bank is
to begin business next month.

BRITISH FUNDS-TWO O'CLOCK.

GOVERNMENT I UND F.
3 pe,x. Cent. Consols ..
Ditto for Account, July 7
3 per Cent. Reduced 921 1
New 3 per Cent
New 2} per Cent. Jan. 1894
Do. i per Con 1 an. 1873
Annuities, SO yrs, expire sth Jan., 1880.
Do. for 30 yrs, expire sth April 1885 --
Do (lied Sea Teleh,raph), Aug., 1908 —
Exchoquzr Bills, £l,oou, 22 & 3 per Ct
Do £lOO, £2ou & £5OO
Balk of England Stock, 92 per Cent

Do. opening
Canada 4 por Cont. toads —
Inter-Colonial Uranium

INDIAN GOVERNMENT SECURITIES.
Lalia, Mock= 10} per Cent., April 1874 Shut
Do. Opening, for Account —
Do. 5 per Cent. July, 1880
Do. 4 por Cont., Oct. 1888 -
Do. Certificates —

Do. Enlaced Pape, 4 per Cent...... —
Do. 5 per Cent., Jan. 1872 ~....... —
D 9. 51 per Cent. May 1879 —
D.) 5 per Cont., Rup. Deb. 1872 —
Do do 1877 —
Do. do. 1882 lO3
iL. 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 ....
tuitrian Bonds 6 per cent ..- .........
Do. 1859 —
Brazilian 5 per Cent —
Do. ii per Cent. 1852
Do. do. 1858 —
Do. do. 1861 —
Do. do., 1863 6Bl
Do. 5 per Cent., 1865
00 Account —
B ,enos Ayres 6 per Cent.
Da 2 por Cent. (Deferred 3 per Cent '
Cu ~, 6 pois Cent.
C .ilmn 6 per Cent
~,. 41 per Cent...
Do. 3 per Ceutv
1 o. 6 per co*.t. 1867
PO. 7 per Cent., 1860
C lo nbkm, 6 per Cent.
Dansn, 3 per Gent., 1825
Dan.,Lian Principalities, 7 per Cent
Do 8 per Cent., 1867
yquad9r New (Consolidated, 1 per Crnt
E2jritiau, 7 per Cent...
''c •:Pcood 'skate ............. ......
On. 1.501 Bonds —
Do. £lOO Bonds ••••• --
I);,. 1_464
Do. Account .. —
Do. t. 509 'loud,
Do. 1.1(1r, Bends Bll i
Do. 7 per Cent., 1868
Government Railway Del onture, . lO
Greetr 5 per Ccnt.,1824 b, ea Coups

Dc. Account
Do. Coupons
Do. Account
Guatemala 5 per Cent ..
Honduras Gov Rail. Loa n.,10 p. Ct., all pd $5
Italian 5 per Cent., 1865
ZO. A.ocount tntittultet ttttttt me