The Sun.
London, England, 1855-08-07 00:00:00

state :

While one of these documents assumes credit for
the punctual payment of the interest on the Anglo-
Peruvian Bonds, which is not denied, as well as for the
regular application of the sinking fund, of which we
know but little, it ignores the incontrovertible fact of the
hypothecation of five-eighths of the proceeds of guano
sold in Great Britain, by the contract on the faith of
which the Old Bonds were converted. The committee
have forwarded protests to the Peruvian Government
against the non-fulfilment of this formal pledge, and
have made great exertions to obtain the full execution of
it ; had it been carried out, nearly one million of the
debt would already have been liquidated. To the un-
ceasing, action of the committee in your behalf is solely
due the present increase of the sinking fund to five per
cent. on the 41 per Cent. Bonds, and of three per cent.
on the 3 per Cent. Bonds. But highly creditable as this
increase is to the good intentions and sense of justice of
Gen. Castilla, in which the committee have expressed their
confidence, they cannot but consider it as much below your
just claims, and as inadequate to the object of having
the debt extinguished in a reasonable time ; the deposits
of Guano, which were once said to be inexhaustible, be-
ing now known to be limited, and in course of rapid
diminution. That it was the original intention of the
Peruvian Government to extinguish the debt at an
early period is evident from the clause in the contract
for the 41 per Cents., which reserves the right of paying
off at par so much o the loan as shall not have been re-
duced at the expiration of ten years. Senor Rivero
acknowledges the notorious irregularity which attended
the transactions connected with the arbitrary and un-
paralleled conversion of that portion of the internal
debt into sterling bonds, which were issued to Messrs.
Uribarren, of Paris, and to Mr. Joseph Hegan, and
were attempted to be introduced into this market to
your serious injury. Among the objects of the appoint-
ment of this committee was, that of resisting the quota-
tion of the Sterling Bonds of the Home Debt in the Offi-
cial List of the Stock Exchange, and you are all
aware that, through the efforts of the committee,
this object was attained. It is therefore with no small
concern and regret that the committee now find an
option given to the possessors of these securities of ex-
changing them for 3 per Cent. Bonds, with a sinking
fund of 2? per cent. The acceptance of this option will
make an amount of 1,589,0001., which is nearly equal to
that of the present 3 per Cents. Whether accepted in
whole or in part, the old attempt, although in another
form and for a diminished amount, will probably be re-
vived, of obtaining a quotation in the official list ; and
as this would also be most prejudicial to your interest,
this committee will feel bound to resist it, and have no
doubt the Stock Exchange Committee will adhere to
their former wise and just decision."

The Funds are well supported, but (with very
little doing, and all the arrangements for the set-
tlement of accounts to-morrow appear now to be
completed. Consols for money have been up to
91 and 911, and for Account 904 to 91. Exchequer
Bills at 2d. are 19s. to 225. premium. Bank Stock
is steady at 214, and India Stock at 231.
The Foreign Securities have been steady. Turk-
ish Bonds are quiet at 91. Peruvian Stock is 81
to 82, being firm. Equador is buoyant at 4 to
4Tr. Mexican Bonds have been marked. 214.
Dutch 2i- per Cents. are 641.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 74 to 7,1, ; Mexi-
can, 243. to 21i ' • Peruvian, 811- to 82i ; ditto Three
per Cents., 591 to 60 ; Portuguese Four per Cents.,
43 to 45 ; Russian -Five per Cents., 100 to 102 ;
ditto Four-and-a-Half per Cents., 89 to 91 ;
Spanish New Deferred, 181 to 191 ; ditto 3 per
Cents., 371 to 371. •, ditto Certificates, 4i to 41 ;
ditto Passive, 4 to 41.
Railway Shares are extremely inactive, but
North-Western are at very full rates, and South-
Western are firm. Aberdeen are steady at 24g.
Great Northern A Stock is rather heavy, and also
Great Western. The French lines are buoyant.
Eastern aro up V. East Indian are flat.
Joint-stock Bank Shares are rather firmer.
Australian Agricultural are firmer. General Screw
Steam are scarcely so high. Crystal Palace are
without change.

BRITISH FUNDS THIS DAY AT ONE O'CLOUR.
( Pro,n the OAcial List.)

Rumness dono
B Lnk Stock
3 per Cent. Reduced Annuities 913 i
3 per Cent- Console Annuities 9l 904 1i
qew 3 per Cent. Annuities .„„ 92 iii
Lone Annuities, Expire sth Jan., 1861)
Ditto 30 Years, Expire sth April, 1885 16 15-16
India Stock
Consols or Account, Bth August 9oi 1
Exchequer Bills, ...,-: 24d- I 2(1.
£lOOO ........................211 I 19 22
£5OO — I 19 22
Small . - I 19 22
E &chequer Bonds 1858, 33/4 per Cent look
Ditto 1859,
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Austrian Bonds, 5 per Cont. . .. .
Brazilian Bonds 5 per Cent. ..
Ditto Small
Equador Bonds
71 4i if
Grenada Bonds, Deferred
tlexican 3 per Cent.
Peruvian Bonds, 43/4 per Cent.
Ditto for the Account B2 1i
Ditto 3 per Cent.
Ditto for tho account
Spanish Bonds, 3 per Cent ... .............. 59
Ditto New Deferred, 3 per Cent.
Tarkibh Bonds, 6 per cent
Ditto for the account '
I,,vir:ellos on ton above payable in tononn.
Belgianlt Bondy,t 2! per Cent. ex, 25 fr
L ver C-u±. Ex, 2.lfr NI
Dui,vh .i.xenange, 2 per Cent. 12 iiaii 6ll
LIALF•PAST TYV),
Consols -
Ditto for the Aceetult,,m, ....... H.