The Sun.
London, England, 1854-06-22 00:00:00

(Reply.)

" 30th May, 1854.
" Sir,—Before answering the enquiry made in your
favour dated yesterday, I must know for what purpose it
is made, and also why the Committee -of Anglo-Peruvian
Bondholders have applied to me for this information.-
1 am, Sir, your's obediently,
" (Signed) LEWIS H. HASLEWOOD.
"George Dismore, Esq., secretary, 33, Nicholas-lane,
Lombard-street."

The committee speedily gave the required ex-
planation in the following communication, which,
however, elicited a reply precisely similar'to the
foregoing, showing, in fact, that the question went
" home," and was too inconvenient to be met.
" Committee of Anglo-Peruvian Bondholders,
33, Nicholas-lane, Lombard-street, June 2, 1854.
" Sir,—l am directed by this committee to state, in reply
to your favour of the 30th ult., that their object in mak-
ing the inquiry contained in their letter of the 29th ult., is
to ascertain the precise time when you, in the capacity of
broker for the Peruvian agency, was made acquainted
with the fact, that the Pervian Government, or their re-
presentatives, had converted a portion of the domestic
debt of the republic into sterling bonds, with the view of
disposing of them in the London markets, or elsewhere in
Europe.—l am, sir, your most obedient servant,
(Signed) " GEO. DISMORE, Secy.
"Lewis IL Haslewood, Esq.,
15, Angel-court, Throgmorton-street."

With Lord Clarendon, the correspondence was
most satisfactory. Tho following extract from a
letter signed by the chairman, Mr. Richard Thorn-
ton, will give a fair idea of what has been done,
and of the present position of affairs :
" Patin., aside some minor matters, the main griev-
ances of the bondholders rest upon two points, viz.:—the
reserve made in the present bonds, of placing at the dis-
posal of the Peruvian Go rernment, the surplus produce of
the guano, over and above paying the dividends, and a 2
per cent. sinring fund, contrary to the intent and mean-
ing of the bondholders, in agreeing to the conversion in
1853. And the issuing immediately afterwards a large
amount of bonds representing the domestic debt of Peru,
in British currency, to be disposed of in London."
"The remedy that the bondholders require, therefore, is
that the bonds representing the domestic debt of Peru in
sterling money be withdrawn ; and, as Peru is bound to
give precedence to the foreign over the domestic creditors,
that the whole proceeds of the guano imported into the
United Kingdom be appropriated for the payment of the
dividends and the redemption of the capital of the debt,
and at all events such proportion of the money as win re-
move all doubt of its being extinguished before the guiano
is exhausted.

" Now, your lordship will be good enough to bear in
mind, that the bondholders exclusively rely on the prom )eds
of the guano, as their security, and it follows as a neces nary
sequence, that unless the quantity is unlimited (whic;tt it
is now known not to be) in proportion as it is exhausted,
that security is diminished, unless they secure a col 'res-
ponding share of the proceeds.
"As the proceedings of the Peruvian Governn lent
towards the English creditors has no parallel in the his tory
of foreign loans, the case is also in that respect anomalous,
inasmuch as Peru has abundant resources in the guano to
liquidate the debt without infringing on her ordinary re-
venue, and has, therefore, no plea of inability to clinch arge
the obligation."

The funds are still mounting up rapidly, and
buyers come in upon the belief that the power • of
Russia is sensibly curbed, and that by vigorous
efforts she must speedily be brought to sue for
peace. This position of the market is the more
worthy of attention, inasmuch as there is a good
demand for money in the Stock Exchange, and
Exchequer Bills are not higher than 2s. discount
to 2s. premium. The bonds are to g. premium.
Consols were 94. when the market opened,
rose immediately to 94k, and have declined subse-
quently to 944 f. The New 31. per Cents. are 94
to 94i, and the 3 per Cents. 931_ to 94g.
Foreign Securities have in some measure parti-
cipated in the buoyancy of the English securities.
The Spanish Threes have been marked 401, and
the New Deferred 20 to 4, Peruvian stock has been
at 671 to 68 for the 41 per Cents. and at 52 for. the
Deferred, Buenos Ayres Bonds have been at 541,
and Brazilian at 99,1 to 101, Russian Fives b ring
971, and the 4i per Cents. 85i to 47 French 4 per
Cents. have been 98 with the exchange at 25 10.
The last week's railway receipts ascertained up
to this day are in round figures as under : _

_
1854. 1E;53.
Great Western
North-Western
South-Western
Brighton
Midland
South-Eastern 17,103 17,459
Caledonian, and Edin. and Glasgow 16,275 14,582
Great Northern 17,487 15,825
Lancashire and Yorkshire 19,874 19,425
York and North Midland
Newcastle and Berwick 29,185 27,181

These returns do not, in all respects, contrast
very favourably with those of the corresponding
date of last year.
Railway Shares are all rather higher this
morning, and there has been a good business done
in Midland, Lancashire and Yorkshire, Caledo:nian,
and North-Western. The French improvement in
some instances is 1 per cent. French Share s are
higher, but not very brisk. The Belgian lines are
in some request.

The Mining Share Market is brisker, and the
Colonial undertakings generally realise higher
prices. The Joint Stock Banks are scarcely so
high, except Union of Australia. Crystal Palace
are better.

BRITISH FUNDS THIS DAY AT ONE O'CLOICK.
( Front the Oticial List.)

Busines.,trnn,
3 per Cent. Reduced Annuities 94 3i 4a 31
3 per Cent. Consols Annuities shut
tiew 3A, per Cont. Annuities 94 4 a i
Long Annuities, Expire sth Jan., 1860
Indiaßonds, £lOOO ...,, . .„„
Ditto, under £lOOO 1 p 3 d
3
Consols for Opening 10th July
Exchequer Bills, 24d.
£lOOO
£5OO 2 d 3 p
Small 1 d 4 p
Exchequer Bonds Scrip
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
?•razillan Bonds, 5 pgr Cent.
Buenos Ayres onds, 6,per Ceut S4A
Peruvian Bonds, 4A per Cent.
Peruvian 3 per Cent.
Russian Bonds, 1822, 5 por Cent. £ St 97A
Ditto 4A per Cent Bsi i
Sardinian Bonds, 5 per Cent. ... .
Spanish Bonds, 3 per Cent 4OA
Spanish New Deferred, 3 per Cent 2ok
Dividends on the 'dove payable in London.
French Routes, 4} per Cent. 93f Ex, 25f10c
HALF-PAST TWO.

Consols for Opening 19th July 948 x d

PRISONERS OF WAR.—A supplementary estimate has
been presented to Parliament of the sum required to
provide for expenses on account of prisoners of war for
the year ending next March. It is proposed to -take a
vote of 20,000/.--5,000/. for the purchase of the House
of Correction at Lewes as a place of confinement for
them, and 15,0001. for their maintenance, clothing, &c.,
and the pay of officers in charge, and incidental ex-
penses.
GOLD DUST ROBBERY.—lnformation has been received
at the Chief Police-office, Scotland-yard, that a gentle-
man was robbed in Rose-court, Upper East Smithfield,
of gold dust, amounting to 113 ounces, valued at 4521.
It is supposed that the robbery was committed by the
members of a gang who are constantly prowling in the
vicinity of the docks for victims. The loser had taken
the precaution to stow away th© gold in a leather belt,
which he wore round his body, but the thieves divested
him of it, as well as the produce of his labour at the
diggings. The police off the H dvision have obtained a
clue through which, in all probability, the offenders will
soon he in custody.
EXTENSIVE FORGERY.—Yesterday morning informa-
tion was forwarded to the city and metropolitan autho-
rities that an extensive forgery for the delivery of paper
had been committed on Mr. Trounce, a respectable
master printer, of Cursitor-street, Chancery-lane. The
police were actively engaged after the suspected party.
ANOTHER POSTPONEMENT.—PeopIe are wondering at
the absence of the summer ; but the fact is, it has been
postponed in consequence of the war.—Punch.

LATEST FOREIGN NEWS.

--a)

THE WAR.

SIEGE OF SILISTRIA.

It is rumoured in Vienna that the Emperor
Nicholas highly disapproves of Prince Paskewitsch's
recent operations before Silistria, but there is no
good reason for believing this. The Autocrat's
orders were to take Silistria at any sacrifice, and
the Marshal only obeyed orders when he sent his
men to the shambles.

The Journal de Constantinople gives the follow-
ing details relative to events which took place at
Silistria up to the 2d inclusively :
" Letters from Schumla, of the 4th, confirm the
details which we have before given of the combats
at Silistria on the 24th and the 29th ult., and announce
fresh attacks directed against that place by the
Russians on the 31st ult. and the 2d instant. and in
which the Ottoman troops obtained the most bril-
liant success. Unfortunately, this success has been
dearly purchased by the death of the heroic com-
mander of that place, one of the most distinguished
officers in the Ottoman army, Mussa Pacha, who was
killed on the 2d. Mussa Pacha died nobly as be had
always lived, for his country and for his Sovereign ; and
Turkey deplores in him the loss of one of her most de-
voted sons and most ardent defenders. He died in-
trepid and calm in the midst of his triumph after having
repulsed an enemy so superior in number. He was a
noble heart who in the different posts which Imperial
confidence had called on him to fill, had always per-
formed his duty and endeared himself to all who were
placed under his orders ; he was a skilful, bold,
loyal, and pious soldier. He received his death-blow at
the very moment when he was offering up a prayer of
thanksgiving to God for the fresh victory which had
been given to the Ottoman arms. After the attack of
the 29th which cost the Russians so many men, and
when amongst others 150 who had managed to reach
the parapet were killed to the last man, the enemy re-
retired in order to prepare for a fresh assault, and on
the 31st ult. they again advanced with considerable
force to make the assault in the same order as two
days before. The struggle was long and sanguinary,
but being repulsed on all sides they were compelled to
retire. In the evening they sent a flag of truce to demand
permission to collect their dead. This was granted,
and the Imperial troops from their ramparts were able
to count their removing 2,000. On the 2d ult. the Rus-
sians made a general assault, and attacked the forts
whilst their flotilla bombarded the town. This combat
was most sanguinary and unsuccessful fur the Russians,
who were met at every point by the Ottoman troops and
driven back. About the middle of the day, when the
fight was at its height part of a shell struck Mussa
Pacha in the left side ; he only lived a few mi-
nutes after, but, before expiring, was able to con-
vince himself that owing to his excellent arrange-
ments, and the valour of his troops, the attack
would be unsuccessful. In the evening the Rus-
sians bad succeeded in establishing a mine under
the first battery of Arab-Tabia. ; but the Turks, who
defended that fort, were able to discover it in time,
and by forming a countermine, they blew up from 350
to 400 Russians belonging to the column of attack, who
were ready to enter the breach if their own mine had
taken effect. Taking advantage of the disorder caused
by the explosion, the Ottomans made a vigorous sally,
which led to the general rout of the enemy, and the
capture of his entrenchments. In these last affairs the
loss of the Russians in killed is estimated at from 5,000
to 6,000. The loss of the Turks was comparatively
small. After the affair of the 2d, the Russians, in
alarm, remove() the greater part of their heavy baggage
to the left bank of the Danube."

REPLY OF THE CZAR TO TAE SUMMONS
OF AUSTRIA.

VIENNA, June 18.-4-The official reply to the
last Austrian note is still wanting, but it is re-
lated that Count Medem, who arrived a few
days ago, was the bearer of confidential despatches
to the Russian Embassy, to the effect that the
St. Petersburg Cabinet was willing to make peace
if the Western Powers would consent to relinquish
the positions they now occupy. If they refuse to
do this, no change can be made in the disposition
of the Russian forces. The person from whom
the foregoing information was received is well in-
formed of the state of feeling in the high Govern-
mental circles, and he is of opinion that if the
official reply should resemble that above-mentioned
a rupture between the two Governments is almost
inevitable. The Austrian Cabinet even now insists
on the mouths of the Danube being perfectly free
for the future, but if once the sword is drawn,
Austrih, is likely to be quite as exacting as the
Western Powers. From the very first Russia
entertained the idea that financial difficulties
would render Austria completely powerless, but
in a very few days she will see that she was
grievously mistaken. Most energetic measures will
be taken to restore the value of the currency, and
even the rumour that a large forced loan is about
to be raised has sufficed to bring down the premium
on the precious me tals some 6or 7 per cent. The plan
appears to be, that 400,000,000f1. or 500,000,000f1.
in Government stock shall be raised within four
years, and in all likelihood this will be effected
without any great difficulty, it being a notorious
fact, that six months after each of the recent loans
had been made, all the shares were in the hands
of private individuals. The chiefs of the Finance
Department can alone positively know what the
conditions of the loan will be ; but the preva-
lent opinion among our best-informed financiers is,
that the shares will be emitted at par, and the 5
per cent. interest paid in silver. The publication
of the decree concerning this cannot be long de-
layed, as the Government hal hardly the funds
necessary for defraying the current expenses of
the State. It was averred that the whole of the
last silver loan of 30,000,000 of florins had been
taken at Frankfort, but perfectly reliable infor-
mation has been given that such was not the
case. Subscribers were found for some 18,000,000
or 20,000,000 of florins.