The Sun.
London, England, 1853-04-26 00:00:00

" Excellent Sir,—Your Excellency's entrance in the Fi-
nance Ministry procures me another opportunity of express-
ing to her Majesty's Government the satisfaction of the
English Committee of Spanish Bondholders for the mea-
sures which your Excellency's predecessor recognised as just
and urgent to adopt, thereby attending to the reclamations
of certificates for the confiscated 50 per cent. of the coupons.
"Now that the Spanish Government, actuated by prin-
ciples of equity and good faith, has acknowledged the vali-
dity of these said reclamations, that the project of a law
to ratify this deed of reparation has been presented to the
Legislative Chambers, and in consequence of the confi-
dence which the claimants have in the loyal intentions
and promises of the Government, the above-mentioned
certificates have attained in the foreign market a price
nearly equal to the limit fixed at ten and a half per cent.
for transaction; it is, therefore, no longer the validity of
these credits which requires further insistance on my part ;
but it is my duty to call your Excellency's attention to the
urgent necessity of bringing this question to a solution,
more especially in its present state, so that your Excellency
may be pleased to take the measures most opportune for
determining with the shortest possible delay, the definitive
liquidation of this claim, which, not only from its charac-
ter, but also from the fficial measures proposed by her
Majesty's Government, is now no longer a mere question
of reparation due to legitimate interests, but a question
of honour for the Spanish Government, a question which,
in Spain, needs not to be advocated to be attended to.
" The English committee reckons now with so much
more confidence in the execution of the settlement pro-
posed by her Majesty's Government, as your Excellency's
name, your well-known opinions in England respecting
the public credit, and the just reputation which preceded
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your Excellency's entrance in the Ministry, would be alone
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the Spanish Government.
"In this firm belief, and convinced as I am that your
Excellency recognises how entirely the question which oc-
cupies me is allied to the future prosperity of the national
credit, I hope from your Excellency, and the illustrious
personages composing her Majesty's Council, the speedy
fulfilment of the measures proposed by the late Minister
of Finance.
"Flattering myself that your Excellency will speedily
honour me with a satisfactory reply, I take benefit of this
occasion to express to your Excellency the assurance of my
most distinguished consideration, with which
" I have the honour to be your Excellency's
Most obedient and humble servant,
"The Delegate of the English Committee of
"Spanish Bondholders.
(Signed) "DANIEL WEISWEILLER.
"Madrid, April 16, 1853.
"To his Excellency Senor Don Manuel Bermudez de
Castro, Minister of Finance."
The market for English Stocks is particularly
firm this morning, and there is a good business do-
ing for money, though scarcely any transactions
have been entered into for account. Consols have
been quoted 1001 to 101 for Transfer, and 1001 to
101 for Account. The New Three-and-a-Quarter
per Cents. have been 103 k to 103±, and the Three
per Cents. at 100 to 103 k. Bank Stock has been
firm at 227, and India Stock at 260,. South Sea
New Annuities were at par. A special meeting of the
South Sea Company takes place next Thursday, to
consider the question of the conversion. Exchequer
Bills have not been dealt in this morning, with the
exception of the Small, which are at 4s. premium.
East India Bonds have been at 355. premium.
In the Foreign Market, business has been
much duller. Peruvian Deferred Bonds have ad-
vanced, however, to 68k to and Buenos Ayres
to 66 to 67. Brazilian Stock is worth 1001.
Equador Bonds have been 6i, Grenada 11k for the
Deferred, and Mexican still rather heavy at 27k ft.
Spanish New Deferred Stock has been quoted
23± to 24. Dutch Four per Cents. were at 96i,
and French Four-and-a-Half per Cents. Rentes
have been done at 102 50, with the Exchange at
2510.
The arrangements for settling the Share Account
have been already commenced, and this causes
greater variation in prices. Generally, Railway
Shares continue heavy, but we notice, as excep-
ceptions, the Great Northern, which have improved
to 87, the Chester and Holyhead to 22/, and the
South Wales to 371. Oxford and Wolver-
hampton are also rather better. York and
Berwick, North-Western, and Great Western are
lower. French Shares have been inactive. The
Great Central of France allotment has taken place,
and the high premium which the scrip bears, with-
out the public being in the least informed what are
the difficulties of the undertaking, should render
them cautious in buying. It is well known that
about 12 months since several influential parties
expended a considerable sum in surveying the line,
and found the difficulties so great that they wisely
decided not to undertake it. The present favour
shown to Foreign Securities has, however, insured

a better reception.
Gold Mine Shares have been steady, but without
much doing in them. Nova Scotia are at a dis-
count, after being once as high as 3 premium—a
salutary lesson for share applicants. This was a
scheme which we denounced from the very com-
mencement, and, like our anticipations of some of
the Australian concerns, every word written has
proved correct.
The Land Companies' Shares continue heavy,
and Peel River ate lower.
There is nothing doing in Banks.

BRITISH FUNDS AT ONE O'CLOCK THIS DAY,
( From the Official List.)
Business done.
Bank Stock
:3 per Cent. Reduced Annuities ICOA 100
:3 per Cent. Consols Annuities
New 34 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
India Kock 26o}
India Bonds, £E3O
Ditto, under £1633 35
South Sea New Annuities
Corsols for Account
Exchequer Bills 10.. June.
Small 4
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
Brazilian Bonds, 5 per Cent.
Buenos Ayres Bonds, 6 per Cent 66 7
Equador Bonds
6i
Grenada Bonds, Deferred
Greek ex over-due Coupons
Mexican 3 per Cent.
Peruvian Deferred 3 per Cent.
Spanish Bonds 3 per Cent
Ditto New Deferred, 3 per Cent 24 31
Dividends on the above payable in London.
French Relates, 4A per Cent.
Dutch Exchange, 2i per Cent. 12 Guil
Ditto 4 per Cent. Certificates

March,

Consols
Ditto May Account