The Sun.
London, England, 1853-01-28 00:00:00

tamed without the sanction or intervention of ma-
gistrates for the sale of beer by retail, either for
consumption on or off the premises. Such is
unquestionably the case ; but, although the pri-
vileges originally conceded by Ist WILL. IV. c. 64,
and subsequently regulated by 4 and 5 WILL. IV. c.
85, and 3 and 4 VICT. c. 61, have in some degree
mitigated the evil, they have not by any means
supplied an adequate remedy. There are many
stringent regulations with which the applicant for
a beer licence must comply ; many certificates to
be obtained before his request can be granted.
When these difficulties have been successfully en-
countered, when his object has been achieved, he
finds himself restricted to a single source of profit.
His opponent, who is living in a house of no
greater value, and who is not obliged to maintain
a larger or more expensive establishment, can sell
wine or spirits. One of a party may prefer the
more exciting stimulant, and carry with him some
half dozen companions to the place where any
demand can be at once responded to ; so that
although the beershop keeper may have his
beverages " drunk on the premises," he
frequently sees his best customers adjourn-
ing to the tap of his rival. Besides, it may
be well worth the while of the latter to
get rid of the opposition, by selling, for a time,
his malt liquors without profit ; and it is noto-
rious that, in the case of proprietary public-
houses, the owner will bear a considerable por-
tion of the sacrifice necessary to " put down the
opposition," and restore the previous monopoly.
We do not offer these observations in any hos-
tility to the great body of Licensed Victuallers.
We believe, as " a class," they are as respect-
able as any other that could be named. They
have many serious vexations to contend with,
and many temptations to resist. There are, of
course, many exceptions to the general rule.
Black sheep will be found in every flock. But,
under all the circumstances of the case, it is very
surprising, and, at the same time, exceedingly cre-
ditable to the body that the great majority of esta-
blishments should be as well conducted as they are.
But it is for their interest, as well as for that of
the community, that the licensing system should
be abolished, and that they should not hold their
property on a tenure so precarious as the caprice
of any persons wtatsoever, Magistrates or other-
wise. We believe that there are many persons of
capital and respectability in the trade who would
willingly free themselves from the thraldom in
which they are placed, and that many more per-
sons would enter into it relying solely on the
goodness and cheapness of their beverages, if
theycould do without the influence of the " Brewo-
cracy" and the Licensing Magistrates. Men will
not embark thousands of pounds sterling in a
concern when subjected to the loss of their entire
property whenever some extraordinary fancy
may enter into the minds of the Justices. Every
risk attending capital, must of course be coun-
terbalanced by extra profits, which can only
be regarded as an insurance fund levied
on consumers to guard against contingen-
cies. The throwing open of the trade would
then be as beneficial to the retailers as to
the public. The only class interested in
maintaining the present system are the monopo-
lists,—those who are now levying a species of
black mail on the people ; and who, if they
thought proper to combine for the purpose, and
they could easily do so, might materially enhance
the prices of all beer, &c., although there had
been no adequate reason for such a rise.

there would now have been nothing, so far as
wills are concerned, for Mr. BErHELL to attack,
or for the lovers of Anglican Popery to wish to
retain. All this, however—this Popish origin,
Popish recovery from Protestantism, and the over-
sight by which the Popish enactment was left un-
repealed, can but endear these precious Legisla-
tive relics of Popery to all those in the
Ministry infested with the Anglo-mania ; they
will neither like to give up these out-of-place
semi-religious Courts, nor to subtract aught from
the powers enjoyed by their specially beloved
Hierarchical Dignitaries. It all goes, they will
argue (falsely, we think, in a religious point of
view), to make the Church of consequence ; there-
fore, we will stickle for every antique ecclesias-
tical abuse. We will abolish Corn Laws—but
catch us, if we can help it, abolishing a tittle of
the secular jurisdiction of Bishops and Arch-
bishops. We hope Mr. BETHELL, the Law Amend-
ment Secretary, and the public will not let them
" help it."

MONEY AND COMMERCIAL NEWS

CITY, Two o'CLocx

We see with pleasure also that Lord BROUGHAM
intends to relieve them of another labour, the
business of divorce. At present, to accomplish
this, in many cases, necessary act, no less than
three costly steps are necessary; an action must
be brought in a Common Law Court, another in
an Ecclesiastical Court : and, finally, the Act of
Parliament must seal the divorce. Hence, it is
never thought of but amongst the rich. Some
imagine, indeed, that if the legal process were not
costly, there would be divorces for trivial causes.
It might just as well be argued that,
because the process at law is cheap in
the County Courts, therefore people would be
made to pay their debts when they could not be
satisfactorily proved. Justice, which costs no-
thing to the parties, may be as rigidly administered
as what costs thousands, and no English Judge or
Jury would ever grant a divorce but on the
clearest grounds.

We have often wondered that the Dissenters,
the Society of Friends especially, have not been
more forward in the warfare against these courts.
They share with the rest of her MAYEsry's sub-
jects the annoyance of their costliness and com-
plexiq—they like all others, bequeath their real
property under the jurisdiction of one set of
Courts, their personal property under that of
another. But the Quakers, as they profess to
ignore all ecclesiastics and ecclesiastical authority
whatever, must feel peculiar repugnance to
Church Courts. Dissenters, too, of every
sect, its they quit the Church and reaounce
her authority, must as naturally prefer the secular
law courts, as they preferred liberty to celebrate a
legal marriage without resorting to the parish
church. So far as they are concerned, to relieve
them from responsibility to Church Courts would
be only carrying out the policy of the Test and
Corporation and the Marriage Acts.*

* We may refer all our non-professional readers to
"The History of Church Laws in England," by Edward
Muscutt, on the general subject ; and to his "History
and Power of Ecclesiastical Courts"—for fuller informa-
tion on that branch.

RAILWAY DEPUTATION.—A deputation from the com-
mittee of negotiation between the London and North-
Western and Great Western Companies, appointed at
an influential meeting held in Liverpool, had the honour
of an interview with the Board of Trade on Wednesday
last. The deputation (says a correspondent) were
assured that the Government considered the subject of
railway legislation as of imperial magnitude, the im-
portance of which could not be overstated. They were
further given to understand that the labours of the com-
mittee of the House of Commons, appointed by the late
and strengthened by the present Government, would be
devoted to an earnest consideration of this momentous
question, a satisfactory solution of which would be most
gratifying to the Goverment, and that profiting by the
experience of the past, it was thought a course might
be devised which would, for the future, put at end to
ruinous contests between rival companies, haVing regard
to the interest of the shareholders and the public, which
were in fact identical.
FATAL DRINKING IN THE LONDON DOCKS. —Last
evening, Mr. W. Baker held an inquest at the Barley
Mow Tavern, Cannon-street, St. George's-in-the-East,
respecting the death of Robert Richard Vaughan, aged
45 years. The deceased was a labourer in the London
Docks, and on Monday afternoon last was engaged with
other men at the eastern quay. A large quantity of
white brandy was on the wharf in casks, and the bungs
were out to allow the gaugers to examine the extent and
quality of the contents, when one of the dock officers
saw the deceased in a stooping position drinking brandy
through a hollow piece of cane, which is commonly
called " Sucking the monkey." The officer ordered the
deceased away from the warehouse, and told him to
leave the docks, which he did. About half-past three
o'clock the deceased was discovered lying upon the pave-
ment in Chigwell-hill, Ratcliff-highway, quite insensible,
in which condition he was taken home by four men to
his lodgings; at No. 2, Russell-court, St. George's-
street, where he expired at an early hour on the follow-
ing morning. Mr. Richard Sharp, surgeon, of the New-
road, Cannon-street, said that he was called to the de-
ceased after death, and had made a post mortem exami-
nation of the body. On opening the stomach he found
• about five ounces of strong spirit, which seemed to be
brandy. Witness had no doubt that the deceased had
died from congestion of the brain produced by what he
had drank. The Coroner having remarked on the case,
the jury returned a verdict of " Died from drinking a
quantity of over-proof brandy."
BANKRUPTCY OF AN M.P.—A curious case in bank-
ruptcy has arisen in the Courts at Liverpool, and is now
undergoing investigation. A fiat it appears, has been
issued against the Hon. Edward Lloyd Mostyn, the
member for the county of Flint, having, we presume,
been applied for and obtained during the parliamentary
interregnum, and it is sought to supersede it on
grounds which have not yet been made public. The
case was argued by barristers especially brought down
from London, on Tuesday and Wednesday, but reporters
were not admitted.
HANGING AT PESTPL—On the last day of the old year
an outlawed Hungarian was hanged at Pesth. Previous
to the execution, he was taken about in a procession for
two hours, during which he sang patriotic songs, and
displayed a supreme contempt for death. At the foot of
the gallows an officer read a prolix statement of his crime
and sentence. The name of Kossuth occurred in this
document, and had no sooner escaped the lips of the offi-
cer than the prisoner took off his hat and reverently in-
clined his head. As the fatal rope was slipped over his
head, he gathered up his strength and cried—" Magyars,
keep up your pluck; we'll give it them yet ! "and died.
A POISONING WIFE.—A. letter from Tain, in a Paris
journal, says, an attempt at poisoning has lately taken
place at Marges, a small village in the Drome, under
rather singular circumstances. The wife of a carpenter,
whose moral habits were not of the strictest kind, con-
ceived the idea of getting rid of her husband, in order
that she might with less restraint carry on an illicit
connection with another man, with whom she was
known to be connected. For this purpose she went to
an apothecary at Romans, and asked for some arsenic
to kill the rats with which her house, she said, was
swarming. The apothecary refused, saying that he
could only deliver arsenic to her husband in presence of
witnesses. A few days after the husband happened to
come to the shop for some article, when he was asked
whether the rats still disturbed him. "I have never
heard any," was the reply. He was told what his wife
had done, when he said : "Ah ! the coquine, she wants
to poison me." It was then agreed that if she came
again the apothecary should give her some harmless
substance, and that when the husband had eaten his
dinner he should fall down, and pretend to be dead in
order to give his wife a lesson. Teis farce was carried
on as arranged. Then came the performance of the
wife. In order to make the world believe that he had
committed suicide, she took a rope, and, making a run-
ning knot, passed it round the neck of her husband, and
then went up into an upper room to the beam of which
she had fastened the end of the rope in order to pull him
up. The moment she left, the husband slipped off the
rope from his neck, and tied it to the bench on which
he was sitting. The woman began to pull, but finding
the body heavier than she expected, she again came
down to see what prevented her lifting him, when her
husband gave her two or three hearty blows, and after-
wards had her carried to prison."
LORD BYRON'S FAME.—It is not only because Byron
was grand in his descriptions, sublime in his musings,
and lashing in his satires, that he eclipsed all the poets
of his day. I attribute his world-wide fame to the fact
that he was essentially the man of the age. Purity of
diction is, of necessity, almost lost in translation ; why
was it, then, that, among foreign nations, and especially
in France, whose language least of any admits of a
worthy rendering of Byron's glowing imagery, he occu-
pied attention almost to the exclusion of all his contem-
porai ies ? because he breathed the restless, vacillating,
superstitious, on-ward-tending spirit of the times ; be-
cause, in the midst of wars, and amidst rumours

The Proctors appear to have forgotten Dame
PARTINGTON and the Atlantic ; if report be cor-
rect, they have actually met and combined to mop
away the wave of Law Reform. Chancery could
not stand before it--no matter, they think Doc-
tors' Commons can. The Law Amendment So-
ciety, as we noticed a few days• ago, has taken it
in hand to get the reform of the jurisdiction and
administration of the Ecclesiastical Courts in tes-
tamentary matters, into working form for Parlia-
ment ; and the Proctors, full well knowing that
the Society's unobtrusive proposals have carried
the day hitherto, may well quake for the reign of
routine absurdity and exactions. The Society,
which has done so much to reform Chancery and
Common Law administration, will not, we fancy,
be easily deterred from meddling with Ecclesiaiti-
cal Courts. There is indeed something appalling
and mystic to common ears when they hear of
Archbishops' and Bishops' Courts; we step unhesi-
tatingly into a law court, and feel tolerably at
home, since Lord ST. LEONARDS' time certainly
much more so ; but when we step over the thres-
hold ecclesiastical our steps begin somewhat to fal-
ter. Spiritual powers are a great mystery, what
they cannot do no man knows—what they can do
too many have felt—which side they will lean
to, each unlucky heretic can tell. And then the
Judge of the Court—there he sits judge and
jury all in himself, deciding on the facts as
well as the law of the case, living with his
myrmidons out of the fees, interested very often
indirectly, if not directly, against you. Oh there
is something really awful, except to hardened old
litigants, in the very thought of an Ecclesiastical
Court and Ecclesiastical Judge. The Law
Amendment gentlemen, however, have none of
our laymen's timidity ; they are as cool and col-
lected in the presence of the half-spectral form as
in their own debating-room, and we stand by and
witness their attack with the greatest satisfaction
and delight, confident that they will gain a sub-
stantial victory for us at last.
Mr. BETH= has, in fact, summoned them to

The Gold Mine Shares are generally 11 lower,
including the Californian and Australian. Port
Philip and Colonial, however, have not varied.
United Mexican are better.

The Land Companies are higher. Australian
Agricultural have risen about 51., and Van Die-
men's Land 1/.

The Australian Bank shares are rising. Austra-
lasia have advanced 11., and Union 10s. to 15s.
Chartered are up k to f
Railway shares have been lower to the extent
of to 1 per cent., but they are at present quoted
rather higher. French shares are improving, espe-
cially the Lyons and Northern, and both here and
at Paris they are said to have been " over-sold."
Hence, the anxiety of the speculators to borrow
them.

BRITISH FUNDS AT ONE O'CLOCK THIS DAY.

(From the Official List.)

Business done.
3 per Cent. Reduced Annuities lOOl 3
3 per Cent. Consols Annuities
New 34 per Cent. Annuitie5............ ......
Long Annuities, Expire sth Jan., 1860 6 7-16
India Stock
India Bonds, £lOOO 66 70
Ditto, under £IC3O 7l
Consols for Account 10th February ... ..
Exchequer Bills 13d. March.
£lOOO..
£5OO
Small

s aid. He declared at Aylesbury, in the strong-
est terms, the necessity of reforming these Courts
Christian, denounced the complications and injus-
tice of dragging persons through two or three
courts on one question, avowed himself in favour
of concentrating all under the jurisdiction of the
Westminster Courts, and especially included in
his list, Church-rate eases,—vowing himself
favourable, we are most thankful to see, " to de-
stroying the present levy upon such as do not go
to church, and appropriating funds in the posses-
sion of deans and chapters to the repairs of the
churches." Surely the Ecclesiastical Courts can-
not be in better hands. All who :would reform
them must make hay while the sun shines. They
must furnish an amount of co-operation from
without which will make Mr. BETHELL irresistible,
in council, with his own colleagues. Mr. COLLIER,
we are happy to see, does not merely debate in
the society, but he has also given notice of a mo-
tion on the subject of these Courts. This is good;
ventilate the matter in every form—daylight is
the most sure reformer ultimately of the hidden
and half-unknown evils of Ecclesiastical Courts ;
still we think it should be the object of the public
to put their own men in the Ministry in
power on the people's questions. It is the
perhaps necessary misfortune of the present Minis-
try that almost every kind of reformer in it is
neutralised by some anti-reformer on the same
question. In the present case how will Mr.
GLADSTONE, the Duke of NEWCASTLE, the Right
Hon. SIDNEY HERBERT, and the other Puseyites,
relish defrauding the successors of the Apostles of
their testamentary and Church-rate jurisdiction,
not to mention Admiralty cases and other things
grasped by these courts ? We do not know their
sentiments, but we cannot trust them. The
testamentary jurisdiction of these Courts Christian
grew up entirely out of the ignorance of the dark
ages, out of laymen being unable even to write, and
from priests' eagerness to grasp a very handsome
" church's portion" out of the dying man's pro-
perty, ostensibly to purchase masses for his soul's
salvation. Their testamentary knaveries became so
glaring, that in EDWARD the Third's time an Act was
passed expressly to prevent their taking the admi-
nistration of the property from the kindred of the
deceased in cases of intestacy ; next, CHARLES 11.
and JAMES 11. fixed by statute the distribution of
intestates' estates. The Ist EDWARD VI., cap.
2, put the whole thing into the civil form, and
forbade the use of ecclesiastical names and powers
at all. MARY, of course, repealed this Act, but
JAMES I. repealed again the Act of MARY ; ED-
WARD'S admirable law, however, did not revive,
for accidentally, as it appearS, it was forgotten to
repeal another Act of PHILIP and MARY, which

June.

. ................ 58

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK,
Equador 80nd5........,, 5,1
Grenada Bonds, Defer-red ...........
, .....
... 624 ..........
Peruvian 6 per Cent. ....
........................... 115
102,-; 34
......
Peruvian Deferred 3 per Cent ........
Sardinian Bonds, 5 per Cent. ....... ......
Ditto for the Account. ...
.
i•panish Bonds, 3 per Cent
..................
Ditto New Deferred, 3 per Cent ...... .... 22i
.
Spanish Committee Cert. of Coup. not fun P a
Dutch Exchange 2i per Cent..,.
Ditto 4 per Cent. Certificates............. .... 7a 8
HALF-PAST TWO.
..... 99 fi
99

014 5 4h
......

Consols
Ditto February Account

LONDON AND WESTMINSTER BANK.—The London and
Westminster Bank gave notice yesterday afternoon that
the rate of allowance to their customers on deposit re-
ceipts will be increased from 11 to 2 per cent., and that
the alteration is to date from Tuesday next, the Ist of
February. Out of doors there was a slight increase in
the rates asked for money, but it was still obtained
at 21.

RATE OF DISCOUNT IN GLASGOW.—The Glasgow bank-
ing houses have followed up the measure of the Bank of
England by raising their discounts A per cent. Scotch
bills at four months and under are charged 4 per cent.,
41 per cent. being charged for longer periods. London
paper is discounted at 1 per cent. under these rates, viz.,
31 per cent. up to four months, and 4 per cent, for
longer dates. This increase in the rate of discounts has
not been accompanied by any corresponding increase in
the interest allowed on deposits and current accounts,
which in the meantime remains as before.—Edinburgh,
Witness.

ASTLEY'S AMPHITHEATRE.—AS WO predicted the
juvenile performance of last night was most successful.
The house was crowded in every part, and had there
been half as much space again the sight-seers would
have filled it all. The pantomime and the performances
of the Living Marionettes of the circle found great favour
in the eyes of the younger folks and were rapturously
applauded. In consequence of this great success
another juvenile performance will shortly be given,
which will be the last under the auspices of Mr. Batty,
who is about to retire into private life.
LONDON SACRED HARMONIC SOClETY.—Handel's ora-
torio, Solomon, will be performed at Exeter-hall, under
the direction of Mr. Surman, the founder of the Exeter-
hall Oratorios, by the above society, on Monday even-
ing next. This contains some of Handel's finest
choruses. Principal vocalists, Miss Birch, Mrs. Temple,
Miss C. Felton, Mr. Lockey, Mr. I.4awler.
SURGICAL OPERATIONS.—A singular pamphlet, we
observe, has just been issued from the press in the
form of " A Letter, addressed to James Syme,
Professor of Clinical Surgery in Edinburgh," Bvo.,
pp. 32, in which a refutation is given of certain
statements made . relation to a case of stricture of the urethra, in which the operation of perinea'
section was performed by the author, Francis
Burdett Courtnay, Member of the Royal College of
Surgeons. The letter is altogether very curious
and striking in its character.

of wars. when Europe was convulsed, when no
man could tell what was next to befal, when
nations knew not what they would, nor whither they
were tending, when opinions were shaken, when king-
doms changed hands, and crowns and thrones were tot-

!ring—one man arose whose mind was convulsed as was

the f;.ce of Europe, wiloSewlll;as as poWerful and
ill-
directed as that of the raging nations ; whose opinions
were as shaken, as vacillating, as uncertain as those of
the fallen empires and trembling kings, one who breathed
the pervading spirit of bitterness, f discontent, and
helplessness ; in whom all these feelings, all these emo-
tions found a living voice, and whose magnificent strain
echoed and resounded through all those lands whose in-
terpreter he was ; therefore was be the idol of his own
age, as he will surely be the wonder of future genera-
tions !—The Earl of Belfast on the Po6ts and Poems o"
the Nineteenth Century.
A MERMAID.—An impostor at Barton, the other day,
endeavoured to extract halfpence from the credulous by
the exhibition of a mermaid, which he pretended had
been caught "in the South Sea Islands."

placed the ecclesiastical jurisdiction on the same
footing as that on which it stood in the twentieth
year of HENRY VIII. But for this oversight

HE SUN, LONDON, FRIDAY EVENING, JANUARY 28, 185

The sales of Cotton at Liverpool yesterday were
estimated at from 8,000 to 9,000 bales, of which
1,000 American and 500 Bahia were taken on specu-
lation. The market closed with animation, and
prices of all kinds were 1-16 against the buyer.
The sales comprised 6,000 American, 1,000 Bahia at
6d., 600 Egyptian at 6d. to 9id. 500 Surat at
34-d. to 4id., and 40 Sea Island' at Is. Bd. to
2s. 2d. per lb. Railway Shares were dull.
This week, more has been done in the Colonial
markets, and there is an advance in some few in-
stances. Sugar has sold well, but coffee continues
rather dull. In tea there have been moderate
purchases for consumption. Of tallow the supply
is larger, and this prevents the favourable accounts
from St. Petersburgh having an influence on the
article. Cotton has been in more request. Spices
have had a fair sale. Scotch pig-iron, which had
improved early in the week, has gone back since.
The value of guano as a fertilising compound has
raised its price, in the absence of any extended
means of supply, to a point that renders compe-
tition of great importance to the farmer. It is ascer-
tained that 150,000 tons were used last year, and
probably as much more of adulterated and imita-
tive compounds professing to be guano. If to these
be added the articles sold under their proper de-
signation, as bone or lime manure, ac., we shall
arrive at an estimate of the vast opening for any
new article of proved value. The Chemical Ma-
nure Company has been formed for the purpose of
manufacturing special manures superior, as is
stated, to any previously submitted to the notice
of the farmer, adapted to every soil, and combining
all the elements of fertility contained in farm-yard
manure, the most important being potash, phos-
phoric acid, and compounds containing nitrogen.
These and the other substances necessary for the
growth of plants will be economically concentrated
in the combinations and proportions required by
different crops, and adapted to the variations of
soils and climates. These manures will be ma-
nufactured in peculiar forms for the use of
the sugar planter, combining powerful defacating
and decolourising properties, which after being used
for these purposes in clearing the crude juice of the
cane, will, if applied annually to the cane stocks,
cause them to rattoon each succeeding year with
pristine luxuriance. The saving of labour so occa-
sioned, by preventing the necessity of recurring to
frequent planting, will be well understood by all
connected with the economy of cane plantations.
The Company's special Manures will be sold at 7/.
per ton, deliverable at any railway station or wharf
in London. Three cwts., or 21s. worth, will be
sufficient to fertilise an acre, equal to the applica-
tion of 30s. worth of guano. All artificial Manures
heretofore supplied to the public have been deficient
in salts of potash, which all alkali forms the prin-
cipal mineral constituents of all crops. This defect
will be removed in the Manures manufactured by
this Company. The directors of the undertaking
being mostly gentlemen connected intimately with
agricultural pursuits, must be presumed to have
entire confidence in the ability of their consulting
engineer to perform what is promised, and this
done, a good return upon the capital is assured.
The Hamburgh mail of Tuesday last brings the
rate of exchange on London, 13 12. being steady.
Discounts were 2 to 3 per cent. Money was very
abundant.

We understand that very reluctantly the discount
brokers are now generally allowing 2 per cent. for
money on " call. This is not because of any real
pressure, but simply in consequence of the banks
allowing 28 up to that rate. The opinion with the
brokers still is, that when the numerous vessels on
their way from Australia begin to arrive, cash will
be comporatively abundant.
The very satisfactory report received from the
Paris Bourse has caused a much improved feeling
here, and the increasing popularity of Louis Na-
poleon's marriage is regarded as an encouraging
circumstance. Consols have been 992 for Trans-
fer, and 99g. rather buyers for Account. There is
apparently a scarcity of money stock. The New
3 per Cents have been 10311 to if, and the 3 per
Cents: 100 k to
Bank Stock is nominally at the high rate of 227.
East India Stock has been quoted at 270. On
Exchequer Bills the premium is 58s. to 605., and
on India Bonds 663. to 71s. premium.
Foreign Stocks have been quiet, but rather tend
upwards. The contract of a loan for 69,000,000
reals by the Government of Spain, on the security
of the clergy lands, is not exactly understood
here ; but as the interest on a larger portion
of the debt is gradually coming upon the re-
venue, there may be a difficulty in meeting the
additional burden. At least, the security offered
must be good, Messrs. Baring Brothers in con-
junction with O'Shea, and other bankers at,Madrid,
being the lenders. The stock comes quoted as high
as 22 1-16 from Madrid, and has advanced here to
22i for the Deferred. The certificate is at 51 to 51,
per cent., also an improvement, and it would have
been highly desirable that some recognition of them
should have been obtained ere this new
loan was made. Peruvian Bonds have been
at 102 - to 103 k for the Active, and at
61i to 622 for the Deferred. Grenada Deferred.
Stock has been at 118, and Equador at si. Sar-
dinian Bonds are 941 to 95. Dutch 21 per Cents.
have been 971 to 981.