The Sun.
London, England, 1870-01-17 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
Tile business to-day, on 'Change, was very dull,
Mid prices for Government Securities have de-
clined. In Foreign Securities the depression is
much greater than in the British Funds, and
Spanish Stock is rapidly falling. Iu Telegraph
Shares the demand is far from active ; for Banking
and Miscellaneous Shares the demand is almost
select.

Consols are now at 92f to 92i for money ;
ditto, for Account, 92f ; Three per Cent. Re-
duced, ; New Three per Cents, 92f fs ;
Exchequer Bills £l,OOO, March, ; June,
"-- prew, ; ditto £lOO, £2OO, and £5OO, March,
June, par ; Bank of England Stock,
41 per Cent., 238.
India Stock, 10} per Cent., April, 1874, —;
ditto 5 per Cent., July, 1880, 112 111 ; ditto 4 per
Cent., Oct., 1888, 1001 ; ditto Enfaced Paper,
4 per Cent., ditto Bonds £l,OOO, 21 prem.
The Foreign Market is dull to-day, and prices
tie generally lower. Turkish Five per Cents. are
431 43k; the Six per Cents., 661 to 66; ; New
Scrip, to a prem ; Italian, 54f to 541 ; Egyptian,
1868 Bonds, 771 to 771; and the 1864 Loan, 91
to 92 ; Orel-Vitebsk Bonds, 83i to 84 ; Russian,
(1866) Loan, 91 to 92 ; and Spanish Bonds, 27
to 271.

In Railway Shares, prices also are lower. Cale-
donian are now, 76f to 761 ; Great Eastern, 371
to 878; Great Northern, 1108 to 1111; ditto (A),
114 to 112 ; Great Western, 601 to 611 ; Brighton,
45 to 451 ; London, Chatham, and Dover, 141 to
151 ; London and North Western, 1241 to 125 ;
London and South Western, 92 to 91 ; Metro-
politan, 781 to 79 ; Midland, 1238 t 01241 ; and
South Eastern, 77/ to 78/.
American Five-Twenty Bonds are lower, at
8G; to 87 ; Ten-Forties, 841 to 85 ; Erie, 17} to
174 ; atd Illinois, 1071 to 1088.
Lombardo-Venetian is quoted at 20/ to 208; and
Great Luxemburg, 131 to 13/.
French Telegragh Cable is quoted 181 to 1811
being a fall of ; British Indian Submarine, and
Falmouth are, the former 141 to to 141, the latter
4 to 4j prem. ; Anglo-American, 191 to 198;
China Submarine, 1 to 1 prem. ; and Construction
and Maintenance, 35/ to 358.
In Bank and Miscellaneous Shares prices are
without change.

No gold operations took place at the Bank on
Saturday.
The arrivals of gold and specie from abroad in-
clude 800 ounces of gold dust,value £3,200, by the
steamer Athenian, from the West Coast of Africa ;
a small parcel of specie, worth £525, by the Ga-
lileo, from Brazil and River Plate, and £9,500 by
the steamer Massilia, from Alexandria, being toge-
ther a sum of £13,225.
The telegrams from St. Petersburgh state that it
is proposed to increase the military expenditure
next year.

The Secretary of State for India in Council has
given notice that the Government of India have
informed him by telegram that it is their intention
to discharge the Five per Cent. Public Works Loau
of 1854-55 on the 31st March next, and that the
proprietors of that loan will be allowed to transfer
their notes to a new loan bearing interest at the
rate of 4i per cent. per annum, which is not to be
paid off for 15 years.
An influential committee of policyholders con-
nected with the Albert Office have for some
time been engaged in maturing a scheme of
reconstruction, which has for its object the pay-
ment in full of all the office's obligations. The
plan is expected to be published in the course of a
few days.
It is announced that the share list of the Anglo-
A.rgerptine Company (Limited) will close on Thurs-
day, the 20th inst.

The directors of the United Land Company
(Limited) declare a dividend at the rate of 5 per
cent. per annam for the five months ending 31st
December.
The directors of the Norwich Union Fire Office
have declared a dividend for the past year of 116
per share.

Messrs. Baring Brothers and Co. have invited
applications for £BOO,OOO Five per Cent. Bonds of
the City of Boston, with interest from the Ist inst.,
at the price of 87, payable in instalments extend-
ing to the 20th of June. A sinking fund of not
less than one per cent. per annum, to be increased
by the interest on the bonds redeemed, will be
iapplied annually to the redemption of this loan
by the purchase of bonds at the current market
rate when the price is below par ; but when the
price is above par, the bonds to be redeemed will be
determined by lot. Any balance which may not
have been thus redeemed will be paid off on the Ist
of July, 1899.
The arrangement for a joint purse between the
4-nOO-American and French Cable Companies,
Which was suggested months ago, and which has
flow been brought about, is regarded with satisfac-
tion as much in the interest of the commercial
Public of Europe and America as those of the share-
holders. In undertakings of such magnitude the
result of hostilities has almost invariably been fatal
to the cause of progress, since, as has been
shown in the instance of railways, the loss of
large masses of capital creates for years a blind
Prejudice against any class of investment upon
Which it
may have fallen. The best thing
for the spread of ocean telegraphy will be that the
early
eurapanies should take a solid position and
enjoy ample returns. The establishment of a
tn°"l3olY is out of the question. Immediately
upon profits becoming unduly large the acuteness
of speculators would devise means of competition
which no combination could thwart. A compara-
tively high dividend is the natural reward of the
risks of these enterprises, but if the directors and
shareholders fail to devote every shilling of fair
surplus to a constant reduction of charges and an
increase of facilities, the value of their investments
will soon be shaken.
The Erie Shareholders' Protection Committee
have summoned a meeting of the shareholders of
the Erie Railway at the Cannon-Street Hotel on
Friday next at 12. They intend to ask the share-
holders either to confirm the present committee or
appoint another in their stead, and they will also
lay before the meeting their views as to the steps
to be taken. In the interests not only of the share-
holders of the Erie line, but of all classes interested
in. American Securities, a large attendance is de-
sirable.

WUND,'•••TWO O'CLOCK.
GOVERNMENT I''UNDB
3 par Cent. Consols ..
DUNfor Account 923
Sper Cent. Reduced ...............................
New 3 per Cent
.
Now 2i per Cent. Jan. 1894 .............. 92%
Do. 5 per Con J an. 1873 —
Annuities, 30 yrs, expire sthJan., °
Do. for 30 yrs, expire sth April 1885
Do (Red Sea Televaph), Aug., 1908 :
Exchoquor Bills, £l,OOO, 2% p. Ct.llarch
3 doDa.. June
Do £lOO, VOOl & .£5OO par Pm
Bank of England Stock, 4% per Cent
Do. opening ...................................
Canada per Cent. Bonds
nter-Colonial Ommum
INDIAN kiIVERNMENT
India stock, 104 per Cent., April 1874...
De. Opening, for Account ............••••'
Do. a per Cent. July, 1880 ............... 112 111
Do 4 per Cent. Oct. 1888 • 1001
Do. Enfaced Pape, 4 per ......
Do. 5 per Cert., Jan. 1872 ,«•••••. --
Do. 5} per Cent. bl—ay 1879

'• I l''
DJ 5 per Cent., Rup.Da:c. 1872., --
Do do 18.-7....., —
Do. do. 1882 —
.th). Deb., 5 per Cent., Aug. 1573
Do Bonde, 4 per Cent., £l,OOO

Do. undor..£l,ooo —

1011119$1 ITINDS—TIfO O'Ol.OOlT.
Irgeutine Republic, 6 per Cent
Au ;man bond:, 5 per cent
Do. 1859 —
Br Azilian 5 per Cent .....
')o. li per Cent. 1852 —
Do. do 1858 —
Do. au 1860
Da. do., 1863 77 8
Do. 5 per Cent., 1865
De. Account ... ... 80/
Buenos Ayres 6 per Cent.
Do 2 per Cent. (Deferred 3 per Cent ) --

Ouba, 6 por Cent.
OnWan 6 per Cent —
')o. 4i per Cent. —
Do. 3 per Cent., —
Do. 7 per Cent., 1866 .. Mt
Do. 6 per cent. 1867 97*
0 lo,nnian, 6 per Cent.
Danish, 3 per Cent., 1825
Danubian Principalities, 7 ler Cent —

D-Account -
Do. Account
Do 8 per Cent., 1867
~cuador New Consolidated, 1 per Cent
E cyrtian, 7 per Cent...).
oo Second Issue ••
00. .€5Ol, Bonds
Do. 1864
Do. Account
D. £5OO Bonds
Do. Al UG Bon 33

Do. 7 per Cent., 1868 ~•..... —
Do. £lOO Bonds

Govenarutni Railway Debentures 971
Greek sper Cett.,1824 5, ex Coups lO

-
_ .
Do. COUrCIIB .
Gamtemala 5 per Cent . —
Honduras Cloy Rail. Loan., 10 p.,Ct., all pd
Do. Account
Italian 5 per Cent., D 565 —
)o. Account
Do Maremmana Railway —
Aexicaz 3 per Cent
Ditto fcr Account
Dn. 18641
Do 6 per Cent. Anglo-French —
A ontevidean 6 per Cent. .. —
liocrish Imperial 5 pax Cent
New Granada l9}
Do 3 per Con —
Do. Deferred

Co Land Warrants (Hectares)
Peruvian 5 per Cent. 1865
Do Account 79i 80

DO 4} per Cent. (111:')arren)
Do 44 per Cent., 1862

Do Account
Do 6 per Cent.,1862 —
Portsguese 3 per Ct.,1853, '6, 7,'9,'60,'2,' '
Do. do. 1867 —
Do. do. Scrip, £2O paid —
Russian 5 ver Cent., 1822, £ St
Do 4i per Cent . 1850
Do 41 per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do do, Scrir --
Do. Anglo-Dutch, 1864, £lOO Bonds, 9ll
Do. do. £B4 158. do.
Do., 1866, £lOO Bonds —
Do. do £B4 15s do —
Do Nicolas Railway —
Sardinian b per Cent —
Spanish 3 per Cen . —
Do. Accf,unt
Do. 1867
Do. Account
Do. New Deferred —
Do. Passive —
Do. Cora. Cert. of Coup. not funded

Do. Account
Swedish Provincial Mortgage Loan
Do Government, 1864
Do do, 1868
Turkish 6 per Cent .
Do Account
Do 6 per Cent. 1858
Do Account

Do £lOO Bonds —
Do 6 per Cent, 1862
Do. Account 661
Do £lOO Bonds —
Do. 5 per cent. 1865 —
Do Account
Do 6 per Cent, 1860 —
Do. Account i 661 I
Do 4 por Cent., Guaranteed —'Venezuela 3 per Cent. —
Do 6 per Cent. 1864 —
Dividends on the above payable in Lou do,
Austrian o per Cent. Ex 10 Florins
Belgian, 41 per cent., Ex. 25f.
Dutch 2i per Cent. Ex. 12 Gui'., —
Do. 4 per Cent. Certificates ..... —
French Rentes, 3 per Cent., Ex. 25f.
Italian 5 per dent. 1831, Ex. 25f —
Do Account 541
TWO O'CLOCK.

Oonsols, Money
Do. Account, Feb. 3

THE STRANGE CONFESSION OF MURDER.

THIS DAY.
To-day George Dyer, who it will be recollected
accused himself of the murder of George Wilson in
Australia many years ago, was placed before Mr.
Vaughan for further examination.
Mr. Inspector Hubbard said he had made in-
quiry, as directed, but he could not ascertain any-
thing additional to what had been stated. He
had, however, telegraphed to Australia to know
whether any intelligence could be obtained, and it
would be a week before an answer could be
received.
Mr. Vaughan said in that case he should direct
that the case be remanded for a week in order to
ascertain whether the statement made by the pri-
soner would afford any clue to the discovery of the
offence of which the prisoner had accused himself.
The statement he had made must be taken in
its totallity, and if it was to be taken
on ona side, it must also be taken on the other,
and according to that the crime would only amount
to manslaughter, for he said he did not do, as
he states to have done before the man
Wilson bad drawn a knife to attack him.
It appeared, therefore, that the manslaughter
would nearly have been justified, because the blow,
if given at all, was given in self-defence. He
should direct that the prisoner should enter into his
own sureties of £2OO and two sureties of £lOO each
to attend at that court on this day week.

POLICE INIELLIGENCE—This Day.

MARLBOROUGH- STREET.
BRUTAL ASSAULT BY A WOMAN. -- Elizabeth
Hayes, the keeper of a baked potato tin at the
corner of St. Martin's-lane, was charged with as-
saulting Emily Herbert, a young woman, living in
Newport-street.
The complainant said that she was having a dis-
pute with the prisoner's husband over a halfpenny
when the prisoner came up and wanted to know
what was the matter, and before she could tell her
she knocked her down, her head being badly hurt
and her clothes covered with blood.
The prisoner said the complainant called her " a
lagging --," because she assisted the police in
putting one of her friends away.
The complainant said she was afterwards taken
to the Bow-street station, where her head was
dressed, and a gentleman signed his name as a
witness on her behalf, but he was not now in at-
tendance. She never made use of the expression
towards the prisoner which she had alleged.
Police-constable 324 E, said that on taking the
prisoner into custody she said that the complainant
hurt her head through falling, but the surgeon said
the injury was done with some blunt instrument.
Mr. Tyrwbitt fined the prisoner 40s. or a
month.