The Sun.
London, England, 1870-06-04 00:00:00

MONETARY REPORTS-FRIDAY.

With the exception of Consols, which have been
flat and * easier, the demand for most clasees
of securities has been healthy to-day. Rail-
ways and foreign bonds have been in request, and
enhanced rates have been paid. Consols are quoted at
92a to 921 ex div. for delivery, and 93 to 93* ex div. for
July. Reduced and New Three per Cents 92k, 92g. Ex-
chequer Bills, par to ss. prem.; Bank Stock, 234, 236;
India Five per Cents, 111*, 111 i; and India Bonds, 20s.
to 255. prem.

English Railway stocks have been purchased to a fair
extent, and have further improved in many instances.
Caledonian has risen 1, Midland Great Northern A
Great Eastern London and North-Western and Great
Western *, but Metropolitan has receded , and Metro-
politan District

Indian railway stocks have been quiet, but at steady
prices. Canadian shares have been without change.
Foreign shares have been quiet.
The market for foreign bonds has been very firm.
Turkish Five per Cents. have been in request,
and have realised an improvement of The
Six per Cents. of 1865 and 1869, chew an enhance-
ment of Egyptian (1868) have risen ; and the Japan
Scrip is a further # better, being quoted at 12 dis. to
prem.

The New Spanish Loan is quoted at 3i, to prem.
American securities have been quiet, and without move-
ment.

Bank shares have been quiet, but firm.
Ottoman are 4 to 5 prem.
Telegraph shares have changed hands quietly, but the
quotations shew no important change. Telegraph Con-
structionn shares, however, are lower, at 32 to 321. In
miscellaneous securities next to nothing has been doing.
No bullion operations have been reported at the Bank
to-day.

Imperial

There has been a fair demand for bills to-day, but the
rates have been without material variation.

The prospectus of the New Peruvian Railway loan has
appeared. It is for a nominal amount of £11,920,000.
in a 6 per cent. stock. The price of issue is 82k, and the
=turn to investors is at the rate of nearly 8 per cent, per
annum.

In reference to the state of the bullion market, Messrs.
Pixley, Abell, Langley, and Blake remark :—Gold--The
arrivals since our circular of the 26th ultimo, have been
rather important : they amount to £257,630. About
£121,000 of the above has been sent into the Bank, and
further amounts will follow, as acme large shipments are
expected from America, and there is but a small demand
for export. Silver—The Seine brings about £73,000
from the West Indies, and the Hansa and
Donan £32,000 from New York. At present prices
there is no demand for India, but the rate has slightly
declined in consequence of the Dutch Exchanges having
fallen, and we quote the price at 60ad. per oz. standard.
The Seine has brought about £213,000 in Mexican dollars
from the West Indies, and a further amount is expected
by the French steamer at St. NazAire. The demand for
China continues good, and the price remains at 591 d.
per oz.

The directors of the Devon and Somerset Railway Com-
pany have invited r übscriptlons for £225,000 first Mort-
gage A Debenture Stock, bearing 6 per cent. interest,
being the balance of the unsecured £270,000. The price
of issue is par, payable by instalments extending to 15th
February, 1871.

Ths railway traffic returns of the past week have been
as folllows :—Great Eastern £37,493, increase on the cor-
responding period of last year £2,221; Great Northern
£38,564, increase £425 ; Lancashire and Yorkshire
£49,134, increase £4,279 ; Great Western £81,038, increase
£2,321; Bristol and Exeter £8,361, increase 2742 ; Cale-
donian £41,138, increase £3,197 ; Manchester, Sheffield,
and Lincolnshire £21,903, decrease £384; Demerara 6,191
dollars, increase 1,902 dollars. North-Eastern £288,878,

'ncrease £14,288 ; Midland £68,677, increase £15,194.

Rather more inquiry has been experienced for money
to-day, and the rate for negotiating three months' paper
has been,firm, at 2i to 8 per cent. Six months' bills are
charged 3, 3 per cent.

The steamers which left New York for Europe yester-
day took out £BO,OOO in specie.
The new Peruvian loan is expected to be introduced
here immediately.
The report of the Malta mad Mediterranean Gas Com-
pany, to be presented on the 7th inst., recommends a
dividend at the rate of 4 per cm* on the ordinary shares ;
that £3OO be added to the Reserve Fund, and that £386
be paid off preliminary and other expenses.

At a meeting of the London Chartered Bank of Aus-
tralia, it was shewn that there was an available balance of
£56,612. Of this sum it was determined to appropriate
£40,000 in payment of a dividend at the rate of 8 per cent
per annum, and £10,0.00 in payment of a bonus of one per
cent., absorbing together £50,000, and to carry forward a
balance of £6,612.
The Falmouth, Gibraltar, and Malta Telegraph Com-
pany have notified that on the opening of their line the
charges for messages to India by the new submarine
route will be reduced. Ten words to Bombay
will then cost £1 175., instead of £2, as
at present. To Calcutta and Madras, and all parts
west of Chittagong, the charge for ten words will be
£1175., the present rate being £2 4s. 6d. To Ceylon and
stations in India east of Chittagong the rate will be
£2ls., instead of £2 Bs. 6d. For a twenty-word message
to Bombay it will be £2 175., instead of £3, and to Cal-
cutta and Madras the same sum, instead of £3 7s. 6d. To
Ceylon it will be 23 Is., instead of £3lls. 6d.

The prospectus has appeared this evening of the New
Loan for the Government of Peru. The amount of
nominal capital is £11,920,000, which it is proposed to
raise in bonds of £l,OOO, £5OO, £2OO, £lOO, and £5O each,
bearing interest at the rate of 6 per cent. per annum
ayable half-yearly by coupons, on January Ist and July
Ist in each year. The a +; "1 " Aby
re....emp_. ATI W... -.a a - an. a..
half-yearly drawinn at par, commencing on April let,
1870, by a sinking fluid of 2 per cent. per annum of the
entire capital, and the whole debt will be redeemed in 25
years. The bonds are exempt from all taxation, and are
issued at 82} per cent. The loan is for a praiseworthy
object, viz., for the construction of railway, which when
more developed will greatly augment the wealth of the
Republic.
The principal holders of "Varna Obligations have ags•ed
to accept two over due coupons in cash, and the remain-
ing given in 6 per cent. stock.

LONDON 6TUUK EXCHANGE-FRIDAY.

LATEST PRICES

--AFT.

'EI OFFICIAL HOURS.

PROSECUTION OF THE REV. W. BENNETT

OF FROME.

Yesterday the case of Mr. Sheppard v. the Rev. W. J.
E. Bennett, came before Sir Robert Phillimore, as Judge of
the Court of Arches. It will be remembered that the
Rev. W. Bennett, vicar of Frome, was charged with
offending against ecclesiastical law by publishing certain
works, containing doctrines repugnant to the articles and
formularies of the Church of England. The Dean of
Arches ordered the articles to be reformed, by omitting
all such parts as charged the respondent with contraven-
the 29th Article of Religion, entitled "Of the
wicked which eat not the body of Christ
in the use of the Lord's Supper." On appeal
to the Privy Council the order of the Dean of Arches was
confirmed, and remitted to this court.—Dr. Tristram, on
mentioning the above facts, was interrupted by the Dean
of Arches, who said : This case was remitted to me on
the Bth of April. We are now in June, and no step
whatever has been taken in this highly criminal case
against Mr. Bennett ; and I am by no means certain that
I should not be acting in accordance with the ancient
practice of the Court by directing the cause to be struck
off the book of the Registrar. However, I am not disposed to
take this course as it is possible there may have been some
misapprehension in the matter, but such an interval must
not occur again before the mentioning of the case. You
(addressing Dr. Tristram) must be aware that this is a
highly improper proceeding. Dr. Tristram apologised by
remarking that some misapprehension had arisen as to
the exact judgment of his lordship, and what had
been confirmed by the Privy Council. The Dean of
Arches then went through the articles, and went
through them with the learned counsel, sewing what
had been struck out of the original articles. The amend-
ment was substantially that given above with reference
to the omission of the part relating to the contravening of
the 29th Article.—The Dean of Arches then appointed
the hearing, with articles as amended, to take place on
Thursday, Friday, and Saturday in the week after next.
Order made accordingly.