The Sun.
London, England, 1834-06-20 00:00:00

TIIE FUNDS.

The general topic of conversation this morning in the
City and on the Royal Exchange entirely relates to the
interview yesterday of the committee of the Spanish Bond-
holders at the Spanish Ambassador's, by which it appears
that the committee of the Spanish Cortes Bondholders
proposed the following terms, and not the Spanish Am-
bassador :

That every 2001. bond at present bearing interest at the
rate of 5 per cent., should be exchanged for a Bond of
1001., and thus converted into a 6 per cent: Stock, the
interest to become payable on the 30th of November next;
and to be guaranteed until the year 1840; that the coupons
of outstanding dividends, now amounting to 52/. 10s.,
should be reduced into a deferred stock worth 26/. ss. ; at
the end of four years from the present time, a dividend of
one per cent. should become payable, to be increased an-
nually.one per cent., until it amount to 5 per cent., when
it will become a 6 per cent. Stock, subject after that pe-
riod to be reduced with the principal stock.
According to this proposition or suggestion on the part
of the Committee of the Cortes Bondholders, it appears
that they would accept of 10 shillings in the pound ; that
is, for every 2001. bonds, they would take a bond of 100/.
At present there is a general outcry in the City against the
Committee for even giving a hint of such propositions to
the Spanish Government ; and they are also blamed for
not calling a general meeting of the Cortes Bondholders,
to know their decision on the above proposals, before they
had an interview with the Spanish Ambassador on the subject.
At all events it has had a considerable effect on the Spanish
Stock this morning. Yesterday, before the interview took
place with the Spanish Ambassador, Spanish Bonds were
51,1- ; after the interview they were done at 50k. This
morning they opened at 51; since have receded to 494 50,
with a very heavy market at present.
Portuguese, 78i.
In Consols there is little or no business doing, as no
speculation is thought of but Spanish and Portuguese
stocks.

Consols, which left off yesterday at 92,R, opened at
9'24 for the Account, at which price they are at present.
HALF-PAST ONE.
Up to the present hour we have no fresh arrivals, or
any political news to communicate.
The public attention and speculators in the Spanish
Funds are still occupied in the supposed compromise which
the Committee have suggested to the Spanish Ambassador
in respect of the Cortes bonds.
Spanish may at present be quoted 491
78i.
Consols, which were, in the early part of the day, at
925 , are at 92%.
Some surprise is felt that we have no arrivals from Por-

Portuguese

to al.
We can scarcely give a correct price of Spanish, as it
is fluctuating continually.

sank
Ct Stock
i',i O.coE:FDDn'.o.silßottttUilool6ißsfo,rslsoo,llLOC. K;:),2piii:mmm...
THREE 0' CL 0 CK.
0001
:India Stock .....
oil Ditto 80nd..., . 0.-
3 peri Cent. for
As Redls
is
let h:et Account,
ett:R.2l6
ni s
. ........... .3 pm.
g t
peret ece,nnt.t.Coils --984 Sirtttoh
coSeida
AStno.cik ..........
84
34 per tent. Red 984 Ditto New Ann.
New 31 per Cent
!-- Dissented-1 770111 w,
.
Loty.; Ann. to expire Bank S. for Acc.
Jan. 1860
Oct. 1859
Jan. 1869
FOREIGI
Austrian, 5 per cent lOl4
B Agian, 5 per cent IN
Br alba') Bonds 761
Buenos Ayres, § per rent 33
chillan, 6 per cent...,, 341
Columbian, 6 per cent 24
Ditto, 1824 3ll
Dan i.,h 75
Greek, 5 per cent......... .
Mexican 5 per Cents, 1825 36
Ditto 6 per Cent., 1825 46
Peruvian 6 pet Cent 274

FUNDS.
Portuguese, 5 per cent 78
Ditto, Reg. Bonds
Prussian, 5 per cent.
Russian Bonds, 5 per cent lO4
Ditto, Metallic lO5l
Spanish, 5 per cent 49„
Ditto, 1323 404
French 5 per Cent.... --I. —c•
Exchange —f. —c.
French :1 per Cent —l. —c.
Dutch, gi per cent s4i
Ditto 5 per cent 97i,