The Sun.
London, England, 1867-10-21 00:00:00

THE SUN, LONDON, I‘IOiNDAY EVENING, ocroriEß 21, 1867.

......___,...
. ......____
MONEY MARKET 'Consols being 94! f, for money and the account. Du 5. per Cent., 1865 .
311 1 1 DEATH. OF THE BISHOP OF LICHFIELD
---IF
- Italian have rallied 1 per cent., and general buoy- Do Account
GAecount _
per Cent., 1860 to -} 14 The night Rev. the Bishop of Lichfield died
AND ancy prevails in most departments of the house. D.) 4 por Cent, Guaranteed -
COMMERCHAL INTELLIGENO2., There is considerable confusion, and the brokers Venezuela, 3 per Cent. — suddenly on Saturday night at his episcopal reel-
Do Account • — dence, Eccleshall Castle.
and dealers are busier than they have been for some Do 6 per Cent., 1862
time past. Do 6 per Cent. 1864
TWELVE O'CLOCK. ,
Dividends ma the abovo Dyable in Louaun.
A limited amount of business has been transacted . l, f
Businesi; in the general discount market remains Wench Nantes, a per Cent., a. P‘
2.. j . — _____...---4—____
in the Foreign Stock ilfarket, but prices have shown MOW., 5 per Cont. 1831, Ex. 25i. - n:-,7-x• 5i.111,-_,., w :th a ,-,rlol de;nanii. F.sli-,
''-r77 riqiet and as Om caPital on nif''r i 9 Still '1 'nn" ft. 1;.., li,: 51.1cf11101,11 1_ f4l- I P .tri, C.,.,1.- ;,' t., , Do. A,•ount .4i
.; 3 4i

TWELVE O'CLOCK.
Business in the general discount market remains
."-rY and RS the capital on off->r is still
'4O, no chanc;:o•emi 1,0 1...1,01.01 itt the 0111.1.frnt
a(Y014111114i:Lf lo »1_

time past.
A limited amount of business has been transacted
in the Foreign Stock Market, but prices have shown
Italian have advanced 1: to 14 -15; Creek. j, to
12; : Spanish Cortiti(!ais to "1.61 y; and

1111:1:1:

~~~'l

..... ....
hor, w(ee no gold :01.•rati. el. of imp)] tan,', a!
the Bank of England on Saturday.
The Pera has arrived with specie, &c., amount-
ing to £18,400.
Large transactions took place in all speculative
funds at Berlin on the 18th inst. notwithstanding
the panic on the French Bourse ; the tendency was
.4rru, and it was believed by the stockjobbing public
that, after all, peace would not be interrupted.
Austrian and American funds were slightly altered,
and Russian flat. There had been no business
transacted in railway shares, and quotations were
lower.
lirom Vienna it is stated the Anglo-Austrian
Bank would distribute to their shareholders an extra
dividend of 25 florins per share, and that the emis-
!ion of the Crown Prince Rudolf Railway Deben-
tures will not yet take place.
The accounts from the manufacturing districts
for the past week represent that business generally,
41/ Shown symptoms of improvement. At Man-
-0
ester some rather large purchases have been
. effected in cloths and yarn, arid prices have shown
ati" °lightly improved tendency. At Leeds, Bradford,
a Huddersfield a fair amount of business has been
. effected in heavy fabrics, chiefly for home consump-
tion, but at slightly reduced rates. In the hosiery
and lace departments of Leicester and Nottingham
dere bits also been an improvement in the
n:laud for home purposes, and spring goods to
B h°lllo extent have been taken by the wholesale
v°43es• At Birmingham, Sheffield, and Wolver-
441Pton, and most of the other hardware districts,
tornore cheerful tone has been apparent, and symp-
-1"8 4
:..18 of a return to activity have presented them-
, ill moat of the principal departments of
_ aue, although as regards the export trade the
orders received from the United States have as yet
eel under the average of former seasons.
Business in the corn market this morning exhi-
bited rather more animation. The large arrivals of
foreign grain at ports of call, viz., about 120,000
lettrters, having caused holders to moderate their
haheciN a fall of 3s. to 43. per quarter has been estab-
T
cohc directors of the Royal Mail Steam Packet
res,l,4lPanY have issued their report, showing the
4.-40 f the working for the half year ended 30th
r.bti, e last. In addition to the augmentation of the
ill'soursentents in the working account, arising from
00e1 aiekness in the West Indies, the charges for
rata? have been further increased by higher
114`a of freight, and the items of provisions
art•cl etores, by the rise in price of many
wol,eite: in general use. The credit side of the
of i'ing account, compared with the first half-year
th_ 866, shows a very large falling off in the receipts,
1,,,' greater part of which occurs in passage money.
true unsettled condition of Mexico, the effect upon
4 diminution
of the continuance of the war with Paraguay,
generally
in the shipments of specie, and the
bea.reerall-
/ depressed state of trade, are, no doubt,
0-Y
," the causes of this falling off in the receipts ;
f' the decrease is chiefly owing to the absorption
1, !ram,
by other lines of steam communication, of
Which the French West India Mail Service—highly
toa ichsed and carried on under a contract for a
effect
term of years—is the most serious in its
upon this company'sr earnings. The directors
9t'llgratulate the shareholders on the satisfactory
ate of the insurance fund, and recommend a
(r
18tribution of £3 per share, free of income tax,
14,eluding profit from the insurance account, pay-
a°lo on the 26th inst. The general reserve fund
'founts to £4,939.
it he half-yearly interest of the Central Argentine
04al!waY Company has been declared at 7 per cent.
merit,ailly paid up shares, and is now in course of pay-
at the London and Westminster Bank.
theArtelegram just received from Paris states that
•,,greueli fleet has not yet sailed.
co' lie directors of the St. John d'El Rey Mining
perTP,anY (Limited) have received the following re-
ated Morro Velho, 17th Sept., 1867 :—Pro-
er % fue ,i°, r, August 45,918 oitavas ; from 5,873 tons
£lo:3elu 7,356 oitavas per ton ; cost for August,
dap, '9 i profit for August, £7,356 ; produce, 11
°hay of September, 13,202 oitavas ; yield, 6,543
held as per ton. A meeting of the company will be
directors
*afternoon for the purpose of electing a
dee.a4ed ,
.tu place of Mr. John Distin Powles,
..,
Atlanticare stead and Great Western Railway Debentures
gage 13" Y at 241 25i ; and the Consolidated Mort-
Ile °ads at 191 20k.
be ~ rePort of the Royal Mail Steam Company, to
site of deel4lls4litted on the 23d. inst., attributes thea neces-
•
biare partlayru to ig a
reduced redistribution of £3 per
of eli bus
ed
the sickness in the West Indies,
carryingexpense from alterations in the mode
it chtial%k on the service, whilst at the same time
I:llgtee„,lB°.ed the passenger traffic, partly to au
he ILALatioia
of the disbursements, arising from
euarDe. r
Partly fbcoal, provisions, and stores, and
theefferent the unsettled condition of Mexico and
War u
• ar with Pon Brazil of the continuance of the
~, Para
nticti „, My ; but, above all, from the ab-
Liiation,y, traffic by other lines of steam commu-
Service highly
which the French West India Mail
4 eeuts."'lgillY subsidised and carried on under
most 4et
us aerie for a long term of years—is the
oe •
, ellrse,l t in its effect. Nothing baying
gireeto 0 affect the ,g insurance account," the
tketo: c 0 affect
the shareholders on the satis-
retur Position of that fund, and on the substantial
it. "4 they have from time to time derived from
viWithturd -
to meet the views of the Government
)4444f egard
to public representations from the
\iVest jahe,tll. ring districts, it has been agreed that the
home than packets shall call at Plymouth on their
kails fend 4 Passage to Southampton to land the
1 t •
bevel t Which the company will receive a sum be-
eitr4 oorhy! sufficient to cover the expenses of the
,4tkblieli ,le°. The lino of steam communication
i`Niae.e" by the Panama, New,Zealand, and Aus-
L° IsT °Yal Mail Company, via the Panama route
ew .-7
ope • Laealand
. ration and Australia, having now been in
et th. over 12 months, satisfaction is expressed
braei;4llcoessful manner in which the service, em-
i 11. g th
... ew Zeal e long
ocean voyage from Panama to
441 h, al°, and vice versa, has been, from the
,eeee,_
tuent) Performed.
11148 Ir
dates' that oil Trade Circular, dated 19th inst.,
k) at the
; We eo_ general iron trade has this week
44 all 41 'Le susceptibility of the depression existing
411 kiti44ets) abroad and at home. Dealings of
eon
eerted (not entirely concluded) have been dis-
,actering ,
land the distrust pervading the mann-
-arked ex 13triets, no longer vague—for several
t era i •
Well NI 13 es in the past week have shown it to
vr transacts Med--entirely precludes the opening of
firm ,,on
akn , ,
jlev
18. Prices of pigs stand, but are not
, ess. e and and Welsh particularly showing
(.
Illere Bars are dull, but finished iron is going
Away
caw several large orders for rails and
~;her, we lugs about ; but the terms offered, or
tl gush
4284111°111d Bay, the conditions imposed, are
vriece_."l'd favour with ironmasters after late
kailways . The postponement in paying accounts
4leept;o„l3 bee°llling too much the rule, and not
l'Eenee to c) as heretofore. Licence serious incon-
lition of arge houses in the trade, and the con-
'o.. trade business now under consideration. The
4408.
i‘progresses Slowly under pr..sent circum-
klaer chechke. foreign trade has this week received

IrLW, :"' Per (*.lits. 31:t ; while Mexicali
uoutinu.2 btk;ady, at ; and razsive, at .16i's e.
In the Foreign and Colonial lines there has not
been much variation. South Austrian and Lom-
bardo-Venetian, however, have declined to 131 14 ;
San Paulo to IG.I. Grand Trunk of Canada remain
steady at 17i ; Great Western of Canada at 151 ;
East Indian at 1101 1; Great Indian Peninsula,
1071 1071.

DO. A I,omi

THE WAR ON THE LA. PLATA.

SHARE LIST-T

'his Day.

oitDINAICI SHARES

ND STOCKS.

share

Railways.

Paid.

Closing i Business
Price. I done.

Bristol avatar I
'2.ledonia.n
'ambnan
o.lork and Bandon...—.
f.)orn WAIL
üblin & Belfast June
Le,

83 15 (81
88 90 901 2184 9
35 16

The New Threes and Reduced Annuities are 92
; New 21 per cents., 75 ; Exchequer Bills, 275.
prem. for March ; Bank Stock, 251 ; India 5 per
Cents., 114/ 113 i ; do. Enfaced paper 4 per Cents.,
881; do. 5. per Cents., 1091 ; do. 5 per Cent.
Rupee Debentures, 1882, 105.
Increased depression has prevailed in the Railway
Share Market, sales in general of the principal
stocks having been pressed, particularly in Cale-
donian, which have further declined 31 per cent. ;
Midland have receded 1 ; North Western,
; South Eastern and Brighton each 1 ;
Great Northern and North-E.lstern (Berwick)
each ; Grea Western, London, Chatham, and
Dover, and Metropolitan each k, and Great
Eastern I.

20
et
et
IGO

3 5
73 75
70 72

bun„Perth, Ab•J
E.London, zorip CP:Li
Do.
Glasgow At S. Western
Great Eastern, Ord. stk.
Do. E. Angl. st. No. 2
(.i-re at Zforth of Sootland
Great Northern
DJ. A stock • • •
Do. B stock

103 llt
31.1 311
4
15 6
109 110
112 113
12$ 145

311* i I

1(81 9 0
113 I°h

Do. New, la. at 25 pal
GtS, and W. of Ireland
Gt. Western —Originall
Do. S. Val. nail. gua.
Do. South Wales ....
Do. W. Mid.-021ord

94 16
45 46

15 } 41 5}

25 3)
29 3

Do. :'!iewport.

Do. Het ford
Lancashire & Yorksbut
London and Blaokwall
Lon., Brigh., & S. Coma
Lon., Chat., and Dovei
Do. Metrop. Ex. A
Lon. (is North Wester',
'Lon. da South Western
Man., whet., Lincoln
atetro
Do. New

120 Ii?

126 j
MI j 1 21 11
al 13

11 453
is 19
11 H
111 112
Et 84
17 68
i 2 1;.2,

'l2/ i # 11;
$l3 21
47 C 71
122; 1j 2,1 2

In American Securities United States 5-20 Bonds
have advanced 4, to 68! 69 ; while Illinois have
declined 4, to 771 and Erie shares continue
steady, at 444 454.
Bank shares remain very inactive, but without
any material change as regards values. London
and Westminster are marked 71 714 ; Union of
London, 374 38 ; Anglo-Italian, 81 ; London and
County, 554 ; and Union of London at 374 38. .

Do. EXteosiou......
lietropolitan District

111 113
83 85

Uo. do. do.
)u. and St. John's W'd
%lidiand
Do. Share

1181 119

110 171 161 I

1
Do, [Bonin.. ,St Darby
►tid Kent . . .
North British
Do. Pid., Pth., dr Dun
th. Eastern—Berwick
Do. G?.N•.B purohase
Do. Leeds .....
Do. York
Do. Carlisle

87 89

SI 34

321 I

101 i 100 i

Miscellaneous and Finance Shares are exceed-
ingly dull. Credit Foncier of England are at 3i i;
General Credit and Discount, 51 ; Peninsular and
Oriental Steam, 51i- ; and Viceroy of Egypt's
Mortgage Loan, 71/.

Stockt& Darling.

Do. do. 1860-61
North London
Do. do. 1862 5
Do. do. 1866
.'forth Staffordshire
.NT. St S. W. Junetion
O'oottish Central
§oot. N. it: Aber. stook
Do. Soot, Mid. stozlt
hropshire Union
South Devon
South Eastern
itaiues, Woe., t: Wok
l'aff Vale
Do. C
Vale or &emit

MINING MARKET.
MONDAY, Two P.M.

The market has been very quiet, and a very
limited amount of business has been transacted.
The following are some of the latest quotations :
Ohiverton Moor al 5j North Treskerby 33s 35s Od
Chontales Gold
Clifford Amalgamate 7f 71 Providence Mines...
East Basset — So.-Condurrow...los 12s Gd
East Caradon
East Lovell Bj 81 Tincroft l2 13
East Wheal Grenville 2 2* Nest Soton
Great North Djwus 31 41 Wheal Basset ~... 821 871
Great Retallick
Great- Wheal V 01.... 171 181 Wheal Chiverten
Markt?, Valloy — Wheal Grenville 31s 33s Od
North Crofty

Waterford & liiikeuuy
Waterloo &
V eat C w.tll

LATEST CITY INTELLIGENCE.
CITY, HALF-pAST FOUR O'CLOCK.
Since two o'clock there has been a further re-
covery in Consols of f per cent., viz., to 93/ 91 for
money and account. In the same period Italian
have risen 1, to 451; Greek remain at 121 a ; and
Turkish 5 per Cents., at 311 f ; Mexican are 1
better, at 141 151, and Spanish. Certificates have
declined j, to 16 /, but the Passive Stock is firm at
IS/ 19f.
The Railway Share Market has closed with a
very agitated appearance, rapidchanges varying from
3 to 4 per cent. having taken place in Caledonian
within the lastfew hours. The latest prices are 88 89.
With regard to some of the other principal lines the
latest quotations are as follows :—Great Eastern,
311 311 ; Great Northern, 109 110 ; Great Western,
45 45} ; Lancashire and Yorkshire, 125} 1261 ;
Brighton, 511 521 ; London, Chatham, and Dover,
18 19 ; North Western, 1111 1121 ; Metropolitan,
122 1221 ; Midland, 116} 117 ; North Eastein (Ber-
wick), 100 102 ; and South Eastern, 65} 66.
In the bullion of the Bank of England to-day
there were no operations of public interest.
The Mining Market has been active for the fol-
lowing shares :—West Chives ton, GI 66 ; East
Lovell, 8} 81; North Wheal Chiverton, 4} 5 ;
Great Wheal Vor, 17 18 ; North Crofty, 3} 34 ;
Prince of Wales, 51s. 6d. 525. 6d. ; North Tresker-
by, 83s. 355. ; West Caradon, 8 9 ; East Russell,
275. 30s. ; Chiverton Moor, 41 51 ; and South
Caradon, 400 410.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMEN'T FUNDS.
3 per (sent. Console
Da. Account, Nov. 7 931 I
I per Cent. Reduced 92 i
New 3 per Cent 92
New 21 per Cent. Jan. 1894 751
Do. 5 per Cent. Jan. 1873
innuities, SO yre, expire sth Jan., 1880...
Do. for 30 yrs, expire sth April 1885 —
Do (Rod Sea Telegraph), Alio., 1908.'
March Juno
;xchoquer Bills, £l,OOO, 2& 21 per CL
Do £5OO 3O pin
Do. £lOO & £2OO 27 pin
Bank of England Stock, 4 per Cent 251 49

Do. Account
iNDIAN GOVERNMENT SECURITIES.
Indiau Stock, 10f per Cent., April 1874 22l}

. _
Do. Account -
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 18S8
Do. Certificates —
Do. Enlaced Paper 4 per Cent BB}
Do. 5 por Cent., Jan. 1872
Do. 5i per Cent., May 1879. _-- 1091 31
.

Do. 5-piir Cont., Bup.-Deb., 1872 —
Do. do. 1877 —
Do. do. 1882 lO5
Do Deb., 5 per Cont., Aug. 1873 —
Do. Bonds, 5 por Cent., £l,000
Do. under £I,OOO
--- - --

FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
Austrian Bondstos per Cent, 1859
Brazilian 5 per Cent _
Do. 41 por Cent., 1852-58-60
Do. 1863
..'o. 5 per Cent., 1865
Do Account 72}
Do. £lOO Bonds 7l/ 2/
Buenos Ayres 6 per Cent
DJ 2 per Cent. (Deferred 3 per Cent )
Calla, 6 per Cent.
C.,ilian 6 per Cent —
Do. 4} per Cent
00. 6 per Cent., B .
Do., 1867
Do., Scrip, £74 paid
Do., 7 per Cent., 1866
Do., Scrip, £2O paid
WI, mbian, 6 per Cent.
Danish, 3 ner Cent., 1825. . —
Dinubiau Principalities, 7 per Cent 6O
Do 8 per Cent., 1.67 —
rquador New Consolidated, 1 per Cent l2
Jgyptian 7 per Cent —
f/o. Sec, ud Issue —
Do. £lOO Bonds
00. Do. " 1864
Do. £5lO Bonds B3l 1 21
Do. £IOC Bonds Bs} f
Do Government Railway Debentures B7 61
G:3ek 5 per Cents., 1824-5, ex Coupons
Do. Account
Do. Coupons
Do. Account
G aatemala 5 per Cent .. —
Italian 5 per Cent., 1865 —
Do, Account
Do. Marommana Railway —
11,xicall 3 per Cent —
Ditto for Account
Dn. 1864 —
Do 6 per Cont. Anglo-French —
dontovideau 6 per Cent. . —
Iloorish Imperial 5 per Cent
Now Granada —
Do 3 per Cen —
Do. Deferred —
Do Laud Warrants (Hectares)
Peraviar. 5 per Cent. 1865
Lio Account 67 1 7 1 1

DO 41 per Cent., 1865
Do 41 per Cent. (Uribarren)
Do 41 por Cent., 1862
Do Account
E) Jangling° 3 per Ct., 1153, '6, '7, 39
3ussian 5 per Cont., 1822, .0 Sr Bsi
Do 41 per Cont. 1850
Do 41 per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., P 62
Do. Anglo-Dutch, 1861, £lOO Bonds l5/ 6}
Do. do. £B4 15s. do.
Do., 1866, £lOO Bonds B5/
Do. do. £B4 15s. d 0...., —
Sardinian, 5 per Cent
Spanish 3 per Con
Do Acccsunt
Do Nov Doferreu
Do Account
Do Passive
Do Acctunt
Do Corn. Cert. of Cour. not funded
Do Account
Tarkish 6 per Cont., 1854
Do Account
Do 6 per Cent. 1858
Do Account
Do £lOO Bonds
Do 6 per Cent., 1862
Do Account
Do £lOO Bonds 6ll 1
Do. Z 1863

Two o'CLocK.
, kera•
4le' ming to Neuter's telegram this morning,
ree...), ,
94t1 "u uentes were 67f. 85f, G
41 rise
I.ii • Great agitation ;
the
4.3' considerable animation has prevailed on
tli Aria Bourse and on the Stock Exchange. At
ei• °ening Consols were as low as 93a
14
.1., a de-
ot, t of
ii teei Per cent, and great agitation, but
„ 20 Pt of higher prices from
, Nu
(:4,4 ~ a rea3tion immediately commenced
Paris, dated
4 Court,

too
it I

-40
..0h
10
iOO/

Cam. Consol. Gold, Ihn
Chiverton
Clifford Amalgamated
Devon G. Cone. (Tavist
Drake walls
East Bassett (Mogan). •
East Caradon
East Carn Brea
:Last Grenville
East Gunnislake
East Lovell
N. WI Russell (Tavistk
Gam.& StAubyn(Gwen.
Great Laxey, limited
Great South Tolgus
Great Wheal hwy
G. Wheal Vor
Grenville
Herod's Foot ••••
['ingot= Downs
llargaret (Uny Lelant
%larke Valley
klwyndy Iron Ore, lim
Seton
North Roskear .
N.Wh'l Bassett(lllogan
North Wheal Crotty
Prosper United
Providence k Un y Lelan t
S. Caradon (St. Cleer)
(South Condurrow

-§.Wheal Fran. (Mogan
stray Park .
Croft.

Vigra and Clogan, Ilm
West Bassett (Mogan
W. Caradon (Ltskeard
' West Chlyer ton
West
Wheal Bassett 'Mogan
Wheal Buller Okedruth
Wheal Mary Ann (Men
Wheal Seton
Wbes.,l Trelawney (Lis

coLONIAL GO visa

British Columbia, 6 per
oent., Deo. 31, 1572....
ICan.Gov.6 p.c.Ja.d; July

-1877-84 -
Do. 6 p. o. Feb. & Aug
o. 5 p. o. Mar. & Sept
Do. 5 p. c. Jan. & July
Do. 5 p. c. Inscribed sk
Cape G.llope, 6 p.c. 1873
Do.Apl. &Doi , 1890-1900
Do. do 1880-90
Do. Jan.&July, 1890-91
Do. 5 per oent. 15 April
and 15 Oct., 1900
Ceylon, Nov. 1868, 6 p.o
Do. 1878, do
Mauritius, 6 p. 0, 1873,
Jan. and July

Do. 1878 •
Do. 1882, Mayls, Nov. i 6
Do. 1895, Feb. & Aug..
Natal Gov. 6 per oent..
N.B.Gov.6p.o.Ja.Wuly
N. S.W. Gov. 5 pro., 1866
Do. 5 p.c. 1871 to 1876

Do. 6 p.c. 1888 to 1895
New Zealand, 6 p. cent
Do. 6 per cent....
Nova Scotia Gov. 6 p. o
sterling, 1875
Queensland Gov. 6 p. c
S. Aus.Gov. 6 p,o. 1868-9
Do. 1878 & upwards
Vlo,Gov. 6 p.c. Ja.le July
Do. 4,gt. Aprl,),S&Oq

2.1.0
204
2.14.6
31
2.14.0
8.2.0
3.9.0
11.2.6

584
5.17.01,

MEN'

5 7
7 8
410 430
;
10 21
5 6
S 34
2 3
4
8
2 21
4 5
17 18

18 ii
6 I
25 37
21 2/
6 8
4/ 51
21 11
40 50
6 7

36 4
2 21
29 3t
390 410
I I
374
6426
13 14

8 lu
64 67
110 120
674 221
25 27
16 18
105 115
9 7

651

103 2

1031
liu.
17j

103 i 4

190
100
100
100
100
100

1031 4

:ITINtS.

1111

91 4

JIARKETS--(This Day.)

:tha ,-,7l(yi demarvi.
or more. -

MARK LANE.

They Country markets held on Saturday wore heavy for
wherA, at a decline in the quotations of from is to 3s per
qualler. In the value of other kinds of produce very
litt)', has change taken Place.

The mails from the Brazils and River Plate, via
Bordeaux, arrived this morning, and fully corrolbo-
rate the intelligence anticipated by telegram, as
coming from a Paraguayan source, and which by
files of papers received are fully borne out, a; to the
true but sad position in which the allies have placed
themselves, which may be briefly summedi 'up as
follows :—The Brazilian fleet had passed Curupaity,
but were unable to advance and make an esttnck on
Humaita, nor able to force a passage of that place,
while the Paraguayans had retaken Curt= fin their
rear, and had strengthened this as well as
Curupaity, and had literally sown the river
with torpedos and other obstructions-, so that
the fleet is now completely hemmed! in and
unable to advance or force a retreat, at the
same time keeping out of reach of the heavy artil.
kry of both fortifications. The army, under Pre-
sident General Mitre, being unable to co-operate
will the fleet, was entrenching itself against attack
from the Paraguayans at Tuju-cue, equally unable
to make any move ; President Mitre casting the
blame of the bad position they had got into on the.
Marquis Caxias, the Brazilian commander, while
the latter attributed all the blame to the incapacity
of the former, and this has naturally caused an ill-
feeling to spring up between the two commanders,
which it is probable will do more to bring
about a rupture of the Triple Alliance,
and an end to this struggle, than anything else
might have done. The most important feature of
the fortnight has been the change in the Argentine
Cabinet. Dr. Elizalde, Minister of Foreign Affairs,
and Dr. Costa, of. Education, have both resigned,
and tha Vice-President has named as their successors
Dr. Ugarte and Senor Uriburn. The leading fea-
ture of the new Ministers is their opposition to a
continuance of the war, and they are strongly in
favour of peace, as they deem it impossible to carry
out the policy of the Mitre Administration, and in
this they are strongly supported by the press and
the public, as it is felt that the war has lasted too
long; and owing to the strength of ilumaita and
the natural defences of she country, the Paraguayans
are able to maintain a successful resistance against
the combined strength of the Allies. Cholera had
again made its appearance at Tujuti and Tuju-eue,
and fears were entertained that the camp would
again have to be removed.

The Continental markets have become less active for all
/.:finds of grain. In America prices continue high, although

re m th

i;,l: , ii

,i.,._

~~~.~ .i

Ilf 111

The few samples of E❑glish wheat on ofter were dis-
posed of at full pries; but fo►eign parcels were very dull
at barely late ratos.

Malt moved off slowly ; nevertheless, the quotations
were supported. The supply was tolerably good.
There was a dull sale for oats at Gd per quarter less