The Sun.
London, England, 1867-08-24 00:00:00

FRANCE.

The following letter appears in the Paris journals
relative to certain charges made against Marshal
Bazaine. The writer is atpresent publishing papers
in the Revue Contemporaine relative to Mexico :
" In presence of the attacks of which I am the
object on the part of certain organs of the French
press, I declare that my work 'On Mexico,'
being founded only on authentic and official
documents, I do not intend henceforth to
reply to auy assertion supported by rumours or
vague information, nor shall I quit that reserve
unless the authenticity of the documents I quote is
seriously called in question. However, it is neces-
sary to notice the strange information furnished on
the subject of the decree of the 3d October, the con-
demnation of Romero' to death and the lettter of
Porfirio Diaz, accusing Marshal Baxaine of having
offered to deliver to him Maximilian and his gene-
rals and to sell him arms and munitions. I oppose
a formal denial to the assertion that the Marshal
was the author or promoter of the decree of
the 3d of October. That fatal measure, the
original minute of which can be consulted, was
entirely conceived by the Emperor Maximilian and
written in his own hand, although he had a secre-
tary by his side, and all the Ministers affixed their
signatures. The Marshal alone did not sign it. In
spite of his opposition the Emperor was determined,
and the general-in-chief executed the decree, as was
his duty. Romero, who was not a general, as the
I'i/dependance says, but a bandit of the worst spe-
cies, was sent before a military court, which alone
had the right to pronounce on his fate. He was
justly condemned to death and was shot. Neither
the Emperor nor Empress of Mexico wished for
his pardon, and the scene which the Belgian
journal recounts in which the Marshal is said to
have outraged the two Sovereigns for causing
Romero to be shot is absolutely false. Attached
to the documents relating to this condemned is a
letter from Juarez, which was read in open court,
ordering the Liberals to pursue and chastise the
chiefs of bands, Fragoso and Romero, as dishonour-
ing the Republican cause by their atrocities. As
to the pretended letter from Porfirio Diaz, that is
an infamous calumny, to which our national self-
love should have long since done justice. When
foreigners attack the reputation of a Marshal of
France, it would be proper for the French Govern-
ment to summon them, although Americans, to
furnish documents in support of their accusation.—
Accept, &c., " COUNT E. DE KERATRY."
BOURSE, Aug. 23, Two o'clock.—ln spite of the
neglected state of the market, quotations are well
maintained, and there is a slight advance. Threes
have improved 5c., at 69f. 721 c. ; Italian Fives 10c.,
at 49f. 25c. ; Credit Mobilier shares If. 25c., at
325 f. ; Spanish Mobilier, lf. 25c., at 206 f. 25c. ;
Com ptoir d'Escompte and Immobiliere arc unvaried.
Railway shares also obtain slightly increased quo-
tations.

Three o'clock.--The market closed as follows :-
41 per Cents lOO 50 Bank Shares 3325
Do. end month — Italian Loan 49 15
3 per Cents. 69 771 Do end month 49 171
Do. end month 69 771 Mexican Loan l2 5U
Credit Mobilier ... 325 Do. Bonds llO
Do. end Month ... 322 50 Spanish Threes , -
Credit Fancier 1387 50 Home Debt
Da. end month Deferred
AYs.

RAIL'

For Account.
Orleans
897 50
Northern
1162 50
Lyons and Mediterranean 893 75
Southcrn
552 50
Western
____ _
Eastern
518 75
Sardinian
Austrian _
485
Lombard 385
North of Spain
SaragosEa,
Roman • —

THE INSURRECTION IN SPAIN.
MADRID, Aug. 21.
The following is an extract from the latest
official despatches published by the Captain-General
of Catalonia :

i 4 In the province of Lerida the band under
Contreras, about 200 strong, organised at Viella,
surprised a detachment of 21 carabineers. On the
18th this band was at Slabora and Sors ; it is being
pursued by the battalion of Las Navas. The band
which was organised at Ayton is broken up, and
its scattered members are closely pressed by a
column of troops, who have captured a quantity of
arms of a very inferior description. The
greater part of the band are giving them-
selves up to the authorities. At Girone
there are no insurgents, those who entered
that province headed b 3 General Pierrad (not by
Contreras or Milans, as was stated) having been
pursued, and have returned to France, where they
Were disarmed by the French authorities ; they
are now all confined in the Citadel of Perpig-
nan. The greatest tranquillity reigns in the
province, and perfect loyalty is everywhere
displayed. In the province of Tarragona
the insurrectionary bands are flying in all directions,
and the spirits of the troops is excellent. The
military commandant has notified to the public that
the movement is completely dominated, and that
many insurgents are surrendering to the authorities.
For this reason the Captain-General has promul-
gated the following amnesty to all insurgents
giving themselves up within three days :

" PROCLAMATION.

" Several bands of insurgents have been beaten
and dispersed. Those who were under the com-
mand of the rebels Pierrad, Contreras, and Pajoe,
have been forced to return to France. Those still
in the province are quite panic-stricken, and a large
number of insurgents, harassed by the Queen's
troops, and dispersed, are unconditionally*
making their submission, and giving up
their arms. A faithful interpreter of the
magnanimous sentiments of her Majesty the
Queen (whom God preserve), and in order to
re-assure the imprudent, who may have allowed
themselves to be misguided in a moment of blind-
ness, and whom I thus distinguish from obstinate
rebels, I profit by the spantaneous movement now
observable to emancipate them from the stern rigour
of military law, and thereby grant a free pardon to
all insurgents who, within the rigorous delay of
three days, shall present themselves and claim the
benefit of the pre:,:eut amnesty.
(Signed) " COUNT DE CIIESTE,
Captain- General.
" Barcelona, August 19, 1867."

THE LATE DUKE OF NORTHUMBERLAND.—The
present appearance of Alnwick betokens the universal re-
spect iu which the aged duke was held by all classes. There
is hardly a shop which has not one or more shutters on its
widows; and over most of the private windows the white
curtain has been drawn. The body of his grace has been
placed iu a shell. It will be further enclosed in a lead
coffin, which again will bo placed in one of more costly
materials and workmanship. The body will lie in state in
Alnwick Castle on Monday and Tuesday next, and the
funeral will take place on Wednesday. The ceremonies on
these days will be similar to those at the death of Duke
Algernon in 150.

tioult„ CirmTat

The Queen's Visit to the Borders.

From all points of the eastern Marches we have
accounts of the lighting of the beacons. More rapidly
than the fiery cross sped in olden times did the sig-
nal go forth to kindle the mountain tops ; and the
effect produced was such as had not been witnessed
by the present generation, for it is " sixty years
since" the beacon fires blazed forth, and their pur-
pose then was to call the people to arms to resist an
expected foe. A false alarm it proved on that oc-
casion, and yet a true alarm to the peaceful inhabi-
tants of the vales of the Merse and of the Teviot and
Tweed. On this occasion the first State visit of a
Sovereign to the Border since the days of Mary
Queen of Scots, the signal of war has been converted
into an expression of joy. IVhile in Kelso the people
spent the evening in witnessing the illumination of
the town, the inhabitants of the other border town s
watched from their neighbouring heights the light -
ing of the hills. From Hawick we learn that 22
fires were counted, while fro m Gala Rig it is said
that no fewer than 34 w ere counted. Perhaps 40
or 50 mountain tops in all were a-blaze on the
occasion. By any one aequa inted with the scenery
of the Border, the e ffect of such an illumination
will be easily understood. The only regret expressed
is that the night was so clear.

On Thursday, the second day of the Queen's visit
to the Border, the forenoon was spent within the
beautiful grounds of the Duke of Roxburghe, at
Floors. After luncheon her Majesty and the Royal
Family set out at 3 o'clock on a visit to Melrose
and Abbotsford. In the first carriage were the
Queen, the Princess Christian, the Princess Louise,
and the Duchess of Roxburghe ; and in the second,
Lady Charles Russell, the Prince Christian, the
Duke of Roxburghe, and Lord Charles Fitzroy.
The cortge was loudly cheered in passing through
the town of Kelso, which still wore all its effective
decorations. Crossing over Kelso-bridge and
Teviot•bridge, the party entered upon the tongue
of land between Tweed and Teviot, on which the
remains of Roxburghe Castle stand, but from which
all traces of the original county town of Roxburgh-
shire have disappeared. Passing up Tweed-side on
the south bank of the river and leaving Smailholme
tower and Drylough Abbey across the stream, the
villages of Moxton and St. Boswell's, all prettily
decorated, were passed, amid a hearty huzza from
the assembled inhabitants. In the course of the
journey a little delay occurred from one of the
horses of the second carriage getting restive. At
Ravenswood Lodge the Royal party passed the site
of Old Melrose, where existed one of the earliest
religious houses in Scotland, founded by Culdees in
A.D. 635, and at a later date absorbed by Melrose
Abbey. Continuing up Tweedside the little village
of Newstead was reached, and here two triumphal
arches, both surmounted with floral crowns,
greeted the eye, while every house was flutter-
ing with streamers. At Newstead there is a
choice of ways to Melrose, and the Royal route
lay along what is called the Anna-road,
being the nearest road to the Abbey, and it was
in coming up this road that the people of Melrose
first had tidings of the Sovereign's approach. It was,
of course, to be expected that the good folks of Mel-
rose would turn out in holiday array to see the
Queen. But, not very numerous themselves, they
were assisted in their welcome by the inhabitants of
Selkirk and Galasbiels, who in the afternoon laid
aside their daily toils to hasten southwards and
eastwards on the spot. From Earlstoun also, and
from Lauderdale, large throngs poured in, :while
Teviotdale and the Merse helped to celebrate the holy-
day of Tweedside. From end to end the town was
decorated, just as Kelso had been on the previous
day, scarcely a house in the line failing to contribute
to the display. Triumphal arches were erected at
the heal of Abbey St. Mary, where the Queen was
to emerge, as by a kind of surprise, on the crowded
Market-place, and at the foot of the High-street,
the latter being a stately triple arch, decorated with
flowers. The Queen was expected at Melrose about
half-past 4 or a quarter to 5, and shortly before that
time the mounted police and a body of Hussars
formed the dense crowd in the market-place into
opposing lines. The basement of the old cross was
clustered round as bees gather at a hive ; windows
and balconies showed smiling groups, and even the
housetops afforded an opportunity for the adven-
turous. As at Kelso, there was .a little tax on the
patience of the loyal throng, for the royal arrival
was three-quarters of an hour later than was gene-
rally expected. On reaching Melrose her Majesty
and the Royal party passed, on their way to the
Abbey, through the Priory, the residence of Mr.
Erskine, Baron Bailie of Melrose. As her Majesty
alighted Mr. and Mrs. Erskine were presented to
the Queen by the Duke of Buccleuch, and Mrs.
Erskine had the honour of presenting a beautiful
bouquet, which Her Majesty accepted with a cordial
expression of thanks, and which she carried with
her in her visit to the Abbey. Her Majesty was
admitted to the Abbey by the Almsgate conducting
to the cloisters on the north side. The Duke of
Baccleuch, proprietor of the Abbey, had the honour
of conducting the Queen over the structure, which
her Majesty surveyed NN ith evident marks of gratifi-
cation, moving from point to point to catch the ever-
changing view which it presents. Upon the infinitely
varied beauties of Melrose the Royal party had only
too little time to linger. After a hurried glance
at the general aspect of the structure, as seen
from the transept and nave, special attention was
given to the beautiful eastern window---the "appren-
tice window" as tradition calls it. The various tombs
associated with the names of heroes of old, the rest-
ing-place of the Bruce's h3art, and many other ob:
jects of interest, crowded upon and in part gained
the attention of the royal party ; and the rich carv-
ings were of course pointed out which Scott has
described as embodying the beauties of nature. But
there was scarcely time to examine all these minutely,
and after some minutes spent inside the ruin, the
Duke of Buccleuch conducted the Queen and royal
party around the edifice, passing from the east to
the south window, thus embracing many of the fine
general effects with which the stately ruin abounds.
Leaving the abbey by the west portal the royal
party proceeded to their carriages. An escort of
hussars were here waiting to conduct her Majesty
through the town, and the Melrose company of the
Roxburghshire volunteers, commanded by Sir Geo.
Douglas, formed the guard of honour. The carriages
proceeded up the narrow way of Abbey-street,
which was kept clear during the royal visit, and was
lined by the Ist and 2d (Galashiels) companies of
the Selkirkshire volunteers.

It was now half-past 5, and, heralded by a run-
ning fire of cheers up Abbey-street, the Queen drove
through the triumphal arch at the head of the street
and into full view of the immense crowd in the
market-place, from whom her Majesty received a
most hearty welcome, loudly expressed by the
huzzas of several thousand voices. All down the
High-street the same cheering was continued, and
by 20 minutes to 6 the Queen had left Melrose. The
cortege then passed to the old village of Darnick,
where Walter Scott of Buccleuch fell in 1526 in the
hazardous effort to rescue the youthful James V.
from the keeping of the Homes and Douglases.
Here, also, the houses were gaily decorated, and the
inhabitants turned out in large numbers to greet
her Majesty. Two triumphal arches were erected—
one at the entrance, and the other in the centre of
the village. The latter arch was tastefully as well
as artistically got up, being decorated with busts of
Sir Walter Scott and others ; and also with shields,
swords, and pieces of ancient armour. Casts from
some of the finest carvings in Melrose Abbey like-
wise formed part of the ornamentation, which, as
a whole, was very effective. The Queen, as she
passed through the village, was loudly applauded,
and her Majesty acknowledged the compliment by
bowing frequently in a most gracious manner.
The Royal party arrived at the gate of Abbots-
ford about 6 o'clock, an.-1 were cordially welcomed
by the people who had assembled in the neighbour..
hood. Her Majesty was received at the principal
entrance by Mr. and Lady Victoria Hope Scott, the
Duke of Norfolk, and clifitiugqi§lia,party, The

r......,

stay at Abbotsford occupied about an hour, an. yea
was served to the illustrious guests. Her Majesty
examined with much interest the numerous antiqua-
rian relics in the museum, and also many pieces of
old furniture collected by Sir Walter Scott.
The Queen left Abbotsford at a quarter to seven
o'clock. Her route homewards was changed from
the right to the left bank of the Tweed, the river
being crossed by the bridge at Darnick Toll, and a
change of horses was effected at Gladswood in pass-
ing through the property of Mr. Meiklam. The
homeward route being in the county of Berwick, her
Majesty was received at Leaderfoot by a party of the
Berwickshire Rifle Volunteers. Before the Queen
left Abbotsford it had begun to rain, and the car-
riage bad been closed. At her Majesty's desire,
however, it was re-opened, and so continued during
a considerable part of the way. On crossing the
Leader the carriages took the Smailholm-road,
and, keeping all the way ou the north side of the
Tweed, the policies of Floors Castle were entered
by Stodrig Lodge. The Royal party got back to
Floors before nine in the evening. By the younger
branches of the Royal family, Prince Leopold and
Princess Beatrice, the afternoon was spent in vieit-
ing Kelso Abbey and other places of interest.
EDINB UR GH, Friday.
_ _ _

A

t,

To-day the Queen visited Jedburgh, about ten
miles south of Kelso. The ancient border town was
not behind its neighbours in loyal manifestations,
and its decorations were even on a more ambitious
scale. The weather was again favourable, and there
was a large concourse of people at several points in
the route. In the gaily decorated market place there
was a lively demonstration. Provost Deans presented
the Royal Address, which was graciously accepted.
The Queen's carriage slackened its pace in passing
the Abbey, but no further stoppage was made.
After a drive through the grounds of llartrigge-
house, the Royal party returned to Floors Castle.
In the evening preparations were being made for
departure to Balmoral.

Saturday Morning.

The Queen left Kelso at 11.22 p.m., and passed
Edinburgh this morning at 16 minutes past 1 o'clock.

The Earl Brownlow, who is at his shooting quar-
ters in the H:ghlands, intends to return to Ashridge earls
in October at tho latest, and afterwards to go to Belton
House, near Grantham, for the winter.

Lord Stanley, M.P., left town yesterday for
Knowsley, the Earl of Derby's seat near Liverpool, where
bis lordship will stay about 10 days before going to Scot-
land.

The Earl and Countess of Strafford are expected
to leave Cowes to-day for Wrotham Park, near Hadley,
Herts, after several weeks' yachting.

The Earl Cowper has arrived at his shooting bog
in the north of Scotland from Panshanger, Herts. The
Hon. H. Cowper, M.P., his lordship's brother, has gone en
a tour in the United States of America, and will probably
be absent from England until early in the ensuing year.
RUMOURED VISIT OF M. TRIERS TO ENGLAND.

—The Epoque is "authorised to declare the statement in"
exact which announces that M. Thiers is to visit England
either alone or in company with M. Jules Favro."

Naval and Military Intelligence.

According to present arrangements the Lords of
the Admiralty will complete their official inspection
at Portsmouth on Tuesday, when they will leave for
Portland. Their Lordships are expected at Plymouth
on Thursday, where the official dinner will be giver'
on Friday. In the evening they will patronise the
ball at St. George's Hall in favour of the Female
Orphan Asylum.
The United States frigate Minnesota left Ply-
mouth Sound onWednesday evening for Cherbourg.
Her chaplain expressed in the local papers the gra-
tification of all the officers and crew at their kind
reception in Plymouth from all classes.

Mr. John Hood, late chief engineer of the Phoebe,
having pleaded guilty to a charge of drinking to ex-
cess, was sentenced yesterday by court-martial at
anronport to be dismissed from her Majesty's ser-
vice; but having regard to his great age, the Court
recommended him to the merciful consideration of
the Commissioners of Admiralty. Mr. C. Hanson,
additional boatswain, third-class, in the Lion, was
tried at the same time for desertion, and baying
pleaded " Guilty," was sentenced to be imprisoned

six months, and to be dismissed the service.

Yesterday a detachment of the 69th Regt., con-
sisting of five officers and 214 men, arrived at Liver-
pool from Dublin en route for Preston. Captain
Charleton was in command.

The following appointments were made yesterday
at the Admiralty :—J. Snell, chief engineer, to the
Cumberland, for charge of engines of the Blanche ;
C. L. J. Underwood, assist.-paymaster, to t"
Bristol, additional, for disposal ; J. A. Bell, clerks
to the Cambridge.

RAILWAY INTELLIGENCE.

LONDON, BRIGHTON, AND SOUTH COAST.

At an advanced hour last night the report of the
London, Brighton, and South Coast Railway Coo'
pany was issued. It is not very satisfactory, iriar
much as it appears that the working expenses of the
line have reached the high point of 68 per cent''
and that the further examination of the account°
proves the existence of great mismanagement on the
part of the late directors. The present directors,
however, hope to surmount the difficulties of their
position, and thus refer to the suspension of the
preference dividends :—" The general result of this
mode of dealing with the accounts will be that, in"
stead of straining charges to capital so as to declare
a dividend on preference stocks, or paying a parthil
dividend on certain of those stocks by measures 01
doubtful expediency, the whole net earnings of the
half year, beyond the debenture interest and
nI
small balance of £6,805 carried forward, 1",
have been applied in clearing off old arrears and
in inaugurating a sound system. The direct for
rs
believe that this course is much more
the permanent interest of all classes, including the
preference shareholders, than any attempt to bolster
up the concern by paying doubtful dividends with
borrowed money. It will be observed that the pre
ference dividends are payable on the net earn"
of the whole year, and as the second half-year i°
always much more productive than the first, the
gross receipts being at least £lOO,OOO more, Whir
the disproportion of expenses is not equally gre
especially as a large mass of arrears will now 11310
been disposed of, a considerable surplus of incera„
over expenditure may reasonably be anticipated e'
the 31st of December next. Under the circuni;
stances above described, the directors think it bets
to postpone to the end of the year al? questions re
specting the payment of preference dividends,
they hope that many of the points which would ned
arise as to the priorities of different classes and
their claims to cumulative dividends may be sell;
by the possession of adequate means from url_„t
peachable net revenue to provide for a great 13:130
of them. The company is now approaching or
point when it will start clear without debts
hie
liabilities, and with its whole net earnings avail 3,
for paying interest and dividends. The amour" 1,
these dividends will then depend entirely entoo
The amount of traffic ; 2. The amount of real u
co,
d
fide working expenditure. As to the first the
ir
d thef
tors feel great confidence, and as to the seam aro
can only say that their most earnest endealrethe
will be directed towards the attempt to close
f, the
ea.pit,tl account and, if possible, to bring clew— eg-
working expenditure to a rate not materially
oot
ceeding 50 per cent. of the receipts. They clorda..
disguise from themselves that this will be an D'ortej
ous task ; nevertheless they hope that, if sup?
by the proprietors, they may be able to acc°ll/,401-
it, and that with the amalgamation with the tne
Stra''"
Eastern Company ratified by Parliament, go afar
will be rapidly developed, and expenditure suraeot
reduced as not only to insure the punctual PY,ect
of all preference dividends, but afford a fair prooP...roca
to the ordinary shareholders of seeing their t
once more a valuable property."

ROYAL HORTICULTURAL SOCIETY.__Th° gtC1:0;
of. the Royal Horticultural Society at South I';161 5`7t311
will Lo open free to the public on Monday net,
is
of August, by command of her Majesty the Queenb',oo
commemoration of the birthday of the late Frin-ce —the
sort. The cascades and fountains will play during
and
day, and military bands will perform both morning
afternoon. the

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The Discount Market has again closed for the
'week with a very unfavourable appearance, for
nothing could be so disadvantageous and indicative
of prostration and want of confidence than the low
rates of discount now current, the limited financial
requirements of the community, and the accumula-
tion of gold here and in Paris. When money is
idle and unproductive it is a bad sign. Writers upon
this subject are mostly wrong upon their reasoning.
forgetting that excessive trading with all parts of
the world, and reckless gambling at home, are the
only cause of the prevailing lethargy and depres-
slon• No direct financial movement will produce a
change. All that is required is an improvement in
mercantile advices from all parts of the globe to
animate our mills and warehouses, and thus by the
renewal of enterprise to carry the minimum rate of
discount to a point indicative of prosperity.
The movements of the precious metals during the
Past week have been on a rather limited scale, both
as regards the imports and the exports. The former
have been to the extent of £184,160, including
£B,OOO from New York by the Cimbria, £15,500
by the City of Baltimore, and £47,000 by the
Laurent; the China has also brought £2,804, and
the Baltic £2,060. The Velacidade, from New
Zealand, has arrived with £26,550; the Donati,
from the Brazils and River Plate, with £52,746 ;
the Peru, from Alexandria, with £6,500 ; and about
£23,000 in silver has been received from the Con-
tinent. The exports have been £1,855 to Bombay
by the Ceylon, £5,200 to the West Indies by the
Douro ; and there have been remittances to the
Continent through private sources estimated at
£56,302, the whole amounting to £63,357.
We extract the following from the Mining Jour-
"1:—" There is very little change to report upon
in the Mining Share Market ; business is remark-
ably quiet, and prices dull. The standard for copper
Ze, we are glad to say, has risen £2 10s., and the
Devon Great Consols sale shows a good rise in cop-
per. At the July sale 1,731 tons realised £7,577
68. ; and, according to the produce, the price paid
was £67 per ton for the copper in the ore. The
Present sale (1,714 tons) has brought £B,lOO ; and,
as it produces 111 tons of copper, it is equal to £73
Per ton, or a rise of £6.
The silver market continues very dull, and quo-
tations generally are about nominal, large remit-
tances being daily expected from Vera Cruz.
There were no gold operations at the Bank of
England yesterday.

The Committee of the Stock Exchange have ap-
Pointed Tuesday, 27th instant, a special settling
4a3r in the shares of the Anglo-Italian Mining
Company.
A. report by the gg committee of consultation,,,
connected with the Great Western Railway Com-
Pany, has been published. It is of a highly im-
Portant character. It appears from this document
tto hat the floating debt of the company, which amounted
1,300 000 on the 31st July, 1866, had been re-
licecl on the 29th of May last by the sum of
due4,ooo, and has since then been further re-
ed to £341,550, at which it now stands ;
.Vhile the debentures have been regularly provided
eras
they have become due. The committee con-
gratulate the proprietors on the material improve-
lent in the financial position of the company which
Urge uPon the shareholders the advisability of
"ecePting their dividends for the past half
year it, preference or debenture stock, believ-
ing that the effect of this operation in the
I),„recedieg half year was to place the credit of the
,111aY in a greatly improved position. The
'coa.mittee then examined in detail the present
p.omtion of the company. Of the rent charges they
°bserve that though formidable in amount the in-
creaset which will fall upon future revenue is
tof an alarming character. The total sum
requiredC to complete the company's Parliamen-
arY liabilities for new lines is £550,000, the expen-
lture of which they recommend should be spread
over period of years ; £214,000 will be required
:itiun the next three years. The audit of the ac-
:11441 is pronounced to be efficient. The com-
mittee make several suggestions for developing
,th.e train, on
the line, and state that the increase
good
has been satisfactory, particularly in the
and mineral department ; but they strongly
n
_ Ise the cultivation of friendly relations with
wer companies respecting the through
tLpug and interchange of traffic. The perma-
bt Way and rolling stock are asserted to be in
it;":1 condition, the repairs having been kept up
b a satisfactory manner. The committee conclude
ar3r. e.xPressing a strong conviction that better days
oil la store for the Great Western Company. In
er el') however, to allow time for the gradual in-
thea; 8e of revenue, they consider it as above all
„ rt°ga necessary that the company should have
est," and they are therefore gratified that the
r_pective engagements are moderate in amount,
an that the future liabilities have been brought
ltlua a narrow compass.

Two O'CLOCK.
.4 According to Reuter's telegram from Paris to-
maY, the French Rentes were 69f. 77c. Firm.
All the Stock Exchange markets have closed
with a favourable appearance. At the last moment
there was rather less buoyancy, but the tone of
4trairs continued satisfactory. Consols are now
94 4 for money, and 94f 1 for the account.
The New Threes are 94f j. ; Reduced Annuities,
Ci- ; India 5 per Cents., 113} ; Enfaced 5 per
seats., ; and do.:Bonde under £l,OOO, 70s.
"'le. prem.
Il'°reigll Stocks have to-day been very steady.
reek have advanced 1, to 131 ; Spanish Passive,
but to 20! 21; Turkish 5 per Cents., 1-16, to 31k ;
teitalian have declined 1, to 484 49 ; Mexican
lain at 14i and Spanish Certificates, at 164.
tia.4 the Railway Share Market business has re-
-4'l,llled very inactive, but in several instances are
`4a(le firmer
The p •
°reign and Colonial Lines are flat. East
Peo,!/,,11 have declined to 109 k and Great Indian
tn_llla 1091.
dace,'tlK shares remain without change of import-
coti Alliance shares receded to 12f, London and
(104.11,Y have improved to 56, and Union of Lon-
At-17414in heavy at 39 391.
turdrultie reand Great Western Railway Deben-
al •
tlatt•A mon steady, at 23 25 ; and the Consoli-
t4 DI steady,
Bonds at 20k 211.
7
to 7Aelerican Securities Illinois have declined 1,
eaq Unit' but Erie shares continued at 44i 45 ;
Alized States 5-20 Bonds at 73i f •
4tivecellanewle and Finance Shares continue in-
r
ein at about previous rates ; Anglo-American
,
Omni"Po are marked 161 17 ; London General
bil
'4114t, Company 2 9-16th 2 11-16th ;
ail(' Oriental St'eam, 49 ; and Trust and Loan
ulTer Canada, 4i.