The Sun.
London, England, 1859-04-28 00:00:00

TO THE EDITOR OF THE TIMES.

Sir,—On the 19th of January you did me the honour to
insert a letter on the " Policy of France in Italy," by which
I endeavoured to awaken public attention to a series of facts
and inferences which too many persons in this country
have" continued, till yesterday, to view with incredulity or
indifference. I pointed out the first overt signs of the
approach of the most formidable crisis which Europe has
encountered since the great convulsion of 1848." I showed
what were the conspiracies that threatened the liberties and
independence of Europe. I indicated the policy and con-
duct of the Emperor of the French, " slowly advancing
towards the objects which he had in view from the begin-
ning." I hinted that the position of Russia and her rela-
tions to France and Sardinia since the Congress of 1&56
"tended to encourage rather than to dissuade from war;"
and I concluded that "designs did then undoubtedly exist
which might prove fatal to the peace of Europe." The
catastrophe I foresaw has now arrived. I trust it has not
arrived to find us unprepared for it; for it- may be confi-
dently asserted by those who have watched the course of
events without illusions and without disguise, from the Ist
of January to the present hour, that the progress of this
scheme has been as steady and unceasing as the movement
of the handi on the dial of St. Paul's, and that the blow
which is now in the act of falling on Europe has been for
many months as certain as the stroke of the hammer which
tolls the hour of noon.

, Yet, in spite of these palpable signs of the times, many
persons have been misled, down tothe very latest moment,
by hopes of peace which never could be realised, and by
confidence in the very men who were secretly leagued for
the worst purposes. To judge by the language of Mr.
Disraeli on the -last night of the session, and by the de-
meanour of Lord Malmesbury. on all occasions, her Majesty's
Ministers have been living in a fool's Paradise, while the
very globe was shaking round them ; and in their attempt
to dissemble the magnitude of the perils which they must
have known to exist, they have incurred the imputation of
ignorance or credulity. There was, however, a reason, and
an important reason, which compelled them to refrain from
stating to Parliament the real.extent of the danger, and the
true ground of the apprehensions they could not but enter-
tain. To make this complicated case of duplicity, fraud,
and aggression perfectly plain, it is necessary to lay bare
the whole conduct of that Power with which it mainly
originated. But France still masked her proceedings be-
hind the military preparations of Sardinia and the diplo-
matic-ingenuity of-Russia, while she maintained, and still
maintains, amicable relations with this country. Anxious
to preserve those relations—desirous to preserve our neu-
tral position, the Ministers of the Crown have been re-
duced to silence on several of the most important incidents
which have arisen in the course of these transactions ; but
it is a matter of regret that, while the Prime Minis-
ter, at the Mansion-hduse, applied the word " criminal "
to what ho conceived to be the precipitation of one of the
belligerents, he should have confined himself to a much
less direct form of animadversion on the policy of the
other.

Allow me, Sir, at the present crisis to endeavour to re-
move some of the misapprehensions which exist on these
important subjects, and to' show by a few facts and dates
that the right and the wrong in this matter are not quite so
plain as they are thought to be.
When the Eraperor Napoleon made his celebrated apos-
trophe to M. de Hubner on the Ist of January he acted on
his own impulse, and without the previous knowledge of
the Court of Turin ; for, although France had been urging
Sardinia ever since the termination of the Crimean war to
prepare for hostilities against Austria, and the alliance,
both political and matrimonial, hactbeen fully agreed upon
in the course of last year, M. de Cavour was not prepared
to unmask his batteries so soon. The deed, however, was
done ; and the immediate effect of that speech was to bring
down an immense Austrian army into Italy. The Court of
Vienna has never entertained the slightest doubt of the
ultimate designs of its adversaries ; but, although its own
military preparations were far more complete than those of
France and Sardinia, and every week was as much a gain to
them as it was a loss to Austria, she suspended her ope-
rations out of deference to the Germanic Confedera-
tion, the uncertain attitude of Russia, and the efforts of the
neutral Powers. Those of England, more especially, were
eagerly directed to the maintenance of peace, and to the
introduction of a state of things more favourable to the
tranquillity and contentment of the Italian States. Through-
out the month of February the Emperor of the French,
anxious to obtain as far as possible the moral support of
this country, and to divert our attention from his real de-
signs, professed in his communications with British Mini-
sters his anxiety to obtain by pacific means those modifica-
tions in the Italian treaties and in the state of Italy which
Austria might reasonably and justly haye conceded; and
he denied m the most peremptory and specific manner to
the British Ambassador that France was at that time mak-
ing any armaments beyond those which were required to
replace the stores of war exhausted by the Crimean cam-
paign. Relying on these assurances, which had repeatedly
been given him by the Emperor in the most direct and
uneqvivocal form,_ Lord Cowley consented to be the bearer
to the Austrian Government of certain propositions with
reference to Italy, which might, it was hoped, prove the
basis of a lasting peace. The propositions emanated from,
or were fully accepted by, the Emperor of the French
in person, for on no lower authority would Lord Cowley
have undertaken 'such a mission. Having spent a few
days in London, Lord Cowley proceeded to Vienna, where
he delivered his credentials on the 28th of February.
He was received with marked distinction by the Imperial
Court; the propositions of which he was the bearer were
met in the most conciliatory spirit ; and when he left
Vienna on the 10th of March, he took with him the assent
of the Austrian Cabinet to all the arrangements which had
been thus suggested. Had the intention of the Emperor
of the French been the plain and honest fulfilment of these
conditions, which had originated with himself, nothing is
more certain than that the mere acceptance of the Austrian
acquiescence would have ended the controversy ; for, as
Lord Derby has expressly declared in Parliament and else-
where, the British Ambassador brought back with him all
the materials for settling the question. But this was not
the course of events anticipated and pre-arranged at Paris.
The object of Louis Napoleon in putting forward these con-
ditions was the belief that, while they were endorsed by
England, they would be rejected by Austria ; and, conse•
quently, that he should not only have a casus belli against
that Power, but that he should have entangled this
country in the demands he purposed to make
the pretext for war in Italy. The whole scheme
was defeated by the
..moderation and good sense
shown by Austria at that stage of the negotia-
tion in her dealings with Lord Cowley; and it is
indisputable that if the propositions were sincere, and if
negotiation was possible, that was the time, and these were
duitto
was
the
world accurately
.on t
he
Yetfol
the means of terminating the quarrel. On the 17th of
March Lord Cowley had his audience at the Tuileries on
his return from Vienna,
co
correspondent
that
neastpdtohtnhe the
re impressionnest
con-
veyedlforowmintghbdaYtayYgaveur instantPa hopesriswe hear no more of Lord. C satisfactory.o we' s me ia -
ot if a
o n ,
Congressbut , o n
washe found
to
have
withinbeeanfesNuvbhsotilirtu for
hours
the
scheme
some diplomatic sleight of hand. The truth is that Russia
had been incited by France to put forward the plan of a
Congress for the express purpose et' paralysing the too suc-
cessful mission of Lord Cowley. The artifice succeeded;
for, instead of refusing to entertain any collateral proposi-
tion whatever until a categorical reply lead been given by
France to the terms which Lord Cowley had brought- back
from Vienna, Lord Malmesbury rushed so eagerly into this
pitfall that he actually drew up fresh bases of negotiation
beforeßaronßrunnow had made him the official proposal of
the Congress. Independently of other sources of informa-
tion I may refer on this point to the language of Lord
Derby him self, who declared at the Mansion-house, on Mon-
day last, that the proposal for a general Congress was unfor-
tunately made by Russia and accepted by France before the
return of Lord Cowley from Vienna, under a misconception
of the true result of that mission. If any such misconcep-
tion did exist, who was to blame for it ? And what induced
the other Powers to accept a proposal made by Russia and
accepted by France under that misconception ?
This fact alone, of the measures taken by the Emperor
of the French to defeat Lord Cowley's mediation, and to
throw overboard the proposals which had originated at
Paris, is decisive as to the good faith of France in the tran-
saction. Of Austria I shall only say that, having once
given her consent to those terms, she has remained faithful
to them throughout, and the telegram which arrives while
I am writing announces that she would even now negotiate
on that basis, which France refuses to do.
But what did Lord Cowley find on his return
to Paris ? He found that the military prepara-
tions, hitherto so stoutly denied, had made rapid and
morinons progress that tl4O AusioiculA 410armador, hitherto

APV.0,1"..-. ~,,v,1".,,5";;;4'

so reserved, began to hold language which betokened no
good to Europe; and I think I may add, that he shortly
afterwards learned from Turin, that during the whole
time of his absence on a mission of peace, suggested by
Louis Napoleon, that potentate had continued to keep up a
daily correspondence with the King of Sardinia and M. de
Cavour, promising his military assistance, and urging them
to accelerate all their preparations for war. We live at a
time when it is much the fashion to publish Imperial and
political correspondence. I trust this correspondence will
one day see the light. Until it does I can hardly expect
that the British public will credit the astonishing duplicity
of this transaction. But, sir, I must pause here, though I
may ask you at some future time to permit me to resume
this chapter of contemporary history.
I wish, however, before I conclude, to express my
deliberate conviction, based on some experience of
public affairs and some knowledge of the facts and persons
concerned in this dispute, that for many months past—per-
haps for two years—a thorough understanding has existed
between France, Russia, and Sardinia, with a view not only
to the affairs of Italy, but to a general war in Europe • and
that the time has now arrived when we shall begin to learn
the bent of their sinister purposes, whether in Italy, in the
East, or on the Rhine. They have laboured above all
things, and not quite unsuccessfully, to throw on Austria
the odium of striking the first' blow, before it could be
known whether she was actuated by imperious necessity or
by culpable passions. But if a new Treaty of Tilsit has
been concluded, with articles not less fatal to the peace and
independence of Europe, I trust that the policy of our rulers
and the public opinion of the country will take no irre-
vocable decision until the true facts of the case are fully
and distinctly ascertained.

THE NAVY.

SENEX.

Captain Parry, Lieutenants Pritchard and Camp-
bell, and the Royal Marines and Marine Artillery
for Cressy, 80, screw steamer, ordered to be fitted
for the Channel squadron, was expected to leave
head-quarters, Chatham, to-morrow.
Yesterday a detachment of 20 non-commissioned •
officers and men of the Chatham Division of Royal
Marine Light Infantry left head quarters, and
embarked at Chatham Dockyard on board the
Lizard steamer for Sheerness, for the purpose of •
joining the Minotaur.
The cutter Hamilton left Plymouth on Monday
with men for the screw steam guardship Russell,
60, Captain George Wodehouse, at Falmouth.
The despatch vessel Intrepid was placed in dock
at Devonport on Monday, and was undocked on. •
Tuesday.
The screw steamship James Watt, 91, Captain E.
Codd, was removed- 013- Monday from Keyliam
Basin to her sailing mooringi-in-Hainoaze.
Above 30 seamen pensioners, more than 50 years
of age, have been turned over at Devonport from
the screw steamship Exmouth, 90, to the Welling- r
ton, 72. All the other pensioners, with the young -
men and boys, are retained on board the Exmouth.
A draught of marines joined the Wellington on
Tuesday.
The screw gunboats Cockchafer and Weazel
were taken out of dock at Keyham on Monday and
moored in the basin.
The screw steamship Algiers, 91, Captain G. W.
D. O'Callaghan, steamed from Plymouth Sound on
Tuesday into Hamoaze, preparatory to her being
docked.

The screw steamship Encounter, 14, was removed
on Monday from the north to the south dock at
Keyham, to give place to the Algiers.
The screw steamship Busotia has been chartered
at Liverpool by the French agents to carry coals _
from South Wales to Brest. Freights have gene-
rally improved since the news has become more
warlike.

The Cunard screw steamship Melita, Captain "!
Langland, which arrived at Liverpool on Tuesday,
when off Cape St. Vincent, on the 21st, at 5 p.m.,
spoke three splendid French line-of-battle siips,
bound for the Straits of Gibraltar. They were
accompanied by a couple of steam transports.
The following notification was issued last even-
iug by the Lords of the Admiralty :
" With a view of improving the condition of the •
petty- officers, seamen, and marines of the fleet, the
Lords Commissioners of the Admiralty are pleased -
to direct that the Vfollowing alterations shall be
made in the scale of victualling of the Royal Navy,
,viz.:--The allowance of biscuit to be increased from
11b. to 141 b. per man per day, the savings price
•
being reduced from 2d. to lid. per lb. The allow-
ance of sugar to be also increased from ltoz. to 2 Os.
per man per day. Their lordships have further
been pleased to approve an extra allowance of cho-
colate and sear, to the extent of 1 oz. of each,-
article, being 'issued either in the middle or morn-
ing watches, at the discretion of the captain, to
such portion of the ship's company as may be much
exposed dming severe weather, or when, from cir-
cumstances of sickness or climate, or for other
causes, he may consider it desirable. Their. lord-
ships, being also desirous that seamen, on entering,
should, as far as practicable, be freed from the
necessity of incurring debt, are pleased to direct
that the following regulations be observed from the
date of the receipt of this circular, viz.:—
" Bedding.—All men and boys on first joining
one of her Majesty's ships shall be supplied with a
bed, blanket, and bedcover, free of charge. On re-
moval from one ship to another the men are to take
these articles with them ; and in the case of death
or desertion they are to be returned to the charge
of the paymaster.
" Clothing.—To every man on his first entering
the navy for ten years' continuous service, and to
all boys on being advanced to man's rating, a suit
of clothes, consisting of the following made up
articles, is to be furnished free of charge :

s. d
A blue cloth jacket (No. 2 cloth) . 17 8.
A pair of blue cloth trousers (ditto).:. 11 7
A blue serge frock ▪
. • 8 6
A duck frock _ 2 9
A pair of duck trousers .▪ .
• • • • 2 7
A black silk handk.erchief 2 10
A pair of shoes • • • • 6 7
Or he will be credited on the ship's books with a
sum of money equivalent thereto, at the foregoing
rates, to provide suitable description of clothing as
may be required in the climate in which he is
serving ; and in the case of a seaman being already
provided with clothes approved by his captain a
corresponding amount in money is to be placed to
his credit.
" Mess Utensils.--Arrangements are being made
to obtain mess utensils suitable for use on board her
Majesty's ships, and as soon as the articles which
it is proposed to provide shall have been duly tried
a gratuitous supply will be furnished to each ship
on being put into commission, under such regula-
tions as may be deemed expedient.
" By command of their Lordships,
" IL Cc:mint."
The following appointments were made yesterday
at the Admiralty :--

Rear-Admiral G. Rodney Mundy to hoist his flag in her
Majesty's ship Hannibal, and to be second in command in
the Mediterranean.

Captains—James J. Stopford to the Exmouth; the Hon•
C. G. J. B. Elliot, C. 8., to the Cressy.
Commanders—James M. Bruce, to command the Fire-
brand ; Bedford C T. Pim, to command the Gorgon;
Arthur Barrow, to the Exmouth.
Lieutenants—H. B. E. Grey, to the Firebrand ; Robert
Rosa, to the Gorgon.

IS BOURSE.

BOURSE, April 27.—A telegram announcing that
the Austrians passed the Ticino last night, and that
hostilities had begun this morning, added to a fall
of 11 on the English Consols, has produced a com-
plete panic in the market. Threes declined from
62f. 80e. to 61f. 60c. ; Mobilier, 550 f. to 525 f, ; Aus-
trian, 420 f. to 400 f. ; Orleans, 1,150 f. to 1,125 f. ;
Lyons, 765 f. to 730 f. ; Northern,
,840 f. to 8201. ;
Eastern, 552 f. 50e. to 540 f. There was a slight
rally towards the close, when the following
were
the last quotations :
per Cents 89 50
Do. end month B9 60
3 per Cents 62
Do. end month 62
Bank Shares 2500
Credit Mobilier
Do. Account

Credit Fonder 690
Belgian 41 . . Piedmontes© (5) 72
Roman BO
Austrian
Spanish Threes 38
Homo Debt 37
RAILWAYS.

Cash. Account.
Orleans
Northern .
832 .. 832 50
New ditto 712 50
.. 715 "
Lyons and Mediterranean
New ditto
Geneva
Southern.
.. 412 50
We5tern........... 485 -- .. 475
Eastern
Sardinian
Austrian ....... ............
Exchange on London, at sight, paper, 25f. 6c. ;
25f. sc. ; three months, paper, 24f. 97e.; money, 24f. 92P.
Th

e annual report of the Oriental Bank Cor-
poration was presented to the meeting of to-dap,
and which recommended a dividend and bonus at
the rate of 12 per cent. per annum. The chairman,
Mr. Gordon, alluded to the rapid progress made
by the Bank, and said that he hoped that it would
continue in a greater ratio now that peace wile
restored in India. It was true that disturb-
ances had now occurred in Europe, but he
had no fear of that circumstance Pre"
venting the directors from producing on the next
occasion a report equally favourable with the Pre"
sent. In alluding to Indian securities, he said the
bank could only invest its spare capital in. Govern-
ment paper, but they were quite protectedfrom the
effects of any depreciation. It had been said that
the £50,000 for insurance had not been augmented.,
The reason was, that such a sum was Considered
ample, as only bullion was insured. After some
observations as to the items of the balance-sheets
the chairman
wh
waza
aignremeoz un
1 thzaainidooputsiloy.n of the re'
p

MONEY MA

PITY NEWS.

CITY, TWEINE o'CLocu.
The Money Market continues to exhibit symp
toms of increased firmness. In expectation of an
immediate advance in the minimum to 3 per cent.,
bankers and brokers evince a disinclination to
negotiate any but short dated bills at previous
rates. Meanwhile, it is reported that some of the
joint-stock banks are calling in their loans, in
order to increase their available resources. The
impending war, the outbreak of which is hourly
expected, is no doubt exercising an important
influence upon the tendency of financial affairs, and,
if hostilities should unfortunately extend beyond
Italy, active preparations must be made in
this country which might necessitate the con-
traction of loans for the use of Government.
Business of every description is prejudiced
by the alarming position of affairs abroad, and
the violence of the panic at the Stock Exchange
and on the Paris Bourso is almost unprecedented.
Numerous failures are inevitable, as many of those
who have speculative engagements open are unable
to complete them. Seven suspensions were an-
nounced yesterday, and no less than twelve have
been declared to-day. The alarm which pervades
all departments of the house, and the confusion
which consequently prevails have led to a sacrifice
of property, scarcely equalled in any former
Period. Consols, which left off last night at
90 L have been quoted this morning as low
as 881 89, but they are now a shade firmer.
Turkish 6 per Cents. have been almost unsaleable.
At one time they were 58 to 62 for the Old and
47 to 52 for the New Bonds. Lombardo-Venetian
shares have touched 31 to 3 discount. English
shares are all very depressed.
About £30,000 in gold was withdrawn from the
Bank of England yesterday for transmission to the
continent.

To-day a call of £5 per share, or £125,000, be-
comes due on the Scinde Railway.
The Liverpool Cotton Market yesterday closed
With a very excited appearance, and prices of all
descriptions receded e per lb. Tho sales were esti-
mated at from 3,000 to 4,000 bales. In the Rail-
Way Share Market only a small amount of busi-
tess was recorded, and quotations further declined.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

Great 1859. 1858.
Western
North-lVestern £31,034
59,45128068
Bouth-W 63,178 estern
}3righton 17,025 14,364
Midland
16,382 15,609
South-Eastern 35,411 32,178
Great Northern
Lalittrisetasolilirande and-Yorkshire
591 i
947255481
22123%61897607
6,018 5,898
North... Ewe Exeter
kanchester, T 34,753 34,090
heffield, Lincoln
and
North Bsh..
No Stafford
altford, Worcester and Wolverhampton 4,424 4,101
asmburgh and Gfasgow 5,812 5,663
G_ng,9w and South-Western
~„rra a Trunk of Canada ‘4- eat 'Western of Canada 10,591 9,514
8,597 11,987
°II% Austrian and Lombardo-Venetian 56,435 29,535
The above traffic returns show an increase in most
insitanees, compared with those of the same period
ast,year ; but it must be borne in mind that the
Present returns include the receipts for the Easter
W,eelt• The increase on the Great Western is
2'966 ; on the North-Western, £3,727 ; on the
South-Western, £2,661 ; on the Brighton, £2,773 ;
(141,1,4 the Midland, £3,233; on the South-Eastern,
There-"'058 ; on the Lancashire and Yorkshire, £3,243.
The
is a decline on the Great Northern of £1,726.
~e )rand Trunk of Canada shows an increase
ei £1,077 ; but on the Great Western of ditto there
is a decrease of £3,590. •

ONE O'CLOCK.
ADVANCE
IN THE RATE OF DISCOUNT.
' Thy Bank of England Directors have raised the
`'e 'of discount 1 per cent.—viz., to 3,1,- per cent.
'')._ i°nle alteration was anticipated, but it was scarcely
nlagined that it would involve more than t per
°ent,

The Stock Markets, however, are firmer, as some
doubt is now expressed relative to the alleged
chance-between France and Russia.
At the annual meeting of the East India Rail-
way Company to-day, Mr. Crawford in the chair,
a' eport was presented stating that the revenue of
the line opened for the last six months amounted
to £B5
,972, 4
2, being an increase of £5,073 over the
preceding half year. The late murder of two of
the most valuable of the company's servants led the
directors to hope that the Indian Government
the mould grant "a military escort for the protection of
work people on the line. The report was
adopted.
Nineteen failures have been announced on the
Stock Exchange to-day. _

To oCLoolc.
The markets for Stocks and Shawr es are still ex-
of Idingl sensitive and variable. Sudden changes
y
orei to 1 per cent. are reported in the Funds.
rm
8 Stocks and Railway Shares fluctuate in
proportion. An occasional improvement is re-
Pcirted, but hitherto these alterations have been
Inerely temporary. At the present moment (two
Ghee o'cloc the complexion of the market is more
rik) ng, in 'consequence of a rise of about
1 per cent. in the Rentes, viz., to 62f. 50c., and
are now
Consols, -wh
comich, at one time, were as low as 881,
and comparatively steady at 89 to 89k. Having
sy just occurred, this reaction has not yet pro-
duced its full effect upon the other markets. Bank
Stock has declined to 218 to 220 ; the New Threes
to 87i ; the Reduced to 881
89 ; the New 21 per
Cents. to 77, and Exchequer Bills
to 265. 20s. and
lelos. premium. India Loan Debentures have receded
per cent., viz., to 92.
The New India Loan Scrip
, at a discount of 4 to 5 per
cent., it being marked
°O to 91.
In the Foreign Stock Market the transactions
are conducted on a very limited scale, and prices
e_nntinue variable. Turkish 6 per Cents. are 07 to
ditto New, 47 to 52; Brazilian 41 per Cents.
have receded 3 per cent., viz., to 90 ; Buenos
Ayres 6 per Cents., 4 per cent., to 75; Dutch 21
per Cents., 4 per cent., to 56 and 58 ; ditto 4 per
Cents., 10 per cent., to 86 ; and Sardinian to 65
and 68. Spanish Deferred is steady at 26 to 29.
The Railway Share Market has exhibited in-
creased depression, and in some instances a further
decline of about 5 per cent. has taken place. East
Lanca.shire and Great Western, have declined £1 •,
North Eastern, North Eastern (York), an S
Eastern, £2 ; Eastern Counties, North Wested rn outh,
and
Midland, £3; South Western, £4; and Cale-
donians, D.

In the Foreign Market the dealings have been
confined to Lombardo-Venetian Shares. The Old
being quoted at 52, and the New at 5 and 3-Z. The
latest 1
quotations
for the,New however, were 51 51 for the Old,
and 4 5 .
The Colonial lines are dull, East Indian having
receded to 90 and 91. _ _

Joint-Stock Bank and Miscellaneous shares are
almost neglected. Ottoman Bank have receded to
15}, and London General Omnibus Company are at
lt it.

QUARTER TO THREE O'CLOCK.

In the market for foreign and colonial
Produce a similar degree of excitement exists
t() that experienced at the Stock Ex-
Change. In certain articles business is almost
suspended. Much difficulty, for example, is expe-
rienced in the purchase of saltpetre, the holders
refusing to effect sales. Transactions are reported
'll floating cargoes at an advance of ls. per cwt.
Tallow is also at advanced rates.
o, The rally in the English Funds, reported at two
41,°e1c, has not been maintained—Consols being
89. Frequent variations are experienced.

PRITISII FUNDS THIS DAY AT ONE O'CLOCK.
lick Stock
8829818
871117991 89
20
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
,11614' 3 per Cent. Annuities
India "&'tock
'IOW 21 per Cent. Annuities
77
Ditto Debentures Ditto Loan Scrip
90 1
88a i 9/ 90 881
t..'onsols for Account (May 5)
June.
March.
Exchequer Rills, £l,OOO, 2d. & 11d 26 20 10
Ditto Ditto £.500 .. " 15
. .
Small, lid.
brazilian 5 per Cent. .. . ............ -
Ditto 18.58, 4 per Cent. ............... 90
I3uenos Ayres, 6 per Cent •
. 75 ,
Sardinian., 5 per Cent. •............. 68 -3
Spanish 3 per Cent. ........ : ............. -
,_ Ditto New Deferred, i per Cent. ... 26 7
xurkish 6 per Cent. .
......... 57 61 591
Ditto Account ................ 59 60 .......
Ditto New Loan ...........
47 52
Ditto Account
50 2
Dividends on the above payable in London.
Detch Exchange 12 Guil. 21 per Cent 56 8
86
Ditto Certificates, 4 per Cent.
Consols, Money TWO O'CLOCK.BBI 89 Consols for Account Nay 5) „ „ 881 89