The Sun.
London, England, 1866-10-17 00:00:00

The bullion operations at the Bank of England
yesterday afternoon were not of public interest.
A supplementary contract has just been executed
between the Secretary of State for India and the
Madras Irrigation Canal Company, by which the
former has agreed to lend to the latter funds as they
may be required up to a total of £600,000 for the
purpose of completing a section of the undertaking,
and the works are now to be prosecuted with the
utmost vigour. The principal of the lean in ques-
tion is to be secured by debentures payable in five
years from the date of each advance, but the interest
is to remain a charge upon, and to be paid out of,
profits when realised from the works. The new
contract thus completed distinctly and positively
provides that the guarantee upon the present shares
of the company, representing £1,000,000, shall re-
main in force, and be in no way whatever affected
or prejudiced either by the loan or the interest, or
by the debentures to be given by the company ; and,
therefore, it not only confirms the guarantee, but
places its stability beyond doubt and question.
The following, with regard to the Malta and
Alexandria Telegraph line, is of importance to the
commercial community :
The lessees of the Malta and Alexandria Telegraph line
beg leave to announce that the cable which ceased working
last week has been repaired, and is again open for tele-
graphic correspondence with Egypt, India, and other coun-
tries in the East. To insure the transmission of telegrams
by the direct route, and thus avoid the delays which take
Place on the Turkish lines, it is necessary for the public
to add the words, "via Malta," to the address of their cor-
respondents, otherwise messages for Egypt and India will
be forwarded by the Continental telegraph authorities via
Constantinople.
_ A small loan for the State of Massachusetts has
been announced by Messrs. Baring Brothers and Co.
The amount required is £413,300 in Bonds of £lOO
each, bearing interest from Nov. 1, 1866, at the
rate of 5 per cent. per annum, payable by half-
Yearly dividend warrants on May 1 and Nov. 1 of
each Year. The principal is redeemable on May 1,
1894,
and
both principal and interest are domi-
_ciliated at the counting-house of Messrs. Baring
Brothers and Co., and are also payable free of
charge at the current rate of exchange in Am-
sterdam at the office of Messrs. Hope and Co.
.1:1118 amount of £413 ,
300 constitutes the remainder
Zued to the present time of the loan called the
the State of Massachusetts of 1864 and 1865 10 mil-
£29s of dollars, except a sum of $1,420,000, or about
,pL3,300 still reserved by the State authorities.
The State of Massachusetts applies from resources
its possession an accumulating sinking fund of 3
Per c
fent• per annum on the amount of the Bounty
und , ti for the extinction of the $10,000,000 loan on
ga
tinned' 1894• The payments for the above men-
bonds are to be made as follows : —l5 per
p on Nov. 1, 1866, 15 per cent. on January 8,
A e'' 5) and March 12, 1867 ; and 17 per cent. on
`'Prill6 : total 77 per cent. Subscribers may pay
rat
uPtha remaining instalments under discount at the
of 5 per cent. per annum.

Accor Two O'CLOCK.
, ding to Reuter's telegram from Paris, to-
French Rentes were 68f. 80c.
The English Stock Market continues firm, but
there is no variation of importance to report in the
value of the Funds. Consols remain at 891 1 for
money, and 891 1 for Threes and Reducedthe account. The New
'lee Annuities are 87 1 ; Exche-
!osr Bills, par to 3s. prem. ; India 5 per Cents.,
ii- ; ditto 4 per Cents., 93 ; and ditto Enfaced
u Per Cents, 1011.
The . alterations in the prices of Foreign Stocks
have been unimportant. Turkish 5 per Cents. are
passive29lll ; Mexican,: 151 1; Greek, 131 I ; Spanish
1, ,24 i ;
'ant 54+ 55. the Certificates,l3/ _4'; and Ita-
'United States 5-20 Bonds are 681 1; Erie
shares, 9 5O; and Illinois, 781 79.
Atlantic and Great Western Debentures are
Bonds
at 62 64, and the Consolidated Mortgage
oc)cds Continue in demand, and have advanced 1 to
vi 44 ex coupon.
_ .A. fair amount of business has been transacted in
.8_ rajah Railvvay Shares, but generally at further re-
,tliced rates. Great Eastern have receded 1; Great
lv ester'', Lancashire and Yorkshire, London,
~tj,hatha
:Chatham, and Dover, North Western, Manchester,
.4neciffield, and
Lincoln, North Eastern (Berwick),
aa,. Scuth Eastern, each 1 ; while Great Northern
_.,anced I.
ti_The Foreign and Colonial lines show little varia-
:ll. Great Luxembourg have declined to 121 I ;
•e,ast Indian, to 102 a.
County Ban dean,
mares remain very quiet. .London and
to__ flat at 611 62 ; London and Westmin-
'yr, at 92+ ;
Union of London, at 431 ; and Bank
of Australia, 63.
The dealings in Finance and Miscellaneous shares
have only been to a moderate extent, without any
Feat change as regards values, with the exception
e°,l. Atlantic
au n,
,sed to 931 •Tel
Telegraph 8 per Cents., which have de-
Credit Fonder of England are steady
„' di I
; International Financial at 31 1 ; and Na-
onal Discount Company are firm at 14 ; Anglo-
Abnierican Telegraph are marked 151 I ; Hudson's
83' Company, 17 ; and South Australian Tend, 33.

MINING MARKET.
WEDNESDAY, Two o'Clock.
fie 11l the Mining Market to-day the principal de-
-644 has been for North Treskeby, at 34 4 ; West
tics-vtal,43 at 15; East Caradon, at 51 6 ; East
the
Lovell at 10i ; and Seton, at, 155. Annexed are
latest quotations :..._.
Oho4lll Caniborne, 20s 25s Od ; Chiverton Moor, 41 5;
al lies Gold, 2/ 3 ; Clifford Amalgamated, 8 9 ; East
E8488A.21 22 ; East Caradon, 5j 6; East Lovell, 14 ni ;
`s 48,
Grenville, 2 2f ; Frontino and Bolivia Gold,
11 '8; Great Laxey, 18 19 ; Great Wheal Vor, 18 19 ;
324,ke 'Valley, q i ; North Crufty, 1 It; North Treskeby,
is:, Prince of Wales, 28s 30s ; South Condurrovr, 10s
fee; South Darren, 11 2 ; South Grenville, 5s 7s 6d ;
tr,,t Cad Darren,
15 16 ; West Chiverton, 58 60; West
28-:,i 135 140 ; Wheal Buller, 24 26; Wheal Grenville,
""°8; Wheal Seton, 155 160.

ti BRITISH PIINDS—CLOSING PRICES
oraxonirEWT icurrns.
w bei,r_ Cent. Consols
8989 i I
3 . Accomit, Nov. 8
NNl:er cent. Reduced
ew 3 Per Cent
../,' 2i Per Cent. :Ta..n. 1.894 t —
4k h. 5 Per Cent. Jan. 1873
tallie, 30 yrs, expire sth Jan. 1880
13 • for 3 yrs, expire sth Aug.,
Ex ° (ed Sea Telegrah), Aug., 1908 —
p 3
pm
elleeiner 33' 1& 4 r Cent. par
bo• il s, .£l,OOO, 3 Pe
par 3 pin
D Do £5OO ... .. . . .......... p
Qa,t.
o;
£lOO and .£200
jc,'• England Stock, 61. per Cent 2
l'q•eeeunt
ladiaZl,oo Govzi.ormENT SEcui.ITT _
I)di S,OO , Leek, 101 per Cent., Aprill6.
___.
0. €6,c °not
.......................
1051
Do
A Per Cent. July, 1870
93
)30* ' Per Cent., Oct. 1888
D°'• Certificates
83- 1
I)°' Ilfe•ced Paper 4 per Cent
1011
Do. . per Cent., Jan. 1872
Do1)0 5i Per Cent., May 1879
. beb., 5 per Cent, Au
_
Do' u• bnds,4 per Cent £l,O g.
00 1873
under
.£l,OOO, _ Pm
ArzA JORRIGN FUNDS—CLOSING PRIOIF.S.
414;,.:"""Ile Republic, 6 per Cent., £l5 Pd.' p a
lir 'van Ponds, 6 per Cont, 1859
tzolliae 5 per Cent
• per Cent., 1852-58-60
1863
hDo A1:1°- 1863
I)o..ccount
_OO t
'se. tl.OO Bonds..,
. , ...............
—die
icrip, .£65 paid