The Sun.
London, England, 1859-10-27 00:00:00

GOVERNMENT GUeIBAN TEES.

The recent remarks of the Chancellor of the Ex-
chequer at the Great Eastern banquet, on the sub-
ject of Government guarantees to public undertak-
ings have awakened attention. Mr. Gladstone
pointed out that the unsatisfactory returns of rail-
way investments have tended to produce a novel
and, as he believes, mischievous tendency in the
public mind to abandon the principle of self-reliance
and to make an assault upon the national purse
whenever any fresh project is deemed desirable, and
as guardian of that purse, to say nothing of the
moral considerations involved, he claimed the sym-
pathy of his hearers for the task he has continually
to perform of resisting such importunities. To this
he is undoubtedly entitled, and he may also demand

the thanks of all persons of vigour and judgment
not only for the firmness of his course, but for
having alluded to the evil. There is one part of
the philosophy of the matter, however, which has
never yet been sufficiently recognised. The refusal of
the public to place confidence in the promises or
management of private directors is perfectly proper
and natural. It is simply a result of hard experi-
ence, and one at which—seeing that there is always
a hunger for good investments—they have arrived
with the greatest reluctance. We have for some
time been at that pass at which all public under-
takings of magnitude must be declined unless. Go-
vernment security can be obtained. The lesson is
painful, but as wholesome as it is painful ; and,
instead of putting an end to it by granting the re-
quired aid, it is the business of the Government to
let it work a cure. That cure will consist in the
whole herd of modern company-mongers being
thrown out of occupation, while individual capital-

ists endeavour to effect single-handed, or by means
of the untrammelled superintendence of some ono
whom, from long personal knowledge, they can
thoroughly trust, such public improvements as may
be within their power. Nothing could be more un-
palatable to the parties whose trade is thus liable
to be spoiled ; and the cry for Government guaran-
tees was chiefly raised by them in order that they
might still lead the public, by getting from facile
Ministers something that should excite the confi-
dence which they could no longer win in any other
way. The clamour, in fact, was simply to keep
such things practically in their old channels ; and
the history of several recent companies—home and
foreign—shows the extent to which it has succeeded.
Let any further compliance be sternly refused ;
let the public be told that if they want invest-
ments they must find men they can trust, or keep
their money idle, and the requisite individuals
will be found, just as in all other exigencies
of life the right characters rise up when events
have reached the stage at which they are a neces-
sity. Those who have shown the greatest talent,
combined with that capacity for faithful labour
which springs from the steady consciousness of
duty, will then sometimes come into the place of
those who are distinguished only by a grasping
self-assertion, a fluent knack at all the platitudes of
public meetings, and an unlimited faculty of mak-
ing promises for the future, and of justifying or
disowning the past. This is the good to public
morality that Mr. Gladstone, and such as think
with him, may help to achieve. The change will
be slow, but it is worth the patience of years, how-
ever mortifying it may be meanwhile to contem-
plate the great things that might be done, but that
must be deferred, for lack of co-operative faith, to
another epoch. Yet, as all rules have exceptions,
there is a conclusion to be guarded against in the
sweeping deductions to which we are thus led.
Although the principle of Government guarantees
is wholly unsound, and radically in contradiction
to the habits that have made England what she is,
the nation must not use this plea in order to throw
upon individuals the risk of purely national under-
takings. There has for years been a reprehensible
tendency in this direction on the part of leading
statesmen. Go to them on some question involving
*imply the consideration whether the Government
will honestly pay a certain sum or undertake a cer-
tainliability for a purely national want, and they
will meet you with a threadbare lecture on the
desirableness of individuals being induced to supply
it by private enterprise ; just as if the proprietor
of certain lands you might propose to drain
should meet you with a pompous reproof for
outraging the principles of political economy by
asking him for a pecuniary contribution. In the
same spirit, whenever any totally improvident
financial outlay, which may have . been use-
ful to the people and ruinous to the subscribers, 10
celebrated by a demonstration, some members of
the Government are always found to laud the
schemers who have instigated the folly for the
" patriotic" marvels they have achieved. The cor-
rupting consequence is that the community are
taught to regard as eminent benefactors those who
have enabled them to gain .a great advantage by
the imp o verishment of individuals. This desire of the
Government to get benefits at the cost of families
requires to be controlled quite as much as the opPe-
site desire on the part of promoters before a healthy
can be assumed. If the Government think
a speedy communication with India, either by tele-
graph or railway, via Suez, the Euphrates, the
Cape, or any other route, .on the ground that it
might add to the security of our empire or save a
million or two per annum of political expenditure,
or if they deem an instantaneous correspondence
with the United States or any other country to be,
of sufficient political importance, apart from all
commercial considerations, with which they have
nothing whatever to do, to warrant a certain peel?"
niary risk on the part of the two nations, it is that
business to say so, and fairly to volunteer the par
ment. On the other hand, if they feel called to a:
press any opinion as to the propriety of individual
being drawn into such hazards they should, insteact,
of trying to assist delusions, condemn by every pot
sible opportunity all premature steps, and preach
the mercantile doctrine that the true patriot is 0.:
one who throws great enterprises back by egot!stl,
tally outstriding the demand of the hour and bring..
ing them into financial disrepute, but who oil_
tinually makes a steady onward move whenever
confidence has been justified by previous success.
Times.

-THE SUN, LOND(
.....
_____,........_
.31031*Ey SHARE MARKET.-(THIS DAY.) BRITISH POSSESSIONS.
4.
........_,-.....-
ORDINARY SHARES AND STOCKS. Share Railways. Business
Paid.
CITY, Two O'CLOCK. - i Closing business
100 Atlantic Leas Cplrolien.g I
Done.
A further ilarilivia:;:rldANDeiTYto £17951;500. , 4 Shares . Railways. Paid. Price.l all 83 84
go , amounting _
was announced from Australia, yesterday, by the I all 04 95 911
I
Maid of Ju.dah, but these remittances are purchased 12.1 C Imbe,aa. Notting. Bost. t gu. 5 percent
18 f Bo ! rt. ,Be Ir&oactSit&l 'lilivictre.enlnnt;
18 Do. Addit. Cr pital A 6 14 Id,
and‘ Eastern' Junctioa 10 6 61
as soon as they are delivered for transmission to the ,so aelfaat and Ballymena.. all - - 18 Do. Do. 11 9 li 11 t_
201 Buffalo and Lake Huron all 5 51.1
Continent, as the exportation continues active. It i
513.14 3ir., Wed., Pnd Str.Val. all 8 84
Stoll dir., La., and Ch. June. 100 77 78 201 Do. New all - -
is generally believed that the Royal Charter, 2255 ;!lackburn
.lyth and Tyne all - - 100 i Buifalo,Brant&Godrich 1 100 _
alvuhainchtithyas been unfortunately wrecked, has a large to Gost.Slen& Mid. Coon all 6 8 _ (6 p. et. bds. 1 Aug., 1872 )
Stook aristoi and Exeter ... 100 99 100 991- 100 100 Do. do. 1 July, 1873 100 - -
In
of
• 100 92 921 91i / } 190 Do. do. 1 June, 1874 - -
gold on beard, but some time will stool ~;aleaorilan
50 Cork and Bandon all • - 5 Clcutta.&S.Eastrn.Lina 1. 30. 1 d par .
elapse before it can be recovered. 20 Cape,Eastn. Prov.(Lima • 2s. - -
20 Cork, 131krock,&Passaca all - -
411 the meantime fresh consignments from
Victoria 20 Cornwall
Do. A•
' all 6 61 61 i 20 Cape Town & Dock Seri)" 2s. 11 Id
20 Central Oude (Limited) 2s. 6d. - -
10 A raves. no div. all - 20 Ceylon Guaranteed 6p.c.' 74 11 1 d 64
are anticipated, as several vessels until6p.c.peraia.
io Do. B t all - - 174 Demerara - -
must now be far advanced on their passage to this hasbeen pd toB 20 Eastern Bene-al.gasp.c 5 11 1 d
50 Dublin andßelf as-t.T.unc: all -
country, The receipts from Australia and America .25 Oun.,Perth,&Abr.Junc all 74 8
100 14 15 S lock East Indian, sp. c lOO 101 101 i 101} 100 l I
20 Do. la Shares Ext 5 Vi 4 P
are suffie atoca East Anglian
ient to meet the demands for the Continent, Stock Eastern Counties lOO 551 664 551 20 Do. Jubbulpore 5 id ail p
38 100 D0.45p.c. Bds. pay. 59 all -
I and the consequence is that the bullion operations Stock
Stock
Eastern Union A Stock 100 36
Do. do. B Stock 100 25 27 100 26. 41 p. c. Debcntrs. a't 99 100
at the Bank of England are comparatively unim- 25 Do.Nw.A.(lte.E.U3ds) 84 - 20 Geelong& Mel.gua.sp. c. all 19 20
0100 - -- sto. c Geelong Corporation E 1 100 _
POrtana. Stock East Lancashire
20 East Suffolk - - ( per cent. Bonds
There is an active demand for money at full rates, stloOck Do - - Stock( Grand Trunk of Canada 100 381 391 „a.
Edinboro and Gla,sgovi 100 78 80 100 Do. 6 per cent. Pref . 100 92 94 ad 2
and 27 271 100 Do. 6 percent. Debentr. all 73 75
of moderateV 1 applications are reported at the Bank Stock Edin.,Pe"rth, & Dundee. 100 100 Do. 7 per cent. 1862 .... all 82 84 =
England.
In the Liverpool Cotton Market yesterday busi- slO Forth & Clyde Junction all - -
Stock Furness
Stock Glasgow & South Westn lOO - -
100 97 99 100 Do. do. 1867 .... all 72 74
2020 r
(Dlto..sdoof
ina.u..
Stock GalndiaPertin.gua.sp.c. 100 97 98 974 11
20 Do. New, gua.s per cent. b I 4 d
10 Great North of Scotland all - -
tess ,i„ 100 1025 1031
-Scrip ls. 11 11d .1
as exceedingly active, and prices tended up- Stock Great Northern
100 88 00 881
Stock Do. do. A Stock
IN:ards. The sales amounted to 15,000 bales. The Stock Do. do. B Stock lOO 131 133 f guaranteed 5 per cent.
•
I Railway Share Market closed quietly, and in most Stack
Gt. South.& Wen.(lreld; 100 106 108 201 Gt.W. of Canada Shares all 144 141 141
n stance
A li 1
s quotations declined.
r, a &yearly meeting of the Oriental Bank stock Lancaster and Carlisle. 100 195 200 201 Do. New
100 I Do. Bon" pay. '76,with all 98 102
apt. till '6O
100 Do. do. '73 till '6O all 98 102
‘-,OrPor- • •
' ‘ -,„ r anon was held to-day-Henry G. Gordon, lea Do. Thirds - P 100 Do. do. ''/3 without opt. all 98 102 all
aasr in .the le4 Do. New Thirds all 154 164 P ' p 100 Do. 51 p. c. do. '77 do .. all 94 97
Stock aladras, guar., 41 p. c. 100 85 87 864
..i. a n the chair-for the declaration of an interim stock Lancashire & Yorkshire 100 99. i 5_7 9_4 6 Stock Do. do. 5 per cent. 100 - -
"Evidepd. Stock London and Blackwell. 100 ea 67 0
The chairman gave a verbal statement stack Lon..Briuhton&S.Coait toa 112 114 20 Do. 41 p. c. Extension.. 100 89 01 •
all 14 15 20 Do. Third Ex, gua.s.p.c. all 93 95
of
the position of the Bank, and said, that from the St2osck London & North Westn Lond. Chat. and Dover
100 054 0;1 951 651 20 Do. Fourth d 0,5 li 1 d
I,ZOlIntS received, the net profits were found to be 124 Do: Eighths - -
Stock London& South-Weep lOO 05 96 954 Stock Melb. Corp. 6 D.C. Bonds 100 - .e-
-r 5,232 3s. 9d., which justified the directors in 25 L'derry & Coleraine - - New .Corp.
20 Ry.&Land(l,im.)g.6pc
"elaling a dividend at the rate of 10 per cent. per 25 L'derry & Enniskillen. all .7.1. ..84, 16 - -d
Class ACapitl.Share..
Stock Ilan., Shef., & Lincoln lOO .'.4 .0a
annum. The accounts from the various branches 10 Metropolitan 3 - -fl .. Do. do. Land d 0...
• Stack Midland lOO 1051 1061 1051 20 Do. do. B. Capital do. 1.
Were exceedingly gratifying. There was a keen Stack Do. Birming. & Derby lOO 84 86 .. Do. do. Land d 0... )16 - --6
Petition
- 20 Dude (Limited) - -
Petition going on in banking, but he had no 0 Rid. Gt. West. (Ireland) all - - 20 Scinde ai aS all 19 191
doubt2s Do. i Shares all - -
the that, by the usual energy and foresight on
too Newcastle and Carlisle. all - - 20 Do. New ai g 12 1} Ici
a...-a
t part of the managers, this bank would be able 25 New., Aber., & Herefd all 91 104 20 Do. Puniaub • . ad ca 5 la ld
20 Do. Indus. St. Flo. galt 15 14 1 d
10 Newry & Armagh (act.' 9 - -
° Maintain its eminent position. In answer to a 20 Newry, Warpt, & Rog all - - 20 St. Andrews & Quebec, A 18 - -
(Nest Stock Norfolk lOO 56 58 10 Trinidad(Limited) Scrip 1 - -
Question the chairman replied that the bad debts so North. Counties Union 35 3a 3 d
FOREIGN& itot
terda
m alall
4l RAILWAYS,44
Were not above the average, and that they had Stock Nor.Dev.Rail. &Dk. Stk. 100 - - _
10 Antwerp
teen amply provided for. The proposed dividend Stock Do.A S tk.-Arec. no div. 20 Ardennes all - -p
NV Its t until 6p.c.hasbeenpdß 100 - 20 Ilah.&S.Fran.,Lim.7p.c 5 1 1 d
hen agree° to, and the usual vote of thanks stock Do. B Stock lOO - - aa., 5 Belgian East. Junction all 1
Was stock North-Eastn.-Berwick 100 894 901 a'n
-
passed to the directors. d 20 Beziers to Graissessac.. all -
25 Do. do. G.N.E.Purchase '613 4 2 11 d 6 ' Carmeaux Mine & Rail. all 21 21
The 100 46 47
Market for English securities to-day has Stack: Do. Leeds OO Copiabo - -
Stock,Do. York lOO 731 741 110 Ditto Extens' on .... all 14 d
remainedoter inof a quiescent state, owing to the limited StocklNorth London lOO 105 107
chars2o Dutch Rhenish
20 Eastern of France
rj
and the operations on speculative account 20 North Staffordshire.... 174 I 45a id 131
10 No. & Son. W. Junction all 5 20 Euphrates Valley 2s. - - p
for investment. A few sales having predomi- Stock Oxford, Wor.,& Wolter. 100 33 35 20 Grand Rus. Guar .5 p.c 6 - -
10 Peebles all - --aa
-
Hated, indications of weakness have been manifested, 20 Portsmouth - 20 Great Centra Cori rance all - -
20 GI. Luxem., shs.. all 7 74 7
10 Rhymn ey lO - - 20 Italian Junction ....... 16 - -
1;418°Is. which closed yesterday at 951 96, having Stock Scottish Central lOO 112 114 20 Lake Constance & Bale all - -
ten dealt in at 95/ i• The New Threes and the Stock Scoth.N.E., Aber. Stock 100 265 274 20 Lierre and Turnhout.,, all - -
Stock Do. Scottish Mid. Stock 100 82 84
17duced are flat at 94-Z 2. The New 21 per Cents. Stock Shropshire Union lOO 46 47 20 Lombardo Venetian.... 8 - -P
20 Ditto New
have receded to 791 and Exchequer Bills to 27s 10 Sittingbourne & Sheer. all 31 24 d 20 Lyons and Geneva - -
an
d3O ' Stock South Devon lOO 464 471 46 331 Maria Antonia all - -
100 765 771 761 6 1
, S. --
prem. India New Stock is steady at 1031, Stock South-Easternlo Do. do. New - -
alit s , - Stock South Wales
(10. erip at 1031 ; and the Loan Debentures Stock SouthYorks.&ltiv.Dun. all 62 65 ,
20 Do. do. 6p. c. Pref. all 19 20
uO9l 2O Staines, Wok., & Wok.. all 6 8
Rather
have advanced to 961. 25 Stockton & Darlington. all 355 361 l6 Northern of France all 361 371
-.4. more business is recorded in Foreign 25 Do. do. 1855 9 - - 20 Do. New Shares - - p
,10 Norwegian Trunk Pref all 9 10
Securities
. • 25 Do. do. 1858 9 - - lA:yso.nrs,raannd.
(11pleerndito. 1 all 351 361
I, , prices, however, are rather heavy. - Stockton & llartlepool IC:', - -
iirki
„, sh 6100 . - - 20 Paris and Orleans ...... all 53 85
22 c Rl'accriite'
" 1 gua. 7p. ct. (Lim.) ...
per Cents. are 78 to 781 ; ditto New, Stock Taff Vale
Stock Do. Preterence, No. 1 . 100 - -
"'; il3 21 2} d
to 671 Mexican has receded to 211 22'; Vene- 25 TharnesEfavenDk&Raii 22 - -
zoo_ 4. a
50 Ulster - -
, to "21 per Cents., to 271,-; ditto 1 per Cents., -25 I Do. - -
C 141, , 11 1 d par 20 Royal Danish all - -
' Sardinian, to 861 - and Brazilian 41 per 12 10 Do.
100 t,B 6:1 5 Royal Swedish - -
aeota . a , - Steck:Vale of Neath
at ';. to 951 .;in.4 Do. 7 per cent. Pref. .. all - -
151 Equador Consolidated are steady 10 Victoria Station & rim 85 - -
Stock Waterford & Kilkenny 100 - - 20 Sambre and Meuse..... all 64 64
10 Do. 51 per cent. Pref.... all 81 04
-. 31. ; ditto Provisional Land Warrants are firm 50 Waterford & Limerick all - -
at a . 20 Southern of France .... all 20 21
20 ' West Cornwall
d.„, .. , Grenada Active remain at 17 ; and ditto 84 West Flanders all •51 6
de
at 51. 10 `V-end Lon. & Cry. Pal. all - - 10 Do. 54 p. c. Preference . all 94 104
• 5 Do. A.-Arecv.nodiv.till 20 W. & N.W. of France all 22 23
7 p.c. hay been pd. to B all 31 31 . 20 Western of Austria - -
to'f lie last week's railway receipts, ascertained up 5 Do. B . all 71 71 20 Western of Switzerland all - -
this 2O West London - - 6 Wiesbaden - -
day, are in round figures as under :- 10 Do. Ist Class all 6 ,Do 8 per cent. Pref.... all - -
,reat. Iv 1851 1858. 20 Do. 2d Class - - 20 Zealand all - -
4'4 riv; estern.
13° ''' estern.. . COLONIAL GOVERNMENT SECURITIES.
aalltla xx,
Paid. Closing Business
kir' s 'veatern
Pauli Closing Business Share Securities.
Iti'lhtott 17,273 16,263
37,574 35,269 Share Railways. Price. Done. Prices. Done.
South_ .
- Can.Govaip.c .1 aTirJuli, 100 1-14 115 1144
th.. Eastern
- Do. 6p.c.ro.&Aug. 100 112 114 112 i
Great a1art,26,723 27,421 25 Blythe and Tyne If per - Do. 6 p.c.Mr. & Sep. 100 112 114
___
Laneaaa_. uorn
-nri "-'re and Yorkshire -
- 1. .8.G0v.6 p.c. Ja. &July 10C 1121 1132
lio"°1 and - 231 6,715
1, Stk: Bris. & Exet4p.ct.Stock 100 95 97 - Do. 6p.c.Ap. & Oct. 100 - -
~. rth_t_,Exeter
39,691 37,087 20 . Do. do. do. Shares l4 - -
took Cal edon CIO, 44 per cent 100 102 103 - N. S.W. Gov. sp. a Deb. 104 100 102
- Do.ap.cen.lB7l to 1976 100 100 102
(Zlloches'iteB;,eriSlreffleld, and Lincoln 11,102 9,838
5,140 .4,754 12.10 Do. Quar. Shares, No. 2. 10 - -- - D0.5p.cen.1838 and up 100 100 101 1001
NAV, Worcester, and Wolverhampton e' Cork & Bandon, 51 p. c. all - - - JovaScottiaGov.6 p.c. Si.
• 4 and Wicklow
(1•1 b 1,773 1,500 20 Cornwa,ll, 5 per cent. .. all - - Deb. redeemable, 1875 100 1104 1111
- Aus.Gt6pc.Jan&July 100 111 113
Gliag 11.rgh. and Glasgow 6,260 5,969 El Dun. Perth.zz Aber.Jun. all 54101
gow and South-Western
... Vict•Gov.6n.c..Tan &July 100 - -
The, , Stock Do. do. Class B 6 pc- - 100 ll5 - Do. do. April & Oct. 100 1031 1091 110 91 104
0„.., e returns show a satisfactory improvement ; Stock Do. do. Class C 7 pc.... 100 107 10.) MISCELLAR EOM
i',„llle North -Western the increase amounts to 110 112 1101
Stock E. Coun. Ex. 5 pct. No.l 100 11l 113
Stock Do. co N 0.2 100
44,2•-• Closing
ci 13 ;on the south Western to £2,263 ;on the Stock Do. New 6 per ct. Stock 100 126 10.4 Share Miscellaneous. Paid. ltusinese dons
rPrice.
y eat Western to £3,080; on the Lancashire and Stock
c Easternn.G, Union,a.c4 per ct. 10010 b i. 2 E 6
teat ---
Stock Do. 4p c gua. S. &D. 100 00 92
4k3hire to £3;050 •; on the North Eastern to -
1000 Atlantic Tel. (Limited). all 200 230
.t 2,60 Stock Edin. Perth,& Dun. 4 pc. 160 71 75 74
25 Australian Agricultural 19 30 32
0 4) and on the Edinburgh and Glasgow to L 291. Steal Furness, 5 per cent .... 100 - -
a tit Stock !Gies. &S West. a ape 100 113 115 10 Australian Royal Mail . all 1 1
e Great Northern there is a decrease of L69_ 8_ . Stoc Great Noathern, sp. . ct. 100 'l7 119 10 Berlin Water Works ... all 44 5 11
The Stock Do. spc Redm.,lop.c.pm 100 10 112 50 British American Land la - -
I transactions in the Railway Share Market
Stock Do. 41 p. e. do. do.
I.4.ave been very limited, and several of the principal 100 no.sp.e.itcdm..s pc. pin BO 84 85 20 Do. B, 7p. C. till 1862.. all 19 a 0
In- , 10 (3t. Nit. of Sektld,,st pi all --- - 20 Do. C
COj4 nave exhibited increased depression. Eastern I G t.Sn.& W (Trelancl)4 1 100 100 Canada Land 321 111 115
Stock
1111 ties LanCaB e, Bout - es-
hire una Yorkshii hIV p. et. rref. Stock ... ) -- • - 10 Chan.lclandsTel.(Lim.) all 8 9
term
50 Great West. (Berke and Stock Copaalin.otEnee&Smlla all - -
~ i and Midland, have declined ss. ; South Devon, Ilants) Ext. 5 et.... 6 - - 25 Do. Preference 75 per ct all 244 254
Stock Da Redeemable 4 p Ct.. 100 97 99 971 81 5 Crystal Palace,
4US• ; and Caledonian, £l. Great Westerns ad- Stock Do.. Redeemable, 44p, ct. 100 88 90 5 Do. Preference all 44 54
Vaneed 5.3. Stock Do. Irredeemable, do. . 100 80 91 Stock Electric Telegraph lOO 102 104
The Stock Do. sp. ct. Redeem . Pref. 100 'OO 102 25 Do. New
5 Eng. &Au it. Cop. St.Co all 14 11
Foreign lines have been inactive. Lombardo- !.8 Do. Birm. Prof. Shares all 91 101
enc.i. 10 Gt. West. Che 7. 8 p.c.pf. 20 GLlron ScrewColaLim all - -
, adan , •
1,0 7. declined to 111, and Great Luxemburg shares all 17 18 15 Gen. Steam Navigation. 14 - -
10 Do. do. sp. et. pref all 10 101 1 Great Ship (Limited).. all / 1
Stock Da Binning. guar. stock 100 73 75 20 Indian & Aust. Telegr. 2s. - -
5 London District Teleran 1 1 1 d
-
I Stock
the Colonial Market, Great Indian Peninsula zsi Do. Chester guar.shares all 19 20
tee. 1 131 Do. do. do
lir lire
to 971, and East Indian to 100 i i. Great 20 Do. do. do.
'V eSte Stock Lan. & York 6 .c. stock 100 139 141 20 Madras Irk. and Car al 1 4 i li 1
..,. rns of Canada are 141
aoi . Sta.': Do.l3arnstSt£3 3slCdpc 100 - 10 Mediter. Electric Teleg. all - -
10 Med. Exten. Tel. (Lim.) all 5 6
b - fit-Stock Bank and Miscellaneous Shares have Stock lionatßrig.spc. gu. No.l 100 - -
Stock Do. pref., sp. c. ...No. 100 - - 25 National Discount C 0... 5 11 ; d
a erY inactive. London and Westminster er have
ft a Stock Do. New glue, 6 p. ct
100 - 10 Netherlands Land all - -
• ane oNo. lOO - - 5 Do 8 p.c.Prefaiss.atldis all I # 1
eu Ss- ; and Union of London, ss. Red Sea Stock Do. do. sp. c. 5
Telegraph 3 Do. do. 45 per c. share; 41 - - lOO N.Br.&NovaScotiaLand 80 - -
°raPb. and Scottish Australian Investment re- Stock Lon.&N.W.Cov.&Nun- 1 N.B.Australasian (Lira ) all / 1 i
Oriental Gas
ttlain , eaton, sp. ct.
ett at previous values. Stock Lon.&S. W, 7 p.ct. stock, 1 Do. New Shares lss. 1 d 1 p
late 3d shares lOO - - 10 Orientl. In. Steam, A.. 6 -s-
tlitia , - la Londondy & Cole, 4 sits all - - 10 Ditto B
10 Ditto C 4 -- -
2s. -
liant.'"'"( FUNDS THIS DAY AT ONE O'CLOCK. 12. Londoody.& Ennis i sit. all 91 101
Stock Peel River Lee & Min. 100 54 57
a -- Stock
Der e 6 )o. E 6 45 I 4 1 50 Pen. & Oriental Steam. all 76 78
a per
ent, Reduced Annuities 944 aar Stock )o. 31 per cent.
NSW' °cut. Consols Annuities ., - a 121 Mai /port & Car., 4 p.c. all - - 20 Red Sea & Ind. Telegr. 15 1 I p 155
Now g,POl' Cent. Annuities
ladi '1 per Cent. Annuities - 15 Do. New all 65 7
D!' stock - Stock Mid. Con. 6p. c. Stock 100 - - 100 Royal Mail Steam 6O - _
Ditto 1859, 1859, 5 per Cent.
25 South Australian Land. all 35 37
Stock Do. 45 p. C. pref. stock.. 100 103 104
bitt-"all scrip, 5 per cent
11 bebentures, 1858' - I Stock Do. Leic. & Ilit.pref. at. 100 91 95 1 Do. do Registered all ; I
Ditto ,Ditto, 1859
/0 I Newport,Aber,&c.pret.s 1 all 91 q to Tr.& Ln.Co.of Upr. Can. 5 - -
too Van Diamen's 'Land .. 281 141 155
Ng , -"wads, £I,OOO
ro, ' under £l,ooo
kat option till 1866 all I'l 114 -
b vas for Account (Nov. 8) 954 1 a
bitt"glier Bills, £l,OOO, 11d 3O 27 Stock Norfolk Deb. 4 n.e.sh arcs 100 - -
Stock Do. sp. c. Ext. Stock,lB46 106 - - Share Mines. paid. 1 Closing Business
bit ° £5OO 3O 27 Price. Done.
to s Stock Do. 54 p. c. Peef. do. 1847 100 - - _
p anal, lid. - - - Alfred Coiasols (Philack) 2.11.19 4 41
Itlsi a aStock North British, spercent 100 169 111 20 British Iron
traz;:-• OF FOREIGN FUNDS AT ONE:O'CLOCK. Stock Do. New, gua. 5 percent 100 107 109 10 Devon C. Cons. (Tavista 1 125 430
b 41an• 5 per Cent. - Stock NtleDev.Rail.&D:k.Co. 100 - - - Clifford - „aBO 290
B itl Stockirred. Deb. East Bassett (Illogra) 3O 1571 1621
oaaa ° 44 per Cent. •1858
,t(118 Stock Do. Consol. P. et. 4p. c. 100 90 92 - E. W'l Russ! (Tavistk.) 6.17.0 81 9 s
b yres 6 per Cent . - - Stock, Do. Berwick, 4p. c. Pref. 100 96 97 96 - Gam. &St.Aubyn(G wen.) 511 47 50
b itaa Da,
__, , 90
`Vim erred l7 Do. do. do. 8 13.4. 11 1 p d - Great South Tolgus.... 17s 131 141
Dittoor New Consolidated
20 Do. Leeds, 6p. c. No. 1. 13 - - - -4.Wlical Alf.l.(Phillack' 12.1.8 15 11
0h.,...,"
Provisional. Land Warrant .3/ 124 Do. do. Quarters, 1846.. 9 - -G. Wheal Vor(Helston) 91 I 4
Ditto New Active, '35 per Cent.
Id Deferred
5i 25 i'%o. '''ork, H.& S. Porch. 10 16 4,)
20 North S tall Ordshire .... ell 23 21 - Grenville
- Herod's-Foot 5l 31 4
81 174 181
eaiga „ Stock Ox. tar. & Wol. 0 pc. lst. g 100 124 126 - Lady Bertha
tr n 6 per Cent. .22 Stock no. Redeem., 2d gua.... 100 124 126 - Margaret (tiny Lelant). 10.6.7 54 57
h at° Ace 214 Stock Do. Irredeem., 21 gua. 100 114 118 71 125 131
u,a, cam, - North Downs
bitra 1822, £ St., 5 per Cent - Stock Do. 44 p.c. Db. stk. in perp 100 09 100 - North Frances (Illogan) 10 6 61
"" 3 per Cent., 1859 - 10 Rhymney Guaranteed. fq - - - North Wheal Crofty... 7.9.4 11 12
8_ Ditto' Scrip, - - - N.Whal Basset (Illogan) nil. 61 71 01
giali • P) Stock Scottish N.-Eastern deb 100 - - - Par Consols (St. Blazy). .11 10. 111
Sp illan 5 per Cent. B6 /
abi is ni Stock Do. 3/ per c. pref. stock 100 74 76 - Providence (Uny Lelnt) 10.6.7 48 52
r44.!iii o per Cent 441 Stock Do.Aberdeen.gua.6pe. 100 120 124 - - Sortridge Cons. Min. Co. 6e 5 1
Ditto
Accon-it - SouthCaradon(St.Cleer) 11 230 235 233
Ditto
New Deferred, 3 per Cent. - 10s. South Devon, Ann. 10s. all 101 111 - South C. Brea( Illog,ana 2 21 3
S 'la Account
pa,32/
tarZ''lla Com. Cert. of Coup. not funded 4410 Do. Fixed 44 per cent. all - -
1.0.6. South Eastern (Reading
Ann., 1.0 6 ) all 23/ 241 -- S .Wbeal Fran. (Mogan) 18.18.9135 145
5 Tamar Silver and Lead
Mining* Co 4l 2/ 3
"11 6 Cent Ditto per7B 7± Stock Do .41 per cent lOO 103 .104 10 yin Croft 9 4; 51
Ditto
New Loan - Vale of Towey (Carm.) 12s 6d # 4
,Uitto Account• •67 / Stock South Wales, gua. 4 p.c. 100' •- - - West Basset (Illogan).. 14 20 21
'ezuela 21 per Cent. - - - West Seton
Ditto 1 per Cent. l4} Stock SaYerksliire, 4 p.c. gua. 100 - - - W. Caradon (Liskea a) lO 1524 1571
25 Stock. and Dar. A 5 p.c. all 28 20 - Wheal Basset (Illogan) 55 180 190
pay Dividends on the above able in London. 25 Do. B 6 per cent .... all 321 334 33 a- Wheal Buller (Redruth) 5 95 105
, TWO O'CLOCK. 25 Do. C 6 per cent all 32 3.3 - Wheal Edward (Cal 5.).. 6 11 14
Stock Waterford & Kilkenny, - Wheal Kitty (U. Lelant) 1.7.2 11 12
Consols, Money 951 4 6 percent- all 54 56 . - Wit'lMaryAnn(Menhe) 8 32 34
Ditto Account (Nov.) - ,Vh'l Trelawney (Lisk.) 44 274 284
.. _

-...... `+`__ __ s_ _ _
! - - - - LINES LEASED AT FIXED RENTA LS FOREIGN MINES
Ii Duke of Rutland is staying at Cheveley
ar Railways. Fedi Leasing Closing Business
20 lAnstralian 7l
1 .c..,5.... Price. Done.
• ' 1:, k, new Newmarket, where his grace is receiving cora •
any. 35 Brazil. Imp. (is. at £5 p.) 271 - - •
.
Bedford and Bletchleyl all Ln & N.W .. . 20 Do.St.Johndelliey,Lim. 15 loi it i 11
s' 1,11.4" e (Brighton Guardian) have much pleasure in Buckinghamshire.... 100 1-,,!,e, N.W, :7 f 9 5 Do. Land and Min ingCo. all - -
4,,olincing- the following subscriptions forwarded by Sir -Chester & Holyhead.. 100 D. '49 50 1 Clarendon Consols Min-
t3' "8 Goldsmid, viz. :-:-TO the South Down Hounds, Do. do. 54 p. ct. .... 110 Do.
1001 Caledonin 103 105 ing Co. of Jamaica... - d
00 Do. lll3 115 40 Cobra Copper al 49 51
tll. el I°S. j to the Brighton Harriers, £2l. The "meets" on
ClDydoe.-sddoa.les yuncet.tion.. ,
- ICepiapo l6 8 e
Nv;-,l)Owns attract a 'large number of visitors during our
Colchester, Stour Val all 'E.U.&E Cl 6 17 1 DunMoun.Cop.Ming.Co all il I It
1,17er season, and the interest evinced by the hon. baronet E.Lincolnshire,g.6p.c ' 100 Gt. North. 110 143 2 Fortuna - all 21 31
htiCe efficiency of our local hunting establishments is a E Union,llzrwichShs all E.Counts. - - 20 General all 24 26 25
Astautial service to the town of Brighton and its vicinity Do. Woodbridge ... 100 3 Linares all 101 111
5 Lusitanian
STRANGE STORY.—The following strange story Gis.Barr.szNeils;Drcti 100 igaoledonin - -
arme_ Do. New I • - - 1 Nlaricprita all
b,a;1411 in the Union du Var. We may remark that the G'loster& Dean Forest all Gt.: West. - - 1 .N.lthineCop.of S.Aus.L 10 1 • P
feui of Sir Edward Egerton mentioned in it is not to be 20 ,Pon tgibaud Silver, Lead
of 0' in any baronetage :-" Sir Edward Egerton, nephew Hartlpool.Dck.&Rail. all .Yk.N.32,11r
Hull end Selby
370 1r Robert Peel, has just left Nice for Grasse. 'This Do. 1 Shares all ;Do.
Do. 1 Shares ....... all , Do. —
%lin., g man has been occupied for several years in procuringl Scottish' Australis. (L.) 1 par 11,
London&Greenwich . 100 'S. East... 64 116 28.2.81lUnited Mexican
hi; information necessary to discover a will made by one of
Do. Preference
par.tmleles, leaving him a fortune estimated at 32,000,000 f., Lon Tilby.&Soutend. 100 Pete &Co 93 95
~.
silti of the fortune consisting of 30 houses in London, and an Lowestoft, gua. 4p. ct. 100 Norfolk , . - -
Share Joint-Stock Banks. Paid.
JOINT-STOCK BANKS.
te, r° Street at Edinburgh. This will, after the death of the Do. 6 per cent lOO Do - - Business
14,tator, could not be found, and all attempts to discover it Manc.,Buxtn.&Matk. all LN W&M 21 21Price. Done.
the,ol *fruitless. In August last the Rev. Mr. Himmel, a Ca- ad ford Prefer-
MeidneßerStock - _
11,164.5 e Priest at Dublin, received in confession a declaration to Closing
Newmarkt,BuryEx 1
5. 5. 6. %Counts 1 .7, p 100 A gra&UnitedServiceßk 50 70 72
sides effect :-The opulent testator some time ago 40 Australasia all 81 83
411'd for Italy in the Ville de Grasse, a steamer which was •sCp..c. all Do. 156 58 25 Bank of Egypt
CllorilotinsilillNorth American aallll
n&tele.ladstsnp
2_o_4
_214 21
v4l( near the Iles d' Ilyeres. All his effects and papers Nourtalhrni.
Do. do. 6 per cent.... all I Do. I- - 100 Tank of Loudon 5O 49 51 50
~re
atp• lost, but he himself was saved ; he was, however, Do. 'rived 5 per cent all 1 Dlo.. _ - -
valleted with rheumatism, and Navin; to stop at Nice, died North Western... .. . all IN idland . 14 141 40 Brit. Col. Bk..'zLoanCo. all - -
ICC
oh
nt d..
BBaannkk
oo
if.
CI na
nd iaad,
aez. c.
al
161 . par
_1 p 181
iear...e. Just before his death he made his secretary write to Preston and Wyirs. 1 all 1 Vii,N.yk": / .-•-.• 100 City
2200
Lon
c, 50 611 C6l
ta nephew to beg him to come in all haste ; but the secre- Do. i sh„„ A. ell Do. — 2102;011 1 '
ISiacor.ti.l.k&.ofAAttuss.
tCrahl.. 25 -
~fys supposing that he would make a new will in favour Roystn,lliteli.,& Shen 100 IGt.North. 138 140
t. he latter, and having a spite against him, did not send Sliri:w...bry& Hereford 100 IT BrasseY 08 102 100 Commercial of I, mdon . 20 10 21
`s en
When he made this confession the ex-secretary South Staffordshire .. all IM'Clean . 10-1 loi
co ,en his deathbed, and he prayed the priest to do what he Wilts and Somerset.. 100 Gt. West 92_ 94 20 Goa Bk. of Switzerland all - -
allall 21611 22113 211
• Wimbledon& Croyda. all L.&Br„tn 71 81
eiallel to repair his wrong. Sir E. Egerton. is now about to I 5O London and County 20 - - -
the 'avollr to obtain at Grasse or Cannes information as to . 50 London .Toint Stock •.•.•. 10 -
It Precise spot in which the vessel in question went down.
100 London & Westminster. 20 - - 523
1
irL,ll°Pos that the trunks of his deceased uncle may still be 100 Nat. Prov. of England. 35 - -
Closing Surliness 20 Da. new
Docks. I Paid Price. Done. 10 -
p -", and that in one of them he can find the will. A coin- Share 50 National Bank 25 -
r ilahl'i, is being organised in London to assist him in getting • - - 20 New South Wales - -
",.. Lac vessel. He has consented to advance £20,000 in Stock IC m c' 1
Stock D°o 1 prne7Celant . Frei .M in
o.Vish money towards the expenses, and to give 5,000,000 f..-
. 20 Ottoman Bank
I - all 17 18
the
of his inheritance if the will be found at the bottom of Stockj East and West India... 100100 Provincial of Ireland - -
i _Stec's. Ft. Katharine -
10 Do. New all - --
f , ,717_, Ocean. In the lost vessel were large stuns of money. Stock London lOO - 60 8 •
' 25 South Australia
the other articles of value belonging. to other persons ; arid roo - all - -
i-.oci- Southampton lOO 25 Union of Australia all - -
question-
dot has arisen whether the English company Inty Stock I Victoria 5O Union of London ...... 12 :',27 28 271
w,''t retain all the wealth it may fish up."-Gcairrant's 10 in() New], 100 102 104 1031 . 100 Unity Mutual
.16.88 ever. IUD UM tit es up! \ = 60 ... --