The Sun.
London, England, 1868-07-13 00:00:00

THE SUN, LONDON, MONDAY EVENING, JULY 13, 1868.

SUARE LIST.

ORDINARY dllAltillS AND STOCKS.

,b,are Railrmys. paid* Closing .Businelle
Price. done,
et I'B:lSLoI andexeter .... toe 82 VI
at Caledonian . 100 701 71k 7 701
st Cambrian
Cork and Bandon...— —
YO Cornwall. all 3i 4
st Dublin & Belfast June. 100 75 77
at Dan„Perth,& Ab.Junc. 100 70 74
E.London, scrip Celti. all
Do. 100 d
at Glasgow &S. Western 100 10 97
st Great Eastern, Ord. stk. 100 36 36} 361 7
at Do. E. Angl. at. N 0.2 100 71 8:
st Great North of Scotland 100 15 16
st Great Northern . 100 101 102 102
35 Do. A stock .. 100 95 05 96
st Do. 13 st0ck....
et Do. New, is. at 25 pm 100
Gts, and W. of Ireland 100 97 93
at Gt. Western -Original 100 49} 191 43/ 0
14', Do. S. Val. Rail. gua.l 100
st Do. South Wales 100 41 55
at Do. W. Mid.—Oxford 100 28 13
st Do. Newport lOO 30 33
at Do. l3ereford lOO
at Lancakiice h. Yorkshir, 100 1271 .281
at Landon and Blackwali 100
st Lon., Brigh., & S Coast., 100 52 53 511
st 1.0 n., Chat., and Dover! 107 1)1 1),
at Do. Metrop. Ex. A.' 100 1.1 15
st Lon. & North Vl' esteri:l 100 113 115 13;
at Lou. South ‘Vesteru NO t!3 944
at Man., Shef., A Lincoln. itx 41 12
at Aietrepolit au .
Do. New
at Do. Extension all , 10) 111 110
at Iletropolitau District. all 76 6! 50}
20 I Do. do. do. 10
I) Do. and St. John's 6
si. Nlidiand
at Do. £9 Share
Do, Birmin.. A Diabs 100 73 75
st tiid Kent .• . lt
st North British
Do. Ed., Pth., & Dun. 100
at filth. Eastern—Berwick 100 102 103 102}
25 Do. G.N'E purchase 16.13,4
t Do. Leeds ..... 100 67 59
Do. York lOO 92 93 921
at Do. Carlisle ..... 100 130 134
at Do. Stock.& Darling. all 131 133
Do. do. 1860-61
at North London. lOO 12) 121
Do. do. 1864 5 . . --
10 Do. do. 1866
st North Staffordshire
et N. &S. W. Junction .. all 107 10)
Scottish Central -
Soot. N. K , Aber. stock
Uo. Scot, mid. stook —
at Shropshire Union
t South Devon lOO 45 47
at South Eastern
10 Staines, Wok., & Wok. all lug 114 11
at Taff Vale lOO 143 146
10 Do. C .
ale of death
at Waterford & Kilkenny; 100
l 0 Waterloo & Whiteha. 11 6
West Corn wail —

J31{12'1611 POSSESSIONS.
00 Nllantio&St.Lawrenoe, all 65 47
,t I liom.,Barodst,44Cen.ln.l 100 106 107 - 1031 44
gu. 5 per cent...
10 Do. F shares l6 1 1p
£O6 Ituflalo 6z Luke Huron all 3 4
10 Do. freierence
Buti.,Brant, &Goderich
100 6 p.c. 1872-3- 100 68 71
at Calcutta 44 S. E., lint— 100
st 'ape Town k Dock, gu. 100 18 52
00 Demerara, 7 p.o. per. p. all 99 102
at East Bengal, gu.' sdo 100 108 11G
st East Indian, gu.s p.o. 100 112 113 1094
10 Do. J Extension
at urandTrunkot Canada 100 151 16} 161
100 Do. Equip. Mort, Bond
1 charge 6 p.o all 78 62
100 Do. Ist Pref. Bonds all 41 45
100 Do. do deferred
100 De. 2d Pref. Bonds., all 33 33
100 Du. do. deferred all -
100 Do. 3d Pref. stook— all 25 27
[CO Do. do. deferred
100 Do. 4th Pref. stock all 1-8 19 19
100 Do. do. deterred all
et Dt. India Pen. gua. sp.c. 100 1104 1114 1014 8
so Gua. 5 per cent lB 16 2 p
20 Do. New gua. sp. o 6 Li 2 P
at kit. South of India
gust. 5 per cent
at DJ. 41 per cent lou 19 101
et Do - 2
206 ,ireat Wes. of Canada., all 141 191
206 Do. New .. -
00 Do. 6p. o Bt:s. pay. 1873 all 98 100
00 Do. 56 do. pay. 1877-8.. all 91 93
st Madras, gua. 5 p.o 100 1061 1074 106 51
at Do. 41 do lOO 100 102
at Do. 46 do lOO 95 97
Do. Fifth Extensioul 5
of Melb. Cor. 6p. c. Buds. 100
50 Mel. & Hobson's Bay ..l all
at
N. itl.C'ds„ 6pc lstpf.ba 1100 83 05
st Dude &Ithiik'nd, g. 5 p.O 100 1041 1051 1031
t Scinde 100 112 1(3
at Do. Delhi
20 , Do. do4 2 DI
at Do. Punjaub ; 100 NI 103
at Do.lndus St.Flot t'D 100

1311.1.T1811 MINES.
Cam. Consul. Gold, lira. 1
Chiverton
(Afford Amalgamated SO 56 64
Devon G. Cons. (Tavlst 1 440 460
Drake walls 2.1.0 4
-- East Bassett (Illogan) 946
10
12
-- East Caradon 14.4 3 4
East Carn Brea 3l 2 24
East Grenville
blast Gunnislake 8.3. 6 4
--East Lovell 3•9.0 8 9
-- W'l Russell (Tavlstk 11.7.6 14 2
StAubyn(G wen. 1;6 1
Great Laxey, limited., all 16 17
Great South Tolgus.... 1.4.0
Great Wheal hwy..... 11.9.1;
-
'4. Wheal Vor (ilelst,ib 40 15 16
Jrenville , 9.0.4 14 14
Herod's Foot 8.10.1 38 40
El ingston Downs 5lO C 21 21
.darrgk ae Valley lO
reta(eUny Lelantl3ll7.l 7 7
: oB—
viwyndy Iron Ore, lime SI 2i 11
ew 8 ton . ..... 1 561 60 70
North toskear . ....•1 381 5 7
NI.Wh Bassett(ll.logan, 1.4. t!
North Wheal Crotty 2.13•1' 2 3
Prosper United ' 8.11.0 2 24
Providence :tiny Lelant; 11.6,7 25 27
S. Caradon (St. Cleer) ll 380 400
South Coudurrow t.2.0 I 4
S.Wheal Fran. (Illogan 18.18.9 374 421
Stray Park 0.15.0 4 6
Croft lt 14 IN
7igra and lira , all
W est Bassett (Mogan
W. Caradon (Ltskeardl 18 10 12
West Chiverton . 11 64 62
West Seton
Wheal Bassett illloganj 54 75 80
Wheal Buller (Intedruth' 22 15 9 11
Wheal Mary Ann (Men ' 8 20 22
Wheal Seton
Wheal Trelawney (Lis 5.17.0 7 9
j
t. 4
)Cio:louVb. ;8;2154. p. 1
cent., -
oan.Gov.6 Julyl
1877-81 1 100 102 104 102
!Do. 6p. o. Feb. & Aug., 100 103 105' 105
Do. sp. c. Mar. & Septl 100 103 105
100. 6p. c. Jan. & July; 100 93 95
IDo. sp. c. Inscribed ski 110 93 9.5
;Captor (*.Hope, 6 p.c. 18731 100 102 104
1D0.Ap1.&044 1890-19001100 111 112
100. do 1880-9 v 100 107 11,9
Do. Jan.&July, 1890-9. 100 Its 110
Do. 5 per cent. 15 April
and 15 Oct., 1900 lOO 48 100
Ceylon, Nov. 1178, 6 p.c 100 1.8 110
Do.
1872, do lOO 105 107
M
- ; auritius, 6p. 0, 1873,
Jan. and July
Do. 1878 .. • .1 100 106 101
100. 1882, Mayls, N0v.18,1 10u 107 109
Do. 1895, Feb. & Aug 1 100 116 P:8
INatal Gov. 6 per cent ! 100 --
- IN.B.Gov.6p.c.Ja.ctJ ulyl 100 99 10
- N.D5•375.pG.:.v1.857P1 ;Co" 1188766"' 110000 9048 10901
Do. 5 p.c. 1888 to 1896` 100 254 964 994
New Zealand, 6p. cent 100
Do. 5 per cent.... ... 100 974 984 99
Nova SoutiaVov. 6p. 0
sterling, 1875 l9O 102 104
Queensland Gov. 6p. c lOO 103 105
'S. Aus.Gov. 6 px.1868-9, 100
Do. 1878 & upwards I 100 110 ill
Vie Gov. p.o.Ja..leJulyl 100 -
- Do. do, April & Otat 1 100 1114 1124

LAW INTELLIGENCE.—This Day.

COURT OF BANKRUPTCY.
(Before Mr. Registrar Pepys.)
IN RE SIR G. C. EARDLEY, BART.

This bankrupt has been before the court now
some time, and adjournments have taken place
from time to time. A short time ago he was in-
dicted at the Old Baily for bigamy and sentenced
to a term of imprisonment, the case creating a great
deal of interest at the time. The trade assignee
originally chosen having resigned the office, to-day
was appointed for a new choice, and Mr. Ham-
mond, auctioneer, of Baker-street, Portinan-square,
was appointed.

POLICE INTELLIGENCE.-7711S DAY.

MARLBOROUGH-STREET.

ROBBERIES AT ALL SAINTS' CllUßClL—Richard
Davies, a young man, desribed as a baker, was
charged, before Mr. Tyrwhitt, with stealing from
the Fersna of Miss Fanny Harrison, of No. 11,
Brook-street, Hanover-square, a portmannaie, con-
taining some money and other articles, while in
All Saints' Church, Margaret-street.
The prosecutrix said that about one o'clock yes-
terday she was coming out of All Saints' Church,
Margaret-street, after the service, when she found
the prisoner and two other young men pressing
against the front of her dress, in which was her
portmonnaie and church service, which induced her
to think that they intended to rob her. On get-
ting out of the church door she felt in her pocket
and found that her portmonnaie was gone, and
called out " Stop that man," and' her brother, who
was in the churchyard, seized him, and he was
taken to the station, where he gave up the port-
monnaie to the constable.

I kThe prisoner asked the prosecutrix whether she
:elt him take the portmonnaie.
The prosecutrix said she did not.
The prisoner said that he did not take it, bat
that it was given to him.

Police-constable Benjamin Nicholls, 89 E, said
that while on duty outside All Saints' Church, yes-
terday, the prisoner was given into his custody for
picking the prosecutrix's pocket. He took the pri-
soner to the station, and as soon as he was put in
the dock he handed over the prosecutrix's port-
monnaie, and another(a brown Russian leather one)
was found in his hat. Information had been re-
ceived of other robberies in the church.

Inspector Hubbard, E division, asked for a re-
mand, stating that he believed the prisoner was a
well known thief.

The prisoner again stated that the portmonnaie
was given him.
Mr. Tyrwhitt said the evidence showed that the
prisoner was haunting the church, and robbing them
as they came out. He would be remanded, and he
(Mr. Tyrwhitt) thought it very likely he would get
six months' imprisonment.

7HE ELECTRIC TELEGRAPHS BILL.

On Friday the select committee on this bill re-
sumed its sittings. The Chancellor of the Exche-
quer presided.
The learned counsel representing the various
opponents of the bill—both railway companies and
telegraph companies—announced that they with-
drew their opposition on condition that the pro-

moters would do their best to have the agreements,
the heads of which had been settled, introduced into

:he bill. Some of the counsel asked that the agree-

meats should be scheduled.

Mr. V. Harcourt, Q.C., on behalf of Reuter's
Company, said that he could not withdraw his op-

position, because his client could not come to terms
ith the promoters. The Post Office authorities
offered an agreement on the basis of ten years' pur-
chase, and the terms to other parties similarly
situated. He did not refer to those companies
which required special agreements because of their

special circumstances, but he might say generally
that the Post-office hal offered every one else an
agreement on a twenty years' baii3. ll should be

glad to learn what arrangement hal been made
with the Atlantic and Anglo-American Company.
Mr. Rodwell, Q.C., on bAalf of the promoters,
offered to place Mr. Scudamore in the witness box
in order that Mr. Harcourt might elicit whatever
information he desired. With regard to the other
interests, he would promise that if the clauses of the
bill did not cover any particular agreement the
promoters would not offer any opposition to that
agreement being introduced into the schedules.
Mr. Scudamore was then examined, and he gave
evidence to show that increased facilities for tele-
graphs on the continent had increased the business ;
the English Post-office had had a similar experience
with regard to branch offices, pillar boxes, and the
opening of savings banks. He contended that it
would not be possible for the Post-office to have the
electric telegraphs in working order before the Ist
of July, 1869. In the course of the past few days
he had obtained information which enabled him to
'give a clearer idea of what might be expected would
be the increase of telegraphic business., The nuw-

ber of messages transmitted by the companies (and
he did not include press news on the railway lines,
which at present charged I.s. rates) in 1866 was
6,000,000. The increase was now about 15 or 20
per cent. ; but taking it at 10 per cent. the number
of messages two and a half years hence would be
7,500,000. The is. messages, at present num-
bering 55 per cent., would not be affected by the
change as to charge. The is. 6d. messages were
30 per cent. of the whole, and he estimated the in-
crease would be 80 per cent. The 2s. messages,
which were now 10 per cent., would increase 100
per cent. ; and the Irish messages, which were now
5 per cent. of the whole, would increase 150' per
cent. None of these estimates related to the small

trades, and were based solely on the idea of a re-
duction in price. He considered that there would
be a great increase of messages in consequence of

increased facilities. There would be a trans-
mission-office for every 1,400 inhabited houses,
and a deposit-office for every 300 inhabited
houses ; and the hours of business would also be
longer on the whole than now. The proposed
extensions would cost about £200,000. The effect
of using post-offices for telegraph-offices would in
some instances be marvellous—a message to Pad-
stow, for instance, which now cost 18s., owing
mainly to porterage, would cost Is. He believed
that the increase of messages through increased fa-
cilities would be ten per cent., so that, after the
affair had got into working order, the number of
messages would be 11,650,000. He estimated the
total annual income would be £680,000, and the
net revenue £203,000, if there was no increase of

business; and, if there was an increase of business,
on the basis he had stated, the net revenue would
be £358,000. That sum would represent an enor-
mous capital. He estimated that the press receipts
would amount to £12,000 a year; and the profits
on the continental service, after discharging their
obligations to Reuter's Company, would be £45,000.
It would depend on the manner of raising the capi-
tal as to what amount their net revenue would re-
present ; whether the capital debt was to be conti-
nuous, or was to expire as to a certain period.
By Mr. V. Harcourt—They had had under con-
sideration the question of purchasing NIA.. Reuter's
cable and interests, and they had disaussed the
heads of arrangement with the Submarine Tele-
graph Company. That agreement was all but ac-
cepted. He had not got the agreement with him,
but would undertake to produce it the following

morning.
Mr. Harcourt—Then I shall defer my cross-
examination on that point until I see the agree-
ment.
Witness continued—The reason why they did
not offer more than ten years' purchase was because
they did not think the property worth more. Sub-
marine cables did not last more than 15 years, and
Mr. Reuter's was now two years old. Of sub-
marine cables there were two to Holland, one to
Hanover, and three to France. They only proposed
to purchase two wires, which it was under considera-
tion should be leased to the Submarine Com-
pany. In that case the Submarine Company would
own all the lines excepting Mr. Reuter's. Their
difference with Mr. Reuter was simply a question
of terms. Mr. Reuter originally was offered a per-
petual annuity equal to the income guaranteed by
the Electric Telegraph Company; but afterwards
these terms were withdrawn, as being excessive.
One part of Mr. Reuter's contract or lease was only
for ten years ; another part certainly had thirty
years to run ; but then they took into consideration
the great risk attending submarine cables. They
had, therefore, thought it more advisable to offer
ten years' purchase. They were going to pay 20
years' purchase for lines in the country which had
only an eight years' lease. Theland lines were subject
to some risks, and the snowstorm which took place
recently cost the Electric Telegraphe ompany 110,000
for repairs. Mr. Reuter had an agreeement with
the Hanoverian Government for the exclusive
liberty of laying a telegraphic cable between Eng-
land and Hanover, and the route would be the
shortest for the proposed line to India. They were
anxious to come to terms with Mr. Reuter, but he
wanted too much.
Mr. Rodwell—We are quite willing to offer arbi-
tration.
Mr. Harcourt—My client is ready to accept the
same terms as those offered to the other companies.
By Mr. Goschen—One part of the sea, between
England and France, where Mr. Reuter's cable
was laid, was very dangerous, and if the
cable broke it would ,be lost. It, was true that
the estimate of the expenditure had decreased
with the progressive increase of the purchase
money. He bad not added to his estimate an
allowance for the increased cost of working of any
of the telegraph companies since December. He
was of opinion that eventually a 6d. rate would
pay.
Mr. Goschen proceeded to examine Mr. Scuda-
more at considerable length as to the mode in which
he had proceeded in making the calculations sub-
mitted to the committee.
A discussion then took place between Mr. Goschen
and Mr. Rodwell as to whether the probable actual
cost of purchase would be laid before the com-
mittee ; and it was understood that the promoters
of the bill did not intend to lay such statements
before the committee.
The committee then adjourned.