As the last dividend on Spanish 3 per Cents. produced
by the con- Version from Cortes Bonds was paid in London by Messrs. Smith, Payne, and Co., application has been made there for the payment of those due on the 1st inst. ; but the answer given was, that no orders for that purpose have arrived. In general, no expectation exists of these Dividends being paid, at all events, before the financial affairs of Spain have been placed on some defluita, footing by a decision of the Cortes, and also, perhaps, the conclusion of some contract for a loan. The Government has been urgently pressed by some of the capitalists most interested, to take the responsibility of not suffering any breach of en- gagement to be committed in regard to this Stock, especially'as the dividends on it are of small amount, and in one instance, we believe, that of the boldest and most enterprising of modern capitalists, an offer was made to advance the money, amounting to about 120,0001., on an announcement simply by the telegraph that the Spanish Ministry would take the responsibility of authorizing it. No notice has yet been taken of any proposition of the kind.— Times.
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