The Sun.
London, England, 1871-02-13 00:00:00

MONJTARY R.E,PORTS.-SATURD AY.

A slightly improved feeling has been noticeable in the
Stock Exchange to-day. Business has been conducted on
a more liberl scale, and although no important change
has taken place in values, the alterations have been mostly
favourable. In the railway market an improve-
ment has been apparent in Brighton, South-
Eastern, Great Northern A, Midland, and Great
Western, but Great Eastern and North-Eastern
have been lower. The foreign bond market has
been firmer in sympathy, and a fractional advance has
ensued in the principal speculative stocks. Home
Government securities have been steady. Consols have
risen 1, being quoted at 92, 921, for delivery and the
account ; Reduced and New Three per Cents., 921, 92/ :,
Bank Stock, 243, 245 ; Excheqner Bills, 7s. to 12s, prem.;
India Five per Cents., 110, 1101; and India Bonds, 225.
to 275. prem.
Rather more animation has been apparent in the de-
mand for English railway stocks, and a fractional en-
hancement has been occasionally observable. Brighton,
Midland, and Great Western have risen 1, and South
Eastern and Great Northern A, 1 ; but a decline
of / has taken place in Great Eastern and North
Eastern. After official hours Metropolitan was
quoted at 651, 66 ; Caledonian, 872, 88/ ; Brighton,
43/, 431; South Eastern, 781, 782 ; Great Northern, 1241,
1251; ditto A, 1331, 134 ; Great Eastern 382, 39 ; North
Eastern, 1462, 147/ ; Midland, 1271, 1272 ; North
Western, 129 g, 129 h ; and Great Western 731, 732.
Very few transactions have taken place in Indian
Railway Stocks. Eastern Bengal have marked 103 ft ; East
Indian, 109/, 2 ; Great Southern of India, 1032 ; Madras,
1031, I. Canadian shares have been firmer. Great
Western, 151. There has not been much inquiry for
foreign. Bahia and San Francisco, 181, 19 ; Central
Argentine, 201; San Paulo, 212 ; and Lombards, 142.

274 Ebbw Vale S teel L).. 10 %die 5 OceanMarinelnsur 13414Pm
100 Viceroy of Egypt 7 p a 50 P and 0 Steam 44 46
Mortgage Loan ... . 77 79 10 Do do New. 1867 312)d.
771 50 Rhymuey Iron
100 111 gyp 9 p &Troy 'wan. 15 Do New 9 01
guar by Egyp Gov_ 96 98 60 Royal Mail Steam
1g Fore.stWarehouse IL) 71 81pm 60
100 Fgn anti Colonial Gov 12 Tel Con and Main Ll 264 27
Tnist 6 p c Bonds.. 98 100 2 Thames nd Mersey
1 Marine I nsur IL
00
71 GenCredtkDisct(L).. 1 fpm Tobacco 6 p c Loan.
7 13-16 lc d guar by Italian Gov 88 90
14 Gen Stm Navigation 28 29 90
7 Hooper's Tel Works 1 }die 5 Trust and Loan Co of
17 Hudson's Bay B4 84 , Upper Canada . .. i 1 010
.
45 Indrbbr,Gut Per, and 5 CT Marine. Lvpool(1, 51 6pm
Tel Works L) .... 52 53 20 Union Steamship (L) 23 25
524 8 6 United Dia Corpru (1. Ulla par
• 5 InterulFinan Soc(L) 21 lidis 5 UnivMarinelnsur (LI 61 61pin
21 x d 12 Warratt Finance.... 8 7 dm

The tone of the market for foreign bonds has been
healthy, and a general but not important improvement
has taken place in prices. Egyptian (1868) have risen 1;
ditto Nine per Cents, / ; Italian (1861), * ;
Spanish, /; Turkish Five per Cents, *; ditto
(1869), 1; Mexican, *; United States Five-Twenty
(1882) Bonds, *. After official hours Brazilian
(1865) were quoted at 032, 93k; Peruvian (1865),
90, 901; Egyptian (1868) 731, 74*; ditto 9 per
cents., 97, 971; Italian (1861), 541, 542 ; Spanish, 301
302; Turkish Six per Cents, (1865), 59, 60; ditto, Five
per Cents. 41/, 411; ditto (1869), 511, 521; Mexican,
132, 14 ; United States Five-Twenty 1882 Bonds, 901,
91*; ditto (1885), 90/, 902 ; French, 87k, 871; German,
21,., 22 pm.; ditto, New, 1, 1* pm.
Transactions in Banx snares nave been only to a
moderate extent. Agra A have marked 82, Imperial
Ottoman 11, , London and County 50/, Joint-Stock
371, 8, London and Westminster 621, 2, and Union of
London 39/, 2.
In the telegraph market Anglo-Mediterranean have
risen 1, British Indian Extension, / ; and Falmouths, 1;
Uooper's have been 1 higher, but Silvers' Indiarubber
have fallen 1.
For Miscellaneous securities the inquiry has been
limited. Cr6dit Foncier of England, 3/ ; General
Credit and Discount, n, 8 ; Royal Mail Steam shares
have advanced 7, being quoted at 59, 61,
The discount market has continued firmer. There has
been a good demand for accommodation and three months'
paper has been taken at 21 per cent.
The Delta from Alexandria has brought £132,000 in
specie, and the Russia from New York £178,900.
The sum of 25,000 has been withdrawn from the Bank.
The directors of the Socidt6 du Cable Transatlantique
Francais have declared an interim dividend of 2 per cent.,
or Bs. per share, payable on and after the lst of March,
for the quarter ended the 31st of December. Owing to
tte non-receipt of accounts from the French Government
during the war, the usual general meeting to approve the
balance-shoot, and declare a final dividend for 1870, is
postponed for the present.
The board of the Anglo-American Telegraph Company
have resolved to recommend at the annual meeting on the
17th of March, a dividend of 3 per cent making, with the
three interim dividends already paid, 9 per cent. for the
twelve months to the 31st of January.
The directors of Frederick Braby and Co. (Limited)
have declared for the half-year, ended the 31st December,
the usual interim dividend at the rate of 10 per cent. per

annum.

LONDON STOOK EXCHANGE.- SAT IJAD AT.
•

LATEST PRICES.—AFTER OFFICIAL HOURS.
The prices under the lines indicate the business done.

GOVERNMENT SECURITIES.
Three per Cent Consols 92 921 DoApril &Oct 1883-85.. 112 113
928, 2 1121
Do for Account
92 Brazilian, 1865. 5p a .... 938 944
Three per Cent Reduced 928 928 93/, 48
921, 8 Egyptian 1862. 7pa .. .. 83 85
New 3 per Cent
928, f Do Rail Deben 7p a .. 99 100
Exchequer Bills, March 7 12pm 998, 100
12s pm Italian, 1865. 6 p 0
Do, June
7 12pm Peruvian. 1865, 5p a .... 891 90]
12s pm 908, 8, 1
Bank Stock , — Portuguese 1869 3pa.. 32 33
245, 6 32/
India 5 per Cents
1101 86
India Bonds — Do Nicolas 4p 0
22s pm 638
Can 6 palo4B Jau&JuglB77-34 104 105 Spanish
301, 1, 1
Do March &Sept. 104 106 Turkish. 1854, 6p a 79 81
Do 5p 0 Jan & July .. 98 93 798
988 Do. 1865. 5p o
Do Inscribed Stock .. 97 99 41}, 1, 8
Dom of Can 5p c 1903 .. 99 100 Do, 1865 6 0
Ceylon 6 p 0 May and 59/. 9
November 1878 lO7 109 17.6.5-20 Bonds. 6 p a 1882 91 97
Mauritius C p 0 Jan and 911, 1
July 1873 lO3 105 Do do
New SWales 5 p clB7l-76 lOO 101 94 I
New Zealand 6p a 1891 lOB 110 Do 10-40 Birds, spc 1908 871 871
•Dos p c
Do 5p a Consolidated 99 100 Illinois Central Shares .. 109 110
99, i 1098. 9. i
Do 6p c Mar &Sept 1891 109 111 Atlantic and (4 Wlt Con
Do June & DeclB9l 108 110 Mortgage Bonds —
Viet 6p c Jan &July 1891 113 114

1886 9O sol

1E SUN LONDON, MONDAY, FEBRUARY 13, 1871.

DR. LIVINGSTONE AND SIR SAMUEL

BAKER

Mr. Churchill, the Political Agent at Zanzibar, writes,
under date the 18th November last, that news was re-
ceived about a month previous of the arrival at
Unyanyembe of the men and supplies sent up to Dr.
Livingstone in October 1869 by Dr. Kirk, the Acting
Political Agent. Seven of the men had died of cholera,
and the remainder having consumed the provisions
forwarded for, them, had, with the advice of the Governor
of Unyanyembe, drawn upon the supplies of which they
were the bearers for their subsistence. This at first sight
may appear preposterous, but, on consideration, Mr.
Churchill states, it may be explained by the fact that
without supplies from some source or other, the progress
of the caravan would have been stopped, and in the
absence of an authority to that effect from the Sultan,
the Governor of Unyanyembe refused to grant the neces-
sary subsistence money. The latest account from
the interior states that Dr. Livingstone, after
visiting a place called Manme, had returned to Ujiji.
Vague rumours had also reached Zanzibar of Sir
S. Baker's expedition. A party of Khartoom ivory
traders, it appears, under the command of one Ibrahim
bin Mussa, had reached Sunna's capital in Karagency,
and had reported the arrival of 12,000 men, the remnant,
it was said,
.of an 'expedition of 30,000 sent into the
country by the Pasha of Egypt. The story goes on to
say that the Egyptians succeeded in fighting their way
through Nubia, where they lost the greater part of their
army, but that their enormous losses had not stopped.
It is very possible, the Political Agent thinks, that what
with fever, desertion, and opposition from the natives, Sir
S. Baker's expedition may have been reduced to 1,200 men
taking it for granted that he started with 3,000 men.—
Bombay Gazette.

NEWS FROM INDIA.
We have received the Bombay Mail, bringing advices
to the 21st ult. The following heads of intelligence are
taken from the Bombay Gazette:—
News that has reached Bombay, via Zanzibar, states
that two Europeans, believed to be survivors of the crew
of the St. Abbs, are really held in semi-slavery in the
Galla country, on the east coast of Africa. Their locality
is placed farther to the southward than any former report
has placed it.
Major-General Nuttall, who commanded the expedition
against the Lushais, and who is well acquainted with
eastern frontier affairs, has been appointed political agent
at Munnipore.
The Madras Governnzent has addressed a letter to the
Government of India, on its scheme of financial decen-
tralisation. It is respectfully submitted that the claims
of Madras have not been fairly considered in the allotment
of Imperial revenue to the various presidencies and
administrations.

THE WAR.

JULES FAVRE AND BISMARCK.

Major-General I. Barrow has been gazetted Chief Com-
missioner of Oudh.

The Paris correspondent of the Intikpendance Beige gives
the following details of the interview between Jules Favre
and Bismarck. When Jules Favre arrived at Versailles,
Bismarck said to him, " You come rather late, but in
time to relieve me from various importunities.
In the first place the solicitations of the
clique of the Empress Regent, then other proposals which
arrive from Bordeaux, one from M. de Talhouet, others
from MM. Daru and Changarnier, behind whom, no
doubt, is M. Thiers. Who is this M. de Talhouet ?" M.
Favre was surprised that Bismarck did not know the
reporter of that Commission of the Chamber
of Deputies, which, on the strength of documents it
refused to publish, declared the despatch of the Prussian
Government was offensive to France, and that war was
consequently necessary. " Now," said the wily Chancel-
lor, who affected not to know the name of de Talhouet,
" here is this despatch, and you may see whether
it could possibly be more conciliatory, and whether
it necessitated war. I prefer to treat with you direct,"
he continued, " though you have not spared me in the
documents you have published ; but I can understand you
were little pleased with me after our interview at Ferribres.
At that moment, I do not conceal it from you,
it was the intention of King William to treat with
no one but the Emperor Napoleon, confirmed by an im-
portant pldbiscite. We wished, after having signed a
treaty of peace with him, to restore him and his imprisoned
army, and leave him to support his rights in any
way he liked in France. But we have since
been enlightened as to public opinion. The
energy of the resistance has proved to us that the nation
survived the regime, and we learnt that the immense
majority of the prisoners were more disposed to shoot the
ex-Emperor than to support him. Therefore, we decided
on addressing ourselves to you."

A LETTER FROM LOUIS BLANC.
M. Louis Blanc has addressed a letter to the Rappel
the famous Red Republican organ, which has . made

Several changes are contemplated in the Military
Finance Department. It is said that Major Chitty, from
Bombay, will relieve Major Bruce at Madras.
On the 9th January the so-called Wahabee, Ameer Khan
was released, by order, from Alipore Gaol. Mock congra-
tulations are said to have been addressed to him, and he
was conducted to the door of the gaol under the belief
that he was at length a free man. There, however, he
was at once re-arrested and conveyed to Patna, to be tried
on a charge of waging war against the Queen. It is said
a statement of the treatment the old man had experienced
has been forwarded to Mr. Gladstone and the Duke of
Argyll.

THE "TIMES" AND PONDICHERRY.

----
From Wednesday to Saturday the Times believed that
;he Prussians demanded Pondicherry. During that period
A asserted frequently and emphatically that the cession
of Pondicherry was to us a matter of perfect indifference,
though it would be deeply wounding to the French pride.
On Saturday it learnt that the Prussians did not demand
Pondicherry ; and on Monday it straightway proclaimed
that it made no appreciable difference to the French
whether Pondicherry was demanded or not, but that to
us " the difference was immense." The case was pre-
cisely inverted. We, it now appeared, had been " sur-
prised " at the news, and our surprise was rapidly passing
through "jealousy" into " resentment." It must be
admitted that the development of feeling was slow enough
on the part of the Times. Two days after the demand had
been published, and had excited comment all over Eng-
land, it was' still proving that we cared not two straws for
such a wretched trifle ; and the resentment only appeared
after the demand turned out to be fictitious. Now what
is the explanation of this surprising change of front ?
Why did the mere trifle of Friday become a question of
immense importance on Monday? That is a question to
be fully answered only by those who are in the secrets of
the Times ; but there is an explanation which is as obvious
as it is degrading, and which, however little truth it may
contain, will certainly commend itself to foreigners. They
will say, only too plausibly, This is just another specimen
of British bluster ; when you think that we are really
about to insult you, you turn the second cheek in the
most affable manner ; all you say is, " Pray take Saigon
as well as Pondicherry ; it won't annoy our feelings in the
least." When you find that the . supposed intention did
did not exist, you pluck up your courage ; then you say,
"We appeared to be mild, but ,we were really growing
terribly angry ; if the demand had really been made, the
British lion would have been aroused, and our surprise
would have become resentment." In short, it will be
assumed that we behaved liked curs ; that we crouched
when we fancied that the whip was lifted, and chewed our
teeth in the most valiant manner as soon as it was
lowered. If the Times is really the mouthpiece of English
public opinion, can anything be more contemptible than
the course of public opinion in England? When anybody
really wants to give us a kick, we are to persuade our-
selves that it is such a very small kick that we had better
submit ; and when we find out that he doesn't want to
kick us, we are to say that we really at the bottom of our
hearts cherish a decided dislike, to kicking.—Saturday
Review.
.3r —

"The Assembly,

THE NEW LAW COURTS.—We understand tha,
the contract for laying the foundations of the New Law
Courts was signed last week with the Messrs. Dove, who
tendered the lowest estimate. Labourers, we are rejoiced
to observe, are already at work. —The Solicitor's Journal.
A. NOVEL WOMAN'S BIGHTS QUESTION.—In Craw-
ford County, lowa, Mrs. Hunter, has brought an action
against Miss Sarah Moran for seducing her husband.
Mrs. Hunter claims 3,000 dollars damages, and as the case
is pretty clear, and as Sarah has considerable property,
it is thought that the lady plaintiff will recover.
THE SALMON FISHING IN THE TYNE. The
fishing commenced on Thursday, and the first fish caught
above Tyne Bridge was a noble salmon of 261 b. weight,
and the least was 15jlb. There is every promise of a suc-
cessful season, and an abundance of fish in the Tyne.
There never have been more salmon on the spawning
grounds than this season, though last year an enormous
number of fish were caught in the estuary of the Tyne and
on the line of coast within the jurisdiction of the Tyne
SSlmon Conservancy Commissioners. It is anticipated
that fully 500 fishermen will be engaged on the coast of
Northumberland and in the estuary of the Tyne in salmon
fishing this season..
PIRATING OF THE POET-LAUREATE'S WORKS.—
In the course of last summer a note of suspension and
interdict was lodged by Mr. Tennyson ,and his publishers,
praying that certain Glasgow booksellers should be re-
strained from selling copies of his works printed in foreign
countries. Judgment was allowed to go by default, and
the pursuers subsequently raised an action of damages
against Mr. Robert Forrester, bookseller, Stockwell-
street, Glasgow, for violation of the Copyright Act, in
importing and selling, or exposing for sale, copies of an
American edition of Mr. Tennyson's poems. Damages
were laid at £5OO. This action has just been settled on
the footing of the defender's paying 2100 of damages, and
the expenses between agent and client.. The case was be-
fore Lord Gifford on Thursday, when the authority of the
Court was interponed to this arrangement.—Scotsman.
DEATH OF FATHER HERMANN.—The Rev. Father
Hermann, whose death we briefly announced last week,
was, before he became a Catholic and a Carmelite, a cele-
brated musician. In fastidious Paris he was held in the
highest repute, and his conversion from Judaism in the
height of his popularity and fame, and his entrance into
the austere Order of the Carmelites, caused at the time no
small sensation in Paris. Father Hermann, a powerful
preacher, and a man of indomitable energy, died as he
lived, labouring for the welfare of his fellow men. In
volunteering his services to the Prussian Government
as chaplain to the French prisoners in the fortress of
Spandau his last sacrifice was made. 'A week or two ago
we published a letter from Father Hermann, in which he
described how terrible were the ravages of disease among
the French prisoners, and now his own life is sacrificed in
the service of the poor prisoners at SDandau.— Westminster

Gazette.
BREAKFAST.—EPPS'S COCOA.—GRATEFUL" AND COM-
FORTING.—The very agreeable character of this preparation has
rendered it a general favourite. The Civil Service Gazette re-
marks:—" By a thorough knowledge of the natural laws which
govern the operations •of digestion and nutrition, and by a
careful application of the line properties of well-selected cocoa,
Mr. Epps has provided our breakfaSt tables with a delicately
flavoured beverage which may save us many heavy doctors'
bills." Each packet is labelled—JAMES EPPS R. CO., Homoeo-
pathic Chemists, London. Also, makers of Epps's Gaea6ine, a
very thin evening beverage.—Advt.