The Sun.
London, England, 1870-02-21 00:00:00

COLONIAL GOVERNMENT SECURITIES.

Canada Government, 6 pc, Jan
and July 1877-84 100 104 1051 1051 1
Do, 6p c, Feb and Aug lOO 102 103
Do, 6p c, Mar and Sept lOO 1051 1061
Do, 5p c, Jan and July ......, 100 941 951 951
Do, 5p c, inscribed stock lOO.. 91 96
050pdc,
Hope,Dom 6inpion
zD0ef,c,18108373 110000
103 0
1 1965
C
pfoo o, 6 p
c,April and Oct, 1890-
1900 100 111 113
Do, 6 pc, April and Oct, 1880-90 100 109 111
of
Do, 6p c, Jan and July, 1891 lOO ___
Do, 5 p c, April 15 and Oct 15,
1900 100 102/ 1031
Ceylon, Nov, 1878, 6r c 100 109 111
Do, 1872 100 103 105
1)o, 1882 and 1883 100 112 114
Mauritius, 6p c, 1873, Jan et July 100 102 104
Do, 1878, Jan and July 100 106 108 1071
Do, 1882, May 15 and Nov 15 100 107 109
D 0,1895-6, fob and Aug 100 111 113
Natal Gov 6p c, April & Oct 100 108 110
Do, 6p c, May and Nov 100 107 109
New Brunswick Gov 6 p c, Jan and
July 100 104 105
N. S. Wales Gov 5 p c, 1871 to
1876, Jan and July lOO 1001 1011
Do, 5 p c, 1888 to 1896, Jan and
July 100 101 102 1011 /
Do, 5 p c' rod by ann draws,
from 1867 to 1875 100 100 101
Do, 2 per c, annual draws, 1872
to 1898 100 1001 101}
New Zealand 6p c, 1891 lOO 107 109
Do, 5p c 100 97 98 971
Do, Jan, April, July, Oct 100 971 981 971
Do., 6p c, 1891, Mar and Septloo 108 110
Do, p ct, 1891, Juno and Dec 100 107 109
Nova Scotia Gov, 6 p c sterling,
1875, Jan and July lOO 1021 103}
Do, 1886 lOO 1041 1051
Queensland 6 per et, 1882-85, Jan
and July 100 1081 109} 1081
Do, 1891, Jan and July 100 1081 1091
S Australian Government, 6 p c,
1869-77 lOO
Do, 1878-92 100
Do, 1893-1908 100 110 111
Tasmanian, 6 p c, 1895, Jan and
and July 100 108 110
Do, 6p c red, 1893 to 1897 lOO 108 110
Victoria Govt, 6 p c, Jan and
July, 1891 lOO 113 114
Do, April and Oct 100 1131 1141
4 Lo, 5p c, Jan. and July ~,,,,,,,100 1011 1021 1011

HER MAJESTY.

WINDSOR CASTLE, Feb. 20.

Her Majesty, accompanied by her Royal High-
ness Princess Christian, drove out yesterday after-
noon.

Her Majesty and the Royal Family attended
Divine service this morning in the private chapel.

The Prince and Princess of Wales drove out
on Saturday.

LATEST INTELL IGENCE

(REUTER'S TELEGRAMS.)

..- -
FRANCE.

PAR is, Feb. 21.
The Emperor received Count Stackelberg, the
,e Russian), Ambassador, at the Tuileries, yes-

erdit v.

A terrible accident occurred yesterday at the iron
works at Fourchambault. A boiler exploded, and
eight persons were most severely burnt. Amongst
the sufferers was the son of the proprietor of the
establishment. Five of the injured persons died
yesterday from the result of the burns.
A rumour is current that the Archduke Albert is
connected with a confidential mission to the Em.

peror Napoleon.
The Prince of the Asturias has left for Rome.
BOURSE, Feb. 19. —Three o'clock—The market
closed as follows :

Bank Shares 2900
Italian Wives 55 60
Austrian Fives
Ottoman Loan
Do. Debt 45 20
Spanish Threes
Home Debt..
Deferred .
Ys.

q per Cont.
3 per Cent
End of mouth_ 73 521-
Credit Mobilier
Transatlantic 215
Credit Foncier 1770 --
Paris Gas 1740
Suez Canal 340
RAILWA"

Orleans

Cash_
... 990

Western
Northern ... 1157
Strasburg . 6OO
Lyons and Mediterranean
Southern.... 6171
Sardinian
Austrian 770
Lombard 5OO
North of Spain 641
Saragossa
Roman 46

ITALY.

FLORENCE, Feb. 20.

The Opinione says that several journals, in refer-
ence to certain agreements entered into by the
Minister of Finance with the National Bank, have
expressed doubts whether other stipulations did not
exist respecting the administration of the Public
Treasury and a prolongation of the term of the
Bank Charter.

These rumours the Opinione contradicts, and
says :—" We are assured that such stipulations have
no existence, and that tbe agreements referred to
merely bear upon the financial operations already
announced."

NAPLES, Feb. 20.

The King and Prince Humbert arrived here to-
day, and drove through the Toledo. They were
warmly received.

AMERICA.
(Per French Atlantic Cable.)

NEW YORK, Feb. 19.
COMMERCIAL INTELLIGENCE.

CLOSING PRICES.

Gold closed at 1181 ; the highest quotation dur-
ing the day was 1191 ; the lowest, 11
Sterling Exchange. on London lOB4.
5-20 U. S. Bonds, 1882 ll5l.
4t " 1885 ll4+.
66 " 1867 ll3l.
10-40 46
Illinois
Erie
Cotton--Mid. upland 24lc.
Petroleum—Standard White 29ic.
Flour, extra state, ss.oc. to $5.60c. Corn, old
mixed, sl.4c.

NEW YORK, Feb. 20.
The Inman Royal mail steamer City of Brook-
lyn arrived here this evening. All well.
QUEENSTOWN, Feb. 21.

The Inman Royal mail steamer Etna, from Hali-
fax, arrived here at 8 45 a.m. to-day, with $3,900
in specie. She landed mails and passengers, and
proceeded immediately for Liverpool. All well.

BOMBAY MAIL.

ALEXANDRIA, Feb. 20.

The Peninsular and Oriental Company's steamer
Massilia left at eight and the Nyanza at nine a.m.
to-day. The former may be expected at Mar-
seilles on the night of the 25th instant (Friday),
and the latter at Southampton about the sth
proximo.

THE BRITISH INDIAN TELEGRAPH
EXPEDITION.

Captain Sherard Osborn received the following
telegram in cipher at 6 a.m. this morning, Feb-
ruary 21 :

" BOMBAY, Feb. 19, 9.10 p.m.

4, Halpin, Great Eastern, to Osborn. Noon,
19th inst.—Lat. 16.32, long. 62.45. Paid out since
yesterday 141 knots cable. Total paid out 655
knots. All well. This places the Great Eastern
580 miles from Bombay towards Aden, and in
about 2,000 fathoms of water."

THE LEADER OF THE CONSERVATIVE

PARTY IN THE LORDS.

At a numerous meeting of Peers held in the
library of the Carlton Club on Saturday, Lord
Cairns in the chair, a resolution was moved by the
Duke of Richmond, seconded by the Marquis of
Salisbury, and carried unanimously, that the Earl
of Derby should be invited, upon Lord Cairns's
resignation, to assume the post of leader of the
Conservative party in the House of Lords. This
resolution was conveyed to Lord Derby by the
Duke of Richmond, Lord Chelmsford, and Lord
Colville.

DEATH OF BARON N. DE ROTHSCHILD

Baron Nathaniel de Rothschild died in Paris on
Saturday. The late baron, who had been for a long
period an invalid, was the third son of the late
Baron Nathan Meyer Rothschild, the founder
of the wealthy firm of merchant princes,
established in St. Swithin's-lane. The late
baron was born in 1812, and married his
cousin Charlotte, daughter of the late Baron James
Rothschild, of Paris, in 1842, by which estimable
lady he leaves twosons—James Edward and Albert.
Owing to the unexpected death of the Baron Na-
thaniel the series of dinners at Baron Lionel
Rothschild's has been countermanded. Deceased
was brother of Baron Lionel Rothschild, Sir
Anthony Rothschild, and Baron Meyer Roths-
child.

THE GOVERNMENT AND THE TELE

GRAPHS.

The Manchester Guardian hears that an effort is
likely to be made at once in the House of Com-
mons to obtain an abrogation of the Government
monopoly of telegraphs in the United Kingdom.
Several influential members of the House are said
to be ready to support the movement.

THE IRISH NATIONAL PAPERS ON TUB

LAND BILL.

The Irish " National " papers earnestly discuss the
Land Bill, with which, as may be supposed, they are any-
thing but well pleased. The Irishman believes it will be
on the whole "worse than useless." "It is a bill for

plunging all the tenants and landlords of Ireland into im-
mediate and universal litigation with each other. Every
line of the bill appears to be bristling with some
small lawsuit to be carried on in the ` cheap
and nasty' litigation which is indifferently ad-
ministered in the assistant barristers' courts. The
mischief of this is not easily estimated. It will provoke
innumerable quarrels between landlords and tenants. It
will put many landlords upon asserting their extreme
rights." With regard to its, dealings with eviction.
the same journal says : " The checks upon evic-
tion amount simply to fixing its tariff. The
landlord is to pay a sum not exceeding a stipulated
price for the luxury of evicting a tenant. But within
this limit it is to be left to the conscience of the
assistant barrister to settle what the landlord ought to
pay. In any case where the tenant has ` acted badly,'
there is to be that which is facetiously called an ` equity'
of cutting down his compensation. We venture to
say there will be very few cases of eviction in which
it will not be discovered that the tenant will not be
found to hare• acted so badly that he will be disentitled
even to the miserable compensation provided by the
bill."

The Flag does not condescend to reason on the matter,
but observes that " The bill will add another illustra
tion to the hundreds already accumulated of the inutility,
the dishonesty, and the demoralisation of parliamentary
agitation. But, whether it passes or not, it proves the
utter incompetency of England, even when ruled by the
best-intentioned Ministers, to either understand or govern
Ireland, and therefore the claims of the Irish people to
self-government."
The Nation pronounces on the measure in the heading
of its article " Tinkering," but adds :—" The bill will, we
doubt not, be passed. It is too good a chance for the
feudal landlords to let slip, and their representatives in
the House of Commons, 'Tory or Whig, will be only too
eager to help it through. Already we can hear their
cry of ' Agreed, agreed,' and ' Pass, pass.' Already
they .are edifyingly assuring one another that it is a
' moderate' bill, a grand bill, a beautiful bill ; a bill which
will, no doubt, disappoint the ' extreme' party which
was represented at the Dublin National Conference. The
duty of Irish members, however, is very plain. They
must cast upon the authors of-this bill the whole respon-
sibility of their proceeding. They must tell the
Minister that this bill will not settle the Irish land
question. It must not be possible for any Eng-
lish politician ten years hence to complain that there
was any doubt or misconception as to the resolution of the
Irish tenant party in reference to this measure. Powerless
to mould its provisions or affect its fate in a foreign Parlia-
ment, that party can at least record a warning for all
whom it may concern, that this bill will be neither final
nor satisfactory ; that, whatever may be its merits as an
imitation of, or improvement upon, the statesmanship of
Deasy and Cardwell, judged by the dire necessities of the
country, judged by the emergencies of the present crisis
for Ireland and for the Empire, it is an abortion, a
mockery, and a cheat."
The Weekly News takes the same line :—" The bill must
be sent back to its framers, and instant action must be
taken on it by the people. The tenant leagues and agricul-
tural societies are bound to meet without delay, and record
the condemnation which Mr. Gladstone's bill demands at

the hands of the people's friends. Let the Land Confe-
rence meet again. The crisis has really come, and there
is work for it to do. The people must assemble in county
and parish, and tell the Ministers what they think of the
lame and impotent conclusion which has ingloriously ter-
minated so many fair introductory speeches. As a settle.
ment of the Irish land question Mr. Gladstone's Bill is a
failure. The sooner he is told so by the authoritative
voice of the country the better for the happiness of all."
On the other hand, moderate journals, both Conserva-
tive and Liberal, either generally approve of the scheme,
or state candidly that it is of a character to be shaped into
a proper settlement of the land question.

NAVAL AND MILITARY INTELLIGENCE.

The Army and Navy Gazette says that in no case will
the reductions which it is the intention of the Govern-
ment to effect fall more heavily upon individuals than will
the abolition of depot battalions upon those comman-
ding officers appointed prior to the 15th of December 1866.
Than this treatment it would be almost impossible to
imagine anything more unjust. Upon acceptance of the
appointment each officer received a positive assurance
that the position would be permanent, and a great
majority, after serving their country in various quarters of
the globe, wishing to settle down quietly at home, paid
large sums, varying from £l.OOO to £2,000 to obtain them,
under an expectation of retaining the same until removed
by promotion, or until such a time as they might think fit
to retire by sale or accept half-pay. Now, nolens volens,
the latter alternative is forced upon them without any
satisfactory equivalent.
The Army and Nary Gazette says that after the com-
mencement of the next financial year the regulations, cost
of lieutenancies in the cavalry and infantry of the Line
will be reduced to £450.

It appeais-i;YtlTe—iroad Brrow that the reduction of
second majors will only take place in cavalry regiments,
infantry battalions still retaining both majors.
According to the Moniteur, reductions are also taking
place on the other side of the channel, though not to a
large extent when compared with the magnitude of the
French army. Ten thousand men are to be
disbanded, it says, and the saving thus obtained
will amount to ten million francs. The Temps remarks that
this is undoubtedly something, but that public opinion
expected more. " If, moreover, other journals are to be
believed," it adds, " the effect even of this measure will be
lessened by General Le Bceuf's alleged intention to reduce
to the same extent the furloughs accorded to the soldiers,
in order to maintain the effective at the figure of 400,000
men. Is such, then, the European situation, which every-
body agrees in considering pacific, 'that we require to
have 400,000 men under arms ?"