The Sun.
London, England, 1869-03-01 00:00:00

THE SUN, LONDON, MONDAY EVENING, MARCH 1, 1869.

SHARE LIST.

,AlO Jti,“.•.A.13 AND BTOCivo

Paid. ClOB ing BUsilieei
,efire 4s.liway b. Friee. clone.
81 Bristol and Exeter ...... 100 77 79
at Caledonian llO 75 77 761 11 1
8 Cazoortati
20 Cornwall ' all 2
st Dublin itt Beliamt Juno lOO 77 79
fit Den„l'erth, Ab• June lOO 70 72
2/ East London all 7 9
tO 1,0 16
2) Do 10
,t Glasgow it S. Western 10i; 98 100
st Great Eastern ..
st Do. E. Aug]. So. L l4O 7 !I
t GrcatNortliul 6coth:nsl WO 1$ tl
st Great Northern IOC 107; !OS; 108
st Do. A stud ...... ill :04; 165 103 1
it Lo. 1•25 1:7
at G L;S, anti iv'. 01 7
e• Gt. Vccfitein 192 i 9. 491 i I
south IVAies
8t I JO. W .
' LAO. I‘i e wvoi t iuo
.t Lancashire& itn WU 141 1:61 12/1 41 5
fit Lou., ill-404.04 110 5 1 501 601 1 E.l
0: DJ Scrip
-on., coo ivy 111 171
it DO. Aletrop.
st Lou. 6z :North Wusiial lut) 1141 151 11'1 1
. t Lou. South Wefitel.„„ i.A; 8, 90 1:81
61 541 1;0
it Aitqropolitsat ... • lto 1041 116 106 I 1
st Do Extousl 1,1 1 0 10, ti ;
10 k iv. :A. .. 14) 1 1
St Diets 4,1. 45 1,4 g 5!I
lo Metro? ,t. John's Ico 6
Ito 11:1 171 118 171 1 1
st lu, 85 b 7 811
st N ;ad i.tritish
St Llo. flit.,
st I\ or. ,;I,tern—bei wica.. Ijo 100 it 4 13 .4
25 Do. ii. ti.E purchs,a
at Do Lf.,.cds ...... ........ Ivo CO 6:
at Do York
st Do Carlisle .
st Do Stoe ICO 181 i 34
st North Lon lou
10 Do New 16(8 . 2 11 2 p
st North Stafforashlro 59 6U
st North and S.-W. Jnuction 100 102 101
10 Do New £lO sharos.l 7
st Rhyinney
st Shropshire Union I 0 58 5J
at Suutn Devon
at South Eastern lOO e 2 8 4 7)k I
st Staines, Wolehain,,t Wok all 10 10
at t
.• • u 3
aterioro. alt Kiiktuicy „. iuo
lu iti J.ICIIOO Os Whiteha

RAILWAYS-PREFERENCE SHARES AND STOCKS.

at Bristol and Exeter 4 p.cent. 100 86 88
st Caledonian ears., No. 2 lOO ... ••.
at Do. Scot. N.E., 41 per cent lOO ••• ...
at Do. Aberdeen, gua, 6 p.c lOO ... ...
at Do. do. 7 per cent lOO ... ..•
at Do. do. Ordinary lOO 80 83
at Do. Midland
st Do. Dundee and Arbroath 100 ... ...
20 Cornwall, 5 per cent gua all ... ...
[Ai Dundee, rerth, and Aber-
deen Junction lOO 105 107
at Do. Ist Class preference lOO ... ...
st Glee. d S.W. gua.s per et lOO ... ..•
at t4t. Eastern, E.C. Ex. No.l 100 99 102
at Do do N 0.2 100 98 100
at Do du 6 per cent 100 IU; 112
st Do East Anglian Asp. c. 100 ... ...
st Do du B 6 do. 100 ... ~,
st Do do C 7 do. 11)0 ... ..,
at Do do No. 1, 5 p.c. 100 ... ...
at Do E. Union 4 p.c. gua. 100 71 73
st Do Nor folk 5 p.c. Ex. 1846 100 ... ...
at Do do 5 p.c.Way.Val.lB47 100 ... ...
at Great Northern, ()per cent 10 ... ...
st Do 5 p.c., rd at 1U p. c. pm. 100 ... ...
at 2,:D0 4, do do du 100 ... ...
at Do 5 do at sp. c. pm. 100 ... ...
st Do Leeds, Bradford, and
Halifax, 6 per cent lOO ... ...
atj Gt. Nrth of Scotland, Ist pf 100 ... ...
at, Great South. and \ Vesteru
(Ireland) 4 per cent lOO 96 97
at; G tWest.— Orig.& Jnt.-11ent
chg., per gua. 5 p.c lOO 103 103
st Do. Orig. (B. it H. Ex). 5 p.c lOO 95 100
at Do do 4, per cent. 1850 lOO 88 9)
at Do do 4 do do
st Do do 5 per cent. redem lOO 9i 97 57
at Du do Birmingham gua lOO 60 70
at Do do do pref lOO ... ~,
at 1)u do Chester gua lOO 72 76
at Do do do S per cent lOO ...
at Do do do 5 do 100 95 100
at Du South Wales, gua. 4 p.c. 100 ... ..,
at Do do 41 p.c lOO ... ~,
at Do do 41 1859 lOO ... ~,
at Do do 5
at Do West Mid. Oxford lag lOO 111 116
st Do do 2d gua lOO 110 112
at Do Newport, lstg.s p.c lOO v.) 9 i
st Do do 20 do 100 100 103
at Do gua. 51 per cent. 1563 100 ...
...
100 Lancaster & Carlisle 41 p.c. all ... ~
st Lancash. & Yorksh. 6 p.c. 100 1 • 135
st Do Barnsley, £5 aa 100 p.c. 100 ~, ...
at Do 6 p.c. (East Lancashire) 100 130 135
st Do 41 (Blackburn purch). 100 sd 102
at London & Brighton, 5 P.C.
guaranteed, No. 1 lOO ... ...
at Do 5 per cent. gua. Nu. 2. 100 ...
...
st Do 6 do do lOO ~,
...
at Du .5 do No. 4. 100 ... ...
at Do 7 per cent l,O ••• ...
at Do 6 do (W .E. & (LP ) 100 •
~,
••.
at Do 4 do 1859 lOO
... ...
st London, Chatham, & Dover
5 per cent lOO ••• •.•
st London and 1;.W., C. and
Nuneaton 5 per cent lOO 10.) 111
at Do Bedford .0 Cambridge lOO ... „,
st Do Shrewsb'y & Welchp'l lOO ... ..,
st Loudon and :....-W. 7 p,c
late 3d share,:
2a Gd. Du (rortsuo. perp ans. 2s6d) all ... ..,
st Man., Slid., &Linda. 6 p.c. 100 llt 117
6 Do .E 6 all par 1 pin
at Do 31 per cent lOO 60 65
10 Do redeem. 6 percent. 5
st Mid. Consolidated., 6p. c lOO 133 140
at Do Briatol&Birm., 6p. c lOO 133 136
at 1)o 41 per cent. redeem lOO 10) 102
' at 1)o 41 per cent. irredeem lOO 100 1 2
at Do Leicester & Irchn, 4.p.e. 100 90 92
at North British, 3 p.c. No.l lOO ... ..•
at Do E. it G. 4p.e.S. & D lOO ... ...
at Do N. 8., N 0.2, 5 per cen.t.. 100 ... ...
at Do Border Union, .51 p.c lOO ... .. ;
.- at NEaatern—Cous. 4p c lOO 86 8i -
at Do 4 per cent. rode.;: lOO 95 97
at Do Li .N.E. 4 per cent., lOO ... ...
17 Do Berwick capital 8 13.4. ... ...
101.065.
5,..
2 Do York, IL& S. purchase. 10 10 Di
a Do Stektn & lining. & 5 p.c. 100 103 110
~.,a Devoniat .
(ad. Annuities, . ,
st Do W, Hartlepool ti. and It. 100 87 8.)
20 North StutTordshire
lus Do Ta.vistock Anus., 108
10a Du Fixed 41 per cent
11.08.'6 ) all
il
2924 12034
all 8 9
at Do 41 percent lOO ••
at Do Fixed 41 per cent • •
..
at Taff Vale No.l lOO , ~.
at Waterford &liiike 100 145 1.50
tiny, 6pc NO 41 43

RAILWAYS.—PREFERENCE SHARES AND STOCKS.
With Dividends contingent on the Profits of each separate year.

at Caledonian 41 p c gun.
st tio Scot.Ueu. min. 7p c lOO
st Do 41 p irredeetn all
st Do 4p e eon. issued at 80 65
st Great Lantern 41 per cent. 100
at Do 5 du, 1862 MO S.B
st Du New 5 do, 1863 lOO 87 59
st Do do 5 do, 1864 IOU 82 86
st Great Northern, 5p c irred lOO
at Du Permanent 5 per cent lOO
st Do Boston & Stead, 41 pc 100
st Great West., W. Nlidl., 5p c 100
st Do Joint I.erpe. 5 p c,1865 lOU 86 a 3
at Du du 6p c irred., 1866 10) 106 103
23 Do Vale Neath perp. 5p c all 19 20
at Kent Coast, 6 per cent, B lOO ...
5 Lane. and York. New 41 per
cent till July, 1871 2
st Loud., Brig., &c., 41 pc, 1858 100
at Do du 4 do, 1860 100
at Do do 41 do, 1861 100
at Di do 41 do, 1863 100 ...
st Do do do, 1865 100
st Do No. 6 5 du, 1866 100
st Do No. 7 sdo
st Loud . Chat., &c., 2d, 6 p.c 100
at Du Metrop. Ex., B 6 p.c 100
Do do C 6 p.c
st London& N. Western, 5p c 100 10; 111
at Loudon &S. Western, 41 p c 100 94 96
10 Mau. chef. &Lin., 5 pc, 1865 all 881
at Metropolitan u per cent lOO
at Midland, A 5 per cent pref lOO 10 i 110
at Du B 5 do 100 108 110
is •Dos p c opt. to COOT. to
Ord. Stk., Sept. 1, 1860 all 21 211
18 Do Incony. New Shares all 194 191
22 Do 5p c eon. into Old
Stk., Aug. 31, 1872
at North Britisu, E. and (4-

- No. 1, 5 per cent ... lOO
st Du £lO guaranteed, 1661 100 ***
et Do E., P., & Dun., 2d, 4pc 100
St Do L.&U, No. '2, 5P.c 100 "'
st Du N. 8.. 5 per cent, 1662 100 ***
"'
st Do E. & U., N 0.3, 5 p.c lOO *" '"
st Do E. & (Ordiry) 41P 100 •• •••
st North Eastern, 44 per cent 100
st Do Stock. & Dart., n lOO i "
113
st North Loudon, 41, per cent
(Max. 5 per cent)
st North Staffordshire 5p e lOO
st South Eastern, 41 pe, 1859 100 •"
st 5 do 1861 100
st Do sdo (Oh. Cross) 1663 100
st Do 5 do, 1664
st Victoria St.& Finnic°, 41 pc 100

RAIL wAYS.-LINES LEASED AT FIXED RENTALSJ

I(7,[l3lit.'l4lrial cent. Prefer :II:701001 1104:31: 1!-13:2
esS
ttt
Chesterß Uve ko .i t 1 g
al 1
:a 11 la s h
Holyheadirdco.
.. .
st Do. 6i per cent.
100 117 112
et Clydesdale, guaranteed lOO
... "'
et Colchester Stour Valley
:.
st East Lincoln, km 6p. c lOO 14, & 1:;f1
20 Gloster and Lean Forest all .
a Gt. ESSU., NOSTIII.,&c.,b p.c 100 " •':
s Do. E. U. Harwich, 4 p.c 100 13; 72
st 1)o. do. Woodbrg.Ex., do. 100 69 72
fit Gt. West ,W. Mid., Heref 100 98 100
50 Hull and Selby all 111 113
st Lancaster and Carlisle lOO 216 22)
at London and Blackwall lOO 94 98
st Do. 4,1 - per cent lOO ••• .„
st London, Coat., itc., pc. 100 ...
..
st Do. Corn. Fund, sdo 100 . . • -
at Loudon and Greenwich
ofDu. do Preference lOO •••
a: ...
at Loudon, Tilbury, South 100 81 b 3
st Lowestoft, guo, 4 per cent—. LOU 3-0 82
st Do. do. 6 do.
. .
Si Mauch., Buxton; & Matlk all 6 4-,1
st ;Midland, bradford, Pref lOO 93 94.
10 Mid lient Cray Line)
10 Northeruk East , 5 per cent all bil bd
1,,) Du. do. 6 du. all ...
...
st N. Easter,'--Hartlepool
...
st N.West. A peril. prel, sp. c. 100 10, 110
st Du B nuninnun 1# p.c lOO ...
...
st Notting. &Grauth. lt.s; C lOO 92 ,b
25 Preston and b% yre • . ......... all 41 48'
. Royston, Hitch.' and Shep. 100 133 138
st Shrewabury audllereford 100 133 lib
10 Do do 8 21 7.p
at S. Yorksh. and hirer Dun 100 98 100
st Dc 4 per cent gua lO 79 bi
st Do i do
st Viet. Station and Pimlico lOO 175 180
at West CornwallC
00
61
14 14
L 7
20 West Loudon, lass Al
z 0 Do du B all ... ...
20 Do do C all 61 %
St Weymouth and Portland lOO ... ...
at Wins and Somerset lOO r 1 83

DOCKS.

st East and West India lO3 120 123
st London and St. Katherine lOO 4s) 61
100 D oDeb. stork, 4 per cent all 48i
Milligan Freehold Land
100 31 33
st Dock
st Southampton lOO 76 76
st SuiTay cgllllll‘Vi4l
4 AS 60

JOINT-STOCK BANKS.

Closing Business
Share NAmE. Paid. Price. done
10 Agra Limited, A all 114 121 121
)419i_ Do B lO 41 5 44
50 Albion
100 Alliance. Limited
20 Anglo-Austrian
20 Anglo-Egyptian, lint all 191 '2 1 201 191
20 Anglo-Hungarian
20 Anglo-Italian 1866, limited 10 6 5 51
40 Australasian
20 Bank of British Columbia all 1) 12
.20 Do issued at 2pm ~.. 5 ... ••••
"25 Bank of Egypt
20 Bank of Otago, lint,
25 Bank of South Australia all 80 32
So Bank of Victoria, Australia 25 87 39
10 Bank of New Zealand all 17 18
50 British North American
20 Chartered of India, Austra-
lia, •nd China all 21 22
25 Chartered Mere. of India
London, and China all 81 82
20 City 1 i 11 12
100 Colonial '2s 39 4l 491
10 Consolidated, lint.
50 Delhi and London, lint
East
isLho
aniloinA,
m 1 1 nelrica
n,
lira
105 1? !I .1;1
520° EE
20 English Bank of Rio de Ja-
neiro. lira lO 1a pr
20 English, S:!,ttish, and Aus • .
traltan Chartered
281 Hong Kong and shanzhai
Bank Corporation all .. ...
281 Do new 54 i
109 Imperial, tins 2O 17 18
20 Imperial Ottoman lO 2 z 1 121 i i
.5 lonian all 25 '27
25 Do new 5 pr 1p
20 Lnd Mortgage of India, lien 4 at 3.1
100 Do sp. c. Dehs.lB64, 30 all 76 75 7 3
10 London Bank of alexieo
and South America, lint. 20 6 4
100 London and Brazilian' lint. 45 32 'lB
20 Do new7l 61 6,1
100 London & River Plate, lint. 40 6 8
25 Do new 10 2 1 121
20 London Chart. of Australia all 221 231
50 London and County 2O 491 501 52 11
20 Do new, iss at 20 pinlG pd ll ... ...
Loudon Joint Stock, 1 XL 83 33
London and South African al I ' 12
100 London & S.-Western, litre, '2O ... ..•
50 London & Venezuela, Him:. 121 -••-•
100 London and Westminster 2O 61 6i 65
100 Do Scrip, iss at 10 pm 2O 59 61
100 Merchant, lim
10 Metropolitan, lint .•••••• ' all 64 7i ,
100 Midland, 1int..... .
5 National of Australia
25 National of Liverpool Rm. 15 3 1 d
100 National Provinc. of E tied 42 ...
10 Do
10 National., SO 46 48
20 New South Wales all 42 43
20 North-Western 7l
2505 Orientrro vivacl. B taß
annkk
.Ccoorrppoor. a, tl ii on
in allol 4,3 455
100 Provincial of Ireland 25 87 69
10 Do ••• •••
100100 D
Stand.o
o f Brit.
issuedAfrica,nS.evrat6 pii
li. oim a 11125 !. 5 1 !
1005205 TJUlTattiniiooonun oo4ALlruoesaltda,rousaldi7..
lint
1a25121
1;6 •
48
3•
7.
si
;I

3IISCELLANEOVS.

10 Anglo-American Tel., lim all 221 22A 22f
10 Anglo-Mediter. Tel., lim ;10 13
10 Anglo-Mexican Mint all 161 171
st Atlantic Telegraph lO 83 35
st Do. 8 per cent. lOO 81 88
25 Australian Agricultural
25 Australian Mort. Land and
Finance, lim.
10 Baugarah Tea Estates, lim 9 7 64
10 Berlin Water Works, lien all 141 141
10 Do. New ... .
100 Bolckow Vaughan, lim.
5 Bombay Gas, lim.
5 Do. New 4 11 1d
5) British American Land 44 16 18d
st B. and I. Magnetic Tel., Rm. 100 16 .in
20 British Indian Tea, lim all 2 6
20 British Ship Owners 74 ... ...
29 Canada Company all go 65
10 Canadian Loan and Invest-
ment, lim
20 Ceylon Company, lim.
20 Do. A shares
10 City Discount, lim • 41 31
25 City of London Real Pro-
perty, lim
30 City of Milan Improy. lim• all blO
25 City of Moscow Gas, lan all 2 3
50 City Offices, lim
50 Colonial, lim.
Do.
... ...
50 Commerciai. linion (Assur) 4 1 ..
10 Company of African Mer-
-1113
chants, lim.
20 Continental Union as, lint all .
18 19p
25 Copper Miners of England,
pref. 7i per cent.
100 Corporation of London
Bonds, 1577, 4/ per cent, all 104 105
100 Do. 1879, 44 per cent. all 1041 1051
100 Do. 1882, 44 per cent. all 1031 1041
10 Credit Fon. of England, lim. all 24 21 2 4
50 Credit Fon.of Mauritius lim. 10 34 2441
it Crystal Palace
st Do. Preference lOO 94 23
at Do. 6p. c Pexpetual Deb lO9 106 11U
20 Darjeeling, lim.
10 Eastern Assam, liM• 6l ::: :::a
50 East Indian Land Credit
and Finance, lim.
20 East India taiga. & Canal all 17 as
32 Ebbw Vale Steel, Iron, and
Coal, lim.
100 Egyptian 9 per cent. V'roy.
(Ina. by Egypt. Gov all 941 951 ill I
20 Egyptian Com. & Treed. lim 6 41 4(.1
st Electric 6; Inter. Telegraph 100 250 260
10 Do. New 8 12 14p
3 Eng. kt. Austral. Copper, lim 21 1
15 English and Foreign Credit 71 6 41
100 Eng. and Scot. ilarine, lim 8
10 Fairbairn Engineering ‘ If itu
20 Fore-streetWArehouse,lim l2 pr 1
100 For. & Col. Got. Trust and P
_ _ __

issued at £B5 all2ci 88 89. 88
15 General Steam Navigation 14 23 29
50 HOM 2 & COI Marine In. lint. 5 41 aid
avanrS:lC'errejimpdit & Die., lint 7l 14 l: g
20 Hudson's Bay
5:
00
General6l I'
1 Loan
20 Imperial Land Co. of Mar-
seilles, lint.
25 Indo-European Tel., lint lO .4., •;', ..,
10 Hong Kong and China Gas
all
Th. j
if
111
20 Interns.. Financial Soc. lim 5 lit '441 '4
20 Interua. Land Credit, lint 6
1
50 Italian Laud I 1 14
• $ 31 31
20 Italian Irri. (Canal (favour) all
100 Do. 6p. c Bds., redeem 1 4
1870, issued 90 all 62 r 4 68k
50 Land Securities, lim 6 31 ltd
a
95 Loudon African Trading lO 7 5,
25 Lou. & Ceded. Marine, lim 6 ••• ''''
10 London County Laud and
_d
64051 ProvincialLLLoooDunnid....Gen.o i jbu'sre.olt.,3liiumi.
attllll 31 31
10Apsseor.,cleingna.
3aoll
.7il
.724 P 2
.sl6
Building,
Financial
Prefer.m
50 Lm Mauritiusli
aioceandrdd .eir
at
he andarrsnt.
Irriga.sG;hilniaptd sepd:gi
aci .
Cu. EngineerrTgae
uedllii.tm:Gla.ivamn d...
aa
ll
li
81
87
and Iron Ship, lint 25 22 lid
20 Loud. & Provincial Marine 2 10 pr
sp.c. by India Gov. lOO JOS 104
5511000
Agency, lint__
50 Millwall Iron Works, lint 121 ••• "•
222105:
NNN NationaleaurttiaboiunaCLadloaa CalDiscountioouvaa'.n.l&d Colonisa-
tionro . ,
Marine :
11l
iii m. 6946 1111354 11,322: d5..11:1 111
10 National Steam Ship, lint, all 81 a
10 New Consolidated Die. lint. 8
sNew Qu obrada,
25 New Zealand Loan & Mer. .
cantile Agency,lim
25 New Zealand Trust and
Loan, 1int........,
10 Northern Assam Teil., lint. 5 7 7,
10 Do. B ..................... all 1 -
st North Brit. Austral., lint lOO 47 82
50 North Brit. & Mercan. Tn 6l 19 23
25 Ocean Marine (Insurance) 5 121 13
50 Oriental Financial, Um ll
5 Oriental Gas, Tim. •• all
71
5 Do. New ....•.. 1 f iP
10 Otago and Southla .. Itt•
vestment, lint
5 Ottoman Gas, 1int,,,,,
10 Panama, New Zealand, and
Australian It. Mail lint all
g Do do• ............ all 0
at Peel It. Land & Miner', lint 100 32 85
50 Peuiusu. & Oriental Steam all 49 31 50
50 Do. New 1867 lO 10 pr
25 Reuter's Telegram
50 It hyruney Iron
15 Do. New ll 11 61
a
25 Rio de Janeiro City Im.,liin. all 19 .2-) 211
all 11 21
20 Do. Gas, lint all 234 241
100 Royal Mail Steam
.. .
st Scottish Aust. Invest., lint lOO 85 90
at Do. 6p. e. Guar. Pref lOO ••• ~,
,
20 Societe Fin. d'Egypte lint. 10 7 `'`i,
20 Societe Gen.de l'Empire Ot. 8 21 81
50 S. African Mort. & Inv., lint. 6 "
•.,p i
"1
25 South Australian Land
st Submarine Telegraph
,114 110
I Do. Scrip all 1 11„ ,
20 Telegraph Con. & Maiia.,litn all 181 19 4';
18
20 Thames and Mersey Marine
(Insurance), lint 2 8 81
20 Trinidad Petroleum, lint Bl •••
TO Trust & Agency of Aus.,lim 1 f Ip
10 Do do. do. all ... ...
20 Trust & Loan Co., U. Canada 6 I IP
50 Union Marine L'pool, lim i 41 5 p
20 Union Steam Ship, lint all 22 24
15 United Discount Corp., lint 6 11 id
5 U. Kingdom Tel. Co., lint,
alla 54 6/
5 Do. 10 per cent. Pref. 84 4/p 81
(,In l.), lint
311
/2
p
a lam
sr Ti
Landee
251 61 71
00 Viceroy of Egypt,
7 per
821000
vtjapnp UniversaleDriAerns saMauma,
cent. ( Mortgage) Loan all 781 70 79 i
10 Warrant Fivanoe, lint. . 12 12 100
50 West India and Pamll c
Steam, lint ................
20 West London Wharves and
10
Warehouses

COLONIAL (10VICUNMAINT SECUItITIE6

- British Columbia, 6 per
0ent.,1872.. .
- Do. LW lOO
Can.tiov.6 p.c.J July
1877-84
Do, 6p. 0. Feb, Aug lOO 11.3
Do. sp. 0. Mar. 4,1, Sept lO9 116
- Do. sp. c. Jan. 4t July lOO 4.3
- Do. sp. c. Inscribed 69 ICO 99 1,2
- Cape G.l.lope, 6 p.e.1073" 100 102 101
- Do.Apl.dzOot 1890-1900 lOO 111 113
Do. do 168040 lOO 107 109
- Do. Jan./41July, IEPI •—• 100 108 lit
Do. 5 per amt. 15 Aprii
and 15 Oct., 1900 . 100 100 102
- Ceylon, Nov (878, 6 p.c - 100 108 to
Do. 1872, d 0.... 100 105 107
- Mauritius, 6p. a, 1873,..
Jan. and July
Do. 1878 ........ •• 1.0 106 LOS
Do. 1882, May and Nr • UO 106 108
Do. 1845, Feb. /tc Aug
11,ibournn Clrporatu.,
1887-75, 6 per cult
N.11.G0v,6 p.o.Ja.&July•• 100 103 1 4
Natal 6 p ct, Apl& Oct lOl
- Do 6p c„ Alqy & NOV l.O 1(6 100
N. S. W. 5 p.c., '7l to '7l lOO 99
- Do. 5 p.c. 1888 to 180' • 113 tti 9, I
Do. 5 p.c. rd. 67 to 'is. •
N.Zealand, 6p. ot.lBo lOO
Do. 5 per cent.• • •
110
DoJan, Aprl,ll4, 0 t..• 11.0 93 c 4; 641
• Do 6p c. Mar Jr oept `91.• 100 108 110
Do Juue ca Dec , 1,91
Do prov.. 1 AL.cxld. j _
- ( rie 12, 1690 .• .•
b.ova Scotia 6P. 0•Jau•••
and July. 1875
- Do 18h6.• •••• IOO 101 103
Queenslnd. 6p. C. '6'2 •• 100 10E1 101 107
Di)00.1869
110000 I_os. 1082
- $ do. Az .• • • 100 108 110
Do rd. Lt 94 ..• ••••••• mi. 103 107 108
Victoria, 6,p.0. 16914. N.: 100 113 W '

SPIRIT OF TEE PUBLIC JOURNALS.

The Times remarks that the army estimates of the pre-
sent year have been anticipated with more than ordinary
interest, and forestalled with more than ordinary confider co.
No very ambitious programme of reform is propounded in
these estimates. They do not even imply or foreshadow
any important alteration in the relations between the
regular army, the militia, and the volunteers ; still less do
they indicate any departure from English principjei of
military organisation. At the same time the measures
they presuppose will assuredly facilitate the introduction of
salutary improvements into our system. National defence is
the question that preoccupies and ought to preoccupy the
mind of an English 'War Minister. The Times combats
the principle maintained by some politicians that Great
Britain must lose her place among the nations unless she
is prepared to compete with the overgrown armaments of
foreign Powers. If our national existence depends upon
it, we must either resort to conscription or raise by taxes
whatever may be required to support a force of 300,000 or
400,000 combatants, recruited by voluntary enlistment, in
a country where the cost of labour is excessive. But we
confidently deny that our national existence, or even our
national honour, depends upon these conditions. That
which commands the respect of warlike neighbours, and
constitutes the security of a free country against aggres-
sion, is not only the strength of its standing army, but the
porsession of irresistible resources, both moral and mate-
rial, capable of being called forth at the shortest notice in
case of emergency. A reduction in the visible military
force of these islands is consistent with a vast augmenta-
tion of the reserve forces in which consists their last and
almost impregnable line of defence. To reconcile these
distinct but not conflicting objects is the first duty of
the House of Commons in discussing the army estimates.

The Standard thinks that Mr. Gladstone will hardly
feel himself strengthened for the work he has in hand by
the fact that the accredited representatives of the English
Church, through her bishops and clergy assembled in
Convocation, have formally recorded their judgment
against the policy of disestablishment and disendowment.
Enough has been done by the addresses from the two
bodies representing the bishops and clergy of the Church
of England to convince the Government that the clergy
are, with very few exceptions, rootedly hostile to their
policy in regard to the Irish Church. It is vain
to seek to minimise the importance of this fact,
or to laugh out of court the channel through
which it is made manifest. Convocation is the only
appointed organ of the clergy known to the Constitution,
and although its representative system needs expansion,
it has as much right to speak for the clergy in the mean-
while as the House of Commons had to speak and legislate
for the country when it was elected by the ten-potmders.
It was never so active and vigorous as it is now, and never
since its active life has been restored has the honour of a
seat in the representative chamber been more earnestly
sought or more keenly contested. The result, as we have
seen in the action of the two provinces last week, was the
election of a clerical Parliament which has signalised the
first days of its first session by recording its unfeigned
reprobation of the Church policy of Mr. Gladstone.
The Daily News says that Bridgwater, that ancient and
unrepentant roue, grown hoary in all the trespasses and
sins of electoral corruption, has now, it may be hoped,
filled up even to overflowing the cup of its abominations,
and is destined to the fate, as it has long gone the way, of
Yarmouth. There is a rugged simplicity in the confes-
sions of those sturdy Somersetshire rustics and " retired
mariners" on the banks of the Parrott which, as
extremes meet, almost deserves the name of honesty.
The borough has been convicted before, but whether
from despair of recovering a good name (if it ever
had one), or from an innate vicious propensity,
or from that obduracy which is so commonly found among
criminals who have been convicted and released, and recon-
victed, it seems never to have set all the outward decencies
at defiance with such roystering cynicism as at the last
election. The result has been that even the most lenient
and indulgent of election judges has unseated both
members, and signified his intention to report to the
Speaker the prevalence of corruption in the borough,
although he has accepted the declarations of Mr.
Vanderbyl and Mr. Kinglake that the corrupt practices
which have forfeited their seats and saddled them with
the costs of a petition were as completely unknown to
them as notorious to everybody else.
The Herald refers to the immense sums that-are spent
in elections, and asks, Are we, then, to rest contented, and
to sit still under the knowledge that without an expendi-
ture every four years, on an average, of thousands of
pounds, a man cannot procure and retain a seat in the
House of Commons? It is simply impossible that the
moral sense of the earnest and reflective portion of the
public should not be exasperated by the increasing difficul-
ties which beset men of moderate means, even if of rare
or splendid abilities, in their natural and laudable
ambition to serve their country and exalt their own
fair fame within the honourable walls of Parliament.
But we maintain that the State is a greater loser by far
than Cc individual could eser be. Everything that deters
good men from seeking admittance to the House of Com-
mons, or that gratuitously bars the way when they do seek
it, is a national mischief ; nor will the nation be compen-
sated by their finding openings fur their intellectual energy
in the very highest forms of journalism. Once let the
press become too obviously and glaringly a better exponent
of cultivated public opinion than the House of Commons,
be.transparently a more favourite medium for thoughtful
expression, the chosen or even accepted field for the pro-
mising brain of the generation, and once let men become
accustomed to regard Parliament as an inferior political
tribunal instead of the highest political tribunal in the
land, and we shall have seen the beginning of the end of
real representative government. Men will not long endure
to be ruled by their inferiors. We want the best of the
nation in the Legislature in order that the rest of the
nation may gladly and without humiliation acquiesce in
its decision.

The Star declares that the present Government has come
into power pledged to effect large and immediate reduc-
tions in the public expenditure ; and Mr. Childers's
presence at the Board of Admiralty has been considered
by the public generally a guarantee that the promises of
the Liberal party while out of place will not be forgotten,
so far, at least, as the navy is concerned, by a Liberal
Administration. The navy estimates, which have just
been presented to Parliament, and as published by order
of the House of Commons, contain Mr. Childers's fulfil-
ment of his pledges. On the whole, we think the spirit of
clearsighted and prudent economy exhibited in the details
of the financial policy unfolded by the First Lord of
the Admiralty will gratify, even though it may not
altogether satisfy, the anxieties of the British taxpayer.
Of course, it was not possible for Mr. Gladstone's Govern-
ment, having acceded so lately to power, to deal as
thoroughly as the public desires with the expenditure of the
country. In the navy, and the departments subsidiary to
it, where great numbers of men are employed by Govern-
ment, it is peculiarly difficult to pursue the work of
retrenchment quickly. Notwithstanding these obstacles,
Mr. Childers has been able to effect a very substantial
saving, as the estimates shew, without materially touching
the efficiency of the service. Important, however, as the
reduced expenditure is in itself, it is still more important
as evidence of the spirit in which the. Liberal Government
have approached their work, and of their resolution to
do that work thoroughly.

The Telegraph, in remarking on the Saurin case,
observes that the rivalry between secluded life and the
life of the world is no mean war; it is almost as old as
society itself. But time has produced great changes.
There is not a single unchanged mediaeval institution in
England or elsewhere, intended for perpetual good, that
has not fallen away from its original idea and become a
ghastly skeleton or a kind of mummy, intact because it is
guarded from the open air. Our endowed schools, our
universities, our local charities are home examples ; and
the evil is not confined to convent walls. For
it sets a stigma of comparative irreligion on
all without, and does its best to make the great
majority of the Christian world feel that from
them a lower kind of morality, a less pure religion, a less
ardent devotion is expected. The Sabbatarians err in the
same way when they so emphasise the holiness of one day
in the week, that their hearers half believe sin and world-
liness to be natural rather than otherwise, from Monday
morning to Saturday night. In protest against that
Puritan falsehood—in protest against the Popish doctrine
of peculiar sanctity within a convent and a kind of license
for worldliness without—the true creed is, that if religion
is to be the real guide of our life, it must guide it all ; it
must make our public men disdain ignoble party decep-
tions ; it must stand by the merchant, the city man,
the shopkeeper, and forbid fraud ; it must be as potent
on week days as on Sundays ; it must guide even Pro-
testant clergymen and Popish nuns iu their controversies
and disputes.

GREAT FIRE IN NEW ZEALAND. Letters re-
ceived from New Zealand record a great fire breaking out
on the 7th of December at Timaru. It happened that a
strong gale from the north-west was blowing at the time,
in consequence of which the fire spread with amazing
rapidity, almost entirely destroying the town.
THE CASE OF " Sex gni v. STARR."—The Lord
Mayor has received the following letter from a gentleman,
benevolent in his intentions, mild in his complaints,
who acted as one of the jurymen in the convent case which
has just been concluded :—" As one of the unfortunate
12 on the jury—` Sauna v. Starr '—l beg to hand you, for
the benefit of the poor box, a juryman's fee of one guinea
for 20 days' attendance. I enclose my card, but would
rather my name did not appear in the acknowledgnentol
the sum. To the Right ton. the Lord Mayor7-Attuidv
ZISQ: Zdrii.XY Ut",