The Sun.
London, England, 1860-12-25 00:00:00

TURKISR 7REA6U.RY BONDS.

The announcement from Constantinople to-day
that default will take place in the payment of the
£3,000,000 of Hazine Tavilis or Treasury Bonds,
Which were issed a few years back with a rigorous
Pledge that they should be redeemed in specie
during the present month, is calculated to damage
the position of the Turkish Government, while, at
the same time, it appears to indicate that the ne-
gotiation of the New Loan, of which professedly
the payment of these bonds was one of its main
objects, is considered a failure. The statement is
that an arbitrary renewal for three years has been
forced upon the holders, and that a great fall has
consequently occurred in their market value.
About two months back, when there seemed no
hope of Turkey getting fresh financial aid from any
quarter, these obligations were to be bought at 52,
but on the assertions that M. Mires, with the coun•
tenance of the Emperor Napoleon, had engaged to
*apply a loan of £16,000,000, and that the Turkish
Government would thus be relieved from impend-
ing bankruptcy, they rapidly went to 82, and many
speculative transactions occurred. The public,
however, were warned at the time not to rely too
Strongly that the payment would be provided for,
and the accuracy of the caution thus given is now
demonstrated, The affair must have a bad appear-
ance under any circumstances, but it might seem
less disagreeable if all suspicion could be removed
or its having been, from the beginning to the end,
concocted for special purposes.

THE WEATHER IN THE NORTH.

MANCHESTER.—There was a further fall of snow
on Sunday, but it was not nearly so heavy as that
of Tuesday night and Wednesday morning. As
Most of what fell earlier in the week remained on
the ground, trodden hard and slippery, most of the
footpaths And roads were on Sunday evening in a
'very unpleaeaut, or even dangerous state.
LEEDS.—The weather during the last few days
has been extremely cold—not so cold as during one
or two severe days last winter, but cold more con-
tinuously, and attended with more snow than for
Some years back. The lowest point registered by
a thermometer at Headingley, twenty feet above 25 myths and Tyne 10 per
the ground, has been during the night of the 15th, Ic. pref. (issued
32 dep. ;of the 16th, 28 degs. ;of the 17th, 26 20'1 !hiroie;i4to 10,,e4 P.ctstock
dep. ;of the 18th, 25 degs. ;of the 19th, 18; degs. ; stock Caledo'n ....,ilo,4airpeer centl
stock !DO. Quar. Shares, No. 2.
of the 20th, 23 degs. ; of the 21st, 221 degs.; of
the 22d, 19 degs.; and of the 23d, 15 degs. 61 ,Cork .k Bandon, 51 p. 0.
20 Cornwall. 5 per cent
NORTHUMBERLAND AND DURHAM.—The snow 6+ Dun.Perth&Aber.dt;n::
fell in heavy showers during Saturday and Sunday stock li..Airon.cclrllA!!7 p&5P.e.
morning in the counties of Durham and Northum- stock Inc; do. Classs' C 7 p:CC::: .•
berittnd ; and heavy showers came up from N.N.E. 881011 E. Coon. Ex. sp. c. No.]
at intervals during the whole of Sunday. The stock 111-loo.' Noe'w 6 pet ct.
stock.%.',zt2
..lzargcesnte. o•uhar...
!rind blew a stiff breeze most of Sunday ; and the stock Eastern Union, 4 per ct.
Immense mass of snow that had been accumulating ssrocet Egli'
from Wednesday drifted very considerably in the stock Do. 4 tits irtia.';. fie;
eastern parts of those two counties. If the wind stockc ilgirnn. Per Dun. 4 p.c.
should have blown strong last (Sunday) night the stock EGilas.7:: iv
5 per cent cvean.ts.p...c
traffic in those counties will have been very con- stock (Great Northern, sp. et
siderably impeded. Saturday was a bitter night stockstoe 1 lijo'.sricp' '''''c'dZ' ideoP'c'P m
on the sea ; and as the winds are adverse, it is very too I Do. sp.c. nedm. 5 P.c. pmE
probable that a large fleet of light colliers, with to Gt. Nh. of Scottd. Ist pf.l
Gt qn r
their crews, on their passage to the north, will stock P'. ci.`tp"r rsrteolcV d"
be detained in Bridlington Bay, and other road- 50 Great Weste(Berks ct
Steads, over the holidays. No steam ships have stock
roritpt,fl+l Exti,s p. ct. , ,
left the Tyne since Sunday week for London, and stock Do'. li(e'dteeemm'albllee:44lpPl:
the goods trade between London and the north is stock Do Irredeemable, do.e.
greatly obstructed by the long-continued bad stock Shareslp)oo..sl3pi.remt..ll4deetern. Prei.
•
'weather. 10 ,Gt. W. Ches. Bph
f
NEWCASTLE.—In Newcastle, snow fell during stock 'Do.
1;3 1' 5 r
m Po:. ,f. tti Parr estock
the greater part of Sunday, and towards evening Do. 2oi Chester 4,,ua- shares
astrong frost set in, accompanied by intense cold. 20'bo. (,;(,...1.0..
Despite the severity of the storm, the trains have stock Lan, &York 6p, c. stock
run with wonderful regularity, the only exception stock Do.Barnstst£s 3s 10d pc
stock Do. 6 per c. (E. Lan.)
being those on the south line, which in some cases stock Lon.& Brig. 5 pc.o. No 1
have been considerably detained by the snow. stock Do. sp. c. No. 2
EDINBURGH.—The frost has been keen for the stockstoe lit. ic.aa's 6m a No. 4
last two days, and on Saturday the ice on Dud- stock Do. do. 4fpaer cen'. ....
dingston Loch was sufficiently strong to admit of stocks 11-o. do. 4. pi,c.(4;dtares..
skating. It was not generally known that the stock i Dao: 764.c,10. (11v. .E."Pc.ii:)
loch was bearing, bat several hundreds were on the lDo.4p.c.S,(div.dettil '65)
stock ;Lon. Chat. and Dover..
ice in the afternoon. No accidents occurred,
stock 'Lon, and N.W. Cov. and
although a number ventured frequently on a part Nuneaton, sp. 0t„...
of the ice which was not considered quite safe, and stock Lon. & S.W, 7e. et, stock
Was enclosed with ropes. Most of the curling ;tsock 6d. Do. 43 per cent
Do. (Prtsm. perpl anus.
ponds were bearing, and the players turned out in
of 2s, (3d.
great strength. Between Saturday night and iv trfonnedoonneyeisi,lalie... t sh.i
Sunday morning there was another slight fall of stock Iran. Sh., &Lin. 6 per at '
snow, which served to increase the discomforts and stock Boo: qper cent
dangers of street pedestrians. The mail from the 10 Davydeem. 6 per cent
soutti yesterday morning was late several hours, but N ilonort & Car., 4p. c '
the lines are now, we believe, pretty clear, and the stock Mid.4tlLernepente. stock
trains may be expected to arrive with greater rega- stock Do.Con.Bris. & Dir. 6 p.c.
larity should there be no new fall of snow. Yester- stock
Do. 4}
I.4liitli eo'prtToeni. till 1860
alit
day (Sunday) the sun shone brightly, and last stock Do. Leto. & Hit. pref. f. s!
night was clear and frosty, with no indications of a
stock ;oorfik sp. c. Ex. st. 1846'
change. The barometer has, however, fallen con- stock Do:ss'kpit.Va jallell'xd.soi.llBB4477
siderably since Saturday, and now stands at 29 in. stock North British, sp. o.
1
GLASGOW.—For many years we have not sxperi- stock DonsoNewo,r.
i 3 711: SP.
t' 'sit s'
enced colder weather than now prevails, and seldom 1010/ Do. do.g. P do.
have we been able to state that snow has lain on stock Nth. Dev.l7 ail. &Dck.Co.
the streets of Glasgow for so many days in suttee- stocket N -Ea st.C9ns.Pref. 4p. c.
no. Bdeor.widcok, 4 p.c. Pref.
sion. On Tuesday night a very heavy fall of snow 'i; ir))
took place, and that was in no way removed— 20 Do. Leeds, 6p• e. No' I
except by the shovel and cart of the scavenger— gi Do. iroo.A?uart.rss,,
di Po4rBoil..
when early yesterday morning another fall of snow 20 North Staffordsitire....
took place. The frost also retains its power, and t(8), Scottish Guaranteed
yesterday was one of the keenest, coldest days this sloe Pee,Scot' Central,naeslivel?
season. This (Monday) morning, at one o'clock, stock 11 P.
pref. stock....
the thermometer stood at 10 deg., showing no less stock Doo:Apperdeenar.6p.c.
than 22 deg. of frost. On Saturday it sank to 6 10s, South Devoen,Prlnnstsk
deg., 8 deg. lower than on the previous day, which 1.0.6 Soul° Do. Fixed 44 per cent.
th Eastern (Reading
showed 18 deg. of frost. Yesterday, however, was
Ann , 1 0.6)
a very pleasant day, the sun shining brightly for stock 800. 41 per cent
some hours, the fog of the previous night having stock =outir.'i;aeiles'4„.,gu'eal4et is
quite cleared away. The footpaths of the streets stock Do. 41 per cent ' Ile'
were in a very slippery state ; hut, except a num- 25
..-oYerktslbire, 4 p. c.
her of falls, in which the parties were little hurt, 25 Do. B 6 n'ericAenst P` a—
no accident occurred. We trust the police will exert st2osck NiPa C 6 per cent
themselves to put a stop to the thoughtless folly stock Wa.ol -oKxifilkau6aP' a
of sliding on the pavements—a practice indulged stock Do. 2d do, st''''
in, ifct only by children, but by lads who ought to stock poo.lN_Tewport 5 p,aptred.
know better. The Clyde was frozen across Yester- L)
'l;{.Pettiln II C. pi mew
186 let is.
121 Do.
day between the bridges, as were also all the sheets do. 2d is.
of water in the neighbourhood, so that, doubtless,
if the frost continues for a day or two longer
skaters and bowlers will have plenty of oppor-
tunities for sport. Another proof of the severity of
the frost last night was shown in the street lamps,
most of which burnt with a dim light, and others
were extinguished, doubtless by the water which
has collected in the pipes having frozen.
HAWICE.—A considerable quantity of snow has
fallen here, though the storm hasnot been so severe
as it appears to have been on the east coast. It now
lies two or three inches deep on the hills, however,
and the frost on Saturday night was very keen.
Yesterday the cold was intense.
CRIEFF.—In this locality the fall of snow last
week is perhaps scantier than any other district in
Scotland, for the snow does not exceed two inches
in depth ; but to the north and north-east the fall
is much greater, and in the upland districts the
snow is drifted into deep wreaths, and the hills
which were green with pasture eight days ago,
have been again mantled with snow, causing sheep
farmers to feed their flock. Early on Thursday
morning, while snow was falling, several peals of
thunder were heard in the north-east, and numer-
ous vivid flashes of lightning continued to illumine
the horizon for several hours. The snow has been
accompanied with severe frost, which has put a
stop to out-doer labour, and labouring men, who
were so long idle with wet weather, have at present
to battle with the rigours of winter.
STIRLING .--In the neighbourhood of Stirling and
Bridge of Allan the late snow storm was not cha-
racterised by such severity as in many other dis-
tricts. The Ochil ranges have, however, been
-
rather deeply covered with snow. On Saturday a
numerous company assembled on Airthrey Loch,
at the seat of Lord Abercromby, where curling
and skating were enjoyed with great spirit during
the whole day. In most of the districts around,
the lovers of " the channelstane" were active on
the various lochs at their favourite and healthy
As time. -