The Sun.
London, England, 1869-02-22 00:00:00

THE SUN, LONDON, MONDAY EVENING, FEBRUARY 22, 1869.

JOINT-STOCK BANKS.

Closing Business
Share NAME. Paid. Price. done
10 Agra Limited, A all 11* 121
I') Do B lO 41 5
50 Albion
100 Alliance, Limited
20 Auglo-Austrian
20 Anglo-Egyptian, lint all 1 • 19 10
20 Anglo-Hungarian
20 Anglo-Italian 1866, limited 10 6 5
40 Australasian
20 Bank of British Columbia all 10 12
20 Do issued at 2 pm....., 5 ••• .. I
25 Bank of Egypt
20 Bank of Otago, lint.
25 Bank of South Australia all 31 3 i
50 Bank of Victoria, Australia 25 37 32
10 Bank of Aew Zealand all 17 19
50 British North American
20 Chartered of India, Austra-
lia, ,- ud China all 201 211
25 Chartered Mere, of India,
London, and China all 29 301
20 City
100 Colonial 25 39 41
10 Consolidated, Rm.
50 Delhi and London, inn
50 East London, lint 5 11 0i
20 English and American, lira 10 ... ...
20 English Bank of Rio de Ja-
neiro. lint lO ld pr
20 English, ,cottish, and Aus..
traliau Chartered
281 Hong Kong and Shanghai
Bank Corporation all ... ...
281 Do new 5l 1
100 Imperial, lint 2O 17 15
21) Imperial Ottoman lO 1 11
25 lonian all 25 '27
25 Do new 5 pr 1p
20 Lnd Mortgage of India lim 4 31 31
100 Do sp. c. Debs.lB64, 30 all 76 75 7.3.
30 London Bank of Mexico
and South America, lim. 20 6 4
100 London and Brazilian, lim. 45 32 28
20 Do new 71 61 51
100 London & River Plate, lim. 40 6 8
25 Do new 10 11 11
20 London Chart. ot Australia all 221 231
50 London and County 2O 491 501 51 1
20 Do new. iss at 20 p.m, 16 pd. 11 ... ••• !!
50 London Joint Stock__
20 London and South African.. al 1 I'.
100 London & S.-Western, lim, 20 ... •••
50 London & Venezuela, Um_ 121 ...
100 Loudon and Westminster 2O 61 63 66
100 Do Scrip, :ss at 10 pm 2O 59 61
100 Merchant, lint 25 6 4
10 Metropolitan, Hut all 6.} 71
100 Midland, 1int..,,,, 2O ld 1 181
5 National of Australia
25 National of Liverpool, lim. 15 3 1 d
100 National Pro vine. of Eng'd 42 ... •••
10 Do ......
50 National ......... ............... 30 46 48
20 New South Wales all 42 43
20 North-Western 7l
25 Oriental Bank Corporation all 41* 421 44
50 Proviuc. Bank. Corpo., lim lO 6 51
100 Provincial of Ireland 25 88 90
10 Do new. • all ... ...
100 Stand, of Brit. S. Africa, lira 25 15 I 1
100 Do issued at 6 pm. 10 ... ...
25 Union of Australia all 45 47 4.1 I
100 Union of Ireland, lint
50 Union of Loudon l5 361 371 37

OUR NAVAL RESERVE.

The Army and Nary Gazette asserts that tne question
of maintaining a reserve for the Royal Navy cannot be
shirked. The Royal Naval Coast Volunteers are nc
longer required, and the cost of supporting them might be
saved to the country. They belong to a class that are
quite ignorant of the taste of salt water, and are recruited
from the land population ; but the Royal Naval Reserve it
composed of prime seamen, and must not be confounded
with the coast volunteers. The latter force is an Admiralty
creation, and its shortcomings have, therefore, never beer
put forward. The Army and Navy Gazette also affirms that
strong prejudices against tho Naval Reserve exist in the
Royal Navy itself, and it regrets the indifference which
prevents any study of the subject. Many naval officers
have contented themselves with forming opinions on the
force from its detractors, and have totally lost sight of the
fact that a number of the seaman of the Reserve, were at
one time attached to the famous brigades, which did such
good service in India, Abyssinia, and New Zealand.
Strange to say, there has always been a great obstacle to
the formation of a connecting link between the Royal
Navy, and the mercantile marine. There would
be great danger involved in the disturbance
of the present force. Destroy the present
reserve, and what remains to us ? Will the country
submit to a recurrence of the horrors which were
practised during the last great naval war ? A late First
Lord of the Admiralty when asked at the time of the
Russian war what would be done if more men were
wanted for the navy, answered, " Heaven only knows ;
we have come to the end of our tether." Let us profit
by our dearly-bought experience, and turn over a new
leaf.