The Sun.
London, England, 1869-10-02 00:00:00

THE SUN, LONDON, SATURDAY EVENING, OCTOBER 2, 169.

THEATRE-ROYAL DRURY-LANE.
gole Lessee and Manager, Mr. F. B. Chatterton,

THIS EvENING, at 7, BELLRS'OF THE KITCHEN. At 8,
FORMOS A : Messrs. Barrett, H Irving, David Fisher, Brittain,
Wright, John Rouse; Mrs Billington, Misses M. Brennan, Mac-
donald. and Katharine Rodgers. Conclude with BORROWED
PLUMES

Erie..

have been running. This question is one of simple
figures, and it is surprising that the public have been
found to invest freely in offices which, in the

very face of their accounts cannot long con-
tinue to fulfil their engagements. Insurers should
also satisfy themselves on another point, and that is
as to the amount of commission paid to agents. Of
course this
_commission is taken out of the pockets of
the insurers, and is a charge to which they need not
be subjected if they will take the trouble to make
inquiries for themselves. The best offices pay no
commission, whereas in many cases no less than ten
per cent of the receipts is swallowed up by agents.
The total expenses of the London Life Association
are but little more than three per cent. of its income
—a charge which does not exceed the ordinary cost
of managing an estate. The result is that,
after seven years, the premiums are re-
duced to about one-fifth of the sum at first
charged. This reduction is annually increased
so that in about twenty-five years from the com-
mencement of an insurance it expires altogether. To
give a case, a life insured in 1835 then aged 30, was
insured for £l,OOO, the premium charged being £3l;
in 1862, the premium was reduced to less
than £7 per annum ; and it is now £3
ss. In another ten year's, according to the present
rate of prosperity of the office it will expire altogether.
In many cases it would pay existing insurers to sell
out of a doubtful office and insure in one of the old-
established associations, like the Equitable or the
London Life, where they can be certain that
their money will be carefully invested and
will not be subjected to excessive charges on the
part of managers or agents. It will no doubt be
desirable to invoke the aid of the Legislature to put
a stop to some of the frauds which are now perpe-
trated by insurance companies, but the case is one
which individual insurers have very much in their
own power. A man does not want to insure many
times in his life, and when he does, the subject is
worth a little personal attention.

krit- Clunk

HER MAJESTY.

BALMORAL CASTLE, Sept. 29.
The Queen, accompanied by Princess Beatrice,
went out this morning.
Her Majesty, accompanied by Princess Chris-
_

tian and Princess Beatrice, and attended by the
Hon. Mrs. Ponsonby, drove to the Glassalt Shiel
in the afternoon.

LATEST INTELLEGENCE

(REUTER'S TELEGRAMS.)

DEATII OF TIIE BISHOP OF CARLISLE.
CARLISLE, Saturday.
The Bishop of Carlisle died at Rose Castle yes-
;erday afternoon at half-past four o'clock.

AMERICA.
(Per French Atlantic Cable.)
WASnINGTON, OCt. 1.

According to the report of the Secretary of the
Treasury the Public Debt has been decreased dur-
ing the month by $7,500,000. The coin in the
Treasury is $109,000,000 ; currency, $6,500,000.
NEW YORK, Oct. 1.

The National Steamship Company's steamer
Helvetia arrived out to-day.

COMMERCIAL INTELLIGENCE.
CLOSING PRICES.

Gold closed at 1301 ; the highest quotation dur
ing the day was 13011 ; the lowest, 129 i.
Sterling Exchange on London lOB.
5-20 U. S. Bonds, 188")

1885 ll9i.
" 18G7 ll7l,
0-40 cc
Ilinois 1341.

331.

Cotton—Mid. upland 27ac.
Petroleum—Standard White 3ll-c.
Flour, extra state, $5.95c. to $6.55c. Corn, old
mixed, sl.6e.

According to Mr. Adam Moffat's report the
week's receipts of cotton have been 49,000 bales,
and since the Ist of Sept. 146,000 ; shipments to
England 6,000 bales ; to France, none ; and to
the Continent 2,000 bales; total shipments since
the Ist Sept., 21,000'4 bales ; stock, 92,000 bales.
M.-Upland, 111 d. cost and freight per steamer.

"......,..... .....

FRANCE.
BOURSE, Oct. I.—Three o'clock—The marks
closed as follows :

41 per Cent.
End of month... ItaFan Fives 53
3 per Cent
End of month 7l 27} Ottoman Loan ... 318 75
Credit Mobilier
Transatlantic 265 Spanish Threes ... 26 50
Credit Foncier —1675 Rome Debt...... --
Paris Gas 1605 Deferred ...... ...
RALLWAYs. Cash
Orleans ... 9621
Western
Northern M1092}
Strasburg .. ........................ 592}
Lyons and Mediterranean
Southern.....
Sardinian
Austrian 770
Lombard 5lO
North of Spain
Saragossa
Roman

MR. JOHNSTON, M. P, ON , THE BENIAN
PRISONERS.

Mr. William Johnston, M.P., in a letter to an Orange
leader in Belfast, with regard to an intended meeting
in the neighbourhood to advocate a release of the
Fenian prisoners, states that " their offence is one
which admits of no palliation." Many of them were•mis-
guided and honest, but "punishment was not unjustly
administered to those who disturbed industry, destroyed
confidence, and were, perhaps undesignedly, the real
obstructives to Ireland's progress." He expresses a hope,
however, that no Protestant will interrupt the meeting.
"Any Protestant or Orangeman who does so is only forging
a chain to bind himself. Men who stir up active and
illegal opposition to even a Fenian public meeting are
only playing into the hands of those who seek to crush
Orange celebrations, and put an end to Protestant meet-
ings. " Such men," he adds, "are probably equally adverse
to Orange as to Fenian displays. They deprecate ours as
well as theirs. We, who claim equal liberty and equal
rights for all, must take care not to play the game of delu-
sive politicians, who use, and then abuse ts."