The Sun.
London, England, 1869-01-25 00:00:00

EVENING, JANU

AIONDA

FOREIGN NOTLS.

TURKEY AND GREECE.

The Paris correspondent of the Time: repeats his state-
ment that Turkey made no reservatbn in authorising
her Ambassador to sign the declaration of the Con-
ference. The...adhesion of the Porte was given unre-
servedly. The only question mooted way as to the manner
in which diplomatic relations should 131 resumed between
Turkey and Greece ; but the principal point being the
adhesion of Gtdece to the decision of the Conference, the
mode of resuming relations will not be more than a matter
of form. An equally good authority—the Independance
Belge—gives a different account. says the Turkish
Ambassador did not sign the collectiie declaration, but a
separate document. He will not add lis signature to those
of his colleagues until the answer of Greece arrives. The
Belgian paper confirms the stateme3t of the Times that
a question was raised about the resnnption of diplomatic
relations. It is added that M. Walewski takes with him,
in addition to the declaration, a letter from the French
Foreign Minister to M. Delyannis, strongly representing
the advisability of Greece giving way,not ,o Turkey, but
to Europe. Such a letter would, perhaps, be more
acceptable from another quarter. 'Throughout the diplo-
matic negotiations which preceded the Conference, France
was the most energetic supporter of Turkey.
The mixed commission appointed to settle the affairs of
the Enosis is still sitting at the Pirmus, on board the
French corvette Forbin. The Liberte: thinks the ease is
not likely to go in favour of Turkey, since it was in Greek
waters that Hobart Pasha sought to compel the Enosis to
chew its flag. Should a verdict to this effect be given, it
will prove to the Greeks that Europe does not side with
Turkey in this quarrel further than the interests of law
and justice demand.
War preparations still go on. There cannot be the
least doubt that both parties are preparing for the worst,
albeit the chance of peace has considerably increased since
the surrender of Petropoulaki: The arsenal at Constanti-
nople is ceaselessly active, every day increasing the muni-
tions of war. At the command of the Porte a consider.
able supply has been sent off in an ironclad frigate for the
use of the army, now distributed over the Greek frontier.
From Greece come deplorable accounts—too numerous to
be questioned— of the distress caused by the military and
naval preparations of the Government. A levy of sailors
has been made, and the Ministry is making every effort,
legal or arbitrary, for the purchase of two ironclads,
in addition to ' the two already possessed. The
country is overwhelmed with an inconvertible paper
currency, and confidence is seriously weakened by the
unanswerable demand of the Government for a loan from
the leading banks. War or peace, this waste of re-
sources and abuse of power are alike discreditable. The
President of the Cretan Provisional Government, who is
now iq Paris, announces his intention of seeking a loan in
America. Has he nothing to sell Mr. Seward ?

RY 25, 1869.

merged powder. Among those killed was Captain
W. L. Churchill, U.S. Navy, long favourably
known in connection with science. I regret to add
that the highly educated wife of this gentleman, a
cripple, without friends or money, is at the Bel-
mont Hotel, Fulton-street, and the public will,
I trust and believe, at least fuLish the funds
to enable her to reach her home in Georgia. The
City made its appearance last Saturday, the price
three cents, other weeklies are projected, and two
are to be fused into one. The Press, an evening
journal, was launched last week. Mr. Charles
Sweetser runs the City, and Mr. Paul Nichol-
son the Press. The New World is to be devoted
to romance, travel, discovery, hygiene, the farm
and kitchen, art, poetry, and humour. Each
number is to have a bill of fare for each day
of the week, with directions for its preparation.
The hearth and Home, an illustrated weekly, pub-
lished in New York, which has now reached four
numbers, is making some stir, and has done a "deal"
of advertising. Mrs. Harriet Beecher Stowe is
in charge of one department, but the editor-
in-chief is Mr. Donald G. Mitchell, known as
"R. Marvel." There are some good illus:rations
and some excellent papers, and the periodical is
well adapted for the country and the class among
whom it circulates. The Mother at Home is a new
monthly magazine, by Mrs. Henry Ward Beecher;
indeed we are being overrun with good things, for
which some of the caterers, I suspect, will have to
pay. " Running a newspaper" is fascinating work
for an American, for which we all consider ourselves
particularly qualified by nature, and many of us
find out that we are awakened to a disagreeable
reality, when we have to pay for our whistle.

Mr. Washburne, of Illinois, has reported a bill
ftom the Appropriation Committee, proposing con-
siderable reductions in the navy. A million of
dollars is stricken from the pay of petty officers and
seamen, and another for the preservation of vessels,
&c. The navy yards of Norfolk and-Pensacola each
loses $20,000, while the naval station at Mound
City is pulled down from $27,000 to pp() The
Marine Corps is to be limited to 1,500, with one
colonel and one lieutenant-colonel, two majors, one
adjutant and inspector, one paymaster, ore quarter-
master, one assistant quartermaster, twelve cap-
tains, eighteen first lieutenants, eighteen second
lieutenants, the sergeants and corporals being re-
duced two-fifths, the persons discharged being de-
cided by lot. The total appropriation i 5515,273,672,
being a reduction on last year of $2,091,578.
'We extract the followiing from the letter of a
friend in WaAinuton, under date 6th inst., whose
communications we frequently publish :
" The Union League, headed by the Mayor of
Washington, has secured the Rotunda of the Capi-
tol and the Hall of the Representatives fora grand
Vail on the 4th March, Mr. Covode, Chairman of
the House Committee on Public Buildings and
Grounds, having reported the resolution cqnferring
this privilege. So the new Administration will be
ushered in with feasting, and dancing, and music,
and the capitol itself will he grandly illuminated.
May the scene on the 4th March, 1873, be as joy-
ous ! In my last—and you must allow lam some-
thing more than " An occasional correspondent"—
I alluded to the Census, in the hope of getting the
figures before mailing my letter. lam enabled now
to report, according to the Bureau of Statistics,
that there are in the United States 32,109,827
whites, and 4,633,371 negroes, a total of 36,743,198.
Since the Census of 1860 there has been an increase
of 5,134,282 whites and 163,866 negroes ; a total
increase in the population of the United States of
5,298,118. This is an increase of 19 per cent.
among the whites, and 3 2-3ds per cent, among the
negroes. The regular Census, as you know, is not
taken till 1570, when some are sanguine enough to
believe it will show a population of 40,000,000.
The Grand Jury dismissed the case against Surratt
on the ground that the President's Amnesty Pro-
clamation absolved him of all past treasonable
offences a;;ainst the Government."
The State Council of the Union League of Ame-
rica for the State of New York was in session at Albany,
on the 6th inst. Charles W. Godard of Kings was elected
President ; Wm. V. Alexander of New York and Lyman
It. Bars of Erie, Vice-Presidents; Charles E. Pinckney of
New York, Treasurer; and Thomas G. Baker and Na-
thaniel Appleton, both of New York, Secretaries. Among
the members of the Executive Committee elected are J. 31,
Schermerhorn of Erie, 11. C. Fisk of Allegany, C. H.
Thompson of Steuben, Jas. Terwilliger of Onondaga, E.
M. Madden of Orange, J.' H. Stlkreg of Tompkins,
Joseph Reeve 3f Kings, and Benjamin De Vie of Broome.

MONEY .1 AD BUSINESS.

(From the Aew Fork Tribune.)
NEW YORK, Wednesday, Jan. 6.

Gold opened at 1341, sold at 1351, closing 135. The
clearings at the Gold Exchange Bank were $58,837,000,
and the balances $2,702,048 43. The Cunard steamer
Russia took out $60,000 in specie to-day.
Governments opened strong and active with a heavy
demand both for investment and speculation, The ad-
vance was fully one per cent. on the new bonds from the
lowest price of yesterday, and the easier tone of the
money market stimulated large purchases of all classes.
State bonds were more buoyant with an increased de-
mand for all classes. Tennessee 6's sold at 661 ; New Bonds,
66 ; North Carolina New Bonds, 621 ; Old Bonds, 621; Mis-
souri 6 per cents., 88; Louisiana 6 per cents., 68; Louisiana
Levee Bonds, 621 to 63. The State has paid her January
interest at New Orleans, and the Governor in his Message
is very hopeful as to the future financial prosperity of the
State., He says :—The entire bondt.d debt, exclusive of
bonds owned and held by the State, is $6.750,000, and the
floating debt is nearly $62,000,C00, which latter can be can-
celled by the special tax already levied, and the surplus
of half a million left. Miscellaneous shares were dull and
neglected. Pacific Mail sold at 1181 to 1111, closing 1191
Railway shares opened with a firm tone on the improved
condition of the money market, and the dealings were
marked with great firmness throughout the day. New
York Central opened at 1561, Closing (561 156. The trans-
actions were moderate and without special interest. Hud-
son, Harlem, and Erie were dull. Reading was strong,
opening at 924, advancing to 94g. Michigan Southern was
the most buoyant, advancing 5 per cent. on rumours
that the dividends would he advanced to 10 per cent. par
annum. Cleveland and Pittsburg was active. Fort
Wayne, also, was higher on a sharp demand from the
shorts. The North Western shares continued firm at the
opening rates. Rock Island sold at 119, 1191, 1191. St.
Paul stocks were strong at an advance of 1 per cent. from
the opening price. Ohio and Mississippi, common, sold
up to 331, and was steady. The feeling prevailed that
the most of the money stringency has passed, and that no
further attempt to force hii rates would be made. The
current has now changed from the West to this point, and
funds will now commence to accumulate here. At the close
the market was a fraction lower than the highest prices,
hut closed steady at quotations.
Governments close str ng, after a heavy day's business.
bonds
were investment demand was very large, and all
were in brisk demand. The out-of-town orders were
heavy.

The following were the bi
Stocks:—

New York
Manhattan
'Union
America
Phenix lO3
Seventh Ward
Commerce
American Exchange 113!
Bank of the Republic l2O

CLOSING QUOTATIONS Fl
N. Y. Central 6s, 1883 94 I
N. Y. Central 6s, 1887 90
N. Y. Central Gs, R Est 86
N. I.,Cent ral 6s, Sub'n 86
N. Y. Central 7s, 1876 100
N. Y. Cen. 7s, con. 76 —
N. Y. Con. 7s, '65-'76 -
Erie Ist Mort, Ex 1011
Erie 7s, 2d Mort, 1879 98
Erie 7s, 3d Mart, 1883 93
Eri,J 7s 4th Mort, 1880 86
Erie 7s, sth Mort, 1888 86
Long Dock Bonds ..... —
Buff.N.Y.StE. lstM, 77 82
Hud. R. 7s, Ist M, 'ii9 100

Md. 3d M, '75...
Harlem Ist M, '6B '72... 99
Mich. C. Ist M, 69'72...1191
Mich. new Ist M 88,_'82-1101

Mich. So., 7 p. c 2dM...
N. Ind. Goshen Line'6B

ilicli2g.ii/sT.l.S.F'd7p.c. 96
111. Cen. 7 p. 0,'70. 1141
Alton & T. H. lrt 89

Alton & T. H. 2d pfd ... 83

Alton &T. 11. 2d g. Inc. 7.

ilan.&St.j.LnndCT'rants 105

Han. & St. J. Con
Chi. B. & Q., Ist M 1111
Chi. Sz; N. West, S., F 96

ids for New York City Bank

Bank of North America 108
Shoe and Leather l2O
Commonwealth
Importers and Traders' 123
Park 145
Central National
Fourth National .. 101
Ninth National
Chatham — •
)14. RAILROAD MORTGAGES.
Chi. & N. W. Ist M
Tol. & Wab. Ist M Ex 93
Gt. Western 2d M '93 76
Mil. & Pr. du Ch. Ist M —
Gal. & Chic. Ext 100
Gal. & Chic. 2d M 95
Chi. & R. I. Ist M 9B
Chi. R. I. & Pacific 7's 93
Cleve. & To!. S. Fund B9
N. J. Central Ist M
N J. Central 2d M
Pitts. Ft.W.,!& Ch. Ist M 991
Pitts. Ft. W , & Ch.2d M 95
Pitts. Ft. W. &Ch.3d M 93
Cleve. & Pitts. 2d M 92
Chic. & Alton, S. F. Inc.
Chic. & Alton, S.F. lstM. 981
Mil. & St. Plul Ist M 103
Mil. & St. Paul 2d a.., 83
Marietta & 'in. Ist M —
Morris & Essex let M 961
Morris & Essex 2d M
Joliet & Chic. Ist M —
Chi. & Gt. East'n Ist M 74
N. Y. & N. 11. 6s
D übuque &S. City, Ist M -
Peninsula Ist M
Ohio & Miss. Ist M 91
Ohio & Miss. Con B3
Tol. P. W. Ist M. E. D —
Atlantic & G. W. Ist M 76

Chi. & N. W. COn Cony.
Chi. & N. W. Ex'n 8.... ,
Aloney increased in ease to-day, the highest rate being
1.16 commission on currency k terest, and at the close
loans wore made at legal rates, the average► rate, however,
was about 1-32 over legal interest. This sudden let-up is
due mere to the fact that lenders were fearful of being pro-
secuted for usury than to any sudden increase of loanable
funds offering.
The Chicago Journal of the sth says :
" The banks were greatly relieved on Saturday by a
large La= of Currency fora thv intori9r. At this writing

some of the banks report as largo receipts to-day as Sa-
turday at the same heur, while others do not.

" Exchange was exceedingly firm on Saturday, and it is
still firmer to-day. It commands 10 per cent. premium
over the counter, and 50 cents between banks. Tho rate
of interest remains at 10 per cent. per annum."
The following is the statement of the Public Debt of the
United States on the Ist of January, 1869: