The Sun.
London, England, 1869-01-11 00:00:00

FRANCE.

PARIS, Jan. 11.

The official report of M. Magne, Minister of
Finance, published to-day, states that the floating
debt has been reduced from 902 to 727 millions of
francs, and that the revenue from indirect taxes in
1868 has exceeded that of 1867 by 34 millions of
francs.

The estimates for 1869 will not require a cor-
rected budget, because the supplementary credits
which will be asked for do not amount to 28 mil-
lions, and are therefore amply covered by the in-
creased receipts from taxes.

The estimates of the ordinary Budget for 1870
are—Revenue, 1,736 millions of francs, against
expenditure, 1,650 millions. The surplus of 86
millions, together with the surplus left from the
preceding budgets, will be applied to the require-
ments of the extraordinary budget.

The sinking fund for 1870 will amount to 42
millions, which is to be appl.ied to the purchase of
rentes.

The Minister remarks on the year 1868 that " It
was characterised alternately by confidence and
fears, activity, and stagnation. However, public
opinion has by degrees accustomed itself to judge
political affairs more correctly. A sensible recovery
has been observed principally during the latter
months of the year. This result, due to the revival
of confidence, proves how much peace is necessary
to this country, and to what degree prosperity will
be developed by it, and how much public opinion
is right to approve the efforts of your Majesty to
prevent, as much as depends on you, by friendly
intervention, any conflict by which peace might be
disturbed."

PARIS, Jan. 11.
The 21Ioniteur de l'Armee of to-day, in an article
reviewing the year 1868, says :
" Our military state places France in a position
to face every eventuality. We are strong enough
to-day to live in perfect harmony with all the
Powers of Europe, or to fight advantageously those
of them who would undertake an unjust war and
force us once more to draw the sword.
BOURSE, Jan. 9.—Three o'clock.—The markEt
closed as follows :

4} per Cent.
End of month —
3 per Cent
End of month 7O 221
Credit. Mobilier
End of month 2Bl 25
Credit Foncier _1515
End of month —

Bank Shares 3115
Itaran Loan
' End of month.„
!Mexican Loan
Do. Bonds
Spanish Threes
Home Debt
Deferred

Cash
Orleans ... 923
Northern .............................
Lyons and Mediterranean
Southern..... 5731.
Western
Eastern ............
Sardinian
Austrian
Lombard
North of Spain
Saragossa
Roman ....................................... 51

RAILWA"

MILI7ARY AND NAVAL INTELLIGENCE.

The Field-Marshal Conarnanding-in-Chief will
hold a Levee at one o'clock on Thursday next, the
14th just.

Orders were received at Chatham garrison yes-
terday from the Ilorse Guards, directing reinforce-
ments for the Ist Battalion of the 2d (Queen's
Royals) Regiment to be held in readiness to embark
for India, on board her Majesty's iron steam troop-
ship Serapis, 3, 700-horse power, Capt. J. C. Soady,
to join the service companies of the regiment in the
Bombay Presidency.
A draught of the 84th Regiment about to pro-
ceed to Jamaica is expected to leave Colchester on
Friday.
Three pensions for distinguished or meritorious
service have been placed at the disposal of his
Royal Highness the Field-Marshal Commanding-
in-Chief, by the deaths of Major-General W.
Hamilton, C. 8., and Col. A. F. W. Wyatt, C. 8.,
65th Regiment, and the appointment of Major-Gen.
C. Trollope, C. 8., to the colonelcy of the 53d Regi-
ment.

The screw steam frigate Liffey, 31, Captain
John 0. Johnson, which left Plymouth on the 30th
of September, returned to the Sound on Friday.
After disembarking at Colon supernumeraries for
the Pacific squadron she proceeded to Jamaica and
Bermuda, where orders for her immedate return
were waiting. She left on the 22d of December,
and brings home Lieutenant Fryer and 100 inva-
lids and time-expired men belonging to the 61st
Regiment.
'1 he crew of the double screw composite gun-
vessel Lynx, 2, Commander James W. East, at
Plymouth, were inspected on Saturday by Captain
Preedy, of the Royal Adelaide. The Fly was in-
spected to-day.
The new double-screw composite gun-vessel
Growler, 2, built at Glasgow, which put into Pem-
broke, arrived at Plymouth on Saturday.
Her Alajesty's screw steam storeship Fox, 2,
Staff-Commander John 11. Allard, from Pem-
broke, arrived in the Sound on Saturday morning,
having in tow the brig Cambria, of Shoreham, from
Swansea, with patent fuel for Alexandria. The
brig lost her rudder in a heavy gale from W.S.W.
on the 21st of December, in lat. 47 27 N., long. 8
38 W., where all her boats were washed away.
On the 2d inst. she was taken in tow by the
schooner Tantivy, of Yarmouth, but the tow ropes
having broken the schooner was compelled to leave
the brig. The Fox picked her up on the 6zli inst.,
at 3 p.m., 12 miles south of the Smalls. Two of
the brig's crew, being irostrated, were transferred
to the Fox.

In addition to the double screw iron armour-
plated turret ship Cerberus, 2, 250 horse power,
just completed at the yard of the Palmer Ship-
building Company, Jurow-on-Tyne, for the de-
fence of Melbourne, the Government has ordered
two other armour plated turret ships—the Abys-
sinia and the Alag,dala to be constructed for the
defence of Bombay, both vessels being built from
he same drawings and patterns as the Cerberus.
The contract for building the Abyssinia has been
taken by Messrs. Dudg!on, of Poplar, and that for
the Magdala by the fhames Iron Shipbuilding
Company, Blackwall.

SABRED HARMONIC SOCIETY, EXETER HALL.-
Elaudel's " Judas Maccabaus" will be performed on Friday
next. Principal vocalists—Madame Lemmens Sherring-
ton, Miss Edith Wynne, Nadania Sain4.on Dolby, Mr. V.
Rigby and Signor Foli.