The Sun.
London, England, 1867-01-05 00:00:00

FRANCE.

" The plan for the reorganisation of the Austrian
army," says the Debats, " which we analysed a few
days since, is warmly discussed at Vienna. In
order to oppose it, the I'resse of that city discovers
reasons of great force. It asks whether the pre-
sent institutions of the country arc worth the
sacrifices which the nation is called upon to
undertake in order to defend them. It is shocked
to see adopted by a stroke of the pen, and
without consulting the representatives of the coun-
try, ' a measure which decides upon the lives and
civil existence of millions of citizens ;' and it shows
how the disasters of the Bohemian campaign are
referable much less to the numerical inferiority of
the army than to the incapacity of its leaders. That
journal appears to us to be right on many points,
but will it succeed in convincing Francis-Joseph
and his advisers ? We may be at least allowed to
doubt it."

It may be remembered that the Tribunal of
Commerce of the Seine pronounced judgment on
the 27th November last against the Italian Govern-
ment and in favour of the holders of the bonds
of the Cavour Canal, declaring the former directly
responsible for the payment of the interest which
it had guaranteed. We now learn that the bond-
holders have lodged a legal distraint upon the funds
deposited with MM. de Rothschild in Paris, in-
tended for the payment of the Italian rente.
The weather in Paris yesterday was seasonable.
A smart frost had taken place during the night and
in the morning, but the sun shone out brightly and
softened the roadways. In the afternoon snow
again fell. At three the thermometer marked 0.8
Cent. (33 2-5 Fahr.)
A bargeman employed on board a vessel lying in
the basin of La Villette perceived about four o'clock
two mornings back a man struggling in the water.
The latter, a labourer, was rescued with much diffi-
culty, and stated that as he was proceeding home
rather the worse for drink, he was suddenly attacked
by several individuals who first robbed him of his
portmonnaie containing 7 or 8 francs, and then
threw him into the canal.

BOURSE, Jan. 4, Two o'clock.—The market is
very buoyant, and all stocks and shares have con-
siderably advanced. French Threes have reached
70fr., with an improvement of a quarter per cent.
Italian Fives are quoted at 56fr. 70c., higher by
35c. Credit Mobilier gain 6fr. 25c.—at 507 fr. 50c.,
and Spanish Mobilier Bfr. 75c.—at 318 fr. 75c.
Credit Foncier have to-day a further rise of 15fr.,
the present quotation being 1,445 fr. A similar ad-
vance is to be noted in Comptoir d'Escompte—at
865 fr., the General Ottoman Debt has improved 1
per cent.—at 31fr. 50c. (ex-div.) Railway shares
likewise benefit by the upward movement, Lyons
having risen Bfr. 75c., Orleans and Northern each
7fr. 50c., and Lombard 3fr. 75c.
Three o'clock.—The market is little weaker, and
the close has taken place with the following quota-
tions:—

44 per Cents 9B 75
Do. end month
3 per Cents. 7O
Do. end month 69 95
Credit liobilier

Bank Shares 3600
Italian Loan 56 55
Do. end month 56 60
Mexican Loan —
Do. Bonds
Spanish Threes
Home Debt —
Deferred
&TS.

Do. end month 506 25
Credit Foncier —
Do. end month 1435

For Account.
Orleans
Northern l2lO
Lyons and Mediterranean .. 915
Southern 587 50
Western 570
Eastern 542 50
Sardinian
Austrian
Lombard 390
North of Spain 125
Saragoses
Ditto to Barcelona —
Roman. ...