The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-03
9ELBGRAPHIC NEWS
From All Parts Of the
World.
CHANGES OF PEACE.
Reported Signing of an Armistice
Between the Belligerents.
THE GEARS REPLY TO The SULTAN.
DESTROYS Of Peace but Wants
a.Durable One.
AUSTRIA, ENGLAND AND RUSSIA
Arranging Basis for a Euro
pean Congress.
ATTITUDE OF FRANCE AND ITALY,
Desiroue OF Peace but Wants
a,Durable One.
AUSTRIA. ENGLAND AND RUSSIA
Arranging Basis for a Euro
pean Congress.
ATTITUDE OF FRANCE AND ITALY,



LONDON, Feb. 8, 1878.
The Journal de By7srelles Of yesterday announced
that it has received despatch from Constantine
pie saying that IN armistice was signed on Friday
THE GEAR GRANTS THE sULrANs REQUEST
The following is the text Of the Cars telegram
to the Sultan in reply to the latter's appeal:-"I
desire peace much as you, but 1t is necessary
Tor me-necessary for us-that it should be
solid and durable peace" 1t is stated in Constan
tlnople that the Gear also distinctly promised to
EVERYTHING READY FOR A CESSATION.
Server Pacha, Foreign Minister and one Of the
Plenipotentlaries, telegraphed on Friday that the
Russian Grand Duke Nicholas was ready to sign
protocol OF peace preliminaries, under reserve OF
Interior negotiations. The Grand vizer, in reply
to Server Pscha's despatch, authorized him to
sign armstlce and peace preliminarles. All mill.
tary movements and emigration OF Mussulmans
have been stopped.
FURTHER CONFIRMATION.
The news IS confirmed from Paris 1t Is reported
there that telegram from Cairo announces that
the Grand vlzer OF Turkey has telegraphed to the
Khedive that the protocol Of an armstice Is ready
for signature The Sultan telegraphed to the Gear
accepting the peace conditions and asking the
Gear to stop the advance of the Russian troops.
The Gear replied that he was about to give orders
to that effect .
PRELIMINARY NEGOTIATIONS.
despatch from Vienna says:-'What has
hitherto passed between England, Austria and
Russia Is only preliminary to discussing on what
way the interests Of Europe in the Eastern ques-
tior, IN ha -thEen fntO ron dar ration and in
what manner the Powers are to exert their egiti-
male influence on the settlement of sad question.
Russia, 1t Is true, has declared her readiness 70
discuss matters, but beyond this all Is mere con-
lecture"
A CONFERENCE AGREED UPON
Russia has accepted Austria's proposal Of o con.
ference for settling the European questions result
ing from the war. The place at which the confer.
ence will meet IS not yet determined upon. 1t will
probably be III one Of the smaller States. The
bases Of the Russian peace conditions have been
signed.
WHAT ARE THE TERMss
telegram from Constantinople, GATED January
81 says :-.lt Is expected that the Russian condi
tons will be comm uncated to the Turkish Parlia-
ment on Saturday. 1t is said that the military
delegates have fixed the lines OF demarcation &C
cording to which the Russians will Professionally
occupy Erzeroum and Silistrla- Mehemet Ali Pacna
has been appointed Commander of Pera."
GAMBErrA ON THE TERMS OF PEACE.
A despatch from Paris says IN. Gambetta de.
clares that any engagements made al Kezanhk
modifying the treaty Of 1855 must be considered
null and void "The Russian conditions" NJ Gam
beta declares, "except the demand for indemnity,
involve Migrant violation Of thai treaty" French
interests In the East, he considers, have hardly
changed since 1856 M. Gambetta insists that the
war can only be terminated by O European con-
gress
ATTITUDE OF ITALY.
According to despatch from Rome, "the pro.
pesal of an Italian alliance with the Powers which
are opposed to Russian ACKNOWLEDGMENT but at
the same time guaranteeing freedom Of the Chris
tian natonalties, is most iavorably entertained
there The Pope and Cardinal Simeon, the pontif.
cal Secretary Of State are agreed as to the neces
sity OF encouraging an alliance Of Italy with Eng
| land, France and Austria"
LONDON STOCK MARKET
| The Economist Observation-Disclosures the re-
duc,ion Of the Bank OF England rate Of discount to
| two per cent there Is scarcely any change In the
| general aspect OF the money market Three months
| bills are still quoted at one and half per cent
"Aiter the Ministerial explanations In Parliament
on Friday week there was worry mark and general
| rise in stocks. The Duoyancy did not continue far
| into this week. All through, however, prices
mained at range corresponding 10 tue hopes OF
| peace and rumors Of an armstice caused the mar.
kets to close Friday about the best points the
| week.
| american kilograms indicate the probability
| OF the government bonds being paid the silver
basa silver par being at tho present price Of silver
ton per cent below gold par Whatever price silver
may ultimately rise TO such change must disturb the
credit OF the government making IT,"
| xIxcSG LAyE MARKETS.
| In Mincing lane during the past week the markets
have been dull and business small; prices are about
maintained Refining sugars steady. There has
been some inquiry for floating cargoss Good and
fine grocery sorts sold well, but low descrip-
tons at reduction. The sales OF coGec have gone
OF with more competton--n some instances at i'm
proved quotations for Ceylon knds-but foreign sorts
are difficult Of SALE Business In rice the spot
been at full rates. ana there buyers for arrival
but holders ask advance Tea quiet, and quota
tons generally unsltered fair quantity OF salt
perc on the spot changed HANDS, and tor arrival
era transactions were reported. Tho sales OF spice
have gone at rates favorable 10 buyers, excepting
| black pepper, which Is firm.