  We present detailed analyses of the absorption spectrum seen in QSO 2359-1241
(NVSS J235953-124148). Keck HIRES data reveal absorption from twenty
transitions arising from: He I, Mg I, Mg II, Ca II, and Fe II. HST data show
broad absorption lines (BALs) from Al III 1857, C IV 1549, Si IV 1397, and N V
1240. Absorption from excited Fe II states constrains the temperature of the
absorber to 2000K < T < 10,000K and puts a lower limit of 10^5 cm^{-3} on the
electron number density. Saturation diagnostics show that the real column
densities of He I and Fe II can be determined, allowing to derive meaningful
constraints on the ionization equilibrium and abundances in the flow. The
ionization parameter is constrained by the iron, helium and magnesium data to
-3.0 < log(U) < -2.5 and the observed column densities can be reproduced
without assuming departure from solar abundances. From comparison of the He I
and Fe II absorption features we infer that the outflow seen in QSO 2359-1241
is not shielded by a hydrogen ionization front and therefore that the existence
of low-ionization species in the outflow (e.g., Mg II, Al III, Fe II) does not
necessitate the existence of such a front. We find that the velocity width of
the absorption systematically increases as a function of ionization and to a
lesser extent with abundance. Complementary analyses of the radio and
polarization properties of the object are discussed in a companion paper
(Brotherton et al. 2000).
