The New York Herald Newspaper, September 30, 1858, Page 1

THE NEW YORK HERALD. WHOLE NO. 8062. ARRIVAL OF THE ARABIA, THREE DAYS LATER FROM EUROPE. Serious Explosion on Board the Hammonia. CONDITION OF THE TELEGRAPH CABLE. HE BRITISH TREATY WITH CHINA. THE PRUSSIAN REGENCY ACTIVITY IN THE COTTON MARKET, Rey Ber de. ‘The Cunard steamship Arabia, Captain Stone, which left ‘Liverpoo) on Saturday, the 18th inat., in the afternoon ‘arrived at this port at halfpast five o’clock yesterday evening. ‘The news is three days later than that brought by the ‘Guy of Washington, but is not of special importance. ‘The screw steamship Hammonia, which sailed from Masiburg on the 15th inst. for Southampton, en route for New York, exploded her magazine on the first day out, and put back to Hamburg. Five passengers were wounded. ‘Bhe had 293 passengers on board, and would sail again on the 19th inst. A Liverpool trade circular of the 17th inst. has the following report:— ‘The Manchester market continues in a strong position; ‘the demand is active for almost all descriptions goods. The manufacturers are mostly under contract and are thus unwilling to enter into further engagements except at rates, which has caused buyers to pause. Yarns are in great request and have experienced a further rise of 26d. a 34d. per Ib. The less favorable accounts of the ‘cotton crop are received with some anxiety, but saleo good deal of hesitation. it is an erroneous opi- to believe that all the spinners are short stocked with eotton; we could name a good many who are provided for early the whole of the remainder of the year, and due allowance should be made for this when the weekly deli sverics are taken ag an estimate of the consumption. It is, however, true that the consumption is very large at pre- ‘The weather has become much more setled; harvestin, , therefore, vigorously ; but it is to be apprehend- ys ‘deal of wheat has been stacked prematurely ef late. agricultural markets have not varied: much; prices bave been mostly maintained. ‘The Bt. Petersburg journals of Sept. 10 announce what they call a decisive defeat of Schamy! in the Caucasus. According to them, on the 2d ult., a large detachment of hls forces attacked a Ruseian column, but were repulsed with considerable loss, whereupon Schamy) resolved to make a diversion. In this movement he encountered a Roselan column. The Russian General manouvred in Buch & way as to entice him forward, and then dividing is force in two columns, he attacked him both right aud Jeft, and at last routed him, capturing, besides $4 horses, 424 mutkets, 280 swords, 445 pistols, and 14 tents—one of the latter Schamyi’s own. It was on the 1th ultshat the engagement took place, and it is said that the Russian does was only fourteen killed and sixteen wounded, ‘The European and American Steam Shipping Company iesued a circular to their shareholders, notifying that they had made an arrangement with Croskey & Co. for the set Wement of all matters in dispute between that sirm and the Board. Croskey & Co. are to pay into the hands of the @irectors £30,000 forthwith, on the attachment being re- moved, and are to find the money for sending the Lady Jocelyn and Calcutta to sea—tho two ships under engage- ment for the conveyance of troops to India, The Board Dope that the arrangements in progress will enable them fo pot all the vessels of the company into profitable em Ploy ment at an early period. A deputation from the Great Eastern © °amenip Com. pany had visited Brieto! with a view of ascertaming tho @apacity of that port for accomodating thelr mammot ‘veesel, it having been found that Liverpoo! and Southamp ton would be unsuited. ‘The London Times strougly a‘lviees the purchase ef the Great Fasiern for the royal navy, to be used as a doatin¢ rain, Observing that ton years bence, when the ship hn Aouger saleable, Parliament will be asked for a million o money to build such a vesse! from the keel and it wit ‘eoet two millions 40 do so. ‘The acceptances of Messre. Ascol, Hartwig & (o.,0 Manchester, hai been dishonored. The firm were con pected with Portelli, Schembri & Co., of London, in tho ‘Mediterranean trade, who lately suspended. ‘The Doncaster St. Leger was won by Mr. Merry’s Sun- Deam, Lord Derby's horse Toxopholite coming in fourth Mr. J. C. Coale had been appointed agent for Lioy d's, at Baltimore. Mr. William Wier, principal cditor af the London Naw, iw dead. From Austria we are told that the constroction of the temporary railroad bridge acro*s the Rhine, at Ket!, bad commenced. ‘The States General of Holland were convoked for a now seneion, to commence on the 20th of September. ‘Tho Spanish Chamber of Deputies had been distoived> ‘and the new Houre had been convoked, to meet on the Ist of December next. Some disturbances took place at Pinta on the occasion of a religious fete, and the Madrid Bepana ascribes them to Protestant agents Tt was reported at Berlin that the Prussian Chambers ‘would be convoked in a few days, and the Regoney of the Prince of Prussia declared. That dons, there would be a @igsolution and gencral elections. The King’s family phy: siciau, Dr. Boeger, ie said t have frankly declared that ‘there wae no bope of the King’s complete restoration 40 Death. ‘The vintage of Portage! will be the most abundant of the lost five years. Late advices from Constantinopic say that the excite ‘ment among the Mussulmen ia various parts of Turkey ‘was daily and hourly increasing. The sums spent in the Purehase of weapons are said to be enormous. ‘The son of Fuad Tacha was to set outon the 1th of September for Paris with the ratification of the convention relating to the Danubian Principalities. It was reported that on his arrival in London he was to demand explans tion as to the bombardment of Jeddab and the occupation at Perim. An insurrection had broken ent at Dyerbigian Persia, ‘Dut bat been suppressed. A case of plague is said to have oecurred at Alexandria, Said Pacha had by his energy intimirated the fanatical ‘Mussulmans. Several ulemae bai been banished, and sevoral pachas and beys vent to the galleys for peculation The mails from India and China, aiready telegraphed, had reached London. Full detatie are given of the treaty Megotiations at Tlen-tein, but little of importance i# adde:t to our previous information, In some e:litorial remarks on the subject the London Times cays: — Tour information be correct, the two mort important articles of thie treaty—the Resident Minister nt Pekin, amd of Englishmen to go to any 4 of the emy for OF trade—were in peril at the very Inst moment, and wero obtained by England singlehended, and onty by a stroke of happy audacity. In the same article it is intimate! that tho Russians rerorted to some Wirigues Ww defeat the negotiations, and that When the Rossian and Amorican eagles take a compan von the younger bird does the work and the elder eats the prey The ship May Queen, of Bath, Maine, bound from Got tendurg to Boston with a cargo of bar iron, wae aban doned at eon in a very leaky condition, on the 4th of Sep- tember. Her crow and passengera were taken off and conveyed to Glasgow by the British ship Sir Jobn The mails from China, received in London, inform a that at the latest dates the United Btatap steamer Minsia sippi was at Hong-Kong; the frigate @erfantown was in the Canton river, and the steamers Powhatan aod Minne. rota were in the Guif of Pechell, A Vienna despatch announers the doatb frou typhus fever of the Archduches# Margarot, danghtgr of the King of Baxony ond wife of the Archduke Charles, brother of tho €mperor of Austria. ‘The Landon Tints of the 16tb inst., speaking of te pre hable fate of Mexico, says — ‘The fact apparently ie, that Mexico must be held tn t ‘ment, not on account of any inberent diMoulty in tho wwe. onsen of » but because of the rivalries of the abo. Wtion and riave parties iv tho Union. Government can take po step w their mutual consent, bat private flibue cap act without consulting eitier. Whether the wbougbe thet i this way also the country may be ac MORNING EDITION—THURSDAY, SEPTEMBER 30, 1858. satkant on srs greatest of the earth would force her on to a state CC -conenen Al Heian GS Eee ms had made over to The screw steamship Alpe, from New York, arrived at Liverpool at ten o'clock on the morning of Friday, the 1th September. ‘The Ariel, from New York, arrived at Southampton on the night of the 17th. ‘The steamehip Canada arrived off Liverpool about three ‘o’cloc on the afternoon of the 18th inst 178 ELECTRICAL CONDUCTING POWER TNJURED—IN- TERRUPTION OF THE CURRENTS FROM NEWFOUND- LAND—A STRAIN OVER A SUBMARINE MOUNTAIN RANGE DREADED—MAGNETIC STORM ON THE CABLE’S TRACK—HOPER OF THE COMPANY. ‘alentia (Sept. 12) Correspondence of London Teed The sound of rejoicing for the completion of the tele- grenue communication between England and America bad ardly ceaxed on both sides of the ocean which has heen 80 Wonderfully intersected by the wire, and the ovations tivities in Lonor of those who were instrumental in ng the great work were still at their height at this side of the channel, when a gloom was cast uj all by the sudden and unexpected announcement that intelligible signaix had ceased to come through the cable. The public, and thoge interested in the success of the undertaking, have doubtless been much surprised that so many days should have been allowed to elapse since the announce. ment of the failure of the signals without their being ac- quainted, cither through the company or newspaper cor- respondence, of the progress of affairs at this terminus of the Atlantic wire. But the fact is, that be- yond the bare fact that signals were not re- ceived, there has been nothing to communicate until the results of the investigation of Professor Thom- von, Mr. Edward Bright, Mr. Varley, and other scien- title gentlemen, who have been experimenting upon the cable for the past few days, had transpired, expe- riments have not yet been completed, but sufficient bas been done towards pointing out the exact position of and probable nature of the fault to justify the public being made acquainted with the facts, In order to make the present condition of the cable per- fectly understood it will be necessary to trace its history irom previous to the landing of the end at Valentia down fo the present time. In a former communication contain- tng the particulars of the last successful cruige of the Aga- memnon, it will be remembered that reference was made to a very sericus electrical fault baving occurred in the cable on Sunday, Auguet 1, after about one-half of the dis- tance from mid-ocean to the shores of Ireland bad been traversed, ‘Though that fault (which was apparently a break in the continuity of the conductor) graduatly recov- eved iteelf after having caused es trouble and anxicty for some thirteen hours, yet the electrical condition of the cable had evidently reecived a shock from which it never completely recovered. This was, however, regarded as a Matter of very little sequence, as the currents which were both received and transmitted were sufficiently good for all the parpogcs of telegraphing. During the remaining three or daye which were occupied in submerging tho remainder of the wire, its electrical condition was very variable, being at timer very good and occasionally indifferent. These va- riations were at the time referred to the effects of mag- netic storms and earth currents, but at no time was its rondition so defective as in any degree to impair the tele- graphic commonication. From the time of landing the end, on the Sth of August, to Monday, the 9th, the eable continund in fair condition, though a slight defect, of no consequence in working, was observed im the insulation. Upto that e nothing but alternate positive and negative currents bad been re- ceived from Newfoundland, though words and adjustment messages had from soon after the landing been continually sent from Valentia, That evening, however, coil currents came with the words “send slower and repeat” from Newfoundiand, being sent by Mr. Whitehouse’s instra: mente, and ‘received apon hie beautifully con- structed recording relay. It was soon found, however, that Mr. Whilehoure’s receiving relay, though ‘admirably adapted for receiving messages through the cable, ‘been adjusted aud constructed un- der tho very natural belief that the eablo, if landed ut all, would have guffered little in its electrical condition, and it wae found notte work with certainty with the compara: tively feeblesignais which arrived ee American continent. Profersor delicate reflecting gal- vanometer wae accordingly substituted for it, through niessages Were transmitted from beth endeas usual by Mr. Whitehouse’s patent, It is neceesary to mention these apparently trifling circumstances, in order to correct an erroneous ampression which has doubtless unintentionally been created by a letter recently published by Mr. Whitehouse, Noone can deny tho inestimable services rendered to the cause of Atlantic telegraphy by Mr. Whitehouse in bis capacity of electrician, or the energy aud perseverange with which he’ pursned his electrical experiments through a long period, when it Wa more than doubtful whether the cable would ever be laid to render practical his discoveries and in- ventions, Whatever 4 be the merits of the dispute between Mr. Whitehouse and Telegraph Company, whether he hat or has not treated, is a between to Sal . received an. sent of their constantly repented several (imes, it was evident that in Newfound. land the signals were not read with the same facility as there in the contrary direetion to Valentia, This cireum- stance tended to prove that the fanlt which was observa- ble Was somewhere near the Irieh coast, for any defect more (hau Uiree hundred miles from either coast would afiect the traxemalasion sind reception of both ond». Accordingly the cable was ui distance of abort three mites from Valentia Island by Mr. Canming, cut, and tested through by Mr. Bartholomew , the electrical superintendent, who found that whatever fault existed wax far outto sea, The ends wore accordingly ined up again, without a new piece of cable being laid ‘ween Dowlas Head and the shore. From this to Saturday, the det of Angust, the fault was very variable both in its nature and its apparent dis. rocy to be pearly 270 statate miles from the Valentin end of the cable. A'l this period the electrical condition be- came daily worse worse, and it was only with the pene fey a4 and by nena La ay we rious official and congratulatory menrages between Fogiieh and American nathor ties were transmitted to Newfoundiand, the meraages back tw Valontia being in altnost every ease clear and distinct, ‘The condition of the wire became daily more Mfulty un- Ul the Slst of August, when a government wae despatebed through the cable for the colonies, and on the morning of the Ist of a recond government ineseage war iy after it been duly acknowledged the juewiation wire became suddeniy worse, and it was found to make them understand at Newfoundiand. Words mereages were continually transmitted, but it wat soon evident that op the American shore they could only just aietinguieh that rignaig were being sent, for the only answer received at Valentia was “ Repeat’ and “ Noo t understand,” and cven thege small phrasca were oniy distiuguishable at intervals; and since half-past one of Friday, the 4th of bes ta mony whatever has been received. Oren very distinct reversals (a& rogniarly aiternasing postive Gnd wegative euerents are termed) have be ved, comet #0 strong and good Lat bad they been sending words from Newfoundland they mighihave been distinetly read on the reflecting galvano- meter Of Pootessor Thomson. When the line is not in nee for the porposes of testing words, short messages are con- tiawally despatched through the wire for an hour at a time, and then for the oext hour the galvanometer js watched for the answers, which, excepting the reversals already alluded to, never come From the time of the first cessation of the signal up to the present time Professor W. Thowson, Mr Variey, and Mr. Edward Bright have been engaged day and might jp testing, and have come to the conclusion that the defect i a lone of insulation about 270 miles (along the a Valentin. This, ealeniating the amount of wlack cable paid out during the later days of the submorg ing operations, wonld place the fault about 220 statute miles from shore, or saznewhere apon the mountain range which divides the depths. of the Atlantic from the compa. ratively shailow water leading from the Irish coast. Rete renee to logs and diarieg kept by those on board the Aga memnon during the submerging operations show that this bank Was crossed between four and five o'clock on the afternoon of the 3d of August, more than an hour before the expected time = it had been intended by Sir Chartes Bright to allow me eat quanti of lack cable to run ont while eroen or it might reach the Dottom of airthe inequatition which might exist there discovered by the sounding line. But, from some u pinned cause, the Agamemnon throughout the whole eruire steamed ata ‘speed than was registered by the log line. Owing to this cirenmstance the bank was reached at least am hour before the expe cted time, the first intimation received by those on board being a su: decrease in the registered gtrain upon the dynamometer and an equally sudden failing in the speod of the cable, the ship maintaining the same raw as registered by t log line. Sit Charles Bright's attention wae called to the cirenmetance, atl he, seeing at ones that the cha water was aprons hing or had actoatly been reached, ordered the weight @ be taken off tho breake and allow: a large quantity of elack cable to go overboard. It must atwaye remain @ matter of doubt, however, whether the falling off of the strain on and speed of the cable was ob. sretk! z228e? 2. upon what grow ifficult to say, I Hits opus eee tro emendings, soaagh eaty cee at the to] two » iniles apart, show a difference in statauion ‘of 7 fect Of the nature of the inter no ono can o course form any conjecture. the of thi submarine mountain (for it can be called p ebRo are broken by ravines and: ohiffs in ‘sam: way as the sides of the mountains on land are, nothing but a clove and careful series of soundings can ever do termine, That such a series of soundings were not mad by Commander Dayman at the point in |, when h- sounded across the Atlantic from the Cyc! ‘was, we be- lieve, due to the prevalence of bad weather at the time. Iti perfeetly conclusive, according to of Profersor Thomson and Br, Varley, that reached the conducting wire in at least one place than (wo hundred and twenty miles from the shore, an as the currents received from Newfoundland vary from one two-bundredth to only one nive-ht strength they should be, be deceiving slate thal the (ee ery the most serious nature, But stil it ie believed possible . cate instruments, and with proper concert at both ends cf line, to work through during some vided the condition of the wire becomes no worse, Negative currents of electricity are now used as much as. possible in the transmission ais, for were positive currents used th ‘of the wire, by decom. posing the galt water in contact with it, would be oxydized through in a very short time. Mr. Heniey, who has been for some days experimenting upon the cable, is sanguine of making the line again serviceable, by the use of his pow- erful mayneto-electric machines, which are now on their way from London. It is as well that every oxpodient for working the line in its present defective condition be tried, as the chances of successfully underrunming the cable as far as the point of injury are unfortunately vory small in- deed. ‘The extraordinary phenomena of the natural eur- rente of electricity, which are continually traversing the surface of the earth in various directions, act by their in- ductive effects upon the great length of cable submerged, and disturb the needles and galvonometers at both ends of the line to a considerrble degree. This nature and ac- tion, if properly observed and studied by means of the AUantic cable, would, no doubt, throw cousiderable light upon the phenomena of diurnal magnetic variations, to ac- count for Which no satisfactory. law has been proposed. On the night of Monday, the 6th of September, one of those extraordinary phenomena cailed magnetic Storms must have passed over the track of the cable, for from half-past eleven to half-past twelve the reflecting galvanometer in connection with the line was most violently disturbed, The reflections were 80 rapid _and violent that it was only occasionally that the reflected ray of light could be distin. guished upon the reading scale. sO Magnetic storms are by no means of rare occurrence, and,ts well asthe earth currents already mentioned, sometimes cause great delay and annoyance on long lines of telegraphic communication. There is still a very generally prevalentidea that one of the principal faults in the cable is comparatively near shore, and though this supposition is I to the very, conclusive bs oes tnenis ef Professor pon and Mr, Varley, yet it is a question whether, forthe fnil satisfaction of the slimreholders, it would net be worth while taking up tho cable for a few miles from either shore, and then texting through the middle portion, These | operations would undoubtedly beattended with considerabte expense, und itis, therefore, probably not thought advivable to en” gage in them until it has been ascertained byw matters stand at the American terminus of the cable. Mr. Lundy, one of the olectrical assistants, proceeds to Newfoundland on Tuesday, by the Prince Albert, from Calway, tor the pw ¢ of ascertaining the condition of the wire at the other terminus, and also for the pur pose of arranging a day on which a certain known code of signals are to be sent at concerted times from both ends, and to endeavor thus to re-establish intelligible comununication, Even looking at matters in the worst light, and supporing the cable ax far as practical work ing goes a failure, not only bax the practicability of submerging it been demonstrated, but also tho practi. cability of working and signalling through it. Tbere- fore, it is net to be en for one moment thas the public, both on this and the other side of the Adantic, yi ever allow the grand scheme for connecting together the Old and the New World to full to the ground, even if ten cables instead of one be sacrificed in its accomplishment, Atthe same time, private enterprise, unless adequately encouraged by the two governments, cannot be expected forward and expend vast eums of unoney in the nmannfactrre and sabmerging of another cable, with a fair chance against them of loging both capital and intercet. ‘The Atlantic Telegraph Company have expended nearly haifa million in the manufacture and laying of the present le, for which the English and \meriean governments guarantee £28,000 a year for a certain perio’, contingeat upon sucecss. But should failure both the capital and the goverument aubsidy ar) jest, and the sharchoiders are expected pabserihe another half million for another wire on the e@f-saie basis as before, and with the same chance of losing all before them. Under there ciroumetances it !s not surprising the difficulties of raising the capital for a new cable are looked upon a8 almost insurmountable. If the Euglish aud Ame- covermments are really anxious for an effective tele. ration between the two countries, they 0 ter a certain though small percentage on the total capital expended tn the completion of the Tine, and money will be forthcoming for new wires should five OF £1x be lost betore one ie succesefally completed. {From the London Times: J article) Sept, 17. The shares of the Atlantic Telegraph Company have experienced a decline to between 420 and 460. the recent experiments induce a belief that the fracture or fracture®—for it is thought there may be two—will be jound to exist at a distance of between two and three hundred miles from the shore. For about two hundred and thirty or two hundred and forty miles the red and ten fathoms, and w! the mischief could easily be E A tall of about £50 per share u pression hav' atre the cable lies a great out at sea, The que. tation this afternoon was £330 to £370 per £1,000 being but little above the extreme point of the whieh was wittensed a fow woeks ago, when doults ax to the practicability of laying the cable were generally euter- tained. ANOTHER LETTER PROM MR, WHITRHOUSR. TO THR EDITOR OF THR LONDON MERA. Tt ie not surprising that the of the Adantic Te- legrapt Company are < astonished * Peg Fats hvehed op in a board room, oF the more " Of dimming an orton fii susie st vertigat shakentoa 208 wt Fer granted shall take place bande of the shareholders of the company.) whom the bn ped a are immediately et ~ ever, every telegraphio despatch spon U t chal be publivhed in foil. is, sir, ik MY Anewer to the unwarranteble language contained in the letter from the Secretary, which, after pea elem language animus whieh dictated it, and will, perhaps, satisty the public that the investigation should be efitrusted to other hawte. A single expreeston in my publighed letter 1 now find, from more recent information, hae unintentionally de prived a friend of credit due to him, The President's re- ply to her Majesty's mersage, received shortly after my departure from Valentia, while ft was transmitted rom Newfoundland (9 a}! others have been) solely by the use of my instruments there, was reecived and recorded at Valentia by the combine: use of instraments of Professor Thomson and my own. Lam, sir, your obedient servant, REWARD ORANGE WILDMAN WHITRHOUSF, Electrician, Projector of the Atlantic telegraph Row at Ixerivnio, Albemarle street, Sept. 15, 1858, {Dublin (Sept. 17) Correspondence of the London Port.) ‘This knot of vocaliets eailed in the Prince Athert from Galway on Tuesday, They are, , about to falti! an engagement in New York and several other cities tu the States, Before the departure of the vessel they were entertained at the matter, says:--After the supper. pont hed voce: dene fa F) wy] repre jus lee to, Captain Fens Aid ena teak bee, Genited to. propics the faraiie ot “The National Opera. 2+, Sham he was bagpy fo v see around him, and dont tot was director of the company, and terms. of con- vivial harmony and as was scarcely known before of Gal way. Lucey Becow, beanth fol style and with fine Srom the “ Rohenian Girl of the Regiment.’ Mine Hey: taste The harp that once through ‘a Cooke sang ished the. eSjuytnentaet the ight ne te sping wished the night was £ i xqnisite hatlad, © The dream of the Trieh " Several other songs, all of a troly national wer, were during the n Ducand, Me. Squires, Mr. Cooke, Mies Hey wood, ook a ‘dete of the company, aud at five o'clock: morning ry retired to rest. PRICE TWO CENTS. The British Treaty with China. the North China Herald, July 20. We ere, from a reunile me! the summary ‘most important: ints of a treaty Was at Tien-sin on the 26th ult. by hip Recency the Earl of Kigin and the Imperial Commissioners Kwel- Hang and Bwasbous, an@ which has since received the rat tion of the Enyperor, The tweaty containg fifty-sit articles:— } confirms the treaty of peace at abrogates: oa 1 Go ett en ws Pein und it oi ee a Bae raion provisions ec ‘anent em cadulinent of Ube rts Minter at eka, ie amily “and tutte Artdmakes provision for the travelling, postal and other arral ita of the resident. th Arteh. The. Brits Minister: to tennaact buslaces with. the of State on footing of equality. he sume privileges aceordet! to Chinese Minister tn /. Provision with reference to Conguls and their oflcial “3 & Christianity, whether Protestant or Catholic, eae jwierated, = its professors rovected taroaysont ue to be tapers Se pincers British subjects or trade to all parts of the interior; bande BD ty wud cities in the rt. Chinklang to be to wade within a year from angst ras Tako ened, batho ovation ot Kiang, 04 far as Hankow, , i fs Saukew. 0) BS OGSORC, Oe. "Av Iie (w Niu-ebwang (Manchuria), Tang-chow (@ult or mosey th ‘wan Formas Awatow eee oon ‘ tin aaa bo he rage porn ‘ a Hartt be rvvigaby an Angi Comimnission re . ties leviable at inland custom bousea to be published 7 inewe. The British merc however, to be al- bas chooses, to commute the ‘anait dues at an ad va- lorem tate. Art. @ Reduction of tifieate 1 vessels enge rt, Onicial ‘be tor the future con- Kngtish on the part of Eagiisb officials—to he accom- eso version for the present—and to bo con- fess Spee, and @ four months’ cer- ‘hinese official ny. Art. 32. British ‘war to visit any port fn the ire. The commanders to be treated on terms of ex hy Chews et Bux) Measurce to be Concerted for the suppreasion of Mare 84 Favosed nation elauge. ditions the Canton Iudemuity question, tobe in a separate article. Art. 00, Ratifications to be exchanged within a yoar. Prance. ‘INE GOVERNMENT OF ALGERIA—-MORE NEGOTIATIONS AND WAR DEMONSTRATIONS IN CHINA—THE MIN- NIB RIFLE SUPERSEDED—THE BOURSE. We have news trom Paris dated on the 17th instant. Prince Napoleon's journey to Algeria had been further postponed, with a view, it was supposed, to the prior set Uement of ali the questions pending in relation to the or- ganization of that country. ‘The French are said to havo seoured a brie Lane tye King of Korea, a vassal of China, for the estab! tof a French commercial settlement in his country. The at: tack upon the Emperor of Ava, who has refused to yield to the demands of France, is imminent, the to at- the Bay of Turowe, near Hus, having already been — Moniteur announces the cessation for tho interim of the Ministry of Pubiic Works. The minnie rifle is, itis said, to be taken out of the* hands of the French army, and to be replaced by an arm constructed on the same principle, but which is much lighter and easier to bandle. t ie vuthored that Mar2ha! Canrobert is to be married to the Duchess of Solomanzor. On the Paris Bourte onthe 17th inst. the three of cents n opened at 72f. 70c., and cloned at 72f. Me. The four a@ ball per cents were done at 96f. Italy. THE NEW RUSSIAN PORT IN THR MEDITRARANEAN— WHAT SARDINIA HAS CONCEDED—A POLITICAL AMNESTY HOPED FOR IS NAPLES, ‘The Puris correspondent of the Loudon Times saye that the story that Sardinia had coded, for aterm of years, the Lv ‘ef Vilia Franca, in the Mediterranean, to the Rosia government, is entirely untrae, The Sardinian goverument burl cimply grauted permission, temporarily , fo the Russion Steam Company of Odessa to establish a couling station at Villa Franca, On the same subject the Yaris correspondent of the London Past says:— ‘The fects are simply theve:>-—The Sardinuua goverument bas accarded to Roesia the port of Villn Pranca as a depot for coal gtd naval stores generally necessary for repair- ing Vesket, on terms similar to those contracted for the selue porpose® with the government of America—the United States having, as all the world knows, used spezzia for their naval halting place jn the Mediterranean. The Nugeian government will, like that of America, pay a cer- tain sum annually for the convenience, but the precise TONE 18 Not yet ted. Reper ts that the King of Naples was about to grast a political aunnesty are deed ty: 1 “ hat Boron Frankel ASI, Petgrsburg letter says aron Frankel, @ bauker of “aw, and M. Homberg, of Parie, have sub- i oe Sie eourenmnent.e Soenciel ples ¢ ote Wy the, capital ci pensente, ling toa ban of See be es. tablished, with a capital equal to the whieh is to be pax! to the proprictors—the notes isened to be wtti- mately withdrawn Ron cirentation by means of a sinking fund.” The letuer fe are ey: Se being adopted, t ye with some me y The Russian which recently sailed from Ports. month, had arrived at Brest Advices. from Berlin state that on a formal aud prene ing invitation from the Emperor Alexander, the Prince of Prussia would \ init Wareaw lo witness the ¢rand military cvyelutons to take place there. Mivices from Nicolaief announce the destraction by locusts pud het winds of the grain crops in the Ruesian territory of the Black Sea. Fmperor Alexander wishes the Grand Duke Mi | to lake the post of Governor of Poland, in the room of Prince Gortechakot, who wishes to retire. Markets, THE LONDON MONEY MARKET. Pee ote ne (oil uole . 18, in the Btock Snags oder i) ae asa at yl porary the new India loan, There was a mits today. storks have been active, but #how Ii change. In the foreign thig_ afternoon the rates ‘were abont the same an last post, The final quotation of the French Uhree per conte on the Paris bourse this eve. Decrease. 65,087 Increase, 3.508 Tnorense.. £18,245 V5S1IT4 Decrease. S118 2. 12,270,970 Inereano,. 621,250 ‘The amount of notes in cireulation i £20,155,080, ve ing a incr ase Of £140,490, and the stock of boilion in bot! ory is sere showing . on inerease of when compared with the preceding return. ‘The fuctuativns in the “ga Gy ve been un important, but the general tendency was unfavorable. Tn American securities New York tral were firmer, im miacollancous securities ther. was a plight fail in Bu: ropeap and American steam. Auantic Telegraph were negotiates! ot 315 and 330, the final quotation being 320 to 360, or £100 lower than yes. terda: Ted Sea Telegraph left of at 1; to \ preminm. [By telograph from London to Liverpool. } Loos, Sept. 18—P. M Conso!s close steadily this afternoon at 97)4 @ 974 tor money, and 97% @ OTs for account. AMERICAN GRC ETT re. D. Bell, Som & Co., of Lowden, report ag foi- lows — ‘ing the past week more activity im the market jor American State stocks, and whilst the in. ry hay beem general, dhe chief business has been ix Pennsylvania State & por cent bonds. Sales of she we 5 per cont ernment joan have been made at 0% stem’ from ist of January newt, and the pre sent price @ 44, 10%, In railway -curities thero haw heen but a limited business, and that chiefly comiined to the bonds and sharce of the [tinois Contra Feaitrew United States 6 per cents, 1867-08..........108 4 105 Do. 6 per cont bonds, 1868 105 4 10645 Alabetua & per cent bende... . + os Bt a= Kentucky 6 per cent bends, 1868-72 a a ® feerzeee® evens sterling bonds Me 8 larsachweetts 5 per cone sterling bpurs..... 10R%¢ a Ohio 6 per cent stock, 1908.0 — o oe Penney lvania 5 per cont stock... » Thy a 79% Le 6 per cemt bonis, 1877 - Mig a Big Tennessee 6 per cent bonde, ai: we ae Virginia 6 per cont hone, 2 «a Do. 5 per cent ster S a Mt Minols Central T per a 82 Te, 6 per an pe Tper in ca * 3 Lo ” Mi higen Consral § per cont, 5 s De shares... ® 4 ® a “k bnsiness took off 12,000, and a lke quanti. ty Was dieposed of of Wedneeiay al still herdening rates, and ‘ards, without checking the ardor of bry er. Ve was scarcely 80 brisk, but y the sales reached 10,000 baice at the advnoee exerbttdved. Speculators and exporters have pur tie . tent in the daily tranesetions and the mark. t has again) f, com iting to thin Havering stato of trade in ihe ssanutacturiing dietswebe, peete, Relief also having been afforded to those desirous: of reducing their interest, it is but reasonable to suppore, as our stock diminishes, will be im- parted to the market, aud we may yet see much higher prices before any amonnt of new cotton can be received, Viewing the prevalence of fever at the American seaports as Nkely to extend, and seriously to interfere with early receipts and Fl te. ‘Vo-+iay’s mar! is steady, and prices firm at the quo- tations, which are raised 34d. to 3-16d. per Ib. on those of tast lay. The estimated sales are 10,000 bales, of which 4,000 are to speculators and exporters, The total sales ‘of the week amount to 42,770 bales, of which 64,090 are American. Speculators have taken 17,270, and an 9,280, leaving 56,220 bales of all kinds to the . The import for same timo is 8,548 bales, of which 3,607 "the known to be at sca from American ports wn at sea from Ameri port is abou 50.008 bales. tr PRICES TO-DAY. oval New Orlean! 7 T5-16d. aaca-ngiea. Mobile... Md. 5igd.aBi6d, Atlantic 73-1ta. SN abga. ‘Total taken for consumption, bales..1,564,970 1,566,420 «6 export. (actual)... "188, 218,311 Amer. Braz. Byyp. Kind. WL That. Stock this day 478,440 11,700 24,400 30,820 3,800 557,860 Same time '57.219,000 15,240 7,670 70,170 410 312,490 ‘The Manchester market for both is and yarns has advanced even more, in ratio, than the raw material, and erally arc so well engaged that many refuse namie pr! for future delivery, in which way basinees is eae mene it where orders can bo placed ac ween asking rates and buyers’ terms re- suits in transactions. Our grain market still wears a listless aspect, and ope- rations are confined to the immediate wauts of consumers, without material change in value of either wheat or flour of good sound quality, which only is in request. Indian corn has heen more sought after, and is Gd, a 1s, per quarter dearer. The weather bas been very flue sean, and advantage is taken of it to secure the crops until late- ly in the ficlde, Ashee—The sales are very lituited, at 928. a 32s. 6d, per ewt. for pots and pearls. “Bark. ly restricted ly at Os, Od. a 108. for Philadelphia ffrsts, 7s. per cwt. for Baltimore. Lard is steady at 608. a 628, per cwt., but trangactions ynimportant. Linseed cake is in good de- mand; sales 150 tong, at £9 10s. for thin oblong. Rico— Operations are coufiued 80 tierces, at 188. a 198. 6d. por ewt. Rosin—Sales embraced 4,000 barrels conmon at 48. & 42. 3d., wp to 198. per cwt. for very fine quality. Turpentine is only in retail request, at 38s. Gt. a 308. per wt for spirits, The above include the week's returns in American produce. Serr, 18-1 P. M. There is a strong healthy footing in to-day's cotton mar- ket, with probable sales of 10,000 a 12,000 bates, 2,000 a 4,000 to speculators and exporters. Holders meet the de- mand freely at the quotations of yesterday, but evince no eogerness to realive. In other respects nothing particu- larly new. ‘THE VERY LATEST MARKETS. LiyERPOOL, Sept. 18—P. M. Corron steady at yesterday's rater. Sales of the day abont 10,060 bales, including 1,000 on speculation and 1,006 for expori, Market remains firm. BRRADSTURKS. —Richardgon , Spence & Co. report the mar- ket quiet and no business duing im any article. Weather Puovmoxe unchanged. THE TURF. Fashion Course, L. 1.—Great Racing—Grand Assemblage, and Glorious Time Made. The opening day of the race mecting on the Fashion Courve commenced on Monday under the most favorable avapices. The weather was delightful, the attendance large and fashionable, and the arrangemeuts on the course everything that could be desired, while the track itself ‘was just the thing for fast ime. Everything that could be done was done on the part of those having the manage- ment of the affair to make jt alike creditable to themselves and satisfactory to the pablic—in which they succeeded: mont admirably, Mr. 0. P. Hare, aware that tho poople of the North were willing to patvonize the turf when pro- perly conducted, wisely determined to offer purses high enongh to induce the owners of Southern stables to bring them on and place them in competition with these of the North. Te has been successful ia his enter- prise, a8 Monday's events fully proved. He has varied the whole programme of raciay, and insteat of one race a day as of old, three are given to the public, eommenc- ing and ending the meeting with a four mile race, and @ handicap on the Knglith plan on the iMtermetiate day. Such an array of flue horees were never here before, and we feel confident that all the prizes offered will be run for, Among the visiters on Tuenday we noticed some of the most prominont individuais of the country from all seo- ous—ameong others the Cov , the French Minister: John Heenan , the . John Sudell, ‘Senator of crimoline, ine , We lily expect to Fee their numbers greatly in- “rive sport ad the lay opsered with ho ty day opened with the sweepstakes, mile heats, for three year olds. Ont of five entries, two onl: 4». f, Goldjeat, owned by Wm. Hl. ’s Neck, owned by F. Morris, idedly in {aver of Goidleaf—two to one was | offered Without takers. Theat.—At the wap ot the dram they went off to- gether, tbe are leading around the first tara and to the Aatroteh, when Gokileaf went up aud lay alongsite for a quarter. On the lower Warn the filly gradually got away, and came home an casy winner, by a couple of lengths. ‘Time 1:60. Second Heal.—This heat was not eo interesting as the firet one, it being evident that the grey was unabie io cope with Gekdiea’, The filly touk the lead at the #tart, and ‘A gap of three on the first quarter felained it to tRevacore. Time, 1:50). The following is & summary — Faamex Covrse—Finet Day—Moxpay, stakes for three year olds, mile heats: et forfeit; closed with four nomination |. Gibbon’s bf. Goldieaf, by Trajan, ou Sallie Wark Jobn Reber & Katz's b. «. out of Lady Canton, by iauper Joba Hunter's ch. g. Jim Watson, by is £00, oUt of Too Koon, by Sir Lest Time, 1:b0—1:50!4 THE POUR SUR RACE, The aweepriakes being ov great four mile race, and the oy tpeculation a# to Ure result of the contest, first favorite in betting, im many instance the field. Sue Wa: against estimation, and eighty war 4 Inport boing taken fanked next in public ope hundred that she would carry off the prian, and very large amounts were ported on ber. Very ifttle was raid about Tar Kiver Amateurs seeming. to Know little of hin, except that he had beaten Sve Washington at Broad Rock, in Vieginia, under cirenmetances unfavorable to the mare. His run: ning, however, proved bit to he a moet capita! hora and & dangerous competitor ina four mile run. fo was ad mirably ridden by Giipatrick, ak was also Nicholas by Webster, All the horses looked uncommonty well, while the performance of Nicholas, iu winning a secoud heat in 7:85, justified the high estimate that had previously been formed of his powers as arncchoree, The two middie miles of the second heat were run in quicker time than ever heforenB@e— (except hy Hegira, 33444 with eateh swoights Up, at New Orleans in t8o)whiat the feet, seound and third miles were rou within one seeond of the colebrated performance of Brown Dick, in a three mile race over the Metarie Course, at New Orleane—bie time being 6:28, the — $:20—and this also with Northern weights, ‘the heat iteeif has ouly twice been equalled, once by Mies Foote, and recently by Kupee, both } + nag weights, ou Soughern tracks. But to describe the race: — First Heat. —The horses went off very leisurely, Nieho: Ine ‘at firet, but so0n heli wp and iet Tar iRiver go 4 evidently intending to trait throughout, con Previous surmices that she wae not going to make for the first beat. They ran two or tires lengths rt through the fret mile, and on the second (he di« ‘Was aninowhat imereaset, when Nicholes would River as they neared the stand, appa. intention of oeasionally trying hie Was very slow for two mile aud & seomed 4 by all of them, As stand on the bird mile the ree Nicholas wont up and collared and neck struggle ensued between termination of the heat, when Tar shaking Nicholas off, and came home im 780%. Sue Woxhington was some at the end, not having once been pen iro run, showing that provions opi Although the three fret milew of hia eS ft Es =? i | Ff ay ‘i 3 i ry tf H i Hi i i i heat wore ron in comparatively ‘ mile was the quickestever made in thy North iv four mile heat, being mn in 1-47.44. Second Heat.—After the usual interval between heats had expired, the horses were sammoned, and got ofall in a heap, but at a mach quicker pace than In the previous E iE E lead at the first turn, Tar River . They ran throngh three miles hardly vierble at any time be Was parsed tree times in that Bue Washington, from some anex and did not start again wntil all the others was Out of the question, said that thie was a snlk on the part of |, however, that it waa mistake on Whe supposed that the heat was improbable, as the rider could nut that the race wor over, when the other in front of him, rawning at the top of their |, Bue Wasbington at the time laying on their flanks the fourth mile, Tar River made a despe rate ‘at Nicholas, reaching his raddlo girthe om the truggle Was & prolonged one, yet hing the heat of that gallant AL a gathered himself, and 5 ta War whavailing, fs Nicholas, calling both on his peed and bottom, gafagt intained his supremacy to the score, in 7.35, the second fonr mile heat ever ron in thia section of Sue Lear was listanced. =The contest now lay betweon Nicholas and Tar River, See having been ‘awtaneed in the previous z tie i } FF; u z i fF F ; county. Thir beat, and was out of the race. At the taj f the drom Nicholas went off with the lead, it boing Sates ines. tention of hig rider to run bim az he done Pre: vio ver Sliow himaeit'ts be hea in The following is a summary ;— Seconn Rach—Saue Dav —Swee) for all Wise Four mile heats; $200 subscription ; half forfoit; with $1,690 added if the race is run. with eight nominations. oon Lg rte & ts 1. by Glencoe, out of annie Rhodes, ae ce sdaaanaher R. H, fick! 4 nh. 4 , 2 énRon’ River, by Nicholas, dam by Cimon, tte eeeeseeneees John Cainpbeil’s ch. m. Liswie MeDonaid, (lormerly Bue Wi Won) by Revenue, out of Sarah Wash. ington, by 6 Rare fy Reber & Kute’s br. m. Alainode, by Mariner, outo? Fashion, by eeeeeseeccssascsscageces oollly Wm. H. Gibbon’s ch. m, Mary Eveline, by Glencoe, out of Sallie Ward, by John R. Grymes.........0r. Jobn Hunter's b, h, Mohican, by Zingunee, out of Virginia Rose, by Trustee... oes csseeneees he ‘Thos. & Thos. W. Dusweil’s b. kt. Slasher, by Chikie Harold, out of Sarah Washington, by Ae R. B. Dickinson's ch, ¢. Gov. Wieklilfe, by ‘ out of Motto, by Barefoot... ode. Time. Third First mile. tog Second mil 1308 Third mile a7 Fourth ri 208 50 — — Totals... cece eens oe TOOK 1:35 1:00 The great event of the day—the four mile boars | deen decided, a sweepstakes for two year olds, a dash of one mile, was called on, and out of tho eft three came to the post, via: Crinoline, and Lioyd’s tilly. The race was won eaail We an bons’ Crinoline in 1:623¢; aud so ended sports of the first day's jer whic 0 ispersed high- Iy delighted with the ansurcmentafurded theta, FASHION COURSE, L.1—SECOND DaY’s RACTNG— THE FASHION HANDICAP SWEEPSTAKES— ANOTHER FINE DAY'S SPORT—TINE OF THE HANDICAP 4:36], The second day’s racing of the present meeting at tha Fashion course took place yesterday afternoon, and the sports were witnessed and enjoyed by as respectable @ concourse of people as could possibly be gathered to- gether on any occasion. Ags was expected, the number present was not quite as great as on the four milo day, Which is always crowded, but yet the atvendanoe wag very large. The races during the day wero very fime, par- ticularly that of the Fashion bandicap sweepstakes. Ag we predicted, the Goodwood timo wag beaten—the last horse having rum twenty Gve seconds quicker than tha time made by Sammterer, the winner of the last Goodwood, and thirty-five seconds faster than when Pryor and Prioress were defeated, Ifthis fact be not sufficient ta we know of nothing that will. Pryor, Priores# and Charlees ton were all well known bere to be superior borees to any that ram yesterday, and it was impoesibla for the climate of Engiond w have offeeted s@ eat a ¢ for the worse in their racing e understand that a number of wealthy ane Uemen, convinced that eur are superior a] speed and bottom to those of Great Britain, have it conteroplation to offer a challenge to the lish run a race of four mile heats, tor $100,000, which wou! afford a positive West of their ‘al four mile horses to select from b jas 1., Tar River, Suc W; three last of whieh will ran in morrow, Others may alse run, but are a fleld to be seen nowhere ei#e than in This handicap race, although much admired from it velty and the correctness of the of Hoots my Aeagions, fore. jt met opted tn four mile heats, instead present #ystena of Weight for age—as come herses are better capable of carrying weight than others, age. ‘The day's yeaterdiay lop by Geldleaf for ‘the ew for which there were four nominations, viz. beli’# eh. f., Reber and Kutz'# b. ¢ ‘vows’ b. f. Goldieaf and Thos, W. Doswoll’s Rone of which, excepling Goldleat, came to the port, did not ascertain the reasons of the of Gthere, though Planet was understood to have been loft im Vin io uenee of a ‘Lied jaw. 5 day's sport, waa not the ‘but that tor the great handicap, (we and 4 bail miles, imitation of the Fagtieh ~ accor’ to —y 4 carrying powers, the grevt olject In handieapping is simply to give all horses a equal ehanee, aud ‘peed alone will not suffice to carry off the priae. system of Randicapping, i properly carried out, man motion © & great deal towards the na an this as it would enable breeders lores to win prizee which, ander other ob stance? it would be imporsibie for them tw du. however, liable to objections in some respects, ant Agieat deal on the honesty and judement of tho handi- capper. as be w atany time lable to be ee no and misled by the misrepresentations of interes! js the case to a greatexten( in kugland at the preseut day. Sunt might carried out snecesefully, and very popular wu (lis country if all were as well as that of yesterday, No doubtall breeders of stock throughout the country will advecate ita ie Where mere speed in taken as it ia econntry, knewn integrity and ability, in w! contidence, selected as hai ont of condition, P of mt horees whee they imagine they have no of ng is well known We frequently ase on the oe Ofty or sixty nominations for a in which net more than half a degen come to The horses entered for thie race were Zanut!, Gentle Himan, Alamote, Mary, Evelyn, Cyar, M.D, uate, Charley Bail, 'Parachute, Toler, Jif Of this number there came to the port, Czar, Slasher Pon Juan, Gov, Wickliffe, MP ( Bpangier), and Charley tall The course being just one mile in cirenmference, race two miles and a half, it became necessary to horses on the baeketretel, half a mile from the jadgea? stand whieh brooght them (bree tines in front of the grand. stand in their renning. As there never hal been a rage thie description here before, there was mach speculation ag tothe winver. Public contitence, after a general sifting of the eu relative Merits of the different herees, how. ever, Mnally settled down on Stesher as the favorite against any named berse, and be and Den June os favorites gaint the Deld. We heard of bat ting on time, betting men net appearing to be — in that respect, although very antious to bt onthe oreee At the appointed time, the horves being in rendi- test they wore brougiit up for the content. ‘fer two or three attempis to get eventy, Ube: were at length started, Dow Juan om ie fend W 4 cond, M.D. third, Cear fourth, Charley Bait’ fifth, Gov, Wiektite inst. They passed judges’ stand without changing their relative poeitions, making the frst lel mile in fifty-two seconds and a half. Don Juan, Sianher and M. D. kept their places during the next round, whist Charley Ball and Czar changed positions, the former tak eoedence. The contest set in om the Inet mile im arnest, and in the struggle Charley Aull pareod M. and chailenged Slasher, hat could not reaeh bum. The struggle up the homestretch was beantifel and most ex- cHlDy, Slasher making repeated but unsucceastal offrrts for the lead. Don Joan won by half a length over Slaeher, Chorley Ball tw 1, M.D. on hie hip, Crat BeXt, with Gov, Wickit of forty or Mity feet, Th summary — Werner e! 5 a! Pushion. enema, Dae, Weteel ith, Big eh Senen aes (eit, and G2 If declared by the 16th of Auguat, with mM, aided by the proprietor, Closed oo the duty, ” Pope = 9 pltclow ine iat Seti ey ineir ages appropriate weighta, handicap. weight: der io whiew they’ came in it the races” — Mowdi Aloe Onder A an Wright, Weigh,“ Borin. & z R. HW Mickmeon’s +. Don Juan, by tmp. Glet> Sr owt of Darkness by ngner.... Thon” the W. >) oat ® bs weirs bh. Slasher, Childe Herold, out Sarah Weshingwoa by Chan idogiig. he a oad , ° Ball: by Wagner. eaton by top, Glencoe ‘ 7 re “ 5 m ~” n ‘ “ 108 3 1 - ¢€ ‘ Tine—4 26% ‘The closing event of the doy was a mile beat race i@ a puree of $200, for which (hore were three entries, via. Parachute, A'smode and Mr. Lloyd's filly. Parachute woo in two straight heats, She was the a een the field, previows to the start, at ten te four. following iga immery of the rae P. C. Bush's ch. m. Parachute. it Rever & Kutz # br, m. Alomode 22 C8. Lhoya’s Or. MY mee ce cence . oo