The Express. — London, England, 1862-11-03 00:00:00

lIRELCANTILE INSIINANCIB Noßwidiiiiiioii — Filik OFFICE. &tablimbed 1707. Business of the Mee te £70,000,000 Duty paid in 1801 same Duty free moves The BUM'S 81"frrit11 of the °See le peculiarly advantageous for IlaltepiTlLK INSURANCES, THREE-FIFTHS of the PROFITS of the COMPANY being periodically distributed u a BONUS among parties inswing, who have thus received sums amounting In the aggregate to £440.000. The NORWICH UNION Is the LARGEST OFFICE 'lv= HON I'ois sto Its insurers, and In order of magnitude the T OFFICE In the UNITED KINGDOM. For RAM and PROSPECTUSES apply at the Society's 00Ices, 6, Crescent, New Bridge-street, LC.. and Surrey-street, Norwich. OHO. SMITH AND CO.'S PURE EXTRACT of CALVES' FEET, For Invalids and Culinary Use. Bald In 131,15., 25., and es. packets, by all ehernista, grocers, tc. MANUFACTORY, 23, LITTLE PORTLAND-ST., Kagent-st., W. OFFICES, Ile, BUSH-LANK, Cannon-street, E.C. N.B.—Prtss Medal awarded for excellence of quality. ECOND-HAND PIANOFORTES. CIAMBR, BKALK and WOOD have a lams assortment Isecond-hand Planotortes, by the wet Wooed makers, at snotty reduced paices.-201.Itedestatreet. "LOVE'S TRIUMPH."—W. Vincent Wallace's New Opera (Libretto by Plaach6) will be PERFORMED THIS EVENING first time. Husk to be had on Tueduy at ADDISON end LUCAS', 210, Regent-street. IN FUN THIS WEEK, One Penny, Lord Robert Montagne. Almanack and Diary. Prize Essays. Comic Encyclopedia. A Young Married Lady. Songs for the Throng. .le., dc. Si ow ready, handsomely bound in Magenta cloth, elk price el , ed.; paid. be., THE SECOND lIALF-TVILY VOLUME of TUN, with nu merous Engravings by talented artiste, and ankles by dls- ili -- ;Firetii,itiii;i7nnitorin with the Second Volume, on sale. °ince, 80, Fleetutreet. ghe erpreiso. TO OORIUMPONDEPaS. Advertisements Intended for .. - 1 7 1;eZapits - s - e" London Even* 0 clock Paper, on mu the day of pub licatiost be 14 the office. n. 10, Bouvestastreet, by Two COVENT GARDEN. THIS TRIUMPH. Nine Louisa Prise and Madame Laura Hazier ; Hews. G. Perron, W. H. Weise, 11. Coml, Ayusley Cook, and W. Harrison.—Conductor, Mr. A. Mellon.—Commence at 8. If AYMAILICIT. TRM Emma, A TO MARRY. Miss E. Romer. ASEERICAN COUSIN. Hewn. Sothern, Beiekstome ; Mrs. E. Fitzwilliem.—DUCK HUNTING. Mre.Wlorlo. —And JACK'S RETURN FROM. CANTON. The Leelerege. PRI NCESTS._ THIS Evora*, TIME iiiiitsAEL Messrs. Stephens and H. Veen Misses Aylmer anil Muscay.—And THE HUNCH BACK. Messrs. H. Marston, H. Wesln, It. Roxby, Shore, and 8.. Cathcart Misses M. Oliver and Amy Sedgwlck. BRITANNIA._ TRW EyLlano, CAST Uc THE MERCY OF THE WORLD. Mrs. S. Lane.—Singing by Maim Randall and Plunipton, Thu H. enveney.—lnuicina by Mdlle. C. Stephan.—And HEARTS OF OAK. Mr. J. C. Bird and Mu H. Lacey. MGR WATBR AT LONDON . BRIDGE TIM DAT Morning. 11h. 50m......Altarumn. Oh. Om. T..)-Moilow—Stonthm, Oh 13m. ..Afternoma. Oh. 350. LONDON, MONDAY, NOVEMBER 3. THE change in the money market has formed the principal topic of discussion in financial circles during the past week. Instead of adhering to precedent, and raising the rate of discount half per cent., as has always hitherto been done when the market has been in a condition like the pre sent, the directors of the Bank of England have preferred to wove at once from 2 to 3 per cent., without intermediate pause. This departure from custom has been taken in ill part by some critics, yet is easily explained. The truth seems to be that the directors would have done better had they raised the rate to 4 per cent. on theprevious Thurs day. It is believed that they refrained from acting then because they feared that by an advance iu their terms before the increase in the demand foimoney had become fully pronounced, they might risk losing that considerable portion of the current business of the market which the Bank then en joyed, as a natural consequence of the close proxi mity of its terms to those prevailing amongst other dealers in money. The event appears to show that in the general interest the Bank makes a mis take if it fails to embrace the earliest decent oppor tunity of quitting the perilous ground betokened by so low a rate as 2 per cent. Such a price for the use of capital is extraordinary, and o! ephemeral duration, because provocative of many dangers and of much improvidence. Many old-fashioned persons of good judg ment refuse even now to believe in the necessity of the Bank of England charge ever being reduced to so extreme a point ; they argue that to fix it at 2 per cent, merely gives a keener edge to the competition of other money dealers at rates prac tically unremunerative, and thus tends to put the general value of money even below what may almost be considered an unnaturally low range. Accordingly, when the Bank quits the dangerous ground referred to, persons entertaining these views feel a sense of relief. It is worthy of remark that their feeling of satisfaction is shared by other observers, who, unlike them, contend that the Bank, like all other money dealers, ought to be guided solely by the general market, and by the state of its accounts, and to fix its terms in strict accordance therewith, no matter whether high or low. It is universally felt that the excessively low rate lately current for capital could not last long, for experience shows that it proves the incentive to all kinds of finan cial recklessness. The sooner the value of money mounts up to a point nearer to the average rate in this country, the better prospect must there be of the market remaining in a state favourable to legitimate operations. There is, then, nothing to regret in the mere fact of the Bank's mirimum having been raised to 3 per cent., although the directors may, perhaps, be charged with a little miscalculation. Had they moved to 2. on Thursday, the 23rd, as many persons expected, and thence to 3 per cent, on Thursday, the 30th, the financial commu nity would have accepted these steps, warranted as they would have been by precedent, without the smallest question, and the market would have followed the lead of the Bank with its customary docility, and with less disturbance than has actually been witnessed, On Wednesday, the 29th, the Bank directors betrayed signs that they were not entirely easy in their minds, and that, in fact, they almost repented of not having put the rate at 2 per cent. on the previous Thursday. Per sons who sent in bills for discount on Wednesday, the 29th, experienced an unusual pause, and there was more than one remarkable instance in which applicants were informed on that day that the lowest rate of the Bank was 3 per cent. The recognised minimum being then only 2, and the bills being in many cases of a character to warrant their being taken on the ordinary terms, a more significant indication of the change that was im pending in the policy of the Bank could hardly be imagined, and such persons as heard of the in cident made up their minds at once that the Bank executive were only waiting for the regular court day to go to 3 per cent. To formally raise the rate on any other day than Thursday, it was probably argued, would needlessly excite remark, and thus the Bank appears in a quieter manner—that is to say, by asking advanced retes— t* have endeavoured to protect itself upon the occasion of such large applications being made to it. That many of these applications were made on TRH EXPRESS, MONDAY EVENING, NOVEMBER 3, 1862. the spur of the moment, without the racers being actually wanted by the borrowers,. bat. :merely with a view to get from the Bank si2 per cent. that for which it was perceived a War prim would shortly be demanded, is shown by the somewhat remarkable character of the changes in the lest Bank return. The increase of 1,373,0461. in the private securities, and the ac companying increase of 1,257,8821. in the private deposits, speak with especial force. People ran to the Bank for money at 2 per cent. with the ex press object of forestalling that old-fashioned esta blishment in its contemplated step of raising its charge, the applicants reckoning to make their profit on the difference between the rate which they would pay the Bank for money and that at which they would be able to find employment for it in the general market directly after the official minimum had been increased. Meanwhile ' these shrewd applicants either merely transferred the money obtained from the discount office to their credit in the other department of the Bank, or lodged it with their own bankers, whence it quickly found its way back to the Bank as "other" or private deposits, the Bank of England being the custodian of the current balances remaining over with other bankers at the end of each day. This explains why the Bank's reserve of notes was not trenched upon in the least, but actually in creased by 70,9001., notwithstanding the magni tude of the amount of private securities which it took in. People were playing their little game with the Bank, as they have often done successfully before. They argued thus :—" Depend upon it, the Old Lady is going " to move on Thursday ; today money is 2 per " cent. everywhere ; on Thursday it will be 2i, "if not 3 ; so we will get as much money "as we can from her to-day, and let it out again "at a profit as soon as her rate is altered." In this way they cut the ground from under the " Old Lady's" feet, fight her withher own weapon, and compete with her with her own money. The explanation is thus afforded of the calm which always cornea over the money market for two or three days after the Bank rate has been raised, and of the deserted appearance of the discount office at such times. The general market is re joicing in the supply of money which it has got from the Bank prior to the advance in the terms. Now, why does the Bank have the wind taken out of its sails in this manner 4 Simply because the general market is a swift manipulator of money, and varies its rates every day, or even, if need be, every hour, while the Bank of England perseveres in a jog-trot routine, which it thinks dignified, but which all the world can see is merely an inconvenient relic of bygone times. Now and then the Bank has been so flurried through being rapidly overtaken by an active demand on the part of those shrewd operators who have divined the intention of the directors to raise the rate on the next court day, that its executive have been com pelled to take this step without waiting for the recognised day. On these occasions the rapid march of modern events hurries the Old Lady out of her usual dignified step--else she might almost be carried off her legs. Surely no further experience is needed to de monstrate the inexpediency of the present anti quated practice of fixing the Bark's minimum once a week. Why not vary it from day to day, as is done by every other dealer in money? The Bank is but a large tradesman, dealing in a certain commodity, and is required to keep an eye on the proceedings of keen competitors, who frequently get too great an advantage over it, mainly through its adherence to old and inconvenient forms. If there once was a time when the pulse of commerce throbbed so steadily and regularly that it was sufficient for the committee of financial doctors (as many persons persist in regarding the directors of the Bank) to meet, consult, and prescribe once a week, that time is past, for the patient now lives far faster than he used to do, and his symptoms require to be watched much more closely. at Muni . —4 O -.... OfiGIOHNE. Nov. 1. Her Majesty, with the Princess Louise and pri nce . Beatrice, drove out yesterday. Lady A. Bros and Colonel the Honourable A. Harding* were in attend- UM. Prince Alfredbaa returned to Osborne from her Majesty's ship St. George. _ _ Viscount Pelmearton arrived yesterday from &midlands, red had an audience of her Majesty. The Queen held a council to-day at one o'clock, at which were present Earl Granville, Viscount Palmerton, and Lord Stanley of Alderley. Mr. Helps, the clerk of the council, attended. Noma= 2. The Queen yesterday received her Majesty's near eon_ flexion, the Grand Duke of Baden, who arrived from London on a visit to her Majesty. His Royal Highness was attended by Lieutenant-General the Hon. C. Grey, the Baron de Roggentwoh, and Baron de Gemmingen. Prince Alfred went to Southampton and accompanied the Grand Duke to Osborne in the royal yacht Fairy. Earl Granville had an audience of the Queen yesterday. Viscount Palmerston left Osborne for liroadlends. This nsoming divine servioe was performed by the Rev. G. Prothero, before her Majesty, Prince Alfred, Princess Helena, Princess Louise, Prince Leopold, and the Grand Duke. The ladies and gentlemen in waiting and the household were alto present. Prince Alfred attended by Major Cowell has left Osborne and embarked on board the St. George. The Hon. Victoria Stuart Worthy has succeeded the Hon. Battik* Byng aa Maid of Honour, and Lord Charles Fitz-Roy has succeeded Lieutenant-General the Hon. C. Grey aa Equerry in Waiting to her Majesty. Viscount Palmerston lett hit seat, at Broadtails, Hants, on Friday for Osborne, Isis of Wight. Earl Granville, Lord Stanley of Aldertey, and Mr. Helps left Loudon at 9 o'clock on Saturday morning by a special train on the Loodon and South-Western Railway for the purpose of attending the Queen's Privy Council at O. borne. Despatches were sent on Saturday from the Colonial office to the Governors of the West India Wanda SOUTHAMPTON, Nov. 1. Prince Alfred landed here to-day from Osborne to accompany the Grand Duke of Baden who embarked here for Osborne. Prinoe Napoleon and Princess Clotilde left our docks to-day for Havre. Lord Slurley of Alderley and Earl Grans ale arrived at the r►lway station by special train on their way to Osborne to meet Lord Pal merston at a cabinet counciL All three ministers landed here from Osborne this afternoon. Lord Palmerston yester day, and Lord Stanley of A lderiey and Earl Granville today inspected the men packets and docks, attended by Captain Patey, 8.N., and Lieutenant Tickell, R.N., of the Naval Mail Department at this port. Their Imperial Highnesaes Prince Napoleon and Princess Clothilde emberkrd on board the imperial screw yacht Jerome Napoleon, at Southampton, yesterday, for Havre. The Marquis and Marchioness of Ailesbury have left town for his lordship's neat, Tottenham Park, Wilts. The Marquis and Marchioness of Exeter and family have arrived in town. The Earl and Countess of Chesterfield have ar rived in town from Grafton Lodge, Newmarket. The Earl of Wilton haa arrived in tos a from Newmarket, and shortly leaves for Egerton Lodge, Melton Mowbray, for the hunting mason. The Earl of Anneeley is laboullng under seriors inseam at his residence in Norfolk-street. Hie lordship was somewhat better last even'ng. The Earl and Countess of Aylesford, Lord Gsernsey, and the Hon. Colonel Finch have a,.ired at Claridge's Hotel, from Packington Hall. Lord and Lady Chelmsford are expected "1 ton in a few days from the Continent. The Right Hon. Spencer Walpole has returned to town from Hughenden Manor, Bucks, where he bas been on a visit to the Right Hon. B. Disraeli. Thu Marchioneas of WincheaWr gavo birth to a son, at 16, Grafton•street. on the 30th alt. A marriage is arranged to take place between the Viscount Hereford and the Hon. Mary Morgan, youngest daughter of Lord and Lady Tredegar. The marriage of the Ron. Charles Murray, C. 8., her Majesty's representative at the court of Dresden, with Mine Edith Fitzpatrick, daughter of the Right }ion. John Wilzoo Fitzpatrick, M.P., was solemnised at St George's, Hanover-square, on Saturday morning, in the presence of a numerous circle of the friends and relatives of the two families. After more than an average amount of munici pal wrangling in the Dublin town council, the choice of the civic representatives fell on Saturday upon the Hon. Mr. Vereker (conservative), of the Gort family, to fill the civic chair for the ensuing year. Alderman Reynolds and his party opposed this election, but many of the Roman catho. lice supported it ; and it was finally carried by a majority of two. Alderman James Martin, • Homan catholic, way one of the candidates, but be did not meet with any cordial support even amongst his co-religionista. Among the contributors to the fund for the relief of the Irish heroes who lately glorified their country in Hyde Park is Archbishop M'Hale, who m"s the skull cracking anti-Garibaldians "faithful and devoted" children of the church. As none of those heroes have been killed it is too soon to honour them with statues, but the Nation is about to transmit their fame to posterity by means of "a pictorial commemoration," which is to be "a graphic drawing, executed in the first style of art." The title is to be "Pat skinning the British Lion, or Hyde Park, 1862." It appears by the Registrar-Generale return that the health of our principal manufacturing towns was actu ally better last quarter than it was in the summer of 1860. The year 1860, however, was not merely a year of full work, but a year with a cold summer. Its temperature was lower then that of the present year, and the general health of the people throughout England was proportionately better. It is in them, particular districts that 1860 is surpassed by 1862, and the conclusion, therefore, is inevitable that, in addition to the coolness of the weather, some special causes must have been at work in the towns above alluded to, if not to improve the public health, at any rate to diminish the actual mortality. The chief one, doubtless, is to be found in the domestic improvements which compel= i idle ness bas produced. The South African Steam-ship Company hag been fairly started at the Cape of Good Hope. He capital is to be 100,000/., with power to increase it to 2CrJ,C.:3/. in 101. shares. The object of the company is to adablish a steam ship communication between Algoa Bay and England, East London, Natal, and Mauritius. The exports of wool last year from Cape Town and Port Elizabeth amounted to 24,823,41b5. The imports were valued at upwards of 1j million sterling. From Port Elizabeth last year the outward and inward vessels numbered 46/, and the tonnage was 138,000 tons. The Ala:lc/tater Guardian states, on what it con siders to be most respectable authority, that a wonderful discovery has recently been made iu electricity as applicable to the purposes of the electric telegraph :—" Incredible as it may seem, it is said that experiments have established the fact that intelligible signals can be exchanged between dudant stations without the intervention of any artificial conductor whatsoever, and with equal success whether the intervening space be wholly or partially land or water." A remarkable instance of the influence of town drainage on the public health is shown in a report which has just been issued by the sanitary committee of the Halifax corporsuon„ Great sewerage works have been constructed since 181, and between that period and the presett the death rate has decreased from 25.30 per I,OJO to 21.48 per 1,100. This is in the town of Halifax itself ; in the union the mortality has only decreased 1 f per cent.—• fact which shows more clearly the beneficial operation of the sanitary provemente in Halifax. Reports from Shields state that several of the veered' which had been missing sines the late tremendous gales have got safely to port, though of at least half-a dozen not • word has been heard. Some of the incidents connected with the laved crews or vessels are heartrend ing. The crew of one ship clung for three days to the side of their vessel, and were at last picked up by ao Italian brig. The crew of au Austrian vessel were nine hours on the ship's broadside, exposed to all the fury of the gale, and were ultimately saved. FINE ARTS. THE WINTER EXHIBITION OF CABINET PICTU ALS. An exhibition of pictures in the dreary months, when fog and gloom reign supreme is particularly welcome. and it is encouraging for the Arts to see in the general su periority of the present collection at the French Gallery in that what was ten years ago a very hazardous undertaking has now become almost an institution. It is not to the artists that we are indebted for these winter ex hibitions, for they are a body that seem to require a period of hybernation and incubation combined to produce those new beauties which come forth every year with the flowers of spring time, but it is the commercial element at work amongst the painters, as it is everywhere else, that in this case also operates for the public benefit. These pictures es a rule bear, an air of being popular and saleable, none show those eccentricities of genius which we see so often where the painter is the master of the feast, and conse quently the conventional tastes are largely appealed to. Being then essentially a dealer's exhibition, we must forgive the general lack of originality, and not complain of being shown again pictures which were seen at the Academy and other exhibitions of the year. However, it should be noticed, as a proof of the advancing merit of the Whiter Ex hibition, that to the present one some of our first painters have contributed. There are pictures by Stanfield, David Roberta, F. M. Ward, J. Philip, T. Creswick, F. R. Lee, Sidney Cooper, Analell, F. Goodall—all of the Academy, with works by Llonell, Hering, Baxter, and other artists of repute. There are a few small pictures by foreign painters, chiefly of the French school ; one, especially noticeable, by Madame Ileoriette Brown—is study for one of the Sisters of Mercy, in her famous picture of that subject so much admired in the international Exhibition. Mr. E. M. Ward, /LA.., has contributed two of his histo ricalpictures, which would alone give importance and interest to the collection : No. 36, "King James 11. receiviog the news of the landing of William, Prince of Orange ;" sod No. 95, " Marie Antoinette's final adieu to the Dauphin in the prison of the Temple." Both are, we believe, original studies for the large pictures which Mr. Ward painted some years ago, but recently worked up to the highest finish as cabinet pictures, and improved by certain pentimenti which occurred to the painter under his more matured consideration. The lady artists are extremely well represented. There is Mrs. Hay's "Reception of the Prodigal Son," which it will be remembered was so favourably noticed at the Academy. The picture is better seen here, and the strong points in the drawing and composi tion are more appreciable. Mrs. F.. M. Ward's little pictures of children give great interest to the exhi bition ; they are touched with a surprising feeling for child life—by no means a common gift amongst artists—and very sweetly painted. Miss Edwards contributes several pictures of considerable artistic merit ; Mins Emma Brownlow, Mrs. Oliver, Mrs. C. Goixirmui r are also among the exhibitors. As • winter exhibition this is, on the whole, the beet we re member; it contains a larger number of pictures, and at greater proportion of thee, possessing points of interest thap will be found attractive to the visitor. DISTRIBUTION OF PRIZES AT THE LONDON Mb. MASKS' INarrnrriom.—On Wednesday next, the prizes and certificates obtained by the members of this institution at the last examination of the Society of Arts, together with the book prizes awarded to the classes by the local board of examiners, will be presented in the theatre, by Mr. Harry Chester. For three successive years all the candidates sent up from the institution for examination by the Society of Arts have succeeded in obtaining prizes or certificates. THE INCOME OF THE LATE CITY SOLICITOR.— The net annual receipts of the late City Solicitor from 1848 to 1862, averaged very nearly 2.1001. In the year 1860.61, th e ne t receipts were upwards of 2,2001.; in 1861-2, more thee 3,0001. The income was derived from several source. From the City cash there was paid to the late solicitor an average yearly sum of about 1,4001.; for parliamentary work, nearly WO/. ; from the Commissioners of Sewers, some 7001. ; from the Irish Society, about 150/. ; from coal whippers and conservators of the name, about OW.—City Press. LATEST INTELLIGENCE GARIBALDI'S HEALTH. REPORT OF PROFESSOR NELATON. The Preach medical journal the Gazette du His pitour publishes a long letter from the eminent French surgeon, Professor Nffiaton, containing a technical account of his visit to Garibaldi. In describing the probing of the wound, he says that the stylet penetrated the wound very easily without causing the least pain. Piercing it trans versely, at 2i centimetres he was stopped by a hard body, giving, on being struck, a dull noise, very different from the sharp sound which results from contact with the bone. This, he has no doubt whatever, was the ball. The general state of the patient is as favourable as possible, when it is remembered that for .30 days he was without sleep. There is no fever, the skin is fresh, the appetite good. The sleep is sufficient and resto rative. "The countenance is calm, dignified, with out any expression of suffering." An immediate extraction of the ball would, he thinks, be inju rious. The proceeding most simple and devoid of danger consists in dilating gradually the canal of the wound up to the point where the foreign body is present. This dilatation is to be effected by the introduction of little cylinders of gentian roots of increasing size, for which may be substituted in a few days a fragment of prepared sponge. The probabilities are that the ball can then be seen and touched and seized by the forceps. With regard to the proposition of an amputation, Professor Nffiaton says, "I do not admit this extreme resource, except in the case, contrary to all probability, of some grave complication arising, such as a deep abscess, abundant and inexhaustible suppuration, evident de terioration of the constitution, in a word —a danger of death. One word more. In my opinion the general will recover, but his recovery will require some months yet, and will leave a rigidity in the joint of the foot, the inevitable consequence of an injury which has affected the osseous joint surfaces. But this derni-ankylose will but slightly impede the function of that member." (aEUTLIN TELZORINS.) CHINA. CONSPIRACY TO BURN CANTON. CANTON, Sart 26. A serious conspiracy to burn this city and kill the mandarins has been discovered. The conspi rators are in league with the Taepings. Numbers of them have been arrested. The city authorities are in a great state of alarm. Rustonjee, one of the parties concerned in the late opium frauds, has surrendered himself to the authorities at Hong Kong. SHANGHAI, San. 19, Oil Jubel). The Taepinge have again retired from the vicinity of this city, and the surrounding country is now quiet. The Mahomedana who revolted at Shensi have succeeded in capturing the city and twenty-five towns in the vicinity, killing all the mandarins, and deatroying every vestige of the imperial authority. Nothing is known respecting the movements of the army which had been sent to quell the out break. AUSTRALIA. ADELAIDE, Serr. 20. Mr. Mackinlay, the explorer, Las returned to Queensland. PORTUGAL. LISBON, Ocr. 30. (Per Magdalena, via Southampton.) Late accounts frow the island of Fayal state that there had been a succession of earthquakes extend • i lig over a space of nineteen days. Many people had, in consequence, emigrated to the other islands in the Azores!' Archipelago. Business was sus pended. Prayers were daily offered up in the churches. Prince Humbert has been well received at 0 pot Lo. The Minister of Finance has made some im portant changes in the Lisbon Custom-house. The director, Santos Montiero, and several high officials have been suspended. The reason alleged is that the revenue has suffered through mal-ad ministration, to which the government is deter mined to put a stop. Exchange on London, 30 days, 63} ; 60 days, tak ; 90 days, 53./ ; Paris, 528 ; Hamburg, 481 ; Amsterdam, 42.50; Genoa, 626; Reutes, 46,t to 47 ; Deferred, 44 to Bank of Lisbon shares, 550 to 552 milreis. Commercial Bank of Oporto, 256 to 258. Mercantile Bank, 265 to 268. THE BRAZIL AND RIVER PLATE MAILS. SOUTHAMPTON, Nov. 3. The Royal Mail st.3anier Mndaleus, with the above mails, has arrived here. She brings 71 passengers, 60,2421. in specie, five packages of diamonds, and 617 packages of cargo. The steamer Golden Fleece, from Simons Bay, put into St. Vincent on the 20th ult. It was expected she would sail for England on the 23th ult. Her passage home would probably occupy three weeks, her bottom being very foul. I At Buenos Ayres General Mitre had been elected President of the Republic, and Dr. Marcos Paz, vice-president, by a large majority over his com petitors. Trade continued very dull. There was, however, a great demand for specie to pay for exchange. Ounces sold at 409. At Bahia brown sugars were in demand, and prices firm, at 2 dollars per arroba for superior qualities. Whites neglected. Stocks reduced. Cocoa in demand. The stock of hides had increased ;no sales. Freights for the Channel, 375. 6d. Ex change, 2611. to 27d. The weather at Pernambuco was fine. Stocks of sugar increasing. Charters to the Channel had been effected at 40s. Exchange, 27d. to 28d. At Rio the coffee market was dull, and transac tions limited; stock, 180,000 bags. Shipments from the Ist to Bth ult., 30,822 bags. Freight to the Channel, 355. to 378. 6d. Exchange, 26} to 2. (BY ELECTRIC TELRORAPIL ) (FROM OUR OWN OORR6NPONDITNT.) SOUTHAMPTON, Nov. & Your Rio correspondent says :—" The American troubles are beginning to tell upon our market, and the almost total suspension of shipments to that quarter must eventually bring about a decline in the price of coffee. " The Brazilian government has authorised the establishment of the London and Brazilian Bank, under certain conditions." THE OUTWARD CALCUTTA MAIL. The Telegraph to India Company have this morn ing received the following telegrana, dated Alexan dria, Nov. 2 : " The outward Calcutta mail cannot leave Suez till the 6th inst. The Marseilles mail arrives here on the 6th inst., having experienced bad weather." SYMPATHY WITH THE NORTH AMERICAN UNION. —Mr. Ludlow, Mr. Hughes, Mr. Malleson, and Mr. Law rence are expected to speak at the meeting to be held this a-wooing at the Metropolitan Institution, Cleveland. street, Fitsroy-equare. B. K. D. W. r. X. c. 1. 11. -- - - 29.38 45 2 B.E. 3 2 1 b 2 0.10 2 kniRDIME 3996 47. 1 S. • 6 8 6 c - 3 Lama 39.94 62 3 S.W. 1 2 4 e - - 1 Bitrates 29.93 51 3 S.W. 2 2 9 o - - 1 /m 0808849 29.87 50 2 S.W. 3 3 7 0 4 0.20 2 rOantlilit 29.8 646 4 8. 1 2 9 o - 2 9, 1 , 42 29.7. 46 1 8. 4 8 3 b 1 0.00 3 VALOITIA Qoaza62owl 29.85 53 2 S.W. 4 S 9 3/ 8 0.65 4 iioLVIINAD 28.92 52 1 13.5. F.. 2 S 6 41 8 0.45 2 f.rveitroot 30.02 47 , 2 S.E. 8 4 7 c 1 0.03 2 PENIIROCI x. 9 953.0 S. 6 S 6 r 8 0.45 1 Floir.asol 29.96 60 1 W.S.W. 3 4 8 0 6 0.40 S P 511100717 30.05 55 2 S. 5 4 9 r- - liassr 30.10 64 2 Z.N.E. 2 1 8 m -- 2 W3154 , 078._ 9407 60 2 N.K 3 3 8 72 1 0.08 2 Po/cremate Doves - - 1 Low Dos 20.11 52' 2 W.P.W. 1 2 9 121 - - 30.14 44' 1 N.N.W. 2 3 8 Of - - 4041110100611 30.0645 1 S.W. 2 2 1 b - - 1 1141111144 . 30.01 it: 2 S.W. 3 3 3 c -- 3 11851001.49 D 70.0 961 1 W.N.W. 1 3 7 m - - 1 PIODA2II. WEIDA!. WEDNIMIDAT. B.W. to N.W., mode- 60071.4.140. W. to N. and N.E., rate, flue. moderate, floe. WEIDA' B.W. to N.W. sate, flue. Az above. Iflimawis, As W.S.W. to N.N.W., W. mania,. W. moderate, showery. W. to N. and N.&, Lw.EsairaD. A 3 moderate to light. Az rout above, LL Nal:IL/JR). As N.W. to N L, mode- R. Mane. ICI rate to light, fine. d above. . N.W. to N.N.E., next above. above. E.N.&, ma Tate to [rah, One. A Naw THEORY. —Professor Bache, connected with the United States Carat Surrey, in a recent article on the physiology of ees, sickness, advances the ides that this torment of ocean travellers is a disease of the brain, rind not of the stomach. His view is, that it is owing to the feet that the mind is not able to understand the varying motions of the vessel as rapidly es the senses feel them, thus causing a conflict of impressions, and a consequent affection of the brain, which in turn deranges the nervous system, and pm duces nausea. As won as the mind can conceive the idea of each motion as soon as it is felt, sea-sielowes owes. The deck is oonsequently the best place for one suffering, as there the sigat can be best educated to the movements of the venal. IMPRESS FROM PARIS. (nom on own PARIS, SUNDAY EVIERNO: The France is convicted of having perpetrated a monstrona canard by the following letter from the minister plenipotentiary of the King of Italy, which it is fain to insert this evening : _ _ Pain, Nov. 1. Monsieur le Directea•,—Tbe France in its number of this day contains the following words : "We believe we know that M. Nigro ban expressed to M. Dronyn de Lhays the regret of the Italian cabinet for having addressed to Frame the circular note of General Durando." I have the honour to tell you, sir, that this statement is Altogether unfounded. I appeal to your courtesy to pub lish this letter in your journal, at the mime time offering you the expression of my distinguished consideration. NIGIU. The France, which sees very well that the whole question of the unity of Italy is involved in M. Nigra's letter, makes a thoroughly Jesuitical attempt to answer it. It pretends that the Italian minister's contradiction, which, in point of fact, is as single as possible, and merely refutes a lie, applies to a question of form and a question of sub stance. It proceeds to insinuate that its original statement, though incorrect in form, was true in substance. With wonderfully frank language the France concedes that M. Nigra's affirmation is "one that admits of no reply." But then it enters into a complicated argument, the only intelli gent meaning of which is, that if M. Nigra ' has not done what the France falsely re- ported, he ought to have done it. General Durando's "summons" to France to leave Rome is, he says, evidently null and voikbecause it has not been followed up by immediate execution in default of obedience ; and therefore it was only " natural to suppose " (a very bad reason, by the way, for launching a positive statement) that M. Rattazzi's cabinet regretted that it had been issued. The whole gist of the article of the France to-day is that General Durando's proclamation must either be maintained or withdrawn. If Rattazzi does not dare to withdraw it, nothing can be more certain than that his successor, who must according to all indications be a man of more spirit and more faith in Italian nationality than Rattazzi, will not do so. There is serious reason to fear that English sportsmen will refrain altogether from participat ing in the Grand Paris Races, to be inaugurated next year with the 4,0001. prize given by the city of Paris and the railway companies. It was taken for granted that this meeting would attract more first-rate horses from the English turf than had ever before been brought to France, and the objec tion which now threatens to be fatal to such a de sirable international competition never seems to have occurred to the founders of the new races. That objection, which has been raised, and very seriously raised in England, is that the day fixed for the sport to come off is a Sunday. It has been represented to the French sporting authorities, with the most perfect courtesy, and without any affec tation of puritanism, that, out of deference to the habits and customs and deeply-rooted feeling in their own country, English gentlemen would scruple, even on a foreign soil, where differ ent views of Sabbath obligations prevail, to take part in such a diversion as public races on a Sunday ; and the suggestion has been very earnestly made that some week day should be chosen. The Frenchmen, while admitting that the objection is one that demands most respectful consideration, do not seem disposed to yield to it. They say that Sunday is by almost universal consent the day fixed upon for horse-racing in France—that while they are quite ready to conform to English habits in England, they do not feel that inter national courtesy calls upon them to alter a French custom for the existence of which many cogent reasons may be given. They consider it highly desirable in a national point of view, and in order to improve the breed of horses, to encourage the sport of horse-racing, which, as yet, is but in its infancy in France. The best way to encourage it on a large scale is to interest the masses in the races. But it is quite certain that the general public does not yet care enough for a race to make a great national holiday and shut up their shops for the sake of one, as is done in England. On any day but Sunday the spectators would be few, and con fined to a special class. Moreover (and this is a weighty reason), it is urged that the object of the city of Paris and of the railway companies in giving the great prize which was to attract large numbers of , visitors, and give a fillip to business, would be in a great measure frustrated, and the prize itself would probably be given up before long for want of sufficient encouragement. Such is the line of argu ment which I do not think is likelyto be abandoned on this side of the Channel. During the late gales the keeper of the Blainville lighthouse, near Coutance, with his wife and daughter, were very nearly being starved to death. For six days they had no communication with the shore, their pro visions were entirely exhausted, and they were reduced to quench their thirst by sucking napkins held out to catch the rain. When at length it was found possible to take some food to them they were in a very alarming state, especially the daughter, a girl of sixteen, whose sufferings from the pangs of hunger and the conscious prospect of a dreadful death were terrible. The family is now out of I danger. WEATHER REPORT.-(THIS DAY., MONDAY. NO% ENDED 3, I A.M. THE INTERNATIONAL EXHIBITION. It may be recorded of the Great Exhibition which for the last few months has attracted so many visitors to South Kensington, that, having been heralded into life with innumerable announcements, and opened with much Mat and ambitions ceremo nial, its final clone was one of the quietest, least impressive, and dullest things that could possibly be imagined, so dull, indeed , that it was hardly possible for a person present to believe that he was then witnessing the last day of a show for the attractions of which the ends of the world had been drawn together, which had reckoned its six millions of spectators, a nd which will most probably be the last thing of the kind that can be witnessed or i par ticipated n by the grown-up people of the present generation. The doors were opened at the usual Saturday hour, but the crowd that rushed in was not as great as the usual Saturday crowd, for although the at tendance recorded is large, it included an extraor dinary number of ticket-holders, and these latter do not come in until a later period of the day. On the entry of the public the same thing happened which we have observed every day since the opening, namely, that the first grand rush was made for the Koh-i-noor, and the second for the buns, and that until these two important features of the show had been discussed, the public cared nothing for textiles or ceramics, or pictures, or machinery in motion. There was, perhaps, a more than ordinary determination towards the pictures on Saturday, of conscientious people who believed that the pictures were things that ought to be "done," but the amount of critical examination was not more ex cessive than usual. The truth is that the atmo sphere during the last week or two having been of a not very clear character, there would have been very little use in any of our art. amateurs doing more than, in legal phrase, "entering an appearance." In the machinery in motion annex, the bands which con nected the different machines with the steam power were ceremoniously cut, with appropriate libations, the magnetic light was extinguished, and the diamond grinder of the season shut up his wheel and retired from business. This part of the build ing has neversbeen full on fashionable days, and the final Saturday was no exception to the rule. The "upper ten thousand" seem to be more devoted to culinary than to mechanical science, and very much to prefer the flavour of soup in the refreshment rooms to that of steam in the western annex. The working classes alone take interest in the great triumphs of their national ingenuity, and urban artisans crowd round and fondle the huge "mules" and locomotives with as much interest as their rural brethren would a fine horse or a prize ox. But both "gentle and simple" agree in one thing, they like beer, and in the latter days of the week they nar rowly escaped a great calamity. For the List time during the season the fountains of Allaopp, which in six months had supplied six millions of thirsty souls with their best beloved stimulant, ran dry on Thursday last, and a short interregnum occurred of which the horrors can be better conceived can described. However, the vast resources of the firm, and the energy of its representative ' were soon found equal to the strain, the normal supply of beer was restored, and the visitors of the last two days were supplied with abundant means for quaff ing their farewell potations. For the on* attempt at a formal ceremonial wherewith to terminate the season the public are indebted to Mr. Howley and the Sacred Harmonic Society, who at four o'clock came to sing the Na tional Anthem. Mr. Linden escorted the Orphean Band, male and female, to the western platform, when, the gentlemen on the floor, and the ladies in the gallery, they at once commenced singing the National Anthem. The female voices had an excellent effect, but the males' were drowned by the organs, which, according to our impression, were all playing together in a manner which was at once enthu ' siastic and independent. The exhibitors of brass instruments also threw in the aid of their trom bones and bombard', so that altogether a very sufficient body of sound was obtained, i how ever the words of the anthem might suffer n dis tinctness. At the conclusion of the anthem there was an encore, and some cheering and waving of handkerchiefs, but the prevailing emotion was rather sad than otherwise, and people seemed to feel that they were bidding farewell to a friend as they turned their footsteps towards the various entrances, and submitted passively, and with grave countenances, to the incessant " Pass on " of the police. The building was thoroughly cleared out at the usual hour, and the departing visitors had one con solation in their sorrow, and that was that they were then for the last time submitting to the persecutions of the Arabs and the insolence of the ' cabmen. Both these " parties" were game to the last, and did not bate a single item of their annoy ! ances. But peoplc submitted to them with smiles of suppressed triumph, for they knew that the reign of terror was over, and that one effect of it had been thoroughly to disclose such a state of things vehicular in the great metropolis as must eventuate in legislative interferenes at a very early I period of the next session of parliament. E Amongst the distinguished visitors on Saturday , were his Royal Highness the Duke of Cambridge, E Lord H. Lennox, Lord Torrin. , :ton ' Lord afostyn, Dowager Duchess of Sutherland, Lord and Lady Kiunoul, Lord and Lady E. Bruce, Viscount Sid ' uey, Viscount Chelsea, Mr. Mouckton Mines, I M.P., Princess Amalie of Schleswig Holstein Augustenburg and suite, Count Ebastin, &c. We observed Sir Wentworth Dilke and Mr. Sandford , on the eastern platform, late in the evening, mown irgly watching with great iutentues.s the exit of their last Exhibition audience. . . The following is a return of the number of visi tors to the Exhibition during last week, the season ticket visitors being divided from those who paid at the doors 31 onday, Oct. 27, Shilling Day .. Tuesday, Oct. in, Shilling Dar ... Wednesday, Oct. IS/, Shilling buy Thursday, Oct. 30, Shilling Day... F.llllOll Payment iota. Tickets. 6,313 62,4307 5&1 , 51 6.449 52,917 649,8 7.:44 67.251 131,696 7,516 61,151 6,701. Total Shilling Days 'in MO 2 . -n, 291,7a= Friday. Oct. lialfu-crunn Day Saturday, Nov. 1, lialia,crown Day Total 53.533 208,318 319,852 The above figures show an increase of nearly 80,000 visitors compared with the previous week. The total number of visitors to the two Exhibi tions (1851 and 1862) now stand thus : 1851. Open from Ist May to 11th October inclusive-24 weeks, 141 Exhibition days : Season tickets Verily estimated: Payment (vouched) 773.771 6,166,429 Total 6,039,200 1862. Open from Ist Nay to lit November inclnalve—n week l . l4 Exhibition days : Season tickets (including tree list' 1.015,"89 Payment and day tickets (unvoucloed , 6,095.1.00 0,110,980 When tho space below the eastern dome had been reached, at the closing of the Exhibition on Saturday afternoon, and the crowd had gained the door, the police saw to their dismay that • select party was quietly seated in the gallery at the angle of the traosept and Dare watch' Dig with evident pleasure the gradual retirement of their fellow visitors on the ground floor. Had General N'Clellair suddenly o;scovered Stonewall Jackson or Colonel Stuart with some Confederates in his rear he could not have base more astonished at the discovery than was the bewildered policeman at seeing this select party. "Well, I'm blowel, ° was the emphatic exclamation of one of the sergeants. led forthwith • small posse of police was detached from the main body to the attack of the enemy is the rear. They were soon driven from their position, and compelled to the retiring crowds. At length the outer doors were closed, but when the building was reported as cleared * woman was seen to emerge from one cf the multi, where she had been quietly seated, for she had resolved that she would be the last visitor who should leave the building, and. with • woman's determination, she accomplished ber pose. The merit of being the last to leave the Exhibitios of 1862 belongs to the fair sex. With the close of the Exhibition there are unme• ems change* both in the coat of travel by some cony/roam in the metropolis and in the hours during which maim places of resort for sightseers are open. Oa the river deem' boats there is a general reduction of the fares, and on some of the lines of omnibuses • similar reduction has beep marl& II to t on bel ticulai and c this c TECOV4 what of den Aft Hu 'TIMM In Mr. Mr. the de not be wouldwould Hie ore te enter Mr. Lave a duties. The assault The victed I Mr. 1 in deft' vection The T;" Cower, pocket• !slier 10 p ar square. 15 — al; baatlia i Pavilioi street, the per, M et Vilwat The 1 Mr. ^, 'fitfi tsa.