The Sun.
London, England, 1864-03-08 00:00:00

THE SUEZ CANAL COMPANY.

PARIS, MARCH 8.
The Emperor has consented to arbitrate in cer-
tain questions pending with the Suez Canal Com-
pany, referred to him for battlement by the Viceroy
of Egypt.

His Majesty has appointed a committee of five
members to examine the gnestions at issue.

FRANCE.

The Constitutitnnel of to-day, in an article signed
by M. Limayrac, considers the assertions of the
English journals respecting. the re-establishment of
the Holy Alliance to be at least exaggerated.
The writer dwells upon the diversity of interests
between Austria, Prussia, and Russia, and con-
tinues :—" We do not say that this alliance does
not or will not exist; but we refuse to believe in
its existence on the terms and conditions denounced
by the English press." Before' judging of the
triple alliance, M. Limayrac wishes to know if it
really exists, and upon what conditions.
BOURSE, M,rch 7.—The market has been heavy
owing in some measure to the arrival of the Eng-
lish funds with lower quotations, and Threes, for
the Account, are now at 66fe. 15c. Mobilier, which
had declined at the cpaning to 1,025 fr., are now at
1,031 fr. 25c. Railway market quiet, but Saturday's
prices generally well maintained up to the present
time. The market again rallied towards the close,
and left off as follows :

41 per Cents. 93 25
Do. end

Italian Loan
Do. end month 67 25
New ditto
Do. end month -
Russian
Austrian
Spanish Threes M
Rome Debt
Deferred

3 per Cents
Do. end month 66 25

Credit Mobilier.... 1030

Do end na0nth....1031 2.5
_ _

Bank Shares 3315

Credit Fancier ....1230

Roman .. .. -- ....

RAILWAYS.
Cash. Account.
Orleans lOO5 .. 1001 25
Northern
New ditto
Lyons and Mediterranean 920 • .. 925
N ew ditto
Southern — .. 650
Western
Eastern
Sardinian 372 50 372 50
Austrian
Lon, bard
North of Spain
Saragossa 677 50 .. 532
Ditto to Barcelona ..

AMERICA.

(REUTER'S EMPRESS.)
(Per the China.)
NEW YORK, Feb. 24.

No important events are reported from the army
of the Potomac. General Meade had left for the
front. He has had long consultations with the
President and military authorities at Washington.
He will proceed at once, it is said, to reorganise his
army. Rebel genrillas are becoming more daring
and numerous, and keep the outposts on the alert.
It is rumoured that General Lee is preparing to
advance against General Meade, with a view of
driving him back to the defences of Washington,
or forcing a battle upon the old Bull Run ground.
It is said that the Richmond authorities demand
this movement to be made, in order to relieve the
despondency existing at the rebel capital.
Rebel deserters state that so great is the scarcity
of forage within Genera Lee's lines that Fitzhugh
Lee's cavalry has been disbanded until grass time,
in the middle of March.

A Knoxville despatch of Feb. 21 states that
Longstreet has broken up winter quarters, and that
his army has appeared in force upon Strawberry
Plains. They have completed a pontoon bridge,
over which two brigades had already crossed. It
with artillery by General Bucknor.
is said that Longstreet has been heavily reinforced

A despatch from Chattanooga, Feb. 21, states
that the rebels are now blockading the Tennessee
river against steamers for Chattanooga. General
John Morgan's force is reported to have crossed the
Tennessee. The situation of Johnston's army was
unknown.

Official information from General Dodge states
that the rebels, supposed to be Roddy's force, had
attempted to cross the Tennessee river at three
different points, bu.:, were driven back.
The Nashville correspondent of the New York
World states positively that the rebels had cut off
communication between Knoxville and Cumberland
Gap.

Southern papers furnish information concerning
the progress of General Sherman's expedition. An
official despatch to the Confederate War Depart-
ment states that General Sherman's forces arrived
on the 18th inst. at Quitman, on the Mobile and
Ohio Railroad, one hundred and forty miles from
from Vicksburg, without opposition. The _Richmond
Examiner says that Mobile will not be taken with-
out a desperate battle. Sherman's force is estimated
at from 25,000 to 35,000 men, and hie advance is
pronounced to be the boldest of the war. He
destroys the railroad and bridges in his rear, and
evidently meditates no step backwards.
A Cairo despatch states that when General Sher-
manrebels fled so precipitately Jackson,that a
passed throughthe
the Federals. General Sherman's
pon-
toons and two pieces of artillery were captured by
nMumissbiesrsipopfi'progress was at
the rate of fourteen miles per day for ten days ; his
troops moving
entirely upon the country they passed through for
supplies. in light marching order, and relying

• It was bolieved that he would
appear before the
defences of Mobile by the 25th of February, one, as
he had no siege
Mobile papers state that the
he would attack the city sialtiltanCOUSly with a
naval attack by Farragut.
guns with him, it is thought that
a plociamation, exhorting non-combatants to leave
the city, as an attack from the
Mayor had issued
Federals was daily
expected. Admiral Farragoes fleet was lying in
the Sound on the 19th, riding out heavy weather.
Richmond papers contain the following:—
MOBILE, Feb. 15th,
Meridian was evacuated yesterday. The Go.
vernment property was saved. Sherman's forces,
about 35,000 strong, are advancing in close order,
with General S. D. Lee's cavalry harassing their
flanks and picking up stragglers. Captain Adair, o
General Forrest's :tatf, Las arrived,
and reports that
General Forrest was at Oxford on the 9th. Ile
was confronting a column of Federal infantry of
6,000 advancing from Memphis vta Hunando, and
twelve regiments of cavalry advancing via Collins-
villa.

The reported battle near Dranion, and Sher-
man's capture of 12,(00 prisoners, proves to be a
canard.