The Sun.
London, England, 1864-11-03 00:00:00

THE PEACE NEGOTIATIONS.

BERLIN, OCT, 31.
The following are authentic details•of the Treaty
of Peace signed yesterday at Vienna.
The treaty contains 24 articles and a few supple■
ments. Article 1 simply reproduces the correspond-
ing article of the peace preliminaries, in which the
King of Denmark cedes all his right to the duchies
of Schleswig, Halstein, and Lauenberg in favour of
the King of Prussia and the Emperor of Austria.
As equivalent for the Jutland territory of "Vogel-
tondern, the island of Amrom, the Jutland portions
of the islands of Fohr, Sylt, Romsee, &c., which
Danmark has ceded to the duchies, a portion of
Northern Schleswig has been restored to Dens
mark. The peninsula of Stenderng, opposite
Fuhnen is included in Danish Schleswig. In
granting this compensation for the Jutland
enclaves, which was earnestly desired by Den•
mark owing to the strategic position of the
ceded territory, the German Powers have wished to
show that the separation of Schleswig from the
Danish monarchy was not the first step towards
the dismemberment of Denmark. Upon the other
hand, the peace treaty contains no stipulation gua-
ranteeing the Danish population living in German
Schleswig the right of their national language.
Article 6 stipulates for the nomination of a mixed
commission of Prussian, Austrian, and Danish ple-
nipotentiaries to settle the details of the new
boundary line upon the spot.
Article 7 contains arrangements respecting pri-
vate landed properties which will be bisected by
the new frontier.

Tho following articles are devoted to financial
matters. The portion of the Danish debt which
falls upon the Duchies amounts to 29 million rigs-
dalers. The manner in which this sum is to be
repaid to Danmark by the Duchies is stipulated by
the treaty.

Denmark further bind 3 herself to return the cap-
tured German ships, with their cargoes, wherever
the latter have not been already sold. In such
cases Denmark undertakes to compensate the
owners.

The only question now remaining for settlement
is that of what is to be done with the Duchies. In
governmental circles here the renunciation of the
Danish Ring is interpreted as an absolute cession
of the Duchies to the two great German Powers, so
that the claimants to the succession would have to
make good their rights to the satisfaction orprussia
and Austria. It remains to be seen whether the
Cabinet of Vienna partakes this view, Which is in
flagrant opposition to the opinion of the smaller
German States.

FRANCE.
,
The Contitutionel of todaypubl PARIS
is Nov. 3.
hes an ar-
ticle, signed by M, Paulin Limayrae, pointing out
the great enthusiasm with which the Emperor was
received by the population on his journey through
France to pay a visit of courtesy to the Emperor
and Empress of Russia.
BOURSE, Nov. 2.—The market has been without
the The
animation, Threes, for the Account, are now at
64f. 550., and Mobilier 875 f, 14
ay Market
quiet,marke
market
but
becamewith
feeble little si is h e
off ae follows : close, and left

41 per Cents 91 85
Do. end month
3 per Cents 64 60
Do. end month 61 45
Credit Mobilier 872 60
Do, end month 871 25
Bank Shares 3370
Credit F =der 1145
Roman

Italian Loan . . *6s 20
Do. end month
65 20
Ditto Threes.
New blexicau 49 25
Russian. ."• •• • • 711
...
Spanish Threes
florae Debt
Deferred
PAYE.
Cash. Account.
837 50 .. 832 50
972 60 .. 971 25g
892 50 .• 887 n
682 60 • • 680
495
433449332 577550
443
4u9i
L 2 00
60
177 60 4
18
643246 5
750
180

SAIL'

Or!emu ................
Northern ..........
Lyons and Mediterranean
Southern ...........4..
Western ..............
Eastern •e • • ..........
Sardinian..........
Austrian ..............
Lombard ..............
North of Spain ........
Saragossa ..............
Ditto to Barcelona

A report lately BAVARIA.
published by M. Bonar,
Secre-
tary of Legation at Munich,
gives some details of
interest respecting that country. Thirty years
ago, he says, Munich was the rendezvous of numer-
ous foreign families distinguished by rank, fortune,
and social position, attracted by the hospitality of
the Court, the charm of society in that capital, the
celebrated collections of works of art, and the
beauty of the Bavarian scenery. But when the
railways of Saxony offered to families visiting Ger-
many the advantage of rapidity and economy, then
the costly post routes of Baden and Bavaria were
abandoned, and Dresden became preferred to
Munich. The lesson was not lost, and Bavaria
set courageously to work. The spirit of enter-
prite was awakened, and railways were con.
eructed wherever they were required. What
above all distinguishes the administrations of the
railways in Germany is the attention paid to the
convenience and security of travellers. From returns
drawn up with care it appears that in 1862 the rail.
ways of the German Union carried 65,500,000 pass•
sengers over 1,689,000,000 miles of line. Notwith-
standing that enormous traffic, accidents occurred
to only 18 persons, and of these five only were
killed ; again, the injuries of six persons and the
death of one arose fiom Circumstances independent

of administrative control. A curious calculation,
which throws some light on the economie question,
has been made. The number of travellers and
the quantity of goods carried on the German lines
in 1862 being taken as the basis, with the
average weight which a pair of German horses can
draw, the calculation shows that 96,074 horses
would have been required for the transport of the
passengers and 273,185 for the merchandise—in all
369,232. The cost for the stabling, keep, harness,
grooms, and coachmen for those horses during ore
year would have been 231,000,000 f., while the out.
lay on the Garman lines during that period was
only 132,300,0001. Germany has, therefore, effected
a saving in a year of 98,700,000 f. by the use of
railways. The advantage of those means of com-
munication is thus demonstrated materially and
without any possible contestation. M. Bonar de-
clares that the postal movement is the thermometer
of the intelligence, education, and economy of a
nation. Of the 9,527 post-effices possessed by the
Austro-Germanic union, Bavaria contains 910.
The total number of letters forwarded in 1851
was 11,060,738, which had increased to
25,258,463 in 1861. The circulation of journals
followed almost the same progression ; the
20,612,202 copies distributed in 1851 had increased
to 37,726,306 in 1861. After Prussia, Bavaria is
the country the most advanced of all Germany in
matters concerning the periodical press. The un-
easiness which had been felt by manufacturers of
beer in consequence of the state of the hops and
barley has been dissipated by an abundant crop of
each, and brewers are preparing to make on a
large scale. According to authentic returns in the
city of Munich alone the brewers produced last
year nearly 24,000.000 gallons, or 2,350,000 more
than in the year preceding. Between the months
of August, 1862, May, 1863, 1,300,000 bushels of
malt were employed in that manufacture. Munich
beer being celebrated for its quality, a portion of
the above.mentioned quantity was for exportation.
The production of hops increased from 5,000,000
pounds in 1861 to 16,000,000 in 1862.

The Battle between Longstreet and
Sheridan,

The New York Herald's correspondent describes
the battle between Generals Longstreet and Sheri•
dan as follows :
The enemy had noiselessly massed a heavy
column of troops behind the hill on the south-west
side of Cedar Creek, directly in front of the position
occupied by our extzeme pickets. At a given signal
the enemy advanced rapidly in solid columns. Our
pickets were charged, some of them captured, and
some of them driven in, before they had time to
discharge their muskets.

Having driven in or captured our pickets, on the
left line of the infantry, the enemy charged across
Cedar Creek, at the fords, and very soon after on the
bridge over the said stream, and reached the side of
the hill and breastwork occupied by Thompson's
division of the eighth army corps,
The Confederates pressed on, completely sur-
prising, and in a measure stampeding, the left of
General Sheridan's line. By this means the enemy
gained some artillery ; I believe the 4th Pennsyl-
vania battery.
The suddenness of the attack and its wonderful
success for a short time bewildered the troops. At
this time a bold charge was made by the enemy
under cover of his guns to capture Emery's artillery.
In a measure this charge was successful, although
it was resisted with great vigour. In the charge
the Confederates took one or two prisoners of the
Ist Maine battery, and I believe a portion of the
Chase battery.

The enemy seeing the success of this surprise
brought his columns and his artillery across Cedar
Creek to press the pursuit with vigour. While this
was being done a brief lull prevailed, -and our line
was contracted and commenced slowly falling back.
Gen. Sheridan had arrived from Winchester, and,
reorganising his forcee, then seemingly more given
to a retreat than an advance, he promptly changed
the aspect of our military affairs, and turned the
tide of battle. The cavalry was then sent upon the
right ; the 19th corps was placed next to it, the
80th corps in the centre, and the corps on the left,
Powell's division (which was fo: a time cut off) on
the left of all.

A charge of the evening was resisted, and an ads
vance made successfully.
Our losses are estimated at 5,000.
General Lee reports that on the 14th Colonel
Mosby struck the Baltimore and Ohio Railroad at
Daffield, destroying a United States mail train,
consisting of a locomotive and ten carriages. 20
prisoners and 15 horses were captured. Amongst
the prisoners were two paymasters, with 165,000
dole. in Government Bonds.

The Confederate Congress will assemble at Rich-
mond on the 7th November.

MARKETS—This Day.

MARK-LANE.
ImPunTAL WEEKLY AVERAGES. - Wheat, 38s 9d ;
barloy, 30s 2d ; oats, 20s ld ; rye, 30s 9d ; beaus, 38s Od ;
and peas, 35s Od.

THE Six WEEKS' AVERAGES. -- Wheat, 398 2d ;
barley, 30s Cd ; oats, 20s 3d ; rye, 32s bd ; beans, 39s 2d ;
peas, 35s lid.

ENGLISH GRAIN SOLD LAST WEEK.—Wheat, 99,765,
barley, 106,560 ; oats, 11,131; rye, 101; beans, 3,833; peas,
1,613 qrs,

METROPOLITAN CATTLE.

A full average supply of beasts, as to number, was on sale
here to-day, but it was chiefly composed of foreigners, in
very poor condition. The trade was firm, at fully Monday's
advance in the quotations. The best Scots and crosses
realised quite 5a 61 per Ms. Sheep, the show of which
was very moderate, sold briskly, at 2d per 81be more money.
The top figure was 5s 10d per 81bs. There was an improved
inquiry for calves, at an improvement in value of 2d per
81bs. Prices ranged from 4s to 5s per Sibs. Pigs com-
manded quite as much money as of late; but much cows
were a dull inquiry.