The Sun.
London, England, 1862-01-29 00:00:00

B.AILWAYB.

Cash. Account.
Orleans 1345 .. 1346 25
Northern
New ditto
Lyons and Mediterranean 1082 50 .. 1085 --
Geneva 350 .. 351 25
Southern 6BB 75 .. 690
Western .. 545 75 .. 546 25
Eastern
Sardinian 330 .. 332 50
Austrian
Lorebard 528 75 .. 530

THE FEDERAL FRIGATE TUSCA.RO.RA

SOUTHAMPTON, TUESDAY EVENING.

There is at last a probability of the Federal steam
frigate Tuscarora leaving the Southampton Waters
in the course of a few hours, but her destination is
kept a profound secret by her officers. Many of
them have been on shore to-day making purchases,
and stores in some quantities have been sent off to
the ship by the purveyors. One of the principal
officers stated this afternoon that the vessel was
merely going for a cruise of three or four days'
duration, and that she would make Southampton
River her head quarters for a long time to come.
This assertion, however, must be taken for just as
much as it is worth. There is a rumour afloat, but
which we cannot trace to any reliable source, that
our Government have intimated to the commanders
of both the Nashville and the Tuscarora they had
better make themselves " scarce." It is high time
some decisive steps were taken regarding them—the
Tuscarora at any rate ; for it was only last night
that one of her petty officers was drunk in the
streets, abusing and threatening everybody, and the
police very properly made him safe by giving him
a night's gratuitous lodging in one of the cells of
the station-house. _ _

Early this morning her Majesty's screw frigate
Shannon, 51 guns, came up from Spithead and an-
chored just off Calshot Castle, midway be-
tween Cowes and Southampton. The object of
her visit is not exactly known, but it may be pre-
sumed that it has some reference to the belligerent
vessels. At any rate it is a very unusual circum-
stance for one of her Majesty's ships of war to
anchor in this spot. Her Majesty's frigate Daunt-
less has been fully equipped for sea some time, and
is ready to heave anchor at a moment's notice.

RUMOURED CONFEDERATE VICTORY AT PORT
ROYAL.—The Asia has brought intelligence from New
York of a battle having been fought on the 12th of January,
on the main land, in the vicinity of Port Royal, between
General Lee's forces and the Federal troops, resulting in
the total defeat of the latter, with a loss of 1,700 killed and
wounded. The Washington Government, we are informed,
had taken steps to suppress the news of this reverse,which,
nevertheless, has reached a highly respectable party in
Liverpool, through a private channel.
A Galway correspondent says that the present
directors of the Atlantic Company are fast preparing to
have everything ready for a good start when the proper
time arrives. Mr. Mangles, chairman of the West India
Royal'Mail Company, and deputy-chairman of the Atlantic
Company, visited Galway some time ago, and sailed down
the bay, making himself thoroughly conversant with every
matter pertaining to, or likely to affect, the company. The
Hibernia has been double-plated and raised six feet. A
hurricane deck has also been added to her, and the spon-
sons, being now much higher and larger, give her a noble
and commanding appearance over the water. She will be
out of the builder's hands in a few weeks, and the Columbia
and Anglia will soon follow, after having undergone the
same alterations. When these boats are fairly out of the
builder's hands the company need not fear a minute inspec-
tion from even the most inveterate opponents of the Gal-
way line. I believe the company will be perfectly pre-
pared to resume the sailings by the end of May, but I do
not think they could safely say a day sooner. Captain
Thompson, the resident superintendent at Galway, has re-
signed, and is succeeded by I\4. Jones, late passenger clerk
to the company.