The Sun.
London, England, 1862-07-02 00:00:00

FRANCE.

BOURSE, July I.—Speculators are occupied with
the settlement of their monthly accounts to the ex-
clusion of any new operations of consequence.
The market has been quiet, but rather firmer.
Threes, for the Account, are now at 68f 25c.
The Railway Share Market rather heavy, The
market closed as follows :

Bank Shares 3140
Credit Foncier 1640
Piedmontesc Fives 72
Italian Loan 72
Roman
Austrian
Spanish Threes 6ll
Rome Debt
PAM
Cash. Account.
Orleans lOO5 .. 1003 75
Northern
New ditto
Lyons and Mediterranean 1090 .. 1092 50
Geneva..

4t per Cents .. 96 60
Do. end month.... 96 60
3 per Cents
Do. end month 6B 05
[stew 3 per Cents
Do. end month —
Credit Mobilier 847 50
Do. end month 847 50
BAIL'

Southern

Western

Eastern

Sardinian - • • --
Austrian
Lowbard

THE CIVIL WAR IN AMERICA.

(Per North American, via Quebec and Londonderry.)
NEW YORK, JUNE 21, Morning.
An active skirmish has taken place before Rich-
mond, the Confederates assuming a more menacing

attitude.
The Confederates opened fire upon the Federal
fleet at City Point. The Federals returned the
attack, silencing the Confederate batteries.
General Buell's army has left for East Tennessee,
via Huntsville.
General Jackson has a considerable force at Har-
risonburg and Fort Republic.
General Shields has concentrated his forces at
Strasburg. Fremont is advancing to New Market,
and an engagement is expected in the Valley of the
Shenandoah.
General Pope has relinquished his pursuit of

Beauregard.
It is reported that the Federals will now form a
defensive line from Corinth to Memphis, and aban-
don their aggressive policy in the West during the
summer months.
The Confederates continue to receive reinforce-
ments at Richmond.
It is reported that the Federal Secretary of War
will call on the Governors of the various States for
additional troops.
The Federals have occupied Cumberland Gap,
evacuated by the Confederates.
No material change has taken place in New Or-
leans. One man has been hung in that city for
hauling down the Federal flag from the Mint.
Pierre Soule has arrived at New York, and is
confined in Fort Lafayette.
The House of Representatives has passed a bill
confiscating the slaves of rebels.
A Federal supervisor of the press has been ap-
pointed in Memphis. The Federal sentinels have
received orders to shoot any persons attempting to
lower the Federal flag or to molest Union citizens.
Three thousand bales of cotton have been shipped
from Memphis. Guerillas are reported to be burn-
ing the cotton in Northern Mississippi.
In reply to the Emancipation Committee, Presi-
dent Lincoln said that an emancipation proclama-
tion would not attain the desired end, as the con-
stitution itself cannot now be enforced in the
Southern States.
The Committee of Ways and Means have re-
ported it bill largely increasing the temporary
duties upon imports, imposing an additional duty
of 25c. per gallon upon brandy, and an additional
duty upon all spirits, iron, copper, coal, carpets,
woollens, books, tobacco, coke, and drugs; in fact,
upon all articles of foreign importation.
The Naval Committee have reported a bill to
Congress establishing naval depots and yards on
Lakes Erie, Michigan, and Ontario.
(LATEST BY TELEGRAPH TO FATHER POINT.)
NEW YORK, JUNE 21, EVENING.
The Confederates have been largely reinforced
at Mobile, and are making extraordinary efforts to
prevent the capture of that city.
The Federal troops at Key West will reinforce
the troops before Charleston.
The Federal gunboats have captured a Confede-
rate battery on White River after a sharp engage-
ment.

Beauregard is at Okalona, with 80,000 men.
Kirkby Smith is at Anooga 20,000 strong, and
Vandorn with a small cavalry force is at Granada.
Wild rumours of the defeat and success of
M'Clellan are current this afternoon, but cannot be
traced to authentic sources.

General
M'Cle]lan reports this afternoon that
" things are pretty quiet to-day, and there is not
quite so much shelling as usual. Our prepara-
he continues, 4‘ are progressing well. The
enemy opened fire with some heavy guns yester-
day, but did no harm." _

Other despatches state that nothing more than
daily skirmishing has yet occurred before Rich-
mond.

The confiscation of the steamer Circassian is con-
firmed. The schooner Mary Stuart Nashua has
been captured while running the blockade. The
crew escaped ashore.

The City of Washington, leaving today, taken
out 2,400,000 dols. in specie.

COMMERCIAL INTELLIGENCE.
Money abundant. Gold, 6 premium. Stocks
dull. Cotton slightly firmer. Provisions steady.

NEW YORK, JUNE 21,
The New York journals publish advices from
Vera Cruz to the Ist of June.
Almonte was acting as Provisional Governor at
Vera Cruz. 130 had issued a notice permitting
the entry of flour on the payment of 3'dols. per
barrel duty.
The New York Herald has Mexican news from
Yucatan to the 28th of
May, stating that the Mexi-
cans were rising in large numbers to resist the
French, who would be compelled to surrender.
The officers of the French fleet in New York harp
boar report, that the latest
spatches were very favourable to the French.

CALCUTTA AND SOUTH- EASTEzN OF

BENGAL _RAILWAY.

Yesterday an extraordinary general raeetng of
this company was held at the offices in Gre,ham-
house, Old Broad-street, for the purpose of conirra-
ing the special resolutions passed at an extratrdi-
nary general meeting of the company, held on the
29th May, for authorising the directors to raist
further sum of £50,000 by debentures or shares, ald
to increase the capital of the company to that e$

tent. Mr. Borrodaile was in the chair.
After the usual preliminaries,
The CHAIRMAN said it would be his duty aitnPlY .
to move the confirmation of the resolutions passed
at the previous meeting, but as they had present
Mr. Schiller, the company's agent, who had recently
returned from India, some of the shareholders would
perhaps be desirous of knowing the progress and
prospects of the undertaking. He then formally
moved the confirmation of the resolutions.
Mr. MARSHAM seconded the resolution, which
was unanimously carried.
Mr. F. SCHILLER, in answer to various questions
from the shareholders, said he had had the honour
not only of being in India the representative of
the company, but he and several of his friends were
deeply interested in the success of the railway and
the port of Mutlab, with which the line was
so intimately connected—a port which must prove
of the greatest possible assistance to Calcutta itself.
The cost of the line would be much beyond the
original estimate, and although he could not look
for 25 or 30 per cent. on the outlay, he was satisfied
he could fairly reckon on a profit of at least 10 per
cent. The promoters of the scheme for opening a
line from Calcutta to the river Mutlah were induced
to enter on the enterprise by facts which were
familiar to those who were acquainted with the.
navigation of the Hooghley. They saw that in
order to provide properly for the commerce of Ben-
gal, they would be obliged to accommodate a portion
of the traffic which now went up to Calcutta
—(hear, hear)—for Calcutta must ever remain the
capital of Bengal. It was probable that the share-
holders would not for twelve months after the com-
pletion find the undertaking remunerative, but he
was sure the undertaking contained within itself
all the essential elements of success. Public opinion
in Bengal, which was at the commencement of the
line adverse to the prosecution of it, was now en-
tirely changed, and it was universally recognised
that the port of Mutlah would be necessary for the
support of the commerce of Calcutta. He would,
in support of this view, mention a few facts. Three
years ago certain lots of land which were to be 001,d
in the neighbourhood of the line were put up for
disposal, but there were few bidders except those
who were in favour of the railway ; the conse"
quence was that the greater part of the land via°
disposed of at the price of one rupee per sore
with 100 rupees rent. Slime that time some of the
land so purchased had changed hands at 1,000
rupees per acre, and before he left India a person
who had purchased an acre for one rupee disposed
of it for 1,000, and this lot, had it been in Calcutta►
would have realised 25,000. In referring to the
advantages which the port of Mutlah would confer
on the shipping, he stated that returns showed that
during the last twelve months vessels of the aggre'
gate tonnage of 74,000 tons had touched ground in
the river Hooghley, and that a large amount of loss
had taken place in consequence. Having pointed
out the delay which must necessarily be avoided by
shippers using Port Mutlah, he concluded a short
but interesting speech amidst the applause of the
shareholders.
A cordial vote of thanks to the chairman closed
the proceedings.