The Sun.
London, England, 1853-09-15 00:00:00

5, 185 3.

TEST
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FRANCE.

The Ocean Squadron, which has just entered the
port of Cherbourg, consists of the Hercule, of 100
guns, the Duguescelin, the steam and sailing vessel
Jean Bart, of 90 guns, the steam-frigate Caffarelli,
the steam and sailing frigate Pomone, of 40 guns,
and the steam corvettes Roland and Infe"nal. To
these ought to be added the steam and sailing ves-
sel Austerlitz, of 100 guns. These vessels form
the first division of the squadron. Vice-Admiral
Bruat, the commander, was expected by the 15th
inst.

The Emperor came to Paris on Tuesday, and
visited the works going out in the Quartier Latin,
and particularly the opening of the Rue des Ecoles.
The accounts from St. Petersburgh are expected
to reach Paris this day (Thursday).

The Moniteur says :—" By imperial decree of
the 12th of this month, signed on the proposition
of his Excellency the Minister of War, a certain
number of localities in Algeria, heretofore classed
in the military territory, have been placed under
the civil regime. This decree gives satisfaction to
important interests and legitimate wants :—" The
measure in question consists in increasing the de-
partments of Oran and Constantina, and in en-
larging the limits of certain arrondissements in
them."

The Minister of Agriculture, Commerce, and
Public Works has, in execution of Art. 5 of the
decree of the 18th October, 1852, nominated a
commission, consisting of eight eminent function-
aries, presided over by M. Heurtier, Councilor of
State, Director-General of Agriculture and Com-
merce, to give their opinion on all questions relative
to the management and surveillance of societies of
Credit Fonder.

A telegraphic dispatch from Marseilles says :
" In consequence of the uneasiness felt in the trade
relative to the Eastern question, the price of wheat
has risen 2fr. 50c. per hectolitre."
The Siecle announces that the system of head-
tickets which was employed in 1846 is to be again
used in Paris for the second fortnight of September,
and that, consequently, henceforward the price of
bread will follow the official quotation of flour in
the corn market, as was practised before the Ist of
September. This decision, it states, was come to
on Tuesday at St. Cloud, where the members of
the municipal commission of Paris were convoked
extraordinarily.
The warlike tone of the leading article in the
Constitutionnel of yesterday, together with the re-
ceipt of a private telegraphic dispatch from Mar-
seilles announcing a rise of 21f. the hectolitre in the
price of wheat, produced a panic amongst the spe-
culators at the Bourse yesterday. The Three per
Cents., which opened at 76f. 25c., fell to 76f. Large
purchases were made at the latter price, and they rose
to 76f. 60c., at which they closed for the end of the
month. The Four-aud-a-Half per Cents. closed at
100 f. 30c. ; Orleans Railway Shares, 1,205 f. ; Rouen,
1,030 f. ; Havre, 502 f. 50c. ; Great Northern, 855 f. ;
Paris and Strasburg, 905 f. ; Paris and Lyons, 910 f.;
Lyons to the Mediterranean, 750 f. ; Western of
France, 730 f. ; Bordeaux and Cette, 600 f. ; Great
Central, 515 f. ; Lyons to Geneva, 515 f. ; Shares of
the Bank of Credit Mobilier, 760 f. After the
closing of the Bourse the Three per Cents. rose to
77. 60c. out of doors, and are now at 77f. 10c.