The Sun.
London, England, 1854-05-23 00:00:00

THE SUN, LONDON, TUESDAY EVENING, MAY 23, 1854

MONEY MARKET

LATEST FOREIGN NEWS

AND
00.111MERCIA1 INTELLIGENCE.

THE TREATY BETWEEN
AUSTRIA AND PRUSSIA.
The following is a translation from the original
German of the defensive and offensive treaty lately
concluded between Austria and Prussia. The mi-
litary, or so-called secret stipulations, which con-
tain the eventualities spoken of iu the convention,
have not yet been obtained :
"OFFENSIVE AND DEFENSIVE TREATY
BETWEEN PRUSSIA AND AUSTRIA.
"His Majesty the King of Prussia and his Majesty
the Emperor of Austria,
"Penetrated with profound regret at the fruitlessness
of their previous efforts to avert the outbreak of war be-
tween Russia on the one side, and Turkey, England,
and France on the other;
"Considering the moral obligations imposed on them
by having signed the last Vienna protocol ;
"Seeing the constant augmentation of military mea-
sures on both sides, and the increasing dangers ema-
nating therefrom to general peace ;
"Persuaded as to the high mission which, on the
threshold of a funeste future, is allotted to them and to
Germany, intimately allied with both States, in and for
the interests of European welfare;
" Have resolved to unite, during the existence of the
war which has broken out, between Russia on the one
side, and Turkey, France, and England on the other, in
a defensive and offensive alliance, and have named for
the conclusion thereof the following plenipotentiaries :
" His Majesty the King of Prussia, his Minister-
President Baron von Manteuffel, &c. ;
" His Majesty the Emperor of Austria, his actual
Privy-Councillor Baron von Hess, and his actual Privy-
Councillor Count Thun von Hohenstein ;
" The same, after exchanging their full powers, found
in due order, agreed upon the following points :
" Art. 1. His Majesty the King of Prussia and his
Imperial Apostolical Majesty reciprocally guarantee to
each other the possession of their German and non-Ger-
man territories, so that any attack made upon the terri-
tory of the one, no matter whence it may come, shall be
regarded as a hostile attack on the territory of the other.
" Art. 2. In the same manner the high contracting
parties hold themselves bound to safeguard the interests
of Germany from all and every inroad, and regard them-
selves,, consequently, as bound to resist every attack
upon any portion of their territory, in case that one of
them should, in accord with the other, find itself re-
quired to move (voranzugh,en) in defence of German in-
terests. Agreement as to the initiative (cintritt) of the
eventuality just mentioned, as well also as to the extent
of assistance to be afforded, shall form the subject of
special arrangements, which are to be considered as in-
tegral portions of the present treaty.
"Art. 3. In order to give the necessary weight and
strength to the offensive and defensive treaty concluded
by them, the two great German Powers hind themselves,
in case of need, to hold a portion of their military force
fully prepared for war, at given epochs and at given
points to be determined between them. Special resolu-
tions shall also ensue as regards the time, extent, and
mode of employing this military force.
"Art. 4. The high contracting parties will invite all
German States to adhere to this alliance, in such measure
as Ls provided for by Art. 47 of the Vienna concluding
acts, so that the legal federal obligations shall receive
such extension by adhering States as the present treaty
points out.
"Art 5. Neither of the high contracting parties will,
during the existence of this alliance, conclude any sepa-
rate treaty whatever with other States, which does not
fully harmonise with the prinoiples of the present treaty.
"Art. 6. The present treaty shall be submitted, as
soon as possible, to the ratifications of the august So-
vereigns.
"Done at Berlin, April 20, 1854.
(Signed) " VON MANTEUFFEL.
VON HESS.
VON THUN."

CITY, TWO o'CLOCK.
The sales of cotton at Liverpool yesterday
were estimated at 6,000 bales, including 7,000
American taken on speculation. The market
closed with prices but little changed. The sales
comprised 5,000 American, 200 Pernam and
Maranham, at 6id. to Sid, 100 Bahia, at 6id. to
6jd. 300 Egyptian at 6d. to 7id., and 500 Surat
at 21d. to 30. per lb. Railway share 3 were dull.
The mercantile markets are quiet, and except for
one or two staples, the demand is only for imme-
diate wants. Referring to the tallow trade,
Messrs. F. J. Smith and Charles observe
"We have had of late to record very fluctuating
markets—frequent declines followed by reactions. The
lattez have been the natural consequence of the former,
wkiich have not been based upon any substantial fact,
'either political or commercial. They have rather been
the result of operations entered into by Bear speculators,
who seeing no disposition on the part of the trade or
general operators to buy, have calculated (correctly
enough, as the event has shown) that by forcing sales
they would frighten timid holders, get down the
market, and come in cheaper. The great facts, how-
ever, remain the same. From Australia, South America,
we cannot have more than last year Russia
is blockaded, and any tallow we get from thence must
be brought everland, at an expense of 154/. per ton at
least over the usual charges, without calculating loss in
weight, en route, which may be fairly taken at 2/. to 3/.
more. Now what are the facts at home ? We have a
stock of 36m Casks against 32m, the average of the last
four years. We have the Outports extremely bare ; the
trade without stock, for, instead of manufacturing their
home tallow into candles, to be ready for the autumn
demand, they have been selling it to the soap trade for
their daily wants. A more than usually vigorous de-
mand may, therefore, be confidently looked for in Au-
gust and September next.

The following is a copy cf the official notice,
establishina a blockade of the Russian ports :
"11.1e.5. Amphion, Harbour of Memel, May 12.
" Sir,—l have the honour to inform the Consuls of
her Majesty at Riga, Libau, Windau, that those ports
are at length in a state of rigorous blockade, and that
all the ships which leave after the 15th May, either
wholly or partially laden, will be stopped and sent to
England or France, to be there declared good prizes.
This communication is to be made public in those ports.
" I have the honour, &c.,
(Signed) "A. C. KEY, Captain.
" M. M. J. Hertslet, Esq.,
H.B.M. Consul at Memel."

The Belgian merchants and Chambers of Com-
merce are still urging their Government to solicit
further indulgences for neutral vessels, but the
latter very properly meets their solicitation by the
assertion that the allies are acting with great for-
bearance, and could not be expected to concede the
points asked. Some of the Belgian shippers have
had practical evidence of our indulgence towards
neutral ships, seeing they executed large orders for
small arms on Greek and Russian account.

Odessa ad vices of May 18 report great activity
in the repair and reconstruction of the fortifications.
Guns of a larger calibre are to be mounted, and
the ruins of the arsenal are to be cleared away and
another built as speedily as possible, General
Sucharon having been ordered to put everything
into a state of defence. The concentration of
troops in Poland continued.

Letters of May 15 from Bucharest still express a
doubt whether her Majesty's steamer Tiger was
not got off.

The ship Maidstone brings accounts not later
than February 7 from Sydney, and 15,715 ounces
in gold.

The debate in the Commons last night upon the
Exchequer Bonds bears out what we mentioned
yesterday as the general impression in the City,
viz., that there would be a large majority for Go-
vernment. The more Exchequer Bonds are known
the more they are likely to be appreciated both at
home and abroad; hut with a large number of those
who profit by new loans, at the expense of the pub-
lic, they c )uld not be expected to be popular. The
matter about .which we are now in suspense is the
rate of interest at which Exchequer Bills will be
renewed. Upon this subject, there are stated to
have been interviews between Mr. Gladstone and
the Governor of the Bank of England, and the
result, as some report is, that 2id. per centum per
diem, will be the allowance. There were expecta-
tions of 2id. being given, and there are still doubts
if the bills will float at a premium under that rate.
The stock market, which after the official hours
of business went better yesterday, has become still
firmer this morning, upon the idea that Exchequer-
bills will not have such a high rate of interest ac-
corded, as was considered probable a short time
back. The publication of the treaty between
Austria and Prussia has rather a good effect,
and the terms are looked upon as being more
satisfactory than those in the Emperor's letter,
published yesterday. Consols have been done
at 881, and since at 89* at 89f for Trans-
fer. The Account prices have been 89 to *.
Exchequer Bills are still 2s. discount to ls. pre-
mium, and the Bonds to premium. East India
Bonds are ss. discount. There is more doing in
the New 34 per Cents. at 88i to 89, and in the 3
per Cents. at 87/ to 878. Bank Stock is firm at
205.

" ADDITIONAL ARTICLE TO THE OFFENSIVE AND DEFEN-
SIVE TREATY CONCLUDED BETWEEN AUSTRIA AND
PRUSSIA.
" According to the .stipulations of Art. 2 of the treaty
concluded this day between his Majesty the King of
Prussia and his Majesty the Emperor of Austria, rela-
tive to arriving at an offensive and defensive alliance,
the more explicit understanding as to the initiative of
the eventuality whereon the action of one high con-
tracting party for the common defence of the territory
of the other shall be grounded, will form the subject of
special arrangements to be considered as integral por-
tions of the principal treaty.
"Their Majesties have not been able to overlook
(habeas sic/s die Ei weigang nicht entzichen annen) the
consideration that the indefinite prolongation of the oc-
cupation of his Highness the Sultan's territory on the
Lower Danube by Russian troops will endanger the
political, moral, and material interests of the whole Ger-
man Confederation, as well as of their own States, and
this in so much higher degree the further Russia extends
her war operations over Turkish territory. The august
Courts of Austria and Prussia are united in the wish to
avoid, if possible, all participation in the war that has
broken out between Russia on the one side, and England,
France, and Turkey on the other ; and at the same time
to aid in the re-establishment of general peace. They
specially consider the explanations recently given by the
Court of St. Petersburg, at Berlin, whereby Russia ap-
pears to consider the original cause of occupying the
principalities as set aside by the concessions now made
to, and in many respects carried out in favour of, the
Porte's Christian subjects, as a powerful element of
pacification, which they could only deeply deplore were
they to see it deprived of further practical influence.
They therefore hoped that the expected replies of the St.
Petersburg Cabinet to the Prussian propositions, trans-
mitted to it under date of the Bth inst. will offer the re-
quired security for the speedy withdrawal of the Russian
troops from the Turkish territory. In the event that
these hopes should be disappointed, the plenipotentiaries
before mentioned, namely, on the part of his Majesty
the King of Prussia, his Minister-President and Minister
for Foreign Affairs, Otto-Feodor Baron von Manteuffel; on
the part of his Majesty the Emperor of Austria, his actual
Privy Councillor Lieutenant-General and Quarter-
master-General Heinrich Baron von Hess, and his actual
Privy Councillor and Chamberlain, Envoy Extraordi-
nary and Minister Plenipotentiary to the Prussian
Court, Frederick Count of Thun, Hohenstein, have de-
termined upon the following more special engagement,
as regards the initiative, in the case designated in Art. 2
of the treaty of alliance of this day :
"SINGLE ARTICLE.
"The Imperial Austrian Legation will, on its part,
address to the Imperial Russian Court propositions (ere-
nung), having for object to procure from his Majesty the
Emperor of Russia the requisite orders for the suspension
of all further advance of his army into the Turkish ter-
ritoty, its welripinacstaolitoiebsta. T
in fhroemPhriusss llilaanjesGtyovceormnmpleenfet
(tbtlguttige) securities for the speedy evacuation of the
DwDanubianthuwbiian pi
reference to its representations already trans-
mitted to St. Petersburg, again energetically support
these propositions.
"Should the replies of the Imperial Russian Court,
contrary to all hope, be of such kind that they should
not afford complete tranquillity as regards the two points
afore-mentioned, then will one of the contracting parties,
in order to obtain the same, adopt measures, under the
stipulations of Art. 2 of the offensive and defensive treaty
concluded this day, to the effect that every hostile at-
tack upon the territory of one or both high contracting
parties shall be repulsed by the other by all the military
force at its disposal.
"An offensive action on the part of both (Ein offen-
sives beiderseitiges vorgehen) would, however, be first
occasioned by the incorporation of the principalities, or
through an attack or passage of the Balkan on the part
of Russia.
r auguste e m e nt
Sovereigns shall b e submitted u
simultaneouslybmit ted t o
with the treaty just mentioned.
the
ratificahteionpre
"Done at Berlin, April 20, 1854.
(Signed)
ti BARON OTTO FEODOR VON MANTEUFFEL.
" F. vox Taus," HENRY BARON VON Hass, Lieutenant-Goneral.
present tt
haeg

Foreign Stocks are veryquiet Russian, however,
have been higher, having realised 95 to 95 for the
5 per Cents. Dutch 2i- per Cents, have been
more animated at 59 to 59.3. Spanish Bonds are
nominal. Mexican are rather heavy at 24g.
Railway Shares are a little firmer in some in-
stances, but without much being done. North-
Western better, and South-Eastern have im-
proved Ito York and Berwick are fiat. Great
Western firm. French Shares are rather neglected.
The Mines are dull, and the Banks cheaper.
Land Companies steady.

BRITISH FUNDS THIS DAY.—CLOSING PRICES
(Prom the Official List. )

Rosiness done.
Bank Stock
3 ppoerr
Cent. Console
CReondooucleodAAntinnuMititeises.
New 31 per Cent. Annuities BBl 98i I
India Bonds, £lOOO
Ditto, under £lOOO 5 d
South Sea Stock
. 115
Consols for Account 6th June B9 8i
Exchequer Bills, 2d.
£IOOO
2500
1 p
Small
2
Exchequer Bonds Scrip
........ P
PRICE OF FOREIGN FUNDS .
111 IS DAY.
Mexican 3 per Cent. ... . ..... . ..... 24$ 1
Russian Bonds, 1822, 5 per bent. .. 95i 51 1
Ditto 4A per Cent ................... 80A
Spanish gouda, 3 per
................. .....
.... 39-
Ditto Passive (Converted)
............... 4
Dividends on the above payable in London.
Dutch Exchange, 2. per Cent, 12 Guil ..... 594 913 Ditto 4 per Cent. certificates ............ 874
TJune Account..RBg M 0 OK.
liitto . ....... ..
19

,EPARTURES FOR THE AUSTRALIAN COLONIES. The
departures from the port of London for the Australian
colonies during the week show a considerable decrease.
They have comprised but three vessels--two to Ade-
laide,
- .
lhTheir
at.
at
etatotal
el
tenE.l
1.,1
limited.
irenteiccapacityt.
Tx; vst t
with an aggregate burden of 976 tons, and one to
consequently,tTvPeehreArderyatmu\vsPhillip,Te eE
producer
IDo heavy,
dA shipments
1r:el; oe.vp,
AND. f6n4301.6w06t0t
tong,
pt.
o,so
havingT.n r
Es
efetesnistattheethAamts
businessterdam was
sel
itt.- THE BALTIC.
Letra from St. Petersburg of the 15th inst.
tivc. The ti-atSactions in coffee had not been exten.
state that the blockade had been. established at
sive, and prices for some descriptions were rather lower. Riza.
Sam raw and refined, presented little alteration, but
Berlinterd a y
,cornefilartmivseththe
safsorn at the north-
purchases had been slightly increased. Indigo had be.
come firmer since the late public sales, and tea had been
letters from Rouen mention that the etinland.
faißrlyousElp—orTtehde.
market for manufactures had experienced little change, the operations having been generally limited. wtnheeeAws-
ts
takingecontainedn tratelegraphicno entrance
to l
fi
inet
hfTheoerGt despatch
otils fift
ifG:r,fouyFms
Sr. PETERSBURG.—The letters from St. Petersburg brought into Memel eight prizes from Windau and
On the 18th inst. the Amphion and Conflict
of the 16th, states that
are to the 15th of May. The two American ships h^`
had recently arrived bad sailed with cargo,- wle
-a
_ ~ and two
other foreign vessels had entered, ms'-•
since the opening of the nav4-
',,0 send awn .ing a total of 13cannonade had been heard for were usieg active eforts antics. The merchants This circumstance may re-
tbe the space of six hours•
as posble overland,, but opinions wyereaBgTeitr4PP4d - late to the Capture of the little fortress of Gustrils•
ivi ed „
on that ciao* A sharp .
:..'.; to the guar!:
'ties which the means nt transport'
duriNt ve $
A letter from Stockholm,
mat fermentation
the season •
. will allow of being despatched.
.`tein Riga same letter mentions that a g R
the advige9
mention that the captain of the Arnphion prevailed in Finland, and that the ussian mill-
`and that meanwhile large amounts of emp and flak bad
had re 4ther-' iitioned in the telegrapic despatch. The
751ven. notice of a blockade to commence on the 15th tart' authorities treated the inhabitants most
Severel
been shipped off -a circumstance which ha ineteased COPEYN.HA EN May
the recent reaction in the price a hemp in the London
market, which is now abe'ut lbt, per ton below what
was demanded a fe* fteks back. From Memel accounts
dated the Isth lust. state that an English steamer was
approaching with four Russian prizes in tow, supposed
to have been taken out of the Russian harbour of Libau
on the previous evening.
' THE FORTHCOMING TRINITY TEM.—Yesterday the list
say that' F Gl.' ' d and
,ng an_
agreement (dated the
one beetioli of this
themselves to procure
Bcanditiaviati States as to
the fast or the lirecoivralicie have made a new
17.—Well,informed persons
15th of April), and that in
Whether they airs join
this
llowevFr may be,
diTiricaregt.ctt"hiteil 41-Inasvweet boofu.tnhde
of arrears for the ensuing Trinity Term, commencing on been redoubled. The Prine° °I
Thursday next, were exhibited at the offices of the dom. tilt; ineinheiS of tisd nessdeC b. :.I:4o4fEsil housel an the a 1-.
the efforts of the Russian party
,net. ti havem most
iteldyf
mon law courts. There was an increase of business, and net itself are all Russian. They are tiew spe;
the " cheap shops" of the superior courts, as Lord Cam P- cillatitig On An ilili3l3oo
bell termed them, are getting on. The arrears of the three 16ttiaii- Eld*ttr 16 toed ttst elf red to keep the Danish
courts number 142. In the Queen's Bench there is brie new With Prussia, which
Opposition in order. Government emlSsariAs openly
trial rule for judgment, and 29 for argument, including
the famous one "Lumley v. eye." In the special paper, threaten th_ei Danes with
6;ti iid A neW Schleswig.Holstein
demurrer list, and county court appeals, there are 5 mat, troops into tiolSt.,.-3 a
quiets and hold with
tars for judgment and 25 for argument, and of enlarged revolt, if they do not keep .
the march of Prussian
rules there are 10. In the Court of Common Pleas there
are only 17 rules, 3 enlarged rules, 8 new trial rules, and and English party here is between two fires. It
four matters standing for judgment. Only two demur• in every way thwarted and discountenanced by '
courts
rers are entered. In the Exchequer there are 55 rules England an
Potsdam and St. Petersburg. Meantime t_ho nationasl
and France, who consent to all the
on the lists, 2on the peremptory paper, 2on the special scandals and infamies now perpetrated here, as
Paper for judgment, and on the new trial list 5 for judg- mere results of the treaty of London ; and it is
term
mnt
beforeand 42 for augument. Trinity. Term is the last battling for life and death with a Cabinet whose
p aTrne There ew ii st
with
tveryhe little
other btu; io-
mloonng
Plans compared
,:
There is a fatality connected with this country.
question has been raised in the profession motto is "Despotism and Schleswig-Holstein."
c i eswig- o s eat
whether the law business should not be divided between
in the English Court as to produce perfect blind-
the three courts in a somewhat similar manner to the
rule adopted in the Court of Chancery. ' - A nese and madness. We sell Denmark openly to
SI 1 ' H 1 t ' influences have been so strong

Russia and Prussia, without compunction and
without shame ; and even at a moment like this we
continue this cowardly and cruel policy. The
simple declaration of England and France would
liberate Denmark at once ; but that declaration is
not made.

GREECE.
APPROACH OF FRENCH TROOPS.

ATHENS, May 12.—The approach of a French
army corps was announced here on the 11th by the
officers of the 20th Light Infantry, who landed
here from the Euphrate, and entered the Piraeus
oil that same day. Everybody was discussing this
intelligence, which, it is said, has made a pro-
found impression on the minds of the Greek popu-
lation.

The Observateur of Trieste contains a letter from
Athens of the 12th, which says :
"It is now certain that the four powers, who signed
the protocol of Vienna, are losing patience, and are de-
termined to put an end to the indecision and tergi ersa-
tion of the Greek Government relative to the insurrec-
tion of Epirus and Thessaly. On the 9th fresh instruc-
tions arrived to the Ministers of the four powers at
Athens. Count de Nithamor, Chamberlain to the King
of Bavaria, arrived here as a courier of the Munich
cabinet. He had an audience of the King, to whom he
handed a letter from his brother, the King of Bavaria.
It is said that the Ministers of France and England are
to send to the Government an ultimatum, calling on it
to accept that of the Porte in the space of five days, and
in case of refusal they will demand their passports. A.
rumour has been put into circulation that 15,000 Bava-
rians are to come and protect the country from every
eventuality."