The Sun.
London, England, 1858-11-27 00:00:00

LATEST NEWS.

The following telegram was received at Mr,
Reuter's office this morning, Nov. 27 :
MADRID, Nov. 26.

The semi-official Correspondancia Autographa
contains the following :
The Minister of Marine, Admiral Jose Maria
Quesada, having promoted two naval officers (chefs
de marine) without consulting the Council, Marshal
O'Donnell in consequence thereof tendered his re-
signation, but the Queen most graciously refused
to accept it.

The Gazettc contains an official announcement o.
the resignation of Admiral Quesada.

Marshal O'Donnell is provisionally appointed
Minister of Marine.
Three per Cents. closed yesterday, 42 70.
Ditto, Deferred, 3l —.

FRANCE.

PARIS, FRIDAY,

A deplorable accident occurred yesterday at Vin-
cennes. General Ardent, of the Engineers, who
was assisting at a trial of guns being fired at a
target, was struck on the head by a projectile, and
was killed on the spot. The Minister of War,
Marshal Vaillant, was standing near him at the
moment, but escaped unhurt.

The weekly sitting of the French Academy takes
place every Thursday. M. Bcrryer and M. de
Montalembert, who, as you are aware, are both
members of that learned body, atteneded in their
places yesterday. They were received with great
applause—in fact, their entry was quite an ovation.
Though M. de Montalembert, from the simple
fact of his condemnation even to a lighter penalty
than six months' imprisonment anci. 3,000 f. fine,
becomes amenable to the provisions of the terrible
penal law passed after the attendat, and might be
banished to Algeria at the will of the Minister,
he has no present intention, it appears, of quitting
France when the term of his imprisonment is
expired.

The Presse publishes a long article on the high
price of meat, and strongly recommends the Muni-
cipal Commission of Paris to take the matter into
its own hands, in the interest of the public. It
points to a plan pursued in Turin as worthy of
imitation, and as presenting no difficulties worth
speaking of. The following is an extract :—" Why
does not the Parisian municipality do for meat
what it has done for bread ? Why does not the
City of Paris, which has become miller and baker,
also adopt the trade of butcher? It has only to
apply to meat a similar measure to what has
been adopted for bread. As a precedent it
might bring forward the municipal butchery-
trade of Turin, which has existed for more
than a century. Having been first founded for
the supply of the hospitals and colleges, it was
afterwards opened to the public for the purpose
of counteracting the increasing exigencies of the
butchers. It is placed under the surveillance of the
superintendent of police, who appoints the director.
Every week this latter purchases the cattle which
he may stand in need of. He publishes an account
of the price of the animals when alive—their yield
in meat, tallow, hide, and offal—the general ex-
penses of slaughtering, and other charges connected
with the institution. He thus establishes the cost
price of the meat, to which he then adds a fair profit
for the tradesman. The butcher, it is true, is not
compelled to remain satisfied with the profit, but
as the consumers know the real price, they are able
to beat him down, and as a last resource they have
the municipal butchery to apply to. This insti-
tution, therefore, possesses real advantagei. In
making known the real cost price of the meat, by
official publications, it enlightens at the same time
both the producers and the consumers. It enables
the former to judge of the advantages of breeding,
and the latter to contend against the extortions of
the butchers. Thus, •on the one hand, it favours
the cheap production of cattle, and, on the other,
enlarges the circld of consumption. It tl*refpre
proceeds in a contrary sense to what intermediate
agents do, who by increasing the price of articles
limit the demand."

The Co nstitutionnel, in discussing some statistical
returns on the state of mendicity in the ilaut-Rhin,
recommends that an inquiry should be instituted
on the subject in every department of France, in
order to render relief to the poor more efficacious,
without. being less prompt or less general.

BOURSE, Nov. 26.—The market has been rather
unsettled. Threes have been done at 74f. 10c.
and 74f. 25e.; Mobilier, 1;015f. and 1,023 f. 75c.;
Austrian, 645 f. and 646 f. 25c. ; Orleans, 1,397 f.
50c. and 1,400 f.; Northern, 995 f. and 997 f. 50c.;
and Southern, 5851. 50e. and 585 f. The follow
ing are the last quotations :
tt per Cents. 96 95
Do. end month 97
3 per Cents 74 15
Do. end month 74 25
Bank Shares. '3157 50
Credit Mobilier 1017 50
Do. Account -

Credit Fonder 675
Belgian 4f 991
Piedmonteso (5) 9t 50
Roman 95 50
Austrian
Spanish Threes
Home Debt 42 50

RAILWAYS.

Cash.

Account.
Orleans
Northern . 997 50 .. 997 50
New ditto. 837 50 840
Lyons and Mediterranean 876 25 .. 877 50
New ditto
0 mera . ,
Midi
SoUthern
•
Western 615 .. 612' 50
Eastern
Grand Central
Sardinian
Austrian
Exchange on London, at sight, paper, 2.5 f. 121 e. ; three
months, paper, 24f. 971 c. ; money, 21f. 95c.

- __
.. 630