The Sun.
London, England, 1866-05-23 00:00:00

TO REFORM. I LATEST INTELLIGENCE. present. No prominent Federal State or municpal
official is yet reported to have visited Stephens.
(REUTER'S TELEGRAM.) • NEW YORK, MAY 12.
Money abundant ; Gold, 1281 ; Exchange on
London, 144. ; on Paris, 3.98. Stocks firm but
little doing. New York Centrals, 9241; Illinois,
1224. ; Erie, 73-34 ; 5-20 Bonds, 102. Cotton :held
firmly ; Middling Upland, 34i ; flour and wheat
dull ; corn quiet ; provisions dull ; coffee steady ;
sugar and molasses quiet ; crude petroleum, 29 ;
refined, 42. Receipts of cotton at New York last
four days, 5,000 ; Two days sales, 3,000 bales.
NEW ORLEANS, MAY 11.
Cotton firm and active ; low, middling ; 32 to
33 weeks receipts, 6,000 ; two days sales, 4,000

THE WAR CRISIS.

BERLIN, MAY 22.

The Prussian Government has prohibited the
exportation until the Ist October next, of corn,
hay, or straw, across the frontier from the Vistula,
near Thorn (inclusively) to the frontier bordering
on the kingdom of Saxony, near Seidenberg.
The prohibition will also apply to exportation
across such other parts of the Prussian frontier as
border on those States of the Zollverein, which
shall refuse to decree a similar prohibition.
CASSEL, MAT 22.

bales.

The Austrian Colonel Wimpfen has arrived here
to make arrangements for conveying Austrian
troops through Hesse Cassel.

FRANCE.

PARIS, MAY 23.

VIENNA, MAY 23.

A telegram received here from Jassy, announces
the entry of a combined Russian and Turkish corps
d'arinje into Moldavia yesterday.
Omar Pasha commands the Turkish, and General
Kotzebue the Russian troops.

The Constitutionnel of this morning publishes an
article headed, " The peaceful policy of the Empire,"
in which it states that the French Government has
taken the initiative for a collective step on the part
of France, England, and Russia. The Constitu-
tionnel adds :—" Diplomatic communications are
being carried on between the three Courts to settle
the form which this step shall take, and the moment
when the attempt shall be made."
BOURSE, May 22, Two o'clock.—The tone of
market is much improved to-day, and all securities
show higher quotations. Threes, for the Account,
are dealt in at 63f. 55c.—a rise of 40c. Italian
Fives are in good demand at 39f. 15c., or an ad-
vance of lf. 15c. Credit Mobilier Shares improved
6f. 25c., viz., to 513 f. 75c ; and Credit Foncier,
5f., to 1,090 f. Better prices are also obtained on
Railway Shares, Northern having advanced 2f. 50c.
—to 1,045 f., and Lyons, sf.—to 715. Austrian are
actively dealt in, and show an improvement of 15f.,
at 300 f. Lombard Shares have an advance of 10f.,
the price being 297 f. 50c. English Consols are
telegraphed with an advance of k percent. 147,500 f.
French Rente is being " discounted" ; also 95,000 f.
Italian Fives, 1,250 CreditMobilier Shares, and 150
Lyons. Three o'clock. —The market has closed as
follows
per Cents 93 Bank Shares 3350
Do. end month — Italian Loan 39 35

At the Paris Conference Prussia alone raised any
objection to the proposal of the Porte for a joint
intervention in the Danubian Principalities. Russia
even is said to have agreed with Turkey on the
subject, and the proposal for intervention as agreed
to by them was submitted ,to the Conference.
France, England, and Austria intend to protest
against the enthronement of Prince Charles of
Hohenzollern.

HANOVER, MAY 22.

Prince Solms, General in the Austrian army, has
arrived here unexpectedly. It is anderstood that
he is instructed to open negotiations with the
Government of Hanover respecting the passage of
Austrian forces through Hanoverian territory.

3 per Cents. 63 35 Do. end month
39 35
Do. end month 63 55 Mexican Loan 32
Credit Mobilier ... 510 Do. Bonds 230

Do. end month 513 75 Spanish Threes ... 34
Credit Fonder — Home Debt
Do. end month 1097 50 Deferred

RAILWAYS.

For Account.
Orleans
Northern
Lyons and Mediterranean 790
Southern 526 25
Western
Eastern
Sardinian
Austrian
Lombard
North of Spain
Saragossa
Ditto to Barcelona
Roman..

495 -

300 -
295 -
115 -
150 -

The Bombardment of Valpai aiso.

[REUTER'S EXPRESS.]
MADRID, May 20.

The following official despatch of Admiral
Mendez Nunez commanding the Spanish naval
forces in the Pacific, detailing the bombardment of
Valparaiso upon the 31st March, has been received
in this capital.
" On board the Numancia, Valparaiso
Roads, March 31, 1866.

" Most Excellent Sir,—Profoundly saddened, as
your Excellency can understand, and labouring under
the sorrowful impression the duty of directing the fire
of the ships placed under his command upon a popula-
tion that does not defend itself must produce in the
mind of the chief of a squadron, I hasten to acquaint
you with the manner in which I have fulfilled this
painful obligation conformably to the instructions
H. C. M.'s Government,.after having in vain ap-
pealed to all the means of conciliation compatible
with dignity, as your Excellency will perceive from
private communications, and the Government of
Chili persisting in its refusal to give our insulted
flag the satisfaction due.
At dawn this morning the vessels completely
equipped set themselves in motion under my orders
and anchored in the interior of the port. A few
minutes before 8 o'clock the English and American
squadron (pitted their anchorage to take up a posi-
tion at the entrance. At 8 o'clock I gave the signal
agreed upon to unmask the guns, and to announce
that fire would be opened after an hour's delay. At
a quarter to nine I gave orders to beat to quarters,
and at a quarter past nine, each vessel occupying
the post assigned to her in order of battle drawn
up the day before, and of which I enclose a copy to
your Excellency, I opened fire against the enemy.
" The Villa de Madrid, the Blanca, and the
Vencedor a anchored at from 4 to 7 cables lengths
distant from the points upon which they directed
their broadsides, kept up their fire with perfect
precision and accuracy. The manoeuvres were all
admirably executed. The Resolution did not suc-
ceed until towards ten o'clock in placing herself in
a good position to cannonade the point designated
to her. Her fire was not always very precise ;
therefore, perceiving that she did not manage to
throw her shells into the railway buildings, and that
several on the contrary fell in a convent situated
upon a height at some distance, I ordered that ves-
sel to cease firing against the point she thus vainly
cannonaded, in order to direct her broadsides against
the customs warehouses, an operation she carried
out this time with sufficient success. Conforming
himself to the instructions I had given him, the com-
mandant of the Blanca, iu concert with the Ven-
cedora, bombarded the Exchange and the Govern-
ment House.

44 At half-past 11 I ordered the Blanca to attack
the railway establishments, and the Villa de Madrid
to turn her fire against a barrack and a small fort
upon a height above the Customs' warehouses,
where the Chilian flag was hoisted. The gunners
of the Villa de Madrid displayed admirable skill.
They succeeded in cutting the cords of the flagstaff,
so that the flag remained hanging from the broken
staff between earth and sky. At noon the four
Customs' warehouses were set on fire, as well as
that portion of the city past the Exchange, from
a shell fired by the Vencedeora, which scattering
into some shops and houses adjoining soon spread
the flames. The railway buildings having also been
burnt, I gave orders to cease firing by hoisting
the Spanish flag from the mizen—tho signal agreed
upon with the English Admiral and the American
Commodore to announce that the bombard-
ment had ceased. I then immediately returned with
my ships to the anchorage the squadron had occu-
pied since the day of publication of the manifesto to
the corps diplomatique residing at Santiago, leaving
the Resolution at the entrance of the port to sus-
tain the blockade.

" The foreign vessels having resumed their former
anchorage, I addressed a letter to the English Ad-
miral, earnestly begging him to lot m e know whe-
ther he had heard that the inhabitants of Valparaiso
had to regret the loss of many of their number.
Admiral Denman replied to me in a very friendly
manner, that, according to the only information he
had received, four persons had been killed on land.
I hasten to communicate the above to your Excel-
lency's superior knowledge, as is my duty.
" May God protect your Excellency many years.
(Signed) MENDEZ NUNEZ.
"'Co His Excellency the Minister of Marine."

MISS RUSSELL'S CONCERT.:—This fascinating
prima donna will give her annual concert, uuder the direc-
tion of Mr. Jonghmans, at the Canterbury Hall, on Friday,
the Bth of June, when several distinguished artistes have
volunteered their services. During the evening the cele-
brated Hungarians, the Brothers and Sister Keralfy, will
make their first and only appearance at this establishment
in their wonderful entertainment of " Kanasz es Csardas,"
and a new waltz by Willem Vaudervell, entitled " Nemea,"
will be played for the first time. We have no doubt that
this especial and deserving favourite will command a
bumper.