The Sun.
London, England, 1857-11-09 00:00:00

THE MEDITERRANEAN.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
MALTA, Nov. 6.
_ _ _

Advises from Alexandria, to the morning of the
2d, report no tidings of the arrival at Suez of the
expected Indian and Australian mails.

The Dutchman, with a detachment of Royal
Engineers, from England, reached Alexandria on
the 31st of OctobEr, and the troops left on the day'
following for Suez, where arrangements have been
made for housing them on board the Peninsular and
Oriental Company's coal hulk, Zenobia, until the
arrival of the Hindostan and Pottinger. Those per
Austral3sian, which reached Alexandria on the
25th of October, continued on board, awaiting news
of the arrival at Suez of the Efneu. Should that
vessel not shorty turn ur, the Peninsular and Ori.
ental Company's agent hoped to get them off by
the Hindostan and Pottinger. '

Admiral Lord Lyons' squadron is hourly looked
for at Malta, having been fallen in with'off Na-
varino on the Ist.

The Coquette is under orders for Cagliari, to
convey a summary of the first Indian intelligence that may arrive. .
The Elba has not arrived here yet with the Cag-
liari cable.

The Duke of Devonghire has left, Clatsworthfor Hard
w:cke
PRINCE ALFRED'S VISIT TO TM ILLUSTRIOUS.—Hi/
Ro Y ghaese Prince Alfred visited the Illustrious
• •

training ship on 1110nd43.T110 young Prince, who, it
is supposed, will join the ship in March next as a cadet,
exarnioed the drawings, workbooks, &c., of the naval
students, and appeared much interested in what will, it
i, presumed, be his future studies. The Rev. W. R.
Joiley, who is the chaplain—not "chaplain and naval
instructor"—of the Illustrious, has cbarge of His Royal
Highness as his naval instructor.— United Service Gazette.
REPORTED DEATH OF LORD POWERBCODST._DIIB•
LIN, Sunday. —lntelligence has reached the office of the
Freeman's Journal announcing that a report which bad
been circu'ated of the sudden death of the youthful lord
is without the slightest foundation. He was auffeiing
horn a slight attack of influenza, but he is now con.
valeseent.

APPOINTMENTS.—Dr. James Ogston bas been ap
pc iet3d the First Profe sor of Medical Logic and hied
Cal juriAprudence in the Mariachel College and Univer
city of Aberdeen. Mr. Robert Brown Shaw has been
appointed Assistant Clerk of the Balls' and Mr. John
Walker and Mr. Wrn. Robert Haydn Ordinary Clerks
of the Bill Chamber in Scot!and.
WlLLs.—The W.II of the Rev. Edmur d Melvill, M.A.
Chancel or of S.tioL David's, and of St. James's-place,
Westminster, has been proved in the London Preroga•
tive Cour', uider 20,0001. ; John R. Bousfield, Esq., of
.undaditch, 80,0001. ; John Edwards, Esq., of Bramp.
ton Brian, 60,0001. ; Captain William Cooce, R.lVe 6'.
45,0001. W. R. Berryman, Eeq., of Stoke Dement'.
25,000/. ; Thomas Lloyd, Esq., of Coedmere, 20,000/. ;
Richard Andrews, Esq., of Peckham, 18,0001. ; Mrs.
Jane Whittaker, of Scole Lodge, Norfolk, 50,0001.

IVIONEY IVUUXET

ND
COMMERCIAL INTELLIGENCE

CITY, Two o'CLocx.
The Liverpool Cotton Market on Saturday closed
-with a downward tendency. The sales were 1,500
bales. The Railway Share Market was steady,
without any change in prices.
The failure of Messrs. Douglas and Westcott,
merchants and shipbrokers, and Mr. A. E. Byrne,
in the Canadian trade, has been announced.
The demand for money during the last few days
has slightly abated, and although it is still very
active, there is an absence of that stringency and
Pressure which were experienced before the rate of
discount was raised to 9 per cent. At that period
the expectation of advanced terms stimulated the
inquiry, and the commercial public appear to have
obtained much more than they required lest they,
should be unable to provide for future engage-
loents except on higher terms. During the
last few days, however, it was imagined that
a further application of the screw namely,
au elevation to 10 per cent. would be avoided, but
a good deal of doubt still exists upon the subject.
The relaxed pressure, however, and the still more
important fact, that for several days past, the
Withdrawals from the Bank have been unimportant,
have caused some abatement of the apprehension
Which recently prevailed. Although the Money
Market cannot be said to have improved, still
there is a better feeling which might at any moment
be increased by more favourable advices from
the United States, or Australian gold arrivals.
The commercial failures resulting from the trans-
atlantic crisis have not produced so much gloom
as Might have been anticipated ; but the suspen-
sion above referred to seems to have occasioned
scrne sensation, owing to its extensive and im-
portant character. The effects of this general pertur-
ba'tiou will not be quickly dissipated, and during the
Lesa.M-aiuder of the year there are likely to be numerous
Tallies of a similar, although not perhaps of such
stupendous kind. A short time since a morni' g
co
latereporary stated, with the utmost gravity, that
the existing rates of discount in the American panic
Would not affect the position of houses that had
prudently conducted their business. The fallacy
of this argument is daily becoming more painfully
demonstrated. Such obstructions to the usual
course of business must materially lead, not only
to heavy losses, but irretrievable difficulties and
disasters.

Last week the imports of the precious metals
Amounted to about 45,0001., and the exports to
1,300,000/.

ANOTHER ADVANCE IN THE RATE

OF DISCOUNT.

Since the foregoing remarks were written the
tank has come to the determination of raising the
tato of discount to 10 per cent ! This movement
Was partly anticipated, although, perhaps, most
persons thought that it might be delayed until next
L Thursday. Under the circumstances, perhaps it is
ife best course the Bank could have pursued, for
lf it be in its power to give a final blow to the
efisis) the sooner it is done the better.
""
a proof that the public were in some degree
prepared, it may be remarked that the effect of the
Leasure upon the Fends has been very unim-
portant.
While, however, it may be said that the advance
as not created astonishment, the effect upon trade
'gust be disastrous. Indeed, nearly all branches
IQ be paralysed, and although Lord Palmerston
4114 Sir George C. Lewis may be very reluctant to
0 -°4sent to any new measure, it is clear that Govern-
keet interference is the next step that will be found
irPerative. Already trade is sufficiently depress-
:l' but this additional 1 per cent. must bring it
"post to a stand.
-he flatMarket for Public Securities opened with a
tiou in
ank Prices. When it was announced that the
had raised the rate to 10 per cent., however,
Blight decline
so ser. took place, but the market was
fro,, I°uslyaffected as might have been expected
te;" such an important measure. The American
ua had no effect, and the market although in an
nsettled state is not so fluctuating as might be
imagined. Consols for money have been 881
411(.1 for December 7th, 891 g. They are now 882
and 89 to 89k respectively. The New Three per
Cents. have been dealt in at 871 88 ;" the Reduced,
8,7,188 ; and Exchequer Bills 255. to 18s. discount.
Bank Stock 209 to 211.
Few transactions have taken place in the
Foreign Market. Turkish 6 per Cents. have
,"" 87i to 88, they are now 861 87. The 4 per
Cents. 96i. Spanish 3 per Cents. 401. Peruvian
Mexican 181, and Brazilian 99.
„The following are the nominal prices of Foreign
letoeke
—Grenada Deferred Bonds, 5 G ; Mexi-
can' 18,x, ; Peruvian 41 per Cents., 75 77 ; ditto
Per Cents., 51 53 ; Portuguese 3 per Cents., 42,k
431 ; Russian 5 per Cents., 104 106 ; ditto 4i per
Cents., 96 98 ; Spanish 3 per Cents., 40 41 ; ditto
New Deferred, 25.}
The Railway Share market has been sensibly
affected by the advance in the rate of discount
this morning, most of the leadieg lines being fully
to 1 per Cent. lower than ut the close of business
on Saturday. Lancashire and Yorkshire, North-
Western, Midland, Oxford, Worcester, and Wol-
verhampton, and South-Eastern declined 10s. ;
Eastern Counties, South-Western, and North-
Eastern (Berwick), 15s. ; and Great Western and
Caledonian about 1/. to 1/. ss. The Foreign and
Colonial lines are firmer. Paris and Lyons have
slightly improved. Northern of France have
advanced 1/. to 1/. 10s. ; Great Western of Canada
have risen ss. ; Grand Trunk of Canada, 10s. ;
and East Indian, 10s.,
Mining Shares are quiet. Alfred Consols realised
10 to 17 ; and United Mexican, 3i. Joint-Stock
Bank and Miscellaneous Shares are flat ; Bank of
Australasia have declined 1/. ; London Joint Stock,
Os. ; London and Westminster, ss. ; and Union of
Australia, ss. to 10s.
Miscellaneous Shares are quite neglected. Na-
tional Discount Company, and Australian Agri-
cultural are a shade lower.

URITISH FUNDS THIS DAY AT ONE O'CLOCK,
(From the Official List:)
Business done.
hArdt. Stock
!Per Cent. Reduced Annuities
?Per Cont. (Ammo's Annuities BB4
.New) per Cent, Annuities BBB 7i
muitift Bends, £lOOO
• • • 00000000
Col_ Ko under £lOOO 5O d
la for Account
Er ‘‘. 'n sr Hills, 24n.. 88
51000 ...< ..... .............
,buu .
S u.ll ......... ...... Fxcheryner 80nd.......... 80ndy,1858,3i per Oen'
96
Ditto. 1359 ............
.... '• •••
58
&ICES OF FOREIGN FUNDS AT ON
Brazilian 5 per Cent. E O'CLOCK.
99
Grenada New Active, 2.1- per Cent.
........
Ditto Deferred
Mexican 3 per Cent 18?;
Peruvian Bonds, 43. per Cent
Ditto Account 76
RD Bonds, 3 per Cent.
Z.,'''llol Ronde, 6 per cent B7 Ditto Account
Ditto Gur:antced, 4 per Cent.
96i
Ditto Account
Dividends on the above payable in London.
TWO O'CLOOL
$
Console, money
BSi 89i
Consols for account (December)

TROOPS FROST PLYMOUTIL—In consequence of the
Austria not being quite ready the re-embarkation of the
94th
da Regiment, 850 strong, 'has been deferred for two
ys. The 69,h Regimeht is to proceed overland to
India in three divisions, the first division leaving this
garrison on the 11th inst.' the second on the 18th inst.,
and the third on the 2d rim The several divisions will
embark on board steamship. The regiment, will pro-
ceed in chips to be supplied by the Australian Steam
Navigation Company to Alexandria, as hence they are to
Proceed overland to Suez, to be thence conyey,d by the
companies steamers to Point de Galle, from which place
they will be taken on by steamers sent for them from
lf\"tadras. Four officers and 128 men are hourly expected
44,,,1n Jersey to join the regiment.
'-'OIIONER'S INQUEST.—An inquest was held at the
..4..40,1 Arms, Bute-street, Old Brampton, on Thurs-
te.p
,re,b,Y
.the Deputy-coroner,. upon the body of Charles
ti,4ti,sl livery stable-keeper, Zetland Arms-yard, Bute-
-1;4% 4', who was accidentally kicked by his hcrse in
'illige'4,table yesterday (Friday) week, from which he
444 Id and died within 24 hours, leaving a widow
l'lght children totally unprovided for.

50
25
100
25
50
20

20
10
St.
St.
St.

18
20i
100
100

10
20
5
20