The Sun.
London, England, 1857-02-27 00:00:00

WRECK OF THE MADRID STEAMER,

SOUTHAMPTON, Feb. 26.—A telegraphic message from
London was received about mid-day at the offices of the
Peninsular and Oriental CAnpany in this town, announc-
ing that the company's steamer Madrid, with the out
ward Peninsular mails, struck on a rock on the 20th
inst. while entering the harbour of Vigo, but that all
an board were happily saved.
The Madrid is one of the oldest and smallest of the
Peninsular and Oriental Company's vessels. She was 480
tons, and 140 horse power. She left here on the 17th inst.,
under the command of Captain G. Bradshaw, and took
out, besides the trittil4, 18 -passengers, 16,8571. in specie
fur Cadiz, and a miscellaneous cargo. Toe Alhambra,
on her arrival here on Monday morning, reported, hav-
ing spoken the Madrid at 1.30 p.m. on the 20,h inst. off
Salbira 14a9c1, bound for Vigo, which must have been
but a short time before the unfortunate steamer met
with this disaster.

Nothing further is known here of the accident or the
condition of the ship.
Immediately on receipt of the message here the neces-
sary measures were taken by the company's superin
tendent at this port, Captain Engledue, to get assistance
ready for despatch by their steamer Tagus, Capt. Chris-
tian, which leaves to-morrow for Vigo, &c., with the
regular Peninsular mails of the 27th.

SOUTHAMPTON, FRIDAY, 10 A.M.—No further informa-
tion bas yet been received respecting the steamer Ma-
drid. Captain Tregar is under orders to go out in the
Tagus steamer, Captain Christian, which leaves here to-
day at noon with the Peninsular mails, in charge of a
number of seamen, shipwrights, boilermakers, &c., and
a quantity of gear, and every necessary apparatus, to
render any assistance to the unfortunate vessel that cir-
cumstances may require. SJrne days must elapse, it is
expected, before detailed particulArs of the accident can
be received.

THE NORTH OP EUROPE STEAM COMPANY,

Some of the principal proprietors in the Ngrth of
Europe Steam Company bad an interview with the chair-
man and directors yesterday afternoon, to ascertain if
there were any adverse circumstances to account for the
sudden fall in the shares which has recently taken place.
The result was calculated to re-establish perfect
confidence. Mr. Coleman, the accountant, attended,
and confirmed the fact that every dividend hitherto
pail has been clearly earned, and it was stated
that Although, owing to the ill-health of the
managing director, some of the traffic arrangements of
the past six months may have been injudicious, there is
nothing whatever to prevent them from being imme-
diately placed on a satisfactory footing, or to interfere
with the permanent prosperity of the undertaking. The
Board hold between 4,000 and 5,000 shares, and the ma-
naging director has increased his own from 40 to 300,
which he still retains. All the routes maintained are n .
munerative' and full details wi I be furnished at the
meeting in March, to enable each shareholder to form his
own judgment on that and every other point.

SACRED HARMONIC SOCIETY. —Mr. Simi Reeves
having recovered from his recent indisposition will sing
to-night in Mr. Costa's oratorio "Eli."
Russia, baying become jealous of the increasing in•
fluence of France in Montenegro, has established a
consulate at Scutari.

The Bank of France have returned to their usual
practice of discounting bills having 90 days to run. It
exclude all bills was in oc ob er lastof more
that t they 6
0 day
adopteds, and this
the resolution
was
sub.tx
eequently modified to 75 days.
The directors of Ambergate, Nottingham, and Boston
Railway recommend a dividend of 2s. Bd. per share, free
of income tax.
The proposed dividend of the Leeds, Bradford, and
Halifax Junction Railway will be at the rate of 6 per
cent, per annum.
The directors of the Edinburgh and Glasgow Railway
have declared a dividend of 2i per cent.
The prospectus has been issued of the London Una-
dulter.ited Food Company, with a capital of 100,0001.,
in 20/. shares. Dr. Letheby is to be the chief auelyst,
and the names of the various deali:rs authorind to sell
the coca pany'e goods tv,ll be advertised in the local papers
throughout the colntry.
The prospectus has been issued of the London Invest-
ment Company, with a capital of 100,0001., in 101.
shares, for the purpose of affording facilities analogous
to those of savings-banks, but of an extended character.
SOUTHWARK COUNTY COURT.—Thi3 court, which has
been closed for some weeks owing to the resignation of
the late judge, Mr. George Clive, M.P. for Hereford,
was re-opened yesterday for the transaction of bipiness.
Mr. Charles Shapland Whitmore, of the Oxford Circuit,
is the new judge.

NEW ARCTIC EXPEDITION.—In consequence of the
adverse decision of the Admiralty in the House of Com-
mons on Tuesday, a decision e 3 little anticipated atter a
suspense of many months, during which time the subject
was under consideration, Lady Franklin is under the
necessity of undertaking, on her own resources, the
completion of the starch for her husband's expedition.
The late period at which this decision is made known ;
renders it impossible to make the requisite preparations
for proceeding by the east. The western route by
Behring'e Straits will, therefore, be adopted.