Southern shield., 1855-08-25
ARRIVAL OF THE PACIFIC.
COTTON STEADY = BREADSTUFFS
 DECLINING-CONSOLS EASY.
General News Interesting but
 not very Important.

NEW YORK, Aug. 22.-The Cunard stea- mer Pacific arrived with Liverpool dates to the 1lth inst. The cotton market closed ac- tive and prices steady. Sales for the week 39.000 bales, of which spectators took 4,0O0 and exporters 5000 bales. Imports since departure of last steamer l8,000, and stock on hand 2,000. On Saturday the market was active, and 0,000 bales were sold. Quotations-Far Orleans I'd, midling do. 6(06Sd; Fair upland 6, middling do. 5d.
 Manchester trade generally unchanged.
 Flour market slightly lower, a decline of 9d. to ls.; wheat and corn declined 3d.; lard dull. Weather most favorable for harvest, which causes prices to incline downwards,
 LONDON MONEY MARKET-Money is more in demand and rates advancing. Bullion in Bank of England continues to decrease, not withstanding the large imports. Consols closed at 9lB,
 Madame Rachael came passenger on the Pacific.
 The political news, though interesting, presents no features of importance. The al- lies had bombarded Faganrom for several days. but success unknown.
 An English sloop of war went ashore, and was burned by the Russians. The allies have demolished the Notifications at Anapa.
 The seven million exchange bill passed the third reading in the House of Commons on Friday, the 10th inst.
 From the Crimea there is little but ru- mors, though private dispatches reiterate that the bombardment was resumed but this wants confirmation.
 Gen. Markham is mentioned to succeed to the command-in-chief The Queen has ten dered the post to the Duke of Cambridge, which he declined, though willing to act as second in command
 Omar Pasha is appointed as Commander in Chief of the Turks. No operations of mo- ment in Asia.
 Some great movement is about 10 be exe- cuted by the allied fleets in the sea of Azof and Black Sea, which still continue to ren- dezyous. In the Baltic ninety ships had as sembed at Nargen. A grand movement, a coup de main, is confidently expected, but opinion is divided as to whether it will be the destruction of Reyel, Or Sweaburg.
 The Paris correspondent of the London Times says Austria had just made spontaneous advances of more friendly relations towards the Western Powers. Letters to Lord Pal merston conveyed similar meaning.
 The same Paris correspondent makes full aHusion to what is termed the legitimist con- spiracy, and closely following the exposure of the conspiracy is the announcement that Spain definitely contributes ?, ,000 men to be paid by France and England, and that France agrees to uphold the throne of Isabella against all danger from whatever source.
 Gen. Pelissier telegraphs, August 7th, as follows: Nothing of interest to communicate. The enemy are not undertaking anything against our trenches-some cases of cholera have re-appeared.
 Gen. Simpson telegraphs-"We continue to strengthen and improve our advanced works, which are so close to the enemy's de- fences, that regret to say our casualties have necessarily been considerable. The enemy exhibit great activity in adding to and i'm proving their defences and conveyance of military stores from north to south."
 The Russians made night sortie on the Narrengoff road, but were repulsed without much loss.