The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-03-11

COTTON DULL-BREAD DSTUFFS DULL
GUARANTEE OF THE ATLANTIC TELE-
GRAPH CONPANY'S STOCK BY THE BRIT
ISH GOVERNMENT.
HALIFAX, March l0.-The steamer Arabia, with
Liverpool dates to the 26th ult., has arrived
The Cotton market at Liverpool was very dull
through the week ending the 25th and prices
were slightly reduced, but at the hour of the Ara
bias departure the decline had been fully re-
covered, and there was an increased activity in the
market.
BreadstufIs were dull but steady. Provisions
were unchanged.
Consols closed on Friday at 954@953z, and on
Saturday opened at an advance of A@L.
The English Government has agreed to guaran-
tee 5 per cent. on the 100000 capital of the At
lantic Telegraph Company, which will secure new
and superior cable the present season.
lsECOND DESPATCH
HALIFAX, March 10.-The papers received by the
Arabia contain several interesting items
The Atlantic Telegraph Company have had a
general meeting, the British Government having
offered guarantee of per cent on 5000 900 of its
stock, on certain conditions which did not trans
pire.
The British Government has also offered a sub
sidy OF $500 per voyage to the Galway line of
steamers.
Lord Lyons sailed for New York on the 22d ul-
timo.
The steamer Kangaroo arrived out on the 25th
Attention had been called in the House of Com
mons to the seizure by the Portuguese of British
ship on the coast of Mozambique and explanations
were asked from the Government. The ministers
replied that an explanation had been demansed
from Portugal.
Sir c. Napier mentioned the fact that a few
nights ago French war ship anchored of Spit
head, departing before morning and asked whether
the Admiralty were cognizant of the fact and
whether it was done for the purpose of taking
soundings?
Sir $. Parkington replied alIirmatively, but he
knew nothing of the purpose. There was nothing
unusual in the fact
Leave was given to bring in bill abolishng all
distinctions between the Parliamentary oaths of
Protestants and Roman Catholics.
In the House of Lords Lord Malmesbury said the
Government was led to beve that at no very dis
tant period the Austrian and French troops would
evacuate the Roman States at the request of the
Papal Government.
In the House ofCommons Lord Palmerston called
attention to the State of Europe, with a view of
asking whether the Government were in a position
to make any declaration that peace would probably
remain uninterrupted. D'lsraeli in reply expressed
ms convection that the great powers had no wish
to disturb the settlement of 1915, although there
were circumstances touching Italy calculated to
excite apprehensions. In the face of the warlike
preparations, Government had not been idle in the
interests of peace. He alluded to the prospect of
the evacuation of the Roman States by the French
andAustrian troops, and to Lord Crowley's concia-
tory mission to Vienna, and closed by appealing to
the House to postpone discussion of the matter and
trust to the efforts of the Government to preserve
the peace of Europe.
Mr.. Parkngton then brought forward the Navy
estimates, on which general debate ensued, du-
ring which Sir Charles Napier asserted that France
had command of the British Channel and the Med
iterranean, but this Sir S. Parkiugton denied.
"he number of men asked for was promptly
voted.
Cunard.
LArER.-The Times of Friday evening notes an
inactivity in the funds. The tendency toward
renewed weakness from political causes was being
tha nf o,,l
OF its increase
From France the rumors are still warke, but
Lord Cowley's mission to Austria has inspired in
creased hopes of peace.
The Paris correspondent of the London Herald
says that war is so far resolved that the corps
to commence the campaign has been designated
and orders have been given to the Minister of War
to prepare the plan of operations. 1t is also said
that the representatives of the foreign Courts in
Paris have abandoned all hope of a pacific solution
III Is reported that orders to prepare for the cam
paign in Italy were given by the Emperor imme-
dlately after his return from Compigne.
Another circular has been issued by the Minister
OF the Interior to the Projects of the Departments
the purport of which is to express the confident
hope that notwithstanding the Emperor's desire to
maintain peace, should he be forced to war; he nav
count on the patriotism and devotion of the French
people.
A War-ofice circular directs that the troops be
trained to forced marches and night bivouac. All
the military surgeons have been ordered to ioin
been sent to Lyons. All the regiments of the I'M
perial Guard are to be supplied with r6ed cannon,
constructed on a new plan.
Genoa letter says that France has taken up
seven transports to be held in readiness in that port
The Times Vienna correspondent says that the
Emperor of Austria is preparing for a vigorous de-
fence of the Italian States and that the Austrian
army in Italy is to be placed on the war footing.
From Sardinia there is report that Napoleon is
about to visit the King.
Three new forts are to be constructed at Venice.
Advices from Turkey say that more troops have
gone to the Danube, and that the Government was
arming six frigates, and preparing numerous trans
ports, their destination, in of war; to be the
ports of the Adriatic.
1t is said that Russia is negotiating for loan of
f5,000,000 with the Rothschds.
COMMERCIAL INTELLIGENCE.
LIVERPOOL, February 26-Cotton.-All qualities have
slightly declined in consequence of the advices from the
United States and the continuation of warlike
upiands have declined d., and New Orleans and Mobile
Aed' Market closing dull but steady Sales Of Friday