The New York herald., 1862-11-09

The stock market irregular yesterday, It's main
feature being dulness. At tho close II was weak Gold
closed at 131X, exchange at 148 Money was per
oent. The Edinburg took out $3.50 500 10 Europe.
Cotton was firm Saturday at $40. 62kc. for mid
ding but the sales did exceed $50 bales The trans
actions breadstus embraced sales 900 bbs. -four
advance Of Co. l5c 100000 bushels wheat at an
advance Of 1c. &C.. and lis 900 bushels at de-
cline Of lc Pork dull, and mess down to $12 62k
at the oose Beef was quiet Lard heavy at 9Ac.
10Xs. Bacon and cut meats active and very
firm, as likewise FISH, cofec, choory, hides and
leather The sales Of sugar confined TO 500 hhds,
Of moasses and tobacco small lots at unaltered
rates. There fair degree Of activity In hay, oils
and wool, which sti1ly held. whskey was steady
and moderately active There not much done in the
freight line; rates wore quoted about the same.
The News by the Scotia-EngIand Not
Quite Ready Yot for Intervention.
The news by the Scotia from England is very
interesting. She brings also two very import
ant passengers vis-a-uis-Lord Lyons, the British
Minister to Washington, and. Hon. Simon Came
ron, Minister Of the United States from st. Pc
tersburg.
From the return OF Lord Lyons to Washing
ton, it is inferred that her Majesty's govern
ment "is not inclined to depart from the policy
it has hitherto pursued in reference to the con-
test between the North and the South" but
that Lord Lyons, nevertheless, may represent
to our government "the views Of the British
Ministry as to certain contingencies" (Which
are very uncertain), and may ''indicate the
changes Of policy which may be forced on
them by the advent Of certain events" or, in
| other words, of very uncertain events.
II was the opinion Of that profound
| skipper. Jack Bunsby, that if the good ship
| Only Son had not gone down. she was probably
still afoat; and this is about the substance Of
these latest oracles from the British Ministry on
American affairs. England will remain neutral
unless certain contingencies may change her
course. She thinks " the Union as il was can
never be restored, but that the North must sue
ceed eventually in obtaining possession Of all
the Southern maritime cities and strategical
points, and will eventually overwhe!m the large
| Southern armies in the field, unless prevented
| by financial cataclysm or by internal dis
| cords" We think this will DC satisfactory 20
! President Lincoln; for by the time the
British Ministry get out Of this niuddle or mixed
opinions they will be enlightened as 20 their
true policy by the advances Of our fleets and
armies and the sinking cause Of the rebellion.
The Newcastle Southern oonfcderacy speech
Of Mr.. Gladstone meantime, he's subjected him
to some trouble and to explanations which
leave him in the position Of al over jealous Off
cial called 10 account Cor exceeding his instruc-
| tions. Later speeches, also by other distin-
| guished characters had completely ncutralized
! the Newcastle blunder Of Gladstone. For
example: Mr.. Monckton Mines, III. r., at great
| conservative dinner al Rochester, declared
| against Che recognition Of JEFF. Davis, because
| lit could not bring forward any cotton, but
! might embroil England ia war with the
North" This Is coming directly 10 the point,
and upon this infalliblc argument we may de-
pend upon England's neutrality. Louis Napo-
| leon would like 10 Interfere, but che ~as an
| willing to do 80 without EnglEnd;" and wi,e
she II not disposed TO lose her Northern bread
| in foolish intervention experiment for Sovth-
| ern cotton, the French Emperor must be con-
te6t to sriise himself with the Pope and With
Mexico.
| The Evangelical Alliance Of London, taling
| the emancipation bull OF President Lincoln by
the horns, has hit upon the scheme which, ii
adopted by JEFF Davis and his coDiederstes,
will surely bring this war 10 an end The AMI
auce proposes 10 Davis q Co. 'to compete with
President Lincoln's emancipation scheme. TO
take the wind out of his sails, and
TO do, as gradual measure Of peace.
what he has proposed as measure Of war;
This is a shrewd idea; but If anything can OK.
tort smile Of derision from Davis and his
fellows, il is this English suggestion that, in
order to save their Southern confederaoy, they
proceed 70 abolish the institution Of Southern
slavery. The Evangelical Alliance of London
should instantly apply to James NJ. Mason, the
special ambassador from JEFF. Davis to England.
for copy Of the Confederate States Con-
! stitution."
We attach no importance 10 the stock market
sensation in London arising from the despatch
| OF several vessels Of war to look after Admiral
Wilkes at Bermuda We have no apprehcn-
sions Of collision with England upon any
contingencies" or "evcnts'' that arc iikely to
happen. We have no fears that Lord Lyons
returns to Washington charged with any warn
| ings Of Intervention. We do not believe that
any coalition for an offensive mediation Is
possible between England, France and R,lssis;
but we suspect that our Minister, Mr.. Cameron,
returns from st. Petersburg with assurances
from the Gear Of his continued sympathy Tor
the cause Of the Union which Will satisfy
President Lincoln OF The continuance or,
European neutrality. Il