CD' Ji JJldlLdJ O TOL. V.JSTo.124 OPPIILA-DILFIII, THURSDAY, MAY 24, 18CG. DOUBLE SHEETTHREE CENTS. EUROPE. The Great Money Panic In England andionllncnt. . Details of tlio ITailurcs uul Heavy Loshcn. Mr. Gladstone's Speeches on the Bank Charter Act Suspension. Why Napoleon "Detests" the Treaties of 1815. S3to.a X2to. IS to.. t2te. X3t Our European files by the Cuba reached this city this morning. The papers are dated to the 12th of May, and contain very important details of the rise and progress of the financial disasters In England, already reported by telerrraph, with report showing to what extent the panic pre' Tailed on the Continent. Fall are of Overend, Garner & Co. from the London Timet (City Article), May 11. The panic has at length culminated in the most important ana serious stoppage ever an nounced in the city of London. Overend, Gur ney & Co. (limited) were this afternoon com pelled to close their doors. Their liabilities amount to about 10,000,000, of which 6.000,000 in to ui')usiujrs wuo uoia diiis as security, and 3,600,000 is to uncovered depositors. The pid up capital is 1,000,000, the nominal capital being 6,000,000 in shares of 60 each, on which 16 has been paid, and the closing price this evening of the shares, which six inontus ago were at nearly ten premium, was 8 discount. As the Bum of ot 600,000 was paid to the old firm for the goodwill on the constitution last August ot the limited company, that sum must now in any case be regarded by the shareholders as irretrievably lost, but it may be hoped that the assets in band will go lar-to prevent a total exhaustion ot the remaining 1,000,000 of paid up capital, since, as recently as the past week or two, the managers firmly believed that at the meeting about to be held they would be able to Bhow profits sufficient to cover all losses, includ ing that from the fraud? of I'iuto, Perez A Co., and to admit ot the declaration of a dividend. The breakdown has been the result of a run of speculative sales of the shares. The general public reaardi'd the company with favor, and although il was well known that the old firm! whose property not many years back was reck oned by .millions, had greatly dissipated their resources by a series of imprudent advances, it was believed that those of the partners who re mained to manage the concern would henceforth conduct the business with an especial amount of cauiion, owing to their lull consciousness of the mistakes by which they had suffered in the past. That they have faithfully endeavored to do so is still the general opinion, but every cir cumstance has been against them. The frequent recuirence of disasters affecting the assets of the old firm constantly atrected the reputation oi the new one; the notorious failure ot Overend, Wat-on & Co., the railway contractors, operated iniuriousty from the similarity of name; the heay fraud of Piuto, Perez & Co.. the general break-up of the finauce companies, and the hourly expectation of a Euiopean war, were all calculated to try them to the utmost. But there is no reason to doubt thev would still have worked through had it not been for the persistent sales ot their shares on speculation. Ab soon as these operations had brought the quotations to a discount the depositors began to tbke alarm, until at length the drain this morn ing became too sharp to be resisted. Applica tion was made to the Bank of England, but the Governors lelt it would be vain in a crisis like the present to help one establishment unless they were prepared to help all that might be compelled to come upon them. There was no lime to take any other step, such as making a tall on the shareholders, or seeking assistance tither from creditors or kindred establishments; nun, moreover, me peuaing ainicuity bad be come surticiently known to render any pallia tive useless. Accordingly suspension was re solved upon. The question now i, what in to be done ? The stoppage ot Overend, Gurney & Co. will be tho signal lor the suspension of every other large concern that has lately been known to bo under pressure, and of every banking and finance com pany whose position has been assailed bv rumor, or whose shares may be selected for attack In the Stock Exchange. Bills of parties whose engage ments are enormous, and whoe fortune are be lieved to be ample, have already this afternoon been returned, and unles prompt steps are taken the close of the week will oe marked by disasters such as have never been equalled in our commercial history. The sole evil now to be dealt with is panic. It is the instantaneous transition from state of wild expansion of credit to a total stoppage ot credit that has brought us to the present pas. The introduc tion of credit in a new, safe, and legitimate way can alone suppiv the remedy. To-morrow morn ing, without the slightest avoidable delay, the leading institutions and Aims who see the jeo pardy of the moment should lorm a deputation to the Chancellor ot the Rxchequer, with a request that be should authorize the Bank of England to issue interest-bearing post notes, in the shape ot ordinary bank post bills, either at the custo mary teven day or thirty days or for any other period that might be considered better, to any extent they may deem necessary and prudent upon unquestionable security, if this or some analogous request be acceded to there will be reason to expect an immediate subsidence ot all unnecessary danger. If, oa the other hand, nothing is done, and people are left to trample each other down, the Government will find before long that the commercial and revenue leturns ot 18G6 will be of a character very dif ferent Irom those which have enabled tbein in etch succeeding budecet tor so many years past to congratulate themselves and the nation on the easiness ot their task and the unbroken course of our material prosperity. . A "BlMk Day" oa 'Chan. from the London Time City Article), May 12. The Bank of England this morning raised their rate oi discount from eight per cent, to nine per tent., and their charge for special advances to ten per cent, The pressure even at these terms has been enormous, and it was only on unexcep tionable bills that accommodation could be obtained. . , Meanwhile additional and most serious disas ters have been hourly announced. The first was that of a comparatively small bank, the English Joint Stock, lor eight hundred thousand pounds. Then came that of Messrs. Peto fc Belts for four million pounds. Then that of Mr. W. Shrlmpton, the railway contractor, for two hundred thousand pounds: and finally, it was understood that the Imperial Mercantile Credit Association, whose paid-up apltni is .live hundred thousand pounds, ana tLe Consolidated Discount Company, with a I aid-up tupiUdoftwo Juiadredandfiltj thousand pounds, must, with extremely heavy commit ments, pas into liquidation. Annex ed is the circular issued announcing the temporary suspension of Messrs. Pcto k Betts- Ko. 9 Great Gkorgb Street, Westmihstkr, May 11, 1808 VTe mnea regret to find ourselves under the painful necessity ot allowing our accept ances to be returned, owing whol.y to the disap pointment oi the arrangements we had made (or their provision, wh'ch have been defeated bv the unexpected torn which has taken piac In the money market witbin the taut lew davs. vve have con sidered it to be tho most expedient course tn the interest of all parties, that lor the pte'unt we should make no further payments, and await the sub sidence of the financial panic now prevailing; tiut we are enabled to state that, bavin submitted a statement or our n flairs to Mr. J. E. Coleman so lately as the 23d or lat month, we then possessed a clear ba'ancs or upwards ot 1,000 000, estimating or various properties at their then dopreciated value Our position now is but slightly changod, and we have, therefore, only to solioit forbearance on the part or those who hold our engagements, and we trust in a very short time to submit, through Messrs. Coleman, Turquand as Co., a satistactorr proposal tor the adjustment and discharge of all our liabilities. We remain, your very obodlont servants, Fxto k Bbtts. The drafts ot the Consol'J.ated Discount Com pany were thl afternoon returned unpaid. This concern was established la January, 1861, to take over the discount business ot Messrs. San deman & Co. The nominal capital is 1,000,000, in shares oi 50, with 12 10s. paid, and the pre sent price is nine to seven discount. The directors of Overend, Gurnev A Co., limited, have to-day, in the interests of all par ties, presented a petition to the Master of the Kolls for a winding-up order, and Mr. Turquand (ot Coleman, Turquand A Co.) and Mr. Harding (of Harding, Whinney & Co.) have been ap pointed provisional liquidators. The joint-stock banks have to-day raised their rate of allowance for deposits from five per cent, to six per cent. In foreign securities there has been a partial recovery. The quotations upon Holland and Hamburg were higher. The sum of one hundred and thirty-seven thousand pounds in gold was taken to the bank to-day. Some considerable withdrawals ot coin were made for the provinces. It is already known that soveral failures among the dealers will be announced in con nection with the approaching half-monthly settlement on the Stock Exchange. Rumors were circulated in the course of toe day, of a severe run on the bank ot Menrs. Burnetts. Hoares, Hansburys & Co.s, but they were entirely without foun.lution. There was a run upon two or three other banks, and, being well met. Soon subsided. Both in London and the country ample preparations stem to have been very generally made for such contin gencies. Tb Bank (barter. STATEMENT OF THE CHANCELLOR OF THE EX- CHEQUER TO PARLIAMENT. In the House of Commons on tne 11th nf Man Mr. Di&racli said : I take tnis otinortunii v oi in. quiring of the Chancellor ot tne JSxcneauer. nucmci mere f uuy iru'uu in me prevalent rumor that her Maiestvs Government have authorized any relaxation of the nrovlKiona nf the bank charter regulating the issue of notes ? IBI CHAHOkLLOB OV Thi F.rniii.'inprn ti, first place, in reply to the aueatiou or thn niit honorable gentleman opposite. 1 baa- to ria that theie is no truth in the statement that her Majesty's Government have authorized any step to be taken at variance with the provisions of the aot of 1811 In point of fact, thoy have not arrived at any decision upon the subject of the state ot thinea wnmn nr. vails in tho city in immediate connection with the cuaniiious event annouuoed yesterday. Until two hours or two hours and a hall or formal leport had reached me Irom tue city upon the subject ot the exist ng state ot tomes ; but tor tne am. inu uuura buu a nan my lime nas Deen occu pied iu receiving information and etatuments. and, 1 may add, an important requisition Irom v.r influ ential persons connected with the city. I have seen many of the most influential and respected mem bers 01 tho oodv Of the London hankerx nn iha ... ject, acd 1 have aot yet had time to see, but I expeot "c ivuji v uxr cugaguuiouta iu mis house win alio me to leave my place, a deputation from tne members of the joint-stock banks in London to the same effect. The purport of the statements made by them is that they conceive the sta-e ot pamo and distress which prevails in the cit In h w,n,,,t parallel In the reooliection of the oldest men oi busi ness in toe city ot Aiondon They mutest and desire that in some lorm or otner relief should be attorded But I am not jet cognizant of the actual state of atlaus iu the city, as it is exhibited from time to time by the accounts of the Itank of Eugiand, it being vory well known that the reserve of the Bat.k ot England constitutes the principal part ot the disposable monev of the couutry, aud mat it constitutes the stock which is immediately acted upon bv any extraordinary demaud for monev. Before I take any steps in the matter I should ish to know the prec so course of eveuts which havo taken place at the bank during the day: but In re erring to the course oi events at the bank no not let it do sunnoxod that I nt. ,,. allusion as if it were possible to raise any question with reierenee to the position of tue bank ltsolt. 1 merely soeak of the events that have occurred there ouriug the day as likely to guide us iu the course we may adopt, because ihe Bank of Eutrlaud is in tealiiy the muror ot the monetary state of the coun try, and by Its meant we obtain from day to day the most definite account nf the coudition of ihe money market. Ihe representations that have bocn made to me aro or a ireueral and indud nite character, while, at the same time, tney are representations whioh, on account ot the Quarters irom whioh thnv nrnnmtd entitled to the greatest weirht and importance, aud well deserve the immediate consideration of tho Government. Possibly, in as short a time as that during which I have been occupied this afternoon, we Bliall have acquired very valuable information oa the question, by wi.ich we shad be guided in the course we may adopt. At the present moment I can only say that the oondition ot things iu the city has our nost catefal ana anxious consideration, and that we shall feel it to be our duty to bring the mat ter as tar as in us lies to a wise aud prompt issue. The honorable gentleman bemnd me asked me whether we should consent to suspend the bank act in the evont of the directors of the Bank ot nglau4 making a proposition to that cflect. On that ques tion I should wwh to make two remarks: la tue first place, having stated our anxiety to proceed promptly in mis matter, I bad rather not answer the question; and secondly, that the question pro ceeds upon the hypothesis that the bank directors will make a proposition, which I do not believe is likely evor to reach her Majesty's Uovernment irom that quarter. Suspension of the Charter. At a later hour in the evening, during the sitting ot ihe House, the Chancellor oi the Exohequer said: 1 staled in the commencement of the evening that repiesentations bad been made to me trom quarters ot the greatest influence and credit with respect to the extraordinary state ot the market and the dis tress prevailing in the eity to-day. I stated tnat thoso representations bad come to me from gentle men representing in particular the private banks of London, and I expected that 1 should short. y have received similar representations trom those con nected with the Join'-stock banks. ' Those representations I have received accord irigly.and they ere pressed even more urgently than t annotated I stated also at tbe time w.ea 1 bad the honor of addiessmg the House that the effect or tbe day's proceedings through the Bauk of England had not been fully given to us. Hmoe then we have beoome acquainted with them. 'and we find that the bank, through a desire to extend relief, has raised its loans and disoonuta to day to a sum of something more than 1090 000. The efleot of that large accomroodauon was to reduce the r?B?JTrS!vJL1,,e bank to um not of' fr ,,,ort oi xo 000,000 of money. Under these eiroumitauoos, as far as the facts are knowu-aud there being no reason to believe that any great change has oe eurred In tbe state of things, the estimate is sum. ciently accurate lor all practical purposes we find the bank reserves reduced in a single day from a sum tirooblaiar 8 000,000 to a little exceeding 3 000, 000. The bovernment have telt that this is a sta'e or tbings which, combined with the public reeling, culls lor inierven ton on their part. We bare taken the opportunity during the evening ot considering the state ot the faots, and the result baa been that we have addaesaed a letter to the governor aad deputy governor el the bank, substantially the same as was ftUOifssedw tiuw) Mb. mows in iw aa4 Iii7. fbat is to sav, if the bank, proceeding nron its nsnsl prudent rnita ot admin strauon, shall And occasion to it eke men advance from the itie department as hall rxeeed tbe limits allowed by law, we reoom Bended that they should not hesitate to make that issue, and we undertook to make imnediate applica- utii iu x arnanieni ior ltt sanction, 1 here are other points or detail, but that fa tho substance of the letter which shall be in tbe hands of tbe governor and deputy-governor of the bank to-morrow, and which 1 earnestly hope may have the e fleet of allaying the feeling of uneasiness which prevails in the country, especially as It does not arise Irom any gen oral unsoundness in the condition oi our commercial n iatioiis. lut only from causes ot a f ecu liar and speoific character. In that res ect we are able to draw a favorable distinction between the present crisis anil othors in former times; out there Is also another distinction, and that is the ex traordinary rapidity With which the crisis has oomn npon ns, and which bas prevented the adoption ef measures wnicn otnerwise would nave Deen tsken lor its rellof. We bare not, however, hesitated to mci, 10 aaaiess onrse ve to tne sunjeot with all the means in our power, and we trust that tbe nro ctodlngs will meet with the approbation ot Parlia ment. The Effect en tho Conntry. LIVERPOOL. From the London Timet. Man 12. At Liverpool the alarm which had existed' on 'Change lor some davs reached a climax yester duj on the continued announcement ol Overend, Gurney & Co.'s susocnsioa. It a mors of ditlicul. tiee in local mercantile circles and the advance ot the rnie oi disc junt added to the excitement. The eflcct on the cotton market was not so severo as might have been anticipated; but in tbe thare market business was periectly para lyze;!, and one or two tcmnorarv eusD'nsionq were announced. Tue suggestion in the city article oi the 2rna that a deputation of leading uiiiiBBuuuiu wan upon tne cnanceiiorot the Exchequer, with a request for relief, led to the hope that such a course mitrht be adopted, and when the news arrived of the suspension of the Bank act it was received with cheers. Tho im mediate effect ot this intelligence was to restore confidence, and at the close of business a much more cheerlul tone prevailed. During the day five or six of the London banks were positively reported to have shut their doors, and this occa sioned a slight run on one or two of the local ebtublishmenis, which was, however, promptly " i HANCUESTIR. Frcm the Manchester Guardian, May 12. Since Tuesday business has been conducted on a very limited scale. Some transactions occurred on Wednesday on the part ot manufac turers, who nro very bare of yarn and obliged to buy something to keep their looms going. To day, however, business has been completely suspended, sellers not even attempting to nn i buyers, until late in the day, when a tew pur chases have been made, a somewhat better reel ing having arisen on the announcement which bas, however, since been shown to have been at least premature of the Bunk of England being allowed to issue an extra 5,000,000 ot notes, and double tbat amount if necessary. Great anxiety, however, prevails. The present ante of things is not to be wondered at 'considering the intensity of the monetary crisis in the metropolis. The announcement of the failure ol a concern like Overend, Gurney & Oo., although- it scarcely enjoyed the reputation which it once possessed, tell like a thunderclap on the community, and is siifiicient for a time to paralyze commerce and drv up the very sources of credit. Norwich, May 11. The intelligence of the suspension ot Overend, Gurney A Co. was re ceived in this citv last evening. This afternoon the Mayor (Mr. W. P. Nichols) convened alineet ing of the citizens at the Guildhall, for the pur pose of expressing entu-e confidence in the Nor wich house. Derby, May 11. The announcement received this morning that Overend, Gurney A Co.'s Dis count Company had suspended payment caused a great sensation, as tbero are a great number ol holders ot their stock in Derby. The panic was increased when, at i) o'clock, instead of the Derby branch of the Eneliso Joint Stock Bank Company (limited) opening its premises as usual, the loilowing notice was posted on the door: "This bank has stopped payment tor the present." As there are a erreat number oi share holders in Derby, the excitement throughout the day has been very .great. Brighton, May 11. Evening This morninsr the utmost surprise was caused by the announce ment affixed to the door of the branch of the English Joint Stock Bank, "This bank has temporarily suspended payment." When the intelligence got noised abroad considerable ex citement ensued. The branch has only been established about eighteen months, and the business is, therelore, comparatively small. Tuere are, however, we believe, about one hun dred and thirty accounts, and there are some tolerably large deposits. If the estate and secu rities do not realize well, much inconveulence aud fullering are likely to accrue to this locality, the customers generally being of a class who can ill spare any losses. - Tbft Crisis ou the Continent, Frim the London ''imet May 12 At the close of last week the French three per cents stood at 044, as compared with 67i at the corresponding date of 1805; the French Credit Mobilier at 665f., as compared with 770t. at the corresponding date of 1866; the Spanish Credit Mobilier at 292Jf., as compared with 482f. at the corresponding date ol 1865; the Austrian five per cents at tilf , as compared with 76 at tne corresponding oato ot ibU6; tho Prussiau four-and-a-halt per cents at 95, as compared with 102 at the corresponding date of 1805; the Italian five per cents, 1861, at (now below 40). as compared with 66 at the cones ponding date of 18C5; the South Austrian, Lombardo-Venetian, and Central Italy Kail way at S27t., as compared with 6:i8jt. at the cor responding date of 1805; and the Roman Bail way at 62f., as compared with 260t., at the cor responding date of 1805. It will be seen that Italy has gone the most to the wall, In the Times ot April 21 attention was oalled to the lailure of the Roman Railway Company to pay ine coupon wnicn oecame due on iu ojdtnary shares April 1, i860, although a subvention was due from the Italian Government. This was the beginning ot the terrible financial crisis through which Italy has siuee passed. The Treaties of 1815. WHY NAPOLEON "DETESTS" THE DEEDS. Parit Moy 11) Ctrrenpondenct of London Timet, I mentioned yesterday that the words reported in the Atoniteur as addressed by the Emperor to the Mbyor of Auxerre on Sunday, aud which produced such a panic, had not, it was said, been spoken on that occasion, but were delibe rately written down on his return, and sent by him to that iournal, with orders lor tlreir imme diate Insertion. What confirms this fact is the silence of the local paper, the Constitution d' Auxerre, which, In its account of the proceed ings of Sunday, has nothing of these words. In its report ot the tete Ik simply says: Theoortegeadvanoed up the avenue of the railway station between a double row of firemen three deep, and which reached to toe bridge. When it arrived ai (he triumphal arch it stopped. Then the Mayor, followed by the Municipal Council, advahoed, carry ing the keys of the town on a red velvet cushion, which he preseuted to the Emperor, addremlug to him at tbe same time some words of welcome, lo hich tbe sovereign replied in a few words " It cannot be said, then, that the allusion to the treaties ot 1815, and the reproach which the legislative body understands to be meant for Itself, were thrown off in a moment of excite ment They wore an afterthought, put to paper In the quiet ol his study aud after mature reflec tion. Tbe Importance of the incident is not les sened by this fact. La Franct states that the copies of the speech delivered by the Emperor at Auxerre have been placarded in all the town of the empire. , TBI FEELING IN DIPLOMATIC AND. LEGISLATIVE CIRCLBR. TV fit (May 8) c rretftndtnne of Indrp"ndance Beige. Several of the representatives of the great poweis,' including Lord Cowley and M. de Bud berg, waited upou M. Drouyn deLhuys to re quest Torn him some explanations ot the speech at Auxerre. Tbe Minister of Foreign Atlairs cave some explanations which appear to have been accepted as satisfactory. The M.nister assured the Ambassadors that tho speech re ferred to was but a reply to an opposition speech in the legislative Chamber; a reitera tion tn rather stronger terms of ideas whieh had beeii on other occasions put lorward by the Emperor; a pure theoretical discussion which could have no meaning of a character to dicturbthe good understanding between France and other powers. It does not appear that the lorcism diplomatists pressed the matter further, and they telegraphed to their respective Gov ernments the nature of the reply they had received from M. Pronyn de I.hnys. The same correspondent relates that, on Mon day, great agitation occurred in the Chamber of the Corps Legi-lntit, where were gathered nearly one bundle J and fifty members, instead of, as is usually the case when there is no public sitting, only some twen'v. M. Th.ers, in c inversution, jocularly remarked that although M. Koaher had not ihoutht it nececsary to reply to him, the Emperor had not disdained to do so. The correspondent also states that the retirement of M. Foold i again spoken of. Actual war would be better than the present state of thiucs, wnich has all the inconvenience of war, and none ol the advantages of peace. The Auxerre speech caused an immediate stoppage of all industrial movements in many commercial towns, and especially at Nantes. Engineers engaeed in tho construction ot rail ways asked whether the works should go on, and yesterday at a sitting of the Commission of the Universal Exhibition, presided over by Mar shal Vaillant, the Minister having inquired of M. Emile Periere what he thought of the Auxerre speech, the tatter replied that it had already cost France two million of francs, with out reckoning what it might cost hereafter. BILLIARDS. 9Iatch for the American Championship, The icnth match tor the championship was played last evening, at Cooper Instuuto, beiweon John Dtery, of Aow York, holder ot the champion cu, and Joseph Dion, ol Montreal. Tho former has b en champion sii.c September 7, 19G6, when he won bis tit'e by a victory over Louis Fox, at Koobes'cr, alter a dose contest, lie has since maintained it by doieating John MoDovitt in a game which was neither close nor particularly creditable to eiti er player. Bciore either of those encounters Deery, although a young man, was a veteran player, and had figured in more matches than we can in. memLer. in the tournament he was tbe only player uv ueiuuieu jvbvuubb, jut ue is not generally cupiiusuu iu uo mo stronger player of the two. in ine preposteious.y long games which have been prescribed lor the championship matches Deery bau an advantage over most players, a line physical organization enab.ing him to eudnre tho latlgue which a game ot 1600 poinls lasting four or five hours, occasions For protracted exortion or this kind, a man needs to be a good gvmuastas wcu bb uiiiinrg p ayer, ana we Le leve tho billiard fraternity agree tbat ihe length or the championship games ousht to be abridged. It is all very woll to have contests ot physical eudutanco, but they should " u uuiuuiudu wuu iue uencaie tests that deter mine superiority in a game reauirin no munh hw. t"rity. command ot the nerves, and mental uppllca- uuu, as uiiiiuius. ui isiou's cauaoity to uudergo this bodily strain, In tie or nothing was known until last night. Ills reputation wai very high, but was uubcu uu wuai ue uaa aone in jiontreal, or on what from that city he had sisrnilled his w.n denake. He had I) laved but One iT.mn in tinhllA mntt in that respect was nnuer a disadvantage compared nuuro uiitur appearances mirnt oe up postti to have given him coutkkuoe lor neriorniiuir beiore a crowded assembly. Du.n's average in his previous game was ,22j of itseli enough to prove iviiunuuHiuiniusiii. me American game, however, was not cons dered his rnru h. never become demoralized enough to praetioe the push shot that unhappy element in the American game which reduces it below the level nf an Aval. science and almost destioysits imaginative cbarao iur vy .eauiuga pinyer to reiv on the groat ruus to be gained Irom nur.ung, rather than on the succes sion of brilliant caioms by which a genius lile carme, pupil of the French school, prove bis um-iery over me inmost secrets of the gainu. Yet. as t armo in bis two matches with Kavaueju, had shown niinelt able to piay so to sposk-aboat if) pi r ten i. more uuuaras man anv American practi tinner, it was evident that be nnennri nmv tn come his irrepressible repugnance to the American game to conquer at it, and it was mpposod the same might be true of Dion. ine opinion proved correct. Dion won his game with comparative ease, aud urnvod himsoii . points and in every branch of the game suueiior ta his opponent. r . Tlie cooper Institute was filled. Ihe game bogan v o o ciuuk. r e omit a aetaiied aco uut of it. till 1 S mtan nf 4la t4 h- A ' E . ict-auoc ui iuo uui uour ai wnicn it was finished, and partly because tbe extreme disorder wui -ii irevaiieu preveuiea such an exhibition ot billiards as the public wbo are invited to pa a dol lar to see it, bad a right to expeot. Dion took tho lead at the ouiset, turned the lirnt and seoond hun dred ahead, lost his had on the third, rega nod it on no uuu, anu incie sea i largely, At er this point the game was in Dion's bandit ami n,.n.. u.,.,.1.1 have bad no chance to pass him but tor the outsldd miwiurauBi, mo uisgruceiui row which ohanx d the result of tbe second of the Carme-Kiyanngn fames was repeated last night, only with loss efleot Deery's friends muBkred in strong loroe, and united to break down the nerve of 1 nnnm.. shouts aud cries aud interruption of every sort It is greatly to tne credit ot Dion chat be a'lowed him self to bo so little a Boo ted bv it. but thn was sufficient to enable Deer? to recover a lead after he was over "00 points behind. Tne unm f n time being 907 tor Dion to 6U0 for Deery, the latter pulled vraoaally up until the figures were, Dion 11107; Deery, 1110. A pang ot rowdioson the nht ol the platlorui u ay take lo themaelves the credit ol this part oi the penormauee. We do not bene ye Deery Lad any hand in it or rejoiced In it. The rolioe after long delay, were summoned to stop the disorder, but only succeed in making matters wore. It is ihe first occasion on whinn wa .i. police inefficient aud timid. 1 be Serpeant in charge, alter threatimlnir .i,. the disturbeis allowed himself to be persjaded or tlireatei ed out of it. Alter a long interval iom oegree of older was restored and the game went on Ihe po 1 loo having musts red in strong loroe. tue toughs kept comparatively quiet, and lion went on his way to victory with only au occasional hoot from tbe ruffianly mob that bad expected to intimidate him. We beard the purpose opeuly avowed by ttiese men, and tbe leader ot them opemy doolared it au outrage to allow a damned Canadian to take the cue away from Hew York. Ket spite ot the best effort ot the mob. the Canadian took it, aud he doseive great crrdit ior the courage and nrvo, a well as for le on8Urnmate skill, which earned him his triumph. We judge him the superior of any Amerioan player at ihe poor peculiarities of the American game, and in its finer branches he can find a riva only in J4 tarme, with whom he wll play to night. Dion won finally by 18 points, tbe score standing at tbe end 1 Dion. l&OO; Urnrv. utw t. occuidod live hours in pla.lng. and was only at intervals marked Dy muoh bhlhanov oa ei'hcr side SOKMtRY. Match for $1000 and the champion stifp, between Joseph Dion, ot Montreal, and John l)eery, of Key York; 1600 points, caroms 2Uinoh palls, on a l'helan tk Collender tahlo. Time tive hours. Score Dion, 1600; Deery, 146s. Xtw York Mr. Sothern ("Lord Dundreary") hss "ce ved irom some members of ihe London Stock Exchange the gitt ot a silver drlnking-cuo ot huge proportions, inscribed as follows: '-e! A. Botbern, Esq.; from a tew members of the London Stock Exchange. For spirits and hot water. Presented to one who has administered the latter to the former 1868." i 1 avel,e aloDg the sea shore of New Zea land haveto wear veils to protect their faces and eyes from a tine metallic sand which rises with every puff of wind. This sand proves, upon analysis, to be the purest ore of iron known. Bigaora Carozzi Zucchl is a happy wife. Hsr name by marriage in PerriuL VV3 THIRD EDITION THE NATIONAL CAPITAL "ay Special Iespatchet to Tht Evening Telegraph. W.shinoton, May 24. More Presidential lenaetiy. Special Treasury Agent Dexter, of Mobile, who was under sentence of a military commission and fined $2.r)0,000, has been discharged by the President. Tin Ore from California. Specimens ot tin ore trom California were exhibited at the General Land Office, recently, ot extraordinary richness and purity. This ore is lound about eighty miles south of the quick silver mines of Cnliiornla, and is 72 percent, pure metal. Thank to Kllpatrlck and Rodger. The resolutions of thanks voted to General Kilpatrick, the United States Minister to Chili and Commodore Rodgers, of the United States navy, for their aotion in regard to the bombard ment ot Valparaiso, were transmitted to those distinguished officers to-day, through the proper departments. Mow Executive Sfanalou. It Is In contemplation to build a new and costly executive mansion on the high grounds east of the Capitol, and turn the White House into a fire proof building tor the State Depart ment. It was for that purpose leave was asked 'o day to bring in a joint resolution directing the proper committees to make a reconnoissance 1 tor a site. To Hardware Men. The American hardware manufacturers should immediately forward to this city tho inlorma tion necessary to tbe framing ot tho Tariff bill, to make it sufficiently protective of their interests. Strange to say, the tacts and figures thus far piincipally furnished have come from the hands ol a mau who is an American, iadeed, but turns out to be an agent of the Birmingham and Shet fcld manufacturers. Our hardware makers should hurry up. Suicide. New Tori, May 24. -Thomas W. Birdsall, President of the Security Fire Insurance Com pany, committed suicide yesterday. It is said that ihe deceased was considerably involved by private speculations. He leaves a widow and several children. ' Bilhaid Match. New York, May 24. The billiard match last evening, between Joseph Dion, of Montreal, and John Deery, 1600 points up, was won by Dion, by 134 points. Arrival of the Steamer "fulton." New York, May 24, The steamer Fulion, from Havre, arrived last night. Her alvices have been anticipated. . E X I C O . City of Mexico, May 10. Hie Intelligence ot the coiiU'inpluteo. withdrawal ot the French trrops jroiu aiexico ouusea intense exoirement in kins cupital. 1 he faces of French merchants aud Gov ernment stipendiaries were visibly elongated; while Liberals rushed wildly through the streets, shaking bunds with eveiy American, embracing eaoh oi her in tue most ailectionato manner, and in a bundled ways evincing their joy at the prospect oi being rid of their loreign rulers. But little business was iransactea in tins city on Tuesday. ' The news from tbe United States occupied every oodys lime. It bas caused great stringency in the inuney market. Nobody seems to know what course to pursue. Business men immediately prepared to cuitail expenses, improvomi nts oeased. and bankers loiueed to lend a dollar to tbe best houses. Ueueral uisirusi pervaded all classes, and will until lurther aevoiopmeuis are made At present tho probabni tits ai e in lavor ot the aboication ot thu Emperor perha.is before the time for the ultimate withdrawal ot the French troops expires. In the mcauwhi.e contingencies may arise that mar render it desirab e for the security of the country longer period ; but this couln onlv be with tho and assistance of the United Statos, tor his supporters moil hid iue .-iiejLicaus are very lew; and alt lough uu uu proveu uunseii a very ninaaud just mouaro'i si line Das wholly lailod to attach the Mexican peojue to mm; inaeeu, ne is persoua ly moro popu a. iubii pur uuut curupwuu ru er wouia juo eeu; but ihe Mexican hoart revolts at anv exiept a U xi cauiulor. Such an impetus has the news given libera sentiments here, that, rhould a few regiment ol French aud Austnans be sant irom the Clonal to the defence ol some other point, k wou d be compa ratively easy for the leaders to create a revolution, w hich might run the streets with tbe blood ot thou sands, but would be sucoeslul ia driving the Emoe- ror irtnn uie country, it is altonishing. the sudden elevation of liberal fee itig, and consequent depres sion ot ihe Imperialists, ana it caa scaroely- be roa- iiicu Rurvnu. a, D WHAT Og AUSTBIANS NXAB ORIZABA. a oeiaonment oi Austrian was sent out trom uiiuiiii i iw oat I aso tor 'ruhnniin Tn 1,..,.U - olorado they were attacked by a large body of i;i,urald n .. .1 I. ... 1 1 V. i 1 ... . J i,uv, w u.'ii, wuiuytju. loo particulars have not been received. Iroons have bean iaiiI Irnm i ueui vu me scene ot ine uisrhipi tint nniinn hu- yet been beard of theexoeaitinn Orizaba, on account of lis climate, has been so li cted as the point lor tbe general hospital ror trjops in tbe valley ot Mex oo. Mechanics and laborers in larse numbers have been gathered Irom various iiuiuu, auu tue worss uuon tn nomiita nni i,n.ra and barracks, is being pushed forward witn great rupioity One of the men engaged in the attack upon the diliconce at Rio Frio, two months since, when the ecrefary oi the Prussian Legation was kiilnri n been arrested, and confessed his truilt. Ha lm uve ve accomplices A number ot arrests bad pre viously been made, but the parties had all been dis charged upon examination. FINANCE AND COMMERCE Office of the Evenino Telegraph, Thursilay, May 24, lMOG. ( The Stock Market was rather more active this morning, but prices continue unsettled. In Government bonds there is very little dolmr. 6-20s sold nl 100i. a decline of 4; 107 wat bid for 6s ofl881; 101 for 7-30s; and 94J for 10-40s. City loans are dull at the decline. The new issue sold at 95. Railroad shares are the most acttve on the list. Pennsylvania sold at 54j, a slight de cline; Mmehlll at 66J, a slight advance; North Pennsylvania at 88, no change; Northern Cen tral at 44, no change; about 2500 shares of Beading at 63 09-10J54i, an advance of ; and Catawissa preferred at 2727L no change; 128 was bid for Camden and Am boy; 36 ror Lit tle Schuylkill; 614 for Lehigh Valley; 27 lor Elmlra common; 43 for preleired do.; and 301 for Philadelphia and Erie. In City Passenger Railroad shares there Is no change to notice. Thirteenth and Fifteenth sold at 22, and Ilestouville at 20. U was bid for Second and Third; 6Ci for'Tenfo an 1 Ele venth; 37 for Spruce and Pine; 66 forChcsnnl and Walnut; 70 for West Philadelphia; and 26 for Gtrard College. Bank shares continuo in demand at full prices. Seventh National sold at 03i. 140 was bid for First National; 216 for North America; 139 for Philadelphia; 122 for Farmers' and Mechanics'; 63 for Commercial; 20J for Mechanics'; 95 for Kensington; 61 for Pcnn Township; 621 for City ; and 68 for Union. In Canal shares there is more doing. About 2200 shares of Schuylkill Navigation preferred sold at 33(t.33.J, the latter rate an advance of A and a small lot ol Lebich Navigation at 62i'. 2f was bid for SthuylKill Navigation common 117J for Morris Canal prcierred; 15 for Susque hanna Canal; 63 tor Delaware DlvUion; and 65 ior Wyoming Valley Canal. Oil shares continue, dull, with tho exception ot Ocean, which sold largely at 6J6J, a slight decline. - Gold continues in good demand at the ad vance. About $100,omi sold this morning at from 137j(4l39J, closing at the lormenate. The New York Herald this morning says: "bold opened at 138?, and by hah-past one had advanced to L, alter winch it reacted steadily to 13(JJ iho quo atloo at 6 1. M. Loans were made at from 6 per cent, to l-32d per diem in lavor oi the borrower early in the day, but tbe la.est transac tions were without interest. Ihe export oi specie was again large, tbe amount taken by tue Trifa irom this por being $8 234,10a, and by tne China irom Boston Sl,937,0O0, tuu whole aggregating 16 171,406. - Fereign exchange waa inactivo, and bankers' bills on n and at sixty days were quoted at 100?cal09j. No bills appear to have been returned protested by tho recent s eamors. - ' f lie next news irom Europe is not looked for ward to with much interest, as it l generally felt tbat, however unfavorable it may bo, it can exert no further Influence here save upon gold and exchange, while there is every probabi.itv that in the event of war, which seems imminent on tne continent, tbe securities ot tbe viovernments Involved in the con flict will deprociate in about the same rate tbat United Statos securities will rise in popular estima tion. Distrust of the finances ot A ustna, Prussia, Italy, and even Franco will ind ice sales of their securities, and investors will naturally seek to em ploy their capital in those countries removed from the influences oi the war." The New York Tribune this morning say's: "Gold was excited yesterday, selling as htgti as 138J, and closing at 1864. The Government sales have been eunpeudod for tho presents "Money has been iu active domand among stock and gold operators, and 7 percent and a commis sion has beeu fieolv paid. The payments on account or sales of gold by the Government are not made with comfort by the banks. The supply of national currency is small among i hem; and Bufore the go d is settled tor they will be obutred to use compound interest notes at par aud interest, a. id Clearing House certificates. Official notice has been giveu ot the rcadinoss of the Treasury to pay off a targe proportion ot the ono yearceitiflca es, and to stop Interest upon them after May 81 This will ease the money market alter a short time, but tor some days borrowers who suoply tin mne.vo'' at legai rates vid bo fortunate. The Fnglisb panto and tne impending Continental war can no ' fall i send to New York a large amount ot securities." - . The New York 2imeathls morning says: "The final settlements with tbe Treasury for gold will be mado to-day. 1 hey will be less important in amount, and being the last, will involve less trouble to tho banks, whose certified check will eome Into the possession nf the treasury. It is probaole tbat by Saturday we shall be ablo to quo o money eom paiatively e-sv among the brokers at the advanced rates of 67 V cent., and it is also likely that the money which must come out oi the t reaurv in all next week, or by tbe 81st ot Hay, for the Certificates notified to be paid off, will contribute to rearoie the rate of the street, an the ru e, to 6 per cnt. to day, however, the stock peoplo ao ed as though cheap money was not to return to the niarkot tor a long season, and tbe bearish sales, as well as the sales pressed tor cash and tor the want ot cash, were very considerable on tho raiiwa list, and fairly active on the Government securities Tbe latter were Ion er than t esterdav on fbe 7 30 Dcr rent nnr. rency notos, and partially s on tbe gold-bearing stocks. On the other hand, Gold itsult lias further advanced from 138 to 139 per cent , subsequently receding to 187r percent. This was partly the re suit of tbe failure ol several parties short ot gold at lower figures, and for whose account peremptoiy purchases were made in the Gold room " PHILADELPHIA STOCK EXCHAiNUE SALB3 TO-DAY Reported by De Haven k bio,, Ho, 40 S. Third street. FIK8T JKOiED t5O0O U S 5-20 62.. 100J 100 sh Ocean slO 6 i fctjuou ao tout 800 sh do. do. 6 800Citv6s. new. 95 200 sh 100 sh 800 sh 6j 1U0 eh bchlNvpt.. 88 83 831 831 881 do . do., do.. 800 sh 200 sh 600 sh 200 sh fiOOsh 100 sh do.. do, oo, 800 sh 100 sh ...1.30 do. .b80 do 881 100 sh lioaning. 68 do 83 do 83 li0 sb do. ...slO 68-09 do. ...slO ti8-0. do... .18O 63'81 do 64 do slO 64 do....sl0.. 64 do s80 641 do s30 64 00 s30 64 dt 80 641 do. ...s30.. 641 do. 61 i do Ml 100 sh 600 sh 100 sh 2'iOsh 100 sh 100 sh 100 sh 100 h 200 sh 100 sh 180 sh 200 sh 200 sb do 83i 60 sh Lehigh Nay... 62 13 sh Morris CI 77 16fhl'cnnaK Mi a it is, i Mi 54' -hill f.6 8sh do 11 sh do 4 sh Mineh 20-bM Feana 88 10 sh 7th Nat Bank. 931 fiOsb N Central.... 44 100 sh Cata pt....s80 21 lrOsh do sflO 27 100 sh Hest...,.,o80 20 100 sh do b30 10 100 sh do......i80 80 JPOshN Y tfcM'dC... 6 200 sh do 6 10 sh 18th & 16th.... 22 Messrs. Dellaven & Brother, No. 40 South Third street,, make the folio wing quotations of the rate9 of exchange to-day at IP. AI. : American Gold f. Tisi' American Silver, s and is 130 132' vuuipuuuu interest noien: ' " June, 1P64.... Ill uiy, 100. ... il io s 66i 41 4 August, 1804.... 10J uciouer, isi. Deo., 1804. May. 1806. Anoriiat. ISrtK Bept., 18H6. ... 4 October, 1866.... 8J Philadelphia Trade Report. TncnsDAT, May 24 The Breadstufis Market con tinues remarkably quiet, notwithstanding tbe fluc tuations in gold and exchange. The receipts and stocks of Flour are extremely light, and ho ders are firm In their views. Sales of 1000 banels for the supply of the home consumers, at prices ranging J 8 to 8 60 ior suoerhne ; 8 769 76 for extras : f 1011 60 tor Uiorlhwestern extra family, of whion description the bulk ot the ales consisted; llu? 12-26 lor Pennsylvania and Ohio; aud l3.a'16 00 ior lancy brands, aroording to qua.ity. Rye Fiour is steady at HO-25 V barrel. .Nothing doing in Corn aieal. There ts no pereeptib e change to notice in the Win at Market. The offerings continue small, and the demano is moderate 1 small rales wtre uiadn at 2 40S2-66 lor lair and ehoco red; 2000 bishels Spring sold on private te-rns ltv mand. with small nalos at 1 logl 12 for Peunsyl vauia. t orn is in active request, hu' there 1 not much here- sales ot 2500 husiii va.inw in h. - at 86e., an advance o- 2o 1 buahnl. ' ni...t good demand at 7070 lor f entuyivania and Deia- tJPflS 1"r lnlu,I7 T Qaeroitron Bar, bn there is little or none here. Ve quote No 1 at ana t ton. ' Mo sales of Clover-end or rimnih.i,...i Ppr'ed. Flaxseed is .ol ing at S2 Mm -00. f Vt biSky IS Scarce Knnnsv.rmiia !.n. . 1 T..A at S2 24 S2 26; and Ohio st 2'27. Markets by Telegraph. , ' Niw York Ua 9i r,..., . .. tendenevi tales, ai u.i . u..un.- ift-,110. Kit.... . vr. . "" '"" " o iril Ol 10 UOU DOISJ Mat. $7 70;tt 9 l0; Western, o&144 Ohio. 7 7t!9 60. ioitS k.- k b.ey,d'nod f.o 28 000 bushels sold ; New No. 1 Milwaukee sold at 2 I2c3 16. Corn active at 2o. higher 1 ea'e of 76 000 bushels. Beef iTr.-L" i ., ,lcmu' 87. Lsx4 quiet., If 4MB UUU
Significant historical Pennsylvania newspapers