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''''''''.‘'SATlTRDAYi IMPEND= 14f 1867. 1:
'OlO4 - Fitier ri.on-A Correction; Con
vention •--of the 'Methodist.'Church, Sabbath
Reading,, Religious. Intelligence, the Ldst
Arts, The Capture of 'Delhi, General ,NeWs,
The Meads,: Weekly Review of the Ma
' - - il6lolllllaikets. 'Ott mairovnut non—The
Puipit=aketch of a sermon by Robert Peel.,
LATESVEVAOPEAN ' AND INDIAN NEWS.
TLe intelligorice'reeeivecl'bir iho Lfrabiti is
six days later from EurOO,'"itiid a fortnight
im
portam.,; -i" f' , , „ ".:
The .Srabiit,Shieh took out the news of the
New York
-banks having suspended specie
,payments„ his :brought back tidipgs ,of the
&net, of that:news upon the monetary in
, terests- of England, •in particular, and of
Europe in general. The improsion;• on the
London money riarket, Was one of relief—
the worst was ki . lown,* 'funds bad
eVeiz, 'risen; by the list advices—partly owing,
no doubt, to the' ehenting news • frinn.:lndia.
It was considered in, Englind;that, long ere
this, the entire , note issues of the State
of New To*, were again performing •the
functions of currency; -that business would
.adapt itself 'to this phase. The 'Lon
don' • Timer says; "When the New York
note
as
' ' have been' legal
ized' as a•tender no one will want gold, ex
-cept for the purpose
,of exportation or lioardl,
big, and any remittances from, this side would
therefere inevitably -result in loss," and that,,,
"supposing all the arrangements for legalizing
the existing suspension to be dilly carried out,
the flow of - billion will, in the coarse', of a
month or trio; find again - its * natural channel,
' nud, instehd
,Passing' ikons Loinifonlo New' ,
I,ork, 4111 came froin NeW -York to London."
The, Tim es Slather , believes that • the banks
between now and the bth ,of April will have
not the slightest difficulty- in recotering what
' eter_ stock of bullion may be 'requisite or
them' safely to , return to - cash' payments.
Under theseCireinnitannes there ivOl'be, good
hope' - majority' of those npnoing , the
firms lately broken by • tone and
. hundreds
Who haVe•previnusli 'conducted thefiv business
on _honest principles will be able to resents,
and that the ultimate prospects of troditois on
this side will prove far less gloomy Than has
been recently - apprehended. This be a,
'point to test the honor of the Amadei::i tiler
eantile: c•onnntinity.'' The 'Times wag rather
slpw—for the New - York banks, even a week
ago,:hrid "ever eixteen *Mons of Zpecie lit their ,
• safes. • •
;Many commercial failures and susponeons
in England , ' and • Scotland were reported;
chiefly in connection with the Amtile,i trade.
'he Liverpool Borough Bank Wia.in
diilicul
ties, and would luke to be wound up. In the
leading commercial; . cities of Europe large
houses were in dillicult r ies. •
The ileath of General atvsioNso, who played
such .an, important 'part; at Paris, after tlklet:
Revolution of. February, 1848, is reported..
In a 'following article we relate the) leading'
eiie..uts of his public lip 3. •
Delhrhaa and it may be said that
thereby. the neck of the rebellion Is broken.
The'llciiag.Of Delhi bad escaped, ,The storm
ing, of, that stronghold, " the Sacred City" of
the, Ilindoos, occupied six days, and, after
bard fighting and severe loss, the British forces,
tinder General Wusos,-resumed pte'isessiOn of
Valhi. The 'British' force was about 5,006,
against some 85,000 of the mutineers. The
British ffirce was 'very *Milt hi , artillery,
which was . the strong arm of' the enemy.
As many •as two hundred, pieces ,of ord
nance were captured', by - the British on two
days of the siege. At the latest date Luck-,
now still held' out, and would immediately .
be - relieved -by Ouriwt and HA'VELDOIC: Two
of the Bengal' native regiments had _mu
tinied, in a very cliff_ manner, pffering no
violence
. to 'their officers. In parts of, the
Bei - Obey presidency mutiny had been exhibited,
but was put down.- At Madras all was quiet.
It 'be: -noticed that Delhi was captured
triad the aid Of the fresh foidestrom
GENERAL . CAVAIGNAG,
On the 29thOctiaber;while engageditiinipe
,shooting in 'OM ' ca
%Vitriolic; Suddettly'die4' i 'of the
hearf his: thiYr-tlFtli ye#,'hafirti bliMilstorn
Paria',.aif the 15th 'Oecember;lBo2. was
to 'he' buried ha the' cemetery of Montmartre.
This naan'e cluitaCter and career demamd
at least a passing notice from the jortrnalsi of
the day. r: The second son of au old Cony im
tionist, Euanon OA.VAIGNAC won a 'commiss lon
the - French army by his 'success arid' g4od
condtk at' ilia Polytechnic' school of'Pat is.
He saw some service, and in 1886,, when ',pie
Broke out, avowed his sympalby
with themoyement; refused to obey a commaind
to fire on the people in the event of an outbfeikt,
was marked, down asudangerous; and sent ;to
'Africa by the Government of Louis Pnx!i:
!PPE: 'lf the post of danger - Was' there; so vi as
the post of honor also. Ho rapidly advanco,
despitd of his ultra, 'politics; and :all thion i gh
the Algerine'wEU" distinguished himself greatly,
exhibiting many qualifications for con:unwed,
besides impetuous valor. When General:LA.-
.
I(OII.ICLEEN, iu.1847, quitted the chief command . ,
of the province of Oran, CAVAIONAC succee. led
him, and ono of the first decrees of, the .V 're
viitional Government of 1848 raised him to the
station of General Governor of Algeria.
!. Elected a delegate to the National As sons
- bly,-by two Departments;'C.avotrao keturated
to Prince; Wildrehe arrived just after the, dis
turbances of May 15; nets' 'appointed Minister
of War 'on the 17th; Mad, five flays lately en
trusted with' ch hit command of Ulu whole mill
tag"ifOrce in Perla. : The outbreak of a,lutte,
1818,iiiye him, opportunity for action., °A
vila:rata commanding the troops against the
insurgent pooplopwhe, entrenched, 'as it bits
been said; behind a' net-work of barriesdes,
fought with wonderful Pertinacity.
' 'At lat, td 'Twice() Paris' . fromelyil 'tva4 the
National Aiseieb declared that eilty to be'
in it st4e of iilege,:and vetted the di,otatombip
q.iiiiox4p,,edtli obsolete civil as were as
,Toilits t ry authority ; After several days , hard
fighting, in which over 8,000 lives) wore lost,
if t ),( t viiTolT ) to put, dm ; the Insurrecti
most xlangeroes, perhaps, that Paris yaid , ever
eitnessed-'—and then resign ed his hfigh• pow,
He was confessidly too able to b o left un
employed, and the 'National .Asse4 ably .
pointed him President of the Cow neil with
power or naming . 4s d owo Ninist,ry.
„position be retained until the electiom for Pre
sident of the Republic. Pat fairward as a
, caudidate , ,on the Republican ino9rest; he re
. .ceived, 1,448,302 yotins.'c'Tho - otlitcatidiciatOs
;ranges -thus , ';` NAEilararineß
9NA.4ATE;
.0a1,520 Ro44rti, 371,431;
RAsviaL, LAmelii*,lV;9l4 ; Gene-_
inn, 4,087 suiid,b7 votes, 12,434.
Aftr tliie, General, Ce.y.ticavio :retired into
private life, but was so formidable, from his
personal Impularity• and ability,. that he was.
one of the persons • arrestor(, by Louis Thoio.
Lton, , at'the'cottp , d'etat of December. 1851.
I.lis detention:was '.brief, 'but be neither ac
ceded to',tite centinuatiom of the Presidential
.the .establishment' of the Empire.
_fie o , *: no part in :politics. Recently, how_
_ever, ,at the , last, election in France, he
was nominated to a , :seat in 'the Legislature,
and , elected. It' was unknown what
course he would pursue--- - whother to take the,
oaths to the' Empire M.' deellndia them. Had he
' 'survived 'a"few weeks longer, this issue would:
Babeli ; een determined. Lat terly:it -was said,
Wetriow not 'On *qua:, grounds, that CA
, r i z a l ue had. acquired, a blins towards.
macybelieving • that a limited 'monarchy,
with the Count do Paris At. its head, was''a ne
cessity to France. Ckvi,,mime-Vam 'frank,
- 'etirnesti and dignified In painter. As a'milita
' 'rYinati;ll IS ' ability Waif tyndouldedoind
etperlence at Algiers and Paris showed
that ho po4essedgci,e4,,administrettive powers.
I)7' It affords, ra,i) tonsure to, announco :that
Alanagora 9g, tho. State:Poultry Society of
Pennsylvania have peented Jayne's . building t
of phestnuti,below Beventhg for the purpose, of
holding an exhibition dining Thank:seizing'
These prOvedlliden,
atirantive and thono
,reatter l s?frina' feel
i '"'int6fe - ate:d
h opculture portunity, thug
soul'eTn me:* opportunity, thue
1- o, x , sjOtto -TMVeolleption about icy
be offered , tbrkiattilioinspootion, , , va 1 (:"
tbatikr;:hpritittioit:;apervgE,
wrZE4I4 )01.6 city, lestaday,
by
.^f ri f ifiltagM* 6l ollo .))41101IRON ,s
BY MIDNIGHT MAIL.
FROM WASIIINGITON.
Norreepondenee of The Pres. ]
Popular Course of the ttyress "—Constitution of
Kansas to be submitted for tile Ratification
of the People of that losiitoryf—Ectaity and
Justice powerful and decisive in the t tnatter
of the 'frauds in Oxford and *Ghilierre.
eincts—Walker, the Fillib s steri - and Ad.
ministration—PhiladelPhle: OV , Pat Office.
VT/ism:faun, Nov. 13, 18-57.
The prompt and decided aurae - pursued by the
PRESS, and the universality of public sentiment
throfighout the North, the Northwest, and mien in
the South and Southwest, on the recent action in
Kansas concerning the infamous frauds in Oxford
and'AieGhee precinct's, have had a powerful and
directing fume with politicians "high in the syna.
Rogue." The overwhelming indignation of an
honest phOple-,, , —en indignation s suggestive of s
healthy condition of our republican government—
has shrunken into microscopical insignificance the
technicalities of legislative provisions. The fraud
is glaring, brazen in its. infamy ; and old "Judge
,Johnsen, of Pennsylvania, teaches the rule which
must implicitly govern in this ease when ho spoke,
mote of his pithy decisions, his celebrated axiom,
that " natural equity Abhors sharp pointed law."
Southern' gentlemen of eminence, who at first
were vieleht in denunciation of Governor Walker
and Secretary Stanton, now avow their unwar
ranted warmth, and boldly and ably stand byllniSe
note-worthy officials, and will do so to the end.
This is a cheerful condition of polities. But I do
not imogine that there will be a unanimity of
'opinion in favor of Governor Walker—there is
not such unanimity, by reason of the constitution of
the human mind on any question, great or small.
Trtdi it is, however, that arrayed' upon the side
of that equity which corrects that' wherein the
law by its universality is deficient, are thO Presi
dent and his Cabinet. Mr, Buchanan in his Inau
viral, and in whateverhe has said or written on
the subjegt, bee with a steady resolve given the
citizens of Kansas and their' fellow-oitizons of the
Union to know that his policy was that of hon
esty, and that in the affairs of that Territory the
wilt of the majority, in - the spirit of our free insti
tutions, ought 'to and must rule. Without
this principle; we are at sea without compass
or rudder; with it, the Government sails smoothly
on, as in the ancient days when lVoehington and
dnottion were at the helm. Pair and considerate
men eannot doubt that it lathe desire of the people
of Kansas to have a free-State organization', and if
this will is expressed by their suffrages at the elec
tion polls, in God's name let their voice he heeded
and obeyed. • .
It is certain that Mr. Buchanan favors the sub
mission of the Constitution, to be framed by the
Coritrention' now in amen in Kansas, to the people
of that Territory, and from the information whiela
have received, front prominent men of that Conven
' tion and Others intimitely coneerned,l am of opinion
that there will be subnlitted to - the people of Kan
am, for, their ratification ) , two Constitutions; one
like, the - other in all its provisions, excepting those
which, instead of favoring slavery as it does, favors
the formation of a free-State Government. The
Portland. (Maine) Advertiser, find other Republi
can journals, are deceived when they receive
as truthful information that the Convention
have come to the resolution, by hook or by crook,
rightfully or wrongfully, to preient, when they
elk of Congress admission into the Union, a slavery
Constitution No such 'thing is contemplated by
Wien the,vielent partisans of Southern institu Gone.
Southern gentlemen, to their honor, be it said, 'an
willing to abide the fair execution of the jaw of
the majority, notwithstanding the reports that may
be abroad against them.
It is the subject of general remark, that Colonel
Duncan, of the. United States flying artillery, has
„joined Walker 'in his present invasion of Nica
ragua. Colonel Dunean has not even resigned his
Conamission,in the United States army. This, to
rt-thin with his connection 'with a filibuster move.
mete, presents a delicate questioh to the Adminis
tra tins. ' Ample provision , has been made against
the .violatfOn of our neutrality laws by Mr. Bu
chanan, and I have not the least hesitation in
,sayirq;;" that the whsle power of the Government
will be exerted, ii need. be, in - vindication of our
professiions and engagements. Walker will bo
loreventied at everyhazard from carrying from our
limits adidlers to fight in behalf of the nefarious
promOings of his own sickly ambition, and.to the
,disquiet our sister and friendly Republica., Who
Dan forger his murder in cold-blood of the poor
fishermen ashen he landed at Rivas, and his heart
less order foe the burning of Grenada?
The *Atte of a removal of the post office to the
Pennsylvania- Bank building has not been al toge.
ther settled. The order of the Postmaster General
has been issued, it is true; but it must be remem
bered that Mr Buchanan does not look for the ad
justment of the pending difficulty to any other
than the members of Congress, who are to meet in
a few weeks, and who elan deeido it definitively in
- a •few, hours. To them will be -submitted for
determination, ;whether' the citizens - of Phila
delphia shall go te , the - dooks for tbaiilettora, and
into the-beartafthanity , to pay Veir imposts upon
importqlorty 4 '"';`" N. N.
rimmul AMUSEMENTS.
Air„ Aiehinge' , benefit, will come off, at the
Academy of Mute, title • evening, when Mr.
Mathews will perform for the last time hero.
Madame Lola Montez will this evening, repeat,
at Musical leoture "On Beautiful
Women,' •
, Madame Fromlint's second and final concert
was given last night. Mr. Vienztemps, the vio
linist, was again unable to appear, in consequence
of ' continued illness.' The performances went
ill, very smoothly—i-Mr. Thalberg, in partiou
-1.3r, being greatly applauded, and subjected to
the', "encore" infliction : Madame Patti Etta
kosclrl.sang her English songs very charm
ingly, and also distinguished herself in the
duets ‘vith Madame Freszolini. cavatina by
the lattet",,from " Linda di Ohamounix," unhappily
showed thee defects of her voice. Its middle ro
'ester is very title, but her lower notes want fuhaess
and depth of tone, and her upper notes aro more
harsh and sh rill than was pleasant. In the duets,
where she cold net SO much strain for effect, her
singing was pleasant enough.. In conclusion, we
must say, that Madame Freziolini has not favora
bly impressed herr auditors here. The most sump
tuous attire and .the meet brilliant diamonds will
not compensate for deficiency as a vocalist.
THE LATEST NEWS
BY TELEGRAPH.
The ~c ity of Washington" off Cape RIICB-
Ndn•Receypt of the' News.
TREPASAY, NEAR CAFE:Haan, N. F., Nov. 13-
10 o'olook P. M.—.A. steamer, supposed to ho the
" City of :Washington," with Liverpool dates to
the 4th initant, Mei been signalled off Cape Race.
Hor news is expected to rcuch•here by the yacht
of the Assooiated Press before midnight.
fAftevreaesiving the above telegram, and making
every preparation for the'rdeeption of the import
ant news to be. expected, we learn thnt the tale
graph line oast of Saakville, Maine, was closed
without the usual notification, and the transmis
sion of our deepatehee to-night has thus boon pre
vented ]
FROM WASIIINGTON.
Reported 'Destruction of Seventy:el:Ott Army
Wagons by the Mormons, etc.
WAMINGTON, Nov. 13.—SeeretarY Casa to-day
received a latter from Jtulge Echols, the Chief
Justice of Utah, on his way to the Territory, and
beyond Fort Jmransio, stating that the express
had arrived, bringing intelligenoe of an attack on
the qucrtewriaster's train of the expedition, by the
Mormons, in 'which seventy-eight army wagons
and their contents were destroyed. The Govern
,mout officers here do not folly credit the report.
Euiphatio instree Gong have been gent Routh
with the viinv, if yes/able of Intercepting General
Walker' ana Ida party.
Tho treasurer's statement shows the amount in
the ditTeront depositaries is $11,8118,000, of which
U,T58,014 are subject to draft. The receipts for
the. week ceding the 9th instant amounted to
nearly $580,000, .
The ealltornin Steamer—One Milner' In
Specie.
NrW'Yonw. November l3,—A. * privato despatch
to the Pacific Mail Steamship Company, from Now
Orleans, anaounees that the United States Mail
eie.auiship at. Louis, from Aspinwall, with two
weeks' later news from California, left Havana
Tor New Ycirk on the 10th inst., with $1,200,000
in speak,.
The Now York Hotel Scandal
Nnw 011LIMI13, Noy. 13.--Mrs. 'Woodman, who
has been rendered conspicuous recently by Wa
al:its, has been sued for a Moro° by her husband.
Tile inhßourt Lel;Mature.
Sr. /MAO, Nuy. 1$ —A bill to sustain the credit
of the State was before the Legislature yesterday.
The bill preibles for a mill-tax. Also, for the
collection of the, two per cent. fund, claimed by
the State, from the United States.
f Alississippl Polities
JACKSON, Miss., Nor. 13:—lion. A. G. Broien
baS been nominated by the Democrats for United
States Senator. 4
Explosion Sit Onpont'i Powder 311110.
WILVINQ TON, Nov. l3.—Tire upper rolling mills,
Whinging to Alio Messrs. Dupont, exploded this
'morning. TWO,moh: both named Shanfion, were
buined; licit fatally:
Sinking of s Stettoler in the Missouri River
?Om°lee, Nov. 11 , --The steamer (pooket) Rein
dear; bound "evOm St. Lotiislo Alton, DI , struck a
snag nt the mouth of; the, Missouri river, last night
and:WaS • slink in nine , feeeof Water. The vessel
.ifetriet , inured. ' • • • •
Nfo ". a rt?nlHavoa. „. • •
011ARLE6TON, NOY. Ik t ltic, ~o,torimpr -Isabel,
11:9N .}l!ivap!i , and ; Key ;yest,, on,the
. 100 inst., ar.
,rivAdler4,tlfigi ,aftemoop. , iK9r ailvioee oro ;
nnta
teteatinq,
The Effect of the' Arabia's News Ott the New
Orleans Cotton Market.
New ORLEANS, Nov. 13.—A thousand bales of
Cotton were sold today, but the operations were
chiefly daring the forenoon. The news furnished
by the Arabia was nrao than expipted, and fac
tors refuse to give way to any mittelial extent.
The weekly Satement of the market shows the
following:
Salts of tho'week......4 30,100
Receipts do Is' 39 000
Steck in port 148,000
Receipts at this port loss than last
159,000
year
Receipts at all Southern ports less
286,000
than last year
51,000,000 in Specie by the Arabia
NEW YORK, Nov. I.3.—Tlie Arabia brings one
million dollars in spooio. Among her passongors
is Sir Qore Ouseley, the ;newly appointed British
Minister to Central Amnion.
The Ohio Elver
PITTSBUINIU, Nov. I.3.—The river marks twelve
feet eight lashes, and falling. The weather is
wet.
Markets
Menthe, Nov. 12.—The Cotton market is Been.
ning. The sales to-day were 300 bales, and the
receipts for the week have been 9,000 bales.•
BALnitoae, Nov. 13.—}'lour—Sales of Howard
Street and Ohio at 0.25 ; City at $5 cash. Wheat--
Bed sl.loasl.lB ; White, $1.20a51.40. Old Corn,
73a740 ; new,•ssaoBc. Whiskey, 22023 c,
New ORLEANS, Nov. 13.—Sugar closes buoyant
at 51a51e. Molasses quotes at 220. Moss Pork dull.
Lard in kegs 13a.
CHARLESTON, NOV. 13.—Cotton has suffered a
decline of Isle since theircoeipt of'tho foreign ad
vices by the Arabia. •
In the Savannah and Augusta markets nothing
his been done this afternoon, so that the effect of
the foreign intelligence upon them cannot yet be
noted. '
OPIE WEEK LATER PROM EUROPE,
ARRIVAL OF THE ARABIA.
OME .1111.61.0.7 r 110.1,1,1 R S 1.1" SP A' CIE
Cotton and Breadstuff% down.
DEMI" - STORMED AND CAPTURED
Mutinies in Bombay
EXTENSIVE COMMERCIAL FAILURES
Death of General Oavaignae
TILE AMERICAN HORSES BEATEN AGAIN
Liverpool Borough Bank guspe;itled
Tho Royal Alai, steamship Arabia, Capt. Mono,
which sailed from Liverpool on the morning o
the 31st ult., arrived at New York yesterday,
bringing a week's later news, $1,000,000 in specie,
and the following passengers:
MF Kingafcird and lady, Mr Steinkrudier and
lady, Miss licLaughlan, Miss Charlotte Clamant,
J S Brander and lady, Mrs Hannon, Miss Crow
ther, Dr Dudloy, lady, and niece, Miss Collins,
Miss Goland, Miss Pettibone, Miss Taylor, Miss
Clews, P,C J Weston, lady, and servant, L Rains,
lady and eon, Mr Orgill and lady, Mr Cammaok
and lady, Mr Mossnhert, lady, Infant and nuns,
W Shippen and lady, Mr Hilton, J Chadwick, It
Coolidge, Daniel S Owens, J McLean, F Corbin,
Mr Trupmau, A Yandorborst, Mr Carner and
lady, Rev 11 MeLaughlan, Mr Turner, Miss
Cammick and servant, J 13oamir and lady,
Robert Barth, Mr Olkors, J Dudloy, E Castillo'',
R Stanley, R C Burbage, Mr Rooehie and lady, E
Corning, Mr Stuochi, G Mumford, Mr Rosenthal,
Mr Hunzinger, Geo A Wicks, Mr Kruger, Jno
Lord, Mr Do Rouge, Thos II Smith. Mr Roochie,
Mr Dunham and two sons; A Herzog, A Ullmann,
Edward Lobsho, J B Morris, Mr Babcock, Mr Mil
rdigan, W Soholetield, T Cordakos, Mr Toroes, F
Carter, E. Herfurth, Matthisj Smith, A H Sibby,
Thos Simpson, O W Morton, W D Morton, Mr:
Avellle, Mr Curtis, J B Joseph, 'Mr Lehmaier, Mr
Ames, Edwd King, A Benson, Jr. Edwd Bach, Mr
Hiltmah, J J Griffin, Mr Gudn, Mr Ringol,
John M Road, Jr., Dr S A Green, 0 C Perkins,ilr
Fisher, C Howe, Robt McDonald. Mr McClelland,
Wm Gammon. Mr Gilmour, Goo Heard, Aug
Hoard, Jr, Mr Leon, E M Poirter, Jr, F Lacey, Mr
.Sybrondt, J F Stoever, Mr Alvarey, Air Eouillon.
Mr Siballos, Sir Wm fi Ousoley, Lady Ousoley,
Miss Ouseley and two maids, C P Brown, It B
Tioknor, James Pattison, Mr Appoid, R Morris, E
A Benediot, H E Legrain, Mr Conlin, Mrs Brown,.
J B Howes and lady, Mr Jansen, Miss E
Pierre Pellin and lady, J Pallier and son, J Re
naud, J Martin, Mr Sohuerder, Mr Ryan, lady,
and daughter, John Kirkman, John Pinot, Sir Win
Ousaley's two male servants, Mr Grimm, Capt
Timmerman.
The Arabia reached Liverpool on her outward
passage, at 8 o'clock on the evening of the 25th of
Ootoltor. Tho steamer Cityof Washington arrived
out at Liverpool at 10 P. M. on the 27th. The
Fulton arrived at Southampton, and the New York
at Glasgow, on the 29th. Tho Arago arrived at
Southampton on the 10th.
The Arabia's adiioes were published in London
on Monday, the 26th ultimo, and themoney artielo
of the London Times, dated that evening, says:
" The entire suspension of speedo payments by the
NOW York and Boston banks is the most satisfac•
tory announcement that could have been looked
for."
• The papers generally regard the matter in mush
thosame light, .
On the stook exchange the news was at *first, re
garded as unfavorable. 'and consols opened ht a de
cline °fan eighth, but this was soon more than re
covered, and on the capture of Delhi becoming
known the market became very firm, and the
closing price was 89.
The demand for discount at the bank was eases
sive, under the apprehension of a further rise in
the rate, but none took place.
The susyension of Ward 11. Brand, of London,
engaged in largo American transactions, was an
nounced. Liabilities stated at .8140,000.
On Tuesday, the suspension of the " Borough
Bank," of Liverpool took place, owing to the re
fusal of the Bank of England to make certain ad
vances.. The °Wins of depositors are Mated at
nearly a million and a half sterling, but the capi
tal of the bask would ultimatel7 meet all de
mands, The event created considerable embar
rassment in Liverpool, and later in the week
several firms suspended in consequence.
On the Stook Exchange the funds declined 0 per
sent. under this bank failure. On Wednesday the
advises by the City of Washington wore published,
and served to strengthen the favorable impression
made by the Arabia's news. The funds fluctuated
somewhat during th-s day, and money was in very
active demand.
The house of Thornton, Huggins, Ward, k Co.,
of Huddersfield and Manchester, failed, with lia
bilities for half a million sterling—in the Ameri
can trade. Several other American houses wore
hard pressed, hut It was expected they would got°
through. Charles Smith lc Co., of Manchester, In
the muslin trade, were brought down in connection
with the difficulties in Glasgow.
The East India Company were borrowers of
$780,000, to provide for silver remittances about to
bo mode by them to Calcutta,
On Thursday the stock market was buoyant,
and au advance in the fur& was wall maintained.
Money Was inactive demand at the bank, but
was quite abundant in the Stock Exchange, at 4
to 5 per cent.
The failure of Tamils Condio, writer, Perth, was
announced. Liabilities .about £180,000; assets
very small
The Western Bank of Scotland, at Glasgow, had
been in difficulties, but it was announced that it
would receive full aid to meet them. It is said
that one of the conditions under which aid was
furnished was,. that the bank should ultimately
wind up. Its deposits are reported to amount to
about ,t 6,000,000.
On Friday the stock market was active at the
advance, and console closed at 80Ia89I for money,
and 890891 for account. Money eouti,nued in good
demand at about 8 per cent. Tho bullion in the
Bank of England decreased during.the week I:11,4,-
684. ,
Nothing is definitely stated in regard to the
Liverpool failures. They are believed to be mostly
connected with trade of the British•Amorican
provinces.
Sir W. Gore ()matey had received his credentials
as Special Minister to Central America. 110 goes
first to Washington to consult with the American
Government on Central American affairs gener
ally.
The American horses Prioress and Babylon
made an inglorious performance In the race for the
Cambridgeshire stakes at Newmarket. Thirty
one horses ran, and Babylon actually come in
lust. Mr. Parr's Odd Trick" was tho winner ;
FRANCE.
Pads letters state that the question of a Bastian
sion of specie payments by the Bank of Franco, in
preference to an unlimited rise in the rate of die.
count, should Wails get worse, had been under dis
cussion: ThefGovornmont, it was said, had doter
mined not to sanction such a movement.
A reduction to this amount of thirteen million
francs is demanded in the estimates of the War Of
fice. This, says the correspondent of the Times,
means a reduction in the army.
General Bavaignao died very suddenly of aneur
ism of the heart while out shooting. lie was to bo
buried at Parison the 31st Got.
The Pattie announce; that negotiations are go•
Ing on between Prance 4o Gillumd for an es•
change of territory in India. It is proposed that
France should give up her possessions in Mender
roger° to England, receiving as en equivalent
portion of territory near Pondicherry,
The haulm of MIA° & Co., of Milan, with lia
bilities estimated at 1300,000, had stopped.
Letters front Naples complain of glaring Govern
ment outrages. In ono of hiscommunicutions, the
correspondent of the London Time? says: "On
Ids entrance into office the present excellent
United States minister had oceaston to net very de
cidedly on behalf of the United States eitizens, and
front that time to this Lithos never bad the slighted
cause of complaint, and Amorioancitiions arc more
respected hero than the subjects of any other Go
vernment "
SWITZERLAND
The Swiss elections had resulted largely in favor
of the liberals..
• PRUSSIA.
On the 21th of °Maher, in view of the continu
ance of the Ring's malpdy, the Prince of p r o.,4a
a , •aumed the conduct of public affairs, in the name
of (ho Icing, in virtue of a mandato signed by his
Majesty on the previous (lay. No changes what
ever would be made in the Ministry or policy of
the Government.
AUSTRIA
Numerous additional failures had taken place in
Vienna, hut the Times' correspondent in that city,
unddr date of Oet.'2s says; "The money market
is loss agitated, and it la believed that the worst of
the crisis is over."
The now Spanish Ministry is thus constructed:
Martinez do la Rosa, Foreign Affairs Joseph Ca
&among:leo ; Mon, Finance; Admiral Bustillo,
Marine; Burmudez de Castro, Interior; Bain•
verria, Public Works; Admiral Armor°, War,
lith the Presidency of the Council.
The Marquis de Corbera is named for Governor
of Madrid. .
TURXEI
The first sitting of the Conference on Nye roes
now of the Danubian Principalities, it is expected
silt bo held'about the redddle of November.
The Courtier de Constantinople announces
thata great financial operation isprojeeted by
4110'1'pr/dolt (lovqtreqept the Ottoman Bank,
THE liiiESB,...PHII , AbELPHIA, SATURDAY, NOVEMIER 14, 1857,
involving it lean of 250,00,000 ftnnua nt ten par
oont.
The. Indian mail had roanhed England with dates
from Calcutta to tho 25th Sept., and Bombay
.3(1 of Octobor.
The news is very important— , Delhi, the strong
hold of the mutineers, having been easaUlted and
carried by the BurpPenns.
[The details will be found, in full, on our drat
page. En. Panes.]
The assault was commenced on the morning 'of
the liith of September, the siege train having pre
viously reduced the bastions and curtain against.
which its fire was directed, to crumbling ruins.
The attack was made in four columns, of which
oneaompoted of the Cashmere Contingent. was
repulsed. The others were succeesiti. An entrance
was effected at the Cashmere gate to the north
of the, city, and an advance was made along the,
ramparts to the Gabel gateosvlffire,an ineFepti*
resistance was made by the mutineers.
The next day the British cornmeneedlitingon
the magazine, and stormed that position on, the
10th, capturing with it ono hundred and tWinity
firo pleces•of cannon. The official despatches end
at this point, but intelligence in which full reli
ance was• placed had been received to the effect
that, after three more days of fighting, the'Britielt
troops, on the 20th, took entire posseasiou'ef the
y
Y•
The lose of the British in killed and wounded is
stated at six hundred men, including fifty officers,
The slaughter among the mutineers is believed to
have been great, but no, estimate is given. A
largo number escaped out of the city, among them
the King of Delhi and his two sons, disguised in
1 women's clothes. The English cavalry had moved
forward to intercept and destroy the fugitives.
In his 'order for the assault, General Wilson
stated that no quarter should be given to the
mutineers, but that all the women and children
should be spared.
Seinde, it was reported, was raising 15,000 men
to intercept fugitives.
General Outram's force reached Cawnporo on the
11511, of September, widen the 19th General Have
lock left that place for the relief of the beleagured
garrison at Lucknow. It was confidently believed
that the garrison would hold out until relief ar
rived, which' who expected to be about the end of
September.
At Agra all 19113 quiet.
Fears were entertained of a now outbreak at
Assam. A conspiracy to restore the ox-Rajah had
boon detected.
One hundred tied fifty prisoners, taken by Gen.
Neill at Cawnporo, aro said to have been liberatid
by the Government. his ales said that the Supreme
()clinch bad sent up to ttio disturbed districts One
of its members to control the generals In command.
In the execution of mantial law. Tim leniandy of
the Government was strongly condemned both, tit
India and England'
Tho intelligence from the Bombay Presldenoy is
favorable, though a few cases of disaffection had
occurred in the army in &Ando. At Kurae.bee the
21st Bombay Native Infantry had been disarmed,
and about twenty men of the regiment, who were
convicted of a serious plot to murder all the Euro
peans, were executed. At 11ydorabad,in the same
province. a company of Native Artillery bad been
disarmed.
Tho whole of the 'northeast frontier is in a dis
turbed state.
Considerable reinforcements had arrived at Cal
math.
The country between Calcutta and Ailahabad
was quiet.
To the northwest of Delhi, General Van Cott
landt was busily repressing disturbanoos and re
settling the country.
Tho • Bengal Hurkarn nowspapor , had been
stopped, buethe Dooms was restored afkor 'the
lapse of a week.
_
CHINA. ,
The dates are—llong Kong, September 10 ;
Shanghai, Stptetubor 1
The hatted States sloop-of-war Portsmouth eft
Shanghai for Japan on the 20th of August. 'Pio
sloop-of-war Levant remained at Jlong Kong, and
the steamer San Jacinto at Shanghai.
'the American ship North Wind, bound from
Poo-Chow to Loudon with teas, had put into 'Kong
Kong dismasted.
The biookado of Canton river was atrial) , main
tained.
According to the Pekin Gazelle,' hepolipy of
Yell, at Canton, had snot with the approval of the
Imperial Government.
The Russian war steamer " Atnerioa " had ar
rived at Shanghai from the Ainoor, with a 'ltus
elan Admiral on board, who, it Is said, was 'on a
diplomatic mission.
The court-martial on the officers of the lost
steamer Transit resulted in the captain and TAW
for being severely reprimanded,
A letter from Kong Kong to the Times stays
"A short time since the Foo Chow authdrititut
agreed to take Mexican dollars at two per cent
discount in payment of duties. They now ObjeCt
to receive them except at market value, The pa
pers of American vessels are given upon proof that
Mexican dollars have been tendered in payment of
the duties. Tho British consul requires thatlthe
authorities bo satisfied. This difference style
preference to American vessels."
Lord Elgin was expected back at Hong Kongg by
the end of September ; and, says the correspondent:
of the Daily News:
" About the same time we look for the advent of
the Hon, Mr. Reed from the United States, and
Baron Gios from Flamm, when the three diploma
tists will probably make a start for Pekin. It le
said that the Emperor has intimated, by the yet
milion pencil, that ho knows what is going on
that he will not receive any embassy, and
will leavo the barbarians to do their best or
worst."
The same correspondent predicts a war in China
on a largo scale, and intimates that several ,Rue•
sian officers had arrived at Pekin, under pretext
of being en route fur the Amour settlement.
At Hong Kong sterling exchange was quoted at
4s 03d to 4s I.od, Thorn had been a fair inquiry
had declined materially.
At Shangital the arrivals of tea were small, and
prioos had advanced 2to 3 tads per pleat. Silk
unchanged. Rico dull and lower. Exchange on
England fis. Bd. to Go. 9d. Tonnage abundant.
The rate to London was .£3los. for tea, and £0 to
£6 Gs. for silks.
At Foo•Chow great eagerness bed been shown by
buyers to obtain teas, and prices had gradually ad
vanced 2to 6 cents. Four vessels were on the
berth for London nt £4 freight.
COMMERCIAL INTHI 4 I 4 I . I.MTCR.
LIVERPOOL COTTON MAREFT.
LITF:RPOOL. Oat. 31—A. M.—The Brokers' cir
cular reports an exceedingly dull and depressed
market under the influence of monetary difficul
ties; and any transactions that have taken place
have been forced off at irregular rates, showing . a
decline, in American descriptions of fully id, and
in some eases id per lb.
One week's sales foot up only 14.270 Wes t in
eluding 1,300 to speculators, atm 800 to exporters.
Tho quotations aro in many respects nominal, but
at the decline submitted to, there was on Friday
decidedly more demand, and holders were not die.
posed to accept the low rates previously current.
The sales of the day were 4,000 bolos, including
2 000 to speculators and exporters. Now Orleans
far is called 81 • middling 01 ; Mobile fair 81 ; Up:
land fair 8 ; middling 81. Stock on hand 314,000
bales, including 100,000 American.
[Prom Procter's Circular.i
LIVYIRPOOL, Oct. 20, 1.857.—We aro now receiv
ing fair supplies of Wheat from the Gutted Stites,
which are expected to be followed up the next two
months from the same quarter. Of Flour, Indian
Corn, and other articles of the grain trade, the ar
rivAtis are Bounty.
A fair business has boon doing in Wheat since
Tuesday at the low ratan of that day, and It would
appear that we have tonohod a point in price that
the farmers aro unwilling to compote with.
The transactions at our Corn Exchange this
morning wore limited ; wo had, however, more in
quiry for wheat front millers in the interior,
indl
eating that our present range of prices will colu
mned next week a bettor and larger demand than
we have lately had. Good American red Wheat
can bo bought at 7sa7s 0,1 to Os per 70 lbs. Choice
American Flour is not lower, but English s uck Is
offering at 2s decline, Indian Corn id per quarter
cheaper.
recat BIGLAND, ATRAYA, dL CO.'s CIRCULAR
LIVERPOOL, Oct. 30, 1857.—The failure of the
Liverpool Borough Bank has thrown a gloom over
business circles, and very little has been done
this week in produce of any kind.
At our market this morning prices of Wheat
were irregular. At the commencement there was
a general decline of hl to 2d per bushel, which in
tinned a bettor inquiry, espootally for fine samples
of Red American. White was lees inquired for,
and the decline on the week is fully tid per bushel.
In Flour too little business passing to test prices.
Indian COT was in retail demand, and prices un•
changed.
Provisions.—'Pile trade in Beef is almost a blank
this week. Holders of the lower qualities would
Meet buyers at N cry much lower prices. Nothing
doing in American Pork. Bacon—The demand
has fallen di again; the week's transactions are
quite 'trivial. Choose of fine quality meets a ready
sale at full prices; inferior dittioult to sell.
Lard.—Nothing doing, and priaos aro quito no
mina!,
Dreadstuffs.—At our Corn Exchange on 'Tuesday,
the accounts from America, per Arabia, of the pro
bability of free shipments, coo led with the abov e
intelligence, caused a general indisposition to do
business, and the few transactions that took place
in Wheat wore generally at a donne of 1.1 to 4d
per 70 lbs, from Friday's quotations. Flour was
dull, and 6,1 to is per bbl lower. Indian Corn was
In retail demand, without change in prices.
Extreme dulness has characterized the trade
since Tuesday:
Tallow is quiet at a deelino of le to 111 6d per
cwt North American sells in small lots at 57s lid
to 580 per cwt.
Aehea quiet without change in price.
Naval Stores.—A small business reported in com
mon Rosin at 4s 4d to4s 6d. Spirits of Turpentine
quiet at 375 W.
Bark.—Considerable Naha of Balthnoro are re
ported at 7a6d per cwt. Philadelphia nominally
10.1 to IQa cd per OWL
LIVERPOOL PRIIVER Cl l / 1 11ENT OP ASIRRICAM PRO-
fFrom 'Richardson, Spence, er, Co.'s °lrontar.)
LIVERPOOL, Oct. 30th.—Farmer's deliveries of
wheat for the week ending lot Saturday, were
103,647 quarters at 753 6:1, against 116,277 quar
ters at 60s Id in the corresponding week last year.
Paring the past week difficulties in monetary
matters have exerted a depressing influence on the
grain trade, and a general decline in prices is
quoted in all the markets throughout the country.
Our market on Tuesday was almost a blank.
In wheat there was very little business done at a
reduefionofld par bushel on the prioes of Friday;
Flour nominal; Indian corn in limited request.
At to-day's market the attendance was not large,
but' wheat met rather more inquiry, and sales of
best NA wore made at the full rates of Tuo:44lay;
the late arrivals were not yet offered, and the
chief supply was of inferior descriptions, which
continue very difficult to sell. Flour almost un
saleable, although offered at rates 2a3s per barrel
under our quotations of last Friday Indian Corn
In small demand, and Od per quarter cheaper. we
quota Wheat—Ued, 6a9da7s 6d; 7s 6da
gs 6d per 71) no ; Fleur—Philadelphia and Balti
more, 20a30a; extra Ohio, 1108a3f0; Yellow, 27ea
28s per barrel. Indian Corn—Mixed and yellow,
375a37s ild ; White, 40sa41e per 480 lbs.
Beef continues very dull, the sales made aro of
the mrest retaireharaoter, at lower rates.
Pork.—Little doing. Irish is rather firmer.
Baton is little inquired for, dealers buying only
in the merest retail, at our lost week's quotations.
Lard very dull and quoted le. per cwt lower, but
sales are so limited that it is difficult to give a
correct quotatiOn.
Tallow has again receded, and closes dull;
575. 6d. to 58s. may be given as fall value of
Butchers' Association. In London the market is
quiet at 565. 6d. spot, 565. to 565. 3d. all the year,
and 575. for spring.
Itosin.—Common sells slowly, at Xs. but. to , ta. 6d.
per mt.
Jiark, under arrivals, has further declined,
LIVERPOOL CORN DIARKIPP
•
Philadelphia having hoot sold at 10t, lid., and
Baltimore at IL iht
Oire.—No transactions to report, either Sperm or
Whale.
Richardson Brothers and Company's Circular.
LIVERPOOL, 10 Itio. 30th, 1857.
' jPer °Arabia."'
POTroN.—The market ' beau very depressed
lime our last, in ousel, rOrthe suspension of
'po of oelooal bankili< ' eis! have been so irre-
Vila that it is 1m 1,1 ~
11 , 1 ivaDre emirate quota
,
t10pe,.1104110 406 a '' 6N all differiptions renges
NM id. iddlearly ld. Per lb. To-day, brAmver.
there ham been loss anxiety to force sales, M3l many
have withdrawn their stocks. Sales 4,000 Wles.
Imports for the week 13,010 bales. Total eater
14,270 bales, of which speculators took 1,400, Led
exporters 040, leaving to the trade 12,030 bales.
(20ERSITRON BARK has declined considerably;
Alma aOpt 1111411 PhilEuleippie• have been Bold at
iiiii4dll,lls,iand a large qdantity of Baltimore at.
1.e.F1171i tN. I ll '- WO
MID almost nominal, and to effect sale's
a, otrieti ..l. orajble, reduction would have to be no-
011 ..i. . I ,
ALLOW ie also the turn easier, and 578 ad a full
quotationfor, F. Y. C. lye quote North American
575a57s Od, and South American 503 Odas7s per
owl. The tiade in London has also been quiet,
and closes at 568 Od on the spot, and 56s to end of
year. For Spring delivery 57s is asked.
Beer has been very dull, the sales only amount
to 236 tierces, at a Moline of ssalOs per tierce on
last )rook'S2Pteg.
POSS.—Nothing done in American, and rather
lets Irish on' offer.
Macaw is very sleek, the demand from the coub
try being limited, and the town dealers generally
well supplied:
OHORS.S.—A 'Oonsiderable quantity of inferior
anal onGefponilltion parcels have been forced off
,at 2.5 s per cwt. There is a fair inquiry for prime.
' 'The trade: alnee Our report of Tuesday, has been
very quiet ; with but little inquiry for anything.
The continued derangement in monetary affairs
naturally causes considerable uneasiness, and in
'order to form Sales lower prices would have to be
meepted the every article of the trade.
Deliveries of Wheat, from our own farmers, for
the past week consist of 103,615 qrs, against
116,277 qrs same week but year. Average price
lie Cal per qr, against OM 4d corresponding week
last year. ,
This merning's market was a little better at
tended, and a -somewhat amore general inquiry for
Wheat, ensued, but pt a. further decline, in most
oases, of la2d per Vllbs under the rates of Tues
day; at the eentimicement of market. Had the
*TrilVilteett ready far delivery a fair trade would
Tircly have resultell : ,
eniend'for Fleaffirai very slow, as Wheat
At proem:it prieos 'le irtuelv cheaper in proper-
DOAN Cearf reVut limited inquiry, and a
M
Moline of Mali 'kir' took place on white.
OATS and biPan di 1,, at barely former rates.
Imports from 10 mo. 23d to 10 mo. 29th inclu
sive, consist of 38,853 gra Wheat, 18,153 gra
Indian Corn, 1,907 seas, and 9,184 barrels Flour.
Exports for came period, 2,08 gra. Wheat, 1,429
qrs. Indian ,Cora, 818 nooks and 782 barrels Flour.
• Wa quota the value of American white Wheat
at BsaBs 31; extra 85 sdaBsBd ; . red Os 9da75 3d; ex
tra 75 Odale 9d per .70 ,lbs. . Baltimore, Phila
delphia, and Ohio Flour 295a318; Western Canal
275a99s per barrel. Indian Corn, mixed and yol
low, 37s ; white 42s par 480 lbs.
LATEST. FOREIGN NE %VS.
(Pi()),( VII EEI OF EUROPEAN PAPZIO, IitIOVIVIM AT
TOR oppieg OF " THE PRE99. ')
MONETARY' AND COMMERCIAL
healthy feeling is gaining ground throughout
the country in matters relating to trade and corn
meree,now• that Delhi has really fallen. The cha
racter of the news. from America by the Arabia,
On Sutidsiy, was calculated seriously to embarrass
many houses of high standing, and to interfere
greatly with our commercial intercourse with that
country. The intelligence, however, received by
later arrivals, is more encouraging, and, taken
in coojunotion with the state of affairs In
confidence In the money market was partially re
stored, and a rise in the price of securities estab
lished. There is a good 'supply of money, and,
though holders will not part with it under full
rates, it is, nevertheless. in active demand.
The Board of Trade returns for the past month,
just issued, contrast favorably with the correspond
ing month of last year.' They shovr an increase in
the declared value of our exports of £852,203.
However, It is possible, from the state of affairs in
America and the condition of things in India, that
for some time to come the monthly returns will be
much depreciated. The moat prominent artieles
in the inorease column are cotton, cotton yarn, ma.
obinery, metals (except copper,) loather manullic..
tares, and woollen goods. On this other side silks
are the principal. The total of our exports for the
first nine months of the year has been £95,755,59,
showing ap Increase of £10,828,907. Compared
with the corresponding nine months of 1855, the
increase Is £28,508,755. The imports show no ma
terial, vatiationiin the articles of food and luxury
,taken for consumption. Those articles that show
a decided Inoroase are tea, coffee, sugar, spices, and
tobacco. Wine and spirits show again a decrease.
The advanced price of cocoa has evidently affected
the consumption of, that article.
The return front the Bask of England for the
week ending the 24th October, gives the following
results when compared with the previous week
Public deposits.... .C4,861,740.,..1ueru5e.... £211,719
Other 131,555
Best 3,209,499....1ncrea5e.... 10,02
On the other able of the account
Government securitlet£lo,2s4,6ll—Same ea last week.
Other securities ' 20,404,097.. Dee mese.. 134,96 R
Notes unemployed 3,485,840 tomato)... 288,055
The amount of notes In oiroulation is -C19,766,-
265, being a decrease of 4416 ) 980, and the stock
of bullion in both departments is £9,369,794, show
ing a decrease of 4154,684, when compared with
the prgooding return :
ISNUE DEpARTMENT
Notee issued—.
Government debt
Other seouritiea.
3,459,900
Oold Coin and Bullion 8,777,105
DEPARTIIENT.
Proprietors' capital 14,553,000
Rest 3,239,199
Public deposits (including Ex
chequer, Savings Banks,
Commissioners of National
debt, and dividend ac
counts) 9,801,740
Other deposits 11,203,980
Seven days' and other bills.. 919,442
.1;34,737,68
Government securities (in
cluding Dead Weight An
nuity) 10,251,541
Other securities 29,491,597
Notes 3,485,640
Gold and Silver Coin 592,889
There has been a fair basiness doing in Bullion
this week. Silver has boon taken freely for the
East and several parcels of gold shipped fur the
Continent. The suicply has been good, and Mexi
can dollars aro offering at the quotations.
The suspension is announced of the firm of W.
and IL Brand d Co , a house formerly in the West
India trade, but during the last three or four years
engaged, in largo American transactions. The
stoppage is attributed to the non•receipt of remit
'Mimes from the United States. The amount of li
abilities has not been stated, but it is supposed to
be rather considerable.
The financial details from India are not unsatis.
factory. At Bombay the import markets had be
come moth - ant higher prices, and there was a bet
tor domand for Government soeurities. At Cal
cutta some persons seemed to anticipate that,tho
fall of Delhi would, in less than a month, be fol
lowed by an extraordinary recovery in nil depart
zneuts of business, but tho dissatisfaction felt at
the political conduct of the Government Is described
to be universal.
Huddersfield letters state the suspension of
fffessre. Thornton, Huggins, Ward, & Co., of that
place and Manchester, with liabilities for .£500,000,
in the American trade. Several other American
houses would be severely tried, but it was expected
they would get through; and there seems a gene
ral disposition on the part of all strong establish.
meets to encourage confidence and to assist those
who have been unexpectedly struck bx ,the Now
York crisis. At Manchester, Messrs. Charles
Smith & Co., in the muslin trade, aro stated to
have been brought down in connection with the
difficulties in Glasgow.
TIIB ARABIA'S NEWS.
[From the Times' Money artiele.f
The entire suspension of specie payments by the
New York and Boston banks, reported this morn
ing by the American mail, is the most satisfactory
announcement that could have boon looked for.
Had tho atop boon taken a fortnight earlier, an
iturimese amount of ruin might have boon averted
The banks, after having, by their mismanagement,
brought about the state of affairs which rendered
the panic possible, sought to save themselves by
the sacrifice of the whole mercantile community,
but the public at last have taken the matter in
their own hands, and forced them to a stoppage,
which Will place them in the same condition with
their victims, and thus terminate tho struggle.
Their aourso had been almply this :
By a system of most imprudent advances they
had encouraged the public to rely on abundant ac
commodation, not only on bills of exchange, but on
the bonds and promissory notes of railway and
other corporations. When the over issues of this
latter class of socuritios began to excite alarm, and
it was soon by a knot of speculators that if thoy
could be brought Into sudden discredit general
confusion would ensue, tho banks turned round
upon those they had deluded, and not merely re
fused further accommodation, but called In, as far
as possible, all that had been granted.
Of cOurse, universal fright followed, but as firm
after firm went down the banks still boasted that
they were determined to maintain thetnselves, and
actually excited some sort of admiration at the
grandeur of their resolve. But it was plain they
could not succeed, and that even supposing their
preseriation possible, it might be paid for too
dearly.. In the opinion of calm lookers-on smother
week was alone required to stop every house
throughout the State. Apprehensive, howevor, of
the penalty of losing their chancre, and animated
by individual rivalry, they continued blindly
stubborn. The community at last, it appears, with
an instinat of dospair, rriolyeiJ to lying these tp a o
end.
A concerted run was arranged by the depositors.
and on the evening before the departure of the
paoltet a genehil stoppage was nscortained to be
inevitable. Eighteen of those establishments had
already been brought down, and the thirty-three
that remained saw that another day would seal
their fate. A deputation of tho presidouts f throe
of the largest was, therofere, despetehtut tp the
Governor of the State at Albany to pray for the
necessary legislative stops to legalise the suspen
sion, and ineanwhilo a notification of the event
was given In all the Now York papera of the
morning of the 14th inst. Its effect woe instanta
neous. Every ono, it is said, seemod to feel that
the ordinary channels of business would forthwith
be restored, and that from that moment the progress
of recovery would commence.
The steamer sailed at noon, and the last ac
counts, tlierofore, roach only to 11 o'clock A. M.,
but a postscript of that date announces that every
thin Was going on quietly, and that all excite
menthad pooled away. This result WAS perfectly
natural. The inconvertible paper of M p banks
would now "oiroulatp at a vulva lu proportion to
the dim/lotion with which it might 1)0 issued, and
supposing It to'bo kept within eloso limits, there is
no reason that it should fall much, if at all, below
par. No doubt was entertained that the Logisla
tura oft New York would sanction the movement,
and. the, period of resumption is contemplated to
be the c , th of April.
lii tae interval about £3,000,000 or £1,000,000
of gold may be muted. from California, and ape
°illative shipments of specie from this side.inust re
sult only in loss. Tho groat danger whioh has
pressed upon our money market during the past
two or three weeks is therefore lightened. It is
also bellevod that many failures that must have
occurred here if the present event had not taken
place will be averted, and that news may arrive
by future packets of the resumption of business
by several of those among the New York firms
whom fall was occasioned solely by the inability
to sell produce, or oven to negotiate undoubted
bills.
THE AMERICAN HORSES AT NEWMARKET.
NEWMAEIZET HALIGGION MEETING, OCT. 27.
The Cambridgeshire Stakes of 25 NOTE. each • 10,
ft., and only 5 if declared, So., with 100 Ode
from tlae.Town race fund. The winner
Doncaster St. Lager to carry 12 lbs. ext*,it
second horse in the St. Leger, or the winneref the
Dtmeasier cup, or Great Yorkshire handicap, to
carry G lbs. extra; the winner of any handicap,
value 200 soya including the winner s own stake,
after the publication of this handicap, to carry
3 lbs. extra ; them extra weights not to be ac
cumulative, but the winner of the Cesareuitch to
carry 7 lbs. over and above any other extra weight
ito -which he may be liable. The owner of the
second borne to receive 50 sous. out of the stakes,
and the winner to pay 30 soya to the judge. Cain.
bridgeshire Course, 135 subs , 00 of whom pay 5
nova. each.
Mr. T. Parr's Odd Trick, by Sleight-of-hand
2 yrs., let. 41b. (Fordo m)
Lord John Scott's Mcestissima, 3 yrs , Est. 51b.
(French) 2
Mr. Jackson's Saunterer, 3 yrs , Set. 121 h. (in
cluding 31b. extra), (J. Osborne) 3
Twenty-eight others started, including Prioress
and Babylon. Prioress (ridden by Tanksloy) cot
clod 7st. Babylon (ridden by Challoner) carried
3st. Gib.
Betting at starting-7 to 1 opt El Hakim, 9 tot
egst Mademoiselle do Chantilly, 9 to 1 agst Tri
color. 10 to 1 apt Mtestissime, 100 to 8 apt
Prioressol3 to 1 apt Odd Triek.l4 to 1 nest Artil
lery, 17 to 1 apt Fright, 20 to 1 apt Whistling
Willie, 30 to 1 apt M. Dobler, 33 to I apt Cyrano,
33 to I apt Queen Bess, 33 to I agst Plush Colt, 33
to 1 apt Bashi-Bazouk, 50 to 1 ogst Kestrel, 66 to 1
apt Babylon, 100 to 1 agst Saunterer.
By 20 minutes to the appointed tine (2 o'clock)
the jockeys had weighed out, and the numbers of
the competitors were announced in the Ring. It
was, however, about 20 minutes to 3 before the
starter dropped his flag. The delay was caused
principally by the "fractiousness" of Fanny Gray
sod the impatience of El Hakim. Fanny repeat
edly lashed out with her hind legs, and once hit
Tricolor and gave El Hakim a "stunner" on the
bead; the horse. however„did not seem affected
by the kick. After much wheeling and turning
about,. the signal was given and an admirable
st4rt effected.
El Hakim and the Plush colt, who wore slightly
in advertise when the flag fell, were the Int off;
but on the limps kehing into their stride Msdlle.
de Chantilly and Whistling Willie, the latter, per
haps. with a slight load, went to the front, closely
followed by Peeping Tom, Queen Bess, Glliver,
Odd Trick, AL:cattalo's, and Artillery, as nearly
ae could be determined in the order named, with
El Ilakitn, Plush colt, Cerra, Tricolor, 'Regret,
Rosa Bonhour, Saunterer, Fright, M. Dobler, and
Bird-in-the-hand running nearly "level," and at
the head of a ruck which stretched in a long line
soros the course.
The foremost horses maintained their relative
positions to the Duke's stand, whore the shifting
colors showed that the tailing" had commenced.
At that point 14 a crack of a whip" causod Whist
ling Willie to lay back hie ears and atop as if he
was shot, leaving Matitsmoiselle de Chantilly with
an nedisputed lead ; Artillery, CilliVer, Peeping
Toni, Queen Bess, and others who had shown pro
minentlyin the race disappeared one by one from
the front. Cyrene, who had been bidden in the
ruck, now coming to the front. Saunterer and
Cyrene went on In dose pursuit of Mademoiselle
de Chantilly, who was passed by Odd Trick mid
way between the Duke's stand 4 and the winning
chair ; Mademoieelle, after running second for a
few dtrides, gave way successively to lifcestissima
and Saunterer.
From the time of Odd Trakls taking the lead
the result was searcply In 'doubt. He had been
" ridden" at the Duke's Stand. but hisjooky soon
found that ho had his opponents safe, and sending
him along, won easily by two lengths, Mcestissima
,beating Saunterer by a neolr 'only for second place;
Cyrene was fourth, about three lengths from the
third and half a length in advance of hidlle, tie
Chantilly, who was fifth; Bird-in-the-Hand was
sixth, Tricolor loading the next lot, whtoh was
widely mattered; Babylon (who, with his stable
companion, Prioress, never showed in the race)
was absolutely last,
PARIS, Friday, Oct. 80.—The Moniteur of this
morning contains a report addressed' to the Empe
ror by M. Magne. relative to the Budget for 1858.
There Is nn excess in the Revenue of 40,000,000
franes,lo,ooo,ooo of whiolt are applied to the
liyui
'dation of the debt. The financial review of be
country is of an extremely favorable character; the
reduction of the floating debt is assured, and all
leans paid.
The King of Greece has contributed £3OO to the
fund for the relief of the sufferers in India.
The Mexican Government has accepted the me
diation of Franco and England in Its quarrel with
Spain, subjeots to a mere condition of etiquette.
The negotiations will be conducted, not, as was ex
pected in London, but in Paris, which is fast be
coming, de fads, the centre of European poli
ties.
The health of the King of Prussia is improving,
mentally and physically. The government of the
country is delegated to his brother, the Prince of
Prussia, for three months, unless the ailing Mo
narch, contrary to expectation, should be restored
to his customary strength. Travel is recommended
by his medical attendants. His Itlitiosty, it is
said, has long had a desire to visit the Holy Land.
Pity that he should hare deferred his wish Belong.
The probability is, 'that the King will pass the
winterlmonthe in some part of Southern Italy. A
belief prevails that a disturbing influence will be
exercised on the weddipg arrangements between
Queen Victoria's eldest daughter and the young
Prince of Prussia. It may arise, probably, teem
the inability of the Crown Prince to oome to Eng
land to be present at the wedding, but this Is not
an ,insuperable obstacle.
, The opidowle which now afflicts Lisbon is sweep-
Mg away large numbers of the upper and middle
classes. The average mortality is sixty per day.
The letters from the capital state that the shops
are closed, Lisbon nearly deserted, and business
all but suspended. The medical authorities ap
pear to be unable to decide whether the affliction
arises from typhus or yellow fever. But it is cer
tain that the visitation is most destructive Lis
bon is one of The dirtiest cities in Europe, and ty
phus is the most natural form that the uncleanli
ness would memo.
Tile CIREAT Es.sreux."—Mr.Brunel, engineer
and designer of the Great Eastern, has addressed
a letter •to the directors of the company, stating
his reasons for desiring to postpone the launch of
the ship until the second of December. Mr. Bru
nel, at the same time, states that the process of
removing this ship from the bank on wbioh she has
born built to the river will differ materially from.
a common ship launch. The Great Eastern will
be gradually lowered down to the slip, and there
will consegently bona spectacle sash as that which
attends ordinary ship launching.
The Rev. Dr. Oronyn was on Wednesday. the
28th, consecrated at the chapel, Lambeth Palace,
as Lord Bishop of tho.new diocese of Huron, North
America, by his grace the Archbishop of Canter
bury.
Spollon, the man whe was accused of tit mur
der of Mr. Little and acquitted, has been in cus
tody for several months past on a charge of rob.
bine the railway company of which the murdered
gentleman was the servant; bat the Dublin
Grand Jury, this week, ignored the indictment on
the latter charge. and Spollen has accordingly
been liberated. The Government officials in the
Irish metropolis heve got up the ease against the
alleged culprit in a very slovenly manner, .
X 23452,105
11,015,100
The long•looked-for advices of the effect pro
duced upon the English money market by tho sus
pension of the New York banks have arrived by
the Arabia, and show the correctness of our
opinion, that the most disastrous intelligence from
America had been alrewly anticipated by the
financiers of England, and that the news of the
actual suspension produced ratbor a feeling of re
lief than of additional distrust or distress.
By copious extracts from the London fournals in
another column, it will bo seen that the suspen
sion of the New York banks is truly looked upon
as a measure forced upon and brought about by
the merchants of Now York, by the insane course
pursued by the banks of that city in the effort to
sate themselves, at the cost of sacrificing the whole
mercantile community. The fall of Delhi, the first
anti deciding event of importance in the Indian
struggle, is considered to snore than compensate
the British public for any pecuniary disasters re
ported from the United States. The satisfaction of
the preservation of Britannia's Empire in the East
far outweighs tho sense of any less or embarrass
moot among the customers of Great Britain in any
quarter of the globe; and notwithstanding all the
ugly features of tho American noses, the price of
Consols has risen, and general good feeling pre
vails. Wall street is of small account compared
with Delhi, and the temporal} , loss of the Ameri
can trade is not to he named in the same moment
with the decision of the groat question of the con
tinuance of English sovereignty in Asia.
It appears to be believed, also, that the fall of
the New York banks hass saved several hqavy
English houses from failure, and that many New
York houses, whose stoppage tended to embarrass
their English correspondents, would bo enabled to
resume their business, under the altered condition
of Ilnanelal matters likely to result from the bank
suspension.
There will result some failures, as a matter of
course, from the American suspensions, the most
important of which are these of the Borough Bank
of Liverpool and the Western Bank of Scotland.
On the 'elude, however, the adviees from England
are much more favorable than might have boon
e:epoiteiL
The money market has sonsihl y improved under
the telegraphic advices from Europe, and more
paper is reported to have boon sold to-day than
for 'several previous days combined, There is little
diminution as yet, however, in the rates; but as
capital lutist needs seek for investments, it Is to be
elpeoted that good paper w ill soon be in demand
at much lower rates than have prevailed since
suspension,
At the stook board, a furthor advance in prices
Is reported. Reading Railroad, as the fancy stook
umst,in repute, may fairly be taken as a scale by
which to mark the movement of the stock market,
.when no special report calculated either to raise
or lower its price is sot afloat. Today it advanced
from 79}, the highest price yesterday, to 201, and
other securities generally participated in the up
ward movement,
The Germantown Gas Company has declared a
dividend of three per cent.
The New .York Evehing Post says that James
O'Brien, Into president of the Island City Bank,
has been arrested on a civil suit, and in default of
bail for $lO,OOO, committed to jail. It is' ascer
tained that not over $lOO,OOO (one third) of the
capital stook was ever paid in, bona fide, tho re
mainder being -paid by notes of O'Brien and his
friends. Snits have also been commenced against
the stockholders by the receiver, Mr. Butterworth.
Both stockholders and depositors are likely to lose
everything. Some of the largest notes discounted
by the pre . sident had fictitious signatures, and bear
the names of persons not in existence. In order to
MISCELLANEOUS
TILE MONEY MARKET.
PHILADELPHIA, Nov. 13, 1357
raise money to carry on the concern, O'Brien sub•
mitted to enormous shaves; and suits have been
commenced against certain parties connected
therewith for usurp.
We are Informed that tho denunciation of usu
rers Stimulated fl,the meeting of the unemployed in
Independence SlOre yesterday, has been sent in a
band-hill to the offices of the various incorporated
institutions of thVaity. Wo are at aloss to imagine
the uglily° of the loader,s hi this movement for such
an etbrt at what the may deem intimidating
threat!. Of one thing they may rest assured—that
by,a continuance in such courses they will deprive
the really suffering and deserving of the sympathy
aLd the aid of good teen everywhere, and ultimately
increase the distress they profess to seek to miti
gate. Men, worthy of the name, Ara not to be
either frightened or coerced by thisd would-be
agitators—publio leaders into unlawfulmoialibtio
measures.
The telegraph announces that the steamer from
Aspinwall has on board 31.,200,000 in spedie from
California, and the Arabia brought $1,100,000
from Europe All the banks of the seaboard will
speedily be in a condition to resume specie pay
ments, if these shipments continue. Upwards of
six hundred thousand dollars of specie were re
colt ed by arrivals from sea, at New s Orleans, on
the 6th and 6th of November.
The business of the Branch Mint nt New Or
can, during the month of October, was as fot
I!epwitg. Coinage
s^_n6,72B 5"o,oco
• •
• • • 376,015 163,000
Wilmer 4- Smith's European Tsmes, in a
loading article, says of the American suspensions,
that the effect upon the English money market
has been very reassuring, although, as was antici
pated, the storm has not passed over without in
flicting disaster on this aide of the water. The
Borough Bank of Liverpool has given way under
the pressure, and must wind up its affairs. The
capital represents a million of money, but its sus
pension has occasioned less surprise than regret.
The Western Blink . of Peotiand,,with upwardsone hundred , bralmites, stud jhe ftesdoilfee it
Glasgow, has been nearly in as sad a plight,
owing principally to the position of affairs i{D
America; but the new turn which things brie
taken has induced aid to be forthcoming—a feel
ing of confidence which certainly did not exist
this day week. Tho deposits in this bank repre ,
sent six millions of money
"All apprehension, therefore, of *drain of gold
for the United States has disappeared, because, in
the present state of the exchanges, speculative
shipment of specie from England to America would
end in loss, and thus has ended, for a time at
least, the greatest pressure which our money mar
ket has sustained during the last ten years.
" The price of most articles of produce. as may
be imagined, has been affected by the state of un
certainty during the interval, and some little time
must elapse before the equilibrium can be perfectly
restored. The' demand for silver to send to the
East is still considerable, and imports of silver from
the Continent, to be replaced by gold, have taken
place; but this drain is small, and hardly worthy
of notice as compared with the great American
presentiment."
The London Times city article, of the 31st Octo
ber, says: The concluding prices for Consols, on
the 29th October, were 8S to 89 for money, and 89
to for account on the 10th of November. In the
atoek exchange, owing to the purchases for invest
ment, money was abundant on Government secu
rities at from 4to 5 per cent. In the discount
market, and at the Bank of England, there was a
full demand.
Tho announcement made yesterday, that the
Western Bank of Scotland, at Glasgow, would re
ceive full aid to meet any difficulties that might
arise from the recent failures in that city and
America, had been formally confirmed. One of
tlie conditions on which this arrangement had been
undertaken was that the bank should ultimately
be wound up.
Arrangements were in progress by which the
Liverpool Borough Bank would be wound up and
negotiable promissory notes issued to depositors by
the bank, in case its assets should be found satis
factory on examination' by the leading stockhold
ers, so far as regards the ultimate sufficiency el
the assets to meet all liabilities.
The Scotch papers announce the suspension of
James Condie, writer, of Perth, with liabilities to
the amount of £lBO,OOO. It is expected that he
will pay 2s. Bd. in the pound.
John Bright, late Chairman of the Roll Flax,
and Cotton Mills Company, had been committed
to take his trial for forgery.
American seourities left off with more firmness.
Illinois Central shares were dealt in as low as 11
discount, but afterwards recovered; New York
Central were also better; Illinois Central six
per cent. bonds were quoted at 73 to 75 ; Michigan
Central 8 per cent., 75 to 80; Michigan Southern
7 per cent., 60 to 64; Michigan Southern shares,
15 to 25; New York Central bonds, 1883. 74 to
78; ditto ditto, 1884,84 to 88; ditto ditto shares
87 to 72; New York and. Erie bonds, 1883, 60 to
85; ditto ditto, 1875,45 to 55; ditto dittO shares,
15 to 20; Pennsylvania Central, let mortgage, 83
to 85 ; ditto ditto, 21 mortgage, 85 to 87.
We quote the Evening Bulletin's statement of
the receipta of Anthracite Coal from the Lehigh
and Schuylkill regions;
LCIIIOII. SourTLNILL.
1857 Week. Beeson. Week. Beason.
Canal.... 24,573 825,070 41,9416 1.130,076
Railroad 10,097 391.171 33,187 1,615,998
Total 34,610 1,216,241
BUNG TINS LAST TEAR
1858. Week. Season. Week. Reason.
Canal 2 ,902 1,092,818 37,910 1,042,831
Railroad 4,880 143,382 38,519 1,992,755
Total 33,842 1,236,198 t 6 ,1 3,036,586
RECArITULATION 0, Till SEASON.
1856. 1857.
Lehigh Canal.... —1,092,816 825,070 Dee.,'267,746
Railroad.... 143.382 381,171 1nc..247,169
Schuylkill Cana1...1,012,831 1,130,076 Inc.. 87,245
" Railroad. 1,802,755 1,615,996 Dec.. 376,757
Total 4,271,784 .3,962,315 Dec.. 309
The business of the last week is the best report
ed for many weeks, and it is only a trifle behind
the corresponding week of last year.
A extemporary says that the anti-bank feeling
has a much larger development in the United
States than is generally believed. There are no
chartered banks, or banks of issue, in Florida,
Arkansas, Mississippi, California, and Texas. The
population of these regions may be named thus:
Mississippi 700,000
Texas 500,000
California 500,000
Arkansas 300,000
Florida 100,000
The Controller of the State of Texas advertises
that proposals will be received by him, at Austin,
until the Bth of December, for the sale of two hun
dred thousand dollars of the five per cent. United
States coupon stock, issued to the State as an In
demnity for the sale and surrender of a portion of
her northern and western boundary. lye hope the
proceeds will soon be applied to thw liquidation of
the public debt of Texas.
Tee TRADE OF THE READING RAILROAD.—Thp
following is the amount of coal transported on the
Philadelphia and Reading Railroad, during the
week ending Thursday, Nov. 12, 1857.
From Port Carbon.....
" Pottgvillo
•• Schirlkill /boron
" Auburn
•s Port elluton
Total for week
Previously thin year
Total for year
To same time tart year
SCRUTLKILL NAVIGATION COAL TRADE.—The
following are the receipts of coal for the week
ending Thursday, Nor. 12, 1857 :
From Port Carbon.....
•• Pottsville
Schuylkill Haven
Port Clinton
Total for week
Previously th u year.
To seem time lest year
PIIILADELPIIIA 91 . 001 S =CHANGE SALES,
November 13, 1957.
Reported by R. Manly, Jr., Stork Broler, No
809 Wa l nut street. -
FIRST BOARD
1200 City 6 . 4.....10t1.84% 15 Reading ft ^0
1000 City It d'a P 111t.84% 30 do / 9 'i
1000 8; Peon R En, Mi ° 50 do 19i
25 Penn It 36% 10 do ...... .... 20
'lO do 30% 5 do 191,,
9 do 305 20 do 19%
12 0 Penn It 9 100 do 1 , 5.19%
25 do 9 100 do ....b5 ern. 20
50 do .... 9 30 do lota 20
52 Ito Meadow R 111.51 20 do ..... .. a 5 197
10 Union Canal 01. 33!2 , do ..... .. '45:20
20 Morrie Canal pfd.B4% 24 Lehigh Scrip.. .... 414%
5 do 86 8 .do luts.3s .
14 Vicksburg It 6% 90 Morrie ° oana.L ~.40
32 Cm & Ant R. 10te.69 . 50 Schuyl Bay pL1...15
100 Reading It 19% 100 8604 , 1 Nay 8 ilt
50 do ...... ....10% 50 Lehigh Nav 50
50 do ..........19% 29 Bank or Penn 10te.10%,
BETWEEN BOARDS.
100 LOl4 Island R.... 9
2000 CAA Am It 5a'03.62
100 Reading 11....55.19K,
SECOND
1000 Penn Coup S's...SIS
1000 C & A Se Ain P.
20 N Penn It 9,4
50 Reading ft - 20 , ,
41 do ....sslots •.0
50 do "0%
100 do "0.1.
39 Lehigh 5crip......34 7 ,
i 1 Be Meadow R 314.51
10 do 315.51
5 Morris Canal 95.1.87
6 Girard Bank 9s
20 Mechanics' Bank.',M
BOARD.
6's'7s 10t5.65,X
2000 Cuttnw It 6'5..1 .40
3000 City It 6s PR2dys.B4
51 Tenn It 10t5.36,1;
10 Sclutyl Itiev..pfd. / 5
100 to Wend R... 9X
19 Mlneblll .11..10t5.563
1 Life & Annuity.ll2
Cattrivissa 1t.... 7
I 100 'tending R 35.00%
27 Lehigh Scrip 35
OLOSING P •
Bid. Asked.
54%
118....84 84%
Netv....01% 92%
Penneylv 5'3.-81 82
Refuting 11 6 8:11; 20)
de Conde '7O 85
do 1.111 , 8,..44 81
Penns RR 38% 80%
Morrill Card Con 39% 42
Rahn N 6382.,..66 68
6 ' steel 8 8%
LAT
200 Reading R. 20%
100 do . arrn.2o%
600 do ig lots 65.20 X
Bid. Asked,
80 N 65 'B2 prof 16 15 X
Wmsp't Elm E 7 11'
do lstmort 7'859 93
do do 2dmi 60 53
Loug Island.... 9,x 9X
Vicksburg 63i 7
Girard Bank 9 . if 9%
Lehigh Zino 1
Union Canal 33( 1%
New Creek x
Critawlese R R•• •OX 7
EST.
1000 do _in lots 20%
100 do
Heading docts.,.Al.2oX
BY THE PILOT LINE.
LETTEII-1 1 110114 NEW YOU.. -
(Correspondence°, The Press
Kim' N*. 13-5.20 P.M.
The Arabia's news is far Ipere /exorable than wan
generally anticipated, as to the effect on the other
side of the news of the almost general suspension
of thehanks of the United States. I never anti
cipated any disturbance in the English money
market, and mentioned more than once in my let
ters to THE Paps, that so far from the Bank of
England being driven to suspend, It was cry SOII-
Fiction that it would stead the abed without
flinching, and further, that the English foods
would rise aid not fall under'the precautionary
advance in the rate of discount.
The result has justified - my opinion. This news
has been very' weleetue here; and has relieved
much anxiety. Under its Influence I think I should
be justified in saying that, the money market is
really a trifle eater—not at •he banks, but in the
street—and that there seems uore hope and Colft
dence than I have seen entertained for gems Gkie.
It is tree some large American houses la England
have gone by the board, and the stoppage of the
Borough Bank of Liverpool May- muse some
inconvenience; but. on the whole, credit, has
been t well , maintained, and good substantial
houses helped and protected by their' friends
andvelgitbsrrftriFitannerValterNew
'lY kt " h
01: 1;11 1
If wit ot ber gh to loorat 'hinge the
same light, wu should soon get prertmrAdioulties.
Previous' to' the Arabia's r arrival 'Ado, people
dreaded bad news, and the consequence was that
every one was cautious and afraid, and noilrlng
done. The relief caused by favorable news has
opened the hearts nod itmoiithilif the Weirs of
many, and glad fates are by no means e 0 Inertia as
yesterday. The Arabia brings $4,157,7 85 In
Foreign Faehange is firm at former iiirlcus with
very little doing. Domestic Exchange is a stride
easier. - -
So far all heard from, there is a prospect that the
coubtry banks will accede to the "request"' of
the city Itake, and redeem their currency as or
dered. We have heard of very ready and polite
compliance . With the requests of highwaymen.
"Allow me to trouble you for ,your poise," and
Ilse:more ,gru ff demand, pistol in hoed, 2:yOur
money or your , life," Menet te, the um t hing
praetaselly. /P this, she I
trap s readintealkit- 'boas taillWthe
behests of the. New York iv en of. dot puler,
hot of the road.
As I said yesterday, In spite of theruseliruftm
banks must be more liberal before lonagg Tile.F
have a daily aecunardating Surplus for'whicti th ey
must find employment; and as they eapoot,Ssul
rile " triumphant' r ., elms of nom in mritiolent am
ber, they must go to the," lam aeoeptelatia'?„ , lt is
also the ease with the money occourractstdemd,
sufficiently glutted. I impost a Molly percepti
ble improvement in a day or two,-wben e
hare had time to settle down from the - le
excitement of te-ilay. The cebhintusatilitiniof
the Sub-Treasury Were as follows: ESOSIIUML
-208.70 ; paymeats, v 5t51,115.56; balance, 55,213,-
2.38.43. Theroceiptesit the custom house for du•
ties were $40,004.•'
The Farmers' Bank of Bridgeport, and !hafts
=factures"' ,Bantr-of , -Birtrunt,
are thrown out to-day by, Ile etropolitan Bank.
A receiver has been appointed over the Granite
Bank of V olent o w,i l Anneefie 4 ".. hot t was yery unto" trxeitefil nude/the' tank!, we.
Prices went up ,the whole, list. A t
the
first board Virgtoßi 6's ice" 23; Missouri 6's '
Ohio 6's ,(1856)_8; Brie Its 3; Illinois Cutrai
bondi 5. New York Co stook ram 21 Erie
I ; Reading 13 ; Mich. Centsall; Nish. Southern ;
Panama and Chicago and Rook Island I. Sales
were large; and other/ thin tlutintokera shire
inclined to speculate. At the Second Board a far
ther advance took plaimileading closing at 391;
N. Y. Central at 75, 743 and 74; Erie at 15,1111i
nois Central at 94. and Chicago' 'and Rook" 'dam
at 743. The market closed finely. The colipona
on bonds of the Erie and - New York Railroad, due
Sept. Ist, were paid at the Mechanics' Bank, in
this city.
NEW iroas STOCK =RANGE ILIEWS,War,III.
FTEST BOAltly
3000 Tenn 6a '9O 82 I
9000 Virginia 6, 88
7000 Missoun fo 74
2050 do 7s
2000 Chilli le 0 75 53,N g
I
2000 Ohio 6s, 'B6 97
2000NYCenR dae 83
1000 Erie 31 m bd 63
WOO Erie Con '7l. • 92
30000 Hod Con bile 45
1000 ILarlemlat mt 61g
6000 do 01%
2000 do 010 61%
2000 IN Y 91.9 '6O 83
1000 Mich El Sg Fund 63
8500 lil Cu oils 83
19500 do 84
19300 do 8-I,l‘
1000 do • 85
2000 11l Fre wth't pre 78
5100TI1kAl2dm 48
15 Bank of .N York 90%
5 do . 90%
20 Bonk of Com 95
19 Metropolitan 99 99
100 Del k Rad 0°,30100
91 do 1008
200 Penn Coal Co .eo
2 - 20 Cumbd Coal Co e 3
350 do , sa 9X
450 do 9",1
315 de 10
300 do b3O 10
100 do ISO 10%
100 do 830 9N
En do
65 Pacific 31 88 Cu - CON
155 do ae
105 N YCenE 74
50 do 510 741(
270 do " ' 741 / f
200 do b5O 75
600 do 560 72N
835 du 74X
850 do 110 74
200. do -.• b 3 74%
nO 14N•
100 do - a3O 733(
50 do a3O TS
100MichCanR b3O 50
370 LaCrosse & Nil
155 do
SECOND
4000 Missouri G's 74%
5000 11l Cn bda 85%
15000 lied Aeons bd 50
7000 Erie 3d xi bile 69
1000 LeCkslll L4B 30
5 Del&lied Co 101.
501110bU:4.1prd' 39X
32 do . 38
40 do,. .311(
Ntrr Pluisma 11 , 'B5
M do 84X
90 do - 8400
100 do MO 84X
50 do WO 851(
315 'Lll Geo it 114
- 100 do 95
100 do all 05
100 do 9434
60 do "93R
32 do ": 92X
85 Clay& 14%45E1101900
'l5O de 13
123 Galdeldall - " 74
32, 'do ' - 73g
1 :a Mir& Tel R" 38
300 - do ". 37%
100 do DIO 371(
1060 do . 0 X
100 do DIO 3N
so
35
chiatlt I A 73 X
140 do • 7344
100 do alO 13
155 Mich MR 1 It 19
150_ do 18X
20 , ... do 381(
250.46
18
150 do a 14X
100 de ' td 18X
350 do D 3 19
300 do MO 3900
Mu do 53 19
100 do 810 ID
RIO Pais Railroad 153(
455 do 15%
100 do DIR " 16
800 do : . IS
400 • . d ' ... -.. 16%
100 d o
• sit" lax
50 do ' ' 139 . 16
50 do - b3O - lb%
40/111arlemR - ta .7
754 Reading : P.„ 4 45;9 4 .•
100 " do" a3O-'39
, 635 do ' 39
1360' do 533 39X
1100 .do 530 36
1126 0 It&Quineey I% 60
BOARD- .
350 Harlem reefd 20
160 Mich S 11 1900
50 do 515 20
50 do 19X
72.1iich 545,tiIprf 3800
87 LaCBcllil 834
100 do 8%
110 Panama It 851(
25 Mich Oen R 55
I 25 111 Cen R 93 X
30 do 9.1
1125 Cler&Pitts It 13
1 do 13V
1200 do 13X
25 Gal & Chic It 14
50 °ley& TOR 510 3300
200 do 381(
MO do 530 35
300 do 39
7X 200 do 57 3SX
7X 190 Chi & R 1 It 701(
31AFKET 9.
Asnco.—The demand for both Pots and Pearls
is moderate, and the market is lower • sales of
Pearls at $0:371a56.50, and Pots $7.18fa7.25.
COFFEE is quiet, only a few nun lots of Rio
have sold at 10.511 c.
Corrox.—The market has not opened under the
Arabia's news ; the stock is too small to be affected.
and holders, though leas cheerful, are not despond
ent. Quotations are nominal.
Pisa.—The market for all kinds is dal] and
heavy. We have only to note sales of 300 qtla
Grand Bank Dry Cod at the low rate of $2.90.
FLOUR, ke.—The inquiry for Western Canal
flour is light, and under the less favorable pews
from Europe, lower prices have been accepted, and
we reduce our figures saloc per bbl on common
' grades. The inquiry is confined to the home and
Eastern trade.
The sales are 7,000 bbls at $4.85a55 for common
to good State; $3.1043.25 for extra do; S-1.3.5a55
for superfine Indiana and Michigan; $5.1043.90
for extra do; $3.4056 for common to good extra
Ohio; $647.2,5 for good to choice extra do; $5.6.5a
$7.25 for St. Louis brands, and $6.50a57.75 for ex
tra Genesee.
Canadian flour is more abundant, the demand is
fair at the decline; the sales are 700 bbls at s3a
$6.75f0r extra brands.
Southern flour is offered with more freedom ;
the demand is more active. but at lower prices:
sales of 1.700 bbls at $5.1045 30 for mixed to good
brands Baltimore, &c., and $5.33.5.57 for the better
grades. Rye flour is quiet at $3.50a54.75. Corn
meal is inactive at $3.50 for Jersey, and $3.653
53 70 for Brandywine.
Gnats.—The demand for wheat is less active,
and the low qualities arepa4c caries - The arrivals
are moderate. Sales of 15,000 at bus $1.2141.31
for red Southern ; $1.50 for good white do; 95a
$1.05 for damaged do; $1.05. for good Milwaukee
club. $1.35 for mixed Tennessee; 96e for good
Chicago spring" ' $1.30 for white Canadian ; $1.50
for white Mich igan. and $1.16 for red Ohio.
Rye is quiet at 7546 e. Barley is better, and in
demand—sales of 3,060 bush State at 75590 c. Oats
are firm at 43a46.!e for State and Western.
Corn is lower, the demand limited, and the arri
vals moderate—Bales of 24,000 bush at 7Se for West
ern mixed; other kinds scarce and nominal.
ilAY.—The inviry for shipping jig fair—sales of
700 bales at 50cao0c.
Loos continues doll, and prices somewhat nomi
nal in the absence of important trawaetions—
small sales of Scotch Pig from yard at tt'ss29.
per ton, 6 mos.
Mot. soars has been more active, chiefly to dis
tillers, and some lots to Boston grocers—sales of
1300 hbds Cuba cloyed at 19520 e, a few Cuba at
21a24e. and a few Porto-Rico at 23 cents. Old
New Orleans at :311 cents, and new crop at 43
cents.
-34
10 Pacific 11 88 Co 68,44
50 Penn Coal Co 61
100 Reading It El 5 39
100 • do 015 391 e
1100 do 40
500 do 330 40
225 do 391;
50STCrn1 75
570 do 75x
300 do 530 74x
100 do 460 74
50 Erie R 18
80 Harlem R 7
200 do
100 do
74,413 2,746,774
.2,100,000
lons. Cwt
9,919 05
. 1,788 03
.13,137 19
. 306 06
0,037 0/
...33,180 17
1.582,811 01
1.615,887 19
1,992,755 01
Ton 4. Cwt
1 0 tiO4 10
4 1,623
2,483
. 41,2^_U 03
i 088,849 13
1,130.073 18
1.042,8.30 07
NayAt STORES —Spirits Turpentine Las Leea in
improved request, and with a greatly reduced
stock holders have been enabled to obtain a slight
advance, hut this is somewhat neutralized toward
the close by the steamer Arabia's adviee.„ and the
market closes less animate. Sales of 250 bbls,
partly in shipping order,
were effected at 4tla4ofc
cash, and 400 do extra at 44c, 15 days, adding in
terest.' Crude lain limited demand. but prices are
nominally the same.
Rosins of all kinds are quite dull, but pries are
without essential change. Tar is offered at a con
siderable decline, without as vet attracting the
attention of buyers; we quote Washington thin at
$1.75, and Wilmington do at SI 871 per bbl. Pitch
is quiet.
Oita.—American Linseed is fairly inquired for
nt prices decidedly in buyers , ' faror—sales.of 8,000
gallons at 55a60:, cash. Other kinds arc in lim
ited request, but prices are without further
change.
PROVISIONS.—TIIO demand for pork is light.
and the market is heavy—sales of 70 bbls at 51a.75
fur mess; 13.30 fur new mess, and SICaSI6.SO for
prime.
Beef is firm at the improvement noticed yester
day, Sales of 500 bbls at $2.50410.50 for country
mess, $1147 for do prime. $l4 for repacked western
mess, and $l5 for extra do. Prime mess is quiet at
$22a525.
Beef hams are firm—sales of 27 bbls at sl4a
51(1.50. Bacon is in fair demand at 12113 c.
Cut meats are in fair demand and scarce at SenSle
for ,shoulders, and Idle for hams. Dressed hogs
are saleable at fila7le.
Lard is buoyant. the demand is fair—sales of 400
bbls and tea at 12413 e and kegs at 1310. Butter is
in good demand at 12alfic for Ohio and 161220 fur
State. Cheese is firm at Talc.
StGARS.—The sales reach this morning about
500 hhds at 510.71 c. Refined are active at steady
rates.
TEAS.—The feeling improveiand the trade buy
more freely; prices continue in thepurchaser's
favor. An auction sale is announced for the 18th
inst., comprising new blacks, the first offered- this
WHISKEY.—The market is better and demand
active—sales of 870 bbls at 2211123 c.
Death of Daniel Clippie, Esq.—This gentle
man, for many years vell•knpwn in the restaurant
business, departed this life on Thursday evening,
at an advanced age. For some time past he has
been ill, but not seriously so until within the last
few days,