The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1839-12-14
FOREIGN.
is DAYS LATER FROM EUROPE.

The steamer Liverpool arrived yesterday
afternoon, having sailed on her regular day,
and bringing London dates of the evening
of the 10Th November, and Liverpool Of
the ! 9th idem.
The news by her is far more favorable
than was anticipated. British stocks were
at about the rates which they bore when
the Great Western sailed.
There was little doing in the English
Funds. Attention began to be directed to
the forthcoming official return of the assets
and liabilities of the Bank of England,
which was expected to be out in few days.
Il was confidently anticipated that they
would show a considerable increase in the
stock of Bullion since the last returns were
made public. The London Morning Chron-
icle contains the statement of the affairs of
the U. S. Bank, up to the lst Of October,
and is quite savage upon the London Times
for its structures upon that beautiful con-
cern.
The Cotton market had improved far h.
ing within fortnight, and the sales of A.
mercan descriptions were large.
The Wool market had also improved and
much business was doing at Leeds.
There was quite stagnation in the Man.
chester market, and money was very tight
there.
The damp and wet state Of the weather
had injured the new wheat much of which
was sold at decline of Is. but dry parcels
commanded full prices, while all descrip-
tons of foreign meet with steady demand
10 moderate extent. We make extracts
from one of our English papers showing
what was thought of the suspension of the
u. 5. Bank. Il is amusing to be told that
ths principle sufferers by that Bank on the
other side are Amercans-residents in
France We shall next be told that John
BnlI never did own any of the stock, while
we are weak enough to believe that full
S25'0OO,OO0 of the thirty five, is owned
by British capitalists.
sThat the u. S. Bank may be ultimate
" broken up is not improbable, for through
out the States there was general derange-
ment of commercial affairs. On the 7Ih
of October, the Banks shares, at New
York, were at 100 IA. on the 10Th they
fell to 70; but by the 18th reaction had
taken place, and prices were quoted at rs
I-2 to 80. In face of all these difficulties
the Liverpool has brought home SO,000I in
specie, chiefly sovereigns; and the Yelling
tou packet-ship, which had previously sail.
ed from New York for London, had on
board specie to the same amount. The
Liverpool brought home the first accoun! o
her own arrival at New York. Matter:
were in great confusion when the Liverpool
sailed, but as we have said, there were signs
OF amendment. 1t is not unreasonable tC
suppose that the arrival of the Great West
ern with the news of MrJaudon's favorable
arrangements in London would operate
powerfully in the restoration Of the public
mind.
The suspension Of specie payments b,
the banks in the United States was not un
anticipated in this country. The immedi
ate effect of the intelligence brought by tn
Liverpool at the Exchange, was a reduC
ton in price Of u. S. Bank of Philadelphi
shares from 10 l-2 to 10 l2. Other A
merican securities also suffered in value
Although the decline in the U. S. Ban
shares are 30 per cent, the effects wi
scarcely be felt in this country, the amour
held here being comparatively small, az
in the hands of parties possessed Of Sta
Stocks, the value of which have befalls
the Banks. The decided opinion of man
well informed American merchants is, tn
Mr.. Jaudon has secured himself and h
ample means to meet all his own engag
ments. The greatest sufferers on this si
the Atlantic are Americans resident
France, who derive the greater part of tht
income from funds in the banks which ha
suspended payment"
There was nothing Of importance fro
the Continent. There had been anott
conspiracy detected at Paris. Mr.. Wht
ton, our Minister to Prussia, had it "
said obtained better terms Of duty for
mercan cotton than DR.. BowTing had be
able to obtain for British produce or mat
faciures.