The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-11-06
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ARRIVAL
STEAMSHIP CALEDONIA,
TWELVE DAYS LATER FROM ENGLAND.
Important Commercial Intelligence.
sTRlNGENCY OF THE rErF
LONDON MONEY MARKET.
Panic Increasing. Confidence Decreasing
Decline In the Cotton & Corn Markets.
MORE FAIL URES IN GREAT BRITAIN.
Suspension Of the Royal Bank Of Liverpool
Evacuation of Ferrara by the
Austrians.
GREAT DEPRECIATION IN C0NS0lS.
DsputatiOn to the Government fro m
Liverpool.
FAMINE IN IRELAND.
Civil War In Switzerland.
Ec Nc Gf
GREAT DEPRECIATION IN C0NS0LS.
DeputatiOn to the Government fro m
Liverpool.
FAMINEIN IRELAN ..
Civil War In Switzerland.
&c. &c. &c.

dense fogs on the coast. She brings a full. COM
plement of passengers. The news is high ly i'm
portant and interesting, particularly that ,ortion
relative to financial and commercial affairs.
The disastrous none tary pressure reco tded in
our last advi ces, has, during the last fortnight
continued to rage with undated severity, in.
volving several additional failures, and dafnsing
deep and impenetrabe gloom throughout the
whole commercial economy of Great Britain.
To such point of intensity has the inaoce ssibi-
lily OF money now arrived, that there is SCARCE
ly any one house which can be looked upon
sition; while feeling OF unmltigated anxiety is
everywhere perceptible.
Among the more recent failures we have to
announce the stoppages Of
Thomas, Son & Lefevre, old Brazil house
De Jersey Co of Manchester.
Barclay, Brothers Co., London, whose liabilities are
put down at f45000
Little & Co., also Of London
NV: Morley, Manchester. warehousemsn
l.. Phillips, Sons & Co London.
Mocatta & Son. of Liverpool
Southam of Ashton under.Lyne.
f 81. Andrews. Manchester.
F. Barnes & Co, hardwaremsn, London, Birmingham
and Sheffield
Bernonilii merchant, London.
Bradley & Parker, stock. SO brokers, Manchester.
Brown, Todd Co provision merchsnts Liverpool
w. T Claggett, American merchant, London.
T Cornthwaite. wholesale grocer, Liverpool.
Geisler, Weber & Co merchants, Manchester.
8. J. Hadlow stock exchange, London.
James Nephew Co merchants Manchester.
Henry Knapp. banker Abingdon.
Lrgrelle & Co bankers Brussels
A Mitchell & Co, American merchants Liverpool.
Mocatts & Sons. merchants, Liverpool
Thcs Murphy, provision merchant, Waterford.
r r Oakley stock exchange. London.
Oldham joint stock banking Co Oldham.
w. Pearcs 4 Co merchants. Liverpool
H Moller < KNsns. merchants. Hamburger.
Pistt Hsmmin 4 Co., East India merchants, Liver.
Rosipg & Co.. merchants, Bremen.
Royal Bank, Liverpool
M. soares Portuguese merchant, London.
NJ Steele & Son, soap manufacturers Liverpool
M 8. Synnot, ship owner, Liverpool
TR TsSbTl soap boiler Msnohsstsr
A. 81 Wingate. calico printers, Glasgow.
Wittensren Co., spinners, Burmsn, near Ebberheld
We may avoid further enumeration, by stating
that altogether fifty-fve houses have either bro
ken down or suspended payment, since the de-
parture of the last steamer. Yesterday it was
announced that the Royal Bank of Liverpool had
been compelled to suspend payment, and the in
formation turned out to be too correct. At pre-
sent it is impossible to give any thing like re-
liable statement Of the position of the establish
ment but it is understood to possess assets sufi-
cient to meet all its liabilities.
In the present state of universal confusion
and alarm, it can well be conceived how deeply
manufacturing operations have been affected,
and business appears to be quite at a stand still
without the slightest prospect Of reaction, al.
though good orders stated be held by
many firms; but in the present position of mone-
tary affairs, they abstain from executing them.
Indeed, the pressure for money has been so
great that sales have been forced, for cash, al
prices considerably below the lowest ordinary
quotations.
Sir Robert Peel honored Liverpool with visit
on Friday last, and was sumptuously entertain
ed at the Town Hall The object of his visit
had express relation to the monetary condition
of the town, and to the best means by which
trade could be relieved.
The Lord Mayor of London gave splendid
entertainment to the Duke of Cambridge and a
large company, on Saturday week The invita-
tons included his Excellency the American
Minister and three Polish Princes. Mr.. Ban
croft's health was proposed, and his address was
very warmly received. His Excellency has had
two interviews with the Chancellor of the Ex-
chequer this month.
Parliament has been prorogued till the 11tb
November, when it will be further adjourned
till January, for the despatch of business.
The Mayor of Liverpool, attended by one of
the representatives and five of the leading mer
chants of the place, proceeded to London on the
evening of the 18th, for the purpose Of represent
ing to the government the deplorabe condition
of mercantile affairs
The prospects for Ireland, during the approach
ing winter, are gloomy enough. Famine in an
aggravated form has already re-appcared and the
Queens letter issued, commanding general COL
lections 10 be made in the church establishment.
In Italy, Ferrara is about to be completely
evacuated by the Austrian troops, and the Pope
will be preserved uudi sturbed in his career of
civil and administrative reform.
civil war in Switzerland is still impend-
| ing, and serious disturbances have taken place
! in the Two Siclies
In Spain, Espartero has been suddenly dis
| placed from the head of the new ministry, and
Navarez installed in his stead. French influ-
ence has been again successful in that country.
PACKET SHIPS ARRIvED.--The Britannia, on
the morning of the 18th the Washington reach
ed Bremen on the 18th the New York arrived
at Cherbourg on the 3D. the Patrick Henry OF
the 9Th st. Patrick on the 9Th Waterloo, ano
New York, arrived 10Th; and the Marmion
on the l4tn. The following ships have sailed
Siddons, on the llth Columbia, 10Th (; Hugue
not, l4th; Niagara 10Th Alabama, for Boston
10th Susquehanna for Philadelphia, 18th
The French steamer Union, from New York
September 10th, had no, arrived at the !atsp
dates,