The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-11-22
FOREIGN.
BY THE ACADIA.
ELEVEN DAYS LATER FROM EUROPE.

The commercial community Movements Of the Bank of
Engtcnd-More Jdilures-FaA in cotton, &C.
The Acadia reached Boston 10 O'Clock on Saturday
We have our full files Of the London Times and the
Morning Chronicle, from which we make such extracts
time will permit
The advces from London to the 3D. and from Liv-
erpoo to the 18th instant, inclusive
The English Parliament would assemble on the 18th
instant for the despatch Of business.
The India mail had arrived Accounts said to be good
Money was easier at Stock Exchange London at the
latest advices-worth say 0 per cent.
The Popes rescrpt had been received condemnng the
proposed Roman Catholic Provincial Colleges for Ireland
feeling OF universal and disappointment had
been caused by it,
The Catholic bishops of Ireland had addressed the
Lord Lieutenant the certain recurrence of the famine
with the approaching winter He promised that govern
ment would interfere for the preservation Of human life
The affairs OF Switzerland fast approaching crisis.
The belgerent forces in of each other and hos
Titles appear to be inevitable.
reconciliation has taken place between the Queen of
Spain and her husband The late Minister OF Finance
(Senor Salamanca) is charged with fraudulent issue OF
bonds to the extent of 100 00O,0 900 reals.
The affairs of Italy not yet satisfactorily adjusted
The Emperor Austria continues obstinate, but does not
seem disposed to take any aggressive steps.
The Hbemia arrived on the morning OF the 2sth ult,
after run OF III days from Boston.
The Duchesse dOrleans reached Havre onIhe Goth.
rived at Liverpool the 22d and the Henry Clay the
oath ult Sailed the 2ad, Liberty; Goth, Patrick Hen
~; 2sth, Ambassador 3st, ST. Patrick and Webster.
The Sarah Sands will not sail until January.
The number of commercial bills due and payable the
Bank of France on the 3Oth ult, was so great that
became necessary to employ additional collecting clerks
fact unprecedented in the annals of that establishment
During the goth and 30th ult the Bank of France is
sued bank notes Of the value of 200f each. to the
amount of fifteen millions 1t appears further that the
bank proposes to similar notes the amount of
twenty-five millions.
1t reported that the French government WILL during
the next session. bring in bill to repeal the law which
excludes the Bonaparte family from that country.
The French steamer Union met with two gales
and burst her boiler, off the Azores, her last passage
home.
The circular of the Messrs Barings, under date of
November 3d. states that under the express sanction of
the government, and with aview to relieve the existing
pressure the Bank of England the 25th of October
issued the following notice:
Resoved That the minimum discount on bills not
having than So days to be per that adj
and other approved securities sums Of not less than
E2000, and for periods to be fixed by governors the
rate OF per cent per annum.
This virtual abrogaton of the bank act of 1914 must
of course receive the of Parliament which is APP
pointed to meet the 18th inst In the meantime there
out however, any perceptibe effect the produce
kets, where prices generally remain without improve
ment."
The same document describes as follows the effect of
sA striking reaction at once took place in the funds
public confidence appeared to have acquired fresh
entire fabric Of trade indicated returning strength and
vigor The accommodation, however, was found to be
iserably dsproPortoned to the necessities of the pub
lie, and the result has been within the last few days,
that trade has almost wholly relapsed into the state
Of orpor and alarm From the manufacturing districts
particularly advces OF most unsatisfactory nature
n
working short time, merely keeping open from motives
of humanity to the workmen and to preserve the appear
the pressure cannot be ameiorated the bank does
extend its accommodations Meanwhile, it is utterly
impossible t. form any adequate idea Of the fearful ruin
Day after day. instead Of dspeng has but deepened the
shadows Of approaching calamity which, though perfectly
the government and the bank. Fresh failures to
an enormous extent have taken place within the
last Of them Of the oldest establish
lesser degree various houses who have still continued
to maintain their credit The funds, which, for some
days following the departure of the Caledonia, had fallen
to point OF depression beyond the recollection of any
living man. have considerably revived, though suffering
excessive fluctuations. Monday is reported having
been comparatively quiet daythe funds rising consd
erably On Tuesday the fluctuations very rapid !;
conso!s opened at advance OF per cent, the quota
lions for money being s to sa from which point they
took place, when prices declined considerably. Yester-
day the feeling easier in the money market and less
unStcdQlneHb were
quoted at s5 to SAL and slb 10 $40 for account Bank
stock is worth 1851 Foreign stocks merely nominal
Mexican bonds have fallen to l52 a l6l
LIvxRPooL COTTON MARKET Nov. 4-Upland and Mobile,
TO- good to fine to 81 New Orleans ordinary to mid
ding to Al fair to good fair 81 to 6d good to fine 81 to
III Alabama and Tennessee, ordinary midding to
Al bowed Georgia, ordinary middling, to a fair to
good fair st 81 good fine 81 to 81 Sea island ordinary
good fine to lsd stained ordinary to good fne ~ to
3D. This market has greatly fucated since last adj
wees with decided downward tendency and does in
dictate the slightest disposition ascend This position of
the trade has been caused by the favorable
ceived by the Hbcrnia OF the coming crop but great
degree by the curtailment of consumption in
short time, and the embarrassing condition of manufac-
hei sales for the week ending 10Th ult amounted
22O bales, Of which 5000 taken speculation,
and 1000 for export.
The transactions from that time yesterday evening
estimated only 5000 bales abou, 5000 of which
cotton hand amounts about 305 900, being de-
crease Of $4,000 from last years supply
The price of cotton Liverpool according egraphc
reports.
Oct 10. Nov. A.
Orleans, ordinary to midding Al a5{ a II
good to good fair 6t a 81 81
good TO fine 2 aS 81 a "a
LIvRRroo1 Conn MARKET, Nov. 4th, IL m.Best western
canal -four 2s 29s Cd per barrel Richmond and Alex
New Orleans and Ohio 26s to 2s United States and Can
adan sour 2ls. 23s United States wheat, white and
Mixed Is 3D. to Ss per 20 lbs red g. 3D. to Is 3D. In
dian corn 30 to Sos per Indian meal las to los
3D. per Dbl oats2s 4d toz l0d As lbs Barley per 60
lbs 3s to 4 Peas 504 bs 30s 4Os OF all branches
Of trade that Of alone shows the slightest symptoms
animation Before the day OF the departure of the last
and for two days subsequently, the Liverpool market