The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-10-20
FOREIGN.
The News by the aIis.ous, and the Cambria.
NTEEN DAYS LATER FROM EURO

commercial intelligence by those arrivals. The New
York papers received to-day contain further details as
follows: l'
s From the New York Journal of Commerce.
sixteen Days later from Europe.
The steamer Missouri Capt MORN, reached the wharf
early this morning, having LETT Cherbourg, France, on
the 27th ult
About the same time the arrival of the steamer Cam
bria, at Boston, from Liverpool, announced by tee-
graph she having left on the 5th instant
The general aspect OF commercial and business nell-
gence is unsatisfactory Further failures have taken
place in England Owing TO the scarcity OF. money,
breadsufs had suffered decline, except Indian corn,
though at the very latest date there was partial adj
vance. Cotton was also down. dltt NJ
The steamer Missouri, Capt MORN, left Cherbourg on
The LIST OF October, at 2 M, and arrived at New York
this morning at ., a. M She cast anchor al Sandy Hook
last evening al lO-makng passage OF nearly 10 days.
She bindered by very bad weather From the 9th to
the 9th she in gale violent, that during the
the sea was very heavy, the ship behaved admirably
She suffered only the slightest damage to her bows and
wheels. lFHF
The Missouri will return to France Immediately and
this time she will sail directly for Havre where the dock
destined for the steamers has been arranged
to receive her. la ta
in the cabin and 30 in the Storage Among the cabin
passengers are Mr. Swift bearer of dispatches to this
government, eight Catholic priests, and two nuns
COMMERCIAL AND FINANcIAL.-The fearful condition of
mercantile and monetary affairs recorded in our last
summary, and their rapidly eliminating to point Of
distress and arrangement rarely reached by the organs Of
wildly developed in all its disastrous reality One after
another has failure followed upon failure, each one vi
hating throughout every avenue OF trade, INVOLVING
its gloomy consequences those who but for their unor
tunate connection with the deaulters could have with
stood the shock of the commercial storm.
OF the to which this dreary state of
things assgnabe, the most papable appears to be the
mlsregulaton OF the money powera system originating
with the Bank Of England and eagerly initiated by
all other money lenders whereby gold has become
too dear TO buy, and accommodation phantom.
The reflex OF system fatal TO the prosperity of trade
has been deeply felt alike by the merchant and the
ulacturer; the attesalions OF its consequences be
found in narrowing abundance, the crippled counting
houses, and the deserted factory
The failures during the past fotnigh may be enumera
ted as follows: Cockerell & Co., London, f60O,0 o.
Perkins, Schusser, Mullins, Eo5o,OO0 Fry, Grifhs
Co. AMOUNT Of Liabilities not =; a:ssccerainsd; Lya,
900; Cockburn 4 Co; NJ L. Bensusan & Co, Alex
Mcdonald & CO.. and John Shewa & Co., all of Lon
don, whose liabilities also have not been ascertaned &C.
enratey In Manchester The failures and stoppages
Burt, Wabn, & Co, Alfred Armstrong, James Guest &
Co., Stocks & TAFT Edward Potter Co., Render Mil
ner and 3 M Brodh1rst In Liverpool we have to no
Co, j. s. M. Murray VIM. Aitherton Watson, Brothers
Co. IL 81. Tomlinson, and ?. & p. Parry, whose La
bles are estimated at upwards Of million sterling,
SIX or seven houses in Glasgow, including the firm of
Re, Robertson, Co.. have yielded to the pressure, the
last named of which chiefly falls upon Manchester. An
berlidge Co, whose liabilities reach 100000; and we
have also 70 add the suspension OF f. M Cooper Co.,
and F. ii. Glover.
went remarkable fluctuation Thursday was one OF
the heaviest days that had been experienced On Friday
il was announced that the Bank Of England would, for
the present. discontinue altogether its advances stock
and exchequer bills the rate OF which had the day before
been raised from to So per cent, and intmaion
also given that the rate of discount for rsclass paper
would henceforth be 81 per cent for bills not having
more than $50 days to run, per cent for bills of not
more than two months date, and 90 for all beyond that
period. decline the immediate consequence, and
the market closed heavily.
On Saturday considerable anxiety was manifested.
which gradually wore away towards the close failure
OF any Importance being announced. Up to o'clock
yesterday, matters had been in very uneasy state For
money, consos commenced at sal after which sales
effected at s3a for accoun the highest price after open
ing $50, and subsequently sis. Foreign securities
had diminished IN value and very small amount OF bu-
siness had been transacted
General Intelligence.
Parliament will be convened on the 18th instant, but
not for the despatch of business.
The most painful intelligence by this steamer is of the
death of the Hon. Alexander f. Everett, the American
of June. He, had only arrived in that city, few days
with his family, to take possession of a new house.
There is little or no news from Portugal,
The packet-ship Columbia had arrived at Liverpool, |
and the Utica at Ilavre.
Our last arrivals from Italy bring news of import
ance though they make known the cause Of the riot
appears, arose out OF the nomination OF the officers OF
the national guard.
The Fomeno Of Barcelona of the 10th, pretends that
negotiations for commercial treaty between Spain and
England so lar advanced, that the draugh OF treaty
has been drawn up.
1t has been announced that many of the Russian for
egn diplomass have been called to st. Petersburg.
We row learn that the Prince of Prussia will also pro-
coed to that capital Immediately on his return from the
Rhine This warrants belief that affairs of i'm
rtance about to be discussed at ST. Petersburg.
Almost whatever interest attaches to the contents of
the overland mail just arrived with dates from China to
the 10Th of July belongs to the intelligence from beyond
the straits of Nialacca In China everything appears 10
be assuming unsatisfactory aspect Sir John Davis
obviously understands neither what Is due to Great Brit
ain to China but persists in course which we know
not how to designate with courtesy M
The Madrid journals of the 25th received. The
semo official Journal, the Correo referring to obser
General Narvaez at Madrid says that his nonreturn to
Paris must in nowise be considered as showing want
of Loyalty and obedience to her Majesty.
The Macedonian frigate, Commodore De Kay. was
very near being lost off the of Scotland the l4h
September She escaped with loss of jb, foretop mast
saysa fereopsa and other sails, and with great diff
Guilty reached anchorage of Aran island Subsequent
accounts announced her perfect safety.
DR.. Wiseman has arrived from Rome, charged with
has been permitted to assume the title OF Archbishop of
Westminster which is regarded the prelude to the es
adjustment of Roman Catholic hierarchy in England
desperate conflict has taken place In the Malay seas
between H. M ship Nemesis and II praical prahus, in
which the latter defeated with the loss of 300 killed
and wounded The loss on the part of the British was
men killed and wounded. The news by the overland
mail from India, just received, is generally unnportant
Trade firm at Calcutta, but Hongkong was altogether
at a standsh There had been some slight disturbances
~ Canton which were suppressed by the English au
horlties.
Asiatc cholera is making fearful ravages in Russia
and. consequence OF ITS appearance at Warsaw, the