Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1847-10-23

their independence and their favorable dispositions
towards the Greeks.
The Courier Frmcais publishes long letter. dated Rome
September IA, and signed Roohan General Of the Com
pany Of Jesus which denies, in the solemn and formal
MANNER The current accusation against the Jesus that they
are hostile to the Pope and in league with Austria.
INDIA AND CAUSE.-THE last overland mail brings dates
from Calcutta to August Z, Madras August 49, and from
China to the oath of July No disturbances had occurred at
Canton The English are about occupyng the ground aot
ted them ON the island Of Honan grant of land on Hog
Lanein Canton, had also been made the English SO as
to separate the factories from the Chinese city, Ground for
an English also demanded Notwithstanding these
pacific reports however, English commerce with China was
suffering from unusual inactivity.
LIVERPOOL, OCTOBER S, Is47-l2 o'cLocK
CohS, &c-Best Western canal flour 26s 26s. Cd per
paire Richmond and Alexandria 25s. 25s. 3D. Phila-
dephia and Baltimore 25. 25s Cd New Orleans and
Ohio 22s TO 24s Canadian 25s to 26s sour l9s TO 2s
white and mixed wheat Is to s. per 7Obs red 6s 3d. to
Is ID. oats, per 45lbs 2s 3d. 10 Is Sd oatmeal ner
240lbs 24s to 26s Indian corn per quarter 30s TO ass
INDIAN meal l4s to los per barrel barley per 60bs, 3s
as, rye not quoted.
The belief entertained at the departure the last steamer
hat the upward tendency then indicated n this market would
De maintained has, by the terrific of the last fort
night been wholly dspeed From number of causes the
most startling OF which the unparalleled arrangement the
money market the price OF breadsus gradually but sea
dy retrograded the only article which has preserved its
irmness being Indian sackened demand has of
course materially contributed 10 this result but this must
be regarded as merely temporary.
At the London exchange Yesterday the arrivals If
English grain were small owing to which and the unusually
large attendance Of purchasers the demand ac
1--WE at an advance Of from one to two shngs quarter
upon the previous Mondays quotations Notwithstanding the
large supplies again brought forward average amount of
business was done, and the market closed firmly.
CoTToS-New Orleans, ordinary to middlng Sd. sgd;
fair to good fair 6ad SD good to fine I'D. SD Mo
bile, ordinary to mddng, 3D. SD fair good fair 6sd
61d good fair SD Alabama and Tennessee ordinary
to middlng 3D. SD fair good fair sgd Bowed Geor-
gia, ordinary mddling, 3d. SD fair to good fair 6ad
3d. , good to fine 6bd 62d Sea Island ordinary to
middlng Sd l04d fair good fair I'D. Id good
to fine l5d. 3d. stained ranges from 3D. Std.
The prices Of cotton since last advices have it will be
Observed seriously recededa circumstance inisputaby
sultng from the aggravated condition of the money Market
and the consequent mpossby, in the instances
Of obtaining accommodation the universal panic which has
seized upon manufactures and the total extinction of every
thing like speculative effort In the lower quality particularly
the decline is severely felt and operations since the ar
rival OF the Caledonia have been of the most limited cha
racter.
COMMERCIAL AND FrNAScIAL.-The fearful condition of
mercantile and monetary affairs recorded in last summary
and then rapidly eliminating point of distress and de-
angement rarely reached by the organs commercial VISION
has within the last fortnight become wildly developed in all
its disastrous reality One after another has failure followed
upon failure each vibrating throughout every
trade and involving in its gloomy consequences those who
but for their unfortunate connexion with the defauler could
have withstood the shock of the commercial OF the
numerous to which this deary of things
gnabe, the most papabe appears be the msreguaon Of
the money system originating with the Bank of
England, and eagerly initiated by all other money LENDERS
whereby gold has become dear buy
phantom The reflex of system fatal the prosperity
Of trade has been deeply felt alike by the merchant and the
manufacturer and the aesaons of its consequences be
found IN narrowing abundance in the crippled counting
and the deserted factory.
The failures during the fortnight CockereIl & Co.,
London, e600, 600 Perkins, Schlusser & Mullins G250
600 Fry, Griiihs IL Co., amount of liabilities not
nnad.I .yac Rrntba &r(o
IL Co., ESQ, 900; Cockburn & Co., M. L. Bensusan &
Co., Alex. Mcdonald Co., and John Shewall & Co., all
OF London whose liabilities also have not been asceained
curaely In Manchester the failures and soppages Burt
Wabn d. Co., Alfred Armstrong, James Guest IL Co.,
Stocks & Tart Edward Porter & Co., Render & Miner,
and e. M Broadhurst In Liverpool have to notice the
suspension of HI Steel & Co., Lake, Carlow & Co., J. &
M. Murray, William Atherton, Watson, Brothers & Co.,
w. & J. Tomlnson, and E. * p. Parry, whose Liabilities
estimated at upwards of million sterling Six
houses in Glasgow including the firm Of Reid Robertson &c
Co.. have yielded TO the pessurehe last named Of which
chiefly falls upon Manchester An earlier failure (omtted
be noticed, is that Of Alison, Cumberlege & Co. whose liza
bites reach f60o, 900 and have also add the
pension Of E. NJ. Cooper & Co. and F. H. Glover.
During the whole Of the past week the English funds I'M
derwen remarkable uctuaon Thursday was one of the
heaviest days that have been experienced On Friday
announced that the Bank Of England would for the present
discontinue altogether its advances stock Exchequer
bills the rate of which had the day before been raised from
to 81 per cent, and inmaton also given that the
of discount for FIRST class paper would henceoh be 81 per
cent for bills having than fifteen days rum per
cent for bills of not than two months and 81 for all
beyond that period. decline the immediate
quence, and the market closed heavily On Saturday consi
derable anxiety manifested which gradually away
towards the close, failure of any importance being
nounced Up two o'clock yesterday matters had beeen
a very uneasy state.
For money! consos commenced at SAL, after which sales
effected s3 for the highest price after OPEN
ing $50, and subsequently $50. Foreign securities
had diminished in value and very small Of business
has been transacted.
-. I,.I l.
considerable though nnlookedfo activity, and prices up
this show decided tendency ascend Some pur-
chases OF Western canal flour have already been made
per barrel Wheat is also firm, and Indian in
demand at advance.
The transactions of this morning Of the
angud character in shorwihout the slightest disposition
to reaction.