The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-10-20

iactofy' Inc itiiuIeo uuIinK inc past IortnlgnI
may be enumerated as follows
Cockerell & Co., London, f60, 900.
Perkins, Schleisser & Mulens, IE25O, 900.
Fry, Griffiths s, Co.. amount of liabilities not
ascertained.
Lyall Brothers < Co., f400, 900.
Samuel Phillips & Co., fl50, 900.
Cockburn & Co., M. l.. Bensusan & Co., Alex.
Mcdonald & Co., and Jno. Shewell & Co., all
of London, whose liabilities also have not been
ascertained accurately
In Manchester the failures and stoppages are,
Burts, Watson & Co., Alfred Armstrong, Jane s
Guest & Co., Stocks & TAFT, Edward Potter X
Co., Render & Miner and f. M. Broadhurst.
In Liverpool we have to notice the suspension
ofW. Steel & Co., Lake, Calron & Co., J. s. M.
Murray, VIM. Anterior, Watson, Brothers &
Co, w. & ]. Tomlinson, and E. & p. Parry,
whose liabilities are estimated at upwards of a
million sterling.
Six or seven houses in Glasgow, including the
firm OF Reid. Robertson & Co., have yielded to
the pressure, the last named of which chiefly
falls on Manchester. An earlier failure, omitted
to be noticed, is that of Allison, Comberlege &
Co., whose liabilities reach f600, 900; and we
have also to add the suspension of f. M. Cooper
& Co., and II. II. Glover.
During the whole of the past week the Eng
lish funds underwent a remarkable fuctuation
Thursday was one of the heaviest days that had
been experienced. On Friday it was announ-
ced that the Bank of England would, for the
present, discontinue altogether its advances on
stock and exchequer bills, the rate Of which had
the day before been raised from to 81 per cent.
An intimation was also given, that the rate Of
discount for first class paper would henceforth
be 81 per cent, for bills not having more than
fifteen days to run; per cent for bills not over
two months date, and Ct for all beyond that Pc
Rod. A decline was the immediate conse.
quence, and the market closed heavily.
On Saturday, considerable anxiety was mani
tested, which gradually wore away towards the
close no failure of any Importance being an
nounced.
To o'clock yesterday matters had been in
a very uneasy state. For money, csnsols COM
menced at 84I, after which sales were effected
at 832 for account; the highest price after OPEN
ing was s5t, and subsequently Sal Foreign Sc
curities had diminished in value, and very
small amount of business had been transacted.
GENERAL INTELLIGENCE.
Parliament will be convened on the l4th inst,
but not for the despatch OF business.
The Macedonian frlgate, CON- De Kay, was
very near DclnS lOSt OH Tic coast OI SCOtldHQ Oh
the 14th September. She escaped with loss. of
jib fore-tOpmast, staysai fOre-t0psall, and other
sails, and with great difficulty reached an an
chorage under Arran Island. Subsequent ac-
counts announce her perfect safety.
charged with private dispatches for Lord John
Russell. The doctor has been permitted to as
sumo the title of Archbishop Of Westminster,
which is regarded as the prelude to the estab-
llshment of Roman Catholic hierarchy IN
England.
A desperate conflict has taken place in the
Malay seas, between II. M: ship .Nemises, and
eleven piratical prahns, in which the latter
were defeated with the loss of 300 in killed and
wounded The loss on the part of the British
was three men killed, and FIVE wounded.
The news by the overland mail from India,
just received, is generally unlmPortant. Trade
was firm at Calcutta, but Hong Kong was alto
gether at stand still.
there had been some slight disturbances at
Canton, but they were suppressed by the English
authorities.
Asiatic cholera is making fearful ravages in
Warsaw, the Emperor had deferred his visit to
Poland-a circumstance not to be regretted by
the people of that country.
Active preparations are making in Switzer,,
land tor suppressing the SunderbOn by force OF
arms. A sanguinary civil war Is apprehended
from the resolution Of the latter to resist the
Diet. Two cantons alone are prepared with
forty thousand men to take the field.
The news from Italy presents no new fea-
ture.
The Pope is firm, and the Austrians do not
seem inclined to provoke hostilities.
The affairs of Spain are still very unsettled.
list bands, and the entire line OF the Pyrenees
Is in state OF blockade.
The abstraciofa commercial treaty between
Spain and England has been published, but the
terms are rejected by tho British government,
France is not yet tranquil. Considerable cla-
NOR has been raised by the appointment of the
Due d'Aumale to the Governor Generalship OF
Algeria.
payment;of rent and poor rates, and there appears
10 be general movement In favor OF the tenant
right measure.
Father Matthew has declared his intention OF
visiting the United States early in the ensuing
spring. -, ,
The reported marriage of the Duke of We'll
lington and Miss Coutt5 is contradlcted. Miss
Coutts, it is stated, amongst her other acts OF
munlicence and somewhat eccentric benevo.
lence, is founding an asylum tor convicted and
punis shed felons, who have been thrown outcasts
on the world.
1t is announced by the Belfast Northern IVhig
that the Amacos, Capt. Owen, has arrived there,
laden with $500 barrels of flour, shipped by the
Society of Friends at Philadelphia, for the use
OF the destitute Irish.
Der. 6, O'clock, p. M.
The corn market displayed considerable,
though unlocked for, activity; and prices, upeto
Some purchases of Western -four have already
been made at 2Ss. per barrel. Wheat is also
firm, and Indian corn was In demand at an adj
vance.
The cotton transactions of this morning are
of the most languid character-in short, without
the slightest disposition to a reaction.
The respectable house OF VIM. Maury, which
is announced in the Times to have suspended
payment, did not come to a stand-stlll There
was merely a suspension of some hours exist.
ence, which has ceased, Mr.. Mdu-y being now
actively engaged in ordinary operations.
TcIegraphic Despatch, No. y.
Bosror, Oot lo-Night.
The following Ia taken from the London Tmes Of the
5th inst.
This has been Of the most extraordinary days
witnessed In the Stock Exchange, owing tho way In
which they have been taken BY surprise The parties
called upon to repay loans to the bank upon possible
renewal Of which they had calculated up the lh Oct
haxa hasn compeed to part With atock and axoheauar