Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1857-11-24
BY THE UNION LINE.
TO TIE DAILY 1NTELLIG TN GER.
OFFICE. CORNER wArEn AND MONROE SWEETS.
FOREIGN NEWS.
ARRIVAL OF THE STEAMER ATLANTIC


arrived out on the 9th inst. aud the Hangar,
on the llti Tie news brought by the Atlantic
is very important, it embraces late advices from
India and the progress of the financial crisis
The stringency i'll the money market continued
undated and the Bank of EugiInd had again
advanced thcratc of discount per cent, making
the present rate 10 per cent.
Tic latest adviceS from Liverpool announce
that the city Bank Of Glasgow had stopped pay
ment on Wednesday morning. McssrS. Armes-
town & Co, have Jailed. Liabilities estimated
at LOCO, HOU sterling, also the Western Bank of
Scotland, with deposits amounting to G,OOU,GUo
sterling.
Babcock & Co, of Liverpool and New York,
have failed. Liabilities said to be $500, U00--
Several other failures announced, with liabili-
ties to small amounts.
Later advices have been received, confirming
the capture of Delhi. The garrison at Lucknow
had been relieved by Gen. llavclock, Just as the
enemy were ready TO blow it up. a large por.
ton OF the city had been captured. Gen. Mel
had been killed and the King of Delhi had Snl-
rendered and his life spared; his two sons were
shot.
LIVERPOOL 1Oth-The Breadstuffs market
has been very dull all descriptions have declin-
Cd Richardson, Spence Co.'S circular quote
flour dull at 6dals decline and difficult to sell
even at that decline Wheat Qnict at 2da3d low
er, middling lower qualities being most affected.
in the provision market have been unimportamt
and generally lower rates from last report.
LONDON, lO.-On Monday the Bank of Eng
land raised the rate of discount to 10 per cent.
and the market closed to-day decidedly more
stringent The closing quotations for ConSo!S
being S8S a69 for money and S9Sa994 for account.
The failure of Dcnneston q Co., occurred ON
the 7lh, but had not transpircd until after the
sailing of Saturdays steamer. The firm was
one OF the heaviest in Great Britain, connected
with American trade ,,rhe principal house
was in Glasgow, but there were branches in
London, Liverpool, New York, New Orleans and
Melbourne, but the Australian house is not
compromised by the SUSPENSION: The cessation
of American renittanceS was the sole cause of
the suspension, which will probably be but tenn
porary, as the private resources Of the parties
are very large.
The Western Bank of Scotland, at Glasgow,
which has also suspended, had paid up capital
1900, 0O0. pounds and deposits forming an aggr>~
gate OF 5000, OUU pounds. The business OF the
Bank was immense. 1t had 100 branches in
Scotland, the proprietary members OF which
are very wealthy and no material loss is appre-
hended
Telegraphic advices in advance of our over
land mail had been received at London, two
weeks later adviccs than the previous intelli-
gence. Delhi was in complete possession of
the British on the Dist OF September. Gen.
NAASSN "a -
assault.
The LATEST NEws.-It was rvmored in Liv-
.erpool=tha the Bank of France had stopped pay
ment, but the report it is belived grew out of
another advance in the rates of discount.
The American adVices were regarded us moro
favorable. There was nearly total suspension
of Withdrawals of specie from the Bank. 1t
was reported that the American House, of John
Munroe & Co., of Paris had stopped. Caller,
Kemp Il Bros, of Amsterdam, had faiied. The
populations from Liverpool and Glasgow were
unsuccessful III their endcayOrS to induce the
Government to adopt measures of relief The
Manchester Commercial Association had declined
to participate in the movement Of Tuesday
Funds were buoyant and advanced to 80: 1000
sovcreigns were taken from the Bank Of Eng
land for Scotland. The suspension of the W eS-
tern Bank had caused run on all the other
Banks, including many Savings Institutions
There was less uneasincss in mercantile quar-
ters, but u pressing demand Tor discounts pre-
vailed.
The Senate at Frankfort las interdicted the
residence there of an old political refugee named
FrOebel, who sometime since has become an
American citizen The American Consul has
protested against this isterdict, and lie intends
to suspend his relations unless the order for the
expulsion of Froebel is recall
RuSsIA.-A Russian War steamer had been
wrecked in the Caspian Sea. The Captain,
three Lieuts. and eighteen men were drowned
ExGLAND.-Thc Government has arranged
with the Oriental Mail Steamship Co. for Tie
conveyance Of weekly mail tOand from India
Business in American Securities was limited
The Atlantic Telegraph Co. had decided to
renew operations for laying of the cable the
latter part of June next, commencing in the
middle of the Atlantic us originally designed.
Messrs. Glass and Elliott have commenced the
construction of additional cables, making 5000
miles in all. Easton and Ames were building
paying out machine.
PnLIADElPnIA, Nov. 28-The following adj
ditional suspensions are reported: Bennerich,
Twentsnnn & Rim, of London, connected with
the Manchester silk trade, liabilities from two
to three hundred thousand dollars; Broadway &
Barclay, East India trade, of London, liabilities
$20O,OOO; Babcock & Co., of Glasgow and New
York, liabilities $3OO,oOO; Henry Dutilh & Co,
of Liverpool; Foot u Sons, Silk manufacturers,
of London. The funds of Monday declined Id
under the rise of the Bank rates but subsequent
ly there was reaction.
FROM PITTSBURGH.
NOVEMBER 29.-The Supreme Court affirmed
the action of the Criminal Court in the case of
Charlotte Jones, Fife aud Monroe Stewart, the
McKecsport murderers, who had been sentenced