The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-12-10

~ssN~1 SA oatAtuaf, tHo Ztat llkSt.. tfta
cry ei mercantile confidence made farther pro.
I'ess hotNithstand'ng the serious foatares of the
Bank return. The fgads opened firm and nm ad
lance ~ prices took place, but subsequently, thore
n, s8hs reaction ewing TO report of fresh
banking aiincaity In the north of Eaglana, which
report, howeper, proved to DO unfuunded
loans on government security were readily OBJ
talhable for short periods at lower rates. About
1soo.01 OF Australia gold sold to the bank
during the day.
un 'iohday, the I'D, according to the Times. the
tone OF improvement ia all departments of mer-
camille business was more distinct than az anv
TINE since ths nrst turn became Observable
There was continued absence of further fallurss
aud an additional amount of bulliop--FI6 Csnb
vas taken 10 the bank. On the Stock Exchanre
there was an increased supply Of money, and sbort
loshs were ootainable on government secu, iies AT
per cent. Al the Bank Of England the d.r,.ns
was also less heavy. From these facts the Timss
says that the state Of actual panic may be con,
sidereu to have entirely passed away On the
Stock Exchange slight decline took place Ia con,
sos owing 70 some speculative sales, but the mar,
kst closed steadily.
Heavy failures at Hamburg were reported, inc,u,
ding Messrs. Cliberg aud Crener Ia the Swedish
trade, with liabilities estimated more than IN L.
non pounds sterling and Il. BIass and Schoru-
oufs', whose liabilities are not stated. From Bre-
nien The suspension was reFoI ted Of H. Overlook
aud Suseebberg and Meyer, the liabilities in each
case being only about $4,000. At smyrna the
house OF 4opuz Co. had suspended. Liabilities
E400oJ-
The money panic in Ireland had completely sub.
sided.
The Times City article dated Tuesday evening.
the 24th says with regard the state OF affairs oi,
that day: "A steady flow of bullion TO the bank
assists the tenoeucy to restoration of confidence
and altogether better feeling prevails although
some additional failures have occasioned deep re-
get.
In the Stock Exchange to-day owing to the
large investments of the public, the supply OF
nd rh
meut securities could be obtained readily at d to
per ce.t. At the Bank of Englaad the applica-
tl"ns continue TO gradually diminish, and as the
repay'n"ats now falling due there are extremely
large, yae weekly returas are heuceforth likely IN
show considerable improvement. In the Iiscnu pt
market also there were signs OF relaxation"
The gold taken to the bank within a week
amounted 10 fs3O,0oo, exclusive of any soyereigus
that may have been returned from Scotland or else.
where
The funds were buoyant aud Consos closed AZ
s91s a 901s for money aud 80 90l4 for account
The failures OF the day were Herman Sllern &
Co., liabilities heavy; Carr. Joslng Co. in north
OF Europe trade. liabilities f3OO0Oo; Alexander
HintZ Co., colonial produce dealers liabilities
large; all Of London; Pension & Marshall, Ameri
can provision dealers, Liverpool, and Jonathan
Bottomley, spinner, Bradford
dispatch from Hamburg of the 24th saws: "a
new institution intended to relieve commercial
distress was announced here to-day called the
Discount Guarantee Society with ten million marks
bsBco capital. The whole amount WAS Subscribed
in four hours"
In psr,s on the 2ith, the funds closed at 66f o.
for money, and eff for account
Rumors were current of probable funding OF
the Exchequtr Bills.
The London papers of Tuesday report AN active
demand for American Securities on the previous
day. iinois Central and Erie Bonds improved
but the shares oi the former receded 81
GREAT BRITAIN
The London Times has leader upon the demon.
strations of the unemployed workingmen in New
York and elsewhere i'll which it draws the infer.
that the social condition of the Atlantic cities
Is rapidly tending to similarity with that which
prevails in Europe, and that the Northern seaboa rd
States will probably have in their turn to struggle
against many of the evils which England has had
to battle with.
Generals Wilson and Hsvelock are to be raised to
the dignity of Baronets, the former Sir Archdae
Wilson of Delhi and the latter as Sir Henry Have
lock of Lucknow.
The London Times in leader upon the activity
in the slave trade questions the policy of
ing 50 expensive and Intellectual preventive AZ the
squadron employed on the African coast, and again
advances the encouragement of free African labor
as more likely remedy.
The Daily News draws attention editorially to
the friendly relations which President buchanan ia
seeking to secure between Brazil and the United
States and the great advantages likely to accrue 10
the latter power therefrom. The News asserts that
political as well as commercial relationship il
sought for.
NJ Fould Minister of State, was on a visit to
London. His visit was supposed to have reference
to the financial crisis and the situation of the
Bank; and it also reported that he was to con-
fer with Lord Paimerston in reference to the diff
culties of the Danubian Priucipalities.
The Emperor and Empress had returned to Pa
ris.
The Rank of France was gaining specie.
The MoHiteur announces the appointment of VI.
Dupn as Procureur Imperial in the Court of Cas-
satlOn A uisDatCh from Paris the sufipcf
says M. Dupin was formerly President of the
National Assembly. lie also one of the most
notable adherents of the 0rleanst party, aud his
acceptance of office under the Empire has caused
great sensation ia Paris"
SPAIN.
The Paris correspondent of the London Times,
writing on the I'D November, says:
"lf the English and French Governments differ
about Molda Wallachia, they perfectly agree ON all
the affairs of Spain, present and contingent Lord
Howden is about TO return to Madrid. His Lord
ship has been detained here some time by the
Mexican question, which still present some difii-
Guilty and even danger, if left unsettled. 1t is un-
derstood that Lord Howden is charged TO show the
Spanish Government the expediency of receiving
NJ. Lafragua, (the Mexican Envoy,) and thus al
lowing the mediation Of England and France to
proceed without delay, as, beyond doubt, there ia
numerous party the borders of the United
States and Mexico only waiting fer an opportunity
to envenom the QUARREL In order TO turn 1t to their
own advantage.
''Nhile the British Minister at the Court of Mad
rid has instructions to this effect the French Min
lister in Mexico will receive others to endeavor to
persuade that Government to withdraw its pre-
tension of having NJ. lafragua received at Madrid
an Indispensable preliminary. Ii is hoped that
this double action of Lord lIowdea at Madrid and
VI. de Gabrial in Mexico, will prevent explosion
which will most certainly infict much damage on all
concerned, if the Governments of Spain and Mex
CO continue ia their present o6stinacy, and allow
so much danger to both to follow from question
of VI nifty and point OF etiquette"
PORTUGAL.
Lisbon dates are to the 18th November Yellow
fever still ravaging the city, the number Of
deaths being about eighty day. The Cardinal
Patriarch had died of the fever.
The Bank of Lisbon was about to raise the rate
of discount, which had stood at per cent
RUSSIA.
Prince Gaearin, Governor General of Kulas and
Mingrelia, had been asslsinated BY one Of the So
vereign princes of Mingrelis.
Letters from st. Petersburg report that the fl
naneal crisis beginning sensbIy to affect Rus
sa Gold had become very scarce and exchange on
London had fallen.
financial and commercial crisis. The prices of raw
produce decline daily, aud money was so scarce
that manufactured goods found but lew wholesale
purchasers.
Vienna dispatch of the 23d reports renewed
dullness on that day. Exchange on London as
high as 10 80.
The latest details of the gunpowder explosion at
Maysnce, report the recovery of tweDtyeight dead
bodies and the number of wounded at many hun
dreds. Fiityseyen houses were completely de-
stroyed, while there not q house in town
which had not mere or less suffered.
THE LATEST.
LONDON, Wednesday, Nov. 25.-Prince Daniels has
issued decree for the Naturalization of church
property in Montenegro, and the payment Of the
clergy out of the public treasury.
The Swiss Consul General ut kio Janeiro has adj
dressed TO the French Council report ON the
lsmentabie position Of a great number of Swiss
Colonies Ia Brazil. lie expressed hope that the
Swiss authorities will find the of totally pre-
venting emigration TO Brazil.
The Bank Of Algeria has reduced its discount