The day book. [volume] (Norfolk, Va.) 1857-1867, 1857-11-27
L AT EST EW S.
suspension of the Charter of the
Bank of England &c.

Bank of England &c.
QUEBEC, Nov oath. The news by the
steamer Vanderbilt is to Saturday, the
14th instant.
The Respondent condition of monetary
| matters on the departure of the steam
ship Atlantic, on the afternoon of the II
inst, resulted on the following day in a
fearful panic throughout the whole coun-
try. All the banks utterly refused to
discount for their patrons which naturally
added to the wild excitement, until the
afternoon of Thursday, when a treasury
letter appeared in London, and was
instantly transmitted by telegraph to all
the chief cities and towns, suspending
the bank charter act aud authorizing the
issue of notes to any amount on approved
securities. The effect at every point was
instantaneous, and the panic ceased as if
by magic.
At Liverpool, Manchester, Glasgow
and other important cities, the news was
received with the most extravaganza accla-
nations of joy.
The suspension of the City Bank Of
Glasgow on Wednesday, the day the
Atlantic sailed, is confirmed.
We select the following additional list
of suspensions from large number repor-
ted in the English newspapers.
Sanderson, Sandman & Co., London;
Wilson, Moreau & Co., stationers, London;
Fitch & Skeet, London; Draper, Picton &
Co., London; Ban, Broddice & Co., Lon
don; Falman, Grenel & Co., Liverpool;
Coddington & Co., iron merchants. Liver
pool; Mackenzie, Ramsay & Co., Dundee;
Munroe, Grant & Co., Swansea; Sterg-
man & Co., Nottingham.
The London money market was steadier
on the 18th instant, and bank stock sold
at 2092 212. Exchequer bills were
firm.
All kinds of produce Immediately adj
vaneed considerably.
| There had been great money panic in
Scotland, and a heavy run prevailed on
all the banks.
The feeling among the business circles
in Bristol, Manchester, Edinburgh and
other places became more cheerful on
| learning that the Government had au-
! thorized the Bank to extend its issues.
Consols had huctuated considerably,
| but closed with increased steadiness
on Friday at s9s to s94 for money.
The Bank of France had raised it's rate
of discount on 80 days bills to 10 per
cent.
The British Parliament will meet i'm
mediately.
ADDITIONAL NEWS FROM INDIA.
The details of the news from India by
the last mail add few facts of special i'm
portance The latest report from Delhi
states that the loss of the British at that
place, in killed and wounded, was inside
of twelve hundred, including sixty-four
| officers.
| Scindin had brought the mutineers of
the Gwalior contingent under his con-
troll by arraying against them his own
troops, and ten thousand Thakoors, and
by cutting off their supplies.
STATE OF THE MARKETS.
Liverpool Cotton Markets, Noe 10
After the general panic in the market
and decline Of 1dto I'D there was a
recovery on Friday of I'd, the market
closing with an advancing tendency, and
the soles adding up 5000 bales. Quo
tations are nominal and irregular The
stock was 1926, 900 bales, of which 1872
900 were American.
liverpool Breadstu6S Markets. Nou.
13.-Flour closed dull at decline of Cd a
Is since Tuesday. Wheat closed dull,
with decline in the middling and lower
grades of I'D Sd. Corn was quiet, and
all qualities had slightly declined. Wes-
tern canal flour 26s 27s; Philadelphia
and Baltimore 27s 29s; Ohio 29s. Red
wheat IS Sd a Is Cd. White corn 40s
Ais.
Lioe,pool Produce Market.-Pot and
pearl ashes dull. Sugar-No sales of
consequence, but prices steady. Coffee
Sales unimportant Tea--Little inquiry
and prices weak. Spirits turpentine 35s
35s 3d. Tallow-A slight decline in
prices.
London MNkets.-Sugar-The market
is frmer and holders demand an advance
of Is Is Sd over the rates current on
the 9th. Coffee is also in better demand,
and prices are rather higher Rice is
dull and prices nearly nominal. Tallow
is steady at previous rates.
Iron-The market is dull at decline
of Is IS on rails and bars.
From Washington.
WASHINGTON, Nov. 25.-Sir VIM.
Gore Ouseley, notwithstanding the state
ment OF the London Post, is accredited to
| tho rrovarDr,op+c Of +ba Cap+ro1 A N, ar; oo N