The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-10-27
FOUR DAYS LATER FROM EUROPE.
AR RIVAL OF THE BALTICl

FOUR DAYS LATER FROM EUROPE.
ARRIVAL OF THE BALrIci
LATER FROM INDIA.
TIcT0RIEs OYER THE HU7TNEERs,
&C., &C., &c.
The steamer Baltic arrived at New York, Sunday
with dates from Liverpool to the 1sth inst She
brings 100000 in specie and 160 passengers.-
The American ship Lexington had been totally lost
near yaIsntia.
FROM INDIA
Dates from Delhi to August 30th, state that an
immediate assault was anticipated The rebels
had been defeated on the 26th with the loss of all
Cawnpore on the 9th OF Septeinber, to join Have
lock. 1t was expected that the garrison OF Luck
now would lie relieved on the 18th. Havelock de-
feated the rebels at Bithvar the 18th of August
then returned TO Cawnpore. The mutiny of the
fifty-first native infantry was crushed. The garri
son Mt Arvah arrived safely at Dinapore. The rebel
force at Ingdespore was broken. The insurgents
at Dinapore were endeavoring to reach Delhi The
twenty-third fusileers had arrived at Calcutta
Central India continues undisturbed. No further
outbreaks at Bombay. The Madras presidency was
tranquil.
Lord Elgin had proceeded to Hong Kong.
The Persians evacuated IIerat on the 9th of
July.
Imports at Bombay were advancing Money was
plenty and exchange 2s. Sd. The Bank of Bengal
had refused advances on the India Company's
paper.
Another dispatch says that HaveIock was await.
Ing reinforcements ut Gawnpore before attacking
Lucknow. The GARRISON of the latter place was
bravely holding out having again defeated the
rebels with severe loss. The rebels from Dude
were threatening Allahabad and Renares and ,bo
ffty-fifth native Bengal infantry had been tisarm
ed. Large bodies of troops were marching from
Calcutta towards Allahabad The Punjab contin
ues tranquil. Twenty-Five hundred troops had ar
rived at Mauritus.
The export of goods at Calcutta had declined. and
imports were dull. Money was exclusively scarce
Lucknow was still calamity holding out and
wouid be relieved about the middle of September.
Lord Elgin had left Calcutta for Cluma
The China mail failed to connect at Cevlon.
Gen. Nicholson had defeated the rebels at Na;of
Char, with the loss of their guns Gen. Uay.Iock
had defeated the rebels near kithoon
On the nth OF August, the garrison of Luck
now made successful sortie, captured the guns
d.provisons of the Dinapore mutiDeerswho ,ysrs
again defeated by Major Eyre.
A dispatch to the London Post saws that the
British forces had attacked Lucknow castle and
spiked the guns, irficting heavy loss on the enc
my.
There Is an extensive money pressure at Lon
don, and further advance in the rates of interest
was feared. Consos had huctuated greatly. bav
Ing been as low as S6;s, but rallied.
Inc o"hh vi Duoiln mas advanced its rates to
per cent, and the Bank of France to az. There
was also great pressure at Vienna
Messrs Ross, Mitchell & Co.. a Canadian house
at London, has failed-liablities quarter of a mil
lion; assets larger, ~
j. Monteith CO., and other Glasgow houses
have suspended to large amounts.
The Hing OF Prussia was better but still in a
critical condition.
ihe meeting of the Emperors of France and Aus
tria was still talked of.
FINANCIAL AFFAIRS
From the Times of Oct. 12J
The funds declined 4 Per cent. The demand for
discounts at bank is more numerous than any du-
ring the month. Sixty thousand pounds were also
Withdrawn for expectation. The American adyices
per Persia show that many months must elanse
before it's consequences here will be retrieved
The Chief danger of gold being sent hence to New
York is on account of large additional purchases
oil securities, which capitalists have bsen
tempted 10 make at present prices. As respects
commercial losses to be sustained this side yery
heavy amounts are believed to have fallcnon Lyons
and Parls-Manchester, Bradford and Glasgow will
also suffer considerably.
From the Times of the 13th1
The bank to-day raised the discount to per cent
This nies sure was fully anticipated, and from the
extent OF the applications to-day it 10 doubtful if
further movement will not Immediately be found
necessary. The amount of bullion withdrawn
from the bank has been only nine thousand pounds
put IL Is asserted that four hundred thousand
pounds will be dispatched by the Baltic and Per
sia on Wednesday and Saturday next and as the
indla exchanges show an adverse alteration, it is
also anticipated that the shipments in that direc
tlon In this mail of 10th will be larger than at any
other time thought probable. With these pros
poets, fresh advance in the rate of discount can
scarcely be avoided, and perhaps we NAV again
see the rate of eight per cent, Mt which il stood
in October, 1877. In proportion however. to tn.
suddenuess OF the pressure, will be the rapiity of
the ultimate reaction. There is nothing 10 excite
apprehension that the disturbance will be prJ-
tracted.
The sole cause of anxiety is the fall of sucb
houses in the provinces and elsewhere, as are un.
ayodably compromised by the American failures
and fluctuations in the market for Eastern pro-
duce. This should not beget, however. any vague
terror calculated to lead men to single day of
general financial dIstrust. The belief is however
that the decided action of the bank has removed
all danger that account. Altogether the feeling
exhibited to-day was such to excite pride in our
healthful system of finance, and to confirm the i'm
preston that. although the shock from America
comes upon us in the midst of the Indian mutiny
we shall be able to withstand it: so that its con-
heavy as they must necessarily be- shall
not destroy conideIcc or interrupt the general
welfare OF the country. The fluctuations in the
funds to-day have been extremely great
Four failures were announced from Glasgow TO-
day. The principal one was that of j. Monteith &
Co, whose liabilities believed to be extensive
They were large shippers of Glasgow goods to
houses
terson & Co, Macdonald Co., and Wallace & Co
From The Times Of the I4th
The quotation of gold at Paris is nearly two
tenths per cent. dearer than in London and at
Hamburg fivetcnths dearer. The fluctuations in
the funds to-day have again been rapid and exteu-
sive.
The market opened with great weakness. bu.
there was subsequently, considerable reaction and
healthful tone in all departments OF business
Consols flor money were first quoted at S6l1 No
sales, however. were pressed and gradual recovery
took place. which was assisted by several purchases
on the part of the public.
The ministerial crisis at Madrid still continued
Bravo and Murilo still refuse to form a ministry.
There was apprehensions of fufther disturbances
in Italy.
THE MARKETS
LtrerT0ol, Oct. 14.--Cotton-Sales for the last
three days 10000 bales, of which spectators took
Z 900 and exporters 900 bales. The market OPEN
ed buoyant, but closed dull. Prices generally un-
changed
Breadstufs.-The market is quiet, and all quail
ties have slightly declined.
LIVERPOOL, Oct. 4-Flour is dull at a decline Of
Cd, being chiefly on superior qualities Wheat is
quiet; red has declined Id ID, and white ID 3D.
Corn is steady; mixed 36s. Cd. a 37s yellow 37s
I'd; white Ais. 42s.
Sugar is dull. Rosin steady at is. Cd. a 4s I'd
spritf Turpentne is steady at 3ss sos. Rice is
quiet.
LONDON, Oct. 14.-Flour has declining tendency.
Wheat is dull at n decline of ID. Sugar is heavy,
at decline of I'd. 81.
LATEST.
LIVERPOOL, 3 o'clock p. M--Cotton is quiet. but
steady. Flour steady. Wheat has n declining ten
doncy. Corn is steady. Provisions quiet
The money market is decidedly more stringent
Bank rates have advanced to per cent.
Consols had considerably declined, but rallied
and closed at 81 % S73I.
LONDON. O'Clock L. M.-Cousois closed at s771
s. for money, and SS1t for account.
ORANGE AND ALEXANDRIA RAILRoAp-The animal
report OF the operations this road for the year
ending September 30th, 1857, shows that the reve-
nue earned in the several months of the year Is
fH3,2ii.s2. By comparing the several sources of
TayeDua with fhosa of In vaap tha ,,aesa,rar ra