The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-11-24
Later from Europe!
ARRIVAL OF THE
ATLANTIC.

steamer Asia arrived out on the 9th and the
Kangaroo on the 18th.
The news brought by the Atlantic is very
important. Ii embraces late advices from
India. and the progress of the financial crisis.
The stringency N the money market con-
times undated, and the Bank of England
again advanced the rate of discount i per
cent making the present rate 10 per cent.
Latest adviccs from Liverpool announce
that the City Bank of Glasgow stopped paw
ment on Wednesday morning. Messrs. Den
niston u Co. have failed with liabilities to
the amount of two millions sterling; also the
Western Bank of Scotland with deposits
amounting to six millions sterling. Messrs.
Babcock & Co., of Liverpool, are announced
as having failed.
Later adviccs were received concerning the
capture of Delhi. The garrison at Lucknow
had been relieved by Gen. IIaverlock, Just
the enemy were about to blow it mp. A
large portion of the city had also been cap
tnred. and Gen. Neil killed. The King of
Delhi had surrendered and his life was spared.
His two sons were shot.
LIVERPOOL. Nov 10
Sales of cotton the last three DAYS $500
bales, all taken by the trade. All quotations
have again declined I'D. Market closes very
dull, with tendency to decline still further.
Quotations nominal. Manchester adviccs arc
unfavorablc.
Liverpool Breadstuffs Market has been
very dull. Flour of all descriptions has de-
clined. Richardson, Spencer ~ Co.'S Cirrcu-
lar quote Flour dull a: 6d@ls decline and
difficult to sell even ut the decline Wheat
quct, 2d@3d lower: midling and lower quail
tiles have been most affected. Flour. West
ern Canal. 26s 6d@27s Cd, Philadelphia and
Baltimore 21s@2Ss Sd, Ohio 29s. Wheat,
red, Is 6dG7s Cd, white IS 6d@Ss. Corn
mixed 36@31s. white 40sM4ls.
Liverpool Provision Markct-Pork and
Bacon quoted nominal. and sales have been
unimportant. Lard heavy. Holders are
very pressing on the market at the quota
tons without eifecting sales. Tallow has
sustained Il considerable decline for Old quail
tiles.
London Markets BreadstuiTs quiet and
steady. Sugar heavy ana quotations nomi-
nal ut decline Tor ali qualities.
LONDON, Nov 10Th.
On Monday the Bank of England raised
the rate OF discount to 10 per cent. Money
closes to-day decidedly more stringent. Clo-
sing quotations Tor Consols are SS5@S9 fer
money. and Sg5s@S9sI for account.
The failure oil Dcnnistown a. Co occurred
on the eth, but was not made public until
after the sailing of Saturdays steamer. This
firm was the heaviest house in Great Britain
connected with the American trade. The
principal house was located ut Glasgow, but
there were branches in London. Liverpool,
New York. New Orleans and Melbourne
The Australian house is not compromised by
the suspension. The suspension of American
rcmittances was To some extent the cause OF
the suspension, which will be but temporary
rs the private resources are very large.
he Western Bank Of Glasgow which has
also suspended had paid up capital of ore
million five thousand pounds, and deposits
forming an aggregate OF six million pounds.
The business of the Bank was immense. 1t
had 100 branches in Scotland. The proprie-
tary members are very wealthy. Noercntu-
nj loss Is apprehended.
Telegraphic advices in advance Of the over
! land mail have been received ut London q
fortnight later than the previous intelligence.
Delhi was in the complete possession of the
English on the 2ist OF September. General
Nicholson had died of wounds received in the
assault.
| Tie Latest.
1t was rumorcd M Liverpool on Wclncs
day that the Bank of France had stopped
payment, but it is believed that the report
| grew out OF another advance in the rate oil
discount.
LIVERPOOL, Nov 11--PM
Cotton dull further depressed and lower:
sales of 900 bales.
Breadstuffs very dull.
LONDON, VII
Consols for account are quoted at 9OCl90IS
The following additional suspensions are
reported Bencrieh, TwcntymaE d Riggs. OF
| London. connected with the Manchester silk
trade; liabilities from 2OO. 900 to $50, OOJ:
| Broadway IL Barclay, East India trade OF
London, liabilities goo 900; Babcock Il Co.,
of Glasgow and New York. liabilities s30J. :
| 600; Henry, Duylph * Co of Liverpool:
Foote IL Son, silk manufacturers, London.
The funds OF Monday declined lad under
the rise of bank rates, but subsequently there
was a reaction. The American advices were
regarded as more favorable. There was
nearly total suspension of Withdrawals OF
specie from the Bans.
| Messrs. lloge d Williamson's acceptanccs
of the Liverpool correspondents of VIM. lloge
| * Co., of New York, have been dishonOred.
l. was reported that the American house OF
John Munroe had stopped. Deputatons from
| Liverpool and Glasgow were Unsuccessful in
their endeavors to induce the Government 10
adopt measures of relief. The Manchester
| Commercial Association had declined TO par
ticipate in the movements.
On Tuesday funds were buoyant and ad-
vaneed to So. Four Thousand soevreigns
were taken from the Bank of England for
Scotland. The suspension of the Western
| Bank had caused run on all the other
banks, including many savings institutions
| There was less uneasiness in mercantile quar-
tiers, but q pressing demand for discounts.
| The Senate at Frankfort has interdcted
the residence there of an old political refugee
named Foebel, who sometime since had be-
come an American citizen. Tie American
Consul has protested against the interdic-
ton and threatened to suspend relations un-
less the order for TIE expulsion of Foebel i.
re>cnded.
| RU,sIA-A Russian war steamer has been
wrecked in the Caspian Sea.
The Atlantic Telegraph Company had de-
cided to renew operations for the laying Of
the cable the latter par. of June next, com
meneing Mt the middle of the Atlantic as
originally designed.
| Mrssrs. Glass d Elliott had commenced
the construction of additional cable. making
| it 5000 miles in length. Messrs. Eastin 81
Ames were building new paying out ma
| chimes.