Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1857-11-14
THE LATEST NEWS.
By Telegraph to the Worcester Daily Spy
FALL OF DELHI.
COTTON AND BREADsTUFFs DECLINE
Large Mercantile Failures.

New York, Nov. I3.-The steamship Ara
bia arrived from Liverpool at O'Clock this
morning. She brings $1,000, 900 in specie.
Dir VIM. Gore Ousley and family are passen-
gers.
The India mail mad arrived, bringing intel
ligence of the fall of Delhi.
The British assaulted Delhi on the I4th of
September, and effected Judgement, and after
six days obstinate resistance, had, on the goth,
, obtained possession of the entire city. NJ
merous mutineers escaped, among them the
King of Delhi and two sons.
The British loss, killed and wounded, up
to the 10th, was six hundred, including fifty
officers
Gen. Wilson ordered no quarter to be Civ
en-, but the. women and children were spared.
Outram has reinforced Havelock at Gavin
pore. The latter started for Lucknow, at
which place the garrison CALAMITY held out.
There were fears of new outbreak at AS
sam. A conspiracy to restore the ex- Raiah,
had been discovered.
The Bombay Presidency was favorable still,
although few cases Of disafection had &C.
Cured.
A serious plot had been discovered to muir
der the Europeans at Kurrachee, but it was
thwarted.
Considerable reinforcements had arrived at
Calcutta. The markets at Calcutta were dull,
but at Bombay active
The Borough Bank, Liverpool, suspended
on the 9th. Deposits estimated at million
and half sterling, fully fully secured. Lila.
bilities of the bank in bills and endorsements
supposed three millions sterling.
Several Liverpool firms have suspended,
names not mentioned.
Other failures comprise Thornton, Higgins,
Ward, Co., Manchester, liabilities half a
million, w. & H. Brand s. Co London, in
the American trade, liabilities Gl40, 900.
Charles Smith & Co., Manchester, James
Condie, Perth, ESQ., 900.
The American horses Prioress and Babylon,
were badly beaten in the race for the Cam
bridgeshire stakes.
Sir w. Gore Ouseley goes out as special
minister to Central America, via Washington.
Gen. Cavaignac had died suddenly of dis,
ease of the heart.
The Prince OF Prussia has undertaken to
conduct public affairs, The King was i'm
proving.
The Swiss elections largely favored the lib
erals. ha
There were more failures at Venice, but the
worst of the crisis was believed to be over.
According to the Pekin Gazette, the policy
OF 9eh at Canton had not met with the ap-
proval of the Imperial Government.
The Russian war steamer America had ar
rived at Shanghai from the Amoor, with the
Russian Admiral on board, who, it was said,
was on diplomatic mission.
A French steamer and Gen. Boul had pro-
ceeded to the Gulf of Tarquin, in Gomez
quence OF the i'll treatment that some Of the
missionaries had met with in Cochin China
A letter from the Foo Choo Foo authorities
agreed to take Mexican dollars at per cent.
discount, in payment for duties. They now
object to receive them at their market value,
The papers of American vessels are given up,
on proof that Mexican dollars had been ten
dered in payment Of the duties. The British
Consul requires that the authorities be salts
fed
Lord Elgin was expected at Hong Kong,
by the end of September, and says the cores
pendent of the Daily Meas, about the same
time we look for the advent of the Hon. Mr..
Reed from the United States, and Baron
Gross from France, when the three diplomat
lists will probably make fair start for Pekin.
1t is said that the Emperor has minated
by the vermillion pencil that he knows what
is going on, that he will not receive any EN-.
bassy, and will leave the barbarlans to do their
| best or worst.
The same correspondent predicts war with
China on large scale, and intimates that
several Russian officers had arrived at Pekiu
under the pretext of being en- route for the
Amoor settlement.
Hong Kong sterling exchange was quoted
at As. 8 lid There has been fair inquiry
for imports at Shangnae.
The arrivals Of tea were scarce, and prices
had advanced to three per cent silk un.
changed; rice dull and flour lower. Ex-
change on England 6s, 3d. IS. Cd.
| The steamer Metropolis arrived at South.
ampton on the 18th. Her dates are from Rio
Janeiro, Oct 18th, Bahia 9th, Pernambuco
! Sth.
| At Rio Janeiro the coffee market freights
/ were dull. Exchange on London IL a
3-4d. Flour quiet.
No advices have come to hand from Bahia
or Pernambuco.
MONETARY AFFAIRS IN ENGLAND
The Arabias advces were published in London on the
18th UT. The Times, dated that evening" says; the
| entire suspension Of specie payments by the New York
and Boston banks the most satisfactory announcement
that could have been looked forn The papers generally
regard the matter in much the light On the Stock
Exchange the at first regarded unfavorabe
and Oonsols opened at decline Of eighth but this
was soon more than recovered and the of the
capture o Delhi becoming known, the market became
very firm, and the closing price 49, Ehe demand for
discount the bauk excessive under the apprehen
sion Of further rise in tbs rate but took place
The suspension Of Ward Ii. Brand Co, of London
engaged in large American transactions, announced;
liabilities stated $l4O 600. On Tuesday the suspension
Of the Borough Bank Of Liverpool place, owing to
the refusal OF the Bank Of England certain ad-
The claims of depositors stated at nearly
million and half sterling but the capital of the Bank
would ultimately meet all demands The event created
considerable embarrassment in Liverpool and later in the
week several firms suspended 10 consequence. On the
Stock Exchange the funds declined per under this
| bank failure.
Ga Wednesday, the aivices by the City Of Washington
were Published and served to strengthen the favorable
Impression made by the Arabia's The funds fuc
uated somewhat during the day and was in very active
demand The house of Thomson, Higgins, Ward, & Co.,
Of Understood and Manchester, faled with liabilities
for half million sterling, in the American trade Sew
era other American houses hard pressed but it was
expected they would get through Charles Smith Co.!
Of Manchester, in the muslin trade brought down
in connection with the difficulties in Glasgow.
The Western Bank OF Scotland, at Glasgow, had been
10 difficulties, but it announced that would receive
full aid to meet them 1t is said that one Of the condi-
tons under which aid furnished was that the Bank
should ultimately wind up Its deposits reported to
| amount to about $4,000, 900.
On Friday, the stock market active at an advance
and consols closed at s93 S94 for money, and S9l sol
| for account. Y
Money continued in good demand at about per cent
The bullion in the Bank of England decreased during the
week &15l,5s4
WashintOn Matters,
| WASHINGTON, Nov. l3.--General Cass re-