The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1857-10-22
FOBGyGN NEWS.

The bark Fanny Major, Capt. Lawton, arrived on
Wednesday last, seventeen days from San Francisco,
with the q. s. Mail of September 9th. She brings
London dates to Aug. 2sd, and San Francisco dates
to Oct. Sd. The news is interesting. but net very
important. We give below a summary of it.
The public mind has been much agitated by the
financial panic which commenced in New York on the
1t of September, after the failure of the Ohio Life
q Trust Company. This institution, with a capital
sgs.two millions, had loaned its credit to the amount Of
seven millions. By its extensive operations and con-
nections in the East and the West, it held a very i'm
portant financial position. and its failure was an indi-
cation of the fall of railroad stocks and trouble among
stock brokers.
A number of stock brokers, Bebee & Co, John
Thompson, Jacob Little, aud others, followed in quisk
succession. Some of the banks were disabled, and a.
run upon the Mechanics Association was commenced.
That institution will have to Yell to the storm, but
the fever in regard to the other city banks is quite
over.
THE RUMoRED SEIZURE OF THE ISLAND OF FoRMo-
sA BY THE AMERICAN FoRcEs.-The Washington COR
respondent of the Philadelphia Press gives a profess
eddy authoritative explanation of the rumor receiyedt
a few days since from China, that Capt. Simms, Of
the U. S. Marine Corps, had been sent to take formal
possession Of the Island OF Formosa. 1t seems from
this tatement, he has gone thither to inquire intos
the circumstances of the alleged i'll treatment, by the
authorities of that island, of the officers and crews of
two American vessels that were sometime since
wrecked in that vicinity and that he was to remain
at Formosa until the matter could be arranged, for
the purpose of rendering $ Legitimate a prior Ameri-
can foothold, in case our Government should look to
future reprisals and occupancy 1t seems from
this, that the statement of our correspondent was
substantially correct, and that our Government is at
least looking forward to the seizure of that island as
a possible contingency. We shall probably hear
more of this matter by the next mail from China
.Nei1 York Times.
Mis-. CUNNINGHAM AGAIN.-0n the 18th instant,
Mrs.-what shall we call her. for if DIR. Maryine
married her, she is no longer Mrs. Cunningham,
though the Surrogate has decreed that she is not
Mrs. Burdell-under the name of Mrs. Emma Angus
ia Burdell, sold out all her real estate in the town of
Bergen, to her lawyer, VIM. H. Stafford, ESQ. She
purchased this property, which G Rprises some twenty
lots, in August, 1856, for $1,000! >She has now sold
it, as viii be seen by the deed, for \ 700. Whether
this indicates that real estate in the IN of Bergen
is on the decline, or whether the low ce is named
to conceal the secret of the amount Of FER lawyers
fee, We can only guess.-yNeUY York Tins.
The New York Times says "a down. own mer-
chant received a remittance f rom one of CORES
~pondents, in the shape of a draft on the [ hio Life
and Trust Company for three thousand dol lrs, ON
the very day on which that institution cid d its
DOORS He Immediately telegraphed the fncy TO bis
debtor, who sent him another draft on John Thomp-
son, which arrived the day after the failure of that
broker the merchant again telegraphed the failure,
and received in a few days another draft on Atwood
& Co., just as that firm suspended.
Inc Atlantic Telegraph has temporarily failed. On
the morning of the 18th met, when three hundred
and thirty-ive miles west of the Irish coast. and while
the 1ssdgdra was proceeding at the rate of four miles
an hour, the brakes were applied in order to lessen
the speed of paying out, and the cable parted some
distance from the stern of the ship. One of the
steamers. with Mr. Field on board, was Immediately
to Portsmouth with intelligence of the dis
aster. Mr.. Field repaired to London to confer with
the directors OF the company, but at the time of the
sailing OF the -dmerica it had not been determined
what course would be pursued. The telegraph squad
ron are to rendezy Gus at Plymouth. There still re-.
manned over two thousand miles Of cable-suficient
TO unite the two continents-and the experiments
made fully satisfied all who took part in them Of the
practicability of the enterprise.
The India mail had reached England with impor-
tant intelligence. Up to the 9th of June Delhi had
not fallen. Several battles had been fought, and the
eeoeis each time defeated With great slaughter
several additional mutinies had broken out among
the native troops, but they were not regarded with
alarm. On the whole, the news was regarded in
England IS favorable.
The Emperor and Empress Of France had returned
safely to Paris
The schooner Jupiter, under American colors, was
seized in the Blight Of Benin Africa, on the 18th June
and Condemned. She had 20 slaves on board.
Cotton firm in England, and breadstuffs dull.
According to the log book of the Vanderbilt, she
has made the greatest passage on record, beating the
PersiG's Fest time by thirty minutes.
The Telegraph squadron was at Portsmouth
II WIS 70 De decided on the 18TH lnst-s nj o DnW-
tors injecting, what would be done.
From Honduras we learn of o bad feeling towards
The United States.
Dr.. Forney, of Pennsylvania. has been appointed
Superintendent of Indian affairs in Utah.
J.sB, Danforth. Of Illinois, has been appointed Sec
rotary of the Navy, Uice Dobbin, resigned.
LARGE FAILuREs IN Bosrox.-E. C. Bates & Co.
have recently failed; liabilities, $500,0Oo; assets,
sz50. 600. Whitney & Hines, shoe-dealers, have also
Jailed.
Gen. Scott has been sent for for the purpose of re-
organizing the military expedition recently sent 70
Utah.
The question between Spain and Mexico has been
seferred to England and France for arbitration.
HONOLULU MEDICAL HALL,
Corner of Merchant and Kaalnunanu streets.
DOCTOR MoKIBBEN, Surgeon. &c,
regularly Supplied with Medicines, Perfumery, &c, Of ue
bes&QunMty. Family Medicines and Prescriptions car.
fhuy prepared. Medicine Chests examined aud rehuea T"