The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-11-07
FURTHER ny THE CANADA.
We have additional foreign news hy ths stsAsa-
snip Canada, which arrived at Quebec Wednesday,

Diminished Hrmues1. ~ slight swan ssrs ~
rates Of tho das previous. On the Stock hMshnhRs
money was ID good supply at Ave TO hve ana hsii
per cent on goscrnment securities, ana ~ sne eank
and discount market there was an absence 81 pres
sure.
The Times city article ofthe evening OF tho 2lst,
says: tFe@f ffs
: 4 The advance in the bank rate to eight per cent
seems greatly TO have checked the expectation Of
! gsld 20 New York. The Arago from southampton
mas taken out G3o 900 from France but only e. 300
from England while the total by the City Of Baiti.
more from Liverpool, Is only fs,2D0. Ii was In
tended to send f,ooo by the latter vessel but the
bank movement caused the principal portion TO be
countermanded. The quantity of goods being for
waried Is very small, and this fact will tend to i'm
! prove the American exchanges. The India Com
pany have given notice of further rise of four per
! cent on their rate for bills on India.
On the I'D ult. the funds exhibited great steadi.
ncss, closing at aslight advance.
The Times says the money market is exceedingly
quiet, and owing to the absence of any important
failures aud the signs of general stability among
the leading manufacturing and shipping firms
throughout the country, very satisfactory feeling
Is observable Uncertainty still prevails to the
PROBABILITY OF any further upward movement on the
part OF the bank, but the question will perhaps be
solved before the lapse OF another week. The de-
mand for money is comparatively quiet both at the
bank and out of doors. Numerous suspensions
continue to be announced on the Continent espe-
cialiy among the manufacturing firms of Germany
The Bank of England had thrown ont some
American bills, known supposed to be connect
ed with Intended shipments of specie to the Uni
ted states.
On the 23d the funds continued buoyant There
were no gold Withdrawals from the Bank
The rate of discount at Hamburg had declined to
So per cent >3ese
The Times says that the Canada takes out ten
ders for fio000 of eight per cent bonds of the Mi
chigan Central Railroad for the extinction of por-
| ton OF their floating debt. t.
The value of money on the Stock Exchange re-
maius as low five per cent .-.
The DAILY Netcs of the sd says that the demand
| for money at the Bank of England was heavy.
The D1ay NetrS has an article of news which is
interestng-tbat the East India COMPANY are
about to make some large remittances OF silver to
lndia that they have already effected assurances
tue amount of at least f2D000o. The policy now
lnaugurated by the East India Company will tend
TO aggrayate the drain of silver, at time when il
| has already acquired very inconvenient proper.
lions. The Daiy Nees remarks, in conclusion,
that the period is evidently drawing near when the
expenditure entaiIed by the Indian revolt will ex-
ercise more direct Influence upon the English
market. Tue approaching dispatch of two hun
dred thousand or half million sterling in silver
by the Indian House authorities to the relief of the
local government, will probably be only the first
OF series of calls upon this market. ..s
Ihere mas been monetary pressure on the
banks of ireland.
The Daily News makes an important announce
ment Ii understands that the French Govern
nient have decided upon resembling the pronibi-
tloh against the export of corn and flour from
France. To this step they impeiied in conse-
quence OF strong circumstances from the agrcul.
turai districts. On. likely effect of the measure
according to the Daily News. will be to preeipitate
fall in the English corn markets. which al
ready depressed by the high rate of interest cou-
pied with the accounts from America. 4
AT Manchester, on Tuesday, 10th ult., Messrs.
John Black d son, buying agents, and Messrs.
Platt & natclfe, selling agents. stopped payment.
The Leadon Daily News Paris correspondent
writes that the Governor of the Bank of France
went to Cssnpeign on the 9TH, prepared to ask the
he'peror for n decree Civ ing forced currency to
- Nua mot al fhnf fln
~ozld be granted.
'te bullion in the Bank of France was stated
upon ;ssable authority TO ha We decreased thirty
five il,tsns of francs since the last monthly re-
turns ..
Fail ores were-expected in Pans.
Gold was being:teken from TIN, Bank of France
for America.
Accounts from fac departments throughout
which the river Alier hows are very unfavorable.
The water rising rapaily.
The Receiver General of Taxes at Anglers has
suspended, in consequences Of specuiations on the
Bourse with a deficit in kisaccounts of 400, 600
francs.
The French Three per cents closed at 66f s5c.
BELGIUM.
The Bank of Belgium has advanced it's rate of
discount TO So per cent
DENMARK.
The Bank of enmark has increased its rate of
discount from to per cent.
SWITZERLAND.
& letter from Zurich states that thirty CONNER
t.lst houses, principally in the silk and ribbon |
ira dc, have failed here.
RUSSIA.
AteI agraehic dispatch from ST. Petersburg quotes
the exch ane1 % London as low as 36c. At this ex
change s.old osght to How freely to this side |
The reason it does not is TO be found in the ACT /
that the precious metals command SO per cent /
premium among she money changers. The bank !
only furnishes eIaatb amounts OF goiu TO appIs ]
cants.
,TEEkr BRITAIN.
Lord Macaulay has bean elected High Stewart of 1
Cambridge.
The papers continue to publish lengthy speeches !
by prominent men on the affairs of India. Among /
others the Duke OF Cambridge addressed the cit I
zens of Sh. field, on the occasion OF laying the {
foundation stone for the Crimean monument. He 4
urged stern justice to the mutlneess, and stated =
that recruiting was progressing in perfectly in /
credible manner. /
Mr.. Gladstone made speech at Liverpool upon /
the educational question. He looked upon pat /
forage the curse aud plague of the country and
hotc.r ksx the day when nearly every Office will be
held up "a the face of the country for the best
candidate.
don Las brougS, to light extraordinary exposures
in pard to the manufacture of accommodation
bills by commercial men.
The LoL don Times, taking for text orotec-
ZIONIST artic le from American paper, euIogzcs
free trade mr., 7cpes, and expresses surprise they
make such SLOW progress in the United States
A farewell dem onstration was given to Neal Dow
ni,. He is a passen. yer per the Canada.
Rumors were curre ut OF more elevations to the
irish peerage; among them were the names OF Sir
Benjamin Hall, Sir john Hammer and Ne John
Abel smith. -,
A chartist conference at hich Mr.. John Frost is
to be asked preside. is about 10 assemble IN Lon
don for the discussion of the eIorm bi /, an the
organization of measures for OPEN bg c artist
campaign.
The trustees of Maynooth College, Ireland, had
elected Dir. Russell President of the CO uese.
SPAIN.
The new Cabinet was still unorgauized.
Admiral Armearo continues to occupy t. re poster
the head of the future Ministry, but the bu siness o.
the various departments was transacted by nnder
secretaries of state
A dispatch from Madrid says that the Cortes was
convoked for the Both of October, but will DIS
sembe till the seth of december
PRUSSIA.
The King OF Prussia regaining his health |
very slowly-indeed it is inferred that his phys-
Clans when officially called upoB, will hare TO give
such certificate IN regard TO the probability of the
king being able to resume his monarchical func-
tons MS will warrautthe constitutional ass sumption
of the RcSency by the Prince of Prussia.
AUSTRIA.
The Vienna correspondent Of the London Times !
~, ting the 10th nit says, that during the last
.wb or three days there he'd been a ul in the finan
lssi ps essure, bat that 1t considered probable
tErt The crisis was very far from being attained
and slat II was not improbable that the other
Italian stats. would follow the example of Parma
in withdis .-ing from the Austrian Customs Union
s ITALY. tr,se
The Pope was paying his promised visit to Civi'a
Necchia where he was greeted with various demon
lions of respect.
stra. TUhhhf'
10 dispatch, dated Jassay, October
te,ogrsp,. ',ivan Ind that day come to a
10 it, th.t the re rights of the Porte and
rss,,uI;on 20 rnrounirs,. rincipaiites under a
In f,xor If a nnion of the \. on from one of
.n,s,i,u,;an.i sovereign to lte chv~ :" form of
the western dsnasties, represehtati,, Wal
government aud a neutrality OF state. Ths