The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-11-24

We have the following additional details By the
Atlantic. at New York:

we nave tHs ioitDNihS huutt'LhA os6h5 w sAF |
Atlantic. at New York:
The London Times says that Dennistown Com |
pany are one Of the largest Arms connected with |
the American trade. and their liabilities. 1t IL sup
posed. amount 10 ten millions OF dollars. They
have houses in New York and New Orleans, and
the total suspension OF remittauces from those
cities rendered their stpppag. unavoidable. jos.
Foot son, silk manufacturers In Loudon, and
Henry Dutiith Il Co In the American trade at ldy-
erpool, have also suspended.
The South British Mail thus alludes TO the panic
In Glasgow: THE monetary panic caused by the
suspension Of the Western Bank still continues,
and rush has been going on during the foreRcoz
Oh the several hanks If the city. The panic seems
to have taken special hold Of the small depositors
and deposi;ors in savings banks. The principal
crush the doors of the Union Bank, the City
Bank aud the National Security Savings Bank.
The Lord Provost aud magistrates early in the
afternoon deemed 1t prudent to publish procla-
nation. Il states that 10 doubts need be enter
tanned to the svlVeBcy of the ssvings haDks and
warns the public against the effects Of sudden
run on the banks. IN the suburbs this run on the
branch establishments Is tremendous.
The following IL the announcement of the sus-
| pc Ision of the Western Bank of Scotland:
| "Gtasgrr. NCr. 9--Ths Western Bank of Scot
laud suspended payment at two O'Clock. at which
| hour the doors OF the head office and branches
| were closed"
| Although, to some extent looked fir the suspen-
sion caused great dismay. The bank did ~ i'm
menss business IN Glasgow, and had about one hun
! dred branches scattered over Scotland Its dcpo-
| sits were very gs--snlounting to between Eve
aud six millions sterling. There cannot be aLy
eventual loss. ss the proprietary contains many Of
| the wealthiest men in Scotland, some Of whom are
believed to be worth million sterling.
The London sun ANNOUNCES the failure OF BROAD
| way d BARCLAY. in the East India trade. aud Ben
noch kig9, oi London and Manchester.
The Times article OF Tuesday evening says
| "fhs funds have shovn absolute buoyaucy to-day,
aud closed at further considerable advance. Ia
! mercantile quarters asO there has perhaps been
rather less uneasiuess and the tendency to par
tial recovery OF confidence would have been strong
OF. but for the manifestation of banking disrusts
! at Glasgow in consequence of the closing of the
Western Bank OF Scotland
! The manager Of the latter concern issued cir
cuisr announcing the stoppage, in which he admits
thst for some years past, under the late manager
| the system OF overtrading had been carried on
thu ugh facilities afforded by the system of redis
| counting. Reckless credits given to custo-
/ lners in Glasgow, and the correspondent al Nav
! York WAS allowed to make advances on securities
snd 70 draw bills on tho baak. Lately an investi-
CATION being instituted into some OF the largest
advance accounts, it was found that the houses to
| which they had been made were utterly insolvent
and that large loss OF the bank wss inevitable
The debtors EeDtInto bankruptcy, and as the Amer
lean panic came on ut the Same time deposits began
to 20 withdrawn. and finally when the hour of pres-
EuTa arrived, the u7GAl result is Witnessed: ard
| frD,s in London who had hitherto promoted the
buaE"ia' systeln Of the concern su,t.eny found it
eZpsdient 70 discontinue the redisoeAnts on which
| Il rad relied.
The Paris Patre urges the suspension Of specie
pay m6Hts iii that country. 1t l. regarded GER
! tain that the government will be- compelled 70
sdopt some stringent measures. French fnsnce is
not, however, u character to justify he gloomy
| appFohenFions which seam TO prevail III CONNER
: ci5,I circles. Tho specie reserve of the Bank u
! Frauce ia two hundred millions against hun.
cred and htty milions 81 the corresponding period
! VI last yes..
A Hamburg letter of the eth, reporg- a regular
| panic III the stock exchange there, with q fall q
every description 81 stock al>o sil bills q tx
chang. Bills Oh Eranae, Belgium, and other com
r!srca! Tnart6 "a Germany and uSand, We're up-
| saleable at tie usual three months dste. "A hnan-
cisl crisis wad slso beginning in Sweden ana Ger
many. auj money was becoming scarce.
The Lonion Herald speaking Of Tire advanced
rata % uterest ssys:
The increase WIS not unexpected. and hence,
when il wss officially announced 1t created little
Guctuation 10 public securities. Tbs range III price
wa about - per cent. hut after varying t. that
extent they recovered, aud closed only - lover
than on saturday. The American adTices by the
Asia Taro calculated 10 inspire partial confidence.
but the recurrence of mercantile disasters here
and in tho provinces produced great depression, no
relief from the existing siriUgency oeing apps-
reutly ubtainable.
7ELgGEAPHE9 ~ IIrJRpopL.
| PAIL, "Wednesday moInin8.-Ine MoDileur pub
iishes Il notification from tlis Emperor upon a re-
rort from the Minister of Finance, in which h,.
SAYS be with pain TIRE impsrlled and chIulsri-
Cal f1r5 propagate ard tie deluslve remedies pro-
posed tor imaginary evil. The law permitting
the bsuh to raise the rate Of discouu., snffce
- keep the bullion ID tettor condition THAI last
wear. Ihe bank has raises the rate of discount :
per cent. for Dile under thirty days, for bills IN
der sixt, dsys and ~ for bills under ninety days.
IMPORTANT FROM INDIA.
LGSn1S. "Wednesday morping--Ehe follow ing
telegraph Waa received this morning at tie Foreign
. QtHcv:
Delhi, which fell into our hands on the 10Th Of
September, MAS entirely occupied on the 2lst, aud
tLr whole OF the enemy expelled. In the assault
Of the 18th, si&ty-Jne officers and eleven hundred
| and seVenty-eighr men. being one-third of the
! Etormiug s'rvice, were killed and wounded.
! Gen. Nicholson died from mis- wounds on the 2lst
! The old king, said TO be ninety Years of age, sur
| rendered to Capt. Iodgson about fifteen miles
| south OF pelhi. tie was accompanied By his chief
| y liz, and their lives spared. Two of Lis SONS
| and his grandson were also captured by captain
! Hod2sou about five miles from Delhi. They were
| shot the spot.
Two noyaule columns were dispatched from
| Delhi Oh the sd in pursuit of the sLemy. By ac
counts from Agra ono column appears 70 hBSe
| reached the nelYhborhood Of Allyhar. and the
| other that Of huttra Oh the 23th Of September.
| General Uayelock, with twenty-five hundred
| men, crossed tine Ganges from Cawnpore on the
F, 18th Septenber, and relieved Lucknow presidency
| On the 18th. ust as it was ready to be blown up
| by its besiegers. On the Goth the enemys en-
| treuchments were stormsd and on the 18th a large
part OF the city was taken. Four hundred and atty
! were killed and wounded. General Seili was kill
| ei,
| Jhsre had been slight rising of tho rebels
| nesr NsssiCk. i'll the Bombay presidency, in the
| suppression of which Lieut. Henry was killed.
| The Madras troops had defeated the mutineers of
| the dfty-second regiment naar kemplee and killed
| one hundred and fifty.
5IARKETS
| LIVERPOOL. Nov. 1l.-CotEnn-Salss of the last
| threc days Of only 1900 bales all TO the trade
| All qualities have considerably decIined-say -
market closing very dull, with "a declining tsI-
| dsncy. Quotations nominal.
| Bresdstuffs-1he maj ket is dull and all qualities
! have slightly declined. Richardson, Spence i Co
quot"-Flour il very dull 6dals lower prices and
difficult Of sales. Wheat il quiet at 2a3d decline:
niddllng and lower grades declining most. Corn
IL dull at decue of ID. Western Canal flour PCS
| t'aZis6d; Phladelphia and Baltimore 27sa29s6d:
| Ohio 29s. Red wheat 6s 6da1Eed; white Is 3daSs-
Mixed and yellow corn 26sa:6s Cd; white tOs,Als
noney.-Ihe money market is decided y more
| stringent, and the bank rates have been further
advanced to 10 per cent. CoIsos SSTaSa for money
aud sA9 -aS93+ for discount.
! BofsroURf AND ALLEGHASY RAILRoAp-Mr Reb-
experience, arrived here GU Wednesday last for the
pnrpose Of experimenting "a survey of tho route
for the proposed railroad from some point of the
virginia and Tennessee Road to connect with the
virginia Central Railroad at near Clifton Forge
After the survey shall be completed, We hope TO be
able to lay before readers some interesting
facts in relation to the proposed improvement
F.scd.aie btW.
ALL. Or NOSE-rhe Secretary of War having de-
cded that the report Of the board for the trial Of