Evening star. [volume] (Washington, D.C.) 1854-1972, 1857-12-03
TELEGRAPHIC NEWS
z Frsn the Associates Press A.e.,.
FURTHERo FOREIGN INTELLIGENCE.
BY the America, ut Halifax

America from Liverpool At eleven O'Clock on tbe
morning Of the 22d ult arrived at this port at six
The Collins steamer Baltic arrived out at 10 20
on the morning of the 10th D
Ihe steamship Jason from New York, bound
i IS,h SOUTHAMPTON, put into Queenstown on the
The list of failures was seriously extended
New suspensions: +. Sievekinp a Son. In the
wralsh trade, with liabilities Of ha:f million
steIIh2 Allen, Smith Il CO. in the Denmark
moe, with Liabilities of fIOO. 900 sterling Cor
Ilssen, Han-l Co, general merchant. lin con-
sequence OF American difficuities, with IiabIIi
tes OF ABOUT t60UO sterling; suendsen A
Johnson, merchants. liabilities $1,000; and
ties Gao 600 ''"''i-
The funds were firm throughout tn. day
On Thursday, the 10Th, the Times saws there
wssa decided amendment In ali mercantile QUAR-
Iers. NOT a single failure was reported and
some special causes Of anxiety Were removed
4 ne same paper remarks that IL Is understood
that the application which has been made witbin
tne i"st few days, by leading American house
10 tne Bank OF England for a large advance on
,he ~, furnished from the private resources of
.ue urn, mas been most satisfactorily met: and
sbat All the accommodation required will he
Iuliy granted. According to rumor the reouire
Inen's OF the hrm In question zone of the most
eminent In the American trade) Were nearly
MlIIlon sterling; and, according TO the Daily
news, the assistance received from the EanE
after long celebration OF the directors will n
Is expected, enable the firm PROMPTLY TO comnlv
WIN the conditions under which the advances
were made. ~
The pressure for money at the Bank was I'M
ulInlnlshed. Indeed, some authorities say IL
was more intense than ever; hut the meeting Of
the bank directors broke up without making anv
advance in the rates of interest
Loans on Government securities were in de-
mand at ten per cent
Al Hamburg the rate Of discount had receded
tosa. ''A 'SN'u'u
Private letters from Paris describe better feel.
my Iue american houses were beginning to
hos if n.f II
France was improving
AT other continental cities there are likewise
signs OF an approaching tendency to the revival
large and very influential meeting had been
heid IN Glasgow for the purpose OF EXPRESSING
confidence In the Scotch banks Ii was resolved
currency.
The shipment Of silver to the East by the mail
Of the 10Th is only f3Is,OOO.
The stoppage of the wolverhampton Bank
caused many failures In the iron districts repre-
sentlng, In the aggregate, large sum-
Messrs. Scott & Co. of Queenstown, have sus.
pended and their Liabilities are estimated at from
l0O00 to f20000O
At Hamburg Messrs. Ullburg 4 Cramer. en-
gag:d In the Swedish trade. have stopped paw
ment, being involved in some of the eInbarrass
ments in London.
In the Daily News city article il is said that
the negotiation Of bills on the Continent was ar
tended with great difficulty
From the Daily News city article of FRIDAY
The funds after obtaining rise of I'd per RI
closed Id. per cent. higher than Yesterday Upon
the whole, the feeling in the money market Wa.
Today caImer and more satisfactory. The nego-
tatons Tor afording assistance TO a great and
wealthy American house, with Liabilities esti-
mated at more than two millions were to-day
satisfactorily concluded: The temporary embar-
EASEMENTS OF the firm in question were solely
occasioned by the impossibiity of procuring re-
mittances from some of the d rst houses i'm Amer
lca; Provided that no fresh important cases of
embarrassment occur, there is a disposition To
hope that affairs will become more cheerful
Last nights Bank RstHrHs-The Times, city
article referring TO these acts points ont that
while we have been increasing our promises to
pay IN gold, the stock of gold on which those
promises were based has been steadily dimin-
ishing. All will see that this inverse process
must have certain limits. and that if those limits
were reached national suspension would be the
resnit-happily, as yet, checked by the partial
tendency 10 the revival Of confidence
The Daily News city article describes the re-
Turns as the most remarkable ever published
The Banks have infringed the act to the extent
OF two millions, but to a considerable extent
this Infringement is more seeming than real or
the two millions Of new notes created against
government securities deposited in the issue de-
partment FL ,liS ,lS5 in notes and tO3 Sol in
coin, making total reserve Of 4 $50 CSC remain
Ing In the bank still, consequently the extent to
which the public have actually
The VERY LATEST By TELEGRAPH
London, Nov. 81 The Times CITY article of
Friday evening says " The funds have been very
steady to-day, and have chosen at an advance Of
quarter per cent" Ii confirms the statement that
the advance required upon ample securities by
an imro-tant American house would be granted
further Improvement in foreign exchanges
and the prospect Of about half million Of Aus
tralidn gold being forthwith taken TO the Rank
and also OF considerable arrival by the Persia
from New York. are assisting TO impau frmness
In foreign exchanges. The rates for Amsterdam
Were rather higher but Paris was about the same
as at last post" About IS 900 pounds of gold and
coin was sold TO the Bank to-day
The Fate Of discount al Hamburg has again adj
vanced from 81 to 81 per cent.
COMMERCIAL INTELLIGENCE
liverpool Cotton MGTkst.-The Brokers, Cir
cuar reports the sales of the week at 20 600 bales
including 3-5OO on speculation and 500 for export
The advancing tendency of the early part OF the
market became inactive and heavy closing very
dull on Monday, with declining tendency, at
rates Irregular and nominally at Ba4d lower
Than those OF the previous week. The sales of
Friday were ?, 700 bales, including 500 for export
The following are the authorized quotations
fair Orleans, Id (; middling Orleans esd fair
Mobiles, 61sa7 sd; middling Mobiles CID : fair
Uplands, g. a7d.; mddling Uplands, cid The
stock in port was estimated at 800. 900 bales: OF
which l5e 900 were American.
LtrsrpOoi BTeddstnfs Mark,t-BreadstuffS
were all slightly lower. Messrs. Richardson,
Spence Co. quote flour very dull, and declined
Is since Tuesday. Wheat dull, and declined
2a3d., and in some cases 4a6d. Corn very dull
and declined Is. Western Canal Flour aia2is.
27a2es Rcd wheat CATS Cd White Is Sd A
Is cd Mixed and yellow Corn 3is Cd 35s
White los
liverpool Prorisfon Marl,t-Messr. BioIand
Aytha Co, Richardson, Spence Co., James
McHenry and others, report beef heavy and slight
ly lower. Pork dull; no sales. Bacon dull, and
rather easier. Lard heavy, and nominal. Tai
low-sales unimportant; quotations nominal
LicerPoot Produce Markst-I Brokers, circu-
lar flashes DULL pots 35s6a3ss; pearls Brass
Sugar opened at slight advance, but closed
quiet. Coffee dull. Rice heavy Tea opened
buoyant, out closed with little inquiry and prices
weak. Rosin dull; common 4saIs9d' Baltimore
bark 6s9a7s; Philadelphia ss9d Fish oils dull:
sperm freely offered at f75s79; linseed oil dull
Spirits turpentine dull at 3s6a3ss
Reception of Elk. President Pierce mt Norfolk.
NORFOLK, Dec. FIX President Pierce visited
the hayward and the ships of war to-day, and
was entertained on board the ship Pennsylvania
by the officers, being previously received with
national salutes. He was treated 10 a grand ser
enade last night. On Friday he is to have a