Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1857-10-16
THREE DAYS
LATER FROM EUROPE.
Arrival Of the Vanderbilt.

New York, Oct. 15.-The steamship Wander
bilt arrived at O'Clock this morning, bringing
London dates to the Sd inst
The Vanderbilt brought nearly four hundred
passengers and S20.OO0 in specie. Reports en-
countered on the 9th terrific gale which lasted
thirty-six hours
LONDON, Friday eUen,ng.-The funds opened
today with anma ton, and most descriptions ex-
perenced rise, but the tone soon changed by
heavy sales of consols. In the discount market
the demand was active. Foreign exchange unal-
tered, notwithstanding large arrivals gold from
Australia.
The supply is not sufficient to meet the cont.
mental demand, and the prospect is discouraging
with regard to the immediate course of the money
market. Since the reduction of the rates of dis
count in July, the bullion in the bank has de-
creased six hundred thousand sterling.
The intensity of the panic at New York has
induced an almost total suspension of specie re-
mittanoe from this side but with the return of
confidence not only will the usual shipments be
resumed, but old arrears will be met
1t may be hoped, therefore, that during the
next three or four months our receipts from that
quarter will at least suffice, with the supply from
Australia, to keep the stock in the Bank of Eng
land from further reduction.
Hone KONG, Aug. l0-The principal item of
interest which we have to call attention to by
this mail is the notification in the Government
Gazette of the 9th inst that d blockade of the
port and river OF Canton would be established on
the 9TH inst. We understand Admiral Sir Michael
Seymour has been induced to adopt this course in
consequence of the American steamer Antelope
having proceeded up the river as far as Whampoa,
and it was the impression that the Americans and
some other foreigners were DESTROYS OF forcing
trade with Canton, which it is said Yeh would
not object to- We have yet to see the effect this
measure will have on the small trade now exist
ing here and at Macao. If restrictions in.
tercourse continue for any length of time, they
will uO dOuht he 81 faf Nv %bn
Her Majesty's steamer Fury, left for Singapore
on the 2oth ut, to bring on here, it is said, the
. men of the 59th Regiment, which were on board
the Inflated Transit.
The steamers Neleas and Moresfort arrived
from England on the 9Th inst. with about 500
of the Royal Artillery besides officers 1t
is unfortunate that these vessels were not inter-
cepted in the Straits and ordered on to Calcut-
ia. 1t is the intention to send round por-
ton of this force in Her Majesty's steamer Samp-
son, Immediately.
Trade at Hong Kong shows signs of improv-
ing, and there has been some demand for manu-
features As we have said, we have yet to see
whether inquiry will cease in consequence of the
river being blockaded. Transactions in tea at
Annoy were increasing, and competition had
caused prices to advance. About 2l,00O pack
ages of all descriptions had been settled
Foochow dates are to the Both ult. Little done
in imports. The markets had been fairly with
tea, and large business was done at advance
rates. The settlements comprised 10000 pack
ages new Congous at from Is to 80 tails, and
10000 half-ehests of Oolongs at 10 to 20 tails.
Stocks very light. Fine teas were scarce.
From Shanghai our advices are to the Both ult
There had been improved demand for imports at
advanced rates. Transactions in exports were
large, at extreme prices. The new arrival of new
black tea had been large. The. quality OF the
blacklist leaf kinds fine, while that of the
Souchongs and Kaisowa was not reported favor.
ably. Prices paid were 40 TO so per cent. higher
than those of last season. Supplies of green teas
were not affected till the middle or end of this
month. The dues enacted on teas have been IN
creased nearly 100 per cent.
Markets.
LIVERPOOL, Oct. 2-Cotton has been in very limited
demand throughout the week. but holders generally
very firm, and with the exception of decline OF I'd
inferior American, quotabe decline has taken place.
Breadstuffs.-We are still favored with dne weather.
Since Friday grain market has ruled very inactive
AT the time holders anxious Sellers neither
on the spot vet to arrive and the whole the
may be called Arm, with only limited trade. This
ing the transactions in wheat mostly RETAIL a
cline of Id ID from rates of Tuesday. Flour also
but little inquired for although offered at Cd per Dbl and
Id per sack reduction.