The national era. [volume] (Washington [D.C.]) 1847-1860, 1857-12-03
FOREIGN NEWS.

Quebec, Nor 24-,The news by the steamer
Vanderbilt is to Saturday, the l4th instant, she
having touched at southampton, England, on
that day, on her way from Havre TO New York.
Her news was delivered at st. Johns, N. F., to
the agent on Monday morning, the yacht of the
associated press havIig boarded the Vanderbilt
on the previous afterhoon, off Cape Race.
Unfortunately, the recent heavy storm in
Cape Breton, N. s., had broken dewn the wires
at several points between Cape Hood and Pic
tou, Ia distance Of .oune two hundred miles,
through portion Of the country sparsely in
habited, and it was found impossible to repair
the line until this afternoon.
On reaching the St. Johns, N. B., cfice, it
was discovered that she line between that place
and Portland, Me-, was also broken. and we
finally succeeded ins reaching New York, via
St. Johns and Fredericton, n. B., and Quebec
and Montreal, Canada, and thence via Portland
and Boston, over tae lines of the American
Telegraph Company
THE NEWS.
The following is The summary of news pre-
pared at Liverpool and Southampton, by the
correspondents Of the Associated Press-the
Liverpool advices coming down to Friday even.
ing, 18th instant, ana from London to Saturday
morning, l4th instant
The respondent condition of monetary mat
tiers on the departure of the steamship Atlantic,
on the afternoon of the l1th instant, resulted
on the following day in a fearful panic through.
out the whole country. All the banks utterly
refused to discount to their patrons which natu-
rally added to the wild excitement, until the
afternoon of Thursday, when Treasury letter
appeared in Londop, and was instantly trans
mitted by telegraph to all the chief cities and
towns, suspending the Bank Charter Act, and
authorizing the issue of notes to any amount,
on approved securities. The effect at every
point was instantaneous, and the panic ceased,
as if by magic.
At Liverpool, Manchester, Glasgow, and
other important cities, the news was received
with the most extravaganza acclamations of JOY.
The suspension OF the City Bank of Glasgow,
on Wednesday, the, day the Atlantic sailed, is
confirmed.
We selec. the following additional list of sus-
pensions from large number reported in the
English newspapers:
Sanderson, Sandman, & Co., London; VIII.
son, MORGAN, & Co., stationers, London Fitch
& Skeet London; Draper, Picton, & Co, Lon
don; Ban, Broddice, d Co., London; Falman,
iron merchants, Liverpool; Mackenzie, Ram
say, Co., DUNDEE; Munroe, Grant, & Co.,
Swansea; Stergman & Co., Nottingham.
The London NOR ey market was steadier on
Friday, the 18th instant, and bank stock sold
at 2094 to 2l2. Rxchequer bills were firm,
and the feeling in business circles IL oil the
principal cities ane manufacturing towns be-
came decidedly mote cheerful as soon as it be-
came known that Government had authorized
the Bank to extend SITS issues, without incurring
the penalty of the Bank Charter Act.
Conso!s had luctuated considerably, bat
closed with increased s,eadiness Oh Friday, at
S93 to s93 for money.
The Bank of France had raised its rate of
discount on 80 days bills to 10 per cent.
The English shi. Dunbar, bound to Austria
liza, had been wrecked off Sydney, and lao pps-
sengers and all thescrew lost.
The steamer North Star, from New York,
arrived out on the 9th inst.
Parliament was to assemble Immediately.
The greatest anxiety was felt in England to
York in advance of,the publicity of the advices
by the Atlantic.
ADDTTIONAIINEwS FROM INDIA.
The details of the news from India by the last
mail add few facts f special Importance. The
latest report from Delhi states that the loss Of
the British at that place, in killed and wounded
was inside of twelve hundred, including sixty
four officers.
All the city people found in Delhi we're bayo
Melted by the British troops. Many Europeans
were found in the tity, fighting in the ranks o.
the rebels.
1t was reported taat Lucknow, which was re
leved 18th September. was again besieged bJ
Nena Sahib with $4,000 rebels.
Scndin had broaght the mutineers of The
Gwalior contingent, under his control, by array
ing against them his own troops and ten thou
sand Thakoors, AMI by cutting off their sup
plies.
MARKETS.
The Liverpool Eapers quote cotton on she
18th as only nominal, and no quotations Of
American cotton are eiven. The sales of Tues
day amounted to 1900 bales.
Liverpool Nor. s7.-Flour and wheat at re
tail have declined sn the week, 4d. to cd. fol
wheat, Is. Cd. ca q. for -four. Corn has beer
exceedingly dull, a5d quotations are only nom
inal. E
London, Noe. 1G4-There is heavy declin.
in grain, and a general panic prevails. Whea
is Is. ca IS. lower sor better qualities. inferior
are unstable. -.
Podnce-Linse,d oil 3ls. ca 32s. Sugar
has advanced As. Rice, coffee, and tallow, ar
fat.