Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1857-11-27
FURTHER FOREIGN NEWS.

Suspension of the Charter of the Bank of England
Tie Unlimited Issue Of Bills Authorised-7h t
Effect Throughout Great Britain, &c.
QUEBEC, Nov. 2.-Ths following is the summary
Of news prepared at Liverpool ard Southampton by
the correspondents of the associated p~ress-the Liver
pool advices, by the Vanderbilt, coming down to Fri.
day evening, 18th inst, and from London to Saturday
morning, 18th instant:
The respondent condition Of monetary matters on
the departure of the steamship Atlantic, on the after.
noon OF the llth inst, resulted on the following day
in 3 fearful panic throughout the whole country. All
the banks utterly refused to discount for their patrons.
which naturally added to the wild excitement, until
the afternoon OF Thursday, when the treasury letter
appeared in London, and was instantly transmitted
by telegraph to all the chief cities and towns, suspend.
Ing the bank charter ACT, and authorising the issue of
notes to any amount on approved securities. The
effect at every point was instantaneous, aud the panic
ceased as if by magic.
AT Liverpool, Manchester, Glasgow and other i'm.
portant cities, the news Was received with the moot
eItravaRant acclamations of Joy.
The suspension of the City Bank of Glasgow on
Wednesday, the day the Atlantic sailed, is confirm
We select the following additional list Of suspen.
sions from a large number reported in the Euglish
newspapers:
Sanderson, Sandman & Co., London; Wilson Mo.
reau Il Co., srationers, London; Fitch g. Skest, Lon.
don; Draper. Picton a. Co.. London; Ban. Broddice
s. Co., London Palman. Grenel & CO., Liverpool;
Coddington s. Co iron merchants, Liverpool; Mac.
kenzie, Lamsay & Co., Dundee; Munroe, Grant g.
Co., Swansea; Stergman s. Co., Nottingham.
The London money market was steadler on Friday,
the 18th instant, and bank stock sold at 2O9i s2l2.-
EIchequer bills were firm, aud the feeling in business
circles in all the principal cities and manufacturing
towns became decidedly more cheerful as soon as it
became known that government had authorised the
bnnk to extend it's Issues without mourning thepenaI.
~ of the bank charter act.
CuneUls had huctuated CODsiderably, hut closed
with increased steadiuess Oh Friday at S9i to SGT for
money.
The Bank of France had raised its rnte Of discount
on W days bills 10 l0 per cent.
The greatest anxiety was felt In England TO have
The news by the Vanderbilt reach New York in ad
vance Of The publicity Of the ad vices by the Atlantic.
ADDITIONAL NEWS FROM INDIA.
The details of the news from India by the last mail
port from Delhi states that the loss of the British at
that place, in killed aud wounded, was inside Of ZOO,
including 81 officers.
Scindin had brought the nutineers Of the Gwalior
contingent under his control BY arrayin2 against
them his own troops and l0,U0U Thakoore, aud by
cutting off their supplies.
LIVERPOOL CoTToS MARKET, Nov. l3.-After the
general panic in the market and a decline of Id to
ID, there was a recovery on Friday of 81, the mar
ket closing with an advancing tendency, and the sales
adding up 6.DU0 bales. Quotations are nominal and
irregular. The stock was 325, 900 bales, Of which
l62, 900 were American.
LIVERPOOL BREADsrurFs MARKET, Nov. g.
Flour closed dull at u decline Of Cd a Is since Tuesday.
Wheat closed dull, with a decline in the middiing and
lower grades of ] i'd Il Sd. Corn was quiet, and all
qualities had slightly declined. Western canal -four
26s a 27r; PhilsdeIpllis and Baltimore 27s a ss9-; Ohio
2ss. Red wheat Is 81 q q 81. White corn 4Os a lie.