The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-25

NeWss
We have seven days later news from Europe,
brought by the steamship Europa, which left Liver
pool on the afternoon of the 9th inst and arrived
at this port yesterday morning There was nothing
heard Of the Vanderbilt steamship Ariel, which
sailed from southampton for New York on the 3lst
of December, at the time of the departure of the
Europa.
The London money market was easy, and the bank
directors bad again reduced the rate Of interest from
eight to six per cent. About SO 500 900 in goldwas
on its way from Australia to England. The last,re
turn Of the Bank of England shows an increase in
bullion Of 81 lss ,232. the total amount held being
fl2643, l93-an increase of over FIVE and quarter
millions Of pounds sterling in the space of five
weeks Consols closed in London on the sth inst. at
IS q e5t.
Notwithstanding this favorable state of the money
market we have to report the following failures:-
Glasgow. & W. Wallace, sewed muslin manufac-
turers, ESQ 900; Mitchell. Miller 4 Ogilve, ware
housemen ESQ 900; and Clapperton, Findlay 4 Co.,
merchants; John Evan. of Dundee, manufacturer,
ESQ 0Oo and r. H. Whitfield & Co., of london, West
India merchants, f45,0o0.
Cotton advanced one-fourth of a penny in the
Liverpool market on the sth inst, but it was not
maintained to the close. There was good demand,
ana tnt safes ilOuI udysD dlnounttu W 4oooo DdtS.
Flour declined from sixpence to one shilling per
barrel on Friday, the sth inst Sugar had advanced,
with an active demand In London.
Later advices from India had been teegraphed
from Suez to London, but the exact dates are not
given. General Havelock died at Lucknow on the
25th Of December, of dysentery, induced by mental
anxiety and exposure. General Wyndham, with his
division. consisting of a little over two thousand
H.
neers. numbering eight thousand, on the 27th
of November. The rebels were marching
from Cslpee towards Cawnpore, and fought
desperately, causing the English troops to retreat,
with the loss of nearly the whole Of the Sixtyfourth
regiment Sir Colin Campbell, however, completely
routed this body of mutneers on the 9Th of Decem.
Der, destroying all their ammunition, bulocks and
grain, and capturing sixteen of their guns These
Gwalior mutineers were the great obstacle TO the
tranquility Of Central India.
We have TO record the deaths OF a number Of cele-
brated personsges. General Havelock, Madame Ra-
chel, Field Marshal Radetzky and Redschid Pashs
have been removed from life, and our obituary no
tees Of each will be found very interesting.
The Madrid journals state that no redress will be
given TO our government for the outrage on the
steamship Fl Dorado. and that the mention Of
rurCha~f OF NuDd u a natlOnal Insult.
Tie latest dates from China were not telenaphed,
but active preparations for q combined attack on
Canton continued to be made OF Hong Kong Some
reports were 70 the effect that the French would not
take part in the operations The United States
figate Minnesota attracted much attention at Hong
Kong.
From Australia we have news dated at Sydney on
the llth. and Melbourne on the nth Of November
MI.
the construction Of railways from Melbourne TO
Mount Alexander, Bendgo, and the Murray and
from Geelong TO Ballarat, passed the Legislature,
Estimated expense, fs 100000 sterling. Flour had
declined from f6 20 6 per ton. Superior wool rated
at from IL. lid. TO %. I'd.
At Singapore T. l.. on the 2lst Of November, gold
dust rated-Malayan s29 Is a $40 80. and Austria
Ian. $50 $50 so per bunkal.
Adyces from the Cape Of Good Hope are dated at
Table Bay on the 9th Of November. In October and
November three four vessels left the Cape for the
Koora Mooris Guano Islands. The general pro-
duce marke, exhibited an upward tendency. Woods
again advanced, and in the Eastern Province ruled,
1nwashed Is 3D.; washed, Is. Cd. 20 H. Cd. Kafhr-
land remained very unsettled. The natives we're in
a deplorabe condition, and 80 600 had been drafted
into the colony as servants. The subject Of railways
engaged a great Otal " htentlDn IN Tue COlOny
The FIRST batch Of Irish female emigrsnts had ar
rived at East London.
Additional advces from South America, dated at
Bahia the 27th Of November, say that sugars were
declining in value and the previous rate of 1890
could not be obtained. Cotton was quoted at 1900
20 100
Our adyces from Washington seem TO indicate
that the democracy will stand by the President in
the matter Of The Lecompton constitution Col
lector sohells confirmation by the senate is said TO
be beyond doubt.
The Senate Committee on French Spoliations have
decided 10 recommend that Congress appropriate
hyc millions of dollars. in i've per cent stock for
their liquidation. Should the claims exceed the
sum specified b, the Committee, they recommend a
pro rata distribution
The Court Of Appeals has granted new trial TO
Michael Cancen who was convicted Of the murder
Of policeman Anderson q, the November term Of the
Suprcue Cort Circuit. before Judge Davies. Messrs.
Asisr sad 3.a KIN 10. the counsel assigned 20 de-
few We scoG,ed Obt-.-Sg q taa v. sael All stag