The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-09-24
PRICE TWO CENTS
ADDITIONAL BY THE NIAGARA.
DETAILS OF THE LATEST FOREIGN NEW

DETAILS OF THE LATEST FOREIGN NEWS.
New YORK, Sept 23-The full summary of the
Niagara's news received by telegraph from Halifax
furnishes the following interesting details:
The latest information in relation to the Tele
graphic cable states that occasionally short word
Is given, but never anything approaching to sen
tencc The experiments made still lead to the be-
hGl that the injury is near to the coast probably
within two OF three miles The strong portion OF
the cable manufactured expressly for the shore has
been shipped from Plymouth for Valentia, and will
be substituted Immediately on its arrival for the
ordinary wire, which, however well adapted for
undlsturbed depths is totally inadequate to resist
liability to accident upon a rocky coast
Ihe IuRes Plymouth correspondent telegraphed
on the ninth that instructions had unexpectedly
arrived from ireland for suspending the embarka-
ton Of the Valentia shore end of the cable on
board the steamship Belda, which vessel was to re-
ceive it.
The first instalment of fifteen per cent of the
Turkish loan was met with remarkable prompt
ness.
Pardoe, Hoomans & Co., carpet manufacturers,
at kidderminster had failed. Liabilities from ESQ.,
600 to f100. 900.
The British Board of Trade had directed an in
qulry into the circumstances attending the wreck
Of the American ship Abby Langdon, otfthe Isle of
Negotiations for the establishment of mail servi-
ces to Australia and British Columbia by the Pana-
ma route were still under the consideration of the
government.
The whole af five thousand reinforcements of cav
airy and infantry recently ordered to India had
been dispatched
The London Gazette contains notification that
convention was concluded between Great Britain
and Brazil on the 23d of June last for the settle
ment OF the outstanding claims of the subjects of
the two countries upon the opposite governments
by means of mixed commission.
Eighteen English railway companies, represent
ing a capital of one hundred and fifty millions ster-
a in Fnrt tna
OF agreeing upon course of procedure to avoid
1urther misunderstanding. Among other resou-
tons adopted was one strongly recommending the
settlement Of all difficulties by arbitration instead
OF law; to prevent ruinOus competition, and asking
that powers be sought from Parliament to enable
the companies to settle all disputes by arbitration.
The Daily Ne'rs understands that the European
and American Steam Company have effected re-
conciliation with Messrs. Crosskey Co., salts
factory terms
A correspondent of the Times, who has a good of
fetal experience of the feelings of the Chinese has
strong apprchensiOns that if the payment of the
war indemnity, which is rumored to have been
fixed at three millions two hundred thousand
pounds for England and one million two hundred
thousand pounds for France, is allowed to be left
dependent on the collection of the customs at Can
ton, not only will its receipts be ''probematical" !"
but there will be a constant recurrence of dis
putes.
FRANCE
The monthly Bank returns show an increase of
cash in hand in Paris of % 800 900 francs and in the
branch Banks Of 10, 900, 600 francs
The Times correspondent is assured that the
French Government have decided to apply free trade
to Algeria, and that all the ports on that coast are
to be declared free
The French press has been interdicted from pub
lshing any portion Of the will of the Duchess of Or
leans.
The Paris Pressc had published it minus its poll
tical passages.
SPAIN.
The Madrid journals say that the decree for the
dissolution of the Cortes has been recently signed
AUSTRIA.
vt Vienna, Austrian paper currency had recov
cred to its par value. The letter addressed by the
Emperor of Austria to Victoria upon her visit to
Germany is said to have produced very agreeable
Impression, and to have greatly pleased the Royal
family of Prussia.
At Berlin the letter is thought likely to lead to
better understanding between the Prussian and
Austrian courts.
The Emperor and Court continue at BiarritZ
The Paris Prcsse speaks of the necessity which
exists for France to lay down telegraph to the
United States if she wishes to maintain undimin-
lshcd her present commercial relations with the
American Continent. 1t declares, France is now
too dependent on England for her communications
with America.
PARIS, Friday.-The three per cents closed at
seventy-twO fiftv-fve.
Vienna advices say that the Emperor has ratified
the Convention. recently signed by the Paris Con
ference, for the organization of the Danubian
Principaltics.
1t was said to be definitely settled that subma-
rine telegraph should be constructed from Rarusa
to Alexandria.
1t was rumored that the Pope intended to visit
the Holy Land.
Negotiations were going on between Rome and
Russia for settling the religious situation of the
Kingdom of Poland
RUSSIA.
y ST. Petersburg telegram of August 31st SAYS
that great explosion took place on the morning of
that day at some powder mills in the vicinity of the
city, by which it was feared that several hundred
lives would be lost subsequent dispatch says
the explosion at 0khta, and one hundred work
men were killed.
The Emperor has ordered the foundation of
A telegram from ST. Petersburg reports a reac
ton in the tallow market. After the speculative
rise which has lately prevailed, the tendency of
prices has fallen.
Hundreds of houses had been burned at Moscow
by clandcstin3 makers of lucler matches.
peat bog was set on fire by the unusual heat of
the sun.
The report.that the port of Villa Franca is cedcd
to Russia for term OF years is confirmed. Russia
has now accomplished her object of having naval
station in the Mediterranean. 1t will consist of
one ship of the line and three frigates.
THE LATEST.
BY TELEGRAPH FROM LONDON TO LIVERPOOL.
The Times has received the following telegraph
from Alexandria, dated the 7th inSt:-The Pera
SallS tO-tt9N WIN INc BOMBAY anu CdlculId mdllS
The dates are Bombay, August 10Th; Calcutta,
August 8th; Ceylon, August 10th, and Hong Kong,
July 22d.
At Canton, disturbances and bloodshed con-
tnued.
Exchange at Hong Kong was As. sd.
The dates from Shanghae to July 14th.
Tea was unchanged. Silk firm. Exchange 5s.
lid.
The calcutta import market was active. Money
easy. Exchange Is.
East India Company paper money was rising fast
at Bombay. The import market was very active at
unchanged prices. Exchange IS. I'D. for credits.
The quarantine restrictions in Egypt have been
removed.
The Tooth Regiment, recently raised in Canada,
is expected to be ordered to India soon.
The Daiiy Ne,rs' city article says that the funds
bic reaction of 4 per cent, but that in the after
noon renewed tirmness was shown, the closing quo
tatons being the same those of Tuesday.
The accumulation Of precious metals in the Bank
of France is the largest ever known, ard upwards
of 5000 600 in gold is off that coast and will be
seat into the bank.
The Avon has arrived off Falmouth from Mel
ounces of gold, worth four hundred and eighty
eight thousand pounds. This supply will be sent
into the Bank. The one hundred and eighty-fve
nine hundred pounds, in Australian gold,
by Flongoment and TeviOt, will be delivered Satur-
dav and will also be sent into the Bank. The re.
cent rise in funds continues to be well maintained.
In foreign exchanges this Friday, afternoon, rates
for Amsterdam and Hamburg were slightly higher.
For other places they same as last post. Final
quotations of the French three per cents. show a
fresh advance Of nearly three-eighth per cent The
amount of gold taken to the Bank was fOrty-four
thousand dollars.