The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1858-01-02
7 Fl f DISPAT
SATURDAY MORNING .........JANuARY =
= ; = : - = : =
THE ARAGO's MAILS.

THE ARAGO's MAILS.
The news by the Arago. at New YORK, is four
days later than previou. advices. She hssl sixty
seven passengers and $4,000 in specie.
MISCELLANEOUS ISTELLIsESCE.
The news by the Arsgo is important in a conf
fneTciai and financial point of view.
Some very heavy failures had been announced in
The commercial crisis had become more agra
waited at Smyrna, and was increased iy the fali in
the prices OF almost all kinds of commodities
Trade in the manufacturing districts Of England
was generally bad
At Leeds, on the 18th inst. the cloth markets
we're very inanimate, there being few purchases
made. Two local failures were announced viz
the brm OF Saaifeld Brothers of Leeds London and
tasmonrg, IN the woollen trade, liabilities about
1loo,@fo, aud : c. Lister Co, Of Halifax, worst
ed spinners The woolen market at Huddersfaid
was very quiet aud prices shade lower, both for
goods and wool.
John Edward Stephens. of the late London and
! Eastern Bank. had fasied TO appear in the Bank
ruptcy Court, at Ednburg, after several days ex-
animation, and warrant was issued Tor his ap-
prehension.
bell In the English House of Lords OH the dav of
prorogation. in which he cfectualIy dispisved the
report that he bad been i'll terms with Lord Can.
ming at Calcutta.
The Shah of Persia had ordered Ferukh Khan IN
leave Paris in January aud travel for two months
in other countries of Europe.
. The Danish Council of State had authorized tha
Minister Herr krieger to bring in a bill for the
loan OF t3ooo0o sterling, at per cent secured on
| the finances of the whole kingdom
| AdSlces from ton5tantinople, received at Vienna
announce that Lord Stratfird de Redcliff+e had
quilted tho Turkish Capital on board the How'd 8
steamer, which had sailed for Trieste
| TWeuty.seyen nuns of the order of St Vincent
de Paul were about to leave Paris for China.
In pursuance of m arrangement with the Porte
the French government has appointed a Frrncl
= | a Ibrailia in Nal ba no
1t was said that the King Of Porfugal's marriac.
! will take place in April next.
| The Belgian elections had resulted In larg.
ministerial majority in favor of the liberal policy
There los members to he elected of these Il
of the deputies belong to the liberal eide ant
only IS to the opposition.
/ 1t was ruuorcd at Vienna that news had been re
ceived from Constantinople to the effect that th
Porte acting with the consent of the Power
which signed the treaty OF Paris, had issued fir
man for the dissolution Of the Divaus in the Danu
bian PrnCipalities, butthe statement required con
frmation.
i A dispatch from Turin of the 14th inst, says =
! The opening of the session has Just taken place
The King was received with enthusiasm by til
: rarliament'and by the people, who came in crowd
,tomcet him.
4 Besides the French ship Gironde already men
toned as fitting out at Toulon for China, the coI
yette Iaplace and the gnnboat Alanne are likews
commanded for the SALE service.
| A letter from Jerusalem of the 10Th g'-- state
that great agitation prevailed in that city and tn
neighhorhnod. conflict had taken place betweeI
the inhabitants of Bethlehem and those of Tamai
in which one man was killed and several w0undc,
Caravans of pilgrims were beginning to arrive il
the country Jerusalem is crowded with pilgrim
of a new character. great part Of the crew {
the American friGate Congress had arrived ther
10 visit the Holy Places together With grea
k number Of the crews of three Russian ships DIVA
, | anchored at Jaffi.
The Mofussilite Of India, gives from ''Iorthcon
ing government Gazette. to bo issued II Agra tn
! following description of Mana Sahi'i:--
The Mana is f0rty-two years ~ 1'., -.sir black
| complexion light wheat cOlored ,,ss and H.
round face. He is understood moss . sr,ar a beaTt
height about feet inches !.e Weols his hai
very short, (or. at least did so.} e.,Ying only a
), much skull cap Conld cover; he is tuil in pei
: sen aud of powerful frame; he has not the Mahra
: tn hooked nose, with broad nOstrs, but straigl
o we'll shaped one. He has servant with cut ea
p who never leaves his side
The death OF Col. Thomas Sidney Powell, {. r
It who recently succeeded Major General sir Henr
/ Iiavel0ck, X. c, b., i'll the command of the Fifty
I third regiment, is confirmed having taken plac
u in an action with body of the Dinapore mutineeI
v near futtebpOre.
FINaCIAL CRISIS
, From the Times Money Article 18th
u Monday evening.-The English funds opened hi
g morning at an Improvement OF an eighth upon th
:, prices Of Saturday. but tile market withOu
:, animation, and decline took place of about tire
Il Il eiShths per cent, from which there OILY
a partial recovery. Consols were first quoted 9ltt
a | =. thtN 3FduUdliy went 10 us
| ", which was the last official quotation. Ate
e regular hours some bargains effected at 81 J
II to -. The stagnati1n Of trade in the pronrices
e neces ating Withdrawals from the savings bank
/! some OF the sales which depressed the market t,
= day were on that account. At the same time, puT
chases on the part OF the public have been chect
o ed by the recent advance, which has also temple
e the spectators TO realize. Under the crcuInstaI
If ces therefore, slight reaction is easily expiane,
= On the other hand, DO rermauent fall be looE
q ed for in the face of the gold arrivals takin
- place, AMI which likely TO coutinue. In th
# Stock Exchange to-day short loans stock wer
Is obtanable at per cent, and IN the discount ma
ket the tendency is still towards relaxation.
Is The Transactions ill iorei III stocks have been III
e usually numerous, and the market showed consit
t | cradle firmness.
> In the corn market ihis morning there was
2 decline of between Is. and 2s. from tAe rates
j. Muduay last.
t The suspension has been announced of Messr
t Rev. Prescott Co. the chiefand most respectabl
! house III London connected with the Swedish trad
a Their liabilities which have recently been muc
r reduced, estimated Mt about G150,u 900, of whc
tSoOo0 are on ncceptanCes A large number
Is the bills remtted to them 10y their CORE sponden
have been on firms here which have lately faile,
Is and during the last week or two there has eve
been total cessation ot remittanceS in any shap
g The prospects of liquidation are believed to [
o. satisfactory, but they will, of course greatly d
pend on the sums to be collected from suspende
70 paper. Mr.. Prescott was no longer in the firm
e. although his name was continued in it, He die
about two years back, after having some time pr
u yiously been Governor of the Bank of England.
70 The acceptances lave been returned Of Messr
n Richard Wiley Co, extensive silk MERGERS
The bills have also been rcturDed of Afessrs 5 {
he Lister Il Co, large wOolcn merchants at UaIifa
;. The amount of their liabilities is believed to |
Ill very heavy, bnt some expectations seem to be 81
teTtained that arrangement of their difficultit
70 may be fonDd practicable The firm said to ~
- valuable property in royalties for patents &
a There similar house at bradford, hut This do,
no; appear 10 be compromised.
g. 1t is said hopes are entertained that Messr
f. iIeine Sermon Co, who stopped on Friday f
s f70O,000, may find it practicable to Resume.
% From the Times Money Article lGsh)
ir The English funds have been dull tlronghor
the day. Consols " hich aft er regular hours We
is terday left of at 81 to <, opeled at 9la to }
il and remained without the slightest alteration
.s the official close, subsequently there WAS hstte
J! tendency, and transactions I, pk place at 9l3s.
The letters from Paris state that the stock {
O. bullion in the Rank of France continues to increas
20 and that all mercantile houses still restrctin
is their engagements, as much possible. At Lyo,
z the branch of the Bank of France is making "A,
81 yances upon silk at about 50 to per cent OF I'll
" mark It price.
a The letters from Hamburg of the 13th inat al
n fAr from describing any general return of cont
dence. Additional failures were still expected
The total up t" the present time is about iO an
the disclosures consequent upon them. il is seit
(. have exposed system of ball accommodation
IT an extent that must sadly lower Hamburg in tn
- eyes OF the commercial world
VI ie liabilities of Aessrs. Wiley & Co. silk me
. er whose bills were mentioned as having bee
' ro.urned yesterday, about $4,000
Positive statements have been circulated to dn
of the embarrassment of trims in York shire largel