The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-10-22
THREE DAYS LATER FROM EUROPE
THE EUROPA AT HALIFAX.

The Europa reports, on the 18th inst, exchanged
signals with the British bark Emigrant, bound
east.
The ship Daniel Webster arrived at London from
New York, reports that, on the Goth of September,
in lat. 4G 30, Ion. ~ 81, passed number of dead
bodies, supposed to be from the burnt steamer Aus
dcputaton from the Atlantic Steam Packet
Company had an interview with Mr.. Hamilton,
Secretary OF the Treasury the subject Of postal
subsidies between Galway Newfoundland and the
United States. He stated that the government,
viewed with considerable interest the new line OF
steamers between Galway and the British North
American colonies, by Mr.. Lever, and the impor-
tance they attached to being able to communicate
between London and Washington in six days.
The Limerick Chronicle says that, on the assem-
bling of Parliament, the government will recon-
mend giving to Galway, grant of $50. 900, the
first instalmcnt for the construction of Il break
water. should the Commissioners report be favora-
BILE. The Commissioners had arrived to commence
investigation.
The Daiig Nc,rs has hopeful editorial article on
the Atlantic cable, and thinks it may yet be render
ed available. 1t says that Professor Thompson has
nearly succeeded in neutralizng the effects of earth
currents, which become perplexing when the cur
rents through the cable weak. Professor
Hughes has modified his printing apparatus, that
current of volatile electricity generated by small
iron wire, being held in one hand, moistened with
water, while copper wire of equal size is held in
the other the two wires being united to form cir
cult is sufficient in intensity to make his machine
print an Ineligible message. So sensitive is his
instrument that it will print correctly, though
n circuit is diminished still more in intensity, by
passing through the bodies of four Individuals
with the combined improvements and inventions of
Professors Thompson and Hughes, and Mr.. Henley,
we are not without hope that, soon their in
struments can be conveyed across the Atlantic,
electric communication will be once more restored.
The London Globe discredits the report that Lord
Bury goes to Canada in connection with the per-
fected federation of the British provinces
The Common Council of London have resolved to
present the freedom Of the city, and swords valued
at 100 guineas each, to Lord Clyde and Sir James
Outram, for their Indian services
AT the weekly meeting of the Directors of the
Bank of England an adjournment took place with
out the anticipated reduction in the rate of dis
count.
A half yearly meeting of the Great Western Rail-
road Company, of Canada, had been held in Lon
don. The Directors report which declares a div-
dend OF four per cent, adopted by small ma
Jority, an amendment having been proposed limit
ing the dividend to three and half per cent
resolution was agreed to- after strong opposition
authorizing the directors to advance f100 900 for
the rolling stock of the Detroit and Michigan Rail
way.
At the general conference of railway delegates,
in session at London, it was resolved to give per-
manent organization to the Conference and to form
from it an association called the Railway Compa-
nes Association.
The unsatisfactory exhibit of the Western Bank
of Glasgow, and additional call on the stock
holders, has called forth the bitterest sarcasms of
the press, and the recommendations were that the
stockholders be prosecuted.
At meeting of the stockholders of the Buffalo
and Lake Huron Railway, in London, it was stated
that the gross revenue of the half year was more
than absorbed by the works in progress
--latest Iy 2e,egroph from London 10 LirerpOol.I
tice, of Friday evening, says: Business through
out the Stock Exchange remains dull, and there is
no general movement in prices. Steadiness gener-
ally prevails, but the late active demand for
rites has subsidized The funds closed to-day about
the same as yesterday. Forty thousand pounds
sent into the Bank.
At Hamburg, the sale of discount had risen to
five per cent, owing to the demand for silver for
Austria. As the Austrian Bank is preparing for a
resumption of specie payments silver must be at
tracted from all quarters, hence the pressure
change this afternoon. Bills on the continent
We're in demand, and rates slightly less favorable
for England were established, as regards Holland,
Belgium, Austria, and Madrid. The shares of the
Atlantic Telegraph Company remain rather fiat at
1894 9464l0.
Friday Evening Times CITY Article
The English funds throughout the day have been
firm at the improved quotation Of last evening
Payments in the Turkish scrip amounting in the
aggregate to f7O0 ,OOO caused a slight demand for
money, but not to an extent to produce any mate
rial change in the current. The dividends will be
payable to the public Wednesday next and the
opinion seems to be that on the following day the
bank will notify to 2@ per cent, instead of adopt
ing the more desirable course of allowing terms to
be contingent, from day to day, the state Of the
market.
The liabilities of Mr. Duhart whose failure at
Lisle was announced day or two back, are stated
at f200.G00.
The Times, on the state of the money market
says that it seems certain that an extraordinary in
crease of ease must be expected, since the public,
this quarter, have entirely abStained from taking
any advance from the bank during the shutting Of
| the transfer books. The whole of the dividends
! WILL therefore, come into their hands. Further
specie receipts are also certain to take place in the
internal the larger portion ofwhch will be retained
mere, although some partial amounts will be REF
quired for France and Holland where the demand
for money this week, has been more active than in
London.
AUSTRALIA.
The Times has received the following telegram
ALEXANDRIA, Oct. l5.-The Cambria sailed tbis
morning. with the Australian mails, for England,
and gold valued at flG5, ,033. The dates are-Mel-
bourne, August 10th; Sydney, August 18th The
May and June mails reached Melbourne on the lst
and 18th of August, respectively. The following
are the departures of gold ships, July 2.-Agin2
court, for London. with 70.7S0 ounces
August l4th.-Lincolnshire, for London, with
l05Gl2 ounces.
The contract between the governmentand the six
banks, for the negotiation for a railway loan was
signed August 10th. The export trade was verv
dull. The import market was overstocked at Syd-
ney. The supplies of wool were very small. A
lire at Auckland had destroyed large portion of
the city.
MADRID, Oct. SIT is announced that a reform in
the customs tariff will soon be published
FRANCE
1t is confirmed that two French men of War have
gone to the Iagus to support the demand of the
French minister at Lisbon for compensation for the
seizure of the French vessel Charles George, while
transporting negroes to the West Indies
The Emperor would remain at Chaons camp till
the 10th of October.
The chess match between Morphy and Harrwitz
was suddenly closed the latter being unable to pro
ceed, owing to Illness. The state of the game at
the close was-Morphy 5, Harrwitz 2, drawn l.
The Times correspondent says there is reason to
hope that the difference between the French and
Portuguese governments, respecting the seizure of
the French bark Charles George, win be amicably
arranged.
Accounts of the great commercial catastrophe at
Lille had been received at Paris. A magistrate at
Lille had granted warrant for the arrest ef the
principal of a house there, an eminent manu- fac
turer.
The preate who is placed at the head of the
French mission in China, is to be raised to the rank
of Cardinal.
NJ. Montcny, French Consul at Shanghae. has
been promoted to Consul General of China, at the
port of Tein-sin.
The Independent of Turin, has declared the visit
OF Prince Napoleon to Warsaw, event of great
political Importance, being as it thinks the pre-
lude of alliance between France Russia and
Piedmont, hostile to Austria.
The Emperor of Russia has conferred on the Aid
dc-Camp who accompanied the Prince Napoleon to
Warsaw, the Cross of st. Vladimir and on the
other officers of his suit that of st. Stanislaus
Jung Banador, the Nepaulese Prince was ex-
pected in Paris, en- route to London.
PARIS, Frlday.-Ihe three per cents closed at
1880 The Bourse had been affected by the Por-
tuguese difficulty but rallied.
The French Admiral commanding in the Gulf of
Mexico has quilted Paris for his post, with ener-
getic orders to protect French citizens.
SPAIN.
Party feeling was very high in Madrid in conse-
duence of the approaching election.
The Gazette publishes a royal ordinance, author
izing the government to receive tenders for line
of packets to run between the Peninsula and the
-.-.,i'','J ,' '--' -.. ba 2I of
February next.
A semi-oticial journal says the government is
about to have built four large and eight small
steamers, and thirty-two screw gunboats, for the
suppression of piracy in the Philippine Islands.
HANOVER.
The English government has dispatched a note to
the Hanoveran government, urging that immediate
Stade dues.
ITALY.
On the 9th Of September the Pope held a secret
Consistory Court. No promotions to Cardinals
were made, but twenty-five bishops have been nomi-
mated, of whom three are French.
PRUSSIA.
Advices from Berlin state that the health of the
King, which for some time has been getting worse,
now gives cause for serious alarm.
BERLIN, Friday.-A decree has been issued by
the King of Prussia, appointing the Prince of Prus
sia Regent. The Prince is to carry the govern
ment until the restoration of the Kings health,
! upon his own responsibility. \ proclamation to
this effect, and for the further organization OF at
fairs, will appear Immediately. The Diet will pro-
! badly be opened about the 2Oth instant.
! DENMARK.
The Danish Diet was opened on the 4th by the
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