Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1858-01-15
FINANCIAL MATTERS IMPROVING.

cles. The Bank Of Ireland has folio wed the
example the Bank of England, and redused
its rates of discount ts s per cent.
On Monday, Dec. Is, the funds were very
buoyant, prices advancing nearly per cent.
The best paper was readily negotiated in the
discount market at IL per cent. The de-
mand at bank was moderately active, but bull
lion still rapidly augmenting. On the Goth
money continued to gov easier, with every
prospect of further reduction in bank rates.
Great BrIruin.
The Court Circular reiterates the story that
the King of Holland intends to demand the
hand of the Princess Alice for the young
Prince of Orange.
The Earl of Spencer is dead. Lord AL
thorp, just returned from the United States,
succeeds to the peersge.
Lord Harrowby has resigned the office of
the Privy Seal, on account of ill health. Lord
Clenricard succeeds him.
London, Wednesday, Dec. 3d. From
Tsmes's City Article. 1.-The funds opened
steadily, and showed tendency to increased
irmness during the whole day, until after
regular hours, when a sudden decline took
place, attributed to operations in connection
with the failure of the dealer announced yes.
terday
Money was in rather increased request,
consequent upon the approaching termination
OF the year, but there was a full supply for
loans on government securitiee, at 4 10 per
cent, and even l IL per cent, in the dis
count market. About G40, 900 in gold were
sold to the bank today, and there was an ar
rival of $4,000 sovereigns from Scotland.
More Failures. Times city article states
that yesterday two suspensions were an
nounced, viz Messrs. Tupton, Hooton, &
Co., an old house of repute in the Manches-
ter trade, with Liabilities to the amount of
$4,000, and Hinton Brothers & Co., Old
Broad Street; in neither case are the pros
poets OF liquidation unfayorable.
Burning Of an american SteGmer.--A letter
from Capt. Castle commander of the steam
ship Sarah Sands, narrates the partial de-
struction of that vessel by fire, and the mar
row escape of the troops and crew. The FIRE
was discovered at ga o clock, and at l-2
o'clock the flames burst through the upper
deck-shortly after which a fearful explo-
sion took place in the port magazine.
By this time the ship was one body of flame,
from the stern to the main rigging and
thinking it hardly possible to save her call
ed Major Brett, in command of the troops,
forward, and told him my opinion, requesting
him to keep order among the troops to the last,
but at the same time to use every exertion to
check the fire.
No person can describe the manner in
which the men were to keep the fire back.
One party was below keeping the bulkhead
coal, several of whom were dragged up sense
less, and fresh volunteers took their places,
but were very soon in the same condition.
AT II r NJ, the main topsail yard took
fire. Mr.. Welch, quarter master, and four
We ROldlnra 0ff III
and succeeded in extinguishing it, but not
until the yard and mast were nearly burned
though about midnight he appedare to. have
made some impression on the FIRE, and after
that drove it back inch by inch until day.
light when it had been completely got under.
The ship now appeared in a fearful plight,
merely the shell remaining, the port quar-
ter blown out by the explosion, fifteen feet
OF water in the hold, and the ship rolling
heavily and taking in large Quantities of wa
ter aft.
Miscellaneous Ne,Os Hems.-T There is scarce
Iy any news Of general interest in this morn-
ing's journals. II is announced that at the
close Of the year Mr. David Barclay Chapman
will retire from the firm of Overend & Co.
India.
The Bombay mails of Dec. 4th had reached
England.
Cacatta mails to the 25th of Nov. had
arrived at Trieste, and were expected in Lon
don the day after the Anglo Saxon sailed.
The news of the relief of Lucknow is con-
trmed. The enemy fought desperately. The
rebels had not evacuated Lucknow. Sir Co.
lin Campbell asks for renforcements although
his force is computed at IL, 900 men, in fine
order. The women, children and sick
were safely conveyed to Cawnpore. The
lighting before Lucknow was very severe on
the 10th; the enemy suffered enormously.
The tight on that day was one of the bloodiest
ever witnessed. On the 10Th the enemy were
fleeing in great numbers from Lucknow, and
firing had nearly ceased. The bodies of so
oepoys were counted on the spot
The latest accounts are not very ineligible.
Two telegraph clerks had been murdered near
Alumbach, the news being thereby stopped.
When Sir Colin Campbell left Cawnpore
on the 18th, he rode forty miles at
stretch. In his engagements he relied upon
the artillery as much as possible, thereby
avoiding unnecessary loss of men. Nena
Sahlo with all his men and baggage had join
ed the rebels at Gwalior. The Gwaior con-
tingent was still at Calipee. Divided ooun-
sells being alleged as the cause of their mac
ton. 1t is reported that the son of the King
OF Delhi and two nephews have been tried by
the military commissioners and shot.
The steamer Chersonese arrived at Madras.
leaky
The Daily Netos Bombay correspondent
says the rebels at Dude have placed boy on
the throne, and keep him in state at Fyzabad,
city OF 100000 inhabitants, defended by a
large tort with wall and ditch, round to wers,
and new intrenchments. Here the last
grand stand may be expected.
Three companies of the 34th Native Infan-
try mutinied at Chittagoug, and marched to
Dacca, and one hundred Europeans were
sent to intercept them.
Jaunpore Territory is threatened by large
force from Dude. Serious disorders were an
uclpated from Raja Poytna. European
troops were urgently wanted.
The steamer Sarah Sands, while conveying
troops to India, took fire on the 18th of No.
vemoer, and burned for fifteen hours, and put
INTO Mauritlus for repairs The troops showed
perfect discipline. The preservation of all on
board was extraordinary.
France.
IheSenate is convoked for Jan. 18TH The
Council OF State was presided over by the
emperor, who declared against the system of
obligatory agricultural insurance. The Times
raris correspondent is assured that exilod
generals have had permission gwen to return
10 France without condition.
Naples.
The official report of the roceut earthquake
says 1t was confined principally to the interior.
All the Villages inPotensa are in ruins. Twelve
villages have nearly disappeared. Four hun
bred dead were found at Castillo, and thirty
at Polla.
Fresh shocks were felt at Naples on the 10Th
and goth, but no damage was done.