The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-05-06
LATEST NEWS.
TELEGRAMS.
ARRIVAL OF THE NIAGARA.


FOUR DAYS LATER FROM EUROPE
Declaration of War daily Expected
from Austria
AUSTRIA REFLECTS ENGLlND'S ULTlMiTUlI.
HALIFAX, May 5.-The steamer Niagara las ar
rived here with Liverpool dates to the 23d ut
The news by this arrival is alarming.
The steamer Kangaroo from New York passed
Cork on Friday evening, and would be due at Liv-
erpool on Saturday afternoon.
Austria has sent an ultmatum to Sardinia de-
mandng disarmament and dispersal Of her volun-
teers. Three days given for the reply, and ii a
refusal is returned, war would be declared at
once.
Eighty Thousand more Austrian troops have been
Austria has rejected Englands final PROPOSE
tion.
The French troops moving towards Pied
mont.
There panic on the Bourse. Consols closed
at 941%.
The three days given Sardinia by Austria to
consider the ultmatum of the latter, to expire
on the evening of the Oath (Sunday.)
The British Government had telegraphed to vi
emma strong protest against Austrias menace, to
which it was reported the Austrian Cabinet had
replied by refusing to reconsider. And it was also
manifesto
accompany her declaration of war.
Active movements were apparent among the
French troops, who were being concentrated on the
frontiers of Piedmont and at Toulon.
The Passion week holidays in England had pre-
sented full development of the effect of the news
ON the London stock and money market and on the
Liverpool markets generally.
The Paris Bourse fell per cent and quite a pan
ic prevailed at the latest accounts.
The final proposition made by England to Aus
ira was for general disarmament by means of
Commissioners, including from Sardinia and
the admission of the Italian States to participa.
ton In the deliberations of the proposed Congress
at Saach.
All the great powers except Austria had assent
ed, but she refused.
THE LATEST.
The Patrie says General Marmora has informed
the French Government, by telegraph that the
Austrian army had made significant movement on
the strategetica line of Tcnio and that he feared
an attack at any moment.
The Emperor Napoleon had held a council of his
Ministers, which was attended by the Princes Je-
rome and Napoleon as Princes of the blood.
The King of Sardinia also held a counsel of his
Ministers on Thursday.
VIENNA, April 22-The following official state
ment has just been published: Piedmont, which
for some years past has endangered Austrias rights
has been summoned most urgently bv Austria to
diSarm. Besides this demand expressly addressed
to Piedmont, Austria adheres firmly to the proposal
OF general disarmament, although she cannot
make that proposal subordinate to the summons she
has sent to Sardinia
The Constitutional announces that part of the
army OF Paris has been ordered to be ready to
march.
LONDON, Saturday-The Daily Ne,os saws: s'The
reply of the Emperor of Austria has been received.
lie declines to reconsider the responsibility incur
red IN commencing war in the heart of Europe.
Count Buo declares that his master, the Emperor
hart"g taken his course rH pursue it to the end!''
The London Times says that the Imperial Mani
festo which is accompanying Austrias declaration
n n0nIYo ltrSa al, ID.
Austria mistress of position is ready by an
act OF State and deed of to initiate sanguin-
ary drama upon which the curtain is about to rise
No doubt general movement of the French
lorces has already taken place on the entire Pied
montese frontiers.
The English journals generally think the last
chance for peace has about vanished.
The London Herald gives, in semi-otficial form,
speclhc and exclusive Information of the movements
OF the French army, and says that orders have
been given for the embarkatiOn at Toulon of 80 900
troops, who are not to sail, however, till further
orders. The divisions at Lyons, Grenoble, Besau-
con, ETC., have also been ordered to be ready to
march at minutes notice, but not to move till
further instructions.
The total French force destined to cooperate with
SARDINIA in the event OF war is estimated at 10000
men. They will be in two divisons-on e under
Marshal Canrobert, and the other under Gen. Bara-
guaz DEiilliers, and the whole under the Emperor
in person.
The British Ambassador at Turin has returned to
his post.
The Vienna correspondent of the London Times
teegraphs, under date of Thursday noon, as fol-
lows:
ebay before yesterday Austria forwarded a cate
gorlcal summons to Sardinia to dissolve the free
corps. reply is to be given within three days
from the receipt of the summons and evasive an
swer is to be considered equivalent to a refusa'
The Paris MoniteHr of F;iday says "Ausria has
not given her adhesion to the proposition made by
England, accepted by France, Russia and Prussia,
besides which it appears that the Cabinet of Vienna
has resolved upon addressing direct communica-
ton to the Cabinet at Turin in order to obtain the
disarmament of Piedmont. In consequence of
these facts, the Emperor has ordered the concenra
ton of several divisions Of the army on the from
tiers of Piedmont"
There was great panic on the French Bourse
on the 2lst, which continued on the 22d, it being
at one time reported that an actual engagement had
taken place on the banks of the Ticino. The
market closed fiat at 64f 90c., a fall of over 3 per
cent. in two DAYS.
The Times Paris correspondent says that there is
no cessation OF the armaments. Masses of troops
continue to concentrate at Lyons, and an army is
to be collected on the Rhine frontier. Numerous
Cavalry Regiments are already marching.
The mission Of the Arch Duke Albrecht to Berlin
IS SAID to have been completely successful he hav-
ing signed a Military Convention with Prussia by
which the latter engages to send to the Rhine 28-
900 men, under the Prince Regent. In case the
present negotiations fall this force is to be increased
by acontmgent from Bavaria sc, 900 strong, and an
eighth of the federal army corps of 60 900 men,
whilst other contngents will also be held ready to
march as required.
COMMERCIAL INTELLIGENCE
LIVERPOOL, April 23-Cotton-Sae. Of the week 90 900
bales Prices have declined l10G I'd, middling and
lower qualities declining most The sales spectators
Some circulars say fair qualities have declined-but
other varieties generally unchanged
Very little business transacted Friday being
good Friday" The sales of Thursday are estimated at
$500 bales including 600 bales for speculation and ex
port The market was quoted steady on Friday and Sat
urday as follows:
Fair. Middling
New Orleans. ns...'............."S%d 7Xd.
Mobiles Mobiles ..'.''.................7Ad
Stock port 432 900 bales including s57 900 bales
American cotton
STATE OF TRADE-The advces from Manchester were
unavorabe Goods were very dull, though prices
steady
Breadstufs-The market steady No essential change
in quotations There has been regular market since
Tuesday Flour is quoted at los .@l2s Cd per Genital
Wheat is quiet Western red S. Cd Ia 9s sd do white
9s.g10s. Southern los Gl2s Corn is steady and has
M advanced slightly. White 7s Sd.47s. Cd. Yellow IS.
Pork. Sales of the latter at 76s Lard is dull
Produeemcofse is firm Rice is also firm, and has ad
Vanced 6G9d Tea is frmer. Rosn is heavy at As for
common and As Cd ass Cd for medium Spirits Turpep-
tine of all qualities has slightly declined Sales 4Ss "a
LONDON MARKETs-wheat is firm and prices have ad-
vanced slightly Sugar is quiet with decline inferior
qualities Tea has slightly advanced.
MONEY AND STocKs.-The money market is generally
unchanged Bullion in the Bank of England has de.
creased f545, 900 sterling.
The London Stock Exchange has been closed from the
list to the 25th and the result of the crisis has been only
partially developed The ranspired after the Off
cial close of the 21st when Consos without
sales at 94H decline of per from the highest
point of the day previous.
HAvRB MARKETs.-New Orleans tres ordinaire Cot
ton lO1 fr bas lO2 fr Market closed quiet. Bread
stufs market quiet.
LATEST COMMERCIAL INTELLIGENCE
LIVERPOOL, Saturday noon-Cotton closed with a de-
clining tendency. Breadstus generally have an ad-
vancing tendency Provisions close buoyant. Tallow
has slightly advanced.
Especial Despatch
Great Freshet i'm the Observation-Disclosures ense
Destruction of Property
New ORLEANS, May 4.-Immense devastation has
been done in the lower part of the Mississippi Val
ley by the recent freshets. Plantations have been
inundated and the crops destroyed. The loss is es
tlmated at millions and will greatly diminish the
estimate of the next cotton and sugar crops The
water at last accounts not falling, and the
Upper Mississippi was still rising. The fertile tract
known as the Yazoo Bottom, has again suffered
severely.
Especial Despatch.
Heavy Forgery.
CINcINNAT1, May ga young man in the employ
of the Hamilton and Dayton Railroad Company, of
highly respectable connections, committed forge