Dayton daily empire. [volume] (Dayton [Ohio]) 1850-1865, 1859-05-18
Two Days Later.
Further Foreign News by the
ViKO.

NEW YoRK, May II.
The following is a continuation of the vi.
go's news, which wss obtained on the night
of the 10Th.
The abstract was made on board the Steam.
er, and is not as complete as those made by
the associated Press at Liverpool.
The following, is an abstract of the news
! from the London and Liverpool papers, up to
the morning of the day on which She sailed
Friday the 9th inst:
/ FINANCIAL AFFARs.--The bank of Eng.
land had increased the rate of discount to
| AZ per cent.
The London Daily NeaOS city article, OF
Thursday evening says, the alteration in the
Bank rate had no effect in the funds which
opened at the quotations of the previous day
and remained at that rate for an hour after
the announcement. There was subsequently
some huctuation but the closing prices were
one quarter better than yesterday. The rise
in the rate of discount causes sales in
English Railway and other stocks which
have hitherto been held on borrowed money.
1t thus happened that consols improved.
Several other classes ofsecurities have given
way. 64,OOOpounds were withdrawn from
the bank to-day for expectation. 470OU
pounds OF American gold, were also purchas-
ed for the continent.
The Times city article says This was
I me -setthng day in tlnds--On the whole, il
has passed of well, no failures have been
declared; delays have been granted in all
cases. The Bank will now make advances
to customers on six months bills at one-hali
per cent. The demand for discount at the
advanced rate had been very active, both in
bank and in market. Joint stock banks
have raised the allowance on deposits one
per cent; the rate being made 80 per cent.
The advanced bank rate to Az, is merely
the result of the movement of the public.
There is really no excessive pressure for
grants on the part of the mercantile public
but the enormous outlays consequent on the
arming Of Europe absorbs the specie, and
causes continued increase in the value Of
capital.
The London Times says the invaders Of
Italy have not advanced over thirty-iive
miles from the frontier.
The Paris Moniteur of the 9th inst. con-
tains the following:
ALLEssANDRIA, May 4.--The Austrians
who had crossed the Po in small numbers
at Campdia, and pushed the vanguard as far
as Salla, have now crossed the river. The
Austrian divisions reported on the right
bank OF the river are still threatening the
passage Of the Ro, but the river is much
swelled by the rains, and all the lower
grounds are covered on the route.
PARMA, May 3.--The reigning Duchess
entered the city yesterday Part of the
troops went out to meet her, and another
part were drawn up along the roads.
GREAT BRITAN.--The Duke of Malakoff
has had an audience with the Queen, and
presented his letters of recall to France.
The members returned to the new House
of Commons up to the 9th were 552.
The London Times estimates the gain TO
the ministry at IL and the Herald at "a.
The death of the Duke of Lewes is announ-
ced. Lord Godolphin succeeds to the title.
Advices from Vienna state the failure Of an
extensive banking firm, with liabilities
amounting to 100000.
telegram from st. Petersburg announces
that exchange on London had fallen to 33ls
per cent
BRFADsTUFFs, May 5.-Wheat and flour
is held for an advance. In Corn, BUYERS
were in attendance, but afraid to operate un-
less at decline Of 3s@4s per Genital. The
same feeling prevailed in regard to other ar
tieles. IsE .|
LONDON MARKET, May 5.--supplies of
breadstuffs were very small for all descrip-
tions. Wheat quiet and in some instances
Is less was taken for foreign.
LONDON, May 6,2P. M.-Consols for mo-
ney, 9O14 @9034c; for account 90iS @9O2{.