The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1860-12-21
FoREIoN NEWS.
OWE WEEK LArra IRON suRorE.

The steamer Europa from Liverpool Dec.
lot and Queenstown ID, arrived ut HALIFAX
Dec. Is. :,
Victor Emmanuel left Naples Nov. 80 and
arrived at Palermo Dec. /, where he was
enthusiastically received.
liverpool. Saturday p. NJ. Sales OF cot
ton to-day 6OOO bales, including 500 to spec
ulators and exporters; market closing quiet
but irregular.
The Europa brings $3.50, 900 in specie.
Paris, Dec. /. The Pays says that the
stay of Victor Emmanuel in Sicily will DO OF
short duntion.
The Patre states that according to the
latest news insurrectionary movements were
increasing in the Abbruzzi. Col. Beda-
grange, with 1000 Sandman troops. occu'
pied the deiiles of vellino, q position OF im-
portance. Several guerrilla companies were
being organized, and the Piedmontese were
forming flying columns in order to act ener'
getically on the point menaccd.
London, Saturday evening. The funds
have been influenced by the unsatisfactory
character of the bank returns. Consols I'd
yanced l.S per cent.
The Empress Eugcnia would visit the
Queen at Windsor Castle on Tuesday, and
depart for home in the evening.
Great Britain. The Bank Of England re-
duced its rates of discount on Thursday from
6 to s per cent. The movement had no ef-
feet on the funds. The demand for money
on the following day was very active both at
the bank and in tho open market. The rate
for best bills In the street was from 4 to D
per cent. American adyices caused consid-
cradle anxiety.
Seventy thousand soyercigns were drawn
from tho Bank on Friday for shipment per
Europa for the United States. A large
amount was reported to have been withdrawn
from the Liverpool branch. 1t was expected
that the steamer Atlantic would take heavy
amount next week. These movements Of,
fected the funds, and consols declined l-S on
Friday.
All the financial writers canvass the pros
poets of tho American panic. Tho Times
city article says the panic has reached
stage resembling some of tho worst days of
1857, but leading commercial men seemed
aware of its utter groundlessness, so that the
alarm was by no means equal to tho aSlta-
ton.
The Times argues that the receipts Of gold
from England will Immediately change the
whole character Of the New York money
market.
Italy. The garrison of Gacta had made a
sortic in orier to capture the strategical po-
sitions in the suburbs. but were repulsed with
great loss. The following is given as the po-
silion Of affairs:
Gaetd, Nov. 10. The Piedmontese fleet
has returned to Naples, the intention being
to make an attack on the land side. The
advanced Piedmontese were 1900 metres from
tho mola and forts. They were placing 100
nortars in limo to open fire, and three out
OF the FIVE batteries constructing were ready.
The besciged kept up an Intellectual fire to
obstruct the construction of tho batteries
Typhus fever prevailed in the garrison, which
was too crowded-numbering $4,000. Tho
Piedmontese numbered $1,000.
Austria. Serious disturbances, with loss
of lie, were reported to have occurred at
Debrielin and Eperiries, in Hungary, ON tho
Goth.
The Paris correspondent Of the London
Times reports that no government has made
any overtures to Austria respecting the ces-
sion or purchase Of Venitia.