The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-06-07
EUROPE.
Details by the City of Wash
ington and Australasian.
THE LONDON TIMES ON MIR. sEwARD's
LETTER.
The Feeling in Favor ofthe Rccosnitition OF
the Southern COnfederacy.

The screw steamship City of Washington, Can't.
| Roske which sailed from Liverpool at p N
on the 3d. and fl ON Queenstown on the 23d ult.
arrived at New York about noon on Wednesday
with the European mails, passengers and specie.
The steamship Austraasian, Capt. Hockey
| which sailed from Liverpool at 10 A. NJ. on the
| 25th, and from Queenstown on the evening of the
| 26th ult, arrived at New York at 6 o'clock or
Wednesday evening with mails, specie and passen
gers.
Her advices from Europe are two davs later than
those received by telegraph from Farther Point.
The news is meagre and unimportant.
The case of the Emperor OF Austria versus Kos
suth, IN the hungarian note case was still in abey-
ance in the Court of Chancerv, London
The law relating to the redemption of compulso-
rY labor by the peasants in Russian Poland had been
published. 1t indicates four different methcds by
which the redemption may be effected The pea
santry will be finally relieved from compulsory la.
Dor on the lSt OF October next.
Great efforts are being made bY an English COM
pany and government agents to increase the Weld
OF cotton from Queensland, North of Sydney, Aus
tralIa. The home government promises a premium
of Gl0, or fifty dollars to settlers for each bale of
the staple successfully saved.
At a meeting of the Atlantic Mail Steam Com.
pany GALWAY line), in London, the resolutions
passed at the last meeting, authorizing the direc-
tors to carry to the debit of capital tAe balance of
loss. Including preliminary expenses, depreciation
shares. and to exercise the borrowing powers of
the company to an amount not exceeding one half
the nominal capital, were confirmed
The Madrid Correspondence of the 10Th of Nav
states That for the present st. Domingo will be
governed by the same laws Porto Rico and Cuba,
and the same will be The with any other colon
which may hereafter come into the possession of
Spain. 1t is also considered probable that the
military command of st. Domingo will be exer-
csed by General subordinate to the Governor of
Porto Rico, but that the Chief military comma nd
will be, for the present, transferred to the Captain
General of the island OF Cuba.
Paris letter says NJ. Theirs is seriously un.
well.
The Sultan was suffering from an attack of
dyspepsia.
The Independence Beige states that the Cabinet of
Turin had rejected the conditions upon which
France consented to evacuate Rome, and that
things would consequently remain for some time
longer in stdtu quo. The recognition by France of
the new kingdom of Italy will not, however, be
delayed, but will take place be(ore the end of
June.
Tranquility prevailed at Milan The number of
arrests growing out of the late disturbances was
about 100.
NJ. Martino. the new governor at Naples, had
issued circular intimating the intention of the
government to uphold legality above the move
ments OF political parties. lie nstructs public
tunctonaries to listen to all complaints and divers
opinions, but not to entertain accusation unless
accompanied by proofs. He urges the strict execu-
ton OF all orders issued by government.
The mails, with dates from Calcutta to April "a,
and Hong Kong to April Is, were expected to reach
England on the 9th of May.
A Calcutta despatch of April 20, received via
Point de Gale. states that the duty on cotton twist
and yarn had been reduced to cent The in
creased duty on salt and opium in India was ex-
pected to bring in f700,0OO.
Exchange at Shanghae was quoted at Gs. 315d.,
and at Hong Kong at As I'd.
The tea settlements at higher prices, the
stock being insignificant. Silk dull and lower
The British expedition had returned from the
Yangtse.
Hankow was invested by the rebels.
Messrs Barring, of London, in their circular
dated on the 24!h of May, in the evening, say:
In American stocks business doing at present
quotations United States SIS 72 Maryland sterling SIS
6Od6S; Pennsylvania SIS bonds, 67GG9 Massachusetts
sterling SIS, 95 Virginia 6s 45G4S; sterling SIS 47d49
Boston City \ per cent, e. Pennsylvania Centra Rail
road bonds, S2dS New York Central rs 30: Illinois
Central rs S3; Canada SIS, 1O1 (GOIA; New Bruas-
wick 6,s. los I-ll0sA: Nova ScnIia 6,s. Jos lLIna