The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-07-08


Lord Palmerst0n defended the act OF the Gov
eminent as the usual precautionary measure of all
Governments in the immediate vicinity OF hostili-
ties. The step indicated distrust of the faith of
the Northern States, and betrayed no want of con
fdence in the Canadians. The time was fit and
proper, because reinforcements only be sent to
Canada in the summer.
The Times continues to maintain that the Ameri-
cans have ground for their abuse of England be-
yond modification at highlands lack of apprecia-
ton.
1t says the Norherners have thrown themselves
into passion, and must be left to recover.
Sir Archibald Alison, in a letter to Cassius NJ.
Clay, contends that the American Constitution is
failure, and recommends National Church and
Monarchy the remedy.
The confagration in London, briefly telegraphed
by the Persia, the most disastrous for genera
tons Immense piles of warehouses on the Surry
side of London Bridge, filled with all kinds of pro-
duce, were destroyed The loss exceeded e. ,000,-
600 sterling. Some estimate the extent from g.
600, 900 to "a 900, 900, nearly all insured.
The probable sales of Consols by insurance com
paniea caused decline on the Stack Exchange
Some articles of produce advanced in consequence
of the great quantities of it consumed
The recognition of Italy by France has been for.
mally announced in the Woniteur, and by Baron
RicasoIi in the Italian Parliament. The latter said
that diplomatic relations between the two coun-
tries would soon be reestabished.
The Roman question was still pending, and it
was hoped that there would be favorable solution
of it,
The appeal in the case of Patterson u.s. Bonaparte
commenced in the Special Court of France the
21th utimO.
The Paris Bourse was fat at eff 60c.
A party of Bourbonsts landed near Syracuse
and were arrested by the troops on the 23d utimo
They were subsequently, shot.
The Italian Chamber had adopted the bill in re-
lation to the national armament.
The Pope was ill but improving at the last
counts.
Agitation in Hungary was reported to be in
cTeasing.
The mails from Bombay to the 9th of Nav, from
Calcutta to the 22d of May, and from Shanghai to
May 4th, had arrived at Marseles.
panic prevailed at Calcutta, owing to the
opium specuiatiOns.
The Chinese rebels had taken Hong Kow.
The CunaId steamer Scotia had been successfully
launched
GREAT BRITAIN.
The proceedings of Parliament on the Goth were
wholly unimportant.
The great seal of Lord Chancellor was formally
conferred by the Queen on Sir r. Bethel, vice Lord
Campbell, deceased.
The great fire in London was still burning in come
vaults, but was becoming gradually subdued, and
all danger Of further explosion was considered
over.
The Prince and Princess Frederick William had
arrived in England on visit to the Queen.
The Prince of Wales would proceed on the 10Th
to the camp at Currah, Ireland, to take the round
of military duties.
Mr. Golden addressed his constituents at Rock
dale on the goth. He eulogized the French Cav
eminent and the commercial treaty with Franc:
denounced the volunteer movement in England,
and ridicned as ridculnr's h's"~~- A." idAa nj
French INVASION.
Politics unimportant.
The Bourse was improving. On the 26lh Rentes
were quoted eff 65c.
The new treaty of commerce between France and
Brazil is confirmed. II will involve general
modelling of tariff duties.
SPAIN.
royal decree admits cotton at much lower du-
ties in Spain from September till January.
The Emperor of Morocco has announced his in
tention to satisfy the claims of Spain agreeabiy to
the proposition of France.
The Spanish proclamation, relative to the Ameri-
can war saws the Queen is determined TO observe
the strictest neutrality between the Federal States
of the Union and Confederate States of the South.
With this view it is prohibited to arm, build, and
fit out privaeers, no matter under what nag, IN any
Spanish port.
Ship owners and captains are prohibited accept
ing letters of marque, and from contributing in
any way to the armament and fitting out priva-
teers.
Privateers and prizes are prohibited from re-
naming twenty-fonr hours in any Spanish
port, save in of argent necessity in which
the harbor authorities are to compel them to pro-
coed 10 as early as possible ana not allow them
to ship out what is necessary, and never under any
pretext, arms and ammunition. No articles be.
longing to prizes may be Sold
The carriage of goods to none of the blockaded
ports is guaranteed except war material and let
tiers, which are prohibited Offenders are respon-
sible for their acts, and have claim for
protection
Spaniards are prohibited from taking service on
either side, and to abstain from all acts which may
be regarded as opposed to the neutrality.
Offenders to be liable to the measures adopt
ed by the begerents, and punished according to
the laws Of Spain. The decree is dated June l7th,
countersigned by Senior Collant and the Minister
of Foreign Affairs.
The Chamber of Deputies, on the 26th, debated
the bill relating to the loan of GOO 900 francs.
Ferrari opposed the bill and attacked the whole
system of Government. Desanetts replied, and de-
menstrated that the Government was following
Count Cavour's system. The debate adjourned.
The official Gazette contradcts the report of the
landing of the Bnurbonsts and disturbers of public
order in Sicily, and says that only three Bourbon
brigades had landed there.
The Paris correspondent of the Times says Rica-
soils note in reply to French recognition is firm
and uncompromisng He does not admit of reser
vations, and declines entering into any engagement
to the future which would interfere with the
completeness of the new Kingdom.
HUNGARY.
The funeral services at Pesth in honor of Count
Cavour were interdcted by Geographic order
from Vienna
1t is reported that additional troops are under
orders for Hungary.
Reports have been current that the English Am
bassador at Vienna had insisted a solution of the
Hungarian question, but sem-official journals give
a denial.
The alarming reports relative to the health of
the Empress of Austria are too true.
INDIA.
The China Mails already telegraphed, had reached
England.
MIR. Lany, the Indian Finance Minister, had
taken sea voyage, and partially recovered from
his severe illness.
Mr. Barnes, Foreign Secretary is dead.
The famine had been effectually relieved.
There slight disturbance in the southwest
ern provinces OF the Indigo districts.
The Calcutta produce markets were more active;
imports affected by embarrassments occa-
stoned by opium speculations. Freights languid.
Hone KoNe. May 12.-The British Minister at
Pekin has declined for the present to grant pass
ports to British subjects to visit the Capital.
The capture of Hankow by the rebels is not con-
firmed, but the instruction is spreading.
Trade is very inanma.e at all southern ports,
but good business is done in cotton goods at
ShanPhae for new ports. New peas were ap-
pearng.
CANTON FINANCIAL AFFAIRs.-Funds on the 10th
were frmer--the late fall having induced pur-
chasers.
Consols advanced "a. Money in moderate de-
mand-6 per cent. generally demanded Increased
ease was anticipated.
The Board OF Trade returns for May show in
creased exports over May of last year, notWith-
standing the American crisis.
The Bank of Madrid has altered its rate of dis
count to per cent.
COMMERCIAL INTELLIGENCE.
LIVERPOOL CorToN MARKEr.-The sales of cotton for
the three days including Wednesday 81 900 bales
IF which 10000 to spectators and exporters The
market closed firm at rates showing change since the
departure of the Persia.
80 STATE OF TRADE The advices from Manchester
lnfa vorable. The market quiet and quotations
barely maintained
LIVERPOOL RREApsTUFFs MARKET.-The weather was
favorable for the crops-rather showery.
Messrs Wakefield Nash & Co and Richardson, Spence
Co. report Flour quiet at 2is Cd G127s Cd for Ameri
can. Wheat steady with better tone and inquiry;
red los. Cd 12s. white 12s (d13s Cd Corn steady
2Ss; yellow 2ss GI2ss 3d. white S0s 93ls Cd
LIVERPOOL Provision MARKET-Beef firm. Pork |
steady Bacon quiet. Lard dull and nominal. Tallow
i9s @l5Os.
LIVERPOOL PRODUCE MARKET.-Rosn dull; common |
oS 90 CGos 4d Spirits Turpenne dull and nominal at
Hos 43s 3D. Pot Ashes quiet at 34s Pearls quiet Su-
gar steady. Rice quiet Coffee quiet.
LONDON MARKET5-Breadst tufts declining. Wheat dull. |
and Is OPS lower for inferior; closing steadier Su-
gar quiet. Coffee firm. Tea firm Rice firm. Tallow |
quiet at SIS G53s
AMERICAN SECURITIEsSales of Illinois Central shares
shares 60 - " ~
s9H. -o'A'''' "e'e quo'eu oS7sg
@ ARREST OF SUPPOSED SPIEs.-William Brent, of |
y ~ Oarollna, and Henry Scott, of Maryland,
oeen arrested as spies and committed to iail