The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-07-30
LATER FROM EUROPE
ARRIVAL or THE AFRICA.
The London Times Opinion of the Issue of
the Present Contest.

Sr. JOINS, July 29.-The steamer Africa passed
! Cape Race on Sunday afternoon.
! The news by this arrival is unmportant The
| Presidents message vari0usy receive by the
| press, and obstinate struggle predicted. The
| Times thinks that Southern independence will be
| the ISSUE
| The English journals all crticise the message of
| President Lincoln. The Tmss SAYS it altoo ether
confirms the impression produced by his first mes
sage. He outweighed all the chances of inter
nicine war, and as bystander the editor thinks
that the recognition Of Southern independence is
the issne in which, after infinite loss and humiia-
ton, the contest must result.
The London Pilot says--''At this date it is idle 10
argue on the question of legal rights, il is for the
Government to put down resistance as soon as pos.
sible." 1t predicts can obstinate and sanpuinary
struggle" and while protesting personal hostility
to slavery, reioices at England's neutrality
The Daily News eulogizes the message, and says
1t sets at rest the question of compromise and that
the Government is now in position to secure bv
energetic action, the sympathy of foreign powers
The Telegraph and Star quarrel with the message
and say it Is very unsatisfactory
During a debate in the House Of Commons on
the rumor OF the possible cesson of the Island of
Sardinia to France, Lord John Russell said that
soch scheme could not be permitted, and would
terminate the alliance between England and
France. He did not believe that the Italian gov.
ernment contemplates such an act
Continental politics are uninterestinr
The Paris bourse closed dull-Rantes eff 75c
vienna telegt ans confirm the resignation of
Baron Fav and unit ESession, and their being ac-
cepted. Count Forguch has been appointed Chan.
ceilor OF hungary in the place "f Baron Vay.
COMMERCIAL INTELLIGENCE.
LIVERPOOL, July 2Oth.-Cotton-sales of the week
ll3 900 bales, including % 900 bales spectators and
the amount Tor export Inferior grades have ad
vanced H@&d. Fair and middling are barely "a
higher The sales of Friday amounted Il, 900 es,
the market closing firm
Breadstufs The weather has been favorable for the
crops and the market for Breadsufs closed dull
Messrs. Wakefield 4 Nash quote the market for -four
dull and prices weaker
Messrs. Richardson, Spence & Co say prices have de-
cned Cd ais. Flour selling at 26d2Ss Wheat is very
dull and inferior qualities offered at considerable
decline: Red 9S. Sd dlls Cd white los Cd I12s Cd
Corn is steady-yellow 2Ss. Cd G29s white ais Cd
G32s
Provisions Beef is steady. Pork is quiet and quota
tions are m maintained Bacon is dun and partially de-
ciIned Lard is steady at 49s. cd d5ls Taow is firm
and steady at ASS.
Produce-Ashes dull Pot all qualities slightly
declined-saes at 29S Cd (3Os Pearls 32s Rosin firm
lower qualities has improved mOs-sales 6s Cd IA M6s
81 and at Is to arrive. Spirits Turpentine steady at
lSGf9s. Sugar is firm Coffee is quiet. Rice steady
Carolina 23s Sd Lnseed Oil firm at 3Os 81 6}3ls. 6d.
dency for foreign Metals-Iron dull Sugar firm Cof
fee firm Rice steady. Spirits Turpentine closed firm at
sis. Tallow has slightly decned-Sae, at ASS. Tea
closed quiet but stead v.
MONEY M,RKET.-Consos closed at S9IGS9T for mo-
ney and SO z GOO for account
American securities generally unchanged
THE LATEST.
QUEENSTOWN, July 2l Cotton closed firm at Liver
pool. BreadstufS closed with declining tendency;
quotations barely main tanned. Provisions quiet
LONDON, Saturday Evening July 90 -Consols close at
s9&GS9$ for money and s9% Gls9A for account.