The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1862-01-24
Additional by the City of New York.
st. Johns, N. f., Jan. 90.

st. Johns, n. f., Jan. 70.
Some journals argue that definite an
swer was not to be expected BY the Eu
ropa, and think the cause of peace lose
nothing by delay. Others construe thu
delay unfavorably.
The Morning Post thinks it diminish
rs the hopes Of peace. and thinks tn,
Washington Government. will propose
compromise which will not be for mo
ment entertained
The Times asks why should the deei
| sion be delayed it favorable for peace. ane
| says the immediate surrender Of Masor
and Slidell would have been greatel
blow to the confederates than victory OF
the Potomac. and worth millions of dol
lars to the Federal exchequer Russell
in his correspondence to the Londol
Times, predicts that the Cabinet at Wash
ington would refuse to surrender UP Ma
son and Slidell He also says that vic
tory over the rebel army has become .
political necessity, and that Gen McGiei
Ian is being pressed on all sides to make
forward movement.
The advices by the Europa caused ar
upward tendency in war risks at Lloyd's
The Paris Patrie and Pays say that tn.
Government at Washington offered to re-
store Mason and Slidell on condition thai
England would not recognize the south
ern confederacy.
The London Morning Herald says tina
if the Mason and Sliteli affair is settled
England and France have an inducemen
on commercial grounds to recognize ,ht
well earned independence of the confed
crate states, and that unless the step i,
manfully taken by the Ministers at once
it is certain to be taken by Parllamen,
on its assembling.
Thi Daily News says that any recogni.
ton of the confederate states is too abhor.
rent to English principle to be really a
subject for apprehension
Additional batteries were under orders
to embark. The Times shows that by the
middle of February the squadron Of Gen
| Milne will number line-of battle ships
80 frigates and rs corvettes and sloops.
of-war
The privateer Sumter on arriving of
Cadiz with the officers and crews Of three
federal merchant vessels, solicited per.
mission to enter. The American Consn
demanded that Il request should be re-
fused, but it was granted on condition
that the prisoners should be placed under
the protection of Spain, and the Sumte,
then entered the port without being salu
ted. 1t was rumored that the American
Consul would leave on account of the res
olution Of Spain
| The British Parliament is summoned
to assemble February 9th.
The Paris Bourse was firm and higher
rentes eff 90c.
Canton, Nov. 80, 186l.-A coup d,
etat has taken place at Pekin The Cab
met have been imprisoned and new min
istry formed.
LATEST VIA QuEENsTowN.-The Cit,
of Washington and Jura both arrived
here on the 9th, and brought the an
nouneement Of the satisfactory adjust
ment of the Trent affair. The rendition
Of Mason and Slidell to the custody Q
Lord Lyons was received with the great
est satisfaction, but some Journals com
plain Of the ungracious manner in which
\ the Washington Cabinet proceeded. 9th
ers accord due credit for the act and tn
! graceful manner with which the settle
mcnt was conducted.
Wakefield Nash & CO., report Flou
dull at 20s@33s per barrel. Wheat YER,
| dull; Red Western and Southern Mt / L
4d@12s Sd; White Western and South
ern l2s@l8s Cd. Corn firm; holder
demand advance; Mixed 32s@32s Cd
/ Provisions, market generally quiet AMI
steady. Beef steady but quiet. Porl
unchanged and quiet. Bacon dull and de
clined 1s@2s. Lard, downward tenden
cy. Taiiow dull. Sugar 6rm. Cole,
steady Rice steady and unchanged.
! London, Jan. S.-Brcadstuffs dull an,
slightly declined. Sugar market quiet
Coffee FIRM. Tea steady. Rice firm.
| London, Jan. s Money narket--Con
soils closed Tuesday at 974D92s; Amer
ic1n securities dull; Erie It. II. shares 2
O2s.
Latest via Queenstown, Liverpool
Thursday Consols advanced to 98i TO
money. The Bank OF England has re
duced it's rates Of minimum discount Il
81 per cent.