, 1864-10-09
The Financial Crisis in Eng.
land
Tshtntks in the s.tney Market, failnr:s aud
Great Commercial DIstra.t IN 1eaas,
Lender, Nyerpesl and
Manchester,

L GENERAL STORM BLOWING ur FROM Lnzps
TO IoSDoN-CoAMRRCIAL :D1sFRuYT- AND
rA1lUAEs-BrocK EXCHANGE BOGUS oPaR.
ATo4s A1D ePEcu1AToRs III TIGHT PLACB.
Wrom The London News {city a1tiele}, Sept, vi
The stock markets have again been pre-
judiced to dsy by the feeling OF distfust
which prevails with regard to the condition
ojmercantile credit From the heavy Losses
which are now being incurred in cotton, sis
feared that further failures must take place,
the effects OF which may make themselves
felt In other departments Of business The
funds have declined u per cent aud closed
fatty. Foreign stucks, though dull In tone,
were comparatively well supported. Home
railways have gtTen way. The principal
feature Of the days bustntss, however, Was
the increased weakness sho *n By The shares
patfes. international financial have espe.
cla1ly suffered. Although a certain demand
continues to be experienced on the part Of
the public for good dividend paying lnvesr
ments,E owing probably to the easier pros
pects Of tbs money market, and to the de
clded improvement in the position OF the
Bank Of England, the tone Of the stock mar
kets showed increased depression ut the
close Of business.
TIE LEEDS sFAlLuREs-REpoRTED RUN OF /
AANKRuPr TO NEW YORK r..
[Ftom tha London Times, Sept al
NSAo4Ok pVe1aFe u4A ptEA QlfQlStQ 10 LQ1
public Of Leeds mp to yesterday afternoon -
TO Whist steps the committee Of shareholders
Of the Leeds Banking Company, In conjuoc-
tion with the court Of directors. arc likely
to recommend as to the affairs OF that COM
papy; ent rnmcfs were current that the con-
didoH9f the bank is much Horse than vas
At first suspected. Some further failures,
consequent u?9n The stoppage Of the bauk,
nave occuIzeu- c.112t OF Me8std. SAalde1c,
cloth merchants, has already been mention d
the hIlie ri Mr Iohr Ah-sbsr nf siJsrrnans eas
hn1y Iondnn have h.en ra1n-nad ~ e ~ w
ure beng attrihntab1e to tta an ,nsnsion ut ~
Nessra. Eaaffiei1 ara;nst wnn,o = nxs,tton
of bankrunicv wa onened n fhe f.erds
Court Of Bankm1fcv Tssterdav fThnr.dsv1
The total amonat Of MsssrA s.aiaeidts
liabilities, It is copiectured. win apnrosch
E9o. cd Inward. of ~ 1o0 If Wh;cp r. Vana @ne
ia lie ieeds Bankinp f;omnanv for h,11s nnW
rnnnino. N~~ ~'>@S ~"
Annt9er fa3,ure ia that of Mr. IT Mars.
den. iron master. Leede. f.om whom irtt.r
dated Liverpool. has been received IN = Lsrds'' '
efatipr thst be fonnd All .c1s ~, y ~
add,nS. Jim r r. to NJ yo1f - +hi,, aua ~.
an act of bankruntcv. a neiition Wasxe.ts-, ~,
dav uresented arafnst him IL the T,eed. Rent.
ruptcY Court Oh behaif nt fhe Ier5s Rsnk.
ipe Company. TteIr claim srsfnst hin
honnred for ahont ciS nofa na ~ ~
HID as srcnFftu the ~. Wort~ano @puu. - Icy
n1tS ~ Ea;1.fe an 9esay h .ae TogaGe o. foundry
Der anr csrcnnatoneas nnesanno Ho LITE; .e IN
}hs he1t ~ ~ Ms.t3a1 aoMeset, 10y taa LOSS Of
tae 81 nanA .;;tra y aeen ms. ne serious There
- 3s1 9e potinYe lniof!aatlon that Mstsden has
ielt 70. Ameflea, and many question whether
~ ~ teese1 ~as not luee, a1tnough aa stated
inat t9'are commlMca2ons were to be ad-
ofe.sea 70 btm IN new York. -
TILE DIFFICULTY.
[From The Lordpn TELEGRAPH fctv article, Font at1
eer,ora n,ffIcn;tfas ~ hs";nn."a oep'. -! -!
among some Of the weaker sneGn1ator. n
cotton, and the mischief, 1t is feared. will
spread IN consequence Of the heavy fall,
representing altogether about elxpenca per
pound, that has taken place in the value Of
The staple; The losses thus entailcd-and
ARE aggravated By the dearness 81 money.
and The cbstltleA thrown In the WAy OF 6r1ns
in times like the present that the disturbance
oecaelonea oy failure here and there en-
ssnossiS asinht uss, Wnefe, n iact toere Is not
Inn 3n{arss+ Ia haa,, aof a.a w tae cot
IN rers snnna1eTs o.1 ~. ;t, .uu aast seW yeafs
conrse' ~ he n~cer+sin anoa,,ao o*lng, oi
Ame1ican var Tesnssa,3ons ua,a.oH nano h o. tae
at lepcth inticstfons Of t4'stsh;1isv TaSs an9 da
yeloped themselYea. IN tha EnnW11 srcrnsn: su ua
Of oi,e house and the ren5rfed emS9Rgtn4ssa
ment Of another, Whoss miefnrtune has
formed the principal tonic AZ convers.tinn
this afternoou in yatious parts Of the citv.
One Of the flrms referred 10 IL Hc.srs 1m.1. ~.
richs d Co, and the liabilities as supposed
to amount to e50, 600. but much uncertainty
prevails upon the subject.
In the other case the party in question ia
stated to have informed, his brokers that be
will not be able to pay his eugagements due
tomorrow. Hin dealings arc alleged to heYe
been Of vast extent, and a short time since
he Was understood to have realized about