The day book. [volume] (Norfolk, Va.) 1857-1867, 1865-08-17
LATEST EwS.
FROM EURopE-ATLANT1c CABLE.

The following is all the additional intelli-
gence relative TO the Atlantic cable received
previous to the I'd instant When communal
cation with the Great Eastern ceased
telegram TO Vaentia from the Great
Eastern on the 18th, says the cause of the &C.
cident to the cable previous to that date was
unknown.
The accident caused total loss of insula,
ton, and there was no communication with
the Great Eastern, which up to that time, had
reported 700 miles of the cable paid out.
| The next telegram from the Great Eastern.
was OF the SOtb. A wes lhen gong on we'll
The fault had been removed, aud insulation
was perfect.
| Another telegram from the Great Eastern
on the 3lst, P. M, reported 900 miles of
cable paid out and 700 miles run by the Great
Eas .ern.
| August lst.-l, $50 miles laid successfully,
and all going on we'll.
| ADvIoEs BY THE CHINA
HALIFAX, August l4-The steamer China,
rom Liverpool on the 5ih, Via Qaee ustown
| on the 9th inst, has arrived. She reports
that communication with the steamship Great
Eastern remained suspended Nothing had
| been heard from her sincs noon IF the I'd
| inst.
| Valenua telegram of noon to-day says !:
There has been no change since Yesterday in
the Atlantic cable. TIE original shares
closed at 3ooa35o; preference shares 21a24
discount
Another fatal accident is reported On the
Swiss Mountains. A party of seven were
swept away by an avalanche, but fortunately
only porter was xii led.
| Ancona remains as yet the fArthest point
the cholera had attacked in its north western
i no mi 49,. 4 Il
on the 4th reached "a
| Liverpool, Sunday, P. M, August 6.-The
steamer Baltic, from New York, has arrived
Nothing farther has transpired concs rning
the Atlantic cable, and it is supposed to res
main IN the same state as previously reports
ed. harth currents were returning stronger,
showing That II bad contact with the earth
1,zoo miles from Valentia Sixty-seven per
fcent Was offered, but no Insurance. was effect
ed at that price for the cable.
Tnere Is no political news Of Importance.
Commercial Intelligence.
Liverpool, August g. Breadstuffs quiet and
prices steady. Wheat dull and the improve
ment re .orted on Tuesday has been lost Corn
is quiet, mixed Dos 6da3ls Cd on the spot, ano
29sa29s Sd to arrive.
! Provisons-Beef has an upward tendency
mostly for liner qualities Pork is firmer
Bacon is buoyant and has advanced la2s
Lard f m add advanced 3a5s in the week
lquoted at 78asOs Butter ia irregular, ant
tsllow is active at 40a42s.
Ashes The market is easier for Pots ant
l6rmer for Pearls.
Sugar is quiet and prices steady Coffee il
also steady.
is active, but irregular. Market quiet ane
Isteady.
\ Refined petroleum steady; crude De; refined
/ 2s sd. Tallow active at AIS
\ THE LATEST
Liverpool, Saturday evening, August g.
ICotton-sales to-day 5000 sbales, Including
900 bales to speculato.s and exporters. The
market is Hat and prices unchanged. Bread
stuffs are quiet, and more favorable for the
crops. Provisions are steady. Bacon buoy
ant and still advancing. Tallow finer.
London, Saturday evening, Aug 5.-Con.
soils closei at 89ka90 for money.
American Stocks Illinois Central Railroad
10; Erie Railroad 56a563; United States s 2Os
I6sa6s3
SECOND DIsPATcH.]
HALIFAX, Aug. IA = The steamer China ar
rived at four o'clock this afternoon en- route
for Boston, With l2S passengers.
There was much anxiety and excitement
existing in England concerning the Atlantic
cable, which general feeling was one of de-
preston and hopelessness, although there
were many who retained their faith In a re
nesal of communication.
The Times is Respondent although not en- :
tirely without hope. The Daily Neavs clings
to the hope that the accident is not IRENE
dial, as the weather has not been unfavor-
able.
L hot
Eastern they are employed, slowly but surely
in hauling back the cable.
A test at Valentia shows sthe accident to
the cable to be q total loss of insulation near-
iy 1880 miles from Valentia. This would be
in almost the deepest water along the whole
route.
The Shipping Gazette says: Small insur-
ances were done at Lloyd's on Friday at SO
guineas But most of the underwriters de
clned the risks at any price.
| The Pail Mall Gazette says it is understood
that an astronomer of the Royal observatory
has communicated the following facts to the
Atlantic Telegraph Company:
AT noon on Wednesday, when the signals
became unin telligible the magnetic instru
ments at Greenwich Obser satory showed that
what is termed magnetic storm had com
| menced. These storms cause cur It's to flow
| through Telegraph wires, and seriously atfecs
/ the working of both land aud sea lines. He
also states that although the storm has much
abatt d, curl, nts may still b. passing of sufi.
cient strength to confuse the signals passing
from The ship through thed licate instruments
used at Valentis. This magnetic storm is the
greatest that has occurred for many years."
These explanations are somewhat lesssur-
ing, although the Atlantic Company. in their
official statements, make no aluson to eectri
Cal disturbances.
Another theory is that the ship may have