The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-05-08
FURTHER FROM EUROPE.
The Financial Panic.
BARNED's BANKING COMPANY LIVERPOOL.

| meeting OF Shareholders VIII De nnld next week
| to determine upon the course to be adopted.
! There is, however, but little doubt from the pro
ceedines which have been tax, n by some of the
| creditors, that the concern will be wound up.
Certificates of indebtedness are, 1t s said, to be
| furnished to the depositors, so that they may
negotiate them with other banks.
MEssRs. SMITH, KNIGHT COMPANY, LONDON.
From ME London Times city Articieb AprR23
The report of Smith, Knight & Co. Qimited)
the company whose embarrassments last autumn
initiated the breakup of the finance speculation
to be presented on the 3Oth instant, states that
the directors, in concurrence with the commit.
tee appointed by the creditors, have steadily di-
rected their efforts toN ards the completion of
the existing contracts, most of which are eX
pected to be finished in the ensui lg autumn,
while a. the same time they have strictly avoided
enteriLg into any new business.
Under an arrangement with the Sandman
Railway they are to receive Gl65,0 600 in six per
cent mortgage bones, ledeemable at an early
PERIOD whlcL bonds will be offered to the ere
dltOrs pro rata in reduction OF their claims. The
directors conclude by urging the shareholders
to respond TO the calls which it has been found
absolutely essential to make. The direct la
bllty OF the company, including the sum of
t2Il,6 OF paid up capital, is now f79l 1925, and
the assets nominaly show a similar total
FINANCE AND TRADE IN FRANKFORT.
From the London Times (City ArticleJ AprR23.
The advces from Frankfort describe contin-
ued teverishness on the Bourse. Every rumor
sends Austrian funds violently up or down, and
the fluctuations of last week were five per cent.
The undemonstrrtive course OF the Emperor
Napoleon evidently causes great apprehension;
but still it is said the general opinion Is that
ultimately there will be no war, and that COM
promise will be arrived 1T. Capitalists are, for
the most part, buyers, and take up whatever the
spectators offer for sale. Hence money not
only continues abundant at the stock exchange,
but prices Tor most stocks are higher for cash
than for time. American bonds are again in
good request, and their frmness is increased by
the knowledge that there is large speculative
account open with adverse operators
Meanwhile, however, the political anxiety
begins to tell upon trade. The Leipsic fair has
been the worst on record. Letters from Creleld
and Elberteld give lamentable picture OF the
state OF the manufactures. Credits will be with
Drawn and mills closed if the present uncer-
tanty continues. WAR" it is observed, "would
at once cut off all the resources of Prussia, as
she draws her taxes particularly from industry"
The corn markets remain dull; but oats are
slightly higher. Forged notes of twenty thalers
OF the Leipsic Bank have been detected.
Affairs In Japan.
THE TYCooN's AMERICAN IRON-CLAD SAID TO BE A
FAuURE-HER JAPANESE PURCHASER COMMITS
SUICIDE.
From the London Times, 4pril 25.
Letters from Yokohama (Japanl OF the 25th
OF February state that an lron-plated corvette
purchased in America for the Tycoon had
arrived there. He requested Rear Admiral
Roze, who commands the French squadron on
the station, to have it fitted out for him. The
trigate Guerrero to do SO. The Lieutenan took
with him quaTtermaster and some French sea-
men, together with two hundred and fifty
japanese and the corvette will shortly be
ready for sea. The French authorities
in Japan consider this a proof OF the
confidence which the Tycoon reposes in them.
The Tycoon had further resolved to melt down
all the old coin and to issue new.
The construction of a new port in the bav of
Yokohama is to be commenced, on the arrival
OF French engineers and overseers, who were
expected on the 10Th of last mouth. The Tycoon
had likewise determined to build number of
lighthouses. Foreign ships are to pay dues for
their maintenance, which are to be regulated by
an agreement with the consuls.
Further accounts from Ieddo, of the 9th of
March, state that the corvette purchased in
America was found, on examination, to be very
defective, and roo have cost too mucn. The Ja-
panese engineer who purchased her had COM
mltted suicide.
Sporting.
THE FRENCH TURF
Paris CApril 22j Correspondence Of the London Star
The steeplechase at La Marche came off yes
terday. The attendance was not only numerous.
but more select than usual. The weather was
magnificent, although the heat was somewhat
oppressive. The sport was very good. The
events of the day were the two matches IN
which the Duke of Hamilton made his debut as
gentleman rider, although the fact OF his
Grace weighing fourteen stone aud half is not
particularly propitous for earning success in
that occupation, and was probably the cause of
his defeat Yesterday.
He showed the true spirit of a Douglas, how
ever. In the first race alone he got three falls,
to say nothing of hip bath; but rode on all the
same. In the second he could have won had he
chosen, inasmuch as Count d'Evry had conside
rabe difficulty in making his horse clear the
river. The duke cantered on evidently for the
mere pleasure of enjoying that most enjoyable
OF all sensations, rum The duke rode the first
match against Prince Murat the latter winning
easily with "Fille de Pair H." In the second
match his grace rode "Newry," which was
beaten by "MastTillo," ridden by Count d'Eyry.
The Emperor was not present.
THE SHAH OF PERSIA OUT SHOOTING.
The official journal of Teheran gives the fol-
lowing account of shooting party in which the
Shah had taken part:-The royal parsonage
who casts on the earth the shadow OF God, has
passed his time very agreeably in the chase at
Diadjroune. With the aid of God he killed
thirty-two head of game and deigned to bring
pheasants. The Grand Sypachsadar minister
Of War;, who accompanied the great Sovereign
Of Iran, obtained a remarkable distinction, for
his Majesty, who dispenses his grace and gene
rOsity so unsparingly, deigned to present him
with partridge with his own hand.
The Ex.RebeI PriVateerI
CLAIM OF THE UNITED STATES FOR THE italia
HAssEE."
Admiralty Court London, April 24, before the
Right Hon. Dr. LushingtOn.
| THE ''OAMELEoN " OTHERWISE THE TALLAHASSEE
This was suit instituted on behalf of tue
| Government OF the United States OF America to
| Oo am possession of the vessel CdmeLeOn, other
| wise Tallahassee 1t will be remembered that
| the Tallahassee was one of the Confederate
| cruisers, and in that capacity succeeded in cap