Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-05-30
FROM EUROPE.
Of the steamer Persia.

Trieste dispatches say the naval authori-
ties refused to grant clean bill of health
to vessels intended to convey volunteers
to Mexico. Without it no ship is allowed
to leave that harbor. ~
In the House of Commons Watkin called
attention to the reciprocity treaty, and saw
| danger in assembling United States war
vessels on the fishing grounds, and con-
demned the conduct of the British Govern
ment.
| Layard defended the Government, and
said they were not responsible for the ter-
mination of the treaty, and were fully alive
| to its importance; but the American Cow
ernment would hear of no negotiations
for renewal. He deprecated the speech OF
Watkin as calculated to arouse hostility.
and said the American Government was ac-
tuated by friendly motives In sending
fleet to prevent difficulties.
The Lord Mayor of London, by request
of numerous eminent merchants called q
public meeting to take steps to raise a
statue in honor of Mr.. Peabody in London.
| Situation of continental affairs unchang-
| ed. War looks as imminent as ever. Mar
| shall Benedick issued the first order of the
day to the Austrian army, expressive of
| firm confidence in the army and justice OF
the Austrian cause.
Military preparations are reported from
various quarters. From Italy, particular
| ly. the news is exceedingly Warlke. "a.
France, England and Russia are concen-.
trating measures for European Congress,
with little hopes of pacific result. Lord
Clarendon, in the House of Lords, admitted
confidential communications were passing,
but expressed his conviction that there was
10 hopes of a peaceful solution. 4.
The panic in the English money market
has sensibly subsided; securities have ma
terially improved, but still heavy suspen-
siOns continue, and it is feared many more
| are to follow.
LIVERPOOL, Saturday morning.-Bread-
stu1fs.-Richardson Spence 81 Co. and 9TH
ers report dull market, owing to the tinan-
cial crisis; but prices generally unchanged
for all articles. Winter red wheat los 3d@
los 81 per $50 lbs. Medium coru 30s130s
Sd per 470 lbs.
Provisions .-Bigland & Co. and others re-
port beef dull and tending downward. Pork
slow of sale and easier Bacon quiet and
about % lower. Lard l@2s dearer. Amer
lean 70@7ls. Cheese steady. Brokers'
Circular reports sugar generally steady !;
coffee very quiet. Petroleum inactive: re-
fined g. .....
LONDON MARKET.-Barings Bros. & Co..
report breadstutis steady at late rates. Su-
gar quiet and Cd lower Coffee dull. Tea
dull. Petroleum Is 2l%d.
Financial.
LONDON MONEY MARKETs.-The weekly
return of the Bank of England was the
most extraordinary one ever published
Although the bank had not availed itself of
the privilege granted by the suspension of
the Bank Charter act the figures in the
statement exhibit unprecedentedly violent
changes. The decrease in the bullion was
ES32,335, and in the notes unemployed
94,2l9,495 sterling.
The Daily News, in its city article, says
. An analysis of the bank returns shows
an increase in one week of Gl0,000-
: 600 in the advances OH private securi-
ties. This unprecedented amount proves
how enormous has been the pressure for
accommodation on the part of the panic
3 stricken community. Inasmuch, how
ever, as great deal of this borrowing
was merely precautionary, G5,000,000 have
? been added to the private deposits, and
the increase of G37,760,000 in the cir
culatioh results mainly from the desire
of country bankers to secure themselves
p against all contingencies, and the notes
: withdrawn are not really thrown into cir
= culatiOn, but are tor the most part boarded
= The reserve of notes is reduced to E30,000
d so that it is quite within the power of any
O one of tpe great joint stock banks, by
|
/ the Bank of England to avail itself of the
i authorization contained in the recent
!. Treasury letter. There seems to be now d
n fair prospect that the bank will be able tC
y tide over the crisis without violating the
Il law. The GS32,000 of coin and bullion
II Withdrawn must have been taken away
4 by Provincial, Scotch and Irish banks, as
- measure of precaution. e..
# Some additional suspensions are reported
l. including the Oriental Commercial Bank
# the New Zealand Bank Association, Messrs
"a Frazier 81 Co., Indian cotton merchants
i etc.
! On the 18th the tone of affairs in the
;. London market was favorable. ConsOl,
were firmer, closing at S714@S715. Money
! was in better supply and first class bill
were in some instances taken at 81 PEE
cent.
AMERICAN SECURITIES Bros
II say 5-20s have advanced to 6513@ 3@66, under
e extensive purchases for the United States
l. In other stocks no changes, quotations
e nominal.
LIVERPOOL, May 19.-Cotton sales to-day
VI 5000 bales, market dull with little inquiry
n and weak prices, midding uplands quoted
= at about 215d. Breadstutfs quietand steady
n Provisions market dull.
The War Prospects.
f. 1t is officially stated at Berlin that thert
"a was no necessity for the Prussian Govern
ment to send reply to the Austrian not,
, of May 4th, since Austria therein declared
!, all discussion on the question of disarma
" ment was exhausted.
A Florence correspondent of the Daily
q News: Before June the Italians will havt
"a 100000 men under arms, of whom 300,00
, will be on the northern frontier. The war
Ia 1t Is said, will be commenced by the erup
tion of Garabaldians into Venitia.
An official Italian paper points out tina
Italy will consider any attack of Austri
upon Prussia as directly against herself.
A correspondent ofthe Times, writing OIL
n the 10th, says: There seems to-day glm
70 mer of hope that after all peace may b.
preserved. The King of Prussia is knOwI
to be hesitating more and more as the crit
ical moment approaches.
a LATEST PER PERSIA.
If LIVERPOOL, May 19.-Another Londor
e Bank, the European, suspended to-day
8. Funds and securities are generally dull anC
e lower, closing flat. There are rumors oi
a. additional suspensions in commercial cir.
If cles. 1t is generally stated that Boult
s, English e. Brandon, of Liverpool, will
IS show ample assets and pay twenty shilling'
on the pound. ltna ''.',
LONDON, May 20.-Reports concerning
the European Congress are conflicting. i
is said that Austria has refused to join.
: Nodirect negotiation has as yet been ad
!" dressed to the Courts of Berlin, Vienna anC
i Florence. ......-.