The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-11-08
LATEST FOREIGN NEWS.
England.
LIVERPOOL COTTON MARKET.

England.
LIVERPOOL COTTON MARKET.
LIVERPOOL, November This weeks
Association says:
"Cotton on Friday last was very un-
settled, and sales were restricted, but since
then, with the declining prices, n fair
amount Of business was done. American
was in good demand, but in consequence OF
the greatly increased supply quotations OF
current grades are reduced fully 9-16d. !;
ordinary is only ii. lower. Sea Island was
in fair request. FIoridas, with pretty good
staple. are half-renny higher. Futures I'M
til Wednesday were dull, despite home
fluctuations. and prices declined 5-32d. for
November delivery and 3-32d. for other po-
sitions. Since Wednesday the strong de-
cline has been recovered, and an advance
of 1-16d. and Id. respectively established"
Disappearance OLA French Financier.
LONDON, November IA Paris dispatch
TO the Times says: IN. Phillipart, noted
speculator on the Paris Bourse, and organ
lzer Of the Banque Europeane,' gave
notice to the Board OF Directors OF that in
stitution four days ago that he anticipated
difficulty in meeting bis maturing liabilities,
and that he was going to Belgium to raise
money. He started, and news from him
was anXiousiy expected; but none was re-
ceyed. The state OF things was examined
into, and it was found that Philippians
liabilities to the Bdnque amounted to from
8, 00D, 900 to 100000 francs, but the BGnque
held as securities an enormous quantity OF
Credit MobIier shares, and it is reckoned
its shares in the purchase OF the Grand Ho-
tel and the Hotel Scribeas an asset OF 3.000,-
OOO or 4,00O,0 900 francs. The position OF the
Banoue was therefore good. The Board de-
ciGpd bat i! had not accepted the responsible
ity of PhiIiparl's Bourse operations. On tie
Boards decision and Philippians disappear
ance becoming known on the Bourseth ef-
feet was like ttunder-clap. Pnillipart was
execrated,' rs it is called, the balance due
by him reaching 6,S00,000 francs"
Great Loss OF E;fc by Floods.
KINGSTON. IA, October 30.-The flood:
have subsidized. Nearly hundred lives
were lost.
The coffee crop suffered heavily by rain
Foreign Notes.
LONDON, November IA dispatch from
Vienna to the Standard says: "a private
letter from Conslantinnple confirms the re-
ports or extreme distress IN the financial af
fairs OF Turkey. Even the pilgrimage t
Mecca, which has hitherto been proviSione(
at the expense OF the Government, is unable
to get any assistance-an event which Ia:
never before occurred since the establish
ment of the Ottoman Empire"
The Peninsula and Oriental Company:
steamer Koisar I. Hind is aground in Suez
canal, causing a suspension of traffic.
The French revenue for the ten months
of the present year exceeds the estimates by
1913, 000. 900 francs.
PARIS, November 1.-THE Bouapartists
have nominated Marshal Canrobert rs can.
didate for senator from the Department Of
Lower Charente. The election will take
place on the 9th instant. .
LONDON, November THE Vlceroy Of
India te:egraphs rs follows: "Ayoob Khan,
Governor OF Herat, is said to be practically
imprisoned in the citadel by bis troops"
The Globe this evening says. Stock;
were depressed during tue afternoon in con-
sequence OF the rumor on the STOCK Elk,
change of the approaching dissolution o.
Parliament"