The New York Herald Newspaper, November 17, 1857, Page 1

THE NEW YORK WHOLE NO. 7747. ADDITIONAL FROM EUROPE. ARRIVAL OF THE CITY OF WASHINGTON, THE LONDON MONEY MARKET. The Attempted Launch of the Great Bastern. THE MISSION OF SIR WILLIAM GORE OUSELEY, de, &e., &e. ‘The screw steamship Gity of Washington, which left Baverpoo! at noon on the 4th inst., arrived here yesterday merning. Ber advices bad been partially anticipated by the news telegraphed from St. Johns, N. F., after the Ariel passed Gape Race. Wo,baye full files, however, by the City of ‘Washington. The following is the specie list of the steamship City of gesbaseae 3 8 ‘The English mai) steamer La Plata arrived at South- ampton on the 30th ult., with the Pacific, Mexican and ‘West Indian mails. She had on freight:— ‘Specie and bullion on merchants’ account from ‘Tampico and Vera Cruz...........0-eeeeeeeee 857 Ditto, across the Isthmus, from the Pacific ports. 259,070 Dito, from California... . 281,064 Ditto, from Carthagena... 118,340 Bitto, from other parts of the West Indies 13538 ‘Total value... —Or £200,173 sterlin; eomprising $11 serons of cochineal, 17 bales of tobacco, and 6 cases of tortoise shell ‘The Liverpool Albion says:— ‘The bombardment ofGreytown is a subject painful to ‘the reflection of all rightminded men, both in England and fhe United States. The facts are now familiar to the pub. Ie, and we shall notrepeatthem. On Saturday Sir William Gore Quseley, K. C. B., sailed for America in the Arabia. that he is entrusted with full rstood to this delicate question with the Fone United States, and also the other tezed questions rela to Central America and the Mosquito Indians. In making this appointment Lord Palmerston has selected @ minister not connected with his own political agency. It ie stated that as the bark John W. Brookman, of and for New York, was leaving Sunderland, a serious misun- @eretanding prevailed on board between the captain and fhe crew, because the latter complained that the vessel ‘was not fully manned. One man bad been felled with an faze, and the position of affairs was such that measures Ihad been taken to intereept the vessel. James Morrison, one of the wealthiest of the “merchant priuces” of London, is dead. The value of his property is estimated at nearly four millign pounds sterling, a con- siderable portion of which is invested in sound securities tm the United States, ‘The shipping returns of the British Board of Trade for the month of September show an increase in the em ployment of all kinds of vessels, except American; the business of the latter having been affected by the com mencement of the panic. ‘The Catholic Bishop of Toronto, Canada, in addressing a eengregation at Kilkenny, is said to have earnestly en- treated the people, if they could by any possibility remain im Ireland, not to think of emigrating, as it was almost in- eredible the misery and wretchedness he constanuy wit- nessed among the unfortunate Irish emigrants. The inundations in Piedmont were subsiding. The @emage done was great, and the populace wero suffering meuch from the vistation. ‘The Paris correspondent of the London Post says that friendly negotiations have taken place lately between oertain great Continental Powers regarding the reduction of their respective armies. The government of France ‘will certainly economise in this important item of public expenditure, and the Emperor of Austria, according to late despatches from Vienna, has agreed to a reduction of his military expenditure. ‘Telegraphic communication by submarine cable between Sardinia and Algeria had been established. The con- tractors were about to lay the cables between Cagliari and Malta and between Malta and Corfu, and with good wea- ther, it was hoped the operations might be completed in a fortnight. From Austria the official gazette of Vienna announces the imposition of a tax of one kreutzer upon newspapers. ‘The impost is to apply to foreign as well as local journals. ‘The revenue receipts of the Zollverain for the first six months of 1857 amounted to $12,910,109, against $12,137,- 668 in 1836, showing an increase of $772,601. The Grand Duchy of Hesse shows tho greatest improvement. In the receips from Hanover, Nassau, and Electoral of Hesse Shere was a falling off. It ig stated that the plan proposed by the Austrian Minis- ter of Finance for ameliorating the financial situation{ is ehher that a large reduction of the army shall be made, or that the direct taxes shall be considerably increased. According to a Paris letter in the new Prusgian Gasette, fm June last a convention was entered into between tho Awstrian and British governmente, to the effect that in case @ a revolutionary outbreak in Italy, Austria may rely for the protection of her dominions on the friendly services of Great Britain. ‘The German intention of interfering in the Danish-Hol- stein affairs is anid to have caused considerable sensation tm Denmark and Sweden. The official organ of the Swo- lish government taxes the Germans with a desire to pos- tees themselves of the Duchies by means of unjust in- erference with Danish rights, An energetic debate on the subject of liberty of con- ience was being carried on in the Chambers of tho hwedish Diet. After seven days debate the the bill was ‘The Constantinople correspondent of the London News ays:—By news from the Circassian coast we learn that a wockade is established there by means of Russian vea- els. A fow days ago the fourth corvette from the Baltic jamsed through these straits on her way to the Euxine. Shen again in Nicolaieff they are completing a ship pierced oe 120 guns, and it is said that the keels of similar ships we on the stocks. ‘The London News of the 2% instant says:— Asomewhat singular presentation was made to her Ma- at Windsor Castle on Wednesday last. Mr. E. But- of New York, had the honor of introducing his re- acon dog “Prince” to her and he in the quadrangle. This dog was born in 0 — and resembles in color somewhat the coach-dog other days. He is remarkably docile, yet poesesses un- @ual courage and strength. ‘The steamship Niagara arrived at Liverpool at 6 o'clock @ the morning of the Ist inst., and the North Amorioan lerived there at 3 A. M. on the 4th, Ov correspondent in Liverpool sends the follow! re. gE the movements of the London money pode bd nee of the Arabia:— irday the Sist ultimo the absorption of console tte agp ¢ continued, and the closing price for was 2X. vory active demand. for money was ‘and or cent was freely oftred for loans exhil on *ptock, wi BucceRS. was withdrawn from the Bankn considerable sums ‘Th range of conaols during the month of October was aa meh as 4 per cent. Moday, Nov. 2, being the day for the half yearly pa- lancet the Bank of England, was kept as a holiday at och Exchange. Consols, however, were nominally qnots at 89% a 00, the heaviness being attributed to the unsaefactory nature of the news from America by the jiagra. In the discount market the demand was rather ‘eesing, and in some Cages choice bills were negotiat- ed wa fraction below the bank minimum rate. ‘Th shipment of apecie (silver) to the East by thosteam ero the 4th inst. was ascertained to be £966, ‘Te failure of Winterhoff, Piper & Co., of Hamburg, is anwunced, with liabilities ‘estimated at'l,600,000 marks bawo. (a Tuowday, the 3d inet., the market for console wae berry, and the closing quotations were 89% a 804 for mowy apd account, Thy discount market was unchanged, iz 2 but money was rather easier to be obtained on the stock exchange, although at the Bank there was no diminution in the pressure, Over £200,000 in gold had been drawn from the Bank since ponyig and an apprehension pre- vailed that a further rise in the rate of discount to 9 per cent would be the consequence. Owing t the holiday on the Stock Exchange, and the non-arrival in Liverpool of the London papers of Wed: oe we haye no quotations for American securities , Oct, 31, On that day the market was active, and Minois Central 10010, Michigan. Ceatrals of 2800 told at Teg: Erie 070, ni £0 5 donde of cs at 46, and Pennsylvania Central po kt| ‘mort- gage at 86, {From the London Times (City Article), Nov. 2.] ‘The of consols by the public steadily con- tinues, and although the improvement yesterday was as much as three-quarters per cent, there was at one time to-day a further advance of like ude. Consols for money, which closed last evening at 89%, were first quoted a 90, and after some few variations they went to 9034. demand in the discount market being still extremely active, there was then a general dispos: to obtain loans on stock for short periods, and six per cent was freel: red without’success, This inomentary pres- sure checked the prevailing buoyancy, although it is seen that the largeness of the temporary advances lately ob- tained upon stock must operate in favor of prices when ‘that comes to be reclaimed, and a slight reaction occurred, sales being made at 901. Ultimately, however, there were buyers at that ion. For the new account on the 7th of December the last were at 90%. The circumstance that after the of December consols will be quoted with the 134 per dividend off, has had its usual influence in purchases. Rank stock left off at 208 a 210; reduced, 8944 & 8034; new 3 per cents, 894¢ a 804; India stock, 210 a a aigindia bonds, 46. discount; and exchequer bills, 163. @ 10s. discount. Monday, the 2d of November, being the day for the half yearly balapce at the Bank of England, the transfer offices will be closed, and also the Stock Ex Business im the foreign stock market has been limited, Ayres have been continue firm. Buenos cents, 9734; Spanish deferred, 2634; for the account, 2534: 80; do. 4 [pr tgeny: eerie 9844 and 983g; Dutch 234 per cents, 64; and the Dutch 4 per cent certificates, 974. The final quotations of the French Three per cents on the Paris Bourse this evening were 67{. 2c. for money, and 67f. 10c. for the present accouut, showing an advance of an eighth. The rate of discount at Hamburg has advanced to 834. The gold taken by the Arabia to New York is £204,582. The demand for the continent continues, and about £96,000 was withdrawn from the bank to-day to pay for silver lately purchased. At the same time some rather numerous parcels of sovereigns are taken for Ireland and Scotland. The Bank of England accounts are, therefore, not likely to present any encouraging features during the next week or two, The conviction, however, seems uni versal that it is only the immediate prospect that need be regarded with anxiety, and that even if an increase of pressure should be threatened for the moment a month can scarcely elapse without the commencementof a course of restoration. Confidence at Liverpool and Manchester, and in the ma- nufacturing districts generally, is still upheld in a manner to excite surprise. The apprehension of further banking difficulties has greatly subsided, and the stoppage of the Borough Bank (Liverpool) has been followed by much Jess excitement than might have been feared, look ing at the large amount of its deposits and general liabilities. From the system of management which it is alleged will be developed whenever a full inquiry is made by the shareholders, it will probably ‘be found that the fact of the extinction of this institution, if it had happened at a time free from a tendency to alarm, could not have been regarded as a public mis- fortune. The course of the Bank of England in connection with the attempts made to sustain it is admitted on all sides to have been perfectiy clear and strictly in accord- ance with sound principle. The terms on which aid would be granted were distinctly stated, and were never varied; but it seems that the parties negotiating on behalf of the Borough Bank were two sanguine as to their ability to comply with them. Annexed is a table of the fluctuations in stocks and shares during the month of October. The range of consola has been unusually extensive, showing a difference of 4 per cent between the highest and lowest prices, although at the conclusion the market has returned tothe precise position in which it stood at the commencement. per- severing investments of the public, which have beén on the scale commonly observable when consols fall below 90, coupled with the news of the taking of Delhi and the consequent conviction that the Indian question is now reduced to one of reorganization, instead of re- conquest, have counteracted the effect of the diasters thrown upon us from the American crisis, the further re- duction of nearly two millions in the bank bullion, and the ‘advance in the Tate of discount to 8 per cent. In railway shares the fluctuations have also mn violent, and the rebound, except in a few cases, has not been equal to that in the funds. Kast Indian, however, have experienced a decided improvement:— FLUCTUATIONS IN THE STOCK MARKET DURING THR MONTH OF ocToRER, 1867. ing fund, and that the future issue of railway bonds wili be restricted under regulations between the companies, the Bank of France, and the government In the railway market there was a general advance in sympathy with the funds, and although the highest prices were not fully maintained the final quotations show an im- provement ini most descriptions of bs. to 108. Great West- ern of Canada were slightly higher. Grand Trunk, which at one period of the day marked 42, afterwards receded, leaving off at two o'clock at a reduction of 108. American securities were active, and Illinois Central and New York Central closed at an advance. From the London Times, (City Article.) Nov. 8. ni being the day for the fn yearly balance I tho Bank of England, the transfer offiees wore closed, and it was kept as a holiday at the Stock Exchange. There were consequently uo regular transactions in the public funds, but on ‘Changs console, which left off on Saturday at 90%, were nominally quoted 89% to 90 for money, and there were buyers at 90 at the cloee. The heaviness was attribu- table to the news from America. showing that the recovery = by the previous mail had been only partially main- In the discount market to.day the demand waar rather lens ing, and in some cases choice bills were nego- tiated at a fraction below the bank minimum. The pay- ments falling due on the 4th are not unusually large, and im London there is every appearance that they will be well met. The corn market was quiet this morning at the rates of a | last. The final price of the French three per cents on the Paris Bourse this evening, was 67f. for money and the present account, showing a decline of an eighth. The ap- ‘h of the settlement has caused a full demand for , and applications have been numerous at the Bank The drain of gold to the continent Continues, and about £40,000 was withdrawn from the Bank to-day. precise amount of specie to be shi by the Peninsular and Oriental steamer Ripon on the 4th, ig £966,846. Of this sum £160 is for Alexandria, £500 for the Mauritius, £969,316 for India and Ceylon, and £96,880 for China and the Straits. Nearly the whole of it is silver, the gold amounting to £12,152 only. Some acceptances wore returned this afternodn of Messrs. R. Wilson, Hallett & Co., of Liverpool, the cor. respondents of Messrs. Robb, it & Co., of New York. Thiet com Gbctlon ts tone om war’ , but itis such difficulties ag have arisen may but tem) . @ private letters from New York to-day do not sone an material veriion, but they reach only to of while the accounts via Tinta are tothe 294, and report a considerable decline in all sorts of securities. This advérse movement ap- pears to have been caused by the arrival of the Europa, which left Liverpool on the 10th of October with the news of the first advance in the Bank of England rate of dis. count, which occurred on the 8th, and was from 6% to 6 percent. The further advance to 7 cent would be sia “o ont 1) pro! iy be found they Bare fanistod to restore, cout tment cea! rebound seetns to have arisen banks, who, in resorting to suspension, have one of the chief benefite 04 for from it, namely: a tial restoration of the note circulation, which, in ir efforte to save themselves, they had contracted to an ‘amount far below the requirements of the country for ite internal trade, Hence the only advantage at present felt wae from the it entered by all the of the or Legislature of the State to legalize their ned suApe . The le of New York, the amen constitution of 1846, j i f 5 cases of panic it mum ever constitute the sole safeguard of the community. Unless banks are supposed to lock up all their customers’ cash and never make the elightest use of it, they cannot be empt from the consequences of @ popalar mania, and bank that continues paying after it hae become clear th: an indiscriminate run is established actually gives a pre- ference to the very persons whore ineanity is creating the evil. If the State of New York wiehes to establish a sound paper circulation we may hope to see it adopt Sir Robert Peel's act as a model, reserving to itself, as has been the cage in England, the right of a free community Cal tl ok Y ¢ ? i] { j x) #i HERALD. MORNING EDITION—TUESDAY, NOVEMBER 17, 1857. to deal, through its representatives, with any exigenc that may afterwards happen. J vslnasciesie' A meeting was held this afternoon of creditors of Mr. A. Hill, shipping agent and commission merchant, whose suspension followed upon the announcement of the failure of Messrs. Ross, Mitchell & Co., with which firm he had had some rather large accommodation transactions. A stavement of affairs, prepared by Mr. Chatteris, the accountant, was submitted, from which it appeared that the twtal liabilities expeciod to be pana ‘against. the estate are £61,268, of which £50,477 is on account of ac- commodation bills. The assets are estimated at £17,430. A proposal was made on the part of the insolvent that a composition be accepted of Ss. 8d. in the pound, py ble in three instalments, extending over a year, to su ceeded by a further dividend of 28. 4d. to the trade credi- tors only, secured by an assignment of claims of the estate upon the drawers of the irregular paper. After a short discussion a resolution was passed accepting the terms, subject to confirmation by all the creditors within one menth. At Hamburg the rate of discount remains at 8% per cent. The cause of the recent advance was the purchase of £60,000 in silver on London account. AMERICAN RAILWAYS. [From the London Star, (City Article) Nov. 4.} dene. Illinois Central 6 per cent, 1875... Oo. Tver cent, 1876.... 16a 6% Do. _ do. Free Land, 1860, Do. $100 shares $40 pakl.. 6a796 3d Do. do, 3d mt'ge, 1883163 a Do. (sinking fund), do, 1875, bonds, con., 1872...........+-.. Pennsylvania’ Centrai bonds, 1st mortgage, con., 6 percent...... /85a Do. 2d mort., 6 per cent (atg.),'86 a THE PARIS BOURSE. ris (Oct. 31) Correspondence of the London Post.] ere are threc good reasons why quotations might have risen this week at the Parisian Bourse—viz.,the publica. tion in the Moniteur of a very favorable budget, the fall of Delhi, and an improvement in the advices from America. Yet the week closes with comparatively little advance on quotations of October 23. On that day the threes were at 66.90, and this afternoon they closed at 67.10. The same status quo reigns with regard to railway shares and financial associations. The promising events of the last few days, therefore, have simply prevented a further fall.’ In fact, the money — markets throughout Europe are affecting each other to such an ex- tent during the present crisis that it is impossible to ex. pectany isolated improvement at a particular bourse. Gold is travelling about the world just now to an amount never before known, causing the precious metals to be kept out of circulation and use to an extraordinary degree. There is almost as much gold and silver travelling about ‘on the seas as on the land. France continues to import and export toa considerable amount. In September the account stood thus:— Importation. Exportation. + (5,744,000fr. —-29,155,220tr. + 86,471;700fr. 10,123.200fr. OO re at 62,215,760fr, 39,278 420tr. And the present month’ will show still more ‘extensive transactions. Nothing has been done yet to improve the condition of Austrian finance. The Paris Moniteur publishes the budget for 1859, drawn up by M. Magne. The French Minister of nances, after passing in review the budgets of the ten pre- ceding years, declares the finances of France to be in a most flourishing condition. If (re says) your Majesty will deign to glance at the general state of our finances, you will find that all the essential elements are favorable, and ought to inspire the fullest confidence. M. Magne Proposes that an additional sum of 5.000,000f. (9200,000) shail be divided between different departments of the Ministry to increase the salaries of the under offi- cials. That the 11,000,000f. (£440,000) granted to the Ministry of Marine in 1858, shafl be increased by a further grant of 8,000,0001 (£420,600) for the improvement of the navy and oe 4 é announces a surplus of receipts of 48,000,000f. (£1,920, 0). Of this surplus he proposes that 40,000,000f. (£1,600,000) shall be devoted to the Sinking Fund, and the remainder kept as a reserve for unforeseen eventualities, THE MONEY PRESSURE AND TRADE IN PRANCE. [From the London Star, (City Article,) Oct. 4. Mercantile letters from Paris state that all the French houses having relations with the United States follow the phases of the commercial and financial crisis in that coun- try with the utmost anxiety. They do not disguise from themselves the diffleulties: which they have to surmount They are under heavy liabilities for consignments male w America, in the full expectation of remittances which they now cannot expectto receive for a long time to come. The effects of the crisis, however, upon French commerce ge- nerally is likely to'be less serious than many people sup pose. Most of the houses that do business with Americaare Nery wealthy, and quite able to weather the storm. omo u ‘or to renee tocome. Retail trad branches. for movement in the factories, which was remarked in Sep- tember, and during the first fortnight of October, has also slackened. The difficulty in negotiating bills forces all the manufacturers to restrict their credit, and in many in- stances to decline orders. Cereals are generally lower— not so much on account of the abundant harvest as be- cause holders of corn and flour are in want of money. THE STEAMSHIP LEVIATHAN. Failure of the Attempted Launch—Accidentto the Chains, and Injury of Men Employed. As reported by the Ariel, the launch of the mammoth steamship heretofore known as the Great Eastern, bat now formally christened Leviathan, was commenced at noon on the 3d instant, [From the London Post, Nov. 4.] ‘The result of yesterday’s attempt to move this monster of marine architecture into the river has proved that the pemeivle adopted by Mr. Brunel for effecting this unparal- icled operation is sound, practicable aud absolutely certain of ultimate success. Although an accident, to be lament- ed for its effect on some of the workmen engaged, has led wa eye a. until next month of the tina! consum- mation of his object, no doubt can be entertained, from the experiment which has been made, thaton the renewal of the endeavor, early next month, the eminent engineer will achieve everything which the directors of the Eastern Steam Navigation Company and the public could desire. nee. S eee SS ich he has proceeded has been le sufficiently demonstrated, and now all that is required is Poy. some slight damage sustained by a portion machinery, and the tunity of the next tides, to put the Leviathan aft. ie Bee The first great step has been accomplished. The ship has fairly moved upon “the ways,’’ stem and stera, four feet from her original position. After this announcement few will an; lage ere doubt of the principles and calculation by which Mr. Brunel has been guided. ‘The actual progress made towards the water by the stem of the pe feet nine inches, while the stern bas advanced more than four feet—a difference which will be presently explained. ‘The preparations made for the launch were so fully ox- in our article of Monday last that we are relieved rom the necessity of having to enter into details on these ce. ‘The motive powers used were, in the first place, ydraulic pressure against the cradle; and, secondly, the tractive operation of chains carried round the hull of the vessel and communicating with lighters moored in the river. Three of these chains were acted upon by machine. genre thters; a fourth, round the stem of the ship, was worked by a emall steam engine erected in the yard, the chain revolving by double upon a lighter. construction of the drifms reund which the checking Sane and their controlling brakes, are sufficiently arrangement was completed at an early hour yesterday morning, and before 10 o'clock the yard began to fill with visiters who had received carts of admission. them were several distinguished seien- tifle individuals, w speared to anticipate with profound interest the great event of the day. members of the ex royal family of France were among the early arrivals. ‘They were received by Mr. Yates, the secretary, who ex- iained to them the nature of the machinery by which the jaunch ie to be effected. His Excellency the kieh Am~- the Minister, the part of the works as to have scarcely a of Pond ly & moment to receive the greetings Precisely at half-past 11 o'olock the ceremony of chris toning the ship was gracefully and spirited|; by. Miss ‘Hope, the “oughter. af ihe ‘shaisan of the Sa awe” being the name As scon as this form had been gone . Brunel ave the signal for Knocking away tne tow fact reroni “ghores’’ and ‘‘stays,”’ and now the Tnachine stood ages solely on her cradles, awaiting the relaxation of the checking cables, which up to this moment had been kept perfectly taut. is Was a toment of intense interest to the spectators in the yard, who now numbered ye & couple of thousands. river was covered with craft of all sizes, aud on the opposite shore myriads of ahxious lookers on might bé observed, impatiently waiting for the moment, which those more favorably situated perceived to be imminent. p The first step necessary wak to relax the checking Ca- bles; and this part of thé process was begun shortly after od midday The operation had as far as was necessary to permit the pplicaion the tractive and motive power, when, y Mere the Jottey had been brought to bear, the ye sel suddenly acquired motion, and more quickly than was expected moved towards the water. One conse- quence of this unforeseen rapidity in her change of posi- tion was a Violent revolution of the brake attached to the sternmost checking cable, the handles of which suddenly flying round, unhappily struck several of the workmen nearest to them, causing sovere fractures and other se- rious injuries. Great alarm was naturally caused by this misadventure, but Mr. Brunel preserved an admirable presence of mind, and by his example, encouraging the assistants, the checking machinery was re-applied, and the motion of the vessel stayed. The injuredinen were re- moved to the Poplar Hoepital, and as soon as the excite- ment had subsided Mr. Brunel again anplied himself to car- Ty out the object of the day. In his mind the one groat point of the vessel’s motiou had been achieved. But the facility with which it had taken place suggested danger of @ precipitate descent to the water, and consequent Jeopardy to a. Teviers to which the tractive tackle ‘was attached. deammadiogaly determined to preclude this possible risk by removing the lighters referred to, and dispensing with the tractive with them. The delay thus occasioned made it two o'clock before another signal for the relaxation of the checking cables could be given. No doubt, however, rtained that the vessel would be afloat by three o'clock. At ten minutes after two, the cables having been again relaxed, the motive power of the hydraulic pumps and the stationary engine at the vessel’s stem were set in motion, and expectancy was again strained to its utmost pitch. ’Mr. Brunel himself stood by tho checking cable where the accident had occurred, watching and directing every movement, and receiving instant of the proceedings at other ints. The pumps were kept going at short intervals, and the steam winch at the stem was in almost constant play for nearly half an hour, but no motion was effected; and now became ap- parent the want of the tractive power lost by the removal of the lighters. The pumps and the steam winch continued to work up to a quarter to three o'clock, without producing any effect, when a startling sound as of thesnapping of metal was heard. This was found to arise from the fracture of several teeth in the cog-wheel of the steam winch in connection with the engine. ‘This produced such an erecunalning romans on the cable at the stem of the ship that one of the links gave way. ‘This additional loss of tractive power put an end to the possibility of floating the ship yostesday. ‘There was no time to effect the necessary repairs ‘n the few hours inter vening between yesterday morning and the highest flow of the morrow’s tide; and therefore it became inevitable to defer the entire operation until the December spring tides —an announcement which Mr. Brunel himself made with entire confidence of success at the period specified. Mr. Brunel was efficiently assisted thronghout the day by Mr. Jacomb, and by his son, Mr. Henry Brunel, ‘The weather was fine up W two o’clock, after which hour the rain fell heavily, The London Times of Wednesday, the 4th instant, says that a postponement of further efforts to the second of December had been resolved upon, and that in the mean- time the ship will stand in great danger of settling, owing to ne immense pressure (12,000 tous) upon the new made ear The Atlantic Tei Enterprise—Satlin of the Ni mary mm PL . “4 {From the London Post, Nov. 2 ‘The affairs of the Atlantic telegraph appear to, go back- ward; but this is only temporary. The American frigate, the Niagara, has landed at Keyham the whole of the cable which still remained with her after the unfortunate fuilure a short time since. The frigate has started on her way back to the United States. The portion of the cable has been safely stowed away in large vats, having been passed through oil, in order to preserve it from the effects of the rust. The whole of the cable has not yet been tested, bot in several parts it has been found to be imperfect, and a considerable portion of it will require to be replaced by new wire. The Agamemnon will commence at once the delivery of her portion of the cable at Keyham. Mr. Bright, the engineer of thes com. pany, has proceeded to Valentia with a small vessel to re- cover the 400 miles of cable which were lost in the late attempt to lay it. The shore end of the cable, consisting of the heavier portion, can be underrun withoutany great difficulty, and itis expected that the whole of the smaller line will also be recovered. How far the recovered por. tions may yet be made available will of course depend entirely upon the condition in which they may be when recovered, A very large quantity of new cable will be required, even if the whole of that at present made were perfectly sound, as no attempt to submerge the line will © mado Without a very much larger quantity of ‘slack’? Deing provided than wasat firsteontemplated. ‘The whole of the capital of the Atlantic Telegraph Company, consist- ing of shares of £1,000 each, has now been called up; but the company has pawer to borrow a sufficient amount of additional capital to complete the work. Previous to the departure of the Niagara, Captain Hud- son and the oflicers of the ship, in return for their courte- ous reception In England, the civilities and hospitali- ties which they have experienced in England, gave a public ball and supper, on Thursday, at Piymouth. Immediately oppesite the grand entrance, over the or. chestra, and supp by three stars—bine, red and white, neatly formed of swords and bayonets—were the words, “Let there be peace between me and thee, be- tween my people and thy people, for we are brethren.” ‘This fraternal expression was illuminated by an arch in front, which bore thirty-one gas burners, each shade ex- hibiting the name of ono of the States. Below wore three burners ornamented with the rove,, shrmrock and with three at the other end in concord. flags of thor uations, harmoniously adorned the side walls. In a conspicuous por!- tion on the right was that of Prussia, united with the white ensign of England, in compliment to the tials of the Princess Roy: Austria and Belgium, in alliance between the royal families of those nations. Devi ces of arms, skilfully arranged, and festoons of flowers, and evergreens, gracefully formed, completed the tasteful display. Similar decorations adorned the supper room, the tabiee of which were sumptuously spread. The Mayor of Plymouth, the Earl and Countess of Morley, the Coun tess of Mount Edgeumbe, Lord Vallefort, and others of the neighboring nobility ‘and gentry, with the heads of the naval and military departments, were present,and the entertainment throughout was equally gratifying to the officers and their visitors, and fully accomplished the desired intention of forming a happy conclusion to the visit of the Niagara. The consort of the Niagara, the steam frigate Susquehanna, Captain Sands, left Plymouth on the 30th of September for Spezzia, and is now on her way to New York, An Ei View of Mexican Affairs, {From the London Times, Nov. 2.) ‘The accounts from Mexico by La I’lata state the dis- order which reigns throughout the country to be in- describable. Marauding bands, each numbering two or three hundred men, infest all the interior districta, while the official classes, degraded and mercenary as ever, wander at the gaming table the gains of corruption: ‘command of a reginent or an appointment in a cus tom house constitutes the readiest means of fortune, and the contraband system, being thus a chief dependence of civil and military employes, is carried to an extent that has entirely extinguished the possibility of fair trade, and has thrown the profits of all commercial operations ‘into bande of the most depraved classes. Cotton, linen and woollen manvfactnres brought by land over the Ameri can frontier are to be obtained at 30 per cent under the Cost price of those imported in a regular manner by honest merchants. The administration of justice is marked by the same features, and, finally, the all-pervading shameless ness is exhibited in the highest degree by the general overnment in ite treatment alike of its home and eign créditors, the revenues being profusely exhausted in pandering to the army and satisfying the avarice of favorites. One of the most approved modes is said to be by nominating partisans to extraordinary diplomatic mis sions, paying them one or two years’ salary in advance. and then allowing them to remain at home. With regard to the claims of the English bondholders the utmost in- difference is shown, and, owing to the belief that their own government will do hothing for them, their position ‘ncoms to be simply ® subject for polite jests. If, under these circumstances, it should turn out that the arsistance by the British Cabinet fo enable the Memican government to escape the national extinction that would have inevitably from a collision with Spain is to be granted without any conditions being exac the creditors will havea lasting ground of complaint. Nothing can be woree than their it prospect. Any change would therefore hold out a chance of benefit, and the British government can hardly deprive them of that chance without recog nizing that special measures should be taken for their tion, General Cavaignac’s Death and Fuancral. The death of General Cavaignac was the most important: topic in France. The event took place while he was out shooting, on the 28th ult., near Tours. The General was in the act of raising his gun to bis shoulder when he felt a weakness suddenly creep over hun, and he had scarcely time to hand bis gun to an attendant who stood by, when he fell to the and expired. He had just completed his fifty fifth year, Madame Cavaignae would not hear of the remains of her husband being interred elsewhere than proceed: a special train should be at once got ready. The demand was at first refused; but on announcing who she was, and whose were the remains she guarded, it was forthwith complied with. The obsequies of the General took place on Satur- day the Sist, in the Chureh of St. Louis d’Autin. All was conducted with order and regularity, although the streets through which the procession to mevery of Mont matre , Were crowded, and about 15,000 people fol Jowed the irae to the of the cometery. Quite a large troops took pert in the proceedings, and many prominent republicans and literary and political celebrities were present. The procession contained far lese of the democratic element than was expected. An imperial carriage was looked for in the train, but none was there, As the hearse passed every hat was raed. and the spectators often ret bareheaded un ‘it is out of sight, No address was spoken over the the soldiers paid tho usual military honots caret felt at the deaiy of jie General is Jeseribed ag sleep and universal, General Wilson of Deihi. TOTHE EDITOR OF THE LONDON TIMES. It appears that the victorious General Wilson, now in possession of the bloodstained stronghold of the excrabie Tautineers in Central India, is ag agp: ae ¢ from his coolness and determination to be a ve of Scotland. Now, without detracting one iota from the acknowledged bravery of Scottish our fellow subjects, I venture, through the medium of your well known journal, to inform such of your readers a& may feel interested in the matter that neral Wilson is not only an Englishman, but a native of Norfolk, cousin of the present Lord Berners, educated at the Norwich Grammar School, and a fellow student of the gallant Sir James Brooke, Rajah of Sarawak. Norfolk has produced in a preeminent degree men ‘famed for deeds of arms,” from the immortal hero Nel- son down to Windham of the Redan, and Wilson of Delhi; and as such England has just cause to be proud of her eastern couuty, aud that county of her gallant sons. N 1L KRECTOR, Markets. Lonpoy Money Marker,—Turspay Evewinc, Nov. 3.— The eons influence of the Ambrican news received by the Niagara yesterday has been again apparent in tho market for the public funds, and a further decline of fully {6 Per cent has taken placo'in prices. It must, however, ne in mind that the close of the present account is ‘approaching, and that those who consols at the commencement of last week are enabled to secure a ver’ food profit by gelling at the present quotation. A s sion re CA Be business eee day has Me od Tealization of profits upon speculations for rise in prices. For immediate del consols have been fai ee Dao ureannee as we account a a "4 Prices wer 8055 haga bots tor taney “ein: tae care rent account, and for the December settiement business was done at 903 to 90%, the closing quotation being pa rather buyers. ere has been business in ue stock at 210 8 1 9; India Bonds under £1,000 omark 47s, and Ads. dis.; Exchequer Bills for £1,000 have been sold at 15¢. and 20s, dis., and the Sinai! ills at 14s. ‘and 9. dis; the Exchequer bonds of 1859 being done at % 9734. he preparations having been for the most part com- pleted for the retirement of the commercial bills falling due to-morrow (this day), there hag been somewhat less activity in the money market, and the rates of discount have been a shade casier for Very high qualities of com- mercial bills. In the foreign stock market there has been a good deal of business done, and prices have beenrather flat. Peru vian bonds continue to exhibit much unsteadiness, and closed rather heavily. ‘The railway share market has exhibited much heaviness to-day, prices having ruled from 10s. to 20s. below the quotations of Saturday last. In the market for foreign railway shares business has been rather active, and quotations have been steady. In the market for miscellaneous shares there has been a good deal of business done, and prices have varied but little from previous quotations. Canada shares mark ‘The rates of exchange this afternoon were generaliy firm at the quotations of last post day. About £50,000 in gold has been withdrawn from the bank to-day for export to the Continent. The precise amount of specie to be despatched to-mor- row (this day) to India and China is £956,846, of which £854,141 is for India, £72,036 is for China, and £23,834 for Suez. Panis, Mornay, Nov. 2.—The liquidation of Rento has ssed off heavily, though the variations were without importance, The rates of continuation to carry over bar. gains to the end of November have been heavy. Railway sbares steady. Threes have been done at from 67fr. 66 ‘80c., for the present account, and at from 67fr. , 46c. to 67ir., 30c., for the end of November; Mobilier varied from 78d{r. to 796fr.; Austrian, 672fr., 50c., to 675fr.; Orleans, 1,310fr. to 1,816fr.; Lyons, 840fr. to 846fr.; North- ern, 875{r. to 877fr., 50c.; and Southern, 642fr., i0ec., to S45ir. The market continued steady to the close, when the following were the last quotations :— Fr. Ct. Fr. Ot. 43g per cents... 90 75 Crédit Foncier...... 516 — Do. end month..... —— Belgian 44. “97 50 3 per cent 67 — Piedmontose 5...... 90 — . 83 — Do. account., 195 — o debt... 3 RICHARDSON, SPENCE AND CO.’8 CIRCULAR. ; Liverroor, Nov. 3, 1857. ‘Sinve Friday there bas been rather more tone in the grain trade, and at Mark Lane yesterday a firmer market was reported, To-day we bad a better attendance of buyers than for some time past, millers from a distance having been at- tracted by the late largo arrivals. Tho bulk samples offering, — were few, and, with a fair inquiry & moderate business was done in fine qualities of Wheat, Dest descriptions of red brought generally an advance of 2d. per bushel. White soid at irregular rates, 78. 11d, @ 88. 3d. being taken for prime quality. Inferlor kinds, both ‘white red, were unsaleable, al though offered at very low prices. Flour was slow of sale, without change in value. Indian corn in limited re- quest, ata reduction of 6d. per quarter. We quote wheat —red . 8d. ats. Sd.; white, 7#. 3d. a 8a. 3d. per 70 Ibs. Flour—Philadelphia and Baltimore, 208. a 30s.; extra Ohio, 308. a 31s. 6d.; Western, 27s. a 288. per bbl. Indian oorn—mixed and ye! , 368. Od. a 378. ; white, 408. a 41s, per 480 Ibs. Bxay continues slow of sale. Dealers stiil purchasing only as they require, and obtaining an occasional advan- * in price. Pork very dull and aominal. Bacon.—Only a few retail sales are making of best qualities at late prices. Lakp—Quite neglected—68s. is the nominal quotation for good. Roem hae receded to 4. 3d. in store, at which 1,500 Baxk.—No transactions to report. 10s. 6d. was last price paid for Philadelphia, and 7s. 6d. for Baltimore. Cortox.—The market is dull and depressed, and prices have relapsed to the lowost ratos of last week, the sales to-day being only 2,500 bales, all to the trade. In Man chester there is very little ‘business doing. Middling, Oricane, 8 }4d.; Mobile, 8%. ; Uplands, 814. per Ib. bbls. common have been sold. ‘The Launch of the Russian Corvette. At half past 9 o'clock yesterday morning the Russian steam corvette was launched from the yard of Wm. H. Webb, Fsq., foot of Sixth street, East River, agreeably to provious announcement, From four to flye thousand per- sons, including many ladies, were present to witnoss the launch, and a number of distinguished Russian officers and gentlemen were to be seen in the assemblage. The launch was everything that could be desired, either by the build er of the vessel or the Russian officer who superintended her construction, Captain Alexander Crown. She is very light and buoyant in the water, and made a favorable im- pression on all who saw her yesterday. Her dimensions are as follows: Length, 214 feet; beam, 36 feet; depth of hold, 18 feet, and about 1,400 tons burthen. She has double decks and the hull has been built of the best materials, and is thoroughly fastened with bolts in the st t manner. She has two oscil es, with cylinders sixty inches in diameter, and ight feet stroke . and is 900 horse power. | Her propelier has three made wholly of gun motal, and is a beautiful specimen workmanship; it was in its place before she was launched, as were some other of her machinery. The cor vette will be finishe early next spring, and will sail for the Amoor river direct, where she will probably arrive by the time navigation is open in that quarter. Capt. Crown, who is mentioned above as having superintended the con. struction of this veese!, has been constantly in attendance ince her keel was laid, and has inspected every piece of ber in her hull. That she will prove one of tho best and most substantial vessels afloat we have no doubt. After the Jaunch a number of invited guests repaired to 2 room in which ap abundance of good things for the inner man bad been prepared for them, and to which they did ample justice. A table was also spread in Mr. Webb's large moulding room, at whieh the workmen employed in hie yard enjoyed themselves; during which cheers were piven for the “Emperor of Russia and bis government,” “Captain Crown’ and for “Mr. Webb. ile - to some remarks which were made, Mr. Webb inform them that he had been requested by Capt. Crown to ee en at ntl doen Presented on the part cf the Rassian to each mechanic who had worked on the ship which haa jast been launched. This announcement was received with renewed cheering af the company, soon after which they adjourned to attend to their various vocations, highly pleased with their morning's labors. Indian Relief Fund tn the Untted States, Hex Masmery’s Laoation, Wasnixaton, Nov. 14, 1857. Sin—I have received a letter from the Lord Mayor of Londen, inveking my assistance in obtaining contributions to the fund which is being formed for the relief of those who have suffered by the commotions in India. As the best means of ing his in hie charttabie exertions, | think it would be desirable to aubscrip- tion lista at her Majesty's Consulates, Should this sugges. tion meet with your approval, you will make known your design to the h renwdents’ la your vicinity; you will invite them to place their donations in your hands, and you will remit the amount of money deposited with you, when it may seem expedient, to the Rank of Ray , to the credit of the « Meeting Relief Fund.’’ 1 beg to forward you herewith the sum of £50, ae my contribution to the object in view, I have the Lomahehe gg most obedient, faithful servant, ‘Ar To Frwann Morniwen Axcnmato, Fsq., Hor Britannic Majesty's Consul, New York. RELIEF OF SUFFERERS BY THR INDIAN MUTINY. ‘Han Bartansic Maseety's Consun are, Naw York, Nov. 16, 1857 TO THE PRITIEN RESIDENTS IN NEW YORK AND P18 VICINITY. The divastrous events which have occurred ‘within the present year, the horrid sangninary revolt in the annals of history, the British residents in this city have already expressed their desire to contribute towards the fund now being raised for that purpose. In order, , to afford to them and ail others who sympathise with the fallen and the bereaved, an opportunity of Femeetbating and in com jance with the suggestion of his Excellency the Lord japier, her Majesty’s Minister at Washington, contained in the above letter, whieh the undersigned takes le > make public, a list has been opened at the Con where subseriptions will be received and forwarded, am where details of information on the enbject can be ob tained, I, M. ARCHIBALD, H. B, M. Counsel. PRICE TWO CENTS. ~ ARRIVAL OF THE ST. LOUIS. Details of Nine Days Later News from California, $1,17 6 IN TREASURE. PROCLAMATION OF THE Vi GILANCE COMMITTEE. HORRIBLE MASSACRE OF EMIGRANTS, IMPORTANT FROM CARSON VALLEY. MORMON AND INDIAN ALLIANCE, News from Oregon, Puget’s Sound, Carson Valley, Sonora, the Sandwich Islafds, China, Ja- pan, New Granada and Nicaragua. Reported Massacre of Americans and English at Ningpo. MARRIAGES, BIRTHS AND DEATHS. MAREBTS, &e., &c ke. The United States mail steamship St. Louis, Wm. H. Hud- son commander, arrived at an carly hour yesterday morn- ing. She left Aspinwall Nov. 4, at 9:45 P. M., and arrived at Havana at 9:30 A. M., on the Sth; left Havana at 9 A. M. on the 10th, and arrived at Quarantine at 734 o’clock A. M. on the 16th. Experienced heavy weather on the passaga from Havana to New York. The St, Louis brings the California mails of October 20; $1,176,086 in treasure on freight, and 643 passengers. Nov. 14, at 12 M., off Hatteras, passsd propeller Wostern- port, bound south, Nov. 6, F. B. Walker, aged thirty-five, of Cotton Valley, Macon county, Ala., died of consumption and was buried at sea, The Pacific Mail Steamship Company’s steamship Sonora, R. L. Whiting commander, left San Francisco Oct. 20, at 9:30 A. M., andarrived at Panama Nov. 2, at4 P.M. She brought 727 passengers and $1,607,041 in treasure on fright. Oct. 23, A. P. Sterling, asteerage passenger, for New Orleans, sprang overboard from the Sonora and was drowned. ¥ Among the passengers by the St. Louis are Commander Merwine, late of the United States frigato Independence, a portion of his officers and 133 discharged seamen anc marines. Left at Aspinwall United States frigate Wabash, all well. The following is the specie list of the St. Louis:— Wella, Fargo & Co. .$206,200 Lewis & Olmstead... $8,000 Am, Exchange Bank,186,000 RK. Mer &0.Adams 8,000 Howland& Aspinwall.145,835 Tr lwell & Co. 8,000 Order... 129,520 ©. W, Crosby... .» 7,500 James Patrick . 30,000 Z. Einstein & Bro. 4,100 Duncan Sherman&Co 80,014 E. & J. Rosenfeld 4,000 E. Kelley & Co., H. 8. Hallet 2,467 » 5 il & Cs 2, ttt heii Oe everet wn. Ord 1130 650 i 0 Bank. 500 300 10 1 Wo are indebted to Mr. E. A. Mitchell, purser of the St. Louis, for favors, and to the express companies of Wells, Fargo & Co. and Freeman & Co. for files of California pa- pers. Joseph H. Lewis, a native of New York, aged 44, died in the San Francisco Hospital on the 16th inst. from the effects of injuries received on the 30th of August last, by a blow on the head with a bludgeon. Two strong shocks of an earthquake were felt in San Franciseo on the night of the 19th October. Joseph Logan died at Springfield, in Tuolumne county. Logan was a member of the late Captain Shannon's com- pany, I, of Colonel Stovenson’s ragfment, and went w Culfforna in 1847. The eoldiers of this pioneer band aro rapidly falling before the stroke of the grim sergean Death. Hock Farm, the residence of General John A. Sutter, has been redeemed, and the old pioneer says that be now sits under his own vine and fig tree. Fon. P. H. Burnett has been appointed as Supreme Court Justice, vice Murray, deceased. Stephen J. Field, Justice elect, has been appointed in place of Burnett. F. V. Moore, who was under sentence of death for tho crime of murder, committed suicide in the Nevada jail by taking strychnine on the night previous to the day on which he was to be executed. His wife, a few days after- ward, took poison, and would have destroyed herself bad not prompt remedies been administered. Samuel B. Leaman, a native of Dayton, Ohio, aged 24 years, committed suicide on Sunday morning, October 11, by jumping into the Bay trom the foot of Stockton street. Deceased went to California two years ago, on the United States frigate Independence, Ho deserted, and has pur- sued the calling of an actor. Latterly he has been of very intemperate habits, and bly suicide is enppewed to have been committed while laboring under mania & potu. Proclamation of the San Francisco Vigilance Committee. THE PENALTIES AGAINST THE RXPATRIATED PERSONS REVOKED, To THR Mewes ov THe Commrrree or Viertance.—Your Executive Committee deem it proper officially t announce the passage of the following revolution, which has received the sanction of the Board of Delegates, and is now an act of the Committee of Vigilance: — ‘ Resolved, That by and with the concurrence of the Board of Delegates, ail existing aluached to #en- tences of expatriation are bereby rescinded. However much honest men and patriotic citizens may have differed as to the right and justice of the organiza- tion and acts of the Committon of Vigilance, no candid man can deny that a great reform in public ‘morale and political estate has been achieved as @ result. Our elec- tions, on three occasions, have been bbe and ' untainted by fraud; quiet order reign in our streets; virtue is not openly out- raged on the highways: ‘deadly are no longer publicly displayed and defiantly used; liberty of speech and of the press is no longer a misnomer or the cause of bloodshed; public plunder is now neither practicable or the object for which office is sought; @ rigid scrutiny into public affairs has been inangurated, and ia y ‘maintained by citizens without let or hindrance, the offices of the city and county have been filed,by men of probity, who are the undoubted choice of the electoral majority; Dallot box stuffing and fracdulent election returns are at an end; the people now have confidence that favoriticm will not in future rescue the con’ guilty from the punishment decreed by community enjoys a tranquil repose and hopef state of affairs, contrasted with that which existed when your labors commenced, prociaims the magnitude of the triumphs that have been achieved. We believe that the people, happy and contented under the change, desire that every cause of future excitement and possible anar- chy should be removed ae they now are, we but re-ascert our strength and confl- dence in the su) Of public opinion by the present act. Determined, as je are, to protect their rights, no fear need be entertained tbat the former scenes Of miquity , ‘violence and official corruption will ever be re-enacted in San Francisco. The reeolution now adopted is not 80 much an act of clemency to the guilty as of regard to the interests of the ‘Yet the annals of history furnish abnndant pre- cedent for the removal of the penalty of banishment upon turbulent and offensive charactors, where gov@roments have attained to did not exiet at the then, should we, who ty of a government, be reluctant to follow the well estab. Jiehed precedent of stronger and more exalted powers, Ven the necessity for maintaining the penalty no longer exists’ Tt will be seen by the tonor of the resolution that the seutence of banishmewt is not revoked; the committeo have no error to retract in their decrees | of expatri they are simply relieved by their present act Cec obligation to iniiet the death penalty of retarned the dis, raeo of banishment still remains upon t they return, it will be upow sufuramee; bey will