Sunday, March 4, 2012

Later from Europe

PORTLAND, Me., Feb. 20. – The Bohemian from Liverpool 6th, via Londonderry 7th, arrived here this morning with one day latter news.

The Canada from Boston, arrived at Liverpool on the 5th inst.

Both houses of Parliament had voted unanimously on an address to the queen in response to speech.

The Opposition approved the course of the Government in the Trent affair.

Lord Derby thought that the Federal Government had assented with a very bad grace to the demands of the British Government.

Lord Palmerston said the distress in the manufacturing districts of England, from the blockade of the Southern ports, would not justify the interference of the Government, and that they would continue in their neutral course.

The Bank of France has reduced its rate of discount to 4 per cent.

The product of the last cotton crop of India was pouring into Bombay.

The iron clad frigate Warrior, on her passage to Lisbon, labored badly.  Her decks and cabins were flooded, and in 9 cases out of 10, she would not mind her helm.

The Times’ city article says that the funds opened on the 6th inst., at the decline of more than ½, but were firmer towards the close.

PARIS, [Feb.] 7. – The Moniteur of this morning says that Gen. Prime will not take supreme command of the allied forces in Mexico, but that each General will preserve the integrity of his own command.

The Federal gunboat Tuscarora left Cowes at 9 o’clock a. m. on the 6th inst., and proceeded westward.  The Nashville had 40 hours start of her.  The engineer of the Nashville told the pilot who took her out, that it was agreed by all on board that she should never be captured.  That he had all the valves of the engines so arranged that she could be blown up in a moment, and that if the capture of the Nashville was ever heard of, a violent explosion would accompany it.

Private telegrams from China quote tea at Foo Choo as higher.  Silks were also higher. – Holders of manufactured goods held them at firm prices.

Singapore was in possession of the rebels.

(By Telegraph to Londonderry.)

Liverpool Cotton Market – Brokers’ circulars report sales of the week 28,000 bales, including 3,500 to speculators and exporters.  Market dull, with partial decline of ½.  Sales Friday 5,000 bales, including 5,000 to speculators and exporters, market closing quiet and unchanged.  On Saturday Orleans fair 14¼, do middling 12 7/8; Mobile fair 13½ do middling 12½.  Total stock in port 550,000 bales, including 205,000 American.

Breadstuffs market generally quiet and steady, except for corn, which has a downward tendency.

Consols closed at 92½@92 7/8 for money.

The weekly returns of the Bank of England shows a decrease in bullion of 334,000£.

American securities quiet and steady.

– Published in The Burlington Weekly Hawk-Eye, Burlington, Iowa, Saturday, February 22, 1862, p. 3

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