Latest from Europe.
American affairs — the Cotton question.
Farther Point, Oct. 8.
--The steamer Norwegian
She left Liverpool
on the 26th, and brings telegraphic dates from Liverpool
, via Londonderry
, to the 27th of September.
The Paris Patric
denies, but English journals reassert, that France
intend to interfere in the affair of Mexico
The London Times
says the intervention is with the full concurrence of the American Government
The issue of notices for the adoption on short time in working hours in the Lancaster Mills
is becoming more general.
Under these circumstances, spinners and manufacturers are showing an increased confidence, and abstain from pressing, their goods on the market until prices rise in proportion to the value of the raw material.
The city article in the London Times
attributes the continued decline in the funds to the feeling and disquiet of the prospects of the operatives in Manchester
the coming winter, under the influence which the parting suspension of the cotton trade will have upon their revenues.
funds continued to droop under considerable realizations.
Consols declined one-fourth.
On the 25th, the discount market showed increasing ease.
The general rates showed 3 per cent., but choice bills brought 2¾.
, Sept. 25.--The sales of cotton at Liverpool
for three days ending Wednesday were 85,000 bales. The market has been excited; prices ¼d. higher than on Friday.
The sales to speculators and exporters were 45,000 bales. The market closed with an upward tendency.
The advices from Manchester
were favorable, and prices for all goods were slightly higher, though sales were small.
, Sept. 27--(By Telegraph to Londonderry.
)--Sales of cotton to-day estimated a 20,000 bales. The market was buoyant at yesterday's prices.
The stock is estimated at 751,000, of which 445,000 were American.
advices continue favorable, and prices still tending upwards.
Breadstuffs declining, with slight inquiry.