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ng, has again risen to the significant quotation of 199. When the Parisian "Refugees" expect peace. The Paris correspondent of the London Telegraph writes: Yesterday and to-day there has been a general exodus of the Southern Americans, who are going over in a body to attend the fancy bazaar at Liverpool. "When shall we have peace in your country?" I asked yesterday of one these gentlemen. "Possibly in four years," was the reply. Miscellaneous. The London Times of October 20th thinks it not uncharitable to suppose that the Federal accounts just now are made as favorable as possible, to suit the political emergency. It deplores the prospect of continued war as most melancholy and depressing to the whole world, and as presenting the greatest reproaches to mankind. The English financial crisis reached a point of great intensity on the 18th of October. Twenty mercantile firms, engaged in the American trade, failed between that day and the morning of the 20th
s worse. They would suddenly show satisfactory indications for a time, then fail again; but they gradually became weaker. The variations in the strength of the signals appeared to be due to the effect produced by the oxidation of the copper by means of the positive current at the place or places where the faults were situated, which oxidation gives an insulating covering to the wire, and to the clearing off of this covering from the copper when the negative currents were sent. On the 20th of October, a message was entered in the Valentia signal diary as being read thus: "Two hundred and forty tk-- -- (? two) Daniell's now in circuit." That was the reading as entered in the Valentia diary. The message really sent was: "Two hundred and forty trays, and seventy-two liquid Daniell's now in circuit. " So that the word that could not be made out was "trays"; that was the last effort of the cable. Attempts have subsequently been made to repair it, but the decay, from rust, of the outer
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