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The Daily Dispatch: October 10, 1864., [Electronic resource], Casualties. (search)
Walker, Cotesworth & Co., and also Messrs, Oelbriehs & Co., of London, had suspended payment for large amounts, both firms being engaged in cotton operations. It is stated that the liabilities of Mr. Dose, of Havre, in the cotton trade, reach no less than £400,000 sterling. The failure of the Leeds Banking Company was proving a very bad affair, and had led to the stoppage of several firms, including Messrs. Saalfeld Boothers, Mr. John Abraham, of London. and Mr. J. W. Marsden, ironmaster, Leeds. The latter had absconded, with a view of getting to New York, but efforts were being made to stop him. It was feared further failures would take place. French Finances. The weekly returns of the Bank of France show an increase in the cash on hand of 3,250,000 francs. The Paris Bourse, on the 23d, was rather firmer, routes closed at 65 . Commercial. Liverpool Markets, September 24, 1864. --Cotton. The following is from the Brokers' Circular. Cotton continues