THE LATEST.
The Bank of England rate of discount is advanced to 4 per cent. There is a' semi-panic on the Stock Exchange, and a further advance is expected. The American crisis is gradually subsidingj although financial affairs are still farfrpm being settled. ! ' , The balancersh'eet of the grieat banking firm of Jay Cooke abd Company Ihows a liability of 8,000,000 dol* and assets" 17,000,000 doL. ; ;.,/. , ;: : :> ; : : Three Charleston banks : and two more. Chicago banks have suspended: payment. . The New; York Associated Banks have issued to the Clearing - : House loan certificates amounting to 18,000; OOOdofr - - The Carthagena frigates have returned to Alicante, and again threaten its bombardment. - There has been furthepfighting between the-Carlists and Republican troops. The former were outnumbered, arid they re- ' treated;: ; . ■"•'.- - : - ■ - : - •-';■ '- : - ■•" ■ ■ - {V ■'•■■'■ 1 The insurgent frigates' ruthlessly bombarded Alicante. They" have, 'now retreated, because they have been damaged.
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Bibliographic details
Grey River Argus, Volume XIII, Issue 1614, 7 October 1873, Page 2
Word Count
139THE LATEST. Grey River Argus, Volume XIII, Issue 1614, 7 October 1873, Page 2
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