COMMEECIAL. I

West Coast Times, Issue 648, 22 October 1867, Page 3

COMMEECIAL. I

London, Aug. 26. There is a great increase in unemployed deposits at banks. New money accounts are reluctantly taken. Even at 1 per cent, at call, at Bank of England, while consols pay 3| per cent. Bankers cannot lend money they have, even at |- per cent. Consols are unsteady owing to apprehension of war on the Continent, and the bad harvest, but these apprehensions have now ceased. Consuls ranged during tho month from 94| to 95. Telegraphic summary from August 26 to September 12. Most conflicting accounts reach England as to the real state of affairs on the Continent as to whether it is to be war or peace. Telegraphic reports through Eeuter's agency and others aro not relied on. There is a revival of uneasiness on the Continent since the interview between Napoleon and the Emperor of Austria. Peace is considered as only patched The Emperor Napoleon intends visiting Berb'n. Advices from Crete state that the insurrection is ended. Latest telegrams assert that Garibaldi intends going to Eome. Martial law has been proclaimed in Spain, and the arrests have been numerous. Engagements with insurgents, in which they have been unsuccessful. Latest telegrams by the. Atlantic cable ■tate that General Grant protests against Mr Sheridan's removal by the new President Johnson. President Johnson has proclaimed a general amnesty with certain exceptions. England has declared war against Abyssinia. The force to be engaged will comprise two line regiments, fourteen regiments of Indian infantry and cavalry, and two batteries of royal artillery, bolides mounted guns. The Viceroy of Egypt has been requested to provide 5000 camels for the expedition. The Peace Congress has dissolved in a disorderly manner. The St. Legcr was won by Achievement, A frightful accident has occurred on the Great Indian Peninsular railway, owing to a collision with a run- away engine. Several persons were killed and many injured. A telegraphic conference has been held. It is proposed to reduce the charges over Indian lines.