From the Baltimore Patriot, March 90.
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LATEST FROM EUROPE The fast sailing
and regular trading ship Belvidera, capt. Mabnry,
lis below of North Point from Liverpool, from
whence she sailed on the 29th January ny this
arrival we have been favored with letters and papers
to the 28th, by the poiteness OF the owners, from
which and proof slips rendered by the Editor OF the
Gazette, we make our extracts Our last dates
were to the Goth from London, Liverpool the Glst,
and from Hayre to the 25th January.
Ertract of letter dated
LIVERPOOL, 2slh Jan. 1896.
| The import OF Cotton in this week is 6650, and
the sales are $4,000 bags, oil which 1000 were Up.
lands at Cd to 1-Sd, and the quotations may be
stated al I'd I'D per Id. being reduction OF TO
3-Sd at which the demand in the last two days has
been rather extensive. The accounts OF many large
mills working only hall time, are confirmed. for
| $50 ,ierces of new Rice % 226 per cwt was
obtained but this is much loo high to quote. Very
good Turpentine has been sold at 90 per cwt. and
salted Hides at Sad per h. TOT icco is very doll,
and forced sales have been made at considerable
| reduction.


We are sorry to inform you of the failure OF Cur
wen & Hagarty, of this place. and oil Campbell,
Bowden & Co. and several other houses in London.
Ertraet from Baitimorean. dated
LIVERPOOL, January %.
| Business is in a dreadful state heie-there has
been three failures since wrote last, Banking
House, that has caused more distress than if hall
the town had failed, owing to its being House that
the greater part OF the tradesmen in this place made
their deposits in.


GREAT BRITAIN There are at present
building in the several Naval Arsenas the following
number of men of war viz Nine three decked
ships, from 100 to l20 guns; six from 20 10 "a
guns; three of SO guns 26 frigates 10 mount 46
guns each FIVE smaller frigales of 28 guns; eight
sloops of ] 8 guns; 81 sloops Of 10 guns one cut
ter; and seven bomb vessels; in all Sc ships.


In consequence Of the great expense incurred by
the Burmese war, it is understood that the East In
dIa Company will find it necessary 20 avail them
selves OF the full extent of The privilege granted
them by Act of Parliament OF issuing bonds'' for
| circulation in the London market. The amount
at present oui is we believe very considerably within
that privilege.


| FONTHILL ABBEY.-This magnificent struc.
ture is at length unnhabited; is stripped OF the
whole Of its costly furniture, and most OF the prnci-
pal windows are taken out. But few months since
| it little expected that this princely mansion
would soon 60 TO ruin and become place Of shelter
to The feahered tribe.


| LIVERPOOL, Jan. "a - This morning the stop
page of the banking house of MIR. Joseph Hadwen
was announced to the public, and this event has
caused considerable sensation in the town. A great
number of tradesmen were in The habit of keeping
cash in MIR. Hadwen's bank, and it is feared that





rassment. A very favorable statement of the aiairs
Of the bank has been exhibited to day, and stror 3
hopes entertained, that ultimately Mr. Hadwen
will be enabled to meet al! his engagements with


his creditors We understand that the immediate


causes OF the stoppage were the failure OF some


houses, extensively engaged in the hide trade, and


the apprehension of the failure OF others in the
line of business.


i The following circular has been issued by Mr..
fIadwen -


at is with much regret that have to inform


that, in consequence of the general pressure OF the
times, together with some recent failures, have
thought 1t desirable to have the advice Of some dis


interested friends relative to the situation OF my af-
fairs.


+ In pursuance of their recommendation, ] have


concluded upon suspending my payments, mea


sure truly distressing to my own feelings, particu


larly so, in looking to the yariou, embarrassment


it may occasion. What may remain to me, afte
IS paying my creditors in full, depend upon man
e agement and circumstances unforeseen
}. JOSEPH HADWEN.
J. Church street, 1st Month "a, 1862
e LIVERPOOL, January 27.
W Commercial Distress, S'c.--It may be mentioned
proof OF the difficulties experienced at the pre-


sent moment by persons trade, that of the promI
10 on indigo, due at the East India House on Frda
'e last, and which amounts to about 100000, nea
RI So0 00ol has not been paid.


n AT Stockport several OF the cotton spinners hay
e. been obliged TO put their work people on half worl
n and unless trade mends others must follow the es
On ample.


sc The account of The number Of looms standin
idle, and weavers &c. out OF employ, in Spilahelt
he and its ensrons, was forwarded to The trade CON
en- mttee on Saturday week. Looms, 5000; wea
as ers, &c. l8,o0o adding wives and children to Ii
I'D account, the number may be fairly calculated
he 30,O00."


mi The hn,ee oC T;ndI,p paoatvne &, r. w.. T.