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The Daily Phoenix
Columbia, Richland County, South Carolina
What is this article about?
European news via steamer Peruvian: Unchanged military situation in Austro-Prussian conflict with forces near Vienna; Prussia proposes 5-day truce; Austria refuses peace terms; Prussians occupy Darmstadt. Great Eastern lays 900 miles of cable. Cotton down 1d.; Preston Bank suspends; Bank of England bullion drops £347,000.
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Later from Europe.
Father Point, July 28.--The steamer Peruvian, from Liverpool July 19 and Londonderry July 20, has arrived.
Telegrams from Liverpool of the 20th state that the military position is unchanged. Great forces are concentrating on both sides before Vienna. The Moniteur says that Prussia has consented to abstain from hostilities for five days, provided that Austria agrees to do the same, and give discretion (?) on the basis proposed within that period.
The news from the Great Eastern continues very satisfactory. About 900 miles of the Atlantic cable had been payed out.
Cotton has declined 1d. on the week. The sales of the week have been 71,000 bales--Friday's sales estimated at 12,000 bales, market closing steady. Middling Orleans quoted at 14 1/2d.; middling uplands 13 1/2d. Breadstuffs very dull. Consols, for money, 88 @ 88 1/2. United States five-twenties 69 1/2 @ 70.
The Preston Banking Company had suspended; liabilities at present unknown.
Bullion in the Bank of England decreased £347,000.
It is reported that Austria had decidedly refused to accept Prussia's conditions for peace. The Moniteur Du Soir denies that the French Government had any intention of becoming armed mediator in the difficulty.
The Prussians had occupied Darmstadt.
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Foreign News Details
Primary Location
Europe
Event Date
July 19 20, 1866
Outcome
military position unchanged; great forces concentrating before vienna; prussia consents to five-day truce if austria agrees; austria refuses prussia's peace conditions; prussians occupy darmstadt; cotton declines 1d.; preston banking company suspends; bullion decreases £347,000
Event Details
Telegrams from Liverpool state military position unchanged with forces concentrating before Vienna. Prussia consents to abstain from hostilities for five days if Austria agrees and gives decision on proposed basis. News from Great Eastern satisfactory with 900 miles of Atlantic cable payed out. Cotton declined 1d. on week with sales of 71,000 bales. Preston Banking Company suspended. Bullion in Bank of England decreased £347,000. Austria refuses Prussia's peace conditions. Moniteur Du Soir denies French intention of armed mediation. Prussians occupied Darmstadt.