The Sun.
London, England, 1857-12-04 00:00:00

AUSTRIA.

According to a Vienna letter in the Post Gazette
of Frankfort, the Austrian Government intends,
after effecting the reduction of its army, to keep
100,000 men in Hungary and the German pro-
vinces, 100,000 in Italy, and 50,000 iu Vienna and
the environs.

HAMBURG.
HAMBURG, DEC. 1.
I informsd you that yesterday had been a day of
the greatest gloom and calamity which our Bourse
had ever yet experienced, resulting in the suspen-
sion of payment by the following prominent firms
of this place and the neighbouring town of Altona
—l, C. J. Johns, Sohn, tea and colonial house ; 2,
C. von Leesen, banking-house, whose operations
are extensive with Sweden ; 3, Reimarins Nachfol-
ger, insurance affairs; 4, Bussee and Halske, banking
business with Sweden ; 5, G. Kruhers and Co. Rus-
sian and Finland merchants ; 6, T. P. N. Ja:lmke,
money-changers ; 7, Cordes and Gronemeyer, corn
affairs ; 8, Ullberg and Kramer, Swedish agents,
failed as expected ; 9, Kruher and von Oven,
large export trade ; 10, T. F. Kalckmlnn, in-
surance agency ; 11, Wager er and Enet ; 12, Bach
and Raspe, a young and highly respectable corn
and butter houe, stopped in consequence of tie
suspension of the house of Jahnke, the money-
changer ; 13, T. P. Christie and Co. ; 14, LOllltr
and Uncle, South American trade (all these Ham-
burg houses) ; 15, C. T. H. Eschells, banking ope-
rations with Sweden and Norway ; 16, Barbech and
Wall, the same kind of business as the above-men-
tioned ; and 17, Eschelles Sohne, colonial trade, of
Altona. The first-class firm, C. M. Schroder and
Co., of which Senator Schroder is the chief, was
for some hours also on the suspended list, but at a
later period received sufficient assistance to go on.
The great majority of the above-named houses
are said to be only in temporary embarrassment,
holding acceptances of houses that, up to the pre-
sent moment, were supposed to be quite firm, but
which are suffering from the effects of the want of
confidence.

All the prompt and energetic steps hitherto taken
have so far availed but

Only imagine the amount of close upon 500 mil-
lions' worth of goods of all kinds being at this mo-
ment warehoused and in port on account of the
merchants, and such a general want of confidence
existing ! There is said also to be about GO mil
lions of silver in the bank ; but, on the other hand,
up to only a few days ago local bills, amounting to
the sum of 310 mill ons of 'lurks, were passed
th • igh the Stamp-office preparatory to being ac-
cepted, long and short ; and, besides these., there
is a mass of returned and protested bills from all
quarters, the real amount of which is not known.

4 O'CLOCK, P.M.
Upon visiting the 'Change at the usual business
hour I was informed of the following further stop-
pages :—Conrad Warnecke, a very old-AAnding
firm, considered to have been worth 2,000,000
marks. His business was confined principally to
colonial produce, especially sugar. This failure
will involve an immense circle of friends in Ger-
many, Denmark, and Sweden, with which latter
country he was connected in bill transactions.
T. C. Bahre, a shipowner and general merchant,
has this morning committed suicide, in consequence
of his embarrassments.

Lorent am Ende and Co., a very old firm, carry-
ing on business with Denmark, Sweden, and Nor-
way, and several other firms, have been mentioned
as having suspended payment to-day.
Besides
,Hamburg there are a number of Altona
firms mentioned of great consideration.