The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-01-16
" taken pace;-Mr. Grund to be the United States
Consul at Antwerp.

lv taken place:-Mr. Grund to be the United States
Consul at Antwerp.
Germany.
The official announcement that the provincial
states OF the Rhine will assemble this year al
Coblentz(a stated IN recent communlcation)
has caused great sensation, aud, Of course, much
disappointment at D1sseff6ff, where the session
had hitherto been held. The PrussIan government
no DOUBT took unbrage at the demonstrations
which were made last year ia the latter city, and
hence their determination respecting the Pfovin-
ciaf States.
The Elbe Navigation Treaty has been recently
published at d esden. Il is to come into opera
ton early in lS45 and is to continue until the
piratlon OF hive years, when third committee Will
be conyoked 10 take II into consideration by
virtue of the treaty he entire Eb- toll from Mel
nick TO Hamburger, will be for the future only one
thaler, three sllbergoosch, and eleven pfenngen
for every gross OF goods. The thaler Is 10 De
reckoned at $50 pfennigen. The above sum IS the
maximum it may for certain goods be reduced
onefourth, one-hfth, onetenth, one-twentietn, ana
even one-iortieth. The respective portions OF the
toll to be paid to the various states on the Elbe
are fixed by the treaty. The entire extent OF the
river between the two boundaries hrst named
(Melnick and Hamburgh) is divided into nineteen
stations, where the determined portion OF the tax
will be demanded
Sr. PETERsBuRGH. Nov. 20 BY an imperial
ukase directed the Minister Of Finance, the Ems
peror, considering the expenses necessary In 1915
for the construction of the railroad between ST.
Petersburgh and Moscow, orders that a loan OF
twelve mi lions OF silver roubles shall be opened
abroad on the same basis as that OF the 81 Four
per Gem. Loan.
The Inscriptions of 500 silver roubles zach are to
be divided IN ia eqiai sections and TO bear inter
est from The lst OF August this wear. The repay
ment commences In August, 1916 The cap'tsl drs-
tined tor this purpose Is, In The year 1916 rs GOO
silver rubes; ard ia the following year 300 QUO sill
yer roubles, or q per cent. of the nominal capital
of the loan. The realization of the loan is entrust
ed 10 Baron Streglitz In ST. Petersburgh.
Markets
forts making the nk of England directors TO exted
their business appearing in many various ways since
they have thrown clear OF all responsibility for the
administration Of the general currency Of he country by
the Bank Charter Act OF last session Amongst other
plans for extending their connection is the issue Of pro-
missory notes in the form of bills of exchange payable
90 days sight, which evidently intended for colonial
and foreign circulation The use to which such
vious in all cases where the rates Of ex.
change low and where, in cons quepce from
the high character Of the paper, il viii bear pro
potional premium. For example, it 10 presumed that
they may often be employed to advantage ut our
Indian presidencies In the above manner, VIII CHI will
bring them into competition with the local banks
and other capitalists Tor remittance to Europe They
will in many respects have advantage over the
local banks established by charter India the whole OF
them being drawing bills on England
direct This restriction imposed by the East
India Company In order that their over the rates
of exchange should not be ntriered with but is pre-
sumed that the Of the company will not extend
over Bank OF England paper in the form alluded to-
of letters OF credit without being exposed to the risk that
is by issuing bank notes able demand. Being
drawn in sets OF three, they must have the regular
asle uDt sixty days after sight, they will afford
ample opportunity for inquiry, where anything 10
wrong before the money is obtained. They will conse
quently be in requsition for travellers who will find
difficulty in converting them wherever there banking
establishments, in any part of the world.
Ameeting of the proprietors of the Pacific Steam Ma
ylgaon Company was held this morning at the office of
tho company, Austinfriars The acting directors pro-
duced report, which received but not approved
committee being appointed by large majority to exa
adjourned until the 18th of January, by which tme
expected the committee will have completed their
Brown (whose insolvency was made public consider
able time sgo taking the chair upon the present occt
ssn We defer remarks the report of the drec
tors and other circumstances connected with this COM
pany, until the committee conclude their enquiry
Late In the afternoon OF yesterday an express from
Paris the account that contract for the
loan had been obtained by the Arm OF Rothschd Co,
ut the rate OF 81 IS The not considered advan
tageous tor investment but the scrip has been done for
the coming out at from a pm Generally the foreign
loan system disarproved OF by rejecting PERSONS Tor
Independent Of all other contingencies divers capital
from improvements at home, and may afterwards add
much to the embarrassment OF the money market What
amount Of the loan may remain permanently in England
H. Of cou sc st present mere matter OF conjecture
There has been oscillation in public securities
Reduced loo3; the Three and aQnarter New lo2A and
Consols for the Opening i0oA Bank stock 20S; Exche
quer bills IS So; and Il dia Bonds rs pm.
British Funds this day at the close Bank stock 2os3;
stock acct asst India bonds 1000 49, do bonds under
1000 rs, 20 for Op 1908 t; EiOOo Elk B. I'D $50;
Small do, So
BANK ov EroLAND-An account pursuant to the Act 7h
and 9Th Victoria cap ga for the week ending satur
day, the soth day OF November lsaa:-
Notes issued s27 1855 1870 Govemmen, debt 100
G .Isr e sssus bullion u. y Iss So
Silver bullion. l5936i1