The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-11-26
Financial AMalra.
THE GOLD TRADE WITH ENGL AND UNPRoFTrABLE-
PROSPECTS, OF A RUSSIAN LOAN IN THE UNITE

TIE GOLD TRADE WITH ENGL AND UNPRoFrTABLE-
PROSPECTS, OF A RUSSIAN LOAN IN THE UNITED
STATES
Prom tho london Times (city arsi,e) Nov. ~ 7za
The course 81 exchange At New York on London for
Of exchange between England ana America being
leo 23i0 per cent 1t follows that the exchange Is nom
Daly o.3t per cent against England; and after making
allowance for charges TO transport and difference OF
ns,c Of gold either way between the two countries
The eroundleesness Of the rumos attempted TO be cir
cusssd during the anxiety which prevailed In the money
msJket few weeks back, Of Russia having succeeded
in arranging loans Holland and the United States
tcems nov 10 be reber lily admitted The idea appears
slegether 10 have died out and, although the latest
adviees hom 81. Petersburg indicae the increasing
embarrassment which be felt In providing funds
TO pay for such munitions Of required to be
etained by importation. there II believe
queress That attempt Of the Kind has lately been
made in Holland demonstrated by the steadness with
which Russian as well Dutch stocks have oeen main
taiDtd tie Amsterdam Bourse As the capitalists Of
that county would Il may be assumed be unable 70 End
lIy Lordon house who would allow themselves TO
receive rropofa such subject without ex posing It
10 The Iugish government they you'd OF course only
eoyeity ADVANCE such sums as might come within their
own private means IN this way they could certainly
si,e ctn6eratle total without parting with other
securities, Witch, pressing upon the ma'ke you'd
general dee inc, while he transmission Of the proceeds
with regad America, the impossibiisy OF obtaining
sp5tig las already been pointed out, and II further
Isocts we've needse ,hsy would be furnished in
The ad.ices yesterday to the effect that se-
fall bad occurred IN all desert ,tons 81 qp-
tuliiies merely hcm the unexpected remittance Of
stcut faoo COO in specie f., Tie bank Of France In
etun where capital is 50 much In reques. as 70 com
and rates oId'"asiy ranging from to IL per cent a
i.ieh han q any .xtfnt must always he impcscticabe
since not only yeula the borrower have 10 offer terms
with 'his state II affairs but also such as
Ne1 auow for te frtviae and ruinous the
steuiIns given would undergo during the entire pro-
eise q Vie sYece shipments which would constitute the
ctnsiaers ion for them.
The letters i.n ST Petersburg mention that the fall In.
ho rate q exchange unchecked and that l.
nW o. Sdd-A - int Lieh efers temptation thst
ues ne eoarc of god certain Looking at the heavy
payments during The last two years made direct TO To-
reign countries tor supplies and the that have
bssn eonstasty smugged away, thee Is 70 be-
he'e That the stock the precious metals have been
nearly Exhausted Neyeitheless the , Disability IL en-.
terta,neo Thai ills he concealed during few
n onihs aud nestwhte II is said the v.rnmcns have
tecn Stipulated t. further resistance by he hope that the
cetcispt harvest in France The money PRESSURE aud heo
enc FAVOR 10 raise shiie with America may yet lead
ethirg In their favor.