The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-26

The News

per pound inc uldThtt 1lostu uultt VII tut iilu
The sales during the week amounted to 20,300 bales
Flour had recovered from the decline last reported
while provisions were quite neglected. The London
money market was buoyant on the 9th, 10th and 18th
instant and an improved tone was observable. There
Was not such heavy demand for money at the Bank
Of ENGLAND, and gold was daily flowing in in large
sums The announcement Of number OF serious
commercial failures the 18th, therefore, created
much surprise, and consols on the evening of that
day closed at 9ll Oh. On the 18th consols for
account were quoted al 81 81
The American financial crisis had developed its
effects on the Continent, and the most serious results
were being felt in Madrid, Vienna Berlin and Ham
burg while the pressure had set in intensely even in
St. Petersburg and Warsaw. At St. Petersburg seve-
raj houses had stopped payment. and among them
that Of NJ Baden whose liabilities amount TO about
q million of roubles Apprehensions were felt for
Warsaw, and all houses in connection with Poland.
Affairs at Hamburg were very slightly improved.
The following heavy failures were announced from
the day of the sailing of the Adratic ION the 9th) up
to the evening Of the llth inst
N F1menh0rst & Co Hene, Semon 4 Co
Hontoys Laenz Go
WORCESTER.
Bank Of Farley, Lavender &Co
HEvcAsrLE-oN.TYsE.
Krkgp Co, Hunter,
R Urwia Aylon 4 Ferguson.
Alexander BeriraL
HAMBURG.
ronoppidou $50 4. A staelen,
Hamilton Koch & Co. T .. Shubaoh,
Laretz 4 Koch IL RIcker,
Campo & Meyer, Godett.
H. Lutte 6C0,
ST. PETERSBURG.
81 Baden
WARSAW.
Hermann, Meyer KNIT & Co.
pASTZIc.
NJ Joel Co
The liabilities Of three Of the London houses alone
amounted 10 IS 500 OO0 and the amounts due by all
the Others were exceedingly heavy but are not men.
toned. The head of the firm Of Pontoppidon Co.
acted as Danish Consul in Hamburg and the house
held large sums paid in liquidation Of the Sound
dues: they were, therefore, aided by the banks Of
Copenhagen and Hamburg.
Parliament had passed the Bank Of England In.
demnity BILL and it was to he signed by the Queen
by the 18th inst. The joint stock bank system Of
Great Britain the Suez Canal project, the American
slave trade in Africa, and the French negro emigra
ton system also considered With respect TO the
after Lord Clarendon gave il as his belief that the
French plan had unquestionably tendency to revive
the slave traffic and great injury to the grow
ng trade Of England on the African coast
The Persia brings later news from India. II Is
dated at Calcutta on the 10th and Bombay on the
18th OF November. Generals Havelock and 0utram
were 40 closely besieged by twenty thousand sepoys
Al Lucknow that no direct communication had been
had with them during three weeks, except few
lines They hoped to bc able 10 hold ont until re.
LEVIED There wa much severe fighting around
Lucknow and Outam's division was terribly cut up.
Generals Sir Colin Campbell. Greathead and Grant
were marching to their aid. Sir Colin crossed from
Cswnpore into Dude on the 10th Of November
There we're no fresh outbreak but the muiineer- Of
p.aapore and Gwalior were marching for Dude.
The lie q The ia King Of Delhi was to he spared.
Tie Scindc. the Punjaub and the MANS country
were Quiet.
Intelligence from Hong Kong to the 30th 81 Octo.
ler bad reached England. The English and French
Ministers were both n the city. Preparations were
making for the assault u Canton aud French ship.
ofwsr had proceeded up tie Canton river. The ex.
petition 70 the north had been abandoned II i r..
ported that the French fitting out an expedition
for China, and that the land force alone viii
comprise three thousand men. The Russian ambas.
,ador had been refused permission 10 proceed 70
Pekin Official reports from Shanghae state that the
Chinese had demanded the immediate evacuation by
the Russians Of territory the AMOR river claimed
~ China. This movement will probably lead TO a
.'il further complication Of the China question, a.
affords the Russians pretext for their cooperation
with the English and French at Canton. Indeed,
Russian naval squadron i already under orders for
the Chinese seas.
From South America we have adviees dated
Buenos Ayres "a montevideo 5th, Rio Janeiro
18th, Bahia 18th, and Pernambuco 2lst Of Novem.
Der. Brazil wa assembling a large steam feet,
With q view Y war on Paraguay. The Don
Pedro II. Railroad was 70 he opened on the I'd inst
The Rio coffee market remained entirely inactive
A stock Of 10000 bags had accumulated. and il
va supposed that heavy fan must take place. At
pernambuco about $50 tons Of sugar were In store
or sale or shipment; and 400 TO 1850 per arroba
bad been paid for channel browns, and $500 TO 1000
for American yellows Buenos Ayres was kept in a
state q uneasness by the Indians Produce wasyery
scarce. At Montovdeo oil was quiet, saving little
excitement with respect to the coming elections.
,alted hides tof forward delivery, 95.
The steamship Gambia had arrived In England
ifem Africa with dates AZ Fernando Po to the Sd,
Ronny 9Th and Lagos 9th Of November. She had
10000 in specie and 1000 ounces gold dust.
aere vas nothing q importance Transporting on the
c-1st
ihe senate not long since adopted q resolution
aIing ~ the President for ali correspondence that
IL passed between France and England and our
government With reference 10 claims for indemnity
ILL sleged losses by the bombardment OF Greytown.
A.coriingly the letter Of NJ Sartiges, urging the
aims a French subjects to indemnifcation for
aarage sustained on that occasion, and the reply Of
r'1ry MARCY denying the reclamation have been