The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-26
rs OF THE CRISIS on THE CONTINENT AND IN
THE EAST.
Prom the Paris Debats, Sept 81


The continuing echoes Of the crisis in foreign countries
sill commands great prudence; but French commsce
feels confident that the over AID that there
little 10 fear. second dmnu,on the OF Ais.
increase OF bullion in the Bank Of Franco, The
10 the exaggerated apprehensons thu,
tanned for the end Of the year and promises return TO
normal conditions Tho enect 81 this measure Already
pcrceyible. Il will he from price
several descriptions q merchandise are quoted higher
This the true remedy Abs,aning from doing business
Is but palliative No doub, time. 4, pcriod 81 acisis
s der circumstances the most precious 81 all CAPITALS
bu; II at the end Of certain time things are no better
Now. If the wcrsi sympsom Of the crisis Vas
the depreciation IN the value Of stocks hand
n rise IN prices must be evidently the best
thing that could happen The Dsb1n analyses the
a.ss, commercial news from America England, Hamburg
Pru IA Denmark and Spain, aud continues ievicring
the pesent position o these several commercial natps
may safely affirm that the most terrible momsst IS
past France knows and feels thatshe Is altogether
separated from the influence Of these commoone
dcncc greater than ever and this confidence vii aid
pc'plc 10 support with the positive Losses which
have been incurred by encouraging the hope Of ooueu
cation The events that have happened In foreign
countries only affect US by suspending TRANSACTIONS,
and NOD, Is feared in America, by any soprage ~
payments. The situation may be thus briefly dc
scribed losses less considerable than expected
forced naction during certain time, but 4 necessary
revival sooner OF later AFFAIRS bus ness continues 70 be
limited hut the great houses e,ince the imper
turabe cooness and the principal factories continue to
work Thanks toprsdenterrabgenents instead of turning
o hands, Of the anacturers have keep
them all on, giving each man LITTLE less work 70 do.
Thus masters and operatives are All 10 readiness 10 profit
by revival whenever may occur. Moreover, at the
present moment the preparations tor New Years day
counierbalance IN degree the stagbaon in large
affairs The other great markets IL the country are All
more less affected by the dull state OF business Null
hansen and Rnuen etill IN dead calm: Nantes and
Bordeaux little active than they were
purchases have been made for consumption isvre.
Marsees the revival " expected 20 lie very gradual be
The events India have led to speculathns which
w the present time have produced other result than
accumulation Of great quantity 81 merchandise IN the
docks. But all these places intelligent speculation,
which desires TO bring the market INTO normal state, has
commenced movement with 9rcst prudence and caution,
there sdecidcd upward ie' ency, which
likely 10 be sustained
Ii'ars U,ec. 10Y Correspondence n London Post
Lam assured On good authority that the Bank OF France
has agreed length 10 The assistance OF French
railway companies in order enable them 10 complete
without delay the various proposed works. The arrange
ments will be found satisfactory both 70 the banks and the
companies. This being circulated NJ the Bourse to-day
though known officially, caused brisk demand for
railway property, although other securities remained
hesvy 1hrses have been done nj from sHf 20c 20 est
l5c Mobier T2or N ToJf; Austrian 6sof SOC 70 6sJf
Iy ons s40f TO s35f Orleans, POO 70 i,2s5f and
Southern, s1T 50c. TO 6lsf.