The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-31
FINANCIAL AFFAIRS IN FRANCE.

Paris (Dcc l4) correspondence Of the London News
There runors Of grand financial schemes being
contemplation among the princes Of finance. IL Is said
that n. Perelre Is neqottdngd fusion W me Credit job
ir, the Credh E6ncer, The coDrtoir dEscompe and
important though less hHoUn cstdbiiShent than The three
foregoing-the taiSse ST. Paul. MN Ro,hschd, Bartho-
lony, and others-who called the syndcs Of the
bankers.hdre Tir1dl scheme according to Which
the Compton d Ecompe mould reorpanised and started
cfresh NTH The enormous capital Of t'eo hundred millions
of francs.
In consequence Of the serious mistakes which sometimes
the elegraphc reports OF the price Of consos the
government has am assured, resolved that in future
these dispatches shall not be delivered unless they
sent in words, and not in dgures.
The Bourse has been quiet and without any remarkable
feature The left oa yesterdays prices 66f soc
and 6of zoe Mobicr fell 81 II announced that the
Northern Company would pay interest both ts old and
shares and obligations on January The shares on
this line 2 Soc, Western 10 and Eastern Sc
Lyons fc 6f 25c, southern 1 Toe and Orleans H SOC.
lParis Dec l4) correspondence Of London Tmesl
Much depression continues among the trading classes
Paris and the departments, although no failures ef any
have been announced The commercial bills due up
10 the present date have generally speaking been paid
made In order to meet these engagements. Great
meroia enterprise not the OF the French,
and, how tranquil the country may be under the
absolute hand Of s ruler the events Of lS4S and the sud-
den overthrow q amid general prosperity
have INTRODUCED routine OF caution from which y difficult
10 make them devise Much business done Tor ready
money and where credit IS inevitable people manage 10
make short possible. For these reasons Il is pro
babie that the commercial or financial crisis will not be
severely felt compared with other people of more ventu
less md habits and less recently, less seri
ousy affected by political changes. For the present,
manufacturing IS in general suspended, and commercial
operations in great measure paraIyzsd. The reduction
of per In the rate oi discount by the Bank OF
france has not yet been iolosed by a the beneficial
monthly account of the bank published in the Aoni
tsW Of Friday, regarded favorable By commercial
shows Increase of ~ 900 000f In its stock OF
bullion compared with the preceding month; but
the other hand the decrease OF 81 ooo IN the amount
OF commercial paper discounted in Paris, and Of
10 900 o0of In the departments clearly indicates the fall
ing of IN commercial operations.
The Paris -four market saturday last heavy and
deductions bad be made in order ~ effect sales
The factors declared 071 sacks Of which l4l were deli
vered at prices varying from t6f TO @ the sack OF l6i
klogrammes, according to quality. There no bust
ness done in onr Of the four marks and the price OF this
quality remains nominay nj 52f the sack The reserve
IN the market stores has increased TO 02s quintas
Prom the examination OF various returns u may be IN.
fcrrcd that wheat has reached lis lowest figure now
remains stationary.
are, sense, favorable; the markets are abundanty
supplied with sheep and Oxen and the quotations are
year but the prices obtained the late fairs a Nantes
and Renncs did not satisfy the sellers The fair OF Ions
leSaulnier the 9th was favored by the finest wea
ther, and the demand for prime cattle was more brisk
Since then the fair Of 81 Nicholas at Evrcux has
been more atiiactory to the graziers o. NORMANDY
The Paris sugar market is calm al la9t tac 100 kio
grammes for good bceroot
There but little business done at the Bcrcy wine
market last week. The only demand i Tor the new tnt
aage Of Burgundy and the Cher Montpelier brandy ~
quoted al e5f 10 1o5f The hectolitre according TO
tho age; saniongc, l5of 70 lS5f and Armag-
e for sale a BeFey and quoted nj from 230 to 250f
the bectotrs and old Cognsc from 30of 70 350 Ad
vices from Mar.eile. Of the 18th inst ial In
the market there particularly for hard wheat from
Africa The silk market dull. There only 20
bales sold during the week a, prices varying 24f 70
5If Several of the French railway companies carry
ing on their works with increased activity.
Paris Dcc ii) correspondence of the 1ondon Shipping
Gazette
some anxiety felt nj Marseles est the failure OF the
two Greek houses should lead 10 crisis IN the ievant,
which would Je &c preJadlcsy on Nsrseics, Tue srge