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

The external commercial is not favorable to day
| especially from Germany very great stagnation Is
feared for some time to come ID Northern Europe
/ II has been announced al the Exchange OF Hamburg
that the affairs OF the house Of Pontoppdam have been
arranged BY assistance from the National Bank of Cpen-
! hagen.
| Paris (Dec. 10Y Correspondence of london News
The Bourse has been heavy and nanimate hut without
any fall The Ren.e fell l5c for cash and Zoe for
account. closing 66f and t6f 16c Mobiler was lit
tic better and IT, 15c The Lyons railway fell 10f
and the other lines 81. A.; but there great
the directors Of the railway companies had yesterday
signed their treaty with the Bank Of France and that it
10 be submitted 10 the signature Of the bank day
{FTom Galgpanis Messenger (city artcle) Dec II.
The market has been heavy both in Rente and shares,
but there has been brisk demand for railway debentures
known that the directors Of the railway
paues bad yesterday signed their treaty with the Bank of
France and that was TO be submitted to-day TO the sig
nature Of the Bank Threes have been done at from 66
SOC. TO 665f Lyons, s40f to $751; Orleans, l,29 to
| ,2s5f and southern, 5l7f. SOC. TO 5l5f
HALF THREx ocLocK-The market continued In the
same inanimate state TO the close.
stockholm (ec. p Correspondence OF London Post
The accounts which reach this city daily from the prin
cpal commercial towns in the interior and from the ports
in the Baltic most deporab4 All the warehouses
literally cranmed with merchandise, such corn iron
and timber, and no market be found for them. In
the present state Of affairs in England it is impossible TO
export thhcr and that country has always been the
principal market particularly for iron aud timber Fresh
failures have just been announced among the first
chants here The funds placed the disposal Of the
mttec TO guarantee the mcnt of bills have been found
quite insufficient 10 such extent has speculation been
carried. II is feared by well experienced persons that
the crisis has yet reached It's height The mortgage
bank OF Schonen of the richest agricultural provinces
The principal par, Of the capital with which it carries on
its operations Is furnished partly by shareholders and
partly by the State bank, at very reasonable rate of in
erest That establishment calls for the repayment
Of its advances which the schooner bank cannot comply
with One Of its directors about to proceed to Paris in
the hope Of being able TO negotiate loan OF six million Of
francs security which mortgage would be given
on landed property in the province of schooner.
berlin (Dec. 81 Correspondence OF london Times.l
As there Is no accession Of bad in the money
world the tone of feeling appears TO be hrmer but
crthces the quotations. particularly of shares in recently
banking houses supposed to be more or less i'm
picated in commercial and manufacturing circles
unue to sink From the Dresdcner Journal We learn that
the Saxon government IN pursuance OF an authorization
extended to by the Chambers is about to open bank
for adv goods in Lepsic Such institution
resortcd to in 1S4S, and found eicacous that
occasion In Copenhagen the King Of Denmark convoked
Ministerial council yesterday forenoon, with view TO
celebrating the best means OF meeting the present
crisis The day previously 100000 rx dollars had been
forwarded TO Hamburg in the hopes OF propping up the
house of Pontoppaan Co The excitement IN Copenha
had been very great hearing of the suspension of
| the above mentioned house in Hamburg, which, how
ever, somewhat tranqulized its TRANSPORTING that
the National Bank had taken this step towards relieving it,
berlin (Dec. 81 Correspondence of London Post.
The Let January is approaching with rapid strides and
is then that in conformity with the law voted by the
Chambers and sanctioned by the King the circulation of
bank notes belonging TO the various financial establish
ments OF Germany will be interdicted in Prussia. How
looking at the money crisis and taking into conside
ration the representations sent in every day the
Minister OF Finance to hesitate to carry out the
The momen, certainly does not appear well chosen
The calculation is that there bank notes OF foreign
banks now in circulation In Berlin aud the Prussan pro
vnces tn the extent of ten millions and half OF thalers
(neary forty millions Of francs) II the government exc
cutes strictly the LIST of January the enactmens of the
law there be doubt that these millions will
leave the strong boxes and manufactures Of the country
without being replaced by specie, which circumstance
could only tend TO aggravae situation already alarming
No aston shmcnt need cl. at the indu stral
centres Of Prussia having sent in petitions for the post
ponement OF the enforcing Of the new law. and II Is
WILL ut the last moment take into consideration the pre-
sent difficult position Of nearly all the States of the Ger
| manic Confederation.
An official statement has been published OF the stu
alton Of the National Bank of Brussels the Both of No
vembar. The returns show an increase Of more than
5000 0C0f in the metallic compared with the
preceding month and of nearly 900 000f compared
with the corresponding period OF last year. This fact
says The i"aspsndnnce Is under existing circumstances
of this establishment The bills in hand, as
compared with last month"; have been reduced
about 900 ,000f. The amount is IS $50, 0O0f
nearly 49, o00f more than in November, 1855 As
the circulation Of notes II has increased 1900 000f
and amounts present TO LOG 600 0c0f has hut
very rarely before reached, and which Is 10 600 ooof
more than in the corresponding month Of last year.
| The accounts current which, since last month"; have
at the end OF November, 1855; but dminuton at this
period o. sne year = usual the pubic securities and
The month OF October; as compared with November 1856,
they show increase Of about ao00oof The advances
The Milan Gazette that the capital OF the Discount
Bank OF that city Just authorized by the Emperor Of
Austria fxei 80 0C0 900 Of Austrian vres (he lvre
Is So ccntimes) divided into 20 shares The company
may commence operations 10, 900 600 have
beer paid up Tie duration OF tho company h fixed at rs
years, and has the right OF establishing branch banks
throughout Lombady, subject to the approval OF the I'm
perial government.
Naird has suffered little from the commercial crisis
which has dreadfuly disturbed nearly all tho rest of
Europe and the States Of America The OF this ap
parenty happy circumstance IL found, however
pleasant fact. Her financial affairs said 10 in
dapdaed condition that her ansactons with foreign
mercantile firms extremely limited, and the n,ensy
Of the crisis has been diminished In ratio with the insg
rihcance OF her commercial operations. We learn how
that size has transmitted "a England about f30o 600
derived from the PHILIPPINES and Porto Rico pay on the
| interest of her foreign debt
Tue Commercial Union Of Hanover, in order TO supply
the want Of local exchange, has with the authorization
of the magsracy charged two sworn stockholders 10 fix
the value and daily quotation OF all the paper circulating
III that city. II has also instituted, according re-
laton, certain number Of commercial brokers' Doubt
", however, felt 10 these innovations being attended
| with favorable results.
| Letters from Rome state that great excitement pre-
vailed among the nobility o. the city, owing 20 the
Of one Of their number, Marquis C, the director OF
| the Monte III Pieta-wbat may he called the "Govern
| ment Pawnbroker General "a deficiency of about
his powerful connections he subsequently released
and the affair will probably be hushed up great dea
of agitation continues 10 be prevalent throughout the
/ Papal states. AZ Faen,a official bad been murdered
The national setto was on this occasion, abandoned for
| the PISTOL
France.