The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-19

[T rxIE6RArn TO LIVERPOOL
PANs, Dec. s-Evening.
The journal la Presse has been suspended for two
months consequence of the article which appeared In
il yesterday signed by NJ pcyrat the refusal Of Meg
seurs Carno Goudchoux take the oath prescribed
TO members OF the corps legisldt1
HAmrRG, Dec 4, 1867.
The Senate has just convened another extraordinary
oouyoca,on OF buyherscho for to morrow, empower
the former TO establish government discount institution
with thirty millions marks banco capital.
IoSpox, Dec l-Evcniug
TFrom the Times City Art.clel
The demand at the bank and 10 the discount market
continues active, but payments maturing to-day have
been provided for In much satisfactory than
bad been anticipated The funds opened steadily this
ing at an advance Of oneeghth There subsequent.
ly some hesvness but decided recovery took place be
fore the termination OF business. good effect pro
duced by the arrival Of the Adratc with ESQ 900 in spe
Gle, and satisfactory commercial intelligence from New
York The amount Of gold taken TO the bank to-day
f2e,o 600.
From the Daily News Oty Articlc.l
The funds improved one-eghh today al the Bank OF
England To-day the demand for money was TO a fair
tent but not pressing In exceptional FIRST class
bills arc discounted somewhat below the bank rate.
Tie suspension has been announced OF ,. ID. Bovet,
an old Arm the China trade with moderate liabilities
caused by the late heavy fall in the silk market
The s,oppage has also taken place of c. A. Jonas Co,
general merchants who have been brought down by the
recent failures In the north Of Europe. Liabilities sup.
pesed to be about fIoo,oo
Several failures announced At Amsterdam and Rot
tcrdam. They are respectable second rate houses.
In foreign exchanges yesterday afternoon rates
many instances almost nominal, from the absence OF
business.
Private adviccs from Paris describe calm and satsac
tory state tho money Market and mention that there
s even an expectation Of further reduction in the rate Of
discount
II Is estimated that about fifteen per OF the wool
brought forward the late London sales withdrawn,
and bought the produce markets during the past week
Tho hines City Article says The Improvement at the
commencement Of the week has not beep maintained.
There seems however be loss anxiety the part Of
holders TO realize at the present low quotations.
The tea market Is depressed to make IL amest i'm.
possible 10 effect sales.
Great depression continued 10 be experienced in Ham
burg and Alton Dispatches say that the failures were
too pumerous TO specify the names In one day twenty
important houses failed, and business was suspended.
was believed that other houses would CO. The aggregate
liabilities Of the fallen and doomed were report
cd 10 bc twenty seven millions marks banco The fifteen
millions provided scr advances ON merchandise proved
mere drop in the bucket, and IN circuason
that advances the extent 900 had been asked
for general meeting Of the burghers Of Hamburg had
been convoked 10 devise means to alay the panic Bills
could not be negotiated and business at stand A
law extending respite Of month to all bills payable
at maturity vas 10 be introduced in the Senate.
Ullberg 4 Keemer, whose temporary suspension was
recently reported had fully stopped Liabilities 600 goo
marks banco.
No fresh failures occuIred ON the o.