The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-12-17
Foreign News.

EUsssRu Ne"s.
by the arrival Of the Baltic, from Liver.
pool, at New York, on the eth, we have
English dates TO the 18th OF November.
FINANCIAL NEws.--In London, on Sat.
urday, the recovery of the mercantile conf
dcnce made further progress, notwi.hstand-
ing the serious features OF the bank returns.
Loans on Government securities were readi
ly obtainable for short periods at lower rates.
About four hundred thousand pounds Of
Australian gold was sold to the bank during
the day on Monday, aud the line of improve
ment was more distinct than any time since
the first turn became observable There
was a continued absence of further failures
and an additional amount Of bullion of
fl60,00O was taken to the bank. On stock
exchange there was an increased supply of
money, and short loans were obtainable on
government securities at seven per cent At
the bank the demand was less active.
TIE !mes concludes the panic has passed
entirely away.
Heavy failures at Hamburg are reported.
including Nillberg IL Crener in the Swedish
trade, with liabilities over 81 900 600; +.
Blass IL Schomburgh, liabilities not stated.
From Bremen the suspensions were re-
ported Of IL. Overlook d Sassenburg, and
Meyer. Liabilities in each case of go 900.
AT smyrna, 1epuse n Co. had suspend
ed liabilities fi0,00O.
The weekly returns of the bank are
henceiorth likely to show considerable i'm
provement.
In the discount market there were some
signs of relaxation. The gold taken to the
bank within the week amounted TO $500
900.
The funds were buoyant and consos
at sos for money, and J0a9Ol tor &C
count.
The failures of the day were Herman,
>illern X Co.; liabilities heavy. Carr Jos
ling & Co., in the north OF Europe liabilities
.c300,0o0 Alexander Hantz, colonial pro-
duce dealer; liabilities heavy: all of London.
Permission ~ Marshall, American provision
dealers, Liverpool and Jonathan b. skinner,
Bradford.
A despatch from Hamburger, announces
the formation Of the Discount Guarantee
Society with ten million marks banco cap.
tai, the object is to relieve the com.
mercial distress. The whole sum was sub
scribed IN four hours. Rumors were current
Of the probable funding OF the cxchequer
bills.
The London papers OF Wednesday report
sales Of Illinois Central share, on the pre-
vious day. at l3 ,ali discount; do per
cent. bonds 15a11. New York Central
ell Ir;n 4
ESGrAND.--Gencrals Wilson and Have
lock are to be raised to the dignity of baro
nets.
boiler explosion at cotton warp fac
tory in llud,lersfeld had killed nine persons
and wounded many Others.
FRANCE.-M. Fould. Minister Of STATE.
was on visit TO London supposed to have
reference 10 the financial crisis and the stu
alton of the Bank Of France, and to confer
with Lord Palmers,on in reference to the
difficulties Of the Danish Princ;palities
The Courier Dubas Rhine announces that
the headquarters of an English recruiting
establishment will be opened at Strashurg.
on the lst Of December
The Nord says that the Conference Of
Paris has been put off until January.
The Bank oi France was gaining specie.
\ meeting Of Paris distilers bad memo
rallied the government to raise the import
duties on foreign liquors, on the ground that
they cannot compete with foreigners. The
government replied it would be decided BY
an inquiry.
SrAlx.-i, l. said that the Spanish Mex
lean question still presents danger. Lord
liowden hal gone 10 Madrid to urge the ~
ccpt'on of the Mexican envoy.
FoRrrGAL.-1hc yellow fever was still
raysging tie city Of Lisbon.
RussiA.-Prinoe Gayarin. governor gen.
eral OF kutais and Mingrelia, had been as
>assinatcd by one Of the Princes Of Mingre.
lia
Letters from 1t. Petersburg report that
the financial crisis was beginning -ensibly
20 atiec, Russia. Gold had become verv
scare.
Exchange on London had fallen.
AusrRIA.--Ltters from Vienna report a (
continuance Of the financial crisis
The price OF raw produce had declined. /
and money was So scarce that manufactured I,
goods found but lew wholesale purchasers. /
SwgpES.-A despatch from Stockholm
announces thu formation Of society of ere
dit and mutual support, and TO maintain the
pubic credit. The subscription amounted
To 100000.