The weekly Minnesotian. [volume] (Saint Paul, Minn. Territory) 1852-1858, 1857-12-12
Aater from EurOpe-ArriVal of the
steamer Acknowledgement of The Cri-
sis in Great Britain.

steamer America-PrDgresS of The Cri.
sis in Great Britain.
HALIFAX, Dec. 9.
The Steamer America, from Liverpool
2lSt, has arrived.
Provisions dull. Mo ney essentially I'M
changed. COnsols adva need to 893a9O
The America brings about f25 900 in spe-
Gle.
The news by this arrival, financially and
commercially, is highly important and inter-
esing.
The money pressure continued without
sign OF diminution, alth ough a somewhat bet
ter feeling had sprung up.
George Peabody & Co., one of the most
eminent American houses in London, became
temporarily embarrassed, but received such
prompt aid from the banks, which is under
stood to be to the amount of nearly one mil
lion pounds, that all difficulties were remov-
ed. Their ability to go on with the assist
ance extended to them, was unquestioned.
Several heavy failures had occurred in
England since the departure of the Fulton
besides a few OF minor Importance. The con-
tinental market affairs were improving.
The political news is of little Importance
The Liverpool provision market was dull
and prices show a downward tendency.
The advices from Manchester and the man.
ufacturing districts generally were gloomy.
The large gold arrivals were regarded as
likely to render any further advance in the
bank rates unnecessary.
The pressure for money at the Bank of
England was undiminished indeed, accord
mig to some authorities, it was more intense
than ever, but the meeting of the directors
broke up without any advance Of the rates
OF discount.
Loans on Government securities were in
demand at 10 per cent.
Private letters from Paris describe q better
feeling. The American houses were begin
Mug to get remittances, and the situation of
the Bank of France was improving.
The London commercial Daily List of Fri
day evening, notes better feeling in the mon
airy department, and says that good bills
cease to be negotiated.
l.. Foreign exchanges are improved.
The rate of discount at Hamburg has again
risen to 81 per cent.
The London Daily .Neus city article says
the negotiations of bills on the continent
were attended with great difficulty. The
Nea0s also says the temporary embarrassment
of the Great American house was caused
solely by the impossibilty of procuring re-
mlICanCeS from America. Inc NclCS thinks
there is reason to hope for more cheerful
condition of affairs.
The Bank has infringed the bank charter
act to the extent of two millions pounds
Over million and half of it, however, still
remains in the bank.
An attempt to launch the Great Eastern
was made on the 10Th, and it was found i'm
possible to move her.
Some riotous proceedings had taken place
among the unemployed operatives at Noting
ham. The windows of some of the provis-
ion shops we're broken, Meetings were in
terdicted and special constables sworn in to
keep the peace. All was tranquil on Friday.
At a meeting of the bond holders of the
Erie Railroad Company, confidence was ex-
pressed in the intrinsic value of the loan, and
a committee appointed to raise further SUBJ
scriptions of capital to prevent the foreclo-
sure of the property.
The powder mills at Mayence had explod-
ed, destroying portion of the town. Thir-
ty persons killed and five hundred wounded.
Damage 100000.
A great fire occurred at St. Petersburg on
the 9th inst. Many lives were lost. No par
ticulars.