The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-03
ARRIVAL OF TIVE NIAGARA At HALIFAX.
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THREE DAYS LATER FROM EUROPE.
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IMPROVEMENT IN CONSOLS.
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MORE FAIL URES.
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HEPORTED AMNESTY IN FRANCE.
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x,uuch Of the Leviathan Postponed
sine die.
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ONE rENT DECLINE IN COTTON,
kc,, &C., DO.
THREE bays LATER FROM EUROPE
IMPROVEMENT IN CONsOL
MORE FAIL UR ES.


HAIDAx, Jan. 2, 1858.
Tne royal mail steamship Niagara, Capt. Wickham,
Npoa Liverpool Saturday the 10th uluao, arrived at
A port At early hour this morning, ~ yoe for Bos-
su whore she will be due oAriy Sunday afternoon.
The Collins steamship Atlantic, from New York on the
sh ulmo arrived Liverpool the lesh December, at
S:30 ,. n.
The news by this arrival, except in commercial way,
y a little importance.
The Niagara brings a7 900 for Boston, and 100000 for
HAhfax.
She reports: December 80, At 6 45 p H., Cape Race
bearing NORTH distant two miles, fred two rockets and
bue light threw board the despatch for the As
socied Press. The yacht not cut at the time
NE Niagara passed Race her repairs not having been
sempleted.1
The Niagara at p. NJ Yesterday, 1st inst passed the
Canada, hence for Liverpool.
There is nothing later from India.
The Bank Of France has reduced its TO the uniform
Agure Of six per cent.
The commercial crisis continued very in the
north of Europe, but at Hamburg affairs had begun 10
hpprove.
hessrs Powell Son. of London and Manchester ware
house men, had failed. Their liabilities heavy.
The English money market, however, is gradually get
Eng easier particularly among the discount houses The
applications at the Bank were light.
manufacturers Messrs Cheesebrough Sons of the
Arscst firms in that line in Yorkshire, had suspended
md many others were expected 10 be involved
The French government bad imposed duty on foreign
brsndies
The American Submarine Company have abandoned
ne attempt to raise the sunken ships at Sebnstopol
In the Liverpool cotton market prices had declined
hK penny per pound particularly Cor the new crop. The
market closed with rather besscr demand Sales Of the
week 70 900 bales.
Messrs. Richardson Spence Co. report -four quiet, but
sAsady. Western Canal, 2as 25s.; Phiadelphia and
Baltimore, 25s. 7ss Ohio, 27s ass. Wheat nrm and
slightly higher, the Improvement being mainly on the
Amer qualities; red ss. I'd. rs. Id white. o. tod ss
grn arm; mixed 33s 33s yellow, 33s. Cd. 3as. ;
white, 37s. q $50.
llessrs. BigAnd, AHhya Co., Richardson, Spence
o. James AcHenry and others quote beef heavy and ir
regular. Pork dull. Bacon dull and slightly lower.
LARD heavy and nominal Tsllow quiet-buicbers', 5ls
p2s. Cheese advanced q. Sc.
IN the Liverpool market sugar had declined Cd. AIS.
Money was slightly easier in London. Consols for
count closed At s2x as2X.
American stocks we're generally dull and prices wthou
much change
The Manchester marse, Was dull and prices Of goods
bad considerably declined.
ENGLAND.
On the Ieth there was further decided tendency ,o
wards relaxation In the London money market
The failures were announced OF Edward Smith, wool
sAaper of London with large liabilities, and Saalheld
Brothers, wooden manufacturers, Of Leeds. Liabilities
A0co ooo
On the lr,h confidence was more apparent, under the
innuence OF the Atiantic's news and specie
Besides the suspension OF Cheseborough Son. Of Brad
srd that Of the Darford and Gravescnd Bank was an
uounced. Liabilities E2o 900.
new loan has been authorized by the Burseeses OF
Hamburg where the Of discount has roded " seven
end nine per cent
The suspensions were announced OF Schultz x Schem-
man. of Hamburg and James Holmes, Of Kidderminster
Ne latter for E35,ooo.
The launch OF The Levathan has been postponed sns
&<.
memorial very innuentialy signed, had been present
Cd TO lord Pamerson nfavor Of representation 10 Parla
E<nt OF the educated classes.
FRANCE
was rumored that general amnesty for newspaper
cfStnces would be proclaimed New Years day, and
In; the decree Of exile against Generals Bcdesu and Chan
earnier Ia 10 be repealed
BELGIUM.
rbe Second Chamber had passed resolution in favor
d the repeal Of the Usury laws.
SWEDEN.
number of now and important failures are announced
Government proposed 10 borrow 100000 halers 70
assist the merchants.