The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-07
THE CRISIS ON THE CONTINENT.
the COMMERCIAL SITUATION or FRANCE.

COMMERCIAL OF FRANCE
Paris Cores pondenco dec. 2l) OF London Tnesl
The commercial situation Of Paris is not since
wrote last on The subject indeed matters are rather I'M
proved since has been asceraned that the bills due on
the 18th inst have been paid The feeling OF absolute
delight expressed by the Pry at the state OF CONNER
cal and financial affairs France Is simply absurd The
organs always in cxtrcmes; they no soolcr
&c, tho order SO say something 10 uanqazc the public
than they ny OF into transports II Is true that no failures
of serious description have occurred, but this aribu'
table, o. have already observed 10 the comparative
bmdiy OF speculaors who are 10 the Engh hu1 Ameri
cans what the ancient naygnirs creeping along NE anores
o. the Mediterranean, were 70 the bold mari
mere Of later 'timss An uneasy rem mprance Of
1915 st.r clings 10 them, and, though tranquility
aud order uow prevail throt ghOut frarcc. yet Il l.
but one firm hand that maintains H. The cfss felt
with much severity because men are not veulurUus and
they have IN their thoughts the uncertainty Of human
lfc 70 this u may. the engagements for the md N
the year said 20 be comparatively light the Paris
banker. arrange that the payments shall be made either
before after that period, with view 60 AVOID difficult
ties IN closing Their accounts 90 The last day Of the year
with respect 10 the commercial bills falling due The
18th of January IS evident from tue last monthy re
turn ~ the bank thai they are light a. c0mplrod win
those that fall due IA December Is exPccct-iHdeed,
II IL anirmet-that the bank will give facilities for the
renewal uf such bills the accepicrs may be
able 10 meet The returns show that money IA not
scarce IN Paris. but clearly y not IN the hands of
the trading classes of the community for the ware
houses oversocked with merchandise. for which there
but little demand Hitherto there has been ugbtness
la The mercy markc and embarrassment the tghtness
Is relaxed OF the embarrassment following the difficulty
OF realsing saie si continues IL Will require some time
vet before rcstc ed o. IT. former ccaIou. Several
pcr-n ofopnoo that ade has suffered quite as much
from adopted 70 Keep gold 10 the country
anybng else tbs the caution exercised by the Bank
carried III Inty refer, In support VI their views
TO tho 10 'ha ~ the Raak q England maintains tho
rate or -fa' 81. 40 per cent, that of France has gra
dual raiu. = o~u rate 10 six, without Inconvenience
or o..ru-t is ssocs of bulllon. Some remarkable
ir' Observable during the pal week IN the
prr, u' fftn. articles of produce. Cotton. sugar
an, rlIr fallen. SDirits Lave risen since the
pu .fa 81 H.e Imperial decree imlosii q adaronal
d.. .... hectolitre foreign oraniies Tslow
IA Wheat and -four have declined. The fac
TO- -tt1s rs market entered Saturday 1888 sacks
lr uslay Tor delivery within thirty days, a. prices
va rg nom vi. TO 55f the sack Of 80 klogrammes and
y4 stks Tor bakers use Flour OF the four marks was
or,i "A saturday AZ 5lf SOC the sack bu, there were
nc suyers. There variation in the price wheat
~ offered al re- 4oton Of Soc The hectotre Toe
rate sse Isl ard Isl o. for superior quality Barley
Va. .ewlse offered p, q reduction. Barley from Nogent
81 W e quoted nj l,f Soc and from Champagne at 17f
D. 90 klogtsmmc. There is better demand for good
Jat inferior are unsuitable Os,s from the Besnce
a. IS are quoted Il 3if the $50 kilogrammes.
rgre ODec. 2l) Correspondence Of London News.
.. yourse has been very nrm, almost brilliant, al
'houEn there vas reaction ID the renie at the close
Aer ing touched est loo the rento for closed
or Soc with rise Of l5c. Dor cash the last price
wa rs, being rise Of SOC. Moblier rose 57f go.
Tho N,l'sLs Railway rose 2lf Soc; Northern, loi
Fasie D.. Lyons, l5i southern, l3L; Western, III
Pour u nliIops OF francs IN specie have lately ar.
rived .Isrseies eni sixteen millions more are ex-
range nj has been made by which the Com,soir DTS.
corm ~ be prepared TO knd sixty millions in aid OF
trade y maritime pDrts.
Prom Paris Gahguani (Cty Artice) Dec. %
TvoouoCS, T. N.-fbe market has been very buoy
ant ~ culators for fan have been obliged 10 settle
then accounts viii heavy loses, and the principal
cents oi advance % all the securities, which has
cen besit Influenced By further rIse Of y the
rnglish consols II reported that the Bank of Eng
Lind ID reduced ns rate of discount to per cent
Thrccs, after having heen done at 81 r. Zoe, advanced
a. esfr 15c. MobiIcr varied from 7d0r TO sOOrr Or
lssrs .2s5fr "a 2 2fr. 50c
HArF-p.sT nREr Tho rise At the commencement Of
the marie became checked ia consequence Of oaatons
for rrofts.
The Paris corrusp0nden, Of The London Hsrold writing
on 10Th Of December says-Rumors Of an alarming cha
Gref' he, 1ne1cia lebry, who enjoys the reputation
Of being the wealth ! in France ". Grefulhe Is
Que OF the most useful IN the country these hard
times Belly paper in readers tai' the house
.. Crc0uhg Vne q us Uos mlorl,ai p..,es VI Vac
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