New-York daily tribune., 1859-06-06

PAYMENTS was officially announcs" Ose'h-r "''u
Tho financial measures accompanying i, the smil
metallic currency, copper as Wen Ss s"'er, dis'P'
,.,r,a a. if bx the stroke of magi; wand Re-
., mrs. uas taken 10 the same primitive method oil
marching out larger psper into slquot parts which
81 ,ou.b b,sildered the foreign visitor Of Vienna
- tsaa-every individual holder oi a oDe-h rim
hank no,e. cutting It into s' many fractions as be
stood in need If for cfec. Ds hl- ret1i pnrcoase'
The Government at Vienna and 10 the provinces,
has tried 70 stop this daniatiDc process by proc
lamari,n warning the public tbat fragments oil
notes will no, be received in paymen; by the tax
,,,berer and b, the bank With regard - the
b,nl this warning seems Illegal sincs there still
exists law Of the year lS4-, obiging the bsuk -
accept such fractions OF notes and there Is at the
bapk even a whole system for calculating them
II has been oficiousiy asserted that there wera in
circulation 2s OO0, 600 of horios in sm'll cash, a
sum which. i, is added, twofOld exceeded the real
demand The authorities therefore, g are resolved
" seriously TO oppose the silly speculation, which
4" at present renders the small currency scarce" 8"
This supposition Of superabundance of small
cash is, of course far from meeting the visible de-
fcency of the thing needful.
The authorities should have been aware that the
premium Oh silver has rIaen enormously that even
copper hears u premium of 10 per ceat, and that
the peasantry are everywhere boarding whatever
sounds ike metal TIE Governors of Bohemia
and Lower Austria baye reminded the public OF
law publishing all agiotage in silver and copper
coins, with fine of fifty forms, and even heavier
penalties. but all in vain Such repressive mea-
sures miss their effect, the more surely when
coupled with such official announcements "a that
contained III the official part OF the W,sner Zestung,
according 10 which the silver pieces of SIX
kreu,zers will be put out of legal circulation 10 the
Lombar do Venetian kingdom rom the lst of June.
The government will finally be compelled to act
upon the petition of the Chamber of Commerce OF
Lower Austria, and, however, unrespecable IL may
bs, to issue government paper for retail transac-
tions at the respective denominations of >, 10 and
25 kreuzers.
Ascending now from the low regions of retail
transactions to those Of the money market and COM
neIce properly so called, we have first TO note the
failure, already known T. you, of the eminent hrm
Of AInsten & Eskees, which was declared on the
5tb of May. They were the principal btbrokers
of the metropolis whom the discount of bills uot
imme dately 10 be transacted at the bank, and the
rediscount Of the industr, and commercial bills Of
the provinces principally deyolved. Apart from
the metropolis, the monetary transactions OF the
manufacturers Of Hungary, Bohemia and Sllesia,
were concentrated in their hands. The firm boas'ed
of standing of 60 years, and its chief, Baron
Won Eskeles united in his hands the functions OF
Director Of the National Bank, Consul-General for
Denmark Chairmon Of the Discount Company of
Lower Austria President Of the Company for State
Railways. Administrator Of the Southern Railway
etc He was in one word, next TO Rothschild, the
highest financial authority of the Empire Arm
stein & Eskeles had played prominent part in
the time OF the Vienna Congress, when the salon
of Frau Won Arnstein formed center Of reunion
for the political and literary celebrities of the day.
One of the immediate causes leading To this failure
which involves sum Of about So, 0OOO was
the refusol of the Paris Credit MObllier t. honor
the drafts of the Vienna firm. Consequent upon
their downfall not a day has passed without a
whole lit of failures being registered at the Vienns
Stock Exchange of firms, among which the most
important are those of Solomon Commando, Elam
& Co, G Blanc, Pecber Il Co Diem & English,
l. +. GaartDer, +. c. Schmidt, NJ. Greger 4 Co,
the Brothers Pokarny, Moitz Koinsky Charles
Hober A. KirschmanD, etc. In the Austrian
provinces bankruptcies Immediately connected
with this disaster have broken out at Briinn
Prague, Rrichenberg, Lemberg, etc, the most i'm
portant being that of the ffm of Lutheroth & Co.
at Trieste, whose chief is the Prussi.n Consul and
Director of the Austrian Lloyd. Beyond the con-
fines of the Austrian States some first rate houses
at Breslau, Msgdeburg, Munich, Frankfort, and
the Loan and Commercial Baok at Cassel, have
succumbed Generally speaking, the present panic
remiDds one of the commercial panic at Hamburg
in the Autumn of l-57, and the Hamburg proceed
ines for the aeyiation Of the psnc will also be mi
tated by this Government. Some relaxation will
take place in the laws concerning bills Of exchanges
the National Bank will form Committee for the
support of firms only momentarily driven TO sus-
pension Of payments by the general state Of dis
credit, and tgo millions Of psper money will be
granted TO the banks of Prague and Brtnn.
COMMERCIAL INTELLIGENCE.
LosDoS MosEY M.RKEr.-The London money
msse, slightly Cousols closed The Gath slid
qlt fOr and 9ll q 9li for
AMERIcaS SECURITiEs.-The sales Of American Sc
cuIi,ts w,re quite uuimportant.