New-York tribune., 1866-12-01
FoREIGN cORREsPONDENCE.
FRANKFORT. .ON.THE.MAN.


FRENCH IoAE--ToTAL LOSS OF THE FRENCH
GRAPE CRoP-THB FIRST MEETING or THE FED
ERAL DIET AT FRANKFORT FlITY YEARS AGO
Tng BoURsE- SECRETARY M'cUILocHs LETTER 70
TnR UNITED STATES CONSUL GEEERAI-TaE
LEDGER CANARD-BAEK STATEMENT, &C.
Correspondence Of The n. y. Tdbure
FGsNSFoRl osrHs NAM Nov 1896
The Exchange for tie last week again showed eIeat
dallDoss, and little business doing.
Money is abundant, but not much Of a disposition TO
use It at present. There is much depression peyaiIgin
Pans Lyons and other cites which has o. less in
RacDee upon this market FIanoe has suffered very Sc
yorey this Fall from the great foundations Of her rivers,
and the loss OF her crops, and particularly tho grape
which is almost total one Il even thought ttat sho
will have 10 import the Rhensh wines 10 make her cham
payne OF this year, The grape crop was caIer n france
BY some two three weeks than on the kaine, and
great quantity during the wet weather ~ august a1o
September rotcd on the vines Hero in G,rmany the
pleasant suushiny weather has continued up TO this day
from the letter part OF September without hardly days
This has had beneficial effect upon the Rhine grapc,
which Ypons later than the Flcncb, and VIII make
tolerablc good wine The grape lexetthe o@ly variety
still hangs the vine though wc have lad several hght
oss The good weather has done much also o TIE beet
mad potato crop.
boiag severely felt Tie grape, particularly, has always
brought large amount Of money tont al paris OF the
world
Tho Bank of France, il IS believed, win now ISc TO
part with good many Millions Of coin which las been
Rowing its vaults for tho past year, which va 50
abroad for grain and other supplies needed lts last
statement was, however very favorable and the rate oi
interest is lower thaa IN this city, There s Lowover
that Fcnco intends to make large oani which, u
it DO true at ali, will considerably Affect the European
Oney markets Ii such loan Is made, the money IS 10
b. used fof military purposes.
Yesterday the ffioh anniversary Of the meeting of
Tho hst Federd Dict in this city. One solitary repre-
sentative who was al its Grst session survives. This
person % Count Scherf, them Secetcry ci Legton 81
and is now TIC sole survivor. he pcasaut interview
with him, and much lerested in bearing fim relate
the events Of ihs. Iay. He states he stood just behind
the chair OF his Minister and watched with great interest
everything that haDsEIed on that gIcat occasion lIe
city crowded with nobility and otor d.stnguisled
people who here 70 witness the nrs meeting oi ths
great OohDehloni "h1Su W@s' ~ l.bS,eo ~ 'oJ & VIZ @
Whole Of Germany. Ihe toWn Was also i.led Win an
Anxious crowd attracted b. curiosity and it vas great
and memorable day, not easily forgotten. WHAT an ine
don't that he tn youngest person who offended On that
OCCASION should now be the only survivor os we also az
The last Federal Representative 70 leave the Diet He
was accredited here Minister from Holland, aud fh
TcInains in this city. lie is sil tho Dutch Minister or
Damdstadt and some other Of the German States near
Frankfort. Count Schen remembers Germany tnat was
divided into ~ independent sovereign States Nov, By
death annexation and Otherwise the nurtef s reduced
20 % Fifty years Austria was the leading State OF
tho Coniedcaey and the steadast foe 70 freedom and
progress. She Is Row no longer member Of the Con
federation, and young and vigorous Protestant Power IS
~ the head Of Germenyi
On Saturday last the Bank OF Frankfort published It's
was regarded as favorable one. IL showed MlO, 400
OTns circulation and had in its vanlts, in coin and
loan 70 the city OF 7 O0 FORMS which was tie war con-
tnbution forced to be paid TO Prussia, in July last The
rate OF interest not changed but still relnHins ~ per
cent. TIE phiiqaelpi0 Ledger canaTd had but little
effect here as right upon its publication here appeared the
tsliowDg letter from Secretary McCuloch, 70 the o. s.
COnsal3eueral, which strengthened the market very
much for American bonds. The letter iayOraby con-
menod upon by nearly al the journals here. The letter
was private one bat its publication was desired by
committee Of bankers II has also been published IN
nOsry all the leading and important newspapers IL Ger
many;
DHAH Accep; my thanks for yOnr interesting favor Of
The 18th ultimo Tho Circular ealcGfed to Do as harm
but trust the holes Of securities IN Germany have TOO
affected by Circulars of any hind The policy Of tie Govern
neut regard ts bonds is well understood IN ts eonnir
side The principal Of Oh cur bonds The interest Of which s
payable N coin VIII be paid in coin. Our Interest bearing
notes payable in currency. am very truly yours,
H. MoCUIIocH, Secretary Of TIC Treasury.
WI W MURPHY Consul General sc.
American bonds Immediately after this went up from
~, 10 73i aud held very firm, though the cable
from NeEYork 70 the evening Of the 5h brought higher
quotations Of goldviz: 70 1854 and bonds ll0; Money
quite abundant and the rate Of private bankers is
about 81 cent particularly Of the Rohsehilds, which
per lower than the rate Of the Bank of Frankfort
al bo good paper WHICH is offered them for discount is
readily taken The Committee consisting Of Burgomaster
Muller Berg Van Oven, al Senators Of the Free City
ordered many weeks stree BY Bismark Berh returned
Hast week They sent for matters connected with
the annexation and the changes necessary 70 be made in
sa They report that the Berlin Cabinet find il very diff
cult to assimate tho laws and City Government 70 the
PTutsisn. The King, Crown Prince Count Bismark and
Under Secretary Saigny we're found very friendly toward
frankfort but the Of the Prussan Cabinet officers
a0d ohicials were very hostile.
RENEWED ACTIVITY on THK EXCHANGE RUNOREI
ABDIoAToS OF THE EMPEROR oP AUSTRIA
PRUsMAN FISAScEs DEMAND FoR AMERICAN
sECUmTIEs-THE MONEY MARKET.
EIom Oar Special Coue,pop5snt.
TRASnOEr oNTHE MAN, Germany. Nov. l6, 1sGG
Business the Exchange appears nov 20 be resuminG
i former activity snd promises to be active TO the end O
tasyesr
South German funds are IN active demand and ever
Austrian have attracted some attention Some Of ou
spectators entertaining strong hopes that VoI
Beast xn ilfase life INTO Austrian politics well a
funds.
The Austrian National Loan Of 1854 advanced TO 5Sf
erise OIL per cent above last weeks quotations, and
aeay az ne other stocks Of that 0oFcmmeDt quoted
q doy about % u por cent higher.
There Is rumOT tAat the Emperor Franz Joseph'w
be compelled 70 abdcate in favor of Maximal who is
T abeT and would make Car wiser sovereign This is
tpposed b have had effect III strengthening the
nsrke for these securities u hardly Be reasonable
WpJ0se that hege canbe any grounds for such report
pretty well known that the Emperor has not shown
Rseh equal % ths great emergency IN which he finds
mseG II he fails In this last effort Austria will become
bankrupt and be plunged into revolution and split up
INTO several independent states.
Inc hscai Etatement0f the frussian Government was
HaLkaby favorable heFeceiFS OF the past year
tHSOi0O0 thaieFs being y, 10000 gTeater than the
keeeaing year Alter payinshe eZpensefthere "a sur