The New York herald., 1866-05-27
PRICE FIVE CENTS.


merchan, who procure money than
or eight per has css facility for exporting his
could get u a, three Or three and haIf per ceas.
England, which Is Always Obliged 10 20 to foreign
markets Tor corn cattle wine and other articles OF day
o"hshnpton-not 20 speak Of silks cotton ana wool
would iteler paying for them with manufactures she
mus. % sy Tor them In gold and IN greater proportion
Nheh any cause such that Indicated, impedes tho
e,o,hGon OF her manufactured art clcs The measures
whh the Tank OF England forced to adopt In the CIR
capital and the law OF produce an quite dinr
ent rom that ntcndeA The bank supposcs that they
| contrary.
He concludes The Bank Of England VIII have the
choNe only between impoent negative efforts and
imPossibles OF divers sorts, long placed
In normal conditions One Of these conditions is tho
flh command oi is capital The state reinburAe
schat g. frm IL IN TINS II dg o,iv and s surpIus
revenue now gives Il the OF doing rhs effect
Of the restrictions OF the law Of lsi4 ghtened
" the State restored TO tie Bankiihr capital borrowed
which should not prevent tho abolition OF these ame
restrictions In this there s the mostuscfui cmpi ~
ncnt of tho surplus, and Ia which recommend
TO the attention Of Mr. Gladstone and the Parliament
The Latest from 'Chrmce
From the London Times tciiy artlcle) May 10
The discount establishments 10 day have hNcd ther
OF allowance follows "a per money
call 81 at soven days notice. and ~ al fourteen days
notice.
The mercantile failure announced a, Liverpool
Saturday that Of Messrs. Wakcneld Nash A Co,
very respectable commission house. Tho amount Of
their liabilities has not boon stated but II s though,
probable II may bc about goo 900.
The amount OF the liabilities OF the old nrm e Over
end, Gurn.y Co. taken 10y the limited company,
was stated on saturday To have bccn G2t0o 600 aa ns,
which depoated assets estimated To cld f3 100 900
II appear however that the liabilities "orc s2vO0 600
agans, assets Tor f3coo.ooo
Trade on the Continent.
Trade and commerce on the Contiueui appear 10 he
suffering 10 an almost unprecedented extent la Ham
burg the importation of colonial goods has all but ceased
The mill hands Ia the manufacturing districts have oil
been paid on, and the panic IN London ACCOMPANIED
by similar oon,usous Ia Mnnich aud lierin Hallway
shares have many en from 20 to 20 rer cent
aud the Berlin Exchange fall d Ia the
government stock which has never been known before
one OF per cent single hour The rrussian per
Cents which formerly stood al ioS or ioS now at
10, Els~here similar complaints ire made, and tho
banks Ind themselves overwhelmed with thrr
notes Of which they cannot nd except at heavy dis
count No wonder " under such cfs instances tho
Chambers of Commerce snond address petitions
10 tbs King of Prussia to his royal brother OF sas
ony urins The maintenance Of peaee aud the d1oontS
usnce cf wariise preparations
sporting.
rBE BETTING OK DERBY.
TarrrRsaLLs, Lspos, MAJ N-comraring bats on
the Derby and settling the of the pasi week
occupied the attention of members during the earlier
portion Of the afternoon. Tho crowded. but,
considering tho Derby the of decision, betting on
the great Epsom event by heavy although
our list " quotations 10 lengthy Lpra Lyon arm ~
7to< but Rustic had friends al 10 To 10, and his
loa.redl Redsn had q few hackers At 100 to a, -
had Monarch oi the Glen and Abcrgeldle st 20 TO
or sSe IT To.ophi,s coil, Who va. freely backed ss
prices varying from 20 10 down to 100 to 0sksnl
s,rsihoonsn and weawek had . deelisng look; and
the mysterous stabber received his quetas oncr of
thousand afly accepted sboa, Baron Ro,hschids
Robin Hood, and one hundred 10 was offered ssans
NJ. Ssvile's lot
rHv INTERNATIONAL scrLLisa HircH.
From this London Telegraph, May 10
Articles a Agreement h.ys now been sisned bs'wess
between Tho 70 and 9Th OF July. Ths nnt To b
i've miles straight, the second aud half miles
match f250 . side IL 900 IN The aggregate
Bsml receives fioo 20 pay his expenses I, ia s,psesd
thss the will b. rowed the tyrs, lIAfn sho
has shs.ss Of wsss., objects 70 his rtames
Comaaessial InssIiigsnee.
rmE LONDON MONEY nAHxsT.
prom tho London Tines oisy article May rs
No events Of any iMporsncs have irssspf-d tn
day In the city Great anxiety cf coarS' confines 70
prevail hat every hour ,ha, pAsses without hs
pcc that the effects OF the Wvek Of last seek may be
keps within limits much narrower than al on. Tune
jSssA yaasr" AoSs orsrsd CONSIDERING that the
snd that the mosi extraordinary raiss have
again been paid In the stoek Exchange. this IL very
the hank went up irum ~ iio 'so IL sos 10 tbs
eoure Of two mouths and after the panic o 1851 the
rise from 1901 10 10 Il tstT0 within ain wsshs
A propor.ionss movement may be looked fos on the
present ocan and may Therefore be considered eef
s 'H .sI. ssa' :" ,ds =. sv % ,s"r ,s.~. .o %,y
soon nnd the field sgain open Tor every legitimate
operation The tendency of the funds to-day has
sgsln been tosard rapid improvement. bot the ptee
sure for money IN connection With The bali monihy
settlement aud a refusal the part % the Bank u
England to make sdysnses of csnsols caused sudden
relapse. Cobsos, which closed Saturday st sos,
nrni quoted 40. Prom this they vent 10 tsb
and rallied 10 siI finally fecedieg N "a. for de-
livery and ss ~ q dividend for the Bssa
stock lot of at 40 2l reduced sDd thfss per
cenu. Hh AZ; India stock 40 2i2 inii@ bonds.
los dec0unt IA taf, aud krchegusr bills Ios "a dh
Foreign stocks have been comparatively nfn Spanish
passive oencAt1s rerpects ely show sft Of
y. the former cofipg 81 22t The latter Al ISa hssL
can ct Iss bstiss Italian VAS ess weak al ssi.. The
trsBs.etlons quoted In tho 0re s Brazilian
psssl 81, di,ie nsssl, 90, di,is lserpD. > ~
1915; ditto. for account, ioH, y duo dsstL IA.
DO tpa-.lysl p ~. do, for ae' osai, 2zE y. NJ
do icertifeairsl Iss. lb Do, for account, ibs IA
49,. 10, Italian CssiA 20 CO. 49, and DO. fr ~
count toS.
The lasf price from Paris the evening a. ssc
showing fclayss oi tbfee sighfbs pr cent
Tho sum Of f1O0o gold tassn ~ the hank 10
day and GIs 0c0 LAs be.a wttdr.sn
The West India sisanrr IA li2ta has hruusht f5z TO
gold and 6si GO n silver
sNrtFfrigs avn DsttwAU
rniisd states 20 ~, Issz. pa cent. "a G
Virginia rtair, per essi.....,........... ~ -
Do pr cent. 90. ...s.+s-. ...+.s..s+tt ~ "a
Ausp,o ana or.s, western y Y sc.
Is Dort 1870, p<f esst. .... .......... ~ Ts
10 do ~ .10rs 1881 si.................. 20 "a
Do Pennsylvania b. mort 1911 ....... ~ -
Do do. ID mort its7 .................. 20 ~
-fio., consolidated mpfigags boncs, 100 70 O.
Lrs shares, 500 fsn yslfl . c......... a. ~
Do. convertible bonds, q D c......s.... 20 ~