The New York herald., 1871-08-23

FRANKFORT-ON-THE-MAlN,A August 10, 1871.
The Treasury Department. Washington. is repre-
Rened here by the follow ing gentlemen, wv. A.
Richardson, Assistant Secretary, and r. NJ. Batch
ford, ex-Minlster of the United States to Rome.
uhey were joined yesterday by j. p 'B1gelow, OF the
Loan Department. washington, while Treasurer
spinner left on trip to Baden-Baden. Several
0ther financial celebrities have reached Frankfort
during this week for purposes OF concertlng meas
0res to place about
FIFTY MILLIONS UNITED STATES BONDS ON THE
= MARKET
{ The government agents have received several
offers, both from London and Frankfort bankers. A
partner OF the house OF Barring Brothers has been
staying for the past week two at the neighborng
Spa OF Homburg, where Mr. J. L. Lloyd, Of New
York. representing financial association OF Lon
,flon, England, is now sOjourning. No definite ar
Cangements have lar been made, but there is not
the slightest doubt that the whole OF the amount
will be readily taken up 10y German bankers. Al
Though no particulars have transpired, have been
Informed that
THE TERMS
(which the government has been able TO obtain are
more favorable than any offered yet by Wall street
Bankers or others. Assistant Secretary Richard
BON. l believe, is waiting merely for
some necessary documents, expected here In a
Jew days, when ne will be placed in a position to
conclude market with the bankers here. The
financial world has been much scandazed by the
non payment OF
OVERDUE COUPONS OF THE ROCKFORD, ROCK IsLAND
AND LOUIS RAILROAD.
Several millions OF bonds, according TO some state
ments, upwards OF nine millions have been placed
here and In Holland through the agency of Morris
g. Bulge. At meeting held here on the sth instant
Resolutions were passed for the purpose OF
ing measures calculated TO protect the interest Of
the unfortunate bOndhOlders. In the course Of q
discussion it transpred that the Information con-
veyed by Ii. V. Poors Manuel OF Railroads In the
united States led investors to believe that large
amount OIL the
AUTHORIZED CAPITAL HAD BEEN USED
IN the purchase OF land. No less than two millions
At had been asserted had thus been invested, while
NOW, on investigation, 1t appears that the amount
does not exceed sixty thousand dollars.
OTHER BONDS.
Bonds to the smount OF between one and two mil
sions were placed here this week OF the Illinois,
springfield and southeastern Road, at rs or 75H,
and another million Of the Chicago and Southeast
ern Road found purchasers at so. The discrepancy
ts accounted for by an act OF msmanagement, the
bonds having been IN the hands of Baron Eranger,
who placed them on the market through the agency
of the Austrian Bank, who probably blundered
somewhat in the matter.
THE MOBILE, NEW ORLEANS AND TEXAS ROAD
Withdrawn from the market ana sent by Mr.. Shat
tuck through whose agency they were offered, to
Amsterdam. 1t Is noteworthy to remark IN this
connection that, rs rule, the Amsterdam Exchange
follows invariably the wake OF Frankfort, and that
seldom or never have American investments found
favor III Holland unless Frankfort takes the lead.
THE SEASON
IS too far advanced to admit OF large operations
She Bourse. The most prominent operators are TAX
ing rest IN the country or enjoying relaxation from
business at Of the spas IN the environs OF this
city. Under the circumstances the Assistant Secre
fary Is making but slow progress.
ROUMANrAN RAILROADS.
The excitement respecting the question OF the
Roumanian railroads has not subsdcd. though 1t
appears that means Will be found which bid fair
toward pacific arrangement. The Austrian gov
eminent has evidently large interest at stake In
preserving peace on the Danube To her 1t Is not
mere question Of money, and, therefore, the efforts
OF Prince Bismarck to stave of the evil day must
receive the support OF Austria.