They are dangerously expanded as a body, and cannot pay their debts except in interest bearing notes, and are overloaded with fancy stocks as collaterals.
The New Orleans Bee, of the 7th, says that the French had occupied Matamoras without opposi- tion.
Two regiments had landed, and all communication with the interior was for the time interrupted.
New Orleans advices of the 9th have been received at New York.
The reported sinking, in Mobile Bay, of the Confederate ram Tennessee, is unfounded.
A disastrous fire occurred in New Orleans on the 8th.
The warehouses of E. A. York and A. F. Cochrane were destroyed, involving a loss of several hundred thousand dollars.
The Paris correspondent of the New York Times says that one of the vessels built at Bordeaux for the rebels has been launched, and an English vessel was lying there with equipments.
The Rappahannock has been enclosed in a dock at Calais by order of the French Government.