Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1825-10-04
From the Me,c- York Gazette, Sept. %.
TRADE OF THE BALTIC.

From the Ns,c- York Gazette, Sept. %.
TRADE OF THE BALTIC.
The following Circular will no doubt
prove highly interesting to many Of
our readers, more particularly to those
who are engaged in the Commerce Of
the Baltic. ltmay not be amiss here
to introduce singular and interesting
tact respecting the level Of this sea,
from the Glasgow Mechanics Maya
zine, which has bearing on this SUBJ
ject:
at was suspected that the waters
were gradually sinking; but memoir
in the Swedish Transactions for 1928,
has put the change beyond doubt
From latitude So TO 6S degrees, the OBJ
seryations show mean fall Of one foot
and half in 40 years, or 4-loths of
an inch annually, or feet 10 inches in
century. The Baltic is very shallow
at present, and if the waters Continue
to sink as they have done, Rsyel, Abu,
and hundred other ports will, by and
bye, become inland towns; the Gulphs
Of Bothnia and Finland, and ultimate
ly the Baltic itself, viii be changed in.
TO dry land"
Copenhagen, June Is, lS25.-His Ma
.iesty the King has been graciously
pleased to grant Charter of twenty
years, with various important conces-
sions, TO trading company to be es-
tabhshed at this place, under the firm
Of The Baltic Company at Copenhagen.
The capital Of the company has beer
raised by shares. 1t begins business
with responsible capital Of Rbt $780,
600 or Nix. 100000 Hambro' banco,
being considered sufficient for the pre-
sent; this capital will be augmented
in proportion to the increase OF bust
ness.
The main object of the company is
commission business, and principally the
realization Of goods suitable for sale
at this place, and consigned for this
purpose to the company. Upon such
consignments this company will make
adequate advances, and keep a stock
of the most current Baltic produce,
10 be enabled TO furnish return car
goes when such are required.
The company may likewise in some
cases make purchases for its own ac-
count, Of part Of the cargoss consigned
to it for sale.
The local advantages Of Copenha-
gen as an emporium for Baltic, as well
as for all other produce suitable for
the Baltic markets, are sufficiently OBJ
yious. Her situation at the entrance
of this sea, an extensive and safe har-
Dor which is navigable nearly the
whole year round, excellent anchorage
and wharves, large and well situated
warehouses, and the facility with which
goods may be bonded and reshipped
under moderate charges, are all i'm
portant endowments which few other
commercial places nave to present.
Frequent experience has shewn not
alone the dangers attending the navi-
cation OF The nigher part of the Baltic
at late season of the year, sometimes
even obliging vessels to winter there
but also the indifferent sales, which
cargoes, brought to the Furthermore
markets which can be resorted TO, have
met win, owing to unavoidable accu-
mutation of supplies there, or to the
circumstance of whole cargo of one
article having exceeded the wants-of
the place. Copenhagen OH the other
hand holds out to distant nations the
incalculable advantage OF 4 second an
nual voyage, and of finding at her port
in general better market for their
outward cargoes, than higher up, ow-
ing 10 the concurrence purchasers
in the various Baltic ports aud on the
extensive continent behind them
These important considerations may
probably induce American and other
ships, on finding at Copenhagen
(Which has never been subject to seri
Gus inundations) at moderate prices
sufficient and well assorted supply OF
Baltic articles, to realize their outward
and take their return cargoes there,
1t is the object of the Baltic Compa-
ny, by means of sufficient capital, to
encourage, for the benefit of all nations
trading to the Baltic, this exchange OF
produce at place SO well calcula ed
for that purpose as Copenhagen. Am
pie support has been gwen by the Da-
nish government to this plan. Bv late
regulations for the encouragement of
transit trade, duties on goods bonded
at this place for re-exportation have
been reduced to the moderate basis Of
to lper cent. on their value, taken at
lair estimates, and port charges on
ships have been very considerably di-
minished. The Royal charter Of the
Baltic company insures neutrality and
unlimited security, as well in peace as
in war, to the property belonging OF