The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-02-13
COMMERCIAL



dgous effort has made increase the rapidly the
ofbusness and bring hack the rapid of last
spring secretscme unknown impeachment
way branch OH sness this effort today and anguor
quite visible In spite Of the immense sal fsockn
Philadelphia and New York AMI consequent isolated excite
mont in particular such Delaware and Morris
visible heaviness in the stock market ally So the 9th
great articles of commerce. TIE ton market dull and
eighs have decline the face of the
pec Of things from England We have from the great
southern marts the Sd an the charactrs quite
BILE in that direction In New Orleans and Mobile the leading
20 nts Of the SOUTH there decided anguor The asac
nous and prices finer generally lively few days at
time but the general tone of the cotton market inactivity
and depression
Rea estate has taken during the last sw days but has
been produced BY the singular combination of landlords and
spectators give stability high The advance made
the only basis of these real Hthese adj
vanced should not be supported real will become in
active again Indeed believe that oil the transactions real
estate taking place in the auctions fictitious
rses got the landlords and the spectators in
these high rates and exhorbitant demands.
In this state things foreign pouring into the country
and the price Of keeps high During
sent nbsut bushels Of foreign Grain have been i'm
parted into Baltimore. At this there in this city
y 800 900 bsshsls foreign arriving into B,on al
Here have probably received bushels during the
From the Baltic fom the Adratc from the Black Sea-
from every of the old ~ordwe world receiving
bread suf BY letters from Germany it calculated that
millions of bushels will 30 shipped this country during tho
ing winter and spring Yet in spite Of this immense quantity
the prices high and neary double the
oflast year.
To question once put to the late Nathan Meyer Hohschd by
committee Bish House of Common he Replied that
in the whole ofhs experience he had that
imported bread stus the exchange
Immediately turned against the importing country" This resat
does alone from the fact Of import of grain or
bread stus the value of but the necessity mpor
articles shows disturbance In the In
dusy Of the country that gets remarkable fact known
every with commerce. that since
the Of the Uaed foreign exchange
also began TO rise, and to keep sng thief Of increased
erep Of cotton and increased Of domestic
Specie going slowly Of the country spite
done case During week Yearly 100000 appears 10
have been exported BY the csom House booksbut mach
gold have been distracted that Of we cannot
tell The banks well known their conceal
men TO have lees spsie their vaults than they had
January Yet there plenty Of Throughout thu
country TO support all il il
In oar foreign exchanges fom its want ofconcentaton
great marts.
We have equesy adveed this same view and we are hap
find that tive Journal Of Commerce has at last been Satisfied
Ofiu ACCURACY.
But the omnos feature Of the present in our
commercial the extraordinary import of foreign grain and
the dread Of Of gold and silver things 10
unhaaral such country this springs from great
ovewhc miss In There nequal, in
the action -four industry somewhere two years. the price Of
product this Of the has been raised while the
cotton and Of the ssuh the lining Tho In
erest money has increased while banks rail estate
have also neea we'd bsysnd example history According
statement published southern the CROP cotton last
oSr only Of the southern IS TO 10 per
cent The capital Of 500 millions employed in
raising cotton Our manufacturing establishments are eqyay in
crsasns Probably the capital employed
middle and northera states full millions Of dollars In the
midst of this increase in these branches Of dusy see an cx
rasinpu sininuton the ofwhca rye bread s,u
From Maryland and Virginia. the slave population has bces taken
on cultivate cotton and rice lands further south In the north
the construction Of rail and abstract many
fc the culture Of the so and the raising and srnn
Speculation and the desire to set mpdy ch bvom Of
these singular changes and I'M aa
uy The banking system, has whole world ut
MANN o. ana ~ us mssent-we 10 be only in
tho beginning oftbe Mississippi alone hs. increased he,
hank capaIAfsen millions oas marnins recently c,s Sl
fast Where 10 this 10 ensi
Prices Of Stocks a, the New Yovk rxcbsr.e r.h =,
10 = osnx, w ~ OH" Life and Trust Co iiaS n
5ssn on america; ~ Am Trust Ca. 1917 "
rnS"sx nAnA, IVA ~ OieeO ~ch IRIS. Go. 50
Del Il He'd. ~, 4. a. 81 N .hawk n 81 ss
Bank Stale II N. ", Hasleu, r. r. ssI
Atlantic Bank, Brook yn, 1891 Boz q Pcov n no =,
Morris Canal Co, @le Nj n a Tr.n. ~. -.
vicksburgh Bank s., Utica nj ii !. ,o2 " 49, wv
ksstucky Bapk, -, AZ, Long Island n n sol On
fsrmcss Trust Co
Prices u Stocks at Philadelphia, Feb TO-
y, Bank, tlTA t7t Grand Gulf %
vcksbuvg Bank, 7sl Del a TIud q, A A. Al q.
Keutucky Bank, "a