The herald., 1837-02-27

Wan street, Monday, Veb. ~.
The stock market on Saturday again hssG the money
market stood as usual Phladepha after Nv dull days.
stocks Saturday began enough
the money Market their here high and scarce What the
use Of the sury The holders of money mach
as they please loans in the present state OF the law Why
do they cry out peal Do the capitalists want than
and per cent month
e reoera also beginning look quite sncourag
ns rhe dry goods business has begun with life and vge
alofs5 hhas Kentucky tobacco made Saturday
from q os averaging about 3 the quality Inferior lot
ofi24 bales of Cuba offered and Withdrawn
Havana sugars sells for ST 81 cens whites,
ia About SO bsgs ofcoee sold Saturday and
brought oa cents In the wheat market damaged
sold on Saturday pces ON 81 cash. and 22sl bags
wheat and $40 do imported the day from Be-
men, Cotton remains steadyNew Orleans, 10 10 cent Mobile,
l6 10 cents Florida i5 IS cents In the flour market there
ashfeaty procuring correct information We have been to
number Of large Dealers but cannot learn conest data from
them regard the number ofbarrss received hand No
thing bat southern has arrived this winter and such
smaots that tina quantity be estimated No change has
taken place in the arce-qsotaons Siii a. and i Market
dull.
The singular dealers begins
the statements stock on hand
gated by them the Wall prints. 1t stated that
less than so 600 barrels of flour hand ts me Tho real
must be clearly undaated According 10 the Flour In
specors made TO the Legislature last month"; there were IN
speced this city for last $50 barrels OF wheat Hour
295a and 900 barrels OF other kinds OF meal
Tbeconsmpton Of this city estimated at 1880 barrels per day
or barrels per year therefore that nearly
barrels Of -four ben exported coastwe dung the
year without taking calculation the stock of 1895 hand
This must be greatly exaggerated.
We confident therefore from these data that much larger
sartty of hand tn in New York than any
public print ur dealer will admit
easily divine the motives that would dce them deceive the
public perhaps without mpugning Their motives, the isolated
attention each has his business easily lead
them asray
There mistake the facts stated They
record From these facts the ressabla conclu
xc
country than the public has believed for time We dis
posed think that the high price of flour has been created by
panic that will down % barrel before the next
crop be wanted There suspicion in mind
that the cry Of Scarcity scarcity short CROP" short
srop" have been raised by the dealers and speculate
The story Of the -four trade in this couobrate the
idea The high prices Of flour eaports the
1885, oe H. IL IS which averaged from $40 SIS bae
paraded the world sufficient off and apology
for the high prices But thefe important ference
between The high OF those and those of the present
The United States then the exporters Of the bread stu
the high prcesws apparently the importers at the
like prices BY other the ountry fertile beyondex
ample and unlimited to SOIL is tlnwn into the of Eng
gland whchhas pepuatoa and limited soil.
are impaters OF bread su at high prices This either false
position attitude indicates jar
IN systems here 1t hardly possible single year. by
condition Of the Of agicuua labor could
traverse the period Of couple the
ca history of England for that cd required chlnge
couatry from exporter to importer Of bread sufs
With IN facts bof,re constrained TO come 10 the
asion that the story sshsr supply wicked
panic foot by spectators by the miserable
Wall teet Let the public curta their Of
hou and rat as little possible and will TO
$50 30 before midsummer if tn. facts stated TO be on
public record be conectand they beyond question
We have several other deve opments make trade
another day Indeed the public begin the eh
alone Of the whole daily has the and
aresRess TO toll the ath Of the STICK flour or
Of any other market.
Reats are coming down. Real estate will net $50 rant,
M Many Of tbs lan rds have been obliged rcscde TO
the rents Of last year. Let tho hold all rents will
come 10
Congress and tjNe iSse<s;stsrc have dene nothing
Prices Of Stocks the New York Exchange Feb Qs
T. g. Bank, iso fs1, 1si Y. s. Marine In Co 75 H.
NJ bnnx W M.hawk r. r., va, 2, o. 0, 81,
Del ~ Hud. S7 o. 81, 81, 81
Morris Canal Co, I,e "a Patterson r. r. 7ol a.
TX STATE of ~; T., llOk Har X. r., 50, S3i 1917
kcntucky Bank ~ Dos d. Prov X X. i07, 8, 81, 81,
N q. Gas Co. 30, 81, n, Z, NJ. RRA r. Co iosA 80
n y CITY Bank io3 Stsnington X. r., tn, "a
o. Life q Trust Co, lf5, IL Bss. d. Wov. r. X 50,
Am Trust Co Bait los, l0OA Long Island X r. s2t a. "a
loot 100 Canton Co., 76i, IS
Prices OF Stocks at Philadelphia, Feb. a.
U. g. Bank iis, Union Bank, lO4
Grad sank, s7f, ~ Del. * Had IS, A.
Kentucky Bank, sot