Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-27

9VN (EAI hd aAh
t.u Of healthy business This state Of things arses IRON "
reckless and SPECULATIVE movements Of clique Of an es
L,okers whose operations directed solely ~ se"
and have bv their influence with the present party
IN two or three instances nearly plunged the cosnsry INTO
r.,uIsion-uothing but the firm and final rejection
f the agated unlimited system OF borrowing can repair inc
.h.ken credit OF American stocks
SALES nj the stock Exchange.
900 Bank Of Commerce 1884, 90 Dry Dock 1885, "a Leather
Bank ia; State Bank 1915 An Bk S4a % 10 vi
70. 100 DO ia 40 so do 80 bis so do 7s rs do si $40
10 s 100 do 20 bio 30 DO 60 bnw do sou % do ~
"a Az iies 50 do ls so ac veksbg COT 0s 81 osd.
Is Bank Kentucky 90 10 do cot 10 DO sot ~
IO; Is New York Fire ioe City WI ~ East RIVER WI
M Ward 76 Merchants Exchange "a; canton
AL 20 do 45 SIS bO 100 Paterson 6ss % DO es
10 DAYS. 10 Boston Providence los s3 100 iot 90
100 Dc 50 NV % do o. 100 do SOL so do s9 2w 100 %
sol bl2 so do SO 6o 40 Long Island o. 30 DO o'a 'o
lbs do GOT.
Grain and Flour Trade.
xv,,h the na DAYS several thousand bushels Of Wheat
have been foreign account One
were bong for shipment TO Bermuda al 81 r h,.h
hnnrd bshe for The Cape Good Hope, al pip per oush
~ Th nr;ce show an advance those paid week ante,
ror of two FIVE cents; but the improvement 49,, ,h
hr IN. nresent scarcity of the article In TINS
~. There is scarcely any wheat in the city
At his season of year. the bulk being IN the
<la or
linn, an entirely new and interesting feature in the trade
Exnorting wheat Bermuda, fresh anu move
asd which ultimately result very S.rsor
piled Bermuda part with her breadstus ana .he ND
been furnished VIA Large portion s s with for
they could do nothing with the latter Now however, hey
can. Let US see. = ..,,. r. p,.a.
About one year ago. several leading capitalists OF bsrmada
,uped to the of the lsland for charter Of com
paw to be called the I" Flour and Bread COMPANY iney
received the Of Incorporation and with caPa OF nearly
al
mill was capable of turning out twenty parre OIL
fos per diem large bakery attached which would
Az ~, Inhabitants entirely ufs oil their manuiac
ture il not of growth Every thing worked
ly well for time the inhabitants were %,,
and twent, per bare which was LEVIED on all
ed But after successful run, the orsga mereAsn,s mssnea
theneyes excluded injured by the MILL and they conss
queny started the cry its being monopsy gross
ten on the public and should not be tolerated Inc ogna
r and owners soon the these reports
i'm edaey books, that all who wished
could become This materially affected the
and again people purchased the hour anu almost
exclusively bat when report mooted difficult to
eradicate tat least it takes some time Inc ABSURD dea
hOws,sr GRADUALLY ach
more 50 than was anticipated by the proectorwho thought
it would be hard to mPres the people into the Oeiei na
Bermuda remarkable regularity and steadiness Ia all
commercial operations IL there is amy increase II is
slow and gradual keep pace with the ausmenaon IN inc
population Now mil can when running full time, make
twenty barrels Of -four day. Thousand barrels per year,
which is equal thirty thousand bushels OF wheat but al pres
emf thew ONLY me two bushels per month, which
Co., enireIy fon the United States II this mill be
full and there be the slightest doubt but hat II w
other companies will he formed other Islands 50 that IN
short all the West Indies will make their Hour ana thus
supply people without being dependent en- other parts oil
the other than the which passes IN duty ire
Previous 1888 they obtained their bread sn almost
wholly from Europe and scarcely any went IRON tss 3
This owing the Immense all over Europe IN 1880
and al and the OPT monopolsts in this country
during period then revolution IN the trade
place and the articles be had IN the ned
States cheaper than IN other parts Of the world A, nov
ever stiff high the several mart but towards har'es. time
every buhe in will be crowded forward Conse-
aueny the proximity Of Bermuda this country the advan-
faye derived therero and the cheapness oil the wheat
will think, the entire business OF these
foreign mills They will send to Europe LOT car
goespay the heavy insurance and expenses when he can
Be had here quantity and without the necess AeP
ing large supply hand ruin vessel can easily make
the hence Bermuda days. and therefore tney
ca. always from this country and then again
49, car iake OF the tuations the market
Deusnd invariably begets supply ANA " rap'a! -
outlets proda soas break upon he minds Of e
thew will Extend the cultivation OF their lands and al
this the great clothing ndeedng country or
other words, shall feed and cotns the balance OF the
world Our immense resources are scarce KNOWN w are
piily developing themselves
state Of Trade.
The week has closed heavily business generally and the
markets begin 10 the appearance OF anguor neid nj
upon the sonhs In the leading articles Of trade
there has been tendency TO recede in prices dsrng the past
week The situation Of mercantile Affairs in Europe by the
last accounts such az again to render the Nrva Of the
Great Western matter of anxiety That steamer may he sx
p.cted on Sunday next.
CoTrsS-This market has been very nsnimate since
las. aotice-he England having been Of nature to
Ia Southern markets. under this influence
the adves from England to the 9Th ut had entirely chang
ed the face OF affairs Sales very limited and prices
apparent for the present. the part Of both buyers and
sellers in all the markets.
The following let of the stocks sales, prices and remarks
the leading ports for week previous the date arsd-
Siocss Sales, Prices, Rem.
New York, May 9s 6ss4a $40, l!ial7A fading
y. Orleans, May Is. ili,9so, 1000, .ai,t fading