The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-01-25

per cent advance; Lawrence 10 do Boot 49, Appleton
81 Hamilton 81; Lowell 4; Merrmac, 32!; Suffolk, IL;
Middlesex, 49, Mass Mills 81, dividend of; fremont, Iii
Dwight, al Cabot, q Palmer 2} Perkins 2; York, as;
Thorndke par Otis par Locks and Canals $500 for $780,
~ EWorsted g. Falls 1866 for $3.50 These quotations
show great improvement previous sales Several Of
the companies increasing their capital The mills
at Lowell, just incorporated. intend going into the
acture Of cotton twist for expectation. company has
just been formed in Boston with capital Of 81 900 600
who intend setting in motion two mills with 900 spin
dies EACH for the manufacture of Mouseline de LANES
similar to those imported from France There Is mill
in Massachusetts engaged in the manufacture Of
this article and has been able to declare good dividend
Railroad stocks have advanced rapidly Sales of
Worcester at o. advance; Western S3a These companies
variance the subject of rates for transit Of freight
and passengers Lowell firm at 81 Providence, II
Eastern, Al Maine 81 Auburn and Rochester advance.
The Franklin Bank of Baltimore prepared to re.
the ordinary business of banking in that city, and
grant the usual facilities commercial community
The present officers ofhe New York and Erie Railroad
Company in communication to the Legislature of this
State enclosing the report of meeting held the 18th inst
present the following resolution
Resolved That this Board have noticed the de-
bates in the House of Assembly in reference to the
of Mr. Baker, and that this Board wish distinctly under
Stood that the report of Mr. Baker and also that of Major
Brown documents which relate to matters that orgi
that the Board have not expressed opinion
relation to either of them and that they be held
or either OF them may contanand that the President Of
this Company be instructed to communicate copy of this
resolution the President Of the Senate and the Speaker
Of the House OF Assembly.
In justice the existing Board of Directors it is neces
sary give this publicity They lately elected
the management OF the intricate affairs of this road par
culary because they had connection with the abuses
complained of in the report made to the Legislature They
elected account of their known ability 10 extri.
cate the roadif such event possble-from the
condition its former managers placed by their
gance and indifference The report of Mr. Baksrsthough
nmanyparts defective from the OF Internationally
throw flood of light upon the acts Of those previously
entrusted with the expenditure Of large Of money,
md also expose the corruption and dishonesty pacsed
ivde the loaves and fishes among those whose duty
to protect the interests Of others.
Specie continues to flow into the southern ports from
the north, very rapidly. The receipts at Mobile, the
18th and 18th inst reached S25I o. of which 81 900
from Vera Cruz, and $4,000 from New York. per
the ship Edwina, bark Rose standsh and brig Mobile
Of this large amount received from this city only
we're banks and all the consigned priv
houses.
The receipts at New Orleans the 10th and 18th inst
ollows:-From NewYork $l25, 800; Nashville s.
$50; Pttsburg OO0 Total 242 Making the grand
the time last year This shows reaching
but little than half that of last year. but it gives
account of the actual quantity received that
port All the movements in specie at the south show a
larger amount in circulation among the mercantile classes
than before 1t goes up the western rivers in the
pockets and trunks of produce purchasers and into the
Interior in small sums In short time it accumulates in
he cities of the west and then finds its way down
river again to the point of departure.
During the close of canal navigation through the
northern sections Of the country those districts
favorably situated actively engaged in the
cep and shipment of produce. The southern outlets
Ohio pouring out the surplus products Of the interior
ofthat State, which find market at New Orleans, and
from thence distributed through the north eastern
cities by way of the Atlantic ocean -
Flour, 5ss p Por K" BIS. B.sfpl,. Lard ky.
E apor:d ldis sS lsis l TSS
The bulk ofthe exports went down the Ohio and Mis-
| sissippi rivers, will be seen by the
| MOVEMENTS PRODUCE AT NEw ORLEANS FROM SEPT
ls' R, ae Sas l. 1884, Er,o,t,d.
flour, bl........lsis;s 1879. .s'i:s g .:
srd l 81, ssc M lss9 , LII.
shipped
/ To New York. do 800 To Cuba, do $50
To Charleston do o To other ors'n ports do 20 ,5o
The accumulation Of capital In the two principal money
markets Of EuopeLondon and Parishes excited grea
leal Of attention in financial circles In Paris all descrp
tons of securities in demand. The Treasury has re-
iuced the interest bills II has in the bank 100 900 noe
which produce no interest French paper
France has not yet published Its annual statement but
doubt its metallic Is much larger than the
AMOUNT of its notes in circulation The deficits increase
L
employ their balances, and the Casse LATTE, which
mad never than 400 of promssory notes
ias now less than f27 100000 II clear that such
Of things cannot long exist without affecting the real
interests ofhe country Money must crsulste and be
poyed, The state exists in London the discount Il
town to two per cent and the Bank OF Engsnd Is grad
aslly bat constantly increasing the amount Of bullion in