The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-04-25
MONEY MARK EFT.
Wednesday, april 24-6 r NJ.

The Stock Market fairly broke down to-day. gene.
raj falling off experienced Long Island declined
per cent Canton, y Mohawk, 3 Harlem a Nor
witch, 8; Ohio 81, d Kentucky 7 Farmers Loan, .;
Indiana, ] Pennsylvania SIS H. The sales were quite
large. This fall partly to be attributed to the CON-
plexion OF the political intelligence from Washington
The Of four days canal navigation at Albany
as follows -
Amount of merchandise shipped at Albany 1922 1926 lbs
Do OF tolls received. .S23,ooa %
Number OF clearances. .ls3
No previous week exceeded this amount Of BUSH
The reverse of this appears at Rochester There the
tolls have fallen off
1s43-First three days. .$s253 So
l544 do do. ........ .4744 70 $500 Is
The great increase in tolls will be at each end OF the
line Boats passing through the intermediate places are
not included in these returns
We have received copy of the bill to provide for
warehousng certain goods, wnres and merchandise
The principal provisions Of the bill that goods sub
ec duty may be put into the public warehouse and
remain years without any charge except expenses
actually incurred Goods can be withdrawn payment
of the duties in cash. except all manufactures of cotton
and wool exclus vely both materials combined which
he warehoused for expectation only. ALI merchan
disc to be warehoused at the risk of the owner
The books for subscription to the stock Of the New
York and Erie Railroad open at No 81 Wall street
The position the Cotton Market Of this city, at this
moment any thing but pleasing to those holding large
stocks The decline already experienced and the prospect
of farther falling off must make bankrupt many of
those who have limited resources. The advances
made on cotton held here, close up to tire
before the late decline, that forced sales must
fail to realise the amount invested The new crop
of cotton is estimated at 100000 bales
The quantity already known l6995s bales against
20le757 at the time last year. The stock at
latest dates 2 bales against 392 942 at the
last year Estimating the receipts for the re-
mainder of the to be the same as last year the
yield of the crop will not fall far short of 100000
bales. Calculations made in England reaching this
amount which, in great measure, caused the decline in
prices.
The exclusive advce from Europe received by us, in
relation to the commercial treaty made between the
United States and the German Confederation, by Min
al, Don, one of the most important movements
that has been made fer many years MrWheaton has
pletely got the start Of Great Britain and placed the
United States in advance Of that great power The du
ties principal staple exported to countries forming
the German Confederation have been reduced large per
cent. The scale of duties agreed on. is very IA
vorable compared with the rates demanded by the other
nations of Europe on tobacco from this country. The
treaty places advalorem duty OF twenty per cent on
the manufactures of the Confederation imported into the
United States This is favorable point for the
acturers of those countries and il not detrimental to
any of our domestic interests. we have manuac-
lures similar to them. We the rates of duty
several articles of export.
TARIFF OF THE GERMAN COMMERCIAL LEAGUE FOR l8i3
Cheese. per c.n,ner o. $ sm' king, in rolls rolled
s;;f i f 81; f * S ss & q
Tabacco, leaves unman-
ufc'd aud seas do 50
These duties far they effect merchandise arriving
from the United States, have been very much reduced
On tobacco the reduction nearly fifty per cent The
present duty about five and half x dollars per cent
By the treaty the rate is fixed at four rix the cw
Our principal exports to Germany cotton, rice whale
and FISH oil and tobacco. Negotions have been pending
long time between Nrwheaton, the part of the United
and the Prussan Minister the part Of the Zove
rem The Confederation have long been satisfied that
ducon duteson tobacco could be to so ia
concenedbut the amount of reduction has
for long time depended upon what equivalent the Ined
States would be willing to give The existing tariff OF the
United States great complaint in Germany
count the restrictions places upon their manufactures
Measures of retaliation proposed The markets Of
heUneisates of too much importance to be trihed
with The tariff of lsia has been the first of the
present arrangement in bringing the question that has
been long unsettled to crisis They demand an equi
valent in reduction of duties their manufactures to
twenty per cent ad vaorem. The duty now On linen
manufactures is twenty-five per cent Toys, &c thirty
per cent. The reduction linen goods is only twenty
per cent and toys &c about thirtythree and third
per cent The reduction tobacco is about fifty per
This appears to be very equitable arrangement
greatly beneting the u s. Our exports of tobacco
are very large but the growth has lately been largely
extended that efforts and compromises must be made to
ensure more extensive consumption. The former duty
on these articles into Germany much more favorable
than that of of Europe. and the reduction
will be great incentive a extensive export than
we have carried on yet.