The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-03-11

PRICES OF STo,

It will be by the above that the quotations for
State Stocks very regular, while the fancy descrp-
tons uctuate as much The late rapid improve
men in Harlem has been caused by combination of
vera large brokers to get up corner 1t now on the
decline The highest point reached was 81, which
per higher than has been realised for long time
Loan and Canton Company have been operated
in lately great extent. The present quotations
much above those ruling during the height OF the specu
laton about month since. They were not favorite
fances then they in the hands of few who
able to control the market and regulate prices Long
Island is sustained in most unaccountable The
stock in the hands of few individuals who cannot sell
except loss and are in consequence compelled to
hold.
The importaons into this country since jan lst 1874,
have been very heavy The receptsi at every Custom
the Union show be the fact The receipts
at this port have than quadruped and those at Bos
ton and Philadelphia have than doubled. The reve
from Customs at this port since January LIST, have
been follows:
Total receipts for January. ..... 81 SO 300
Do do for February. 2l6S 600
DO from LIST to 10th March, partly estimated 66s ooo
Total receipt from JAM LIST to March TO- 1874 s47ooaos
averaging than two million Of dollars month since
the year commenced The imports that have produced
this great revenue principally from Great Britain
and France and consisted principally ofthe manufactures
of these countries The average of the present tariff
little thrty per cent which makes the amount
of imports necessary pay the above sum in duties,
about thirteen million five hundred thousand dollars The
imports at Boston and Philadelphia have increased in like
proportion making the amount received in little over two
months about one-thrd of the total importaons into the
country for Is4s One OF largest packet ships will
bring cargo worth 100000, the duties which will
amount to 100000 The from customs for the
the year ending July ls 1874 estimated by the Sc
crsarv of the Treasury to be 600 For the quar-
ter ending April ist is44, S46o0000.
This estimate has been exceeded by the receipts this
mort alone and the receipts all the ports will before the
quarter ends nearly double the estimate This result
will be very favorable for the government and hope
it will be for the country at large. The immense i'm
ports under the existing high average duty has dssp
pointed many political quacks Of the age, who prophecied
the country would be totally ruined by tariff single
fraction twenty per cent While the internal state
of the country remain unaltered and the elements OF
prosperity continue they exist the demand for
foreign manufactures will gradually increase, and the i'm
porasions steady and governed by the wants for
/ sumption Under any scale Of duties necessities
must be satisfied Our wants increase with wealth.
or necessities with number BY gradual advance
ment Of these causes and bya uniformity in the value OF
the currency we safely import largely, and export in
the proportion.
bill authorsng banking State Stock securities has
passed the Ohio House OF Representatives by vote OF So
to 81 The Senate will doubtless this BILL sjo
y are against that system bill for the establishment
OF the Bank Of McCohnesvile also passed the House
The Legislature Of Maryland have under consideration
The bill providing for the sale Of the States interest in the
public works After considerable debate the subject was