The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-03-02

Showing an increase Of nearly fifty per cent the
same period last year.
The Lawrence Manufacturing Company, Of Lowell,
Mass have declared dividend of eight per cent
capital Of 81. 5000.
resolution has been introduced into the Legislature
of Pennsy relative to the present tariff law 1t pro-
poses that the Senators in Congress- from that State be
sructed to sustain the tariff bill it stands particu
ary far the interests of Pennsyl vania
| cerncd" The resolution was agreed to. similar reso-
luton has been broug before the Senate Of this State
every has its peculiar interests to protect and
quires exclusive privileges for its own citizens. The
coal and iron interests in Pennsylvania very great
The present tariff is favorable to Them and their political
influence thrown against any proposed alteration.
The bill authorisng the city of Cincinnati to subscribe
900 to the stock Of the Little Miami Railroad Com
pany, in majority Of the voters Of the city shall
in favor of such subscription has passed the Se
nate of the State To complete this road to Xena, the
sum of $40 required Gentlemen in Greene county
and others along the ne stand pledged to raise $4,000
in case Cincinnati will subscribe the 100000 and this
matter settled the whole line will probably be completed
by July, ls45
Foreign capitalists have lately been investing large
amounts in United States Five per cent stock.
The real estate speculaons appear to have suddenly
died away. Some very valuable and productive pro-
pery consisting of houses in the upper part of the city
was offered to-day the Merchants Exchange to very
full company and withdrawn in consequence Of the
bids reaching much than half the estimated
value This shows great change in the views Of opera
tors Speculation has nearly ceased in all things Cotton
quietly but rapidly giving way for the excitement has
subsidized and prices appear to be settling down to very
moderate level Stocks are very heavy quotations show
falling off from day to day, and the brokers have very
little confidence in advance for time to
T,o ho,J
The city is fast filing up with country merchants, and
there is heavy demand for the principal articles Of trade
The sudden decline in all speculative has been
produced by variety of The unsettled and unde
cded state Of several political movements has avery una
vorabe influence the advancement Of foreign trade and
financial affairs The agitation Of the Oregon and Texas
questions and the recent events that have transpred in
connection with them, will continue to unsette
cal affairs until they brought to focus The deaths
of Secretaries Upshur and Gimer will reard the settle
mcnt Of these vital questions. Secretary Upshur ac
lively engaged in negotiations relating to the annexation
| of Texas ably seconded by Gov. Gmer The loss OF
these valuable members of the Cabinet the most inAuen
ia Of the whole will doubtless prevent further progress
for time. Their will he appointed with
eye their opinions these subjects Since the
rival Of the special Minister from England for the settle
Of the Oregon question: there has been cessation
in financial movements Those deeply interested in bust
affairs, that depend upon quiet times for success
have anxiousy watched the results Of tho various matters
endangering their interests Several fnanciers Of Wall
street have lately visited Washington to learn the posi-
ton parties advocating these measures and discover
possible the likely to be adopted These things
have had tendency to check those that going
ahead too fast They have stopped to survey the ground
before them prior to becoming deeper involved The do.
nestle trade Of the country not effected by these extcr
nal is foreign trade and those staple pro-
auctions OF the country that look abroad for markets that
are injured by these political movements
The following extract from letter Dated Manchester,
Fob I'd, gives in few words the precise feeling that ex.
lists in Great Britain The great abundance of money is
incentive to many the field speculstors and
everything is taken hold Of TO get up excitements--
"There being now only steamer a month We feel
the want Of later arrivals from America The spscus-
in cotton particularly anxious to hear that thu.
predicted shortness In the crop has proved true
here in the above article r. begnn, 10 curssl
business and to excite considerable comant; a. IL Is IT.
med there good ground for tbs advance But cot
ia only Of the things 10 ch the eyss Of ecu
lators directed the present Tine railroads canals
WOOL building materials, everything the advance;
and am not that the spirit OF speculation more
rife in 1896 Every day somebody pointed out on
change, who has just made us 100000 by the recent se
In railway shares The average Of advance upon all the