The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-02-01

A comparison of prices current al the close of tho
market yesterday with those ruling at tho close OF the
market the Saturday previous exhibits advance in
Ohio 6s of per cent? Penn. S. per cent Illinois 8;
Indiana o. Reading Bonds, 3's Reading RR, 6,.i Nor
wi,h and Worcester AZ; Erie RR, old D. new, az;
Harlem III Long Island, 6's; Mohawk, o. Formers Loan
on; Canton, 81 Morris Canal 2i4 yicksburg, -; US.
Bank, z; East Boston, 2; North American Trust, Ia
1t undoubtedly appears to many highly probable that
the movement going in the principal stocks, is the 10
suit of operations in the street, but such Is not
the The improvement! is too general for That's il it
had been confined to two Of the leading fances
there would have been good grounds for such impres
sion but every stock in tho list has been less al
fected, and the be traced 10 sound and leg
mate improvement Of all the elements Of prosperity 10
very great and relief in the money markets. to
the establishment of the financial policy OF the govern
men upon basis calculated to increase the volume ofhe
currency and not only add largely to the circulating
medium, but to augment its value and increa'e the IA
cies of commerce, and to q very great influx Of
SPECIE in payment for large expectation OF bread
sus These things tend to strengthen our prosperity,
and guaranty a continuance of the favorable state Of
exchanges betwe this country and Great Brite n,
which insures an importation of the precious metals to
an extent which dare not anticipate. Under this
ALTERING state of things, nothing to prevent quo
taion for stocks reaching points, they have far the past
ternal improvement must be much benefited by the i'm
p.tus high prices and unlimited demand gives to the
transportation Of principal products from the inte
rior to the seaport markets and the money markets
have become 80 much improved by the immense add
ton supply of specie, thet the unfinished works
particularly railroads. will find plenty Of capital offering
for investment to secure their completion
There 10 a very favorable feature connected with
foreign trade calculated to give greater permanently to
prosperity than otherwise would be realized. We
aude to the limited importation of foreign goods for the
four months ending December 3lst ls4S and lsi6 The
annexed statement exhibits the number of packages
ported to the United States from Liverpool for tho
months of September, october, November, and Decem.
ber ls45 and 1916.
PACKAGES OF DRY Goops EXPORTED TIE UNITED
ys sI.I Bouss Phita Bsi. South Total
49, s ssss sss g, ISL isssl
This shows falling off Of $50 packages in tho last
four months of ls48 compared with the corresponding
period in ls45 very large portion of tho expectation
OF dry goods from Liverpool to this country for our
spring trade is usually made before the LIST OF January
and may judge by the above table Of the probable
extent Of importation this season from Great Britain
the conclusion should to would be that the
aggregate would be rather under than that Of las
year. 1t must be recollocted that the quantity Of dry
goods on board packet ships from Liverpool now
DUE in tho which cleared from that port previous
to the LIST instant, is included in the above table.
II does not therefore, appear many have anticipated
that importation Of foreign manufactures is going
be unusually large and probability Of turning
the tide Of specie setting strongly to shores
The high price Of food in Great Britain and the he
price of cotton all the world will not only check
the consumption OF the material in the United King
DOM but will enhance the cost of all the fIbrics the ma
nuacuers turn out The increase in prices for broad
stuns and cotton, in England is equal to an addition
Of moro than 80 per cert in the price OF Manufactured
goods which will tn an Offset the advantages the ma
utacturers Of Great Britain would otherwise beaverton
the reduction in tariff What effect will TINS s'a''
OF things have upon MIR. Walkers estimate o. revenue
from customs II Is impression that bis tnir'y NIL
lions will not be realized. What the government may
lose under these circumstances the country a. arg'
will gaia The more limited our impor'auohS' "e
greater the amour, Of specie we shall receive as on"
expectation will only he limited by the f,cii'e OF com
mand for transporting our products to the markets
Europs Our agricultural staples not only command
exceedingly high prices, but every barrel o' lou
ana bushel Of grain can fparc. will be wanted be
,..n this and harvest, TO sustain the starving Popu
ls,ion Of the old world