The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-04-21


to facilitate the business operations of the country very
materially The result Of the recent financial operation
of the Treasury Department plainly to be The
banks must Immediately adopt the most efficient con-
traction they have now to supply every dollar specie
the government wants, without being benefited any
in return they have their deposits to pay specie
so far they may DO drawn for to meet
the demands Of the government; and In tho event
Of large addition to forces in the field the new sup
ply Of funds in the hands Of the will run out
much more rapidly than anticipated The movements
Of the government certainly indicate a more vigorous
prosecution Of the than existed previous to the cap
tulaon Of Vera Cruz This does look like peace
but it looks great doa like increasing the expenditures
Should peace be proclaimed less than sixty
days, the outlay on account Of the would be very
heavy for months and months after and 1t is question
If the cost Of the last part Of the war would not be moro
than double that for the same period In the early part
There many spectators making fortunes out of
the government every month the war continues that II
very popular movement with that and they are
not in hurry to abandon It, AS soon as there exists
worry fair probability Of peace these spectators 90 in
for the last dip into Uncle Sans pocket and they will
make big haul II would be safe to calculate upon nm
expenditure Of at least ten millions of dollars on account
OF tho war after peace Is declared independent any
bonus to be paid to tho government of Mexico
Reports unavorabs to the credit of tho Seneca county
Bank, have gained currency. The officers and stock
holders affirm that there not the shadow of cause
for dstrust ON tho part Of the community and that all
tho difficulty has been created by personal hostility to
the President. meeting held ut the Waterloo
Hotel the 18th inst where u statement of the affairs
and condition Of the bank accompanied by the adavts
Of the President and Cashier presented showing
most concusvey Its entire solvcncy at tho present time
Business in Rochester have the fullest confidence
in tho institution
1t is stated that the amount of produce in store at
Chicago the 5th inst II 6l9 bushels Of wheat:
1905 bbls Of four 1881 bushels Of corn and about
5000 bbs of beef and pork At Cleveland the 3oth
Of March, there 100000 bushels Of wheat; 81 900
bbs four 1000 bushels Of corn; 1890 bbs pork and
1880 bbls. beef These supplies on hand at the
early dates given, and from this some dea
of the immense stocks which accumulate at these
and other points tho Western Lakes upon the 70
sumption Of navigation
From the peculiarly favorable location of Galena sit
uaed is in the center of the mining region it is be-
coming, and must eventually be- tho first point on the
Mississippi above st. Louis, for commerce. shipping
trade, &C., &C. The value Of articles shipped far
exceeds that from any other point the Mississippi be-
tween st. Louis and the head Of navigation
SHIPMENTS OF LEAD PROM UPPER MISSISSIPPI
IN io4I pigs 1884,
IN !oaI. 473699
IN ieaS. 684l3l
III iott. ...... 63460l
~ ,ofo' 7766OO
=" Aofo' 072420
The greatest amount shipped in any year was in
s45 being 54 lbs which, at the average value in
| New York would be worth $2,245l94
SHIPMENTS OF COPPER FROM UPPER MISSISSIPPI.
In isss Ids go Ss' 0o0
III Aof4. 60,UUO
In ls45 amount not known, but has probably largely
ncreased the annual export copper is in value about
| $4,000.
| Lumber trade per year 100000
Amount and value Of hides shipped from Galena alone
| is 1000; value $4,000.
Amount of wheat shipped from Gasna in ls45 IL, 900
bushels.
Amount Of wheat shipped from above the Upper Ra.
pids, in 1874, 10000 bushels
Amount of -four sold in Gaena alone, in lsI5 10000
| barrels
There arc in ALL at this time 40 furnaces in Davies
and Iowa countless turning out average pigs per
day EACH aggregate of pigs Of bs-making
| 2lO, 100 lbs oflead per day
In ls45 there SOs steamer arrivals from st. Louis
and points beyond at average Of It's tons EACH ma
| king shipping Of 200 tons.
In 1916, the steamer arrivals were 333 (this being
season of remarkably low water throughout) being n
| shipping amounting to 5s,275 tons
Lead on hand to be shipped at the opening Of navga
| tion, estimated ut 1880 pigs
The condition Of the Merchants and Manufacturers
| Bank of Pttsburg on the 4th Of November ls45 and
April LIST, l847, annexed -
Mr. rrs, NJ. n