The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-01
COMMERCIAL AFFAIRS.


s.N Friday, June 800 r. M.
There is nothing new in Wall street. One or two Of
the fancies fell of fraction at the first board but the
sales of the stocks generally at prices current
yesterday. 1t is very unusual at this Of
the year. for such inactivity in the market have
noticed within the past week or two. The money
ket not easy generally anticipated previous
to the loan being taken The sringency is caused par
TALLY, no doubt, by the demand for the payment of
call loans made previous to the opening of the bids for
the sixteen millions of dollars required by the govern
ment. These loans called in for the purpose
of paying up the first instament to the government;
and as that instalment is payable in Specie 1t tends
In measure, to tighten the money market As
soon the government distributes this specie in max
ing its expenditures, the market will be relieved
Another for the tghtness this partc juno
ture is the large amount of money in the hands of the
government and incorporated companies in all parts of
the country for the payment of interest and
dividends the 1st July. This will soon be let out
In the Of the next sixty ninety days. there
will be money enough in the market for all ordinary
purposes, and have doubt the ate of interest
will rule several per cent below the legal standard
The Comptroller has given notice that interest
ON the city debt payable the LIST of August win be
paid on that day by the city chamberlain, Shepherd
Knapp, Esq, at the Mechanics Bank.
The semiannual interest of two per cent on the In
diana State Elves will be paid the LIST of July by the
State agent, in Wall street
The Bank of Metropolis, Washington has declared
a sem-annual dividend Of thres-a per cent
payable July LIST.
The Commercial Bank Albany, has declared dvi-
dend Of four per cent for the last six months payable
LIST of July.
The annual report of the Commissioner of Patents
presents some very Interesting tables relative to the
Of the United States the quantity Of grain
&C., in each State and the aggregate of the
agricultural products Of the country The returns are
made from the best data and therefore to be
lied The difficulty of obtaining full REPORTS from
every section Of the Union SUCH that due allowances
should be made for any detect, particularly the
returns made rather below than above the actual
productions Of the country The report from the pa
tent office for 1847 is much elaborate than those
of previous years. comprehensive in the subjects
treated and altogether work of vast Importance
the agricultural and commercial classes. Whatever
imperfections may have appeared in previous re-
ports and may exist in that for 1847 they trng
when take into consideration the immense amount
of correspondence, compilation, &C. necessary to put
into shape such immense amount of nformation
derived from such multiplicity of In this
department of statistics far in advance of any
other nation, and the bureau from which this report
emanates, Is admirably organized, that future
The United States such immense extent of
territory, enjoying such variety Of climates such
tremes Of temperature such fertility of SOIL that
productions must exceed those of any other country
the face of the earth In the event of unfavora
BILE being experienced in section, and the
of that section destroyed injured the
the country have escaped and the aggregate pro-
duction undminished. 1t is hardly possible in the
of the laws of nature that the crops of the
country should be similarly affected for good for
evil and we are therefore, of an abundance. In
Europe the is just the reverse particularly in
Greet p-t~iu, where sho hervo-to likely to DC
fcient from the cause where the crops from
end Of the kingdom to the other in danger
jury from the storm, the same drought, or the
disease On the continent similar disasters sweep
from end to the ether destroying the growing grain
and endangering the harvests of the husA ndmen IT
Is only in this country where dependence be placed
upon abundant CROP and the nations othe old world
have supply of breadstus this side of the Atlantic
which be made available at any time Whatever de-
ciency may in the harvests abroad there is
danger of famine starvation, always ready
to feed them Every degree Of latitude and longitude
added to limits not only increases ability to
produce, but gives better guaranty of an album
! dance in the face of unfavorabe
! I'VE annex tables showing the population and pro-
tue1s ~ each State in the Union in the year 1917.
poyrLAr,oA- AND PRonucrs OF THE UNITED STATES