The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-02-26


portan Improvement In nearly al he the abov.
list and we believe the improvement Is permanent
Is the general impression in financial circles that
tner advance will be realized in ali State securs
a. soon as our affairs with Mexico have assumed more
settled state and particularly in the of tbs treaty
now in the pc session of the government being ratified
by the Senate We anxiousy looking for more favor
able accounts from Europe financial and commercial
nature as much depends upon continuance OF the pre-
sent abundance Of money the other side and On i'm
provement in prices for principal staple exports
Should such state of things be realized MAJ lcok
for improvement in all branches Of business in this
country and advance in all kinds Of cks would be
realized The causes which have long weighed upon
markets and pressed prices down the lowest point
are in fair way of being speedily removed and We see
nothing in the perspective calculated prevent every
important interest from reaching the most unlimited
prosperity.
We full Of all the elements Of wealth and wa have
an abundance ofevsrything necessary secuse It, Our
produce will be wanted In Europe soon as they are
able on the other side to psy for IT. the material
the cotton manufactures of Great Britain will wanted
in great quantities. before they can commence full
work; our State stocks have bsen returned to rs,
and have bought and paid for them In gold
and silver; they in demand again ia Europe,
and large orders have already been fulfilled German
account. The Dutch the shrewdest Anancsrs In
the old world and they have shown tn cir wisdom In in
yestng in our State securities The principal purchases
thus far foreign account have been confined Penn
syvana ves and the prices paid have been handsome
advance those realized upon the sales here during
the panic when holders the other eide forced
sci. at the rates then current The recent SALES Of Stale
stocks to European capitalists but beginning Ct tbs
movement, and the amount already sold 10 but tribe
of that which will be taken in the Of the next
three years The views Of foreign capitalists have
become completely revoutonxed In regard to State
stocks, and have no doubt they will be more sought
after for investment than any government securities In
the world They pay better dividends, and are fact
safer investments than those Of any European govern
ment and what Is and perhaps BETTER they will be
paid in full at maturity which cannot bs said with any
degree Of truth Of the loans Of any other nation In ore
alton We sllude, Of course to tho regular dividend
paying stocks Of the States Of the general govern
ment The change which has taken place in the opin-
ions OF foreign capitalists relative to the value and safety
OF Investments 10 American securities s the result Of
variety Of causes
When the harvest In Great Britain proved deficient,
and the attention Of Europe generally directed to
the most Important sources Of supply considerable
anxiety was experienced relative to the ability Of the
nited States to meet the demand likely to arise This
produced great deal Of inquiry regarding agricul
tursl resources aad more Information was gathered Of
our position then would have been obtained under obr
circumstances In several years When 1t va, stated
that could alone supply tho deficiency In the harves
of the United Kingdom, ono on the other aide be-
ievod It but when We filled their markets With proyi
'ons aud bre4dstuns, tnsre no longer any doubt
The facts which then trsnsprsd, showing the immense