The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-01

In yearly every article Of foregn importation there
las been increase in ls47, compared with the pre-
vious two years. and tho receipts Of domestic articles
have generally been larger than usual 1t will be OBJ
served that the importation of rou in ls47 exceeded
the aggregate Of the previous two years. The above
table merely includes few Of the staple articles of Inn
poraon and does not enable to form very correct
idea Of the foreign import trade Of the port Foreign
manufactures Of cotton linen, wool and worsted,
too detail and are, therefore, without
returns showing the fluctuations in that part Of
foreign trade During the past year the portatiou Of
sthes, u, .nuscures unusually large, and moss Of
the increased value Of the aggregate importation ls47
compared with 1916 was In foreign manufactures Of
linen, cotton, silk WOOL worsted 50 far, this year
sis the imports of there goods have been large, and
auction houses filled with them AS the
advances the surplus stocks will be forced of under the
hammer and the advances made by houses In this city
to the manufacturers will be barely saved Notwitb
standing the large imports in the early part Of year,
compared with the year previous, this year, thus far,
they have exec sded any previous snce the great
speculative year. 1886 1t s true that the whole Of the
increase Is not ia dry GOODS but whatever 1t M must be
paid for at some price, and at present. the prospect Of
paying for them in exports indeed very poor We
have however, not much fear Of this state of things
running to runous extent It generally regulates
itself before breaches dangerous point.
There is orc favorable feature connected with the
import trade Of this country this year, which s the
duced prices of s the most important articles received
Prices for every description Of iron manufacture rule
from twenty 20 thirty per cent below those current
year since and every variety of manufactured goods
has realized similar depreciation There is therefore
some consolation in the fact that If getting su
ted with foreign goods Of all kiuds get for the
money than ever before ID is possible that large I'm
poreton OF thu most staple articles Of foreign nsnufac
ture-- particularly those OF ron-has been oTderei at
present low rroes in the absence Of demand In
anticipation Of a great riss sooa as the financial
affairs Of the Uaitsd King Ion of Great Britain and Of
Europe generally, become established upon souuder
and better biss The abundance OF money In Eng
land seeking employment, aud the reduced rates of
interest ruling out Of the bank must have very
favorable nausncs upon the manufacturing interests of
Great Britain, in bringing about an improvement In
prices to some extent Our own iron manufacturers
italy in of the low state Of prices the
other de several suspensions have already taken place
and the whole bnsiness Is In very scky lengushpg
state meeting OF the iron masters of enn.ylvania
has be. called and will be held he purpos, of
acy ting such 80 the exgsr of the moment
require, and TO petition the government for such
legislation relative to the tariff will restore the bust
ness again to healthy condition. The largest failures
which have taken place since the depression In the
money markets. have been among the iron manufsc-
tuters and immediate prospect Of any relief
our markets are rapidly filing up with foreign manu-
curs Of this article and In the event of improve