The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-26

LIE MACKEREI. r FISHING BUSINESS he fishing
business, tor year or two past, has been greatly
depressed-never more so than at the present time.
The causes Of this depression are various; and
when we consider them together, it is rather
matter OF surprise that the depression is not still
greater. The causes which have operated upon
The mackerel portion of the business, are the srln-
gency OF the money market and the importations
from the British Provinces. The money market
has been In such state that many Of the dealers at
the South and West were obliged to contract their
business, and this has had great tendency to re-
duce the price. The large lnportations from the
British Provinces, where the fish can be procured
at much lower cost than by our fishermen, being
another cause OF depression, is too well known to
need any remarks from us at the present time. The
scarcity and high price of potatoes exeris much
greater influence upon the fish market than many
people may be aware Of Many families in the
country who have made fish and potatoes por-
ton of their principal articles of food, have been
obliged to find other articles TO subsist upon
They, being unable to obtain good potatoes with
out paying an enormous price for them, have been
obliged to give up their fish, for there are very few
persons who can relish fish without potatoes. If
persons will examine into this, they will find that
this cause has greatly affected the business.
The appearance Of the cholera in our country, and
the statement which has been generally circulated
a wonderful effect upon the fish market-especialy
that of fresh fish. The dealers state the sales of
fresh fish have greatly fallen of IN comparison with
last year. Fresh mackerel, which last year were
readily purchased at six and eight cents each, can
now hardlysbe disposed OF at two cents. company
In this town, who has been supplying the Boston
market with Holsters, and wholav always hereto
tore found ready sale Tor all they took, have
Gently been obliged to allow three thousand which
they had captured, 10 go back 10 the rocks from
whence they had been taken, because it was inn
possible to dispose OF them otherwise. These aud
other reasons have brought the fishing business to
It's present state We hope, notwithstanding the
present gloomy appearance u the business, that
before the fall much better aspect will be pre-.
sented in this, the main business of our iuhabi-
tants.-Gloueestv (Niass) Telegraph, June %.
MINERAL REpoRT-The Lake Superior Ne,cs. of
the Sth, contains the report of Col. ID. Il. McNair,
late Agent u. Mineral Lands up to September 3D.
1885 from which we give the following statistics:
Amount of and native copper raised in the
Lake Superior mineral district from of
mining subject to pay rent:
Amount reported to Sept 80,
1871. .1O.2i 1913 lbs
lslS. .......... 42O,t6l
- Il, 1892 ia lbs,
Rent has been paid on. .s,597 lO2 lbs.
Rent to be- paid on. i ,672 :"
Not cons'd of any value. Il 100000 Z"
The receipts Of the Office up to 3Oth
September, 1S4S amount to..... $10,72S OS
Expenses OF ohce &c. 1886 90
Net receipts Of office. .......... s6772 o8
mencipg at Carp river emptying into Lake Superior,
$50 miles above the Sault Ste Marie is an iron region
extending many miles south west, which surpasses, in
quantity and richness and in facilities for working any
hitherto discovered in the known world Fuel is sbun
daDt. and transportation to market, by the lakes,
may be made cheap One establishment Of furnaces are
In successful operation and the iron manufactured
superior Qualityn
The report recommends the sale of many of the pub.
lie reservations improvement OF harbors Supe-
Ontonogon river the settlement of the land claims at
Mscknsw and the Sault. ship canal round the Falls
OF St Mary and the opening Of roads from Green Bay
via Lance to the mouths Of tho Ontonogon and Eagle
rivers