The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-06-05
l.756. I42 2,6O7, 1893
Export from Nete York.
5,8i,3S0

The exports OF produce are ssive the
ports from port double those of ordinary and
which would in face OF diminishing imports, seem
be OF the commercial debts due abroad There
have been considerable losses sustained doubt by
ulators in These mostly those who put them
selves in the power Liverpool houses by consignng
advances. AT the favorable moment the produce was
and reclamations have come back in some
cases. of SIG per BALE involving bankruptcy But these
are important Some few real-estate spectators have
also sopped-among Others of those who had great
SHARE as high officer, in driving New York State TO the
verge Of insolvency 1872 This builders and
en- very large One of the latter, who has
S22 him. offered take 90 cents the dollar, but
get nothing At the meeting ofcIedors at the auc
nhouse of Austen Spicer, the Liabilities were stated al
500 Co., which there 8l49OO OF assets ex.
elusive Of S94 900, applicable 10 preferred debt oil thai
amount MIR. Naister, connected with this house, ana
of four mills in Western New York. proposes to his
creditors to take his valuation the rate OF
81 rs on the $780, and pay him S3i 80 cash That is to
say suppose all his property valued OoO and the
debts $500 0OCthey take The property release him from all
claims and give him $3.50 600 cash This is certainly very
way specializing, compel your creditors
to civ. you premium for your dead stock. These failures
do any degree grow out OF general unsoundness
n business affairs but in some cases. old sores and
others desperate operations OF
lose" nature.
The bank expansion continues to and new fuel
has been added s in the large dividends which
the old institutions still maintain.
the banks have OF late been large, and this
circ has been the main of the rapid in
The comparative profits of the Boston, New York.
and Philadep hia institutions for 1850 follows
prof of th1 Backs of Boon Neo York, and
PHILADELPHIA ~ 1890
No. banks Capital. Dividends Pr CT Circulation
New York. 26 SA957,s9o 81 22o7s2 905 SOS 1889
Boston, % 20.7bl.0O I,oS1m 73o 6ZiS4
Philadelphia 10 l0,670,6O0 ll20,sb ~ 60 4,6U2,57l
From these figures, which Official il that the
banks maintain the largest proportionate cir
cuation and consequences, support high range OF
profits The dividends of the Boston banks show the low
e.he average arising probably from the greater number
Of banks doing the same amount OF BUSINESS among a
greater number the petition is sharper In Phladel
pha the ons, being exposed to the direct nfu
ences Of the foreign trade upon exchanges enabled to
sustain larger credit circulation in proportion to capital
thar either the New York Boston institutions In New
York the institutions compete sharply with tho old
and a, the high premiums which the stock of the latter
stood in the year gradually subside the nstitu
tons rise. thus cquazing the profits
The ports produce promise well for the coming
wear and in form guide to the prices in England
have compiled weekly table, from official sources. Of the
into Britain and the average prices for three
years, $ follows
Imports and prices Of cheat in Ensiand.
Ipnort Aycrnr cprice ann