Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1852-12-23
Signs of the Times.

Under this head we copy the following
from the "New York Bank Note and Com
mercial Reporter" of the 10th. The Edi-
tor is one of the best informed men in The
country, snd we trust his present predc-
tions may prove as correct as former ones
"Again, as on several former occasions,
we say 60 in for rise. Stocks, real es-
tate, merchandise, produce, and even labor
will be higher next simmer and autumn
than ever. Last spring we said, "The old
fogy would croak and grow poor, while the
confident bold operator, would make for
tune in one year." and now we say, 1.-THE
coming will excel the past year." Expan-
sion has just began-an expansion based
on the precious metals, and paper curren-
cy secured by public stocks-an expansion
more solid and enduring than we ever saw
before-an expansion of real wealth con-
trolled by more perfect financial system
than this country ever enjoyed before-our
Banking institutions all resting on their own
merits and means-our own government
resting on its own specie receipts and dis
bursements. An excess of imports can be
Of but ninety days duration when the pur-
chase money and the duties are both 10 be
paid in specie. In the summer of 1851,
our importers went too fast, but the specie
movements of September and October
following, corrected the evil and so it will
be under our present financial system at any
future time, and he who croaks about rep
etition Of the revulsion of 1887 and 1888
will croak himself poor. A foolish railroad
will burst up-an extravagant and unwise
merchant will burst up few reckless
spectators will burst up--bogus banks
will burst up. All these will be isolated
cases, nowise affecting the onward tenden-
cy of prices.
All the agricultural, commercial, manurac-
turing, mineral and financial pursuits and
resources of our whole country are pros
porous, and that prosperity is but in its
youth. We have 3--4-5years of growth
and strength TO come, before any serious
draw back.
Now, old crOaker, send in your ideas of
the future, and our readers shall see it.
That's fair.
The South and West have both had good
years, and both sections are unusually nros-
porous. We learn from city merchants
that their collecting agents report "good
crops, good prices and plenty of money!" as
being the state of things at the west, and
that they have good success in collecting de-
mands. We have never known q time
when our city merchants were more easy in
their money affairs than at present, and there
has not been failure in long time. The
Banks discount very freely, and every pos
sible accommodation is extended to custom
ers. In the street there is a scarcity of
prime paper, and the rates are low.
FIRE.-The St. Charles Hotel, at St.
Charles Mo-, was burnt on the the 10th
inst. Loss about $4,000.
ST. LOUIS SHERIFFALTY.-The commits
sioners appointed to count ballots given for
Sheriff of St. Louis at the last election, re-
port that Mr.. Belt, Wing, is elected by
three votes. Mr.. Winner, the present in
cumbent, was returned by 10 majority, and
has been officiating since August.
a5-Pork has ruled higher this season
than for several years. The demand is
still good in 81. Louis. Cincinnati. and nther