The daily union., 1852-10-28
COM MMERCIAL.
Fron, our Commercial Correspondent.

New YoRK, Oct 20, 1852
The fall season approaches lis close most remark
able satisfaction expressed the of all dealers The
advance on most descriptions OF goods the active nd
elective demand which has resulted from high degree
Of prosperity that the great majority of the American peo
pie now ENJOY have enabled dealers sell their down
closer than they have been enabled do before
seasons In fact very many goods, which been
saeabie for many have this fall been closed
nnder the hammer at fair rates This is element
the abundance ofcapi'a this fall Thus. snpposng $780,
0CO TO be the usual of capital in
soods--domesc and imponed-in this city, and OF thar
amount $40 O0o 600 is in stock sold down closer
than usual this of 5 900 900 has instead OF
ing In dead stock awaiting exchange, become active
iia, seeking investment The of apal in prom
issory and book very large doubtless
is as yet active. The notes paid maturity and
the accounts colec ted Abundant been apita
speculation has diverted any considerable number from
production; the other hand it has only served TO
facilitate the availability of industrial products The
great advance which has taken place in the raw mate
rials, cotton hemp, WOOL and iron, than any
thing else the practical working Of the system Of proximale
freedom oftrade The great producing In the
enjoyment OF greater share OF what they produce because
capital gets diminished proportion where labor does
not aid it. and transportation obtains less through increased
competition. All producers ind therefore, that the guam
y which remains to them, either in the OF their
liar production or in that oil some other for which they have
exchanged it, and when such prints the Tribune and
such writers Carey continue the general nin
daily receipt Of high prices affords conclusive demon
satou oil the aacy such almost involve
the sanity OF those who make them. The competition for
the public lands in rivalry with the State and corporation
tracts coming the market was never sharper The
home market" for all descriptions OF produce has been
greatly increased by facilities of intercourse ming
of transit but il has been by private enterprise in
works of internal improvement, where government pro-
jectshad failed, mostly that these facilities have been
realized The numbers Of immigrants who continue to
arrive in the country spread rapidly the INTERIOR
and no longer now seek exclusively the distant lands
hut llpu.
ia the older States which have been from twenty thirty
price Of 81 Is per acre, taken up readily IS ST.
where commanded by railroads. II is doubt
that the agricultural prosperity has TO considerable
been stimulated by the large market which California
and Australia have opened the products for although
the number of in the old diminish
ed by the rapid settlement of the golden countries, the
ability more both at home and abroad has been
enhanced In the United Staes France. and England the
exports have increased in rapid ratio than the i'm
port of goods resulting in accumulation of the precious
mctaa fact which has enabled holders OF goods and pro-
dnce realize money for large stocks The workers the
gold have ceased produce anything bat goid
exchange whoh they have consumed larger quantity
products. BY this double process-vix; OF
ing produce aud increasing consumpton-hc relative
value OF all Industrial products gold has been
The result exactly the when. during tue paper
mania here every Produced paper money by the
OF his promisofy noie and purchased terew h
BILE arces the production OF which had been abandoned
for speculation. Tue exports of specie from New York,
and posites the mint OF Philadelphia The close
Of last week, this year and last We're as follow
Depositns. Exports.