New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-02-02
Ing department II rcfsrcscs 20 this Branch the ercs
~ % Aessrs Tonee currsc q Co. of,avorpccs. co
.sne the spliouins,

SIM ne ol'o~ing
or no ocesson have ~ bern sse 70 repo~ f,venhlI
tor she yesr pss, Of the sale OF iris potsoth ct
lie amount Of tunnAse sod AMI The pces tsAi s-sa
oetAned Prces Of Colonial shIPs hAsas s<vanced gly
l. pxf crnI, WIN cortsuag teuesucy np~lTd wnie
stocks have been renced q asans - IN 1852 and -
N 1851 VI 'a9nt any inrnsSsis saPphe- being eSpec.t
pool within the year s0t so 40 eraSl - ole
The number o. sa's sunched ard Of tes
% csuTu.ed a sS0 in Is5L Toe nrsaArr Of see
brt ard the course Of Construction here snoaat 70 "a
vs. : he roel remarkable feature oar traie /. te ven
rcras q svur they growing into AID which sp
OcrpynS the builders both herr, N the CLYDE New Cas<s
and s.Ssu hsre, 70 gn ,reSedented extent
~ regards railrdEs. Nessrs. Woods S,abhs wlise
The returns caused the mos, s2ngains expectations .sA
FAY outssp s previous ealeulaous Inc returns r -
week show an increased mileage 1851 Of So mies
$ per cent AID 81 increased traffic OF tii'N 'fa ~
Lastly, Messrs pufsy & Co.'S Circular (Mancheste>
records the transactions with lnds and Chius for the
month Of December ls52 extensive. snd the ssuaA-
ance OF money alluded 20 having favored anierssh
ings 20 distant markets and having enabled those inter
esaed u hem to MAKE up for losses sustained IN the ear
y parton the year guods and produce "Nsroas ncw
and snd nlrin and other schemes stfrscsspccalassrs
and capitalists jus, now"
Noe sperity OF n, manufacturing districts in gen
ers and particular Of the cotton dit,ictS be- bs1
shown from the rsportSof he npec,ors OF fae.orN -
re.repce 10 the cotton manufacture Messrs John Wue
ley & Son. of Liverpool have the following:
Viewed test Of the general prosperity OF tAs corr
try the progress OF the co0nsa-, during the yor
6lCrCs results me
has many striking iesiu oat none more prss
uent ard noteworthy than the extreme tshl VITA sseA
unprocedenty arge crop ssupssrd Of S9o OF bAeA
the Produce OF the United States OF AascA has ha DIS
posed Of Pm partitions making va maay do
trcs for an OF manufacturing powers ara -
NAV expect larger aggregate quantity Of cotton 10 De
worked up duns the approaching year than any prsviess
one"
Most other branches of industry in the pos
ton We refer" say Messrs. McNsir. GrecDao~ a
Irving (of Manchester TO Glasgow NJ connected WI
its cotton aud ron manufacture TO Iluidershed. eed%
Halifax Bradford, Nottingham Leicester. Sheffield, Bs
various productons-sll seem in high state OF pre-
perity.'
The only exceptions to the general prosperity tho
sk trade ana the wool combers ia Norkshire and tho
general aspect of trade may be resumed in the words u
= Manchester circular "OUR APPRSsE>sIcss Axs
THOSE ovEssPEcULArIoN. rather than Of nsclvsU
ard want Of means"
In the midst OF this universal prosperity step reeu
Is taken by the Bank OF England has raised gsncr<
CONSERVATION among the commercial world Ga do
pa o. April, lsJ2 the Bank OF England hal lowered
the rate OF discount 10 per cent On the morainy
January D. 1883 notice gwen that Tie discoSut
would he raised from 10 2le per cent an increase n
the charges of - per cent Attempts have been made
10 explan this increase by he large liabilities conirack1
lately by extensive railway contractors Whose
bills aTp known 10 bo sioat in heavy amouots Ia oho
quarters il was believed for instance by TIE LosIoa
Sua that the Bank of Ing and intended in Their turA
10 take advantage of the existing prosperity by increos
ing discounts On the whole, the sct has been repro
bafed a. "uncalled for" In order appreciate t
true light suboin the following statements from Ts
Economist: