The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-01-27

Total 2months $50 325 ci s3T7l 35 4763 y2 60 S
Tho increase in the expectation Of plain cAooes in
1853 1852 amounted to s1 yards There must
have been great fluctuations in the shipments to differ
emit points TO have produced such result TO the United
States the expectations OF plain oacoss nearly
hundred per cent greater in 1853 than In 1852 To Cali
fornia and Australia the exports suAy large
showing great per sent increase; while to France Tur
hey, South America, and China there very great
decrease In printed ard dyed caooes the aggregate
increase greater, amounting 10 1874 17s 074 equal to
about thirty per cent To the United States the increase
equal TO half OF the aggregate to all countries
To Australia the increase than three hundred
per cent.
Tie xed review OF the course Of financial affairs
trade and prices, in the manufacturing districts Of
Great Britain during the year 1851 extract from the
circular of Du Fay Co., Of Manchester, an authority
Of high character in commercial eiro!ss:-
The year the point OF cloiing WAS began
win sAnguIe expectations BY most commercial msn
The steady progress of trade iu 1882 unparalleled large
npo,stions OF the precious metals, full employment. OF
industry vita low prices Of articles Of food seemed
deed to justify the hope Of most prosperous asd happy
year But II sometimes found to be the case what
was expected nth much confidence the beginning
OF the yeG-becauss-i it sppssred . natural OF
thpss-was doomed to disappointment in the end. We
began the In peace and plenty aud close in fear Of
war, with strikes among the working classes, tight
money market and high prices for provisions However
community IN ger eial has been proved beyond INTRO
versy. The mercantile body has braved diff suites
expected IS they severe without the OF
one single Is ure Of mportaucs.
The condition Of our manufacturers, ~ well ~ other
Glasses had been greatly improved BY the satisfactory
state OF trade the earlier months the YEAR, and the
Of throughout 1853 shows THAT business
had been carried cautiously, and production,
when the mills we're all At work, was BY no means ex
cesye the oats a~d the lock have takeQ
place. the supply has in instances been ioand
quail to the d.mand hence the possibility OF maintaining
hrm ard rather high prices, rotwthstan ling the pot
cal difficulties and dear provisions Not only have textile
fabrics renamed fgm but Also the materials AL
hind: Of produce and drugs we're kept up 10 price sho-
ing that regular consumption Continued. desp ts all
Sficu No expected that cotton would rise
the face If largely DECREASED consumption and tgh.
money market bat SO II is Aiddrg New 0esEs cotton
which cold At thu beginning Of January At 5d fetched
6Ad, per Id. during the present month.
The home market. which had been the main stay Of
prices lArguid when provisions still higher
the foreign ADS OF ths country suffering from the
cause anc also BY the rebellion in China, and
trading - Australia. Political differences in Europe
prcsrated trace ntll more aud 1t At this turning
point In the hitherto on~ad Of 1883 that the
ges This iLdes like infAtuation their part to
raise the labor question 1t the very moment when de
suddenly cut OIL and when the Preston and other
would have been obliged to cell Ut ranous
prices II they had continued TO work full time The rich
Anufs would perhaps have worked Ia order
not to draw upon themselves the in'ective from their
work people OF empoyr them when times good,
and leaving them withsat work when change for the
worse took plsce.
- D
present year, find that tbs Bank OF gland gave early
notice of the the money market would ssy
taie ty raising this discount 4 c-nt The stost Of
bullion decreased, Notwithstanding the large
ions OF the precious metals The state Of the weather
tegsu to create approximations asout the harvest The
INVESTMENTS in foreign railways and other schemes
however, not checked BY the list in the Of dis
ount and another - per cent was had recourse TO BY
be bank in the course Of the month Madllog New Or
cans cotton was quoted 1T sid. OF the cles OF the
month and consol q9s to 99k The nrst month OF tho
year proved the faAcy OF the opinion previously enter
tanned that moneJ would be drug Aad discounts unusu
ally low,
fnRrAxY-P Proved quito month Of bu.iDe q. Invest
S.n,s 10 ,nsstsa y ,as Np :ssy
evipced the part OF bankers and capitalists caused
chiefly by the state Of the weather and the supposed dis
sstrcus effects which sill higher money market then
clearly ior.ss.n would exercise .p.euls,or. Con-.
soils wers firmly nantsinsd 1t 99x to oa-. Miadlins
Ssy otl..s. cotton ..' g1s'se sSa tosa 70:
amount I. reached 10 July. 1852, was f22 232,22s.
In hARcn1oe expectation Of goods aud tn. prsciou,
metals And the emigration OF abls bodied lAborsrs ADD
other clases had reached lis highest point No ess
than two hundred el, for Australia we're loading Ia
London And Liverpool The extensive purchases Of manu-
acured goo5s by heme trade were In gree
cot up in out6tnss Tor Australia and what ~
pear largely increased home trade WAS In fat, pre-
pared for expectation The Ia market Of this try
begus bs disturbed BY the extensive sms raons and
dcolty TINS raised which fear will prove nc
only sui o. great imporsnoe but ons OF anxiety 70
hereA'Ar. slight reduction In the prics OF
cotton and similar decline 10 the value Of mAnuias sd
goods capsed rather extensive r>nsseons under the Be
lief that higher wages would shtrty again enhknes tn
value OF textile fabrics Tbs ,tok OF ALTON again
to Ei9 le3 las 10 Ma ca, Te aceouns from tae Uaed
States we're more favorable respecting large cotton
crop.
10 yrPu-A demand for an ,evasce 10 wages became
more general and has proved up TO the present mouent
subject Of Anroyssss bttseen rsa,ters tni msn. d
which cspuot for spse ty and satisfactory end
although is evident that tbs viii sooner later b:
| forced TO tive In. Ias money make became mon.n
tsrDy easier vssh induced investments in fsregs ucdcr
ukngs Toe pected reduction in the dates ts'
rou1 lave gwen tie Export trade - Cbias great im
put- bu or the disturbed state u poliasa mSt.ers AZ
purchases Tor China pevsrthess st IN oar msri ~
ard t'fgNt rH 'b-ssv -srsAH - 49, h.tsr fs4sia
q " to-~s las 44.s..se s.ettiE. TaeAl-n i-sos