The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-07-31

esgAt thAs - ssvs vin havs rather uafayebas e.
.9u99sav 10y g,Ehse sssfu sescs - hardy
ha4 tiDa ~ % oeveioped- II - $780, - -.
N, n clsinnsa 0Ass give tie selsvias sseos,t q
thespEssas a several houses IN that city sne.esa IN
apsoss 81 anapssng that would do credit to SEINE q
our sa1BosA maaas su;- IL ..s ss.-.ssr,5 ''''
o1 II Ilnre q Mccullough Morris o. continues to
- s1Asst Of much comu~nt IL q gsossalIy sap
Icssd that thsr assets win not pay tssnty cents
In connection with this failure 80 wish to make few
renaz. During the lass i've SIX years, there have
oesa os e o. i've hsusss engaged r. The grcessy bu
ss az q: ssnS ssss
ene 80 y sons means OF osaer succeed N building
asiy SsisiSors md Nsv York and upon III! credit
would purchase ave TO fifteen hundred bags OF coffee On
az nsoths n hing i 70 ts, n, %sra e ana 's 81. sss
fund.- thu Obtained they would 20 to New Orleans il
ies, brig Il up and realize on that sbou. whieS dine
the eoes paper In Bal iors would mature and be met
md Ss asss sa used 70 sI Business aaa ' On q
WIZ Tie trade in sugar and molasses was paying
one b plan Of dnAncering soemef TO succeed bat the
Is hss coGse esnsnsD had to SELL and in order to Do
ness Became 20 un rot.bis that al dealers Who wanted
to % fer and profitable business became dtsgusted
With 4 During the last tso years the sugar and mo.
hssee has also been unpro6tabe, which so cram ped
and embarrassed the coffee dnanciors that thsy hsve
fed che atsr another and the LIST ono has passed
on.
fhs manner In which this game has bsen played has
been wcl known here for years suf the foolish
ness not to say stupidity which the eastern coffee dsa
En- unaffected In thus sslns their goods TO such men,
and fostering such unsound and dangerous busnes,
has been tho subject Of much comment during the last
year tWo In this community hope universally
expressed after each failure that they would become
u their folly and 'sbiock the gsns" bat such
cn0hge perceptble they oonnued TO sell ct pro-
IT. aAd their here continued to sell ct loss wesay
1t loss ranging from fourth 70 three fourhs OF
cent pound below the prime COST to get the money
and st their credit goot and such spectators
would b appealed to In regard to the standing Of other
houses.
We know Of sone rich Gases Of this kind but fearing
We would m e the atter too psrsopai by partcuaring
We reah from further comment We do hope and trust
this hns Of specnatng - far ~ our city concerned
eest has come to closeuover moro to be revived In
any shape TO again pure the character Of business
community, disgracc he trndo Of city There b
another remark would sdd.--This habit Of inquirng
Mr. and Care good, Of their brother merchants,
even u confidence, poor way of finding oat the true
ate OF the casa. Few men, except tho evidence pretty
clear-nay obviouB-wn express themselves fully when
Intercepted such subject To mind the right
and proper way to ascertsin the standing Of house ID
TO become personally acquainted with the manner in
which does business and never to trust man who
does business carelessly and lives extTavagany and
Yer to sell goods than what ia commsnsurste
With the extent Of his general business. t3
The xed statement exhibits the quantity and value
Of articles other than foreign dry goods imported into
this district during the week ending and including Fri
day, July %, 1854