The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-11-05

We are beginning to feel the want Of the
western produce which is still kept back for
tie want Of money among shippers. We
shall soon lave gold enough to bring on the
breadstuiis with, but the question is whe,h
er we shall get il in time TO effect large
movement from the west before the close Of
navigation. The cost Of barrel OF flour
transported by railroad would be greater
than our poor people could pay. The gold
which has been setting out Of the country in
steady stream is now beginning to flow
back. The dry goods arr being shipped
back from the boarded warehouses by every
steamer TO their European owners, and this
process will continue until all the warhoas.
Is ARE emptied. 80 England will have To
pay in gold for the cotton asd breadstuhs of
which she need considerable quantity AFTER
this date.
The majority Of our domestic commission
houses, in dry goods have failed, suspended,
or obtained extensions. The importers have
now TO carry the whole mass Of the jobbers
unpaid notes. and they cannot stand the
pressure much longer. Nearly all the com
mission paper houses in the city have gone
under. The wholesale clothing business is
killed for the next season. The dealers in
prolucc and money ARE the only class who
carry ol any trade At PR, a. .'''-r -'''-''~"
Auction sales ARE thu great feature Of the
day in the retail trade, all kinds Of stock,
but especially fancy articles, are offered ut
2"a30 per cent under cost. Auctions are
inproyiseh Oh small scale in front Of ma
ny Of the retail shops, aud the clerks deser,
their quiet positions behind the counter and
clanor their wares N the ears Of by.passers,
with more than Hebrew vehemcnce and
per,inaci,y. The Broadwa, retail stores
are selling silks and high priced fancy goods
at any price, and draw many customers not
only from the country, but from ncighbor-
ing cities, where the panic has not affected
the prices SO generally. One Of the largest
houses in this line took in one day this
week, 81 500 in gold, besides bills by the
half peck Our laboring men are, halt OF
them at least, totally out of employment
and another fourth are working on short
time. STILL there il no fear Of bread riots
among sensible men. In England, these
riots are inevitable whenever work IL stop
ped in the factories, because the operatives,
~ a class, live from hand to mouth. But
our city Savings Banks hold $4,000 Of de.
posts, mostly belonging to the working
classes, and held in small sums. The Ger
mans, az Il class. have laid up money, but
this is not generally true Of the Irish popu
lation.
No one doubts that We shall have hard
winter, but the reality will probably prove
less formidable than our fears. The city Is
rapidly being depleted by ar'izans who will
invest their little savings in n passage to the
South or West. where they may hope TO OBJ
tain at least living compensation for their
'abor. Merchants look for blue time dur
ing the spring season now approaching. but
console themselves by thu anticipation that
the next fall trade will b. excellent, and the
succeeding spring one Of the best business
seasons this city has ever known. There il
no reason to doubt this. by next July or
August, at farthcst the immense crops Of
the country, North and South, will have
been turned into gold OWING 10 the stop
pages Of mills anil the almost entire cessation
Of importation, there will h. a scarcity OF
manufactured goods and all the conyencnces
Injuries and elegancics Of life with which
people are now dispensing will be in active
demand at high prices
Amupncn,s are dull and literature has
sunk below par. People buy the news
papers because they cannot get along WITH
out them. but wcekies have los, immensely
in the amount Of their sal,s, 40 tina, thu
newsboys hardly think Of investing 10 tina,
species Of property. which two months ago
paid them better than anything else
The weather ia rather mild for the season'
and ,ailors are longing for good snap Or
frost, which should compel people 10 come
down with the dus, for oyercoats, shawls
and MI kinds Of protective garments. But
il ia painful fact that our city ia wearing
on, it, Old cl0tbs. -