The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-02
Inc CfcuAhon propAov pHfcoy secuFe
n0cBEeTER MAEUrACTuREs-sHALL THEY DE sus-
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Prom ihe Rochester American, Auguu 81
Nh EDuux.-Amid NE general crash and tunbiing Of
stocks those heretofore attractive and pr ymisns invest
mcun, would sccm thai might be well for capital
eh and especially holders Of real estate, Who (vhe
her they Heavsrs Of or pot more Interested 10 The
prcs oery Of Rochester than anv other osss 70 carn
lessor from The at, and 70 cok The resent prospects st
hsso ascsive and Pros perous city square in the
fsoc Dnsuse - SO may, there s no deuying the fact
cd or near,, 60 Of ard purchse and and
build NJ tsvns ADs csis .. me Wet We are where
sev koGsnd ~. shr'y o forty yeArs ago. and % main
come Nev E1glsnd Tor The srosi Nost They want
manufactured srticlee, and VII continue 70 want all
can male Bui 70 sustain those msnufs lures more csp
l needed, and must be had or teey VIII coon bo sosu
soned Capital must be had, loo 81 per oenA 10
fso, no, % be dsgu'ed thai ev, very small number q
~ooui putting themselves Into the hands n the brokers
and payrs rate Of interest from fourteen -eay four
per cent per ureQniros but fog agures 70 show
vh.te soch course ~l ultimately lead and the result
s only q question of time IL DOT question OF vital
importance 70 cur real estate holders that our msnutsc
too With real sohd Rochester csuta We are us Il oele
nrsed for excellent ucchsncs-irgeulous men, veil
fond in proportion 70 tho pupusoni Ye. very many
This class have len and more vii sosn follow unless
lhc, ave better sustained
fr, our rcn men, VINO have counted their shoasaad,
herstoiore railroad siocss and who have their
thou ands thus counted the football of Wall sres stock
ns 20 thslr certificates OF siccg look This sob
eci ho~ much hey could have done for
themselves well ~ for The prosperity OF our besutlIn
city, had they invreted their money In manufacturing
badness, and given 70 such business their excellent
business talent
mon Of capital such should have hfh place
among us. rne men whose capital s made 70 give EN-
po, menl 70 willing and industrious hands public bene
fscsors yet her nporauce has hitherto becu over
lcostd let have such that we mg honor them,
and thai ,he lard working icurneymau y 10 may look
70 them for what he needs 70 feed ne hs wife
and children; then may We count upon steady and
hethhy increase OF population, permanent value uron
real estate, and a that implies prosperity IN city IKE
The Buffalo Ry-ss,c sales thai . large failure In the
iron foundry business rcd In thai city on Thursday
No na mes are even
Golden, WALKER %, Of Uaca NJ ", an old establish
ed dry goods hrn, have made an assignment
NEW JERSEY
1be NewOf <ducrtssv, OF the slst nit has despsschs~
rncn conn me failure Of the Bergen County Bank, a.
tNsm The Newark Advertissw, AusustaIl
nhrumorcd thss the Cst~act Csty p~rk al Pstarsou.
has failed We tpov nothing of the truth az The repor,
bot would be veD perhs, for our cltveus n yesase
The money until is correctness e sscert.ned,
tFrum the Paterson Guardian, Ausua an
rHH CATARACT CITY Barx
This Institution has passed the Rubicnn, and IA no.
the rough water Up 10 the present wr,ting th
ron Saturday h" been gradually diminishing AMI n
present but few are bclesgnrins is couuters 70 sav
servera cf our merchants made quito large deposits and
confidence generally being restored
Our country friends who afraid 10 hold Catsracs
CITY money should forthwith get out Of their hands By
paying svsy IN advance FOR the Weetly Guardian, n