The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-13

grant = nbsnI ncitiss poa,iSss Without hsasrdius
Ae imprs..asS q lsir p.ic,s =, inc cars.s rss.
pspey with v~y tals y shs i.sds nsurs and q 70 30
per cent second ss rates. Most Of the reoent fure
rssnzs uVcn sscsrass sybjs0 70 As daily faoussou Of
The stock market me Bank sktosaopt fS tho work ~as
essssrsd Cd nverso!s; s specie Aavihs Increased from
fyrom Inc Losdon Hsraid, sepA s1
EnshsA securities remain almost perfectly stationary
Fave and except ,he n,srmedate nnctuaon Of sghh
been no vsation Ii prices Although iBe be s.ooune 10
not considered sstsfaotovy and dosbs sU erI h respect
he pin Of yedG bxA IN London and Lioe paos, roica
l ldn lean yevs0n, As cclators Acsta1 10 prcs
tales TIE rival OF the Indian intelligence will suf
ncienty explain he cause inesviV and ne general in
dispOsitcn ~ this moment {, eslNge engsgs menis.
from The London Advorti.af, Sept 28
There have been arrivals OF imporisnoe g. day, and
the public osoo W considerable dnrsety Iar tueosTsce
from Amsrca and hdia. tho commercial panic In Nov
YUk now appears 70 have become . more serious Ansr
than was Ut first anticipated 10 not confined 70 the
neighscrbood Of Wan nrett predicted 'he trading in
have occurred, because sunh lspses In CREDIT ss reu
IN ewve bues both IN London and liverpool Em5drrass
mens al hese rts and IN Aanchaer, are already h'ed
at, and Of supensions not Onstdeyed smpro6de
AZ the c0mns noemept or the week mucn conformation
caused in several OF the manafs ctoss u Nottingham,
oy the intelligence that lGse American srn, hessrs
Ackcr Barrs, merchants, Neu York, he'd failed rne
sAir has entailed losses several Nottingham
houses, including hr James H"phorn. iaos manufsc
tursr vhoss loas sounss 10 f3 ooo Aess-s Sine Nun
della, f3 600; kessrs. Wihcn son, 90 coo; Messrs.
HeypDan Alexander, GOO; kessrs. X. Bi'ktn Il Sor,
60 eco, and several ehers the lmouuts being vet
known. The total smopn Of The debts ID sbeut geo o00
The msnuscureSs in Leicester and Locshboroush are
also great fufierors.
From the London gan, Sept 2sl
Business In tho textile manufacturing dbsncs continues
quiet snd the American failures hsve ocossioned
depression. The hire rcn trade sans steady
The advises received this morpt by the steamer AAia
from Ne< York decidedly mn cheering, th panic
and its cects having partially sbsded me rates charged
nteen 70 thirty per cent according to the charasser
paper but ths banks were STRENGTHENING their position,
and there was every probability Of an early return Of con-
Bdcrcc The city banks In the last general return,
showed reduction Ia the smouut Of outstanding loans
and discounts Of about s4soeoo and there wss IN In
the specie 70 the extent OF nearly $4,000
me money market remains In very steady position,
and notvhssr ding the approach Of the 4h Of the month
rhsn - u,us heavy pay m.ns. IN commsrcd accounts:
the cuSrert charge Of bk pe~ cent tho bes deac cn Of
bills easily negotiated There good supply as the
deposits bring = large amount OF capital into ctr.
cuistitn. ,he activity Of trade, ss demonstrated
sy The oiSai return. Innn,, issued on .nn, s.uray, vii
al honsh NE Indian nutipy and TIE depression IN ne
Uni<d Sohs may affect certain Department. offers mvore
and Ans fu mpsymsu u found for available n1dn ard
accumulation nhich iUoid result IN ioccr krnts, pre-
end Tho high prices Of the raw materials, such - co
Al hs 70 ~ o1p
msrce with all paris OF Me world d an unqualified source
Of generalization. when ~ PER cant - the miumuna
financial and commercial distress, failures ia rapid
fion pyecied and noYeascd restrictions were held
but 70 y.
nues iourd. and ntsle mplant made about
sicps for discounts win no doubt become more numerous
because preparations for The ahpms OF silver the s
. wen y me b. falling Due q me same TINS, yin Be in
proess but additional szinsency no' generally appre.
from Tho London Chronicle, Sept aol
mo movements Of Briiish during Two thirds
Of tho current year exhibited In the returns inst issued
BY the Board Of Trade In their srxs results hcse tables
characterized per rodcaI absrs or our expor and
Import trade. Expansion ID still ne rule. During tho
August aat passed the otsl declared value of exported
commodities vas Gli against 2o2 IN the
corresponding month Of last year and Es sol 4I3 IN
August, 1895 Tor sno cgnt m,uths ending the In
nss she exsos,Aons had reached total Of fsi esa 49,
excs sdps By nearly seven micns tho cnhe amount for
any Whole year anterior 70 1883 In 6io me eght manhs
t1pr. we're v.iued q G7i $50 sa4; asd IN 1868 :.
commerce has therefore bern almost eyscGy kn miicns
the growth In Two yeas esceedipg twenty four and half
The rs two thirds N hs conmeyoai anvisy, tho AgSrc-
gate vauc OF exported articles IN 1857 viii fail very
Tns gros increase In British n, usual.
ccnsnled cy many oscillations In .hc deain FOR sDocia
com modies Thus, very consieersbls Augmentation
shown upcn the exports or se, eeor, cuiieyy, haber
ds,hcry, hardware, kaher, millinery, and woole
faoures modified, though FAR from counter balanced By
decline on ccs co ton ods linens, oil seods, ss, and
recncd sussr TITO OF foreign markets product
veness or cropr vayious other casual ntorercu,cs
with tho regular amount or supply and demand. must al
wsys cecs1ien very corsiderabe pcrtur 5alons when
viewed In detail IL Ia enough 10 wever, for 70 know
that, on the WHOLE Tho extent or pronsbls commerce
N Increasing, and that cur tade II spread . wider
rarse per m, siins new cnannes and embracing more
prmcrous population Of oua,emss.
Looking 70 the future We nnd two csuses from vnich
stream OF cur cemne cia prosperity. rneae are,
pted tcarcey sY, the .toccsge OF indian raae hronsh
ne Sepcy revolt In Berga; and M rsdctio- upon kis
eounsy f ne srubevan circulation ne ota.r le If
he Ahanc wAieh hos produced somtihise ,se coraer
hAvr TIE full effects been ~ ye, experienced ws arc,
therefore unable 10 denBo ibsr precise theiY
vi innate erteni britt rght 10 remember that suv nu
quencer For the moment, tho operf Of both mas been
regarded ehs ny In reference 70 ono particular branch OF
less thar 10 England, this sueicos u.y considered Of
psrsn cunt Importance, and tho oonmcrc.aI pubc OF
Liverpool n,d Ne~ YORK Ge qlirnr With eqaai spsisy
INTO The probable ooI equenccs tho Indian munes upon
suprly pYce OF atico upon wblcA sech ex.en
,lvo Interests hsvo hecl embarked
Tte condition oTibs cotton rsie during The curren, ye
has been very singular Win considerable al a'oe Ia
price Of the maierial Tho prcer OF manafanrsd
,riioes hsve msibed Desry saiious-y Asa Sc~ York
jcutnsl admits tne year ha. been exre ney
i've TO panicrt but poor ore for gpurors Even wtcc
The raj % hsh pooss easled, IN he de
msne of oonsumpon, regards rs~ nosson, the markc,
rate expetuced no eorftt soadisw deouo no nevit.
bic suh bas betu 70 diminish, or even Ia msny
obh'c,sie tho martin tf proas o5anst BY NE sasish
msnufActuYers many OF whom have secordugiy begun
W work srtrt time, trsDandei operations Ai,sg.
der From ne circular OF -ell sno-n xnnca-sier rr,,
daea 2sh inst learn us, 'nero have been several
failures ZONE of be smslle' manufacturer ~h,.c
u havrg oesrsd - -orr have diyc nred t-sir
sumpcu Of cotcn rbese ncr-ly oi ard ~ sfsped
mily. which cpnld only 10 worked G. q cJnsdsrsolv
Frealer COS, On no. mills wtn Ascnlnery, and
oersqueny many q them msy 0egsr ssao Ds,ouIs
Lf cotton" -ne manufsrure-~' profits 10 Eavland
therefore, In tho prcssnt s'se u thugs 10 depend
upon ureftsnt improvements N toe mecaanics srpn
arces or Industrial arrange ner OF his l e,.hng aim
tctuomza The cost OF msnuraciuYs The or CON
Ntilon trsrsfoSe kss scs between uil ani
snohsy lhosa e.sed OF Insufficient Vita ocrresl
CFsszsuon or oder machinery dropping out or sgut
n. price az rsieisl Il, hoveyev, rsutsnsf IN the