The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-21


Daily average receipts in 1886 IN 1885, ass;
in 1857 $o,7t1 in 1885, Sill o63-throwing out
The shipments OF 1885, Of the rates OF toll during the three
previous years. would have produced the assres.
1881 eeS 50 for the days and the daily
would have been sI3G SD.
At the annual meeting OF the stock 1ars OF The Ne
York and New Rayep Railroad Company holden a. New
Havenon 18th inst, the fc5wrg gentlemen were elected
directors for the ensuing year, vizJastus Bulsley
George ~ killer A II. ysz Nest sad George B. Csehsrt
ofNe~ York John W. Leeds, Of Stamford Conn J. God
frey, Of Southport, Conn and John Bradley, Charles
A. lrserton aud n. A. pason, Of New Haven Conn Al
suosequcrt meeting OF the directors Justus Hu KEY
sas unanimou.lT elected President; f. s. Aberne.hy
secretary, and W. Bement Treasurcr.
The monthly circular OF Du Fay o., Of Manchester
dated May contains the following remarks relative to
the effects CT the financial rovulson and the probable
couEse Of The markets for British manufactures
Although the Drawbacks OF the crisis make them
selves stun fen 10 the a2stts ~h which trade continues 10
proyement compared with last month Conadssce IN IN
matters al home and abroad ~ gaining ground and no
our relations with roghboripg staies rbe CHEAP
neFs VI money has no. led vas apprehendei
70 undue spscasllors, snd although We are lmprov.
we trust that the elements FOR future sound trade
arc infinitely safer row tran tboy then The favora
pc oHncton OF the preSent crisis that tho mas OF the
people have been kept fully omployedthat the chief ar
uces OF subsistence continue cheap that we We every
pePee' OF an hnurcant harvest and hs tho
Of cur INDUSTRY At least tucenf for our present vsnt.
whereas 10 ls4s VIC had failure Of the com and cotton
crepe and political dsturbs ces all over the ccntipept
W contend with. true four tnaIthp Of tho ,ear
have already passed unsatffactoriy for trading com
nuniv generally; our exports have fallen ca consid
efaby, and what was done has left nere or very tte
proht 10 tire producers homo Nor have the ,,nna-t
merchants done betscr The stocks OF produce m tbs
country being large In most Articles rsoeps i'm
portatons though bought cheaper have not an
ssereo; there ", however, limit for everything
snd minimum value for every Article and
II seems that The increased ransac,iops lately
entered INTO prove that TIA, point has now been reacbsI
Both for CONSUMPTION and for Speculation sons evcnssve
IN produce have been Effected and prices viii
In sll probability, move gradually upward and fyec ,nr
capital OF those who ~ ely 10 no inyes, n In rev en-
hrprEes According Tn list have seen the Ioes on
produce from the East Indes and China imported IN issT
amsnns 10 nearly half the total sum OF our eYnoy
this period must have been enormous 10 enable rner
chants 20 bear such reverses he exports ~ rsS,. ~
tnue isfge, AID viii sm3unt during The present month
70 more than an average monthly export An no extcn
sve renewed usnsartiors undertaken for thai
quarter We cannot lock 20 thai source for uch arsivv
IN markets. VIC therefore hone that other MAJ
kois will somewha, relieve Of our pToduc,,ops and
bring about thai steady Improvement 10 The tr.sc
OF the country 20 much needed and snrinpsiy ot Al Cor
Dere sno elstwhere ~ gives much pleasure 70 note
hst America again btstng herself h bring sbo-n
ref tor aton o. the long drurbsd commercial Relations he
tween her and Europe Ssny buyers have come bv the
lertis they propose small and cash ,rananctons rsthcr
than business 90 credit They feel The uselvss mai An
order 10 regain The credit Which We on ts aide have All
20 uvstpEy and largely given, they must for time
not ask u or use only sparirrfy This NAV preveut
spia mprovtment here ior The trade America sorrns
States of America ' ''~