The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-02
COMMERCE or UNIrED sTArEs FOR FIsCAL YEARS.
$3.768 0l0 coo imports.
1888. ,Gl0,0J0 exports.

1851 OoO0GO excess Of imp ,-ss over exports
Settled either py JOS on Imports failure pay attoe
periodical pancs ID tns lis. aose now the seaa
Of commerce liz worked.
The years FISCAL, ending June 80 Of the under.
1s52-Imports fsir, low pressure.
lsS-Imports rs per cent more, firing up full head oil
steam on.
Is64-Imporis SO per cent MORE high pressure, an OK
plosion.
ls66-lmports fair, low pressure, boiler repairing.
Is56-lmpors 20 per cent more, firing up full head OF
steam on
lsb7-Imports 10 per cent more, high pressure, boiler
bursts.
ls5s-Imports fair, low pressure, boiler repaired
1s5s-lmports 20 per cent more firing up ul head Of
1859, Jan l to Juy-Iraports III per cent more high
pressure, sIrong boiler hasn't burst yet
The fiscal year for 1859, ending june 80, shows we'll
enough but the average, including 1858 from June 30,
not fairly state the present position Of Imports
The imports Tor the hall year from January l. 1885,
progression than heretofore towards the usual
porta,ions and panic.
Private letters Europe state that m .nafacture
have been busy since March preparing goods tor the
United Sates that tho surplas their
shipped 10 this country that prices highly re.
munera,ive that many manufacturers preparing
duplicates Of tne goods they had sod merchants 10
conslRn their account TO DO peremporiiy sold
ARRIVAL, calculating that our buyers would protect the
prces for toe sake OF their own stock Cd hand.
This comes .ro reliable sources, and fully corrabo.
rated by the che port Tor toe
week enang July = VIZ ,s.. ,.,, -
Dry goods. s73124S 1000,756 3lu, 433
General merclAndse.. $500 SOD I65o,o2i 1874 o.s
Total..............sss s4,sl4 2,eSa777 $3.50 OIL
Since Then the Imports have oeeo continued snl-
For ending July %, the imports were 81 $40 1877
Withdrawn. ............ I86, 39s
Total thrown on the market 81 us 500
Which s about tnfee millions more than the same pe-
Rod in 1858.
recommend bank presidents and directors ruminate
on them in their summer reireas-atter dnner-With
SAINT queetions about COUGAR paper" sctions
on them ought 70 soften the hard heart o. PAo sGJ
ahead, boys, American credit is all right ags,n Tor
couple Of yeAf-moDey cheap In Londoa--smsrs feo = ,
Nap grs You Can order those diamonds you waited to
solte old Pig wife" SO Old America aud 80 acts
The fall import must reeut in ruuous loss 10 some
one. II the importer is SIN krt enough sell early 70
the jobber, our whole interua trade viii deraogsd
and the jo0ber be saddled with loss II the lob Der
DOES small business. buys late buys ouy when be has
SOUND customers wasting for the goods for and
short time the loss will then stall the importers
foreigner Goods viii deprechte 20 70 80 Der cent on
somebody's hands. Now that goods are here tnev
must rema here. There any sucn tang
as re exporting any extent dry goods nere From
October, 1857 70 January, 1885, amount reshipped
WAS ony four millions. All manufacturers foresu sra
pre- fer sacrificing out Of their murk s sacrifice in
their o~n market would be injurious 10 prices there
The bulk Of dry goods must be Sold season they ar
rive-to Keep them sesson TO depreciation
VI from 20 TO 30 per cent IN any times The i'm sort
probably be forced through the auction room; and IL 1t
nets 30 or 40 per cent loss that will greatly
oes eo aeas ossn, Wy FSoucnR the amount OIL what
have to remit to Europe Immediate shsrp ana RAPID con
traction on the dry goods dealers is their only hone
oi escape rom the dilemma they placed BY over
Hahng We speak 70 the goods dealers because tney
give ana sxe The loogest credits. Taey have always on
hsno I'VE seasons assets TO pay for seasons lab,
lies, and Notwithstanding This two dollars 10 nav ,oe
oobeDgy given TO tnem by their creditors thew are al
ways tnort-simpy ecrapa along meeting their notes II
Lney cam ana tney cank borrow from the man tnev
owe 70 pay me note due 70 him. They are pioneers u,
expansion and are never 80 well or when they are
large In debt. They build marble PALACES nav bish
IN hank or3npo
ally wanting money. fs
The practical question for our bank presidepts md
dry goods j0bbers 10 decide ia, whether the
American banking firms the importers and foreieners
banks and NEUTRALITY-SUSPICIOUS. the former Gentlemen
sha suffer The whole trade aud produce OF the
country2 '
The rigid rule which the banks should adhere 10 ti op
cotton crop comes forward, or we In safe position 49,
70 refuse any however good be ORA va in
gold and RENTED ID Europe. This will snrow the i'm
poiters their feeads tue Anglo American bsnking
hrms. London ia ush Of money, and, by obtaining me
"four months kes ofthese firms will otees he
glad to discount em In Lombard Rnd the import
erE will thus cover up their position. BY these means
London can be made II relieve them Our banks will be
market The Wet will be reeved will sell her crops ead
pay up her indebtedness % her bankers
ana Dubuque Is will take all the Western cI0ps do
lne The West IA 1850 may again East 10 buy dry
gooas--ocore 1860 1t 10 impossible TO any extent. Our
banks cannot help both tue and importers rhs
year taey tsok n.ns millions II the banks try 10 help
both they VIII tnc 1857, BY helping nobooy-no.
even themselves.
IL 10 not too late to prevsot crisis rho jcbbers have
boueht very few ROons-the kind OF IRA ie
they do for Ibis .s eDtey 10 io.r es haoda. tuoaev
Ina, ala~ a.,