The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-13

i'iuct whereas the fact Is, the aggregate recetpts
on the Northern railways for the eight months
ending on the lst OF September instant show on
increase over the receipts for the same months Of
1860. In other words, Notwithstanding the war
there has been more internal traffic this year than
last There is reason to believe that, far as the
East and West are concerned, this traffic viii con-
time to improve. The West has, at the present
moment, more grain than il can send to market in
q year. That grain is wanted here, not at famine
prices, ii is true but at prices which pay the
farmer for growing and the carrier for carrying it,
ard which allow the poor to consume it freely
Therefore it will come forward. And whereas
last year large proportion of the West
ern crop went South by the Mississippi,
this year the whole will come East by
the lakes and railways, creating an unusual
amount Of tiofIic. When it reaches market it
will be exchanged for goods which will travel back
to the West, supplying railways, merchants, and
all the other instruments Of commerce with en-
ployment. So with the East. A few months since
it was assumed, as matter of course, that the
slave State markets were necessary to the exis-
tencc of New England industry, and accordingly
when secession took place large portion of the
mills were closed II is now being discovered that
sable, and that by disseminating the manufacture
of articles intended for the slaves, and commencing
that of articles intended for the soldiers, the manu-
tacturers of New England will do better than they
ever did. Every man from New England brings
announcements Of rcopening of mills which were
closed few months since. People who argue
that the trade of the North has been ruined by the
war arc not acquainted with the facts. The
North is now doing very large and very profta-
bic business, though much less of it than usual is
in British broadcoths or linens or hardware, or
French silks or shawls. One can understand that
foreign manufacturers are disguised with the pre-
sent state Of things at the North but the people of
the North themselves have as yet no great reason
to complain.
The business of the Sub Treasury to-day was as
folows:-
Iolai receips. 81 ,29i 0SI rs
--for cusloiiS 9oC0 90
--ircasnry notes. 100000 90
~ '''.'''''''.'...''.'' SSooua ~
Balance OBSERVATION-DISCLOSURES. 15,S9o2l0 81
The exchanges at the Bank Clearing House this
morning were sl7,762 500 &C, and the balances
s9l2,G5G 80.
Mr. Chase is beginning to draw on the banks of
Boston and Philadelphia. The banks of the latter
city placed to his credit yesterday 100000, being
ten per cent of their quota of the loan.
The following circular was distributed at the
Stock Exchange this morning
pcnse state to the Bond Committee your opinion of the
relative omount Of slave state stocks which have
been bought ard sold in New York since April Is, 1861
for Southern account Also, in round figures, statement
OF the whole amount OF such stocks bought and sold by
you since that time which you have reason to suppose
were for Southern account including Philadelphia and
Baltimore orders.
Amount bought =
Amount sold -. s.
Your information will be confidential with the COM
nittee.
The Lowell Courier says that the Appleton and
Hamilton Mills will recommence operations in about
two weeks, and that indications at this time show
that ali the manufacturing establishments may be
run during the coming winter. The Berkshire
Woollen Company at Great Darlington, Massachu-
setts, are filing one of the largest government
contracts for blue army cloth that has been
awarded to any similar concern in Massachusetts.
The great mill of the Spragucs started on half
time on Monday.
The following is a summary of the condition of
the banks of the three principal cities Of the Union
as shown by their last weekly statements
York Sept SIC ss1s ssso 4. $50 e ssSssi ito S
F FSG sept ssss5 5 sssS s s ss5a
Total s231 500 G3t "a $50 7i5 IL 374 Ih5g7oh I7
Last 2ssiesss S77ii sos is67i2as i0s6ssa5
The Cleveland and Toledo road earned the first
week in September
1860. .f1S COS
1861. 15,5bs
Decrease. 81 ,45O