The New York herald., 1862-01-13
THE TRADE OF BALTIMORE.
Our Baltimore Correspondence.

Our Baltimore Correspondence.
BALTIMORE, Jan. /, 1862.
Statement Of the Business cf Baltimore in ls6l-Imports.
$500 600; Exports S11 600 ,0O0-The Tobacco Trade
Tie Flour Tradc-The Grain Trade, dc.
brief review OF the business of Baltimore during the
year that has just closed be without interest to
the readers Of the HERALD for shows how beneacent
and nsprng has been the sway of the federal govern.
her. and how largely she is indebted to that
government for the measure Of prosperity which sho
enjoys The banks Of this city sound and sub
stantial basis. They have not suspended specie pay
mens, nor will they do so. Their stock at par and
quoted, in cases, at premium, and they are pay
ing to-day their usual semi.annual dividends In gold.
The business Of the city received q severe shock in
consequence Of the events that followed the unfortunate
Of the 18th of April; and when, in May the
Confederate troops took possession Of part of the Ba
and Ohio Railroad the whole business relations Of
the city with its Western trade became deranged. In
June the great bridge at Harpers Ferry blown up
and great portion Of the track destroyed and from that
time all communication between the city and its Western
trade has been at an end.
The business OF those merchants In Baltimore who are
engaged in the foreign trade has suffered greatly at
ALL in consequence OF the Some branches Of trade
show actual increase last years figures Thus
there has been 81 $50 0C0 worth OF leaf tobacco
shipped hence in 1861 than in 1860 The receipts grain
here for 1861 not much short Of those OF 1860 In
last six months, while the city has been by the
military authorities, have been such to mako the
or 1859 both Of which were years Of great business pros
perity for Baltimore. And ia this connection II ought TO
be stated that In many instances stocks OF goods held
during the summer without finding buyers have lately,
in consequence Of the and the tariff advanced
price that they have been sold at double the usual
rates This would not have been the case however had
been for the result Of the recent State and munc
pal elections The result Of those elections showed
large majority OF the people q Baltimore and Of Mary
"
that confidence the part of the general government
and of the people Of the Northern states which had been
much shaken by previous events and purchases for
army and governmental purposes were made here TO
| largo extent.
months ago. for the roopening of the Baltimore and Ohio
Railroad been pushed forward with the proper energy
that great horougharc would have been opened and
operation at least six weeks ago. and the Western trade
which would have rushed through Immediately would
have than compensated all parties concerned, and
the government much any But unfortunately this
done. The Confcderatts still hold possession Of
twenty miles of the road, Northwestern Harpers
Ferry where they have sufficient force within supporting
distance to prevent bc reconstruction Of the road Is
probable they will attempt to do this at the risk
bringing on general engagement. The weather. how
over although this is tho tst Of January Is mild and
II General Kelly Is reinforced by the whos OF Genera,
Banks,and General Stones forces he may be able 10
drive The rebels far down Winchester at least and
this fine weather continues, the road may yet be
built and reopened by spring
The general dry goods trade of the city has suffered
severely during the year owing to tho absencs Of South
cTn anu western DuytTs Inc aggregate business WAS
about third that Of 1850. Buyers from Eastern vir-
gnia Western Virginia and the Western states now
however in the market and the prospect encouraging
The importation Of salt was, in
1850. 1861.
Liverpool sacks. cks.............1710 02S 1sg,I94
| Salt in bulk bushels. ......... 4,5b3 114,2l6
The oyster business has fallen OF only twenty per
cent but the trade preserved fruits has suffered
vcrcy and has not been fourth large In 1860
Six millions dollars worth of grain were received at
Baltimore during 1861 namely, OF
Wheat, bushels. 1858, 500
Oats, bushels ,4es 500
!, Rye. ....",..".....,....,..,.. A,sOO