, 1865-01-07
THE BUSINESS OF THE
COUNTRY.
Important Commercial Record-FafI.
ureb in the Loyal Stntc1 Durin.
lSG4-UfEutnutfon NJ Com-
P0red with Former
EGRFx.
OFFICE OF THE MERCANTILE ACES

OFFICE OF TIE MEEcAsr,1E AoExcr,
.n, NEw IoRK, Jannary 2. Z
mercantile. manufacturing. and trading Interests
Of the country, We are warranted In con.;ratula-
ting subscribers and friends upon the general e1-
past year shows only $40 faitures with liabilities
amounting to $s,5!g.s 40, which, by comparison,
exhibits remarkably healthy state of the trading
nFes for The past eight years gre as follows:
Total Northern statcs 1s57.. 81. .ssG5.sIs, 90
Tohl Northern States. 1855. "a, l13.. Sa,G9a7s7
Total Northern Suites. 1859. ..3aD,.. 51'3iim
TotA1 Northern States. 1860 q, ,73... 6i,;3a474
Iotal Northern States. 1861. .5935... 17sG3a170
Total Nor,hern States 1861. .1,Gss..- a04a2D
Total Northern States. .1s63... 4a5... 7,S93Ol0
Total Northern States. .1s61... 5l0... $50, 100
In submitting these figures, we call attention to
the fact ola large dlninution in the amount Of an
we attribute mafnly to that rigid caution vhich
has obtained In our bueiness community in ala.
pcneing credite, and to the increased values Of
s 81 al 11b aae
ed the wealth Of the trudng classek and the scare
ity Of labor, suitable to the requirements OF the
mcdaniel interests, hss tended to increased
classes These. the principal consuming inferests'
on acccunt Of their vast number, ana consttturins
g. they do. The material wealth of the country,
through the channel OF the retsI t1ade, and.1fe1d
ed returns that enabled this class OF 1erchauts Ia
meet their obligations promptly to the jobber.
importer and commission merchant. Hence, the
natural conclusion must be that each, acting In
harmony With the other, has produced q more
satisfactory result than conld have been QutlcIpa-
ted By even the most sanguine. Satisfactory a.
tradc for the past few years has proved tttef to be-
We cannot but think that merchants shou.d con.
ttnuc to rightly follow out the course they H1sv Or
late adopted, and thus avert a:y i1apcadin crisis
that even the most conservative Of our merchants
think may get bel store for ns. We make this
cords, which clearly prove, that Whenever mcr-
chaata have deviated from the stdct rules Of con.
servatiye syrtem Of credit, based upon a well
,ennasd ,fT =, @ sssua aad The closest scru
they hare been the sufferers. The deep interest
We hare ielt IN arriving at correct statls-
tieS. t. submit to ths Judgment of orr
the most ririd and careful rs:assd
Of our records, at this particular 1ancturc. in o.
dea ; to p.esent e. to shem At glance "a czti: .!
trading interest In the loyal states. This estimate
is not obtained by averaging the whole number Of
traders, but BY <ptciac examination Of zach
both with and With our associate Offices through
OFT the country. and the result is shown in the
appended , sat1e arEsnsea by states and the prnci
Louisiana and hansa: having been made the thea
trc Of xar, thereby dfsorganixfng trade, ere con-
se9uennE not full5 represented In this estimate;
ana % Gahfo9Iala. It vii be obserTed, ff entirely
l6s.9x5 hus1nesal'ouses. representing q wealth Of
,s, 7GG TO- mostly invested In personal proper
T. II Is generally conceded that thc average prof
1fs OF trade range from twelve to fifteen per cent,
out atEum1ns the low figures Of ten per cent, VIC
har. s!93 s7G6o rs the accrued gain the past year
on the bus1ucss interests spoken of This, in view
Of the unprecedented expenditure necessarily ln-
Cured, both By heavy taxadon, and In otherwise
sustaining the government exhibits the relf-sup-
porting character Of our people. and but one Gle
tnena OF the strength Of the country, which, when
8CGcd to the other immense resources not hrourht
Into our estimate such real estate Agricultural,
mining, and other interests, should inspire the
most hopeful confidence in our future growth aud
permanent prosperity. E. G. DGs Co.
TABIE SHOWING TEE ESTIMATED WKALrH OF THE
MERCHANTS, XANUFACTCKENs, AND THADEns
TIIu0TIfaIInIrT --'