, 1870-12-30
&C., &c. &c.

The yea. zow closing has been one OF great
:,.al 10 all rersons engaged IN legitimate business
4 1a,s city. EEer since the close Of the war the
cxcl'eIeEtk produced b{ that great struggle have
l,tp slowly suos.dirg, and f,rtces tent!ug down.
w:4:n 10 1heE ordinary aule-war basis; thus con-
FINALLY lcskec1ng tie nominal value OF property
sa-atl by tIader7. when estlMatetl by currency
{: changing yalne. and many classes Of goods
kelulls declining on gold basle, because OF
CREATE, produc,ion in proportion 70 the supply.
WITH zach succeeding year tnis pressure has grown
harder to 1ear, because Il has been q load added
70 that which hAd gone before IL We have prob
a:1y seen nearly The end OF this teotlne. Another
scaf 1t most viii see the balance restored, and
fail business actively restored on fatr paying
ISIS
But .as bear pressure has not told 10 heavily on
our people as On those Of many other ckies, par
..culaftY those OF The East There Is constant
aeceseicr ti talent and enterprise, muscle and
capital. Etner, IN keeping with The steadg get
rapid growth Of the country behind uR, which ha4
Sone tA- to make amends for the normal depres4
slon. Hence our real estate interests have not
snScret in proportion with those OF New Yo1k
and the New England cities; We hare extended
car operations tnstead Of contracting them, and
our merchants have been Ro!e, In great meAsure,
70 compensate a reduction OF profits In
eyeatss volume Of transactions Hence the year
1ss no: btcn gloomy cne with us, aud but very
lev, tcdeed, among Us hare yielded 70 the 1nAn-
ctal pressure which HIS broken down 30 many
elsewhere; they may be counted On the fingers.
In Flanci12 At the 1tading features Of the year,
however. srch as have not been previously noted
ic thtse columns, We shall deal Eomcwhat less
with rgu1es than heretofore, snttsncd that they
posstAs comparatively lizzie interest 70 the geneY-
nj tr4dez except 10 the foottpgz which give tho
Erne,al results nj g1ance. The census retusns,
"htl completed ILL undoubtedly give different
Lis from 1hote ~e shall note. a. In twD OF
thIts departments to be mentioned further On In
tlls summary.
TIC past 5eaI has been one OF great and a.
tuos1 uutelleved deptesAon In ou1 markets tor
,7vadsiutIs, owing to the operation Of variety Of
caassa. The leading markela Of Eurors hare
n: peoples of The old world less dependent on us
y: supply Than Was anticipated The United
Al general tairg, The shipments hare been
fc:ccd on the MARKETS on the other eide OF tho At
:an,:c, .n,ea Kept sae p1se down almos: uni
sutp from this side Of The wafer. Hence heavy
lrAsA have been incurred BY tue trade. The In
sJ 70 va ~ s
tause OF this. oar wneaI and nour were pf1ncl~
I,al:I tAAen for the lowest order Of consumption.
he tcet grades Of grain, Or TO mike
kcia, only served to depfrss them,
when Orcc the Short lived excitement had passed:
II wRs ovcr almost before actsve operations hhd
.stru txEuu: The Increased cost Of ocean freighis
t~nGed 10 ceeck p14cct, and largo quantities Of
Lorsso g1s9 wsss ,SInE1 o. tn tne English mss
Tie demand from the two contendlng nations
*.+rned 10 he Almost shut OF, though
sx ysS sSuss e S7n g ne 1ss
:!uee two pawe1s had Gyltteary prepared them.
selves for The f1ay. added 10 which, the ahtlity pi
e % ba has neen ~ n 4 y
war would or1nG Out IN augmented demand, hul
iaai sHopc deferred msletu The hcart s.cs.~ Tns
PROSPECT OF ! wnr lsetEeen RusstA and other Eu.
ap la asG NJ
TT .1arAtls close rather drsu both here and IL
t.arure under fear Of more be!ltgereut sttttuIt
sold has also Affected 10 some extent the quosa
sUns on all allexpottahe prctucts-
Another can=- uf depression Ia to be found L
havt hr.vtl inrse quanutles oi grain pas. oul
t.oorf, sud 'otluea the principal spur TO the Frs
:n Ct direct ratl transit Ess1 from Interior points
t 1T aud erala hare both gone past rs In taEEtl
a= l.cen cas1ied to ailSaukce, and from II,
..Sr.E Of stc world. Tcleao nas drawn tnIncns
lu,csl.Hset tic leading staple Of this State
t'-Hu o*ners IN thc county *onld not send thel
gan ltscI t7ev could av0id It. The unhol
i..'.nation Of n lew railroad ctuctals With III
w1chousemcu gave 1tse TO many and great grfes
:,.e.s. asoo1s which the following were the mos
~! ullavu. =. .,t.,- -.a,r,,o, ,,., ro
,;., !lin ,sts 49, ~ - nTs.i M.
,i.ii.s au-rs, - ~ 1a.srr.s es SA 40 Ae1&
~. s =, 1r.i,tv Ha ~ neceta,1 ronpe,nenee ,
.,r rno,11 =. si;nr thc ;Sen;1fGc n Tho rrsn m i,
,t,s.,vr,s ~ - e ~ :
90 n stnra-, rhrv werr nhllrad N n.v II
,," ,-s.tnn - ~; .tr-rysr ~ thetrCrotr trhr,h.
-, utst ~, n ~ not N 60
80 arrr.r... ~ shrsr ,ossca IN the ennnt,
,rrsrn =. - ns,,,nt . ennr11nns and fnr rrnnr
r. "!h,.-rn r-ain hennt.r1 rrs ~ haf IN
.,,n'..at ~. ..,s I..,r ne :. 1,1.rIef IN rensr
",'tt Ashleea ~ "! ~ = L.. ASsr W Nsaet g
IH?er. esen tIcuSa ,nes naa 70 p,s -, sne IN. ~
'lA ol' i'tA'A.s - Hs. ~ e.r - G s.., .-. aAa