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THE MERCHANTS’ MAGAZINE * • # COMMERCIAL R E V I E ¥ . y ysfq, C O N D U CT E D BY F R E E M A N HUNT, E D I T O R OF T H E L I B R A R Y O F C O M M E R C E , E T C . ; C O R R E S P O N D IN G M E M B E R OF T H E A M E R IC A N A N D LO NDON S T A T I S T I C A L S O C I E T I E S ; M E M B E R O F T H E N E W Y O R K H IS T O R I C A L S O C I E T Y M EM BER \ HONORARY OF T H E M E R C A N T I L E L I B R A R Y A S S O C IA T IO N S OF N E W Y O R K , P H IL A D E L P H I A , B O S T O N , B A L T I M O R E , L O U IS V IL L E , C H A R L E S T O N , AND C IN C IN N A T I, E T C . VOLUME T W F N T Y - T W O . < _______________ FROM J A N U A R Y TO JU N E , 1850. Nero Hork : P U B L I S H E D AT 142 FULTON- STREET. 1850. CONTRIBUTORS. TO THE TWENTY-SECOND VOLUME OF THE MERCHANTS’ MAGAZINE. G eorge S. B outwell, Esq., Mer51i^n^>f ^.ssach ush jfs. D avid M. B alfour, Merchant, o f ifcassRchusetts. ' G eorge B acon, Esq., o f N ew York. ' E dmund D wight , Esq., o f N ew Y ork. D avid F osdick, A . M., o f Massachusetts. J ames F erguson, Esq., o f the National Observatory, 'Washington, D. C. W illiam G regg , Esq., o f South Carolina. General C. T. J ames , Civil Engineer o f Rhode Island. J ohn B. J ervis , Esq., Civil Engineer o f N ew York. T homas P. K ettell, Esq., o f N ew Y o r k ; '• .**• ; ; *’ \ • : ! A . A . L awrence, Merchant, o f Massachusetts. J oshua L eavitt, Secretary o f the Boston Cheap Postage AsSiCiatk n. C. E dwards L ester, Esq., late United States' Consul at. Genoa. Professor C. F. M'C at , o f the University o f Georgia. Rev. S amuel M artin , o f London; England. •. • . i A . N ash, Esq., o f the N ew Y ork Bar. G ideon N ye , Jr., Merchant, o f China. Hon. B enjamin F. P orter , o f the Charleston (S. Ci) Bar. J. S. R opes , Merchant, o f Massachusetts. F rancis G. S haw , Merchant, o f Massachusetts. R ichard S ulley, Esq., o f N ew York. Hon. B. G. S hields, late Charge d’Affaires at Caraccas, Venezuela. J unius S mith, Esq., o f South Carolina, and F reeman H unt, Editor, etc. (Tag” The names o f the contributors are appended to the titles o f the several arti cles, in the table o f contents on the first page o f each number, except such as have been prepared or adopted by the Editor. 1 1 ' 1— IN DEI TO YOL. I I I I . , F R O M J A N U A R Y T O JU N E , IN C L U S IV E , 1850. A. A ct o f N ew Y ork relating to Short Measure.. 576 44 o f O hio taxing Banking Com panies........ 675 A ction to recover M oney L oaned...................... 75 Administrators (law ca se ).................................... ,198 Africa, Liverpool trade w ith .............................. 120 African Slave Trade................................................ 586 Agricultural and other productions o f Cuba.. 561 A ir for Merchants and Business M en.............. 360 Albany and Buffalo, railroads betw een............ 106 A lien Passengers, act o f Massachusetts............ 575 Alexandria, com m erce of, in 1849 ..................... 555 Am erican ship 44Star o f the W est” .................. 586 44 Railway G u id e..................................... 683 Anatom y and Philosophy o f Banking............ 389 Ardnamurchan, Light-house o n ........................ 90 Assumpsit, action o f ............................................. 317 Austria, exports from Alexandria, Egypt, to . 556 11 treaty o f United States w ith.............. 436 A xes, how they are m a d e ................................... 582 B . Baltimore, vessels arrived and cleared in 1849 332 44 condition o f Banks of, in 1850------ 344 44 and O hio Railroad, statistics o f . . . 564 44 Board o f Trade, regulations o f ____ 438 44 Mutual Exchange and Bankinghouse in .......................................... 447 Bangor, Maine, lum ber trade o f ......................... 209 Bank, general administration o f a .................... 73 44 Merchants’ E xchange............................... 102 44 Mutual, o f deposit and discount............ 102 44 National, at Vienna................................... 103 44 A gency, O h io.............................................. 225 44 o f England, notes fo rg e d ......................... 229 44 44 bullion in the bank o f .........345 44 dividends o f South Carolina................... 573 44 Savings, o f Charleston.............................. 514 44 Bill, N ew Jersey, provisions o f .............. 422 44 Mutual, o f Baltim ore................................ 447 44 L on don and W estm inister..................... 449 44 Disclosure o f a Customer’ s A c c o u n t .. . 639 Bankruptcy and Banking, (George Bacon) 643, 311, 398 44 638 44 44 British fees in .................................. 103 Batavia, Java................................... 113 Banks o f State o f N ew Y o rk , condition o f 92, 443 44 in O hio, tax on the profits o f .................. 103 44 Securities for free circulat’ n o f N. Y ork 201 44 condition o f O h io........................................ 222 44 o f Massachusetts, condition o f ................ 227 44 Banks, Massachusetts Savings................ 232 44 o f the several States, condition o f ......... 227 44 condition o f Baltim ore............................. 344 44 and banking capital o f V erm ont.......... 344 44 condition o f N ew Y o rk City.......... 549, 572 44 dividends o f Boston........................... 446,573 44 and banking capital o f C on necticut.. . 574 44 dividends o f N ew Y o r k ........................... 550 44 and banking capital o f Rh ode Island.. 444 44 o f Massachusetts, dividends o f ............... 446 44 condition o f New O rleans...................... 451 44 Banks o f Ohio, condition o f ................... 650 44 history o f Savings, o f England.............. 660 44 condition o f Charleston.......................... 514 Banking, remarkable incident in ...................... 451 44 capital o f Massachusetts..................... 661 44 the objects o f ......................................... 449 44 Journal o f ........92, 222, 342, 441, 570 650 44 Gilbart’s Practical Treatise on........... 68 44 nature o f ................................................. 70 u Strachan’ s Anatomy and Pliil’phy o f 389 44 Utility o f .................................................. 71 44 notice o f Johnson’ s Treatise o n .____342 44 join t stock, extracts from Bell’s ___ 380 Barbour’ s Chancery reports................................ 197 Batavia, bankruptcy i n ......................................... 113 44 Java, passage from N ew Y o rk t o . . . 240 Beachy Head, R oyal Sovereign Shoal o f ........ 673 B eef Cattle, production o f in O hio, in 1848-49 84 Bell, Garvin Mason, biography o f .................... 377 Bills o f Exchange, English law o f . . . .314,637, 543 44 44 [law ca se ].............................. 198 44 o f Sight [law case]............ .......................... 74 Board o f Trade, the Baltim ore.......................... 438 B ook T rade....................121, 249, 363, 475, 587 697 Boots and Shoes, manufacture o f ...................... 691 Banker, Bullen, the rich ....................................... 103 44 T h e.................. 657 44 Ten Minutes advice about keeping a .. 653 Bankers, fraudulent preference t o .................... 638 Boston and Providence Railroad, statistics o f 464 IV IN D E X TO V O L . X X I I. Boston and Low ell Railroad, statistics o f ........ 465 Cliff Copper Mine o f Lake Superior................. 112 44 Mines, product o f ............................................ 351 “ “ W orcester Railroad, statistics of.. 464 “ “ Maine Railroad, statistics o f ......... 464 Coal trade o f L on d on ............................................ 87 44 experim ent with sem i-bitum inous.......... 110 “ navigation of, in 1849.............................. 210 44 im ported into U. States in 1849 ............... 212 44 bank dividends......................... 446,551, 573 44 consum ption of, in furnaces...................... 244 “ finances o f city of, in 1849...................... 451 44 trade, Pennsylvania, in 1849 .................... 333 Brazil, port o f Pataty in ....................................... 584 44 mines, Hydraulic pressure in ................... 690 44 coins and m oneys o f ................................ 661 w Internal and Funded Debt o f . .............. 661 Code, com mercial, o f Spain.......................... 73, 526 86 Breadstuffs, exports of, from U. States............ 213 Coffee, production o f C eylon.............. ’ .............. 44 export of, from Matanzas and Havana, British fees in bankruptcy.................................. 103 from 1825 to 1849................................... 562 44 Mail Steamships, voyages o f ........ 243, 461 44 exports from R io de Janeiro o f ......... i 697 Bullen, Christopher, the rich banker............... 103 Bullion in the Bank o f England........................ 345 Cohasset R o c k s ........................................................ 221 Business, a g o o d .................................................... 114 Coins, disco very o f ancient................................. 120 44 and m oneys o f Brazil................................. 661 “ a great and sm all................................ 115 “ men, excerpts fo r ............................... 120 Coinage o f U. States Mint in 1849.............. 450, 343 “ energetic devotion t o ........................ 695 Colum bia and Philad. Ralroad, business of.. 107 Commerce, influence of, on civilization.......... 247 C. 44 o f France in 1848.............................. 259 44 Alexandria, in E gypt...................... 555 California, com m erce w ith.................................. 208 44 effect of, in abolishing restrictions 44 ship’nts o f lum ber from Bangor to 209 “ gold, assay ofL.................................... 226 upon the transfer o f property.. 385 “ “ receipts o f . ................ ! ........... 320 Com m ercial Chronicle and R eview 78, 201, 319, 417, 547, 642 44 “ received at U . S. Mints. .418, 548 44 Statistics..84, 207, 326, 425, 555, 664 44 early discovery o f gold in .............. 585 “ German notices o f ............................. 483 44 Regulations88,213,334,436,575, 674 44 iron trade o f ...................................... 696 44 Cities and Tow ns o f U. States 54, 499 Camden and A m boy railroad Com pany........ 679 44 Code o f Spain............................73, 526 44 Sketches with pen and pencil. . 377 44 and A m boy Steamboat and Railroad L in es...................................................................... 570 44 customs o f St. L o u is.................. 674 Can ada, o f duties o f custom s in........................ 339 Com stock’s report o f cases.................................. 415 Canadian vs. Am erican tariff.............................. 563 Consignees, (law case,)......................................... 318 Canal Statistics.............. 104, 240, 355, 461,564, 676 Contracts, action on joint, (law case,).............. 198 44 coal in Virginia........................................... 109 Connecticut, banks and banking capital o f.. . . 574 44 shipments o f Pennsylvania in 1845-1849 204 44 manufacturing establishments o f 577 w business o f Cincinnati and T o le d o........ 468 44 R iver Railroad, statistics o f ........ 467 Canals, opening and closing o f New Y o rk ___ 106 44 finances of, in 1850....................... 658 44 tolls charged on New Y o r k ................... 424 Co-partnership, action for breach o f articles o f 543 44 com m erce o f New Y ork, 1849............. 355 Copper Mine, Cliff, Lake Superior.................... 112 “ com m erce o f the N ew Y o rk ................ 617 44 ores, im provem ent in sm elting............ 239 Cardenas, Cuba, com m ercial privileges o f .. . . 219 Coral shoal in Straits o f Sundy.......................... 341 Cattle imported into England from Ireland... 120 Cardenas, exports o f molasses from .................. 432 Central Railroad o f G eorgia................................ 104 ; Corporation laws o f Indiana............................... 88 Ceylon, coffee production of, in 1848-49.......... 86 Cotton, condition and prospects o f manufac tures in 1849......................................... 26 Chagres, o f shipments t o ......................... ’. ......... 441 44 cloths, prices o f ......................................... 34 Change o f tare on r ice ........................................... 440 44 goods, manufacture o f in the South.. 107 Charleston, S. C., com m ercial description o f.. 499 u 44 statistics o f com m erce and 44 singular speculation i n ............................ 119 44 culture and manufacture o f ............ 184, 290 navigation o f .............. 501, 516 44 exports from U. States............................ 205 44 44 banks and capital o f ........... 514 Chicago, statistics o f trade o f .............................. 211 44 manufactures o f Massachusetts............ 234 14 trade, position and prospects o f ........... 248 China, tea exported from , in 1847-48.............. 23 44 exports o f tea from , to England............ 159 44 export of, from Uuited States in 1849 . 329 44 seas, rock or shoal in .............................. 341 44 manufactures o f V erm ont....................... 353 Cicnfuegos, exports of, in 1849.......................... 563 44 manufacturing Establishes o f N. Y ork 584 44 spinning in various parts o f the w orld 686 Cincinnati, rolling mills in and near................ 111 14 Canal, business o f .............................. 468 44 Im ports of, into Great Britain............... 670 44 exports of, from Charleston, 1789-1848 504 44 bank agency at............................... . 225 44 rec’ ved at Charlest’ n, from 1834 to 1848 513 44 grocery trade o f ................................. 362 44 sugar refinery fo r ............................... 354 44 manufacture of, in M ississippi............. 581 44 manufacturing establishm’ts o f Conn. 577 44 Mercantile Library Association o f 360 Circassia, or a tour to the Caucasus, Ditson’ s. 413 44 w ool, prices at L ive rp o o l................. 433-436 IN D E X TO V O L . X X I I. V Cotton manufacturing establishments o f R. I. 452 Finance, journal o f ........ 92, 222, 342, 441, 570, 650 Counterfeit Am erican gold c o in ........................ 574 Finances o f M ichigan............................................ 131 “ N ew Y o rk .......................................... 230 Cuba, agricultural productions of, in 1849----- 561 “ com m erce, navigation and revenue o f . . 429 u Pennsylvania..................................... 231 “ exports and im ports o f ports o f .............. 430 “ M aryland............................................ 232 “ u o f molasses from .......................... 432 “ Massachusetts in 1849..................... 347 Currency, journal o f -----92, 222, 342, 441, 570, 650 “ New Jersey in 1849 ......................... 348 “ Interest—Production [J. S. R .] 403, 516 M W isc o n s in .................................. ; . . 349 “ 630 w O hio in 1849 ...................................... 570 “ Connecticut in 1850......................... 658 D. Day ten, O hio, manufactories o f ........................ Debt public, o f U. States in 1849..................... it and finances o f Virginia in 1849............ u u Georgia in 1849............. u “ South Carolina in 1849. « o f State o f Indiana...................................... u Michigan in 1849.................... “ u u O hio in 1849............................ a K entucky.................................. “ a “ Massachusetts in 1849........... tt tt N ew Y o r k ................................ tt tt Texas......................................... tt tt Pennsylvania........................... tt tt Louisiana................................. u o f Brazil Debts and finances o f the States o f the Union tt o f M aryland................................................. D ebtor, absent [law ca se ].................................... D eed b y a person in embarrassed circumst’ ces Delaware and Raritan Canal................ ............. 112 349 94 96 97 98 143 570 228 347 230 445 231 346 661 Fitchburg Railroad, statistics o f ........................ Flax cotton, m ethod o f manufacturing............ Flour received at Portland in 1849 .................. “ shipments of, at R ochester...................... “ exports of, from M ilw aukie.................... u R io de Janeiro m arket............................. Francis’ Chronicles and Character o f English Stock E xchange....................... France, com m erce o f in 1848.............................. “ exports from Alexandria, Egypt, to.. “ the revenue of, in 1849.......................... Frauds upon the U. States revenue.................. Fraudulent preference to bankers..................... Free Trade vs. Protective Tariff [R. Sully]406, French goods exported to U. States in 1846-48 “ Steam Navigation.................................... 466 239 208 328 329 666 173 259 556 441 216 638 635 554 683 131 G. 232 77 Gauging m erchandise.......................................... 338 640 Georgia, debt and finances o f in 1849.............. 96 679 “ Central Railroad o f .............................. 104 Deposits o f U. States Mint in 1849 .................. 343 “ railroads, statistics o f ........................... 568 Dishonored ch eck s................................................ 639 German notices o f California.............................. 483 D ouro, Light-house at the F oz o f th e.............. 221 “ manufactures, exhibition o f............... 458 Dry goods im ported into N ew Y o rk in 1849.. 85 “ railroads, expenses o f ........................... 681 “ N ew Y ork law relating to short Germany, shipping o f the northern States o f. 668 w measure o f ....................................... 576 Gilbart’ s Practical Treatise on Banking.......... 68 Duties, assessment of, on m erchandise........... 219 Glasgow Steamship.............................................. 565 Duty on Pocket-handkerchiefs.......................... 339 G old coin , uniform ity o f U. States.................... 93 w “ counterfeit Am erican....................... 574 E . “ assay o f California...................................... 226 Eastern Railroad, statistics o f ............................. 464 u regions, geographical position o f............ 489 Eggs, econom y o f .................................................. 118 “ California, receipts o f .................................. 320 Egypt, com m erce o f Alexandria........................ 555 w “ received at IT. States Mint 418, 548 Electric telegraph in Prussia.............................. 116 “ deposited at U. States Mint in 1849 ........ 343 Endorsers, right o f [law ca s e ].............. .............. 198 “ early discovery of, in California.............. 585 England, m ining prospects o f ............................ 112 u and gold m in in g.......................................... 689 u consum ption o f tea in .......................... 157 “ export o f tea from China t o ................ 159 Goldsmid, Abram and Benjamin, sketch o f. 177 “ Bank of, bullion in ................................ 345 G oods sold and delivered [law c a s e ]................ 317 “ exports from Alexandria, Egypt, to. 556 Graniteville cotton manufactory....................... 350 “ navigation, laws o f ............................... 586 Great Britain, revenue o f ..................................... 663 “ Joint-Stock Companies o f ........ 663 “ price o f iron in ..................................... 688 u im ports o f Hops and Grains i n t o .. . 671 Grocery trade o f Cincinnati................................. 362 w early history o f Savings Banks o f .. . 660 Great Circle sailing................................................ 672 English Stock E xchange....................................... 173 Guano, import o f into England........................ 671 “ law o f bills o f exchange........................ 555 Gutta Percha, its uses, & c ................................... 456 “ Navigation L a w s..................................... 696 Guy, Thomas, Broker, sketch o f ........................ 173 i Erie Railroad, New Y o rk an d............................ 371 H . Excerpts for business m en ................................... 120 Handkerchiefs, o f duty o n .................................. 339 Exchange, English L a w o f Bills o f .................. 637 Havana and U nion Railroad, statistics o f ----- 357 “ exports o f produce fro m ....................... 562 “ export o f molasses fro m ....................... 432 Fall R iver Railroad, statistics o f. 467' VI IN D E X TO V O L . X X I I. Hayti, new decree and tariff o f .......................... 332 Liquor business o f New Y ork in 1849 .............. 87 Hides, importation o f into New Y o r k .............. 212 L iverpool trade with A f r ic a .............................. 120 44 exports of, from R io de Janeiro............ 667 44 prices o f cotton w ool at.................... 433 44 tea trade o f ........................................... 160 History o f M oney.................................................. 612 Hogs, production of, in 1848-49 ........................ 84 London, coal trade o f ........................................... 87 Hops, import o f Am erican into England........ 671 44 stock exch an g e..................................... 105 Hudson River Railroad, history o f ......................278 44 and Westminster Bank...................... 449 Hqm ber, w reck off th e ......................................... 672 44 com m ercial swindling i n ................... 117 Hydraulic pressure in Coal Mines.................... 690 44 tea trade o f . ........................................... 161 Long Island Railroad, statistics o f ...................... 358 I. Indiana, Corporation laws o f .............................. 83 Louisiana, debt o f the State o f .......................... 346 # 44 State debt o f ........................................... 98 Low ell manufactures, statistics o f........................ 646 Lum ber trade o f Bangor in 1849........................ 209 44 general manufacturing law o f ............ 459 44 o f Q uebec in 1848-9 .................. 331 Indigo, production and consum ption o f.......... 671 Influence o f com m erce on civilization............ 237 Insurance, Life, principles o f . ............................ 34 44 the morality o f life ............................. 117 44 life (law case)..................................... 198 “ re44 .................................... 199 44 N ew Orleans, rates o f ....................... 216 44 its im portance..................................... 692 Integrity, character for......................................... 116 Interest tables, Oates’, ........................................... 99 44 o f m oney (D. Fosdick, J r . ) .......... 273, 492 ia . Mackerel fisheries o f Massachusetts in 1 8 4 9 .. 328 Maine, ship-building i n ....................................... 213 Matanzas, exports o f produce from ............433, 562 44 exports o f molasses from .................. 432 Manufacture o f cotton goods in the S outh----- 107 44 o f paints from z in c........................ 113 Manufactures, Journal o f 107,234, 350,452,577, 684 44 o f Dayton, O h io............................ 112 44 at the S o u t h .................................. 350 “ ..................................................................... 630 Manufacturing establishments o f Connecticut. 577 44 44 R hode Island 452 Interest.............................................................. 403, 516 44 law o f In dian a.............................. 459 Ireland, consum ption o f tea in............................ 157 Markets, R o m a n .................................................... 115 44 loans to railway com panies o f ............ 683 Maryland, debt and finances o f . ........................ 232 Irish light-house t o ll s ........................ 584 Massachusetts, insolvent laws o f....................... 77 Iron business o f W ales, increase o f .................. 240 44 railroads, comparat’ e expense. 242 44 trade o f Pennsylvania in 1848-9................ 582 44 condition o f banks o f.................... 227 44 and steel, difference betw een.......................582 44 savings institutions o f ....................234 44 pig, trade o f S cotla n d ................................ 457 44 manufactures o f ............................. 234 44 manufactures in Pittsburg.............. ......... 688 44 mackerel fisheries in 1849.......... 328 44 average price of, in England....................... 688 44 debt and finances of, in 1849.. 347 44 ships, econom y in buildin g...................... 691 44 law relating to alien passengers 575 44 built house for California........................... 696 44 dividends o f banks o f ................. 446 J. 44 statistics o f railroads o f . ............ 463 Jamaica tariff, changes in ..................................... 88 4i statistical view o f railroads o f. 676 44 n e w ................................................ 334 44 banking capital o f ...................... 661 James, General C. T., letter o f........................... 109 Measurement o f foreign deals............................. 119 Java, bankruptcy in B atavia.............................. 113 Measuring m erch andise....................................... 338 Johnson’ s treatise on banking............................ 342 Mercantile law cases----- 74,197, 314, 415, 543, 637 K . 44 Miscellanies.113, 245, 359, 472,555, 692 Kentucky, debt o f State o f ................................... 228 44 Library Association o f N ew Y ork, 246 K ey W est, w recking a t........................................ 340 44 Library Association o f Cincinnati.. 360 J j» 44 Library Association o f St. L o u is .. 585 Lake Superior, Cliff copper m ine o f ................ 112 44 Library Association o f M ontreal.. 473 Lands, origin o f conveyances o f ........................ 385 44 Library Company o f Philadelphia. 472 44 sales o f public, in M ichigan.................. 132 44 honesty.................................................. 693 Laurel S h o a l............................................................. 220 Merchandise, discounts o n .................................. 118 Lawrence, A . A ., on cotton m anufactures.. . . 26 Merchants’ Exchange Bank................................. 102 Lead, W hite, improvement in the manufac. o f 690 44 ships, Spanish cod e o f . . *................ 526 L eipzig, exhibition o f manufactures at............ 458 44 w id o w ........... ........................................ 474 Light on Minot’ s L edge........................................ 221 M exico, tariff o f ....................................................... 213 Light-house on A rdn am urch an........................ 90 Michigan, debts and finances o f . ........................ 131 44 on Ostergam’ 8 I s le t ........................ 91 44 stocks ow ned b y State o f . ................ 134 44 on Cape Sierra L e o n e .................... 220 Milwaukie, export o f flour, & c., from .............. 329 44 at the F oz o f D o u r o ........................ 221 Mines, product o f C liff......................................... 351 44 Lake E r ie .......................................... 221 Mining, Journal o f ........107, 234, 350, 452, 577, 684 44 on Sankaty H e a d ..................... 341 44 prospects o f E n gland............................. 112 44 tolls, Irish........................................... 584 g o ld ............................................................. 689 IN D E X Minor, suit to recover o f (law case).................. Mississippi, manufacture o f cotton in .............. Molasses, export of, from Matanzas and Ha vana, from 1825 to 1849................ 44 imports of, into Charleston................ M oney loaned, action to r e c o v e r ...................... “ maxim s on .................................................. 44 nature, & c., o f .......................................... 44 interest o f . ................................................. “ history and philosophy o f ...................... 44 philosophy of............................................. Montreal, Mercantile Library Association o f . . Mortality o f Baltimore.......................................... TO vol 76 581 Pennsylvania coal trade in 1849........................ 44 iron trade of, in 1848-9 ............... Philadelphia Library Com pany and Mer chants’ M a g a z in e ................... 44 w hisky trade o f ............................. 44 grocery trade o f ........................... 44 coinage o f the U. States mint at 44 mercantile library com pany o f. Philosophy o f m o n e y............................................ Pittsburg, iron manufactures in ........................ Portland, receipts o f flour at................................ Postage, practical w orking o f ch eap ................ P ric e : interest o f m o n e y ...................................... P roduction.............................................. 403, 516, Promissory notes, English law o f............. 543, Property, effect o f railroads upon value o f ___ 44 effect o f com m erce in abolishing re strictions upon the transfer o f ___ Prussia, electric telegraph in ............................... Purchasing merchandise fraudulently.............. 562 510 75 339 273 492 612 617 473 34 . x x ii. v ii 333 582 246 333 362 450 472 617 688 208 44 492 630 637 569 N. Nantucket S h oa ls.............................................90, 583 Nashua and Low ell railroad, statistics o f ........ 462 Nautical Intelligence___ 90, 220, 341, 470,553, 672 388 Navigation o f Baltimore in 1849........................ 332 116 44 laws, repeal o f British.................... 586 118 44 effect o f E n g lis h .............................. 696 Q. Navigators, im provements useful t o ................ 673 N ew Bedford railroad, statistics o f................... 466 Q uebec, lum ber trade of, in 1848-9.................. 331 N ew Jersey, finances of, in 1849........................ 348 R . 422 w bank bill, provisions o f..................... 687 Railroad statistics.......... 104, 240, 355, 461, 564, 676 44 zinc mines o f..................... N ew Orleans, rates o f insurance o f ................... 216 44 business o f Colum bia and Philadel. 107 44 routes to the P acific............................. 149 44 levee and wharfage dues............. 219 w condition o f banks o f................... 451 44 cars, action to recover for personal N ew Y ork , liquor business o f ............................. 87 injury by collision o f ........................ 200 44 banks, securities for circulation o f 201 44 Old Colony, statistics o f ....................... 241 550 44 bank d iv id en d s............................. 44 business o f Little M iam i..................... 244 44 canals, opening and closing o f .. . . 106 44 G uide, Pathfinder.................................. 244 44 canals, com m erce of, in 1849........ 355 44 Hudson River, history o f (Jervis) . . . 278 424 44 canals, tolls charged o n .................... 44 capacity o f Huds’n R iv’ r, for busin’s 285 44 city, valuation o f property of, 1849 101 44 influence o f Hudson R iv e r.................. 288 44 city, expenses of, in 184 6 -7 -8 ____ 448 44 Havana and Union, statistics o f .____ 357 549 4 4 stocks, decline in prices o f .................. 357 44 city banks, condition o f ................... 44 statistics o f R e a d in g ............................ 358 44 city banks, leading features o f . . .. 572 4 4 L on g Island, statistics o f ..................... 358 44 condition o f banks, State..92, 443, 549 44 navigation of, in 1849........................ 202 44 statistics o f Baltimore and O h io ____564 44 imports o f hides in to ........................ 210 44 Boston and W orcester......................... 568 “ debt and finances o f .......................... 230 44 statistics o f South Carolina................. 569 44 action for personal injury on ............. 546 “ inspections o f tobacco and stocks. 330 44 N ew Y o rk and E rie.............................. 271 “ imports o f Virginia into................... 330 44 W estern (Mass)...................................... 463 44 statistics o f production o f salt in .. 393 44 imports in to........................................ 331 44 Guide, Araericau........................ 467, 683 “ ship-building in, in 1849................. 460 Railroads betw een A lbany and Buffalo............ 106 44 buildings erected in city of, in 1834 44 in Massachusetts, expenses o f ........... 242 — 4 9 ................................................ 332 44 effect of, upon value o f property____ 564 “ foreign dry goods trade o f ............ 84 44 statistics o f G eorgia.............................. 565 44 prices o f stocks in .............................. 346 44 statistics o f N ew Y ork, in 1849......... 566 44 and Erie railway (E. D w igh t)____ 371 44 w hat they should b e com m ercially.. 679 44 grocery trade...................................... 362 44 expenses o f G e rm a n ............................ 681 44 and Glasgow staem ship................... 565 44 statistical view o f Massachusetts, in 44 statistical view o f railroads, in 1849 566 1849..................................................... 676 “ steam m arine...................................... 462 Railway Guide for N ew England States.......... 569 44 speculation, L o n d o n ............................ 105 44 Mercantile Library A ssociation... 246 44 com panies, loans to I r is h ................... 683 44 personal and real property o f .____ 659 44 city, expenditures of, in 1849 ___ 662 Reading railroad, statistics o f ............................. 358 u ocean steam m arine.......................... 682 Reef, discovery o f a new ...................................... 584 44 manufacturing establishments of. 684 Revenue from customs, expense o f collecting. 215 44 o f France in 1849.................................... 441 44 manufacture o f boots and shoes in 691 44 o f Great Britain...................................... 663 O. Revenues and customs, o f collecting U. S ___ 337 Ocean steam marine, N ew Y ork........................ 682 Rh ode Island, manufacturing establishments.. 452 O hio, production o f hogs and b e e f cattle i n .. . 84 44 banks and banking capital o f . . 444 44 tax o n profits o f banks o f ........................ 103 R ice received at Charleston from 1834 to 1848 513 44 condition o f banks o f ....................... 222, 655 44 exports of, fm Cha’ ston, fm 1725 to 1848. 507 44 debts and finances of, in 1849.................. 570 44 change o f tare o n ........................................ 440 44 system o f assessing taxes in .................... 571 R io de Janeiro, trade and com m erce o f .......... 663 44 tax on banking com panies in.................. 675 44 imports and exports o f . . . 665, 668 Oil, prices o f ........................................................... 327 Rochester flour trade from 1847 to 1849.......... 328 O ld Colony r a ilr o a d ......................................241, 446 R ocks and shoals, discovery o f . ........................ 221 Overreaching in business..................................... 120 R ollin g mills in and near Cincinnati............. .! I l l Rom an m arkets..................................................... 115 P. Russian Em pire, extension of, in the E a s t. ! ! 413 Paints manufactured from zin c.......................... 113 S. Panama, o f shipments t o ...................................... 441 Paris Chamber o f Com m erce and Merchants’ Salt, production of, in the State o f N ew Y o rk 393 M a g a z in e............................................................. 245 44 im port of, into Charleston......................... 509 Pataty, port o f ............................................. 584 Sankaty Head, Light-house o n .......................... 341 Pennsylvania, debt and finances of.. .... .... 231 Sagua La Grande, exports of, in 1 8 4 7 -8 -9 .... 563 T ill IN D E X TO V O L . Scotland, pig iron trade o f .................................. Scroby Sand, Yarm outh...................... ................ Seas, union o f the Pacific and A tla n tic........... Shipbuilding in New Y o rk in 1849.................. 44 in M aine........................................ Ships, concerning brokers o f .............................. “ econom y in building i r o n ...................... Shoals, rocks, islands, & c ................90, 91, 220, 44 ship channel o f N antucket.................... “ off Beachy Head — .............................. Sicily, iron trade o f ............................................... Sierra Leone, light-house on C a pe................... Slave trade, A frica n.............................................. Smuggling in Russia............................................ 44 in L o n d o n .......................................... Soap, Cytherean cream o f ................................... South Carolina, debt and finances of in 1849 . “ 44 Railroad, statistics o f .. . . . 516, 44 44 bank dividends o f .................... 44 44 cultivation o f tea in................. Spain, navy o f ........................................................ 44 com mercial code o f ..........................73, Steam marine o f N ew Y o r k ............................... 44 navigation, F r e n c h .................................. 44 vessels, im proved m ethod o f navigating Steam boat statistics-----104, 240, 355, 461, 564, Steamships, voyages o f British m a il.........243, Steel, difference between iron a n d ................... St. Louis, foreign imports into, in 1849........... “ Mercantile Library Aasociation of. 44 produce received at, in 1 8 4 8 -4 9 .... 44 imports into, in 1849.......................... 44 prices o f produce at, in 1849............ w receipts o f customs a t....................... 44 com m ercial customs o f ..................... Stock Exchange, morals and manners o f ........ 44 action to recover manufact’ ng [law case] 44 joint, com panies o f England.................... Stocks, prices of, in N ew Y o rk .......................... 44 prices o f Am erican in L o n d o n ............ 44 issue o f United States............................ Strachan’ s, [James,] anatomy and philosophy o f banking............................................................ Sundy, shoal in Straits o f .................................... Sugar, imports of, into Charleston.................... 44 manufacture and refining o f......... 352, “ refinery for Cincinnati.............................. Suwarrow’ s Island laid dow n in charts........... Switzerland, the new tariff o f .............................. Syria, exports from Alexandria, Egypt, t o . . . T . Tariff, changes in Jam aica............................334, 44 new M exican............................................... w o f H ayti........................................................ w Canadian and A m erican.......................... w the new Swiss............................................ 44 o f 1846, classification o f seeds & c., in the 44 Protective vs. Free Trade........................ Taunton Branch Railroad, statistics o f ,........... Taxation o f N ew Y o r k ......................................... Taxes, system o f assessing, in O hio.................. Tea, and the tea trade.......................... .20, 155, 44 how to make g o o d ........................................ “ average price o f .................................... 161, 44 r.onsnmTVn o f. in F.no-InnH nnd Irela n d .. . 44 Smith’s letter on cultivation o f ................ 44 o f the consum ption of, in U. States.......... 44 export of, from E u rop e.............................. Teas, Treasury circular relating t o .................... Texas, debt o f State o f ......................................... Thames and Medway, vessels boun d to .......... Tigne, Fort, shoal o n ............................................ T ob acco, trade o f Virginia in 1848.................. 44 importation of, in N ew Y ork, from 1834 to 1849....................................... T oledo, statistics and history o f ........................ 44 O hio, canal business o f ........................ Trade, Free, vs. Protective Tariffs..................... 44 Baltimore board o f .................................. 44 its origin, laws, and influe’ ce [BoutweU] 457 674 146 460 213 73 691 470 583 676 696 220 586 119 117 239 97 569 573 359 461 526 462 683 681 676 461 582 460 585 426 427 428 428 674 181 416 663 34 642 643 389 341 509 689 354 341 437 557 88 213 335 563 437 440 635 466 659 571 530 25 156 157 359 534 534 576 445 470 91 86 330 211 468 406 438 596 X X I I. I Trade and com m erce o f the N ew Y o rk canals 622 Treasury Notes, U. States, outstanding, 93,343, 451, 573 44 strictures upon report o f Secretary o f 406 44 circulars, u . States.......................440, 441 . Treaty o f Com m erce and Navigation between U. States and Austria............................ ...... 436 : Turkey, exports fro m ............................................ 557 Tuscany, exports from Alexandria, E gypt, to 557 IT . United States, Treasury Notes outstanding 93, 573, 451, 343, 660 44 gold coin o f ................................... 93 44 Mint, coinage o f ..............................450 44 treaty of, with Austria............... 436 44 Treasury Circulars 215,216, 219 337, 576, 338, 339 44 com m ercial cities and towns o f 499 44 consum ption o f tea in ................ 534 44 public debt of, in 1849 ............... 349 44 coinage o f mint of, in 1 8 4 9 .... 343 44 imports from France in to......... 271 44 whale fishery, in 1849 ................. 326 44 export o f cotton from , in 1849. 329 44 exports o f ...................................... 205 44 im port o f coal in to........................212 44 exports o f breadstuff's................. 213 44 right o f States to tax th e ........... 199 14 exports o f tea from China t o . . 163 44 receipts and expenditures o f . . 663 Union o f the Seas.................................................. 146 Usury as to rights o f third persons................... 197 V. Venezuela, com m erce of, with other nations. Verm ont, banks and capital................................ 44 manufactories o f ................................... Vessels passing T uckem uck Shoal in 1 8 4 9 ... 44 arrived at New Y ork in 1849............... 44 boun d to Thames and M edw ay.......... 1Vienna, Austria, National Bank o f .................. 1 Virginia, canel coal i n ........................................ 44 tobacco im p ’ ted into N. Y ork in 1849 44 tobacco trade in 1848 .......................... Voyages o f British mail steam ships.................. 669 344 353 220 207 470 103 109 330 86 461 W . W ales, iron business o f ......................................... 240 W eighing m erchandise......................................... 338 W halebone, prices o f ............................................ 327 W hale fishery in 1849, statistics o f .................... 326 W heat, export of, from M ilw aukie................... 329 W hisky trade o f Philadelphia............................. 333 W ilm ington, navigation o f .................................. 673 W ine, imports of, into Charleston..................... 508 W ines, &.c„ Treasury Circular relating to ........ 576 W isconsin, finances o f State o f ........................... 349 W oolen , manufact’ ing establish’ nts o f R . Is l.. 455 44 manufactures o f Massachusetts........ 238 44 and other manufact’ing establish’ nts o f Connecticut................................... 577 44 o f V erm on t............................................. 354 44 manufacturing establish’ nts o f N. Y . 685 W orcester, Mass., com m erce, industry, & c., o f 54 44 44 valuation o f property o f . .. 60 44 County savings institution.............. 63 W orld’ s exhibition o f industry in 1851........... 109 W reck o ff the H um ber......................................... 672 W recking o f vessels at K ey W est.....................340 Y. Y ellow gold vs. black c o a l.................................. 460 Yarm outh, Scroby Sand................ 674 / . Zinc, manufacture o f paint fro m ...................... 113 44 mines o f N ew Jersey.................................. 687