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THE

MERCHANTS’

COMMERCIAL R E V I E W .

: Li :

*■ 1

-

; , i B {> I^T

B Y

*
W I L L . ‘A M b .

VOLUME

DANA.

F O R T Y -S E V E N T H ,

FR O M J U N E TO D ECEM BER, IN C L U S IV E , 1862.

N rro
WILLIAM

B. D A N A ,

H ork :

PUBLISHER

AND

PROPRIETOR,

CHAMBER OF COMMERCE AND UNDERWRITERS’ BUILDING,




Nos. 61

and

63 WILLIAM STREET.

1862.




OCT 311941

T fe lr -

' ^ cb o

o * j.

C O N T R I B U T O R S
TO

THE

F O R T Y - S E V E N T H

VOLUME

OF

THE

M E R C H A N T S ’ M A G A Z IN E A N D C O M M ER C IAL R E V IE W .

J. W . S cott , o f Toledo, Ohio.
J. A . W

heelock,

of Minnesota.

J o h n S a v a g e , of New York.
Hon.- A . B. J o h n so n , of Utica, New York.
H on. S. B . R u g g le s , of New York.
T h om as P. K

ettell ,

of New York.

“ O. A . W , ” of New York.
C. F. W

reaks ,

L. De W

itt

Prof. A . W
W

il l ia m

Secretary Neptune Marine Insurance Co., N . Y

B lo o d g o o d , o f New York.

in o h e l l ,

o f Ann Arbor, Mich.

B . D a n a , of New York.

E m anuel W

e is s ,

of New York.

H . H o w s o n , of Philadelphia.
P. A nd erso n , of Lowell, Mass.







ALPHABETICAL INDEX
TO SUBJECTS CONTAINED IN THE

MERCHANTS’

MAGAZINE

AND

COMMERCIAL

REVIEW,

V olum e X L V II.

FROM JUNE TO DECEMBER, 1862, BOTH INCLUSIVE.
E D IT E D BY W I L L I A M B. D A N A .

PAGE

A.
TAGK

Agriculture, statistics o f.....................
“
population &c„ of U. S.
“
productions of—Census
Report..................... ....
Agricultural statistics of Ireland in
1862 ..................................................
American jute.......................................
Atlantic telegraph................................
Auctioneer— how far he is bound to
accept bids ......................................
Austrian anecdote...............
... ■
Austria, debt o f..................... . ............
Averages, general consolidation. . . .

444
653
448
451
527
369
565
413
493
67
305

B.
Balance of trade.................................... 477
Bank of England—access to bullion
ro o m .....................................................177
Banks in the United States..................381
Bank of England returns,
63, 190, 381, 471, 550
“
“
paper stolen .........385
“ o f France, returns of.................... 472
Banks of Wisconsin......................... 64, 475
“
of Illinois.................................... 476
“
circulation o f............................. 635
“
must take out brokers’ licenses 481
“ of New York State................... 544
“ of Massachusetts, returns......... 546
“ of Pennsylvania, returns..........548
“
of Rhode Island, returns.......... 549
“ of New Jersey, returns............. 550
“ of New Hampshire...................... 550
Bank returns, Providence weekly,
62, 190, 380, 470, 549




Bank returns, New York city,
61, 188, 378, 468, 546
“
Philadelphia,
61, 188, 379, 469, 548
“
Boston weekly,
62, 189, 379, 469, 547
Banks and the tax b i l l ..........................386
Banking, currency, and finance,
61, 378, 188, 468, 544
Bank returns, Iow a.............................
63
“
O h io .............................
65
Bahama Islands, the currents among. 466
Balloon ascent at Wolverhampton. . . 485
Books, notices of n ew .......... 205, 397, 494
Brazil, coffee trade of.............................430
British Columbia gold district............ 80
“
consul on the cotton cro p .. . . 556
Buffalo Board of Trade....................... 182
Births, deaths, and marriages in Eng­
land and Wales................................. 204
C.

California, cultivation of opium i n .. . 522
Canada, wheat growing in....................454
“
lumber trade o f..................... 68
Canals of New York, net revenue.. . 443
Census report— productions of agri­
culture .............................................. 448
Cotton question— substitute—supply,
194,410, 368, 359
it census report ......................... 449
“ crop, British consul’s statement 556
(( tobacco, and sugar trade of
New Orleans......................... 434
u
cultivation in In d ia .........363, 191
«
“
in Jamaica............. 192
u
“
in Algeria............... 196

VI

INDEX TO VOLUME XLVII.
PAGE

Cotton cultivation in Trinidad.............t 68
“
“
in Central A frica .. 363
Copper in the Portage Lake district. 558
462
China, tea i n ................
“
its resources, its future, &c__ 128
“
trade........................................... 522
Cloth made of Indian corn husks.. . . 458
Commercial regulations. 68, 841,478, 566
“
intercourse— internal &■
coastwise................... .. 574
Counterfeiting on a large scale......... 580
Collectors of U. S., instructions to . . . 478
Currency terms explained.................. 489
“
American, in Canada . . . . 561
Cincinnati, trade and commerce of.... 427
Circulation—past and present........... 635
Coffee trade o f Brazil......................... 430
Chicago and Toledo in 1862 & 1962. 401
Commercial chronicle and revie ,v,
81, 150, 299, 333,419, 537
Canal enlargement im politic............. 27
“
memorial to Presi­
dent.................. 39
Cotton, supply o f........................... 60, 194
Canals of New Y ork................. 27, 39, 83
Canal, the Suez.............................
85
Ooenties reef........................................ 108
Commerce of United States................. 348
Commercial morality........................... 393
Coal mine in East India..................... 395
“ French........................................... 396
D.
Damage to cargo, what is evidence of 416
Debt of European nations................... 66
Dont like my business................
110
E.

England’s iron-cased navy. .102, 459,
England, petroleum oil act o f ...........
“
bank of, weekly returns,
63, 190, 381, 471,
“
debt o f.................................
Education in England, progress o f . ..
English and French navies.................
England and Wales, violent deaths..
Ericsson’s experiment on the Passaic.
F.

Federal finances examined.................
France, debt o f......................................
*
bank of, returns......................
“
her iron-clad navy, &c.. .102,
French budget for 1863 .....................
Finances o f Vermont...........................
“
national debt, <tc., investiga­
ted.....................................
Flower leaves in France.....................
Frauds, statute of........................ ..




466
417

Government securities, taxation, legal
decision....................... 476
“
postage stamped envel­
ops................................ 579
Gold mines of Nova Scotia................... 456
“ advanced value of, explained,
497, 512
Great Britain, shipping interest o f . . . 467
“
debt of........................... 66
“
paupers in.................... 200
General averages consolidation.......... 305
J I.
Hawaiian Islands, rice growing i n. . .
Hop trade..............................................
Hoarding precious metals...................
Hide trade, domestic...........................
Hunger a stimulant to activity..........
Hungarian wines..................................

437
436
490
53
396
556

I.
Illinois bank returns...............................476
Indian corn husks, paper and cloth
made o f ............................................ 458
Ireland, agricultural statistics o f ... . . 461
Iron-cased ships of France & England 459
“ cased navy of the United States 466
“ clad Passaic, experiment............ 662
“ plates, the preparation o f........... 457
“ Lake Superior..............................
77
“ trade meeting at Philadelphia.. 186
Italian railway...................................... 440
Indigo trade.......................................... 54
Iowa, State bank of.............................
63
Italy, debt o f........................................ 67
Insurance, journal o f..................... 175, 370
“
marine losses...............175, 370
“
companies’ war taxes.........371

J.
550
66
Jourdan, Theresa..................................489
101
102 Jute, the American................................ 527
110
L.
562
Lands, improved in 1 8 5 0 - 6 0 . 4 4 8
Law, Journal of Mercantile................. 413
Looking ahead..................................... 491
497 Lully, Raymond................................... 492
66 Liberality in business............................492
472 Lumber trade of Canada.................... 58
459 Lake Superior iron.............................
77
472 Lake Superior copper vs. Cornwall.. 199
475
M.
512
488 Massachusetts bank returns................ 546
391 Michigan, manufacture of salt i n . . . . 209

Vll

INDEX TO VOLUME XL V II.
PAGE

Michigan salt w ells........................ 197, 209
Minnesota, progress o f population in. 138
Mercantile law ..............................390, 413
Milk, consumption of, tfec............... 444
“ composition o f........................ 455
Mariners, notice to ............................ 446
Money goes as it com es.................... 491
“
panic, common sense in........ 490
Monitor, 15-inch gun fired inside tur­
ret of.................................................. 562
Mexico, debt o f..................................... 476
Mining, manufacture and art, Journal of,
77, 197
Missouri, Exploring the Upper......... 78
Mines in England, depth o f / ............. 79
Mineral and agricultural products of
United States............................... 553
Mercantilemiscellanies.llO, 395, 485, 579
Marine losses....................... 176, 178, 370
N.
Nautical intelligence...................... 108, 562
Navy of United States....................465
Navy of England.............................466
Navies and navy yards of England
and France................................ 102, 459
New York canals, revenue o f....... 443
Nova Scotia, gold mines o f ........... 456
New York city bank returns,
61, 188, 378, 546, 468
New York State bank returns...... 544
New Jersey bank returns................550
New Hampshire bank returns...... .... 550
New Orleans cotton, &c., tradeo f . . . 434
New Brunswick, census o f............ 98
Norway and its commerce..............530
Notes, checks, Ac., tax b ill............ 386
Notes on demand, when protested.. 390
“ payable in New York and made
in Kentucky .................................... 894

PAGE

Petroleum, old and new.....................
“
history o f.............................
“
damages from ....................
“
action of Brooklyn Coun­
cil, hasty........................
“
action against in England.
“
distillation o f . . . 147, 295,
“
its use as a fuel..................
Pennsylvania bank returns.................
Philadelphia weekly bank returns
61, 188. 379, 469,
“
board o f trade, Europe­
an line steamers........
Portage Lake district copper.............
Providence bank returns
62, 190, 380, 470,
Population, statistics of.___ 98, 200,
“
-of United States, eighth
census............................
“
flow of from country to
cities..............................
“
agriculture, <kc., of U. S .

17
17
105
105
127
826
559
548
548
180
558
549
372
372
376
553

R.
Railway, canal and telegraph statistics,
83, 364
“
through the Pyrenees.........438
“
bars, steel for........................ 442
“
Italian contract.................... 440
Railroads, tolls on, legal decision.... 441
“
in the United S t a te s .... 364
“
in France........................... 368
Revenue stam ps.................................. 566
Rhode Island bank returns............... 549
Rice growing in Hawaiian Island.. . 437
Real estate, stamp duty..................... 481
Russia, debt o f.....................................
67
S.

Salt trade of Poland........................... 436
Shipping interest of Great Britain.. .
O.
Ship, how property in can be trans­
ferred.................................................... 414
Ohio bank returns........................... 65
Shot-making, the discovery o f........... 560
Oil, business of rock....................... 79
Substitute for cotton....................
410
“ history of rock......................... 17
Sicily, trade and commerce o f........... 409
Opium, cultivation of, in California... 522 Stamp, must be canceled, by whom. 484
“
on bond and mortgage.......... 484
P.
Stamps on checks, &c ............................ 566
Speculation, vicissitudes o f................... 488
Pacific railroad act........................
87
Stevens’ battery.................................. 52
“
speech S. D. BloodStatistics of trade and com m erce.... 53
good.................. 313
Sugar, manufacture o f beet root. . . . 81
Paper, made in Europe first......... 385
Sailors deserting San Francisco.........392
“
made of Indian corn husks. . . . 458
Paris police, amusing historiette be­
T.
fore................................................. 487
Passaic, 15-inch gun fired inside tur­
Tax bill, official cop y............................. 224
ret.................................................. 562
“
“ index to.................................... 288
Paupers in England, Scotland and
“
“ decisions under..................... 566
Ireland.......................................... 200
“ law
decisions.. . .841, 386, 478, 484
Petroleum oil act of England.. . . . . . 417
“
“ as it affects banks ................ 386




v iii

INDEX TO VOLUME XLVII.
PAGE

PAGE

Taxation o f government securities. . 476 United States banks in census report. 381
“
“
population, agriculture
Tea in China........................................ 452
A mineral products of 553
Telegraph, Atlantic............................. 565
“
“
Government making
Tobacco, historical literary, Ac., No. 2 113
money in a new way 581
“
production o f.......................... 449
Toledo and Chicago in 1862 and 1962. 401
Trade and commerce o f Sicily........... 409
V.
“
“
“
of Cincinnati... 427
Tolls of railroads, legal d ecision .... 441 Vermont, finances o f............................. 475
Tariff act of 1 8 6 2 . . . .......................... 157 Venezuela, duties on imports in........ 484
Trade meeting at Philadelphia, of iron. 186
W.
Trade and commerce of the United
States................................................ 348
Wheat growing in Canada....................456
“ crop for 1862 in England and
TI.
France..................................... 446
United States Navy........................... 465 Wisconsin bank returns.................64, 415
“
“
commerce o f . .............. 348 Wool, production of, census report... 450
“
“
production, breadstuffs. 354
“ New Mexico trade.. ............... 356
Wines, Hungarian................................ 57
“
“
export of breadstuffs
from.......................... 355
“
of Hungary................................ 556
“
“
population of, 1860.. 372 W olf rock light-house........................... 108