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MERCHANTS' MAGAZINE

AND

COMMERCIAL REVIEW.

CONDUCTED BY FREEMAN HUNT,

EDITOR OF THE LIBRARY OF COMMERCE, ETC.; CORRESPONDING MEMBER OF THE AMERICAN AND LONDON

STATISTICAL SOCIETIES; MEMBER OF THE NEW YORK HISTORICAL SOCIETY ; HONORARY
MEMBER OF THE MERCANTILE LIBRARY ASSOCIATIONS OF NEW YORK, PHILA-
DELPHIA, BOSTON, BALTIMORE, LOUISVILLE, CHARLESTON, AND

CINCINNATI, ETC.

VOLUME TWENTY-FOUR.

FROM JANUARY TO JUNE, INCLUSIVE, 1851.

New York:
PUBLISHED AT 142 FULTON-STREET.

1851.

CONTRIBUTORS

TO THE TWENTY-FOURTH VOLUME OF THE MERCHANTS’MAGAZINE AND COMMERCIAL REVIEW.

STEPHEN P. ANDREWS, Esq., of New York.
George Bacon, Esq., Manufacturer, of New York.
David M. Balfour, Esq., Merchant, of Massachusetts.
SAMUEL BEMAN, Esq., of New York.
WILLIAM H. BOGART, Esq., Clerk of the New York State Senate.
J. C. COCHRANE, Esq., Counselor at Law, of Rochester, New York.
T. F. Cram, Captain United States Topographical Corps of Engineers.
E. H. Derby, Esq., of Massachusetts.
THOMAS O. Dorr, Esq., of the New York Bar.
PROFESSOR JAMES FERGUSON, of the National Observatory, Washington.
Hon. A. C. Flagg, late Controller of the State of New York.
THOMAS R. FOSTER, Esq., Merchant, of New York.
Hon. M. R. H. GARNETT, of Virginia.
WILLIAM A. GLIDDON, Esq., late acting American Consul at Cairo, Egypt.
David R. JAQUES, Esq., of the New York Bar.
A. B. Johnson, Esq., President of the Ontario (Branch) Bank-Author of "a

Treatise on Banking, etc.”
Hon. GEORGE P. MARSH, Minister of the United States at Constantinople.
THOMAS Prosser, Esq., Manufacturer, of New York.
M. D. L. Rodet, of the Paris Chamber of Commerce.
A. R. Rider, Esq., of the New York Bar.
J. S. Ropes, Esq., Merchant, of Massachnsetts.
GEORGE R. RUSSELL, LL D., Merchant, of Massachusetts.
J. W. Scort, Esq., Counselor at Law, of Ohio.
Hon. E. G. SQUIER, late Minister of the United States to Central America.
Hon. F. O. J. SMITH, of Maine.
Richard Sulley, Esq., of New York.
Hon. George TUCKER, late Professor in the University of Virginia, and
FREEMAN Hunt, Editor and Proprietor of the Merchants' Magazine, etc.

fineral

INDEX TO VOL. XXIV.,

FROM JANUARY TO JUNE, INCLUSIVE, 1851.

A

.

.. 248

. 496

2

753

81

110 Bill

495

738

Banks of Massachusetts, statistics of ..
Abuse of the credit system....

133
condition of South Carolina...

240
Act of United States, regulating appraisement

bullion, &c, of, in Europe ..........
of merchandise........

479

of State of South Carolina.....
* to provide for inspection of flour in d. C. 366

condition of New York .....

211
* reducing rates of postage, &c., in U.S...

481

of Pennsylvania, condition of...
# of New York, passenger................

66 condition of, in different sections of
# *
in relation to life insurance

the Uuion..............
Adroit bank clerk ......

Banking, Journal of....91, 233, 384, 486, 598, 727
Adulteration of coffee and pepper...

395
new feature of British.....

104
Adulterations in trade......

in Maine and Indiana.....

392
Adulterated drags and medicines.....

practical ................

391
Advertising, the philosophy of .......

capital of Pennsylvania..... ..... 611
Africa, Western, trade and commerce of

* increase of, in Pennsylvania, 247
African slave trade, decline of....

Bankruptcy in England, statistics of.. 752
Agency, mercantile.......

Barcelona, pawnbrukiog in....

133
Agents and commission merchants.

slave trade .....................

650
Almaden, new quicksilver mining company. Beef cattle, statistics of, in Ohio.........
American castor oil.........

Belgium, earungs of working people of.. 612
Aptimony, manufacture in U, S. of ......... Benefits and evils of commerce.

147
Archipelago, trade and piracy of Eastern.... Berbice light ship .....

485
Arkansas, trade and finances of..

Bills of exchange, rates of.....

209
Atlantic steamships, passages of....

3H2
English law of.....

200
66 and Pacific telegraph........ 559 " and notes, grace in Kentucky on....
Auction, fraudulent sales at ......
520 Blunt's ship master's 888lstunt ....

460
Austria, modification of tarid of...... 521 Rokhara, trade and traders of...............

520
Austrian tobacco munvpoly in Hungary..

Book trade ........... 135, 267, 397, 523, 651, 785
Australia, trade of .....

18 Books on finance and banking.....

Boston, exports of bools and shoes from . 227
B.

is of ice from ....

227

" of cotton goods from.
Baltimore, foreign commerce of ....

228
debt and finances of.....

602
inspection of breadstuffs at.....

banks, dividends of......

743
statistics of tobacco trade of..

navigation at port of ....
savings banks of ..........

receipts of cotton at.....

227
condition of banks of....

27
stock dividends paid in .....

239
stock market in 1850.

.. 493

66 trade between California and ... 230
Price Current vs. Merchants' Mag. 51
Brazil, post-office regulations of.........

. 90
Banca Straits, shoal in ...........

Brazilian teas.............................. 265
Bankers, creditory of insolvent.......

Breadstuffs, prices of, at Philadelphia.....

619
Banker, character of an American ...

at London and Paris .. 266
Bank dividends, New York city

595

importation of into U.S........ 215
· New England Suffolk System.....

479,
Breweries and distilleries ....

120
707

Bread, average price of, in France ......
Commercial, of Rio Janeiro......

British steam navigation in the Pacific......
* directors, duties and omissions of ......

factories, statistics of.........
of Georgia, condition of........

736

u navigation act, Rodet's report on ...
Banks, incorporated, of the city of New Yor
of State of South Carolina........

banking, new feature of...........
.. 101

navigation laws... ............... 517
condition of Ohio ......

produce sold in Covent Garden market 369
value of bills of broken......

100

mining interest..................... 264
management of ..............

patent law, amendment of.... 769
free, of State of New York....
Buffalo, imports of flour, etc., at ............

229
of Massachusetts, condition of ....241

imports from Canada into .... 362
condition of New York city.....

6041

Bullion aud circulation of banks of Europe.. 248
* or New Orleans .....

242
in Boston, dividends of......

743
leadling features of New Yor

592
sa tings, of Baltimore....

612 Cadiz, foreign trade with................... Go
or Baltimore, condition of ....... 247 | California guld, relative value of........... 19

• 226

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263

.... 393

495

17

369

218

388

512

513

513

116

.............

633

California, Point Conception in........... 633 Commercial Chronicle and Review.......... the gold of .............

251

206, 345, 462, 593, 721 exports of Baltimore to.....

228

supremacy of Pacific coast....... 779 gold at New Orleans Mint...

96

value of cargoes and lives......... discovery of lead mine in..

Statistics.. 80, 212, 351, 467, 613, 744 exports of gold from ...

387

Regulations 85, 230, 363, 479, 624, 751 trade between Boston and..

230

supremacy ....... finances of State of..

fleet of Norway................ 476 mnines and mining...

cos., responsibility of men in.... 518 native leaf gold ......

cities of U.S.....

. ...............298, 540 m ails............

regulations of the Hawaiian Isles 480 gold, mining profits of..

Commission merchants, decision relative to.. 79 mines of. Connecticut, tonnage, etc., of................

... 228 new coin in ...

744

expenses, etc., of state prison of. 108 gold, fineness and value of.... 733

stoppage of factories in ........ 261 railroads in......... 766 Constitution of Ohio.......

739 Carnden and Amboy railroad company.... 764 | Cooperage, improvements in.....

770 Camlet Lustres, excess of duties on.

Copal and copal varnish, different kinds of... 514 Canada, exports from, to Buffalo..

Copper mines of Pennsylvania..

....... 120 * trade between U.S. and..

coinage of, at Philadelphia.. imports and exports of.....

745

mines of Lake Superior......... Canals, commerce of New York ........

* in Mexico................: 6 tolls and tonnage of New York ...... 447 | Cordage machine, Slaughter's patent....119, 646 Canal tolls in New York, 1851.....

Curn crops of Ohio......................

618 4 statistics........123, 258, 376, 49 | Corporations, liability of railroad.....

458 “ tolls on Illinois and Michigan ..

Cotton goods, exports of, from Boston..

226 opening and closing of Lehigh.

receipts of, at Boston......

227 Cannelton cotton factory ......

factory at Cannellon, Indiana... Castor oil, inanufacture of American..

113
presses and warehouses ..........

266 Cargoes and lives, value of........

783
in India, market for..........

649 Catadioptric light................

128

New Orleans tariff of insurance on.... 626 Catawba wine......

396

factories, patent size for ....... Charleston, S. C., foreign commerce of

and wool cards, improved....

119 Cheese, receipts and exports of ....

exported from U.S., from 1843-50.... 75 China tea trade, statistics of ...

manufactures, imports and exports of. 80 6 exports of tea from, to U.S

factories in Maryland in 1850........ 374 Cincinnati, price of hogs in......

622

effects of lightning on ............... Cienfuegos, light at entrance of bay of.

importation of, into Liverpool.......... Coast survey of the U.S.

369
trade, the French ........

............ 784 Clerk, an adroit bank ......

498

cloth, cost of manufact'ring, at Granite6 how to reform a dishonest...

134

ville, S. C......... Coal, cost of transporting..........

646 Counterfeit gold coin .... 56 for gas...................

511 Credit system, abuses or............... * importation of, into U.S....... 214 Creditors of insolvent banks, etc.........

488 Coffee, action to recover back money paid for 343 Cuba, synopsis of tariff of........ 6 adulteration of......

395 Currency, Interest, Production........... proposed reduction of duty on . 479 Currency of New England, and the Suffolk importation of, into U.S.....

217! Bank System....... ..........316, 439, 707 Coinage of gold and silver at Rio Janeiro.... 497 Custom-houses, erection of, in U.S.......... 91 copper, of William IV....

494 of gold dollarg .........

D. deposits of gold for...... 06

Dahlonega, mint at...... statistics of, from 1824 to 1850

740 of U. 8. mint ..... Debt and finances of Arkansas....

111 6 Missouri......

495 three cent pieces in U.S....

66 Boston ......

602 coinage of gold, silver, and copper at

« South Carolina.... 107 U.S. mint, Phila . 6

245

Minois .......... of Great Britain in 1849 .... Coin, scarcity of silver...............

Vermont....... 392

66 Texas...... 6 and bullion, import and export of. 99

66 66 66 " Obio .. Coins, spurious, Spanish and American .. 4

247 mint value of gold and silver......

of Pennsylvania......
94
6

213 llision at sea, action relating to.......

16 Indiana............
205
66 « New York city......

245 Columbia River, sailing directions fe Columbia railroad, freight on....

" public, of United States..... Commerce and navigation of U.S. in 1849-50

Delaware and Hudson Canal und Railroad... Commercial regulations of San Francisco

Denmark, exports of ........... Commerce, equitable.....

Directors, who are bank ?.....

Distilleries and breweries ..... of each State of U, S....

130 Drugs, adulterated.... of lake and river ports....

Dry goods, imports, etc., of... of Rio Janeiro ..........

exports of, from U.S.....

Dubuque marble............
justice, and good faith.....
ibe merchant, or influence of....

Duties on patent leather, vermilion, etc... ... 367 and conscience......

action to recover back excess of ..... of Lake Champlain ...

E. of San Francisco ...

362 evils of .............

154 East Indies, commerce of U. S. with......... 477 benefits and evils of....... 147 Eastern Archipelago, trade and piracy of.....

influence of upon language...... 174 Economy, political, study of............. 452, 700 Commercial decision, important..

582 | Effects or lightning on cotton.. legislation .......

780 Emigration from Great Britain .....

...........

770

93 133

245

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237

128

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.... 199

129

496

Enterpri law or bill Progress of:

323

.. 517

375

70

85

80

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84

389

126

174

England, bankruptcy in...........

742 (Graniteville, S. C., cost of man'toring cloth at English railways, progress of .......

505 Gray's nature of money ..... law of bills of exchange ....

200 Graklubben rock, sea beacon on Enterprise and benevolence......

134 Great Britain, revenue of..... Erie canal, histury of enlargement of....

coinage of. Equitable commerce......

332

emigration of... Europe, bullion, etc., of banks of....

248

food and raw materials im Exchange, English law of bills of...

200

into.................. Expenditures of government of U. S .... 110

imports of breadstuffs into..

incomes of classes in.........

Gutta Percha trade..... Factories, statistics of British....

117 statistics of Massachusetts....

H. 5 stopped, &c., in New England...

264 Fall River Railroad ......

261

Hlats, of the manufacture of....... Filters for sea water.................

Hawaiian Islands, commercial regulations of.

treaty with U. S....... Finances of State of Wisconsin.....

lead rest for railroad car seats........

376 Finance, journal of......91, 233, 384, 4

522 Finances of New Jersey....

Hides, import of river plate, into G't Britain.
California....

Hogs, statistics of Ohio........
Virginia .............

622 103

price of, in Cincinnati.....
Hudson River Railroad, travel on........

125
San Francisco........
United States........

Hungary, the Austriin tobacco monopoly in.

736 Fire Insurance, a legal decision .....

342 First plank road movement...... France, average price of wheat and bread 622

Ice, exports from Boston of.......

227
foreign Commerce of....
locomotive steam power of.

Illinois, debt and finances of........
46 and Michigan Caval, tolls of ...

126
Commerce of, in 1849.....
Imports, information in relation to.

132 receipts and expenses of, 1814-48.... Fraudolent sales at auction.......

Timprovement on the ship winch...

369 Incorporation act of lowa..........

628 Frauds by foreign manufacturers...

India, railroads in......

642 Free Trade, vs. Protective Tariffs.

market for cotton in ..

649 principles of ... Peel's motives for advocating

Indiana, State debt of....

4 railroads in,...... Freight, law relating to .........

191 be

16 banking in........
on the Columbia Railroad..
Industrial Exhibition...........

391 policies on..................

202

Influence of Commerce upon language....
French Mint, director of, on gold question.

250
Insurance, marine, at New Orleans.

634 * cotton trade, etc..

fire, a legal decision......

342 systein of valuations...

tariff of, on cotton.

626 Flax, pro luction of.......

life, what is it?.........

531 seed, culture of, in Ilinois, etc..

512 66 and its manufacture.....

of passengers on ra'ays in London 405 504

companies of Massachusetts...... 490 5 vs. the cotton question.....

769

“ law of life, in New York ......... 755 * culture of, in Ireland......

Integrity, the foundation of mercantile char'r 648 Flour imported into Rio Janerio...

621 "

34 Internal improvements in State of New York manufacture at St. Louis of.......

156, 323, 447 and whent, impo: ts of, at Buffalo... 229

Internal management of a country bank.... 169 inspection of, in South Carolina.... lowa, general corporation law of...........

628 Fog screamer and ventilator, patent...

Iron mines in Mexico............

513 Foreign Commerce of Portland......

of Lake Superior ..... Fur fabric, new....................

Iron, manufacture of continuous.........
Imports, treasury circular relating to...... 751

Incomes of middle and upper classes in Eng.
Gas, coal for......

Ireland, commerce of...

.. 748 Georgia, the railroads of.........

cu tivation of flax in............... 771 4 bank of ........ Glags, manufacture of, by machinery .... * animals, manufacture of...

508 Gold of California...........

Japan, rocks and shoals on coast of..... 485 4 is it fallen or silver risen.....

276 Jewelry, manufacture of, New Jersey..... 645 American, from New York to London Johnsoni, A. B. character of....

249 relative market value of............... Journal of banking, finance and currency.... 91 at the New Orleans Mint.......

233, 384, 486, 598, 727 deposits of American, for coinage..

Journal of Mer'lile Law. 66, 200, 340, 457, 582 714 present and prospective value of.....

mining and manufactures .......

.. 111 question, Director of French Mint on

262, 379,507, 643, production in Russia of....

Jewels, crown of England .......

..741
coinage at Rio Janerio......
export from California of..

K .
and silver coinage of U.S. Mint.
coins, Midt value of...

Kentucky, value of taxable property of......
California native leaf...

grace on bills and notes in........ coin, counterfeit......

Key West, wrecks at, in 1850................

.. 368 « dollars, coinage of ....

connage of mints in Mexico....
" how a depreciation would effect us... 7 Lace, excess of duties on..

Jess valuable as its se urces diminish.... Lake trade of the U.S......
fineness and value of California........

* Champlain, Commerce of..........
of the discovery of, in Californis ..... | Superior copper and iron mines..... ... 514
inining, profits in California of......... 7

777 | Language, influence of Cominerce upon .....

514

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