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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. Scott, 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.

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......... 391

A.

Banks of Massachusetts, statistics of ... 603
Abuse of the credit system..

133
condition of South Carolina..

240
Act of United States, regulating appraisement

bullion, &c, of, in Europe

248
of merchandise...

479
of State of South Carolina..

496
* to provide for inspection of flour in 8. C. 366

condition of New York...

211
* reducing rates of postuge, &c., in U. S... 481

of Pennsylvania, condition of.... 723
of New York, passenger..

753

condition of, in different sections of
in relation to life insurance 755

the Union...

732
Adroit bank clerk

498

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

395
new feature of British.

104
Adulterations in trade.....

782
in Maine and Indiana.

392
Adulterated drags and medicines,

130

practical.
Advertising, the philosophy of

394
Africa, Western, irade and commerce of...

capital of Pennsylvania...

611
220

increase of, in Pennsylvania. 247
African sla ve trade, decline of..

650

Bankruptcy in England, statistics of... 752
Agency, mercantile..
46 Barcelona, pawnbrukiog in.

133
Agents and commission merchants

72
slave trade

650
Almaden, new quicksilver mining company. 771 Beef cattle, statistics of, in Ohio..

81
American castor oil..

113 Belgium, earwings of working people of..... 612
Antimony, manufacture in U.S. of.
643 Benefits and evils of commerce

147
Archipelago, trade and piracy of Eastern.... 562 Berbice light ship

485
Arkansas, trade and finances of...
110 Bills of exchange, rates of..

209
Atlantic steamships, passages of....

342
English law of..

200
and Pacific telegraph...

559

and notes, grace in Kentucky on........ 495
Auction, fraudulent sales at
... 520 Blunt's ship master's 888istant

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

520
Austrian tobacco munvpoly in Hungary. 367 Book trade ... .... 135, 267, 397, 523, 651, 785
Australia, trade of ........
478 Books on finance and banking..

738
Bosion, exports of bools and shoes from 227
B.

of ice from

227
Baltimore, foreign commerce of

228

of cotton goods from.. 226
inspection of breadstuffs at...

debt and finances of.
750

02
statistics of tobacco trade of..

banks, dividends of...
623

743
savings banks of.

612
navigation at port of

225
condition of banks of

247
receipts of cution at..

227
stock market in 1850

stock dividends paid in
493

239
Price Current vs. Merchants' Mag. 515 Brazil, post-office regulations of..

trade between California and

230
Banca Straits, shoal in

90
634

Brazilian teas....
Bankers, creditors of insolvent..

265
488
Banker, character of an American

Breadstuffs, prices of, at Philadelphia..
249

619
Bank dividends, New York city

at London and Paris
595

266
New England Suffolk System.

importation of into U.S.
316

215
Breweries and distilleries
479, 577, 707

120
di Commercial, of Rio Janeiro...

Bread, average price of, in France
497

622
directors, duties and omissions of..

British steam navigation in the Pacific..
431

124
of Georgia, condition of.

factories, statistics of..
736

375
Banks, incorporated, of the city of New York 386

navigation act, Rodet's report on 23
of State of South Carolina..

banking, new feature of..

104
101
condition of Ohio

navigation laws...
.91, 487

517
value of bills of broken

produce sold in Covent Garden market 369

100
management of....

mining interest.......
169

264
free, of State of New York.

patent law, amendment of..
384

769
of Massachusetts, condition of ....241, 488
Buffalo, imports of four, etc. at .

229
condition of New York city..

imports from Canada into
604

369
of New Orleans

Bullion and circulation of banks of Europe.. 248

242
in Boston, dividends of..

743
leading features of New York city 592
sa tings, of Baltimore..
612 Cadiz, foreign trade with .....

GO
of Baltimore, condition of
247 | California guld, relative value of...

19

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218

66

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California, Point Conception in..
633 Commercial Chronicle and Review...

73 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...... 783 discovery of lead mine in... 263

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

393 finances of State of...

495
fleet of Norway....

476 mnines and mining.

647

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

647
cities of U.S..

298, 540 mails. ...

90

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

772 Commission merchants, decision relative to.. 79 mines of.. 772 Connecticut, tonnage, etc., of.........

228 new coin in

744 gold, fineness and value of..

expenses, etc., of state prison of. 108 733 stoppage of factories in

261 « railroads in....... 766 Constitution of Ohio.........

739 Camden and Amboy railroad company........ 764 Cooperage, improvements in..

770 Camlet Lustres, excess of duties on.

70 Copal and copal varnish, different kinds of... 514 Canada, exports from, to Buffalo... 362 Copper mines of Pennsylvania..

120 trade between U.S. and..

coinage of, at Philadelphia.......

388 imports and exports of...

745
mines of Lake Superior..

514 Canals, commerce of New York

127
in Mexico.

512 tolls and tonnage of New York 447 Cordage machine, Slaughter's patent. 119, 646 Canal tolls in New York, 1851.. 642 Curn crops of Ohio.

618 statistics. ....... 123, 258, 376, 499, 635, 764 Corporations, liability of railroad..

458 6 tolls on Illinois and Michigan

126 Cotion goods, exports of, from Bostun. 226 opening and closing of Lehigh.

261
receipts of, at Boston...

227 Cannellon cotton factory

513
factory at Cannellon, Indiana.

513 Castor oil, manufacture 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 Catawbà wine.....

396
factories, patent size for ..

116 Charleston, S. C., foreign commerce of... 229

and wool cards, improved .

119 Cheese, receipts and exports of

82

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

84

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

719
factories in Maryland in 1850

374 Cincinnati, price of hogs in.

622
effects of lightning on

650 Cienfuegos, light at entrance of bay of... 633

importation of, into Liverpool........... 750 Coast survey of the U.S...

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

784 Clerk, an adroit bank

498

cloth, cust of manufact'ring, at Granitehow to reform a dishonest..

134
ville, S. C...

770 Coal, cost of transporting. 646 Counterfeit gold coin ..

93 511 Credit system, abuses of.

133 “ 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...

231 adulteration of.. 395 Currency, Interest, Production...

.181, 607 proposed reduction of duty on ....... 479 Currency of New England, and the Suffolk 5 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 dollars

245

D. deposits of gold for.

97 statistics of, from 1824 to 1850

740 Dahlonega, mint at.

97
of U. 8. mint ....

611
Debt and finances of Arkansas..

111 three cent pieces in U.S.

484
4 Missouri..

495 coinage of gold, silver, and copper at

66 Boston
U.S. mint, Phila

388
« South Carolina.

107 of Great Britain in 1849

4 Mlinois

245 Coin, scarcity of silver......

392
“ Vermont..

106 and bullion, innport and export of

* Texas. 99

110 Coins, spurious, Spanish and American

" Ohio 237

105 mint value of gold and silver..

94
of Pennsylvania..

247 Collision at sea, action relating to.

16 Indiana..

243 205 Columbia River, sailing directions for.

245 “ New York city

128 Columbia railroad, freight on...

126
“ public, of United States..

253 Commerce and navigation of U. 8. in 1849-50 351

Delaware and Hudson Canal and Railroad... 757 Commercial regulations of San Francisco.... 631

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

332

Directors, who are bank ?.... of France in 1849.

284

Distilleries and breweries
of each State of U.S.

615
Drugs, adulterated..

130
of lake and river ports..
616 Dry goods, imports, etc., of..

223 of Rio Janeiro

.474, 621

exports of, from U.S..
justice, and good faith.

396
Dubuque marble...

264
tbe merchant, or influence of.. 532
Duties on patent leather, vermilion, etc....

367 and conscience..

649

action to recover back excess of
of Lake Champlain
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.... 562 influence of upon language. 174 Economy, polítical, study of.

452, 700 Commercial decision, important.. 582 Effects of lightning on cotton...

650 legislation 780 | Emigration from Great Britain

478

6 for gas.

66

602

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237

66

66

83 432 120

66

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E.

488

122

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England, bankruptcy in....

742 Graniteville, S. C., cost of man'toring cloth at 779 English railways, progress of 505 Gray's nature of money

199 law of bills of exchange 200 Graklubben rock, sea beacon on

129 Enterprise and benevolence.. 134 Great Britain, revenue of..

496 Erie canal, histury of enlargement of.. 323

coinage of...

237 Equitable commerce...

332

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

248

food and raw materials imp'rted Exchange, English law of bills of.

200
into...

78 Expenditures of government of U. S

110
imports of breadstuffs into..

750 incomes of classes in..

727 Gutta Percha trade.

517 Factories, statistics of British...

375 statistics of Massachusetts.. 117

H. stopped, &c., in New England.... 264

370 Fall River Railroad

Hats, of the manufacture of..

261 Fillers for sea water..

132

Hawaiian Islands, commercial regulations of. 480 Finances of State of Wisconsin..

treaty with U, S..

85 492

376 Finance, journal of......91, 233, 334, 486 598, 727 Head rest for railroad car seats..... Finances of New Jersey. 242 Hides, import of river plate, into G't Britain. 522

80 California..

Hogs, statistics of Ohio.. 495

622 Virginia

price of, in Cincinnati... 103

125 Hudson River Railroad, travel on.. San Francisco.

246 United States..

736

Hungary, the Austrian lobacco monopoly in. 367 Fire Insurance, a legal decision

342 First plank road movement..

I.

63 France, average price of wheat and bread in 622 Ice, exports from Boston of....

227 foreign Commerce of.... 84

389 locomotive steam power of..

Illinois, debt and finances of.. 643

126 Commerce of, in 1849..

and Michigan Caval, tolls of 284

132 receipts and expenses of, 1814-48..:: 737 Imports, information in relation to..

369 Fraudolent sales at auction..

Timprovement on the ship wiuch.... 520

628

Incorporation act of lowa... Frauds by foreign manufacturers.

642

India, railroads in....
Free Trade, vs. Protective Tariffs.

569
market for cotton in

649
principles of .....
53

243 Indiana, State debt of.. Peel's motives for advocating... 522

railroads in,...

125, 261 Freight, law relating to 191

392

banking in...
on the Columbia Railroad..
126 ' Industrial Exhibition...

391
policies on....
202

174

Influence of Commerce upon language French Mint, direcior of, on gold question... 250 Insurance, marine, at New Orleans..

634 cotton trade, etc.... 784

342

fire, a legal decision.....
systein of valuations..
284

626

tariff of, on cotton.. Flax, pro luction of.... 118

531

life, what is it?.... seed, culture of, in Illinois, etc.

512 " and its manufacture...

507

of passengers on ra’ays in London 405 ts. the cotton question...

companies of Massachusetts...... 490 769

755

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

771 Flour imported into Rio Janerio...

Integrity, the foundation of mercantile char'r 648

621 manufacture at St. Louis of.

263

Internal improvements in State of New York 34 # and whent, impo:ts of, at Buffalo...

156, 323, 447

229 * inspection of, in South Carolina..

Internal management of a country bank...... 169 366

628

lowa, general corporation law of... Fog screamer and ventilator, palent... 257

513

Iron mines in Mexico...... Foreign Commerce of Portland. 361

514

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

267
Iron, manufacture of continuous.

122 Imports, treasury circular relating to. 751

Incomes of middle and upper classes in Eng. 727 Gas, coal for.. 511 Ireland, commerce of...

748 Georgia, the railroads of...

381
cu tivation of flax in.

771 bank of

736 Glags, manufacture of, by machinery

112

J. anitoals, manufacture of..

508 Gold of California.. 251 Japan, rocks and shoals on coast of....

485 u is it fallen or silver risen..

276 Jewelry, manufacture of, New Jersey. 645 American, from New York to London.. 350 Johnson, A. B. character of....

249 46 relative market value of.......

19 Journal of banking, finance and currency. 91 6 at the New Orleans Mint..

96

233, 384, 486, 598, 727 “ deposits of American, for coinage. 97 Journal of Mer'tile Law. 66, 200, 340, 457, 582 714 * present and prospective value of... 275

mining and manufactures

10 4 question, Director of French Mint on.. 250

262, 379,507, 643, 767 * production in Russia of....... 498 Jewels, crown of England.

741 4 coinage at Rio Janerio...

497 export from California of...

387 " and silver coinage of U.S. Mint. 388 coins, Mint value of...

94 Kentucky, value of taxable property of...... 99 * California native leaf..

647

grace on bills and notes in.. 495 4 coin, counterfeit... 93 Key West, wrecks al, in 1850...

368 * dollars, coinage of .

245

L. 4 coinage of mints in Mexico.

386 u how a depreciation would effect us. 277 Lace, excess of duties on...

70 « less valuable as its se urces diminish.. 270 Lake trade of the U.S.

217 fineness and value of California....... 733 * Champlain, Commerce of..

82 " of the discovery of, in California 768 4 Superior copper and iron mines...

514 * mining, profits in California of.... ..... 777 | Language, influence of Cominerce upon ..... 174

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