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28.- Appleton's Popular Library of the best Authors. No. 1. Essays from the Lon.

don Times. 12mo., pp. 301. New York: D. Appleton & Co.

This is the commencement of a new enterprise which promises great entertainment
and gratification to the public. The selections from Authors, which will comprise some
of the earlier volumes of the series, consist of " Miscellanies from Hook," " John Fors-
ter's Life of Goldsmith,” “ The Yellow Plush Papers,” by Thackeray,“ Á Biography of
Jeremy Taylor," “ Leigh Hunt's Book for a Corner," &c. Surely if the mass of readers
do not find entertainment in such a collection we are at a loss to conceive where they
can seek for it. The first number before us consists of essays from the London Times,
a paper which is the leader of its class of publications, in ability and character. This
volume is extremely interesting and valuable.
29.- A History of Classical Literature. By K. W. Brown, M. A. Greek Literature.

8vo., pp. 536. Philadelphia: Lea & Blanchard.

An historical work on classical Literature, which shall meet the popular wants,
must neither be too learned and critical, nor so brief a summary as to be superficial
and imperfect. It is this medium which the author of these pages appears to bave
had in view in their preparation. With ample stores of learning at his command,
and with an elevated and pure taste, he has selected, with great discrimination, only
those particulars which are instructive, entertaining, and important to the general
scholar. He has therefore prepared a very attractive and readable work, which is also
one of the best general histories of Grecian literature which we possess.
30.—The Comical Creatures from Wurtemberg. Including the Story of Reynard the

Fox. With Twenty Illustrations, Drawn from the Stuffed Animals Contributed by
Herrman Ploucquet, of Stuttgart, to the Great Exhibition. 8vo., pp. 96. New
York: George P. Putnam.

As an illustration of some of the most amusing articles at the Crystal Palace, this
little work is quite pleasing. The cuts represent the display of stuffed animals in the
exhibition, which form one of the most amusing subjects in that vast collection. The
letter-press consists of a tale of Reynard the Fox, wbich has become as common as
household stories, on the continent of Europe, and is one of the most charming of the
popular tales.
31.-New Varieties af Gold and Silver Coins, Counterfeit Coins and Bullion, with

Mint Values. Second Edition, rearranged with numerous additions. By J. R.
ESKFELDT AND W. E. DUBOIS, Assayers of the Mint. To which is added a brief ac-
count of the collection of coins belonging to the Mint. 8vo., pp. 72. New York:
G. P. Putnam.

This is a new edition, with various improvements and enlargement, of a small work
issued some time since, which was designed as a convenient and authentic manual for
individuals or institutions dealing in the precious metals, especially in the California
trade. There is appended to it, “ A brief account of the collection of coins belonging
to the Mint of the United States," and many other additions calculated to render it
serviceable to the man of business and others.
32.— Homeopathic Domestic Physician : Containing the Treatment of Diseases ; with

Popular Explanations of Anatomy, Physiology, Higiene, and Hydropathy, also an
Abridged Materia Medica. By J. H. Pultze, M. D. 8vo., pp. 539. New York: A.
S. Barnes & Co.

The features of this work which commend it to the attention of all families, are the
safety of the practice, the clearness and simplicity of its directions, and the ease with
which any one can use it. Even those who are not homeopathists admit the value of
the system for all those ills which are not so violent as to require the most prompt and
severe remedies; all such, as well as the friends of the system, will find this an ad-
mirable book for family use.
33.- A Commentary on the Book of Proverbs. By Moses Stuart. 12mo., pp. 429.

New York : D. W. Dodd.

No American scholar has been better qualified to write a commentary on any of the books of the Old Testament than this learned professor. In the preparation of the present volume he has had two objects in view; to prepare, in the first place, a nucleus, for a practical commentary on the Book of Proverbs; secondly, to illustrate by the aid of this book those peculiar forms and idioms of the Hebrew language, which are more employed in this text than in the other portions of the Testament.

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34. Children : their Diseases and Hydropathic management in Health and Disease,

Designed as a Guide for Families and Physicians, By JOEL Snew, M. D. 12mo. New York: Fowlers & Wells.

This volume is designed to serve as a family guide on the treatment of diseases ac cording to the hydropathic principle. It is sensible, judicious, and contains a vast fund of useful and practical suggestions in addition to the peculiar system which it recommends. 35.—The New York Quarterly Review, Edited by A. G. REMINGTON. Vol. 1, March

No., 1852. pp. 134.

This, the first number of a new review, promises well. It contains some dozen articles, six of which are from the pen of the editor. They are written with ability, and furnish abundant evidence of capacity to conduct such a work. The leading paper of the number, on “ German Independence,” bears the impress of a sound judgment and good taste. An article, “ Palestine, by a Pilgrim,” bas the initials of the Rev. Frederic W. Holland, one of the most vigorous of our magazine and review writers. 36.-Tales and Traditions of Hungary. By THERESA PULSZKY. 12mo., pp. 346.

New York: J. S. Redfield.

As coming from the pen of one with whom the English is not the native language, these tales are remarkably well written. They display a delicate fancy and highly cultivated mind, and contain many very striking pictures of Hungarian life. 37.- Clovernook, or Recollections of our Neighborhood in the West. By ALIOR

Carey. 12mo, pp. 342. New York: J. S. Redfield. The scenes and incidents of Western life, which these pages describe, will be read with interest. They are written with great smoothness of language, and a truthfulness and delicacy of sentiment which is rare. 38.-New York Aristocracy; or Gems of Japonica-dom. By JOSEPH, with illustra

tions. 12mo. pp. 152. New York: C. B. Norton,

This is a clever thing in union with the illustrations, but a subject so full of good points might have been much better bandled. 39.—The Practical Arithmetic designed for the use of Schools and Academics, embra

cing every variety of practical question. By Joun T. STODDARD, 12mo., pp. 292. New. York: Cornish & Lamport.

The fundamental principles of Arithmetic will be found in these pages to be treated in an exceedingly practical manner. It is the best manual of the kind we have ever

seen.

40.The Head of the Family. A novel by the author of Olive. 8vo., pp. 169. New

York: Harper & Bros.

The reader will recognize in the author of thisvolume awriter of no ordinary talent. 41.- Epitaphs from Copp's Hill Burial Ground, Boston. With Notes, by THOMAS

BRIDGEMAN, 12mo., pp. 248. Boston: James Munroe & Co.

Webster's DictioNARY — Under the provisions of the Massachusetts Legislature, placing a copy of an English dictionary, at the expense of the State, in each district school of the Commonwealth, 3,036 of the districts selected Webster's Unabridged Dictionary as their standard work, and 105 only of another work—30 to 1. A very large proportion of the school books used through the country are based upon Dr. Webster's system, as contained in the recent revised editions of his works. Between 7,000 and 8,000 of the districts in the State of New York have also taken Webster's Unabridged Dictionary, under the provision of the last Legislature for that purpose. The Town Superintendent of Attica writes :-" There is a general sentiment of approbation, as far as I have beard, in relation to the Dictionary. The size, quality of the paper, typography, and binding, all give satisfaction. There were but few in our place before these arrived, and I have been amused since to see, in all cases of dispute about the orthography, pronunciation, or definition of words, how often the standard' is referred to."

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CONTENTS OF NO. V., VOL. XXVI.

ARTICLES. ART.

PAOL. 1. ASTRONOMY: AND ASTRONOMICAL OBSERVATORIES OF THE UNITED STATES 531 II. MONEY OF ACCOUNT-ITS NATURE AND FUNCTIONS.- Part 11.-Glances at the

causes which introduced the present coinage system of Great Britain-System of coinago in the United States-Proposed adoption of a single standard of gold, as a remedy for scarcity of silver-Reduction in value of silver coins-Foreign exchanges--of relinquish. ing the double standard and relying upon silver standard alone, etc. By S. COLWELL, Esq., of Pennsylvania......

550 HI. THE COMMERCE OF ST. THOMAS. By John P. Knox, of St. Thomas...

563 IV. COMMERCIAL CITIES AND TOWNS OF THE UNITED STATES.-No. XXXII.-DAYTON, OHIO. By William C. BARTLETT, Esq., of Ohio......

572 V. THE LAW OF PROGRESS IN THE RELATIONS OF CAPITAL AND LABOR. PART II. By RICHARD SULLEY, Esq., of New York...

578 JOURNAL OF MERCANTILE LAW. What constitutes bargain and sale.....

588 Banks and borrowers-Usury...

590 What constitutes a sufficient delivery of goods to recover, etc..

591 Promissory note-indorser vs. maker-Usury..

592 Liabilities of railroads as common carriers.....

593

COMMERCIAL CHRONICLE AND REVIEW: EXBRACING A FINANCIAL AND COMMERCIAL REVIEW OF THE UNITED STATES, ETC.,ILLUSTRA.

TED WITH TABLES, ETC., AS FOLLOWS: General aspect of commercial affairs throughout the country-Spirit of speculation-Advance in real estate-Decline in the value of merchandise-Sacrifice of European goods--Steady market for cotton-Effect of supply and demand upon the price of breadstuffs--Objects to which speculation is directed—Notice of building associations-Promises of a rapid accumulation of fortune generally illusory-Expansion of bank accommodations-Comparative statement of the condition of the New York banks--Rates of foreign exchange--Deposits and coinage at the Philadelphia and New Orleans Mints-Decline in the general import trade-Imports entered at New York for March-Do. thrown upon the market-Increased receipts of free goods - Imports at New York for the quarter-Imports of dry goods for March-Do. for three months-Increase in miscellaneous goods--General increase in the export trade-Exports from New York for March, and for the quarter-Decline in the national revenue--Comparative receipts at New York and Philadelphia-Exports of leading articles of produce from January Ist-General remarks, &c..

... 592-599 VOL. XXVI--NO. V.

34

JOURNAL OF BANKING, CURRENCY, AND FINANCE.

PAGL. The proposed alteration in our Currency. By Professor C. F. McCay, of Georgia...

600 Prices of silver coin in New York and London in 1851.-The three-cent coins of the U.States... 603 Condition of the banks of Pencsylvania, November, 1851..

603 Condition of the banks of Detroit, (Michigan,) December 26, 1851

608 Excise Revenue of the United Kingdom..

603 Condition of all the banks of New Hampshire in 1852.

609 Quotations of bank stock at Boston in each month of 1851.

610 Value of property and taxation in California for 1851....

611 Debt and finances of St. Louis..

612 Capital and dividends of Boston banks in April, 1852..

613 Financial statistics of Louisiana, from 1830 to 1851

614 United States Treasurer's statement for March, 1852..

615 A national currency_“Confidence its Basis.".

616 The Director of the Mint on the gold coinage of the United States..

617 Stock securities of New Jersey free banks.-Debt of the State of Louisiana.

618 COMMERCIAL STATISTICS. Commerce and navigation of United States in 1850-51—Part I. Commerce...

619 Value of domestic exports of United States for 1850-51..

619 Value of mestic exports of United States to each foreign country, 1850-51..

620 Foreign merchandise exported from United States to each foreign country in 1850-51..

621 Value of imports into United States from each foreign country in 1850-51 Commerce of United States with all nations in 1850-51...

622 Exports from Martinique and Guadaloupe.-Shipments of oil and bone at the Sandwich Islands 625 Statement of the Commerce of each Staie and Territory for the year ending June 30th, 1851.... 626

COMMERCIAL REGULATIONS. Brazilian consular regulations, relating to the property of deceased subjects of different countries 627 Spanish navigation and port dues.- Passport regulations of Austria..

630 Breadstuffs imported into the Zoll-Verein free of duty.......

630 Postage to Buenos Ayres.-Spanish duty on foreigu vessels........

630 NAUTICAL INTELLIGENCE. Light-house at Port Mahon and Dragonera.-Port regulations of Shanghae

631 Light-house at the mouth of the River Llobregat....

632 Concerning Sable Island...

633

...

STATISTICS OF POPULATION. Population of cities and towns in the United States, and rates of increase in 1830 to 1850 ........ 633 Population of Nicaragua..

634 Progress of Liverpool in population and Commerce.- Population of San Francisco....

635 RAILROAD, CANAL, AND STEAMBOAT STATISTICS. Canals and railroads of Pennsylvania....

636 Progress of railroads in United States from 1828 to 1852..

638-639 Opening and closing of the Hudson River, and the Erie Canal aod Lake Erie, in each year from 1814 to 1852...

640 Railroad speed forty miles an hour.-Consumption of oil on railroads in Massachusetts.

641 British regulations for steamboats..

641 Erie railroad and Erie Canal, Central Railroad..

642 JOURNAL OF MINING AND MANUFACTURES. Consumptiou of cotton in manufacturing countries,....

612 The Cliff Copper Mine of Lake Superior.-Steel pen making at Birmingham

6-13 The Dean Cotton of Texas

644 Machine for printing calico.-Lake Superior copper mines.

645 The advantages of modern inventions.

645 Production of cotton from straw.-Profits of mining in England

646 MERCANTILE MISCELLANIES. The fisheries of the United States.

646 False-packed cotton....

647 Cheap ocean postage.-The merchants' clerk and the plowboy.

648 Merchant peddler, or buying cheap.-A curious commercial custom..

649 The London Times on the commercial agencies in the United States

650 A proverb for merchants.-A lady ship-master.....

630 THE BOOK TRADE. Notices of 37 new Books, or new Editions

.... 651-656 * Statute 2 of the Poulkova Observatory. “The Central Observatory has for its object to furnish continuous and perfect observations tending to the advancement of astronomy as a science: to make corresponding observations, such as are indispensable to geographic operations in the country, as well as for scientific and ordinary voyages : 'and in fine to co-operate by all methods for the advancement of practical astronomy, in its application to geography and navigation, and to furnish individuals, who shall be disposed to employ themselves in geographic determination, with the means for effecting such purpose.--Struve, Description de l'Observatoire de Poulkova.

HUNT'S

MERCHANTS' MAGAZINE

AND

COMMERCIAL REVIEW.

MAY, 1852.

Art. 1.-ASTRONOMY: AND ASTRONOMICAL OBSERVATORIES OF THE U. STATES.

In the general advancement of science, and its adaptation to the useful purposes of life, which may be considered as the distinguishing feature of the present age, there have been no developments or discoveries of greater interest or importance than those made within the last half century in the science of astronomy. In our own country the progress of this science, and the estimation in which its cultivation is beginning to be held, have been marked recently by the endowment of several private observatories, by the commencement of an Astronomical Journal and Nautical Almanac and as a more worthy expression of the general sentiment, by the institution of a National Observatory at the seat of government. This measure would, at no distant day, have become necessary for geographical purposes. One effect of modern improvement has been almost to annihilate distance, and exactly in proportion as we effect this by the approximation of remote points

, is enhanced the importance of an accurate determination of their relative positions. This is at first necessarily done by astronomical observation; the results of which, to be of general authenticity, should be co-ordinated in reference to some well-established meridian on our own continent. Our recent acquisitions render us, in relative proportion of coast and territory, somewhat similar to Russia, and at the institution of her Central Observatory, which is now better endowed and appointed than any other in the world, the improvement of geographical knowledge was regarded as one of its most important functions. In this respect the progress of astro

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