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Commercial

Commercial image
Parent Issue
Day
19
Month
January
Year
1846
Copyright
Public Domain
OCR Text

Ann Arbor, Jnn. 17, 1846. The wheat market displays but linie activi ty. Prieta rangü from 80 to 85cents. Flour retnils ut 84,50 There is no change of mo.ïient n ihe Eastem nnrkct. T.ie attack of the Auditor General upon tbe Onklund Cn. Bank, to which we rftferred last werk, nppcars to hnve been uncalled for. It is alleged that tliere is onX on e tax due ilio Slale, und that had ncver been dcmanded M the bnnking house of the inslilu'.ion, and it s denicd that nrglect (o pay atax is any violation of tlio chnrter. The noglect tn'erply subjec'a the iuslitution to a suit for the tax by ihe State Treaeurer, nnd it doed not nppeathat nny suit hns been commenced. We find in a St. Joseph paper the following Toble, showing the numhcr of ban els of flour exported from the United State lo Greni Ufitain from 1850 to 1842 inclusive, and the average price per barrel in l h is cutrj: bbls. Flour Average prico exponed. per bbl. 1830 320,18.: 81 83 löai 879,430 5 67 18Ü-2 Ü5,95iï 5 72 133d 22,207 ö 63 1831 19,Ga7 5 17 1835 5,376 5 88 1836 161 7 90 1337 none 9 38 1838 8,295 7 79 1830 1G?,582 C 50 1810 620,728 5 25 1841 208,984 5 50 1C42 200,03 Í 4 87 It will apprar by the above thnt oür largest export to Englond was ia 1831, and that year Ëng-lnnd imponed 20,000,000 buehela. We suld of that nmount lees than five millions, though fl.-iir 8tood at less than $6 in Ihis country, It wiM also appear that we have not exported largely unless we could atlbrd the flom at aboiit $6 per bbl. Exportalions slopped ui 7. The sim paper has a tnble of ihe importa liona and prices f Whcal :n England for eiyh: years past, as follows: 1S88 1,044 ;225 quarlers, 72s Gd 1839 2.778,345 67s 1840 2.022,10li 6l8 6d 18 '1 2,772,560 63 Gd 1812 2,759,265 48s lid 1843 920.300 519 4d 1344 1,068.570 46s &d 1345 56s Tho average price thercfore for eight ycors has beon fód 6d, while the Iiighest quoted prices by last Bteqmer was 58s, orid 59.d per quarter. It is worlliy of remarfc, thal storiee concerning the ecarcity or abudnance of producís in any country, are often greatly éaggerated. Henee newspa; er accounts of this kind ffrould be received with much nllowance. Late accounts by steamer8 hüve represènted a hornd famine as staring the pcople of treland boldly in tl.ff face: yet Ihe following extract i f a letter from a gentleman in Ireland to a friend ui Baltimore. dated Nov. 30 1845, telJa différent Btorj:"I suppose yon imagino from tho newspaper accounts that vve shall all storve in Ireland before next horvest. No such thing s feared here, as tlicre s qnte a plenty of provixions in thecouniry if tbey aro left in it. A great deal ol" the pntntoe erop lias rotted; bui even if on? fourlli of the whole was lost, (Which 1 doubt) tliere s vet nn average one retnnining sound, as. in tho memory of man, tliere has never boen snch an abnndnnt one, bolli as to tle quaiitity planted tfnd the return froni the plintintr. '1 had from three EDffJish acres of land nhniit eight thñnsand Bloñe of potatocs, (tone J4llw.j- ia qualily Üke flonr; nor did 1 lose eight stone out of the whole of thotn, having taken timoly precnuiioiii. The best ore now selling in t'his mtrket al 2Jd. (5 cents) per slone.