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Commercial

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Parent Issue
Day
23
Month
May
Year
1842
Copyright
Public Domain
OCR Text

riUCK of Wheat, in Ann Arbor, 81 centi per bushei; price of flour $4,50 per barrel. Sak sold n Buiïalo, May 7, at $J,25 per barrel - dull at thnt. Under Sir RobertPeel's new Tariffbill, American flour imporied into Canada mustpay aduty f two shillings ste ling per barrel. Flour imponed into England from Canada, is to he fre from duiy. 'Henee the duty on American flour, by wav of Canada, will be in England less tban tiaïf a dollar per barrel. The Canadian capitalists already have buyers to a large extent in Ohio. and elsewhere. T his state of things will tend to sustain the p:ice of wheat in the West. The Tremonf Insurance Company of Boston have declared a semi-anuual dividend of twenty-five per cent., payable on demand. The sum ot $45,837 in State Scrip was burned in Detroit, May 17, by the proper authorities. Fr.ooR. - Michigan faney brands are quoted in New York at the last date a $6,39. Buffalo. May 10, 1842.The various kinds of uncurrent funda continus to iniproVJ, ahhough the amount o western oftering is quite sinall. Ohio is 4a5 discount Canada, sume. Indiana JO per cent below par lunds. A much better feeling prevails towards Canada iunds, and it is coniemplated to establish an agency in lNew York, where the issues are to be redeemed at a slight per centage below their face, it will hring that descnption oí bilis in still greater demand here, and give them a character and circulation second only to the issues ofour State Banks. Couise of the Flour Trade. - A letter from a gentleman residing on the Ohio river. states: liThe Canadians are making great exertions to comniand and control ;he wheat and flour market." [OThe Banks in Maryland resumed specia payments on the 2d inst. Packet boats are running between Utica and Sracuse for 1$. Tho motto is "no monopoly and equal rights." Comfort and cheap travelling, would be better - for both are combined in this mod'j of journeying.

Article

Subjects
Signal of Liberty
Old News