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Commercial

Commercial image
Parent Issue
Day
5
Month
January
Year
1846
Copyright
Public Domain
OCR Text

Commerical Ann Arbor, January 3, 1846. The New Year with us was ushered in with a rainstorm, which carried off what snow was upon the ground. Wheat is on the decline again, as was anticipated. Buyers are now offering from 75 to 80 cents, but are not anxious to purchase. - Very little is doing in Wheat. Since our last, the news has arrived that Flour in New York has fallen to $5,50, being a decline of 37 1/2 cents. The Buffalo Pilot, of Dec. 7, says of the market in that city: "The market is drooping - holders are receding, consequent upon the great decline in New York. Some are offering pretty freely $4,50, which is not acceded to with much avidity by the buyers. Transactions are extremely limited, no one being satisfied as to the point to which prices will approximate - whether they they will continue downward, or ralIy again, or remain about as they are. This state of things has been anticipated by close observers of passing events, for some time. tf there are any who have entered largely into the speculation of high prices, they will soon find themselves in the same situation that numbers have been before them." Prices charged in 1845 for all kinds of merchandise, by sale on the lakes averaged per 100 Ibs. from New York to Detroit, 50a55c From Albany and Troy, 5 cents less. Deduct difference on tolls on Sugar, Molasses, Coffee, Nails, Spike, Iron und Steel 16 1/2c. Makes The Rates for 1845, on these arlicles from New York to Detroit 28 1/2a 55 1/2c. - (On all castings 2c per 100lbs. less.) On all other merchandize the tolls are reduced 1 mill per mile on100lbs, making prices for 1846, from New York, 46a51c. Less form Albany and Troy 5c.) If goods are brought by steam, 5a10 cents per 100lbs are charged extra.