True American. [volume] (New Orleans [La.]) 1835-18??, 1838-10-04
Further yMers by the Great Western.


In addition to the commercial intelligence we
published yesterday, we this day give two very
interesting letters: one on the matters oil the
NJ ,ney NJ ,rket, the other on the Corn Trade. Al
Il must be at least dass before we get any fresh
oreign news by the Royal William, these COM
m unca,ions have additional interest.
LONDON, Sept. 7th. 1873
Ey tho return Of the Great Western steam shin,
which sus Tomorrow on her third triumphan
voyage to the new world, send you an acc 'unt
of all that has recently occurred of Importance III
English moro an lie monetary and political atflirs
The mercantile intelligence received by the
Great Western from the United Stats has been
considered most cheer ny On this SIDE OF he water
nd the numerous extensive orders r roi an
English manufactured goods have gwen C. n
siderable stimulus business in the manutactu :.
ing Districts; whit. the perfect facility with WIN
| cash payments have been 8" generally rtsu'nei
by the hanks. and the abundant crops nf every
description with which the Union has heen f,vr-
ed, give rise to anicpati ot an extent ut II ms
Atlantic business, which will largely "lleSi ,te the
pressure and distress which otherwise would pro-
| baby have been witnessed in England curing tie
| ensuing winter months For commerce 10 IN n
| very sta gnant condition in ALMOST ali quarters of
the world excepting in the United S,aes;-n
| other nation hnving the internal energies viii. h
free institutions alone bestow, and none other
| h.vlng apparently commenced 10 be resnscitatrd
ron. the blows "t tn" panic OF 1885. with The
East Ind es-China, and all the S'uth American
States, the paralysis IN Trade continues WIN 'lile
| prospect If All earl improvement in affairs, ant
| The manufact uring population OF Lancashire and
York shire, are low principally kept in operation
| by The reviving transactions in the AmetlcaT
| trade
| In the London money n,arke's, f.irs, howev r
are extremely dull. The abun 'ance nj m"ne,
n the hands Of the La kers and bill brokers con
rnues tn be great, but .peculatl"ns are extremtl,
few. The absence If the principal asspl'alis 9
which is usual at this season Of field sp r,s, water
ing places, and continen al "u ing, has marke
etfact in s,ressiny the, pusnrss of the S ocl
| Exchange: and this dull Tess extends itself 10 al
thu Anescah funds. In ;aGdi'ion 10 the lnre
influx Of trans Al ant T. cu,i,es. which has bee
II 81 much noticed recently, there has jus, arrived
/ gentleman from Fonda, Colonel Gamble, wi
twu millions oi dollars in sterling h"nds at pc
! cont vi ich are aRuut to he npgoc bur III
terms have not transplfed, nor is any thing KIN W.
of the D respects of this new stock, excepting thu
in the . essnt slate OF the marke, n nrnst be 50
AZ q depression III price. The stu, oi he ban
II Of the United States has prrn ar2el, dea in s''c
the arrIv,l Of ihr Great Western; hui lie pnc
as not reached hig,ar thnn E % 2 3 aud Ia
large amounts The quota ion 'nus' ne tag n Il
the iraction less. In mscslans Jus Amer ca
securtirs the Transactions continue to he l'rg
| int e aggregate; hmt the price IS powrriull
o Q A ed upon by The weight Of stocks which
daily "Hered, and which dali. continues TO arr'v
Al the cuse of the Ex hsnge this aiierno'n, I"
tnll"w' g were '"r a. in'i ". 'n'rL"':
New York no. cents; 1850; % q s' do 1860: ~ q .
Psnnsyvania 1s60-s-5. "a q 95 Ohio 1876 81 q o.! do
pe cents. 1885, ~ 100: do per cents. 1856 iUi9 ~
Louisiana. IsarnE ss: do G.izsrds es g OFT Aab. IAN
1852 20 @s4 do Sterling Rond. % ca a. New York Gil
| Oh ;l o.; Now Orleans Sterling Ronds, 81 az o..