The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-05-23
NLw YORE, May %, 1886.

To the Editor Of the Union:
The news per the Britannia reached this city by
the last evenings mail from Boston, about g. p. m
The purport of the news is before you.
In the absence Of any local news Of interest,
shall do liule more to-day than submit the following
letter from friend in Liverpool:
"LVERFooL, May 4, 1886.
"DEAR SIR: | addressed you on the 18th ultimo
per Cambria steamer since which we have not
much later intelligence from your side than we then
had. The Rosclus brings us dates OF 5th ult; and
yesterday the Mary Ann, from Boston, arrived,
having leh that port on the 7th, but CLEAN moth
ing of importance from her advices The interim
nable debate in the Senate on Oregon furnishes
nothing new, and they will probably spin it out
until they receive something more definite from
here. The subject seems to have lost its interest
with us, no one fearing any unfavorable result.
THE corn bill and tariff will be in committee to-
night in the Commons, where il has been delayed
by the protracted debate the Irish BILL which has
passed a first reading. The bill TO facilitate the
winding up of abandoned railway schemes will soon
be in operation, and will be the means Of releasing
considerable sums Of money. During the last week
there has been some degree of excitement again in
the railway market, with advanced prices for all
good stocks, whether scrip or certificates. Indeed
the rates much depressed that there was
room for improvement, which has been accelerated
by an easier money-market.
81 have no material change to note in the state Of
our produce markets. Cotton maintains the ad-
vance which produced by the advces per last
steamer, and considerable extent of business has
been done The sales of last week ending LIST inst
were As, 500 bales, and during the last four weeks
about l65 900 bales have peen sold, (which rs, 900
on speculation and 81 900 for export with imports
l60e00, with an advance on American descriptions
of ID. per ID. The opinion is now becoming more
general that the American crop will not much ex-
coed two millions. If this be more fully confirmed
hu nh nj adj wa lnnk for En-
Their advance. Our total stock in this port is now
800 900 bales, against SOL 900 same period last year
but in American descriptions the deficit is e5 900
bales.
ain consequence Of the scarcity of cotton on the
continent of Europe the ex port from hence has been
greater than usual-say this year 46, 900, against
$4,000 last year at this period. There has been
some improvement in trade in the manufacturing
DISTRICTS with prospect of increasing activity,
which would no doubt be accelerated by the pass
ing Of the corn bill
"There is much suffering and discomfort in Ireland,
from the scarcity Of food, particularly potatoes
which government are endeavoring to alleviate.
"Corn Nnkst.-There is not much change to note,
nor much activity be expected until the long
protracted measure now before Parliament becomes
a law Stocks of grain and -four in bond are accu-
mulating daily, and ! suspect the stocks in the
hands of farmers is considerable, though the quality
NAV not be of the best. United States sweet -four
Indian corn in bond, duty Is per quarter, is worth
36s. 39s, per 4S0 lbs.
"Foreign Wheat, IS. Sd. Is. 10d. in bond, Of 10
lbs, but little or nothing doing. There is steady
demand for Indian corn, principally for shipment to
Ireland.
"Propisions.-There continues a steady demand
though lard is omewha depressed, in consequence
of several parcels having been forced on the market
from the ships side; it is quoted at 30s. a 37s per
Reef ms IDS ordinaru
Cos. 65s. per fierce Of 304 lbs; pork, prime mess
per bb Of 300 lbs. SIS. CHS. About 200 tierces
of beef have been sold during the month, and 900
bbls. pork.
"Tobacco. demand continues very limited;
only 626 hhds. sold during the month, without,
Cd 4d.; semmed 3ld Sd; Virginia leaf 9 3D.
a SD; stemmed 3id 6ld. Stock in our port is
now l6, 500 hhds against 10, 1879 last year.
eve have had rather wet cold, and ungenal
month, though vegetation has made fair progress,
and all the spring seed is now in the ground.
"May 5-There is a fair demand for cotton to-
day. The advices from India (per overland mail
are commercially and politically encouraging"
The friends of revenue tariff in this city are
happy to learn, by highly respectable gentleman
just returned from Washington, that it was the
opinion ofweliinformed persons that the bill before
Congress would pass without difficulty. The same
gentleman says the idea was suggested of getting up
an opposition fair on the part OF the farmers who
can erect some board shantees, log pens, in
which to show of corn, wheat, cotton, tobacco, and
such elk" as specimens of American "industy,"
in the production of which nine persons are en-
ployed to one in making the things shown in the
extensive aristocrac tent
Stocks all took further tumble to-day. Since
letter about $500 bales of cotton have
been sold. No change in price worth notice.
Five hundred barrels OF Genesee -four sold at
"a so, and small sales of Michigan were made at
he same price.
Corn, southern, was quoted at 60 TO 3d. northern
s also lower, and all sorts dull. Provisions the
anne as last reported and other articles about the
anne.
Freghts the same as yesterday Sterling bills
ell at 9 to o. To q2=hll sorts dull.