The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-03-23


luence, great not taken, the risk OF casualties
the road.
LoSpoN MONEY MARKET March 3-We have had an
unsteady market since last publication, but tending
generally towards decline IN the pnce OF consols the
depreciation in exchequer bills has also been consdera
BILE This has been partly owing to me continued de
statement in the budget Chancellor OF the EXehequer
speech, which read with great attentions and though
loan never popular measure, appears to be gener-
lily conceded that under all the circumstances the course
that the government have resolved upon, viz TO take
loan of EOOOo0O is the very best plan that could have
been adopted The biddngs Tor the loan took place on
The first March, the treasury, when, Messrs, Roihs
child and Messs Barring Brothers Were the only bidders
on terms that satisfactory to the government the
loan was divided between them offered VIZ: ESQ los
for each fioo per cent consos. The scrip OF the new
loan has borne 3 10 / premium since.
Commercial Review
From Winners Times, Marchl
Although the markets generally have been free from
element still business has been steady, and transactions
TO fair extent in most articles have been effected The
imports especially of breadstuls have been extensive,
and would doubt, have continued so, but Tor the pre-
yaence of eastery Winds which check the progress OF
homew ard bound ships
The state of the sugar market has been OF quiet
during the last month The stock OF West India is
now but smallmuch less than at this time last year
STILL atley, there has not been evnced great desire TO
purchase the trade enabled TO supply themselves
with other descriptions advantageous terms in
consequence, prices have somewhat declined.
The provision markets have been steady dfnng the
month. " i
ne corn trade n;tS peen III HuCtudtilS
during the month of February. At the time Of the sail
ing of the Cambria the price of wheat continued TO give
way, occasionally rapidly, until from the commencement
of the reaction, the reduction amounted altogether TO
about S. or los per quarter and flour, Is per
barrel Ii might be, that this decline, under the actual
position of supply and demand, was TOO rapid, or com
nenced too early that the nature of the discussions
in Parliament renewed the confidence of holders, and
alarmed the fears OF buyers.
Be this as it may, towards the middle OF the past month
renewed confidence was observable and BUYERS again
Ireland Ourchasp heavily
much money has gone there from government to
eve their wants. these buyers have caused excite
ment in the markets here than formerly, for they
come prepared with the means TO make immediate pay
ments, that they sought AFTER and their operations
carry much weight with them, because their purchases
at removed and stocks are proportionatey
duced Such state OF things exercises great influence
on this market. Usually we accustomed to receive
from Ireland large supplies, instead OF sending there
move again commenced, there has been an advance on
wheat OF 4d to Cd per 10 lbs, and flour of about IS
I'd per Dbl Oats and oatmeal remain steady bat do not
sell freely Indian has of late given way Is to IS
per lbs and beans IS to S. per quarter AT last
Market the prices paying were Tor general of Amer
lean wheat u.s. to les. per 10 lbs; for American four
sweet 39s to l2s and 35s Cd to 36s Cd per bbl
Indian corn, white, 69s TO 7os, and yellow 72s to 73s
per $50 lbs. Egyptian beans 45s to sos per quarter
Irish 5s Id 10 SIS. sd per 45 lbs, As TO Stocks we
have no comment; no duties are payable so that
thew are not so well ascertaned but so far as regards
demand the last market closed steadily although with
less urgency than might have been expected Various
as 10 tne supply OF bread
suifs which can procure during the present OF
distress
From the most recent intelligence received from Amer
ica we believe that there good expect that with
the opening of the canals and rivers in tina. country
the OF the spring, we shall have enormous ship
Nents of all sorts OF provisions and that consequently
large supplies of all sorts will reach these Kingdoms
During the last eight ten days the receipts of corn &C.
have been light and this, added TO the continuance of
considerable exports to Ireland, has caused the market
within the last few days. have very firm aspect and
,uhi in 10 IF IF tha last
week. have since recovered as regards wheat and -four
all they then lost Indian still continuing in great
request, commands ,s the high Pnes OF COS to 72s per
much be deplored that the poor mans food rules e
lively much higher than that OF the more wealthy The
stock OF American flour in this port has been taken at
the end OF February and computed at something under
100000 bbs., or $4,000 quarters OF wheat
The accounts from the manufacturing districts are not
high price of provisions will seriously affect the spring
trade There are several large orders in hand from
America, and others are expected to follow
England.
The principal topic OF discussion during the week pre-
vious to the departure OF the Hbenla the financial
statement OF the Chancellor OF the Eychequer He states
that she cannot afford TO remit any taxes, and does not
find it necessary to lay any onhe last instament OF
the China indemnity money fortunately falling due
this year to equaze the income with the expenditure)
and that he requires loan of Esooo,o0o for the wants
OF Ireland, portion of which is 10 be repaid by that
country and the other TO be grant from the imperial
treasury The following are the and of
revenueor the ensuing year. anticipated by the chance
lor: customs f20,ooO0oo excise, f13 10000; stamps
e. 800 900; taxes, Gland and assessed0 81 10000:
property tax, f5,3oo0lo post office, fSi5 ,oo0 crown
lands, E2O,oo1; miscellaneous, 1880, OD0 China money
Ei5o,D total income, Esq 5l5,0lU The expenditure
will betnational debt E2S 0i5 900: consolidated fund
charges, e., 7UOoU total, EDO 7I5, 900 Army, Cd, Si0
07i; navy, f7,56l,s7G ordnance, f2,G79,l27; misce
laneous, f3,7500o0 interest the loan, e2S0oo0
increased interest exchequer bills fl42 900; ey,raor
binary expenditure, Els5000; total expenditure, Esq.,
$4,000, which, deducted from the above income leaves
the small surplus OF f332 900"
The dram upon the revenue for Ireland exceeds one
million per month
There does not appear to have been any important pro-
ceedings in Parliament.
The transportation system is 10 undergo change Con-
vcts not henceforh be the Australian colo
Mes Model prisons pententlaries al home
ceive penal offenders Tor gwen me with subsequent
employment on public works, and conditional pardons
when they behave WELL the earnings Of the prisoners to
go towards afordng them the means OF emgratng and
their famlles, II they have any, may accompany them
Other regulations apply TO boys and females.
The government scheme of education meets with con-
siderable opposition from the DssenteTs
ARRIVALS FROM THE UNITED STATEs.-Several ships,
both from Boston and New York, have arrived here since
the sailing of the Cambria, which brought us late news
The Yorkshire, after passage OF twenty DAYS reached
Liverpool on the 9th ult The Queen OF the West the
It'll brought the 23d of January and on The els
the Oxford, after most remarkable passage OF little more
than fifteen days, landed her passengers the 18th ult
The Washington Irving, Captain Caldwell with dates TO
the 18th, from Boston, arrived on the 25ih ut The
by the racket ships sent London and all the pro-
vnca press in tbs United Kingdom, and appeared therein
the day after IFS receipts al liverpool.
The NEW TRANSATLANTIC srs.1sBrps new
steamers of the British and North American ROYAL Mail
Company intended for the increased service, between
America and England, 10 be called the American, the
Canada the Niagara, and the Europe. These vessels