The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-08-27
2,237,s7O 2,252.IS2
Qrs. 934,l23 2,66,O

The quantity released from bond in the week ending
July TO- last year. passed into the hands of mers and ba
kers and depressed prices temporarily This year. the inn
ports have passed promptly into consumption prices in
double those of last year. and closing per
higher with the interest of money against per
cent last year. The disposition Of all purchasers to hold
OFF, the large arrivals and the srngency of the money mar
ket, produceda kind of panic, and prices fell The bullion
in the Bank of England continued decrease and had
fallen to 3i7 for the week ending July 24beng
decline of Ell 900 900 in few weeks with still threat
ening exchanges and the of money raised per
for 30day bills 81 for 60 days. and per cent for 80
days On the Continent money was, however, getting
easy At Hamburger it quoted at per The state
of finances in the countries of the of Europe is
ever, by satisfactory. The French governments
it KIN ,wn, about loan OF $40 OOO be-
ing part of the deficit of the treasury and this would doubt
less influence the value OF money The English railroad
demand is also considerable and has been from January
LIST to September lst follows
Calls January July ls f2l 62s752 or $IOs 76O
For month Of July, 5,63O,220 26,l5I, 100
For month OF August, 1,9e7, 240 9,936, 200
Total, f29,2i6,2l2 Sl4i,2aI, OSo
The rate of expenditure will continue probably for the
year. and by doing the tendency of high
prices check the consumption of produce while yet the
export trade is below what is usually the this sea
of the year All these circumstances point nanc al
crisis in England
1t be arked, that while the exports of English
goods and yarns decline considerably the north Eu
rope, the exports of the material from the United
States Is large as ever-a TACT which indicates the
progress of manufactures, and the rivalry which England
sustain with dear money and dear food against coun
tries that have abundance of both and equal facilities to
command the material There extensive orders
for cotton machinery in England on Russian account
Notwithstanding the great deficit the CROP prices
in England had, by the Cambria's news, declined Id,
but subsequently recovered The aspect of the money.
market most affected the prospects of the trade. In this
Market stocks have been offered freely without any appar
change prices which close follows freghts have
however, declined SIG 3-l6 the rate of bills adj
vanced
Inferior Ord. to Midi to Mid fair Fully fair
good ord good mid. to fair. good f.
Upland and FL, IL ~ MA lat 12l I2l 10 lst
Mobile N. o., i0l aIo IL III IL al ray lat I3t al
The first bale of the has been received august III
at Savannah, Georgia, and sold at Ia cts.
The general news in relation to breadsuffs, both in
France and England, of good harvests and declining
prices In the former country the navigation and corn
laws suspended Januy, l84s and in the latter to
March, 1913. The effect of this momentaTy
confusion in the Market and small sales low prices
which very recovered and have been fair both
for export and home firm rates$5 rs for Genesee
Oswego So 62i fiat hoop Ohio s. 56& So 62i round
do. IS 6si So II Georgetown SO 80 Petersburg
So Is rye -four 81 81 Is western meal dull a
So 80 So The decline in eigh and rise in bills ia
vombe shippers, and the market is probably favor
! able to shipment than in February last, follows: