The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-03-31
COMMERCIAL.


New YORK, March Is lsl9-Wednesday, D. M
The accounts from Europe. brought down the l0'h
March, commercially of favorable character Asl
well the continent, in England, the indications that
consumption of both goods and produce by the
of the people progressive, strongly manifest Food
materials, and money continue cheap In England
while the prices Of wrought fabrics are on the advance,
being higher than at the corresponding season last year
The prices of breadstus heavy might DO expected
under the first operation of free trade In those articles
From all countries, grain and flour were shipped 10
England to take advantage OF the removal oil the dues
and The consequent large supplies depess prices ms is
natural result of change in the law. II will require
time TOR the markets to become steady under the state
OF things The low rates. however induce larger consump
ton not only OF food but OF anuac ured goods and
commercial circulars received by the packet regret the
sales made here early in the season. nasmuch that they
would have done better home. The increasing conf
dence in the French government, and the abundance of
money manifest themselves in the rising values OF stocks
of the respective countiesoonso per cent being 92
The demand for American stocks also continued to
extent Pennsylvania SIS quoted " and these
under the circumstances. would buyers,
for the small swnde practised by that State in paying
''reef notes. for interest," and Withholding the from
due foreigners These items make the semi
nual payment 49, instead of $50 The conduct of Ma
ryand has always been very different Although, through
the folly Ito call it worse) of the Chesapeake and Ohio
Canal Company, she compelled to suspend her pay
her whole debt for time, she stopped
such leness to keep deprecated paper with which
pay creditors Ira 1887 during the general suspension of
specie payments when broken bank paper almost the
sole currency of the Union, Maryland March, 1889 passed
law that the interest should be paid in coin, equva
lent o be determined by the commissioners by the price
Of coin in Baltimore quarter day" This made
retrospective So noble example Pennsylvania would
do well to follow. The consequence is, that when Penn
syvania SIS quoted at rs in London Maryland SIS sell
49, Notwithstanding that Maryland deducs the from
the interest well Pennsylvania The absolute non
payment of the interest would less disgust pa
ing it in deprecated paper apparently kept for other
purpose.
The favorable of commercial affairs has been cloud
ed by the hostile demonstrations in India and Eu
rope The occupation Of Tansyvania by Russian corps
under preence of an application from the people of that
district together with the march Of the Russian columns
southwark and the threats of forcing the Helespont
when every government OF Europe seriously in
voved in its domestic relations, and n2and, with Ireland
on hand and the other Indian empire threa ming
cumbe into ruins is comparatively powerless might
well justify the evident fears Of the Sultan that the hour
hand for the contamination of the policy pursued stead
y by Russia for century in the annexation of CONSTANT
nople the domnions of the Gear. When lettering gov
looking for Russian support against own
people, is time protest against the ACKNOWLEDGEMENT
of that power and the crisis predicted by Napoleon
Europe become republican Cossack" presents
itself That France will lend itself, under Bona parte to
suppress Roman republic of which another Bona pare
is Vice President scarcely be expected These affairs
likely interrupt the revivng of trade, and
influence is fe! in the English manufacturing dis
trics the holding back Of German Greek, and India
buyers and money in London more in demand for
the continent.
The importation of dutabe goods this port continues
large compared with last year. They have been thus
far in March follows: