The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-02-03

those placed in bond showing that the demand Il already
active the part oobbers The and French
goods generally that have arrived largo, thsrs has
been disposition 10 get them out of France before the
peal of the 10 per bounty exports allowed since the
revolution. The United States which left South
ampon the 8th lis presented to have cargo worth
100000 and freight list Of $4,000 The stocks Of goods
now, however, in the hands of importeu large.
The prices Of most descriptions of goods show
a tendency to rise. In woollen particulahy-the raw
material having advanced throughout Europe ~ well
as in tho United sate.-'ome 10 per cont advance
on new mpora,ions Is demanded. In domestic goods,
both cotons and wooens the demand active and prices
for most descriptions arc besr-so much that tho
uactures demand has raised the price of the
al The apparent activity 10 under the demands of job
bers considerable spring business. The auction
sales those which give the the market tho
first important of the is going forward day,
and it is of novel character Heretofore has been ad
mitted, that while domestic manufactures Guido those
OF foreign origin of coarse description it of
contend with i'm of the fxsr styles To-day how
ever Messrs Hagery Draper Jones sell the stock Of
lawns manufactured by the Portsmouth Company and inn
mediaely afterwards stock imported by Messrs G. Pat
tison Il Co. The Portsmouth, Company had fns sale
last spring; and they now offer stock manufactured
in year OF oo tariff in direct competition with stock
imported in the same year. being Of low prices abroad
and disposition hore realize the operation Of every es
favorable the interests of the importer and tho
suit shows that the prosperous of home trade,
growing of the improved foreign market for produce,
susains manufacturers against the importers of
fine goods, under these favorable circumstances.
believe there is rejecting merchant but agrees to
the principle that 1t is the prosperity of the consumer and
the restriction supply which is the protection Of
manufacturing interests. Tho time distant when tho
manufacturers will be tho sincere free-ade, from
understanding Of their general interests.
While the import of goods has been considerable, tho
exports have been well sustained and the foreign demand
for specie has noary ceased, become loss than the i'm
port from Europe The export for weeks has been
only S38,566 of foreign silver Hsvre, and foreign
bills are in good supply falling rates. say 81 on
London The large Of goods that have arrived,
and which are Immediately wanted, havc involved
considerable demand for money for duties, amount
ing, above 81 100000 in weeks and
has also produced some accumulation in tho Indepcnd
emf Treasury, amounting at the close of the week
1925, 9O7, of which 36l OPS belonged the Post Office.
The banks in consequence making feeble effort
raise The ofnterest tho plea the demand for specie
by the These institutions have, however,
control of the market long since and whom, in the present
prospect OF the markets, and after years expesnce Of
the operation OF the independent treasury make such
preences is only excite ridcule All the money want
ed be borrowed of private houses per cent and
the shrewd capitalists have long since learned that
their money be put out to the best advantage through
private houses and regular dealers have discovered those
to be the prompt and cheap Of supply
Formerly, the credit system, the progress df large bu
sness caused money become scarce, and In demand
but of late under tho operation of sounder system, the
progress of business only increases tho abundance Of
ney The affairs of the New Orleans banks illustrative
this The receipts of the leading articles Of produce
that point, (September l) when the business year
mences, the LIST of January, have been follows