The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-08-22
New York. France England Total. ga
January ls49 s72l3000 100000 S7lO95O $50
June 1850 Is, l0i si,472,5oo el6i,4si lob3,V9o
.,e,se ssal6lo, s2s972, 500 slO,os9,544 s4525s Jas


THIS great otcom,nercc has boen
accom- panied by great abundance OF money al inc
same time, that political circumstances In Paris have IN
dnced bank strengthen itself by all the means IN Its
power and its has reached extraordinary amount
Of silver while that in the Bank OF England Is gold The
California discoveries induced the government OF Holland
Laws Tor tho substitution oil silver ana paper Tor gold
ia currency This Induced about G30OO0OO OF gold to
90 out OF the country, exchange tor silver AT the
same lime the Russian government, pursuing similar
ICY received considerable portion OF the 70 200 900
loan, taken for in London by Barring Brothers, In sill
Yer. Danish loan OF ESDoOO was, TO some extent
Il ped ia the metal white continual counter
current of gold h3wed out of Russia The silver demand
for the extent supplied from the in
creased yield Of the mines OF South America, but
also from the United States The receipts OF gold
in the United States minis from California
. 81 ,Oo0-since September ls lSis. s2lSss 80; OF
which millions have been reported in the last three
months, being tho oil forty millions per annum.
Bot Of this TOUR millions have been reported IN The last
tnIy days being the of nearly $50 OJ0o 600 per
nun received directly in the United States; while The
actually received during the year closing with the
present month has been nearly twenty-five millions, the
monthly receipts have been continually increasing until
the last three months which doubles
he for the whole year The banks and reservoirs
Of money stocked in more abundant manner
than suai liz proportion their Liabilities, and the gold
flowing from the mint spreads general crcula-
ZION, thus strengthening la extraordinary degree the
the mixed and realizing that object OF
he administration OF General Jackson, which pro-
mote the circulation Of the precious metals The
unued abundance of money at the centres Of commerce
great the result OF the receipts from California,
which begin enunerAte degree the outlay OF
the small Adventures from inland towns From all these
money flows down ia the OF business, and accumu
laes in larger and in number Of hands
than before. Daring the present month 81 500 900
Northern railroad, and 81 100000 Mohsan Central railroad
boads together with $3.50 0oo Rochester city bonds and
many smaller loans, making at least S3OO0oO0, have
pcen sold in this market, without producing any in
auence upon the rates. which continue veIy low In
this city la Boston, the pressure Of railway obg ATOMS
at high rates Of Interest, borrowing Ia TACT without
regard price, keeps up the rates. As instancci
Boston house received Tor bill OF goods the noe OF
New York firm Tor considerable amount, bad IL dis
counted here at per cent, and put the money out IN
Boston at IL per An effort made the part Of
banks Of the city raise the OF interest, but
urey without The legal lines Of discount Of the
Old chartered banks nearly f az The
restricts them twice and half the capital, being
seldom reached The aggregate pal those
banks sic 800 which would give aggregate dis
line of sI00to75o and 1t is actually $50 0s Isl
The institutions, with the competition from private houses
banks lind great difficulty in keeping up this line
which, the present OF money u necessary do
TO maintain their dividends. The immediate means and
liabilities Of the New York city banks as follows
n L.. - ~