The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-07-11
com N ERCIAI..
vrs.a oar o.......ro,., Correspondent.


Nkw Yosx. July 3D. p,
The amount Of business being done The very
considerable more particularly with las, year.
when the cholera about reaching its stage For
he week corresponding the present. last year tho death.
la this city 49, and for the succeeding week sUS
being the eliminating point OF the epidemic. Although
over 100000 emigfAnts have arrived here since January
the deaths this 1888 only and the city
more healthy generally This superior OF health has
much influence upon business but although accompanied
by extraordinary abundance Of money does not elicit
as yet any speculative tendency The general uidn y
OF tho country is very productive; aud the extent
70 which communication is prosecuted by railroads
and steam induces active exchange OF commodities,
distributing profits more over the surface OF The whole
country The operation OF the independent treasury by
causing capital 10 condne itself more TO productive
empoymenls than formefly-hat is by preventing
purely speculative opera,ons-has directly inhaenoed
Tia rapid reprod ucon. Formerly, when the bank mania
prevailed the application Of capital through those IN
situations the consumption of the real wealth Of the coun
in the hands of specuatos OF late factories and rail
roads have been developed by its application and
by the operation of the latter OF country have
been comparatively low Sates opened market and the
co OF transportation reduced, point of and
pense, that products Of industry previously inaccessible
have become available in exchange for goods Thus, for
msrly, by Of roads md wagons certain Of
country only in the neighbohood OF city could suppy food
and vegetables in be tit for railroads have
almos, indefinitely extended this circle. Thus. formerly.
"a farm miles distant would equ hours 10 send
It's produce market Ii suppose that fifteen miles or
three hours the limit that would TO send fresh pro-
dnce, tn the circle supplying the city would have al
radius of fifteen miles Railroads now transport freight
forty five miles in the time for less money An
improved speed may extend this radius TO sixty miles
The breadth OF country contained in this larger circle
radius bur its Thus, railroads
ming twenty miles hour would bring within the ,rket
range of cities sixteen times The quantity oil land formerly
available by wagons The Is not only more
general supply of fresh food in cities, but higher prices for
produce and consequently improved values OF land diff
IA scd larger As instance, milk formerly
only within five miles of New York for consumption
sixty miles in great Quantities. Genuine milk
may now be had ut cents, instead OF nnheslhy liquid
iormery cents The distant farmers then turned 10
quarts milk nto pound Of butter, worth 20 They
now send down the milk for 81 cents obtaining than
three the from the daiss, while more dis
fnd improved demand for butter Ali over the
coniry tbs of the earth have become available
by of For instance, cattle in
Of dvin. afloi om kentucky New York. great
loss OF Int and health, over railroads The
the line oil New York railroads
increased this year. in June, 250O,0Oo of which 800,
U,U ibs. cattle Of hat weight OF cattle, $4,000 lbs
(worth tan the whole ireght) would have been
jst IN dryns In the eigbohood oil all cities tronl hout
Tue county the operation of cheap transportation MAKES
available great gu ,ntites before available and pro
tnctlon he Of demand this increased consump-
ion OF pouce requires greater quantities OF goods IN pay
ment To tbs nHience OF railroads may be a-crbed the
evidently large consumption OF goods going The i'm
aud expors of of New York during the I'll.
Zeal year ending Jun 30, htve been as follows
Imports and Err oris p,r Of Nw York, IL mouths ending
tcfh June.