The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-08-15
com N ERCIAL.


NEw yoax. Aug. Is, 1880 p, m.
The business OF the port has commenced actively for the
fall trade and the Impression Is general that good and
lucrative trade will be realized for the autumn The i'm
portaions which large for July, now falling OIL
and those for month of August will aot figure as the
hahest for the The dry goods which paid duty Tor
the week have been 81 s5 52S against iastwee
and ga SIG 7sS the previous These goods generally
cost some 0 per higher than the average Tor the last
and the markets in Europe seem yet 20 DC adVah
cling The uariness Of the impodaions has, however pre-
vented importers from obtaining corresponding advance
As the sea business becomes better defined the npoa
tons lessen and the result may be different from that OF
last year. viz, that the market will close hfm al higher
rates. heavy under the pressure OF second orders
The number rchan from the interior Is constantly
increasing aud with their appearance the activity Of sales
swe In porance. The western stores are by no means
well supplied with goods OF certain description, and the
general abundance of the crops well as the reaction Or
those circum stances attending the California operations
which year restricted sales is operating TO stimulate
increased orders. The considerable yield o the severa
crops operating unavoraby to those large houses which
have specuated short CROP and the failure OF Suydan
Sage ~ Co., Of this city, IL instance Of the hazards Of
such operations That in grain and -four are re-
ported have held equal bbs OF Hour ana he
obligations have for long time been hoang Ia me street
at the highest Of interest The enormously veal
thy connexions OF this firm, and which on former oc-
casons efficiently served them, gave them stability
In the public mind seldom enjoyed IL is not easy
TO understand, however, why, in this country, specu-
aions Of any magnitude should be based on shor sup
w
OCCASION that price which vii of trans
porlaton will draw quantities THAR battle all estimates
A speculation upon European demand Is always less
hazardous, because the Of transportation will afford
limit 10 supply average and demand which
takes the market quantity equal 10 the surplus sup
py those rates, above the Atlantic consumption, must
nee ssarily advance the price There has been little
prospect oil such foreign demand and short supply for
Atlantic pon price "a SO por barrel, is
scarcely possible The -four held by this firm, IL is sup.
posed will be shipped 10 avoid depressing the market
and as the acceptances running from the West dis
at local banks the echoes of stoppage with
recla tons, may produce in SINH
lar circum stances reported involve a certain
ion here The late from England
81 renewed relation the potato crop. the
ing undoubtedly made It's appearance. After the year oil
famine oa7) the breadth OF land planted potatoes
so reduced much diminish the evils arising
iauie crop. the last years the breadth
cupipd has again been much extended and general
blight such that feared would the OF
iS47 and advices have already stimulated speculative
demand for both and -four for future delivery The
abundance e here and the capacity OF the
OF transportation open almost mitless
suppy shores aud reward the agriculiarsls in
,hls country tor their labor
The abundance OF money in this city continues unabated
and the accumulation OF specie considerable and only
in New York, bnt in Loadon and Paris, the
Of comnetce for western Europe, similar APP
parent The following is table Of The specie held four
points, January, 1912, aud June, 1850:
Specie Of four csr,res 81 commerce
Banks OF Banks Of Bank Of Bank of Total.
40 n o., o. s,s - N. -. FIsnce England - -
lime is5O 5a215 I3s752la I6