The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-02-07

1t is estimated thar western Now York wheat can a.
hour be laid down in Liverpool At 81 10 per buhs which
lower than any other country can supply H. with The
cepon Of Odessa in ordinary years and American hour
worth b. S. in England than that Of any ehsr
foreign country. s1ss 7a3slg 10 ~
We have that the quantity Of bresdstunS 70.
qured by Great Britain in aid Of good harvest h snor-
the which have ruled In the year; thar
those prices are under peculiar circumstances unusually
low. Europe continue the supplies those tss
which alone she retained the English marksu An
those prices, which inevitable win throw
England upon the United States for her suppliss> The
market, in the hands of farmers will b 70.
taned by them, because they will have the means
Of preventing that extraordinary rise which. by reac-
tion. has caused the low rates Of the past Ia Eu
rope. The means which the United States possess of
Supplying breadsuffs infinitely greater than In
iss7 The Illinois and Michigan canal the Cincinnati
and Sandusky railroad, the Michigan railroads. the Wa
bash and Erie canal, and the Miami canal, all open
tensvc tracts of grain producing countries that
accessible market in the year 1877 Nevertheless, ths
lakes delivered Buffalo, in that year. Isl bbls. Of
-four and ssl6 s62 bushels Of wheat Il 10 much
that through the extension Of the works named doabs
the breadth OF land IL accessible. The Geigbng
pacity Of the Erie canal then taxed lie
taodinay prices Such another demand viii find The pres-
relieved by the northern railroad and by the great Erie
railroad Of New York. which will be completed 10 egnteen
months The capacity Of that work to deliver flour may
estimated the fact that 100000 bbl passed over
he western railroad in 1884, and nearly co., 900 bb 80
The charge upon Erie canal this year - csnn ech
and 81 freight. The having no Wpay
can deliver pounds The same western STATE oks
which bring produce the lakes can also devss the
il the from the lakes eastward v ncs sa
cen Hence IL is probable the export trade win nsvsr
again In season foreign demand be araNGsi by
enormous internal feghs The high price Of cotos pro-
ducng similar anxiety to increase the culture. already
ansst itself in higher price OF hands, and may Induce
lesened culture, thus enhancing the demand for
western grain. 'S4
The business OF the spring has thus far been ve ntis
factory well early; and IL is remarkable fact thatshs
prompness with which payments have been made ssn-
sbng the city merchants tire considerable amounts Of
their paper, causing the market TO become more easy AZ
Boston money Is very tight under the continued pressure
II railroad demands but In New York, as no exsFa de-
nand ineerss with the application Of business capie 70
s regular object the supplies In the market iusresse
with progress of business u Is remarksbe thAt no
speculative spirit has yet been developed. That which
risted 10 some extent domestic manufactures has been
checked by the advance Of prices by the manufacturer
themselves.
bs - ION market has less buoy ancy; and uuder the d.
oossIoo holders realize their large pros pfIoss
Win The past week closed blower than on The 13d
since then sccoun from the South have again made
oders more reserved and also induced sh opsrs 10 aks
mold more freely and the rates close foiiowsi $50
Ordinary. Mid Mid. fsir Fully mir.
Mobile Mobile and n Orleans. iai sn ississ isisR iS sH