The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-07-22
Import.
Export domestic.

This table ind some little of com plant the
part colonisshe market for the fish having grown
extent The whole interest is, however
small compared to the importance attached to it,
The general features of the markets here remain
" the same rs before. The fall ads indeed, begins to
quickly with every prospect of continued m
provement In activity and In prices Money continue,
abundant and the gold accumulate in the banks, with
general downward tendency in the value of money. The
supply bonds upon the market ard increasing, but
the demand for them continues good The city OF New
orleans bonds being per cent, 40 years run the
tent of $4,000 O00 taken up this week rate oil
enhs OF premium-neary all on foreign
These bonds in addition being )od 6per-cent In
vesent likely 10 be in dem and for bank securities under
tho general banking law OF Louisiana At the present and
prospective for capital the investment
been good ina much the whole
OF bids nearly So 900 900 about par This
speaks well for the credit OF the Crescent city But bonds
in less demand and many persons entertain fears
the sale of the railroad bonds now being created
Most of them fall due In years. and the roads
nearly 500 900 clear pay them oil that time The
effect OF gold will, however much aid the operation The
roads themselves and the stockholders stand ia the position
hoders OF real property, which ppecale with the
decline in god that takes place The bondhodes la
position of annutants whose properly will de precate
Hence IL Gay out thus suppose company has DOC
bonds outstanding worth par 100 000 which would be
equal 10000 shares OF stock 500 parj i those
bonds convertible and the influence Of gold supple,
becomes great many anticipate, issue OF O0c
OF stock ght cancel bonds which equal
10 600 shares The shrewdest capitalists Ia view of
possible choose rather those which
Ike stock repTesen than bonds oul
debt fmoney sto fall in value property will appreciate and
debts dsprscias These considerations which operate
in favor Of the security OF bonds but against their aeua
value in Of payment History gives repeated lessons
in relation to the depreciation Of money.-he continental
money of the United States and the assignas Of France
Ia the latter the depreciation very rapid. and
fortunes made by boro wing property. To pledge
bag Of gold on special depose for sum OF money wal
frequent device. In few weeks it would be redeemed
for half It's value The depreciation oil the money OF the
world through the abundance of gold, WILL &c the supply
holds out be less rapid but equally effective The inhu
of those has begun already separate
the of credit from the representation OF prop
erty In the market, Moreover, railroad bond, even q
mortgage, has but ule IL any, security over stock II
the road does the Of paying the bond the
bond cannot be paid.
The supplies Of produce good but prices In almost all
the rise, swell under the influence Of
effective demand for speculation Provisions, breadstuIs,
materials very buoyant, and beefis higher Than
IL has before been since the OF 1912. Ia country
like ours, rise Ia price will immensely stimulate supply.
Probably the advance In pork in the last has been
uae expected result Of railroad influence. The
nerons induced farmers expect market for corn and
they RETAINED from putting upon -four legs, while the
high prices Of pork induced slaughter OF stock hogs
Another may show immense conversion Of corn
into pork under the stimulus Of higher prices There
In all directions signs OF activity which promise the
greatest results for another years business Wool is
very firm ookingup. Hodersook for rise Of least
five per pound under the known short domestic cup
ply aud rise abroad, accompanied by improved de-
mand for and rise in wooens Some purcha Of Peru.
Wan wool have been mede by western to
Substitute Tor domestic 80 cents. Cotton has been rather
quiet, but firm 10 prices The abundance Of money favos
the holders, and the spinnsrs' demand is fair
The stock market presents material change, but has
been rather slack than otherwise. This day there no
meeting OF the board Of the obsequies OF Mr.
Clay Yours, PRENTICE.