The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-04-28

The excess of receipts, under $50 900 bales is less
than the enhanced consumption. The United States spin
Alone to this time have taken nearly 10000 bales
increase of 20 cent last year. and the demand
for goods justhes the purchase of material 1t may
be the that the advancing prices tell in favor of the
United States production, because now that advance a
ects well labor material II was to be the
that when material rose and labor cheap
spinners put less cotton and labor into the cloth
that is made finer goods and rice pasd-when the
rial fell, they ncrea sed the size of yarns The problem
presented is tina, although material is high,
wages have advanced and are still advancing in such a
manner to make coarse cloths more profitable, in spite
OF the high prices of cotton The high prices Of labor also
promote the consumption of precisely that descdp tion
goods which is profitable make. Hence the cot
market promises very favorsby, the prices being rela
lively low.
With general view favorable for the sale of agcu
ura produce, aud the experience of the passing
relation to prompt payments In every section oil the
try, the protectonists have ceased declare the
country ruined, and OF the rsbd confess that
facurers well enough established to Withstand
foreign petition" tpids the Tribune of this week }
II such has been the effect OF six years Of Mr. Walkers
revenue tariff" general reduction would give
manufacturers the command OF all the markets of the
world and why should they not have i'll Neither Cali.
orna Australia have succeeded In dveung the
OF labor which for long time has towards
shores They have given additional impetus to the
exodus from LELAND but they have not diminished the
rivals here. Great as the supply OF raw materials among
us, the supply of labor 10 them up is ami pie
The pressure which has taken place during the last sixty
days to have been uucsled for, and apparently
turned the inactons Of the subeasuy law, causing
violent in specie II is insisted here In wen-
formed quarters that Mr.. Draper paid per cent for the
OF the government moneys fact which, If established
investigation, will explode the faacy that the Of
the money without interest the compensation to the
broker for paying the government stock There doubt
but that the irregular movement Of those large Of
specie the main Of the late pressure. The
banks in struggling for specie ceased discosn and by
50 doing caused pressure On the disposition Of the
banks to discount depends the question Of every mans
prof-thst to say nearly all the goods sold for
Of individuals and on the process Of applying those notes
Tho payment Of maturing obligations, through the process
Of what is called discount" depends every business
mans welfare. II he freely them, he realizes
the profit tho face OF his safes. he encounters difficult
y his profit. diminish precisely In proportion to what he
pay for the convenience, until finally enough
pay his debts and he fails This question
upon the ability Of the banks discount and IL the dear
right Of every 10 know constantly how high the
line runs, that be may Judge OF the future difficulty in
obtaining discounts and regulate his conduct accordingly
The leading features Of the city banks have been,
cording to the two last returns, as follows