The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-09-22

This EXHIBITS the seton The New Yotl banks
gained 900 in the period Bank Of Eng
and lost 0S0uOOo and The OF interest
per cent which lends check in
which yield bat small profit but require great deal OF
MONEY IL is obvious thar credit sxye~sipe and
more haxatdoa The demand for money raises lis price
and us application dimnshss the chance profits ~
overlooking The markets. eding rsvulsoos
which overlook California last winter and which mus
threaten Australia. The United Satea market. are
thus Unrestricted There has been extensive
OF borrowed money in goods abroad sa ia
hnx srdous marksts Large investments have. indeed been
made in goods imported. md ufactnred for sale
10 the interior Of the coonty but those aL-,s
and rising The demsnd for products has sci %
enhance the means Of payment In extraordinary 6e-
gree while as we have seen The operation OF the gov
eminent treasury has bern prevrn, banks from i'm
parting unsafe stimulus TO enterprises.
andng the large fnportaions, The can be ILL.,
tie commercial balance against The county. This TACT
cannot be HsceT'aned by the balance OF the shown
upon the treasury necessary to look ii rmer
epochs For the five years ending with 1886 there an
excess Ct 1888 goods Imported and S3l
imported, making S6s 100 0O0 against country set
tied by bankruptcy In three years ending with 1870
tor specie and gou1s balance OF $50 100 600
which serted by Insolvency. In 1913 there the
United States S5S 900 for produce, Of which 0i5 5OO
900 in specie, and mech. probably, paid old &C
AT the close Of 1871 hee balance on good.
due The Union OF x22 900 010 OF this the
awful revuson in Europe, and general loss OF credit in
England SI7 800 600 paid in speeis Of which Lsre
a mpoh Of S12 4ia $50 ls4T uione In rho fol
loving year the export. Of specie from Union were
buy the goods being sacrificed ,r cash during The
the eonnent la lsls the chang ed
In 1850 the United States became xsld-erpofiing
try, snd the sxce~ OF exports Of the metals ever
imports has been SIS 500. GEO. which would leave bal
of Ssi $40 600 the IAsnpe sgxinst tho
couafry which Than absorbed BY the profits
exports The elehs esrped by American vessels conse
sueny and the influence Of socf, and bonds sold abroad
upoa OF trade. have bssn very sn.
of
arrived in the county il the II year. ending with 1852
577 900 The OF goods by these people
large, and ta~Y ttc1Ehi The money pay Tor them
viI them They paid $i0 per bead passage TO American
vessels kiLg SlS Vno be lore they landed and IL
paid So per bead goods. w,uld the san
Ss7. bi0u0Q which ouxhl INTO tae balance AID
lar excesds VII usoses Tor interest and proceeds
bonds U.d-r oil these che coald b.ve
been balance against the Unon the close Of 1852
The present year La. OF pos but Of more
profitable exports Although The oi-si kxures have
vet up. have dsfa for sppr,nn
SUR, ~h.h Lssf pa he present Indications Of The foreign
.ncs !, rather In favor Of the Unon The srHrp 0. Gus
ON. dates. compared With lssI ye.r. gives ds
tmarinx the inafs "a. 81 goods ne fcliowss
panes State Inpsrfs and Erps,ts.
Da,Ia''e imports, 50 cog COG
Free a'spccoc
Exports. iy c0W
Erpons California gold 80. ................
Appareat v.iss.. Iesoooos
The state OF exchanges this Indicate. the
actual balance 10 iess even than TINS amount.
The ss, fh~r fsrened The markets Cor Hour
" becsuse ihs fss neh reported ssie Sales Glazed
IS IS a Sc - west-rn mKrd; Sac, S6G Wheat B.
dab 81 iA2 las GENIE; Michigan red soushcrn l2o
GEMS Rye s5 Os, - cents Pork is run Al sl6
prime, sIs Lard. III ceu,.. Beef prime mess yi7 /.
yfS
Cotton IL rather duh at III ALL for mixed New Ofean,
Ff~g hD are active Flcnr 70 Liverpool. ., Have, 80
crsts. Wheat, q cents.
The stock market has given sign. Of greater annaion
under ID. growing sbspdwnee OF money, bat presents
very MARRIED feataws.
Yours. PRENTICE.