The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-06-25
From the Panama Star, June D.
Later from Australia.

The market has remained steady at IT'S during the
week. Gold heing at this price, and bank drafts al per
cent Premium il is now matter OF nice calculation ilb
the merchant which be will adopt remittance to lose
The least by Within very short period his calculation
was The very opposile-how much he would realize by
renting gold.
The Indian market lately so profitable for the export
alton of gold dust has been Unexpectedly shut by the
mary ierrors OF the government dreading
OF the precious metal, and consequent decline in the
standard value Of the Dobu This to be regretted
will prevent the opening up OF very extensive com
merce between India and Victoria dec also from The
fact that several eminent eastern firms have already
opened branches here, and it said many more 10 folio
Gold is the only profitable commodity that be remit.
ted from this TO India Tor their sugar rum and rice
for all OF which Victoria large consumer, and u
pable to a government thus stepping in SEN the
legitimate channels OF commerce the hand and
put clog apon the expectation OF The products Of their
country on the other.
The committee appointed 10 report on the management
OF the gold fields have concluded their works Tor The
emit Some really useful practical suggestions are re-
ported; PARTICULAR that police should patrol the Dig
gings night and day. which, if followed out. would pre-
vent vast amount Of crime and in the long be a
saving to the colony Another important suggestion is
that The gold fields should be divided into sections and
watched over by an officer, with men under him. instead
Of at present, concentrating The police IN locality
The banks IN Melbourne have followed those of Sidney
in altering The exchange Iron par 10 per cent premium
issuing their dra- This step has been very annoy.
ing TO many mercantile from having made their cal
euauons Tor remittance upon The late rate.
Gold has not taken corresponding rise. the dread
OF spurious metal and at such rates makes il hazard
Gus transaction.
The total sbpmes,s OF gold since January LIST have
reached e. 260,l05
Exchange 90 London on drafts against gold hypothe.
Gated, Jos 10 55s per ounce per discount, by all
the banks Freight OF gold delivered at the bullion Of
fee London, 3D. to I'D per ounce by steamers and sa
ing vessels.
The demand for every description OF town and country
labor continues. WorkHg-nen, says the Argus OF the
22d find immediate employment and at high Car
pentes are quoted at 2os 10 25 per day. compositions
(ptirers Is 81 per 900 ems backsmiths 1ss 10 20s
good fern lsbores, El 5s 10 fi I5', with ratons y
seamen for the home, cas- 10 ESQ; 10 Caao, El0
coasting, Is TO GO per month
Invoices of blankets saeabe; boots and shoes water
tights and ace.ups, in demands canvass saeable mole.
skin good stock band slop clothing, good
quality saleable; broadclobs, good quality, taken on
fair terms narrow cloths, do lannes, scarce; gng.
hams not much IN demand hosiery, suitable for the
son, saeabe shirts regatta good quality, very
and wanted ditto striped ditto scarce ditto white cot
ton linen fronts, ditto ditto bloc SERGE mark e, full sad
dlery, far inquiry fof good stationery certain dcscrp
lions IN demaed.
Freight Of gold to London in sailing vessels 4ii per
or per steamer, 6tt
FRoM THE SoUTH The Pennsuar Steam Navigation
Company's mail steamer Lima, Captain Bloomfield. ar.
rived in port yesterday evening, bringing dates from Val
paaiso 10 the Alh and from Peru 10 the ooh OF May.
Oar exchanges contain little oil interest
Business along the coast is reported dull.
Peru continued 10 make preparations for conducting
the contemplated against Bolivia though no open
declaration has yet been made.
The yellow fever raging in Lima and Caao.
The following correspondence from Valparaiso con.
tains about the only news from that quarter:
Correspondence Of u. ranam, starl
VALPARAISO, May Ia
Business s dull the weather gloomy. provisions high
and money scarce Ffeghis. however, maintain their
l. - N.