The daily union. [volume] (Washington [D.C.]) 1845-1857, 1854-09-07

treasury. Bank Totals E1psr-r. CAliiApia
Aug ssasssOe slasgosoo ss,-slos asao4o ssOosis
Aug - 1a,ss6 1880 seasa:oo s.s'ae4 ann
SIP o.. ossS0oo l47lslooo 2tsssa,nco i13s,sss
The export has in some degree exceeded receipts yet
the the city has increased nearly 50 600 Oo0 The
present aspect the exchanges sac however induce
much caution with the banks At the eastward money
seems easy That section has
cred from the pressure Of railroad demands which licked
all the available since and has suffered
less than New ork by the reaction The staple goods mostly
manufactured in New England have, whole, sold well
and been promptly paid and shipping has paid WELL There
is therefore, great depression upon those interests
The Of New England industry such to
rapid increase Of wealth wic for the most part is created
by that class which in all other sections generally
poyed Young females The goods they paid
for h the South and West premium equal 10 the tariff Of
so per cent. consequently, anufacturers wealth
lates and factories multiply remarkable instance ia the
Of Lawrence The tariff Of 1873 conferred great wealth
the Lawrence family Abbott. Amos and Samuel Became
miionaire, and the former minister to England These
gentlemen, company with Others Of the interest,
formed the Essex Company, capital 81 100000 The
pany bought very small price what, since
barren and housees track miles by g. the Merrimsck
river the point where Andover and Metheren sea
rated BY that They damned the river and turned
its canal running parallel with IT, thus creating
power. They then built machine shop
pany called the Bay State Mills with 81 600 ooo formed
shawis Of WOOL then the Atlantic Cotton Mills
with ST capital and the Pacific Mills capital
81 900 Abbott Lawrence president manufacture and
print deane and caeoe has gone into operation. The
barren sandbank has become beautiful city Of 1000
souls banks churches. &c. The Essex Company has d
vided Its capital and has 50 600 Of property
manning The Bay State Company built mill
for $500 ooothe first years profit Of its shawls- All the
wealth created by farmers daughters mostly and
paid for by the South West under the tariff At the
Pacific Mills 900 hands paid off about 1874 900 monthly
for this purpose the snail OF the Bay State Bank
used and circulate about sixty days. The girls pay for
board 81 50 per weeksay S5 each per food
They board the houses built by the companies and
superintendent Tbs result Is that capital Massachusetts,
applied employ land and labor in rery profitable
productions which in other sections vaueles Thus the
Pacific Mills bay 50o 900 los Of coon worth $3.50 000 per
That cotton is converted By capital and labor
l59o0o pieces of printed calea worth S45o,ooo Here is
$500 paid by South and West for the
chne,ts capital female labor, and barren land. As the
country pays up we'll all the branches manufacture real
lie funds, and there is pressure in that section.
The fears 10 relation the drought have subsdedeven
the Tribune got better accounts; and denies any desire
The fears have however greatly influenced
business apprehended 5minuton Of consumption
ali affected localities looked for. There doubt that
the dsts. dreadful il quarters, but the aggregate
prodnet OF the whole country is ample.
The produce markets ell supported Cotton unset
tied BY the foreign and the estimates Of large crop
The following the last quotations by the board which
ha, been disseved
Ne1r FoTk Classification.
upRnA F1ofida Mobile. New ufesHs