The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-06-18
FROM our oWY CORRESPONDENT
Nxw Yo.x. June Is. Isss-la

The news from Europe per Arago ut this port f,
southampton June 2, and the Europa at Halifax from
Liverpool June 5, is not Of special importance rth
than regards the expression Of opinion In the pnLE
Journals to the conduct Of the British officers ON NJ
West India station in visiting and searching Amerien
merchantmen. The condemnation Of the officers seem
10 be universal and is very emphatic and there il ~,
strongest to believe that they exceeded thei, IN
strcons in the grosscst and most objectionable n,anu
from motives OF culidty and that their ton ws wbolh
unauthorized by the British Admiralty and the COM
rnancr In chief on the station
The precise action a. lie taken by the British govern
ment ID not indicated, but II he readily inferred
from Mr.. Seymour Fixgcrslds Under Foreign Secreta
tary) speech in reply to Mr. Lyndsay, that they will ds
the proceedings of the cruiser epMmanels and MAKE
the amplest atonemcnt for the past have seen private
letters from very we'll informed which confirm this
opinion. and conversation which had to-day with one
most likely to be accurately informed British AD
leaves no doubt whatever In my mind that the proper
amed will Ike made and that steps will be taken to e
for the future any recurrence of tho Insults com
planned Of The London Shipping 0axetts OF the slst
nt, and Of the LIST inst contain long articles on the
subject, in which very fair conciliatory and perfectly
proper view IL taken of the entire affair.
1t Is u be hoped that the opportunity will not bo
let slip OF settling forever in distinct the long
disputed question OF the right Of search II Great Britain
sincere In her desire and intention to abandon formal
ly that right No far vessels concerned she can
do most efectually She must rec that we will
submit to its exercise that will go to war be
fore make such degrading concession and that 50
Theoretically feeling
of irritation will exist which act preudiciay to the
interests Of both nations
1t is clearly with the spanish government that the
English authorities have legitimate right to deal tho
suppression Of tho imports Of slaves Into Cuba The
Spanish government is bound b0t Ivy treaty and in con
sieration Of several millions Of pounds sterling to her
s'wc and truly paid by Great Britain to discontinue
the slave trade, and II they neglect this duty and afford
encouragement to the Ubiquitous traffic It Is against the
Cuban officials that the philanthropic gunboat command
should direct their vgiIant ex-riSns. The London
Times, which for tune has expressed the opinion
that the abolition cry impOsturc which hs been
ruinous to the British West India Colonies advocates the
total withdrawal Of the squadron, and asks Is there no
such thing giving mp crusade which began by being
optional and il found to be inctfcctualf IL there no
other use to which could put the half million of
money and many valuable lives annually sunk in these
The remains Of ex President Monroe are to be escorted
hence to their final resting place In Richmond Virginia
the I'd proximo, by the seventh regiment, National
Guard The officers and OF this fine CORPS have
solved to bear the entire expense Of the transportation
estimated at SIS 900 have no doubt that the State
authorities and those Of the city OF Richmond will ~
ceve them hospitality, and show them the distinction
they deserve The gallant New Workers. after fulfilling
their pious mission aud attending the obeequies on tho
5t Of July, purpose to visit Baltimore and show them
selves in Pennsylvania avenue in your city bespeak
for them cordial reception,
The trial Of Canccmi, which has cansed much inter
est here, Is still IN progress, but new developments
have been made. The general impression Is that tho
prisoner will be acquitted
The swl milk--or. they sometimes called the
''stump-taH investigating committee have concluded
their abors Nothing very interesting has been aduce
in addition to Frank Islies revolving disclosures The
committee will report early next week
There more marked Indications Of greater strin.
gency ut the banks and OF tendency to increase ia
the rates Of discount I already told YOU that long loans
not in favor either at the ranks or discount houses
and to-day there more decided disposition to rsect
everything, no matter how goo TINT had more than
months to run. The following the current quota
tions
Do other securities ............... as
Prime endorsed bills, 90 90 days. 4as
First class las. . t signatures sac
Names less sap
The movement of the banks in the four principal cities
In the Union where weekly returns made as follows
for the last week 8
Nav . ana ass Is ID sss SPECIE 's..
Boston June H. bs,sso0O 2osls,SOo sAi0Doo s7Hso
sA s,ss DO sssss
TO.d o7,2eo77l 1873 800 $50 % 900 al2 .s4ssss
last week 2o7,SsSS7e lssscs,esz So,ssoses .s74asSs
Foreign exchange is quite dull at the rates quoted in
my last There being steamer hence for Europe until
next Wednesday, the market Is merely nominal Thee
active speculative business at the Corn Exchange
today in four ut advance Of about ten cents barrel
on Yesterday price Wheat was in moderate demand
being rather too firmly held for activity. Corn was
trilc better but the transactions were light Pork was
very dull Beef stendy, without change in prices The
speculative movement in breadstufs Is principally for
western account and 1t is said Is caused by the disastrous
effects of the late storm the growing crops Cotton
more active md higher Sugars are dull and heavy.
The stock market WAS very fiat and heavy to-day
State stocks held their price, and n instances ad
vanced, but railroad shares western particularly have
fncn off, and the bears have everything their own way
At the second board prices still lower New York
Central fell 81 Erie 4 dalena and Chicago Cleveland
and Toledo g. Chicago and Rock Island T. Reading
however, Improved Il Milwaukee and Mississippi and
Michigan Southern /.
The following the closing prices Of the principal
speculative stocks Pacific NJ s. s. rs; Michigan Cen
trail, sc New York Central, 8Oz Erie, 16&; Hudson
River, 2b3 Reading 43i; Milwaukee and Mississippi
204 Michigan So FL; Galcna and Chicago So;
Cleveland and Toledo, 3ia and Chicago and Rock
Island, 70A
The following are the cash transactions for tho day
at the sub-treasury:
receipts; --------------------- $2,0l7,635 10
Iayments- --..--------------- 2l3,OOS II
Da'ahce- ------------------ 7,4l2,294 O6
The receipts include 81 92l 800 for treasury notes
which, with 81 200 900 deposited yesterday makes tbs
total amount received for tho new loan at tho s,
ury here, SO, l2l 600
The receipts at the custom-housc for duties were $685.
693 IL ADBUM
FROM IN OCCASIONAL CORRESPONDENT
BALTIMORE Juno ~, 1858.
The good people Of Baltimore have Just recovered from
the panic created by the recent Overwhelming food to
80.