The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-08-26
FROM OUR OWN CORRESPONDENT
Nrw York, TUESDAY night
A,

The telegraph that that mysterious organi-
cation known the American State council assembled
at Albany to-day Mt for the purpose OF taking steps
10 call the American State convention The chief ques
ton to be decided is whether the convention is to be
called at the time later than the republican
convention, which is to assemble at Syracuse the Sth
of September Thus far there intelligence that this
knot point has been decided but the probabilities
that the council will decide that it is wiser and more
polite to what the republicans do and say the sth
OF September before the know nohings assemble Even
some Of those who in favor OF the great fusion
ment s proposed by Greeley, Headley, and Westbroo,
think that il would be we'll to have time 'sto make
terms before they rush into the embrace of the black
republicans and that it is wise to ascertain fully what
Seward, Weed Il Co. going To do before they
commit themselves further The Ulster county Amer
leans are very indignant at Mr.. Joel L. Headey 8
promises their behalf and repudiate utterly all
association with Greeley and his new ally, Theodore
Westbrook. Know notlngdom generally throughout
the State is on the gu pite, and seems to be
heartily 'aaid OF the Greeks although bearing gifts
Gusavus Adophus the lion of the north (wes and bull
wark of the know nothng) faith Erstus Brooks, Jessie
c. Dunn and others, who said to have been present
in council little likely to pass into the republican
camp, and become active Sewardites unless valuable
consideration be secured and the question is will the
Sewardites dare they subscribe the Greeley Headey
Westbrook articles Of the fusion faith
With the laudable desire to prevent ''nsrepresenta-
ton and fslsehood with regard to the interesting pro-
ceedngs Of thc council pass words done away and
the public to be hencefoh allowed to occupy the gall
leres, and be edited by hearing the true doctrine,
preached by Gustayus Adolphus. suppose that this
Is the first step towards the smashing of the know
nothing mashen, to which the Express made face
tious allusion months since
The receipt of the telegram from the Lord Mayor Of
London, in reply to that sent to him by the Mayor
New York the laying of the Atlantic cable has ST.
fenced the croakeis and has proved conclusvcy the
availability of the submarine telegraph which few af
fected to doubt until to-day 1t has also in measure
revived the cable MANIA and has given FLIP to the
thusias necessary to make the fas of the LIST OF Sep
tcmber pass off properly Oar principal jewellers are
about to avail themselves of the occasion perpeuate
the event. aud make good thing Of it. Sections
of the veritable cable, mounted in brass silver and
gold, ut various prices from 25 cents to 81 sos cable
lockcts cable seals cable keys cable charms, and quite
variety of bor OF which fraction of the cable is the
principal Ingredient advertised for sale and great is
the sale thereof Almost the articles to
which the prefix, Field is attached Field polkas, Field
necies, Field hats Field everything to be found in
every shop window. Thus do make ourselves immor
tai We accomplish the greatest work Of the age, and
name is taken to make jig popular give sale TO
a hosiers
There no change in the aspect of the money market
and immediate prospect of any change until the fall
trade begins, and the demand for money is thus smu-
lated The rates Of discount last quoted by firmly
adhered to, and, while there is to raise them,
there is disposition to relax them the part of the
banks and capitalists.
The market for foreign exchange closed heavily this
morning. aud it is said that several bills have been left
Brown Brothers, and two other first-cliss
drawers ask 1899 for sterling drafts but the bulk of the
business done is at 1924 1893 Exchange Paris
dull Mt l3a 5 III. Other continental exchanges
unchanged.
The stock market opened heavily bnt under the nlu-
Of heavy orders to buy and spirited bid
ding, reaction set in, and average Improvement took
place of about per cent. on the principal fances.
New York Central and Erie the moat affected by
the buoyant movement, the impression having gone
abroad that their respective representatives Messrs Corn
ing Moran, had almost settled the differences between
the roads. AT the second board the improvement
greater and more decided and the market closed softly
at the following rates