The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-07-14
FROM OUR OWN CORRESPONDENT.
NEW YonK, Monday night, J

tsNa tVR 'Aoe July I2. 1858
If the teIegaphic summary of Judge Douglas speech
at Chicago published In this morning paper be correct
he certainly has not SPOKEN TO his constituents in iii
nois the sme sentiments which he recently uttered ia
conversation with several Of his democratic friends this
city There is Just chance that the Chicago telegraphe
reporter has not given fair report of his speech but
confess 1t IL avery slender one and fear that shall
have to regret that the senator from Illinois has contra
ny TO his express PROMISE persisted in opposition to
the democracy Of the Union which will render inevitable
severance OF all ties between them and him His vio
lent attack on the English compromise bill by which Kan
has been paced and which received the approval
of nineteen twentehs OF the democrats of the entire
ederacy is sadly at variance with his that he
would regard the English bill final settlement of the
Kansas question: and that he would recommend acquesc
ence in its provisions Great deep regret
are felt here at his change of front that is If his speech
be accurately reported His alluson to the Russians
caring whom they hit-whether French or English-is
unfortunately applicable to himself than TO anybody
else He to deal his blows with equal severity
against the administration and the republicans and
the administration is tho choice and has the confidence
OF the democracy of the United States when he asas it
he puts himself in opposition to the democracy. He
should also remember that the Russians at Sebastopo
were beaten The full report Of the speech is anxously
looked for. When it arrives fuller and outspoken
Judgment will be pronounced.
Cancimi the murderer, to-day sentenced to be
hung in September next notwithstanding the ingenious
efforts of his lawyers to arrest judgment The prisoner
made speech after sentence pronounced, in which
America ME $500
The remains Of young Hamilton of the National Guard
whose untmely fate has caused SO much regret among
his friends and acquaintance here reached this city this
morning in the Roanoke escorted by several members of
the Richmond military companies Some of the relatives
of the ifated young man were present to receive his
corpse which was conveyed to Trinity church, whence
his funeral will take place tomorrow.
The statement of the New York city banks of their
average condition for the week ending to-day shows
compared with their last statement decrease Of s94s 470
in loans an increase of $6T536l in specie increase
of $ll3 1873 in circulation and decrease OF 1878 4S7 in
depostes. The statement is somewhat irregular. Some
of the banks have made up their average for five
and others for six days There has been some con-
troversy to whether the banks should make up
their statement to Saturday Monday but the bank
superintendent has distinctly declared that they
bound to show their condition the Monday, Tuesday
Wednesday, Thursday, Friday and Saturday, and that
the statement should be dated and sworn to Monday
and published on Tuesday.
The money market day was exceedingly dull. The
offerings for discount at the banks smaller than they
have been for time and prime paper is
than 1t has been The consequence is, that lenders
very eager to meet the views of the few eligible borrow
ers and ready to lend at very low rates But
the extreme cheapness of money does not tempt borrow
They hold off and seem resolved to wait until the
fall trade begins The heat 600 at O'Clock this
morning) has driven most who afford it out of
town. and business of every description stagnant
it is possible to be.
Foreign exchange was very steady for Wednesdays
steamer The principal drawers asking l09a for GO day
drafts London and 5.l1t for do. drafts Paris.
Good commercial bills were scarce at l09a 1893.
Should these rates be maintained it is probable that the
shipment Of specie will be very considerable.
Treasury notes in active demand by importers for
the payment of duties. The current prices substan
TALLY unchanged. aa
The stock market opened very strongly this morning
at the first board and there good deal of activity
manifested in the leading speculative stocks. N. Y.
Central and Erie advanced and respectively Satur
days closing prices, and the average advance of the
whole list about per cent State stocks were very
lively, and also advanced in price.
AT the second board there slight reaction Eric
fell off !, NJ Y. Central l. Mich. So. f. Cleveland and
Toledo !, and Chicago and r. l. /. The following
the closing rates after the second board eg