, 1865-07-21

FIve-Twsntles......... ...r- LII 194F
ltL-E1ftse4- So& " 44s*t
SeyeE-ThtEty honds aEe IN scttTe demand, aud
the various agents Of Jsy Cooke 4 Co. In the c! ,
are Going I ltrsc bus1eess. Small bonds arc
scarce and in particular demand. The entire 1oaa
will b absorbed within fo* d1Ja.
Cook County Setlp Ia In limited demand and
quiet at a8}0y7c for new, and 9eie for p1t-
Preston, Willard and Kean report Government
secu.,,ics Is dull and lower, except Sos, which
ara In active demand. They are Agstp receiving
sCs and 1905, sad think the Deplr'ment will con.
,tuue 10 d1l At least the back orders without de-
The I 70 Ioan will probably be closed ont this
week.
Convention recently held at Detroit worthy d
note not hitherto refaEred to In cur coin mns.
Thcy nre As follows: Ia maly instances tho del
eg.tion. did not reflect the Hel-known sentiments
OF the States which they represented. Take De-
sso.t, for instance, which pretended to speak for
the STATE Of Michigan This delegation was com.
posed OF men, eager champions OF Reciprocity
Wlh Canads and yet the tTo gfest interests OF tho
sa.e Of MIchlgan-grs1n and lnnber-haye been
dausIed vesJ materially by the workings OF The
p1esent treaty, snu almost every farmer and 1am-
herman arc st,opg opponents Of Reciprocity. Bat
in Detroit there Il . email trade with the paop!e
On the Canada aide OF The river. and the traders
there sacr1ca thed leading intefesta OF the ss,ta
to s.ye 1t, Than these il Portlaud, which h7p-
pens 10 be the eastern terminus Of the Grand
Trunk R,iluay, ind has, consequently, co nslder-
able traffic with Canada. Tha delegation from
that city we've also advocates ct Reciprocity, and,
Maine has probably suffered ~ much tom the
present tresty AZ any Other State In the Union.
Lumber Is The great staple OF Ma1na bus ever
sixce the Reciprocity Tfe1ty clms into efset, 1t
has been mote profitable 10 buy lumber in Canaaa
Than in The United States. So strong IL the op-
no,,.tpn to ts treaty IN the State refarrsd "a, that
st the lsst sees,or of the Legtalstu1e resolution
was voted for By every single member e1
cen, one, ask1n1 the Geueral Government to ahro-
cate it. Thu. the merchants Of Detroit and Port
land. rather than lose the pEtty trade they have
with The Canadians, wexa willing 10 materially
damsce tie great Interests Of their various ststet,
IN which they arc dependent almost for their very
rxtsteucc 10 .ay the least 1t WIS carrying ahort-
.Ichtednees to grealer extent than Is uaually
| rnnun. Boston s1anda IN the same category.
/ The manufacturers OF Massachusetts are
| onnosed to the treaty, but the "hub - has aoms
tfsae With the Canadians, and tbs manufacturing
| fnteTe.t WIS ferored or sacrificed in order to
| ssve it. .-.
Then szaiu, The grain interest had not 4 single
champion In the Cunven Ion. II WAS soreRons
coueluslon, that any man from tho West Was to Be
CHECKED dowa by the Reciprocity claqucrs. 4
1 AAA"
tntci,1 interest, but hb was ordered to Eli
i1nrn. bec1use Michigan had been already
| renreesnted BY Mr., Joy, q Edwytr,
who was specially engaged to advocate the
Treaty, Thta wAs repsrsentauou with ven
ceance. but one which the lumber manufacturers
Of Michigan 77iu not soon forget. Detroit owes
lta existence to Tho prosperity Of the lnn Ter
trade; but representative Of the lstseT Tns noi
allowed 5 hearing IN the Convention which as
aenbled In that city.
-The failures in England continue 10 Increase
The news By tho 1ast steamer include the follow
iue:
The creditors Of Meazrs. Woodhouae, Kenzith
l. CO., East India merchants, whone failure -
announced short tins aao. met oa tha z3d uls
| Ing 10 E25si7D, and stsen R9I ,s3a. 1t wal
nnsp1moueIy resolved 10 hqutdste the t6alrs
| The house under inspection.
~ ssumstad At about 3ls,Mo.
The stoppage ot Messss Thomas moore . sqns q
LII Isab,.t.se @ amount 10 about ,ooo Theesoee
tst,on Is III the liquidation Will prove favorable
A.nss sasfknnfn someF:.s We! near peW,"aTy U
hsse Ssna 1a1 shsm Il IS sai sSres auloaattog
owe. 1910. With, 1t Is fsa'ed' Assets 70 aFet'
-p1um s,stfst1es Of tha Like Superior region
va cull The following items OF tntereas to on
4
| readers:
The prodrct Of coppsr in lsai WAS s,ts tons a
, follows:
Eswapaw Di*trlct-- X
| pptt,ge ..-.....'----'-.''''''''''' -
, OntoDagon.. .......'..''.'''.''''''"' -
). e,5e
V&tuh Of eApQe. go
+ Ennaher Of peIsoEs enp1o1ed IN pfodas- xA
inc eeme. .-......---.'.''-s -
p,oanss Of lion ora IN 1861. tons...-.... ~ 81 =
4 Va1ne ~ ~
snannt al Capttsl employed. ed............sa.MstCos
a,oonnt of PfT Iron tn 1854. tons. zau
: Tha shiupinK and railroad capacity needat
@,+n.rat, Ill the business growing ont OF this Va
: n.h1e pro6uct Is vesJ 1arge; the nerch sndize AZ
: .nnn1ies reoui,ed, foot u2 IN i1nuenss sum- AZ
u :. =, dao to Chicago, now thatwe have estabshs
;. s1,ect railroad line. that tone Of this buslne
il .hnnld he diverted to this market. Two.thtrds
l. the coppe. Is now smslted At Detroit, and lsr
) nortion Of the general business Of the Lake
d nenor country Is controlled By bctse
8 and Cleveland. from which cities there
:. regular lines Of utea,re1a aud direct CO
10 ! ..r+fopA It IN for The tpteF61t OF o