, 1869-08-05
MONETARY IND COMMERCIAL.
MONETARY,

WEDNESDAY, EVENING, Augusta
VIC arc now experiencing the Usual sutn.u"s
s;nEn1l!au Of hcs.aess, nud Dc Is always tho case
wEen business JtUopsy the spirits OF Ma1y ner-
chsnts droop also, and eScTy posssne contingency
a1d."H" In connection with the prosrec's ol
trade are not unfrrqueusy caasasscd slta thr
least favorable construction. Lp to two or three
weeks ago theEc Was laIeed SOHO reason in the
threatening aspect Of the weather far fearing
sSeIt crops md consequent saori-lirel tradt
ta!1, but, Gunng the last 1tteen or twtnts
t!asR prospects, have changed. 1t Is now to!cra:'y
certain that, With tne exception Of corn, all the
gratn crops Of shc Northern Statcs Eth DC lar1c.
II IS also now aekno ~irlgel by rcilahle EaSllsa
Journals that their wheat crop viii be
deeeent onc, md that the ssule w.1I also be Ihe
case, TO some extent, IN France; auh though the
average condition OF crops In SoGihcIa EaEope
and in Russia Il not definitely known, tho general
Ptuspeet GaSofE an ac1tye export demand for our
bsradstuna The cotton crop Of tho Southern
S;stea, though NIT enireJ out Of atl danger, Is
neaf1y 50 that 1t IS safe to calculate more tIa1
an average yield, and q total crop Of s.ss1,uo3
sa,c, Is expected. The et7ect 0! good culton
c.cr vii! not only be favorable in connection with
ta,ionM nuances- by Diminishing the export OF
gold and Keeping doSn Lib price. tut II Fill make,
In The South. Larger uepaui
trr the r.anniactErrs onl products
Of III Nertne1n Sates- Last bat aos !cas:. n The
~auutnastpn os the prospects Of Chicago for trade
tat Will te8in to e realized To soloe eAtst VI IcAst
pi:htE few uontaa. Is the new s-ale Just open
irF With the far Western TeT1tlonea ! Iece3t
Lumber Of the Denver -Se1es notices that q !sra,e
rrepoudtsAucc OF all the koo.ls co1lag ln:o t1as
ct5 now arc nom Chicago II ne eau sell 70
Drn1tr so torca cheaper than all other ca:l;,st1-
tors In tacse Central St ues or IN the IaE.eE At
lanic Safes VT shall also te able 10 bi then In
the coc petition foE the trade Of S3ls Iokc aud all
mining REGION tNfEA4n that and h~ hnr,1tr1
Of Catnt T1lz- There IS a rpualttc fa.elna;on
aseus the notion OF t.aie With Aga" which ka..s
kt Of those Who dtscour<e about The trade that
will te developed bf the TAciac Railroad TO tn.k
taSrci5 about China and Iapan- and. though IL Is
altogether prphaale taAt We shall some ucae Eco
the rckults Of t1atlc Hith thoSe couut1ca there Is
q nearer t.sde in Colorado, Utah and Nevada,
that, II diligently worked up b5 our Merchants,
vii add Largely 10 the volume Of This fa1lt husI-
pcss. BJ the completion OF the pactnc Rai,rutd,
Nevada and Utah, which EGIe betort inaccessible
from the East, were opened 70 trade. Thcsc Two
tlopc embrace grcs!er area than al the cocatFJ
between the Likes and tho Missouri River, aul.
taJlpg Doihing nboHi the Iadc t'lat W1l te teye!-
oped In the country -h<sond them, tbs suppyt1g
u Serada md r.ah with clothing. and har3Tarc,
and c1ockcrJ, and furniture, and carriages, aad
wagons, md machinery, and Iron wotk Of every
description from horse shoe na,ls to eca1 cnzincs
HlI undoubtedly Dake vast dlleEcacc n the
fail trade. These articles hare hcretototc gone
into NeEaaa md Utah principally through San
Francisco. now they viii 80 tna raci1e 1san.
rad, aoi what city car iElnlsn them 80 chca7l5
aA chicaeo7 Whcu tho whole prospect Il NJ
sicred, racrc Ecetns substantial has.s for e1-
rectang N ac1ire and profitable uadc during the
winter Ind fnu.
The reports which have beea current for a week
or two lack taat tho Secretary OF tue Treasury
= ~0uld continue Ills bond purchases and gold sa!cs
during August rruvct 10 rc correct Tae follow
Ing Is tho rroGrsnme for purchases Of bonis
mx!e public b. tho Assistant Trcasuter IN New
Ycfk;