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Effect Of The War On English Trade And Commerce

Effect Of The War On English Trade And Commerce image
Parent Issue
Day
21
Month
June
Year
1861
Copyright
Public Domain
OCR Text

flent of the London Times, writing from Birniinghain, May ll,snys: Thero s still a little doing on account of the United States in the general trade, but the merchante naturally feel some degree ot distrust about exe ciitiog orders in the present scato of affairs. At the early part of the week Commissioners irom the States oi New York, Ohio, and Massachusetts, arrivudhcToforthepurpo.se oí purehasing and entering into contracta for n supplv of riñes. They canpe over in tbs Pers, and had lette. 3 uf'crod'it for a large atnount upon ono of the first London houses. They purchased the whole of rho rifles in 8'Ofe, obtaining probaMy about 7,000, the larger por'.ion of B'hioh wil) be shipped and gent out by the Persia to-day ; and contracta were entered into for a con' tinuous snpply of rifles for three months. This has given an impulse to the sfUli trade here whicb it much needcd, for sincf! che governinent contract was ntopped at the commenceinent of l..st month, the trade has been du.l, anc in the '-breeching" branoh of it thera bas been very little doing.

Article

Subjects
Old News
Michigan Argus