Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1848-10-28
NEW YORK DRY GOODS MARKET.

The Dru Goods Reporter of Saturday last gives
dscouraging reports of the state of the Domestic Dry
Goods trade. Our manufacturers, it so reports, are
obliged to practice the most rigid economy. "Even
ON heavy goods, they realizing but little profit,
while on light goods, such as Printing Cloths, there
is positive loss There is and can be but one escape
from the present state of the manufacturing interest,
and that is a reduction in the rate of wages and the
adoption of the English system of short time" Low
priced Wooens il is added, the only article in the
whole range of Woolens, on which the manufacturer
has not bled to considerable extent:
"The late news from Europe portending as 1t does
partial general disturbance with the extra duties
which the Zoverein has levied on manufactures, and
these the ravages that terrific disease
the cholera all must and will tend to nIure the eX
port trade of England in countries to which she has
heretofore sent many goods. 1t may be that they
will conclude to give employment to their already
suffering workmen, even at loss, and send their
Of things and are not disposed TO believe that the
expectation of large quantities of produce together
with the sale and hypothecation OF Government
Stocks, will be productive of much benefit to our DO
nestle trade. II England would send us the coin for
our Breadstus, and loan Government: stocks, per-
hitting to keep it after we had Toasted our eyes on
it, we should not fear for results. But is she not
| likely to send Dry Goods and Hardware, and draw
| for the money upon our importer"
| The stock of Foreign Dry Goods remaining on hand
is set down small compared with former years.
Some of our importers have not as much in store oil
all kinds, (says the Reporter, as would serve them
| through one Wcck uduc III inc ouslhesS SSaSo"
"vessels arriving bring few goods except such as
were ordered early in the season, and through the
! atcness of finish, or from some other mishap, could
not be shipped in time for early trade All goods Of
which duplicates ordered now come by the
steamers and it will be perceived that the Britannia
brings very light cargo. In Cloths things remain in
statu- Among the list of consgnees per vessels
from Germany and Belgium, we perceive the names
Of some Cloth importers, but so bad have been the
sales of these shipped heretofore, and SO large stock
(both foreign and domestc,) remains on hand, that
we think those packages must contain some other
kinds of manufactures. We understand that heavy
dealers offered TO take lots of German Cloths early
in the season at 90 per cent. deduction on the cost o.
Importation This was refused by the importer, and
they were offered at auction-the result was loss
Of so per cent.
"The late arrivals have somewhat improved oui
assortment Of Stuff Goods, of which the market was
quite bare, particularly desirable fancy styles and low
priced Black Orleans. These articles are now useo
for many purposes that the consumption has rapid
ly increased. Dress Goods Of desirable styles are
still in demand, but the prices somewhat lower
This is, however, always the case near the close OIL