The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-10-31

Excess ofimports over exports. ........ $512,o7T
This is a small balance the period included in the
tables but fear it be sustained The exports
are falling off rapidly than the imports, and the
balance against U.S. from this time out, WILL doubtless
weekly increase. is impossible to regulate our i'm
port trade, and equally difficult TO increase export
trade, if we depend upon legitimate Specula-
ton of all kinds entirely out of the question andifwe
trust entirely to the demand in foreign countries for
our products the shipments viii for the remainder of
the season, be unusually limited. Not with
imports The manufacturers of Europe do not de-
pend entirely upon the actual state Of markets.
they do not wait for orders from local Importers
but they make up In the absence of legitimate de-
mand lots Of such goods adapted to this section
of the world and send them out their account,
and force them upon our markets at the best price
they will command. They had better do this, when
their good. what is called in season. than to keep
them hand looking for orders, and for advance
in prices. In this way our IMPORTS are kept up to
high point throughout the year, matter what may
be the state of the money MARKET tho ability Of the
people Of this country to Our local import
frequently serious sufferers by this system and
jobbers who purchase large stocks early in the
nd long before they disposed Of that nearly every
description of foreign nufactures have deprecated
large per cent and that their customers supply
themselves in the auction at prices much below
cost. This 10 by unfavorable for the consu-
mers in any part Of the country, as they purchase
more goods with less money, and consume to
greater extent The manufacturer is not benefited
by this but on the contrary, is injured to greater
extent than the mere loss for thu time their fabrics
They do not benefit by any improvement in prices so
early they would, If the was not 80 we'll
supplied at low prices and for period the demand In
the market for consumption, almost ceases There is
however, no alternative; the manufacturer, the i'm
porter the jobber or the retailer cannot hold they
cannot stop their spindes shut up their stores but
must keep along and submit to whatever sacrifices are
necessary to keep the wheels of commerce In motion.
The exports Of breadstuTs during the past week,
were not large the week previous and the opera
fions In this market have recently been limited
for shipment 1t is too early in the to be able
to form any correct opinion relative the external
demand for our breadstuHs.
The markets of Great Britain are in very unset
tied artificial state Inlthe face of deficiency both
in the quantity and quality Of the grain harvest and
destruction Of the potatoe crop extensive any
previous year. prices ruling comparatively low
and the supply Of breadstuGs and potatoes upon the
market unusually large. This Is entirely artificial
state Of things, and is caused principally by the
anxiety exhibited by the producers to get rid Of their
damaged grain and diseased potatoes. As soon this
has been done, and the domestic supply Is confined
entirely to the better qualities of grain, &C., the
market.wll feel the influence Of the deficiency, and