The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-12-27
FINANCIAL AND COMMERCIAL.


MONDAY Dec. 20 L.
The Board Of Brokers having adjourned on Saturday
Tuesday the Stock Exchange almost entirely
des rted TO cay, and the bulls and bears had rather
quiet time few uneasy sps;ulang spirits were ocss
sonsly seen marching about the of Wall street.
unable to resist the attraction OF that fascinating vicin
y We not heard Of airy transactions worth record
ing and the market therefore remains without alienation
The arrival Of the steamship Pacific, from Liverpool
with four days later intelligence from Europe relieved
somewhat the dulness and inactivity OF the cay. She
brings very important and interesting political I'D
VICES OF very unfAvora Die character regards the
1ition o. Turkish Affairs The probability Of peaceful
adjustment Of this question 10 daily becoming
wesler, and other way Of bridging mat
terra to result than BY hard Aghting-taat will
probably be the shortest and most satisfactory me
tnod, The financial end commercial accounts do not
differ ma erially from those received by the Ane'
RIGA, few days since. Bresdstnfs had lightly i'm
proved in quotations Cotton was in better demand but
prices remained about the fams. The movements of
specie in LONDON during the week previous to the depar
re OF the seamer hsd bsen OF SOME iu portance The
arrivals include the unconventional sums, viz. =
So os3 4ls (of which ST. $50, f3bS ?0o was in sill
ver and Only s242 GEO. f4s 400, in god) from the
West Indies and Mexico ss 900 and 1857 600 from Ne@
York. and 5000 in specie from Lisbon. This total value
Of these imports is about 5000 sterling OF which
considerably thar half is known to be in silver
Silver also continues to be sent there from points OF
the Continent On the other hand the actual shipments
Of the precious metals appear to have been very mode
rate although the demand for gold for trans mission to
Cor tnent has continued. The oustom house state
ment Of The exports direct from London includes 10 $50
ounces OF gold and 20 500 and ESQ in silver
representing aggregate value Of only about 900
sterl;rg
The m rtbly return Of the Bank OF France, as made
Up the sth inst shows further decrease of 1855
the stock o. coin and bullion In the previous month
tho decrease nearly f2eo eco, and in the month
before G2sS coo. In the three mon Tbs the decline lie
consequently nearly Ave millions and half sterling. In
this remarkable drain hava evidence Of the Influence
exercised by the deficient harvest in France which has
iencsred necessary ruch large Imports Of gain The
months balance sheet Elso shows decrease OF E237
in the bills discounted decrease OF fol 1Go in the
French government securities, . decrease Of
f2l2o in the advances railway securities decrease
OF t9l6640 in the circulation and increase of ESQ $50
in the treasury deposites which, however, in the agyre
gse, only amount to e. $4,000 sterling This return
argues 3 falling off in trade
Du Fay Co.'S trade report in speaking Of the move
nents il cotton and in cotton manufactured rays
Manufacturers find that their present productions are
that they have to submit in many instances to uurs-
munerstng prices 1t Is the present gene.
and QUIZ the northern being
shrrers-but tie American trade the export the
East wen the home trade, usually impaired activi
ty 10 the ast months Ct the year which, however not
the just with either the OF the other of
the,e branches The markst is kept up by d min he'd
production, which is still decreasing The imper
tsnt manufac u,ers of Ashton StaAybridce and Hyds
have, with very few exceptions resorted TO short
king In of the other districts the mile have
been stopped for rly five weeks aud the quantity
Of ms goods thus kept out OF tie market is yery
considerable statement below shows Tnis re-
duc'jon will be ssnsbly felt when trade its
If We divide the chief cotton consunng places around
into five districts of which Manchester, Preston Ash
ton Burnl and Stockport the oentrea Ashton and
its peghborhood than Afsh the cot
ton which is worked up weekly In these districts. we
take the present reduced Of cotton ct
bags weekly the Ashton district, by working short tme
would still furiher diminish that pton by about
1900 bags weekly, which We believe is rather
derttatrgit At Burnley q slight increase Is takiog
to in the Ss
there And this step laudAbe the part OF the
manufacturers, who have taken it from desire to ale
vale the dstsess ct III. work leopls wls interest would
have dictated another The town and neighbor
hood II stockport or.ing to short t,me working
this day week. ana Manchester hear follow the
example In Yorkshire the course pursued an
We h mr. that "a coo looms expected to stand Ia
fax and the ighborhood. At Preston little pros, Is
CT tsrained that pSsters and will come terms
Several Of friends boh English and foreiy having
expressed wish to receive from estims Q bearing
upon the present extensive oimnutioa in the production
OF cotton fabrics, and the dec eaaed weekly supply as
crupg thersfrorn haze epdaavorsd arrive at
thing TX. AUTH by collecting from the trade correct
formation the bject; and while we submit 20 our
friends the ds.s have gone upon We beg their usual
orbearance ia the examination Of the result have
rived at
The Districts numbered in our statement l to ara
those n which short time working" has been deter
mined upon, to bsgn nsxt Monday, and by which the
Der TO those in which the outs lookup Of
mills have stopped the production altogether The
length Of pieces assumed in calculations is yards
each -