The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-01-22

bly, short the average amount Of business usually
during the month. The stock of bullion amounted to
Ella o2s ,2S2. In April slight reaction ensued, conse
quent ON the first effect OF the declaration Of war by
which trade At nrst momentarily paraiyzed. The
approximations previously entertained about the harvest
in consequence Of the drought in great measure
removed, rain having fallen freely during this month.
The transactions Ia market became larger than the
previous mouths the accounts from the East Indies
were more ayorabe and Also from the supposition that
the prices OF cotton would not only be maintained but
would probably rise The stock Of bullion In the bank
experienced reduction, Notwithstanding large arrivals
from different quarters being reduced TO El3,3l4 093
The effect Of the tghtness of money manifested itself
during May particularly ia the anxiety Of holders
OF produce and other commodities TO realise The cot
ton market in Liverpool declined slightly when the rate
oil discount was raised tn 6s per cent
the prospect OF larger consumption the long pro-
tracted strikes at Preston had bsen brought 10 close
One OF the few cheering features Of the month the
almost certain prospect that the harvest would turn out
well as there was continuance of favorable weather.
slight Improvement in the rate Of exchanges and the
continuance OF iInportahons of bullion, somewhat re-
moved the Apprehension previously entertained OF
further reduction in the precou. metals. The stock
in the bank however had then fallen to fl2 53 900
sunici. Mt demand in market prevented any
mari ed decline in prices; but the stocks OF soms
descriptions Of goods began to accumulate. In June
improve ment took place in trade and la tue gen.
eral aspect OF affairs funds and railway stocks rose aud
opinion began prevail that prices textile iaprics
had, for the present fallen TO the lowest point The
value OF money steadily maintained ami the stock
Of bullion amounted to Els i32, $685. being increase
the previous return The continuing confident expccta
tion that the harvest both here and abroad would
out satisfactorily gave the main impulse 70 the improve
goods were large and s3 hit advance was paid for soms
descriptions Of the formor Notwithstanding renewed
anAete caused by an nsurrection in pain BY otaer
adverse political occurrences the improvement
maintained In July the favorable harvest prospecs
seemed fer time to counterbalance the effect OF state
OF war Wheat had declined rapidly, about one third
from its highest price and il then believed that
lower prices would be permanent The home trade be-
active and merchants were beginning to re-
pensh their exhausted stock OF goods, under the i'm.
preston that low prices Of food would tend to improve
the demand The money market remained unchanged,
n In tha hn INN MT AL m In
August, the symptoms of improvement continued not
withstandng slightly recedng Liverpool market
and quttness IN our own. Tbs prospects OF the har
vest remained satisfactory part OF the crops having been
housed IN excellent condition. Funds and railway stock
advanced and Consols TO 9iA 05, which
sidered unparalleled In time OF The money market
easier but no change ia the rate Of discount made
by the brokers, although the Bana reduced theirs to
per cent Tue stock Of bullion showed slight increase
and amounted TO f13 T0l 292. in market, stocks
with the exception Of shirtngs sUtable for India and
China did not accumulate to any extent In Sep .smber
arenewed want OF conf caused by mercantile fail.
ures produced greater thtness in the market
and the dihcuty which we noticed some OF tbs
previous months, experienced in discounting long
dated paper The successful landing OF British
in the Crimea produced monetary excitement. Funds
and railway stocks rose, and consols settled down to
e52S, after hay pg touched 90 The stock OF bullion
amounted to El3 S8S. The harvests here aud the
Continent reported secured in great measure
and in ample quantities During September the trans
sections In our market we're chiefly coofned to pur
ehases for the home market and the Levant The cho
lera, which had shown Iaelf to extent the pre-
vous month, the In this country, add also
the Continent In October credit again impaired
by extensive failures here, Liverpool and In Loudon
rs well as by serious casualties, which destroyed pro
perty to large amount. sudden rise Ia the
market also created apprehension, and stopped the
revival Of trade, which had been partial basel upon
the expectation OF more mod rate prices for bread
stufs than bad prevailed during the previous part Of
the year Large expectations OF bullion 10 the Cont
nent absorbed in measure thcl extensive SUP
plies from Australia which arrived during this mouth
The suspense about the war, and caution dictated by
recent failures, increased the quctness in trade Tie
chief purchases effected in and goods for the
Levant, and aho some for the German markets The
month OF November was more than usually quiet, and
market continued IN depressed state, without,
however, having given way materially. Some spe;ula
tive purchases, Induced by tempting offers effected
In yarns and pods Stocks did accumulate greatly
and favorite makes were contracted for Money
demand throughout the month and the stock OF bullion
amounted TO fl3 4s4 ISL In the last month Of the year
more active business transacted than in any Of
the preceding months. Moderate prices induced pur
also undertaken The Leyant buyers were, hitherto
actively eDpoye in the market and the aggregate OF
the purchases during the month rather consdera
BILE SO slight improvement In prices was here aud
there perceived. 40s Mule for India engaged NJ
short time since. good demand for printers, both
q and e-s, has Prevsiled and slight rise in prices
took place in the lower makes cloth and long cloth
are selling freely at lod per ID. The better qualities
gs shirtings are easy 10 sell, at slight reduction
upon last months prices. SO far stocks
mulated 70 any extent
RICHARDSON, SPENCE AND co.'s CIRCULAR.
LIVERPOOL, Jan. 8, 1885.
since tie beginning Of the year little
been done In the trade aud the tendency is DOM
ward. Good Philadelphia and Baltimore -four In retail
den and at steady prices but Westerns almost IN.
saleabethe supplies of English OF similar quality heinz
very liberal at equal TO $50. TO sls per barrel Ship
men 4 OF such stuff must result unsatsfactory and
would caution friends not 70 touch IT, In wheat but
few transactions, and the demand very rfpg largo
feet Of coasters laden with Indian corn has
tanned in port wind bound, Of them since middle
OF Noyember. favors ole change Of wind VIII,
qusnti, throw large supplies the Irish markets and
We may expect a temporary cessation Of demand from
there.
To-day We had q very languid market-aour and
wheat slow sale, at rather sisr prices; Indian
dull at Cd to Is per quarter decline The quotations
ArePhadelpbia and Baltimore -four, s3s. Cd. 10 As
and Western Dominally 40s 70 s2s per barrel white
wheat, lis. 6d. 10 ia. Cd. per 10 lbs mixed Indian
corn, 43s Cd; yello~, AS and white, 45s to Asa Cd.
per $50 lbs.
Bsy continues Arm but not active sales Of new prime
mess At 12ss 20 1879. Cd.
New PORK Of good quality sells readily, ship at so-
20 s5s.
Is quiet but all the old is likely TO be taken at
reduced prices before accumulates
I1RD - easier to buy at 52s. TO 52s. Cd. per cwt
Gales for the week only reach about 100 t0ns.
TAiow - much depressed and only the very finest
be- fold at 6bs. per cvt.
CoTToS.-The market this week has been rather tame
but owing TO the scarcity OF clean grades good ord
nary to mddpg prices OF such have advanced Id 70
I'd The better sorts continue dull aud in excess ~
the demand Sales for the week. 49, 900 bales OF which
500 baes American.
COMPARATIVE srArysrsr IMPORTS, STOCKS PRICES
of nsT, PORK, BACoS LARD
Iua1gK fa ~ IL La. IL ~