The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-10

n.
We refer 10 circular advicss ofisth instant ~
Arabia The prelimnarss tbs ratification Of peace srs
suppesed to b. hvorsbly progressing although sdA
formed calculate with precision the course which
affairs may ultimately take and L. founded asas
what every ons vs :" o.
be exercised TO avoid falling into PROGRESSED opinioa
Dclnes to speedy termination Of The In The mean
tins there u relaxation In the preparations for
nuing the struggle. should events take turn contrary
to gene al expectation. That such result Is unlocked
which arc well supported, though much Of the excite
ment Of las. week has subsded and the commercial eo
munity now looking forward to the influence diff
fersnt order Of things II calculated TO effect In
gard to cotton, there Ia no doubt consumption wiz
be large probably greasr than At any previous psrid
but insure hss eria advance in price must
and thus likely checked from the Of ths
seasons crop being 70 exensive The value OF ,psy
cannSt % expected TO decline greater scconmoi
may % sncroeo but the increased circulation OF bills
which IN expansion OF trade will 'arly oscssion Il
OF itself sufhcient reason against anticipating much
less be in but TO same OF tent a, maay
suppose, the Inducements not being that Or ,misnx
talists As the has not interered much with our
foreign trade but on the contrary stimulated 60 soma
quArteis-whch wi now be curtsi sd-we only look
for an increase In the home demand give impetus TO
prices Greater activity Will probably this
department. although so long as taxation and provisss
continue ON the present high scale maternal prove
Dent is likely to show itself America may he alargor
than usual from the fact OF heavy crops OF
she viii not draw from this country some am cunt OF
specie, which, with all the incomings from Australia
sewhsre, may be required to meet the expenditure
far and foreign loans that will doubtless bs Offering
after peace is established We 10 additional
below for reports trade prospects and the position Of
our grain markets. which have an important bearing On
the subject
During the present week the demand for cote has
been steady, with extensive business daily transpr
ing full rates of last week have been paid I'D in
instances holders have succeeded in obtaining sigst
advance the sales sweled by large operations ia
Suras, which, from the oiuni thing stock in Nd
request and command rather higher prices This oe.ter
class OF American are still comparatively neglec q aad
TO be hao relatively cheap Speculstors aud exp tsrs
evnce confidence in the presens currency and have aid
e1 the market by their purchases. Spinner rus; be
getting well into stock large portion CT TIL recent
import has gene forward uirect FROM ths sh
country. To-day the sale, estimated At 5000 na'es
Il, 500 to spectators and exportes) the make ciong
wi firm feeling and hardening tendency p,css,
which are raised l0d to I'D per h. aud quossu ms
altered to conform.
The To al sales Of the week amount to go bales Of
which a., $50 American SPECTATORS have tsksa
10 400 and exporters 1920 leaving oalss OF an
KINGS 10 the trade.
The import for the time is 81 $40 bales OF Witch
81 93l are American Qusnaity Of American at sea Is
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