The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-16
NEW YORK HERALD. SATURDAY, MAY le 1857

importan Gaze, on bill OF exchange at Lafayette which
nsusanod az law, will have material effect an the OK.
c ge business of banks aud bankers The css VIA
founded upon bill of exchange drawn and accepted BY
parties IN " edo and discounted by bankers in Laay etc.
for the accon,n odaon Of the holder at considers Die
shave the holders Enforcement being req uircd to the bill
condition Of ts being ,Ssen. The bill was not paid at
maturity, tho bankers back tho endorsci for pay
mGnt who set up tho plea usury in defence Tho judge
charged thai The fact that the plaintiff required the e1
dorsement OF The holder OF the binow the defendant III
sne swl-made The transaction loan of money to him and
not sae Of the BILL and consequently usurous, If
Than SIX per cent was taken and that they could not In
any event. find for the plaintiffs for greater the
amount paid by them for the bill when they received it,
and also that verdict be rendered against the pain
tiff, for Costs The result Of the trial was verdict Cor the
plaintiffs tor the amount advanced by them upon the
BILL without any interest whatever and against them for
costs.
Tho annexed statement exhibits the value Of foreign dry
goods imported into this port during the week, and snce
January i, In each OF the past three years.
MOVEMENTS IN FOREIGN DRY Goops
For G.e Hcek 1906. 1855 1857.
Thrown on the market.... 629,263 s9z,5ss bio,n2o
Since .Ianuo'yl. 1855. 1858. 1867.
Entered III the pert. 4is,38 37y9.5! 39,7l,ii3
Thrown on the market. 2,722,G76 SSs39,sot 81 ,52o.6s
The dry goods trade the pas. week has exhibited
cinnntou N the steadless OF prco' as far as loading
staple and desirable styles of goods concerned,
whether domestic foreign while tho trade has been
without animation.
appears TO be very difficult to bring up the prices Of
heavy cotca goods fully TO square with tao prices OF tbs
raw material Take tho well Established and widely known
Now York mills for instance, whose mako oycry whore
enjoys standard value and whose selections of raw cot
tlseu from the best the market affords (avng
recently Paid high ITO. per 10. for cho,oc New
Orleans strictly ieir, yet this market they setting
their plain beched shpgs by the at lsc., and their
water twis, DO at lie. The heavy goods Of other
mills, both bieachcd and unbleachcd including
the Amosi4sags and other mills, 10, sale
able Mt prices fully propor,ioncd to the cost f
raw otcn 1t is getting too late the TO
pect material revival in the far Western trade, which
will 20 over and have to come in after the opening Of the
Southern trade The trade OF the Atiauac,
Middle and Northern States with the local cay retail,
trade Ia, been very good this week which however,
has been somewhat checked xi'hn the past day or two BY
the extreme inoiemeSy OF tho weather. The advent OF
the orthodox anniversaries brought To the city
number OF merchants from dforen; point: OF the interior
delegates who have Ia many instances improved the
opportunity ts make purchases for their houses in tho
country. Heavy cotton domestic goods of all kinds
wero heavy and prices without change Of moment.
Wocen goods also inactive, while holders do-
ande previous atoms fair business has been done
by the saconeers this week though for few days tue
continued TO show ia fancy goods sell low while staple
foreign goods the least have exhibited no atvanco
BY The Asia hear that there csciegaeat Ia the
silk districts Of France regarding the apprehendcd
rsve iuIe The yield OF the worms, and ha, ssgs
purchases OF Fast Inoa raw silks had boon made This
may he but thing is certain American orders have
largely fallen OF In Lyons, and not likely To sa revived
unti the effects Of the tariff scer after the rst Of
July next The Asis brought Of duh market
Misunderstanding 10 tho high rates OF money and, pro
baby degree 80 advancing endcncy in bread
'stuas The export trade asi weok IN cotton piece goods
rh,ng.