The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-13

From the Chicago Press, Sept
me controlling nfueLce upon The trade OF the paAs week
has the daiurbAnce in monetary arairs rus DE.
turbAnoe though originating on the seAsoArd ana many
confined horc temporary rupture Of TIC
es,sblshed financial relations between the ut and the
Wesi ana has thus operated az serious en-
upon The tnire business OF the West This business IN
common with thai OF he Die country hss been ws!ang
The Of he crops Though Inc previous ex
pootaop Of large decline Ia prices has been rapidly tu
fliei n the face Of Ruch decline the new yield LAi
been Freely Brought forward, and \ ditpoeiton linus
evnosd on Ire Part OF he producing Class 70 provide
means for meeting al past onssois even a. cansee
mg The nfe,vcs sgans chance boon bsnes Fron Inc
did the vcrk eecsually ~ 70 provo naooes
sibt to r well o. foes TIE oonseguen, scarciy
Of asey e, 10 clear carly IN the week 70 Two "
three cuycrr. and IN re shseace Of competition priccs o!
nearly all bresdstpfs iooche 1 q lower ngure.
Tho decre In this mxrke, In this wsy moro sudden
and larger In extent ihGn that IN New York, though
somewhat similar pressure IN money MATTERS ned ~esnea
iron prices there Snd be decline which has snoe
gene mere rapidly there, has In part been tee ceen Of
The ow pr.ces when lad resercd scv ard
The close Of he week, rrrzpg forward more huycrs,
partly frcm this ely and 10 canslds rable extent from The
Ea. and under active ipeairr prices were again era
dusy ser mig, when bs.ch or failures IN the
gain trade Osweeo and Ee- Yo'E were brought for
ward by sgraph Yesterday ans al activity wss Tor lie
Tie dlncaay ., the close no. been a Of
70 to,v sra the i,sge inAlmen Of me rev nsveat
which serious pc plexity TO lnd aAoie
st Of sroand in Any essiern city upon which 10 lend
whcu, dArGer OF Al eynpton while no one auetiions
.rge proportion o. ~ me gram hosses u We
bs failures which fsvc occurred render II unoerts'n
which souri and which snRky Under these cir
cumssnces ccDsEn grain 70 any eastern house,
IKE casting bread upon The waters without very reis
promse that shAil he found aller many days
These have laid heavy restraint upon 5era ons
breadsns and have 10 extent, and Tor shs res
soI, operated sorS-y hir6rspCc TO the general
trade OF the city The Stock OF merchandise. no ~ever
nearly complete and ample for prese NJ
wants This Stock OF new goods 10 being met ty fun
supply Of grsr and in ths conjunction scen the
elements or healthy activity In the fa'ore
While the favorable msnncr In which tho foreign Ear
bern brought close and tho argsness OF the
probable ed you'd roseiby have eventually COCA
stoned I'll krssteT dechoe tusn has occurred in
this MARKET this decline las been prociptsed by tho nsr
esi pressure IN cton wish large supply Der I'D
vices the Interior lead to expect speedy and mate
Yai scEug Up OF Yecsips OF grain Until money mat
tcrs get !ntn definite anc q hsttcr shape.
flour Under qaite fall anppr and The sieady de-
Cline In the e. stern Market holders have made conoea
son Of about 20 within the week without, no@eyev,
meeting tho views OF huycv, ard tho trade mas been ex
essvey du City miieys continue TO ship On theu own
eccoup; 10 some extent: The business has been Almost
entirely for the supply Of the local demand