The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-12-12

The near approach Of the holidays has given confdefa
bic animation ~ the city retail trade which tolcra-
big active o. Zach fine DAY that iniefvencs between
and iArte Of baa weather We expci 10 witness
tes ~ the trade until after the Inauguration Of
The new yer some dwisp, ORDERS 10 repensh assor,-
continue " he nllcd. Clothing houses busly
empoycd IN manufacturing for the spring trade, and
hence purchase to fair extent from ioDoers articles
suitable for making up. ~ last accounts trade IN Man
chester steady but not very active The Western
trade st ioOls uupromisnr especially that of northern
Illinois ard Tie country y the Lorih and vest Of Chicago
Tie hayy decline IN brcaGsus and the re acton IN the
mad schemes ~ speculation have led 70 serious de
probation N real cstac 10 Chicago and IN other towns
70 to wet u a. NJ Their lands city property 10 u said
b. toe ~ bali their estimated value last
year tcfotc The advent ~ the panic general has
e br,ak dosn, Tia, ibe worst law OF all laws relation
20 debtor aLd creditor has been talked Of viz a stop
law Many people who have porchascd lands along the
the 81 the nois Central Railroad, heavy prices with
fret Iay nicnt leaving the balance bond and
sage, Is sad, will be compelled TO seek from
the company forfeit their lands with the hrst pay.
mens. Coun'ies ard towns which loaned their credit
build railroads are nov .Toanng usder the imposition Of
taxes meet ptrsst, while all they produce DO
pressed IN prices Much ~ the on AZ the West
due 10 the pr,vo Wild and reckless speculation fo-tcrcd
and Inflated 70 great extent BY large numbers % free
"sbnIlaster banks which flooded the country with their
rags While the population " struggling with local
baffsssmsn's, merchants AT the seaboara cannot es
pect any material revival Of trade from that quar-.
ter, and INSTEAD Of Inviting them 10 renew thelr
crtft heavy balances, old gcorce, remain ll0nt
liquidation they compelled 70 receive what they
get b insianents, and have their obligations renewed
from time under the hope that year will par.
u,m Ia favorable circumstances and cnabc thcrn
~ tnfOuFn Uounlcs. gOof business
o. expected 70 be done with the southern and
Middle States and with the old States Of The West the
frontier States of Missouri, Arkansas, Be- A larger
amount 81 goods is also expected, will be wanted Tor
the fsciht coast Az the present time cotton domestic
gooes grei, and quotations less nominal In
the Bbstbce Of eemreion, purchases for cash short
credit could be made ~ slight concessions on sst weeks
qrolatioD7. The ftotk IL suods, either domestic or
foreign is not heavy usual at this the year
Tie TRANSACTIONS brown and bieached shirtiugs aud
sheet have been too moderate scale require
any detailed quotations.. China drills firmly bcld
q "A ~. n. -
drills held 1Oisc, with ordinary at leA.c and
bschcd at SIC. Nost other kinds Of cotton doneetcs
quiet Tie remark applies ~ most articles of
al wool and fabrics OF cotton aud wool includ ng
hcfiry. There little movement gong In tho
wholesale trade u foreign goods Preparations seem
be steadily progressing however all sizes 10 the
oJeniue Ok the spring trade should any foreign demand
arise for breadstus II will contribute materially swell
ths volume 10 the fret half q the coming year