The weekly hawk-eye. [volume] (Burlington, Iowa) 1858-1860, 1858-06-08
From the New York Independent.

The state of the market is without change
The supply continues in excess, though it seems
probable that the highest point has been already
passed Of specie and deposits in bank The
specie has run down 81, 55l 900 on las. weeks
average, and stands at only $3l. SOC, 900. To
this is however to be added 81, SOC, 900 received
since from California, making about thirty three
millions in bank. This is, nevertheless, a de-
cline. The more material circumstance to note
is a loss Of 81, lao, 500 from the deposits, al
though the loans have been increased 81, OOO-
600. There is sonic movement of specie COM
menced to the interior; and this is likely to in
crease as the season advances. The shipment
of gold to Europe seems likely to fall off again,
judging from the decline in foreign exchange
and increase Of Southern bills. The Sub-Trea
sury is rapidly disbursing its supplies from the
recent reissue Of Treasury notes. The issue Of
the remaining $4,OO0,0OO will be needed at
once. The amount Of duties is very small, and
there are no indications of importAsions being so
large in the fall as to relieve the Government
from its difficulties. The proposed loan of if
teen millions will not be sufficient BY at least
one-half to meet the Government expenditures
up to the LIST January next. The Government
is exceeding its revenue at a fearful rate There
seems no provision exercised adequate to the
crisis; for Government crisis actually exists,
caused by heavy falling off in the importa-
tons much beyond all anticipation. How is
the revenue to be made good?-by loans alto
gether? or by new taxes on tea and coffee, the
most readily available Of any possible taxes?-
The rub is coming.
DRY Goons.
The trade from first hands has abated con-
siderably, and little is doing but jobbers are
moderately busy, and expect that their June
sales, If the month prove fine, will be better
than those in May. As small bills seem to be
the rule this year, it is also expected that q
trade Of this kind will continue all through the
summer, and that the usual vacation, or almost
entire cessation OF business, will not take place.
Fine black staple silks are in steady, moderate
request at full prices. Figured and all dress
| and fancy silks are very scarce. Prices are
looking up. New ribbons are very scarce, and
| old styles are in better demand at improved
prices. Woolens are not SO well sustained in
prices, and in this respect contrast strongly with
all silk and cotton fabrics. Domestic fabrics are
in steady demand without great activity; aud
| sheetings, shirtings and drills remain at pre-
vious prices. Summer prints are yet selling to
fair extent. The wooen trade shows limit
ed degree Of activity from the purchases Of the
clothicrs, who are preparing for their fall trade.
and are manufacturing garments freely Fancy
cassimeres continue to be very active, and are
the leading article just now, and prices OF thess
are firm. Cloths, a. well as low qualities Of
| woolens for winter clothing, are oil in excess
Of stocks, and are heavy in prices. Shawls and
ribbons are about the only goods in the dry
goods line which have paid good profit THU
| season.
IMPORTS AND EXPORTS.
Imports at New York for tho week and since
January ! -
For the week. 1855. 1927. lSoS.
| Dry goods e923.Oly es28,S6V 1ooSUli
| General Merchandise 3866Sl6 $500 8S9 1854, ~
a. the ~eek A 2sO Has ~ QQs Qog ~ 4S4 ~