The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-28

Legal eeyHo'oeuoo o. ton coossovsrsy neoes:esy
setie omc,S, ~ ~. eau 49, !.
vos NY uee1 pS ss LEV s.nouS~ III ~
70 SEC NV .uu - "o0@ sSooo0' Ano'o WA 00
Nv ue'~' ~ ~ApTvr uvv,vv
from T uS - xgssc.s0S snPpng hees!es' 20,
San FnScso, weunceoAy evening, Feo. ., =.
during the past mas oeen mat OF quetude never,
heess Win respect 70 lew staple articles among vhcn
may be noted outter sugar ana rice the nave
oeen o. an n'e.esns anu ,npoi.Ant cnHIsceI. ss
stnis bave continued 70 appreciate IN value ana ngne.
prices have eeen leazed w.nn tne past week ths9 a.
any nermedate petioo since the nrst part OF 1905 NOT
wrhsandlpg tne ma'e,iAi ADVANCE esaoHhed LOT oo'n
flour and wheat upon the Quotations ruling at the dAe o.
our last summary tne receps from the country exupt
scarcely noticeable increase leading us TO infer either
that the farmers now hold but little wheat OF last years
harvest Or If more than generally supposed that the
IDEAS in regard to prices have been inflated beyond all
by statements put forward daily through the press
the enect ,ns we are Snort some Two OF tnaee
months consumption OF our requirements until the next
crop will De gathered;
The demand from the country for goods has been OF
having been day within that time characterized by an
active jobbipg trade The reason for the prevailing dun
ness IN this respect furnished by the scarcity money
among the interior ae ers who cannot be expctoa 70
come FORWARD TOT iesh supplies until the great puk
the miners ge steadily 70 work when, very specify tns
increased yield Of gold will be felt in every ramhcaton
OF trade throughout the state An abundance OF water
Tor present uses mas aen since the advent OF toe any
season. but In some districts stu rests upon tue Mus AZ
snow and N other localities the streams and dcnes are
running ull but ar part OF the time frozen over nehce
with few EXCEPTIONS the miner cannot as yet WORK Win
advantage more than half his Time and nds tae rest in
prospecting or piine up pay art rea1y LOT Washing
when mild weather Shall have set IN These remarks
however, have no application 70 quartz and tunnel NIL
ming which methods Oh gold seeking are prosecuted WALL
much activity and success at this as at any other peroa
during the year ana PROBABLY the greater portion the
precious metal produced just now evolved by those
methods.
esty representing parties New York and Boston that
they are shipping goods here according 10 adces oy the
last two mails IN Quantities altogether exceeding our re-
quirements, either present or prospective during tne
fortnight ending January 8, it seems that six vessels
cleared from home Eastern ports for California aud ten
first class ships were on that date either advertised or
taken up 10 follow them, and from all accounts the ma
iory would have quick dispatch i. is not improbnoe
that during the month Of January there cleared from New
York and Boston, for San francisco, than half the
entire number OF vessels which we're advised as on the
way hther for period of two throe months together
last year and yet Eastern shippers will look back TO the
records OF our market during that time they VIII nd that
considerations OF the small Quantities OF many goods IN
rdnu had scarcely an appreciate influence upon prices
and did not provoke solitary speculation No stronger
proof could be adduced OF tue extinction OF specu-
hazarded under the most favorable circumstances
which existed here 1t hardly TO be presumed that
parties will be found TO come forward and upnod prices
with goods This market is now governed absolutely by
considerations OF supply ana demand ana lor nearly
awn character as thai of any other city in the world
If goods pay handsome profit it is only because stocks
are exhausted and the fresh mportatons arriving
wanted for immediate consumption, happens just
with regard to sugars and butter If there exists two or
thrt mopt supply of the pie and desirable
tce which is kept up by regular arrivals nothing but
unbending and steady rmness the part of every nd
vidua holder will suffice TO obtain covering prices and the
caution has to be observed that the quantity
goods put upon the does exceed the current
duremepts of the trade. Where goods excessive
supply and sales are pressed we have only instance
quotations for candles for many months past what
prices have to be submitted TO- The truth Of these re-
marks is and they are worthy of cons
Iteration at the East believe however, that
the advces which went forward from here in December
and January have operated to diminish shipments very
many articles.
Flour-JobbDg sales are dull at previous quotations.
Whea-Sales OF q5 bags at Sc 60 do. at 6c $50 do at
Size Barey-Saes of 500 bags, in two equal lots, at
lie: 42O do. terms not stated Poatoes-Sales OF
200 bags and 100 do at 1c per ID 200 do at lie. LAG
Landslide Of $50 cases Adens in 10 lbs tins,
stated. Beef-so bbs mess beef sold on terms not