The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-06
PUBIC WORKS OF NEw jersey.

fIeehcld snd iamesburg RI 30, $50 4l,7l6 ?027l
Burlington and Mt Holly RR 10000 2e,iis
The legislative correspondent Of the Newark
Daily advertiser writes frem Trenton on the Sd
inst, as follows:-
The contest between the Central Railroad Company and
its opponents, in relation TO the application for bridge
over the bay, is Just now fairly commenced Hitherto the
discussion has been conducted rather covery but to-day
for the first time parties both sides have made their
appearance the Hobbies of the House and expected
that Tor the next week or two the topic viii DO Of
leading interest
Two bills for the suppression of small bank notes have
been noticed ana viii be before the Senate 1t
provides Tor the cessa OF the ssue OF 81 after
July Of g after January next and Of others under
An important supplement the general manufacturing
law bus been introduced " the Senate. 1t requires the
companies to annually publish full statements of stock
tuay paid in and the existing debts and assets under
oath The President and directors 10 be liable for the
debts in case OF refusal No ckboloers 10 be
sha be made 70 a stockholter
The companies shall never amount greater than
Their capital stock actually paid In pro
pery taken in Of capital stock at an appraised
value II the company becomes insovent and such pro
pery der execution at less price than was ap
pra sed the President and Directors shall DO liable for the
deficiency.
The annexed statement exhibits the value of
foreign dry goods imported into this port during the
past week, and since January LIST, in each of the
past three years.
MOVEMENTS IN FOREIGN DRY Goops-
En's ter a. he port scS ss 1850 lsSs Sss
Thrown on rarket.... 2,bt0,6s5 41l6,392 1883 907
Since Jan LIST.
Filtered port sl2 o47 s3t sI4 542 4es ss477772
Thrown op market. IL s36,749 A77z,s76 b,662 sss
The trade in dry goods as yet affords but little ami
nation, considering that with fine weather we have
reached the first week in February The trade of
the present week has been not above onethird to
onehalf Of what it for the same period last year,
and ,tvla t1,.
season advances, we cannot expect the trade to
amount to much one half the value of the spring
trade last year. The auction sales during the week
were also light, and prices obtained were irregular
Domestic cotton fabrics in most cases owing TO the
recent advance in raw cotton, are held with more
confidence, especially the heavy class OF brown aud
blssched goods Raw cotton, which in the first week
OF January had r,ceded to SIC. a SIC for middling
uplands, has advanced in this market 10 lOEc
lie, closing at the latter figure. The receipts at all
the ports about 573 GOO below those at the same
time last year. Tie whole advance since lat January
last has been equal to about SIC. BIC. per ID.
Cotton goods made from raw cotton at these quota
tions, should command prices near about 40 per cent
more than goods made from cotton at SIC Much Of
the odstock Of cotton goods left from last years ma
nufacture we;e produced from raw cotton at prices
spring trade prove favorable we may expect 10 wit.
ness some advance in cotton goods from present cur
rent prices. There is a sort of Capitalization
going on in the New York trade. Large houses,
with large capitals. whose credit has remain
ed unimpaircd 10y panios, are benefited by
them. Small and weak traders are broken down.
while the millionaire houses are made 70 much tho
stronger This rule. which applies TO the.wbQlessle
jobhing trade, also applies to the city retail trade.
few large houses in the latter line nov monopo-
lie an aggregate trade that was formerly sufficient
to support large number Of respectable retail
stores Some large houses do both a retail and
wholesale trade. This mixed trade has lately at
uacted more attention, and a lirke silk iobbing
wholesale house in Broadway, which suspended
during the recent panic, we understand has recon
menced business In this mixed trade but chiefly
with an eye W The city local business. II T. under
stood that the long credit system has been modified
far a. 10 restrict 1t TO four months with fair de-
ductions. and Ia give no longer perio T. of credit than
six so eight months at the isrthest in.tead II eight
and ten, and not unfrequently twelve months City
drumrners are likely TO be ess in demand this
year than usual their Eervices hitherto
have been In most request by new houses cornrnenc-
ing Their first years operations, and who wished 30
become known 70 customers. But "a yrry few new
houses have been organized this season and old
houses are too well known 10 require drummer
the occupation Of the craft has been greatly cirrun.
scribed. Their pleasant faces and agreeable jokes
Gus times. 70 the great relief Of old country ncr.
chants II fixed hablts and settled places Of tradng
The export OF cotton piece goods from this port
for the week ending the Goth ult was lc.s than for
the same period last year. while in Boston il was
fully up 10 the mark of the same time last year
We have no important change 70 notice in the quo
tations for brown shooting and shirtings We
quote standard cloths Of heavy brown at
about cents, and light At SIC 7sc bleach
ed goods were unchanged. Drills were steady. and
previous prices maintained. Duck was ia fair de.
mand. while prices were irregular. Prints were in
good stok and presented wide range in the variety
cf styles and ranged nj from &c. lOc with sales az
intermediate figures; satnets and cassimeres were
without animation, and lower grades of the former
were dull.
The foreign dry goods trade was without marked
alteration In its general features. Sales were pro
crossing moderately, while prices were somewhat
Irregular. Plain silks were about u a 20 per cent
cheaper than the current rates Of last fall aud fancy
do from Is a 30 per cent. Woollen goods were in
fair supply, while prices were without change Of i'm
portance.
Stock Exchange.