The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-01

TOTAL. ooooV
aeis;ve 20 the progress Of tie country banks asserting
house, the Albany Journal remarks
Upward az one hundred and City o. the banks IN the
interior transact business through H. while
Deary 800 day sent up for redemption BY mer
chants and brokers nom New York. Under the eisent
supervisor o. he Merchants Bank and Bank Of Int
rior is IN charge or Mr. Husbands, who combines
perence with capacity Tor his responsible position 4.
employed Both the banks ana the business publ, are
gamers BY system which increases the convenience
rapidy and cheapuess Of redemptions while Affords
promise Of safety independence 10 The country banks
en- any future financial crisis.
The annexed statement exhibits the value Of foreign
dry goods imported into this port during the week and
since January in each Of the past three years.
MOVEMENTS IN FOREIGN DRY Goore
Entered =. he port. 81 as'sss 1,ess's5O isssso
Thrown on market. l,27s,2s7 s2s,7os asa,47s
Entered ii the port. ass 1902 10 6s7 500
Thrown on market IS a4S oS4 3e,4l6,362 2i,373H
The trade in dry goods the present has been fair
and in the main at steady prices, The distant southern
spring trade about over, while that from the West has
not fully set in and ia not expected present mush acv
ty until produce has had time to reach tide Pay
ments from western merchants come in slowly, but are
expected TO improve the advances Merchants
from the principal trading centres Of the West do not buy
largely at any one period but they have been purchasing
in moderate way ali the time. When these customers
lay in stocks ahead The business among several con-
siderable jobbipg houses subjected to
nienee and confusion BY removals to 9th first
Of Nay The constant tendency Of the dry goods trade
70 move higher up town. Stores below Trinity church
are many cases vacated for those in streets,
west Of Broadway, higher up The stores in Park
place and College place 10 be nearly
central to the west side range Of business stores which
extends from Liberty to Chambers Reade street.
north Of Chambers also threatened by invasion
and should the efforts making widen prove
full will probably fell into line for obbng stores Ike
the streets south Of IT,
The auction houses follow the migration Of the o5bers
and have chiefly removed 70 stores the west side Of
Broadway, and some OF them have this spring taken
etoree further up town.
These removals have largely changed the value OF real
estate 1t has largely advanced in the district referred TO
west OF Brosdway, and deprecated least that
Formerly Pearl street, and especially that part Of front
ing Hanover square with William Beaver Exchange place,
Pine and Cedar streets, the chief emporium of the
dry goods trade 10 gone by But has ceased be
such
The large granite store 10 Pearl street. nearly oppo
site Hanover street which 1t time occupied by
Arthur Tappan Co., Is q celebrated silk house, is
low occupied by very respectable nrm Of
cotton brokers, who deal largely In that slave
a German for erst claa eating house. while the fine
stores the north side Of Hanover square, nearly oppo
SITE formerly occupied by Wholesale dry goods and hard
houses occupied by persons devoted 10 other
branches Of business. The iron, marble and brown
front stores the side Of Broadway are OF
very superior clase and much better arranged adsp
ed TO the dry goods wholesale business but at greatly
HANGED rates OF In past years fair store IN Pearl
street WAS thought high o. 900 - 600 rnc presen.
rent Of new stores good 10 m class On the best cross
streets west Of Broadway range from $1,000 $4,000
The capitals ed by the principal houses the trade
also much larger than formerly. The auction sales
the present week have been moderate SCALE Of
which have noticed previously, including
sales OF millinery goods, ribbons, carpets, &c.
The expert trade in cotton piece goods con-
tnues 10 be conducted q moderate scale.
Cotton domestic goods continued arm, with upward
tendency prices Heavy sheetings quick, at ehc.
sStc. While holders demanded $40, Light sheet
ines were arm Ike Heavy shirtings firm at 7c.
sT3.c. asked. Bieached shirtngs and shee,ngs were
steady Fine shirtiugs held at Sc. Drills nrm
with sales Of brown nj s5.c beached &C. and blue ri
10hc. Production al many mills short Of supplies 70
NEE, the demand osnaburgs in better supply and
prices unchanged. DENNIS we're In good demand and
prices hrm Stripes maintained the recen, advance and
we're selling 70 a fair extent Ticks good demand
OF full prices Cotton jeans continued In good demand
fun prices. There better demand for duck, without
change in prices Printing cloths and prints in fair
demand at steady prices lawns and de LANES in
rood supply and less active In mixed and woolen goods
We have no change In prices Of 10 notice. 10
foreign dry goods the demand steady, especially for
new mporatons Of desirable styles. The prepafaaops
for an active trade are becoming more strongly
manifested.