The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-30
MOVEMENTS IN FOREIGN DRY Coon


years.
MOVEMENTS FOREIGN Dry GooDs-
Entered at the port s2,57i 1856 s2sOi77e s72i ,5ll
Thrown on the market. 2,aoo6os 3oO2,l79 l,l72,2so
Since Janudry1.
Entered at We port slO,6s657l lo,3s6,76 1886 la
Thrown on Me market 1885 i64 lO665,ss3 3,709,oo4
The market has exhibited some less activity the
present than prevailed during the past week. Col.
ections from the grain and provision growing States
Of the West still continue TO be slow and more or
less difficult. They are not expected TO improve
materially until produce begins TO come forward
freely at the opening of navigation in the spring.
Houses in this city find much difficulty in collecting
debts in the new towns of the west-in such places
as Chicago, Milwaukee, and many Others Of smaller
note. II appears tina, during the flush times Of spe
culation many merchants at the West became large
operators in public lands town lots railroads, and
other schemes. Lots in Chicago, place about If.
teen hundred miles. from the seaboard. advanced
under the high pressure of speculation TO prices
nearly on par with similar property in New York.
When the panic and breakdown vet in, their means
being locked up in their specuatons they could not
raise money, and had TO fail. Merchants in this
city who had given them credit for goods on send
ing out agents 10 look after assets, found in too
many instances. that there existed which were
available to meet their claims, the goods in store
being held under chattel mortgages. writer in
letter dated in Chicago, estimated that about four
hundred chattel mortgages had been recorded in
that city alone since the panic set in last fall This
plan Of covering up goods by chattel mortgages from
the claims of creditors u not confined 10 Chicago
but probably has been adopted by merchants in
many other new towns at the West. Jobbers and
importers in this city who suspended last autumn,
.l.1.
and domestic banking houses, who had backed them
by either loans on their paper or by selling them
bills Of exchange on time. II the records Of this
city were examined IL would be found that chatte
mortgages have been given 20 a considerable mum
Der and for very respectable sums. TO several Of
which we have previously alluded. All this irregu.
larity in the trade only proves the necessity Of
tailment in the long credit system and greater
ton in the selection Of customers. Persons who
have recently returned from the West state that in
Illinois and sections Of country beyond IT, the winter
has been mider than usual, but very rainy and wet
by which means the roads have been made so bad a.
90 prevent farmers from getting produce To market
They also state that much Indian corn has ben
either damaged or has partially rottei from the ex-
ceSsiye humidity Of the weather, and that much OF
il WI be only III ~ feed 90 stock for dstilling,
as u will not pay the expense Of transportation.
Navigation at the West has been very little inter
ruptcd by ice, and the Missouri, for a long
way up, has been ireer from zee the prsent winter
than has teen known before for many years.
tert, while prices have been irregular. Raw cotton
has again advanced the present week from DC. 7c.
per 10 above the current prices nj the close Of the
past week, owing to the prospects Of another short
crop and unusually small receipts at and igl6 stocks
in cur seaports. Should the present rates he main.
tanned there cannot be much fear entertained that
the prices Of heavy cotton goods have seen their
lowest rates. The removal Of the dates on all dye
stufs viii enable calico printers 10 produce Goods
somewhat cheaper. and The making al foreign wool
free, not coating over 20 cents at th. place from
whence imported, ought 30 operate fav bly
on the manufacturers OF coarse wppjien d.
Though the recent mild. fine weather has been ia.
v0rsbIe g. trade, yet compared with same perod
last year, does not equal IL by about 20 Der cent
This ~ The season when manufacturers of rc,Iy
made clothing most busy in lstting up stock TO-
SUMMER wear and ~ meet the spring trade; they
usually work up cotton and linen fabrics with light
mixed goods and bombaZnes, alpacas. &C. which
usually al ths Of the year give some activity
20 this class of goods But the present season they
are getting up less stock than usual, and tailor
ing goods beng in good supply, prices have expc
riepccd no advancement from their purchases. Tine
exports u cotton piece goods continued to IL
light For he past week they reached about
1900 packages from Boston, aud only 2Jg
from New Y0rk-of which the largest por
tons were sent o. Brazil aud Venezuela We
quote brown sheetinVs and shirtings 10 cents
for heavy standard browns, months aud 90 5!c.
q 1.o ior cash and short time. Light shrtinc- aud
shectngs ranged from &c &C.. Beached goods
we've lut gutr and sales light. Drills were 40 &c.
~, brown az SEC. and blue at l0lc. Other CO
o. goods were without change u moment in prices
While sales were moderate. Cassmeres Of light