The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-12
FINANCIAL AND COMMERCIAL.
SUNDAY, Sept. IL, 1855


The trade with the interior very active last week.
though Western buyers continue to be less numerous
than importers and jobbers would wish Several auction
sales dry goods have taken place. the prices gene
raj rule have not been very satisfactory to the sellers
Very desirable goods steady but other styles and
especially German and French goods cannot readily be
sold without making concessions to buyers Many of the
importers expect the market sen when the Western
merchants arrive; is to be hoped that this may be the
case but bound to say that careful inspection of
the figures confirms the opinion which have so fire.
queny expressed within the past two months to wit
that the importers OVERRIDING the thing and that
many of the goods they importing would be sold here
at sacrifice The total amount Of entries of dry goods at
the port for the year to date is 027 s16 against
SIS 266 456 date Of 1857 when country was
probably better able to buy than is Happily tho
pursued by the banks the caution observed by the
general mercantile community and the large harvest
the West operating to restrict the evil consequences
of the over importaons importers and their nme-
date circle.
General merchandise is pretty steady, and is paying
fair profit to the importers The tea auction of We'd
nesday went off WE'LL though the expectations of many
houses have not been fully realized prices
sfacory. Sugar continues steady notwithstanding the
large stock the consumptive demand is quite fair. Coffee
is very firm holders insist advance, and ransac.
tons limited in consequence. Hides are fraction
lower consequence OF large arrivals leather steady
though the stock is unusually large.
The Of grain in the West continues very &C
tive Chicago receiving wheat and -four very freely by
railroad and shipping it, fast arrives by the lake.
Thus far little OF the Western grain has reached
New York is all intercepted the way by the mlers
in Ohio and the Western part of this State. Our supply
from the South having attery fallen somewhat short Of
the demand for consumption advance in the price Of
grain has followed which will probably accelerate
shipments from the West The accounts from Europe,
though conflicting, do not justify any hope of imedi
ate demand arising for our grain in the British markets;
dealers, however, seem TO think that the consamp
tive demand will suffice TO sustain the Market
and the West has thus far sent little or no
grain Eastward this year, stimulate free ship
ments from Chicago throughout the season
In the Of month six weeks we shall be better
enabled to judge Of the actual deficiency in the British
and French crops compared with those Of last year
should that deficiency prove considerable revival Of
grain shipments will The stocks at all the Euro
pean ports at present large tina, prices cannot ad
till they reduced.
The cotton market, usual at this season s Inactive
unchanged prices Southern letters describe thecrop
prospect excellent many predict 600 600 bales The
provision market continues uctuate beef seems to
have declining tendency The export still in excess
Of last year Tobacco in fair request last quotations
Rice Is dull
The following comparative tables Of the foreign trade Of
the port for the week and since January show for the
first time for long period, smaller import than last
year or the year before
IMPORTS.
Far the UoJ 1867 1853 1859
Dry goods. ........... $2,0S4438 20ia134 7gG
General merchandise. 2,O66oi3 ,sol SOB 1,774636
Total for the week, $4,l5oa5l 3,olo,s42 3,s72b8l
previously reported 169 72 0e2 es6l7 259 17esI5 399
since Jan l. SAB 1872 ,527 sol 1873 ,6s7 800
ExPogTs, EXCLUSIVE oY SPECIE
1851 1865 1850
For the week ...... 100000 1,ols43i 1,562,I59