The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-28
FINANCIAL AND CONNER GAL.

The commercial business Of this port during the week
endng.yesterday moderate So far MS imports are
Concerned the long delayed arrival Of vessels bound TO
New York WILL in measure, account for the check to
business the ruling prices of domestic produce in this
and other markets do not justify free expectation at
the present time further hindrance to free CONNER
cial operations has arisen from the uncertainty
banging the proceedings Of Congress with regard to the
tariff Merchants have been unable to decide whether to
buy SELL and until Congress rises, it is likely that
commercial transactions will be restricted Merchants
who have enjoyed long experience have come to the con
cusion that change will be made in the tariff and are
acting this belief but the bulk Of the mercantile com
munity waiting to Congress rise before they move
actively.
Our imports OF foreign merchandise, as general rule
continue to pay the importer fair profit There was
yesterday considerable sale of teas The attendance
was large and the bidding spirited The greens sold we'll
many the blacks held above the views of buyers
and mostly withdrawn. At present prices 1t will
pay import tea with proper discrimination. Hides have
advanced during the week The stock hand is quite
sma-ony So 900 hides against GAG s at date last
year. Leather is likewise firm the stock is set down at
30 800 hemock against 232 900 at date last year.
and oak, against Al 600 date 1858. Wool is
firmly held the large sale at Boston attracted numerous
company; the prices at which the higher grades sold
satisfactory to sellers, but in the lower grades the
eighth higher since last week. Transactions have been
limited and the stock continues to be unusually small Any
accident in the sugar growing region would produce sud-
den advance in the price here Coffee has been quiet
throughout the week, without material change in
quotations The stock set down at so 59 bags and mats
Iron is firm Foreign spirits dull, with the
exception OF brandes, which, at present low prices,
continue 10 attract attention from purchasers The
dry goods market continues active. The nonarrival
m with larpea OF foreign dry
goods enables importers who received their stocks
to dispose Of them to advantage there yet signs
of hanging back the part Of jobbers The attendance
Of Southern and Southwestern purchasers continues to be
large. The import and the amount thrown on the mar
ket during the week do not vary materially from the
figures of 1857 they are, of course largely in
Of the corresponding figures Of 1858.
The leading feature of the trade in domestic produce
during the week has been advance of 4 in cot
ton, caused by the Canadas advices of advance in
the Liverpool market The event, which generally
unexpected has impaired fresh courage TO the holders
Of cotton Notwithstanding the obvious indications Of
decline in price, Tho receipt at the during the
100 COO bales, against 600 week last year
making the total receipt 2,747, 900 bales, against
l,72eo00 date in 1858. The exports
continue to be email. The total export last
week only $4,000 baes. against $4,000 exported
week of 1858. 1t is generally considered that
have the maximum Of the excess at the time
unless the prevailing rumors In Europe should be sud
denly quieed it is evident that holders here will be
obliged before long, to relax their views Breadstlls
higher by at least ten cents the barrel of -four
than they at the close of last week The advance
altogether due to the speculative operations of parties
rating at the West and here in this staple There has
been demand during the week for home consump-
hon. but the advance chiefly the work of the specua
tors is generally known that present prices bread
stus cannot be exported that the exports of -four dur
ing the week have only been barrels against
$4,000 same week last year, and of grain 1000 bushels
against 0o0. Provisions have been steady throughout
the week. and beef has been higher The exports Of beef
have been large Pork and other provisions, the
ary in less demand than usual for export and ex-
hbit declining tendency. Ashes being freely sent
abroad; the export has been larger than last year.
The general foreign trade Of the port during last
was, in the import entries than double that Of last
year. notwithstanding the arrival Of expected vessels
The total imports at this port within four millions
OF those Of the great year. 1857 The following the
Custom House returns of the trade OF the port