The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-31
FINANCIAL AND CONNER GAL.

SUNDAY, jan 30-6P.M
The past week was queter than the preceding one, in
commercial circles though the volume of business trans
acted would large If compared with most weeks Of
1858. Tie imports continue to be large and general
rule paying handsome profit Perhaps the most
striking incident of the week in the commercial world Ia
the continued rise in -four Parties in the West and in
this city have undertaken TO get up speculative move
men in breadstus and by dint Of bold purchases have
caused the barrel Of flour TO advance nearly dollar
within the past three weeks The advance has been
marked In the middle and lower than in the higher grades
but all have to extent participated in the movement
The advance Of the past week equal Is cents on
the barrel It need hardly be remarked that the move
men is purely speculative, and rests reliable basis.
At this Of the year with enormous supply OF
breadsus in all the markets Of the world speculation
in the very inferior article yielded by last falls barvests
in the United Estates appears about unpromisng
bull movement in fancy railroad stocks Thus far how
ever the partsans Of advance in -four have carried
their point; carried It thoroughly that American
flour might at this moment be imported ct o profit
from Great Britain. In cotton but little business
was done last week. The receipt at the ports was 900
bales against 90 900 week last year. making the
total receipts 900 bales against 900 bales TO
date in 1858, and s42 to date Of 1857.
The export to Great Britain "A 900 bales, against
81 900 bales week last year, swelling the total
port OF the season to 900 bales against DaeS
in 1S57-s and 720 900 in 1867 The Of decline
Of in England has had tendency 10 check operations
here and holders would probably have to make conces
TO effect Sales But the staple is quite firmly held at
New Orleans and throughout the South. Provisions Of
all kinds continue to be in good demand at rates last
quoted; some descriptions have moderately advanced.
Sugars steady. Coffee has been and very firm
throughout the week. An arrival Thursday rather
eased the market; cargoes which reached port yes
terday will probably have tendency to moderate the
pretensions OF holders Wool has been quiet but very
firm throughout the week, Iron especially Scotch is
armer and buoyant. The oil market has been particular
ly active the transactions in nseed oil have been unu
suay large, and all descriptions rather higher in
price Spices have advanced atre since last week. The
auction sales Of teas Thursday and yesterday attracted
large audiences the bidding spirited and the prices
obtained the highest of the The dry goods
ke continues to be strong and healthy the jobbers
buying freely, and hopes high OF o fair
country trade Prices, general rule, are unchanged
from last week. The foreign import again exceeding
ly large the entries being 45 against s72l 5l1 n
the corresponding week Of 1885, and the amount thrown
on the market 50 1884 $685. against 81 ,l72, $50.
The general foreign trade Of the port exceeded in
amount the trade of 1857 The imports at the
rate they Increasing, will create demand for
money that the banks will have difficulty in supply
ing