The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-12-19
FINANCIAL AND COMMERCIAL


BY the arrival OF the Vanderbilt we have three DAYS
later news from Europe. Consols are higher being
quoted o. 4 the French Rentes are likewise quoted al
an advance. Both cotton and breadstufs reported
rather lower, and slow Of sale. The London money
market Is reported buoyant for all securities Details of
the financial win be found under the usual head
The movement in cotton, both the South aud here
continues TO be very active and prices do not decline
Last week DOG 900 bales received at the ports
against 600 week last year and same week
Of 1857 making the total receipt date sos goo bales
against 900 TO date OF 1885, 900 10 same
date Of 1851 The shipments continue large the total
exports Of the last week lo9c COO bales From this
port, since December l. 7as bales have been shipped.
against 1885 during same period las, year The most
generally received estimates still predict crop Of over
900 bales and Notwithstanding the small decline
repoped by the America there to expec.
that there can be at present any fall in the price,
The recent restoration OF friendly relations between
England and France and the prospect OF na settlement
OF the Italian question: calculated TO affect the cotton
market very bcne1ciaily
The breadsuiis market is quctcr, and prices not "a
firm Inland navigation has closed but the railroads are
bringing SO much -four TO market that there seems to be
at present no reason to apprebend scarcity In the alb
sence OF any such advance in Europe would justify in
creased shipments speculation has subsifed and flour "a
lOc 15c lower, the average than il was last wael
Wheat Is also rather lower and the market Il ane Ju,,
Corn continues scarce, and the market Is buoyant let
ters from Chicago bid expect heavy shipments by rail
curing the ensuing MONTH at present prices corn can be
sent all the way by rail without loss After New Year /,
will be safe to look FOR active movement in bread
stus The Mark Lane Express other foreign Journals
predict confidently an advance in their markets
Provisions generally quiet Beef is coming 4, mar
ket freely and the demand being than the supply the
market is dull Pork also less active than Il was Tho
late failure 10 the provision trade has affected the market
unfavorably Letters from the West promise heavy shin
ments Of beef and pork This winter Rice steady To-
bacco is unchanged fair qualities in rather better reones
Ashes steady
The foreign produce markets arc quiet AS usual nj Ibis
season Sugar has again advanced \, and there ara
signs OF renewal Of speculation in this staple cargo
Of the new crop from New Orleans lately al auction
AZ an average OF 81 o. There is very little doing in tea
holders are very fm in their views The coffee market
is generally dull, except for Rio which is in active
demand at full rates. Hides quoted fraction lower
than last week; but there is very little doing indeed
Leather is steady at previous rates. Wool is inactive
some qualities rather lower than last week Brandy IL
Grmer, but the market is inactive
The dry goods market is very quiet a. usual N this
season, ana importers bnsiy calculating their pros
poets for next spring Though houses SAY that their
orders are less than usual the import returns show that
large quantity of goods already coming and confirm
the opinion expressed TO BY several importers thai the
import next spring will De the largest ever known pod.-
these circumstances the excited OF feeling in tue
South Is subject ofgravc the trade here In
porters were greatly disappointed by The small purchases
Of the West this year. the South fails the mex, sprirg
the consequences will be very No prudent house
in the present condition of Affairs, VIII order heavily Of
foreign dry goods for next spring
The following are the comparative Custom House tables
OF the trade of the port for the and since January
The imports viii be seen, enormous and alrcst
unprecedented