The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-26
FINANCIAL AND COMMERCIAL.
SUNDAY, Sept. Is, 1855


The usual equnocta storm which has prevailed through
out the week has checked business The auction ware
rooms have, however, been well attended, and large
quantities Of dry goods have been disposed of prices
which, though in many unsatisfactory to the Sellers
must be deemed very fair, considering the volume Of i'm
portaons this year is generally expected that the
Western demand will be lively troughout
October and many Importers hope that late sales may
compensate them for any present losss they making
There many channels Of communication now omen
between this city and the West that Western business
likely to be hereafter distributed longer period of
time than the old buying In foreign produce the
business done during the week has been limited in
amount, but prices have been satisfactory sellers
There was large tea auction on "Wednesday
at which the attendance was large and the
bidding spirited. Sugars have advanced since last
week in consequence Of the demand from the reGners
low prices which have lately prevailed have promoted con-
sumption Coffee is firm, notwithstanding large imports:
buyers are holding off at present. in the hope of decline
in the price Hides have been dull the stock on hand is
large for the Iron is dull
The cotton year has commenced with unusual activity
and unusual rmness in the market The receipts at the
ports September 46 900 bales against "a 900 for
same period last year, and 5000 for period of
1857 the stock hand 1872 900 bales against IS 900
date last year, and "a 900 bales at same
Of an early and unprecedented crop in guam
tity, the price is well maintained. Midding upands
nheld at Mobile and New Orleans at 1OaIc lie a
11Ac. The calculation Of the Southern dealers is that
the restoration of peace to Europe and the natural in
crease of commerce and industry going to provide
market for more cotton at better prices than have ever
been known. AT this point the market has been quiet
during the week. and prices quoted tending down
ward hear, however, Of large orders from European
spinners.
The movement in breadstuGs Chicago Ind through
ont the West continues active and healthy From all
parts Of the West the report that the farmers are wise
~ sending their grain TO market fast threshed;
out, expected, unusually fine in quality
The receipts Of wheat at Chicago since August are
1903 bushels against 726 s21 bushels to same date
last year, and 1854 1902 bushels to same date of
1857; Of -four, 1877 ,5e7 bbs this year, against
7o.714 bbls. in 1858 and 1880 bbls in 1857
The indications confirm the views we present
the movement Of breadstus eastward from Chicago this
fall would be the largest known The market here
this week has been inactive partly in consequence Of the
incement weather. But prices shade higher than
they were, and there is prospect of further ad
vance Throughout the Northeastern and Middle States
the stocks light that the consumpve demand this
fall likely to be active. On another hand, the advces
per Arabia report considerable disappointment among
British and French farmers in respect be crop yield
feared at the time of the July soss, De straw
proves heavy and the grain light We ireorsed that
the Arabia brought large number of foreign orders
this market, limited, however, too low to admit
OF their being executed The market derives adj
ditiona strength from reports that the yield
Of wheat in Tennessee, Georgia. Virginia and
other Southern States is turning less avorably
and ybo
from them may be disappointed.
The provision trade continues moderately active The
export still IN excess Of that OF ast year. which keeps
down the stock here and prices consequently advance
Advices from he West report that The yield hogs will
be large this year. The farmers Of Ohio Kentucky Ind
and Illinois expect TO receive $50 900 for their
logs alone in the next four months
The following the comparative Custom House tables
Of the foreign trade Of the port during the past week