The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-28

FROM W. T. OOlvrnsn 20 g san FfacciSc0 CycuiAr.I
SAN FRANCISCO August 3-EvenDg
Al tie cose OF each successive fcrtaga. We are casd
upon 90 report still increasing gloomy condition of trade
Ia tns market. The dowaward tendency ~ prizes 5ti
oniIues, and the oilouss tho way o eecing llea
more especially OF round os OF goods, fe
serious IRON 70 day la HE .rer oarl ot the pre-
seut fortnight there moderate deaaud for 5es
by the country trade aad ths city - ,ers were N the
market for mall quantities of sood. evidently regulating
their purchases by tue extent o the OF va
cusscm. Importers wore obliged 10 divide up invoices
and scarcely instance u sale OF ude has
to our notice until within the last few days For SHORT
period fair aggregate busiLsss done Ia this way
prices generally taycfing tuyers while hol jers lost 40
Opportunity OF fes z'rs Whenever purchaser could DO
Since thel instsnt large fleet Of veuses have reached
port principally from New York and Boston, WITH
ed csrgoes From these receipts . considerable number
Of sales have been effected 10 buyers for in yestment
smong com some purchasers for Eastern account
filed several orders. activity In the market
at price, has therefore prevailed ia the last fe
days. but the city trade have part cpaed very spsrpgy
in the transactions current Thsre 10 ides apparent
that prices cannot 90 much lower but 10 equally
probable that al advance will occur the city 1obers
content 10 wait for revival OF their lay
q small proportion " the amount Of receips and
the fortnight closes wihou. any alienation Of the
bad features OF bueintss Tue country demand bds
nomuR tho city TRADE almost require to sell goods be-
fore they Will buy them, aud in ell ten
willing sellers Tor one reluctant purchaser Our
houses are crowded TO repeton With every conceivable
commodity ships are arriving daily with goods that
not wanted great grand gu Of every thing money
and buyers prev and the losses hat resut thoe
who concerned In trade will ere long verify the rem IN
etrances II at have been made agans the policy pursued
BY shippers since the beginning OF the present year
matter Of interest ~ Eastern shippers have occasion
TO notice that material proportion goods now seug
discharged either from the long ages Of
unsuitable quality Of Shipments much Injured by the voy
age. The perpexes Of consgpes are greatly eunaacsd
by this circumstance there yet overabundance
sound supplies, and II becomes matter or serious con
sidcraton as to What can be done Nth goods
charitable condition
The latest adviccs from Atlantic ports have induced the
belief tina. shipments that side must have beea dl
minshed subsequent TO the beginning OF the month OF
July That sucn q course 10 corte nplaton we are
already appsed also learn that The was
INDUCED that tbis marae must improve IN consequence.
We must be permitted 10 say with references to su,h
idea that will require partial or temporary cessation
OF shipments TO nouce rally ia markets. and that
shippers will coneult their own interests bos by awaiting
some practical Improvement with u.s. in preference TO
forming theories OF what trace should do. They will
nod more profitable to take advantage OF change for
the better when advised Of lite than to
additional risks by renewal OF shipments at an earlier
period than they shall be wanted
tt low sge OF prcea this ina!ke AMI the fact that
many partially perishaole staples are ruling wthia home
cost are terminating certain amount OF speculative esl
irg that, although much restrained b. sne gcNcty OF
capital, will doubt develope itself ~ the Opening Of the
fall trae Should operations character prove sue
cessfuI during the coming three months they will afford
striking exception 10 much bitter experience. Blu,
would e:rnesty suggest that shippers should refrain from
further adventures Until stocks shall show indications Of
beng reduced by Legitimate consumption, and caution
them against being msei By any fare initiation that ill.,
founded specustions may temporarily create
Crcumsar hare made necessary that shoud de.
vate from custom of simply reviewing the transactions
occurring 10 this market during the preceding fortnight
That could be accomp Ehet few words but oci
bly, are We impressed with the conviction Of what the
prospective interests oil TIC concerned shpmsnts that
We feel compelled TO give cur advice in strong terms.
That rarely assume such privilege should be the
greater assurance Of s necessity TO those for whom is
intended.
Since last steamer reference quito fleet of vessels
have entered port The number, ia Guiding
vas from domestic Atlantic and foreign ports, being
Thirty. Tneee sessions have wrought quite change 10
the appearance OF our harbor from that which IL
for many weeks previous. From July 10 10 the num-
Der of arrivals but nineteen, OF which but two
from Atlantic ports, while OF the number since arriving
eighteen from the Atlantic side OF continent Ia
june We bad twenty six arrivals, all but six Of which
were from foreign ports