The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-10-03
FINANCIAL AND COMMERCIAL

SUNDAY, oct. Q. 1859.
The business of the past week with the interior
orally good though the dry goods men continue to
plain. The Western merchants far we can learn,
displaying very considerable caution in their opera
tonsbny ing onehalr what they used To d. an showing
disposition Ia proceed deliberately and sound prnc
pies in the reesiabisbment Of Western credit Some Of
dry goods auctions have been III attended and many of
the goods withdrawn The chief gnt appears be in
French ard German goods, and especially fancy de-
scrptons the lose these will probably be general and
heavy British goods and staple articles less ahin
dant and have suffered thus far little nothing
probation The general confidence in the recovery ana
future prosperity Of the country such the impor
tations fell of for week fortnight the tone Of the
market would improve; but, in fact the OF inn
ortatons 1853 and 1857 becomes larger every
Under these circumstances the could not be different
from what VIC see 1t great thing for country dealers,
who can al present purchase goods New York many
instances considerably below cost
Tie foreign produce market has been generally active
fun prices. Teas hare advanced about ceuts pound
on the strength Of the reopenng of the Chinese I'm
rorters expected more considerable advance, only
i'll consequence Of the war but because the stock is
unusually light; but grocers buying very spsrngy
and willing TO trust the future. The advance in
the sugar market is maintained; the Is. of Sep,em.
Der sugars have risen c and the stock here has been
reduced 70 GEO hogsheads Returning prosperity ev
IDENTIFY stimulated increased consumption; far Con
sumcrs are concerned, would that the late export
OF sugars u Great Britain nexpedent Coffee firm
Hics continue dull cargoes expected To will
| net their owners considerable loss
The cotton crop continues IN come in freely
and the exports large The French have
been very large buyers in the Southern parts; orders
from British spnners have likewise over by the late
et<a The ,x.&.h howe HAL
declining AT this Of the year present prices
high; but the cotton dealers say that should peace
be preserved in Europe, even crop of 1000 100 bales
will not satisfy tie demand The receipts the ports las.
week 81 900 bales against IS 900 ba. same week
last year. and u 600 bales me week 1857 making the
total receipt fnce Let September 100 600 bales, against
Coo ia to date of 1885, and q same
date Of 1857 Our leading bankers free buyers OF
! cotton bills in the Sonthe ports.
The week closes with better tone in the breadstufs
market While the hand advioes from severa! of
the Southern States and from the principal wheat growing
Of Europe intimate that the yield wall pro-
baby fall short Of the August estimate the other, the
farmers of the West are wisely sending forward their
grain fast in condition be moved and Chicago
il scene of great business activity The re.
ceps 81 wheat u, ths point during the mepth Of sep,cm
Der In round numbers 2lss, 100 bushels, against
,2 $50 bushels during the month Of September last
the receipts Of -four this year lis O50 barrels
against e. ,0o barrels last yaar so that al
together, turning the -four wheat Chicago has re-
ceived Ts3 $50 bushels this September 1854 $50
lastthe excess this year being thus eq 800
bushels Of wheat 1t may also be noticed that whereas
last fall considerable portion Of the gram forwarded TO
market was so poor as 10 be almost unsaeabe gear
the universal report from the West is that is excellent
| in quality.
The private advices from England per Asia state thu.
the crop, both liz that country and throughout Europe
with the exception Of Prussia is threshng was
expected, q the actual yield Of wheat VIII be very
l much belcW An average in Great Britain France and
Russia Under the circumstances, considering the re-
write though they looked for export from this
side. At present prices permit Of grain being ey
ported TO England at profit small purchase was made
on1rday for English account and lis understood that
thousands OF bushels have been bought England
at Baltimore; but comparison OF the quotations shows
that e her prices fall the English prices rise
| before wheat or -four be shipped probably.
There indications OF advance in Great Britain but
usual 1t IL being anticipated in the West and the OBJ
| sect may thus be defeated
lhe foreign trade Of the port for the week has again
been very lage We alluded in yesterday pape to the
heary mpor of dry goods thG of general merchandise
viii be below, is equally large. The chief sns
quors &c Fs- many OF these articles the constructive
demand is undoubtedly greater hpn 1t 1857 The
| following the, Custom Hosse TAI leg