The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-24
FINANCIAL AND COMMERCIAL

SUNDAY Jan. 23-6 P n.
The improved feeling among merchants which we
noticed last sunday has been strengthened through
out tie past week. Almost every branch Of
trade seems to possess a hopeful future
than was foreseen in December last. We have to
record slight but quite percepble advance in almost
all kinds of merchandise If the political troubles which
appear to be breaking out in Europe do not interfere with
the natural Development of trade the year 1859 promises
to be highly prosperous In the cotton market note
a small advaase during the week, with very marked
activity, and large sales, in transitu and for the
mills here. The receipts at the ports to last
weekly statement 2,O6s,00 bales, against
1,22l 600 to same date in 1858, and 1,740,00O
in 1s57-the weekly receipt last week being $4,000
bales against 10000 week Of 1855 The exports to
Great Britain only q 900 bales which for
the rmness Of sterling exchange The last news from
Europe, by the Europa will not tend to strengthen conf
dence prices here but holders very sangune and
disposed make concessions. Breadstus have been
active throughout the week. and average advance Of rs
so cents has been realized the barrel of -four with
large transactions. Nothing would so rapidly difdse
cheerful feeling throughout the country main.
tanned advance in breadsuns; we note, however,
that while wheat has advancing tendency in
England, American -four is hard Of SALE The
fault is in the quality, which must be I'M
proved next year American flour again to take its
old stand in the European markets. Our exports OF bread
stuls since last crop was harvested compare mseraby
with those of the previous years We have sent abroad
since the LIST Of September only S37SS bbls. of -four,
against 444 055 to date in 1857-58 and 554275 to
date in 1S58-57 and only 412425 bushels wheat,
against oss 100 in 1s57-5S and 641742s in 1861
Provisions have been firm throughout the week, and
advance has been realized in descriptions Sugars
higher and firm at the advance; the stock hand
set down at 500 hogsheads and GEL boxes There
have been large sales Of WOOL mostly TO the manufacu
res the highest prices Of the season. the market closes
firm. Coffee s steady at PC. a &c advance Hides are
firm. In word, almost every description Of merchandise
is rather higher than it last week. The importation
Of dry goods during the week very large the entries
amounting to SO $685. against $780, 225 last year. aud
the amount thrown the market to s74 against
o54 $685. Most of the mills also in full operation
that there is prospect of very large supply ofabrcs
for the market this spring Thus far the presumed de-
mand has than kept pace with this prospective sup
ply prices generally higher than they have been for
some time, and all parties are in good spirits.
The foreign trade Of the port during the past week has
been very large indeed in the import entries but quite
moderate in respect Of exports. The imports exceed
millions Of dollars and cannot fail to remind Of the
insane overtrading which fostered by the banks
during the years 1856 and 1857, and which, every
knows ended dsasrousy for the country in the fall Of
that year. The following the comparative Custom
Hppco fOur