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

SUNDAY Oct o, 1852
The week ending yesterday witnessed more sacrifices
among the importers of dry goods Though the late de-
cline in prices led TO revival Of the demand for goods
and the present cheap rates at which articles
for saance, fancy silk goods, selling will probably
extend their use, still the amount thrown the market
is than it take, and the losses Of the importers
are not checked In Europe the very contrary is the
Prices there have risen all and orders
goods which netting the importers here loss OF
twenty per cent could not be replaced Europe within
ten per cent Of their original The probable effect
the spring trade readily be realized There is thus
far check to the importations which the face OF
every possible for decline, continue to increase.
The business in foreign produce has been fair, and
generally speaking at good prices There have been two
auction sales Of tea at which the attendance large
buyers however, do not yet disposed to the
views of those who look for further advance and the
lots which sold went of at about previous quotations.
In sugar We note further advance OF 4 4 per ID
Holders very firm in their views and the stock in
second hands is quite small Moasses is steady. Coffee
very firm notwithstanding large arrivals. The arrivals
Of hides have been large, and the market is dull at
small decline from the prices current last week Wool is
moderately active without any material change Of rates
All these articles with the exception of hides though the
importaons this year have been very large indeed have
done we'll as a general rule, for the importers. The
penalty of mporatons TO fall exclusively on
the dry goods dealers, wbo for their part made money
enough the spring be able to stand losses this
fall.
Cotton continues to forward very freely and the
promise OF unusually largo crop still holds good The
receipts at the ports large, in fact that especially
since the unavorable market reports from the other side
prices have downward tendency and transactions are
limited The planters and dealers are relying on the in
creased consumption of the staple which must follow the
restoration of peace and the spread of industry; but
these causes it must be remembered work slowly
in producing their effects. The receipts at the
ports last week were $4,000 bales against
$1,000 bales week last year, and 81 900 same week
of 1857 the total crop receipts date 900 bales
against 14 600 to date 1885, and 900 same date
Of 1857. The total imports to date are $4,000 bales
against 46 900 TO date last year 900 to same
date 1857 The export last week was 20 900 bales which
provided fair amount Of bills.
Tho grain and -four market ha been irregular through
out the week. The European advices received early in
the week rather tended to encourage speculation but
those per Canada have again checked the desire The
supply Of good wheat and -four at the principal
centres of trade is very moderate, and though
grain is moving freely in Illinois, still very
little Of it reaches the seaboard Many persons
look for an export demand which would sup
port much higher prices than those now prevail
ing in Europe. At present the market is sustained by
the home demand Our latest advices from Chicago
that the dealers were Offering produce paper than
the banks could take and that sight drafts Oswego and
Buffalo offered for currency at par From Cincin
natl the report that the merchants preparing for
large fall trade in provisions The quantity Of hogs raised
WILL is said, be as large as last year, and the quality
will be better In the provision market here there is
little activity. There have been some extensive opera
tons i'll pork, but beef continues dull
The following the comparative Custom House tables
of the trade port for the week and since Jan L.