The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-03-28
FINANCIAL AND CONNER GAL.
SUNDAY, March 27-6 I


Commerce. during the past week. has been rather quiet
three articles-cotton, tea and dry goodsprovug
cepon to the general market The holders of cotton in
this market have for time past operated for rise;
the news by the last Cunard steamer which arrived at
this port encouraged their hopes the per Nova
Scotian Portland INDICATED the soundness of their
views. The consequence speculation cotton
Thursday last such this market has known be-
The sales Of the day amounted to the unpre-
cedented figure OF is 600 bales, which generally sold
eighth advance. On Friday aud Saturday the ad
vance maintained, and the minimum quotation foc
middlng uplands is l2sc. Most of the sales
been made in ransitu The last weekly report gave the
receipts Of the past week at 1900 bales, against
$4,000 bales week in 1858, and $1,000 bales
in 1s57--makng the total receipt date 3,l0.-
600 bales, against 2,245 900 bales 10 late in
1885, and 10000 bales to same date in 1857. The
exports are still small The total export TO date is
only $1,000 bales (of which 900 to Great Briian)
against SO coo bales exported to corresponding dae
1885, and SO 600 bales exported to date in 1857 II evil
dent that large cotton export Is impending The Man
chester and other manufacturing were never doing 50
excellent business at present 1t is Absolutely fast
that the manufacturers refnsng TO execute orders
go immense is the demand for dry goods for home
sumption and for export Our spnners also doing
than usual Under the circumstances the late al
vance Of the staple this market moi only warranted,
but further advance may possibly be expected At
present prices cotton may be exported whou, loss;
it is natural to expect that II wilt begin 70
20 ahead freely than heretofore. The net
profits Of the cotton planters this year will fall
but I'VE, IL al ALL short Of one hundred millions OF d)i
lars. the bTeadsuts market has been quiet throughout
the week. The European aiyces are adverse to any
speculation here and the spectators who originated the
late upward movement are waiting for better news.
There change in quotations. holaers both Of wheat
and -four refuse abate anything, ana buyers hold OIL
Canadian -four is in request, and prices very firm
The export Of all kinds Of breadstus continues to be
moderate. Provisions are quiet. Pork is rather lower
in consequence uniavorable quotations from abroa,
The export however continues TO be large. Ashes
| steady.
The import trade has been du during the past week
with the exception Of dry goods, of which the import
continues to be large. The import entries of dry goods,
which published Saturday show that THIS market has
already taken foreign dry goods lhan imported
to the date in 1857 and Of considerably
than taken date in 1858 The jobbers have done
an excellent business since the beginning OF February
Never this country began to import have the South
| and Southwest taken much foreign dry goods The
purchases bes sacken but the much decred West
buying moderately and the present crop prospects
| maintained, there will be good many purchases made
for the est IN April Inc RrsS OF the cry goods trade
were given Saturdays HERALD Sugar continues be
in fair demand at previous rates There have been two
auction sales Of tea during the weekon Wednesday and
Friday. The attendance at both was LARGE and the
bidding spirited Green teas have advanced &c. 60 per
pound since last week large cargo (per r. Henderson,
valued $500 COO has been taken by one house specu
laton; part OF it has already been resod al profit
| Woods have been dun, without change in prices.
Hides steady without activity the stock is set down al
SEQ against 242 937 date 1858, and 1856 same
date 1857 For spirits and wines the demand continues
TO be moderate, but prices arc fully maintained Spices
quiet Coffee has been dull tho auction sale Of Friday
resulted fairly, prices being just sustained Iron s dull
and qualities lower. The demand for leather
continues be active and prices remain the same the
stock Of hemook is set down at $500 sides against
2lsGoO and OF oak $780, against &c. 2i3 last year. Gene
rally speaking there has been pause in the advance
Of foreign merchandise, but prices s high enough
TO afford handsome reward TO importers
The foreign trade Of the port for the week makes
favorable exhibit than that o. some previous weeks
The Custom House tables az follows