New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-21


the Money market:
FS,v uncomfortable feeHur created 10 none
,sry and circles by shs news from the United sAs
Thos was good demand for discount at the Bsnh to day
III. price from Paris this evening w" o hc en- 0'd0''
xSon ~ o were .sien from the Bsnh for
to 10 Be .spsS ~ .n@ WIN -
branch The for .s ;y:s y the q.
p. IRON, the usual rate Ofsis ste IoI = cen.
TO s rom an sss FROM The s The de. hs Is.
would terrible alarm On THU side has been one Of nS
II i upoussionsb. .. owing the magnitude Of the grain
e1poaon. the supply q BIZ. on Eussnd . .sy 70 on, 10
The absence panic the exchange would have fallen 70 y very
oy point s1d eon.saaeny no" thai The panic osn, ss "a
respectable viii consent longer TO sub
% I 81 Ass'i he .as
the article most sought Under sns.s tam, Sny y r S
merchants London and Liverpool especially .. the .1p.renie
iSs R Rsae about = a i. middle T. Of oesSs
by the Bslic ..nsT the Peri. took ;Sou a. &
November that to say within month had sa,oes that
q % :". %: ss l s We :n
steadily receive large sumo until In the middle pecsnos
veimpoI,ed from America In one week alone ''A OF moro
IMAM From TIE Tine. c.y Artie, Dse.7
from oanh
be .snt New York by Persia Saturday Note. % .bet
iSS hsf .e Ses he Liverpool
HIewise BE- sent from London this viii no, be Withdrawn
U@ s Coco % & With I psSos. siisne.
dispatch this week will about the to s drain nom New
large portion ofhe gold Of ,ransmi.soe TO ne
Bank Of france for the silver Pachssed consists Of Russian h~
fhe weekly ofthe Bank Of England show de''s''e 10
ssns Broth.r. Co Quote Bar Silver at 3il Dollar afl,
Eagles, 70 d nominal
The same inactivity which we have hitherto re.
ror,ed in the Dry Goods market prevaik. The few
export orders from Mexico and the South American
markets scarcely relieve the dulness OF business, while
the home trade is at a stand still.
We are glad to learn that the manufacturers are
awakening to the necessity Of reduced production.
We hear of ten thousand lsoms at the East which VIII
be placed on short time after the LET Of January ana
many other rropretos will adopt the ssme course, ont
we do not suppose all Of the large corporations VIII
readily come into the measure. During the pas1
eighteen months the profits Of the bsness have been
satisfactory, and the manufacturers are able " run
their mills without immediate sales and TINS may hsh
many TO make full time but no impartial observer OK
events would counsel such n course II is true thai no
important decline in prices of goods has ooen re-
rorted except in special styles, yet there cave
been no important transactions, and II goods were
forced uIon the market, no profit would be lett 70 '"e
manufacturer. Tie results Of the arrangement VI
trade have not yet reached that class; bnt oeiofe
the Spring opens, its effects VIII be seen III
large accumulation of goods If there ia not par'ii
suspense of production and the results upon the do-s
tic market will be disastrous. The commission houses
must cell the fabrics on which they have advanced
their accepances without reference as TO the oo@ OF
manufacture in order TO protect themselves and tha
must entail loss on all manufacturers, whether depen-
dent Of their agents or not. The probable recovery
from the depression of the goods market during the
season must not be compared to that period which sac
ceeded the panic of 1859. AT that time the West, after
her proetration showed wonderful recupertye ener-
gv. and we had large Southern demand for goods, and
the Manchester spnners engaged with the great
Eastern trade which was much more lucrative that
our markets were neglected. At this time, when gold
is flowing to us TO meet the wants Of exchange,
and the India and China markets are slack, ft
not probable that our importations Of foreign cot
ton and wooden goods will be increased, aud
our market continue depressed for greater Pc
Iiod than our more saDgune manufacturers believe.
Besides we have added 70 productive capacity,
and the new mills which have been projected and
finished the past year. show large per eentage on tho
available spndles of the country. In view of these
facts does il not become the manufacturers generally
TO consider the advantages of working short time and
prevent an oppressive stock Of goods, which would ruin
the business in that department for 1861. We annex
our usual summary of exports Of Domestic CottoM
from this por for the week ending Dec. Is, As foowss
D. -.,., w.. India. fis. . 's ss