The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-01-09
FINANCIAL AND cCMMERCIAL.

puNDAY, Jan. 8, 1860
NE first week Of the new wear was chiefly mark
% by an increased ..nqury for money, consequent
upsn accidental causes, and which was less felt
among merc>. ants than in Wall street, the amount
u nercautOe paper pressing on the market for
nals being quite uncomfortable, and merchants &C.
serally Icing comfortable in monetary matters.
h oshe' respects the commercial movement CT the
week has presented no striking features.
- .e receipts Of cotton instead Of falling off, as
W predicted, continue TO iucrease-last weeks
,ceip,s having been 9OO,O 900 bales making the to-
al receipt TO date 2,i43 000 against l,7sl 900 to
sane date Of 1859, and o5l, 900 to same date Of
1sSs. Some Of the circulars predict that the re-
ssPts will nov begin to decline, several Of the cot
In growing sections having been drained of their
pc auce. However this may prove, the price does
nss,decne; quotations are in fact &c. higher than
Z ~ were ct the close of last week, and advces
Ien Europe confirm the view expressed week
fnce in this column, to the effect that consumption
II Increasing even more rapidly than production.
The grain and -four markets have been tolerably
%aieSs.nce last week. TIE speculative purchases
= which we lately alluded have had the effect of
checking the export demand, as, atpresent prices
q Ia doubtful whether either -four or wheat can be
shipped TO Europe at profit Should the Europe
IN markets continue steady or decline during the
next sixty days, it will be perhaps reasonable to
asok for downward movement here. Even ad
Mitting the European deficiency to be as consider
tile as is reported the old stock Is large that
'shsshort supply may not be detected before May
OF June. This time last year we were shipping
very little -four and no wheat to foreign countries
Provisions are steady: pork IL o trihe higher,
- .xh - hnr olc%;,,. a.
NE price in the home market The export Of pro-
visions during the month of December did not vary
nueh from that Of December, 1858.
The year opens on quiet foreign produce mar
hsA Sugar is steady, with . fair business doing; o
ME Of New Orleans took place last week at 7lc
aslc. The demand for consumption is active. Teas
IRE inactive and lower; an auction sale took
Daaee yesterday and lower prices ruled for almost
IN descriptions. Coffee is steady, with fair de-
Dsnd from the trade. Hides have at length begun
% rally from their depression, and are selling
st about lc. advance over last weeks prices; they
1se, however, in most cases still below the cost of
Apsrtation. Brandies are rather lower, in conse
qnenee of the desire evinced by some holders to
sealize but the business doing is light Spices are
dali.
The spring trade in dry goods would open
On hand and on the way, and the uncertainties
Witch envelope the trade with the South. Most Of
"a leading houses, however, report that their ad-
giess encourage them TO expect a good business
Ah spring, both with the South and the West.
Both the cotton and the breadstuffs crops having
bssn good last fall, and the stocks in the hands of
country dealers being small, they look for an &C.
Tive time at the close Of this month and next
"a A. Oo,Sh h,,uo oI~ To- g..
9heir reports differ to the feeling with regard to
tsade with the North. Some Of them say that the
South is ready for nonintercourse at once, while
sAAers assert that the noise which is being made Is
"a up by parties who desire to attract trade to
Richmond, Charleston and Savannah 1T the cost Of
New York, and that the South will continue TO buy
q the cheapest market, wherever that may bs
hand, without regard TO political considerations.
1he following are the comparative Custom House
eables of the trade Of the port for the first week Of
$50, as compared with the same week of tbs two
past years.
For DE ,Oeek 1858 1859 1890:
s:s.ssI Merchandise iosasss 7issis is sssi
ss.s, for the week 81 $40, 2si l99O7s0 sOol ,eO4
EXPORTS EXCLUSIVE SPECIE
~ the week SAL las d $685. ,5 ISL
jssvsuay reported 7o,sd2,ass 5s,s7s,7a oS,77s,ssa
- January 81 493 Gal 60,379,237 6, 2S7 ,0l6
EXPORTS OF SPEECH.
- SNSteeDer ArsRo, Havre, Amer. gold bars. $50 800
6-Steamer Arago, Havre, Amer. gold ....... 800
1Brg Addy SWIM, - Thomas, Amer gold coin 81, 900
eBfig Addy SWIFT ST Thomas, 6franc pieces 1850
1osai. 1850
8.nc week 1859. III ,0o2 ,b5S
The export of specie TO Europe has ceased, for
he reason and in consequence Of the advance in
New York exchange at New Orleans; the usual
drain southwark has also been checked for time.
Some small parcels Of gold continue to arrive from
1he near by cities the supply from this not
AOwever, large enough to make much change in
tAe reserve, or TO counterbaance the gain by the