New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-08-02
eau securities


frw.i OH Central "a lJ7d.........".... " SO
Esw.Yo,k Genital sino .h2r7'..''.'''''' o. ~
New New .Yors and md frie "a N Isss.-:::: % 9,
New and Etie ID Nj. 1853. assented 20 q IS ~
Newly OH and Erie Bonds. 's2. IL '7J... E. a
Eew-Y and Erie shares, sssenied....' =. a..
P.nsms ls NJ. Is, lso5.,...,..''''.''''' W dI11
Panama % VI. "a. 1917. ...''....''..''..' 70 n "
p.easyissnis Cenirsi2d M.............. 50 a ~
Psrngylvsuia Central $50 shares......., ~ a 80
Phsadelthia sud Reading = % sharcs..... 10 q ~
The Australian adyces rerort thattheamount Of gold
shipped from Melbourne for England by the Dover
Castle Is 80, lj6 ounces, anil by the Sussex, 3l93j
ounces making together Ct 089 ounces, worth f|il,-
600. The Marco Poo with f26,C0o; tie Borea, with
GO 600 the Agincout, with f79 0O0i and the Donald
Mckay $500 COO alio still at sea 50 that the ag-
Rregate on the way il GjJl GEO. The Melbourne ad-
vices also report bot arrangements had been made for
the conveyance Of about $1,000 ounces Of gold to En-
glard by the steamer Great Britain and about 5000
ounces by the Suffolk, making together liOV ounces,
worth fl.00J0. Both vessels we're TO leave ON the
9th Nav l. will thus lie seen from the foregoing
satemeEts that although for tie moment, the coin and
bullion reeerye in the Bank shows decrease never
theess NJ Tho ports have considerably oecfeato aId
tho imports in short time are likely to be c0nliera.
be the rather unfavorae character OF the retdrDs VIII
give Place 10 satisfactory statement.
The state Of financial is lees satisfactory than
Il was last month; some failures have taken place In
Paris.
The general dry goods trade has no. improved since
our last review and great inactivity is observed The
few iobbe whose credit remains intact, are reducing
their expenses as far as possible and no disposed
10 extend teir operations until iarer PROJECTS OF bu-
ne.s are presented The manufacturers and their agents
ac, with the cane caution, aud do not invite pur-
c'a.ers except Tor eash--ius the business greatly
restricted aud amounts 70 .rly Suspension, IN all
branches, except in that Of army goods, which the
Government require in large quantities. NotwIh-
standing this Inactivity domestic cotton goods Of all
Kinds are held with frmness, and positive sd-
vance has been made IN some OF the leading styles Of
heavy cottona Of quite one.hafa cent Y yard drills,
brown Greetings, sbirtngs, Canton fannels, and
bleached goods are among the styles on which the
largest advance has been made. Printing cloths,
prints, denims and the whole class Of New.En-
gland fabrics are not offered except at higher prices
Tic sales are not large cash generally required in
seitement Of bile, but whenever the demand for
consumption requires, tie goods taken. There sa
determination among al classes 10 reduce she credits,
which il much more potent than paper agreements,
which have been circulating during the rsst three
months. Many Of our leading merchants positively
dcciae TO sell domestic cOttons except for cash. and
wooen and foreign goods on four months time, instead
TIE rapic which bas 60 irresstbly broken up many
good houses would have passed away without distress
TO the mere ntile classes if fair system OF credits had
been adopted TIE C nsumer should pay each, or It's
equivalent, for his supplies The country merchant
thus would be able with small capital to make promp.
reuabees to the jobber, and he in his turn could re
duce his liabilities by giving short parer to the COM
mi.sion merchant and tie manufacturer. No one
A Inai of lgrvcl h
out adequate capital and when business royives, We
fhal have prosperous andheahy future, free from the
fuc,ua n, and disappointment Of the last century
The presen, poston of the cotton manufacturer is
an embarrassing one, and yet seems scarcely to be
realized even by that class most interested. he
ttop, lis works, his operatives, who are dependent
upon him for support, are out Of employ uenti his
machinery injured I'D losses are en,Ii!ed IN yar-
ous WAYS. Ii he continues tie manua'ture, he in
c,cases his stock becomes embarrassed By is accumu
ation aud prices fall notwithstanding the raw material
NAV continue to advance. The chief causes Of tho
advance in cotton at present, as everyone khows'
ara the known small stocks on hand, and the
possibility or, we might say, tho probability oil no
inrler supply from the South for months. IL is hard
FOR Ms to believe that the crop Of 1861 will DO withheld
from the markets Of the world bu' that is the known
DOhcY Oh COulu III tnO ViNthau0 10 HNSN N'N~-'''
England ut present as supply which, with economy,
might suffice for her during the present year, out
he gets no supply from the Southern crop she WIN
abort 500 600 bales for next years manufacture,
even Il sbe should receive from all other countries like
Brazil EgyIt and India, tie quantities that she eS-
pects We have scar ely % 900 bales in this the chief
denot for cotton 1T the North, which is barely
sufficient for two weeks supply of our spindles
when making fall time. IL Day be true
that some cotton s held in tie hands ofspnners but
we should not deuds ourselves with any alectatOn Of
correct figures, where no exactness lie attainabe for
nothing positive is known bet as q rule the majority
Of manufacturers do not keep large stocks ON band at
this season of the year. Ii we are restricted in our
suppes TO other sections than the South VIII be -
inadequate 70 the demand that the raw material would
advance beyond precedent-some English writers have
even predicted IS cents y 10 for Middings.
Even the present price involves too much hazard Tor
the cotton crop of the South will not DO destroyed cu'
simply wilhheld-to be thrown on the market by mo
victories of our own forces, or some other cause ~
press prices. aud involve loss to all en2'soa e''' ~
the manufacture or sse Of domestic sooos' wac
he future 70 uncertain rd unsatisfactory iof 'e P'Vs
ecution If ,bis most important br9nch oil hs.ry'
and !, ,eoui,us all the prudence and foresight
Renee aud tact 70 eteer c'est ot u'e s'''S VI WIN
ruptcy,