The New York herald., 1862-01-20

Vi the above fOEr years, twO-lS58sysfd 1851
were exceptional The foreign impostations for
the first those two years fell at least one-third
short of the usual wants of the county,, in conse
quence Of the revulson, and those OF sthe second
'twothirds short, N consequence of theuebellion.
or theprospects Of the present yeariit is inpos
sib!e to speak with anything like confidence, as
they must necessarily upon the progress of
the war. Whether The war comes to ansend onIdt,
we are sure to export food largely as least until
August next But this is the only point that is
certain. Tse course Of our import trade and the
aggregate emount rof our exports depend mainiy
upon the fortune of war If we succeed in crush
ing ont the nsaellion shs spring next summer, st
viii be safe to look fer large fall trace both in
wards and estwards. The South is welEknown TO
he suffering asa,tey forwfnt of goods, aad these
however the war ends, will have to cems byyway
of New York; and, on the asher hand, whatsoever may
Ne the foreign harvests thiss ear cotton, ro tobac
co and other Southern ppsducts will swassur fall
exports to at least the usual average IL the rebels
areput down within six mouhs. If. ON the other
band, the war lasts longer than is expeGtssi, our
mpat ts will contRse to be Syery small, a&s any
small balance wlsi&i may begin to aceas nlate
againsj us after nex. Eidsummee will be paid a,gold,
Of whiol we can weliSpare many millions. hiss to
should 1ave peace soon as, possible. B,Ei. is
well understood by every one tat nothing shsrt
Of che complete and .efectual restoration Of csne
authority sf the government mt over tie whole Of risc
terntory,ef the United Staes. from .he Rio GranSe
to the British frontier, villGecure us peace whfcs
shall be lasting, and which shall restore that feel
ing Of eenlsence which is essential Is trade.
The following is comparative statsnent of the
a.f
disc at the port of New York sor the week ending
January IL and since January a:--
For the ,ceek. 1900 1851. 1862.
General & merehalsise i,sso'oi1 i,S1a'soS a,si7sSs
Total for the week.. s., ,oso ses zs45.s4s a2o2447
Previously reported. 4,el7,7ae sJS7o,7a4 2,sao1s4
Since January ...slo Jos 11.sseo7s o,iss esl
The above import of general merchandise is "a.
ther heavier than usaa II includes about $500 OSo
of ssgar, $27O,O00 Of wool, $4,000 of guns.
$ls3 eco of cotton, sIss 900 of coffee and sl4l 900
of hides The export oz specie for the week foots
up about $3.50 O00
The basks will probably chow gain Of six to
seven hundred thousand dollars in specie to.mor. |
row, and q large increase in deposits. Their dis
count line IL Running down in consequence OF the |
contraction in business. Their position Is sound |
enabled to resume specie payments in due time, |
and to make money on their transactions wish 20.
vernment, If they can only be restrained from mis-
leading the Congressional Committees Of Ways and
Means into foolish courses. People seem to think
that II the management Of the financial affairs of
were LEFT to them both the govern
mcnt and the banks would bc ban rupt in a few
months. Fortunately for both, Shcir influence Is
small.
The week closed yesterday upon an easy money
market. Instead Of borrowers running after loans,
lenders spent Saturday in running after people
who wanted money. Large amounts were lent at
five per cent, though the asking rate is still six at
the leading banking houses We note sales of first
class short paper at 8, and Of three and four
months paper at 6Ha7. Ordinary good business
paper four TO six months to run, sells at 10 per
cent. f '....l
Exchange on London closed yesterday at 1l2
l12% for bankers names, and 1Os lilo for COM
mercial signatures. The market is in o very UNI
settled state, and may remain so for a few Days.