, 1864-11-29
CHICAGO DRY GOODS MARKET.
MnNnAy EyENfEa Noy .

There is nothing new to note in the Dry Goods
market. Trade opened to-day with much activity.
md holders are quite willing to of theirEood
now, and not wait for chnnSe in the market.
| Prices remain as before quoted.
In the New York Independent quotations OF Dry
Goods, which We published in our last Issue, the
reporter remarks: t'The decline In gold has efee-
tually destroyed the stability Of prices. The raw
material has also declined" On the subject Of a
New York Norld, New York organ Of treason
bo1ds the following language:
"These violent and audden fluctuations in the
price Of gold have paEalyzed legitimate trading,
and engendcred want Of confidence as to the sta
ready added seriously to the embarrassments OF
many firms, II Government continues 10 press
f s p1ses q
commodities and securities arc likely to sympa-
thize With It 80 faz as tho Wholesale trade is con-
ceFned. The consumption among the people Is nl-
ready much decreased, owing to the reduction In
their incomes from the high cost OF moro living.
l. On preceding occasions We haye given the de.
tails OF. the estimated amount Of the stocks Of
merchandise on hand in the loyal Suites, which
Is, in round numbers. oyer two thousand millions
of dollaFs 9f whs the sites Of New YoSk Ros
lions. A decline In prices Of twenty-five q cent,
therefore, knocks ont OF existence one hun
rsd 81 snS Ns e e Bdsan se md # spRe f. shs hs
five hundred millions OF dollars in the whole loyal
States. Tho fall In the price Of gold and other
Tha msEa an Tan
tile community are dependent thereon.
Now, II the above paragraph has any meanfngf i
1t is, that the nerchants holding these goods, WHO
arc likely to be such heavy suGereEi "a decline,
should combine against the Government, as they
certainy hare done In at least one instance before
to carry up the price Of gold and goods with It. to
sare themselves from the loss which now threatens
fheun Them fn1rntr fhe adyira ~ Tho IT,
in the other instance 1t was partially auccessul-if
they think 1t will pay. But VIC would caution them
against one result that may follow such a move
ment: Their goods may remain on their shelves,
or in the cases, until such time az theya are brought
to their senses by reason OF their loss OF custom
ers The people believe In the inexotable logic
Of events. The3 have seen gold 60 up and dry
goods with 1t; they now see gold going down, aud
they want md expect to see dry goods takc the
same direction. ANY i1lcgitimate efforts on the
part Of New York merchants to. defeat this p1ain
logic will be sure to excite compcnsatIns oppo.
sitson. The Northwest bears no particular love:
and sympathy towards the city Of New York.
While she Is filling the army with her sons to put
down this unholy rebellion, the city Of New York,
by more than two one. votes her efforts 's'Eatl-
urc "aud declares for "peace ata any price," While
the Northwest Is encouraging the hardy sons Of
the Wondering Kingdoms Of the old world to
come to this land Of plenty, and have their own
vine and fig tree, the Mayor Of tho city Of New
York discouragea immigration by every suasion
which suggests itself to bis bad heart simply for
the reason that immigration may adda wsoldlers
10 the Union army. While thepeop7e Of the North
west are d1cd with JOY at tho SUCCESS Of our arms
in the very heart Of the rebellion, this same Mayor
fofbids the Loyal people Of New York to rejoice,
because 1t is victory over his own friends and
brethren. The merchants Of New York may think
they haze monopoly Of trade, and can control It,
But they have not, my more than a monopoly OF
the virtues. Philadelphia is loyal city: Balti-
more Is loyal catyi and Boston also. These
cities vote largely that the war Is .'suceess,'
that they will ght 1t outs that peace only fol-
low submission; and rejoice at the SUCCESS Of our
arms. They are friends and in 6gmpathy, In all
thsnge, with the Northwest and as such they will
be recognized. New York might as we'll under
etond this, and particularly New York merchants,
and understanding 1t, let them try the initiating !
principle again through The gold room, and see
what will come Of It.