The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-11-05
20 York Drr cod Market.

NEw YORK, Oct. 1.
The dry goods trade has partaken Of the
dullness general in all the markets, but
prices have been more firmly main tanned.
The supply Of desirable foreign goods u not
| in excess Of the probable demand, and the
| advancing prices in Europe dispose import
ers 10 hold their stocks firmly at a fair profit.
! These remarks, however. dc not apply to
/ irregular makes or styles not especially
adapted for this market. importers are
| clearing out as speedily as possible and at
the best prices they can obtain, all goods
that are not very desirable, or that are ir-
-egular IN any way. The iObbers and re-
| tailers buy with extreme caution, and are
doing an IN their power 20 decrease the
/ stocks Of merchandise they held, with q
view Of carrying over TO the spring as little
as possible. The future course OF the mar
ket is embarrassed with so many doubtful
questions that prudent business men are con-
tracing their liabiities into the narrowest
! possible compass. The high cost for living
leaves but a limited surplus Of cash among
the millions 20 spend in dry goods or other
superfuities. The demand for articles usu-
ally CONSUMED by the million is, therefore,
likely 10 decrease 70 an extent which will tell
IN q marked manner ON the average guam
tity consumed. The consumption OF arti-
eles used BY the rich classes, however, is
ANA likely 10 DC NAAGEAEA IA AlN aaAlE " ~
] The prices Of these will be probably main
tanned, or perhaps oven advanced, because
| importers always exercise more caution and
/ prudence an limiting the quantities OF rich
/ goods they import. The present condition
OF affairs iaTors an increased consumption
| BY the rich classes and those who ieek 70 ri
val them in their extravagant stlye Of dress.
Cotton aud linen goods are higher IN Europe.
stuff goods have also advanced, and the
l. e. a
| cloths are scarce in the better qualities. All
goods required by the clothing trade are in
| active demand and in moderate supply.
Castors, Moscows, tricots and heavy coat
inrs, ia desirable styles ana good qualities,
are scarce and in demand also, Mhitneys,
/ in light colors, fer ladies' coakings. The
/ stock Of Spati sh linens in the market IS
] ligh', and the prices range from forty 10 SIX
/ " cents. Ribbons are extremely dull, but
there is no disposition on the part q i'm
poriers TO press sales, because the stocks IN
second hands are light, and the demand
/ from the late trade is expected 10 take easily
all in the market. Velvet ribbons are ex-
pected 70 be higher 10 the spring. owing 20
I an advance in the price Of labor demanded
/ BY the weavers.
In the domestic goods the market is quiet,
| but manufacturers maintain higher prices
owing to the small stock they hold, and the
limit pluceu on III uutti'h " aA1 AeNSAt
want Of water 10 work the mills. The pro-
duction OF the mills has q 80 been lessened
by the difficulty IN obtaining labor, the
strike among the hands for higher wages,
or the decrease in the hours Of labor. he
enormous profits realized by domestic man
uiacturers of cotton goods, on the average,
over leo per cent. have enab ed them 10 i'm
port cotton goods FROM Great Britain, and TO
| sell them a. their own with their own mark
on them The evil Of high prices will be
remedied in time by competition and over
production. Jobbers and retailers buy only
! Tor immediate wants, as profits OF loo per
cent leavs q wide margin for a sudden and
/ great fall