The New York herald., 1869-12-26
genoy of the monEy market and in the present state
OF unsettled values appreciate tue necessity Of

AMONG THE BrrcHEAs.
The universally OF bran bread philosophy IN proc-
tice as well theory Is the only thing that can
bring butchers to Q realizing sense OF NORA oDlga-
toa In the matter Of % preSs neas o @
and, whatever the prices, must and WI be bought
This s the keynote 10 the Injustice practsei Dy TINS
class Of traders The retail prices OF Utef the same
| Us when gold was at iss highest point Of value
How Il thiss" we asked an intelligent knight OF
at Is very simpler he responded with glib alac-
rltv. ''Gold prices have nothing to do with the
prices OF meat Trains get showed I'D, anu there y
delay in getting oeeves TO market, and 80 up 90
..but don't greenbacks go farther now than when
gold was up In purchasing cattles" we inquired.
.Iut Western Spectators md droyers get the
benefit of that" he continued. 1--WE don't get It,"
mot as much as we ought to-"
Glow much, then.n
.W-e-..I,D and he said this rather hesitatiney.
"that's secret OF the trade. tell you trains get
showed In and we have to pay bigger prices for our
And that's all the explanation you can gives"
IAN can give" and he put on look ~ though
he had eiectualy exhausted mis- iund OF knowledge
from other butchers. brotherhood OF retlcence
seems to prevail among them. Even now, IN this
o. s ye an cs ss are q
coming INTO the market the prices OF steaks rule at
the old figures ana so every portion Of the creature
bovine cons ertb.c 10 culinary uses down 10 OK Tall
soup and calves loot Jelly.
rnE BAKERS.
II there Ia q class OF cormOrants among retail
dealers IN this city II Is tile bakers Their cOnscances
are spongy their bread. Their souls have as
mt.e substance ~ their loayes. Iney deal in the
stan Of life, but II is stan upon which only them
selves can lean for cffcctua support. During the
war when gold went up, they we're patriotic not to
the country, put to decimal currency They doubled
the prices OF their loavcs. Flour Is now 100 per cent
cheaper than IL was then; but, blndly, or rather
prices at the Old rates. Many have reduced the
prce Of their oaves from ten TO eight cents, how.
ever and the probability ID that others Will soon 40
the same not from any sense OF It being their duty TO
do but TO prevent taeir customers patronizing the
cheaper bakers The "Aeraled Bread Company has
mado no dimlnuton In It's prices; but tins ~
monopoly ami what Is monopoly good for II 1t
cannot be made to return golden harvest
shat Notwithstanding the depreciation III gold and
nour being 80 much cheaper tnan It has been, the
same high prices are asked l0r bread sn
Bnt many have reduced the prices OF their loaves
to eight cents" ne replied in o tone in which we
thought we detected reasoning ana not statement
OF ncontroverti0le fact Intended to settle tue matter
in the bakers favor.
"How general s tnis?"
"1t Is growing general"
"Do you think there will be any further reduction
in The price II greenbacks remain at taeir present
VERY possible; but Ill tell you this thing" ana
now MS tone became lmDresslvely earnest ''that
with every reduction IN price there will lie reduc-
ton In the weight OF bread. The bakers are saarp.
People Will have bread"
And sometimes they will have bread riots" we
''Tnai's So" he assumed opening wide his eyes In
conscousness0 0f the fact and revolving In his diated
optics past visions OF the MAD riots of the Frencn
capital and prospective VISIONS OF possible dOngs
OF the l.. .. r. IN this city. and added, but sen
hoEest weight-a pound and "a half TO every loaf,n
We did not put to the test his assertion the lat
ter point, but III the possibility OF lis truth gave him
the Dcnet OF the doubt. Reasoning prtor, however,
1t IL clear that II bakers would wnen nour went
down 100 per cent still STICK to their OLD prices.
when compelled TO come down in the latter they
would not stick ut giving reduced % weight to make
up the duerence But whlle bread has gone down
riie IN seeming, II not IN substance In cakes and
pies there has been no reduction and there does not
seem any likelihood or there being.
DRY GOODS.
In this branch OF the retail trade the present state
of unsettled values is more sensihly felt than in any
otner b. amen OF retail trade in the city New YORK
has not seen u more decisive dry goods panic III
some time. the same hurried eagerness to run OF
thelr stocks before the market becomes worse, or
cvcl lrreDara0ly broken dowa, which many fear,
SHOWS Itself among the retail dealers as among job
Broadway and the Bowery. and In DIVISION and
Calnafine and Grand streets, and IN all the stores
floods below COST" Goods selling ut great sacri-
fees" ana similar notifications, wrought IN hugely
sIaiinS capitas. intended dd caltonan the eyes or
passers by, ara TO be seen o. c.ose Intervals. I'M
porters who, nDhappy for themselves, are
not gifted with omnIsciencc and who have
~ months before they can sell their goods,
and pay for them IN gold, were not now pre-
result the pay duties Is put traction
OF the inevitable loss they have had to sustain Re-
| bought also when gold was down ana though their
loss Is small III comparison to tnat OF the obbers. 1t
mode OF extricaton Is to dispose OF teir old stock
before prices 20 down mucn more and with
thIs take advantage Of the joboers' losses
| NY purchasing imported goods at present
low values. And strongly aluIlng a. are
tne chances OF unusually large profits. no
one dare take extra hazardous rlsNs All afraid
gold VIII 60 down sti lower, and bring down prices
of dry goods with ihem Most, accordingly, are only
SuSng waa. 'lsy e E9 M se s ro aay 70 aa tnere
stability of prices. NO one KNOWS what day or
even an hour may bring forth. Inc motto is
caution the line OF action strategic. We might give
conversations Win dry goods retailers, but u Is
unnecessary to do 30. All regard themselves IN the
same boat. All ore feeling their way with like
caution In imported goods there Is universal re-
duciion In prices Domestic fabrics SOLD at about their
CID nGares, & put % with GROWING ,s tendency to COM come
though not so br,sk as It WAS IN the holidays year
ago. Many are waiting still further declInatlon IN
market and growing disposition to cultivate econ
omy, causes an extenhed hoiung back OF purcnas.
wen. up during the war So sns majority Of resa
dry goods dealers believe that with retroaction IN
gold prices must come down, They are opening
fessed, however that they have been slow IN seeing
| and acting upon it.
1t would make our article nearly uncndlng In
length 90 INTO tine details Of all the otner retai
trades Ia the city Their name is not quite Legion
but comes very it, Though All these trades
quick IN detecting The rise III gold, and though
the, have not shown the same aaGrity III detecting
It's descent III value, It Is gratifying to know THAI
they are gradually becoming reused TO conscious
ness Of the latter fact and evIncing a growing
uiSposlt,ou W iuaIA doWH prices III QcCordance
WIN that great standard of present financial
values In this conntry-Rold. In millinery and lace
goods II Is ABOUT the same as IN dry goods the price
! OF imported articles having gone down, aud oil do
mestic goods remaining very nearly the same. II Is
30 al5o III carpets and upholstery In house furnish
ing goods the matter Of prices Is controlled by the
same nnueLces, and so IN cr0ckery and nardware-
imported goods being lower priced than they were
few weeks ago, and very iittle change in domestic
iaorics In none OF tnesc tratles Is business at pres
| cnt particularly brisk, and does not compare IA
voraDy with last year. Books and stationery
nnn ual hnii fOr fhto
\ son. ono book dealer said he was running
oenlnd his expenses. AMI he generously at lrbuted
II to the Iact that whole financial system as he
could. toy deaief gave II NJ his opinion that
either children must be diminishing In mum oers or
parents IN love OF their little as his trade in toys
mad never been 50 dull as thus lar this winter In
pictures ana prints there IS likewise much less doing
tnan usual at tnis PERIOD the galdes time OF all the
In lheSn lniler