New-York tribune., 1872-11-11
SATURDAY. Nov. 9-P. NJ.

The general trade of the city during the
week was interrupted by the occurrence OF the election
the day being observed holiday. Since tDen, now
ever there has fair business done, with some va
1iatons in prices In breadstufs duh market has been
the rnle and prices have had declining tendency, all
the cereals being lower except rye which made little
improyement Groceries have been quiet, without any
marked change in quotations. An unusually light busi
ness being done in dry goods the cotton market
has been quiet and the week closes with n lower
basis OF prices. The weakness OF the market is trace
able to the free receipts and to unfayorable
European advces The receipts at all the ports for the
week were 33O5 bales against lO465 bales last week
I3ls the previous week. and 9S20 for the week ending
Oct 49, The total receipts since sept amount to IoOsl2
bRes, against 565lg5 same tie IN lol' ah lhcIeas O
2ljCl7. The exports for the week amounted 10 1856
bales, against 4ll5 same time last year. an increase O
29205 bales. The total stocks on hahd 1901 up S69
against 1856 last year. an increase Of 5g3 bales Ihe
total stocks in the interior towns are 6yZi2 bales Ihe
market closes the basis Of l9lc for low mddlngs.
The week in WGl-st. has not been characterized by
any feature OF special interest or eAcemeh the inter
venton OF election day glEng te marhet ARK broken aI
peaTance. Briefly stocks have been dul ana unsettled
though heavy wiIha gold ruling strong and active,
while Governments were qutet ana hrnl. Money has
been easy though not quite so easy as during the pre-
per .cent though balances have been put
OUT az 8, I, and % even ?; 1t should be
form criterion Of the market, but sppy represent
idle balances winch are placed for what they will fetch
This in the market and absence OF demand arises
the Presidential contest was assured Since the election
eupy tie services of "Coporais Guard Of brokers and
consequently the need for money has been light indeed
The future OF affairs In Wast, aside from cOnsdeia-
tons OF a foreign nature are closely inerwoyen with
the policy OF the Secretary OF the Treasury II Will be
remembered that during October the Treasury assumed
the responsibility of secretly Issuing A5OO00O of the
$4,000 900 legatenders retired under Secretary McCu
lOch. Upon the withdrawal OF these notes
from circulation, the Issue OF ga few more
OF the same sort" depends the future
OF money, ana consequently In measure, OF stocks.
OurWesten exchanges report stringent condition of
money at the chief ceners and indications point to the
he frnm his
city TO the pork crop, already large have
been sent forward 10 the Southwest for cotton purposes
Should Secretary Boutwell, conclude 10 retire the
cretly issued legaltenders, as has been int
mated In Washington dispatches, 10 II likely that
somewhat stringent money market might follow. The
news from London at the close OF the week is by no
OF that cheerful nature which the friends Of the
present Administration predicted "A sequence of tho
result Of last Tuesday. ConsOls have weakened,
ana United States bonds have declined /!
10 per cent IN value since then. Many
American securities arc also lower. II II
Claimed by s0me that this 10 partly due ~ The close