New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-12-16
SATURDAY, Dee. IT.. NJ.

The general trade of the city during the
week has given evident INDICATIONS OF the approach
OF the holidays from the narrow limits within which
has been confined Among The circumstances tending
10 diminish the volume OF business should he mentioned
the scarcity Of frechts and the failure Of the Brus
sells house Frercs et Gle, Banque de PUniOn,
to which in former times heavy consinments or petro
eum were wont 10 be made. Breadstufs have been
rule quiet, though prices little irregular very
dull market being reported for groceries. The cotton
market was frmer during the week, % rule, and
at the close quotations were the basis Of
19ic for low middlings. The demand for spinning
purposes has been good The receipts at all the ports
the week l955Gi bales, against 13393 bales last
week 34 40 the previous week, and 1855 for the week
endng Nov. a. The total receipts since Sept
IsGi asa bales against I,l1s,657 for the
san increase this over last Of 2s265 bales The
time last yeara decrease OF 50 go bales. The total
stocks hand l2G7? bales, while for the time
last year the quantity was %OG.472 bales
an increase Of 6S,l53 bales The total stocks
in the interior towns are 1879 bales, against II 35 in
1871: The stock on hand IN Liverpool is $4,000 bales
against $4,000 time last year. The total quantity
Of cotton in sight is lso94O bales against l9Os39 bales
same time last year, an increase OF lOA baes. There
has been something OF a falling of IN the demand for
dry goods during tho week usual at this season. when
the merchants are making their yearly accounts, and
the same rule is applicable " the general departments
of trade
In financial circles there has been but little To note out
side of toe stock speculation which has absorbed the
chief attention OF the street. ana ruled nttnl and fever
isb. while at times the excitement certain speciaties
has run high Money has grown perceptby easier the
prices relaxing from the very sharp rates the
opening. The early days witnessed very acsye de-
mand for money and as much 10th and interest
paii, SD AMI interest being very
until yesterday, when the uniform was
per cent In gold among the stock broker houses
Much severe comment was OecasiOned by the action OF
Secretary Boutwell, in selling million gold on Thurs
day when unable 10 buy any bonds Wednesday, the
operation dePrlving the street Of over a million
greenpacks. Currency has been coming ia TINS
direction from the grain sections and from
the time the city banks have been
RENTING literally to pork and cotton regions In
great measure IL not entirely. tie in
hux As further explaining the lower quotations current
IN The later days OF the week adj that the great
sbnnkage OF values at the Stock Exchange has very
materially lesselled the demand for money. releasing
large amounts employed In carrying speculative shares
In view or the disturbance OF affairs generally the year
draws 10 close and the natural calling In OF loans incl
dent 10 disbursements OF January interest aud diyde
IL not reasonable 10 expect settled easy money
market much before the 10th 18th proxi though
there every reason 10 expect unusual and
abroad after that time For ON the frat of the
year viii release {f00000O Ss00DOOO OF coin In
ME shape OF new Legal tender, aud general buOyancy
OF speculation Il not at all unlikely % 10
eDgeBdered thereby both sides Of the Atlantic TIE
daily reports from London and the Continent 10 IN
dcate this money rules easy In all the leading nan
cia eenters, the Bank OF England under tho prevailing
favorable outlook reducing the minimum rate vi discount
Thursday 70 five per cent, while the bank
gained &iJO.0O sterling IN specie during the
week ending that date. There every prospsct
Of further lowering within week two. Consols aud
United States seenrtes were stimulated into life,