The New York herald., 1873-09-29

Cotton Firmer-Flour Dull-Whent Low
er-Corn a shade Bctter-GrOcerics Dull
aid Nenlinal-Pork N0minnl-Lnrd
Stcadier-Freight steadier-Petroleum
Lower-Naval Stores Dull-Whisl<ey
Irregular.
SATURDAY, Sept. 26-6 p. M.
SO far as the commercial status is concerned, the
past week brought about little Improvement The
commerce or tile country continues to be practi-
cally blocked, and this is thus Tar, the chefest
trouble traceable to the financial panic which was
inaugurated over week ago. Although the COM
merclal affairs OF the country were seldom or never
in more satisfactory condition than before the
panic, yet, because OF the widespread apprehension
and dlstrust engendered by it, the commercial stu
alton at the present writing is deplorable. Simply
declaring that confidence is substantially restored
and the trouble ended, it Is evident does not make
1t So and not until 1t has been proven safe to open
the exchanges and resume currency payments in any
amounts by the banking institutions OF The country will
the public apprehension be allayed: and until the
wheels of shall have become unlocked and
the export trade OF the country again notion
business be generally resumed the public be brought
to believe the trouble confidence restored. The
deadlock in the export trade Is probably the
serious OF all the troubles which have grown the
panic being widest in its influence, and Of the greatest
magnitudeand the business public realize that the
longer the deadlock continues the disastrous the
advocated looking to the relief of shipping
interest but nothing has thus been done which prom
ses any practical relief Receivers OF produce have
manifested unusual eagerness to afford all the
relief in their power, and have adopted
ures with this view which had never
before been entertained. But while money to any
siderable amount has not been available and while
exchange has been almost unsaleabe all individ
ual efforts TO lessen the troubles have been unavang
Hence the commercial situation at the OF the week
wasvery little favorable than its beginning 1t
has been asserted in some quarters that prices of
chandise have experienced material decline. The
truth would seem TO be that while commercial values
have In most cases experienced material shrnkage
not be ascertained, and the probability is that wnen
transactions do take place 1t will be found that prices
in very many cases essentially lower. The require
mens of foreign markets have not been met there
has been almost movement OF produce hence and the
deadlock in the export trade seemed nearly az
any preceding time since the panic was in
augnrated. On Saturday there was scarcely any
aIempt at business either on or of Change,
and the merchandise markets almost universally
Wheat was sought after 10 only very limited extent
and prices again declined, tire market being merely
nominal throughout Corn very scarce and, in
sequence trihe dearer. Oats we're in moderate
spot snd futures prices for which higher
Pork remained dull and nominal Lard quiet bur y
shade Petroleum in limited request lower
prices Naval stores remained dull and nominal in value
were steadier. Whiskey quiet and irregular
CoTroSihe market for spot cotton was irregular and
accurate quotations scarcely obtaInable.
vlsed quotations ubjoned are to extent nominal At
an &c. 7l6c per lb future deliveries
fairly active, closing steady at an improvement OF c.
nor @