The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-27
COMMERCIAL REPORT.

Cotton Quiet for ssSpOt," Active for ttFu.
turc"-Flour Quiet-Nheat Firm-Corn
Firmer-Oats Steady-Pork and Lard
Shade Easier-Grocerics Firm-Freights
Firmer-Petrolcum steadier-Spirits
Turpentine Lower-Rosin DulI-Whis-
key Firm.
SATURDAY, April 25-6P M
The merchandise markets were last week de-
moraized by the wholly nnlooKed-for action OF the
President In vetOing the Imitation bill. This action
caused a marked decline in the gold premium aud
unsettled the values Of almost all descriptions OF
merchandise, which had become inflated Dy the
confident expectation that the President would
sign the Dill which he vetoed. The mercantile
public in common with everybody else was so
agreeaby surprised at the action OF the President,
which was in direct opposition to all his utter
anccs on the subject since the bill passed IN Con-
grcss, that there was no disposition to cast re-
proach upon the Executive for any shortcomings
In connection with the bill, the bare fact
of a veto OF that most pernici0us measure so COM
pletely eclipsing every other consideration con-
nected with it that 1t was the subject Of uni
versal congratuIation. The check to speculation
the superstition OF inflated currency sudden as
nexpccted, and bid fair to prove eectnai The turn
short and felt throughout the ramfcatons of
trade Business subsequent to the veto moderate In
most departments, but fair and Legitimate trade
experienced any change felt the influence of the
marked decline in gold which the first result of the
changed of financial and commercial affairs In
the breadstnns markets the approach of canal
navigation has exertcd o far greater influence
than even the decline in gold. There was but mod
movement In breadstus last week, owing to the
pauciiy Of supplies, and prices very much lower
There active export movement in corn however
ana the were heavy, the market being some
what Irregular but generally lower. There was con-
future delivery, at iuli prices mp to the an
nounccmet Of the veto Of the imitation blu after which
Important The trade i'll dry goods hardware &c.
dragged what and business aggregated small. on
saturday the market; mere generally quiet on
quiet, but 1rm, the market closing strong and tend
ing upward Corn was shade frIner and in
iair request. Oats were nrm at the recent improve
mcn Pork and lard less active and a shade easier
Groceries firm but quiet with the exception 0 SUI
gat, which met with fair trade. Cotton dun for
lots on The spot but active for 'uturen ut advance
alr demand and steadicr Spirits turpeniine was
moierateiy active at further decline Rosin As dull
aud barely steady. Whiskey was in fair demand and
drni
CorfFx--No business from first hands was reported
to-day and the iobbings trade was unimportant.
Prices were quoted steady, AS follows :-Rio--Ord
Hooa do sss lie prime Do asc aa.e ' extreme enc
credit; Java, government bags &c. &c do, grass
%s G e ill., csyS j in o Sara gal '
niiigo lie. he. Porto Rico, an 22isc Costa Rca
2oc 22,ac. Mexican zvc. pie savaiiila oc &c
Nuracoa i9c. u &c. gold per To-, ~ and ~ DAYS.
C0TroSThe demand spot cotton has been very
light The appended quotations. which may be regarded
nominal, show an advance OF &c per To- For future
delivery tho market was active at &c per H. higher