The New York herald., 1876-11-13

Mint value
YoRKI0y cohnERcE
The foreign commerce OF the port for tho week was
A. follows-General merchandise imports including
DRY goods. So. 76s s7s; produce exports, S. 6s $40
The total imports OF merchandise at the port since
January l. this year, were $27s, o3l, ,006, against
$2sa o4s for tho corresponding period 1875 and
$34 544 in 1874 tho total exports Of produce
$22s, lS7,l4s against s2l7. ,227 in 1875. and
$3.50 o2 S3s is 1874 she total exports OF specie
were $4l,45716l, against $65647, 961 in 1876. and
45,siS, ,9o2 in 1874
GovRRSxxSr
In measure these sympathixed with the price o.
gold and yet not to that extent which predicted
by some OF those who affected to believe that the cleo
tion would mako material difference in their quota
BILE value. The national credit is just well assured
now a. IL ever has been, and, indeed Is only ques
ton OF time when under tho inspiring influences Of .
new ADMINISTRATION these government securities will
be chief In demand At homo and abroad At prices
oven higher than those which now rule
SOUTHERN STATE BONDS
In moderate request and already begin to FORE
shadow the confidence that will be engendered by
honest administration or the respective Southern gov
ernmonss Already We hear OF renewed inquiry for
South Carolina bonds higher figures than have pre-
vailed and expression OF belief by bankers that
they will soon bo favorito subjects OF investment
Tennessee bonds were strong, Mssouris shade
lower, and virginas and North Carolinas Arm
RAILWAY xoRrGAGEs,
while not actually traded In, were Arm, the business
done representing purchases for Investment. The
most experienced railroad officials give Il az their
opinion that in the history OF railroads in this
country has thore been large tonnage OF fregnts
to move or Of such varied character. The South has
it, cotton and tobacco to ship, the Southwest It's
I'm Enrt thvwaa tta md
directions merchandise. Coal and farm products
being moved in immense quantities. 1t is but natural
that under these encouraging conditions faith in tho
future Of nrst class railway bonds should begin to find
expression and prices materially improve.
MEMORANDA
Tho Chicago and Northwestern, Milwaukee and St
Paul and est Wisconsin railroads have advanced the
OF freight -four and wheat between St Paul and
tho lake ports nfy per barrel for -four and
nfteen cents per bushel for wheat
Tho anthracite coal trade, probably by Of the
milder weather for the past week two is less active
than il was q fortnight ago. Tho orders for coal are
lighter and the demand for prompt delivery less urgent
except for some special sizes Tho prices remain
changed as established tho month. Those
OF the Reading Coal and Iron Company. announced
for the month Of November, nearly tho
those for the preceding month.
The public sales OF coal In this city said to be
working their usual disadvantage-namely. that Of un
settling the prices OF coalior, however earnest and
persistent the parties controlling those sales may be
that thcy fairly and honestly conducted, the i'm
preston is abroad that they not but manipu-
the interests Of certain favored pares hence
all attempts hold to circular prices Intellectual
Of results and here and there all through the trade
there a less Of underseling and very general
dissatisfaction Ono thing the trade Ii agreed upon
by all parties and that IL that coal cannot be put
the market At present prioeA
An English paper, discussing the present situation
among the rail manufacturers, says
The fact must not be overlooked that rails have
sensiby cheaper during she last three years. aud
their greater chsapnsss has or course tendency 10
increase their eonsnWwson. This comparative cheap
ness TO- fact the gr~-~ rusure hope or iron trade;
It time tell upor existing sasnation that
branch Of the national industry, and II must either
very materially mitigate u or altogether remove II.
The temporary decline In their traffic receipts has ev
dcntly yet discouraged the leading companies: on
the contrary they are prosecuting renewals and i'm
provement and even developing extensions, with
vigor Al the same time we fancy that t IL colonial
railways which must prove our best customers for
rails and materials for some years to come The
mother country Is fairly riddled with railways and
every and district OF any importance value
not only supplied but overdone with railway
communication More sidngs. more third lines, moro
renewals may absorb year by year a certain quantity
Of railway in Great Britain itself, but Il is the
colonies which are, after all, tho future field for the
labors Of tho railway engineer"