The New York herald., 1877-03-03
COMMERCIAL REPORT.

COTTON /: SPOT EASIER FUTURES CLOSED FIRM-
FLOUR DULL-wHEAT DULL-CoRN STEADY
OATS QUIEr-wHIsKEY EAsIER-PoRK DULL
LARD UNCHANGED--pETRoLEUM QUIET-splR-
ITS OF TURPENTINE FIRMER--KosIN MORE
AcTIvE-oILs FIRM-corFEE AND SUGAR
STEADY FREIGHTs STEADY
FRIDAY, March 2-6 p N.
The mercantile public and the merchandise markets
have been awaiting tho verdict OF the Congressional
committee charged with tho responsibility OF making
tho next President during tho past wcek during
many predecessors, and but little business has
been done The verdict received too late day
In the week to exert much influence, and coming In
the midst OF a rain storm all the country,
It's influence has not as yet been pcrccptbc in CONNER
cial circles. But with tho verdict crowned by the
inauguration Of tho new President creator
activity may reasonably bc expected next
week. But what Is needed now more than
anything else is manifest disposition the part Con-
bring the finances OF the country back sound
basis through the funding of tho gecnbacks In
gold bearing bonds. The recession OF the gold premium
low ngure 1t has reached has rendered
sumption of specie payments easy OF slmcnt
that it is considered marvellous that stop been
taken In this direction BY both houses Of Con Tho
of the President In his lac Message
subject certainly worthy of but
the great squa3bo OF the politicians tho Presidential
question overshadowed everything else that decisive
action has been taken, and. of course, none
be ut this late stage. ana the
try must still suffer on. drifting whlthersoever
the tide may carry It, Meantime business has been
comparatively the low prices of nearly ali the
leading commodities OF export having failed In stimnan ng
any demand Of moment The In brcadstus has
been dscouragngly slow. and the decline IN prices
bned with the comparatively low rates OF freight has
failed to induce any export demand Of moment IN the
OF the peaceful OF from the antagonsc
sources OF Continental Europe Most OF the principal
hul he fu uture
of wheat, but in the absence Of any demand
of moment prices have materially declined. never
theless, and It is noteworthy that none manifest
their confidence by extensive purchases. In u few
sales have been pretty extensive
but those have been confined almost exclusively to such
tces % as have @ nse selected for speculative
the qniet OF the previous days intensified by the rain
Change ioSS ~"s sill. duh and hoavy whs"t ~as .s dub
loads but nothing OF eoa'eaaenee was done Corn was
steady with modera.e inquiry Oats were quiet Whskey
enange Freight" we're GENERALLY steady Cotton on tho
We're steady. Oils hrm Petroleum quiet Resin more
active and spirits ,nr,entine n, lrmer ,,,
Ass"Ss wns S"s' a. r n Il @ s, r'sua M for and
southern 1000 lbs. southern sold at 3le
broom GomS WAS anis a. sfs ac for red tipped &C.
ns marie, r. 'nj S was q"st o.. steady s
for low iar Mild coffee was quiet We quote :"ordinary
s"ssoes !7c lIse 4 i.5 5, ao l9c l.ac good d."
lots i7sr ne santos ar good Iac la9ic soId
days; JHvh DHSs sc -oc 40 grass MATS,
u lic. singapore. lYc 2Ic. Ceylon. 10c Gle
Maracaipo ls.c. zoe. Lmguayra. lslac zoe: jamaica
Isc. n IYc Domingo, 1G1sc 17c Porto Rico, Isc. q
aoise; Costa niea. ise. ale Mexican. ise a s1e
Manila lsc, l0.sc: Angostura, l0c 2oc savania,
lStsc 2Oc Curacoa. 1sc. "a lvc.
toorIRA 4 STOCK was quiet We quote = Moasses
shocks, 32nch. with heads. 81 10 n 4. TO- sugar
shooks with heads. 9nch. s. 80 81 G.,; do do,
inch, 81 81 and - box shooks. 7ac. soc do -:
pipa do So So 10; empty hog shcads s. 81: hoops
feet. ordinary to prime $50 s37; hoops ~ feet. do $50
n sj3 VI.
small sire. per ID. 2j4c. i5c; do cordagc bolt rope
yarns l6c. lie turrrd Manila, lie Ssal rope IOc
ic. New Zealand iIhc l2,sc. Russia hemp, Jared.
itc American 40, i4c. Russia bot rope. lie.
the spot quiet aud sasy, but qnotably
lower Futures opened little easier and shortly bcfrc
tho second cal prices had declined about Sc The
remained weak nuti before the close when there
was u frmer feeling. and he market closed firm The
closing prices to-day compare with Thursdays follows
u,,,.l I-.L Mnr