The New York herald., 1877-02-03
COMMERCIAL REPORT.

COTTON SPOT 3-16c. LOWER; FUTURES CLOSED
STEADY FLOUR DULL-wHEAr MORE ACTIVE
CORN STEADY OATS --wHIsKEY LOWER
PORK DULL AND LOwER--LARD LOwLR-
PETROLEUM NoMINAL--spIRI1s TuRpENTINE
EAsY-ROsIN LOwER-OILs FInM- CoFFEE
QUIEr-sUcAR QUIET-FRFIGHTs DULL.
FRIDAY, Feb. 30 p. NJ.
Nothing Of Importance has transprcd during the
past week calling for especial mention save the
further recession OF the gold premium, which brings
specie payments forward question Of particular in
tcrcst. Tho step to resumption has now, by the
natural OF events been made short and easy
that the hope Ia universally entertained that 1t may
be taken soon. Tho disturbance to values would
scarcely be perceptibc, the gold premium having iaen
SO low, besides which resumption has in many do
partmcnts Of trade been discounted, that values
would be affected ut all. any apprecnbe de-
gree The desire back TO hardpan all but universal
among business the unavoidable
arising from resumption would be cheeruly borne. 1t is
hoped that the forthcoming Message Of the President TO
Congress this subject contain some practical
gesons which be acted at No better time
opportunity will offer than the In
Decd would that the oft quoted saying that the
way resumption Is to has especial apt
just ut this particular time. when gold and
paper S together. Business has not become
active yet although departments there has been
rather doing But the opinion that season OF
How we'll founded that belief Is time only tell. But
the elements of activity abound every hand
be denied Money plenty and cheap the currency has
appreciated nearly to par. thus rendering radical
anges in commercial values unlikely in the
Of extraordinary demand The
called balance Of trade remains tho right
side Of the ledger Stocks in excessive while
the long continued period Of inactivity supplies
throughout the country retailers and consumers
must reduced the lowest ebb. Hence everything
of husn
the uncertainty concerning tho Presidential
ton confidently expected to be the signal for general
revival of business in a the commercial CEN
The revival OF business has only been
postponed by the squsbbls among the politi-
cal demagogues happily near Its end. The move
in brcadsu u, which increased along back by the
probabilities OF war In Europe has decreased as the
m"ssrslIy 1se"ed Taxing into ".eount the decline in
showed decline the highest touched Of about
10 bushs and still there has been export do:
wheat in this marke. during ths week about =.
consider below the purchasing price. The
market closed rmer Provisions have sold TO moderate
speculative without radical changes In prices except Tor
&C. sold moderately but the remain hrm ia
anticipation Of greater activity iur.lcr when trans.
shall have +, opened roasy FRIDAY ~, business
sess wes generally steady On ssaso the chief feature
,sastiou In wnss. for which there was some speeu
dull Corn was steady but quiet. Oa's wers dun and
Pork was anll lover and nominal Lard lower.
Frei shts dull Cotton the spot ll6c lower;
futures closed steady. Coffee and quiet Oils
were hrm; petroleum nominal. kosin WAS lower Spirits
turpenttnc
AsnEs remained quiet. with job lots selling sc FOR
pots and 61ec. mG1ac Tor pearls.
ASrIMONY dull aud irregular ut 1876 lie for Regu
us. 49, 49,
Southern: 20OUU lbs. sold at those prices.
BROOM Corn quoted nominal Mt 3iac Ic. for red
tipped for medium tic &c. for choice
CoFfEErhe market for Rio quiet and hear only
Mild coffee was quiet. We quote :-Ordnary cargoes,
l7i,c l7stc.; far do 1870. lYs4c. 2Uc
.O'ac. prime do. 214c. 2lc extreme for lots
l7lac ~ .c Santos fair to good. 1yiac 2uc gold, 30
23c. z4c. singapore. l9s. gle: CcyIon. Yc .ic
Mn.actibo 1875. .Oc :Laguayra 1876 2Oc Jamaica,
lie. u IYc. ST Domingo 6c lGsc Porto Rico isc.
.Oc Costa Ricn, lsc 2lc xcan. 1870. zoe Ma.
u 2Uc.: Curac0a. lsc u l9c. -
CoopERAGE sTocK--Market was quiet. We quote Mo-
sses shocks, 32inch with heads VI % s2 lO sngar
shocks with ads, 3inch - 30 ~ 81 80 do. do, 36-
inch, 81 % x2 box shocks. 75c. sec. do, 81;
pipe do So So so; empty hogsleads S4 5 hoops. IA
ordinary to prime $s5 S37 hoops IL feet do. $50
$i3 per NJ. 80 .
Uargc and small size). per ib, l2Ac u l5c do, cor
dage bolt rope yarns, Tie i7c. tarrcd Manila. 4c
Sisa rope. IUc allie; New Zealand ac. l2iac Rus
sa hemp tarred l4c.; American do. i4c Russia bolt
Cor1oS on spot quiot and Lice lower Futures
opened decline OF l-l6c, and subsequently lost xc
more prices recovered about Lice The market ruled
to Later In the prices advanced about lldc mo,o
the market closed steady with loss tor the day of
I;,2c I.I6c The closing prices to-day compare with
Thursdays as foows:-
February Il 1916 4 IL 27-32 February f.si n ~ 81
March. nlJ 1-32 March,. IL 10 10 ~ 81 ~