COMMERCIAL.
{"newspaper_name": "New-York daily tribune.", "edition": "01", "page": "p2", "byline": ""}
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The abolition of the duty on Cotton is an impoy-
ant event in the history of the trade, and that II, Is
SO regarded is evidenced the present prlce CT the
staple not less than IN the exertions which The ma
nufacturers made TO obtain the long ooked-ior re-
mission from the powers above. Pnces, IN consa-
ouence which are now quoted without duty, place
Cotton before the buyer al the lowest prce OF last
year In consequence oi thus circumstance: COM
bined with the fact that the new crop promises 20
be exceedingly abuudinl-much more so than had
been looked tor-ihe market Is rather depressed,
and ii will probably maintain It's present appearance
until some decisive move be made, arising out OF
the produce OF the new crop, or the state ol the
home matket-both events which time only can
develop Speculation Is nearly extinct during the
week 2S00 bags American have been taken by spe-
culators, and 3j0tor export.


The Corn trade is dull, and seems likely 10 con.
tnue so. During the last day or two the equnocual
gales had commenced blowing iurousiy from the
west, and toerable supply OF grain, coastwlse and
from Ireland as well as from abroad, has been the
result The trade Is in a languld State, parties buy
ing only for their immediate wants Some pur-
chases for retail have been effected al price
shade below our quotations, but they had little,
any, effect on the general market. The attendance
OF mlllers and buyers at the Corn Exchange was
wretched and Wheat sustained a decline OF
Id per 70lbs Sack Flour was trihe cheaper
The Sugar market continues bnsk. 3. p. sells
AT steady prices, and Bengal and Mauniius have
been inquired ior-he former al S2s. 10 3js. for





yellow to fine white, ANA 54s for yellow Mauriuus.
For foreign there has been more inquiry, both for
refining and export the sales amount TO 26o cases
and 800 bags and barrels OF Pernurnbuce, al l9s.
psr cwt The better descriptions of Coffee are
dearer-inierlor kinds lower, The demand for
Rum is principally limited 10 the better descriptions.
In Dyewoods, the principal business has been con-
fined TO Logwoods. The Hemp market is improv-
ing Talow, they say, Is flat, and Petersbureh
yellow candle is selling al 40S


Durng the last fortnight the demand Tor Amer-
can Beef and Pork has been tclrrahly productive
but ,h- supply has been mainly for SHIPS, stores
and tor expectation Lard, in barrels and kegs,
move off slowly. albeit the price ot the article has
induced a remuneraung proilt.


There has been some l,tilc dong IN American
Securities but the state OF doubt when silll hangs
over them will remain until the fate Of the August
dividends of the Pennsylvania bonds Is known. II
the other defaul,ius States at The present critical
moment were 10 make an effort 10 restore their
credit, 'sby-goues'' would be forgotten, and the
honor of the country would receive new endorse
ment In Pennsylvania stock, some purchases
have been made at 6sa 10 40. and the pnce wi!
continue to improve, Ii II Is found ,hat the divld-
ends are regularly paid.