From this time the market remained quiet and without any change in prices till the beginning of September, when, the accounts of the French vintage being unfavorable, it became more active, and there was a most lively demand, particularly for Brandies of 1858, which had become the favorite vintage on account of its fine quality. Nearly all the stock of this vintage (imported in 1859) was disposed of.

The unfavorable reports of the crops in France being continued, a fair activity ruled until the middle of November, since when the demand has been moderate till the end of the year.

From the prices named it will be seen that, though at some periods of the year large parcels have been changing hands, prices have appreciated but little, the quantity going into consumption always being small.

The current prices of the favorite brands of Cognac on the 1st of January, in the years named, are as follows:

Gin has been without any remarkable change, and prices were generally corresponding to the quotations from Holland.

1st of January, in the years named, as follows:

They were, on the

The importation of Gin has been increasing from year to year, as will be seen from the table p. 128.

Rum. The importation, although it did not reach that of 1859, exceeded those of former years.

Prices have been without change, from 90 cents to $1 25 for Jamaica, and 65 cents to 75 cents for St. Croix. The superior qualities of Jamaica

Rum, which are received in smaller quantities from England, were held at $1 75 to $2 50.

Whiskey. The importation was again in excess of former years, as may be seen by reference to the table appended. The demand was fair.

Scotch from 85 cents to $1 30, and Irish $1 to $1 20.

French Wines were not in so good a demand as last year; prices in France were higher on account of the inferior crops of 1859 and 1860. The common qualities have to be quoted now

Marseilles claret,.....

The following shows the average prices of the lower qualitics of French wines on the 1st of January of the years named:

40 @

50

2 50 @

3 00

2 25 @
200 @

275 2 25

From Bordeaux,

66 La Rochelle,

IMPORTATION OF WINES FROM FRANCE.

.........

Hhds. Bils. Cases. Hhds. Bols. Cases. Hhds. Bbls. Cases. 7,080 555 130,229 10,476

20

1,632 108 8,607

115,482 4,028 594 49,248

120 844 Marseilles and Cette,... 12,055 7,226 1,203 10,949 Total,....

100 24 510 1,812 1,720 529 19,105 7,781 131,552 21,769 10,967 116,122 5,585 2,314 49,801

The importation of Champagne has exceeded again that of last year, and reached the high figure of 214,559 baskets, thus exceeding the quantity of all other wines imported in glass by 63,229 dozen bottles. Of leading brands have been imported by the different agents, 101,132 baskets.

German Wines have continued to be a favorite article, and there is hardly any kind of wines imported that met with so ready sale as Hock and Moselle wines. The following shows the extraordinary increase of importations within the last four years:

IMPORTS IN 1860.-PORT OF NEW-YORK:

IMPORTS OF SHERRY, SICILY, RED, WHITE, CHAMPAGNE AND CLARET WINES INTO THE SEVERAL PORTS OF THE UNITED STATES DURING THE FISCAL YEAR ENDING JUNE 30, 1860.

POETS.

Sherry. Sicily.

Red.

White.

Champagne. Claret.

New-York,.....$ 347,657 $ 20,928 $357,726 $391,328

$1,024,822 $183,535

Total U. S.,.. $ 431,287 $ 36,395 $ 486,999 $462,415 $1,345,925 $420,475

REVIEW OF THE HEMP MARKET FOR 1860.

From WOOD & NICHOLS' Market Report.

Manilla Hemp.-THE history of this article for the last three years is characterized by a gradual decline in price, which, excepting slight and temporary interruptions, has continued through the past year. The decline was arrested in the spring at 6c., by a speculative feeling, based upon an advance in rates of freight at Manilla, and price was carried to 61c. This advance was soon lost, and market remained pretty firm at 6c., until late in the summer, when increased demand for consumption stimulated holders, and appreciation followed. The market afterwards. again receded, and has been steadily drooping until now. The cause for this decline is sufficiently explained by the constant addition of large cargoes to an overstocked market; and, in many instances, the pressure of a heavy surplus has crowded the price below cost of importation. The gathering of this article in the provinces of Manilla was greatly stimulated by a demand for return freight from a rapidly increasing tonnage, consequent upon the development of the California trade. As supply was thus augmented, depreciation succeeded; and, in order to realize as much as when hemp commanded better prices, the decline has been followed by increased supply. This process has been going on until confidence has been weakened; and, as the production is inexhaustible, requiring no cultivation, the inquiry is suggested as to when it would touch bottom. It is thought that the limit is nearly reached, and that the effect of the present state of the market will bring the price to a point which will effectually stop the supply. Arrivals at Manilla to October 6th, 191,237 bales, against 181,326 do., same time in 1859.

Our statement exhibits a large increase upon the consumption of last year. This increase has been steadily growing, although for several years the shipping interest has been depressed, and the demand for its uses, which, in prosperous times, amounts to nearly one-third of the consumption, has been small. The low price of the material has undoubtedly contributed to the result. Early in the autumn a great impetus was given to trade by the sudden appreciation of a large crop of cereals; and manufacturers found plenty of employment with the greatly increased orders, resulting from the favorable turn of fortune at the West. An extraordinary prosperous career was suddenly checked, and the country agitated by a political excitement, that has entered, with its paralyzing influence, into every department of trade and industry. Demand has subsided and values become nominal. The last sale of hemp was made at a trifling concession from 54c. Buyers offer 5c.

Stock in the country on the 1st January, 1857, 82,140 bales; same time in 1858, 69,683 bales; in 1859, 81,396 bales; in 1860, 84,594 bales; in 1861, 86,815 bales.

Stock in the country and afloat, January 1, 1858, 74,852 bales; 1859, 109,009; 1860, 113,513; 1861, 120,922 bales.