In the early part of January, the stock of foreign being, as usual, small, and the trade not being inclined to purchase on the eve of a new crop, the attention of buyers was directed entirely to Louisiana, which, with moderate receipts, advanced to 37 cents, and shortly afterwards to 39, the stock being much reduced. The first arrival of new crop Clayed, Cuba occurred on the 7th January-an unusual early period-and sold at 25 cents, against first arrival in 1858, February 1, which brought 23; opening price in 1857, 55 cents. From this until the close of the month there continued an active demand for New-Orleans, and prices gradually appreciated three cents a gallon. Foreign, also, became in quick request, both for distilling and refining, at full prices. The first cargo new crop Muscovado arrived on the 29th, and sold at 23 cents, against first arrival in 1858, January 25, which brought 24, and in 1857, 55 cents.

February opened with but a moderate demand for New-Orleans, while the market for foreign was quite dull; the receipts of new crop were small, the high prices that prevailed at the places of production interfering with shipments hither. The first arrival of new crop Porto Rico reached here 7th, and sold at 35 cents, quality not prime, the opening price in 1858 being 33 cents, and 1857, 65 @ 70. The market remained

quite dull until the latter part of the month, when an improved demand set in, with some speculative inquiry for New-Orleans, and prices were in sellers' favor.

Speculators withdrew early in March, and the market resumed a quiet but steady appearance. Foreign moved rather freely, and holders were enabled to obtain an advance of one cent on opening prices.

A steady fair demand prevailed for the most part of April; the deliveries were about equal to the receipts; the stocks were kept within a moderate compass, and prices, though no higher, were well sustained.

During the first fortnight in May there continued a moderate inquiry from the trade, and prices were firm. About the 14th, advices were received from Europe of hostilities in Italy, which at once gave an impetus. to the market; distillers became free purchasers, and Clayed Cuba advanced 3 cents, and other foreign 1 @ 2. At this improvement, there was still an active business, but toward the close, the demand fell off, and a reaction in prices ensued; the advance noticed was lost, and the month ended with a dull feeling.

The depression noted at the close of May continued for the greater part of June; purchases were confined to small parcels for immediate use, and invoices forced on the market were only taken at receding rates. During the last week of the month, however, an improved feeling was visible, and the business was on a more liberal scale; but as holders met the views of buyers freely, no change in prices occurred.

At the commencement of July there was a fair demand for the low grades for distilling, with a moderate inquiry from the trade; but as the month advanced, this demand partially subsided, and the market became quite dull, though, with moderate stocks, prices were supported.

The

August throughout was a quiet month, the bulk of the business being transacted with distillers, the trade purchasing very sparingly, and speculators not being disposed to enter the market at the ruling rates. stock, however, was held with much firmness, the high cost abroad preventing any softening in prices.

In September there was more activity; grocery styles became scarce, for which grades there was a good demand, both for home use and shipment to Canada, and prices of these qualities advanced two cents. The market remained in this position until the close, when an improved demand for distilling also set in for the low grades, of which the bulk of the 'stock consisted, and prices of all kinds were firm.

Early in October the market assumed an active and buoyant appearance; all classes of buyers partook in the movement, and prices of distilling kinds advanced 2 @ 3 cents, and other grades 1 @ 2. About this time the appearance of buyers from Boston and Portland also assisted in imparting a very firm feeling to holders, and the advanced rates were well sustained. As the month progressed, there was less excitement, but a steady fair business was still transacted at full prices.

There continued a good demand during the first weeks of November, but the market being well supplied, prices remained unaltered. On the 13th, the first invoice of new crop Louisiana was laid down here by steamer, 49 bbls., and sold at 52 cents, with considerable transactions for future delivery at 50; against first arrival in 1858, 31st October, which brought 45. Opening price in 1857, 60 cents. Foreign continued in fair demand at steady prices, but toward the close, New-Orleans, with increased receipts, receded 1 @ 2 cents.

December opened with a fair demand from the trade, at the prices ruling at the close of the previous month. Distillers also became free purchasers, and the market assumed a firm appearance. Toward the middle of the month, New-Orleans, with more activity and reduced supply, advanced 1 @ 2 cents, but no change occurred in foreign. From this to the close, there was but little change; the receipts of Louisiana were less than usual, and the advanced prices were well sustained-the year ending with a firm feeling, and leaving the article in a good position. We annex the following table, showing the range of prices of the leading descriptions, at this port, the past four years:

THE RANGE OF PRICES AT NEW-YORK THE PAST FOUR YEARS.

ANNUAL REVIEW OF NAVAL STORES FOR 1859.

From the Shipping and Commercial List, and New-York Price Current.

RECEIPTS AT, AND EXPORTS FROM, NEW-YORK.

REVIEW OF THE MARKET FOR NAVAL STORES.

Turpentine. The year opened with a dull, quiet market, for Crude, a quotation of $3 75 per 280 lbs., ($1 higher than at the commencement of 1858;) a stock of 9,000 bbls., and a London quotation of 10s. per cwt. During the first week of January, a small lot changed hands at $3 621, independent of which, all the sales made during the month were within the range of $3 65 @ $3 75, the variation being chiefly in the urgency, or otherwise, of the wants of the buyer. At the last of the month, and

the first of February, with a London quotation of 10s. 6d., all here, with some to arrive, was taken by exporters at $3 75, and higher rates were demanded, which, however, were not immediately realized. Stock 4 @ 5,000 bbls. During February the receipts were moderate, and the market very strong, advancing, by the middle of the month, to $3 87 per 280 lbs., with a resale of 1,000 bbls. Wilmington at this rate, fluctuating a little thereafter, but closing firmly at $3 85 @ $3 87, with sales to arrive, and a stock on hand of 3,000 bbls.—latest London quotations, 10s. 9d. March opened briskly at a slight advance, $3 85 @ $3 90 being paid for parcels on the spot and to arrive; and some receivers shipping their goods at this time, the little left on the market was held at $4, which price, however, was not paid, except for a small lot New-Berne, about the middle of the month, at this price, delivered; equal to $3 95 in the usual way. All the transactions during March were made within the range of $3 87 @ $3 93, the lower rate at the middle, and the higher at the close, all the receipts being taken about as fast as received. Advices received early in the month from London, quoted that market firm at 11s., which price was maintained with little change throughout. At the commencement of April, small sales were made at $3 93, and during the first week at $3 90, the London quotation at hand being 10s. @ 11s. nominal; $3.95 was afterwards demanded and paid for a few lots to fill freight engagements, the stock on hand being light, but, towards the close, the market became dull, and though the stock was only 2,000 bbls., the evident tendency was to a lower range of prices, the latest London quotation being 10s. 6d. @ 11s. At the beginning of May a small sale was made at $3 85, but the price immediately declined to $3 75, and remained uniform throughout the month, with small sales only, the crop of the year having nearly all come forward, and the receipts being only of straggling lots-the new crop not being looked for, in any quantity, until July-the price in London, with very large arrivals early in May, declined from 10s. 6d. @ 11s. to 10s. at the close. June opened firm at $3 75, and advanced the second week to $3 80, continuing steady and firm to the close, with sales, chiefly to arrive, the receipts being small during the month, and all taken up by the current demand. Early in July small sales were made at $3 80 @ $3 83, but as the month progressed, with a good supply of the new crop at hand and to arrive, a material decline was submitted to, with free sales on the spot and to arrive, at $3 62 per 280 lbs., including a speculative purchase the second week of 10,500 bbls., viz., 4,000 bbls. deliverable in August, 4,000 in September, and 2,500 in October, all at the same price. A pause succeeded these movements, with occasional small transactions at the above rate, till near the close of the month, when, with little encouragement in the state of the London market, (now reduced to 9s. 6d.,) and a stock of 4,000 bbls., prices declined, with small sales at $3 50, though $3 624 was still asked. August opened with precisely the same state of things, and to effect sales, receivers were obliged, during the first week, to accept $3 50, at which price it was generally held to the close of the month, though a sale of 1,000 bbls. was made (about the 23d) to arrive, at $3 37 per 280 lbs.-London quotation, 9s. @ 9s. 3d. The month of September opened with a stock of 5,000 bbls., and free sales for export, chiefly at