High Prices

The New York Commt rcial publishes a statement, wbioh shows duit as to twenty leading artiolos of dometic prodoce, the prico.s estioiated iri gol'i are! uow higher ihan thoy were in 1857, R year of great uflaüou. It is probable, as regarda these avticles and most others of neoessity pr luxury, prices in 1865 are really higher thaa they have buen at any timo for the last fifty yenrs. Of the st.iplus ineiilioued.the following is a coinparative statement of the last five yeurs, aud of 1857: Quid valué. Total pfjces in 1857 $59 68 Total prices in 1860 45 37 Total prices in 1861 42 43 Total prices iu 1862 37 98 Total prices in 1863 37 83 Total prioes July 1, 1864 39 98 Total prices Octobor 10, 1865 67 25 We oannot doubt thut something of thia is owiug to gpouiilation, conibiniug with an eaormously distended ourrency, lliough the Commercial lays stress upoa the fuut that, though for a time the ao cuuiulüted stooks wero suffieient to compeusate for this gaininfj of consumors upou producers, it was olear that a time must come whea stocks would be comparatively exhaustecl and produution would drag behiüd consinuption. That paper also sees the Sngef of spooulatiou iu these prices, ana believes that largo amöüntri ol produce are held by speculator.j, in expeetatiou of rea.izinar higher prices, aud in the hope thai witliholdiug it from the rnarkot will eompel the udvucce desired. Cotton, breadstuffs, aud prQvisions are tlius stored up iu imiriensj quantitios. It is probable that the pames ia these spuculations must ultirniitoly lose. Üue extreme begets anothor; and thero must, some day, be a violent reaction from a conditiou of prices ranging 65 per cent. abova the avernge oí the last five yearu. for reliable quotatious. Fine foreign wools are in very ligbt stock, and offered pptiringly at previou rutes. Sales of dornestic for the week foot up some 575,000 fts, at about the previous range of 60a82 l-2o for fleece, and 65a85o for super and extra pulled. Includeil are lots of mixed Western fleceos, at 6üa63c; 25,000 lbs Wisconsin at 62a 65c ; 30,000 lbs New York at 60a67o ; 15,000 lbsVerniont and 35,000 lbs Miüh igfin at