Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1856-01-31
FROM CHARLESTON.

! sMp-no man ever le1t any community win 1alrel
name in every respect"
| ,.r.
| FROM CHARLESTON.
We are pleased to extend welcome to the letter
Of our Charleston correspondent, the absence c
whose lucubrations has taken no little from the in
terest of columns. We trust that the condition
of our markets will for the future justify his kind
attentions The letter which is subjoied bears date
on Monday lust:- ~.
| Messrs. Editors For more reasons than one !
have not had the pleasure of aordng to your read
ers report of business matters in Charleston for
| several weeks past presume, however, from what
have heard of the condition of your wagon roads,
that very little business has been done of late in
your town, and therefore my silence hast not been
much amiss.
Since my last there have been no very important
changes in the cotton market until within the last
few days. The accounts by the last steamers, the
9th and 18th instant, has put the market 10 quite
blue" state-cotton having declined about one-half
cent. The very best upland cotton will not bring
more than 81 to-day; and from that figure down to
8 cents for common low middling grades. The best
selections of York cotton worth from 81 cents
The foreign letters received this morning give q
gloomy account of the market in Liverpool Sellers
were forcing off fair upland cotton at ST to 3D. which
will bring the figures the same quality here down
to 3-allowing 2! cents for all expenses from the
time it IL brought here. The list Of charges on cot
ton shipped to Liverpool is aboutas long your Grn
First we pay for mending, bagging and twine, COM
pressing freight wharfage and insurance on this side
of the water and at the end of the journey, the
amount is increased by wharfage again, labor, bro
kerage, commissions, quarantine, weighing, dock
dues &c, &C.; all of which, including storage, a.
mounts to % cents, provided the cotton is sold du
ring the first week after landing.
All together the prospect is discouraging. The
present crop is estimated at considerably over $780,
900 bales. Already the excess of receipts over the
same period of last year is 1888 bales, and it
must increase for several MONTHS that by the st
of April it will not be less perhaps, than 100000
bales. This will keep up abroad the idea of enor
nous CROP lido not anticipate that the receipts will
be as heavy in July and August of the present year
as during the same months in last year; for should
the rivers remain in good boating order for the bal
ance Of the Winter and Spring, the Western country
will certainly be very bare of cotton by the last of
June. Last Summer, when temporary rise took
place in the rivers in July and August the cotton,
very large quantities of which were lying on the
banks, was carried down in immense quantities for
while This will not be the case next Summer; but
the receipts during the Winter and Spring and the
stock in the ports waiting for shipment will heavy
that there can be advantage in holding on to cot
ton until that period.
The prices which have ruled during last Fall and
Winter have been too good to allow of any expecta-
tions of on improvement upon them. With q light
money market and o prospect for continuance of
the war at least through another campaign, there is
no reasonable hope for improvement and very great
danger of further decline The probabilities of
peace have kept the price up here for month past:
but now, as all hopes are nearly blasted and You
may soon expect to hear of 81 cents for your best
York grades.
The grain market in Charleston has been very dull
and, of late, Wheat has declined 20 cents per bushel
Red wheat sells now at from 1,50 to S1.75; prime
white, about $1.90. Owing to light receipts, Flour
had slightly advanced lately-the best superfne in
barrels selling now at So, and fine at from So to
1926. The larger quantity Of the -four brought
from York and Charlotte is of the Inter quality. In
bags it tisworth S3.S74 for fine, and S4.97 for su-
=, nc
bag included. Peas, 90 cents per bushel, bag in
cluded.
The prospect in regard to the price Of -four will
altogether depend upon the quantity shipped from
the interior. If the receipts are heavy here, the
price will go down to correspond with the price at
other shipping ports. 1t cannot advance here more
than 25 cents per barrel; nasmuch as if the pres
ent price continues large quantities will be shipped
to this port from Baltimore and New York. The N
York brands are quoted at S8.l2; Ohio, Ss.25 and
now and make small profit.
Corn must remain at about 80 cents; as shippers
will not 20 beyond that figure. When the stock gets
low the city demand will cause an advance of few
cents Dut tnen the lortnWlt cease tranS-
actions, the stock increases and continues to in
crease until the price declines again to 80 cents
Then the foreign orders come in and take of the sur
plus.
The weather in the city has been unusually cold
for several weeks-cold enough for the Blue Ridge.
Saturday last, we had very heavy rain, which
turned to ice as fast as it fell covering the houses
and trees thickiy and aording sight for Char
lesion.
Since your last visit to our city, the "Planter's
Hotel" has been completed, and has been opened by
Mr.. ]. W. Gamble, who is well known in your Dis
trict. The House has been so much improved in ap-