The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1865-12-16
DAILY N NTWS.
rsaSc nt Now Orleans.
From the Ne,o Orleans Times, Dec. IL

From the Nep Orleans Times, Dec. IL
The first quarter of the financial and CONNER
cinl year 1865 and 1866 closes this evening. In
some respects business has been attended with
great regularity, so far as ta great product cot;
ton, has been concerned. 1t will bo i%nloinDcrcd
for several weeks cotton ruled steady at from, lQc
to die, then advancing To 5Oc. and SIC, that
the f!""tnations have not been large, though at
ono time there wcro several haSty purchases &a
from 56c TO 5Sc and Coo: which wo regret to
loarn proved anything but ro.ilncrativo to ship
pcrs, while in other respects there have been some
highly advantageous results. For the past three
months there has been . largo and active business
ern Texas there has been remarkably heavy bust
ness. Cargocs have followed cargoes Of produce
and merchandise for Galveston. Business with
Eastern Texas, tho northeast part of the State
ria Red River, has been materially interrupted by
the low stage of water in Red River. There is uit-
doubtodly something encouraging in store from
that section, whilo with mississippi, through
Natchcz, Grand Gulf, and Vicksburg, there has
beon steady flow of business.
Nor can tho improvement and increase With the
country bordering tho Jackson Railroad bo
overlooked Us forming a component part OF tho
goporal recuperation OF business. With Memphis
there is nothing in the way Of all increase compar-
I'd with former times to remark on. There have
boon few hundred balcs OF cotton received from
that section which i'll former times was represent
cd by tens 7f thonsand bales of the staple The
sales Of cotton for the thrco months now closing
amount to about forty-thrce millions OF dollars.
Tho receipts OF sugar have been reduced that
VIC have not at any time for tho past thrco months
had anything more than shadow of sugar and
molassos market. Tho importations OF foreign
merchandise have been steadily enhancing during
tho quarter, and under tho depleted supplies and
general stocks throughout the Lower Mississippi
Valley, Alabama and Texas sales have been libcr-
factory to importers. Taking NIL things into view,
the quarter terminates satisfactory and reTu-
norativc as could DO expected. We enter the Sc
rond quarter under considerable feeling iii tho
general political aspect OF the country, which may
in somo dugrGc havo great inhucnco Oh CONNER
ciai and agricultural, financial and social inter-
otfu tl,D ally hnl
bost
Tho exchange market to-day offered nothing for
either general or special remark. Tho bank cDun-
tor rates for checks on Now York opened vt three
ciShths to nne-half discount. Under light offer
inSs OF commercial hills rates advanced oneciShth
during the day. There WAS little nothing done
Mt two of tho leading counters i'll tho way of buy
ing. The most important transactions were sales
of c30O0 at 1885,; ROUND amount Of Mobile bill
fadiDg drafts, st Ring, at 15S Eli 900 city draf
at 1881 to 1881; ,mn smaller sums ut 157. to 1881
and 1881 asay Elt00, c20G0 and C3OD0. Forty thou
sand ~ francs ut 3.574 IAN ADVANCE; fifty Thousand
at 1852. There very little tono in New York
funds. Some sight was taken at onc-half discount,
and ono days sight Mt fivc-cShtls discount. The
counter rates for discount advanced an eighth tlu-
riin, tho day, though at q leading counter there
was no deviation during the day.
CorroN.--The market opened this morning with
feeling reassurcd by tho favorable reaction Mt
Liver pool being confirmed in the morning papers,
and the Now York accounts being loss tliscouraS
ing, unwilling to moot tho demand unless ut
rather sitter ratrs. Later ia tho day, however,
tho movement was resumed. at regular prices,
showing OIL tho whole little or no change, and tho
reported sales comprised 1850 bales, mostly III
accordance with tho following quotations Good
Ordinary, 45c: u 47c; Low Middling, 4So.; Mid
ding SOC, and Strict hiddling 62c, Wo say ''thc
reported salcs," for tho above includes $50 bales
taken by one buyer yesterday, more than he re-
turned ut the time, which really swels Yesterdays
business to nearly 2100 bales, and reduces to-lays
to about 1000. The demand WAS mostly for foreign
export and received somo stimulus from the att
yanco in foreign exchange: On tho other hand,
that private telcsrams had boon received from
New York quoting MiddGng dull ut Sic. &c.
sgATRMRNr COTTON.
Stick on hand 1st september, 1862 bales So $50
Received TO- 'ay Observation-Disclosures. 2,29l
Received previously 9s0,3qi
no,rod Total; Ia ,., 3ol,o4
oearsd earsd previously an1S
-2ea ,oa5
Stock hand and shpboard not cleared. .l29soo
SUGAR AND Mo1AssEs.-Tho receipts since ycs-
tcrday comprise lis hhds sugar, 557 bbls. and 253
halfbbs. lnolasses. Tho half barrels are for ship-
nient North; the balance nf tho receipts were all
for this rkct and havo boon aold to apeculators
at full prices. Tho salos comprise 135 hllds.
sugar, in seven lois. at 15Sc. for common, 6lc for
choico, 17ac. Q1lSc. FOR yellow clarified, and 1Slc
g Ii. for light yellow clariio' and $50 bbls mo-
nsse1s IN %n9 ts iS @ at sqsn for
sl.l5 for ch5icc. There arc supplies remaining
in first hands. Spectators and dealers who hold
tho stock arc mocting tho jobbing demands at the
usual advance On first hand prices.
ToDACoo.-Thcre is n fair inquiry for export.
Negotiations wore pending for o considerable lot
when wo were i'll tho market, and tho inspectors
were drawing samples. There we're sales TO the
city manufacturers OF 19 Ehls. fair to ooh ut &c.,
and fine at 25e. Frocr and moro liberal receipts
arc heinS looked for from tho Vest
WESTERN PRODUCE AND pROvISIOSS.---W have no
Improvement to notice i'll the condition of tho mar
kct since yesterday Corn and oats are very scarce
and Ill request while most other articles are IN
good supply and extremely dull at dropping prices
FREIdnTs.-There IL loss disonSaged tonnoge on
tho borth, and better rates arc being obtained
Tho rates arc &C. por pound for cotton and 81 per
Dbl. for flour BY steamers for New York and Bos-
ton, 1c per pound for cotton and 80c. per bbl for
-four by sailing vessels. Foreign freights arc M
changed Ihoy nre cd. for cotton for Liverpool by
sailing vessel ls, and to. for Havre. Tho steamer
on on the borth fot Liverpool is taking cotton at Id.
0ad. pcr pound.
A correspondent from Florence makes brief
mention of tho American sculptor, Powers, and
tho works he has now in hand:
And thon, again to turn to tho producer himself
and his famous studio in tho Via do seraeli
What o pleasant sight it is to enter thero and
breathe, as it were, an American atmosphere,
whore one secs around the reproduction of all that
is best and greatest among her SONG. Thore they
stand in goud rows OH tho sculptor's shelves, from
Washington to the last great martyr to tho causo
OF patriotism and enlightcnmcnt-Jeffcrso jack
son, HImilton, L.nc0ln--far too numerous to rcca-
Pitulate-al telling their own tale, all bearing cvi-