The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1865-12-16
DAILY NEWS.
SATURDAY MORNING. DECEMBER l6, 1865.
Trade ut New Orleans.
Fro,,, he Mem Orleans Times, Dec. IL

From The Ne,p Orleans Times, Dec IL
The first quarter OF the financial and CONNER
cial year 1865 and 1866 closes this evening. N
some respects business has been attended w.lh
great regularity so fur rs the great Proauci, o"I,
ion has tccn concerned. 1T VIII nc feic!;l'ed, in :"
for several weeks cotton ilied STEADY ut from 4oc
to 44c., then advancing to SOC. and sc; 50 'hat
the fluctuations have not been large, though at
one time there were several nasty purchases @e
from 56c to 58c. and &C.,, which we regret 10
learn proved anything but remuneratiro to snip
pcrs, while in other respects there have peon sonie
highly advantageous results. For INC PasC .iiicc &C
months there has been large and active business
with Mobile and South Alabama, ana %ien ofm. h,'si
ern Texas there has been remarkably heavy pusi-
ness. Carcoes have followed careoes OF proou!ce
and merchandise for Galveston. Business Win
Eastern Texas, or tho northeast part OF tne o1aIe
via Red River, has been materially interrupted by
tho low stage of water in Red River. There is ul-
doubtedly something encouraging IN store from
That section while with Mississippi, through
Natchcz. Grand Gulf, and Vicksburg, there has
been steady flow Of business. go,
Nor can the improvement and increase with the
country bordering on the Jackson Railroad be
overlooked as forming component part OF the
general regeneration of business. with Memphis
there is nothing in the way OF an increase compar
cd with former times to remark on. ihcre nave
been few hundred bales Of cotton received from
that section which in former times was represent
ed by tens Of thousand bales OF the staple Inc
sales of cotton for the three months now closing
amount to about forty-.hree millions OF dollars
Tho receipts Of sugar have becn go rcduccd tilat
we have not at any time for the past three morths
had ANYTHING more than shadow OF sugar ahd
molasscs market. Tho importations OF foreign
merchandise have been steadily enhancing during
fhe quarter. and under tho depleted supplies and
General stocks throughout the Lower Mississippi
Valley Alabama and Texas, sales have been iipcr-
nj. and general returns and results H'ghly satls-
factory to importers. Taking all things into vlcw'
tho quarter terminates as satisfactory ana Tcml-
=. I. tn1 n
cond quarter under considerable feeling IN the
general political aspect Of the country, which may
in somo degree have great influence on CONNER
cia and agricultural, financial anu SOCIAL inter
osts AS tho season advances. VIC hopo ioT liic
best. a., =
Tho exchange market to-day offered nothing for
either general or special remark. The bank coun-
ter rates for checks on New York opened at three
eighths to one-hslf discount Under light oiicr-
inGs Of commercial bills rates advanced onc-clShth
during the day. There was little OF hrthihS zone
at two Of the leading counters Ill tho way OF Duy-
ing. The most important TRANSACTIONS wcro sales
OF f30O0 at 1888; round amount OF Mobllo nili-
ladng drafts, st Ring, ut l58; fl4 UOo city dra
1855 to 1854; s"inc sInacr s;l,n % "t ~ 10 1904
and 15Sk-say fl000, E20o0 and E}O10. Forty thou,
sand Al francs at 3573 AN advance; fifty Thousand
at t3583 There was very little doEo in New Yoik
funds Some sight was taken ut onc-ha!t discount,
and one days sight at tvo-oighths discount. Inc
counter rates for discount advanced an eighth d;l-
ring the day, though at a leading counter there
was no deviation during the day, -,
CorroN.-The market opened this morning with
a fair inquiry ut yesterdays prices, but factors
feoling reassured by tho favorable reaction at
Liverpool being confirmed in the morning papers,
and tie New York accounts being less discouraS-
ins, were unwilling TO meet the demand unless at
rather sitter rates. Later in tho day, however,
the movement was resumed at regular prices,
showing on the whole ittlo or no change. and the
reported sales comprised 2250 bales, mostly in
accordance with tho following Quotations G9Qd
Ordinary, 45c a 47c.; Low Mid1lins, 4Sc.; Mid
ding, 55c., and Strict MddDrg t2c. We say the
>5r.ea Sales" for the above includes $50 bales
taken by ono buyer yesterday, more than no re-
turned at the time. which really swells yesterdays
business to nearly 2100 bales and reduces to-days
TO about 2OOO The demand was mostly for foreign
export and received some stimulus from the ad-
vance in foreign exchange. On shc other hand,
tho market was unfavoraby Affected by runners
that private kilograms had been receiHsd from
New York quoting 1diddhrg duh ut 51o. 4 s9o ''-
srArKxKSr or COTTON.
S.ck Oh hnnti 1s September. 1852. bales 81, ,23U
Received to-Iay. 1'-9i
Received previously. bS,3'f
-e6S, ,GS)
Total. '"SA''Ia
Cleared to-day ........-.............. NONE.
Cleared previously. .ZZ-,U@o
--222, 035