The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-04-24
COMMERCIAL AND FINANCIAL.

COLUMBIA, April 24-Therc was but little
middling 27 cents
NASHVILLE, April 19.--Cotton is dull. at
36.I31c. iii New York TODAY. aad appears
t" have remained SO throughout the entire
day. The decline has induced many who
nave been holding back to part with the
staple. and there has been more activity in
the market to-day than for some time
back. We hear of GS bales cold, at 23iM
2GAc ~"
LOUISVILLE, April 19.-Lcaf tobacco quiet
aud strady-sales of lis hhds. bright Ken
tucNE at 81 10, and Virginia leaf at 1896
Mess pork, S2G. Bacon shoulders, l2c. :;
clear sides. 1Gc.' sugar-cured hams. &c.
Prime lard, i'll tiercc. lSc. Supcrfne flour.
SID. Mixed corn, 5Sc. Oats. 45c. Hay.
balc,s. "n wharf sl3. Whiskcv 1922 for
raw and free
ST. Louls, April 19-Flour is more
active -S7Ql7.40 for single extra. Wheat
activc-bctter grades, sl.75Ql1. 80; prime,
s2.3oIL2.70. Corn iirm-choicc. 6iM77c.
Pork advanced TO s265 So Bacon clear
sides Ice. Whiskcy dull, at s2.21i.
AUGUSTA, April 21-Cotton market quiet.
We quote middlinS, 2oGl3O; strict mid
ding 81. and good midaling b. Gold ac-
tive: buying at 127, and selling ut I27!M
l2s. Silver dull; buying at l2o, and sell
Ing at 1875.
ElcHMoNp, April 19-Our markets are
dull, and the business community-indecd.
rvcrybody-very much III want OF means.
There Is one consolation, and that is that
few men are likely to be ruined by specu-
lations the pressure discountenancing
ANYTHING like adventures OF that sort.
We quote bacon as follows: Mddlings II
c., shoulders 1879, hams 20@22c. yir-
,rii,t Inc. Yv.1,S ,S.,1,
able quantity i'll the market, arc selling at
re. There Is Il great deal OF unsolind
bacon i'll Tie market, which can be bought
AT ltM12c. a p0unI. The flour market is
unsettled, with an advancing tendency.
Supcr'ime. Sll; extra Baltimore, sIi: Rich
Is 126Nl2>. bnying and selling: silver,
I200ti22
1t is stated that the Committee on Ways
and Means intend to report q tax bill re-
ducinS tho annua! tax about 1000, 900;
this is thought to bs justified by excess Of
receipts over expenditures.
l'rlntlng cloths, the Providence Journal,
of the 10th instant, says are dull and de
ciining: Printers Will no, buy at the pre-
sent asking prices. The following are the
sales: 1000 pieces, 64xG4, 1916; 1850
pieces, 6ix64. 13c.; 1900 pieces, 64164,
l2lc.; 1000 pieces, 56x60, lie; total, 5000
pieces.
Within the past two days, Hour has sd
vanccd IN price all over the country. In
the higher grades of extra and family the
rise is greater. Indeed, they led of, and
the lower grades followed, but not proper
tionately. In New York the advance has
been from lOU40 cents a barrel; in Balti-
more, (high grades so cents a barrel In
this city the advance has been even greater
than in New York or Baltimore. All grades
have gone up, but especially family, which
has advanced Fl a barrel. We have no
satisfactory explanation OF the rise, but the
tiht the supply OF wheat is short, and that
thrr" vii! be no decline until after the next
harvest and not then, unless the new
wheat crop proves IA good one.
RichnsO;.d Times
Will: DRY tiooDs AGAIN ApvAScEt-On
:his subject. the New York sun takes a ne
Gatlvc position. and reasons as follows
The price Of raw cotton was ut one
stage OF the rebellion, over 81 per pound.
Now the average price in New York is less
than 40 cents pound, the reduction being
caused. not by an increase OF supply, for
little cotton has been grown since the high
figures were current, but it is caused by
the certainty Of supply in the future. The
decline in the value OF imported goods is
attributable partly to tho same cause but
directly to he decline in gold Now there
~ no probability that gold will advance to
any material extent. nor is it likely that
any new cause will intervene to occasion
dlstrust in relation TO the supply Of cotton;
consequently there is no ground upon
which to base the opinion that prices in
the DIR! goods market will again advance.
ltic present decline has been very steady
and gradual. 1t has occurred in spite OF
the most strenuous opposition OF the spe-
cnlative interest, and it may be- set down
as the natural and legitimate effect Of the
transition of a country from condition OF
unrest and excitement to condition OF
comparative confidence stability and GER.