The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1866-12-07
. MONETARY & COMMERCIAL.
Especial to the Evansville Journal.l
Weekly New York Market Review

!
bis NEW YORK, December g. 1866
Editors Journal:
% Though there was more ease in the
money market last week, and the gold
premium ruled higher, we have to notice
that in most commodities prices have been
in favor Of the buyer. Thursday being
g THANKSGIVING y was observed as close
holiday, and may be said to have termin-
ated the weeks business, for most buyers
and operators left the city to enjoy that
and succeeding days, either at home, or
with their " country cousins. - The year
is also about coming to close. Annual
settlements of books. and balances viii
soon have to be made. Business men,
seem to be- more than ever disposed to re-
duce stocks and obligations, and to begin
the new year carrying the highest possible
loads, and we note that last week was the
quietest week of a very dull month, and
business transactions were of smaller ex-
tent. - gF@@A, s3b hNsAte
THE MONEY MARKEr-Shows symptoms
of greater ease. The supply of surplus
capital has somewhat increased, and the
receipts from the interior are larger; but
we cannot record rates as being any lower,
and money is still in demand at from z to
10 per cent. sifr ini es8 bits ao
GoLD-Opened on Monday at 1885, adj
vanced to 1881 on Tuesday, and closed on
Saturday at l4l1z. To-day the premium has
ruled about 14l, but the market does not
seem very strong. ~
GOVERNMENT NEUTRALITY-SUSPICIOUS. hized
with the gold and general stock markets,
but the week closed without any material
change in prices, 5-20's of 1867 worth 1857
to 100. 93at
FOREIGN ExcHANGE-Is inactive, at 1897
for Bankers sixty day sterling bills.
BREADsTUFFs-Flour has been depressed.
Receipts are liberal and our stock accumu-
lates, and now supposed to be near 400 600
barrels. This is not regarded as large, par
ticularly if we should have any consider
able foreign demand. The decline since
our last is 80 to so cents per barrel, mostly
in family grades, and the steady increase
of stock has deferred buyers in operations.
The receipts of Wheat have been light, but
the demand is also light, and prices are
easier by 5 toe cents per bushel. Corn is
also unsettled and lower, Western mixed
being quoted at 81 IS to / 20. sis8 80
PRovIsIoNs-Have been fiuctuating but
dull, and prices show decline on the
week. We quote neao Ness Pork 81 O0@
81 BIZ. Lard 13al334c for Western.
ToBACCo-Has been very quiet; sales
limited to about 300 hhds for export and
without quotable change of price. ,s
COFFEE AND SUGAR-Markets have been
dull and prices are entirely nominal !
THE CoTToN MARKET-Has been irregu-
lar and with little doing. The more favor
able reports from Liverpool on Monday,
and the advance in gold on Tuesday, re-
suited in cotton going up fully one cent per
pound-but the market exhibited no
strength, even though the shortness of
the present crop had more believers-the
adv ince in Liverpool was afterwards los:-
our market showed greater weakness and
we now quote middling upiands at $3.50
34c. Holders are very firm in price, but
buyers do not take hold, and transactions,
in the staple are quite limited. The demand
for manufactured goods is light. Spinners
complain of very inadequate returns, and,
however light or short the present crop,
may be, we can hardly look for much inn
provement in price till a strong and con-
tinued demand for consumption sets in.
FoSrRR, COPELAND & Co.