The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-03-14

and Paris which promised come Hteadness last night
ers The demand ran In d fair measure upon goodMer
ohant Bulls on France against Cotton and Southern
Bank Bills. We learn that large amount of the former
cheap rates Southern Bank Bills were done at 1887 to
4 per cent, and the rates for standard Bankers
were 1857 to 10Sx per cent: on London, and 5f2lc.
to $780, Paris. The telegraph reports from New
Orleans cheap market for Merchant Bills drawn against
Cotton and Gold in the close neghborhood of $50 per
! cent The i'm npcrters and domestic commission people
are marking down their staple Dry Goods this week. to
meet the decs in Gold and cheaper prices for Cotton
In this and tho Southern markets. The market for
Money grows easier In Wastreet to the Stock Brokers'
while there ID less facility in passing Merchant paper st
Bank aud through the Discount Brokers' The discrim
nation in regard to these credits previous occa
sions Of the same nature Is very rigid and the classic
cation OF names unusually strict, on account Of the
falling prices OF Merchandise.
The New York Heralds commercial article states that
the future Is not encouraging for holders of merchan
disc spectators who carrying any description Of
property in the hope of realizing higher prices. Gov
has been working for the last year to convince
tho people that contraction Of the currency and
prices for gold and all commodities inevitable at
early date until the specie standard for all prices
was reached. The people now believe these official
sertions and are acting them by buying little and
selling as much possible It matters not that the
currency has been increased instead Of being decreased
since March, 1885, il the people believe and act on tho
reverse. Everybody eager to SELL and nobody anxious
to buy s that which Is depressing all markets and
paralyzing the capital and enterprise Of the nation.
PRODUCE MARKET.
FRIDAY, March 9-6P M.-BRKApsrUFHs.-Receip
626 bbls Flour 254 do. and 2463 bags Corn Meal 1860
bushels Corn 1905 do. OATS and 1850 do. Malt Prices
ruled trihe easier for grades but not partcu
larry lower, under very limited demand Primo quail
ities we're held firmly at previous prices The sales
about 5000 bbls OF annexed quotations South
ern Flour ruled dull and somewhat heavy. The sales
were to fair extent comprising 500 bblu Canada
Flour In moderate demand and prices without
material change. Inferior brands, II anything,
little In buyers favor The sales 400 bbls. Bye
Flour continued inactive and nominal. Corn Meal WAS
dull and somewhat heavy, We quote:
Superfne and Western -four ............$6 850$T S5
Extra State 159 IS
Gno,Co sssse ~ = :i;,;r, .1.. so
Corn was inactive and heavy, with sales Of $1,000
bushels ut 7S976 cents for unsound and 76978 cents
for sound mixed Western. Oats we're in moderately
tive demand at 95@43 cents for unsound and cents
for sound Western 5S cents for State and 6 cents for
Canada Bye o trihe In sellers favor, with bet
ter demand The sales about 40 900 bushels West
ern, mainly at 7S@8o cents Malt ruled inactive and
nominal Barley quiet, but prices not materi.
ally altered We note sales Of about 5000 bushels Cana
da West, part If not al at $1.10.
CorroN-The market WAS dull heavy and lower, with
sales Of about 1900 bales, mainly at suboned quo
tations, which altogether nominal and somewhat
above the market at its cl 20. We quote: