The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1866-08-27
& COMMERCIAL.
Especial to the Journal
Review of New York Market. -
New YORK Auoust ~ 1895


NEW YORK, August 2, 1866
Editors Journal:
The absence of the writer from the city
last week prevented our usual letter, but
there was little to chronicle.
The weather continues delightfully."- cool,
oecasioned by frequent, showers, and the
thermometer has varied from co. TO 500
usually about 72o-at noon. The health Of
the etty Is very good, and cholera has al
most disappeared. .sz ssGsds
The financial situation, as it is called, re-
mains in an easy condition, being indu-
Nehced by redundant currency. and is full
OF hope and promise in the, future. ,rsy.
The6ecretary of the Treasury. has given
notice that after the 18th irist.,T the deposits
for the Temporary Loan, 6amounting TO
about .S69pO0,o00, exclusive of c. HI. Certifi-
cates,J viii cease to bear interest," This
large amount, together with payment of
about eleven millions interest on 7-30
Bonds, due 18th inst.-say about eighty
millions in all-will be thrown on the
market for investment AN unprecedented
amount-and will have its influence in
trade. ...,-, ..,.-
Government Bonds viii be most directly
affected, and it is thought that 5-2Os may go
to l2O, and 1905 to lis for investments. 3
Interest will remain at low rates, and
in Stocks and merchandise
may be carried to high figures. Gold, dur
ing the week, under review, has fluctuated
frdna~l521 ON Tuesday, -(thea hfghest) to
1857, (the lowest te-dayJ, and gelosed
rather weak at 1481 Sterling Exchange
has ruled low. We Ianderstands tliat
some go day bilIsa q, Western Banks
have sold as low as ga, but the best
city drawers pass at w 10 o7ssz.la Com
mercial Bills with documents attached
have sold as low as 1861 to. 81. These rates
are much below a specie-importing point,
and it is reported that gold IS on the way
from Europe. f9anf lis taea Hl-sliiI& a1a,
The export of gold for the week has been
SILT 800, and the total since the LIST of July
last S52095, 1876. The imports are again
increasing the week the amount is
1874, 572, of which, s., 1867 Isl is dry goods,
against last week e 81, 55S, l39, of which ST.
267, Jos were dry goods. The exports were
light, only &, 592, Isl for the week. In gene
raj markets there has been-no.~ great
change. Quite number of Western buy
ers are here. and but for reports of cholera
in the West, considerable would have been
done in all departments. yet, with the
present more favorable reports from there,
it is expected aIarger business WILDE in
augurated than any other in the annals of
our trade HY2 NTAE 60 az
Crops are generally reported as very
good. Stocks of all kinds of merchandise
are large. Money is abundant, and houses
of good standing can obtain all the credit
they desire perhaps more than they should
except, anolwe look for aforementioned
If not large speculations in the way of
business. The volume of trade is consid-
cradle and increasing, and we may report,
with but very few exceptions, the entire
market as firm. e)
BREADsTUFFs-Have improved Flour,
since our last. has advanced 75c to 81 per
barrel. We quote Common to Medium
Superfine and Extra at So 80 to Sl1 90. Good
Misunderstanding and Trade-Extra $40 80
to SD. Choice Family New Wheat Sl3 to $l4.J
Wheat has also improved Is to Csc per bush
NewWhite worth 81 6Oto So; New Red 50 25
to 81 So Corn, Mixed Western, 81 to SIC;
Prime White, $50. Oats, As to 55c. Receipts
are light, and scarcely equal to the wants
of the trade.o The latest crop reportsfroin
England are unfavorabIe on account of
wet w Gather. Boa ziaola FHo oa .sl4iEa ba5i lie
IPRovIsIoNs-.are firm. Mess Pork fhas
advanced to $50 % to $50 90. Cut Meats and
Lard, shady and firm. There is a very
good Southern demand for all articles in
this line. ' h't -n'too q
lGRoCERIEs- continues firm with an adj
vancing tendency. We quote Rio Coffee /
Is to l7c gold, with no strictly prime in the
market. lava 25 to 26c gold. Sugars, hard
refined 1919; A 1554; B I515; yellow 1877 to
Is; Cuba IL to 1872; Porto Rico II to l4195.
The stock is large, but the demand is active
andrefned goods are rather scarce. Tea
is rather quiet at the advance. Rice firm
at 81 to 1O14.
DRY GooDs-are steady and more active.
Stocks of domestic goods are large, but in
foreign goods, dealers are very firm in
prices. Yours trrly,
FOSTER, COPELAND & co.