The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1866-03-06
DRY ossas.

We clip from the Chicago Tribune Of the 18th the
following:
The Dry Goods market is In very unsettled
condition and valnes hare sustained quite q de-
probation since our last review. There is very
little confidence in the future Of high prices, and
the prevailing opinion all the country is that
a further decline will take place. On the faith Of
this belief buyers are purchasing sparingly. The
"cross- road" dealer and the large jobber buy only
enough to meet the pressing wants. In New York
the markets were very unsettled. The city is full
of buyers, and each concession made by Stewart
Clafiin and other heavy dealers, only canses fur
Their prudence the part of would be purchasers.
Here the condition of things is similar Country
merchants look around, examine goods, and go
home thinking they will do better in q week or
two. Since our last report, Prints have declined
la &c, the latter on common brands. Standard
Sheetings are De lower and others In proportion.
Bleaehed goods are Ia &c lower, closing rather rm
at the decline. DENNIS unchanged. Stripes
are lower Ticks have declined fully 2ic. Corset
Jeans are unchanged. Drills lie lower. Canton
Flanneis unchanged Carpets in fair demand and
steady
NEW York. March 3.
Gold has aided 10 unsettle the state Of the dry
goods market and lower prices are looked for in
foreign and domestic goods. Concessions are still
being made in favor of buyers The following are
the closing prices
Brown Sheetings-Salmon Falls A. 26c; She
tucket B, lie.
Bleacbed shirtings SIC; Clinton C
c, 34c; do c, Csc.
prints-Hamilton, pc; Lancaster, 81 Os; Allen,
30 cents.
Observation-Disclosures, Zoe: Pacific, Csc.
Ginghams-Lancaster, 26c; Hartford. pc.
Brown Drils-Pepperell, 27sc: Winthrop, 23c
Corset Jeans-Pepperell, 32c Bates. Csc.
Canton Flannes-pemberton A, 52c.
Tieks-Conestoga A 4. 60c.
approximation, zoe. II
Hoop Skirts--Meyer's l. Y. L. / inch5tapes, 20
TO 10 hoops, - to 5Sc; inch do, Csc tolsl IL.
NATIONAL CuRRgscY.-Specai dispatch to the
Tribune from Washington, dated March Sd. says
The published statements made from time Il
time vi the amoant Of currency issued by the
national banks by the comptroller of the currency
are liable to be misunderstood by many person.
who have been informed that the limit fixed by
law had been reached. The fact is that national
banks have been organized which are entitled t.
receive circulation from the comptroller to the full
extent of the provision made by Law: but the note
cannot be prepared and issued TO these banks a,
fast as they are organized. Hence the apparent
discrepancy Another fact also requires explana-
ton in this connection. it is reported from tune
to time that certain National banks have beer
chartered by the Comptroller of the Currency. Tn,
fact is that National Banks have been au
thort1ed for some months, but some which wers
granted six or eight months ago have been de
layed by various causes until the present time
Quite humber Of State Banks which applied 70,
| conversion into National Banks, and hled thes,
papers prior to the FIRST Of July. 1885, have not vel
received their final authority TO 70 into operation
for the reason that the outstanding State circua.
ton Is in excess of the amount allowed bv lag fol
National Banks, and the certificates are only Issued
when this old circulation is reduced TO 30 per cen
Of the capital Of the bank.