The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-06-26


Inc cotton market WAS quiot yesterday parties wait
Ing further news. We heard of but one transaction
sao OF z6 baos Of strict midng cotton for the panisb
market, at $50 per lb. :
Money Matters in Europe.
In the European cities money is firm in price, q nd
the Following arc tho quotations the leading cites
London 100; Paris, 4-3H; Amsterdam, 6k-6x;
vienna, &c; Berlin. %; Frankfort TT; Turin g. 8;
Brussels, 6-5; Madrid, 90; Hamburg, Ok; st. Pc
tersburg, 5H-7.
OF tho financial situation in England tho London
Economish OF June 9, says:
~, The recovery Of tho money market has made fur
ther progress this week. It would have made yery
considerable progress but for the failure tho Agra
1t is said that large Of the Agra Banks nc
cepiances fa due to-day and it remains to be seen
have the last the importapt aiures but ansr
from any greater calamity than there is any to
apprehend the In provement III the money msrket
and the restoration In the tone OF commercial conf
dence may bo expected to be somewhat rapid and de-
The bank return Of Wednesday night exhibits four
one and half millions more arising from the large
American arrivals. Secondly the other securities are
facilities, and here and there lower rates in Lombard
the So banking two millions
than half million less. All these most sats factory
The banking reserve is now two and three quarter
mliens1and at least three millions Will gradually be
securities stil nearly 'hirtytwo millions. and the
private deposits over twenty millions. Az confidence
Of the advances Obtained on Sc secasss
still leaving. however, large margin for the further
BILE that the reserve may be strengthened In the
course OF the next few days to justify the directors
ure OF this kind should under present exceptional cir
c1mstsnoes be adopted as early possible The drain
quences OF the panic remain-and with nervous ma.
tiens nothing ia display Of confdence
we're regimen and tine bank directors win do well to
avail themselves of the earliest occasion on which to
some mitigation Of it.
People naturally turn to Americ, ask whether the
collapse here lis likely to produce collapse there 30
suring; The demand for gold has bseu met .nSst
promptly and hitherto there have recn no signs of NJ,
with dates of the sot Msy ,ss ron rshSr New
in specie and fart'er rge sums ar to foi-
Mobile Market.
MOBILE, June 2o.-CorToN- There was no demand
era s"1S ssOcR on sale very poor Fifty bales
MONETARY AND F1NANo1AL-To.dsy has been the dull
trely subsided The following are the closing rstea
GOLD buying and selling 1t7@l52.
EIoHAseE-sseflns nominal Syi Now York sigh. p,r a
Il premium New Orleans par@h discount.
new Orleans Market.
NEW ORLEANS June 9o-corFos.-Ths market
continued quiet todsy the inquiry being confined to
bales taken by six brokers at about previous tea
Mixed Lists were negtctsd and rather eager but even
running were held at iun prices aud could hardly be
had at continue to quote ordinary
80 to $780, and midding at 400 The outside eures for
go9d and low middlins are for running of
STATEMENT OF COTTON.
Stook on hand lst september, 1885, -bsles. ss 2s9
Received previously. .726838
n% --727.s6l
s11, 900
Cleared previously. ...................... 6sS 329
--694, 1853
The oloaranoes comprise ic2i bales for Providence.
b.
SUGAR AND MoLAssEa-1hers have not been any re-.
from the coast since yesterday There is very
ltto ef the production Of Lounana on hand but good
stock OF that OF Cuba. The market In at stand. still,
however, there being little or no demand
lot OF 90 hhds CUBA Moasses sold at per gallon
Is to l4c pound; fully fair lax to l6o prime 6xo
yellow clarified 15x to 100; white 16x to 1oo per lb
ou6a Sugar fs retailing at Is for No and l4c
FHEIaH rs.-The freight market continues very dull,
both foreign and coastwise. There little going for
ward a 10 ID for Cotton and 800 per bbi for Flour
by GAIL for New York and Boson 10 per lb for Cotton
and Bic per pound bbi for Flour by steam The rates
by sailing vesae for Liverpool are I'd lb for Got
ton and S6s for Tobacco. For Hayre cent per pound
for Cotton. .
"" Memphis Market.
MEMPHIS. June 22.-CorroN-The market yesterday
day. Holders were firm, aid Offering hing but small
lots In anticipation of more favorable news from Liver
pool by the next steamer The inquiries ~ and
buyers wanting in confidence oonceda To hold.
a ntu -