The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1866-08-03
MONETARY & COMMERCIAL.

We give place to-day, in our commercial
column, to the Review of the New York
Market, written by one of the old mer-
chants of Evansville, which, though a lit
tie delayed, will be found interesting to
our mercantile readers. We hope to be
frequently advised, by this well-known
house, of the state of the Eastern and For
eign Markets: Il.
NEW YORK MARKET REVIEW.
NEW YORK, July %, 1866.
Editors Journal:
The weather has not been so oppressive
Iy hot this week as the preceding one, but
certainly it is yet July; the frequent rains
have kept the atmosphere pleasant, ana
the breezes at night render sleep refresh
ing, With this change, the health OF the
CITY improves. The deaths last week were
1,102; this week about $50. During the
week the Board of Health have declared
So cases of cholera, of which 26 proved IA
tai
The change of weather has caused bust
ness TO revive, and the transactions are
larger and more frequent. The money
market exhibits increased ease, and the
rate of interest declines. Call loans with
approved collaterals are made at to per
cent, and time bills are negotiated at to
8 per cent. for prime names. Gold has re-
manned very steady-1511 being the high
est and 1897 the lowest price recorded dur
ing the week. The export of Gold has
beea for the week 81, 449 800, mostly in bars
received by the last California steamer.
The total since LIST January, s5l ,22S, OIL,
against same time last year, SIS, 446, It's. The
exports of Merchandise for the week end
ing 24th ult., have been s., 1867 1877; and since
LIST January, SIG, 124 1856, against same time
last year SS7 sos, 0l7. The imports continue
large being for the week ending July 18th,
S6253.994, and since LIST January, 218l All ,861
against SS6004, 1876, for the same time last,
year.
The easy money market creates a de-
mand for Government securities and mis-
-cellaneous Stocks, and the entire list has
been advanced. The exports of5-20 Bonds
are large; owing to difference in price be-
tween the new and old issue, (the latter
heretofore having been the only kind ex-
porters would take), considerable amounts
ofthe former are now being shipped.
/ The war in Germany, and the high rate
of interest in Europe, and particularly in
England, depresses business there, and, as
a consequence, the exports of our produce
are on limited scale. 1t is generally be-
lieved that the war win be short one and,
with an Improvement in financial affairs,
that our exports will increase, although
lower prices may be expected in the
market. a. 1qs4 9H
During the past week there has been re
turned to this port consignments of Wheat
and Lard which were shipped to Liverpool
and could not be sold except at aconsider-
able loss. The Wheat has been resold here
at 81 % per bushel. sfa.Ie $3.50
For Wheat and Flour there has been a
good nearby trade, the decline of the past
week has been arrested, and the market
closes firIner, and is now advancing. Trade
brands Extra indiana and Kentucky
Flours may be quoted at S9@l1; Family
and Fancy at SlI 50@14; Prime Red Wheat,
50 25@2 10, and White, 81 1902 75
The exports of Corn continue large, be-
ing 976, 239 bushels for the week. Mixed
Western closes quiet at S4@S5c; White 81
al OF.
Provisions have been firm and with
so1ae speculation. The price of Mess Pork
was carried.to S32, but it closes lower; S3l so
to s3i.75 for new $50 for old mess; S27. 6215
for winter prime. Cut meats are firm and
wanted for Southern trade. Lard 1890
2O12c for steam and kettle rendered.
Hides are steady at lO149l21ac for wet
sailed. and 15@lSc for dry flint. f
Feathers are quiet at 90@95c. .+-
Wool is very dull, and owing to the post
ponement of the proposed Tariff Bill to
the next session of Congress, prices have
declined 89lOc. Indiana fleece $4,000;
pulled tub washed 40@55c.
Tobacco has been quiet, but held firmly
with small transactions. Plug 597c; leaf
7@25c, and firm, manufacturing higher.
Groceries are very firm. Sugars of choice
quality are scarce and held at full rices.
Refined are in small stock; hard II; A 1917
prime Porto Rico 1877 to IA. Coffee has been
dull, but under the news from Rio closes
frmer. Good Rio I7@1S15; Prime $4,000,
gold, duty paid. Tea is in speculative de-
mand on accoont of news from China,
and prices have advanced to SC. in gold.
Other articles unchanged.
In Dry Goods, the trade remains dull, but
| with better feeling and more buyers in
the market. Prices unchanged.
Very Respectfully,
FOSTER COPELAND & Co.