The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-11-16
THE cHARLEsToN MARKET.


COTTON.-The past week has been most unsatisfactO.
ry to dealers in tho staple in consequence Of tho
markable decline which Inns taken place nnd tho
lieved dullncss and want of spirit which has been
marked feature of tho market Liverpool and Now
appear to have acted and reacted each other each
occasion full in price taking place. until Middng Up
land has been forced down five cents q h. since
last weekly statement This heavy decline is owing
partly to opinion held by many outside of the Cotton
States that tho crop will certainly reach 100000 bales,
to the reasonable certainty that Egypt will send
100000 bales to market and that the crop of India pro-
misses WELL with fair prospect from other Cotton
gons. Manufacturers consequently anticipate ample
supply of the material and therefore purchase with
caution The receipts at this point for the past week foot
bales of Sea Island and 5T67 bales Of Upland
owing slight increase the receipts of the weok
before
The weeks transactions opened on Friday last with
fat market md declining prices caused by tho reccdng
rates Mt Liverpool and New York, which induced pur-
chasers to absent themselves only show disposition
to operate ut largo CONCESSIONS causing suspension Of
business The sales that day 10 bales ut Csc.
q ib.
On Saturday there was but little disposition OH the
part of buyers to go Tho market throughout the day
was without animation The sales 1875 bales Liver
pool Mddling selling for SIC q lis. the transactions
being confined almost entirely to one buyer.
On Monday sellers having yielded their prices to tho
extent Of &C. q ib the rates existing Thursday
transactions to the extent of 5s5 bales place. ddng
being quoted at 34c, and Strict iddng at s5as5,Sc
q lis.
On Tuesday tho market was dull, buyers generally
holding of for lower prices. The sales restricted
to 26O bales at about the rates of tho day before
On Wednesday, prices having fallen off both at Now
York and Liverpool the staple here underwent decline
Of about To- q b from the rates OF tho previous day. tho
transactions amounting to 24s bales, Nddling Cotton
selling for 32a33c q ib.
Yesterday tho market Irregular but the rates
showed further decline to the extent OF Ialc a IT,
with sales Of 237 bales ssy A at 90 10 at OF 30 80
at 81. 16 at 3liG. 113 at 49, We quote
l19i.sS Low sMSlddlns'.... @sl
aiI aladnnS; n3S ::....'.....'..........S2 @
Strict Middhng.. @
SEA ISLAND CoTroN-The receipts of this class Of Cot
ton continue fair and during the carly part Of The week
there steady domand but ut the close the market
was dull The sales for the week bnyo been about 200
bales. say inferior. 7o@75c; Medium. 10000; Fine,
81 00@1 40.
COTTON STATEMENT.
S. Isrd Jprd Rice.
Sssa 9sna ssR 10 ID 1876 81 81 ss9
Received previously. y............1. 1889 o5G4 1907
Exreara Sra 1pa: Rice. 1923 '''Si iS''
rtsS;sss; S$ 'ss :: sss sss ssst 2s 9ss 9s
1857 26.s05 a5s
Total exports. ts.................. LAST 2s,so5 o5e
Stock On hand and on shipbonrd.... 671 987o 4sO
T1atE LAST YEAR.
S. I'D Uppd Rice
Stock on hand Sept. l, 1866 ....... 362 i61O 100
Receipts from Nov. TO Nov. I5, 1855 240 1758 so
Received previously. TAT 23.s35 75l
Total Receipts. .,..::.::....: .l,s49 27,2os 8s4
EXPORTS. s. I'd Up'a. Rice
From Nov. 10 to
r.sSsi:j;:' ssS j. 1885, ,52s 52s .sss5 sss5 s sss
1,192 1852 751
Total Exports. 1,1s2 21.652 761