The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-05-26
New York Market.
MONEY MARKET.

MONEY hhhhET.
The financial article of the New York Times of We'd
nesday, the Esd Inst, says;
The panic news from England, received last night,
and which induceda heavy rush upon the Gold Room
as noticed in the postscript to our Inst reporwas
followed to-day by advance Of interest In the Money
market to full per cent This rate was very generay
paid by the Brokers to-day to carry over Gold as well as
Stocks And tho Banks expected 10 be called upon
to pay large Of Currency into the Treasur on
their certified checks to the Gold Brokers' out of the
ordinary course of the daily settlements through the
Clearing house, there was some apprehension early IN
the day of temporary pressure for Money But
this feeling was promptly relieved at the Treasury
Office by assurances from Mr.. Van Dyok the Assistant
Treasurer OF the United States, that he would
neither deliver nor insist upon payment for
tho whole Of the large sums Of Gold taken rom ~
his Broker last pight-athough deliverable ~
bis option at any time In three days-nor would he re-
fuse, in settlement with the banks whose checks he
would come into possession o any OF the
ing obligations OF the Government which they might
prefer to tender In preference to currency This oer
included twelve months Certificates Of Indebtedness,
bearing per cent interest; Certificates OF Deposit on
10 days notice, besrfng per cent; and Compound 9
per cent Notes. duein 1867 and s6s all with full accrued
interest to the present date This afternoon we are In
formed that the offer is made to the public generally TO
psy OF any of the Certificates Of Indebtedness and any
Of the Compound per cent Notes, with full accrued
interest on presentation at the New York Office, thus
saving TO the holders Of the Certificates Of
thetr0ube and delay Of sending them to Washington.
The offer to receive the cent Certificates OF Deposit
waving the ten days. notice. is continued only to such
checks which the Assistant Treasurer may hold against
them.
In these liberal arrangements at the Treasury Office.
t Ia not difficult TO sec the early return of the Money
market to condition Of ease though at an advance OF
one or per cent In the rates current to the Brok
ers as compared with last week. In other words 6@7
Gold out of the Treasury, with the premium thereon,
will enable tho Government to make much larger
anticipated early in the month, provided the Cortin
cates and Notes invited to be presented for pay
ment are forthcoming The Secretary we are quite
would prefer to pay them of to retaining his pres
ent large Gold aud Currency balances In the Treasury
The foreign Exchanges have been amply supplied
with Gold for shipment out Of the Treasury Office
portion OF the sales doubt availed OF by Gold
specuators who. noticed last night have advanced
the price to per cent; but the whole amount let
loose is available for export directly or indirectly and
the sooner It is hastened abroad the sooner Will the
trouble and anxiety OF tn movement be relieved here.
Nearly every anticipates the Cost favorable effect,
every way on American credit In Europe In response
even to the receipt Of the first heavy remlances Of lost
week. It will be greatly heightened of course and the
relief warmly appreciated should eight millions addi-
tona 20 forward this week las estimate will be the
easel and much moro next week and the week after
by which time If not before, the occasion for ouch
heavy r.mittances will have passed over.
Ths amount of Gold to be forwarded by the Ounarder
ft M Boston to- morrow and the extra steamer Tarfn
from tuis por is estimated at s3Q0o00o altogether.
The preparations for Saturdays steamers will probably
embrace $4,000 600 or S. 600 OOS although may re-
mark that the present demand for Bills would scarcely
Justify such largo figures The amounts Of o. 5-20s
received Dy tn6 lily OI NcW IOrh duu oloLcn eiiln
forenoon was not large and letters from the other side
speak of money being too valuable In London to risk ts
outlay for 80 days the purchase and transmission to
New York of 6.2O's even at figures We hear OF nc
very considerable suws Of Erie or Illinois Central
though bota have undoub dly been imported 10 some
xtent the present large differences between London
and New York.
PRODUCE MARKET.
NEW YORK, May 81 The receipts OF the principal
kinds OF Produce since last have been 1875 Lbl,
flour CO. 688 bushels Corn, 7640 bushels Rye, 49,
bushels Oats l50 bushes Malt, 46 bbls Pork. ls ?ot
.ckages Cut Meats, 63 packages Lard, and 25S bo
WhlsSey
U,,FrEE-Quiet at former prices We quote: Java .
25HD26c Native Ce.lon at 22@23c; Maracaibo at l9@
22e Laguayra lsIa@24c; Rio at 15s@2Oaie: and st
| domingo at I7I0i7Hc cash, in gold, 2 ID. Weeks
receipts of Rio l6O3 bags Sales 6S7S uags; the ate
| including, cording to Messrs. VIM. Scott x Sons
!u3 bags and embrace 15Oe per Mraaia 500 per Zin
gara 5"2 per UlIer before arriva aud 1000 uer Ault
Heckle, n r. 1871 per Premeren have been shipped
from rst Lands Galveston. The market closes yer!
quiet Stock of all kinds Of Coffee, to-day. 1871
bags Including nio and Santos Coffee. 10h9 9S5 bngs
Cover. Java 4l46 bags of Cuba 4294 bags of Mar
acabn 1868 bags of Laguayra, 269O2 bugs; OF St. DO
miuo FOG bags; of Ceyion 1851 bags; and of othe
descriptions 1921 bags.
STOCK OF RIO.
Mobile bag. iW