The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-03-27
COMMERCIAL AND FINANCIAL.

0hEAI rALL N ORf GOODS.-Ihe New
York Post, Of last Tuesday, says:
Prices of goods of all descriptions are
falling. The decline was great yesterday,
though some kinds of merchandise were
held by owners with considerable firmness.
So much effort to make sales has rarely
been put forth, and the disposition was
everywhere manifest to close transactions
and to realize" The concession in dress
goods Is arge-lt extends ~ prints and all
line fabric on standards and woolens it is
llghtest. The fall in one MONTH ON the
basis of some of the prices of goods sold
at auction, yesterday, is reported to be
fully one hundred per cent, but this is, of
course, no criterion whatever of the mar
ket. The average decline may not exceed
twenty or twenty-five per cent. in that line
There Is a very general feeling of inse-
curlty IN business circles, amounting to
almost panic Ill some quarters and this
adds to the depression. Nobody questions
the policy of selling, but the public, and
particularly the men in business, do not
readily buy.
:. ATLANTA, March 24.-Exchange on New
York, buying at ! discount, and selling at
premium. Gold, buying at 25 cents :
selling at 27 cents. Silver, buying at Is
cents; selling at "a cents. Gold bullion,
buying at sl.O5 per pennyweight. Gold
dust, buying at 81 per pennyweight.
The I'Aeutgemcer quotes the following as
the rates of Sou. b Carolina baAk bills:
Bank of Camden, Csc; Charleston, 15;
Chester, Is; Georgetown, Is; Hamburg, Is;
Newberry, ~; South Carolina, II; State of
South Carolina, old, Is; Commercial, Colum-
Ola, 10; Exchange, Columbia, Is; Farmers
aud Exchange, 8; Merchants. Cheraw, Is;
Peoples, 81; Planters, Is; Planters and Me-
chanics', 18; Southwestern Railroad, 2s;
State, s; Uuion, 81.
NASHVILLE, March 23.-Gold is bought
here at l26, and sold at 12S. Southern
money ls dull at the advertised rates. The
| receipts We're small and the market dull
during the greater part OF yesterday, but
on the receipt of the encouraging European
advlces by the Australasia business be-
came more active, though we heard of no
change In prices up to the close of the day.
Holders, however, will insist upon an ad-
vance. We quote at 29@3O{c. Our last New
YORK quotations. were 4Uc. and firm. The
market 1or groceries continues dull, with
downward tendency in prices, but without
material change since our report in full Of
yesterday. Ol the Louisville market, the
Courier, Of yesterday, says:
The tone ot tue general market here, as
well as elsewhere, Is depressed aud down
ward, with but u very limited inul. for
any Ut the leading products, and nut little
disposition to either uuy or sell. The mar
kets all over the country present just such
all anomalous position as is here repre-.
sehted, and nothing is gong on but the
local trade to supply the pressing and daily
demand OF CONSUMERS. Dealers Ia all kinds
VI provisions are now Offering most OF tneir
products at actually less than cost rates,
While the dry goods, grocery and produce
dealers are only busy in marking down
prices. Some articles of prime necessity,
however, are fully maintained, owing
wholly to the scant supply, wnioh is made
quate to the demand.
AUGUSTA, March 23.-The cotton market
exhibited more buoyancy, to-day, under
the favorable advices from the New York
aud Liverpool markets, and better de-
mand prevailed few sales were made at
all advance OF 1c. on yesterda,'s prices.
Gold very dull, at former quotatlons.
NEW YORK, March 23.-Cotton firm. sales
l,9UO bales, at 41c. Gold 1873.