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


The cotton market quiet yesterday, parties wait
ing further We heard of but transaction,
sale of 45 bales Of strict mddng cotton for the Spanish
market, at 35c per lb.
Money Matters i'm Europe.
In the European cities money Is firm In price, nd
the following the quotations in the leading cities
London, 100; Paris, -3I; Amsterdam, 6h-6H;
Vienna, SO; Berlin, 9-9 Frankfort To Turin. g. 8;
BRUSSELS, 6-5; Madrid, 90; Hamburg, 0--7K st. Pc
tersburg, 6H-7.
OF the financial situation in England the London
Economist, ol June ., says:
The recovery Of the money market has made fur
ther progress this week. 1t would have made very
considerable progress but for the failure OF the Agra
| Hank =
It is said that large amount Of the Agra Banks
cepfances fall due to-day and 1t remains to be seen
what inconvenience will become manifest in conse-
quencs. It s, perhaps, too much to expect that we
have the last OF the important alures but apart
from any greater calamity than there 1s any reason to
and the restoration in the tone Of commercial conf.
dence may be expected to be somewhat rapid and de.
| isiVe.
The bank return Of Wednesday night exhibits four
great ooanges In toe first place. the total bullion 1s
and halt millions more, arising from the large
American arrivals Secondly the other securities are
one and three.quarter millions ess indicating greater
facilities and here and there lower rates IN
street. Thirdly the banking reserve Two mimona
Ou1osouoaA6
than half million less All these are most
| indications .,.o.,..on
millionsand at least three millions will gradually be
added to out of the bank note circulation Inc otnes
securities are still nearly hiry-two millions, and the
rsyze aSeGss Se to SIX onSi millions deposits will be applied
In dminusion of the advances obtained on eeoartes,
still leaving, however, large margin or tne TURNER
augmentation of the banking reserve 1t Is quite posi-
BILE that the may be so strengthened IN the
course Of he next days to justify the directors
In reducing the official rate at least per cent meas
ure Of this kind should under present exceptional cir
cumstances, be adopted as early as possible dram
of gold is quite at an endBns the nervous oonse
tentB nothing successful as display OF confidence
on the part Of great authorities Ten per cent s So
vereregimen and the bank directors will do we'll to
esye themselves Of the earliest occasion on which to
commence some mitigation Of It.
People naturally turn to Aeric, and ask whether the
collapse here s likely 20 produce collapse there 30
far America has shown degree of strength moSt reAs.
promptly; and hitherto there have signs OF
Yori wb b'e dates Of The so May, brs urher
87oo.000 In specie. and furt er rye sums ar TO 'o
low
Mobile Market.
MOBILE, June u. 2O.-CoTroN-There was no demand
ae,an to-day. Stock sale very poor. Fifty bales
were sold. Prices nominal
MONETARY AND FINANo1AL-To.day has been the dull.
ept day Of the season-the excitement has amoat en-
tireiy subsided. The foowina the closing rates:
4. GOLD buying and selling 1470l62
SILVER buying and selling at 13O@l96.
demonstrating nominal. New York sight par @
n premium. New Orleans par@x discount.
New Orleans Market.
NEW ORLEANS. June 20.-Corroa.-The market
continued quiet to-day the inquiry being confined to
fw buyers Tor the North and the sales confined to SEQ
haler taken by six brokers at about previous .tes
Mixed lists were neglected and rather easier but
running were held ss u prices and could hardly BE-
a 40 to SOC good ordinary at 80 to &c. low mddling ct
86 to $780, and Middng OF 400 The outside figures for
good ordinary and low midding for running Of
strict classification.
STATEMENT OF COTTON.
Stock on hand lst September 1866. bales 69 2S9
Received to-day. ,218
Received previously 6,6S8
.--727, ,861
ooe oAA'o'o
CLEARED to-day Iva
Cleared previously 693, 529
=5sz --894 1858
Tha on oaaranoe. omnrsa 1904 bales for Providence