The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-02-18

By MaEe 3Hf MdAkf EhFA
Especial to the Evansville Journall
Weekly New FORK Market Review.

.
Especial to the Evansville Journall
Weekly New FORK Market Review.
- New YORK. Feb. II, 1867.
Editors Journal: s1
There IL some fmproven1ent in genera
trade, owing to better navigation in our
harberS, ard easier locomotion in onr
streets; but the feeling OF .uncertai ty
still continues regarding the effect of Con-
gre sional action on the tariff, finance /,
and internal taxation8 Buyers conffI e
themselves ITO the supply of immediate
wants, and in many articles, the gold pre-
MUM ruling at the time, marks, the value
of goods to be sold.
q THE MONEY 'MARKET is easier; more con
sfdence prevails, and the banks are more
disposed to be- inf dis
counts. The rates for money are 6a7 per
cent on call loans ioIi Governfnent securi-
ties; business paper 79l0 per cent. ny
GOVERNMENT BoNDs4- H ave been steady,
and closed about. 1 per cent. higher ON the
entire list during the week. We quote
5-20s of 1852 at 1881 to. 1909; new issue of
5-20s at 1851 the 73e bonds at 1861 to 1867
4 GoLD-Has been active, opening on Mon
day at 1861 and closing ON Saturday at
1878, but with frequent fluctuations in the
week, ranging rom 1S9 to 1885, But little
Gold is now being exported, and while
custom- house demands are increasing, they
are fully met by receipts from California.
Foreign Exchange is inactive. The rates
for bankers eO-days sterling bills about
1887, and commercial bills 1917 to 1857.
4 BREADsTUFFs = Under the pressure of
large stocks, considering the Nvant of for
siGn demand), are in The main without
change. Flour has been steady for some
day, and with some demand from West
Indies, but we see no indications of the
heavy advance expected some Time ago,
and the market ranges from SO for superfine
State to SIS % for st. Louis extras Corn is
quiet, at about 81 II for Western mixed.
Wheat is firmer, but small sales, owing to
advanced views of holders a. .-. sc
PRovIsIoys Were rather active last
week, but closed rather dull. We quote
new Western Mess Pork $40 So erLqTd is
quiet at121ac to I234c. 91ot3 =
CoFFRE Has been fir1mer ana, fairly &C
tive, especially for Rio. which is worth 1917
to l9c.i for prime, On gold, and the stoclz
Is reported as quite Iimited.s5 IS II ~
SUGARS Both raw and refned are more
active, and higher. Hards are worth l41s
to l5c,, and ia " is worth 1O114 to 100000
ToBACco-EIasy been quiet, partly owing
TO DISTINCTIONS In tue harbor by ice. The
sales are only some 200 nhds. of kentucky
leaf, and the prices paid are from to NC. d
X FREIGHTs-To the West are uncfanged :,
but tonnage is scarce to Europe. On cot
ton, we quote q to 3D. to Liverpool by
sail, and I'D. by steamer, and it is quite
difficult to get vessels, even at, those rates.
Hsst'oTToN-.W quite dull all week, but
closed with a better feeling, owing to a
fallingloF in Southern receipts and to a
better feeling in Liverpool. To-day, the
market is very quiel, owing to the weak
ness in gold in the evening, and to thedi
-ficulty in obtaining freight room. From
these reasons, European shippers are not
operating. and the New England spinners
are held back either by the inclemeney of
the season or from making purchases di-
rect at the South 4fk4AfA
The stock in ali our ports Is quite large
say 5000 bales. In this place, 1t must be
over 100000 bales, and this dead soeight is
operating seriously against the advance
predicted on the short crop. We quote
middlfng at 35g34c 1t is generally be-
lieved that If the receipts at the ports fall
of for two or three weeks, the large stocks
will be reduced, and an advance confirmed
in prices. Yours truly, f51IY
FOSTER, COPELAND & Co.