The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-07-29
New York Market.


says:
Tbere ia one important point, however which is by
most persons lost sight of in forecastng the money
marked in the immediate future. We refer to the pletno-
70 of idle capital in England ,.-u,u ,,o,nt
than it has touched years. The specie reserve OF
Bank of England is up to one hundred and twelve mn.
lions of dollars while that of the Bank OF Westminster
Sfsv mIlions while that Of the Bank of Franco is ono
hundred and seventy-seven millions
With such inert state OF things IN ehe LonaOh
money market there be doubt that Engnsn capl
tai will continue to flow hther, under the teptaucn Oh
higher rate of interest," and that the existing surpus o.
unemployed fnnds in this market WILL tnuS a'
ditional accessions
So Gar as this movement operates on the money market
here it is evident that the result must be either to IN
crease the ease esst to modify and counteracI any
causes tending to produce stringency.
The loan market is extremely easy, and accommoda-
ton On call be had on Governments ut 3a4 ana ON
stocks at 5s6. Discounts continue duh and lnacu'e'
choice bills being very scarce, and passing at oai.
PRODUCE MARKET.
NEW YORK, July 2G-FIoUR, &c.-The market for
western and state -four is irregular; fresh ground is
steady while all other grades are lower, New HOUR s
more plenty and closes heavy at q decline
The sales are $500 bbls at Sc 40 az 80 for Superhne
State ssa11 25 for ordinary and common Extra state;
Sllal % for Fancy state; s8 4oal0 20 ior tne lower
Grades of Spring Wheat Western Extra 50 2a10 80 Tor
Shipping Ohio $40 S5a16 for trade and family brands OF
Ohio Michigan and indiana and SIS 76a19 for st LOUIS
Extras. c,o
California -four lower and less active. Sales OF 6So
bbls and bags at S13al5 25
an flour is quiet Small sales at s13 80 for good
family brands.
Sales of $50 bbls at $40 25as1o rs for common to fair
Baltimore and country extras.
Rye flour is rather lower Sales OF 4oo pois AZ % eo
Corn meal is temporarily and in good request
and the sales 800 obs a IS IS for Fairfax and $S
GaAIS-The market for wheat is lower; the offerings
are larger and in part for future. Mers are the only
buyern and they operate with extreme caution. We
1 haDd eample of Ohio, Qual1ty
very handsome, offered by Messrs. Kent 4 Co.
The sales 00u bush, at 2a2 1O for fair to good
No Milwaukee club; So 80 for amber Jersey; - 4oa2
sax for red amber southern and 81 7Oa2 70 for white
California.
Barley and barley malt are inactive and nominal,
Oats stronger. Tho sales arc SO,OoO oush mesern
NE sOas2c for hot and 8aS5c for good o s3: for
Ohio in store hot state at &C. good do in store at 9Sc
| Rye is inactive at former prices
Corn Ia under brisk demand, and moderate arrivals
improved 1a2c bushel and closes steady at the
/ advance. :. oo.oo. ,, =.
02 western mixed at $1a1 Oh aoat 81 O5 Tor choice
| In store; 98ca$l OF kiln dried
PRoyIs1oNs-At another slight decline tho pork mar
ket has been very fairly active closing with
The sales caah and regular are 1850 bb' a s23 Sa
2s 6sX NESS s2oa20 12 for extra prme 81 70 LOT
Beef is more active the demand being in part to re,
Sales of $40 bbls at s17as25 for plain mess and
Tiarce bee. and beef hams are dull and nominal
Cut meats ere ru Sales Of 100 packages at TIC for
sweet picked HAMS and 2Oa2lc for bsgged do.
| Bacon is quiet for want Of stock
Lard is rm and in fair demand. but the scarcity OF
prime lots restricts operations.
sales of 1COO bbls and tcs at 12a124c for No l2a
12Hc for city; 1Sa1Skc for fair to prime steam and kettle
dried. n,,,
90 rrx-There is good enquiry for Rio and holders
manifest fair degree Of Armness on prime grades for
Inferior qualities the demand is quite iSht We quote
Rio at 13c. ,
CorTos-Is steady but firm the demand pretty good
and considerable sales might by effected but for the Arm
ness of holders We quote at 27a27Hc for mddlng up
lapds and 2sa2SHc for do New Orleans and Texas
RIcE-Is is in very light demand, and prices snow no
change -.,,
and the market not very active Sales have been mado
at IL ual2Xc for Cuba 13a14c Tor clarified do, Ac for
Porto Rico, aud 1Hs13Hc for Havana, Refined are
rather quiet.
WH1sKEY-The market is heavy, and the demand Is
moderate sales OF IOO bbls at S6a40c for Western in
bond.