The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-08-22
New York Market.
MONEY AlRRr


Tho Now York Evening Pot Of Monday, tho 10Th
inst, says:
Gold Is higher. Tho lending rate has ranged from
ls1 to interest The spectators have put cirru.
Mr. Meculloch Tho rumor is positively denied, and
the enoct has been less than anticipated Tho
srnment Is reported 70 have sold million Of dollars in
The loan market easy and inactive 1t vas 1as
eoli.terss sac. io esTren ratio being Tho discount
denhnd ts limited at ea6sa7 for choice securities.
podts have fallen ss2 ILL., aud thore Ia decline In
the 1egtltender Of 36573638 In consequence
The fact That when Tho August compounds are presented
for payment st the Treasury the payment rnsde TO
These notes equally available With ereenhscts for
payments from tho banhs and for rsmttances in their
county ccsresrnrd.nt=. -
The amount Of national bank notes held by our cIty
banfs 10 not reported but tho foregoing explanation
cssSt the sags.ts % o. baIh notes mus. have recey
which viii ensb bio tho banks 10 any probabis rsp
to the West Without any serious impairlng Of their 70
serves OF gTeenbacts 1hese rcseryes considerably
law viii Do BY ths f.ct hat iho aggregate
per cent on this would give a. tho eItsene
legal tender reserve demanded by tho law.
ths b.nts actually hold Of lesa tenders or
si2et7os more than tho law requires Psrt Of thcso
WHOLE lis clear that Tho hanks arc 80 strong IN their
rc.erso that they could boar rnn OF IL miIons with
We aid moi reckon their mons o ssS sse5Ssss
reeerye which thr law allows lis 10 do .''-~' -
snonld Do remembered that tho draining ont NJ
we've mllions Of currency Westward would lower the
dePos we've millions, and thus leesen The reaery, "a
spRear thst our banks could bear drain Of aftssn
millions Of currency without failing below Their Isoai
reserve. ~ "SAi
The stock market Ia dull and without animation o
ernments are fraction lower Railroad ah,ros .,o ~
settled and therc 10 disposition 20 sell csusna an
irregular and fuctuaung movement in quotstionn
PRODUCE MAHKET.
NEW YORK, August 19-FLouR, &c.-Tho ma,tat nv
Western and state Flour actyo but prices .rn
rhn irregular New fonrs OF doubtful character are
lower and heavy, while old wheat fours In demand
and bettsf
Tho sales are 10tOO bbls at 81 Goas GO for supersno
Slate 80 16s12 30 for Extra staa 50 10olI 90 for tbo
low grades OF spring Wheat Western EItra 80 alo so
for shpping Ohio; $40 4Ual2 20 for trade and snIy
brands Of Ohio Michigan and Indiana and sI2 oall Is
for St. Louis eHtras. '--.'''-- "
Calitorns -four In dull salos Of 100 bbl At s1ss1t 60
Boulhern four 10 more active and steadier gales OF
100 nbi h $40 2oll2 for Baltimore and country extras
Ana tl2alA fof tradc and nnni.y brands.
and % for Western. '~'N'' N''N'
aaIsi he wheat market IL f,irly active, and price.
millers chiefly. 80 - ~ ~-1'.'>' ~
The .,!es 900 bu,h y, a for No. Mi,vsutso
oub " SA2 98 for amber state tho latter price pxid 10
anye;E eIHs9 56 lor Inferior e fair white caniorns;
"a IS for white Miehi1sn and "a s0a2 oS FOR amber 40
Oats arc MIRO abundant Tho nov on The snsrSeL
which arc boins pressed for sale, 'unsetas paiocs
Wc noca tho frst arrival Of Btate Tho ousiIty oood
oonsCned to Messfs Cssaiy ceven, and soa by fScm
TSs ssss aro ooc bu.h In lots; Western st,s4e Ohio
n esaooo; Now Jersey and Southern a ssssac,