The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-09-23
New York Market.
MONEY MARIE


The New York Evening Post. OF Friday. September
20th says
The two greatest defects Of financial system are
brought into clear light by the furry in Wall street. One
is the want of elasticity in the currency is well known
that at this time of the year some 70 tnlrty
millions of extra currency wanted to move the crop
This want formerly supplied to large Degree by
the banks the West and Of the New England Staes now
there is noprovision for any elasticity.
Our banka have as much currency outstanding in June
and JULY whenit is drug and is not wanted, as IN
October and November when it is necessity and is
scarce.
Treasury to tighten relax the money market Such
power exered in various ways but the use most fire.
quenty complained OF during the last few days Is the
locking up OF greenbacks.
NE have referred to these complaints they TAX
ing more positive. definite form in Wall street.
The Treasury it is claimed, has taken out Of the
banks several millions ofgreenbacEs with view to put
down gold and sevenhires. If such was the object in
view the result has been much wider ar more destruc
tive For 1t has produced an nclpient anic IN which
small CLIQUE spectators have made themselves r1ch
while the public have been injured by the disturbance
OF the money market.
This disturbance at the present moment attracts the
more comment it intereres with the arrangements
for moving the western crops.
The loan market is active at Cat per cent. CONNER
cial paper passes at 7aSc.
The stock market Is unsettled and feYersh Govern
mens are rather better. Railroad shares weak and
pancky.
PRODUCE MARKET.
NEW YORK, September 2U-FLOUR, Gc.--Ine market
for Western and State -four is less actvo and prices
are irregular The low grades easier. mediums more
saleable, and family better.
The sales are 87OO bbls at So 4Oa9 10 Superine
Stae 50 9Oa1l 90 for Extra State: s1l 10a1l 80 for
fancy do; SO 90a1 90 for the low grades of Western
Extras sll 25eIa 10 for good to choice Spring Wheat
Extras Uppec Lake brands $40 00a10 so for shipping
Ohio; $ oal3 rs for trade do 12 40a3 80 Tor single
and double Extra White Wheat, Michigan and Indiana
sll 1Oa12 25 for Amber do, and sl2 40a5 rs for st
Louis Extras.
aIioorn;. E1our ia mora active and frmer Sales of
400 bbls aud sacks at $1l Goals so.
Southern flour is firm and in fair demand.
Sales of G50 bbs at SO Sail 10 for common to good
Extra Baltimore and country; sl1 GOA 10 so for Extra
Georgia and Virginia. 81 Goals rs for trade and
family brands from Delaware and Maryland
GRAIN-The wheat market is irregular. The supply is
moderate and confined chiefly to complete cargoes.
The sales bushels 50 IA for No. Chicago
Spring. 81 80 for No do. and SO 26 for Extra No.
Mchigan SO so for Amber State: 50 65a2 G7 for white
California and very choice do. at 50 IS.
Oats opened stronger, but closed quiet The sales are
2O 900 bushels chiefly to arrive. Western at II a72c
state at &c.
Corn opened rather stronger with good inquiry but
closes rather quiet at the improvement The demand is
chiefly speculative.
The sales are Western mixed 81 24a1 Is in store and
81 25a1 26 afoat chiefly at 81 20 for No l.
PRovIsroNs.The pork market has been less active at
lower prices and closes quiet.
The sales, cash and regular 1000 Dbs al S24 189i
ai2t 25 tor mess.
Beef is without change to note Sales OF 80 bbls al SIT
as25 for pl in mess. and s23a$a7 for extra mess.
Terce beef is quiet. Sales of SO tcs city prime
or private terms.
Beef hams remain nominal.
Cut meats are dull. Sales OF 5000 pieces from the
block at l2c for bellies 1Oc Tor shoulders and l6c for
hams.
Bacon is dull.
Lard is fairly active and steady.
Sales of $50 bbls and tcs, at 132 for No. lsa
for city, and 144a14c for fair to prime steam and
kettle rendered
BuTrER.-The market for all grades is firm, Western
grades i'll pariculRr-these The quotations
are Goshen and Orange County. pails q 10. 36a40c
State frkins and tubs fair to choice 32a35c Illinois,
Iowa and Minnesota 15a2Oc; Western Reserve good to
choice 22a26c State tubs Welsh good to choice 29a3c
Ohio, common to fair 14al8c.
The demand is good at the Improvement We quote
State, factory good to choice. per pound. new 1871
alec; State fair to good 12halS1lc; State dairies
choice 1la12c; English dairy, Conn.,, 12s13c; English
dairy. Ohio. lla1sc; Vermont dairy common to choice.
lOal2c pineapple 12al4c; Ohio prime, l0allc; Ohio
factory good to choice, l2al3c
CoFFEE.There ia only moderate inquiry for all
grades Prices, in the absence OF large sales are un
changed
CoTroN-Cotton is quiet the demand not very brisk
Prices are as compared with last. trife on. We
quote at 9a25c for midding uplands, and 264a28c for
do New rleans.
MoLAssEs-We note good demand at steady rates.
Sales OF cuba Muscovado at 66c.
NAVAL STohEs-Spirits OF turpentine rather dull and
lower Resins evncc mol change. Our quotations
Turpentine in bond per gallon, 5la51hc Crude Tui-
pentine bbls, per $50 lbs, IS Resins. common in
bbs per $50 lbs s4a4 12k: Resins, strained in bbls.
lbs 81 80; Rosins No l. III bbls. per 2sO lbs 81 75a
6 co. Rosins pale, in bbls. pcr 2s0 lbs. ST 6la7 co.
Roslns. extra pale. in b6s, per 2so lbs. 81 75as 50
Tar, North County, In bbls, per bbl, s9a3 50 Tar. Will
mngton in bbs per bbl So 62aS 75 Pitch, CITY, in bbls
per Dbl, SO IS; Pitch, Southern, in bbls, per bbl
So IS.
dony and prices are irregular. We quote fair good
refining at llhall14c. Sales OF Demerara at l9sal2c
Porto Rico at 12a121c and Havana at llallc Refined
are steady at, say 1GssalGs4c for hards
ICorrespondence Of the Journal of Con,merce.l
HAVANA September 1i.-Our sugar market continues
dull snd few transactions have taken place. Tor reason n
the emcry holders. who will not decline from their
figures Nos II and l2 at S4 to s4s on winch OASIS
quotations given as nomina-say ol white through
at s5'4 to sG74 per 100 lbs yeows do at ,o 10 s'3s
40: browns at S4 TO S4sl do cucuruchos Nos to III
do at $3A to AK do; Muscovado small stock, and
prices remain firm at s3l to s3 for common to strong
refining. and grocery qualities at 81 to "a = do
Shipments during the week hence and from Matanzas,
g93 boxes and 288 hhds Of which tn the United States
to the ports OF New York &c boxes Boston, 1878 boxes
Balumore lG56 do. and 63 hhds; Philadelphia, 4IT
boxes and to New orleans 1C5I boxes and 225 hhds.
Total the United States, Sill boxes and 2S8 hhds;
balance European and other ports, OF which for Slsa
10 boxes, aud 60 for st. demonstrating stocks at
Havana and Matanzas equal to 20, $40 boxes aud S4
hds against tor period of 1861 Of 2e1 All boxes
and J1J2 hhds.
MoL-ssEs-At outport deliveries stands firm at 4l4a
rails per keg tor cayea and a554 do Tor muscovs
dcea Al Cardenas few contracts have been made for
new crop TO be delivered early in the season. at the
rent rates of the past week HoneyNo sales here; at
Matanzas sales made at 56Ec ler gallon. Wax-White
Havana slow at S44a46 yellow do at S3a32 Rum in de-
lnand Tor Europe S3a32 chestnut ves and S37a35 In
oak do per pipe. ready f)r shipment.
FREIGHIs.-Light shipping list and business dull. |
Chartered New York, Weldon, 260O boxes sugar.
direct ut 50 each for Boston, Br bark Minnie lat Car
cnas 1900 boxes sugars to land at 81 so do the
r bark Victoria to load lumber at Pensacola for Cork
FL II per so cubic feet Queens daiper measure, de-
vcred; Spanish bark 3O00 boxes for Falmouth at f1
IS per ton, let spanish weight
EzcHANoEs-Acttve at the close Of the week, with
)pcn telegraph more business might have been done
London GO days sight, at 19Ha19S premium; United |
states currency do 24a24z discount payable Boston or
New York; do good bills. 60 days do, at Ta8 premium;
10 short sight at 9asx do. BY.