The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-05-27
New York Market.

MONEY MARKET.
The New York Even,ng Post OF Thursday, May 23,
The rumors, though authoradvely contradicted, of
the failure Of the firm of La Payerre Brother o New
Orleans have been circulated here this morning. aud
have helped to produce the prevailing depression This
effect has also been augmented by exaggerated state
ments of the losses of dealers in foreign exchange by
the suspension OF Fraser, Trenholm Co. This trm
believed to have assets to the vaue OF three to four
millions OF dollars The sterling bills of exchange afoat
are said not to exceed $780,
Tho loan market is easy and on good securities the
rates for demand accommodation are p cent, with c1-
ccpopal transactions ut and Commercial paper is
The accumulation of capital seeking employment large,
aud us tie now Of currency is setting toward this city
the money market IL likely to work with increasing ease
PRODUCE MAnKET.
Me-, YORK, May 23.-FLoUR &c-The market for
Western and State flour is irreguar the low grades
5a1Oc better and active. while tue high grades are
dull, heavy and lower. The trades arc buying more
Tie sales aro Goo bbs at $40 2Oa1 IS Tor superHne
State s1l 76a1+ 10 tor Extra State S12al3 10 tor the
low grades of spring wheat Western txt1a; sls Is
ala IS for shipping Ohio sl4 40al6 IS for trade md
family brands OF Ohio, Michigan, and Indiana, and
s15 4OalS so for st. Louis eIras.
California -four is heavy ut S16alG IS. Sales 200 bols
&C Canadian -four is firm Sales of l6O bbls at s4 Goa
Is Is for the low grades Of extra and sl5 2aa17 Is for
trade and family brands.
southern -four dull but steady Salos of los bbls ut
sl3a14 G5 for common to fair Baltimore and country
tras aud Sl5al7 50 for trade and family brands.
Rye Is unchanged. Sales Of GOO bbls at s8a9 So
Corn meal steady Sales Of 400 bbls at S. gu for city
and ST 80 for Brandywine afont.
GRAIS-The whent market is firm, but quiet for good
uualitics Common offered freely, and are heavy
The demand is moderate, aud is c0nAued to mlers
The sales are 400 bushels OF choice amber at So 50 1000
bushels California at So co.
Barley is inactive at unchanged prices.
Oats better and moro active The sales are so, 600
bushels Canadian scarce and wanted; western at
s6a89c-the latter small lots; state a 82c southern
at 91c.
Rye is firm but not very active Tic sales $4,000
bushels OF Western at 81 rs, and state at 81 80.
Corn is decidedly better and more actye The sales
arc 30 OOU bushels, chiefly new unSound, Mt 81; Dcw
western mixed at 81 Hal @ old o 81 98a1 &c. in store
and 81 ", delivered; Southern white at 81 24al 25
PRovIs1oNs-Thc demand for pork has been Ii h, and
the market closes dull The outside figures OF yesterday
are not sustained For future delivery note $50 bbs
mess a S23 double REGULAR aud 5OU bbs do ut SOB 25
seller July.
The sales cash and regular 1900 bsb at S22 for old
mess SD 95 for new do; S22 for western prime
mess and S22 50 Tor city prime mess
Dcef is trie active and rn. Sales OF 225 bbls
Mt Sl3a1 for fair plaln S1R21 for good
to choice do a,ld S2la25 for extra do
Tierce beef is dull and nominally unchanged
Beef hams are moderately active Sales OF G8 bbls at
s41 ior Western.
Cut meats arc quiet
Bacon is steady Sales OF 1873 boxes short clear mt 1875
al2Ac.
Lard il firmly held and fairly aotire.
Sales of sou Sbls and tcs at 12Aa12lc for No l2Sa
13. for city 13Hal33sc TOR fair to prime steam.
CoPFEE-Rio is frm but tho business ia not large.
Other kinds are dull.