The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-09-28
New York Market.

MONEY MARkET.
TIE New York Commercial Adrertiter Of Wednesday
25th says:
Money shows rather more ease The applications from
brokers quite active bu the demand Is more radly
Treasury, in payment for Seven thrties are the chief
cause OF the improved tone The purchases yester ny
and to-day will aggregate close upon five millions; but
I Government has now reduced its bid for Seven
thirtes 1861 which may be regarded as an lntmauon
that at present 1t has done with buying. and has no
olrther relief TO offer to the money market The large
remances of currency West last week. have for the
moment, e2sed the Western Market and the demand
upon the New York Banks consequently shows partial
abatement Western Banks, however, advise their cor
respondents of the abt CT further largo de-
mand money the country trade Icing unusually active
The South is beginning to draw ur On he banks mere put
yet to only moderate extent Applications hn noen
made for the emtancc OF large amounts TO that section
early in October
The universal rate this morning call oana is per
cent Discounts quiet ng to the scarcity of buy
ers Of paper. Primo names rnge at 7asc per cent
Governments continue dull. There is still a steady
realizing the prt OF large holders but the
sellers OF seven-thrties tai up the offerings and PIE
vent any material decline. The market was weak at the
second call.
The New York Evening Iost of Wednesday, 25th nst
states that the maret is less excited and lenders
have more confidence % lend. Good borrowers ap-
proved securities all tho money they want at CAT
per The effect OF the spasm seem to have partly
spent their force for the present 80 far as the money
market is d. they have relaxed off, leaving the
rate OF interest ere would have gradually risen by
natural I'd artificial expedents been invoked
to precpitate hange from the anomalous plethora and
quietude of thre weeks ago. when it was difficult 10
lend at than 3a5 per cent. Commercial paper Is
dull and passes at 7aS]s for choice names.
The stock market is better Governments are hrmcr.
and railroad shares advancing under active specu
lative demand to cover short contracts
PRODUCE MARKET.
NEW YORK September 25-FLouR. &c.-The market
for Western and State flour i5 generally dull, though
the business exceeds that OF yesert All grades are
lower especially the low and medium brands which are
| l0a20c Of.
California flour is in fair demand and firm; sales OF
nj l,Ioa aa1c n11
Southern Flour is steady Sales Of $50 bbs at 50 goa
IL 20 for common to good extra Baltimore and country
Sll S0al3 IS for extra Georgia and virginia ano sil oala
for trade and family brands from Delaware and Mary
land
GRA1N-The wheat market is fairly active and with
more favorable from Europe prices of all dcscrp
tons 1a2c per bushel better Tho demand s mainly
for export though to some extent for local USE The
supply of choice spring is very light hence the extreme
| prices obtained.
Oats improved early in the day under good demand
present and future delivery but closed quiet a the i'm
provement Tho sales 600 bushels Western at 4a
| 75c. and State at 64a65c, part to arrive.
Corn is again better under moderate receipts. Ine
demand is good, and for home use mostly. The sales
bushels Western mixed at 81 3oal 81 In store
and 81 32a1 SO afoat; yellow at 81 35.
RIcE-Is quiet and unchanged, We quote nominally
at S]5a3Ac gold in bond, for Rargoon 9a9c currency
duty PAID for do and 1al2c for Carolina forced sale
has been made OF 1000 bags Raagoon double baggei at
33zc gold in bond, from store.
SUGAR.-Raw sugars ore IN more active demand, the
sales being with refners and tho trade. With come IN
qury for export prices generally steady We quote
Inferior to common refining, 10<allc far 10 good re-
ning, 1Sal13Gc; fair to good grocery prime
grocery, 125Sal3c Porto Rico. 1%al4c; Molado 1agc
Havana bxs No. 10 II, 11al2c; do No. IL. 1895 do
Nc 13 to TO- 127a13SSc; do No. l6 to 90 14al6Ac do
No. II, in bond gold, 57Sa51Ec Manila bags, lo'la
lie.
PRov1s1oSs-Thc demand for pork las been fair at
rather 1er rates but the market closes quiet at inside
figures.
The sales cash and regular are 1000 bbs at $2l 05a
"a Is for mcss' and so4 .a24 25 for job lots do
Fer future delivery note 500 bbls mess, seller Oc-
tobcr, at S24.
Beef is without change to note Sales at s17a25 for
plain mcss and S23a2T for extra mess.
Bacon is moderate demand. Sales OF 65 boxes ut
1870 for Stratford cut and i9]c for long cear-both
ice-cured
Lard is rather better, closing frmer
CotFEE-There Is scarcity OF prime Rio; holders In
consequence are hrm and generally dOmand an advance
but the market for other qualities has ruled dull and
prices slightly lower We quote in coin: Rio, prime
's2al9c Rio. good 17Al71zc; Rio fair l54sl62lc; Rio
ordinary 14al4sc Java 94a25; Maracabo 17a1skc La
euayra 17a1S4c ST Domingo 1a16c Rio fair TO good
cargoes 15lal7c; Rio. fair to good cargoes I'm bond
l0Ga12hc.
CopprR-American ingots are lower and dull; sales ct
259Ia26M for Baltimore and Lake. New shcathng and
yellow metal are unchanged.
CoTroS.-Tho market is so dull that nominal prices
only can VIC give 90 for Midding 1ands, and 23Hc
do New Orleans 23c. is about all Middug Uplands will
bring especially large order The demand is alto
gethcr limited.
for shippinp and 81 1Oal so fo- retail lots.
McItssrsIs in fair demand and prices are firm. We
quote: Cuba Muscovado. 4Sa'5c' Cuoa cia.eo' 9ca4sc
Cubs centrifugal. Ja3'c; foit' ''' f'u'o|' i-iesn
Island. 45ao5c.
NnvAi sloars- Crude tlrpentne Is dull and non ina
~ ,, c.nnnJ lar IN quot. We quote a. follows :
sia,rs Inr.Gntins. nee per gallon, 58a59c; Spirits
TIlpenlinc in bond. per gallon 6Oc Crude Iur
,.uti,, II, Ills ,et 40 lbr, SO ROHs, conmon, i'll
tLI. ,, ..y lbs al 10; ltusnn. strained, In bDls.
te. ~ ns "a - ltosIns. No .. III Lbs, per 2sO 2s
Ds ~ sg orn= No Ia hls Per 2so lps, ~ - 5oa 1o
eOi, lo.si,s pale Ia hLr per 2aJ lbs. % o,a1 ~:
b...,,. -. Dais Ia ibis per $50 iIn. ~ iaas 6O
i..a, s!Ado" eia-s bbs. per 2so lns & s'n' u oU;
IaT Nor. county IL. LLs PEI hh - ooai: Iat' ,,s Mi
Dcr Lia - TO- i4aL southern. Ia bbs. per DBL
80 10