The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-01-07
MONETARY Il COMMERCIAL.
Especial to the Evansville Jou nall
Weekly New York Market Review.


NEW YORK, Dec. 81. 1866.
Editors Journal:
The volume of trade for the past week
has been small, but prices on the whole
have been well supported, and the indica-
tioas are, that early in the new year,
greater activity will prevail in our mar
kets. The advance in gold on Friday and
Saturday, has had the effect of strengthen
ing prices. thought is worthy of note, that
prices are but little, If any, lower than
when gold ruled at 38 to 40 ea a- 5H
THE MONEY MAKKrT-Was rather strin-
gent during the week, though at the close
there was more ease. Money is in larger
supply, but with an active demand. Loans
on OBSERVATION-DISCLOSURES are placed at 9 10
per cent, ami the best commercial paper
at short date rates ut to Sper cent rr.
GoLD-0pelIed on Monday at 1854, steadl-
~ declined tiIfThursday when it, touci- ed
1917, advanced on Friday o 1887, on Sat
urday it reached l34l4, and clos at 335s,
at which pl1ce it has ranged this morning
The LIST ia uary payments of about eleven
millions gold intere>l, is thought to be al
ready discounted. and that the large ''shOrt
interest" ON transaction at the gold room
will put up rates, as soon as the parties be-
gin to "crow." On the other haLd, IL Is
argued that the export is so small Qast
week 81, O72, 100, and the quantity in the U
y. Trea ury and held by the Associated
Banks so large. while the demand tor GUS
toms is now down to one million dollars
per week, thai therefore there IS no actual
need for the article and the premium
must go to still lower figures.
FOREIGN ExcH ANGELS firmer than at
the beginning of the week. Bankers sixty
days. Sterling, 1924; Commercial bills,
IUS16 to 1884 ~, .+s5s5. srFt.s-ex,s q
UNITED STATES SECURrTIES-With the
de, lneln gold premiums nave been quiet
and weak, Without any foreign lnovemenL
either way. The Five-Twenties of 1862 are
quoted al 1857; and Seven Thirties, old is
sues, lU43z To I05. fss
In the FOREIGN COMMERCE. of this port,
the imports Tor some weeks have been
much smaller than before, and ascompar-
ed with same time la t year, the imports
fortne week ending 18th December, were
tins year s., at, 1874, against corresponding
week last year S., 72S, l7s. The value OF RI
ports exclusive of specie) for the week end
ing 18th December, is stated as $3,234.6l0.
against corresponding week last year %
rs. #>-raF ss..-ees.9sE rFttef.le
BREADSTuFFs.-In the beginning of the
week, owing to Christmas" and a weak
gold market, very little was done, and
prices were tower. Since Wednesday there
has been more activity, and pr 'es gene'-
ally frmer. In Flour the low and medium
grades declined, but a better demand set
IN, under W hich, and with small receipts
prices have improved. Family brands are
held firmly, and not offered at any great
extent. We quote Western extra, $40 10 TO
IL 80; Southern and st. Louis extra, Sl3 So
to 10 so. Wheat was quie, but firm. closing
witha good demand. and prices tending
upwards. Indian Corn has been in less de-
mand, with only a moderate demand for
exports, and larger stock on hand than
anticipated. Western mixed is dull at 81 10
to II in store. r5-t.F . q
PROVISIONS Have f1uctuated, but the
market was frmer at the close. " quote
Ness Pork, SIG 20 to $40 81; NetO Ness. so 25
to S21 90. Lard was in limited demand.
the decline in Gold checking exports; old
Western is quoted at Il to l21lc; new do,
1913 o125sc. Hea rLl
ToBACco-Has been very dull. In Ken
lucky Leaf the sales are reported as only
20 hhds.. mainly for export, at prices
ranging from to Ice.
CoFFEE-Is duh bat steady. Prime Rio
Is worth 1Sc; good, II to 1715c gold.
SUGAR-In absence of transactions is
nominal. We quote fair to good Refining,
81 to loo; Soft Yellow, IL to l3c: Soft
White, 1871 to l414c. No change in Re-
fined. b.
FREIGHTs-Are inactive, except In Cot
ton. The rates to Liverpool are &c by sail
and &c by steamer. On Tobacco, rates are
nominally unchanged.
CoTToN-The decline in gold prevented
many foreign buyers from filling orders,
and, being holiday week, many of both
buyers and sellers were out of The market;
but during the week fair business was
done with spinners. Middiing Uplands
closed on Saturday at 3315 to SAC. To-Day,
under the news of an advance in Liver
pool TO 3D., the market has advanced, and
may be quoted fully one cent higher. The
fai!h in short crop and consequent highe
prices is becoming more general; but
stocks are large and increasing. Every
advance in England brings an increased
quantity on this Market and in doing so,
prevents any great enhancement of price.
Besides this, there is the great uncertainty
change, which makes shippers very eau
| tious in their operations.
Yours, truly,
FOSTER, COPELAND & Co.
Especial to the Journal.
Weekly Review of the Cincinnati
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