The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-07-31
rHE oHARLEsros MARKET.
Troa THE WEEK ENDING THURSDAY, JULY 80

Iroa THE WEEK ENpNe THURSDAY, JULY 30l
coTToN.-The uncertainty of the cotton trade'is
well illustrated by The present state of the article
At time when American stocks are in state OF e1'
haustion, almost without precedent with promising
grain crops in most quarters of the world, with
ueace generally preserved; with the growing crop
Of cotton in this country still liable 10 deVasta1on
from insects runproptous seasons, and with almost
certainty that the yield cannot much exceed, un'
der the most favorable conditions, half the yield just
before the war, and With the existence Of almost
every element 10 warrant high prices and yet that
the article should be steadily going down, seems to
be one of those inconsistencies which have at times
been special feature attending traffic In the more
The downward course Of prices during the week
viii be seen by the following statement OF the opera
tions IN the controlling markets, as reported In the
telegrams: At Liverpool on Friday the article was
steady; s,les 10000 bales, middlinss 1011d. On
Saturday the staple was quiet and easier; sales
200 bales, uplands 1oxd to 1O2Sd. On Monday
nrces declined; sales 5000 bales, uplands 9%d.
to 1od. On Tuesdsy the market was heavy;
sales 5000 bales, middlings 9Ad. On Wednesday
the article was very heavy; sales 1000 bales; upanos
sHd. Yesterday the staple was steady; uplands
sHd q ID. At New York, on Friday, the starie was
quiet at Slc On Saturday the market was dull and
shade lower; Gales 600 bales at S01SaS1c On Monday
the article was dull and heavy sales 300 bales at SOc
On Tuesday the market wac heavy, and declined &c;
sales 1000 bales at 29c. On Wednesday the article
clio led quet and droopng sales 1900 bales at 2sasoc
Yesterday the market was quiet; uplands 2oa29Hc;
while in this market the demand has oesn very nn-
tied, and the offers Of purchasers KEEP receding IN
sympathy with declining rates at other points, but
holders yield with reluctance to falling rates, and
some decline TO sell, hoping for reaction; middpg
uplards which opened nominal at SOC 8 ID, fell onto
2sa2s3sc q it sttbe close.
The arrivals during the week have been bales
of sea islands and Fodas, and 200 bales Of uplands,
against bales Of sea islands and Floridas and 1s7
bales of uplands the weet before, and bales Of
sea islands and Floridas and 673 bales Of uplands
for the corresponding week last year. The daily
sales and prices for the week have been as TO lows
On Friday, July d, there was some inquiry, but It
was based on tender CT lower rates, which sellers
were unwilling to accept and there were Do transac-
tions-middipgs feing nominal at about aoc. {. ib.
On Saturday there was no inquiry. and the market
was at stand.
On Monday the article continued TO recede in
yslue-sales 81 bales, TO one purchaser-middlings
being nominal at 2sc. 9, ID.
On Tuesday prices continued 10 fdn of-seles 81
bales-middlings 2a@2S1sc.
On Wednesday there we're no sales.
Yesterday the market was dull, and 10 sales took
place, middlings being nominal st 2s@2s}sc q ID.
SEA island corIoN.-Tbis quality Of the fibre
continues full and nominal for want Of stock. The
reports from the growing crops in this vicinity have
been favorable.
RICE-Bu uyers show no disposition 70 operate in
this grain, unless at decided concessions, and the
week has past without any sales Of note quotations,
therefore, canno. be reliably given. Information
from the rice fields OF this State and Georgia indicate
better yield than has taken place since the war; and
should no disaster occur, crop OF 45eoo nerces IN
both States may be looked for.
NAVAL sTCRES.-1he arrivals have been about
1900 bbls. of al qualities. Some 300 bbls rosin were
sold at 50 for No. 81 50a2 rs for No. J. So so ior
low pne; 400 casks Of spirits were sold at &C. 81 and
49,, for extra The lot sold at &c., were in Rerosine
bbls Some 500 bt,s. OF crude turpentine was sod a.
So 60 p bo for virgin and yellow dip
HAY.-The inquiry fer this article IS limited 20 ;he
wants of the local trade. There have been received
about GOO bales Eastern qualities. North River de-
scriptions may be quoted at about 81 + hundred.
CoEN-The supplies ofthis grain from the in'e-
rior have been very limited, which, with sooa IN
euirv, mas caused firm and advancing market du.-
ing the week. and prices lave st: ned holders seii'
ing at 81 Sc at4he beginning OF the week, which in
proved 10 81 IS = bushe weight sacks ING uded' ct
tic close Some 5000 bushels OF Maryland and CVo0
bushels from New York were rec eived by steiner,
and we're ling in lots at 81 IS g busEe, weight,
sacks included The corn now being received from
Baltimore has an inferior app earance and does not
give satisfaction IT is stated that prime white car-
not at present be had in any quantity in the Bal
.imore marke..
oATs-Haye been received in limited 1uanhae