The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-10-03

there has been general sharp derssnd, under which
the rate on call loans has advanced to per Ct Some
outstanding loans are allowed to remain at and 3
per cent, but, as rule ner cent. has to DE PAID
OIL new transactions.
The baaks generally have little to lend, and the
current sreet demand is supplied mainly from pr1-
vate ba nkers. The banks are sending very little
money into the country, and the suo-IreasuIy ls
losing rather than gaining currency.
The increase in the balance last evening was only
appai ent. arising from the adjustment OF tne & ac
men, The receipts against sales OF gold are paid
out fast they come in; and the present balance
in the SubTreasury is now $1,000 600 lower than at
the beginning Of tie month, so that the Treasury
opera,ions cannot be said to have conduced in any
degree to the present activity of the market
It is very generally conceded that the sudden
change is due partially to speculative manipulaton
but the ease with which the rate has been put up
from per cent. to per cent shows that the late
low rates on call loans were. as we have steadily
maintained, not fair indication of the real condi-
ton of the loan market. The artificial means at
present being used to affect money have but precpi-
tatei an advance in the rate of interest which must
ultimately have come from otht r causes.
A large amount of grain Transactions are beng
temporarily pos.poned, and the demand from this
source as well as from the South, must render
more or less permanent the higher rates now pre-
yaiinG.
Discounts are active on the basis Of per cent for
prime paper.
PRODUCE MARKET.
NEW YORK, September 30-2P. M.-tLoUR, &C.
The flour market is heavy, and lOa12c lower
The sales are a700 bbls at ST S07 IS for superhne
Stae 81 55,7 IS for States 81 9OaS 90 for choice
do S8 0aS 90 or fancy do; sc 25a7 OO for supernne
western; 81 l5a7 90 for common to medium extra
western; IS lOa8 10 for choice do; So S0a10 30 for
good to choice white wheat extra 81 7onS 20 Tor COM
mon to good shipping brands extra round hoop Ohio
SIS 25a!O 10 for trade brands; So 5oal0 for common
to lair extra st. Louis, and $40 00ll4 OO for good to
choice do the market closing quiet.
Southern -four is dull and dropping Sales 45O
bbs., at SS 50a9 Is for common to fair extra, and
50 GOALS rs for Good to choice do.
California -four is heavy. sales 4C0 sacks at 80 oua
$40 IS.
GnAN-Ihe wheat market is 2c.a3c. lower Sales
$1,000 bushels at 81 5Sa1 IS for No Spring. q ga
67 for No. do; So 25 for Amber Michigan; 81 4Oa
so for white Michigan; 50 65 tor prime white Cali
fornia; and SO ls for red Ohio.
Corn is about 1c. lower. Sales $4,000 bushels at
81 12a1 15H for unsound 81 1Sa1 II for SOUND mixed
Western; and 81 18 for white Western.
Oats 1c. lower. Sales A. 600 bushels at '21a7Sc
for new Western, afoat.
R1cE-Is quiet and heavy for Carolina q! Saa9l&c
for common to prime new, and steady for Rangoon
at 3a3kc gold, in bond and 9za92Sc currency, dut!
paid.
CoFFEE-The market is steady, with, however,
nothing of moment doing.
MoLAssEs-The market Is firm, Will moderate
business doing. Sales since last 10 hhds at SIC
for Centrifugal, and 42c for clayed.
HAY-Is in moderate demand at 75c for shipping,
and 81 10al 40 for retail lots
SUGAR-Is steady, with moderate demcpd. SAFES
since our last 500 hnds at 11Hal1Nc TOR Cuba; 13c
for Porto Rico; 12a1Sc fer Centrifugal, ano $40 boxee
Havana at 12Aal3Hc.
Beef is dull Sales Of 125 bbls ut S13a2O 50 Tor new
plain mess and $40 5OaM as for new extra mess.
Tierce beef is dull at S21asS3 for PRIME and ss0a
$50 for India mess.
Beef hams are dull and heavy at S20as29.
Cut meats are heavy. Sales 160 pckgs at 111sal2Mc
for shoulders, and - 1Sa18c for hams.
Midiles are qui.t and heavy. Sales 90 boxes Cum
berland at 14Ia14hc.
Lard is heavy aud dropping. Sales 500 tics at from
184a19Hc for NO to prime steam, and l93sale14c
for kettle rendered.
Butter is dun at 31aSSc for Ohio, and 4Oa4sc for
State.