The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-09-01
New York Market.
MONEY MARKET.

MONEY MARKET.
The New York Commercial Advertiser, Of Satur-
day. August 29, says:
Money continues in abundant supply at per cent.
on call with exceptions at per cent. on government
coatrrals The banks have sent but little currency
West this week. Their advIces fIom the West how
ever warrant the expectation of an early renewal OF
the shipments in TINT direction. The westward flow
In august of last year corresponded with what we
have experienced this month. From the 10th OF
August to the Oath the legal tenders were reduced
100000 under remittances to the West, the rate
OF interest Notwithstanding, remaining at four per
cent On the 31st of August the legal tenders were
increased S3,ou0,000 on the previous week, and on
the 7h OF september again ST. 200, ,0C0 higher
but the rate of interest per cent. higher; from
the 7th to the 28th of september, there was re-
newed deuard for monev from the West, attended
iha loss OF Sl2 300 00o in legal tenders, and re
duction OF 000 in deposits, tie rate OF inter-
eat advancing to per cent; aad about the begin
ming of October demand leans we're made at per
cent In gold, the full legal rae being maintained up
to the close OF The year. There Is 10 reason tor e1-
pectng an easier course of the markets this year
than experienced last; on the contrary the nrg-
er value Of The crops TO be moved, and the probable.
ity of more active movement in merchandise, war
rants the supposi ion that money will be moro in
den and this fall than last. The sbipmcnts of cur
rency tor the last three weeks have reduced the
stock of bank notes in the banks and for this reason
the future remittances must be made chiefly in legal
tenders telirg much directly upon the rate OF
interest than have late shipments.
PRODUCE MARKET.
NEW YORK, August 29-2P. M.-FLoUR &c The
-four market is irregular and unsettled. Low grades
are steady. while medium and high grades are dull
and declining.
fine State 81 85as go for extra State; So 65a8 80 for
choice do S9a9 40 for flncy do; S6 9oa9 foi super
fine Western 81 9ea8 s. for commo n to medium
extra Wes EN- IS 90a9 IS for choice do; s10a12 25
FIR good to choice white wheat extra So 6a8 95 for
In GhipDinO hoop
Orio s9a12 25 or ade brands Sl0a11 Is for COM
mon to fair extra st. Louis and S11 Scala 70. good
to choice do, the market clo-ing quiet
Southern flour is dull. Sales $50 bbls at So GOa9 so
for common to fair extra and 6Cal4 Is for good to
choice do.
California flour is quiet. Sales 9UU SACKS at SIua
1910.
nally oger Sales 65oO bushels at So SO for new red
Indiana and 50a2 70 for white Michigan.
Corn opened shade 6rmer and closed dull and
drooping Sales GO 600 bushels at 81 16a1 % for un
sound, 23a1 25 Tor sound mixed western Nh oat and
/ 24H for old do In store.
Oats are 1c better. Sales $4,000 bushels at 791aa
soc for Western in store, 81 as2c for do ahoat and
72a741ac for new do.
for do, duty paid.
Sales since our last 10 600 bags on private terms
Other kinds are quiet and steady.
SUoAR-The market is rather more active, but
prices are without decided change. Sales since our
last 25OO bhds at 1oal0Zc for Cuba; l3c for Porto
Rico. and 25 boxes clarified at 1870.
MoLlssEs-ls in rather better REQUEST, with sales
eice our last 800 hhds at 66,62c for Porto hico and
50c for Demerara.
HAY-ls very firm at 70as5c for shipping, and s1a
] so Tor retail lots.
PRoy1sIoNs-Pork is quiet and heavy. Sales 1900
bbls ut s2S 75a2S IS for mess, closing at S2s s0 reg
ular S28 Is for old do; s23 5OaS24 for prime;
SC6 75af96 for prime ueGS.
Beef is steady sales 100 bbls. at $40 25a20 so for
new plain mess and 500 50a24 rs for new eI ra
mess Also 20 terces at s21a33 for prime mess, and
Beef hams are quiet at s25asl for State and West
Cut meats are scarce and quiet, but steady. Sa'es
125 pkgs at 1870 al4c for shoulders, and l6cal9]sc
for hams.
Lard is unchanged. Sales $40 tcs at from 1874
1sc for No to prime steam, and 19al94c for iet-
tle-rendered.
Butter is quietat s4assc for Ohio, and 37a45c for
State.
WH1sKEY-Is dull and nominal.
CoITsN-Is quiet Sales 800 bales at 3O1ac ior
middGng uplands.
Messrs Cornwall ( Zerega, in their weekly circu-
lar. thus quote the market:
Our market for the week has been steady, closing
dull and quiet at &c per pound advance on the
opening quotations of Saturday The total sales f1r
the week have be Bal bales of which $3.50 bales
to spnners. 1874 to spectators, and 1897 bales
to exporters
The stock of cotton here is now 30 very small that
although most Of the stock is offered for sale, the as
soriment on brokers' tables is poor. The demand
from spinners continues steady and mostly for the
good grades.
The advices from some portions of Alabama, Geor-
gia and Florida OF the cotton crop bavs been unav-
orAble but the reports from the other sections con.
unue good.
The exports fron this port for the week have been
oils bales.