The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-02-28
THE CHARLESTON MARKET.

rFoR THE WEEK LNDINd TH HURsDAy, FEBRUARY 2I.l
COTTON-After period of much activity In the
English market In which Middling Upland advanced
to lO1d. p h., the manufacturing and speculative
demand became lessened, and prices have re-
ceded at that point to 97Sd. 2 b., tho New
York market during the same period commenc-
inr at PAX, afterwards receded TO 22@221ac. q ID.
for New York Middling. Tie staple here COM
menced at 22 but under the depressed state OF the
leading markets, fell off to 20 cts. q rs. for Middlng
Upland closing yesterday at 2lc q h. for this grade
While the Cotton trade has, during many periods OF
its history deed the calculations Of the most scrut-
nzing, it may not be improper to state that the i'm
proved demand for cotton goods, the very limited
stocks held at the great centres and the uncertainty
in reference to the amount to grown in the future
are elements which should not only maintlin pre-
sent rates, but cause decided advance Tne arr1v-
ala of Sea Island descriptions have almost ceased; OF
Floridas they have been quito oderate, while p
land qualities continue to come to hand freely, the
receipts of Sea Islands and Flordas for the week
having been 1877 bales, and of Uplands 11,Sl6 bales
against S72 bal. Sea Islands and Floridas, and
TO- 4s bales of upands the week before and 5ss bales
of Sea Islands and Floridas, and 293O bales of Up
The following is statement of the sales and prices
of the fibre in this market for the week just termi
mated
On Friday February 2Ist, the staple became dull
and declining in consequence of an absence OF buy
ers and depressed market at New York. prices
yielding during the day X to 10. q ib. Sales 400
bales; Ordinary to Good Ordinary being quoted at
1920; Low Mddling ut 81; Middling at 20, and
Strict Middline at 23c. q fb.
On Sat, rday the market continued dropping, and
buyers being only in limited attendance, prices re-
ceded about Hc. q 1b.; some sellers. refusing to
meet the lower rates. Sales about 400 bales; Ordi-
nary to Good Ordinary being quoted at 171S@191S;
Low Middling at 2O@2O]5; Midd.ing at 21@21H, and
Strict Midding at 22,@221sc. q fb.
On Monday holders having generally submitted 10
the rates offered by buyers. the market became ac-
tve and about 1900 bales changed hands at decline
of H9lc. q ib.; Ordinary TO Good Ordinary being
quoted at 17@iSl; Lnw Middling at 19@lsK; Mid
ding ut 2C@2Ols, and Strict Midding at 21@211zc
Q 1b.
On Tuesday the market fell of in most transac-
ons about 1lc. q fb. Sales 115O bales; Ordinary to
Good Ordinary being quoted at 17@18; Low Mid
ding at ls@l9h; Middling at 90, and Strict Mid.
dhnsat 2Oh@2l3S.
On Wednesday an active inquiry prevailed, and
prices advanced &c. q tb Sales 100 bales Ordi-
nary to Good Ordinary being quoted at 1S@20 Low
Mddling at q; Middng at 81 X and Strict Mddling
at 22t022hc. q 10.
Yesterday, under depressing news from Liverpool,
prices receded la@1c. a b. Sales 1000 bales; say
at 16; IL ut II; at 17a; 1874 at 49, 81 at 1875 1S at
10; 40 at 191; 12l at 90 60 ut 20 4S at 20l 2l4 at
81; G6 45 at a. aud on the evening before 40
IT 22h We quote: