The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-03-25

BONDS sTEADY-THR FUTURE-How MUCH DE-
PESps OF STABLE GovERNMENr-NoRTHERS
CAPITAL SEEKING INVESTMENT.
A great deal of interest is manifested OF tne
present moment with reference to the prices
OF various securities on the market, ana the
manner in which they are likely to be aHecteo
| by future movements. In anticipation ol 1he
sale by the Charleston Savings Institution Oh
its assets, very considerable sum Oh money
ia understood to have been sent here Tor IN
vestment it being generally believed that tney
will he sold at rates below those which rule at
the present time. AS to this probability, how
ever, there is much speculation, and we fancy,
from the general tone OF comment, that
brokers are satisfied to "let well enough
alone" 1t is not reasonable to suppose that
with so large IN amount awaiting Investment
"a is understood to be in Charleston,
or on its way hither, securities of any
sort will materially 'depreciate. On the
contrary, the impression is that from
this time forward there will be steady, even
though it be slow improvement. Much, how
ever, depends on the establishment of stable
government. The steady price of gold, not
withstanding the impeachment Of the Presi-
dent, pending elections and political changes,
is eminently encouraging; and if tho State of
South Carolina does not become, under it's new
administration, an out and out negro govern
ment, new life will be Infused into every depart
ment Of trade. That it will become 30 is i'm
probable. General Scott, the nominee (and
he will doubtless be elected), is perfectly
aware of the fact that his administration at
home and 1broad will be measured by its ad-
vantage to the creditors Of the State in dollars
and cents as much as by it's liberahty and gen.
eral benefits to the people of the State at large.
he is perfectly aware, too, that his hopes of
future preferment as public man, depend
solely on his success in evolving order from
chaos, and restoring South Carolina to her
pristine and prosperous situation.
With such healthy condition of things,
Northern capital will drift hitherward in
large volume. Already the mere anticipation
of successful civil government has invited
investment in State and railroad bonds and
stocks, and hence the prices remain compare
lively firm.
No material advance, however, can be ex-
pected before fall. Summer months are always
dull, and the transactions light. Planters who
heretofore used to invest their surplus funds
in real estate and negroes will then know
better where they stand than now, and, sur
feited with real estate, will, if successful, nat
urany turn their attention to the securities of
the country. So far as they are concerned,
everything depends on good crops; but the
Northern capitalist, with his telescope survey
ing every part of the financial horizon, will
quickly discover the advantages to be gained
in putting his money into the low priced, we'll
secured, and certain-to-be-paid bonds and
stocks of the State and State corporations.
Viewing the perspective from this stand
point, the minds of thinking men are led to
but one conclusion, namely, that whatever
may be the depressions OF the present moment
they are due to local and temporary circum-
stances, which must give way before the march
of events, and lead to q better, brighter,
healthier condition OF affairs, in which all will
enjoy their need of benefit.