The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-10-15
New York Market.
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Washington al Newbern SSaSH.
New York Market
MONEY MARKET.
The New York Commercial Advertiser, Of Mon
day, October 10, says:
The effect of the bank statement has been to pro-
duce rather stronger feeling in the money Market
It was expected that loans made at the close OF sep
tember, FOR the purpose Of buying up greenbacks,
would be paid off last week. with the result Of IN in
crease IN the legal tenders.
THESE loans appear to have been liquldated, the
statement showing decrease in that item of $685.
OC0 but there has not been the anticipated cores
ponding gain in legal tenders, but decrease o.
S2S5,0O0.
This indicates out flow Of legal tenders from the
banks beyond what was expected:
There Is rather more strt ct demand for money,
and rates are unchanged, the banks generally get
ting per cent on call loans, and the private banl-
westward 1emittances of currency have almost
entirely ceased; indeed exchange both at Cincinna
and Chicago rules in favor of New York, and cur
rency has been received this morning from those
cities. There Is, however, good deal OF money
going in small amonts, to the banks or otner sec
tons, and to the South there 10 steady remntance
Discounts Of prime paper are generally done at
per cent
PRODUCE MARKET.
NEW YORK, October 12-2 P.M.-FLouR &c.-The
-four market rules in favor Of the buyer, with less
doing.
The s,es are S10o barrels at Sc 75a7 Is for super
fine State 81 soar IS for extra Stste 81 9OaS 90 for
choice do; So 1uaS 80 for fancy do Sc 75a7 Is for
superAne Western; 81 20a7 IS for comm IN to medi-
UNI extra Western; 81 9Ca8 so for choice do; SIS Is
a10 for good to choice white wheat extra; 81 s5a
$40 for common to good shipping brands extra
round hoop Ohio; Ss 20a10 70 for trade brands;
s8 25a1O 90 for common to fair extra St Lou 8,
and $lOal4 90 for good to choice do the market clos
ing quiet.
at 75a9 80 for to fair extra 50 i0s1S rs for
good to choice do.
California flour is quiet. Sales 1900 sacks at ss so
al0 rs.
Sales of 88 900 bushels at ST Goal 65 for No spring;
s177H for No do; 81 79h for amber Green Bay;
So 50a2 60 for white California; 50 10 Tor white Mchl-
gan. and 50 Is for white Wisconsin.
Corn opened o shade frmer, and closed dull and
droopiue. Sales $4,000 bushels at 81 11al ~ for
unsound. and 81 19a1 20 foe sound mixed western.
Oats opened very firm, and closed heavy aud
dropping. sales $4,000 bushels at f41aa751zc for new
Western.
CoFrEE-Rio is quiet and unchanged. Other kinds
are in moderate request with sales since our last OF
800 bags Laguayra on private terms.
MoIAssEs-The market is steady, with good ou-
siness doing. Sales since our last 6v0 hhos q. 4ic
for Muscovado 45c for Trinidad 43c for clayed, and
Porto Rico on private terms.
HAY-Is quiet, and prices are without decided
change.
SUGAR-Is quiet and frm with sales since our
last Of 400 hhds at 11al23 cts for Cuba; 12A cts
for Porto Rico; 12A els for st Croix, and Demerara
on private terms; also, 600 boxes Havana at II 1a
II cts.
R1cE-Is quiet and prices are without decided
change
Paov1s1oNs-Pork is heavy and lower. Sales 1850
bbs at s28 75a28 80 mess closing at s2e 60 regu
lar S2S for old do s24 50lS25 for prime, and s2S
for prime mess.