The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-05-29
THE CHARLESTON MARKET.
iron TEE WEEK ENDING THURSDAY, MAY 2s.l

IyoR TEE WEEK ENDING THURSDAY, MAY 28.l
COTTON-This article has experienced much de-
preston during the entire week under the very dull
and declining character of the English market and
the transactions have been restricted to the sale Of
small lots, which factors had instructions TO close
out, and which were consequently disposed Of OF
rates generally IN favor CT the b1yer The stock at
this point, which has been reduced to figure nea.
6500 bales is much Of it held by parties who are ro:
disposed to sell at the governing rates until their
confdence in prices more decidedly shaken BY the
developments Of the future. The general reports
from the country make mention of very backward
crops in consequence of the cold and wet season. In
some sections Of this STATE, particularly the north
west part planters have placed. as much cotton in
the ground as they did the previous year, bu. the
most reliable intelligence from much the larger po-
ton of the State is that there has been decided "a =
ing OF tie amount of land devoted 10 the staple and
this may be said to be the prevailing state Of affairs in
most sections Of the South. The rdmor Of the ap-
pearance of the army worm in several parts OF Lou
isisna at tais unusually early period, causes some
anxiety, and further intelligence in referecce to the
movements of this destructive visitor will he an1
ously looked for. The leading markets have cxhib-
tied the following prices At Liverpool the rate hay-
ing commenced at 11Hd.. ,eceded to 11;4@1iSd. 2
fb for middtns upland, while at New York the art-
Gle began at S0@S0H, improved to 3o1s@S1, and de-
-clined to Se@SoH@29S. and closed hrmer yesterday
at SOh cts 2 tb fer New York middling; and at this
point The market has been SO unsettled that it has
been difficult to fix quotations. but sellers have besn
generally holding middling upland at 80 cts. 2 ID,
Will. buyers offered 29c-
The business done in the Article in this market dur
ing the pas. week viii be by the following re.
port:
On Friday: May %, thei WAS bat little done. the
onerng rates being too )ow to suit the views Of SELL
era, and tie only transaction was lot Of so bales
classed middIing, t29c ID. -
On Saturday few transactions took place IN
cases where buyers thought they obtained slight con-
oessions. but holders, in most instances. were firm
.oa basis ofsOc a d. FIR middling uplands. Sales
l40 bales; quotations unsettled.
On Monday buyers were still only willing to ope-
rate when they could obtain an advantage. and the
business was confined to such lots as factors were
anxious to move Sales IS osles; quotations we're
unsettled and nominal
On Tuesday the recedtng prices at Liverpool caus-
ed purchasers to keep out Of the market, and bust
ness in the article was at stand during the day.
there being no sales, quotations continued entirely
nominal. srSzs..g o.
On Wednesday, the leading markets continuing to
fall of, purchasers fsit no disposition TO make an
.oaer apd1ta adsy tlosed Without a sale.
Yesterday, The Liverpool and New York telegrams
being Of betsr felt stronger, and
purchasers zysre mora disposed TO offer. but the
al
buyess af.ring 29c. q b. for 1niddling upiauds:
esIsH H22bales-s say Is at % and at 26o.. @ fb.
SEkIuAspcorroN.-Th ne have been no arrivils
Id this quahty ofthe fibre during the wsei, and the
stock has become SO much reduced tina. the business
for the remainder Of the season will be Of the most
limited character and will hardly afford basis for
reliable quotations. Such limited lots as may be
sold, and which my be made public. W Ill report.
ed. Quotations for the pre- 'ent are omitted.
RICE.-There has been but title done in this grain
during the week, and the transactions were restrict
ed to small l,s for the local trade q. rates which in
di:ated steady prices. Factors of-r but httle and
not disp sed 10 sell unless firm rates are obtained
We quote common to fair Car lima at 10@lO%c q
tb, good 10A, and good to common prm lie q IL.
: NAVAL STCRES-The-e have be,n re :eiYsd du-
ring the week alb ut 1900 bbs Of spirits u-penine,
rosin and crude turpentiae. Some $50 tbls spirits
were sold a. 42c gallon and !39 bbls at 49c gal
Ion, the market closing i.n at as q ga loa Rosin
has been sod at So 10 f,- No Q. s394 2 bt! for No
l, s5@6 so q Dbl for pale, and s7@7 50 q bal 70.
extra pale. Some 900 bbls crude turpenhn were sold
elry in the week at 81 q boi for virgin apdss g bb
for yellow dip, til market closing at sS rs q bbl fr
virgin and So q Dbl for yellow dip.
Z AAY.-There have been no arrivals os this artiS,e
during the week, and the transactions have been con-
fined to the supply o. the locll retail trade. We
sales of some 200 bales of North Rive. qualities
in lots, at 81 21@1 IS q hundred.
CORN.-Tbe article has hardened III value duripe
the week. but with Light supplies PRICES have been
somewhat irregular ind while learn Of the sale of
Tennessee qua.iies at the depot at 81 80 q bushe
weight sacks included, By the single car load. the
transaction may be considered above what might BE-
had for large los and in the absence of large sales
quote Tennessee qusliSes nominally at 81 o6@l % 2
bushe weight, sacks included by the car load from
tho depot, according 10 quantity and quality.
,FLOUR-This article is in mo;e::te supply Of
Northern and Western qualities with but limited
demand. Prices have continued without important
change during the week, and We quote middings at
50 5eper tb,, fine at So 75a1o super Sill, extra s12a
70 81, and family at slsa14 per Dbl New Southern