The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-06-19
THE CHAKLEsTuN MARKET.

IFOR THE WEEK ENDING THUhbDhf, JUNE io'I
| CorTON.-lbe lessening Of consumption tho
steady stream of supplies from India and the rather
favorable appearance of the growing crop III tnis
country are elements which at present arc operating
with considera le effect in lowering the value OF
the staple, and their united influence during the
past week has had depressing tendency on prices,
which during much OF tho time has given rates
tendency to falr off with an improving market to-
ward the close; but unless the causes above mention
ed continue TO exert an influence more lasting than
NAV at present be looked for other adverse and
unexpected agencies should spling up IT is not un-
reasonable to hope for fair rally OF prices between
the present period and the free. incoming Of the
orovino crop, and holders; OF the limited stocks
I'm the American ports are not disposed to accept
the rates now prevailing, but confidently. look
for better run OF values Inter in the season.
AZ LIVERPOOL the article on Friday last was duh;
sales 5000 bales; middling upands the SPOT being
quoted at lid, closing at 10A@11d. On Saturday
the market continued heavy; sa'es 5000; middlings
1oxd. On Monday the fibre was irregular, with
better demand; sales 10000; uplands los to lo'sd
On Tuesday there was more frmness; salcs 12ooo
bales; middlings 10Xd. On Wednesday there was
nrmer market, and more doing sales $1,000 bales at
1OXd to Id. Yesterday the article WAS active saies
$4,000 bales At New York, on Friday, the staple
was duh aud declining. sa'es 500 bales; middlings
2okc.. closing at $685.. On Saturday prices were
shade lower; sales 15CO bales at 2sh@29, mostly at
%. On Monday tho article closed drooping; sales
800 bales at s2sH@2sy On Tuesday the day
closed quiet; sales 1000 bales at 28n@
%. closing at 2sH. On Wednesday the article
was active at an advance of e 1c; sales $500 bales
at 2sh to 3Oc Yesterday the rket was firm AT. 81
@3oIo, while In this market the rate has been much
of the time about 2Sc q lb for middlng, hardening
yesterday to 281sc, but quite nominal, the demand
being of the most limited character, with but lew
sellers at present figures. The arrivals during The
week Haye been bales of sea islands and Floridas
and s52 bales of upland, against bales OF sea ISL
ands and .Flordss and $50 bales Of uplands during
the week before and bales Of sea islands and Flo
rdas and 7 bales Of uplauds for the corresponding
week Inst wear. The transactions in this market
during the week just closed win be seen by the fol-
lowing statement:
On Friday, June II, a few sellers having lowered
their rates to suit the market. buyers purchased
about 17s bales but factors werc in most instances
unwilling to come down TO- the views OF purchasers
We quote, Liverpool classification, ordinary to good
ordinary 24@2sc; low mddling 27c; and middling
2sc p ID. ee,li..-.- :. .i .l-i..,l.. :.
On Saturday the stock was light, but the market
was depressed. Sales cs bales; quotations being
nominal. on the, basis of about 2sc o ID for md
ding. t.{E i
On Monday there were but few sellers. but even
the limited offerings could only ind buyers at easier
rates. Sales 100 bales; quotations being nominal at
24@26o q lb for ordinary to good ordinary; 26ac q
10 for low middling, and 2sc 9 ID for mddling up
lands.
On Tuesday, while the inquiry was very light,
there was but little disposition Oh the part Of sellers
to Offer and there wore no transactions, quotations
being quite nominal.
On Wednesday the leading markets having as
sumed an improving character. there was better
inquiry here and holders were stronger. Sales 1l2
bales, ordinary to good ordinary being quoted at "a
@2sc., low middling AT DC, mddlinS at 27h@2sc.'
and strict middling at 2sc. q ID.
Yesterday the market was active and improved &c.
p fb Sales 174 bales, say at "a, 10 at Mh, 10 at
as at 26 10 at 26 Tat q, e5 at 2s As at 2s1s at
o4c Wa ouote: