The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-03-13
THE CHARLESTON MARKET.

rroR TIE WEEK ENDING THURSDAY, MARCH II.
COTTON.-This article, with an occasional slight
decline, which appears only to indicate coming
greater advance, has had strong upward tendency
during most of the week, the rates improving 2@
2%c q ft. factors having strong belief In the
aintanance of prices based on the light stocks at
the great points Of consumption, and the general re-
ports from the interior which indicate that the crop
is mostly to market On the first day of the week
quotations here somewhat lowered in consequence
of slight falling off in rates at New York. and Mid
ding Upland was quoted at 224S@2sc, advancing to
25 3osc receding to 25@251. and closing yesterday
at o5@o5,sc s, Ii. nominal for this quality.
The staple at Liverpool during most of the time
has been firm, active, and even excited, the rates,
which opened at ESD. to 92ld for Msdding Upland,
have had disposition to harden, having improved
to IOH@1OAd. q TO-, closing yesterday rather weak,
while at New York prices commenced on the hrst OF
the week at a5, weakened to 24lz@25, stiffened to
25H@26, and receaed to 25@2515, closing yesterday
at csc. q 10. for New York Middling.
The general expectation here of rise in value has
caused speculative feeling which much OF the time
keeps quotations at this point above what the giving
rates Of Liverpool would warrant while the course OF
prices have lately sustained their action, and their
operations have been fortunate.
The arrivals Of the week indicate lessening OF re-
ccipts and have been 136 bales of Sea Islands and
Fordas and 5G24 bales Of Upands; against l57 bales
Of Sea Islands and Florida, and 1854 bales of Upland
for the week before and 24 bales Of Sea Islands and
Flordas, and 24OS bales CT Upland Cotton for the
responding week last year.
The operations il the article in this market will be
...,
submit:
On Friday March 6th the dull and declining con-
dition Of the staple at New YORK caused buyers to
lower their prices, and the rates receded 1s@1c =
N. Sales 500 bales; Ordinary to Good Ordinary be-
ing quoted at 19@21c., Low MiddliDg at &C., Mid
ding at ao1s@2s, and Strict Middlins at 2a1sc IT,
On Saturday the demand was very limited early in
the day, but improved news from tie English mar
ket caused good !aquir:, and prices improved 7S@
1c. a IT, Sales 1900 bales: Ordinary to Good Ordi'
nary being quoted at oO@22c., Low Middlng at 221S
@23c, M:ddling 23}Sc., and Strict Middhng at 24@
241sc. = 1t.
On Monday tie opening demand was moderate,
but intelligence OF a considerable improvement,
both at Liverpool and New York, caused an animat-
ed and excited inquiry, leading to an increase of
IalSS " sAS AAAs hSs SAS+-
ing quiet the latest elegrams being less favorable;
sales 1000 bales, Ordinary to Good Ordinary being
quoted at oOGa23, Low Middling 23ia@241s, Mid
ding 25@26c. . it.
On Tuesday there was a limited attendance OF buy
ers. WHO were only wilne to operate at decided
decline. WHICH factors not generally accepting; the
business was light-say about $50 bales at z@lc.
= III. lover; ordinary to Good Ordinary being
quoted at noGo3, Low Midding at 231z@2i;s, Mid
ding at a5aa5,s. and strict Middlins at 2Gc. = b.