The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-04-10
THE CHARLESTON MARKET.

FOR TEE WEEK ENDING THURSDAY, APRIL 81
COTTON.-Wih steadily stimulating Eews from
the English market the business IN the article On
Friday and Saturday of the present week was marked
oy heavy advApce and an excited demand, Niddling
Uplands, which opened at 2S;sc. q TO- rising rapidly
TO 31@315sc., and showing an improvement; 0: o1:@
&c. = Ii. in that time; but on Monday the foreign
kilograms having become un:avoiable buyers on
Monday Tuesday and Wednesday almost entirely
withdrew from the mar;et, and the transactions were
quite nominal. Yesterday the foreign and New York
markets having rallied. the Staple here closed frmer
with an improving aspect.
The leading markets have shown :he following
quotations during the week. say At Liverpool prices
opened at IFS ,stifened TO 117sd1e@121f@12 12j1d.,
receded to 1o3s@121sd and I'D, hardened to l2;6a
lo, fell off to 117sd. and stiened again to l2;Sd.;
while the New York market began at 2s@2si:c.; i'm
proved to 2S5s@29 and 30c., and has since fallen of
to 2e@2915 and % S2siE and 2sc q ft. for New York
Miiding, closing yesterday at 2s1s@3oc. 4 Ii. for
this quality; and the markethe-e. which commenced
at 2s1sc. 2 10. for Midding Upland, sdfened to 80
and 3l@3li &C., but has since declined to 29c;s q 10,
beng quoted yesterday at that figure.
In consequence Of the large advance in prices
early in the week, holders have sent an increased
supply forward, and our receipts since our last
port have been IA bales OF Sea Islands and Flordas
and 5s44 bales of Uplands against 81 bales of Sea
Islands and Floridas and 2442 bales of Cplands the
week before, and 162 bales of Sea Islands and
Floridas and 1884 bales Of Uplands for the CORES
ponding week last year.
The daily transactions and prices prevailing in
this market for the week just closed win be seen by
the following statement
On Friday April 8, the inquiry commenced at sti e
prices, and sales took place at an Improvement of Z
to 1c q b., when news Of an advance at Liverpool
caused the rates to harden an additional &c 2 b.
being rise of to l1sc. 2 ID. for the day, the trans
actions amounting to about 1900 bales. Ordinary to
Good Ordinary being quoted at 1c@2S Low Mid
ding at 29 AIiddlng at 80, and Strict Middling at
Sic. q 10.
On Saturday prices commenced with a hardening
tendency, A1ddling Upland selling at S0@SO15c. =
b but the advancing condition Of the staple in 9TH
er markets caused the rates to stfen to 11sc. q TO-
Sales 21OO bales, Ordinary to Good Ordinary being
quoted at 2T@23h. Low Middling at 30@s03S, Mid
ding at s1@s11:, Strict Middling 80, and Good Mid
ding S3c. e ID.
On Monday the market was at stand in consc-
UNe--
York, and there were no transactions during the
day; quotations were consequently nominal.
On Tuesday sale Of ITO bales at 2sNc. q ib. took
place at an early hour, which WAS, however, followed
by declining kilograms. and no additional transac
tons occurred, the market closing entirely nomi-
nal.
On Wednesday the continued unsettled and de-
pressed state of the leading markets induced much
caution on the part Of buyers, and they were offer
ing low figures, and were hot disposed to purchase
even on the basis of 2sc. q ID. for Middlings, at
which rate sellers were in some cases willing to
make sales The ransac tons amounted to SIS bales,
entirely to one buyer on private terms;' quotations
continued quite nominal.
Yesterday, after receipt Of kilograms, about ATS
bales were sold on the basis Of 20 cts. q IT, for Mid
ding Up. md, but the later intelligence from other
markets being of an improving character, holders
advanced their rates. and were asking soc. 2 fb for
Middirg, at which figure buyers, however, refused
to 60 on. The transactions 6s at %; 81 at 27;
A at 27; 81 at %; 81 at 2s5 12a at 90 and 81 at