The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-04-13


The London Economist OF March q, thus speaks
OF the money market:
In preparation for the requirements arising out of
the Stock Exchange fortnighty settlement which be-
gan Yesterday aud to the slightly increased de-
mand from the country which bas boon experienced,
there has beeh just faic ibquiry 1r money W lne
general u arEet The tendency of the value of money
bas however, been decidedly downwnrds for tue
moment and there seems but little probability that
the OF the market will be r. rersed ior some
time In almost whatever orection We look. IL is
difficult TO ftd any traces worthy of notice Of lna-
terla revival in any branch OF trade Better Things
have been looked for this tor the year 1867 In
stead Of which, Us regards certain branches Oh manu-
facture We are Ill more dead calm than ever The
continued scarcity and Of cotton is causing
u return to the hard times which 1t was hoped had
been left behind AMI the other evidences which
reach us from tho North eau but conhrm the I'M
precision that the stasnatlon in the cotton districts
must so long it lasts. exercise depressing effect
upon the whole country some slight attention mas
been attracted by renewal Of Withdrawals OF gold
from the bank. but in the face OF over million ster-
ling which is on its way from Australia and consid-
ering the accumulation OF treasure at Paris no ap'
prcciable eff ct has been produced. With the con.
clusion of Easter hol days the supply OF money Will
be augmented by the payment of the dividends, and
although various projects are knowE 20 Oe ID readi-
ness for favorable opportu ity, the extent TO which
the public have already subscribed to loans. &C., may
be advanced as q reason whv new undertakings, un-
less OF thoroughly sound and useful nature. will
not be likely to meet with support.
Murray. Ferris & Co.'s Naval Stores Cir
cullnr.
NEW YORK, April l0-spIRIrs TCRPENTNE-
Opened weak, but reports gaining on Tuesday that
three careocs were to leave Wilmington this month";
coupled with liberal purchases for export gave an
improved tone TO the m1rket, which closed urn at
sic shipping. This was lost In the two following
days by combined movement on New York aud
Wilmington tu break pric g, resulting I'D saies mere
at A0a4e1s and as low 44c in Wilmington. but at
the close yesterday thee prices were geueraly re-
fused, as there were symptoms ol 'ne pears oeco- @
ing buyers rhe combination for lower prices mas
received no little assistance from tne severe m9ney
pressur free receipts and the gvlng way OF all me
speculative holders WnoSg h sse dsr
now changed hands we think i. reasonable 10 look
under the promised re s I
81 Shipping aud SoaSls for st1s New York bsls Re,
ceipts 1905 Dols. Exports oo,s. . no mn
bbls low grades s. g for Ola l. Sc 45aa 50 ch.ay
50 for strained 81 o. ios sSo6 ooS M spa saa
e. ~ slSa1 sor W. low n.ie and s7as for
extra pale; 90 DDS new virgin vs ~, ~ connn aS
changed nanos slo oI ", meI ,;s 'S ,,rno ~
our friends agans, purchases paeeu VI us p,ee @ 90
1t Is admitted 10 DC aree III rAoess " .coa o'uo 'i
ordinary use. Receipts - 4's. Exports a0s.'
Easton q Co.'S cotton Report, dor the
Week Ending April o. AeoS'
NEW YORK April 1O.-THE MARKEr.-1n our
last report the market closed quite steady at 2sIs
a2Shc. saturday, with rather better foreign ac-
counts and diminished stocks in the interior, prices
were hrmer and there was more doing tor sp,nnin.
and export. Sales 3i46 bales at 2Sslc. Monday the
market was dull aud slightly lower. Sales 1858 bales
at 2Sj,a2SLc. tuesday unfavorab'e accounts from
liverpool and tight money nIarset weakened prices.
Sales l6sS bales Mt 2SEc. Wednesday there was
mora steady feeling and more doing for exoort. Tho
exchange market was better. Sales 1920 bales ut
2Snc. Thursday there was good export demaad