The Portland daily press., 1868-08-12
Review Of the Portland Market
WEEK ENDING August II, 1868.

The most marked event in the market the past
week was the upward movement in gold, which aa
vanced on Thursday to 1874. 1t was the design OF
the spectators who rule the New York market to
send 1t up to $50 and over. But the increase in
price brought out the boards that had been secreed
and the price went down on Friday to 147H, and on
Saturday to 147t. Monday, 10th, 1t opened at 1861,
advanced to 1474, then dropped, closing at 146a.
Tuesday, 1lth opened at 146 and was quite steady
during the day, closing at 146f.
The effect Of these fluctuations in gold is not ia
vorable upon legitimate business in general. 1t
serves to check trade increase the cost Of exchange
and adds to the duty on imports. Our merchants
do not care to make heavy purchases based upon
gold at about $50, especially when designing men
control the gold market, and put the price up or
down at their pleasure. ..
Our markets have ruled quiet during the past
week. The transactions have not been heavy,
though fair business for the season has been done.
The fall trade will soon commence and expectations
are sangune of good business.
APPLES-Green fruit comes along slowly from
the South and prices are Nominal. Dried apples
ASHES-Prces are nominal-the demand being
BEANS-The demand has sackened and prices
ere no, quite 80 firm as they were last week. We
reduce quotations.
BREAD-The demand has improved for all had
breads and prices ale firm at the reduced quota
tions.
BOX SHOOKS-The season for shipments is over
and our quotations are nominal.
BUTTER.The demand being good and receipts
light prices for choice table butter have advanced to
2J940c Store butter was quiet at 22d 25c
CANDLES-Tbere is a steady demand tor Trow-
bridges mOulds at our quotations
CHEESE-Cheese is very firm at our quotations.
Old cheese is about out Of the market.
COAL-The stocks Of coal been reduced and
prices are very firm at quotations. There are
no indications that the prices will be lower
mand ia limited. City made hhds and shoots er &c
CORDAGE-T The demand is light. Our quotations
DUCK-The demand for Portland duck continue.
70 be large. Prices are Sc for l. SIC Tor No 10 and
2se tor Ravens.
DRUGS AND DYES-We note a reduction IN
the price of alcohol and an advance in the prices OF
borax, camphor, cream tartar and opium. business
has been very fair.
DRY GO0DS-The market is quiet but firm. We
have no alterations to make in prices. In cotton
goods the manufacturers do not rush them into the
market and, consequently there Is not an over sup
Ply. Woolens are not so quick as they have been,
IoH-Dry fish are very firm and scarce the con-
tinued uniavorabe weather having prevented the
curing OF them There is continued Yves ern de-
mand which has almost cleared our market as fast
Is they come in. Prices firm as the stocks have
become so reduced, and the arrivals so few that
IL no prospect o. any reduction at least for
prices tend upwards. The catch thus far indicates
falling of from last season.
FLoUk-The flour market i. very firm for adj
vaneed prices for prime spring wheats rs will
tced by our Quotations. The stocks are light and
the receiLts are not equal to one fourth Of the de-
mand. Inc market here is lower than it is in Boz
ton ana our hour dealers can and do offer better
rates to the Maine dealers than are offered in larger
cues taxing into comparison the increased expenses
VI go 1I iar T south tor their supplies;
FhUIT-There are no oranges in the market,
other fruits are unchanged,