The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-03
Review Of Portland Markets.

WEEK ENDING March 2, 1870.
The volume Of trade for the past week has been
very limited, consequent upon the recent storms,
which have impeded travel. Moreover, there Is no
disposition among country merchants to stock up.
They prefer to limit their orders and purchases to
the immediate wants and necessities OF commune
ties, and to pursue hand-to-mouth policy, until
events shall demonstrate that the bottom prices
have been touched, and there is firm established
basis for prices Of merchandise.
This state of things will continue until Congress
shall decide upon the currency and tariff bills which
are before them Settle these qaestions-dscide that
there shall be no further initiation of currency re-
duce the tariff to the lowest point consistent with
the support OF the government and gradual reduc-
ton Of the Rational debt-and there will be an i'm
provement in mercantile affairs.
The gold market has worked down wonderfully.
One week ago the price was 118. Since that time
the price has gradually receded until on Monday
February 2sth it sold as low as l14J. On Tuesday,
March l, it sold at lis q 1851. Wednesday, March
O. it opened at 116i but quickly dropped, closing at
11b3. The money market is more tight than it was
last week. snd there is not much currency offered
for investment.
APPLES-Prime fruit is getting scarcer and
prices have advanced to S. 00G5 30 tor CHOICE
Dried apples are plenty and dull at 12c for Western
and 139l6 for Eastern.
BEANs;--The market is well supplied and prices
favor purchasers. We quote yellow eyes at So OOlD
So OO@3 25 per bushel ~" ~
BOX SHOOKS--The market is firm at 70Q75c.
sales having been made at the latter price during the
week.
BREAD-There is more demands for hard breads.
BUrrER-9here is large supply of common
butter in the market Prices range from 3O035c
FSr prime f16s ss@4oc is asked. Bakers butter is
CHEEsE.We have no change to note. The sup
ply, botn Of factory and dairy is good.
COAL-Dealers are delivering the best Goals at
50 per ton for stove and CRATE tzes, and 81 80 for
chestnut. Cumberland coal is steady at 5000 80
ase to
| for Java and 2l@93c for Rio.
| COOPER aGE-Our quotations are unchanged
sugar snoI"s and slaves are scarce and in good de-
mand: Stock light.
CoPPE;i The demand is very light. Prices are
CORDAGE.The demand is very limited. Prices
are UNCHANGED from last weeks quotations.
DRY GOODS-The market continues dull and in
active. Transactions are light JObbers ure pre-
., DRUGS AND DYEs-Changes in prices are very
DUCK-We have no Changes to make in prices of
Portland ducks, for which there is fair demand.
1Sh-Lne demand for dry fish, during the week,
full 9uotatons Several cargoes, which arrived dur
ing the week were quickly taken at cur quotations.
For mackerel there is not much demand but prices
FLoURcThe market is dull and unsettled. The
receipts nave been light and stocks are being depict
| Cd. we have no change to make in our quota
tons put prices favor purchasers.
FKUlT-Dried fruits are unchanged There is a
slight advance oranges, OF good quality aud we
quote Prime III Messinas at 81 0o44 30 per box.
white and yellow. Oats are selling at $4,000.
HA1---Ihe supply 10 quite large and the market
Is s aaii. we quote baed hay at $14 0091s00 and
some superior loads have brought S19 90. The ex-
port south 10 stopped in consequence Of the high
rates OF freight asked
lhON-We reduced our quotations, and the ten
oency sub II downward. Prices favor purchasers