Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1872-10-04
r E " I E w
OF THE
WILMINGTON MARKETS,
FOR THE
WEEK ENDING THURSDAY
October 3. 1872.

CoTTON-SnCe our report of the crop on the
LIST Of last month, material change has taken
place. September very dry month through
out the CarOlinas, and in consequence the weed
was brought quickly to maturity, and the hollis
opened almost together. This has kept the pick
ers pressed to their utmost, and oven then they
have not kept up, whole fields lie before
them with the Gotten opened to the top, and In
many cases hanging out, so that 4 storm would
produce great destruction. The next picking
over will finish up the crop with the exception
OF some low lands and very late pieces. This
must be done within the present month or q
great loss will Cnsue. In fact We hardly see
how the Cotton can be got out without losing
considerable, as 1t is hardly probable that we
shall pass the whole month without gale, and
the results above mentioned. From a calm and
careful examination of the reports from all the
States, are satisfied that our estimate of last
month, 400 900 bales for the whole crop, must
be reduced, and vet 90 not evidences of
loss enough to put It under 200 900 bales; which
if secured will not be enough to supply the de
mand Of the world, and we hold to the opinion
that prices must average very good. The pre-
sent rush OF Cotton the market is 10 indica-
ton OF heavy crop. The Cotton has opened
al at once and has surprised the planters
Where they expected to keep limited number
of hands steadily picking tor nearly three
months, to the middle of No Cmbcr, they
find that they have got to have it picked ont
( much sooner or lose portion of it. Hence all
the piCkcUs vino can be obtained, young and Old,
crippled and half sick have been put in the fields
at advanced wages, and this is makiug the pre-
sent great show Of Cotton. The tide will cease
as suddenly as it has commenced to flow, when
the hands pick over once more. Jntorma don OF
this is i'll the hands of the Cotton pa lors in
the great markets, aud they pj ,s>ng pur-
chases al the interior towns at prices s. near
; those of Liverpool and New York, that they
will have most of the crop in hand when tho re-
action takes place.
Asrcgards market during the period of
our review, prices opened with advance of
\ cent. Saturday a further advance of 4 cent
was realized. Since the market has been very
steady with free transactions daily at the ruling
quotations. The receipts are increasing from
day to day, and for the week were upwards Of
900 bales. The exports are, however, very
large, and very little ii any stock has accunu-
lated.
The general cotton movement for this week
/ compared with last week shows considerable
gam in receipts and very slight increase III
exports. The receipts at all the ports for the
week 6I,2OS bales, against 81, 1863 bales last
week, % ,625 bales the previous week, and 1854
/ bales three weeks since The total receipts
since September l, 1872, are 15S,245 bales,
against 1913 for the corresponding period of
the previous year, showing increase since
September this year of 81 800 bales The ex-
ports from all the ports for the week were II PAS
bales, against II, 418 bales the same date last
year. The total exports for the expired portion
of the cotton year 81 500 bales against 43 C7O
bales for same time last year. The stock at all
the ports is 127 ,S41 bales, against $3.50 bales
bales last year. The stocks at interior towns
arc 1876 bales, against IL, 602 bales last year
The stock of cotton i'll Liver pool is 759 900 bales
against 423 ,OO0 bales last year. The amount OF
American cotton aflOat for Great Britain is ,0OC
bales, against 81 GOO bales last year. The amount
of Indian cotton aflOat for Europe is 201 ,O0(
bales, against 5SS, 900 bales last year.
The following is summary of the week.
transactions: Friday, sales of II bales at 16 !
cents, do at ICY cents, 10 do. at II cents Sat
urday, sales of bales at 15b cents, do. at IL Z
cents, I do. at 16H cents, SO do. at 16at cents,
do at Il \ cents; Monday, sales of bales at Il
cents, do. at 16k cents, 35 do. at 164 cents, s.
do. at Il cents, 2 do. at II 1 cents; Tuesday
sales of ba' es at 16 cents, 10 do. at 16% cents
10 do. at II cents, 2 do. at 17H cents; Wednes-
day, sales of bales at IL cents, 81 10. at 162;
cents, II do. az 165s cents, ~ do. at II cents
Thursday, sales of bales at IS cents; do. a
164 cents; do. at 16l5 cents; 50 do. at II cents;
do at Il 4 cents do. at Il X cents : do at
Il cents per ID.
We quote Wilmington classification as IL /
lows:
. ordinarily. '...............11H cents
, Hood ordinary -''..'''..'.........l61 -
10" Mlodllhg ..'..'.. '..'.'.....-. III -
) Middling ,.,.,....,,...... ......174@17X "