Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-12-19
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lean cotton. The fact that the price
of coal Is rapidly declining. and. as
our London correspondent states To-
day, is Gke!Y to approach its old figure.
- a very important circumstance. But
tie point Of chief interest is tllut
Manchester spitncrs arc continually
increasing their ust. Of the American
staple. Some Of the liverpool an
thorities put the weekly consumption
now rs high rs 81, 900, and some even
1t -. 900 bales. OFT Tfuupler gave
The tdLip1s for last year Of the CONT
mental spinnefS inciuo;ed i'll lis figures
~ fsbont II. 0NG bales Of American per
! week. and their actual cGl2u95};ti0n at
about | ,00J tales more; 20, that with
. the couutrie, not included Ia his figures
the Continental consumption Of Amer
lean cotton Was about Is, $50 bales per
i week. These facts Indicate low ex-
! tcnsivc IL tield there is 10 10 for tl.,,
! American staple 1t low prices.
. The general Cotton movement for
the week was IS follows: It, appears
. thai thc total receipts for tfseseS n days
have, reached IT, 80 bales, again It
I l7G,o64 bales last week. 123, $40 bales
, the previous week and 1873, 1886 bales
( three weeks since, making the total
! Receipts since tie first OF September,
1873, 1923, 169 bales, against [ ,40l 90
| bales for the same period of 1872,
showing a decrease since September
l, 1873, Of 1908 bales. The exports
fer the week ending, reach total Of
Y, 15j bales, OF which 35,307 were to
Great Britain, -, S91 to France, and
Is, 967 to the rest Of the Continent,
While the stocks As made up are now
20 H. Ill 4 - II
Ordinary. 12} cents.
Good Ordinary. 80. Is,
Strict Good Ordinary Il!
Low Middling. III
Strict Low Midding. IA
ROSIN-The Rosin market has
been, on the whole, more active and
buoyant than any week since the open
ing of the panic. In the middle Of the
week there was & reaction, and prices
fell off materially though II vas gcncr-
ally believed that this movement was
the result Of design on the part Of
leading speculative parties "ho desired
to break down tie market, OF the re-
suit Of sales to realize Ey those who
having purchased at panic prices and
had also secured handsome profit on
the prices ut which they purchased.
FoIthe past day or SO a gradual re-
co7ery from this decline has hee n
noticed and both spots and futures"
haYo exhibited more healthy tone
The export movement Of the week will
compare favorably with that of any
week during the present month, while
We have the encouraging fact to notice
that the supply OF tonnage III port,
with the large amount now due will be
ampl to move the stock. Tie demand
for cargoes rs well as to cover con-
tracts for the present month, has been
large during the week and the activity
of the market may be attributed to
these influences. At the Exchange
this week there has been n good atten-
dance, but the transactions on the
floor were limited to n few sales for
future delivery. The sales Of the week
and the condition Of the market at diff
fercnt periods Of the week, rs reviewed
is rs follows Friday. tho first day
which we generally review. was ohsar-
we'd rs holiday along the wharf and
we are without correct information re-
garding sales, though we understand
that considerable amount Of trading
was done in futures ct the different re
sorts for amusement. Sat lrdav Strain
cd Rosin opened active. the demand
principally being to cover tie preyi-
Gus days sales, though there was alao
enquiries for cargoes, ana the follow
ing amounts changed hands 800 bpls.
Strained ''spot" at 50 > also 500 bhl9.
BUYERS option, December delivery n
81 90 and 500 bbls. buyers option.
January delivery at 3 30 : bib. Mon
day the market for Strained .'sppt"
was active ana Az advance OF > cents
WAS obtained. The sales embraced l.
800 barrels Strained (spot1 1T
- % also 80 barrels No. , at
- . ard 1000 barrels extra
No. = and low Nc. | ut s. s. r Dbl.
Monday the market opened steady,
bnt sales were made al decline al >
cents on former rates. and !, goo bhlS.
strained changed hands ut = II =
hbl Tuesday the market continued
weak, bat sellers were unwilling 10
make iHrthcr concessions in favor OF
buyers and small sales resulted. The
sales were 300 bis. STAINED ut - j.
ans; $50 bbls. extra No. and low pale
at = 81. p Dbl. "Wednesday tie
market for spots vas quiet and there
was 80 disposition to realize at the
figures. The sales were confined to 4
lot of | 900 blls., buyers option. De-
cemler delivery, at32 % r bhl. To-
day, Thursday at the close OF our
writing, strained is ,i1iet ana uomi-
unl AZ <, 20 = hll.
Ms. >, l anil ,aiss. The sales Of
the week lave been principally Of
t',c lower Sralcs, but vc notice fair
transaction IN thc above grades at
figures not unlike tilps, formerly pub
listed. The demand, however, con