Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-05-30
RENIE"
OF THE
WILMINGTON MARKETS,
FOR THE
WEEK ENDING THURSDAY,
MAY %. 1917.
May %, 1873.


raw and Bennettsville districts, and
along the line of the w. c. & r. r. r.
The desired warm spell has come at
last, and planters have been busily
engaged in chopny out the grass
from the cotton and corn. The stand
Of cotton is good considering the diff
culties under which it has labored, aud
tie prospects bid fair to a full crop
The acreage planted is no larger than
last year but the amount of fertilizers
used has been more than any year
since the war. The corn has taken n
fa stand and is still small but looks
well. Oats and the small grain crops
will be fully equal to last year. With
occasional rains and dry weather
during the coming month, it is
thought that the late start will be
fairly gained and we may look to a
good yield.
OMAIE ECIAL EPITOME. -
There has been comparatively but
little trade during the past
week, and we have few changes of i'm
pOrtance to note. The market con-
tinucs weak, with the general tendency
favoring buyers, and in the absence of
anything like a speculative movement
in trade the market generally exhibits
very little life or spirit. CoHon-
Early in the week was i'll good de-
mand, but subsequently under the in
huence of a dull and easy Liverpool as
we'll as New York market, became
quiet and inactive. The sales for
several weeks past have been of the
most inferior qualities. very few full
lines of middlings offering, and for
such as were Offering sellers were
willing to accept almost nominal
prices. Spirits 7urpentinc-Int the first
part of the week there was a rally in
the market, owing to the slight upward
turn of New York, but stocks and re-
ceipts were heavy and reaction oc-
dull with prices rather favoring buy
ers. ROsin-There was also some i'm
provement noticeable IN this article in
the first part of the week, but towards
the close there is also a reaction and
the market closes weak. Crudc Tur-
DcntinC-Has remained quiet and
steady. 1tu'-With heavy exports
early in the week, and with only light
lie ,eipts, there was better feeling, and
prices advanced materially, closing
strong with still upward tendency.
Gyaia-Has been in good demand and
the market has been fairly active, but
the receipts We're large and the market
| declined fraction. P,,OrisiOns-Are
| quiet and have declined from to !
cents. Dry Goods-The retail trade
seems to be fairly liberal. There is
| little doing in the wholesale market
and orders are short. Country mer.
chants have been ordering only the
lighter fabrics for the Summer wear
Moncy-There has been quite an ac
tive demand for money in our loca
market most o. the week, and for few
days there was no surplus means, bu
deposits have increased to such an ex
tent that the banks are now able to
take up all the acceptable paper offer
ing. The special features of the mar
ket and the changes in prices of che
leading articles of merchandise for thu
week ending are reviewed as follows:
COTTON-There was about the Hsu
al demand existing early in the weel
for this staple and prices were stead
Ter under better kilograms from New
York, caused by better cablegram
from Liverpool, but later private
cablegrams were received, in New Yorl
and forw arded here, stating that TIL
renewed life in the Liverpool marke
was due to reports published in tina
market of very bad weather in our Coz
ton States. These reports, not beins
supported by information received il
', the New York market from the South
that market lost its tone, and ours as
/ natural result, has been waiting the re
suit of the opening of the trade again
Since Monday there has been no activ
ity of Importance displayed and on
quotations to-day are entirely nomina
!. and we think full. The receipts at On
port are not equal to the exports an
} as a common result our stock is gra6
: ually becoming reduced, and is no
I not more than 2,7OO bales.
q TIE general cotton movement *