The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1873-05-15
FINANCIAL AND COMMERCIAL
Review of Portland Markets.
WEEK ENDING May IA, 1878.

There has been continued activity in business de-
partments the past week. Country merchants have
been repenishing their depleted stocks which they
had allowed to run very low. The purchases made
thus far this month have exceeded those of former
years for the time and the business shows that
Portland is as good market can be found for the
purchasing of nearly all kinds of merchandise and
especially in groceries, dry goods, medicines, dye
stufs, oils &c. The tone of the market is SO even
that there is chance for speculation. The money
market remains about in the same condition as last
week-with more enquiry for prime paper on time
Gold advanced Saturday to 11s but since then the
rates have been 117s@1173 Wednesday 14th they
117a@l1s.
Apples are not quite plenty and prime fruit
brings S4@5 per Dbl. Dried apples are dull. Beans
in good supply at quotations. Butter is lower
and the best Vermont is selling at 35937c. There is
large quantity of old butter hand yet to be sent
to market Cheese is steady Coal is unchanged
Coffee is firm. Cooperage is in light stock and rather
dull. Copper is quiet Cordage is without change.
Dry goods active and sales continue to be large
Drugs s. dyes in demand and the business trans
actions are large. Duck is steady with large de-
mand for Portland goods. Fish are firm with very
light stocks. The first cargo Of new arrived this week
and was Immediately taken. Flour is hardly as ac-
tive but the quotations are unchanged. Fruit shigh-
CT pOlI dS Will NC oceh Wy Jul
quotations. Rasins are little lower. Grain is in
good supply and corn has advanced 1c. Hay is
steady at last weeks rates. Iron is firm and ur-
changed Lard is lower for tierces. Leather steady
Lumber is is good demand for shipping and the
receipts larger; prices remain unchanged. Lime
is steady. Matches steady at LOS for Star, Mo-
lasses quiet and steady Naval stores are steady
with slight reduction turpentine. Nails are I'M
changed Oils are quiet but linseed is hardly as firm
as it was last week. Paints are without change.
Plaster is selling at So for white and S275 for blue
Produce is more active-poatoes ere selling at 750
SOC and eggs at 1691sc; onions are scarce Bermudas
are coming along and selling at $595.5o " crate.
Provisions are plenty Beef is unchanged but pork
is a little off. Salt is in good supply at unchanged
rates Seeds are in active demand and our quota
lions for red top are advanced. Sugars are active
and hard are a'shade lower. There is good demand
for Forest City granuated which is selling at 11s@
lie. Eagles finds good market Teas very
steady. TINS are firm and unchanged. Wool is not
quite active it has been but prices without
change.
FREIGHTS-Cuba freghts are unchanged, with
demand for few vessels. The engagements since
our last report are brig M. A. Chase hence to N side
Cuba and back N. of Hatteras, at IS for molasses;
brig San Carlos, loaded with lumber for Buenos
Ayrcs at 1924, gold, and per cent prmage for lum-
ber Coastwise freights are unchanged; lumber to
New fork, S275; hay to Savannah $500