Wilmington journal., 1873-07-11

week, yet within that time the trans
actions IL the market are larger thar
those of the entire of last week.
Spirits Turpentine-For this article Of
trade the market opened as it had
ruled the previous week steady, but
subsequently dullness set in and a
decline of cent was effected. At the
| close of our report, however, we
| notice that sellers are firm, and refuse
to accept any lower rates than last
quotations. Rosin-In the earliest
stage of the week there was little doing
and a decline on all sales that transpired
was conceded. On Wednesday, at the
Exchange, there was a large call for
futures, and nearly 10000 bbls.
changed hands for July and August
delivery at a decided advance. Spot
rosin also was wanted and an advance
was gained corresponding to the de-
cline. So then at the close of the
ket is firm, and that sellers are askin3 z
better prices. Crude Turpentine-
Nothing whatever has occurred to
interrupt prices. Buyers and sellers
seemed satisfied with the present
rates, and the daily receipts are landed
at the distilleries without opposition.
Tar-The falling off in the stock has
increased the firmess of sellers, aud an
advance has been gained, the market
closing firm at So %. Cotton-The
adverse reports and the downward ten
dency of New York and Liverpool NAL
kets have given dull and sluggish
tone to our market, and prices have
declined. Grain-The scarcity of white
corn has caused slight advance The
stock of yellow or mixed is large and
no fears are anticipated of any strin-
gencv. Provisions-Th markets. with
out any important change worthy of
mention, about the usual demand has
existed and transactions have been fair,
with prices closing unchanged. Dry
goods-There was very little doing,
and is expected in the wholesale trade
during the week, expectations have
not been disappointed, there being
only moderate order demand from
the country, and only a light re-
tail demand, except for the slight
est of Summer fabrics. Money
The money market at present
is extremely tight and merchants gen
orally are putting off minor accounts
to place funds to meet their bank obli-
cations at maturity. The tightness
may be accounted for by the small
amount of funds coming in from the
country, merchants advancing on the
growing crops and very little produce
coming in to meet these obligations.
The banks are discounting all accepta-
BILE paper at the current rates of dis
count. The changes in prices and the
leading feature of the market for the
past week are reviewed as follows
COTTON-There has been dull
and sluggish cotton market all the
week and prices at the close show a
decline. The first two days Of the
week the market was quiet and nomi-
nal owing to the general suspension O
business, but on the third day Mon
day. there was some enquiry and :,
small amount changed hands at last
quotations, hnt on Tuesday, under the
influence of unsatisfactory reports from
New York and a reaction there, our
market became dull and n general re-
vision was made in our quotations.
Ordinary declined |, good ordinary ].
low middling ! and middling cents.
the market was steady
with sales at the previous days prices.
To-day (Thursday) the market closes
dull at our quotations given below.
The receipts for the past week were
113 bales. The exports were 392 bales
and the stock in market is l, $50 bales.
The general cotton movement for
the week was as follows: 1t appears
that the total receipts for the six
days have reached II, 2,42S bales, against
Il, $50 bales last week, 9,672 bales the
previous week, and 49, bales three
weeks since, making the total receipts
since the first Of September, 1872,
3, ,49S, 219 bales, against 2,697, ,472 bales
for the same period of 1S71-'72, show
ing an increase since September 1st,
1872, of SOO,S47 bales. The exports
for the week ending this evening reach
a total of 81 ,613 bales, of which II, 533
bales were to Great Britain, 2,375
t, Franc =, and G, 7O5 to the rest of the
Continent, while the stocks as made
mp this evening are now 19G, All bales.
The sales for the week reach total
of 159 bales at figures from 10 to 49,
cents. We quote as follows:
Low Ordinary ...... Q cents.
Ordlnary.. 10
GOOu Ordinary. .I0A
Strict Good Ordinary. 16!
Low MiddlinS. II! :.
Strict Low Middling IS
AltullnS.. 1S5
Strict Middling. .1S3@19
CRUDE TURPENTINE-T The mar
l1et has shown no important signs of
activity during the paat week, but re-
mains for the most part the same as