The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1873-10-09
rgNANCa4A ANO COMMERCIAL
Review OF Portland Markets.
WErty ENDr~-c 0ot @ 1910


WEEK ENDING Oct. g, 1873
The financial storm, from all accounts, appears to
be subsiding, but it has left marks which will re-
quire the efforts OF time to erase 1t does not appear
to have affected commercial interests except in SEN
sbe decline i'll business in the large cities and in the
grain producing regions; and the indications now
are that business will its regular chan
nels. With the exception Of large dry goods house
and leather establishment in New York we hear of
no failures in commercial circles. The money mar
ket is very tight, and it is almost impossible 20 OBJ
tain loans, the best of securities-this is in
consequence of boarding up the currency. Gold has
been low 1894 but the rate for few days past
has been 110d1lO3. Wednesday, Sth it sold at 1O9ad
no.
The merchandise markets are very steady being
unaffected by the panic, and there have been
terial changes in prices from that cause he flour
and grain markets. which feel the effect of the want
of currency, are very firm and prices no lower.
The trade has been very good for the first week in
October, though merchants experience the same
difficulty in collecting that felt in other places But
forbearance to be the general motto and spr-
it of accommodation is manifest in all quarters.
Apples are higher. There is but little Maine fruit
br ought in, and the best New York and Michigan
fruit brings IS per Dbl Beans are plenty and are
2Jc lower. Box shocks are coming IN and are Sc ling
at T5Gs0c. Butter is very firm for all choice grades
Cheese is in good supply and prices steady Coel
is soc higher--deaers having advanced the price of
anthracites this week. Coffee is very firm. Cooper
age is in light stock and quiet except in the demand
for hoops. Copper is unchanged. Cordage is a lit
standard and seasonable fabrics and the sales con-
time to be large. In drugs and dyes there is no
change. Duck Is steady and in sood demand Fish
are fl IN with further advance No. 3 Bay and No
Shore mackerel. There is good demand from the
West as well as local. The fishermen are giving
their attention to herring which very plenty
of is SIT and firm f,eo fa,,i
ly grades and an advance has been made in other
places upon some of them. Fruit is unchanged
New raisins coming along Fresh fruits are SELL
ing at the prices of last weeS. Grapes are abundant
and selling at sdi2c " ID pears $5ll12 " Dbl. Grain
is steady and in good demand; the supply is not
abundant Hay is dull but without change in
prices. Iron is steady and unchanged. Lard is firm
Leather is steady. Lime is unchanged. Lumber is
in fair demand and without change in prices Mo-
lasses is quiet bn; very firm. Nails are steady Naval
stores quiet with further reduc ion on turpen-
tine. Oils are quiet We note further reduction
OF &c on Portland kerosene, which is the best in the
market. Paints are steady. Produce is active; po-
tatoes are plenty and selling at 55a60c bv the car
load; eggs are selling at 27@2sc in are los sweet
potatoes are SA15 t8 Dbl; cranberries SlGd12 " bb
Plaster Is without change Provisions firm both
for beef and pork. Salt is in good demand ana
prices are regular. Sugars are u tri1e lower for
granulate, and coffee crushed; the demand ia good
and the sales of the products of the Forest City Re
fnery and the Eagle Refinery are very large. Teas
are very firm. and though our quotations are un-
the New York market. Tins are little off for plates
but no change in pig dns. Wool Is very quiet,
the demand at this time from manufacturers being
checked by the situation Of the money market. But
there is DISPOSE ion on the part of hod to force
their stocks upo the market
FREIGHTs-Freights both foreign end coastwise,
inactive and there is very little inquiry for the
former. The engagements since our last report are
brig Deborah Sonle hence to ~ side of Cuba at 90,
U. S, currency for the voyage out; brig ijeHough-
ton, same voyage, 5000 out, bark Blanche Howe
hence TO Buenos Ayres on p t. Coastwise, the
schr Seguin was taken, from hence to Savannah a t
25o W Dol for ground plaster and thence to Yarmouth
Maine at Sl4 for hard pine; brig George S, Berry
hence to savannah at SIS for hay and thence to Bos-
ton at S Y 80 for hard pine Lumber freights from
here to New York and Sound ports are dull and un-
changed