Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-09-05

Is very light and is held principally b,
exporters PROVISIONS Have declin
ed / to cent. The market is we'll sup
piled with Western bulk and boxel
meats. North Carolina bacon ha.
| ceased to be an item of Importance
GRAIN-There are no changes in tn.
| grain market. Corn is steady anG
| Oats likewise. Peas are scarce anG
wanted, and would probably secure
advanced prices. DRY GOODS
! is steadily increasing business in this
line and the certainty of a prosperous
Autumn's trade seems to be assured.
There are some country merchants in
town, and although they are not ex-
pected to arrive in force until the mid
die of September, the indications are
that the trade will become active ear
lier in the season than usual, because
stocks of goods are light in the coun-
try. and the earlier flow of currency
from the city to rural districts has fur
nished the means for paying debts and
buying new supplies. The tone of the
market is strong in all kinds OF cotton
fabrics, and while there has been no
further advance in prices there are in
timations that some brands of bleach
ed goods will be put up at an early
day. Wooden goods are also very
strong, and the tendency is upward.
MONEY-In our local money market
there has been a moderate degree of
animation during the week. The de-
mand for discount at the banks has
been fair and the rates for long or short
periods have undergone no change,
The financial outlook, upon which is
based the expectations of merchants
for the Fall trade. is very favorable,
and there is reason to believe that
money will be circulated freely.
The changes of prices of the leadin?
articles of produce and merchandise,
and the special features of the market
for the week ending, are reviewed as
COTTON-The cotton market has
been very quiet all the week, owing
to the extreme light stock
held by sellers aud to the Indifferent
quality of cotton placed on market.
There was some enquiry, and there
was more disposition manifested by
buyers to purchase, and advanced
rates would have been paid i'll accord |
ance with the advance Of New York
if any desirable qualities were
offered or sellers had exhibited any |
to effect sales. The cotton |
market in New York has been active |
and buoyant for spot cotton and
steady advance was gained. Ours in |
sympathy has also partaken of this |
Iirmness and sellers have been hold |
ing for.higher figures. The Financial |
always good authority, in |
upon this ADVANCE says:
THE improvement is due to the di- |
stocks, consequent upon the |
good demand for export and cOnsump- |
lion, to the lateness of the growing |
crop, and the continued reports of |
injury from caterpillars these facts |
together with an ever-existing large |
out short interest sensitive to every |
rumor with regard to the |
crop have resulted in the |
upward movement" The receipts at |
our port for the week were only 81 |
BALES. The exports were 1S9 bales |
md the stock in market is $50 bales.
Ill of which is principally held in
second hands.
The general Cotton movement for
he week was as follows It appears
that the total receipts at all the ports
for the seven days have reached 8, 237
bales, against 10, 541 bales for last |
week, 10, 4Sl bales the previous week |
and 10, 6S4 bales three weeks since,
the total receipts since the |
first Of September, 1872, 3,617, $50
bales against 2.724, 1S9 bales for the
same period of 1912, showing an
increase since September LIST, 1872, of
393, 1897 bales. The exports for the
week ending reach total of IA, 957
bales, of which 1922 were to Great |
1,6S5 to France, and none to
rest of the Continent, while the stocks
as made up this evening, are now
lO0,247 bales.
We quote nominaIly as follows: