Wilmington journal., 1873-07-18
REVIEW
IkENIE"
OF THE
WILMINGTON MARKETS,
FOR THE
WEEK ENDING: THURSDAY,
July II, 1873.

THE CROPS-Our information re-
garding the crops this week is with
few exceptions, only a repetition of
that published in our last. In the
upper part of Richmond and Anson
counties The corn is being attacked by
Il very destructive bug known as the
"chinch bug" and much damage has
resulted from its ravages. Cotton in
these two counties is growing finely
but the wheat crop is barely an
average, In the eastern part of
the State the crops are growing finely.
The farmers have been having equal
rains and dry weather and most
farms are exceedingly in gool condi
ton. Our South Carolina advices re-
port little change. The cotton and
corn is growing well, and notwith-
standing the diff culties under which
the season opened, a large yield is
expected.
COMMERCIAL EPITOME-The
influence of the holidays upon the mar
ket of the previous week fully
died with that week. The merchants
and business men generally have re-
newed active operations and during
the current week the volume of busi-
hess has been as large as usual, bnt i'll
most articles of produce the feeling of
confidence has failed, and ft,r these We
have had a dull market, bnt the Naval
Store trade along the wharf has been
sufficiently large to countcract the
sluggishness Of other articles, and
taking the trade as n whole, We have
had u lively market. In several
branches Of business, most articles
show some decline, bnt in most of the
leading articles of produce the volume
of transactions have not only been lib
eral, but prices lii some cases show an
advance, and besides, there is such Il
return of confidence in mercantile cir
cles as promises well for the Fall trade
SPIRITS TURPE&TiNE-The large stock in
market and the heavy daily receipts
being largely IN excess of the demand
for shipment, the confidence displayed
and mentioned in our last report has
failed and during this week the market
has taken downward tendency AMI at
the close we fail to notice any improved
feeling. RosIN-The activity displayed
during the previous week, has been
fully maintained ON large scale and
the trade this week has been upwards
of Is, 900 bbls. at advanced prices both
spot and future dealings. CRUDE TUR-
PENTINE-There is also some improve
ment to be noticed in the raw material.
At the opening Of the week the market
remained steady at frmer rates, but in
the middle of the week it became firm
| er and advanced a fraction. Toward
| the close, however, the tone is not
strong and it is thought that it
will react to former figures
TAR-Has been almost entirely with
out distinctive feature. The receipts
being in such fractional quantities as
to offer no inducements to purchasers
to pay higher rates. .COTTON-The
meagre and unsatisfactory report from
New York ard other cotton markets,
has had due effect upon this staple
and our market is scarcely market
owing to the light transactions. There
was, however, some demand at the
close of the week, and some few trans
actions transpired, but no changes o
quotations resulted as far as we coulo
ascertain. GRA1N-The market con
tinues to maintain its former firmness,
and we also mention an advance both fOl
carge sand sales from store. PROvIs
IoNs-The frmness of the Baltimore
apd Cincinnati markets has had thu
tendency to harden our market, bu
dealers report no transactions at highe
figures. DIZZY GooDs-The trade ha
not assumed much larger proportion
than were noted in our last review
Tho trade in Summer fabrics is still
lively, and retailers are having fal
season, and are sacrificing to a consid
moving them in the Fall changes Q
business houses. MoNEY-There ha
been an active business in our loca
money market, and the demand fo
discounts for afew days were so larg
as to make the market rather close
but the returns from July collection
are now coming, and the banks hav