Wilmington journal., 1873-07-25
REVIEW

WELM NGTO MARKETS,
For THE
LuIy II, 1873.
COMMERCIAL EPiTOME-Thcr
has been IA decided falling off in trade
| during the cur cit week. At the
"Produce Exchange" there was not so
much enquiry existing for either Rosin
or spirits Turpentine, and there was
| not SO much done in the way of trans
actions. The enquiry though not 50
heavy as it was the past week has,
nevertheless, been good, and ne notice
decided improvement in Resins. In
the principal articles of merchandise
comprising the wholesale grocery and
provision market there has existed a
good country as well as local consump-
tive demand, and this branch OF trade
shows little variation of prices. The
market as whole, however, wears the
appearance of midsummer generally,
and many OF the leading merchants
are retiring from active business to the
usual summer reaction, caring not to
increase their stocks but purchasing
only to supply their current demands.
The scarcity of tonnage and the small
export demand for Spirits Turpentine
has caused a feeling of dependency
to pervadc the market and holders
have sacrificed their receipts at the
prices generally offered by buyers.
KosINs-Havc however been in good
demand for spot and future delivery,
and have advanced materially over
last W, eil's figures. The movement
has been principally for future de-
livery, the stock Of common grades on
spot being small and very small
quantity has changed hands. CRUDE
( TIEPENTEE The demand both for
, export and home consumption this
week has been larger than usual, and
been enabled to obtain better prices. At
the close OF the week, however, tie
market Is not SO firm and sellers antlcl-
pate decline TAR-The stock Of Tar
has decreased almost to 4 fraction.
Tie receipts We're extremely small
and prices have advanced about 20
| cents. COTTON-The market has been
/ more buoyant during the week and
/ we have to report an advance Of to
! cent. The stock by free export has
continued to decrease and when last
! t lken did not exceed 700 bales. This
/ is principally held by exporters and
! has not been offered on market only to
small extent. GRAIH-TLere was no
arrivals of cargoes and very little ami
nation has existed in the open market.
Dealers are well supplied and the
Changes from store are few and OF little
importance. PROvISfONs-A dull feel
ing has pervaded the market all the
week, but prices have shown no impor-
tant decline, and the market is written
quiet but steady. DRY GooDs-The
trade has not assumed much larger
proportions than were noted i'll our
last review. The trade in Summer
fabrics is still lively, and retailers are
having a fair season, and are sacriti-
cling, to a considerable extent, theil
stocks to keep from moving them IL
the Fall changes of business houses
MoNEY-The demand for money this
week has been as large as usual ut this
season of the year. In the
open money market there is only {
light business being done, but the
banks are having frequent calls fol
} loans on collateral security and are
discounting acceptable paper at un
changed rates. Money, however, il
not easy, and the merchants general.
complain Of the extreme difficulty IL
making collections. Those who hav,
advanced on the growing crops are re
ceiving little or no returns. Th'
changes of prices of the leading arti
, cles of produce, and the special fea
lures of the market for the week, wer
as follows:
l COTTON.-Under the influence O
! better telegraphic reports from Ne,
e York and Liverpool during the earle
7 part of the week, the market was firme
and our quotations were advanced 10
. cent. Since Saturday there has bee
' no new features developed in the maj
4 ket and to-day it closes steady at on
I quotations below. We give place to
day, with pleasure, to an article whic
e we copy from our valuable exchange
: the Commercial and Financial ChrOn
Gle, which paper, commenting upon tn
. situation of the Cotton trade, Offer
the following:
"Our readers are aware that durin
the past few weeks there has been
- - severe contest going on in the cote
, market between the operators fe
D higher and lower prices. The Sbul
:. hold a large number of contracts IL
- July and August, and believed th
there was not enough deliverable co