Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-03-28

to be graliua increase in the voinm
of business in this line, but as ye; it
not very active, and only those Of Oh
jobbers who have country trade ar
doing much. As there is soma it'll
! discussion as to whether tho decline c
Cotton will affect the market, we Civ
here the opinion of tho New fo,,
Journal nf Commerce: The mate
rial decline in cotton has naturall
attracted the attention of the trade
and the question arises, what will b
the effect npon cotton fabrics ? Ia an
sHer 10 TICS it is asserted that there i
no surplus stock of leading articles
and the mills are bchind in their OF
ders, SO that, while eventually lowe
I prices must prevail, the, spring trad
! will abs ~b the stock now on hand, a
existing prices. The first line OF good.
! likely to be affected are brown sheet
| ings, bat they nre scarce, and the milli
! cannot keep up with their orders, Sc
! that they are likely 80 remain firm fol
some time to come Money-The
| money market has not been as tight fol
many months rs at the present time
The banks are short Of funds, and
have refused entirely, during the week
to discount Taper. The shortness o.
funds is attributable TO the fact that
our merchants have drawn out thei,
deposits to purchase their spring sup.
pies It is thought as soon ms the
spring trade opens fairly that the de-
posts will materially increase, and we
may look for more comfortable work
lug OF the market.
The changes IL prices OF the
leading articles and the special
features for tilc week ending to-day,
art. reviewed as follows
COTTON-For this staple the mar
ket here has, through tine week, been
extremely dull and depressed, nor are
there any indications of q reaction at
the close so far as VIC can discover
There has been scarcely any sales aad
since the opening of the week prices
have declined fully from TO I cents.
At Liverpool and New York the mar
kets are reported quite the reverse OF
ours. In both Of theae markets this
article has had On excited and varia bic
tone. while in our market there has
been nothing Of Importance doing and
at present the market is in an entirely
nominal condition. There has been
some small sales OF or binary qualities
at figures from ! 4 toll cents, but fine
grades are not offered at all and the
buyers are correspondingly few. The
receipts for the week were about 800
bales, Sigh: falling off, while the
expects were somewhat larger and the
stock is reduced AMI. is now 1888
bales.
The cotton movement for the week
rs compared with last week shows
some improvement in expectations,
and slight falling off il the receipts.
The receipts at ell the ports for the
week were 81, 195 bales against So, G33
bales last week, 81, 307 bales the pre-
vious week, and 105, 52S bales three
weeks since, making the total receipts
since September LIST, 1872, 1854, S73
bales, against ., 3S6, Al for the corres-
pondine period of the previous year
By this it will be seen that the increase
since September ], 1872, amounts to
sos 500 bales. TIE exports from all
the ports for the weak were 6S,57S
bales, against IS, $50 bales the same
date last year. The total exports for
the expired portion of the cotton year
are l 1903, rs bales, against 800, 625
bales for same time last year. Tho
stock IT all the ports is 81 $40 bales,
against +21, 3o3 bales for same date
last wear. The stocks at the interior
towns arc los, 211 bales, against -, O34
bales last year. The stock OF cotton
in Liverpool is COZ, 900 bales, against
Sic, 900 bales last year. The amount
of American cotton afoat for Great
Britain is 30, 90 bales, against 203, 600
bales last year. The amount of India
cotton ahoat for Europe is 13s, 900
bales, against 413, 600 bales for the
same period bales last year.