Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-06-06
REVIEW
LsIENIE"
OF TIE
WILMINGTON MARKETS.
FOR THE
WEEK ENDING. THURSDAY.
Juno 9Th, 1873.

THE CROPS-Our information iii
regard to the growing crops this week
is from the Eastern section of the
State and along the line of the W. &
W. r. II. In the Eastern counties
where the land is low and not well
drained, the late heavy rains have done
some injury to the corn and cotton,
not enough however to report, and
with seasonab!e weather for the next
week or SO all the backwardness will
be fully regained. Along the line of
the w. & W. II. II. the crops generally
look well. On the 1st and I'd inst. por
tons of several counties We're visited
with hail storms, which did some dam
age TO the tender corn and small gran.
The cotton which is we'll up received
little if any damage, and the farmers
are hopeful of full yield. Tie rains
have prevented in some sections the
working of the crops, and the grass
has gotten slight start, but with only
occasional rains it is hoped that by the
time we shall report again, that this
obstacle will he fully overcome
( L. $. Since the above was in type
we have received information from the
South Carolina crops. In Marion
county they have had almost incessant
rains and no chance to clear the grass
from The corn or cotton. The grass is
getting such Roadway that the farmers
are almost i'll despair, hut are doing
all they can to chop it out. Darlington
county is in little better condition.
/ The corn is comparatively clean and
the cotton is growing. The rains still
continue and farmers are longing for
dry season.
COMMERCIAL EPITOME-The
volume OF business during the week
Just closed has been only moderately
large and trade generally continues
sluggish and inactive, and, in fact, has
been almost at n stagnation. IN the
OF business to fill export orders and to
cover May contracts has been done,
but outside of this, there was little or
no activity, the speculative Increment
being confined to a very narrow circle.
Spirits Iu13)cntinC-The market in its
earliest stage this week, was fairly ac-
tive, and continued SO for some time,
prices being at about as they were last
week, but subsequently q dullness set
in and the market gradually sue
cumbed to downward, dull ten,
dency and has given way almost daily.
Rosi,a--The market was active early in
the week and was probably kept buoy.
, ant by the pressing demands to fill
May contracts, but like the Other
branches of the trade, beca ne weak
and has declined. crude Ttnpcntint
:. Through the cxcrted efforts Of the re
t ceivers, has managed to sustain former
prices, but at the close does not exhib
it any firmness and decline is antici
:, pated. 1ay-The export which were
V heavy during the preceding week, re
J duced the stock to within small frac
ton. This put the market up and TO
, some few days there wasa decided ad
| vance, but the receipts were hurried
III and being thrown upon the marke
broke it, which has since de
, clined. COtton-There was little or n,
0 demand the first two days of the week
/ but at the close there was considerabl
;, enquiry and the transactions were full
? equal to those of last week. Gr0@n-
: Shows some improvement of tone bu
|, no material advance of rates. P'ouis
$ ioas-Are- generally dull, and hav
;, barely sustained former quotations
It Dry Goods-The retail trade seems
:. be fairly liberal. There is little doin
e in the wholesale market and orders al
g short. Country merchants have bee
3 ordering only the lighter fabrics fc
J. the Summerw wear. MOncy-Thereh f
e been quite an active demand for none
.. in our local market most of the weel
s. deposits have increased to such an e,
" tent that the banks are now able
tlke up all the acceptable paper offe
&c ing. The special feature of the ma
N. ket and the changes III prices of tt
81 leading articles of merchandise f,
of
the week ending are reviewed as fo
lows
as COTTON.-The market during II
~ past week has been quiet and pric
h, are without quotable change. 1t m,
be noted, however, that the beH