Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-04-18
REVIEW
OF THE
WILMINGTON MARKETS,
FOR THE
WEEK ENDING THURSDAY.
April ~. 1873.
r EVIEW
THE CROPS AND THE PROS


PECT.-Our reports for this week en-
brace about one-third of North Caro-
lima. The season was so cold up to
about the first week in April, and there
was so much rain, that the farmers
gould do but little besides fencing and
preparing manures. Since the time
mentioned we have had warm and dry
weather, which has enabled them to
plant nearly all their corn lands, ex-
cept some cold. low grounds, and ON
some of the high lands the corn is up,
with fair stand Unfortunately, as
we think, there is not enough planted
The cotton lands are being put in fine
condition, and the amount of compost
IN lde and fertilizers got ready is graft
flying to those fond of such pursuits.
There will not be much more land put
in cotton than last year, but it is better
prepared, and there are more manures
ready to put III with it: Some few
farmers have planted small pieces Of
cotton, but the majorityQ Of them prefer
to wait until the season is more adj
yanced, the land warmer and the corn
crops fully established.
Oats are very backward, and but
little show is made yet. They have
been ke.led ont in many places by the
cold spells in March. OF the other
small grains not enough is raised in
the Eastern counties to require remark.
Altogether, though starting late, we
have fair auspices and a prospect be-
fore us for a good crop.
COMMERCIAL EPITOME-Tr
has been sluggish during the week,
and the volume of business has been
light for this period of the year. The
stringency i'll money, as felt over the
entire North AND South, is now looked
upon as the chief detriment to the
trade: Rosin-The transactions this
week have again heen mostly under
hoard. In the earl y part of the week
a good feeling was manifested, and the
market advanced, hut for the past day
or so there has been reaction, and
extreme caution is exhibited by buyers
in making purchases. Strained is not
auotably lower, but the undertone of
the market is not strong, and prices
are easy. Spirits Turpentine-Early
in the week held a good position in the
market, but towards the oiOse is also
weak and unsettled. Cotton-There
has barely been sufficient done in the
way of sales to make record of. Prices
remained much the same as given in
our last. Grain-The grain market
has also been dull in the absence of
arrivals worthy of mention. In the
scale of prices there is little change
Peas have advanced fraction, other
grains are quiet and steady. Provis-
ions-The extreme large stock has had
the effect to rather soften the market.
We notice small decline in cut and
boxed meats, but native productions
and Virginia bacon remain firm at the
last quotations. Guanos-The demand
continues good, but henceforward we
shall notice decrease, as planters have
nearly supplied their wants for this
season. Dry Goods-The cool weather
Of last week has been succeeded BY
mH}ore seasohia9b1e and spFins.;hke tenn
peratnre WHICH has induced country
dealers 70 purchase more freely, anf
the volume Of business has been thu
largest of any week this season. Their,
is !. more comfortable working of tn,
money market, but still money is no
easy, and discounts are tight. Banks
however, are accommodating the mer
chants at the usual rates.
The special features of the marke
and tho changes in prices of the lead
ing articles for the week ending are re
viewed as follows
/ CC1Tt u, e4tton there has bee
~ metaf.ent during the week WORT
mentioning, business being restricte'
by the fact that there are no desirabl
lines of cotton offering, and by tn
extreme indifference. and quietness o
the Liverpool and New York market,
also the invention of "<oop tridSS,,
ulica Vas oLsos&d as a'general holli
day 'at" both cities. . We cannot ga
that the market is qnotably lower, a
the soles during the week will no
overreach 60 bales, and these wer
principally of undesirable. trash