Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-02-21
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eral markets has been only fair and
about equal in volume to that of the
previous week. An item of particular
interest has been the advance of Spirits
Turpentine and Rosiu, and of the
latter the extreme large movement and
the heavy transactions for future de-
livery. Cotton has been very quiet,
with barely sufficient transactions to
regulate prices. Provisions have
shown but little movement of i'm
portance, but the market has ruled
firm and full quotations have been OBJ
tanned. Grocers have sold to fair
extent. There has not been much
| change in the rates of discount in our
! local money market. The Banks have
discounted very freely, but at the close
there is a disposition to discount only
for depositors who have strong claims
upon them. The changes of prices of
the leading articles and the special
features of the week are reviewed as
! follows:
, COTTON.-The market for this
staple has been very dull during the
week and prices have again eased off,
with anfavorable advices from New
York and abroad. The market suf-
fered its principal decline on Saturday,
Wien our quotations were reduced ].
cent on low middlings, ] cent on mid
dlings, and 20! cent on the lower
styles. The causes of the declines
have been various, but is principally
owing to the very heavy receipts at all
the ports, The offerings on market
this week have been principally of the
lower grades with only few small lots
of fine grades. The receipts at our
port for the week were 975 bales, and
with only moderately large exports the
stock shows small increase, and is
now 3, 800 bales.
The cotton movement for the week
az compared with last week shows an
Increase in receipts aad decrease in
exports. :Ehe receipts at all the ports
for the week were 1876, 81 bales
against ia, GIG bales last week, 135,
1913 bales the previous week, and 1876,
225 bales three weeks since. The total
receipts since September 1st. 1872,
are 2,37a,s26 balea, against against 2,oo3, o5a
for the corresponding period of the
previous year, showing an increase
since September LIST, 1872, Of a7a,f7a
bales. The exports from all the ports
for the week were 80, 564 bales, against
SO, $50 bales the same date last year
The total exports for the expired por.
ton of the cotton year are 1884, 26A
bales, against LOTS, OPT bales for same
time last year. The stock at all the
ports is SAG, $50 bales, against af5,.
4o7 bales fpr sane ssae, d a.sss. Apast year
The stocks at the interior towns are
IS, 036 bales, against sss05l bales last
year. The stock of GOTTEN III Liver
pool is AS coo haies, against 400, 900
bales last year. The amount of Ameri
can cotton afoat for Great Britain i,
1860 bales, against zoe, 900 bale'
last year. The amount of Indian cot
ton afoat fox Europe is 1O5, 900 bales
aea;i--.st 261 900 bales last year,
The following salse comprises tn
transdo.,,iioas Tor the week: Friday
sales ,ss;'t Of q bales at 70 cents and do
at 49, cents. Saturday-sales of
S bales at 49, cents, ~ do. at 10. ccsns
and do. at 10! cents AapAstsy-sale
% bales at 17@laseen,s, I do. at Is
, cents, . do. at 10 cents, and 4 do. a
q 49, cents. Tuesday-sales of 5 bale
at IL cents, 6 do. at Is cents, do. a
1s. cents and 8 do. at 10 cents. Wed
Il nesday-no sales reported. J&arsda
4-sales of Is bales At -! cents.
. We a.ots as follows:
Ordinary ..1 6 cents
D Good Ordinary ......l7a 8