Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-05-16
r EVIL Ew
OF THE
WILMINGTON MARKETS,
FOR THE
WEEK ENDING: THURSDAY,
May Is 1873.

THE GENERAL CROPS.-The
weather for the past week has been
generally rainy throughout most sec
tons of the two Carolinas, and some
localities have been visited with storms
sufficiently heavy to do much mischief.
Vegetation, however, is making extra
ordinary progress, and IL many sec
tions fine stands for good crops have
been made The cold of March IN
April has, however, lett its mark n
many places, by reducing the number
Of fruit buds, vat with q favorable fu-
ture there Is std "a promise u ian
Though iate) crons.
THE CUrTON CROP.-tl go :
sections OF North and South C.ro5ira,
the weather is reported as having Ell
more favorable than last wear for Jhe
preparations Of lands for plahtirr., and
the con lition tiattering, until the re-
cent unreasonable cool weather. The
frost through the country has INJURED,
and in some few localities killed the
cotton, in which replanting will pro-
badly be necessary, bat generally good
stands may be secured, as a large pro-
portion of the crop is not yet up and
even in the districts where it has been
injured by frost, with favorable weather
there may be seed sufficient in the
ground which will come up, and rem
der replanting unnecessary; but there
are many complaints of the late dry
weather, and seed will not terminate
without rain. The area of land plant
ed in cotton is about the same as last
year, an increase of 10@15 per cent.
reported in some sections. The labor
is about the same, and rs efficient.
More fertilizers have been used this
season than last.
COMMERCIAL EPITOME. - The
volume of business i'll most branches
of trade has exhibited very little ac-
tivity during the past week. Business,
however, has been moderately fair,
and in our general merchandise mar
ket some activity was displayed, but
the fluctuations in prices have beer
few, as will be seen by reference to ou1
review below. Naval Stores this
trade fair business has been done
and we notice more steadier feeling
and some improvement in prices as {
general thing, however, there is very
little disposition manifested by pur
chasers to buy to any considerable ex
tent, preferring rather to wait unit
the market shall have recovered from
the late financial depression and TIT
outlook become more favorable. Thu
outlook grows more favorable, there
being at present no less than % larg'
foreign vessels now here, awaiting
cargoes. The stock in market is, IL
round numbers, $4,000 bbls. Thes
vessels have a capacity sufficient t.
carry the entire stock away, but on til
other hand, as the season advances
the receipts of naval stores increas
daily, and the manufacturing of tn
crude material (Which has been al
riviving freely for the past week.
being done en- a much larger scale
COTTON.-There is very little doin
in cotton. The market being de
pressed by the causes spoken of la:
week, and inactive on account of til
inferior quality of grades offering
Grain-Is quiet and steady with
good demand and light receipts. Pr
visions-Are not so firm, but no pos
tive decline has been declared. ID
Goods.-The volume of business Il,
been fair since orr last report, b.
scarcely up to the preceding wee
Money.-There has been a steady 81
: at the banking houses in the abb !'ty
, discount. and although the demand :
money has been active, TN nlal Ike -
been comparativ~iv sv. ",'
5 banks have be- 10 3. '.'
the acceptable pap. d.. 4 =
!, posters, AID have sd T,'f5.~*.' -
: side applications. IN. e..
!, O the market ard =, go
o. the leading aro>c IS 10 ne sc
:, ave been as fol ows:
: COTTON-The market has e
> w. thous any distinctive feature DUR
g the current We Elk, and our remarks
> cur last review are who'll, applical
y t, this week, and which we here
q produce s'The market has exhibit
: the same general features as for So
weeks past. good grades, which I