Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-12-11

| BILE circumstances. III the premises
upon which current prices are based
are sustained by failure developments,
! the final outcome of the season may be
| satisfactory, but there IS SO much that
| is artificial and purely speculative in
| the trade this season that its influence
| is to produce a want of confidence in
| the course which the market has taken.
Toe very large short interest which
! has been created in Chicago may sus-
tain prices until the end Of the pack
F.. ing season, and there is not n little
| buying of the product here for future
| delivery by partiey from tho country,
| which has tho Same stimulating effect.
! but there is no Disgusting the fact that
the consumptive demand, domestic
and foreign,is much short OF last year,
and whether the packer who puts
| meat in his cellar will be able to OBJ.
thin a new dollar for al old one is q
question which is moro than ordinarily
involved in doubt.
Tho following are the ruling
quotations in the provision mar
ket North Carolina Bacon sells
Mt 10i@11 cents for shoulders, 13@14
cents for sides, 1S.@14 cents for hog
round and 1919 cents for hams. We
quote Western Smoked at 1O@1O, cents
for shoulders, 13}@14 cents for sides,
and 16@17 cents for hams. Dry Stated
sells at 9t@3I cents for shoulders and
12s@l3 cents for clear rib sides.
LAnD-North Carolina is scarce and
wanted. Sells at 1920 cents q b.
Northern steam refined, in buckets and
tubs. sells at 17@18 cents p b.
COTTON YARNS -Tha p,artek
ruled quiet all the week, there being
only moderate demand for small lots
to assert stocks; prices unchanged.
CATTLE-The demand has been
fair for beef cattle during the week,
but the arrivals were light and the
sales small. Prime beeves sell at SO
9 cents y b on tho hoof.
EGGS-There is a good demand
for eggs at the present and quota
tons are 25 to so cents per dozen by
the quantity.
SALT-There is a good stock of
domestic-rather free offerings and
only fair demand. Liverpool and
American sells at 81 15@1 20 per sack.
BEESWAX-Ihe receipts are fully
equal to the wants OF the trade. though
all offered finds a ready market aud
prices dIo wen sustained AT IoEGSS CTS.
q b for prime.
PEANUTS-Thc new crop of pea
nuts are now coming in pretty freely,
and the market seems to have fairly
opened. The following prices prevail
ed to-day;
Educy:: .'....... --S ~ 0O
Extra Prime. -......-.-.. 3O11 40 {
iIL0o- : 20
Ordinary-Nominal !
DRY GOODS.-There has been a !
fair business in this lire during the !
week, and the distribution of goods in !
the month Of November is far greater |
than it was in November last year, |
when of course trade was depressed |!
by the panic. There has been no es- !
sential change in the general features !
Of the market. Such goods as desir-
able styles Of prints are sold ahead OF !
production, ard are very firm, but some |
old styles have been reduced in price to
work off stocks. The policy Of selling
out stocks to a low point seems to be |
general with jobbers, who refuse to |
larry the loads which manufacturers |
or their agents ought to carry, prefer
ing to buy goods as they want them
even II they have a smaller margin Of |
profit. The result will DO q more |
lealthful condition of trade when the
lew seasons open. Our merchants
export increased receipts of money,
and better feeling generally prevails