Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-10-23
SHIPPING fIERt!s : ETS |

HIS hStH no = ~ IL tctlNiEF Ills week
III epy department OF trade, but the
volume OF transactions las been
far 1,ev-rtlf less. and general Y bust
ness throughout the Country la been
progressing q, satisfactorily as could
be expected. considering the very
many influences orerat,n. against
trace as draw backs t. pro -perity
Ia.le is almost an entire abs -nca Of
ATTY spe Cniat!va movement either il
products or merchandise, brs;nesa as
a rule bang confined to supplying
current demands. There has been
some variation ia prices, though there
have been no violent fluctuations. and
generally t..e market closed steady.
The fiuaucill situation is unchanged
On the general condition Of finance
and TRADE, tie New York stripping
List says: There are few or no new
features OF interest to note in refer
ence to financial and commercial
affairs. The money market remains
= cent. discount Of the best nercan-
tile paper, with no dimunition IN the
supply of currency, which, as indicat
ed by the low rates. is in excess OF the
demand. The advance ia the Bank of
/ L.
Thursday, while not unlocked for, has
had the effect To strengthen the mar
ket for foreign exchange and gold,
though there is no probability OF an
increase Of specie remittauces. The
volume Of general trade, though it
falls below the average OF late years,
foots up respectfully; but owing to the
policy of the mercantile
nd 81 VIII vi, hnGr
so conspicuous n feature all through
the year, prices in many instances
have rather a feeble support, espe-
cially in cases where stocks have be-
come redundant. AS regards our prin-
cipal staple, we note further shading
in prices OF cotton, bread stuffs, hog |
products and naval stores, and some |
recovery in petroleum. Manufactures |
of most kinds continue comparatively |
dull, with prices irregular and in the |
main, unsatisfactory. IF business is
not so active as many have expected, |
there is a satisfaction in knowing that |
it is conducted in a prudent, and alto
gether wholesome manner. Merchants, |
as rule, buy what they need and can
really pay for; expenses are being re-
iuced where they are deemed unneces-
sary, and in brief terms the affairs of the
Industrial and commercial world are
,ast settling down upon substantial
oasis. The process OF retrenchment,
md the inauguration Of better econ
)my, no doubt bear with pressing
severity upon many, but there can be
10 doubt that they are healthful IN
heir Influences, nor that they are
the feeling OF confidence in
he future. 1t was not to be expected
hat business, after the strain Of the
panic, and the depression that follow
"a, would recover in one season; the
disease was too deep seated to be thus
Easily eradicated. But = satisfac-
cry to know that we ara on the way
o renewed prosperity, and that on i
much souuder foundation than before.
The export trade is much below that
# the corresponding period last year,
With the consequences of some accumu-
alton OF the leading agricultural
taples and extreme low rates Of ocean
reighte."
In our local market trade seems
he general dnilpess and I'm
satisfactory conditions of the larger
business ports. During the week the
|
,een overcome by feeling of dullness
nd depression. There has been
carcely anything doing and we notice
n entire absence OF any speculative
demand.
The naval store trade has been al
most unprecedently dull and prices
re lower, though there has been no
adical changes i'll quotations. The
for the week, both coast
wise and foreign, amounted to 3, 140
'ales cotton, G,9l8 bbls. rosin, and
99 casks spirits tJlrnentine.
Foreign fre;gjlts are still dull and
OF charter, rates arc still lower than
asst week.
In our local money nirEek We Go
ot remember to have ever Sc; II money
career than at the present time. The
BANKS ask Ell eXhOrbitabt rate OF H.
crest and very little accommodation
j being afforded i'll the line of dis
cunts or sight drafts.
The chief features of the market and
he changes OF prices ot most Of the
aadipg products and manufacture for
ne week were as follows:
COTTON-In this market there has
,een fair demand from exporters
uripg the past week, although the
rmnes8 with which prices are sus
aimed by holders has prevented the
.rawing of any considerable amount
f orders here. Quotations declined
little il the early part of the week
nd ranged still lower on TneSday,
'ut at the close the market is firm
The receipts for the week W. re rs
Ollows
friday ........... 597 bales.
353 50
Ionday ... 40 s.
tuesday .324 50
Wednesday .o63
49,. -.,-.......,530