The Portland daily press., 1874-01-22
FINANCIAL AND COMMERCIAL
Review Of Portland Markets

WEEK ENDING Jan Il, 1874
There is no excitement speculation in any Of the
markets, but healthy tone prevails and in many
cases there is an upward tendency. Purchases are
generally made in small quantities, especially by
country merchants who send in orders to fill out
their stocks with such articles as are daily wanted
The signs continue good for large Spring business
The stocks in the country stores not heavy and
they must be largely repenished in the Spring. The
money market is easier than it has been. The dis
tribution of the semi-annual dividends on bank
stocks, bonds. &C., has thrown large amount Of
currency into circulation, which has materially re-
heved the pressure which existed. Gold has been
steady at 1l1@l1lA during the week. The rates on
Wednesday, 21st, were 111f@111a.
Apples are plenty and the choicest sound fruit is
selling at $5. Dried apples are rather dull at 1O913c
for Western and Eastern. Beans are lower for me-
dulns, which quote at 80 1902 g. for choice ar
ticle. Box shocks are scarce and firm at 759soc
Bntter is plenty for common grades, but choice
ticle is rather scarce We quote ordinary fair at
3O933c, and good to choice at S7@4Oc. Cheese is
steady. Coal is without change. Coffee continues
firm at 3o93lc for Rio and 3S@3sc for Java. Coop
erage is in light stock, with good demand for hid
shocks and heads Copper is quiet. Cordage is un-
changed. Dry goods are quiet with much frmness
for cotton manufactures. Drugs and dyes are un-
changed, except slight shading on opium. Duck is
steady with good demand for Portland manufac-
lures. Fish are without change. There is an in
creased demand for dried fish, which will continue
up to the season Of Lent Flour is quiet and rather
inactve, purchasers not being inclined to take large
lots, on which they can obtain small concessions.
Fruits without change except for lemons and
anges, which are selling at 81 5o@6 Oo for lemons
and So 509s rs for oranges. Valencia oranges are
selling at So 5o@3 80 case. Grain is higher and we
quite at 959Gc for mixed and yellow and 81
for DID, oats 6596sc for brown and white; shorts
are $50 ton. Hay is dull at SIG @l8 " ton for
pressed Iron is firm and tae market is more steady
than it has been for some time Lard is firm at 1O4c
for terce and 103c for kegs. Leather is quiet and
steady Lumber is very quiet but there are no
changes in prices Molasses y steady; the stock
old cropis quite light, and the crop is now daily
expected. Nails are steady at s475 p cask. Naval
stores are quiet with slight advance on turpentne.
Oils are unchanged except linseed and castor, on
which there has been marked advance dusing the
week Linseed has gone up to 96c for raw and 81 OF
for boled castor has advanced to 81 1902 co. Paints
are without change. Plaster is steady. Produce is
little more active but prices are unchanged Pro-
visions are firm especially pork. Salts in good sup
ply and the market is steady. Sugars are not quite
so firm and granuated is little off, selling at 10jc
coffee crushed is held at 93@1osc according to the
grade. Teas are very firm with an upward tendency.
Tins have advanced 25c plates. Wool is quiet and
unchanged, with more inquiries, and no disposition
on the part Of holders to push of their stocks.
FREIGHTS-There is still an excess Of tonnage
here above present demands, and rates are not 50
firm. The following are recent engagements: Schr
Marcia Reynolds hence to side Cuba and back N
of Hatteras at S4 10 for molasses; brig Lena Thur
low same voyage at 81 62a for moasses and Soc fol