Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-12-25
WILMINGTON! iRnKETS

COMMERCIAL EPit0nfl-Ea ali
week is over and the excitement at
tandant thereon has in q r1gcner sub
sided. The Wholesale markets gener.
ally, however, exhibit the duflGess in
cident to the season, and IN Tire lead
| ing staples the N oFemeHt Is ss1asalp Of
taut, though prices have exhibited a
firnne IS. The retail trade particularly
III holiday peeIaiities IS very active,
the business streets presenting the APP
paarancc Of more than usual anina-
ton, though Of course tsis can last
but for few days, and 81 stta- not ex-
/ pect to sec business shaFsssessss %. ma
ton or activity befora ttii:3 gtp 4; Of It he
year. The Northe IN gs4m4cid
Press is now agitated rs - whit ac-
! ton Congress vail tslso ia Financial
! Leg islatio3. y numbeE o. schemes
have been seS forth B. tie !eilMg pa
| pers, bnt as we are, and, have always
| favored Initiation 70: tho SeUti4, we OF
course hope that Congress- vi decide.
to give Us more currency rather than
increase the vaiae 81 the litt,e which
is now IN circulation i;ero- lls-sl -
The II. Y. ,Shippj32J aay tsmH3tr-
ciaL list has the following rclafi3e to
the general situation :'.'. s'.'''''.'''Z
"As usual at this period, there. d an
Increasing demand for inuneY from the
business classes for doubling TIE elpe
Of the year, but it is far from being as !
active rs III previous years, or IS has
been generally expected. This is ON d,
ing TO the relaxation of large business I
and industrial enterprises all through F.,
the year, which has probably been the !
least satisfactory IL Its Commercial! as |
poets Of any since tho war. That some ,
firms will be pinched to 60 through is /
to be expected under tie oircurl- |!
stances; but III view OF the conceal !
sanity and souudness Of business no (
serious difIicuityls apprehended among .
the mercantile classes. The banks are !
strong, and they are devoting their
ability to fhe promotion OF legitimate
business interests, rather than the
speculative. II the year has been
hard one for the trading classes, it 5
a satisfaction to know that the mis-
takes and abuses which precipitated
atoned for, and when the last traces OF
that unhappy event shall have 6isao-
peared, Lew and better era OF prog
perity viii dawn upon the country
That era viii be hastened if Congress
VIII but do its simple duty in regard
to the finances. Let that bod, make
the Nations promises to pay rs good
as gOld, and purge the tariff system OF
IFS oTplIcatlons and abSurditles, AMI
it will lay the foundation for pros
perity which Will be safe and en-
during
La our local market trade las been
slow. In some branches oftrade prices
have rallied from the depression which
has marked them for some weeks back
but the markets generally axe dullaEd
The naval store business in spirits
and ros;n has exhibited
more hrnness, and the former hes
: 'riI ~ advanced while the latter has
been bouyaut and nrm for most OF ttEe
week. The shipments for the week Of :
laval stores and cotton were as f.
.ows: 1879 bales cotton, 1872 casEs :
spirits turpeutine, G,Q92 bhls rosin
against 3. Il bales Cotton, 2,GSi casks
spirits turpeLtDe and y, $50 DUIs
cosin for last week.
Foreign freights are firm, with a.
ample supply OF tonnage at command
20 meet tie shipping demands.
The chief features ofthe market ana
he changes OF price OF most Of the
eading products and manufactures for I
.he week are as follows.
COrION.-Since cur review OF the l
18th the cotton market has been very
lriet. and there has actually Leen less +;
rading doing, though the receipts
nave been large ard better facilities
nave been offered to those who desired :
% handle The article. The depression :
If prices, caused by unfavoraple tile :
grams from abroad have acted as
drawback to SIP culative trading, and
he movement has been strictly legiti-
nate. At the close the market is re-
ported quiet and steady at the quota
ions annexed IN table below;
The receipts for week wee rs
Ollows
Friday. Observation-Disclosures. t77 bales.
: atl1r0av cor !