Wilmington journal., 1874-07-10
COMMERCIAL EPITOME-As i

but there is a good under tone to bus
ness circles, and for nearly all the
leading staples, both for export and
speculation, prices have been main
tanned. The week has, however, been
interrupted by the anniversary of the
declaration of our National Indepen-
dence which has been the National
holiday of the American people for
nearly q century and in accordance
with this time-honored custom there
was total suspension on Saturday
which has made the business week one
day shorj. A general revival of bust
ness at an early date seems to be an
| tic lpated and although the course of
prices since the passage of the curren-
| cy bill has been IN many cases dlsap
pointing, the general tone i'll CONNER
| cial circles is cheerful in view of the
excellent promises Of the growing
crops, an easy money market and
other favorble circumstances.
Our export movement of the week
has fallen off, say in valuation Ss25, 900,
as compared with last week. The ex-
port movement for the week shows
shipments coastwise Ind to foreign
ports of 1S7 bales cotton, 1,T22 casks
spirits turpentine and ,72S bbls
rosin, against 80, J34 bbls, 1929 casks
spirits turpentine and 900 bales cotton.
Our naval store trade mas been indeed
quiet and in some instances q decline
is recorded. The following synopsis
if written of the market. RosIN-The
rosin market is wholly without dis
tnctive feature. Prices have been I'M
settled and the whole tone of the mar
ket has been dull and unsatisfactory
SPIRITS TURrENTINE-The market has
dragged along very slowly and for the
early days of the week it was almost
impossible to secure the ruling prices.
Towards the close of the week better
enquiry sprang up and there has been
firmer tone to the market without
eliciting any advance of quotations. -
CRUDE TURPENTINE-The crude tur-
pentine market has been dull and
downward and prices have given away
during the week so cents on Hard and
Yellow Dip, and SO cents on Virgin
There is very little being received and
the city distillers are manufacturing
prevailed and the market has been
stationary, but we have had only small
advances as the receipts We're very
meagre, and no large lots were offered.
CoTToN-A very quiet market we have
had, and there were few transactions
Quotations are cent lower than last |
week. GRAIN-The grain market |
shows slight duller tendency with a
slight decline of cargo quotations.
CORN-The receipts with stock are
fully equal to the demand. The mar
ket is quiet at the quotations given in
another column. OATs-Are quiet and |
unchanged. The stock is light, as also |
the receipts, but the two com bined are |
fully equal to meet the demands
PEAs--The market is unchanged. The |
demands are and the receipts equal |
to the requirements. ROUGH RICE |
is wanted and will sell at 81 % to 81 40 |
per blshel. DRY GooDs-There is |
little Oh nothing OF interest in tllls line, i
the volume of business being small |
and orders even for the replenishing |
of stock are few and for small quota |
t1ons. The tone of the Northern mar |
kets for bleached and brown cottons is |
decidedly stronger, and the tendency |
is upward-an advance on some kinds |
being confidently predicted before the
opening of the Autumn trade. Light |
colored prints continue to be offered
rather pressingly, and some further
reductions in prices of the poorer quail
tiles have been made, but the STAN
u:lrUS are SeucIdlIy Sttiuy. 1hoNf4
The banks have continued to gain IN
means, while the demand for money
has not been larger than usual. The
market is sluggish and rates of inter
est are unchanged.
The chief features OF the market and
the changes of ?'rices of produce and
merchandise for the week ending We're
as follows:
COTTON-The market has been
fu. thcr depressed during the past
week The reports Of favorable and
improving condition of the growing
plant probably having considerable in-
huence upon the situation of affairs,
holders have been reluctant to accept
still further shrlnkagc III value, and
the offerings have been limited and
the transactions light; quotations
were reduced ! cent Oh Saturday and
cent on Tuesday, and at the close
are nominal and the market dull.
The receipts for the week at our
port have fallen off and were as fol
lows:
Friday y...... % bales.
Saturday --....-...--...--.. :}S
NnrIay 1872