The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1874-01-08
FINANCIAL AND COMMERCIAL
Review of Portland Markets.

WEEK ENDING Jan. Z, 1874.
Although the business transactions of the past
week have not been of large amount yet they have
been fully up to those of the first week of the new
year in any previous year, and the markets have
been strong with upward tendency, and an ad-
vance on some articles. There have been no specu-
ative transactions and the sales have been made in
strictly business purposes Tne jobbers have about
got through taking accounts of Stocks and will now
prepare for the spring business, which promises to
be favorable. The money market is easy. Gold has
advanced and sold on Tuesday at 11IG111k On
Wednesday the rates we're 111G11if
The produce market is not very active though
prices are well maintained. Prime apples bring So
p Dbl; Beans steady at So 1908 81 for choice
handpicked pea and yellow eyes, Butter is firm at 25
3oc for ordinary and 3o93sc for good choice quail
tiles; Cheese is steady at 1s66c for choice factory;
Eggs are selling at sc in lots: Onions SIS 5O6 90
W bbl Potatoes 65d75c by the carload; Cranberrie.
80 5O910 so y Dbl; Poultry ranges at12a15c for
chickens and ducks, and l591Sc for turkeys
Box shocks have been in good demand at 75dsoc
Coafis without change Coffee is very firm and the
tendency is upward. Cooperage is in light stock
with good demand. Copper is quiet. Cordage is
&c off for Manila. Dry goods firm for all cotton
manufactures and prices are sustained. In drugs
and dyes we note reduction opium rhubarb and
dull Flour is very firm and an advance must be ex-
pected prices in New York and Boston, as well as
in the wheat growing regions have gone up. Fruit
is firm with an advance on loose Muscatel rasins
Grain is firm. We quote corn at 9Od92c for mixed
and 92993c for yellow by the carload; and oats at
Csc. Hay is dull and dealers decline paying over SIS
for the best pressed. Iron is steady and firm, Lard
is unchanged but firm Leather is in fair demand
for sole and there is rather better enquiry for up
pers. Lime is steady. Lumber is quiet and I'M
changed. Molasses is quiet but prices are firm.
Nails are little OH and quote 0d to God at 81 IS
" cask. Naval stores are unchanged. Oils are firm
with an upward tendency lnseed. Paints are
lower for Rochelle yellow. Provisions are steady
both for beef and pork. Salt is in good supply and
prices are steady. Sugars have advanced and gran
ulated is Id 1Oi and coffee rushed at 9Jd1oc ac-
cordipg to grade, with the prospect of farther ad
vance. Tins are steady. Teas are firmly held
Wool is quiet, the transactions for the week being
rather light: but prices firm.
FREIGHTS-Cuba freights are rather dub, but
there is is more frmness in South American freghts
The excess of tonnage still continues. The follow
ing are recent charters: Banks Ada Gray and A. c.
Bean, and brig Belle Prescott, hence to Buenos
Ayres p t; bark Usage, hence to River Platte at
19nett for lumber; schr Henry A.Burnham, hence to
Card0nas at $1,000 out; brig Deborah Soule hence
10 Las Iunas anu DacK at oZtc 1or sugar ana port
charges; schr Fred jackson, hence to Cardenas and
back 81 so for moiasses tito Portland "a IS fto any
other port; bark Daring, three voyages, hence to
side of Cuba and back at "a 6s for moasses and soc
for sugar; brig Albert, hence to Havana at Ice for
box shocks; brig NJ. A. Berry, hence to Havana
on PIT; brig Minnie Miller hence to Cardenas
on p. t; brig Proteus from Machias to sside of
Cuba and back of Hatteras at IS 125 for molasses
and size for sugar; schr Lizzie Dewey hence to Car
denas p. t. brig Merriwa, hence to Cardenas on p
t. Coastwise freights especially lumber, are very
drll. Schrs Mary j. Ward and George W. Jewett
have been taken for Savannah at 81 for hay, with
return cargoes of hard pine at $40 so.
Foreign Exports.
ST. JOHN. NIB. Schr Edward Wal te-4i0O bbls
-four, 20 tons feed, 100 bbls oatmeal.
Schr Annie E-1400 bbls flour, 165 bags oats 225 do
feed.