Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-06-19

ROSIN-The state OF the Rosin
market as q whole, was not active dur
ing the week, though it was perhaps as
good as could be expected under the
existing circumstances. at the date
of our last report, the 18th inst, the
condition of the market was reported
weak and unsettled. This state of af-
fairs existed during the early part and
middle of the week, and there was de-
cline of strained from 81 10 to 81 62J,
with an eagerness on the part ofsellers
to work off all their stock, and this in
fuX CT stock being thrown on the mar
ket there was rapid depression of
values and a decline CORRESPONDING.
In the middle of the week there was
reaction OF feeling, and for a day or so
| there WAS only light trade, as holders
were awaiting the development of the
market On Wednesday strained
! reacted and advanced to 81 70 for SPOT
rosins At the close to-day the adj
vance is maintained and no further
movement OF the market is noticed.
Futures during the week have receiv-
| ed very little attention. Some sales
were transacted for the present month
at 81 70, but July delivery received
a very slight attention The tonnage
supply continues to increase and more
berths were taken for rosin than last
week, but the receipts are in access of
! the exports and there is q gradual ac-
emulation OF stock. At the Exchange
this week there was very little attend
ance and very little trading was done
on the floor. In the open market there
was considerable transactions. The
following is a synopsis OF sales and the
condition Of the market from day to
day during the week: Fne first day
of the week (Friday) the market Open
ed quiet and nominal at s. 60. There
We're 10 sales during the d.. and
81 Is was the highest offer. Satur-
day the market continued dull III feel
ing, but there was more demand, and
Sc Iers seeing ii impossible to maintain
prices threw their offerings on the
market which caused 4 decline to
81 r. The sales We're as follows. ], 800
bl'ls strained, buyers option, June de-
! livery, ut 81 so: 900 bbls DO, buyers
option juno, At 81 70; 800 bbls. buy
ers' option July, at 81 -; 500 bbls do
spot, at 81 10; also sales of 900 bbls
No. ut 81 10; 135 bbis low Pale at
$4Q1$i % and 10 bbIs extra Pale at
s. 50 Il Dbl. Monday there was no
Ctutftit lcI Hlftih EoSinS, nut the OIcr-
inGs were large. For Hume delivery
there was az enquiry, but the prices
obtained We're decline Of !; cents on
the previous days figures. Tho sales
were 2, eco hbls strain buyers op
ton June, at 81 20 Il bill Thursday
the market continued dull and there
was "a further decline OF 4 cents on
strained, tie sales being az follows
SOC hbIs strained at 81 70; 500 bbis dc
at 81 Go; SOD bbls 90 at 81 629 and Il:
bbls No 2 at 81 IS p bhl, Wednesday
there was a slight reaction of feeling
on the part OF buyers, and during the
afternoon there was an advance oi
strained TO 3 3. Che sales we're 35t
hbis straiueJ, delivered, at 81 70 and
50 bbis extra Pale at 81 62g. Sales
later OF 500 blsis strained at 81 rs +
hbl. To-day Thursday at the Gloss
of our writing the market 10 reported
, steady at 81 Is d bbl.
No. 2 and Pales-For these grade.
! there was more demand than usual