Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-02-13

b'pls rosin, 7o3 casks splits tur.
rcntilc, n;id % bales cotton
Eo;IN The market maintained Il de-
gree of firnness up to Tuesday, when
there was II slight decline in the lower
I grades. At the close there is 10 i'm
| provement. SPIRITS TURPENTINE, like
rosin. was finn, but afterwards became
weak and declined, but subsequently.
! it regained its tirmncss, and closes to-
F; day steady. CRUDE TURPENTINE-Th
manufacturing demand for the raw ar
! ticle has been iarge and with also u
good enquiry and large purchases for
export; there was an advance, which has
been maintained. Tara slight de
cline is recorded over last week Cor
TON-The tone of the market has been
extremely unsettled. GRAIN has been
one of the-exceptionable articles which
has maintained firm position DUR <
the week. Corn has advanced OATS
mer quotations.
DRY GooDs-Iu this line trade is
quiet, but the tone of the market is
strong for cotton and wooden fabrics,
in view of the strength of the Eastern
markets. The decline in cotton has
had little or no effect upon manufac-
tured goods, unless it be to check the
tendency toward higher prices in
brown sheetings, which can be more
readily produced out of lower priced
stock than most other articles. The
finer qualities of WOODEN fabrics are
firm, but inferior grades are very
heavy, and can be bought for less than
they could be manufactured ont of
raw material at current prices. There
is little more than an order demand
for the sorting up of stocks, and not
much activity in the trade is expected
for several weeks.
MoNEY--There has been a good de-
mand for money in our local market
ard the supply is not more than equal
to the demand, but the flow of curren-
cy to the country has been compare
lively small, while the receipts through
mercantile channels have been large as
indicated by the gain in deposits and the
banks have gained in means so that
the market is working easier.
The changes in prices and the chief
features of the market for the week |
ending, is reviewed as follows
COTTON-The week opened with |
a more active demand and liberal sales,
and holders were quick to harden their |
views, but a dull market Immediately |
ensued and continued. Buyers have |
avail ed themselves of the ample offer |
ings in making efforts to effect sales,
but the views of sellers have generally |
not met those Of the purchasers, and |
transactions have been light. At the |
close to-day the market is written |
steadier. The sales for the week have
reached a total OF 573 bales against 100
bales for last week. The figures paid
for the staple during the present week
ranged from 1O4 to IA cents, the lat
ter figures being obtained only for the
higher grades. The receipts for the
week were as follows: Friday, 143
bales; Saturday, 81 bales; Monday, SO
bales; Tuesday, SO bales; Wednesday,
II bales; Thursday, 1O9 bales. Total
400 bales against 9G9 bales for last
week
The general Cotton movement for
the week was as follows: It appears
that the total receipts for the seven days
have reached 1865 bales, against
170,6 bales last week, 1873, 574 bales
the previous week and ia 284 bales
three weeks since, making the total
receipts since the first of September,
1873, ., $50. 800 bales, against ., 1878, 1876
bales for the same perio1 of 1872
10, showing a increase since September
l, 1873, OF 300, $50 bales. The exports
for the week ending, reach Il total of
1G7 $50 bales, of which IS, sos were to
Great Britain, 16, O35 to France, and
"a 343 to the rest of tie Continent,
while the stocks as made up are now
824, 277 bales. The following are the