The Portland daily press., 1885-11-19
FINANCIAL AND COMMERCIAL.
REVIEW OF PORTLAND WHOLESALE MARKET

For the week ending Nov IS.
There is nothing particularly new to note in the
wholesale market. Some of our glocers report
fairly satisfactory business SO far this month. if
anything slight improvement over the cores
ponding period a year ago. In regard to the gen
eral business situation, the Boston Commercial
& Shipping List says; Reports from leading dis
trbutng centres are fairly encouraging, and indi-
cate healthy movement in merchandise without
any excitement or much speculation. The fal
Grade has not come up to expectation in every re
spect, and in branches which are affected by the
weather it is particularly disappointing, but the
Improvement has gone on, nevertheless, and we
see it now reflected in the increased earnings of
railroads, the improvement in stocks and bonds,
and the comparative ease with which collections
are made throughout the country" A dispatch
from New York tonight says that never in the
history of the Stock Exchange has the market
been as active as for time to-day. The reported
sales for the first thirty minutes were $4,000
shares, and for the first hour 255 900 shares. Be-
tween 10 and IL o'clock the sales were 420,500
shares, total for the day being 774,209. The
market continued active throughout the day, and
the total sales, with two exceptions, were the
largest on record. st. Paul continues to lead;
seven other stocks-Western Union NJ X. IS,
Northern Pacific preferred Northwestern, Or
geon Transcontinental Lake Shore and Pacific
NAH contributed 296, 900 shares. For food
staples we notice pretty firm market and the
tendency of prices, in most cases is upward.
Flour is firmly held at last weeks figures with
moderate inquiry. Corn and Oats are very strong
and the late advance in prices is fully sustained.
Provisions have been steady and quotations re-
main the same with frmer feeling West on Pork
and lard. The Fish business is duh, and no ac-
tivity Is expected in this department until after
the holidays. The stock of Mackerel is compare
lively light estimated at about 10 900 bbls of new
and 10000 of old stock, against rs, 900 bbs last
year at this time, and the supply of Mackerel at
Gloucester is not much more than half as large as
a year ago. At present the market is dull and in
cined to be in buyers favor, but before spring we
shall look for sharp rise. Fresh Fish have ruled
quiet, but firm and higher at 315c " fb in job
bling way Cheese has been dull and easy and a
large surplus remains in the country, the totalex
ports this season from Montreal and New York
showing decrease Of 100000 boxes as compared
with last year at this time, and 10000 boxes as
compared with 1888, Butter neglected; no change
of consequence in figures. Eggs continue firm
with good demand at the advance, fresh lots
selling quick at 27c y doz. Potatoes are doing a
little better and may be quoted sc higher. The
market is well supplied with Apples and prices
are barely maintained. AT Liverpo the market is
fairly steady for good stock, but poor and wasty
is glut at weakening prices. Shipment OF APP
pies to Europe for the week ending Nov. IA. 1888
from Boston, %, 227 bbls for the season., So,-
224 bbis; from New York, 20,583 bbls; for the
season 2o5,131 bbls from Montreal, 1881 bbls;
for the season, 52255 bbls; same week last year
Boston shipped 1887 bbls Coffee is duh and easy
in tone for Rio grades Teas quiet and without
material change Chickens weak and lower at
1O1i2c " lib; Turkeys about 20c.a In Lumber we
quote Spruce strong and higher at $129$14 with
light stock, and laths 10g2oc better at 2 log
2 20. In Cordage drop of 1ac on Manila and
Manila Bolt Rope. There Ehas been decline in
most grades of Duck. Turpentine is lower at 40
@47c. In Paints, pure ground Lead has advanced
to 5o97 90; pure dry Lead is up soc. Hay is
lower.