The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-11-08
Savannah Market

SAVANNAH, November I.-COTroS.-Thc week
under review has been marked by noticeable fca-
turcs In the transactions uf the cotton market, IL
we except the rgdty of holders In sustaining
their views, which has caused cautious buyers To
LOOK for the reason why prices shumld be mluin-
tnincd here, in the face Of declines in other mar
icis an'i the fluctuations In gold which control tn
Il greater or less degree all transactions which
have hard money for II basis-whlc gold IN New
York has fallen from l30 TO l2I. and while other
controlling causes have cil bears to beat down
prices. Willie spccuIaiors discuss the probable
yicl of the crop planters VII" llavc made II know
thai their cotton Is rs good as gold. and that the
visible supply will fall far short Ur The accunu-
utints demand uf the world. The crop has been
made and whether Il long or short one this rlci
appears, that II iS almost entirely housed await
ini. the easy convenience Of the owners to he pu,
upon the market. our adviccs Indicate thai the
Yield VIII TALL far short OF what has l,ecn predict.
cd aud that consequently buyers will be obliged,
In order Il" fill their orders, to meet the views Of
value and extent OF the crop.
SEA IsLANp.-ln this sr;ldc Of The staple the
market may hc said To have opened. there hnvng
been an increased inquiry during the past week
for the fine grades Of tllis staple. Sales OF I20
bales have been effected against 20 bales last
crs not desiring 10 lari With lots until the maric,
has been established: The crop is coming in
freely, and held ilrniy In anticipation Of Il dc
mand. which must strengthen prices. We quote:
common roller and Mccarthy 3ja:iSc, common
4 :i3c. medium 45;l4Sc, medium line 5oajjc, line
Lvc. choice nominal
The receipts ai this port since October 2Sth
amount Ia 1852 bales of upland and 2a7 bales OF
sea island, Of which I5 e6G bales of upland were
received per Ccutra Railroad, lGIG bales per Au
Susia ami Georgia I,ailrond. tSome OF this is sea
island, hut we received no report from The Au-
Eusia and Georgia Railroad last evening, and
consequently cannot separate them until next
wcek.l !aT bales Of upland from landings ou Sl
vannah River, ~ balcs upland hy wagon, 2g6 bales
sea island from Florida steamers, and bale sea
island from Suuih Carolina. The exports for the
same time have hccn 1880 bales upland aud ilG
bales sea island-o! which hlgS bales upland were
shipped io Havrc. laN3 bales upland to Liverpool
49l2 bales upland and +j bales island Ia New
York. h3I bales upland 10 lhadclpha 1911 l'alcS
sea- island To Charleston.
RiCE.-rhc STOCK OF new rice has hccn Increased
during tile past wee, ,y arrivals Ut both mills,
anu operations Pave hccn commenced, put ting
clean on the market III small lots, tlc ilarkc;
ruling dull. buyers orders AMI local consumers
holding on In anticipation or II further decline.
FREIGIITS.-n Ircighis, owing tO the large ar
rivals, both foreign AMI coastwisc, prices lave
ruled 'l'lll during The past week without. however
any material change in quotations. Vessels are
readily placed on foreign brrihS arrival, hut
for cOaslwisc there is little Offering excepting by
steam Tor Northern ports, which has AMI cOutu-
ucs to he active. We quote 10 Liverpool. 10y
steam, cotton id per i'll; do by sail, dull al 9-l6tl.