The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-09-13
- Savannah Market.

SAVANNAH, September a---In our last report We
Quoted middling at sac, slnce then the advance in
prices In New York has, in some instances induced
same quslity.
The receipts of cotton at this port have been
large, considering so early period in the season.
sister S6uthern cities we and that the Forest City Of
Georgia 10 rst and foremost, not only in receipts,
but at the same time comparing favoraoly with any
seaport In prices obtained Tor the raw material We
do not use this as stmula for those VINO seeE 70
send cotton elsewhefe, but by reference to Prices
Current and reporte received dsuy nom other mar
kets we safely assert that our market offers 20
planters and Others engaged IN the cotton trade,
facilities equal to those OF any OF our southern
50 far the business doing has been principally for
Northern account, the transactions In short sales
having IN consequence OF the high
Asregarls staple and quality Of the cotton so far
received We find that from ginning too early the ap-
dearsnce oi the C tton is not so good as might be
wished, gin cut aud other evidences OF picking too
early Is percspible. The staple of the receipts. up
to this time, however, compare favorab]y with that
Of any previous, year. sn y -. - -
. The receipts Of the new crop foot up 57l9 bales,
which at the early period OF the year speaks we'll for
the future Of savannah
Our market. although quiet at the close. can be
quoted as follows; Liverpool middling 31Hc; low
middhng 30No. good ordinary 29c.
The receipts at this port since September 1st the
as follows: 4Y9s bales per Central Railroad. 565 bales
perl @ Z. R., and 1121 bales per Savannah river
steamers o: which bales were sea Island. The ex-
ports. coastwise, for the same time have been: to
New York, per steamships S51l bales, to Pbiladel-
pbia, per Tonswanda, 265, to Baltimore. per Ameri-
CO. 363. Total. 4l39 bales.
RIcr-Flrm. ] he first arrival Of the new crop
in yesterday from atla river aud sold at 81 rs
per bu.hel. we quote SHash Cents. Retailing ga
10 cents, according to- quaiy and quantity.
Columbus Market.
COLUMBUS, September 1o-The first plrt of the
week to Wednesday raw an active market iu Colum-
bus. All the CO ion that was offered was taken i'm
medisely by factors and local operators on The basis
Of 3lc for lnifdinRs, and at on shipped. On Wed
nesday however currency. owing to the rapid arriv
oils and sales OF cotton, which not anticipated at
SO early day. was well nigh exhausted, and sales
were effected at Hclower than would have beendone
had banking facilities been adapted to the business.
Exchange wae abundant. but farmers wanted cur
rency, which the banks did not have. In addition.
New yoTk and Liverpool declined, and nearly every
order was cancelled. Thursday saw the same state
OF affairs, only in worse form. Few were opcrat-
ing, because only O few could command currency.
large amount OF cotton has been stored. which. had
crcu instances been changed, would have been sold.
Under theee Conditions even speculation would have
been larger bad there existed conhdence In STABILITY
Of the New York market.
Today has geeu few sales but large storages for
the same causes. Planters mostly refuse TO accept
the bids made. The banks expect TO have an abun-
dance of currency next Monday. Saturday sales
were 81 bales Eniddings 31c Monday 113 atthe same
figure; Tuesday market unchanged, m'ddlings Sic,
sales 1SS bales; Wedresd2y 30Kc, sales 95 bales;
y thursday 29Hc for ndidlings. sales IA bales. To-
days sales 14O bales. We give below the quotations
OF the sales today premising that they are merely
nominal and due to tbs temporary scarcity OF cur
rency. It. was impossible 10 get the hanks to dis.
con pt sight draft on New York. because they we're
deplated Of currency The majority Of transactions