The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-02-07
savannah Market.

c,v,SNAH. February 3.-CoTToN.-During the
week under review we have noted not so great
demand as for the week previous, and decline
in priccs since the opening of the market on Fri
day OF fully &c. This has checked operations TO
a large extent, holders, as q general thlng, oeine
unwilling TO conccde the decline. Later IN the
week, however, they saw the inevitable necessity
of Welding, and came to buyers views, and du-
ring the past three days brisk business has been
done.
The following extracts frem our daily reports
will indicate the tone OF the market Tor the week
under review:
Friday, 2Sth.-. market opened with brisk
demand, and sales OF 500 bales were effected on a
basis of 24Xa25c for Liverpool middlins.
heavy receipts OF the week at all ports had the el
feet OF depressing the market In Liverpool anu
New York. Holders here were 6rmer at 2422ic Tor
Liverpool middling.
Monday.-The market, under adrlces per tele'
graph. has been inactive, both holders and buyers
awaiting Developments About 35e bales changed
hands at prices not quotably lower than last quo.
tatlons-Liverpool middling 2424c. ,o,,ou,
Tuesday.-The market opened qulet hoders,
in consequence OF the light Offering stock, being
unwilling to make concessions demanded by
buyers The sales show tendency to decline of
&c. Liverpool middling 4hc
Wednesday.-The market was active, WIN q
GOOD demand, in consequence OF concessions
made by holders. Buyers were freely OUT anu
took about 500 bales at the following quotations:
Liverpool middllng. 244c.
TlurSuly.-Ine Hlarket eSltIult Vas S-NSSSu'
inply quiet buyers acting cautiOu,ly IN the an.
sence Of later Liverpool advices. Sales reacneu
400 bales on the basis OF 2lAc Tor Liverpool Mlu'
ding.
SEAIsLANp-For this description of the staple
there has been an Increased inquiry during tne
nast week. aud sales have reached about 500 bales
I'VE quote: Common, SSa40: medium, 45aiI; me-
lium fine 5Oa55; fair, 60aG5: choice, 15asOc.
RECElPTS.-The reCciptSat this port Tor the past
week have been 16,3I9 bales upland and lS6 bales
sea island IRON the following sources: Central
Railroad, 1896 bales upland; Atlantic and e. r.
r., 1915 bales upland; savannah river steamers,
1917 bales upland; Altamaha river, Az bales up
land; Florida steamers. lTS bales sea island
Coasters from Beaufort, bales sea island.
EXPoRrs-The exports for the week have heen
lO,635 bales upland and 2o3 bales sea island,
foreign, and $3.50 bales upland and SG5 bales sea
island coastwise. viz: To Liverpool. 9734 bales
upland and 293 bales sea island; 10 Bremen, 0ol
bales upland; to New York, 29lS bales upland and
320 bales sea island; to Boston, 969 bales upland;
to Philadelphia, 7O7 bales upland; to Baltimore,
41S bales upland, and 10 Charleston, Oalcs up
land and 10 bales sea island.
FINASCIAL.-MOney continues moderately easy,
the supply being fully up to the demand, salts.
factory collatcras only required with 10 per cent
margin to obtain all required ny tic business
public. Investments In securities have recently
been quite large, and the demand continues. Sc
curlties hitherto considered undesirable have ati
vanced Ill the estimation Of our people. A. q con-
siderable amounts have been invested with q
promise OF handsome results u; a day not far dis
tant. Sight exchange on New York buyiu2 n
per cent. or to par: selling 1t par. Cod by in.
at coz; selling AZ 222,:.