Savannah morning news. [volume] (Savannah) 1868-1887, 1881-09-03

who had not Jet made their purchases did nos
buy freely and there was general feeling OF
insecurity in making any extensive transac-
| tons. This state Of affairs occurring as il did
at the beginning OF the fall season, operated
against the jobbeFs here, and reduced Thai.
sales to a considers BILE extent
during the months Of September October
ana november, there were almost continuous
rains, which prevented the farmers from picEC-
! ing their cotton and getting il to market. and
such as were enabled to gather some of thair
/ crops could not realize much T. ON them. nearly
brought low prices. The long spell OF wat
, weather above alluded to was preceded By a
dry spring and summer, and the corn crop was
very much reduced, and planters were forced
to draw from The West their supplies
All these unfavorable conditions aud cir
! cumst4nces rendered the general result of the
/ years business anything but satisfactory
The spring trade, being based mostly on
long credit, sales being made payable in the
fall, when the crops are brought TO market.
there was general disposition 20 contract
/ rather than expand the volume of business,
and sales for the spring months were con-
SequentlY lighter.
There were numerous failures recorded
among the country merchants, and a great
I number were compelled to allow large bah
| anceS to remain unsettled
/ This season, not Yet ended has been more
] favorable up 70 TINS time, AMI fair corn crop
/ has been made in most sections, with a good
! prospect of a large Yield of cotton which n
prices of the stsp'e ara good, viii enable the
jobbeTs 60 repair some OF their losses MADE ia
the latter part OF last and the beginning on
present transactions.
Notwithstanding the unpromising result OF
the commencement OF this years business
! we think that the general volume for the
entiGe year viii fall but little short of the pre-
ceding one, and that million and a half dol
lars in boots and shoes will be reached by the
close OF the year Prices remain firm, and
| about the same figures as last year there
being but little tluctuation either way.
FLOUR.
Savannah can well boast of the many ad-
vantages which her merchants offer in this i'm
| portant branch OF mercantile connections.
Flour, one OF the greatest staples of the world
the chief food product OF the universe bears
with it daily an increased demand and larger
ness, which is creditable to the mercantile
reputation of Savannah, is wen represented in
the -four trade, for the magnitude of the trans
actions of her leading merchants attests their
great facilities and capabilities.
In reviewing the market for the past tysslve
months one can readily see the large adEsAce
that has taken place The cause of this n
crease in value may be summed up in But two
words, short crops" We obtain the following
reliable information from one of our mostex-
tensive dealers:
The drought {of some ten weeks duration
now continues throughout the South and
West, and the shortage IN the crops of Western
proc uce, as well as cotton, will be great.
! Should this continue much longer the effect
/ would be such as to cause the products TO ad-
i
been reported as exeellent-stin the heavy and
prolonged rains in that country have greatly
injured crops there.
In September, 1882, the price of wheat ruled
| $3.50. to $685., while the present value is
81 1884 TO 81 Ssl4, an advance of over 50 cents
per bushel, which is an Increase OF about S. per
cent. over last year.
The -four market rules very firm and from
all pre- ent indications we may confidently pre-
| dict higher prices.
The stocks in our market are very large, and
| sufficient To glDDlV all demand which NAV ho
occasioned in this section. Merchants of the
I interior, and OF that section tributary to Sa-
vannah, may be assured that they will always
find ample stock in this market. and at prices
which viii favorabiy compete with the West
ern and Northern marketsA
Another dealer states that -four has been
| alike unsatisfactory to dealers and mill men
! for more than one reason. A change for the
| better Is apparent, however, and both milers
and dealers are encouraged to believe better
resu IS will come cut Of the business in the
near future.
Wholesale cLorB1NG TRADE.
In our last annual statement we emitted any
report of this important bra ca Of Savannah's
| trade, from the Tact that We were unable to
| obtain in time the Teqalie lie data wherein to
base report, but this season we give this de-
partment of business. which contributes Sd
| largely to our volume of trade the consdeFR-
ton that its Importance deserves
There are several large firms who, in connec-
/ ton with other hines, carry large stocks OF
ready made cl)thing. some Of whom n1anuFac-
| ture TO a ccDsidera le extent, ard whose
manufactures are st the North.
There are about SI,00O,OO0 of ready made
. clothing jobbed in this market annually, ard 10
| is an impoI ant branch of Savannah indus
tries.
Tbers is a very heavy competition in this
| line, es Baltimore, Philadelphia, Few York
and o. her. large cities have the ir repre- Ssnta-
tives scattered throughout the entire South
still Savannah merchants have built M quite
an extensive trade which They maintain-
| ing against all the competition, as they C1sr
as good Inducements to buyers as any North
/ ern Jobbers ana have sqnai facilities for sup
| plying the trade in an grades aHd styles OF
| clothing.
Although the clothing jobbers. as in other
| branches suffered at the beginning of the sea
son from the unfav orable weather, which pre-
vailed during the months OF September. Octo-
Der and November still tie indications for the
balance Ct the season are very encouraging.
and with good cotton crop ana fair prices.
think neacy as much bIfsiSess viii be doae as
in any previous year.
GRAIN.
ssyannsh has a9.ss by FAR the largest grain
our State are proc peFing. Those relating to
the forest, like humber and naval stores, are
particularly active, and they arc large con-
sumers of food stuffs , he cotton interest
! to- was big customer this seasc Farmers
are at last convinced that they had better keep
soil The significance of this policy il more
and more apparent every year. Corn is fail
/ ure and cotton SOcc- IS Now tue pros
pect is to realize high prizes Or cot
| ruled low throughout the season. Corn
was reasonably cheap the early pert OF
| HANGED, freights have declined, making
| about an even thing. When Georgia can draw
corn from Chicago for &c bushel we hardly
! reed 20 attempt TO grow Il on our poor lands.
Our gratulatory remarks, however applicable
to the seasons that are past, may not in the
coming future be 50 much DO the point fer the
cause ard another untn the deficiency runs up
in the hundreds of Millions and as proofs
come to hand. values are marked up until in
| the article OF corn we have 10 record an ad-
vance of nearly 100 per cent over the value OF
the past lew years. Cotton, humber, turpen-
! tine and all similar products must hare in the
| great boom now going on IN the hand, and the
plowman and the axeman must be alike bene-
| fitted with the speculator and the banker.
FRUg1s.
Domestic Fruits Of all kinds are receiving
more general attention and a higher state OF
cultivation 10 ell sections Of Florida spd Geor-
Pia- The orange crop OF Florida last year
(1S8D promised very large yield, but owing
to severe cold weather aud fFosts in some sec
tiOns it materially affected the crop, and in
the month of January the bulA Of the frost
bitten fruit was shipped 20 near markets and
ordered to be sold upon ARRIVAL.
There was received in Savannah hast season
over B. 43 barrels and "A. $40 crates OF oraI yes
for distribution to all points. The cold wealth
! er last winter is reported not 70 have hurt the
I coming crop for 1881, which bids fair to be
large.
The peach crop has turnedout better than was
1 enLlc1pabeQ, out In some SScBlOnS only nfth
| OF crop was rallied Peaches that were
1 shipped TO New York IN May la>t brought Sss
J per bushel and those shipped early Ia
/ June S28 per busheL Pears are payiog
! the cultiVators Handsomely. also grapes and
/ wild goose plums. The first btlshel OF the lat
1 ter brought St2 in New York this season
F0Teign.-The total value OF foreign fruit
importations are larger this year the last being
estimated at about &i45!5, and comprisedths
following fruits: Bananas, IL $40 punches.
SS2.065 oranges. 2 20i pine apples, I,024 grape
fruit, $50 sappodillas, 321, 5f2 cocoanu5S 100
moons and 10 kegs tamarinda The above
were imported from Oct. lst, 1880 TO May LIST.
1881.
TOBACCO.
The several exclusive wholesale houses in
this line carry large stocks Of tobacco AMI
cigars, and have offered such inducements
to attract purchasers from larger circle OF
country than any other jObbing line.
Prices have been quite steady during the past
year. until the recent severe drought in the to-
bacco belt, which has very much injured the
growing crops, and resulted tn an ADVANCE of
manufactured goo3s two 20 five cents per
pound on all grades The market closes strong
with aN-upward tendency. Recent STRIKES ia
many cigar factories, and thu higher coas OF
seed leaf viii add from one 20 two d0lIaryper
thousand to the future price Of stafdaFd
brands OF cigars.