Savannah morning news. [volume] (Savannah) 1868-1887, 1882-04-01
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SAVANNAH MARKET.

okTICE OF THE MORNING NEWS, l
SAVANNAH. March 81. 1882

SAVANNAH. March 81, 1882.
GENERAL REMAREs.-There Is but little
change 70 note in the markets. Values have
been steady, and a fair amount OF trading has
taken place for this season Of the year, when
business is usually quiet. Money con
tinues easy at unchanged rates. Since the last
week in February our favorite stocks have de-
clined as follows: Augusta and Savannah Rail-
road, from 125 to 120; Central Railroad, from
i24 to 10; Georgia Railroad. from 165 to 155;
Southwestern Railroad. from 125 to 1is; Cen.
trail Railroad per cent scrip, from e51k to $50;
and the market this week closes with free sell
ers and timid buyers. Yet it is to be noted
that the securities now changing hands are
mostly bought up by strong parties, and the
feeling is fast gaining ground that our South
ern stocks are cheap as compared with most Of
the Northern and Eastern securities. Railroad
and city bonds have held their own better and
we note no material change in quotations for
this class OF securities during the past five
weeks. AS the season Is approaching when
large purchases are made, we invite the atten-
ton OF investors to the reason
able figures OF all our home securities.
Corn continues very firm, but trade with us
has been lighter than usual at this Sc ason OF
the year. whilst the receipts have been good,
1900 bushels having been received by sail and
the usual quantities by rail and coastwise
steamers We have to report the sale Of one
round lot OF white, on wharf in sacks, at IS
cents A reduction OF fifty per cent on rates
to the interior goes into effect to-day, and now
the average rate to points on any of our roads
is five cents per busheI-an arrangement that
Efvnu aHv oV,Fo in ba dfGfrf-
button in territory contiguous, enjoying as
we do very low rates from Chicago and the
large Eastern markets. being by sail, which
Is lower now than for a long time.
Bacon continues active at firmer, but not
quotably higher values The production is
considerably less than last year, but the de-
creased foreign demand has a tendency to
keep prices down. A small advance has taken
place in -four in the Western markets, and our
local market is firmer, but prices have not
been raised yet, but the tendency Of the
market is upwards good trade has taken
place in the dry goods and jobbing line, but
the market has not been so active as last week.
Florida oranges continue in good demand at
fair prices.
NAVAL STORES The naval stores year just
closed has been one Of unusual success, and
the new year opens with the most hattering
prospects. The common estimate for new
business in Georgia is an increase Of 20 per
cent. and with the price of spirits turpentine
a. 81 cents, the production will be stimulated
to an unprecedented activity. Happily stocks
are reduced and a short interest is being
developed on the other side which
vii keep our market firm and
-
firm, and the finer grades seem to be steadily
moving upward The whole outlook is very
nne, and with no untoward Circumstances the
season upon which we enter to-day promises
TO be, If possible. more successful than the
last. Inregard TO receipts at this port we will
largely widen the distance between us and
Charleston and make heavy stride towards
Overtsking Wilmington. heretofore the first
American port
Rosln has been in active demand at firm
values during the past week. the following
advance 10 prices having taken place: H Sc,
TIC, K zoe. 25c. n 25c-, and window glass
25c. The receipts are gradually increasing,
but they ars not so large as was anticipated az
this time Sales 2.lS7 barrels. The demand
for spirits turpentine has been active and the
volume OF trade has been greater than for
some time past The market closes firm at an
advance OF three and a half cents per gallon
on last weeks figures. Sales S31 casks.
COTTON This staple has been in good de-
mand during the week at steady values the
quotations this evening being the same as at
the close OF our last weekly report
The sales for the week were Z, ass bales. The
following resume OF the weeks business will
show the transactions each day and the quo
Stations at the close:
Saturday-Marset steady; good demand.
Sales 1 81 bales.
Monday-Market dull; demand light. Sales
$50 bales.
Tuesday-Msrket firm; good demand. Sales
1,169 bales
Wednesday, steady; moderate de-
mand- Sales 81 bales.
ThursdaY-Market steady; active demand.
Sales 1.&7S bales
Friday-Markets steady; demand active. Sales
1 hal