Savannah morning news. [volume] (Savannah) 1868-1887, 1882-09-16
Commercial.
SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE OFTHE MORNING NEWS.

OFFICE OF THE MORNING NEWS.
SAVANNAH, September IS, 1882.
GeSERAL REAARKs.-The market opened at
thbeginning of the week with considerable
acFity in the wholesale jobbing trade. Though
tire were not quite so many buyers as during
ID week previous, still more orders were re-
cEed in a general way, and thus there was
stured a large volume Of business in the total
u the week. During the past three days,
bwever, there was some curtailing of orders
tmaining untitled. pending more definite ad-
ices as to the result of the late storm, since
heveryheavy rainfall Of last week caused dam
hge to the crops which it is almost impossible
10 even approximate at this writing The loss
fell quite heavily on consumers adjacent to this
market, and as a sequence, we may anticipate
a decided falling of in trading for the balance
ofthe season.
Tn dry goods there has been a fair and salts
factory movement, with a tendency to higher
prices, owing to the very heavy takings in the
leading northern markets.
To groceries, provisions, etc, transactions
have been quite large, and values show a de-
cIining tendency. That they had reached their
maximum and were entirely too high is
mainly evidenced by the reaction which has
tin. and caused a heavy decline in prices Of
bacon. flour and grain in ruling markets
Money is comparatively tight, and the
security market very dull with quotations
weak and declining.
Prices OF the leading staple articles have
Undergone some few changes. which we note
us follows. Bacon. market closes steady at a
lecIne OF &c all rovnd. Flour declined SEC
rer bbI Corn has declined ease for mixed
and SC for white Beef was advanced So 90 Der
Dol. Nails have been advanced ice per keg for
all grades.
NAVAL SroREs.-The market for resins has
not shown much life during the past week.
shippers are unable to move any considerable
lots. owing to the scarcity OF freight room, and
although the demand is fair for the low
GRADES the sales for the week were only
e $50 barrels. Spirits turpentine was rather
unsettled, with a weakening tendency. the
market being dull and nominal for the greater
part Of the week, while transactions have been
very light Sales were about $50 casks In
another column viii be found our usual table
of receipts and exports from the list Of April
Co date and for the same time last year, also
quotations at the closing hour to-day.
CoruoS.-The cotton market was firm in the
early part Of the week, but on Tuesday it be
came easier. and later was steady, closing to-
day quiet. There have been some fluctuations
ia prices middling fair being &c. lower than
ince our last report. There was, however,
a very fair demand, the sales for the week
reaching fully 9,s23 bales Below we give a re-
view Of the weeks business. showing the tone
of the market and transactions each day, with
The closing quotations as announced at the Cot
ton Exchange:
Ssturday-The market opened firm at D.
m. Prices were advanced Lie. for all grades
above good ordinary. Closed at 4 p. m. firm
aud unchanged Sales were 1850 bales
N0nday-The market opened firm, At1pm.
was quiet, and closed unchanged, with sales of
So bsIes.
1uesday-The market opened easy at 1-160
isc. lower for middling, good middling and mid.
ding fair. At D. m. became steady. and re-
manned so 20 the close Sales 2,O26 bales We
give the official quotations of the Cotton Ex-
change.
WedHesday-The market opened steady. All
p m. prices declined Lice for low middling,
So for good ordinary and ordinary, closing
steady. The sales were 431 bales.
Inursday-The market opened quiet and
steady, with a decline of &c. f.. f,5r
and Lice for good middliog. At
steady. mddlng fair and good middling belaay
advanced I-16c., closed steady with sales OF
1,ss2 bales.
Friday.-The market opened quiet and IN
changed, and continued so to the close. Sales
1870 bales.
The following are the official quotations of
the Savannah Cotton EXch Lrge: