Savannah morning news. [volume] (Savannah) 1868-1887, 1884-01-26
Communal.
SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS

SAVANNAH. Jan. %. 1884. Z
GENERAL REMARKs.-Not much interest
was developed in the general market during
the past week. There was no change ia the
character Of the trading. which continues
rather slow and moderate in volume some Few
departments show mp in fair form, but Dusi-
ness as a whole is light and rather unsatisiac-
tory. The preparation for the opening Of the
spring trade continues active among jobbers,
but there is complaint at the outlook, while the
situation Of affairs in the interior Is quite un-
settled and unsatisfactory. Collections have
been very slow. and during the past three or
four weeks several important failures have
taken place. This state Of affairs has had the
effect Of making several jobbers more wary
OF increasing accounts in the country, and in
stead Of showing any disposition to push trade
in some instances they are refusing orders.
The bBlk Of stocks for the spring trade are
now pretty well opened up. There was q fair
movement going on in hardware, prOvs-
ions and groceries. There has been
several marked changes in valaes of the
staple articles, particularly Ia bacon, cofees,
grain and sugars. Money continues quite
easy. There is no new features iu the security
market, winch is rather dull and inactive.
The conditions and the latest quotations ofthe
different markets Taay De seen by reference in
another column.
NAVAL STORES. For spirits turpentine
there continues the same dun market with
little or nothing doing. The only feature OF
the weeks business was the marked decline
In prices. the market for the past lew days
having become entirely nominal. The total
sales for the week were about 300 casks. Resins
There was considerable interest manifested
bylexporters, with an active demand all round.
which was confined more to tine medium and
higher cranes. The common grades show a
% Is
very large, but there appears to De rather "a
scarcity Of desirable grades Offering. The
aggregate sales for the week were fully $4,000
barrels. In another column viii be found a
table Of receipts and exports from
the lst Of April TO date showing the stock on
hand and on shipboard, not cleared. with the
official closing quotations.
CoTTON.-The business for the week was
light and the entire market was changed in
no particular. Taken as "a whole it was rather
dull. The stock was fairly well reduced. and
was held in good form. Holders stood out for
a FUN limit Of valuation, which was responded
60 but feebly. Buyers held oil, and their
takings were only of a hand-tO-m0uth char
acter- Inc Oucflngs were quite small.
and the total transactions for the week were
restricted to about $500 bales. At the close
to-day advices from controlling markets
were rather encouraging and factors We're
decidedly irmer; although prices for grades
below middnng show decline of l-l6c. The
following resume of the weeks business Will
show the tone ana transactions OF the market
each to-day, together with the closing quota
ti0us of to-day.
saturday the market opened and closed dull
and unchanged. The sales for the day were
1901 bales.
Monday the market opened dull and UNI
changed, closing dull, with sales Of elg bales
for the day.
Tuesday the market opened dull ana I'M
changed. At p. IN. it was dull. closing al +
%. dull at nominal decline of l-l6c. for
grades of low middiing good ordinary and
ordinary. The sales were 2260 bales.
Wednesday the market opened quiet and
unchanged. At p. m, it was quiet, closing
quiet. with sales or J, $40 bales
Thursday the market opened quiet and UNI
changed. At I D. m. it was steady, closing
firm; the sales were I,579 bales.
Friday the market opened and closed firm
and unchanged; the total sales for the day
were 1852 bales.
We give below the official quotations OF the
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