Savannah morning news. [volume] (Savannah) 1868-1887, 1884-02-09
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SAVANNAH MARKET.
OFFICE OF THE MORNING NEWS

WEEKLY REPORT.
OFFICE OF THE MORNING NEws,l
SAVANNAH, Feb. 5, 1884.
GESERAL REMARKs.-There1 Is very little do
ing in any line Of business, except IN the ory
goods jobbing trade, in which there Is some
little activity on account Of the very faVora-
bic weather and the early opening up Of the
spring trade. which, as yet, has not Iully
developed Outside of this one de-
velopment il has been decidedly the
duUest week experienced for some
time. Business seemingly drags. As the
openipg of the spring trade progresses it Is
evident from the temper Of our merchants
that the trade viii be carried on with less
uerceptaeeof risk than has ever been the case
i'm our market. The system Of credits viii be
closely and jealousy scrutinized, and the
different branches of business VIII be
prosecuted on legitimate and sure
basis During the past season trading was
not altogether satisfactory, and a considerable
numbered interior merchants were far behind
in their payments. They had to be carried,
which renders a greater degree Of caution
necessary. There have been but few price
changes. the most remarkable being a heavy
and sharp advance in smoked and sailed
meats. Corn shows "a decided advance. Money
The conditions and quotations Of the different
markets may be seen by reference to another
column.
NAVAL. STORFs-Spirits turpentine was
cOmparativelv quiet during the week Occa-
siOnallv there was an effort maue by factors
to infuse some life into the market but WIN
Door success. Prices show hardening ten
deucv and are lc. higher. The improved
prices are due more to the smallness OF re-
ceipts and the reduced stock imam 70
the demand. The total sales Tor
the week were about 1900 casks. Rosins-
there was continued active demand through
out the week, which was but fairly met
Prices were tirmer and higher. The sales Tor
the week were about 10000 barrels. In an
other column viii be found table Of receipts
and exports showing the stocks on hand and
ON shipbOard not cleared. together with the
closing quotations of to-day.
COTTON The market continued about as
usual throughout the week, being rather dun.
In the early part of the week prices were
rather weak. and fell of lilo q. for the better
grades. and 5G3-l6 G. for the lower grades,
Bud later on recovered iirmness, but were not
quOtablv higher. There has been
no urgency among buyers, and very
few orders have come IN. so that the demand
was rather Indifferent. Holders, however,
are still firm. and are asking full value for all
offerings, the chief Inquiry has been Tor the
higher grades. The total sales for the week
were s,s4S bales. The following resume Of the
week 5 business VIII show the market ana
transactions each dav. with the official quota
tious at the closing hour to-day:
saturday the market opened quiet and UNI
changed, closing dull: the sales being $3.50
bales.
Monday the market opened dull and un-
changed. At j p. m. it was quiet, prices
being advanced B. l6c. for good ordinary, SC.
for low middlng, and Lie. for all grades
above. closing quiet, with sales of g2l bales.
Tuesday the market opened quiet and un-
changed. At ] p. m. It was dull, closing
without change. The sales were lilo bales.
Wednesday the market opened and closed
quiet and unchanged. with sales Of 903 bales.
Thursday the market opened quiet, steady
and unchanged, closing quiet and steady,
the sales for the day being Al, bales.
Friday the market opened quiet and I'M
changed at ] p. m. was quiet, closing without
further change. sales 2.25S bales. We give
below the official quotations oil the savannah
Cotton Exchange ut the closing hour yes
terday: