Savannah morning news. [volume] (Savannah) 1868-1887, 1885-05-02
Commercial.
SAVANNAH MARKET.
7FTCE OF THE MORNING NEWS,
SAVANNAH, GA. MAY !, 1855.
WEEKLY REPORT.

WEEKLY REPORT.
GENERAL REMARKs.-The markets were
rather dull during the past week, particu-
larly in the leading staples. The demand
was llght. The extreme dullness was due
probably TO the fact Of its being the last Of
the month, but the volume of business
was not fair average for this period of the
wear. There was nothing in the situation to
indicate any great activity in the near future
IN any particular department. The war
news had considerable effect on the leading
staples, particularly on grain, breadstu1s and
provisions. \ rather feyerish and unsettled
tone with respect to them was the
rule. Flour and bacon declin-
ed. while corn and hay
advanced. In other articles prices were
maintained at fairly steady figures. Money
was easy. Exchange remained as during the
previous week Collections were poor. Sc
curities were sluggish, with decided weak
ness in stocks-Central declining fully three
points for the week. For conditions and quo
tations Of the different markets see the an
nexed review.
NAVAL STORFs.-The market for spirits
turpentine was quiet for the most part of the
week. Prices fell off fully lc., but at the
close to-day a slight reaction set in with con-
siderable activity on advancing prices, which
showed a recovery of fully sc. The receipts
are showing up in fair form, with a slight
accumulation of stock. The sales for the
week were about 1900 casks. Rosin-The
market WAS rather dull during the week with
quotations easier and lower, though some
what irregular, noticeably for pales as also
the commonest grades. The sales for the
week were about $500 barrels. In another
column viii be found statement
of receipts and exports from
April l to date. and for the same period last
year, together with the stocks on hand and
ON shipboard not cleared, and the official
closing quotations.
COTTON-The market for the week was dull.
Buyers were extremely cautious, while holders
cid not exhibit the lrmness and confidence
expressed week or more ago. Prices fell
of 1se for all grades on very
light buying movement. the takings of
the week representing the actual require
ments for home account, with foreign eX-
pOrters entirely out of the market. The total
sales for the week were only $50 bales. At
the close to-day somewhat better feeling
prevailed in the market.
The following are the official spot quota
tiOns Of the Cotton Exchange at the closing
call to-day:
MldQllng ialr .....................-. ....JO34
Good middling ......,...................1 1925
hliddling Observation-Disclosures. 1898
Low middling ............ ..............l0 los
Good ordinary OBSERVATION-DISCLOSURES. 81
OrulndrY ---..--.. -.....-. y
Sea Islands. The receipts for the week by
factors were only IS bags and the sales for the
same time 223 bags. There is nothing new to
relate about the market, which continues
dull and more OF less nominal. The situation
is still in buyers favor, who complain more or
less of the cost. bat the general inclination of
holders is to let go whenever opportunity adj
nits, in view of the heavy stock still in first
hands. Prices were so irregular and unset
tied that it is impossible to base fair quota
tions for the markets.
The receipts of cotton at this port from ali
sources for the past week were 3,096 bales of
upland and SO bales sea island, against l,l4l
bales of upland and 8 bales sea island for the
corresponding week last year.
The particulars of the receipts have been as
follows: Per Central Railroad S44 bales up
land; per Savannah, Florida and Western
Railroad 2.344 bales upland and As bales sea
island per carts bales upland and bales
sea island; per Savannah river steamers,
bales upland.
The exports for the week were 1850 bales
upland aud 397 bales sea island, moving as fol-
lows: To Baltimore, 677 bales upland and 3
bales sea island to New Ork. 1913 bales upland
and 29i bales sea island; to Boston. ISIS bales
upland; TO Philadelphia, 1873 bales upland.
The stock on hand at the close OF the market
to-day was ISIS bales upland and $3.50 bales
sea island, against 5,865 bales upland and log
bqlps sea island q l. fhp same time last wear