Savannah morning news. [volume] (Savannah) 1868-1887, 1885-05-09
Continental.
SAVANNAH MARKET.
OFFICE OF THE MORNING NEWS, !
SAVANNAH, GA, May 8, 1885. !
WEEKLY REPORT.

WEEKLY REPORT.
GENERAL REMARKs.--There was very little
business transacted in the general market
during last week. Very little that was Of
interest TRANSFERRED. Trading in every de-
partment has settled down to a summer
basis. The entire movement for the
week did not approximate even a
fair average for this period Of the
wear. There was nothing new in the outlook
or general situation. The excitement in the
leading markets of week or ten days ago
has subsidized and values in the principal
staples have taken a wider range. Some adj
vanced and Others declined materially. Meats
and provisions declined considerably and
cereals and hay advanced quite sharply. AS
10 the movements, there is no demand from
the interior. But few orders were received
during the week, and collections were poor
and unsatisfactory. Even for groceries, for
which. as a rule, the demand is quite steady,
there was not much call Exchange remained
The same, and money was easy. Securities
were quiet. with some inquiry for interest
having bonds. For conditions and quotations
OF the different markets, the annexed review
win show.
NAVAL SToREs.-The market for spirits
turpeHtine was in fairly active request during
the week, but at slightly easier prices. The
takings for the week were large enough 10
prevent any great accumulation OF STOCK,
although receipts were in fairly good volume.
Holders, however, were able tocheck any ma
tsrial decline. and at the close prices showed
only nc reduction from that of the previous
week. The total sales for the week ere fully
] 500 casks. Resins There was a fair inquiry,
particularly for the better grades, winch were
firmcr and higher, while on the other hand
the common grades were in light request and
generally dull, with prices OFF fully %
15c, The total sales for the past
week were fully 5000 barrels. In another
column will be found weekly statement
of receipts and exports from the opening of
the season to date, and for the same time last
wear, chewing the stocks on hand and on
shipboard not cleared, together with the
official closing quotations.
COTTON.-The week was a comparatively
quiet and uneventful one. 80 far as trading
was concerned, and the selling was only in a
small way. In the early part of the week
the Liverpool market advanced with trmer
tendency, and our market sympathized
to the extent of sc. advance for
the middling and better grades, but
later foreign adviCes showed a decline with a
very dull feeling, and BUYERS held OIL, giving
quite nominal appearance to this market.
The total of the weeks transactions were only
1913 bales.
The following are the official spot quota
tions of the Cotton Exchange at the closing
Can to-day:
Midd1fng I2lr ACKNOWLEDGEMENTS. lO1s
Good middling ................-.......-- IVA
Miuu1lng -.-......s.....-......ss bU52
Low mlddlIng ...........- .............. I054
t5eod ordinary OBSERVATION-DISCLOSURES. ~
OtulhorN ....s.-'.'''. .s-...-.' ''..-..
Sea IsLdn6s The receipts by factors for the
week were 20 bags and the sales for the same
time 49, bags. The market continues very
slow and very tame, and also to be burthened
with considerable stock, with holders some
what anxious to realize with the advantage
still III favor Of the buyer. Holders, how
ever, claim confidence, bat readily part with
stocks on a direct call. The business is so
small and prices so irregular that it is impos-
sible to base a satisfactory quotation.
The receipts of cotton at this port from all
sources for the past week were l,446 bales of
upland and q bales sea island, against l,5l9
bales of upland for the corresponding week
last year.
The particulars of the receipts have been as
follows: Per Central Railroad Lis bales up
land per Savannah, Florida and Western
Railroad, 3l5 bales upland and IS bales sea
island: per Brunswick and Satilla river
steamers Is bales upland and bales sea
island.
The exports for the week were 1858 bales
upland and 100 bales sea island. moving as fol-
lows To Baltimore. Go bales upland; to New
York. 1858 bales upland and 100 bales sea
island: to Boston 653 bales upland; so Phila-
delphia. - bales upland.
The stock on hand az the close of the market
to-day was 5 S)3 bales up and and 2, l6S bales
sea island, against 4,0l2 bales upland and l06
bales sea island at the same time last wear