Savannah morning news. [volume] (Savannah) 1868-1887, 1886-01-23
Gomtntrrrtal.
sAvANNAH MARKET.
OFFICE OF THE MORNING NEWS, !
SAVANNAH, GA, Jan. y, lSS6.i
WEEKLY REPORT.


GENERAL REMARKS.-The weather for the
past week was quite favorable for business
The general market, however, remains dull
and uninteres ting. There were no signs of
an early Improvement. The requirements OF
interior buyers continue very moderate, and
as a rule show little urgency. The unsat-
isfactorv condition of trade IN the country
was no doubt attributable to the low prices Of
cotton and the disposition of planters to hold
their shipments from sale. In dry goods
the movement was very slow while prices
were very steady. For groceries and provis-
ions there was about the usual demand for
the former, while for the latter there was
considerable Improvement in the wants OF
customers and prices were much higher. In
all other departments the movement was
about the same as for the previous week, WIN
no price changes. Money was abundant
while exchange, both foreign and domestic
was rather scarce. Commercial circles were
somewhat disturbed on account of the de-
layed action Of Congress ia the matter OF dis
continuance of the silver coinage. For the
conditions and quotations OF the different ar
ticles of trade the appended review Will show.
NAVAL STOREs.-The market for spirits
turpenCine was strong and excited through
out the week. There was, however, very lit
tie activity in the way of trading, owing TO
the scarcity of stock. The demand was good,
but the offerings were very small anu were
generally held higher than the current quota
lions. At the close to-day prices showed an
advance of &c. since last report. The receipts
for the week were extremely llgGJ, WhHe the
stock shows a marked decrease Win Il very
small portion of 1t in Grst hands. The
total sales for the week were about zoe
casks. ROsin there was more inquiry during
the week and considerable business vas done.
The market was comparatively quiet put
STEADY except at the close. The medium low
grades We're slightly easier. Inc sales Tor the
week were about 1900 barrels. Elsewhere
win he found a Imperative statement of re
CENTS and exports from April to date ana
for the same period last year, showing the
stocks on hand and on shlpboard not cleared
together with the official closing quotations
COrqoN-The market presented considera-
HE strength throughout the week, ana there
was very little stock offering uutll towards
IT'S close, when the offerings were largely IN
creased by some factors selling out ana retus-
ing to carry their customers IN the country
any longer. There was good inquiry. ana
holders generally obtained fully l-l6Gtsc.
higher than current quotations on the most
desirable grades. There were no price
changes except for the lowest grades, which
advanced l-l6c The market showed remark
abIeetrength and values were well held no in
view OF the weakness Of New York and LIVER
T,ool The sales for the past week foot up
1853 bales. The following resume OF the
weeks business will show the tone and
transactions daily, together with the official
closing spot quotations:
Saturday the market opened and closed firm
and unchanged The sales for the day were
l,053 bales.
Monday the market opened firm and I'M
changed 1t closed hrm. The sales for the
day were sos bales.
Tuesday the market opened quiet, firm and
unchanged At the second call It was quiet
and firm. 1t closed quiet and firm. The sales
were ,0OS bales.
wednesday the market opened quiet firm
and unchanged. At the second call II was
steady at an advance of 1-16c. in grades of
low middling. good ordinary and ordinary. 1t
closed steauy and unchanged. The sales Tor
the day were SOL bales.
Thursday the market opened and closed
STEADY and unchanged. The sales for the
day were 33S bales
Friday the market opened steady and I'M
changed. 1t closed steady. The sales for the
day were 1850 bales.
The following are the Official closing spot
quotations OF the Cotton Exchange: