The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-04-21
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE or THE MORNING NEWS.
s,r-An-,r.rr O. nril % 1857


SAVANNAH, Ga, April 20. 1889. {
cv>ro.r. PEAARKs-The volume of business
doae not seem to expand in the general market,
I'D rba condition OF trade varies but little from
that noticed at the close of last week. There
has been fair. though not active distribution
AZ merchandise during the week. Aside from
4ba usual orders there were very few
.not buyers in the market, and the
racniremeuts Of both interior and local traders
Rave beeu pretty fully met the previous month.
r,-oveIers. however, continue on the road, and
.hair rer,orts are somewhat encouraging. While
~ taking many ORDERS they report copious
~oirs in the country, which will materially ad
.orca early crops and has served to put
voanchants in rather good spirits,
oi,bough trade is rapidly settling down
IN the condition that is naturally
20 he expected as the season advances. In gro
ceries there was fairly steady shipping move
roent. which was confined to the staple articles,
and for goods for which immediate sale can be
had In dry-goods the demand is rather slow,
and is for goods for filing in and the lighter
fabrics for summer wear. In hardware Il fair
demand exists, the buying being
avon greater than at this time
y4ar ago. In all other departments
there was slight trade in progress with moth
ing TO mar the usual routine. The principal
features in the markets was the heavy advance
in provisions aud grain, while naval stores have
Asclued. Collections continue slow. Domestic
exchange was easy but rather irregular. The
market shows signs of more activity, but most
" for investments. The money market is easy
and the demand very active. The appended re-
view of the weeks business will shown the tone
nj the different markets, together With their
latest quotations.
NAVAL SroREs.-The market for Spirits Tur
pentine was rather dull during the weak, with a
considerable scarcity of orders The heavy
receipts have tended to weaken values and
prices declined rapidly, closing to-day easy at
reduction of fully 21ac. since last report The
total sales for the week were about
900 casks. Rosin-The market was compare
lively quiet, but prices for the most part we're
firm, the better grades advancing slightly.
There was a steady though moderate
demand and the total sales for the
week were about 1900 barrels In an
other column will be found a weekly compare
tive statement of receipts and exports from the
beginning of the season TO date, and for the
same period last year. showing the stocks on
hand and on Shipboard not cleared, together
with the official closing quotations
RICE-The market was very dull during last
week. in fact, for the most part a nominal
domestic article was had Buyers orders were
mostly for foreign rice. AS consequence
prices of the lover grades were weak,
and fell off nc. Holders ideas however, for
prime qualities are generally confident and very
little stock is Offering under top prices. The
sales for the week were about 300 barrels all
told. The following the official QUO
tatons of the Board of Trade. Small job lots
are held at 1S0A higher:
F6r -...........--.......4A
GOOD Observation-Disclosures.
Prime ............... ........ .....5A06
Rough
OOullTy IOtS. Observation-Disclosures. 5ONpl ~
Tide water ...., .................s1 1551 50
CoTToN-The market was dull for the first
half of the week, but on the decline on Tuesday
a more active business ensued. There is a very
liberal stock in first hands but it is not ofrmy
held, owing to the light demand, and several
large lots were disposed Of on concessions
At the close to-day prices were Off 1-16c. all
around since last week. The total sales for
the week were only 2 ,6S6 bales. The following
are the official closing spot quotations OF the
Cotton Exchange:
Midding fair .,....,,....,........9 1919
GOOD mlddlng. -......... 9-lS
hGddling. Observation-Disclosures. ...... 9 5-l6
Good ordinary ......................S 1-16
URINARY -:........... --..,....... 1915
Sea Llonds.--The receipts for the week up to
APP m, as reported by factors, we're 81 bags,
and the sales for the same time were 1853 bags
The scarcity Of tne desirable grades, coupled
qualities. restricts any heavy business. The
lower grades, however are duh and weak and to
consider actual business holders would have to
make considerable concessions. The above
sales were on the basis of quotations.:
Common Georgia and Florida .....1s m1s1h
medlum So. ................l9 Wl993
Medium hne. .2O15G2l
Fine. .,,,.,,.,.,,........22
Extra nne. .......-..,.............2
CHOICE ..,.......... ............... None.
The receipts of cotton at this port from all
sources the past week were 3,06S bales Of up
land and 81 bales sea island, against 97S
bales of upland, and 81 bales sea island last
year
The particulars Of the receipts have been as
follows Per Central railroad. .i66 bales up
land; per Sava uan, Florida and Western rail
way, 449 haies upland and % bales sea island;
per savannah river steamers. 157 bales upland; ,
per Charleston and Savannah railway, 189 bales
upland; per Brunswick and Satilla river steam
ers, bale upland and per carts; bales up
land and bales sea island.
The exports for the week we're 3,276 bales of
upland and 80 bales sea island moving as fol.
lows: To New York, 1907 bales upland; to Bal
umore, 4S9 bales upland and so bales sea
island; TO Philadelphia, 81 bales upland; to
Charleston 243 bales upland; to Boston $40
bales upland
The stock on hand to-day was 81 1926 bales up
iand and ,99S bales sea island, against 4,0i8
o@ies upland and 1895 bales sea island last year
- Ii