The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-09-08
COMMERCIAL.

sAvASNAH. GA, Sept Z, 1889.
o,,r,.1. REMARKs-The general market dur
-. I've nast week was very active in pretty
n,ncb all departments. The movement of
-,arcbandse from first hands was very large,
.I.hop0h the Intervention of the Jewish holt
To- had the effect of curtailing the
rhinning movement somewhat The weather
s-a x,eek back has been very unfavorable, and
effects of the rains on the different crops is
,acorug apparent, and should they continue,
,,uI he quite disastrous, particularly to cotton
nd rice The reports now being received are
,srv nufavorable to both crops in Georgia. Re-
,,orts however, from Florida are very
rood but the plague retards the
g movement of cotton. There is q continued
oroe amount of new business coming forward
The movement of cotton is rather slow and is
,,ot near as full as that of the two previous
nears at this time. Collections are said to be
yerv moor and in no proportion to the quantity
~ goods going out. This, it is believed, is
oring to the slow movement of
o.ton and the very rigid
Quarantine against some few Florida towns
vo,ues were quite firm in pretty much the
,rbole list except grain, which declined. In
groceries the heaviest movement is in progress
and each days mail, as well as messages by
wire brings a larger number of orders, while
iohbers are taxed to their utmost to keep up
with the business. The provision trade is also
very heavy. In dry goods there is a
fair business going on, but jobbers
are very much hampered by the quarantine re-
strictons on their travellers, so that they shut
ont from good deal of territory. In all other
departments there was good trade doing. The
security market continues in the same old rut.
The money market is not so easy. Although the
tko., t..
heavy demand for money. The following re-
view of the weeks business will show the tone
and the latest closing quotations of the different
markets today
NAVAL SroREs-The market for spirits turpen-
tine was very irregular, and prices unsettled.
The week opened at CSC. for regulars, and fell
to and I'D asaP Tasa closing seod 6oday
and fully 1900 casks were disposed of
during the week. Rosin-The market
was quiet and very easy, and on the declines
considerable stock was taken. Prices of the
common grades were reduced 1Oc, and medium
week we're F fully 1900 barrels Else,
parative 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.
CorToN-There was a good steady demand
throughout the week, with fairly full stock
Offering The slowness of the movement of the
crop and the light receipts at the ports has in
huenced all the controlling markets and
stifened up prices. Advices from
Liverpool show very large sales for the
week and indicate that buyers for early con
tracts are taking all the cotton they can lay
hands on, while the stock at Liverpool is small.
At the close to-day, the spot market showed an
advance of 1S@14c. all around. The total sales
for the week were g, 100 bales. The following
are the official closing spot quotations of the
cotton exchange:
Middling fair Observation-Disclosures. 10
Good middling ....... .s..:........ SA
Middling ACKNOWLEDGEMENTS. 913
Low middlng >........
The receipts of cotton at this port from all
sources the past week were H. IA bales of up
land and 20 bales sea island, against 3O752 bales
of upland and 10 bales of sea is and last year.
the particulars of the receipts have been as
follows: Per Central railroad. 9,469 bales up
land; per Savannah, Florida ana Western rail
way, 7,O55 bales upland and 20 bales sea island.
Per Savannah river steamers, 573 bales upland.
Per Charleston and Savannah railway, 226 bales
Of upland. Per Brunswic and Satilla river
steamers, bales upland. Per carts. IS bales up
and Per Darien and Altanaha steamers, 37S
fbaieS of upland.
The exports for the week we're II $40 bales of
upland and ID bales sea island, moving as fol
lows: To New York. 6.7G3 bales upland and
bales sea island; TO Philadelphia, 16 bales up
land; to Boston, 2,0SS bales upland; to Balti-
more, 9 443 bales upland and II bales sea island;
TO Charleston, 100 bales upland
The stock on hand to-day was 10, 40 bales up
land and 66 bales sea island against 25 1872 bales
upland and 594 bales sea island last year
SEA IsLANps-The receipts reported by factors
for the week. up to p. m, were % bags. The
sales for the same time were IL bags, all on.
private terms. There is not enough business to
base quotations. Reports from Georgia coun-
ties are very unfavorabe to he growing crop.
4 RIcE-The market was very quiet duri ng the
past week There was good demand, but a
very small stock to work on. The market holds
to strong prices in view of the light receipts
a dIr OH aS as
rainfall The sales for the week were about 400
barrels.
The following are the official quotations of the
Board of Trade. Small job lots are held at 1s0
Nc. higher.
Common. Observation-Disclosures. .4A04lk
/ doOd. Observation-Disclosures. o1l5A
/ Prime OBSERVATION-DISCLOSURES. 615
| Rough
Tide water ........................S11 061 IS
1 Country lots Nominal