The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-02-18
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS.
SAVANNAH, GA, FEB. Il, 1888.


OFFICE OF THE MORNING NEWS.
SAVANNAH, Ga, FEB. "a, 1883. !
crxrRAL PEMARKs-Tne general market was
..r,naratively dull and without material C, ange
S,rine last week There were very few out of
.ovvr buvers in the market, and there was con-
s.,,ently a limited demand for seasonable goods
h nersonal selection, but a fair amount Of
.rders were received by the jobbing houses
,hroueh the medium of travelling statesmen. The
.binping movement, however, reached very
tair aggregate for the period The markets as
a nile were devoid of any specially new feat
ures Business in the dry goods trade keeps up
rsmarkably well and orders by mail and wire
ara numerous and more goods are moving at
This time than for several years back
the market for the staple cotton goods
has acquired still greater strength,
and although not quotably higher
further advance in all cotton fabrics is likely
% he established within a very short time.
There was fair demand in the grocery trade,
With a somewhat easier feeling in prices. In
the hardware trade there is a continued good
business in progress at steady values. Nothing
has transpired in any of the other
lobbng departments. The demand runs
fair, but is mainly in very small
lots. The course of values has been pretty
much in buyers favor and bacon and coffees
have again declined. The security market con-
,inues dull There is, however good demand
for solid securities but the offerings are merely
nominal The money market is rather easy,
with good demand at current rates. Collec
lions are slow. Domestic exchange is scarce
and higher with foreign frmer. The following
resume will show the tone and the latest closing
quotations of the different markets to-day:
NAVAL SroREs-The market for spirits tur-
pentine was firm and advancing throughout the
week There was a good demand, but the
Offering stock was small and limited transac-
tions. The receipts show steady decrease and
day prices were &c. higher than a
week ago. The total sales for the
week we're about 800 casks. Rosin--The market
was very firm during the week, with an active de-
mand at advancing prices for the medium and
lower grades, the advance being fully 10c. for
strained to good strained The sales for the
week were about $4,000 barrels. In another
column will be found weekly comparative
statement of receipts and exports from the be-
ginning of the season to date, and for the
fame period last year, showing the stocks on
hand and on shipboard not cleared, together
with the official closing quotations.
RrCE-The market for the past week has con-
tinued unsettled and irregular. Buyers are still
claiming that prices are weak and that offer
others maintain the opposite view,
except in the low grades, which
were marked down &c. There
was comparatively light inquiry except for
the past two days, when fair demand set in.
There is full supply of the poorer quality of
rice offering, but the stock of the better grades
is small. The sales for the week we're fully 800
barrels.
At the Board of Trade the market was re-
ported quiet at the following official quota
lions Small job lots are held at 1S64 higher:
Fair ...-................5 851s
Good observation-disclosures .--.9-...oIb
Prime
Rough
Country lots. ..............-......: 95@11 10
Tide water. ....................S 1901 w
CoTToN-The market was rather dull