The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-03-24
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS. !

WEEKLY REPORT.
OFFICE OF THE MORNING NEWS
SAVANNAH GA. March %. 1888
GENERAL. REMAKKs-There was but little of an
;n,nrovement in the general market during the
.aasr week in respect to activity The recent
cool weather seemingly has had depressing
eject on the jobbing trade, as the de-
v,apd has fallen off all around. The
shipping movement was in moderate
xolnme in most branches This state
of affairs is accounted for by the approach of
the close of the month, when the disposition Of
;rte,ior buyers to hold over is always reflected
At such times. The tone of pretty nearly all
che leading staples continues tame and unnter-
Astine with but few exceptions With the ad-
vance of spring and milder temperature job
bars say there will be some stimulation to
hnsiness and a revival of the buying for the
,,,rnose of filing in stocks. In the grocery
Trade he demand is only fair, the movement of
sunplies confined mostly to goods for which
immediate use can be had In dry goods there
has been a considerable slack up in orders
owing to buyers being restricted by the cold
weather The hardware trade con-
+inues very steady, while in all other
departments there is nothing new to
report. Values have shown but little change.
C,offaes and nails have advanced Collections
tic exchange was unsettled, but has again be-
come scarce and rates have gone back to the
Old figures Foreign exchange is firm. The
Epcgrty market is dull and nominal while offer
irgs are very free. The following review of
Tie weeks business will show the tone and the
latest closing quotations of the different mar
kets to day.
NAVAL SroREs-The market for spirits turpen-
tine was a trit1e steadier during the past week
and for the last three days with moderate re-
caipts and buyers showing a little more interest,
prices were advanced steadily. The stock is
very much reduced, which impartS more
strength to holders. The total sales for the
week were about $50 casks. Rosin-The market
was firmer, but prices were somewhat irregular
for some few grades. There was a good de
nland throughout the week, and about
10000 barrels changed hands In another
column will be found a weekly comparative
statement of receipts and exports from the be-
ginning 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.
R1cE-The market for the past week con-
tinued in much tie same condition for
the previous week. 1t ruled quiet throughout.
There steady buying going on, but only
In small lots each day, and most buyers COM
plain of lack of oroers to any extent from out
oftown traders. and it is attributed to the re-
cent freezing weather which prevailed in the
West. The total sales for the week were about
1000 barrels. The following are the official quo
iations Of the Board Of Trade. Small job lots
are held at ]s@A higher:
Fair NEUTRALITY-SUSPICIOUS.. ............ $685.
GOOD ''.'.''''...''''''.
Prime .......,....... ........ .....55&06
Rough
Tide water observation-disclosures 15Qb1 80
CoTroN-The market has been dull during
last week The disposition of most holders was
10 hold offerings for the outside limit of quota
tons, but here and there buyers managed to
find small lots, which were parted with on
concessions by factors with the
give the general s ttifent the position is one
of steadiness. Price have been reduced
Isc. all around. The total sales for the week
were 1,4!7 bales. The following are the official
closing spot quotations of the Cotton Exchange:
Mlddling fair. ......................101
Goud nliddling. ............. ........ "a
lhGdlng Observation-Disclosures. 919
Low mlddIng ...... .............. 918
God ordinary NEUTRALITY-SUSPICIOUS.. S5S
'9htuery' '-'..--..''..''..'',.-. -.-..-
~an {sIqnds-The receipts for the week up to
~. IN, as reported by factors. were PSI bags,
ID tie sales for the same time only 43 bags.
Y lie market was pretty well neglected by buy
r- and not until Thursday was anything done.
: MI and nominal feeling prevailed through
lie week. Prices remain unchanged.
ommon Georgia and Florida. 80. 191S@20
.+edlum ....-... ................ 20190121
fdium me. .........'.-'.....--. -. u 12Gg2l34
y Itie.--- ~ GG2%13
'fNtta nne- -.'..'...''''.-.''..'.-.
tnOlCe ............. ..........--....24
, The receipts of cotton at this port from all
sources the past week were 2.570 bales Of up-
land and PSI bales sea island, against 4, l69
bales of upland, and 81 bales sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad, .2S2 bales up
land per Savannah, Florida and Western raI-
way, 1922 bales upland and 2o6 bales
sea island; per Charleston and Savannah rail
road 46 bales upland per Savannah river
steamers. 10 bales upland and 2 bales sea island
per carts . bales upland; per Florida steamers,
3 bales sea island.
The exports for the week were 1864 bales Of
upland and 957 bales sea island. moving as fol
lows to New York 1876 bales upland and 80
bags sea island: TO Boston 397 bales upland; TO
Baltimore. 40 bales upland and 927 bales sea
island; to Philadelphia, 301 bales upland
The stock on hand to-day was 30 299 bales up
land and 1.934 bales sea island against S,7i7
bales upland and J, 392 bales sea island last year
,3z<z q q 5E3zt Il q