The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-12-08
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS, !



c.r.rRAI REMARKs.-Business in the general
market was less active than for the previous
rack This is due in a great measure to the
snuroaching holiday season, as well as to the
d,,Ilpess in the cotton trade. The slow move
,nent of cotton has caused a considerable stock
m he banked up here, and until now
it's carrying is becoming more onerous on
factors and has frightened up the money mar
l,et somewhat The demand, however, for gro
ceries, provisions and the holiday goods con-
times steady, although not in as large volume
as for some little time back. Since the raising
IF quarantine restrictions a considerable
number of spot buyers have visited the
market, but their orders were some
what limited and the bulk of tae slipping
movement WAS pine plly through travellers
orders Collections have again fallen off mate
rally, probably due much to the dullness in
the cotton market as to anything else, DomeS
tic exchange has also become rather scarce and
foreign dull and easy. The security market
was very sctve. The heaviest movement was
had in groceries and the principal staple articles
we're advanced. notably for butter. coffees. and
sugars There was a very fair demand for pro
visions with frmer feeling in values. There is
nothing new to be told of the dry goods trade;
values are unchanged and orders very slack.
active trading is anticipated before the first of
the new year. In all other branches
business is narrowing down to very
small proportions which is quite natural at this
period of the year. The following resume Of
the weeks business will show the tone and latest
closing quotations of the different markets at
the closing hour to-day;
NAVAL SToREs.-The market for spirits tur-
reutine was very irregular during the week,
and prices were unsettled, opening at an ad-
yanci OF &c, and were further advanced 4c,
,>uen buyers aud sellers became more or less
aplrt aud values began 10 sag off, until to-
n,v they closed easy at 43c for regulars.
The receipts were quite liberal with loaly a
moderate inquiry. The total sales for the week
were about 9, 200 casks. Rosin-The market was
easier and prices declined 212@5c. for the lower
grades and 10c. for the higher grades, but the
market closed firmer. There only
a fair inquiry, and about 11100 bar
relS were disposed of for the week.
In another column will be found weekly com
parative table of receipts and exports from
April to date, and for the same time last
year showing the stocks on hand and on ship
board not cleared, together with the closing
quotations
RIcE.-The market has remained quiet during
the week and prices as rule were unchanged,
although for the lower grades there was a
somewhat. easier feeling. The demand was
The total sales for the week were
about $500 barrels. The stock accumulation of
rough at the mills is pretty full, and the out
The following are the official quotations of
the Board of Trade. Small job lots are held 1
@Ac higher:
Fair. ......-................ "4Ag43s
Good. .......-.......'..... '.......- .494Do
Prime. ............... ....-.--....... 5ss0519
Rough
T T24nsry Io'S' q toS Og1 Ok
CorroN-The market for the past week wa S
very dull. Buyers were refusing to go on at the
current prices, while holders were just as firm
in asking full figures an all offerings. This ex-
tremity of views has resulted in very large
stock accumulated in first hands especially of
the lower grades, which are not in present de-
mand, the inquiry being confined to the better
grades. The total sales for the week foot up
5000 bales The following are the official clos
ing spot quotations of the Cotton Exchange:
Middling fair ..........,..............1
Good middllng. .......... ........-... 995
Middl I'M iii,,. 7 Jig
Good ordinary ........................S
ordinary .....--.-.---..s.... ~
Sea IsIdndS-Ihe receipts for the week up
to 4 o. m, as reported by factors, were 1,5S7
bags, and the sales for the same time were 1888
bags. The total exports were 1859 bags, of
which ,440 bags were to Liverpool and the bal
ance to northern mills. There was quite an
active demand for bright cottons throughout
the week with some scarcity so that holders
had no difficulty in maintaining prices The
above business was on the basis of quotations.
Storm cotton .........-..............1 10 OBS
Common Georgias and Floridas. ..1S @19
Medium F1oridas. .......-...........211 a022
Medium fine FloridaS ..............22
Fine FlorldaS --.,...... 2S12
Extra fine. --.........-..........23
Choice. --......- Observation-Disclosures .So12
The receipts OF cotton at this port from all
sources the past week we're 81, 179 bales of up
land and 1857 bales sea island, against 32, 577
bales of upland and ,134 bales of sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad, 3,544 bales up
land and bales sea island; per Savannah.
Florida and Western railway, 6, 100 bales upland
and 1883 bales sea island; per Savannah river
steamers 426 bales upland; per Charleston and
Savannah railway, 1875 bales upland; per Bruins
wick and Satilla river steamers 3 bales up
land. bales sea island: per Darien and Alta
mana steamers, IS bales upland and bales sea
island; per carts, q bales upland and 40 bales
sea island; per coasters, 10 bales upland.
The exports for the week were 29,27O bales OF
upland and 1869 bales of sea island, moving as
follows: To New York. 5.447 bales upland and
26 bales sea island: TO Philadelphia, 1914 bales
upland; to Boston, $3.50 bales upland; to Balti-
mores 1730 bales upland and 534 bales sea
island; to Liverpool 4,37S bales upland and 400
bales sea island; to Bremen, G. 12e bales upland
to Amsterdam, $500 bales upland; to Charles
ton, 1858 bales upland; to Brunswick, 81 bales
upland; manufactured, $50 bales upland.
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