The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-05
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS, |
SAVANNAH. GA, May 4, 1888.

OFFICE OF THE MORNING NEWS,
SAVANNAH. GA. May 4. 1888.
GENERAL REMARKs-The general market was
very quiet, and business as whole moved
xithin very narrow limits and without features
or activity until the past two days, when there
uas a somewhat increased movement in
a few departments, which is attributed
IN its being the early part Of
the month. The shipping movement was con-
enad mostly to orders held over. The weather
during the past week was quite favorable for
Greer demand, but orders both by mail and wire
coma in very slowly, while only few spot buy
ars are to be seen, and only occasionally. For
tbis period Of the year travellers orders are not
unite up to the proportions usually met WITH
and the passing trade is mostly in local
uay it being apparent that the requirements Of
bnyers do not increase daily. The principal
changes in values were the advance in cotton,
cofees and grain, while provisions exhibited in
creased firmneSs. In groceries the most activ-
itv was prevalent and fair run Of business
,yss had in the staple articles for immediate
consumption. In dry goods there was no i'm
movement, the trade dragging along
Slowly and IL, the ,,,,a shipping movement
cheaper and lighter fabrics. All other depart
nents show no important changes. A fair
volume of trade for this period is in progress,
bnt orders in most instances are small. In the
money UuS market there is a good demand The
security market is somewhat inactive. with some
little demand for investments Collections show
up in better shape than for some time. The
following review of the weeks business will
show the tone and latest quotations of the diff
ferent markets at the close to-day:
NAVAL kSToREs-For spirits turpentine the
market was somewhat irregular during the
week. opening with decline of Nc. but later
on slight decrease in receipts and orders for
foreign account coming in more freely, prices
rallied, and the market closed firm with full
recovery in values The freight market was
firmer, indicating more demand for vessels
The sales for the week were about 1000
casks Rosin-The market was quiet during
the week, with prices irregular. Strained has
advanced slightly. while the extreme pale
grades declined. There was a fairly steady de-
mand, but was mostly for small lots. The
total sales for the week were
about $500 barrels. In another column
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 continues In about the
same condition as noted the previous week, if
not a little duller. The stock is considered
ample for the present demand, but the general
it might be, holders being more in
clned to keep back the better quail
tiles for the purpose of working off the medium
and lower grades. There was slight decline in
Common and a nominal advance for good, and
the position may be considered as fairly steady,
but no better. The sales for the week were
about 800 barrels.
The following are the official quotations
Of the Board of Trade. Small job lots are held
at B@A higher;
FAIR; ...'................... 1904
Good. ........,............. .6ss@5M
Prime ............... ........ .....5A06
Rough
Country lots. ...................... 9501 10
Tide water Observation-Disclosures 15@1 80
CoTToN-The market was dull and uneventful
during last week. Prices, however, were firm.
and were advanced &c all around Holders re-
port rather a limited and unsatisfactory de-
mand. There is a considerable stock offering,
which decreases very slowly. There are
orders are still less and for very small lots,
more particularly is this the case for foreign
account. The total sales for the week were
oly 500 bales. The following are the official
spot quotations of the Cotton Exchange:
Middling fair ........................10 3-16
Good middling .....................~ 9 1916
Middling Observation-Disclosures. 9 9-16
Low mlddhng. -...... So. 3-16
GOOD ordinary ACKNOWLEDGEMENTS. Ills
ORDINARY. ............ ..........,... 1-l6
Sea lSldnds.-The receipts for the week up to
4p,m., as reported by factors were only 3 bags,
and the sales for the same time AZ bags 1t
has been rather quiet week and without feat
ure of special interest to suggest. The Offer
ings are full enough but the best qualities are
held in reserve. AS rule, holders were willing
W accept IOTllleT FdIeS WHICH are renewed.
Common Georgia and Florida. 800 10 @1s16
Medium. ................19 00l916
Meolunl Hne. -.............. .SO15(lE2l
FIhe.. .;...'.''''.. .'.''.'...''.'-.....S
Extra nne. ...................E
Choice .....,....-.. ................ None.
The receipts of cotton at this port from all
sources the past week were 3SSS bales of up
land and bales sea island, against 1,542
bales of upland, and II bales island last
year
The particulars of the receipts have been as
follows: Per Central railroad. 2.547 bales up
land; per Savannah, Florida and Western rail-
way, 95S bales upland and bales sea island
per Savannah river steamers, 278 bales upland
per Charleston and Savannah railway, 105 bales
upland
The exports for the week were 1904 bales Of
upland and n bales sea island, moving as fol-
lows: To New York, sos bales upland to Balti-
more, 2,426 bales upland and q bales sea
island; to Philadelphia, &c bales upland; to
Boston 1876 bales upland; to Charleston 1911
bales upland.
The stock on hand to-day was II ,295 bsaes up
land and 1000 bales sea island against 5,054
bales upland and 1 $40 bales sea island last year
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