The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-06-16
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT

WEEKLY REPORT.
OFFICE OF THE MORNING NEWS
SAVANNAH. Ga, June IS 1888. (
GENERAL Observation-Disclosures in the general
u,orket was still restricted, but was better by
considerable than for several weeks previously
There were few radical changes in prices but
che general drift was in favor of the
h,ver The market, as whole con-
tinues free from unusual features, and
.hare is nothing of a really significant
character to suggest. The distribution as a
vbole might be considered moderate, but for
Ibis period of the year is very fair, although
hnvers continue to observe great caution
- their purchases, and confine them
solves in their investments simply to
actual wants There were very few spot
s,vers and the movement had was prin-
c;nallv through the medium of orders by mail
md wire Travellers are again actively en-
oooe1 on the road, which serves to stimulate the
interior trade to some ex tent In groceries there
was rather an unusual demand, and the ship
ming movement was quite heavy. In dry goods
,bere was some improvement in orders, and the
trade gives signs of quite an early opening of
she fall movement. In all other departments
there is a good average demand, but with no
snecial activity in any particular branch
THE grain market was on a steady decline:
collections were fair The money market is
unchanged. The security market was some
what active, with little investment business
doing The following resume of the weeks
business will show the tone and latest closing
ouotations of the different markets to-day:
NAVAL SToREs.-The market for spirits turpen-
tine was again rather irregular and somewhat
unsettled for prices. In the early opening or
the week sales were made at 33l5c for regulars,
hut sold down to 834c. at which figure the bulk
of the trading was based on. There was a very
GOOD demand, but the largest holders were not
Offering freely at the prevailing prices. The
total sales for the week were about $500 casks
Rosins-The market remained quiet throughout
the week and prices of strained to good strained
declined slightly, There was a very
steady demand, and about, 1900 bar
another column will be found a weekly com
narrative 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-There were essentially no new features
To report in this market, except that the stock
Of domestic was pretty well cleaned up by the
takings for the week, and choice attractive
grades are very scarce with prices quite firm all
around. The total sales were fully H. 800 bar
res, mostly all high grades for shipment
The following are the official quotations of
the Board of Trade. Small job lots are held at
b94c higher.
Fair Observation-Disclosures. 49b0D4N
Good. ............-.......... bAb0h616
Prime ............... .".,...,.....6&06
Rough
Country lots. ........3. .-....... 9541 10
Tide water. ..................S 1901 W
CoTroN-There was quite an improved de-
mand during the week and buyers absorbed the
offerings freely. The market ruled throughout
firm and prices were advanced 1-16 cents
week has decreased the stock
in first hands very materially The receipts
however, continue quite large for this time of
the year, which prevents any heavy advance in
values. The total sales for the week were 2613
bales. The following are the official spot quo
tatons of the Cotton Exchange:
Middling fair NEUTRALITY-SUSPICIOUS.. ..l01k
Good middling. .......... ..............- 9&
Middlng; ;;........... ...----..'......... w
Low middling =. ........ ...n......... 916
Good ordinary .............. ............ 656
ORDINARY .'.'..'.'.'. ...'.. '.'''.......
Sea LSldndS.-There were no receipts reported
by factors during last week. The sales, how
ever. were 159 bags. The market has continued
comparatively quiet, but factors were pretty
firm holders, and full figures were obtained on
all offerings The stock has been reduced down
to 1872 bags, and there is very poor assortment
to admit of any heavy business The above
Common Georgia and Florida. ..... Is all
Medium ...-..,......,......l S
Medium fine. ACKNOWLEDGEMENTS. 30 Gn20l6
Fine asked Observation-Disclosures. 81 1bGl22
Extra fine, asked. ...................23
Cholce ............. Nominal
The receipts of cotton at this port from all
sources the past week were 3,70S bales Of up
land, against 96 bales Of upland and bales sea
iSand last year.
The particulars of the receipts have been as
follows: Per Central railroad, 1904 bales up
land; per Savannah, Florida and Western rail
way, 1874 bales upland; per Savannah river
steamers, $40 bales upland; per Brunswick and
SatillG river steamers, $50 bales upland.
The exports for the weeK were 1914 bales of
upland and 295 bales sea island, moving as fol
lows: To New York, Air bales upland, and 295
bales sea island; to Baltimore, 2 119 bales upland;
10 Philadelphia, 617 bales upland; to Boston,
l138 bales upland; to Charleston, 323 bales up
land
The stock on hand to-day was ,1S5 bales up
land and 1872 bales sea island, against 2. pa
bales upland and ,030 bales sea island last year
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