The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-10-06
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT.

OFEICE OE mOhNlN3 NEWS,I
SAVANNAH. GA. Oct. 5, 1883 (
GENERAL REMARKs.-The market closes with
renewed activity in the general market In pretty
nearly all departments there was very liberal
movement particularly in cotton and food
products The orders by mail and wire
continue heavy and the shipping
movement in volume very large.
in point of fact greater than ever before. The
plague has of course, shut out some branches Of
trade. but cooler weather will stimulate them
now that there has been some modification of
the quarantine rules and conditions. Values in
pretty much every article Of the
stanle products were strong and advanc-
ing. the features being the very
heavy and rapid advance in provisions coffees
-four and sugars. There is still some dissatis-
faction expressed at the slowness of collections,
tie volume of which is in no proportion to the
large amount of goods moving. There was
ouite a squeeze in the money market during the
last half of the week, and rates were advanced to
e per cent There is, however, prospect of its
easing up next week. The domestic exchange
market was easy. while foreign was firm, the
Rank of England having advanced its rate of
discount to per cent. The security market for
the time is quiet, pending the tightness of
money In the grocery trade the demand is
enormous and jobbers are taxed to
their utmost to keep up with their
ORDERS In all other departments there was
very fair volume of business completed, while
considerable new business has come to hand
The following resume of the weeks trade will
show the tone and the latest quotations of the
different markets at the closing hour to-day.
NAVAL SroREs.-Spirits turpentine was in
pretty fair request during the past week, and
the offerings were steadily taken at advancing
prices The receipts do not show up favorably
with the previous year and holders are very
much strengthened thereby. The Offering
stock is light. The week closes with
buyers and sellers apart, but prices
show a clear advance of cents over the
previous week. Rosin-The market was rather
irregular as to prices, particularly in the better
grades Supplies are liberal and with the very
moderate trade in progress the Accommodations
are quite fair. The total sales for
the Seek will we're RE ns sUS eep 1ar co
parative statement of receipts and exports
from the beginning of the season to date, and
for the same period last year, showing the
rtocks on hand and on shipboard not cleared,
together with the official closing quotations.
RICE-There was quite dull feeling prevail
ing in the market during the past week and
prices were easier for the better qualities. In
creased receipts and decrease in spot orders
have caused the better grades to decline slightly
The total sales for the week were about 400 bar
rels at about the following quotations. Small
100 l0US were ITdCIlOntlly uedroT
Falr; ......'.-'. '-..-.'...--.'..''.''oa 9D2h
Good. .o2BGD515
Prime Observation-Disclosures. .....oa4Q16
Rough
Country lots. ..............-..... eOGD 10
Tide water ..................S1 O0@1 25
CorToN-The market was in rather an anon
alous condition during the past week. CoDsid-
ering the statistical position and the firmness
exhibited in controlling markets. business in the
spot market was trife dull While there does
not appear to be any loss of confidence
in regard to the future, it is said
that the short interest is large, and is still grow
ing larger, but buyers are more or less disposed
TO await developments. Factors have felt the
effect of the money stringency, and part with
could be found. Exporters complain very bit
terly of the scarcity of freight room
and the high rates. They have con-
siderable orders; but. from this cause
they are restricted in their operations. Values
were easy and declined sou cent all around.
The total sales for the week were II $50 bales.
The following are the official closing spot quota
tons of the cotton exchange:
Middling fair .......... ............10
iood mddhng' '.-'...''. .....-''.'- US
Middling. :......................... US
Low middling .....-.... s3s
Good ordinary. Observation-Disclosures.
Ordinary Observation-Disclosures
Sea Isldnds-The receipts for the week up to
4 D. m. as reported by factors, were sos bags
aud the sales 259 bags. The exports were $50
bags, of which only 80 bags went to northern
mills. The market quiet and steady
throughout the week. The receipts were slightly
heavier than for this week last year On &C
count of the scarcity of freight room the de-
Inand was not good as it might have been.
The above business was on the basis of quota
tons.
Common Georgas and Floridas.. %. 10000
Medium Florldas. .........-....,...S O1eQ2l
Medium tine. .... .2l1slD22
Fine. ,...... ......... o.. SO. .2213
Extra fine and choice. ..............23
The receipts OF cotton at this port from all
sources the past week were 43, 671 bales Of up
land and sos bales sea island against 81 1876 bales
OF upland and 49S bales Of sea island last year.
The particulars of the receipts have been
follows: Per Central railroad, rs, $50 bales up
land; per Savannah, Florida and Western rail
way l5 297 bales upland and 436 bales sea island.
Per Savannah river steamers, l, 626 bales upland.
Per Charleston and Savannah railway, 716 bales
of upland. Per Brunswick and Sata river
steamers, 50 bales upland and one bale
island Per carts. 16 bales upland and six bales
sea island. Per Darien and Altamaha steamers,
sc bales Of upland and two bales sea island.
The exports for the week were VI, 266 bales of
upland and $50 bales of sea island, moving as fol
lows: To New York, S219 bales upland; 10
Philadelphia, 463 bales upland; to Boston, 700
bales upland and so bales of sea island; TO Balti-
more, j 1861 bales upland and so bales sea island;
to Charleston. 2, 245 bales upland; TO home man
ufacturors. 100 bales upland.
The stock on hand to-day was 81, 696 bales up