The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-11-23
WEEKLY REPORT.
OFFICE MORNING NEWS,
SAVANNAH, Nov. y, 1889.

WEEKLY REPORT.
OFFICE MORNING NEWS,
SAVANNAH. Nov p. 1889.
GENERAL RExARKs-A fair amount Of bust
ness was accomplished in the general market
lin, the mast week II was. however, quieter
:, anpearance, there being an absence Of the
.,-,al hustle and activity so prevalent at this
time of the year. Among the wholesale job
hrs there was considerable Stacking up
:, orders. The fact of the matter is
,bat the trade in the interior chooses to work
fl their present stocks and purchases rather
han to have any accumulations, especially as
if is on the verge of the holiday season, as also
tafore the usual stock-taking occurs. In other
lines there was good business going on and
ouite heavy shipping movement was had. The
weather, for the most part, remains
-a+ber mild. and does not encourage
seasonable trade. There were few important
features in commercial circles worth noting
except that values pretty much all around have
exhibited much easier tendency. Collections
we're good The money market continues re-
markably easier. with considerable amounts
saeking investment but the latter is limited
only by the scarcity of all desirable securities
In the grocery trade there was a steady de-
mand. but orders were not as full as usual, and
the trading was mostly confined TO the heavy
and staple goods, in which there is always a
more or less regular movement. In srovsions
there was a reasonably fair demand for this
time of the year. but there is a slight scarcity
noticeable in some cuts of meats. In dry goods
the trade was somewhat slow, buyers having
previously been pretty well stocked up. In
hardware there was good steady movement
in building materials, the demand was heavy as
we'll as in lumber, but the trade is very much
hammered for lack of railroad facilities to move
the stuff from the mills. In all other depart
ments business was very fair to good. The fol-
lowing resume of the weeks business will show
the tone and the latest closing quotations of
the different markets to-day:
NAVAL SToREs.-The market for spirits tur-
pentine was quiet during last week, while the
continuance of heavy receipts has weakened
nrces. and regulars sold down to 42c, a clear
decline of 116c. There was only moderate
inquiry, but on the slumps buyers AFFORDED a
fair amount of stock. Any firmness, however,
on the part of holders caused buyers to be-
come quite Indifferent. The total sales
during the week were fully $500 casks.
Rosin-T market was quiet during the week.
and prices were somewhat easier and fell off
5n1Oc all around There was only a fair in
auiry, with pretty free offerings The total
sales were about 5000 barrels. In another
column will be found weekly comparative
statement of the receipts and exports from
the beginning of the season to date, and for
the same time last year, showing the stocks on
hand and shipboard not cleared, together with
the official closing quotations.
CoTToN-The market was somewhat dull dur
ing the past week, while stocks in factors hands
have shown some accommodations. Prices have
declined 1s0136c for all grades. There seems to
be some dearth of orders among exporters,
which, of course, was expected little later in
the season; the lull in the demand, however
sI,,,ta Il
Of stock atloat. The local receipts
continue in light volume The total sales for
the week were S025 bales. The market closed
today quiet at the following spot quotations
based on the standard types, and which were
revised on last Monday:
Middling fair Observation-Disclosures.
1000 nhiudhhg -.....'..............'.. 1910
MldullnS Observation-Disclosures. J2S
Low middling ................. -. 936
Good ordinary Observation-Disclosures. S6
Sea IsLGpds.-The total receipts for the week
up to p. m were 2,137 bags, which include
1911 bags to factors and 400 bags Of through
cotton. The sales were 1868 bags. The total
exports were 1855 bags, distributed as fol-
lows: 300 bags to Liverpool, 1852 bags to
Havre and $50 bags to northern mills. The
market closed very firm, with the total sales
larger than factors receipts for the week.
Sellers were asking an advance of Ac on fine
Foridas over quotations The following prices
are based on the above sales:
NCCdJ CObbOA VI SOOu ottb .HS-4 W0S%12
Go9d nedlum .....-..............2 20
Medium fine. ........................2 316 1884
rlhe :......; -. '.''..'''.' "a
Extra fine and Choice. .2415
The receipts of cotton at this port from all
sources the past week were 4 ,49f bales of up
land and 2,137 bales sea island, against 81, 767
bales of upland and 1852 bales sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad, 81, GAG bales up
land; per Savannah, Florida and Western
railway, 9.223 bales upland and 2,137
bales sea island; per Charleston and Savannah
railway, SAG bales upland; per Savannah river
steamers, $40 bales upland.
The exports for the week were 60. 202 bales of
upland and ,53S bales sea island moving as fol-
lows: To New York, S4S4 bales upland and 1077
bales sea island; to Baltimore, 1,431 bales up
land; to Boston ,215 baleSsupland and 161 bales
to Liverpool, $3.50 bales upland and 800
bales sea island; to Bremen, 9,73S bales up
and; to Reval, sol bales upland to Barcelona,
Io767 bales upland; to Antwerp, $500 bales up
land; to Hango $3.50 bales upland; to Genoa,
42g0 bales upland; to Amsterdam, 1850 bales
upland; to Philadelphia, 119 bales upland.
Inc stock on hand to-day was 90,540 bales
upland and 1853 bales sea island, against ia 761
Oales upland and 5,644 bales sea island last year.
RIcE.-The market throughout last week was
comparatively dull and prices easier and lower.
There was very slow and somewhat indiffer-
ent demand. The offerings were ample for the
NDuAoud, DuC buyers anu SeleTS were again
apart in their views. and transactions were few
and far between. The total sales were about
80 barrels.
The following are the official quotations;
small job lots are held at 1s014c. higher:
FAR; 900. Observation-Disclosures. - $40
1oou OBSERVATION-DISCLOSURES.
L llme. .......... -............41614M
uuanIy ''..'.-..-.-- .4S4 W5A
i0tu' .''.-...-.............. .51s06
Rough-Nomlnal-
Country lots son 70
4ide water. -. .............. GOAL 10
d III55|.|||fiI|E'||!|I| / !