The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-11-02
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH. Nov. /. 1889. 4

WEEKLY REPORT.
OFFICE MORNING NEWS,
SAVANNAH. Nov. I. 1889.
cxxrzAL RExARKs.-ln the general market
,.-,ng the past week business has continued
go active, although among jobbers there was
sIi1bt falling of in orders, due, no doubt, to
:. hing the closing of the month. when it is
- usual custom of interior buyers to
"a over all orders for the next
nth except in cases where goods are ALSO
III, necessary for immediate requirements
- main feature of the week was the contin-
- heavy movement Of cotton to the ports,
-h1a the exports from this port were without
N-acsdent. The weather has moderated and
tr.,oma milder, which may be another
ION for the lull in the demand in some quar-
-. The volume of business. however. was
"a considering, and the total movement sat
ss.,orv while a very confident feeling seems
=. rrsvaiI with jobbers generally. Collections
soa,inue quite satisfactory, and arc COM
- IN freely. The money market has become
~ EASY. owing, no doubt, to the srnallness of
.sa stock of spot cotton now being carried,
s,,bongh a pretty fair demand exists still for
80 In the security market there is good
I.n,snd on the part of investors, with an entire
-h.arcs of speculation. The demand from out
% town for groceries has been quite heavy, and
sbinn,ng has been active. Sugars have again
s.oired In provisions there was fair bust
na.o in progress, but with some falling
- IN orders. while prices in some cuts Of meat
,,ara declined The hardware trade has been
s,r,awhat duieter and the demand has slack
anad IN. Nails have advanced. In dry goods
tbare was fair reassortment trade doing on
travellers orders, while prices have continued
fairly steady The demand for lumber and
building materials does not diminish any, and
II remains in remarkably good form In all
other branches there was fair to good move
ment had The following resume of the weeks
business will show the tone and the latest
quotations of the different markets at the clos
ing hour to-day:
NAVAL SroREs.-The receipts of spirits turpen-
tine have kept up in good volume during last
week which has had the effect of weakening
the market to some extent, and prices have
gradually but steadily declined being fully 1c.
lower than week ago, the market closing
today firm at 1870. for regulars There was a
moderate demand, but on the slumps buyers
total sales for the week were
about $500 casks. Rosin-The mar
ket throughout the week was firm and ad-
yancing Light receipts, the smallness of the
stock ana Drm nOluerS nave D6en Jn6 C1leI
factors in advancing prices. while the demand
was also good, and all offerings were readily
TAKEN the market closing to-day with prices
1004Oc. higher than since last report The total
sales for the week were about 1900 barrels.
Elsewhere will be found a a comparative
table of receipts and exports from April
| to date, and for the same time last year,
showing the stock on hand and on shipboard not
cleared, together with the official closing quota
tons.
CorroN The pnarket was fairly Arm during
last week, although there was no material ad-
vance Holders, however, were quite firm in
their views, and we're asking and obtaining full
prices on scant grades. The demand, while not
heavy. was very steady, and factors kept pretty
well sold up, in fact there never was such a
small amount of spot cotton offering at this
time of the year as now. At the close
of the market to-day it was steady, prices
being 1-1601Ac higher for the better grades.
The inquiry throughout the week was mostly
for middling an above. The total sales for the
week reached 1855 bales. The following are the
official closing spot quotations of the Cotton
Exchange:
Middling fair. 1916
Goou Inluunng Observation-Disclosures. S-lb
Iluuiihs .....-.-...'...- S9S
Low middnng ..-.,.......... -.
Sea Lsldnds.-The receipts for the week up to
o'clock D. m, as reported by factors. were only
exports we're !, 1872 bags, of which SOC bags were
to Liverpool, IT'S bags to Havre and sol bags to
northern mills The market for the most part
vas dull, with buyers offering lower prices than
the current quotations, while holders to obtain
business were obliged to make concessions
AT the close to-day the market was quiet and
steady on the basis of the following quota
tons
Good medium. ACKNOWLEDGEMENTS
Medium fine. .................. sl4@2219
Flne.. ........................ .22a40D23
Extra fine and choice. .............. 23L a 2316
The receipts of cotton at this port from all
sources the past week were a., 686 bales of up
land and ,454 bales sea island, against 10, 649
bales of upland and 1916 bales sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad, 35,71i bales up
land; per Savannah, Florida and Western
railway, SAT- bales upland and 1,241
bales sea island; per Charleston and Savannah
railway, 2,716 bales upland; per Savannah river
steamers, 64SbaleS upland: per Florida steam
ers, so bales upland and 35 bales sea island per
carts, 81 bales upland and 17S bales sea island
The exports for the week were 80, 1902 bales of
upland and ,249 bales sea island, moving as fol-
lows: To New York. 1856 bales upland and
46l bales sea island; to Baltimore, 334 bales up
land and 2S1 bales sea island; to Bremen. Is, 72S
bales upland; to Barcelona, 1853 bales upland
to Boston 1852 bales upland and 90 bales sea
island; to Charleston, ESQ bales upland; to
Oporto 282 bales upland; to Phiadel-
phla, $50 bales upland; to Liverpool, % 295 bales
upland and 275 bales sea island; to Havre. 1850
ll,100 bales upland; to Genoa, 9,775 bales up
land; burned. 4,242 bales upland and II bales
sea island.
The stock on hand to-day was 1926 bales
upland and 1887 bales island, against IS, 089
bales upland and 1860 bales sea island last year.
RICE.-The market was dull during last week,
with buyers offering freely at 1s@ssc. lower than
the current quotations. Holders. however.
were asking full figures and were not disposed
to force trading, so that business restricted.
There was slight scarcity of the poorer grades,
and again considerable quantities of Louisiana
rice were disposed of in this market. The
sales for the week we're about 1900 barrels.
The total receipts of rough from Sept to Oct.
81 inclusive were 279, 1929 bushels of which the
mills have pounded only 70. 1909 bushels, leaving
stock of rough on hand in the mills of 200, 552
bushels, and of clean Of 2, 1853 barrels.
The following are the official quotations;
small job lots are held at 1s@14c. higher:
ralr ......- ............... .3A94
1Oou '.''..............s.. .914Np44
- iiio ........ ........,- .-..,'.......o 4Do16
ny 1890. --..- $500 .o129go4
Rough-Nomlnal-
ms ana iotS. ............s..ss....9 QUO ~
AUG "dUer ............... SU1pl ~
HH EHDI II q