The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-10-19
CONfsIERCIAL.
----------------O---
SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE MORNING NEWS,


OFFICE MORNING NEWS,
SAVANNAH. Oct Is. 1889.
AZ, REuARzs-Business in the general
es ~. vas again disturbed somewhat by the
nS-1-,,,i,n OF a holiday thanksgiving" Con
iD',,.sss activity, however. was displayed In
sllsl',.,al circles. and a heavy business was
c'-----,ssd in the different departments OF the
U.s. trade. The weather has con
90 quite seasonable, and interior
Hl0 as home buyers have
simulated to some extent, causing
r., nun Der of orders to come 10 hand, and
~. ~ ar. on the increase, as well as giving
st tone to trade generally. There were
features to note otherwise, except the
as well as very heavy movement
50. c3tton crop to market, which indi-
short season, but as prices
c. fairly remunerative, it is believed
oD-ai tend TO put the planters
try merchants on pretty firm basis,
~ ,.robla them to meet obligations promptly.
S,,S.+i,rs as a rule are showing more life,
,,1,,i,,a in a satisfactory condition The
~. ma rlzet continues somewhat contracted.
NJ hanks thus far are satisfying their Gus
ol' ond the demand is still very active. The
"l', -it, market was quieter, although
go are quite firm, the features be-
tho advance in railroad stocks and
,,t.,t,res. encouraged by the heavy freights
- mis- fall. Hardware continues more
20 than ever at this time of the year, and
-, o,,arayate sales of lumber and building
.-o.ariol are still remarkably large. Groceries
-, in much better demand, and the shipping
a,,von,ert is very heavy. Sugars have de-
- Torovisi ms are firmer and higher, with
- r.ood steady demand. Dry goods are quiet,
30 there is no change in values In all other
s.,,.rtn,ents there is an improved demand, and
40 yo1rme of transactions is fairly well
sustained. The following resume of the weeks
business will show the tone and the latest
closing quotations Of the different markets to-
day:
X,v.r SroREs.-The market for spirits tur-
rentine rpled quiet throughout the week, but
nrices were slightly frmer, and were advanced
II cent. There was a moderate inquiry, but
nfffarings were fairly steady, and there was GUY
a Ight business dong. The receipts are keep
ING nm to pretty full figures. The market
closed today steady at 4515 for regulars. The
total sales for the week were about 500 casks,
5Rosin-Tbe market was strong and advancing.
IThere was all active demand with very moderate
|offsrings and stocks were generally held at full
.current figures The receipts are fair, but the
stock is kept down to fairly reasonable basis,
and the bulk of it is now in second hands. The
advance has b en- for all grades, and all
the yav from 5GI25c, the market closing firm.
The total sales were about 10000 barrels. In
another column will be found compare
tive 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
tionS
CorroN-The market during last week was
rather duh and prices steadily declined. There
was rather a slow and Indifferent demand,
exporters being apparently without urgent
orders, and freight rates have become easier
and are slOughing off. The stock is accumulat-
ing in factors hands somewhat, but
has not become very burdensome
as vet The market closed to-day quiet, with
prices 5-16c lower than week ago. On the re-
duction in the current quotations considerable
stock changed hands. The total sales for the
week were 17700 bales. The combined receipts
at the ports for the past week were the largest
ever recorded. The following are the official
closing spot quotations of the Cotton Elk
change:
Middhng fair Observation-Disclosures. 800. 1916
Good middhng. OBSERVATION-DISCLOSURES ll-lo
Mlddllng. OBSERVATION-DISCLOSURES l-lo
Low middling =. ............... -. 8 1 16
Sea JSldndS.-The receipts for the week UP to
q o'clock p m, as reported by factors, were !,243
bags, and the sales were SIS bags The exports
were 926 bags, of which 256 bags were to Liver
pDOI anu 40 Days 10 DOELDtFu Hills. Lie ular-
ket has been comparatively dull with a
light inquiry. and prices for the most part
were easier, the bulk of sales being
made at the inside figures. The receipts
are coming in fairly steady and in good form.
Stocks are accommodating slightly The poor
grades continue neglected and are nominal
The above business was on the basis of the fol
lowing quotations:
Go9a medium -'..'.-'.' ''.''..''.-'.' 931sc
Medium fine. ................... 4c
/
Extra fine and choice. 80. .......... 2516c
The receipts of cotton at this port from all
sources the past week were 1913 bales of up
land and / 243 bales sea island, against 50,S99
bales of upland and 1921 bales sea island last
year.
The particulars of the receipts have been as
follows; Per Central railroad. 3S,011 bales up
and; per Savannah, Florida and Western
railway, 1858 bales upland and 1913
bales sea island; per Charleston and Savannah
railway, S42 bales upland; per Savannah river
Steamers, 1190 bales upland; per Florida
seamers 1914 bales upland and 107 bales sea
Island per Brunswick and SAtilla river steam
ers ! bale sea island per Carts, 90 bales upland
and s. bales sea island.
The exports for the week were 81 ,535 bales of
Upland and 326 bales sea island, moving as fol
0Es To New York, 9,74l bales upland and
10 bales sea island to Baltimore, 1,230 bales up
land and 80 bales sea island; to Bremen, 40
bales upland; to Barcelona, 1897 bales upland;
toBoston ,757 bales upland; to Charleston, 1873
bales upland; to Liverpool. 6,O27 bales upland
and l2 bales sea island.
The stock on hand to-day was 1o5,Ss6 bales
Upland and {, 238 bales sea island, against 1886
Wles upland and 2,045 bales sea island last year.
RcE-The market was very firm during the
week with a good steady inquiry and every
llng offered was taken. The offering stock of
Clean continues quite limited. which restricts
OlSness and holders seem more disposed than
ever to withhold stock from sale, while the
shonnt being milled out is small in
Boportion TO the receipts of rough.
me ightness of volume in the offerings has
SHened up values somewhat The sales for
me week were about / 500 barrels.
me following are the official quotations;
small Job lots are held at 1s114c higher:
Fair. ...... s7h0a4
p.; '''''- -.'''''..-.. -.----.-- .428tp413
Fancy .... '5l3g5L2
- ..............--.....6 90
Rough-Nomnal-
Tide water 90Sgt 10
- &955 3 g s5g5 9