The morning news., 1889-05-18
COMMERCIAL.
WEEKLY REPORT.
OFFICE MORNING NEWS.
GNr.n-N-.rt MaN II 1850
6AVANNAK MARKETS.

80
SAyAESAH, May II, 1889.
GENERAL PEMARKs.-B was light in
rrettv nearly all directions during the past
week, The general trade has not fully recov-
ared from the previous week's holiday, as most
travellers have barely got back to their old
-ontes. and the effect of their presence on the
road has not made itself felt as yet. There
1as only a moderate demand from the interior
ON orders and with very few spot buyers
Thsrs vera no new features except that the
market has taken on more steady appearance
and the business is now more regular. Jobbers
eaeu1ingly are well satisfied with the volume of
trade now moving and claim that it is fully up
80 tbe average for this time of the year
Values as a rule were easier, except
Cor provisions, which were advanced
slightly. Business in the grocery line continues
Of fair report and there is a steady distribution
now going for all the staple goods, while with
the local dealers consumers are taking more
freely. In dry goods there is little fresh busi-
ness and the demand is principally for the re-
nlenishmentof assortments In all other branches
there is a moderate business in progress,
and buyers are taking more cautiously
and in trihing quantities. Collections are said
IN be very good. There is quite good demand
for money, while the supply is not as ample as
for several weeks back. The security market is
sluggish, owing to the demand for money, aud
there is consequently very little inquiry for in
vestment The following resume of the
weeks business will show the tone and the latest
ouotations of the different markets at the
closing hour to-day:
NAVAL, STORES. The market for spirits tur-
pentine was firmer during the past week and
prices were advanced. There was very steady
demand while the offerings were not in excess
of it. and holders held steadily for the current
price, SO cents for regulars, at which
fgure the market closes firm, there
5000 casks changed hands during the week
Rosin-The market was quite firm for pretty
much the whole list, and prices of strained to
good strained as well as the medium grades
were advanced 5GG10c. There was good
steady inquiry, and the total sales for the
week were fully 11.000 barrels Elsewhere
will be found the regular weekly statement 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 spot quotations
R1CE.-There was nothing new in the market
during the past week, while buyers continue
somewhat indifferent. Although holders show
no disposition to urge offerings, still to effect
any neavy business just a this time some slight
concessions it is believed, would have to be made
as orders for the domestic sorts arrive very
slowly, and the demand in a local way is rather
slack owing to the heavy supply of early vege-
tables on the market The total sales were
about ZOO barrels
The following are the official quotations of
the Board of Trade Small job lots are held u
@Ac higher
Fair; ;...... OBSERVATION-DISCLOSURES. .S%4@4
Good ACKNOWLEDGEMENTS. .438Q41A
Prime ......... .,..,,..-.- .-......--...5 COS
Rough
Country lots ............,.........S $50 So
Tide water. .... ............... OOQDl 70
CoTroN-The market during the past week
has continued quiet and somewhat easier for the
lower quotations Stock in first hands
continues very light and it IS believed
that the quantity to come forward dur
ing the summer months is comparatively
small. Buyers, however, see nothing
in the situation to stimulate them to buy beyond
their actual wants, The feeling here in regard
to the growing crop is rather untavOrable
owing to the continued GOODNESS of the weather.
The total sales for the week were only 55l bales.
Tue following are the official spot quotations of
the Cotton Exchange:
Good middlng. .........,..............,n
Mlcdlng. ..,...-.-....-..... lOt3
Low mlqdnhR - '.-''....'''... $500 ~
Good ordinary ...,....- ................ rs
Ordinary. ...-..-..-........-....- -..... o12
SEQ Islonds.-The receipts for the week up to
4 P. m., as reported by factors were only
bags and the sales for the same time IA bags
The market continues very dull and to a great
extent nominal. TIE above business was based
on the following quotations.
Stains and storms. ms.-.................4 @l6
Common ....-----.---......-...-ll q.
Medium ....................... .TR@ls
Good medlum ......-.-,...-..-.-.-.lV gu
Medium Med fine ''.:'.''.'.'...''.9sB q Ss5E gss3
tStTa hne.....'...--. ...'''.'.'..' q %
Choice Observation-Disclosures. 21Q1.
The receipts of cotton at this port from all
sources the past week were 378 bales of up
land and bales sea island, against 276O bales
OF upland and bales OF sea island last year.
The particulars of the receipts have been as
follows; Per Central railroad, 1l5 bales up
land; per Savannah, Florida and Western rail
way, 237 bales upland and bales sea island; !;
per Florida steamers, 16 bales upland AMI
bale Sea Island; per Savannah river steamers
bales upland; per Charleston and Savannah
Sstilla river steamers bale upland; per
Darien and Altamaha steamers bale upland.
The exports for the week were 1,943 bales Of
upland. moving as follows: To New York, ,3S7
bales upland; to Philadelphia, 46 bales upland;
to Baltimore, 31S bales upland; to Boston, 1872
bales upland,
The stock on hand to-day was 5403 bales up
land and i,02S bales sea island, against 1878
bales upland and 712 bales sea island last year.