The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-01
WEEKLY REPORT.
OFFICE MORNING NEWS, l
SAVANNAH, Feb %. 1890.

OEElIE MOkNlNtT NEWS,
SAVANNAH, Feb %. 1890.
,-,,-.,, RrxARks.-The week opened with
- holiday. which rather restricted opera
IS in the general market during the early
s.,-s ~ the week. Aside from this, however,
~ trading among jobbers slackened up some
IS IL always does toward the closing
- the month. There were few
s..+ures in the market worth speaking
- and in its general appearance was charac-
.,rzad nv ouietuess all around, while there was
tendency toward lower values In the leading
--orlss The exchange market for domestic
Us steady, while foreign is weak and declining.
securities we're dull, with all stocks offering
freely. The money market continues quite
EASY at the current rates. Collections are rather
slow and unsatisfactory. The open winter and
,be extreme mildness Of the weather continue
N excite apprehensions in the country Of late
snring and bad weather for crops already in the
Ground. The demand for groceries keeps up
very steadily, and there is a good shipping
movement going on. Provisions, however. move
ont slowly. In dry goods thsre is a fair
demand but in volume is much
less than for the previous week, while
interior buyers are more cautious in making
bills. owing to the unreasonable, as well as the
uncertainty of the weather. In hardware there
was a good steady inquiry, both by spot buy
ers and on travellers orders. and the trading
comparatively larger than last year. The de-
nand for building materials is good. while for
nnber it is fairly active, and the mills are run
ming to their full capacity, with orders for
some time to come. In all other branches bust
ness was more or less steady. The following
resume of the weeks business will show the
tone and the latest closing quotations of the
diffaraDT markets TODAY:
NAVAL SToREs.-The market for spirits tur-
uentine was dull and weak. There was only
nominal demand while the receipts were com
paratively heavy and freely offered at the cur
rent quotations. Prices have declined fully &c
for regulars. but at the close to-day there was
nothing doing and no quotations were buetined.
Rosin-rhe market was quieter during the week
and prices became steadier at a
slight decline In some grades.
There was fair demand and fairly
steady business was in progress until to-day,
when it closed with nothing doing. The sales
during the week were about $500 barrels. The
outlook for a very early season is promising,
and owing to the open winter, operations have
been assisted materially and it is believed that
the new crop will be rushed to market
earlier and in greater volumes than
has been known for several years. Elsewhere
will be found a weekly comparative table 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 comparatively dull
throughout the week. Increased receipts at
the ports has rather tended to weaken the con-
trolling markets, but not enough to be felt per-
ceptibly in the spot market, the quotations of
which have been steadily maintained. The
offering stock is very small and is well in
hand. The market closed to-day quiet The total
sales for the week were 2O75 bales The follow
ing are the official closing spot quotations of
Of the cotton exchange:
Middllng fair. -....... Nominal
Good middiing. ............. .1016
Mlddllng. NEUTRALITY-SUSPICIOUS.. ..lO95
Low mldqlnR .......-....,... -.-.lO2e
Good ordinary. OBSERVATION-DISCLOSURES. va
Sea Islands-The total receipts for the week
up to D. m. were 1894 bags, of which factors
received 272 bags, and % bags were forwarded
through. The exports we're /, 1913 bags distrib-
uted as follows: To Liverpool 1855 bags, to
Havre 45 bags, to northern mills % bags. The
sales during the week were only % bags, all
for northern account. There was dull feeling
prevailing in the market, and but very slow
inquiry. Prices, however, continued steady
and unchanged. The stock in first hands is
slightly over 1000 bags, but is firmly held on
the basis of quotations.
Good stapled seedy cotton. 6123
Good medium. ....................22 le@922A
MeQlum nne. .25140D
Flne. .:.......... ........... .2394D
Extra nne. --...-' -24140o
Choice. .........., .......@ Q125R
The receipts of cotton at this port from all
land and 294 bales sea island, against 7,7S1
bales of upland and 40 bales sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad. S,427 bales up
land; per Savannah, Florida and Western
railway, 3213 bales upland and 26S
bales sea island; per Charleston and Savannah
railway, % bales upland; per Savannah river
steamers 80 bales upland per Florida steam
ers, II bales upland and 26 bales sea island.
The exports for the week were 10 ia bales of
upland and / 123 bales sea island, moving as fol
lows: To New York, 2705 bales upland and 81
bales sea island; to Baltimore, !, 100 bales up
land; to Boston 2,110 bales upland; to Charles
ton, $50 bales upland; to Philadelphia, 43 bales
upland; to Liverpool, 2,776 bales upland and
1856 bales sea island; to Norrkoping 1850 bales
upland.
The stock on hand to-day was SS,57s bales
upland and 1859 bales sea island. against n .401
bales upland and 500 bales sea island last year.
RICE.-The market was quieter during the
past week, and prices were steady at a slight
decline in the medium and commoner sorts.
The demand was rather slow, and with the ex-
ception of one days trading the total of trans
actions was small. There was more stock offering
than usual. No doubt holders are influenced by
continued mild weather which has fastened the
appearance of the early vegetables, which enter
into direct competition with the grain during
the spring season. There is still good demand
for seed rice. The total sales of clean were
about 200 barrels.
The following are the official quotations of the
board of trade. Small job lots are held at 40
Ac higher:
Falr ...... .................... .3M
6ood .................~...... .4B@4A
IrlHle......... '..'''... --'..... .'.4I5O44
Fancy. .--....e.'..........5 0D5A
Rough-Nomlnal-
Country lots. ....................S 50@70