The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-07
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.


SAVANNAH. June 6. 1890.
GENERAL RExARKs-There were few features
in the general market to speak OF, and the total
volume of business was practically less than that
of the week previous There have been some good
rains in the country. which has aided the tim
Der cutters to get their product to market. and
this had decided tendency TO creating a fair
degree of activity. In the wholesale grocery
trade. orders came in quite freely and a good
shining movement was had. In dry goods
there was not much doing, and most jobbers
were engaged in receiving their fall supply,
although travellers continue to take up orders
in the interior for particular lines of fall
and winter goods. In hardware there
was little business done. The demand
for lumber and building materials
from outside sources is slack. There is. how
ever. a fair trade doing in local way. In all
otter branches there is about the usual summer
business prevailing. Collections are slightly
better than they were, although still quite slow.
There were some few changes in values
Sugars are advancing, owing to the I'M
certainty existing as to the action
of the Senate on the pending tariff bill, and
doubts of its passage this session. Wool has
advanced also. Provisions are slightly easier.
The money market continues fairly easy. The
security market does not show much life. Al
though prices are quite firm the only feature
was the dividend declared by the Central Rail-
road and Banking Company. The following
resume Of the weeks business will show the
tone and the latest closing quotations of the
different markets to-day:
NAVAL SroREs-The market for both spirits
turpentne and rosn closed firmer and higher,
chiefly on the strength of smaller receipts and
So ~ lab In he int,
In spirits turpentine the demand was slow and
prices fell off slightly until today, when they
stiffened up somewhat and closed
with very positive advance. The
1000 casks. Rosins-The market was quiet dur
ing the week, and strained TO good strained
eased off in value, but to-day fully recovered
and closed with decided advance all around.
There was a fairly stea6y inquiry and fully Il,
900 barrels changed hands during the week. 10
another column will be found weekly compare
tive table of receipts and exports from A ril /
to date, and for a like period last year. showing
the stock on hand and on shipboard not cleared,
together with the official closing quotations.
CoTToN. was very little spot cotton Of
ferng in this market during the past week,
while the demand was equally light. An easier
feeling was seen in the market and prices went
off 140D3Sc all around since last report. Foreign
advceS Indicated some reaction, notwithstand-
ing the decreased supply in sight and
the very small receipts at the ports
and interior towns. Crop reports are thus far
excellent. The total sales for the week were
only 80 bales. The maket closed to-day quiet
at the following official spot quotations of the
cotton exchange:
Middllng FAR. +.....................1
Good middling .........................12 1s
Mlddllng. OBSERVATION-DISCLOSURES. ...1lB
Low mldonng ..~-.. 5000. '..'.'....-Hz2
CT0OQ ordinary. lurS
Sea Lsldnds-The market during the past
week was very dull and entirely nominal. The
receipts were only bags, while not a single
shipment or sale was made. In the absence of
business our quotations are merely nominal and
are renewed from the previous week:
Good stapled seedy cotton. .211e@22A
Good medium. .2l13
Medium fine. ......................2
Fine .....-.......... -.......... .-.-Zo
Extra fine to choice ................2
The receipts of cotton at this port from all
sources the past week were 671 bales of up
land and bales sea island, against 341
bales of upland and bales sea island last
year.
follows Per Central railroad, s01 bales up
land; per Savannah, Florida and Western rail
way, $40 bales upland and Q bales sea
island.
The exports for the week were e577 bales of
upland, moving as follows To New York. q 55
bales upland; to Boston, l bale upland; to
Baltimore, 100 bales upland; to Phila-
delphia bale upl Ian 1T, The stock sS on or
1863 bales sea island, against 1888 bales upland
and $40 bales sea island last year.
RIcE-The daily offerings are very small and
there is not enough stock milled out to satisfy
the demand. Holders are very firm in their
views and are more disposed than ever to hold
the small amount of stock in the mills for
future business. Prices are strong but not
auotably higher, owing to the tendency
Of dealers to take hold of the
foreign article rather than go on at extreme
prices for the domestic kinds. The inquiry is
mostly ina local waysand very few outside orders
come to hand tor the time being. The total
sales were about SIC barrels at about the fol
lowing quotations. Small job lots are held al
61Mc higher:
Fair; $500 ....................
Cood OBSERVATION-DISCLOSURES. .-....s..o
Prime. ........-...... ....-."o15
Rough
Country lots. .....................S $50 rs