The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-12-20


SAVANNAH. Dec. 10, 1890 (
GENERAL. REnARKs.-In the general market
during the past week, quietness prevailed TO
great extent. Among jobbers there was a
fairiv good business accomplished. both from
travellers orders as well as spot buyers, there
being a number OF visitors from the
interior looking over the market. OF
course. the principal trading was mostly
in holiday goods. although there
vas considerable OF the heavy goods selling
also There was no marked change in any
direction from a week ago, except that a better
feeling is discernible In financial matters; and,
although money in the local market cannot be
said 10 be easy, there is more
satisfactory and confident temper mani
tested in all circles, and the outlook is one
of promise. There is considerable complaint
OF slow and small collections but iobbers report
that interior merchants are displaying a COM
meudable spirit in their efforts to make settle
ments by small remittances, and under the re-
esnt stringency there we're but very few failures
TO report among country merchants. It is be-
Heved that money will be very plentiful from
now on, by reason Of the payments OF railroad
dividends this month and interest due
in January. There were very
few features outside of the mon
following resume of the weeks business will
show the tone and the latest closing quotations
of the different markets at the closing hour
to day:
NAVAL SToREs.-The market for spirits tur-
pentine was firm and advancing during the past
week under smaller receipts and more active
inquiry caused by q better feeling IN exchange.
At the close of the week most holders were in
clined TO withhold stocks from sale, and the
market closed at 3534c paid and bid for regulars
held hiOhAr The total
sales for the week were some $500 casks,
Rosin The market was quiet ana steady dur
ing the we K. The demand was rather slow and
is confined to low grades. While others are en-
tirely neglected. pales having declined. The
total sales for the week were about 5000
barrels In another column will be found
a weekly comparative table of receipts and ex-
ports from April to date, and for like period
last year, showing the stock on hand and
on shipboard not cleared, together with the
official closing quotations.
CoIroN the improved condition of
monetary affairs better feeling was prevalent
In the spot market, and fairly steady demand
existed during the week. On the surface there
was a quiet appearance to the market, but the
uudertone was frmer, and holders succeeded In
maintaining current quotations. This was, of
course, attributed more, however, to the
smallness of the stock in first hands
than to any outside strength, as the
large receipts at the ports and anticipations of
still keavier receipts continuing over the holt
days serve to depress prices In controlling mar
EeLS. Inc LOtHl bdies lot kufa Hcek WOT0 O,5lO
bales. The following are the official spot quo
tations Of the Cotton Exchange:
Good middling. .s9s
Middhng :..........'.....'.. .sss
Low midqnnR. -.......'...'.'....' "a
Good ordinary. ....... ......................74
SEQ Istands-The receipts reported by factors
i bags aod f1ss bags :. Of thrC@sS
northern mills. The total sales were ,944 bags.
The market was quiet and easv, with business
for the week slightly mora than factors re-
ceipts. With the present low prices it is thought
that no doubt consumption will be increased,
and even should the crop turn out to
be as large as the highest esti-
mates all will be required. Should the low
figures continue through the balance of the
season it is believed that it will cause farmers
to plant less the coming spring values are
now three cents below the cost OF production
for Floridas and at or below that of Georgias
The above sales were on the basis of quotations:
Cnolce ..''.' .-'.-' .''.'..--'.-.....- IS12
Extra hne.... .....-.-.-.....---. ..........1o15
flne ....:.......'. '...'''..----.- 10
Medium fine. ................ ................T
Good medium. ............. ....... 5000. .1616
Medium ............... ....................16
Common Georgias and Floridas ....... 1915
The receipts of cotton at this port from all
sources the past week were 36, 469 bales of up-
land and 1850 bales of sea island, against a. sos
bales Of upland and 2, 1889 bales sea island last
year.
as follows Per Central railroad, %, 1886 bales
upland; per Savannah, Florida aud Western
railway 1856 bales upland, and ,641 bales sea
island; per Savannah river steamer, 362 bales
upland; per Charleston and Savannah railway.
3i3 bales upland; per Beaufort steamers 12
bales upland and 1872 bales sea island; per
Florida steamers, 20 bales upland and G2 bales
sea island, per carts, 10 bales upland. and Is
bales sea island.
The exports for the week were 80, 731 bales of
upland and as bales sea island, moving as fol
lows: To New York, $3.50 bales upland and 50
bales sea island; to Baltimore, 1894 bales up
land; to Boston, Z, 443 bales upland and % bales
sea island; to Charleston, /, 10Y bales upland: 10
Bremen, 10, 602 bales upland; to Philadelphia, 1914
bales upland; to Genoa, 4.092 bales upland to
Barcelona, 5000 bales upland; to Gothenberg,
5000 bales upland.
The stock on hand to-day was 114,272 bales
upland and 10, $40 bales sea island against 81 995
bales upland and 1893 bales sea island last
year.
RIcE.-The market has continued dull
throughout the week, but prices were fairly
STEADY. There was quite a slow and Indifferent
inquiry on account of the approaching holidays.
holders, however, are quite firm in their ideas
OF value, in view Of the light receipts and the
better outlook in the financial market.
me total sales for the week were about ESQ
barrels The following are the official quotations
OF the Board of Trade. Small job lots are held
at 7sQ14c. lower:
AIt ..'..- OBSERVATION-DISCLOSURES. - 4161p94
9oOu, '....-.--.........,~... $3.50 ~
Rough
Tide ,rst .o.s '.'.''.........''.'S 600 600 20
49, Szsz 9 e H7SzI n G