The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-15
COMMERCIAL.
SAVANNAH MARKET
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH, March IA. 1890.

OFFICE MORNING NEWS.
SAVANNAH. March IA. 1890.
GENERAL. REMARKs.-Business in the general
r1arket during the past week has reached very
rsspectable aggregate, and values IS q rule have
had firm support. Appearances. however, to
an outsider were apparently quiet. Jobbers
and distributors reported liberal sales.
and the shipping movement in vol
uu1e showed some increase. The recent
short spell of cold weather rather stimulated
interior buyers and there was a marked inn
movement in the character of orders now
coming to hand. Collections are in much bet
~ shape, and country merchants as well as
the local dealers seem to be meeting their
obligations very promptly. The money market,
while not stringent. is by no means
easy and the demand is very
active Both domestic and foreign
Exchange is somewhat steadier. The security
market was comparatively quiet. with but little
doing either in bonds or stocks. The movement
n groceries continues to show decided improve
ment, and a fairly heavy business was had.
The demand for provisions has also taken a
turn for the better. The trading in hardware
still keeps up fairly well, and sales are
quite satisfactory, and the same
may be said of the business in
building materials and lumber orders for the
are also moving out very freely. The dry
goods movement was only fair, and orders are
Stacking up; the bulk of the spring trade, how
ever is about accomplished In other branches
there about the uusal trading at this time
The following resume of the weeks business
will show the tone and the latest closing quota
tons of the different markets at the closing
hour to-day:
NAVAL SToREs.-The market for spirits tur-
pentine was quiet during last week, and prices
ruled steady until to-day, when they closed firm
aud advanced 1hc. There was only moderate
inquiry, with small business doing. The stock
in first hands is comparatively light and factors
are firm holders. The total sales for the week
were about 9JO casks, RoSin-The market was
fairly firm throughout last week, and prices of
and below were advanced 215GD5c. There was
good steady inquiry, while the offerings.
for requirements. The total sales for the week
were about 1900 barrels. In another column
will be found 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 for the past week was
quiet. 1t was, however, very firm, and holders
were asking fully 1-16D1Sc higher than current
quotations There was steady inquiry and
slightly better business doing than for the pre-
vious week, although the stock in first hands is
very much reduced, while local receipts
are steadily falling Short and there is no room
for any extensive trading Controlling markets
have been somewhat stronger of late while the
frmness of factors here has strengthened
values, and prices have been forced up 1-16@
3-16 all around, the heaviest advance being in
the midding grades, which are most sought
after, and there is some scarcity. The total
sales for the week were 1885 bales. The spot
market closed to-day steady at the following
official quotations OF the cotton exchange:
Middllng fair. ......, Nominal
tIOOO IL
Mlddhng; ;...... .....-...-.,........!0 1910
Low mlddhng. ......... .........lg 9-l6
Sea Lsldnds-The total receipts for the week
up to 4 p. m. as reported by factors were
100 bags and the sales only sbags.
The exports were 308 bags, distrib-
uted as follows To Liverpool 202 bags, to
northern mills 106 bags. The market has been
very dull and nominal throughout the week.
There little no inquiry. and buyers are
apparently without orders, although it is
rumored that the entire stock in Jacksonville
was taken this week by buyer from this mar
ket. In the absence of business our quotations
may be regarded as nominal
Good stapled seedy cotton. ......22 @2216
Good medium. 22120
Medium me. .......-.............23 0234
Fine. ;................... -. 2319@23M
Extra hne. ....-....... ............24 @0244
Cnolce. ..--.-........ -.....2o 0DS013
The receipts of cotton at this port from all
sources the past week were 1865 bales of up
land and 100 bales sea island, against 5, 719
bales of upland and 17S bales sea island last
year.
The particulars Of the receipts have been as
follows: Per Central railroad, 2,482 bales up
land; per Savannah, Florida and Western
railway 1865 bales upland and 11S
bales sea island per Charleston and Savannah
railway, SO bales upland; per Savannah river
steamers, 367 bales upland; per Florida steam
ers, bale upland; per Darien and Altamaha
steamers, bales upland.
The exports for the week were 1854 bales of
upland and 30S bales sea island, moving as fol-
lows To New York, S43 bales upland and 1873
bales sea island to Baltimore, 1,704 bales up
land; to Boston 351 bales upland and 1875 bales
island; to Charleston, 81 bales upland; to
Philadelphia, 80 bales upland. The stock on
hand to-day was %, 733 bales upland and 2.349
bales sea island. against 53,272 bales upland
and 1 OBS bales sea island last year
RIcE.-The market has continued quite dull
during the past week and prices have been
easier except for the commoner sorts, which
have been in most request and are scarce The
better qualities offered freely and quota
tons are shaded slightly when any positive bust
ness offers. There is quite a good demand
for seed rice, and exceptional lots bring fairly
good prices. The total sales of clean for the
week were about 600 barrels. Considerable in
terest is manifested in this market as to the ex-
tent of the damages, if any, in Louisiana by
the floods prevailing there.
The following are the official quotations of the
board of trade Small job lots are held at 80
14c higher:
Fair .................... .3N
0oOu ..''.'.-'.'.'. .41SQp44
9rlme....-...- ...,..... ....412Q44
rancy .....s.s..........o 45A
Rough-Nomlnal-
Country lots. .............".....S 500 70
LUG WAFER - ...'.-...'... SuGDl w