The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-01-25
COMMERCIAL.
wEEELY REPORT.
OFFICE MORNING NEWS.
SAVANNAH. Jan p fSQ0
SAVANNAH MERKET.


GENERAL REIARKs.-There was no very de
cided life exhibited during the past week in the
general market. and the tone Of the market a,
a whole was quiet. The trading in the several
departm nts of business has the slow look which
is always usual at this time of the year. There
was no material change in the characte,
Of the demand, and the shipping
movement was hal mostly on travellers
orders The uncertai n character of the weather
however, continues to exert largely its infu.
ense on the demand. especially with interior
merchants, and their purchases are clothed
with some decree of cautiousness, but with
good. settled cold weather for a little time it
would no doubt stimulate the buying OF season
able goods, although 1t is almost too late for
any very extensive business. Values as a rule
continue to maintain their stea iiness. Col
Iec.ions are fair. The money market
is easy. Securities are firm. with a good in
quiry for both stocks and bonds. The exchange
market is steady, and it is likely to remain so
for some time to come. Tae foreign exchau re
market Is also steady, though quiet, and but
few bills are Offering in the market In gro
ceres the demand is steadg but more limited
while in provisions there is even less doing. In
dry goods there was good movement, and the
operation. In hardware, lumber and
building materials there is heavy business in
progress. In all other branches there is very
little difference in the moven except that
the demand is only for small lots. The fol-
lowing review of the weeks trading will show
the tone and ths latest closing quotations of the
different markets to-day:
NAVAL SToREs.-The market for spirits tur-
pentine was dull and weak, aud there was
merely a nominal business doing. Throughout
the week the de rand was very slow a ID indif-
ferent. The market closes dull at SOC. for regr-
lar. The sales + the week were about zoo
casks. r lsin-The market vas rather irreyli-
lar during the week. The better grades
were easier and declined, while the lower
qualities were held firmly and advanced
slightly. There was a fair inquiry for strained
to good strained, and Notwithstanding the con
tinued large receipts there was good business
doing. The total sales Tor the week were about
l,3ol barrels. Els where 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.
CorroN.-The market for the past week was
again strong and advancing, closing to-day
with prices Ss97-l6c, higher all round. The
demand, however, was rather slow, and buyers
showed vers little DISPOSE ion to support the
advance. Hol iei'S, however. were very firm the
stock in sthands being smaller than at any
time this season. The receipts continue to show
mark falling Off DO at the ports and in
terror towns. while. stocks are also dimini ihed,
which gives ltne strength to the position Of
the staple and the feeling il, controlling mar
kets is very firm, a though the present advance
is believed TO be more or less speculative. The
total sales for the week were only 3775 bales
The market clio ed quiet at the following official
spot quotatlo of the cotton exchange:
n!ldollhg ialr.-'.''.''....... .........n
Good niddhng Observation-Disclosures. 1904
Middllng. -. NEUTRALITY-SUSPICIOUS.. I0l@
Low middling :. ............. .fOZ
Good primary ........... ...............,.9 5f
Sea ISldnds.-The total receipts for the week
up to p. m. were ,23S bags, of which factors
received ,.0l6 bags and 222 Igs were forwarded
as through cotton. The total exports were 2SS9
bags, distr bute1 as follows 1855 bags to
Liverpool, 40 ags to Havre, 80 bags to Br =
men and ,2of bags to northern mills The total
slles for the week were 7O7 bags The heavy
sales of the previous week reduced stocks So
that business for the asst week was smaller as a
result while the advanced prices lessened the in
quiry. I g market clos S quiet and firm
with stocks well in hand VIII are smaller than
since e season opened. The open fall has
assisted the rapid gathering and marketing of
the crop. and il is believed that there will soon
be a sudden and heavy falling off in the receipts
in which cas- the advance can be more easily
obtained he above business was on the basis
of Quotati MS:
Good s.apled seedy cotton. .22,6@a3
Good medium. ................... .224 0123
Medium fine. ......................2314 10 3J6
flno. ............ ......... ...23t46n24
Extra Hhe''.''.'.'..'' $500 ''.<4140%45R
Cholce. ........... ......20 %
The receipts of cotton at this D IT from all
sources the past week were H. S7 bales of up-
land and 1 ,233 bales sea island, against II, 459
bales of upland and HOB bales SEA island last
year.
The particulars of the receipts have been as
follows: Per Central railroad. II ,149 bales up
land; per Savannah, Florida and Western
railway. 3.10S bales upland and 1l40
bales sea island; per Charleston and Savannah
railway, 259 bales upland; per Savannah river
steamers, All b lies upland; per Florida steam
ers, 80 bales upland and So bales sea i,land
per carts, is bales upland and 43 bales sea
island.
The exports for the week were IS 956 bales of
upland and 2 $50 bales sea island, moving as fol-
lows: To New York, 50SJ bales upland and 1853
bales sea island; TO Baltimore, 1854 bales up
land; to Boston 1896 bales upland and 141 bales
sea island; to Charleston, 4l4 bales upland; to
Bremen, 1851 Daies upland AID 80 bales sea
island; to Philadelphia, J s bales upland; TO
Liverpool, 5,4S3 bales upland and 1855 bales
sea island.
The stock on hand to-day was 6,505 bales
upland and 1880 bales sea island, against 79,607
bales upland and 5067 bales sea island last year.
RIcE-The market no Us up remarkably well
in prices on tn grad lal working down of ac-
cumuated STOCKS of the several weeks previ-
ously. There was quite goo demand through
the we k, whila the offering stock was only fair,
with factors showing continued frnness in
their holdings. and buyers in their
bids were forced to pay full quota
TONS on all their purchases. This was
particularly the case for the better qualities.
From the way receipts are arriving at the mills
it is believed that the total crop will fall short
of all nr vious estimates The total sales for
the week were fully 1900 barrels.
The following are the official quotations of the
board IF trade. Small job lots are held at 40
NC higher:
falr ...... .-....-...''.s'.s'' 'o74W
Good ................... ...........414 ass
Prime. ....... ......... .........."419@4&
tancy...........- ...... .s..-...-.o 90 I
Head .. OBSERVATION-DISCLOSURES. .03SQ094
Rough Nominal
Country lots ....S 500 70
Tide water ... ...,......... 906l ID
80 2Sz5 3 g g55S 6