The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-02-15
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT.


SAVANNAH, Feb. IL 1890.
GENERAL REHARKs.-The past weeks business
-,.,rs 4 considerable increase over the previous
= and the general market presented fairly
--ir,ared appearance. Orders in the jObbing
Is have increased substantially, and the
SEEMING movement was in full volume for this
5,+iod of the year, although the weather
not of the kind to stimulate
.-,5inc. The most important feature was
10 strength manifested in values of pretty
-rc, all the leading staples, and the advances in
-. n-ices of cotton and naval stores was of the
,,bstantial kind, and has no doubt had more or
LA influence among interior merchants, caus-
;rg toese to order goods much more freely, so
.to+ the outward movement of merchandise
&c heavy The money market continues quite
..sv and unchanged. Domestic exchange is
s+sadv while foreign, for the most part, was
unsettled. The security market closes dull, but
,-i,as have advanced in a few of the leading
stool-s and bonds. The grocery trade was fairly
octirs. and a considerable quantity of goods
,r,s shipped to the interior. The provision
trade. however, shows a slow demand.
J., dry goods there was good
rrade doing, and orders from travellers
we're liberal For hardware there continues a
heavy demand and sales are quite free, The
demand for lumber continues active, and the
mills are full of work for the next two months.
Building materials are also in good request.
Collections are fair all around. The appended
review of the weeks business will show the
tone Of the latest closing quotations of the diff
ferent markets at the closing hour to-day.
NAVAL. SroREs.-The market for spirits tlIr-
nantiue was frmer during the last week in
anenced by the lighter receipts and a much bet
Ter inquiry than for some time back. The
stock was moderate and prices were firmly
maintained by holders, closing to-day with the
fyures two cents higher than week ago.
The total sales for the week were
fully 4 1900 casks. Rosin-The market
was strong and fairly active throughout the
week. The receipts have fallen Off very sud
denly while there are numerous orders to be
filed with quite number of vessels awaiting
cirgoes The lower grades were the scarceSt
and more strongly held while prices were adj
vanced 22l6c. ali around; the better sorts were
also advanced l0NH16c. The total sales for
tle week were about 1900 barrels. Elsewhere
will be found a weekly comparative table of the
receipts and exports from the beginning Of the
season 90 date, and for the same time last
year showing the stocks on hand and shpboard
not cleared together with the official closing
quotations.
CoTToN-The market during the past week
has continued firm and prices were advanced 4
n 316 all around. There was rather light
inquiry, and comparative dull feeling pre-
yailing among both buyers and sellers The
stock in first hands is quite small
and pretty firmly held. The market
closed to-day dull at quotations. The total
sales for The week were 3,415 bales. The follow
ing are the official closing spot quotations of
Of the cotton exchange:
Middhng talr. ......, Nominal
Good middhng. ............. .-.......l 10 1916
Mid Hing. .......................10 9 10
Low mlddlng .......... .....-.lD4
Good ordinary. OBSERVATION-DISCLOSURES. 9A
Sea isldnds.-The receipts reported by fac
tors for the week up to p. IN. were 130 bags.
The sales for the same time were 49, bags and
the total exports were 2.17l bags of which 2 16G
were to Liverpool and bags to Havre. The
market has continued quiet and steady
throughout the week. There wa a little better
inquiry, but most buyers were limited to figures
oe0W quotations, and business was somewhat
restricted Prices however. We're well main
tanned. The receipts continue large, indicating
an increase over all previous estimates of the
crop. The above business was on the basis of
quotations:
Good stapled seedy cotton. .22I6O23
Good medium. .2212QG
Medium tine. ............... .....23l4G1
me. .-..........-.. .'......... .,..<o24QG
Extra hne...-......... ......- ...2414W
ChoIce. .'.-....'.' ..''.-'- -..'.-'%o @%o12
The receipts of cotton ar this port from all
sources the past week were Il, go bales of up
land and 100 bales sen island against is, 497
bales of upland and $40 bales sea island last
year
The particulars Of the receipts have been as
follows; Per Central railroad SAT- bales up
land; per Savannah, Florida and Western
railway, 5000 bales upland and SOL
bales sea island per Charleston and Savannah
railway, 25S bales upland; per Savannah river
steamers, 3S2 bales upland; per Florida steam
ers 43 bales upland and 80 bales sea island
The exports for the week were 70, 012 bales of
upland and Z, III bales sea island, moving fol
lows: To New York, 1912 bales upland and
bales sea island: to Baltimore, 1885 bales up
land; to Boston 1.52e bales upland; to Charles
ton, 400 bales upland; to Liverpool, 4,744 bales
upland and 2,76j bales sea island; to Bremen,
62g3 bales upland; to Barcelona, 5,775 bales
upland.
The stock on hand to-day was 1924 bales
upland and 2,255 bales sea island, against 81 1896
bales upland and Z, 01S bales sea island last year.
RICE-rhe market was fairly firm during
last week. There was a good demand, with
only moderate offerings at times Holders are
more disposed to hold stocks for future deve-
opments, notwithstanding the fact that owing
to the mild winter, the early vegetables
are beginning to come in freely. which of
course interferes with the regular consumption
of rice to great extent during the next few
months. The receipts however, are not very
heavy, and all things point to shorter crop
than was at first counted on. Prices were well
held NJ au1 the better sorts showed particular
strength, The sales during the week were
about ,, 900 barrels.
The following are the official quotations of the
board Of trade. Small job lots are held at 40
&c higher:
Fair ..... Observation-Disclosures. .34
Ifood ............'.'.'..e'... "a
Prime. ......... -........ 1900
Fancy. Observation-Disclosures. ..........5 0I5M
lead. ......................- .-.512Do
Rough-NomInal-
Country lots. go 20
llue water ....---.'.''' SoD4 ~