The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-08-29
COMMERCIAL.
SAVANNAH Markets.
WEEKLY REPORT.
OFFICE MORNING NEWS,
SAvLNHAH. Ga Aug. d. 1901 {

SAVANNAH. GA. Aug. %, 1897.
GENERAL REAARKs-The natural consequence
., ,be continuous heavy rains during last week
- been 10 check the improving tendency OF
10 ,,.,eral market, which was felt to some ex-
~. the two previous weeks. Business has, of
80 had rather a setback. Int
49, BUYERS have become quite
..,id and the orders arriving are
-i.nlv for filling immediate wants and replen-
,s,ing stocks. Jobbers apparently are some
r.sot discouraged from present appearances,
"a +tere is some anxiety manifested as to the
-a.nlts or effects On the crops by the steady
,.-nronr the influences of which will be felt
Ss-tber on in the fall. There is no doubt
.Sa+ business will be very much
'~,reirad by reason of the impossible condition
81 tbe roads in the country, caused from the
IDS during the next week or two. There
...-a really no new features TO be discovered in
,he General trade, except that the cotton re-
.snts are working up into quite full volumes.
orbough considerably less than last year. The
u,ovement of merchandise was slow, and
business among the wholesale jobbers is
o,ita unsatisfactory and does not begin to APP
,r,ach last year in any particular. Collections
ars moor. The security market is entirely
romiual. Money is not to say very stringent,
IS the hanks are supplying legitimate wants,
hut n great deal more could be employed even
a. tbe high rates, The freight market is dull
and rates are easier for vessels TO
arrive. The course of values has
been comparatively steady for all
.ba leading staples except in provisions. which
were slightly higher, while grain declined The
foliowing resume of the weeks business will
show the tone and the latest quotations OF the
rlrafs ar closing hour TODAY
NAVAL SroREs-There was fairly good in
ouirv for spirits turpentine during the week,
although the market was somewhat Irregular.
Holders however, show no eagerness to sell ex-
cept at full current quotations, still it IS appa-
rent that the present stock is sufficient, and
will not stand increasing much Prices have held
nrettv steadily at 3415c for regulars, although
At times there was an effort made to obtain
supplies at a decline. The total sales during
tne week were about 4 800 casks. Rosin-The
market was firm throughout the week and val
ues were well maintained. There was good,
steady inquiry and factors have fairly met the
deWand The total sales for the week were
flly 5000 barrels. In another column will be
fouud comparative table of receipts and ex
ports for the week and for like period last
year showing the stock on hand and on ship
board not cleared, together with the Official
closing quotations
CorToY-The demand for new cotton has
been on a liberal scale. Holders were fairly firm
dlring the week with tendency to advance the
better qualities. The receipts are small as com
rared with the preceding year showing that
the movement of the crop is behind Factors,
however, have met the inquiry freely there
being q desire to sell readily at quotations
rather than allow supplies TO increase, resulting
in the market being kept pretty well cleaned up
daily The total sales for the week we're 3,025
bales There are some apprehenSions in regard
10 the cotton now in the fields, owing to the
steady rains, which will no d uot damage the
grade considerably, The following are the Off
a1,l,g Gfnf nnn nf Tha
change:
1000 mldoILnR OBSERVATION-DISCLOSURES. s.....oB
hddlng .................. ............"795
Low mld1hnS OBSERVATION-DISCLOSURES
3ood ordinary. ....... ............. .....6 5-16
ordinary ................. .........-.....5 1876
Sea Isdnds-The receipts for the week up
10 p m were Is bags. There was no Inquiry
during the week, not single buyer having re-
turned from his summer vacation. 1t is i'm
possible to give quotations, and as there are no
transactions in new cotton the market remains
in its nominal condition.
Tue receipts OF cotton at this port from all
sources the past week we're 5.S08 bales of uD-
land and 13 bales of see island against 70 O99
bales of upland and bales sea island last year.
The particulars of the receipts have been
as follows: Per Central railroad, 1882 bales
upland; per Savannah, Florida and Western
railway. 3,474 bales upland and 10 bales sea
Island; per Savannah river steamers. SIS Dales
upland; per Florida steamers, IA bales upland;
per Charleston and Savannah railway, bales
upland.
The exports for the week were $500 bales of
upland moving as follows: To New York 1908
bales upland; to Boston 81 bales upland; to
Baltimore ! ,292 bales upland; to Charleston 6
bales upland
The stock on hand today was 1909 bales up
land and 1871 bales sea island, against 9.419
bales upland and q bales sea island last year.
RIcE-The market during last week was rather
quiet and without transactions. although there
are fair offerings. Samples of Louisiana new
crop were also shown on the market. but as yet
no sales are reported. The continued rains are
preventing harvesting, and there are some appre-
tensions entertained for the early rice, which
was ready for cutting several days ago, but
the weather prevented it. il is now feared
that this rice will become overripe, ana that
sprouting will be the result of the heavy
aud lengthy rains The following are the Off
cial quotations of the Board of Trade; Job lot )
are B94c higher.
- ''''''''''' '''...'''.'..'.' ...... 994
~ OBSERVATION-DISCLOSURES. 014
mt ''-'.-. ..-................... None
Rough, nominal
Country lots ................stO 5a1 1915
AIueWater. ......- ..........-.. ! 3501 40
- 9zSz 9 2 SgzzI II Q