The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-03-21
COMMERCIAL.
SAVANNAH MARKETS.
wEEKLT REPORT.
OFFICE MORNING NEwS.
SAVANNAH, March 90, 1891.

OFFICE MORNlNG NEWS.
SAVANNAH. March 20. 1891.
.,xrzI1. REMARKs-The general market dur
the past week was comparatively quiet and
t,'si,ass was somewhat interfered with by the
,rrlsmency of the weather. The jobbing trade,
Lorever. continues 10 reach liberal proper
IS and dealers express themselves satisfied
Oh the movement for this period of the year,
.,tbough there is not so much confidence
e. in the present outlook, owing to the con-
.irrsd tiyhtness Of the money market and the
..akness of cotton. caused by the continuance
t,be heavy movement from the interior. Do
..ss,ic exchange is still weak, while foreign is
a-o and advancing, caused by the refusal of
~. ,oxernmept to sell gold bars for export,
--Licb has influenced some activity in the de-
IN for commercial bills The security
r,.rket was quiet, except in Central
-.I-oad stock. which was in demand and ad-
-snced several points since last week. This was
hron1ht about by the proposed lease which is
,,ndsr negotiation. 1t is said that traffic ar
-angements have already been made by which
the CentraIs freight tonnage will be consider
.blv increased by its alliance with the Gould
gvstern in the west. Values during last week
rane quite firm for the most part, and grain and
PROVISIONS show decided gain in prices. The
rolnrne of business in the grocery trade con-
times full and steady. In dry goods there
e nothing Of interest going on. Hardware
continues about steady, with the usual trade
demand prevailing The freight market is very
dull and the lumber trade is without change in
arv narticplar. In other departments orders
continue fairly steady. The following resume
of the weeks business will show the tone and
the latest closing quotations of the different
markets to-day:
NAVAL, SToREs-The market for spirits
turpentine was rather irregular and unsettled
during last week. Factors, however, for the
most mart were quite firm in their views,
aIthoug ID at times both buyers and sellers were
apart but on the weeks trading holders sue
ceeded in establishing an advance Of l4c. There
was good demand, with small
offerings. The sales for the week
The market was fairly firm during the week.
although strained TO good strained declined
slightly in the early part Of the week. but again
recovered. The receipts were again light and
the offerings also, although the demand was
good for all grades below pales.
which are neglected. The total sales
for the week were about 5000 barrels.
In another column will be found
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.
CorToN-The market has continued quiet
through the week, and prices were somewhat
weak caused by the heavy receipts at the ports.
There was good steady inquiry, but mostly
for small lots of the better grades,
which we're offering quite freely, re-
suting in decline to-day of 116c in
good midding and middling. There is consider
able stock in factors hands for this time of the
year and this fact influences the operations of
buyers who are disposed to be somewhat indif-
ferent The movement from the plantations is
still so very large that the outlook for an
early reaction is rather discouraging. The
tO;s' ales for the week were 8 725 bales The
following are the official closing spot quota
tons of the Cotton Exchange:
Good middiing ..-...................9 ID
Mdlllng. ................ ........6 $40
Low tnlddllnR. ..............-........7 ll-l6
Good ordinary. .........................7 1-16
ordinary ......................6 9-l6
SEQ ISIdnds-The receipts by factors for the
week up to Up. m. were 500 bags and 9S bags
Of through cotton. The exports were 39S
bags, distributed as follows: To Liverpool ia
bags, to Havre 100 bags to northern mills
l4 bags The total sales were 1910 bags, of
which 1850 bags were sold the previous week and
not officially reported, and 200 bags
shipped north. The market was quiet
and easy. There was good demand
for clean cottons at quotations. but the poorer
Qualities were neglected and easier. The bulk
ofthe trading was by the smaller holders, who
disposed OF the most of their stocks at easier
prices. The stock remaining is almost all con-
fined to the larger holders. The above sales
we're on the basis of quotations:
Glolce. .........."..-..s..,1712
Extra fine. .......................1 6M0H
Flhe "............ ,....-.......-..16 Gl1615
4eIilm me. lib 6Q1516
Mo2o medium ..:... .........,........14 0145
Medium nominal. .............14
Common Georgias and Floridas. LIB a13l6
The receipts of cotton at this port from all
sources the past week were 1855 bales of up
land and 697 bales of sea island, against 4.319
bales Of upland and i06 bales sea island last
year.
The particulars of the receipts have been
as follows: Per Central railroad, 9,809 bales
upland; per Savannah, Florida and Western
falway, 2,5S6 bales upland and 697 bales sea
sand; per Savannah river steamers, 81 Dales
gPland per Charleston and Savannah railway
10 oaies upland; per Florida steamers, bales
upland; from Beaufort, 10 pales upland
Inc exports for the week were 1885 bales OF
upland and sos bales sea island, moving as fol-
lows: 10 New York, 2 1872 bales upland and So
oaleS sea island; to Baltimore, 1895 bales up
ana, ana u? bales ca island; to Boston. 1890
oileS upland and IS bales sea island; TO Charles
ton' $50 bales upland; TO Brunswick, 20 bales
upland to Philadel pha. 256 bales upland; to
Bremen, $3.50 bales upland. The stock ON hand
tto,day was 80, 965 bales upland and 9,223
oa!es sea island, against 81 422 bales upland and
%O'4 bales sea island last year.
RcE-Ihe market during the week remained
urn urn with fair demand, while the stock of
cIeah In first hands was light The
sales during the week were about !, 200 barrels.
Inc following are the official quotations of
me 8oard OF Trade. Small job lots are held
at 16@Ac higher:
G caa d,'.....'...... $50
Gou ''''...'..- ...s......... -. .51415A
F 6dnI :. 5ls95&
Rough, nominal /o
Country lots ACKNOWLEDGEMENTS fOAt IL
IlaeWater. ....... ................ 1 2501 40
y 2zzZg EFzEET T 8.