The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-06-20
COMMERCIAL.
SAVANNAH Markets.
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH Ga luna 10 fnnf

CAFANnAds VA. June ~, 1881.
arxrzAr, REMARKs-The weather during the
eek lust closed was very favorable for grow
no crops, and especially for cotton, while the
ranorts from the interior were generally good
nh general market was rather quiet to outside
annsarances There was, however, a good
Lnsiness doing with the jobbing trade.
-omarkabIy so for between seasons.
orders from out of town were on a more liberal
.csle than for the week previous Some Job
hers also reported collections improved some.
what. The local financial situation was, how
aver. unchanged, and if anything was worse, as
the banks report money very stringent and
borrowers found considerable difficulty in OBJ
tanning loans sufficient for their Iegiti.
ate requirements, and indeed it is remarkable
how well trade keeps up under such a restric.
tion There were no features developed in the
market of Importance outside Of the general
madness in cotton and the decline in bread
sn,Ts. Provisions were firmer and higher. In
lumber the demand continues to fall
of and not few of the
mills adjacent are gradually shutting
down for a short period. The demand for ton.
mage is quiet in all branches except for naval
stores. while rates with this exception are easy.
the security market is very inactive and NOM
Inal The following resume OF the weeks bus
;ress will show the tone of the latest quotations
If the different markets at the closing hour to-
day:
NAVAL SroREs-Spirits turpentine was again
in good demand during last week. but prices
were rather irregular, though for the most part
were firm. Buyers, however. made an effort to
obtain a fractional reduction in values, but with
moor success, as holders were quite firm and
held steadily at 351Sc for regulars.
The stock Offering was to some
extent moderate, while the outward movement
was heavy. The sales during the week were
about c, 900 casks. Rosin-The market was firm
and the better grades were advanced slightly.
There was a comparatively steady inquiry, with
annie offerings. The total sales for the week
were fully 10 00c barrels. In another column will
he found comparative table of receipts and
exports for the week and for like period last
wear, showing the stock on hand and on ship
board not cleared, together with the official
closing quotations.
CoTToNLThe market during the week was
rather dull and prices were weak and declined
steadily There was very slow inquiry, while
the offerings were abundant, and the general
weakness manifested In controlling
markets helped to make buyers
more cautious and restricted business.
The total sales for the week were
/ D. m, the market was bulletined quiet, at
the following official spot quotations of the
Cotton Exchange:
Good mlodlnB. ...........-...... '......s9S
Low middhng. ......-........-...- "a
Good ordinary ........ .-.-.-.-..... .....6 ll-l6
Ordinary .....,.........-......6 3-l6
Sea Islands-The total receipts for the week
up to p. m, as reported by factors, were 10
bags. There was little or no inquiry during the
week except through one buyer, who manag ed
TO pick up some 43 bags at 14c. Holders are
quite firm in their views, and are asking quota
tons on all offerings:
Choice ''''.''''...'....'.'.....
Fine .............. ,...,.. -~,,...... ie1b 1854
medium nne. ..'..''...'''.........lo GQloM
Common Georgias and Fioriaas. :. liz i2lS
The receipts OF cotton at this port from all
sources the past week were 1890 bales of up
land and 10 bales of sea island, against 1874
bales OF upland and bales sea island last year
The particulars of the receipts have been
upland; per Savannah. Florida and Western
railway. 1923 bales upland and 10 bales sea
island; per Savannah river steamers, Dales
upland.
The exports for the week were 1895 bales of
upland. moving as follows: To New York !, 400
bales upland. and to Baltimore, 1873 bales up
land; to Boston, 7S9 bales upland; to Philadel--
phia, 1874 bales upland The stock on hand
to-day was 1877! bales upland and 2,24e bales
sea island, against 1872 bales upland and 81
bales sea island last year.
RICE-The market was quite steady during
the week. There was some inquiry, but the
offerings we're very moderate and owners views
Of value pretty well up. which of course
limited transactions. The total sales
probably approximate 400 barrels The
following are the official quotations of the
Board of Trade. Small job lots are held at
B114c higher:
raH ......s...-.- -..''..t-.....o
Sood .......-................. "a
rrlme .........-............ ...o7SQ1o15
mead .,.......... ..59SWo
Rough nominal
Country lots ...................s1 OS@1 1875
Tidewater. ....... .............. 35A1 20