The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-07-25
COMMERCIAL.
SAVANNAH MARKHtS.
WEEKLY REPORT.
OFFICE MORNING NEWS,
CvANNA9 "a IuIv d 1901

SAVANNAH. GA, July "a, 1885,.
GENERAL REMARKs-About the same feeling per-
-o5es the general market as obtained for several
raaFs back; that is so far as its dull appear
- was concerned. In the volume of business
- however the conditions we're all good,
"a there was rather more doing in a general
o. than in the previous week. al
'sargb there was nothing really new de-
Toned except that there was more
.oavipess to be observed in the markets for the
,s.d,ng staples, such as cotton and naval stores,
-bua provisions were higher and breadstuffs
,o,er The most Of the trade obtained was
Tough the medium of mail orders, and job
- renorted very few individual purchasers.
A feature in the jobbing trade, however, is
continuance of a very conservative spirit among
t,,vars in the interior. which has pre-
called for some time. There is no
.nnreciable change in the money market,
either in conditions or prospects Collections,
however. are, all in all, good, though not in
very full volume. In the security market there
xvas very little doing, and a nominal feeling pre-
vailed In the freight market very hrm feel
sng existed both for naval stores and coastwise
lumber tonnage. while rates were advanced,
and there is good demand for
vessels, The conditions In the grocery
trade were.very satisfactory with but few excep-
tions. In dry goods there was an improved
demand. and the actual business doing was
Iaryer than for some time back. The hard
ware trade also was fair, and shows signs of
Ticking up rapidly for the fall movement. The
following resume of the weeks business will
show the tone and the latest quotations of the
different markets at the closing hour to-day.
NAVAL SToREs-The spirits turpentine market
was fairly easy throughout the week under con-
tinued heavy receipts, and prices steadily de-
cIined There was a good. steady inquiry, but
the offerings were at times in excess OF require
rnents and for the most part holders were free
sellers at the current quotations. The total sales
for the week were about 8, 800 casks Rosin-The
market was again quiet and easier for pretty
much the whole list, though the heaviest de-
clines we're in the better grades. There was
fairly good demand, and stocks were also offer
ing freely. The total sales during the week
were fully 1900 barrels. In another column will
be found comparative table of receipts and
exports for the week and for a like period last
year showing the stock on hand and on ship
board not cleared, together with the official
closing quotations.
CorToE-There was nothing new developed in
the market through the week. 1t has CON
tnued quiet, and il anything weaker while
prices have sold off 1sc all around. There was
Their slow inquiry, while there was quite a
fair stock Offering for this time of the year and
holders we're anxious to sell, but there was little
encouragement owing to the few buyers in
the market. The total Of sales for the week were
305 bales, The reports from this section of the
cotton belt are quite favorable for rapid ma
turing of the plant, encouraged by the hot
steamy weather prevailing. Another new bale
has appeared in Texas, while the weather is
also excellent m that state for cotton. The fol
lowing the official spot quotations of the
Cotton Exchange:
Good middling. ...................- ,......61s
hlddlng; ..............-- .....-.......-1 9-l6
Low mddlnR. ACKNOWLEDGEMENTS
pOOQ OTQlpaEy =. % 40
ordinary ..+.,......-.-......H 1916
Sea LidndS-The receipts for the week up to
DIP. m reported by factors was bag only and
Y bags of through cotton to New York. There
were no transactions during the week. There
was an entire absence of demand through the
week, and the market was more or less nominal
Holders, however, continue firm at quotations
Gholce; ''''........'............1
r'le 1900. lo158l 654
~ mum me '.......''..........l9 C9l5A
Common Georgias and Floridas. 1i%9l2I
The receipts of cotton at this port from all
sources the past week were 1,675 bales of up
land and 70 bales of sea island, against 1,743
bales of upland last year.
The particulars of the receipts have been
as follows: Per Central railroad, 1,231 bales
upland; per Savannah, Florida and Western
railway. 800 bales upland and / bale sea
island; per Savannah river steamers. 81 Dales
upland; from Beaufort 70 bales sea island
The exports for the week were 3249 bales of
upland and 70 bales sea island, moving as fol-
lows: To New York 9663 bales upland and 70
bales sea island; to Boston 312 bales upland;
10 Baltimore 2S4 bales upland. The stock on
hand to-day was 1886 bales upland and 1912
bales sea island, against 2.672 bales upland and
q bales sea island last year.
RICE-The market continues quiet but is
very firm at the quotations There has been no
business to speak Of from first hands, nor ia
there any improvement expected for several
weeks to come, or until new crop puts in an APP
pearance. The stock of clean has been en-
in small way and among whom the trading
has been altogether confined. The following are
the official quotations reported by the Board OF
Trade, small job lots are held at 1s014c higher.
Good INSTRUMENTATION. St1
frlme'-.. ................... None.
Rough, nominal
country lots .........,..........S1 O561 12l5
I1dewater. ....... .............. l 3511 40