The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-09-04

and cheap cottons caused them TO absorb a
good deal of stock. The month closed how
ever, with holders willing to make still further
concessions rather than to go over the HOLIDAYS
healthy condition of the monetary situation
Medium fine closed at i6Ik01!7c. The receipts
for the month were 6,427 bags. and the sales
were 5,511 bags.
JANUARY-The receipts this month were s. ass
bags and the sales were 6, 1856 bags. The month
opened up with medium fine at 151S61 l83lc and
the market steady to firm. The demand was
steady and mostly for medium fine, although all
grades were generally taken aud prices ad e
vanced to l6a4017c. The northern mills were
absorbing Egyptian cotton 10 considerable
quantities, which, of course, restricted business
in the better qualities of Fiorida's Still irmer
feeling continued TO prevail for all grades and
offerings were readily taken at 1870 lie until to-
ward the closing Of the month, when IL settled
10 quieter feeling, the demand continuing
steady and holders mana ing to maintain quota
tiOns. The arrivals were unusually heavy, which
had depressing effect on values, although the
demand remained good, and medium fine closed
at 1870.
FEBRUARY-The market opened irregular and
weak at l54Ol6c for medium fine, the heavy
receipts demoralizing holders. and factors were
free sellers at buyers figures Prices touched
15If01Sc. The demand was confined almost
wholly to fine and medium fine, the lower quail
ties being neglected. which continued through
the month. the large stock tending to weaken
values. 1t closed quiet for a good style of
medium fine and above, while the lower grades
were duh and weak, with the stock accImu-
lating. The receipts for the month were 1856
bags and the sales were 6 ,i14 bags.
MARCH-The receipts for this month were
2,G5l bags, and the sales were $3.50 bags. The
month opened with the market dull at l534 Qll6c
for medium fine and most grades nominal.
Trading was slow, but the better qualities were
in demand. The continued heavy receipts aud
the stock still banking up in first hands had
very demoralizing effect on the market, which
became weaker. Inquiry was still slow. and by
mo H1a WAC n11y
nominal at IS q lj16c. Toward the close it was
quiet and easy, and although there was good
demand for the better qualities and clean cot
tons, while the poorer stuff was neglected and
the small holders more disposed to unload at
easier prices, until at length the stock remain
ing was confined to the larger holders. The
month, however, closed irregular and easy with
business al concessions and medium fine selling
at l4169l5c.
APRIL-The months receipts were l. 1863 bags,
and the sales were 3,7S2 bags The market at
the beginning of the month was still irregular
and easier at 14h015c for medium fine, but
the good demand and the heavy takings pre-
viously reduced the stock SO much that at
length it became firm though quiet. The de-
mand for the better grades continued. while the
common and imperfect cottons were still
neglected. Holders were firm and maintained
quotations, owing to the small offerings of good
cottons. The month, however, closed easy and
lower for poor and short staple, and prices de-
cliued. Medium fine closed at l41AGl15c.
MAY-The month opened very much flrmer
for the better grades with a good demand at
$50 1516c for medium fine; the commoner sorts
continued neglected. The market showed but
little change during the month, and holders Of
good cottons showed no disposition to recede
from the ruling prices so that values were well
maintained throughout the month, closing
dull and somewhat nominal at 15@15s4c. for
medium fine. Factors, however, continued to
ask full quotations whene yer a buyer presented
himself. The receipts during the month were
633 bags and the sales were 1,317 bags.
JUNE-Ihe receipts during this month we're
100 bags, and the sales were "a bags There
was no material change either in the position
of buyers sellers, and the market ruled
throughout somewhat nominal, at 150i534c for
medium fine. Holders were stil quite firm
and asked full figures on all offerings of the
better grades.
JULy-The receipts for this month were 81
bags and the sales were 50 bags. The month
began with the market irregular and few
scattering sales below quotations The bulk of
the business, however. was at full figures. 1t
closed dull and nominal, owing to the firmness
of holders. But there was no inquiry.
SEA ISEAND CROP RECEIVED AT SAVANNAH. GA q,
SEPT. 1, $780, TO AUG. 81, 1891, SHOWING PRO
PORTION OF GEORGIA, FLORIDA AND SOUTH
CAROLINA.