The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-04-29
COMMERCIAL.
SAVANNAH MARKETs.
weekly Report.
OFFICE MORNING NEWS,
Savannah, Ga, April %, 1898.

Savannah, I'd, April % 1850
4 --,-.I Remarks-The general market has
O''.,tsd about the same general features
B o., last week as previously noted. The
u--st was to all appearances dull with but
no 20 exceptions of course. Memorial day,
- was observed as a close holiday,
w. interfered with operations in
last half of the week. The
..~,sn+ however. as a whole was light in
NE as is usual closing on the last of the
artb In the iobbing trades business was
q u, or less sluggish. The weather was quite
Ds,.onable and favored a better trade than
had. The features were the
Sr7ness displayed in provisions and
srgars. the heavy decline in cofees
-s The activity and irmness in naval stores,
and the depressed condition IN the cotton
Haryet The demand for lumber still keeps
m briskly and freight rates continue stiff but
", ouotably higher. The money
narset is comfortable, but the demand
Loans ND actively. Foreign exchange is
ysrv weak. There are still seri-
.rs complaints about unsatisfactory
q .oIlections. but it is believed that they will
,,onrove owing to the activity in the lumber
~ naval stores trade. The following re
anne of the weeks trade will show the tone
srd the latest closing quotations of the differ
ant markets today:
Naval Stores-The spirits turpentine mar
81 tot was fairly active during the week, and
"a there was a steady demand both from buyers
& tor foreign as well as for domestic orders.
81 Tbe receipts were larger than anticipated; the
"a decrease however. was Opportune to meet the
Ssmand and the takings have left but little
81 storl in 1rst hands. The market closes strong,
81 SzLc being freely bid for round lots while
factors decline to sell at less than 27%c for
rsgulars The total sales were fully 1000
casks Rosin--The market has been quite firm
Tor the better grades. The demand has
81 been active for these grades, due to the
q i7rt that prices fell almost to a parity with
last wear when there was known to be a large
a IRON while for this year it is believed that
NE crop will not be over 60 per cent OF last
year in pales. so that dealers are disposed to
81 lake rosins this season earlier than formerly
81 in anticipatiOn of q stronger market in June
81 and Iuly The pale grades are badly wanted
81 al the advance, and transactions of the week
81 have cleaned up previous Accommodations.
4 The commOner sorts are moderately firm at
a the decline. In another column will be found
4 a weekly table of receipts and exports as
81 compared with IKE period last year, show
81 in the stock on hand and on Shipboard
not cleared, together with the official quota
tons.
q Cotton-The market through the week was
more or less dull, with prices somewhat
& irregular and closed easy with quotations &c
q lower than week ago. The demand was
y rather sluggish and there was very small
IA
receipts at the ports continue fairly large for
& this time Of the year, which serves to throw
n good deal of doubt and uncertainty in control
81 ling markets regarding the extent of the size
Of the crop while matters have been more or
8 less Influenced lately by the holiday in New
s York, The total sales for the week were $50
5 bales. The following are the official closing
& spot quotations of the Cotton Exchange:
5 Middling fair. Observation-Disclosures.
& Good mlddnng''..'''.. '.'.....''...........1A
81 MluQllIlg y
u Low middlng. ACKNOWLEDGEMENTS. ......7A
81 Good ordinary Observation-Disclosures. 50
q Sea Islands-The receipts for the week up
q 10 o'clock p. m as reported by factors were
81 80 bags, this includes 292 bags
n transferred from Charleston. The ex-
ports were rs bags. distributed as fol
s. lows: To Liverpool 500 bags, to Havre 125
bags and to northern mills $50 bags. The to-
tai sales were only 14S bags. There was very
81 little business doing here. buyers being with
out orders and the most of the buying was
done in Charleston, owing to the heavy fall in
prices in that market. The market closed
dull but steady at unchanged prices
81 Sholce ....'.'''...'... 2O1sdD2l
Extra hne.....'.'.. --..............-..l9 gl9h
81 FINE ...................l 8lSR
Meuiuh me ..''..'' '''''. '''''.'ic13
n Medium. Observation-Disclosures. ..............16
Common. ......... .......... Is
The receipts of cotton at this port from all
4 sources for the week were 5000 bales of up
land and 80 bales sea island against 7408
4 bales of upland and 50 bales sea island last
year
Il The particulars Of the receipts have been
d as follows: Per Central railroad 4172 bales
y upland, per Savannah Florida and Western
9 railway, 632 bales upland and 70 bales sea
4 island; per South Bound railroad, 254 bales;
q per Savannah river steamers, , bales up
land; per Charleston and Savannah railway,
q E2 bales sea island
The exports for the past week were 5.243
6ales OF upland and US bales sea island, NOV
81 lng as follows: To New York, 1900 bales up
8 land and 525 bales sea island; to Baltimore,
2hl bales upland; to Boston, 1882 bales up
lana and 80 bales sea island; to Philadel-
& phla 90 bales upland
The stock on hand to-day was 3s,473 bales
upland and 1924 bales sea island, against
q 5b5% BALES upland and 5,474 bales sea island
& last year.
nlCe-1he business passing from day to day
q ~ thls market was quite unsatisfactory and
lne demand was even slower than it has been
q lol several weeks previously. Prices how
81 ever. are steadily maintained. Sellers are
HoJ pressing offerings while buyers are not
81 disposed to purchase except to meet needs for
Il ihe moment, and the long looked for activity
& uoes not materaliZe Holders still maintain
s some confidence in the outlook. The total
sdles Tor the week were only 525 barrels
mostly for local account on the basis of quo
higher '0SD'
ar .3ls613L
pri ''''''- '''........ ................313 T3M
Cboino '''''''.'..'. .-',.................4 944
Rough ''|2SSf(4
6,rr4@tfr 700 80
---rH1i y Iots........ ............... 800 60
Il ==..=.HEII.. :