The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-12-15
COMMERCIAL.
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SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS, !
SavANNAu "a Daa IA 1909 (

OFFICE OF THE MORNING NEWS
SAVANNAH GA. Dec. IA. 1885. (
GENERAL REMARKs.-There was nothing new
IN tbe situation. The general market was rather
ouiet in most departments, while only in few
vas there anything like activity. The shipping
movement, however, during last week showed
some improvement over that of the previous
rock There were quite number
Of SPOT buyers in the market, but
their takings were confined principally to the
holiday goods, and for which immediate sale
can be had Orders by mail and wire are also
coming to hand freely. The stock of cotton
continues to accumulate, but the stringency of
the money market has rather weakened hold
ers and they are offering more lib
eraIv JobberS complain very much
If the slowness of collections, aad claim that
thew are not in as fair a proportion as COM
nared to the amount of goods moving into the
interior. There is an active demand for money
and the banks have advanced rates. The
security market was very dull and lifeless owing
IN the stringency, and it has had the effect
of weakening the whole list, although there
was no material decline in any. The greatest
activity was displayed in the grocery trade, and
the demand was very heavy, but was mostly
for goods peculiar to the Christmas season.
There was quite falling off in the sale of pro-
visions, There was very little doing in dry
goods iobbing except the reception of spring
stocks, which are arriving very heavily
ner every steamer. In all other branches
the buying was especially slack and
limited to small lots. The retail trade, how
ever. is showing more activity There were
few changes in values worthy of note except the
continued advance in coffees and sugars and
the decline in sailed meats. The following
resume of the week S business will show the tone
and latest quotations of the different markets
at the closing hour to-day:
NAVAL SroREs.-The market for spirits tur-
pentine during last week was somewhat nomi
nal owing to buyers and sellers being apart
Holders were very firm, aud succeeded in OBJ
tanning an advance of 1ac for regulars. Prices,
however, ruled irregular, owing to the extrem-
ity of holders views and only a small bust
ness was doing. The total sales for the week
we're about / 400 casks. The clearauces of the
past week have reduced the stock considerably.
Rosin-The market was very dull aud inclined
to weakness in the best grades, while the lower
grades were in more request and prices held
steadily. The total sales for the week were
about $1,000 barrels. In another column will be
found weekly comparative table of receipts
and exports from April to date, and for the
same time last year, showing the stocks on hand
and on ship board not cleared, together with
the closing quotations
COTToN-There was more business doing
during the past week than for several weeks
back 1t was brought about more through the
weakness of holders on account of a tight
money market than for any other cause The
statistical position of the staple seems to be all
right and the different crop esti-
mates now being made public are
all lower than those previously or rather earlier
in the season. This fact of itself strengthened
controlling markets but without any positive
effect in this, and buyers are more disposed TO
await developments. Values are not quoted
lower but they were not strictly adhered to. The
for ka1n
tions of the Cotton EXCHANGE.