The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-06-29
COMMERCIAL.
SAVANNA MARKETS.
WEEKLY REroET.
OFFICE MORNING NEWS.


SAVANNAH, june ., 1850.
GENERAL REMARKs.-Duliuess and unsatis-
factory conditions have continued TO prevail in
the general market during the past week. The
weather has been very uufavorable for ship
ming. heavy rains have prevailed for the most
of the week, and with 50 much previously the
condition of the country roads are rem
dered somewhat unfit for traffic and it
is beginning to show its effects in
the jobbing trade. Beyond this nothing OF
special interest has appeared in the general
market except the strength exhibited in pretty
much all the leading staple goods Business
was on a moderate scale. and the general move
ment was less satisfactory in volume. The
feeling among the jobbing trade is less conf
dent in Tone and more uneasiness is mani
tested as to the effect on the grow
ing crops, by reason of the continued heavy
rainfall There were no special features to
note in the character of the trade in any par
ticular line. The money market was easy. but
is still in active request Domestic exchange
was easy, while foreign shows a decided ten
aencyto absolute weakness The security mar
ket exhibited more signs of life, but transac-
tons are quite limited, owing to the
scarcity of the most desirable securi-
ties. Money from the interior comes in
what curtailed In provisions there was fair
inquiry. Dry goods-There was little or no life
shown in the market. but fall stocks are all in
and opened up, and travellers are all out on the
road. while jobbers are in excellent condition to
meet the trade, which win open up next month
In hardware there was q fair business,
ana jobbers are Just beginning to
ship out bills for September dat
inc. The demand for lumber and build
inr materials is excellent. In pretty much all
other branches the demand has fallen of. The
most noted price changes were the decline in
coffee, the advance in hacon WOOL shot and
sugars. The following resume of the weeks
buinesss will show the tone and thelatest clos
ing quotations of the different markets at the
close to-day.
NAVAL SToREs.-The market for spirits tur-
pentine was somewhat irregular during the
week, but for the most mart was firm. 1t opened
sfeafy at 3414c for regulars and sold up to 3416c
when it again sagged of 54c, but closed to-day
steady at 341sc. There was pretty steady in
auiry with full offerings. while receipts continue
quite large. The total sales for the
week we're fully 1000 casks. Rosin-
The rnarketswas frIner and prices of strained to
good strained were advanced slightly. There
wasa good inquiry, with only moderate offer
ings. The total sales during the
week were about 1000 barrels. Elsewhere
will be found the regular weekly statement of
receipts and exports from April 1 to date, and
for the same time last year, showing the stock
on hand and on shipboard not cleared, together
with the official closing spot quotations.
CoTToN-There was no special feature in the
trade this week except, perhaps. that it was
even tanner than week ago Prices have be-
come quiet and steadier, but there was no
auotable change. The demand was very poor,
while the offering stock is excessively light for
this season of the year. and the business doing
was merely nominal The total sales for the
week were only 80 bales. The following are
the official spot quotations of the Cotton Ex-
change.