The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-12-28
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT.


WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH. Dec g. 1852
GENERAL REMARKs--1he general business
during last week was of course considerably
interrupted by the Xmas holiday and trading
in a wholesale way slackened up somewhat.
Added to this was the near approach
Of the closing of the month, when
buyers usually reserve their orders Under
these circumstances there was rather
limited movement in general merchandise.
There was, however, a very fine trade accom-
plished among the retailers; in point of fact
they have sold more goods this season than for
several years back, which. of itself, is one Of
the best indications of prosperous times. The
money market was very stringent, and
tbs banks are not supplying Gus
toners as freely as heretofore.
The domestic exchange market continues irreg-
ulsr though easy. Foreign exchange was un-
settled, and rates are somewhat nominal owing
TO the unsatisfactory condition of the New York
money market. The security market took on
some little activity in stocks, while bonds were
also sought after, there being general invest
rnent demand. Collections were fair though
moderate. In groceries and provisions
there was lull in the de-
mand, but there was, however, a
steady business doing. In dry goods dulness
prevailed, and most jobbers are arranging for
spring stocks, which will be ARRIVING very freely
in the next week or ten days For hardware
there was continued good demand, with con-
siderable goods moving out. The same can be
said of building material. There is an active
demand for lumber but the mills are all idle
for the present. owing to the holidays. In all
other departments fair trade continues in
qoIl
business will show the tone and the latest clos
ing quotations of the different markets to date:
NAVAL SIoREs.-The market for spirits tr1r-
pintine was quiet and somewhat nominal owing
TO buyers and sellers being somewhat apart
There was, however, quite a firm undertone,
and holders views were considerably above
buyers bids. This had the effect of limiting bust
ness. The total sales for the week
we're about $50 casks, the market clos
ing firm at 411Ac bid for regulars. Rosin-The
market was quiet and easier for strained to
good strained, while the best grades were firmly
held. There was light though steady demand.
with only moderate offerings, the market
closing at a slight decline in the lower grades
and an advance in the extreme pales The total
sales for the week were about $500 bar
rels. In another column will be found
weekly comparative statement of the
receipts and exports from the beginning of the
season to date, and for the same time last
year, showing the stocks on hand and shipboard
not cleared, together with the official closing
CoTToN.-There was a fairly good demand
during the week, with a better business doing
than for several weeks back, notwithstanding
the holiday Interruption. Prices were well
maintained, although there was quite full
stock offering and a tight money market
prevailed The takings of the week
have left the market in very good shape, and the
indications are for a better feeling in the near
future with good steady demand. The total
sales for the week were $500 bales. The fol-
lowing are the official closing spot quotations
rnff be, ftr.f1a xyf.ba