The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-05-25
COMMERCIAL.
SAVANNAH MARKETS.
vrEKLy REPORT.
OFFICE MORNING NEWS,
Sav.Nx.- MAY - 1883.


OFFICE MORNING NEWS,
SAvANEAs, May -. 1883.
crSvKAL REsARKs.-There was some slight
,-7-ovsrnent il the general market during The
-. week and fsir aggregate Of business was
= far ttis period Of the ye.r. The demand
. + the same general character as Of late
- vss distributed in due proportion II pretty
-,-A all branches TO make up fun
s.zortnents for summer trading. The
5,-binr trades, however, present the same duh
-7aarauca SIS for some time back Mail or
5s-s and individual selections are slow and az
m moment. being principally for actual wants.
-J,hba-s do cot appear TO be very JuoAant OF
L. over the prospects Of future trade, owing
:. the rather unfavcrable accounts
+,n the planting districts, particularly
!, the cotton sections where reports Of cool
reatber. drought aud poor stands are being re-
c.ysd daily. In groceries the greatest bulk OF
.rsdi7r il now going on and fair volume Of
,o5a-s from the interior are coming in. causing
a God shipping movement. In dry goods The
dsnapd is inconspicuous, and what there
ia was mostly for small lots, the
reather being rather too cool TO
stimulate buying in the lighter fabrics. In all
otbAr departments transactions are somewhat
rrtrjctei Collections are reported to be COM
m, TO hand more evenly and in fair volume.
Values are quite steady except 10 the staple
Foods. in most Of which they show tendency
downward. The money market is
unchanged The security market is
mite sluggish and there is very light demand
on the part of investors, although there seems
10 be considerable money diverted TO real
estate investments. The appended resume of
the weeks business will show the tone and the
latest quotations of the different markets at
the closing hour to-day:
NAVAL SToREs.-The market for spirits tur-
nentine during the past week was rather I'M
set ed the continued heavy receipts having a
tendency to weaken values, and prices declined
from 9615c.. the highest point touched, to A534c.
FOR regulars. 1t closed to-day flrmer at
a slight recovery, sales being made
at 36c. There was g fairly
st,adv demand which was freely met, anu
about $500 casks changed hands for the week
Rosin-The receipts were light with a consider
able scarcity of offering stock during the week.
Prices were strong aud advancing Stea lily clos
iuy to-day at q full advance of 100000. all
around There was an active inquiry, but the
light stock restricted operations. The total sales
for the week were about 1900 barrels Elsewhere
will be found the regular weekly statement or
receipts and exports from April to date, and
for the same time last year, showing the stock
OF hand and on shipboard not cleared. together
with the official closing spot quotations
CorToN-The market during last week was
comparatively dull. so far as trading was con
cerned but there was a good shipping move
ment which has reduced the total Of stock
10 very small proportions, there being little
or no stock left in first hands. The lower
grades have been weak and fell off 1s04c.
Considering the offerings each day transactions
we're fair The total sales for the week were
c63 bales. The following are the official spot
quotations of the Cotton Exchange: