The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-06-01
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH. MeV 81. 1889.

OFFICE MORNING NEWS.
SAVANNAH. Nay q, 1889.
r-xrz.1 RExAaKs.-Tho approach OF the
= If the month has exerted a very quoting
.-sna,ca in the general market, and there was
ill--o.sratiyely moderate distribution in pretty
C-,-cb ALI branches. The reports from the inte-
- in relation 70 the growing crops continue
~, discouraging and has had
>, effect on interior buyers, who
-. apparently adopting the waiting policy
Il Inv only for current needs. The rains of
- mast few days, however, If extensive. viii
-o-a than likely have very beneficial effect on
he growing cotton, and possibly engender..a
.,are confident feeling among consumers. 1t
: .atisfactory to know that trade is holding its
.rn fairly well in pretty much all lines, al
.,orgh the volume Of trading for the
Let week was quite moderate, still iobbers
rsor, 70 be satisfied with the movement for
,h,e season of thu year. An improving tendency
!. noted in collections. with an easier money
-,erket. In groceries there was a slight i'm
rr,vement in the demand although there was
>, snecial activity. Orders are confined princi-
r.nv TO the staple articles, for which there is
alusys steady consumptive demand. Values
for the most part were unchanged. Sugars are
ermer while meats are lower. In dry
Goods the situation is unchanged, but jobbers
are making preparations for the reception of
heir fall stocks, which will soon be arriving.
In hardware there is some increase in the sales.
There is a fairly steady increase in the move
,,ent of building materials lumber, etc. In all
other lines dullness seems to prevail and the
movement somewhat disappointing. The Sc
curity market seems to be throwing off some
If its inactivity and there is fair investment
danand offering. The following resume of
the weeks business will show the tone and the
latest closing quotations of the different mar
kets to-day:
NAVAL SroREs-The market for spirits tur-
pentine continues somewhat irregular and I'M
szttIcd Opening the week at 36c. for regulars
thew sold up to 36Ac., when they again sagged
off. closing to-day firm on moderate business
al Ssl6c for regulars. The receipts daily have
been excessively large and stocks are be-
ginning 10 show considerable accumulation.
The demand was fair, but not in proportion to
the offerings. The total sales for the week
were about 500 casks, The rosn market was
quiet and easier during the week, and the
lower grades declined. There was rather
slow inquiry, and business was rather light
The stock in first hands is small. The total sales
for the week we're about {, 800 barrels Elsewhere
will be found the regular weekly statement OF
receipts and exports from April 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
CorToN.-The market was generally dull dur
ing the past week and prices have held steadily.
There wa only a nominal demand, with hardly
any desirable stock TO be found in first hands
while the receipts are exceptionally small for
this period OF the year. The total sales for the
week were only 1879 bales. Tue following are
the official spot quotations of the Cotton Ex-
rhanga