The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-22
COMMERCIAL.
$1,000
SAVANNAH MA 2KGE.
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAvANSAH. March 81. 1890.

OFFICE MORNING NEWS,
SAVANNAH. March 81. 1890.
GENERAL REMARxs.-The week again opened
with very severe wintry weather. Indeed. tn >
freeze was more severe than any experienced
this year, and reports are very general from all
quarters of the damage resulting to the vegeta-
HE and fruit crops. and that which was not
hurt by the previous freeze failed TO esca the
last. so that it is be ieved that the
early crops are virtually killed and farming
operations greatly retarded. In the general
market however, there was fair business do
ing. and while there was no great show of
activity among jobbers, there was more than
the average amount of trailing going on for this
pariod of the year. The demand for groceries
continues in full volume and quite a heavy
movement took place, more particularly of the
heavy goods and staple articles, for which there
is always a steady demand. In dry goods there
was a quiet though firm feeling; the outside
trade is about fully supplied with stocks of
spring goods. but the consumptive demand was
cut short somewhat by the cold weather and
no further extensive trading is ex-
pected except the usual reassort-
ing demand in replenishing broken lines
of stock. The movement in hardware continues
quite steady. also building materials and lum-
Der. Provisions, fertilizers, ETC., are moving
out freely. In all other branches there was
fair amount of business doing Collections are
good although the money market is stringent,
while the tendency all over the country is to-
ward contraction. Stocks are more active,
while for bonds there is some dearth of
demand. Foreign exchange is firmer
and higher. The course of values has been
comparatively steady, although in the leading
staples there was hardening tendency. The
Ill IT.
show the tone and the latest closing quotations
Of the different markets to-day.
NAVAL SToREs.-The market for spirits tur-
pentine was unsettled and rather irregurr dur
ing the week. Ia the first part prices were
irn and steadily advanced, regulars selling up
to 4lc., but it again sagged off and sold down
10 4Oc, the market closing dull at the
last named figure. There was slow
demand and comparatively small business
done. The total sales for the week were about
1,C00 casks Rosin-The market has continued
firm throughout last week, with some advance
IN the better grades. There was a
fairly steady steady inquiry 9Eny with only mod
week were about 5000 barrels. Elsewhere
will be found a weekly comparative table 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
quotations.
CoTToN-The market was dull during the past
week. although prices have remained steady
and unchanged. There was a very light de-
mand, with only a small business doing. The
larger holders were quite firm, and were asking
higher than the current quotations. Buyers,
however, were somewhat Indifferent, more
particularly as there is some scarcity
of the desirable grades, while the
bulk Of the stock offerings is of the better
qualities. Receipts at the ports continue to fall
off heavily, and the local receipts are behind
those of last year. The market closed to-day
firm with the total sales for the week at / ,725
bales. The following are the official closing
spot quotations OF the cotton exchange:
MlddlIng fair. . Nominal