The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-12-13
WEEKLY sEPoRr.

OFFICE MORNING NEWS.
SAyAsxAR. Dec. 70, 1890.
ax<rzIL REmARKs.-rhe situation In the
,.ansrai market for a weeik back has remained
Unchanged. Financial conditions are rather
Uncertain, and the Doslti on of affairs Is alto
s,s,ber unsatisfactory for legitimate trading
II Il apparent that the m pnsy market is strained
a, every point, and is maiking itself felt severely
:, this market, causing Jobbers TO scan
credits all the more clos ely, and TO turn down
. r5a-s of customers who at other times or
uuder ordinary circumstances could buy al
,,ost without limit. The local money market
,s almost at a standstill. on account Of the
strnceucy. The bsnlis, however, are pretty
,ralI entrenched and c Duld lend more money
han they are doing, but. owing to the ap-
rroschiug holiday seas on and the continuance
If the uncertain outlook, they are dis
playing a more cautious disposition in
uniting out loans. The payments of the dv-
dends on Central railro al stock, which will b.
d,clared. it is believed, on Monday, may help
matters some next week On the whole there
,ras a fair amount of trading done in the whole
safe iobbing trades, especially among the
.,rocery houses, which. of course, was
svnected. as at this time there Is
always a large amount of holiday goods
moving out. In other branches there is no
imnroyement TO be observed, and dealers are
rather curtaIlng busi ness. Values have been
,pite easy all around, influenced by the none
tary con ditions, and al most every commodity is
at the mercy OF the Traders within or necessity.
collections Of course are merely nominal. The
toIowing resume OF the weeks business will
show the tone and tho latest closing quotations
If the different markets TO day:
NAVAL, SroREs.-Tho market for spirits tur-
neutine was dull, and ITices weak and declin-
ing The demand curing the week has been
slow and transactions limited owidgto a tight
money market. In fact, there has been little or
no buying for foreign account, and the small
business doing was con lined TO orders for mall
lots from the west nd north The market
closed to-day quiet and weak, at 35c for
regulars The total sales were about 1000
barrels Resin - The market was very quiet
during the week, and prices of the lower grades
easier and lower. The slow takings of the past
several weeks have cat Used the stock to bank up
heavily, The market, however. closes for low
grade resins 6rm st, quotations. The total
sales for the wtek were about 1900
barrels In another column will be found
weekly comparative table of receipts and ex-
ports from April I 10 d,Ite, and for like period
hst YEAR showing tile stock on hand and
on shipboard not Gle AIRED, together with the
official closing quotau pnS.
COIrON The Sltuat ion In the spot market
during the week has remained one of much
difficulty, owing to the unsettled and irregular
.ondt IN of foreign chan Re, AMI In some In
stances factors were compelled TO take the ep-
orators exchange In payment Of purchases
The market has been comparatively dull for the
best part of the week, while advices from the
leading markets have been uncertain, causing
prices TO be very mitch depressed, especially
b for the midding grad es. The offering stock ia
Y the factors hands IS not considered excessive
Il for this time of the year were the conditions
normal, bit the prosp scts of increased receipts
and slow business sover the holidays, along
with tight money, renders the future outlook
rather unsatisfactory. The total of sales for
ne week were 500 bales. The following are
4 The official closing sp OF quotations OF the Cot
& ton Exchanges