The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-01-18
COMMERCIAL.
aVANNAH MARKET.
WEEKLY REPORT
OFFICE MORNING NEWS.

OFFICE MORNING NEWS.
SAVANNAH. Jan =. 1890.
e-xzzAL REMARKs.-There was little bet
..- feeling manifested in the general market
hiring the past week by the prospect of colder
~ more seasonable weather. There was a
r.tle more animation shown and was observs-
Lrs more amoug the wholesale jobbing trades,
.rsle a good deal more activity was had than
O., several weeks back. Orders have
.,ns TO hand quite literally so
nat the movement in volume
Is satisfactory for the week There was also
number Of spot buyers. but the bulk Of the
b,,siness was travellers solicitation The money
market was quite easy, although the demand
,ontinues active. Domestic exchange was
f,rly steady. Foreign was weak and declining
,,1tI to-day. when it reacted somewhat and be-
came steadier at a slight recovery. The secu-
r;tv market was slightly active, but business
limited. owing to the scarcity OF the most de-
sirable bonds for investment. Collections were
very fair, and in much better shape than for
sayeral weeks past. In groceries the demand
vas quite extensive, and considerable amount
of business was accomplished on out-of-town
orders. In provisions the demand was only fair,
and prices at the moment are steady. In dry
Goods there was some increase in the demand
incident to the opening of the spring
trade and as travellers are all out, from now on
= more active movement is looked forward to
II favored with seasonable weather. In hard
ware the conditions are but little changed, ex-
cent possibly slightly more activity shown, and
stocks are moving out freely. In lumber and
building materials there is heavy demand,
while the movement is aided considerably by
ample freight accommodations. In all other
departmets there was no special activity, al
though there was a good, steady trade in
progress in a majority of branches. The fol-
lowing resume of the weeks business will show
the tone and the latest closing quotations of the
different markets to-day:
NAVAL SToREs.-The market for spirits tur
penIine was very dull during the past week, and
10 a great extent nominal The demand was
onte slow. while the receipts were largely in
excess of the wants of the buyers, and prices
in consequence weakened and fell OF fully
&c, closing to-day steady at 4Oc for
regulars. The sales for the week were
about $50 casks. Rosin-The market was
fairly firm for all grades except pales, which
were unsettled and irregular, advancing slightly
the first half of the week, but again falling off
at the close There was a good, steady inquiry,
and the offering stock was pretty full but none
too much for the demand. The total
sales during the week were fully 1900
barrels. In another column will be found
a 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
quotations.
s.CoTroN.-The market during last week was
very firm, and advancing. closing to-day with
prices fully 5-16c. higher ali around than since
last report. The demand was fairly active and
general, and the market was pretty well swept
of all the offering stock, and that remain
ing in first hands is held for
higher figures. The amount afoat is
large, but it is somewhat counterbalanced by
the smallness of the stocks at the ports and in
terror towns, while receipts all around are
showing some Stacking up, so that the stats
teal position of the staple has stiffened con-
trolling markets. The total sales for the week
foot up 4.O75 bales. The following are the off,
cial closing spot quotations of the cotton ex-
change:
Middllng far ................ .,.... ~ gig
Good mddl1ng. ........................l0 SIG