The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-21
WEEKLY REPORT.
OFFICE MORNING NEWS,
SAVANNAH, June 20. 1890.


OFFICE MORNING NEWS.
SAVANNAH. June 20 1890
-,,r RENAREs-Matters in the general
80 we're without material change during
st week. Business has been very light as
hole though it might be called fair for this
- If the year. In some few departments
4i,e, was reported up to the average while
,.bsrs it is said to be even less than last
- There were few features about
- markets of interest, except the
-.,-sa of values. Naval stores were advancing,
lie cotton was weak and declining. Cofees
"a sugars were higher and provisions lower
III was somewhat irregular and unsettled
I'm, to the keen competition among local op-
Tors. Collections are slack, but about up to
ox,sctations for this period. The money mar
-. continues comfortably easy. In
..,uritiss there was a general dull
- owing to the scarcity of desir-
abla Investments and investors. In the whole
s.la grocery trade there is a good business in
-ogress. and orders come TO hand freely from
o,t Of town buyers. In dry goods there is a
.,r business in fall and winter fabrics, but or
,ors Otherwise are slack. In hardware the
,r,ding was very slow, and nothing of moment
-o;nq on except the f1rmness displayed in all
ion manufactures. The lumber trade is
nuch ouieter, and orders are becoming
Glow for outside shipment. There is, however a
fair distribution from the yards for local con-
sumption. Building materials are moving out
fairly well, but with no activity. In all other
branches the trading is only in small lots, with
a tery quiet tone The following resume of the
weeks business will show the tenor of the differ
ent markets, together with the latest closing
quotations:
NAVAL SToREs-The receipts of spirits turpen-
tine during the past week were about normal,
though considerably less than the previous
week, which caused holders to be quite firm,
and prices were steadily advanced, closing to-
day fully nc higher Than week ago. There
was a pretty steady inquiry and a fair amount
If stock was absorbed. The total sales for the
week were about $500 casks. Rosin-The
market was quiet during the week, but prices
were frmer and advanced all around. The
demand was largely for the better grades,
while the lower qualities were not in much re-
quest The total sales for the week will APP
rroximate 1900 barrels. In another column
Mill be found a weekly comparative table
of receipts and exports from April to date,
sad for like period last year, showing the
stock on hand and on shipooard not cleared,
together with the official closing quotations
CoTroN-The market was very quiet and
easier during the last week, and prices went
off 1-16016c all around. The weakness of the
market is attributed TO the scarcity Of buy
ers and the decline in controlling markets
caused by the gradual increase of the supply in
sight. while the reports from the
growing crop continue very encouraging,
siied to the largely increased acreage, which
induces operators to predict an enormous crop
fer next season. Holders here, however, ap-
pear to be very firm in their views owing to the
small stock, which is well held. The market closed
today steady at decline of l-l6 cents in the
best grades. The sales for the week were only
6, bales The following are the official spot
quotations. of the cotton exchange: