The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-10-24
COMMERCIAL.
SAVANNAH MA aKEfB.
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH, GA, Oct, D. 1891,

OFFICE MORNING NEWS.
SAVANNAH. GA, Oct. %, 1891.
o.Y-z.r. REMARKs-Like It's predecessor.
abe mast week was very active one in business
Ties The weather was quite favorable as
I'll as reasonable and had the effect of stimu-
,..irg the iobbiug trades. and a freer movement
aroji classes of merchandise was the result,
Tbars were few features, however, in the
.,areral market of interest out
10 of the enormous movement
~ cotron to the ports. which continues to
.ttract attention, rendering the outlook for
,,,lres very uncertain and a matter Of specula-
zion There was just shade of Improvements
IN the money market and the banks were salts
,x-iny all legitimate wants. Rates of interest are
Gill the same as those prevailing for some
,i,,a The volume of trade, however. is best
,old in the total of bank cearings for the
,,ask which is the largest for the sea-
%, The security market has again relapsed
,r,o dullnesg Collections are reported to be
cory steady and satisfactory. Exchange, both
to-oiyn and domestic. was steadier, with less of
IN. latter offering than for several weeks back.
The lumber trade continues to improvei the
toraiyn demand, however, has become quieter.
There is some complaint of lack of room by the
coestWise steamers, owing to the heavy ship
r,ents of cotton, which blocks out shipments of
every other commodity TO some extent
The demand for groceries continues very large
and the outgoing shipments heavy. The follow
iry resume of the weeks business will show the
tome and the latest quotations Of the different
markets st the closing hour to-day.
NAVAL SroREs-The spirits tn, pentine mar
ret was rather quiet during the week, and
rrices TO some extent we're easier, regulars
selling after the closing hour to day at 3334c
Offerings were in full supply. but the scarcity
of steam freight room, coastWise has re-
stricted the demand and causes the weakness
in va ues, as well as limiting business. The
total sales for the week were about 900 casks.
Rosin-The market was very firm during the
past week and prices were well maintained.
There was good steady inquiry and all offer
ings we're readily taken, especially for foreign
account The total sales for the week were fully
1900 barrels. In another column will be
found a comparative table of receipts and eX-
norris for the week and for a like period last
year showing the stock on hand and on ship
board not cleared, together with the official
closing quotations.
CoTToy-The past weeks receipts at the ports
have hroxen all previous records and were the
heaviest ever known in one week. This had the
effect OF weakening values very much the first
half Of the week and prices sold Off steadily.
Toward the last, however. a slight droop in
receipts steadied up controlling mar
kets somewhat and caused partial
recovery of quotations fl the spot mar ct.
There was good demand freely met and the
taknyH kept the offering stock well within
bounds, The total sales this week were 1875
bales The following are the official closing spot
ouotAtions OF the Cotton EXCHANGE: