The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-12-26
COMMERCIAL.
SAVANNAH MARKRT.
|-7-E1fE TTEIs
OFFICE MORNING NEWS,
WEEKLY REPORT

WEEKLY REPORT.
OFFICE MORNING NEWS.
6AvANsAH, IA. Dec. IS, 1891.
GENERAL REMARKs-The leading features of
the general market during the last week are
about the same as previously noted. The chief
feature. however. of interest was the. activity
displayed in naval stores and the firmness
manifested in values. In general trade as a
whole business was quiet, especially
In the jobbing lines. which. Of course,
is natural for holiday week. and for the latter
reason the retail trade received q fair degree of
attention from consumers. and the business re-
allied. all things considered. was said to be
fairly satisfactory to dealers. both in volume
and prices The money market has continued
close with an active demand for money. Domss.
tic exchange was quiet, while foreign ex.
change was very weak, aud there is some
complaints OF a scarcity of commercial bills.
In groceries there was a fair amount of activity
shown in the early part OF the week, but this
soon subsidized toward the close, BUYERS NOT
being inclined to Increase stocks beyond actual
necessities. In dry goods trading continues
light. without essential change in the general
condition Of the market. The hardware trade
was dull and featureless There was
an entire absence Of special activity In
lumber. and but few orders were
placed for new business. while the movement
was confined strictly to covering back orders.
In other departments there was nothing at.
tractive about the trading and but a nominal
business has prevailed, buyers keeping close to
actual wants in making purchases. There were
but few price changes and values have been
pretty we'll sustained. The following resume
Of the weeks business will show the tone and
the latest spot quotations of the different
markets at the close on Thursday:
NAVAL SroREs-The spirits turpentine market
was quite strong one during the week and
prices advanced steadily. A falling off In re-
ceipts and the large amount of available ton
mage rather stimulated buyers. which caused
an active demand and the consequent stifren-
ing up of values The business doing
was large and pretty much all the
current offerings were RAPIDLY absorbed Fully
$500 casks changed hands during the week.
The market closed on Thursday firm at 32l6c
for regulars. In resins there was a continued
good demand which. in fact at times, was in
excess of the offerings during last week while
the market displayed considerable flrmness
and prices were advanced for pretty much the
whole list. The total sales were about I2 0OO
barrels. IN another column will be found a
comparative table or receipts and exports for
six days aud for the same week last year show
ing the stock on hand and on shipboard not
cleared, together with the official closing quota
tons.
doing, though all things considered, it was fair
for Christmas week. Buyers and sellers have
entertained opposite views about the market
consequently prices have remained stationary
The demand was principally confined
to middlings, and holders to effect
sales of other grades we're forced to make con-
cessions OF l-16Q1Sc in prices at times The
receipts have continued pretty full and supplies
are increasing in first hands. The port receipts
are also comparatively large and there is evil
IDENTIFY no hope for an Improvement at control
ing centers until there is more positive falling
of in the movement TO the primary markets
The total sales for the past six days were 6,029
bales The following are the official closing
SPOT quotations OF the Cotton Exchange on