The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-03-07
COMMERCIAL
sAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE MORNING NEWS, I
SAVANNAH, March 6, 1897. (

OFFICE MORNING NEWS.
SAVANNAH. March 9. 1897.
--xrrAI, REMARKs-There has been more
- business in the general market during
- Dsst week, although weather conditions
lno .or altogether favorable. as it has con-
...,,ad quite cool, and rather retards the spring
- -. The movement. however, in the job
go. trades was quite in full volume,
"a The outgoing freight, both by steamer
a. rail. was very considerable for
- tine of the year The feeling.
s-.--.vsr. in commercial circles. while not TO
,,,ss-isfactory, mot as confident as it was
Nth or SO ago. This, of course. is attrib-
g "a the depressed condition of values in
- long and short staple cotton, the former of
Si,b afects the wholesale jobbing trade of
-, market more or less. There is no change
y -te money market, which continues easy. at
ealing rates Domestic exchange is firm,
also foreign, although dull, and bill
sing is few and far between The
-.c,ritv market showed some slight activity in
- ~ the specialties, some of which took on
,,hstanttal rise in value. Collections were
o. tbongh slow Prices Of the leading staples
-+,b one or two exceptions, were firmer but
sornevhat irregular. In the grocery trade the
I.r,snd was quite liberal and sales fairly large.
n drv goods the business was moderate though
to,r as also in hardware. The
,,-r,bsr trade was steadier. Although
,,ers Is no apparent increase in orders
,ba movement of caIgoes was fairly satisfac-
.orv In the other lines about the usual trading
,rev.iled. with no features of interest. The
amended resume of the weeks business will
chow the tone and the latest closing quotations
If the different markets to-day:
NAVAL SroREs-The market for spirits
turnentine was quiet during the weak, though
rice we're firmer. ana stocks were steadily held
for increa sed bids. The weeks receipts show a
siiobt increase, but the movement outward
more than counterbalanced, and at present
there is small supply in first hands
casks Rosin-The market was firm throughout
the week. and prices of strained and good
strained advanced. There was good. steady
demand with rather moderate offerings.
The total sales were about 5000 barrels.
In another column will be found
norts from April 1 to date and for like
ppsriod last YEAR showing the stock on hand
and on shipboard not cleared, together with
the official closing quotations
CoTToS-The market was quiet during last
week. and for the most part weak, although
values sold of very slightly. The demand was
ouite allow, and but few buyers were in the
market. especially those for foreign account, the
orders for which seem to be about hlled FOR the
time being The continuance of the enormous
receipts for so late In the season at the ports,
as well as the heavy interior movement, seems to
discount all previous estimates of the crop, ard
serves to weaken values all around and to de-
press leading markets very much, particularly
as the stockN at controlling centers show some
accumulation. Tn total sales for the week
were only AGO bales The following are the
official closing spot quotations of the Cotton
Exchange: