The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-09-26
COMMERCIAL.
SAVANNAH Markets.
WEEKLY REPORT.
OFFICE MORNING NEWS,
SAVANNAH, GA. Sent. y. 1901 {

OFFICE MORNING NEWS,
SAVANNAH, GA, Sept. %, 1891.
o,vvsAr REMARKs-Busnes in the general
.,.rte. during the week under review was more
.ot;va than at any other time during the year
Their was a good attendance of buyers in the
i.l,hiry trades, while orders by mail and wire
Gro in full volume. The weather was quite
favorable for q good shipping movement. and
,ba largest weeks trade for this season
rast be result The features of the week were
the very heavy movement in cotton and naval
..ores and the frmness of value in both of these
,,,nortant branches of trade. The money
market is still stringent, owing to the free
aAaripgs of exchange. 1t is, however, believed
,ho+ the market will be relieved considerably
the early part of next month, for the
rsason that for the bulk OF the
cotton now being received bills will
he maturing the first week in October. which
will ease up matters in the interior. The foreign
exchange market is also firmer and fair volume
ofbfls are offering. Collections show a slight
4 srpansion aud are coming In more freely than
n thew have been for some time back. In the
\ iobbinz trades the greatest activity was mani
tested in the wholesale grocery trade, and the
4 outward movement was very large,
the demand being stimulated by the
the more favorable outlook and crop condi-
tions In the hardware trade the business was
not of heavy volume, but it was by no means
dull In dry goods the seasonable and staple
fabrics commanded the attention of buyers.
Int the heavy business is about over with for
tbe season. There is a somewhat better feeling
In the lumber trade and prices are firm Re-
eardiug other departments there is not much
n be said and the demand is only controlled by
immediate wants. The following resume of the
weeks business will show the tone and the
latest closing quotations of the different mar
kets today:
NAVAL SToREs-The market for spirits turpen-
tine was rather unsettled and prices irregular
during the week but with a slight reaction in
receipts firmer feeling was obtained and the
market closed oday at an advance OF Lc.
There w&s pretty fair inquiry, though at times
quite cratic. The total sales for the week
were about $500 barrels Rosip-The market
was firm during the week, in fact strong for the
better grades, which were in active request,
and prices were steadily advanced, and in
sympathy all other lines were marked up
slightly. The arrivals Of tonnage during the
week gave quite an impetus TO the inquiry and
taken. The total sales for the week were fully
1900 barrels. In another column will be
found q comparative table of receipts and ex-
ports for the week and for a like period last
year showing tho stock on hand and on ship
board not cleared, together with the official
closing quotations.
CoTToN-The heavy port receipts in the early
part of the week caused a pretty weak feeling
to prevail in controlling markets. and prices
steadily went off in the spot market Gu the
last half of the week, however, receipts Stacked
up considerably and values were fully recov-
cred. Besides quite a substantial ad-
vance was established In this market,
especially for the better qualities.
The demand throughout the week was active
and general. and pretty much the whole
Offering stock was absorbed daily, which swelled
the total of the weeks business to very large
proportions. the total of sales footing up 10 $50
bales. The market closed to-day firm at the
following official closing spot quotations OF the
Cotton EXCHANGE: