The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-05-16
COMMERCIAL.
6AVANNAH MARKErS.
vEEKLT REPORT.
OFFICE MORNING NEWS.
SAVANNAH. Ga. Nav Is. 1901

OFFICE MORNING NEWS, ,
SAVANNAH. GA, May Is, 1897.
.,sIt. REMARKs-There was no marked
- in the condition Of the general market
- last week There was an air Of dull
~. neryading all circles, and the outlook is
hing but reassuring, more particularly as
80 developments in financial centers are
,s,nfng to make themselves apparent
s. in the money market, which seems
- more stringent than for some time, while
- is universally heavy demand. The
cher also was quite unreasonable and cold,
s;.b excited more or less apprehension for
ing crops. more especially cotton, which
3. also suffering considerably for lack of rain
'-si7lperfect stalds. In jobbing circles there
considerably less doing, although, taking it
n in all. business was comparatively in fair
-rre. There WIS no vigorous movement in
..,narticular department, while the weather
| a.-,inues so unsatisfactory as to cause the de-
..,,d In dry goods, etc, to be unusually light.
| r. grocery and provision trades were steady,
- good movement was had. In hardware
-,3e was only fair. while there is slight set
s.,k to the Improvements previously noted in
~ lumber trade owing to strin-
~ money, and the uncertain out
|f,aE
,.,,,ritv market presents a more than unusual
,,ndition. owing to the money contraction and
ne uncertain outlook, while values of pretty
,,nco all the favorite securities are steadily
.umnug. Collections are very slow. The
f,aight market has almost become stagnant.
The following resume of the weeks business
riU show the tone and the latest closing spot
limitations of the different markets to-day:
NAVAL SroREs.-The market for spirits tur-
nentine was active but irregular and unsettled.
IN the early part o the the week prices we're
sfesdy advanced and regulars sold up to S734c,
caused by the sharp competition Of a couple
~ bugers but almost imme lately sagged of
sgsn and steadily declined. closing to-day firm
al 251sc for regulars. There was
steady demand and good bust
during the week. Rosin-The market was very
Ann through the week, and the better grades
I'D at higher figures than current quotations.
There was good inquiry and all the available.
sttck vas absorbed The total sales were fully
1900 barrels In another column will be found
comparative table Of receipts and ex-
ports for the past three days and for like
5srod last year, showing the stock on hand
s,i on shipboard not cleared, together with
tns official closing quotations
CorToN-The business is to a moderate ex-
tent in spot cotton and generally on a steady
basis Tue market, however, presents a very
oUiet aspect, with seemingly but little interest
manifested either way. There are but few
BUYERS in the market and their operations are
confined wholly to each succeeding days
orders. The stock remaining in first
hands is pretty full and larger than usual.
Under the circumstances values are pretty
well maintained, especially when such a
Tringency of money prevails. The total sales
for the week were 1900 bales. The market
closed to-day steady at the following official
quotations of the Cotton Exchange: