The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-06-25
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH, Ga, June ~ 1902

OFFICE MORNING NEWS.
SAVANNAH, Ga, June ~, 1891
GENERA. REhARKs-There was very little
change OF situation in the general market dur
Eng the past week. except that il has become
relatively duller In fact, about the smallest
amount of business was covered during the last
seven DAYS than has heen in any week
this year. So far as trading WAS
concerned there was little presented that is in
eerestings or new. Jobbers have reported A
general Stacking up Of orders, and the volume
OF outgoing shipments was very much cur
tailed This In part is attributed mainly to the
very warm weather and the
excitement and interest attending the pro
ceedings Of the democratic national
convention. 1t is also due to the
fact that the end OF the month is so near at
hand. OF course as the summer progresses It
Is expected that a still further shrinkage in
value will occur. Still there has been a good
business in the cumberland the. naval stores
trades. In groceries and provisions the move
ment was quite steady, but orders
were mostly for the staple goods and
buyers show evidence OF careful buying. In
dry goods the market was quiet for the time
being, but 1t is believed that an early move
ment will take place In orders for the fall trade
as travellers are already canvassfng pretty &C.
lively for it. In other lines there Is business
only in the taking Of moderate quantities of
reasonable stuff Domestic exchange has re-
covered former rates. Securities are dull.
There were few price changes, the features
being the weakness in cotton and the nrmness
in provisions. Collections were rather poor.
Money continues in good supply. The follow
ing resume Of the weeks business will show the
tone ana the latest closing quotations Of the diff
ferent markets to-day:
NAVAL SToREs-The spirits turpentine market
was fairly firm throughout the week with an
active demand and prices were steadily ad.
vanced until Tuesday, when regulars sold up to
2S14c. The receipts. however, continuing so
off, closing to-day firm at 271tc
for regulars. There was a good steady
demand during the week and pretty full bust.
ness was accomplished. The sales were fully
for all grades except in the extreme pales,
which declined slightly to-day. The demand,
although not active, quite steady aud
the offerings were pretty well absorbed
The total sales for the week were about
1900 barrels. Elsewhere will be found a weekly
q like period last year, showing the stock on
hand and on ship board not cleared together
with the official closing quotations.
CoTFoN.-The spot market was comparatively
rather light, while there was more desire to SELL
and holders in the early part of the week were
giving slight concessions whenever it was be-
lieved that it would cause larger purchases
This, however, was not warranted by the small
orders coming to hand. The receipts at the
ports were also larger and in excess OF the bust
ness Offering. which has had the effect of again
depressing controlling markets- The total sales
for the week were only S54 bales. The following
are the official spot quotations Of the Cotton