The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-10-08
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OEFTCE MORNING NEWS.

OFFICE MORNING NEWS,
SAVANNAH, Ga. Oct Z, 1892.
,7vxxzI1. MISUNDERSTANDING the fact
,hst the week opened with close holiday
among Hebrew merchants and the state cleo
ton on Wednesday, there was good business
ACCOMPLISHED for the week. There was
marked improvement in pretty much all
branches of trade. In the job
hing trades there was a steady de-
mand both through spot buyers and sales
mems orders and the volume Of the movement
was quite in excess Of that of the previous
week The principal features Of the week was
the strength manifested in the spot cotton mar
ket and the heavy advance in prices, while the
small receipts of cotton have demorslized the
market for ocean freights, owing to the large
overplus of tonnage in the port. The report OF
the clearing house shows also a marked in
crease III its figures. Money rules very easy,
while domestic exchange is quiet and foreign
fairly steady at a slight advance in ra'es Inc
security market is quiet owing to the scarcity
of offerings of the most desirable securities.
With the jobbng trades the groceries and pro-
visions have secured the most atten-
ton and there was quite heaVy
shipping movement going on through
out last week. Sugars sho"
slight decline while pure lard has advanced
Grain has also declined. In dry goods there
was a fairly steady though light business
doing. For hardware there was far trade
IN progress In lumber the larger mills are
kept pretty busy in cutting orders for quick de-
Iveries, while with the smaller mills there Is
some slack in the demand. Collections con-
tsnue rather poor. The following resume OF
the weeks trading will show the tone and the
latest quotations of ths different markets at
the closing hour to-day:
NAVAL SroREs.-The spirits turpentlne mar
ket was fairly firm, though quiet during the
mast week There was a steady demand,
although it was principally for small lots.
Holders we're quite firm in their views and sue
ceeded in forcing an advance of &c since last
weeks report, the market closing firm at 2614c
for regulars The sales for the week
were about 5000 casks. Rosin-The market
was somewhat irregular, the better grades de-
cIining l5c while strained to good strained ad-
vanced sc, the market closing tirm all around
There was a steady inquiry with pretty full
offerings and about $1,000 barrels changed
hands during the week Elsewhere will be
found a weekly table of receipts and exports as
compared with like period last year, showing
the stock on hand and on shipboard not cleared,
together with the official closing quotations.
CoTToN-The market during last week was
fairly active and firm, while prices were ad
vanced SIC all around. 1t, however, closed to-
day easier. The movement Of supplies to the
pOrts continues very light, and the interior
movement as well. This. and the fact that
Liverpool sales have been quite heavy,
has impaired very strong undertone to the
domestic markets There has been good de-
mani throughout this week, and buyers have
succeeded in absorbing pretty much the whole
of the Offering stock The receipts now arriving
are grading lower than In the first part OF the
season. The total sales for the week were
about 1900 bales. The following are the off,
Cial closing spot quotations Of the Cotton x
change: