The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-10-15
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE MORNING NEWS, !
CAvAA-HAu GA Oct IL 1902

OFFICE MORNING NEWS, }
SAVANNAH, GA, Oct IA, 1899.
GENERAL RFMARKs-There was considerably
unors activity developed in the general market
during last week than was experienced through
any previous week since the season opened,
although it was a trife less in the cotton mar
ket. In all other branches. how
ever the situation was much
improved and practically on the same course as
outlined the preceding week. In the jobhing
trades the demand still runs somewhat uneven,
and is governed in great measure by the i'm
perAtive wants of interior consumers Still, as
q whole there was a very full volume Of trade
passing, as shown in the total clearings at the
clearing house for the week. while prices
with but few exceptions were we'll maintained
throughout. There is still large amount Of
steam tonnage offering to cotton shippers'
although the market has stea1ied up somewhat,
the belief prevailing that rates have about
touched bottom The foreign exchange market
has ruled weak and lower, while domestic is
hrmer and a change is not at al uh'
likely in the near future. Ihere
continues an active demand in groceries
and provisions, and a large amount OF STOCK
was moving. In the dry goods market the De
mand, as a rule, was reported moderate Win
out new features. Hardware sold very well,
and nails at flrmer prices. Lumber, the de-
mand, though, not especially active, is making
fair progress. In other departments the de-
mand was quite as full as it usually is at this
time of the year. Collections were also in
much better form, while the money market is
comfortably easy. The following resume OF the
weeks business will show the tone OF the latest
closing quotations Of the different markets to-
day:
NAVAL SroRKs--There was quite firm mar
ket maintained in spirits turpentlne during last
week and prices were advanced 1c the market
closing to-day firm at 27l5c for regulars. There
was good steady demand and considerable
stock was absorbed, while the outward move
rnent reduced 1t very materially. The total
sales for the week will Approximate
900 casks. Resins we're also in fairly active
request, although the market was somewhat
irregular espec ally in strained to good strained.
while the better grades were more or less
strong, the market closing to-day firm, with
prices 5115c higher than a week ago. The GALES
for the week were fully 10000 barrels. Else
where will be found weekly table of receipts
and exports as compared with like period
last wear. showing the stock on hand and on
shipboard not cleared, together with the official
closing quotations
CoTTaN-The market was rather dull during
last week. while prices were easier and declined
movement at interior towns was small as COM
pared with last year. The strong statistical
position, however. has but little influ-
ence on leading markets for the time being.
The weakness exhibited at Liverpool was
due to the fact that spinners have withdrawn
from the market causing business at that port
to be light, while New York was laboring under
the Influences of semi-holiday week The de-
and business only ordinary. The total sales
for the week were only 6,94 bales. The mar
ket closed tot day quiet at the following official
spot quotations Of the Cotton xchange:
fair