The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-03-25
COMMERCIAL.
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SAVANNAH MARK cts.
WEEKLY REPORT.
OFFICE MORNING NEWS, !
SAVANNAH. GA, March "a. 1893, (

OFFICE MORNING NEWS,
SAVANNAH. GA, March "a. 1898.
5 e,xrRAI REMARKs-The week under review
4 mite a dull one in commercial circles and
% NJ importance was accomplished. The
~. rroninent feature displayed In the mar
~ +yss the weakness manifested in pretty
"..lv all the staple commodities, notably
4 .,tton. naval stores and breadstuffs,
it is to this fact as much
4 N any other that was attributed
4 -. smallness in the volume of business, while
+. !. Clearing house figures exhibited quite de-
Il Sc from that of the previous week. The
4 lining trades experienced very slow distri-
s,,ion and there was nothing in the outward
s.,vement Of an encouraging character This
bslieyed to be the result Of less trading in the
,,eror. owing to planters being very
bosy in their preparations for
ne planting season, which is now
,1lly underway. All accounts seem to
.-rse that there will be an increase in cotton
scrssge in this and nearby sections. There is a
.,rewhat brighter outlook for cotton in the
nssr future which is reflected in the close of tire
g-ea, strike in England. In groceries and
rroyisions the movement was only moderate;
,bs sales made, however, indicate a steady
market, pIOFASlOuo AhA II 'uI nave uoGllueu
basvly. There was brisker demand noted
m the lumber trade caused by the
siyent Of n ore propitious weather In dry
Goods business was confined to small lines of
resssortments. There was also a moderate de-
msnd for hardware, and nails and shot have
declined. The situation in other branches was
generally steady. Collections are provokingly
slow for the time. The following review of the
weeks business will show the tone and the
latest closing quotations Of the different mar
kets to-day;
NAVAL SToREs-The market for spirits turpen-
tine was rather dull and to some extent nom
inal during the week. The demand is not large
enough for the receipts, and the expected
movement OF new crop tends to weaken values
prices going down from 3313c to 3l16c for reg
ulars. There were no important sales during
the week and the total of transactions reached
very small proportions. Ros n-The market
frmed up somewhat in the early part of the
week and a substantial advance took place in
strained to good strained aid water white.
Prc g. however were unsettled and rather ir-
regular and to-day witnessed a decline in the
lower grades at the closing call. The demand
was fairly steady, but principally for small lots,
while some grades were apparently scarce. The
stock is very much reduced by the past two
weeks clearances. In another column will be
found a weekly table of receipts and exports as
compared with a like period last year, showing
the stock on hand and on shipboard not cleared
together with the official closing quotations.
CoTToN.-A dull and easy feeling was very
in the spot market during the
week, Tie demand was quite slow and was
freely supplied which added to the weakness
causing prices to decline steadily and at the
close day were fully 3-lec lower than a week
ago. OF course the slow business at Liverpool
had very depressing effect also. and there
was DO important features developed until to-
day wHen the announcement was finally made
that the strike in Liverpool had collapsed and
that the operatives were returning TO work.
Still controlling markets were heavy and de-
Ginning, due. it is said, 60 slight increase in
port receipts over the previous week The
tota sales were ? 1895 bales. The following are
the Official closing spot quotations of the Cot
ton Exchange:
So,