The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-13
COMMERCIAL.
SAVANNAH MARKETS.
Weekly Report.
OFFICE MORNING NEWS.
co,-.,,nah On Nav II 1902

Savannah, Ca, May Il, 1893.
General Observation-Disclosures in the general
.rI,et has been fairly steady and without
,.n activity in any particular department.
u reel, has been to some extent a semi
,-I;dov one. owing to the festivities incident
- he Merchants May week celebration.
- wore but few order coming to hand
- to commercial travellers being in the
O'..,ttending the celebration, still this has
- in a great measure Offset by the large
,r,per of buyers, who have also attended
lie the opportunity was taken advantage
.sbr iobbcrs. who have been kept fairly busy
.aToro in entertaining them, but in book
.orders as well All things considered, there
. g, better trade doing than was antic-
,,o,ad and there has been good volume of
-Ii.,,ing SHIPMENTS through the week. There
&c M particular features about the week
,-ode. the effects of the previous weeks furry
- erancial affairs have about disappeared,
I'D merchants are beginning to develop a
,,oro confident feeling in the outlook In
,rice. q further advance has occurred
n co0ees. sugars and provisions, as also in
-a,-,f stores. while cotton has been weaker
ana declined The demand for money has
roer active. while foreign exchange has
s,.adied ND somewhat. In lumber the de-
,rand * steady though not as brisk as it has
I'm The following resume of the week S
,r.iress will show the tone and the latest
o1osire, quotations of the different markets
today:
Naval Stores-The spirits turpentine mar
l,et ruled firm through the week and prices
were advanced &c. During the first half
+bere was an active demand, but the inquiry
was largely for foreign account owing to the
continued lack of cOaStWise freight room
which rather prevented buyers having do
nestle orders from filling them, and in the
last half there was less demand; the tirmneSS
nj factors, however, prevents an easier feel
inr The total sales were fully 5000 casks.
Rosin- The market has maintained a fair de-
gree of tirmness for the lower grades while
The better qualities have ruled strong and ad-
vancing the advance in M being almost I'M
precedented Strained to good strained was
forced up PIC, but at the close to-day fell off
arafn and closes on parity with last week
The demand was steady, but the scarcity of
the better sorts restricted business. The
total sales for the week were about
1900 barrels. In another column Will be
found d weekly table of receipts and exports
as compared with like period last year, show
ing the stock on hand and on Shipboard
not cleared together with the official quota
tons.
Cotton-The spot market was quiet and
easier during the week, Influenced by the
cratic course of controlling markets. The
demand was slow, although all things con-
sidered in the aggregate there was a fair
business done, the total sales for the week
footing up 1924 bales. The market closes
quiet with prices &c lower than a week ago.
The report of the agricultural bureau, sho W
ing such a small increase of acreage seems to
obtain but little credit in leading markets.
while the fears of any great damage by the
rise of the rivers in the southwest has, in a
great measure subsidized, and the indications
point to still further weakness. The follow
ing are the official spot quotations of the
Cotton Exchange: