The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-27
COMMERCIAL.
SAVANNAH MARKETS.
Weekly Report.


Savannah, Ca, May 20, 1893
General Remarks-Pretty much the same
coalitions existed in the general market dur
tTr the week under review as were noticed in
~ nrevious week. A generally healthy tone
uas. however, apparent, especially in the job
hin, trades. and made more so by an improved
,r,de. the general distribution showing a
sIirbt increase. This is attributed to
che fact that the interior trade
are taking more goods, but at the same time
show considerable disposition to be very con
sor,3tive. The demand, however, has also
besn stimulated by the activity OF travellers
on the road The report Of the associated
hanks shows some falling of in the aggregate
ratlrns. due to the small business in cotton
and Il slight falling of in the demand
for lumber The money market also
evbibits an easier tendency stiu the active
demand prevailing for several weeks still ex-
ISIS Collections are rather poor, as usual.
The exchange market was remarkably steady
both for foreign and domestic, The security
market is very fiat, and there is little trad
ing except for a few local bank stocks
In the grocery trade there was a
fairly brisk demand for this period
and there was good movement
IN nropress. There was a fair receipt of
orders for dry goods from statesmen for the
next three months deliveries. In hardware
there was very small trade doing In other
lines. buyers were not operating freely,
though quite steadily and the volume of the
movement is fully up to last year. The
feature Of the week was the weakness in cot
ton and naval stores and the advance in pro
visions The following resume of the weeks
business will show the tone and the latest
closing quotations of the different markets
today
Naval StOres-The market for spirits tur-
peutue was rather weak during the past
week and prices steadily declined until 26c
for regulars was touched, when it steadied up
during the closing days. The demand was
very fair and offerings were literally. taken
on each days decline Factors however,
were pretty free sellers and no stock was al
lowed to accumulate. Receipts are compar-
atvely small. The total sales for the week
were about 500 casks. ROsin-There was a
continued good demand for pretty much all
grades, while the market was firm for the
whole list, except for strained to good
strained, which declined 2hc The receipts
continue to show up largely of the low grades,
while the better sorts are in light sup
ply and in most request. The total
sales this week were fully 1900
barrels. In another column will be
found a weekly table of receipts and exports
a. compared with like period last year show
ing the stock on hand and on shipboard
not cleared, together with the official quota
tons.
CottOn-A slow and tedious market was re-
ported in the spot market during the week.
The receipts are slightly in excess of the
trading and stocks show little accumulation.
Holders have been disposed to shade prices
TO some extent, which until to-day have been
fairly well maintained, but weakened in sym
pathy with the decline in Liverpool and sold
off &c all around. The total sales for the week
were ,l99 bales. Reports from some parts of
the cotton belt are not very satisfactory; the
cool nights have interfcred with the plant
and in some sections replanting is going on.
The following are the official spot quotations
of the Cotton Exchange: