The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-04-22
COMMERCIAL.
SAVANNAH MARKETS.
WEEKLY REPORT.
OFFICE MORNING NEWS.
SAVANNAH. GA, April p. 1898.

OFFICE MORNING NEWS.
SAVANNAH. Ga, April 2i. 1898.
REwARKs-Business in the general
61S.-L,l5s To the even tsnor of its way. Il
rs ~ ~, ,,,Iat with no new developments, and
fs-la', toas not appear to be any marked i'm
tl71s .an, in any particular line. n fact,
po''.'..ondfttoas have generally prevailed, not
qls' 80, sign of activity being visible IN the
1le,-. trades at all. Travellers on the
ru.'a aivise the same state of affairs in the
70 and the spri g business seems to have
H'o- ~, short by the continuance Of moder.
- cool weather as we'll as TO the rapid de-
49, ~, IN the cotton market in the early part OF
'.sk The feature of the week. of course,
=. the weakness of values, particularly in the
- and naval stores markets, as
in most of the leading
- staples. which of itself has always a ten
- N cause the demand to fall off instead
:, influencing buyers. Money continues fairly
There are some complaints about slow
.,d unsatisfactory collections. In groceries
- ,rietDess was most perceptible, and there
.ss very slow movement had; in fact.
'--s;,g was much slower in this branch
han has characterized it for several
,,,rtbs In dry goods business was fiat with
-o,,a aasness manifested in prices, notably in
70, goods In lumber the situation has
Hanged but little, Orders are coming in hber-
civ though not in excess of the previous week;
-.ipas however, hold firmly. In other depart
nsnts distributors report a somewhat dull
movement. The following resume of the weeks
business will show the tone and the latest clos
DO quotations Of the different markets to-
day
NAVAL SroREs-The spirits turpentiue mar
ket was rather quiet and price easy and favor
ing buyers throughout the week. The cause of
the heavy decline in values is attributed TO the
sIo,g and indifferent demand and the increase
in the receipts. Holders were offering freely,
Int buyers were taking matters easy and a rule
holding off which, as rule of course, limited
the trading. At the close of the market to-day
rrces were off fully la&c from week ago. The
Total sales were probably 5000 casks. Rosin-
There was quite a heavy slump in the medium
and extreme pale grades, while the lower
grades we're firmer and slightly higher and the
market closes fairly firm all around. The in
oury Las continued steady for the grades be-
low X but the better qualities still continue
neglected though u ls believed that the heavy
decline in paies will induce trading in them.
Tie total sales for the week were about $4,000
barrels In another column will be found a
weekly table of receipts and exports as COM
pared with a like period last year, showing
the stock on hand and on shipboard not cleared,
together with the official closing quotations.
CorToN-The market during the first half of
the week was rather weak and prices steadily
sold of. the loss in prices being fully &c all
around. The decline failed to stimulate the
demand to any extent. The depression, of
course, was in full sympathy with the very
weak Liverpool and New York a1vices.
In the last half, however, there
was a stronger feeling though not until Thurs
day did prices rally, when they recovered &c
in all grades and little livelier dealings char
acterized the market, which closed easy. This
was due to an active marget in Liverpool, and
a rise in contracts in all of the controlling mar
kets The total sales for the week were 2,732
bales Note-The opening call at 1890 O'Clock a,
m and the closing one at O'Clock o. m. have
been discontinued for the balance OF the
season. The following are the official closing
spot quotations Of the Cotton Exchange: