The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-14
COMMERCIAL.
SAVANNAH MARKETS.
Weekly Report.
OFFICE MORNING NEWS
Savannah, Ga, Oct. -, 1898.
General Remarks.

OFFICE MORNING NEW S. I
Savannah, Ga, Oct b. 1898.
General Remarks.
There was a continued activity in the gen
.rar market during last week, although there
vas a trthe less in the cotton market and a
little lull in naval stores for day or two, but
me market revived, and although prices were
little lower in some respects, a satisfactory
trade was done throughout the week.
In all other branches the situation was
much improved and practically on the same
course as outlined the previous week.
In the jobbing trades the demand still runs
large, and there is a great quantity of goods
being shipped to the interior towns.
The volume of trade is steadily increasing
As is shown by the total clearings at the
clearing house for the week. while prices with
hut few exceptions are well maintained in
every branch Of trade. Freights are firm and
advancing. There is a large amount of steam
tonnage Offering to cotton shippers, and
number of steamers are now being loaded
with the staple. The foreign exchange has
ruled weak and lower, but has steadied up
during the past two days and closed firm.
Domestic exchange is easy and active. The
hanks have all reduced the rates of interest.
There is a continued active demand in gro
ceries and provisions, and a large amount of
stock is moving. There is a moderate de-
mand in dry goods. but the trade is generally
better than it was a few e ks ago Hard
ware Ids its own and there are increased
demands and heavy shipments. Lumber is
in fair demand, and there are several vessels
now loading at this port and others chartered
to arrive In other departments the demand
was quite as full as it usually is at this time
Of the year. Collections were also in pretty
FrrV adVV INV GlEr
The following esume of the weeks busl-
ness will show the tone and the latest quota
tons Of the different markets at the close to-
day:
Spirits Turpeutine-The week opened with
q decline of &c and an increased demand at
25l4 cents for re- ars, but falling of of the
demand beared the market to % cents at
which price it remained until Wednesday
when sales were made at 2514cents. The mar
ket advanced to 251a on thursday with
strong demand. The inquiry continues strong,
but on account of yesterdays storm, there
was very small receipts reported and the
stock could not be delivered. The buyers
were anxious to purchase, and there were
bids at 1854 cents. The market remained
firm. The sales of the week amounted to
B. 400 casks.
Rosin-The demand has been strong for all
grades during the past week. The market,
however, has iuctuated a little and closes at a
decline OF cents per barrel for common
grades, while there are some little changes in
mediums and pales. I here are large number
of vessels here ready for cargoes and it is ex-
pected that the stock on hand will be greatly
decreased in a short time. The sales of the
week amounted to 1900 barrels.
Receipts and Exports-Ihe total receipts
for the past week were 6SOs casks spirits tur-
pentlne and 1874 barrels rosin. The ex-
ports for the past week were 5 ,985 casks
spirits turpentine and 1890 barrels rosu,
moving as follows: To New York, 495 casks
spirits turpentlne and $3.50 barrels rosin to
Baltimore 269 casks spirits turpentine and
3,0l6 barrels rosin; to Boston, 1886 casks spirits
turpentine and 513 barrels rosin; to Liver
pool 80 casks spirits turpentine: to Ham
burg 800 casks spirits turpentine and 1900
barrels rOsin; to London, 638 casks spirits
turpentine; to Harburg 5000 barrels rosin,
to Paysandu POP barrels rosin; to Barcelona
2,55O barrels rosin: to the interior, 81 casks
spirits turpentlne and 579 barrels rosin.
Quotations-At the close of the market
to-day the following quotations were bull
letined at the board OF trade: Spirits turpen-
tine firm at 2521c bid for regulars:
RoSin quiet.