The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-04-08
COMMERCIAL.
SAVANNAH MARK cts.
WEEKLY REPORT.
OFFICE MORNING NEWS.
nrfl = 1902


-, RFNARKs-Business in the general
e-Lst has not shown any important change
pa'1 or the other during the week under re-
and there is little that is new or interest
In the iobbing trades conditions are about
~ came as has prevailed for some time back
Wv W Weather has, however. favored both the
~ and iobbing trades, aud the de-
a5 has. no doubt, been stimulated
lovbat rs it has been quite steady and in
"a volume, while in the aggregate it was
sso.sia- than for the previous week, as is dis
'-.sd bv the weekly clearing house returns
- nave shown a very satisfactory and SUB
,.,,sl increase. The features of the week
-a-s the continued increase in the
ION naval stores and provision
lets. which have all declined heavily
- also the decline in high wines in the west
,dvices from the interior in regard to the crops
.,s also very favorable; reports from Florida
~ south Georgia IN regard to longstsple cot
-, cav that TIE plant is developing finely and
4 cell No. which is much earlier this season
.t.n in years back. while the crop it is believed
.o,r will be a large on, as there is quite heavy
.orssse planted. The money market is soma
mat easier, still the demand Keeps up
.ctively. Foreign exchange Is firm aud higher.
In
5smani. although it has developed a pretty
stsgdy order business. Dry goods was quiet
and the demand moderate. in lumber there is
a brisk demand and a good trade doing In
other departments there was not qui Q so much
doing Collections ara sluggish. The follow
i7g review of the weeks business will show the
tome and the latest closing quotations Of the
different markets to-day:
NAVAL SToREs-The spirits turpeutine market
was dull and weak ard prices declined. The
demand was quite slug >ish, and the most of tho
traing was on the basis of 29c for regulars.
The slow demand Is due to a scarcity Of orders,
and the low prices to the tightness of the money
market. The receipts are quite light. but this
fails 10 affect the market, owing to the indifer-
enre Of BUYERS. The total sales for the week
were about 500 casks Rosin-The market was
more or less quiet through the week. The pale
grades are apparently held TOO high, while
holders are Rverse to reducing prices which
serve as a basis for marketing receipts; these
grades, however, are neglected TIE medium
grades and strained to good strained are in
very good request aud firmly held at quota
tons although supplies are ample, as receipts
of new crop furniSn pretty full lines. although
grades OF l, X and NJ are not offered as freely as
others. The sales for the week we're about 1900
barrels In another column will be found a
weekly table of receipts and exports as COM
pared with a ike period last year, showing
the stock on hand and on shipbOard not cleared,
together with the Official CLOSING quOLatlOnS.
loTTOS-The market was dull and weak and
prices steadily sold off during the week. 1t,
however, rallied during the past Two days and
became firmer, though not quotably higher.
Tie cause of the depression in the first half of
the week was due to slow selling at Liverpool
and the several failures in the trade on the other
side which caused some apprehension aud
anxiety for awhile, but this was only temporary.
Large sales in New York and Liverpool aided
matters very much. and the market closes in
much better shape Prices have declined fully
5.ltc all around since last report. The den and
was rather light and trading S ow as a whole.
the bIlG OF the sales being made in the past
two days The total sales for the week
were only $40 bales. The following are
the ofic al closing spot quotations Of the Cot