The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-01-14
COMMERCIAL.
SAVANNAH MARKETS.
xxxzLy nEroRr.
OFFICE MORNING NEWS,


OFFICE MORNING NEWS,
SAVANNAH. GA. Jan. 10. 1898.
GENERAL RxxAsKs-Business as whole IN
.ns General market was rather restricted. Tbs
s1ansnces and other conditions we're against
.rv large operations. The weather has been
unite cold, which. Of course, restraints any dis
yostion toward activity in iobbing
sircles, There was. however. & pretty
snn representation of interior buy
.rs looking over the market, but their pur-
.bases have so far been rather conservative and
the same has characterized ths generality OF
orders acquired by jobbers. es a consequence
new business was very light. There were sew
,rsl interesting features in the leading staples,
che most notable being the enormous sd-
vance in provisions as also the steady advance
IN spirits turpentiue and the drop in the price
~ cotton There were no features Of new in
,arest as regards business in spot cotton, how
aver. The grocery trade has secured a pretty
steady demand and there was good movement
IN progress. There was but moderate attention
attended to the dry goods trade as yet In
hardware there was not much activity but
the demand is increasing. and the bust
ness under way was pretty full. In lumber
the outward movement was very moderate.
With all other departments there was nothing
unusual disclosed in the trading. The money
market was quite easy and exchange. both
foreign and domestic, was firm at current rates
There was nothing doing in securities, the
market being nat. The following resume of the
weeks business will show the tone and the
latest quotations Of the different markets az the
close today:
NAVAL SroREs-The spirits turpentine mar
ket was strong and advancing throughout the
week. There was fairly active inquiry and
about sll the offering stock in first hands was
lated receipts somewhat, and this fact, as it be-
comes apparent, has the effect Of quetlug the
demand. At the close of the market sales
were made at Sic for regulars, q full advance Of
CSC since last report. The sales for the week
we're about 5000 casks. Rosin-The market
was quite firm as whole, while the medium
grades were strong and advanced rather
sharply. There was a good steady inquiry for
the medium and the lower grades The sales
during the week were about 10000
Sound a weekly table of receipts and exports
IS compared with a like period last year show.
ing the stock on hand and on shipboard not
cleared, together with the official closing quota
tons.
CorroN-The market during the week was
generally quiet and the movement rather slug
gish. and about the only feature was the drop
in values. The demand was quite slow and ex-
porters display no urgency In the inquiry while
the transactions fro dav to day were of a
hand to-mouth character The receipts are
very light at the ports and advices OF unfa or
able crop reports from india were confirmed
These factors, however, were without any infiu-
ence in controlling markets, and the heavy
liquidation in New York and fears Of the pass
age of g Batch bill caused values to slough of.
The total sales for the week we're 92l bales
The following are the official closing SPOT quota
ons of the Cotton Exchange: