The Republican journal., 1893-12-14
Marine Miscellany.

FlHIfHI~ The ght Circular of BroNll
\ 49,, NeW ork report for the week trld-
ing Dee. :; The business If the Week iias
leen to ,olne extent abridged III tilt, .nter-
yenton of hofday, ana with the contnll-
alton of the discouraglng condition, that
have prevailed during a protrauted period
the situation has not changed for the better.
If anything, the more distant oil shore
freIghts have shown an easier tendency, for
though the spot supply Of tonnage is exc-I,-
tionally small it is Vet amply sufficient to
meet the limited inquiry from shippers III all
departments Petroleum for Europe con
tluuts inactive, business being reduced
70 occasional charters at rates which arr
a little lower than they We're at the cor
responding period last wear Case freights
u China, Japan and the indies are quiet
and the steamers sharply competing the
market is barely steady, ON basis Of lie to
Hong Kong, 1Se to Japan, pc TO Shanghai
IA 10 Calcutta. 16c to Saigon a a l5alGc to
JaEa-or lac less than the rates which pre-
vailed 4 wear ago General cargo freights in
all directions remain at low tbb, the tom
mage requirements of the Australia and
West Coast lines being comparatively small,
while the great bulk Of the shipments to
South America and South Africa il bv
steamers. Inactivity in deal and timber
freightS from the British Provinces and the
Gull reflects the continuation Of Il rongesteel
condition Of the European wood markets,
ana rates are at about the lowest point
ul tile Wear, namely IDS to rs 90 for deals
from st. John. Nrw Brunswick, t. the
West Coast NJ England, ana So to s.,s for
SaWn timber from tile yellow zine ports to
tie t. X, ana Continent Lumber tr, ghts
for the River Plate and Brazil remain uuie t
and RATES are barely steady. There have
been Two or three charters from the South
nf Spain at NJ 30 Spanish gold, ana one Or
two fixtures With wood pulp from Maine to
r. X Ut l4nl.1s. Naval store treigits CON
time depressed with little demand, and it
would be difficult to obtain better than Is
Id q Is 81 on rosin from the South Of
Cork for orders for handy sized vessels, on
the spot Or 70 arrive. For direct ports il
Ireland and Bristol Channel, Italian vessels
has accepted as low rate Is 10 I'D z .
West India and other short foreign freights
are barely holding their own. For general
cargo tonnage the demand is moderate
while coal freights are moderately active
for Cuba at about S1.75G $50 from Phila-
telphia, Baltimore and Norfolk to Cuba,
S575d Sc for Cuba, and IS 20a $3.50 for the
Windward Islands. Homeward freights
show no Improvement, and better business
cannot be looked for until the movement Of
the Cuba cane crop begins, some weeks
hence yellow pine lumber freights coast
wise continue inactive and unchanged at,
say, S4.15o - from Atlantic ports, and S.5.15
from the Gulf to New York. Coal freghts
eastward are slow and rates are about
steady Charters Sch. Edward Stewart,
Philadelphia to Trinidad Cuba and back
North Of Hatteras, sugar, 20 u and - cents,
coal out for port charges. Bq. Lizzie Carter,
Baltimore to Matanzas, coal S1.75. Ship Il.
=. Thomas, prematurely reported last week,
$4,000 cases to Amboy, Swallow or Foochow,
20 -, q 1-2a22 II cents. Sch. +. q. Pen
dleton Brunswick to New York, lumber, s..
Sch. Puritan, Norfolk to Hartford, lumber,