The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-05
com N ERcIAL.
SAVANNAH MARKETS.
General Remarks.
Weekly Report.
OFFICE MORNING NEWS. !
Savannah. Ga. Nav 1. 1894. (

savannah, "a, May L. 1894.
General Remarks.
There has been little more activity no
etced in the general markets during the last
week than for several previously noted. In
the iobbing trades there has been rather more
than usual doing. The grocery trade has been
moving with full volume. Dry goods are at
the usual standstin at this season. The hard
ware trade reports only fair business doing.
Collections are still quite slow, and in
some instances very unsatisfactory. The
aggression in the cotton business has
bsen felt considerably, and the outlook is not
particularly encouraging. to say the least.
The report Of 2 per cent. less acreage in
Georgia. the poor stands and cool nights
which has retarded the growth, caused some
little steadiness in the future markets, for
dav. but the general average which has been
Given out, that the acreage is from to 10 per
cent. increase influences the controlling mar
t,ets and keeps down the present market
7,rices. and lessons the demands for spots,
The redeeming feature of our markets is the
evcellently good demands for spirits turpen-
tine and rosin. The trading has been unusu-
sllv good, and prices have frmness
which is encouraging TO the producers
The lumber trade is gradually increasing,
though prices are still low and unchanged.
E7reights are nominal, but charters for
foreign shipments of naval stores and coast
wise shipments of lumber are quite numerous
al present. Money continues easy. The fol-
lowing resume of the weeks business will
show the tone and the latest quotations of
the different markets at the close to-day:
Naval Stores.
Shirts Turpentine-The market has con-
tinued TO be firmly held at 261ac since last
weeks review. The inquiry has been steady
A. a decline, but factors have held out for
mutations; consequently the sales nave been
only to ill orders for domestic shipment.
There are number of vessels in port which
are chartered to load naval stores for Europe,
and the factors expect to get present quota
tions or higher prices for spirits while every
effort is being made by the exporters to bear
the market. For the past few days there has
reen frequent bids at 264c which has not
been accepted Every indication is that there
will be- some lively trading within short
time whether the price should decline or not.
The receipts for the past week have been
quite large and there is considerable Offering
stock on hand. The sales Tor the week were
about ? 500 casks.
Rosin-There has been an advance of sc in
common AMI medium and 90 to lOc in win dow
glass and water whtteroSt since last week
review. The demand for all grades have
continued steadily and very nearly all of the
offering stock has been taken at quotations.
There is a special inquiry for pale grades,
and there is an inclination to hold them in
the country, the producers wanting higher
prices. The receipts have kept up steady,
however, and orders have been pretty we'll
filed during the week. The increased de-
mand and The firmness of the market has
caused a better feeling among the producers
and factors, who begin to confidently expect
a good summer business at fair and steady
prices The sales for the week were about
il 900 barrels.
Quotat1ons-At the close of the market
last night the following quotations were
bulletined at the Board of Trade: Spirits tur-
pentine firmly held at 261lc for regulars.
Rnsln firm