The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-12
COMMERCIAL.
SAVANNAH MARKETS.
Weekly Report.
OFFICE MORNING NEWS. !
Savannah. Ca, May Il, 1894.

General Remarks.
business in the general market has been
fairly steady and with some activity in each
particular department. The grocery and pro
vision markets have been especially good and
oulte a steady movement was going on. The
depression in cotton continues, though prices
are somewhat steadler. This market however,
remains about as usual at this season of the
wear. Nearly all of the cotton from this sec
zion has already been marketed. The naval
stores market is the leading feature at pres
ont and the heavy demand with firm prices
has caused a very satisfactory business to be
done. In lumber the demand is steady. The
money market continues easy, with fair de-
,rapd for the season. The following resume
N 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 last week has been
the lfvelest ever known in the market The
Cnening OF the market last Saturday was a
continuation of the situation which had been
for some time previous. he exports were
inCuiring after spirits, but had been making
svarv EFFORT to bear the market The fac
tors on the other hand, held out in a deter
mined manner for 261&c. the price they had
sgraed upon to take for their stock. During
45a first three days Of the week there were
sajes of about 1900 casks, all OF which
- to fill orders for domestic
sbinment On Tuesday morning, the
same position was had at the opening Of the
Toarl5et but short time after the opening
the big exporters made dive for the accum.
Mated stocks, paying the factors price,
SfI.c for regulars. In few hours the sales
amounted to 1850 casks, which cleared up
m entire offering stock. This was the largest
transactions ever known, on any market dur
inc one day On Wednesday, there was a lull
in the market The amount OF onering stock,
Was only one days receipts and did not in
terest the exporters, though ready sales could
have been made at 2619c The factors held
their receipts, however at &c, con
seouentlv no transactions were made
a. the close of the market on
THURSDAY it was oficially posted at &c
for regulars. with some sales, for domestic
order At the close to-day II was unchanged
MIN small sales for domestic shipment
inc sales for the entire week were about
~ 500 casks. There is every indication that
the factors have won the past night for "llv-
ing" prices. The past season In which Specu-
I9torS have dictated the quotatlons at their
will TO suit their own transactions, is APP
parently growing to an end. he factors are
milling together and are determined to- at
least. supply the demand at profitable
Rosin-There has been a steady increase in
values during the last week, and the trans
arfIons have kept apace with the rise. Each
DAVIS receipts have been quickly taken, and
the lively inquiry has caused strong feeling
among the factors. All grades nave been IN
good demand. Pale and common roS1nS have
jumped up in price, even beyond the eXpecta-
lions of the sellers. The sales of the entire
week were about is 600 barrels. There are
about fifteen vessels here loading or ready to
load naval stores while there are now thirty
vessels to arrive which are expected to take
cargoas of naval stores. The general situa-
ton of the market is better than it has been
for over two years. and the producers feel en-
cOuraged over the fact that the season of
heavy losses IN the turpentine business are
drawing to an end, and that the future pre-
sents picture Of profits.
DuOtatlOuS-At the close of the market
last night the following quotations were
buletned at the Board Of Trade: Spirits tur-
pentine firm at PC for regulars.
ROSln firm