The morning news., 1894-02-03

OFFICE MORNING NEWS,
SAVANNAH, GA. Feb. 2, 1894. !
General Remarks.
-,-oss as a whole, in the general market
buo-',1a bN-.,s mast week has been quite disap-
anrlns 77,a dernand has been good for naval
POiA'-- .,,rever. but that is an exception to
- otber leading departments Inc COTTON
Ine has been absolutely fat, there being
Dodsmand during the entire week ana tne
Do uo-- I've remained unchanged, while the
.one Of the market was exceedingly aull, Inc
t5 ton0 however, in the general lobb1ng
s-a5as was favorabiy dlstrlputeo' anu 1ne
H1-o1 .,T,ant while not specially active, has
zen sutflcient to make up a satisfactory
"l pe The money market continues easy.
roreign exchange has renamed noInlha! our-
iOlt.5 80 week with an occasional change in the
zone In groceries there has been good oe-
W. W. and the distribution has been going on
lite RAPIDLY, especially in bulk goods. Ihere
" Saoa M special feature to note in the gen.
.roI nrices during the past week. FOR ory
elal lse +be demand was satisfactorily distrib-
S,sd over the various descriptions OF cotton
~ w 5ress Goods. and jobbers are getting in
o-5srs for the spring trade, whlcn may De
OaS+[ va - he enlarging. The business in lumber
q verv slow, and orders for cargoes are
- = Shipping is very dull, there
beinp very little inquiry for frelghts. several
ealing vessels are loading with cotton for
rrrone and the continent Arrivals OF Tor
agn sailing vessels are slow, none having en-
,eyed this port during the past three weeks.
In other branches the trade is moving along
oos1v collections are not as full as they
NIGHT he for the commencement OF the year.
Tbefollowing resume of the weeks business
will show the tone and the latest quotations
Of the different markets at the close today:
Naval stores.
ei-i+s Turpentine-There was strong de-
,ra1d during the entire week and the market
-os held firm at advancing prices. The re-
csi1ts have been quite light, but sales have
exceeded the movement. owing 10 several
lots which had been held, being onered on
the market at the advance. The market
onened last Saturday at 2Sc. Monday, 1t ad-
vanced nc: and continued unchanged until
Wednesday,. when further advance OF Nc
was made on Thursday the price rose TO
0S3I and closed to-day at ~ cents. Although
he n~ice is not up to the quotations OF year
600 al this time. 1t is an open secret that
ne market will be 30c in few days, which
viii he influenced By bull movement of
large exporting house which holds the ma
iority Of the stock of spirits of turpentine.
'Rosin.-There has been a steady demand
A for ali grades during the week, particularly
mediums Pales are not sought after, but
are taken along with full lines. While com
mon grades are in good demand, the buyers
Of this quality are not anxious TO pay the
prices and would prefer a slump in that di-
Tection. Although the prices Of rosin are not
As high as they were at this time last year.
the sales continue quite satisfactory, though
a exporters claim that there is but little mar
ein In buying at present quotations. The
h week experienced some fluctuations in I
grade and below, but closes firm at the quo
tstions at the Board of Trade.
Ouotations-At the close of the market
Thursday night the following quotations were
bulletined at the Board Of Trade: Spirits tur-
"A rentine firm at 29c for regulars: Firm